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Artcurial

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Artcurial at the Hôtel Marcel Dassault in Paris

Artcurial is a French auction house which has its headquarters at the historic Hôtel Marcel Dassault in Paris.

History

In 2001, Nicolas Orlowski acquired the Artcurial Gallery from L'Oréal.[1] He hired auctioneers Francis Briest, Hervé Poulain and Rémy Le Fur, and established an auction house by the same name.[1]

It is a subsidiary of the Dassault Group.[2] Additionally, Monegasque billionaire Michel Pastor was a shareholder until his death in 2014.[3]

As of 2014, it was the third largest auction house in Paris after Christie's and Sotheby's.[1]

In 2022, Artcurial celebrated its 20th anniversary.[4]

April 2023 Artcurial acquired Beurret Bailly Widmer Auktioner, an Auction house in Switzerland.[4] Beurret Bailly was founded in 2011 by Nicolas Beurret and Emmanuel Bailly that specialized in the sale of modern and contemporary art.[4][5]

Notable Auctions

In March of 2023, there was news of a botched $1 million auction after the buyer, Patrick Matthiesen, asked about the origins of the painting they purchased.[6] The piece in question,Narcissus by Laurent de La Hyre (circa 1640), was originally purchased in an anonymous sale in London in 1929.[6]

References

  1. ^ a b c Béatrice De Rochebouet, Nicolas Orlowski, monsieur Artcurial, Le Figaro, June 24, 2014
  2. ^ Dassault Group: Artcurial
  3. ^ Marie-Pierre Grondahl, L'héritière est décédée: Qui en veut aux Pastor?, Paris Match, May 21, 2014
  4. ^ a b c ArtDependence. "ArtDependence | Artcurial Expands Into Switzerland With the Acquisition of Beurret Bailly Widmer Auktionen". www.artdependence.com. Retrieved 2023-06-20.
  5. ^ "Nicolas Orlowski's Artcurial Purchases Swiss Auction House to Expand in Europe". Observer. 2023-04-19. Retrieved 2023-06-20.
  6. ^ a b Kinsella, Eileen (2023-05-30). "What the Story of a Botched $1 Million Auction Reveals About the Clash Between New Anti-Money Laundering Laws and Client Confidentiality". Artnet News. Retrieved 2023-06-20.


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