Home > Auctions worldwide >that rag hali Re: rippon 11/29/2014
Sat, Nov 29th, 2014 01:25:04 AM
Topic: that rag hali Re: rippon 11/29/2014

This morning, Nov. 24.2014, RK took a look at that rag halis website and saw the following absurd hype concerning this coming weekends rippon-boswell sale.

RK has already voiced our opinion of the sale, however, we could not avoid adding what appears below.

For reader convenience our comments will be in bold type.

Called The generation game at Rippon Boswell RK cannot possibly understand how the editors of that rag hali could possibly draw the conclusions they have from the facts of the situation. Facts that are as obvious as rain is wet.

Rippon Boswells Major Autumn Sale in Wiesbaden, Germany on Saturday 29th November 2014 includes more than 260 lots of selected antique carpets, rugs, flatweaves, tapestries, embroideries and other textiles, as well as rare books.

Of exceptional quality, with consignments ranging from classical oriental carpets through urban, village, tribal and nomad rugs and trappings from the length and breadth of the Eurasian Rug Belt and beyond, to African textiles and European tapestry, the sale is also auctioneer Detlef Maltzahns first venture into the modern world of realtime online bidding through liveauctioneers.com.

Of exceptional quality? Please now, you sycophantic scribblers, show RK one exceptional lot. Of course you fools can't because there isnt one, as our preview of the sale conclusively demonstrates.

There are some good pieces but not one star.

And as far as rippon boswell finally acknowledging the importance of online bidding? Again maltzahn is far behind the curve, as every other auctioneer has gone this route long before him.

Herr Maltzahns latest catalogue begins with another first, a brief but thoughtful introduction reflecting on generational change in the art market and the consequence of such change on rugs and textiles in particular.

Again RK has to call that rag halis words nothing but useless patter as maltzahns introduction has only obvious observations, surely not one of which could possibly be characterized as anything close to thoughtful

Many collections assembled over decades are now being recycled, either by ageing collectors themselves the most efficient way or their heirs. This often allows the next generation of collectors an opportunity to buy first class material at discount prices compared to the sums the some older collectors paid either privately or at auction, for their treasures.

This is both on the surface, as well as below, ridiculous, in fact it is stupid.

First off there is no next generation of collectors, and were there prices for the majority of auction lots in recent rug auctions would be experiencing a rise in value -- or at least a plateau rather than the increasingly steep decline that is so evident.

And as far as discount prices? Had these and other collectors been far more savvy and knowledgeable in their choices they would be selling their collections for profit and not for the losses that almost every one of them has accrued when putting their collection up for sale.

Likewise, had the dealers and advisors they relied upon not taken advantage of them and charged huge price and mark-ups they would also be seeing profits and not losses.

Generational change is very evident in this sale. Most of the fifteen Central Asian suzanis included are consigned by a UK collector who purchased them from leading textile art dealers and is now selling them for reasons of age.

A few of the suzani will perform well but surely the coming Vok collection sale will hang like a big dark cloud over those in this sale.

Similarly, the 45 lots consigned by Signora Gallo, an elderly lady from northern Italy with many years collecting experience, come at estimates intended to ensure that all her carpets and textiles will find new owners.

If Signora Gallo had real collecting experience she would have been able to bag some real gems but regrettably for her and her heirs the far less than stellar quality of her consignment will not fill her piggy bank.

Granted all her lots will do well thanks to the ridiculously low estimates. One wonders what she paid and if those estimates reflect her costs?

Most of the Anatolian kilims are from two private collections: a German industrialist who was deeply involved with kilims for thirty years, but whose children have other interests; and a Swiss architect who fell in love with Anatolian kilims while living and working in the Islamic world for the Aga Khan Foundation.

Nowhere in this spiel from that rag hali is the disconnect between their words of praise and reality greater than with those concerning the Anatolian kelim in the sale.

Not one exceptional, forget star, piece; and the prices, that is if any of them sell, will be equally as disappointing.

There is little to no market for 'good' Anatolian kelim because the collectors already have them and will not venture into the bidding for more of the same.

No doubt were a great early example to come to the marketplace it would perform outstandingly well. But the group in this sale, or those from the coming dispersal of Ignatius Vok, aint good enough. Watch and see how poorly they will perform.

The sale, as always, includes some rare and valuable Turkmen rugs. The highlight is an Eagle Group I carpet with a chevron stripe design consigned by a US collector.

Some? RK sees only the pardah which we wrote about, the rest are lesser examples of types already well represented in the important collections and we sincerely doubt there will be strong bidding for many of those in this sale.

There are also several European pieces. Five beautiful tapestry cushion covers from the late Renaissance period were woven in north German workshops run by Dutch emigrants. Their UK consignor purchased them from C. John in London many years ago.

Again thanks to subterranean low estimates these will perform well. But again one wonders if those estimates reflect the prices the consignors paid or their desperation to have them find new homes?

In addition there are two modern French weavings after designs by great modern artists. Le Tarasque, a tapestry by Jean Lurat, was woven at Aubusson around 1950, while Pablo Picassos Le Vase was made in knotted pile for Marie Cutollis Paris studio in 1960.

While detlef maltzahn dreams reality moves on and as we have already predicted this sale will not be a bell-ringer but rather a clarion call to everyone with open eyes the market for collector oriental rugs will only sit up and take notice of great, early pieces and will by and large only ignore the rest.

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