“Art Auction of Liquidated Assets: Thousands of Works by Famous Artists Available to Public”

It was tremendous; plain and simple, tremendous. Five years later, a large part of these works of art appear in Durán to a public auction as a final liquidation of assets, judicially authorized after bankruptcy 505/2006 carried out by Commercial Court No. 6 of Madrid. It is understood that the proceeds from its sale will be to try to alleviate the fraud to the more than 19,000 people affected by the scam.

And although the judge has estimated that it was the best solution, I think that putting up for sale 627 lots with thousands of works of art at the same time -although there are also some lots of furniture and books- is not the best, everything is said. Read the text of the first of the auction lots to get an idea of ​​the volume: “ART PROJECTS Legends (149).

Lot of 149 folders made up of seven serigraphs on paper made by the following artists: Valerio Adami, Fernando Bellver, Rafael Canogar, Cristóbal Gabarrón, Jean Miotte, Dennis Oppenheim y Mime Rotella. Measures of the serigraphs: 75 x 55 cm. Contains a text written by Mario Vargas Llosa. Each image is accompanied by a text written by the protagonist represented. All this is completed with a book of interviews with the artists. Year: 2004. Technique: Serigraphy. Edited Art and Nature. 75 x 55cm. Price: 20,000 euros”.

To advance, lot 120, urban fossil1993 (lot 120) of Rafael Canogar, is broken down as follows: Lot of 49 works made with serigraphy and acid on rock with Nerinean fossils, first polished and then honed, made by the artist RAFAEL CANOGAR in 1993. Printed in the BO 15 workshop, Madrid. Nº178.1 in the catalog raisonné of the artist. Two deteriorated. Reproduced at www.rafaelcanogar.com. 60 x 45 x 2 cm” Your starting estimate: 10,000 euros.

Beyond the serial work -the forty sculptures of Elena Blood in blued corten steel from 2005 (lot 552), published by Arte y Naturaleza (one deteriorated), 160 x 40 x 1.6 cm, for 4,000 euros, is another example-, there are many original, more than attractive prices. Sure, as often happens, many of them will go up a lot.

What is interesting, in my opinion, are the originals: from Alfredo Alcain there are thirteen (lots 10 to 22), of Juan Mayor fifteen (from 23 to 37, the most expensive of which is offered for 250 euros, from farreras from 160 to 209, and there are also Luis Done, Luis Garcia Ochoa, Jose Hernandez, Ibarrola, Jose Maria Sicilia, Alfonso Albacete And a long etcetera.