WASSILY KANDINSKY ÉPANOUISSEMENT Estimate: 1,600,000 - 1,800,000 EUR Price Realiced: 1,859,338 EUR Aguttes - Parigi 25 June 2008
	ÉTIENNE DINET RECTIFICATIF Estimate: 500,000 - 600,000 EUR Price Realiced: 1,400,000 EUR Gros & Delettrez - Parigi 23 June 2008

translated by Giorgina Arcuri

If quotations for contemporary art still do not seem to present symptoms of a crisis, those relative to the modern sector actually seem to be going through a moment of settlement.
The first signs of a change of course were observed in November 2007, when “The Fields (Wheat Fields)” by Vincent Van Gogh, auctioned by Sotheby’s New York, was withdrawn because it did not even reach its lowest estimate, which was 28 million dollars. In the same evening also “Te poipoi (Le matin)” realized by Paul Gaughin in 1892, was a disappointment.

THE SALE OF TRIBAL ART RUINED BY SUSPICION OF FAKES

The Tajan tribal art auction should be a defining moment of re-opening in this particular sector for the Parisian auction house. Things however went a little differently. The auction was held in Paris last year on 19th February but the outcome was anything but positive.