PARIS — Art collectors from the world over are expected to descend upon Paris this weekend for the auction of some 700 pieces of art accrued by the late designer Yves Saint Laurent and Pierre Bergé over 50 years.
Given that some of the pieces — “The Portrait of Mme L.R.,” by Brancusi, and Duchamp’s “Belle Haleine” — are the last known works by those artists in private hands, the three-day sale, which starts Monday, is expected to break records. And while the Brancusi and a Cubist-era Picasso are among pieces that have been down-valued since the auction was first announced last fall, Christie’s, which is organizing the sale in collaboration with Pierre Bergé and Associates, hopes it will still exceed 300 million euros, or some $380 million at current exchange. Christie’s already has given Bergé a substantial cash advance on the sale.
“Sometimes it’s better to buy a masterpiece, an important piece of art, than have money in your bank,” said François De Ricqlès, vice president of Christie’s France. “If it was a great drawing in 1980, say, when Yves Saint Laurent and Pierre Bergé bought it, it’s still a great drawing today and will be, in 10 or in 20 years’ time, a great drawing.”
Bergé, for whom the collection lost its significance when Saint Laurent died last June, said Wednesday he feels neither regret nor nostalgia on parting with the collection. “I am waiting to see how this sale will proceed with calm and with confidence,” he said, adding the scene unfolding in the Grand Palais, which is hosting an auction for the first time, is like a film. In 11 rooms, spreading more than 130,000 square feet, interior architect Nathalie Criniere has created an elaborate setting that includes replica designs of Saint Laurent’s salon and dining room. “I am dazzled. It’s extraordinary,” Bergé said of the overall effect.
While the media (some 200 journalists and 25 TV crews are expected to attend) has nearly run out of superlatives to describe what is most often referred to as “the sale of the century,” two pieces have gained plenty of column inches.
In recent weeks, China has increased pressure to halt the sale of two animal fountainheads, one of a rat, the other a rabbit, among 12 taken from the Summer Palace of the Emperor Qianlong in Beijing when it was looted by Anglo-French forces during the Second Opium War. A spokesman for China’s foreign ministry told a press conference in Beijing last week that the pieces had been stolen by intruders and should be returned to China, while a team of 80 lawyers is said to be preparing a lawsuit.
“We received nothing. No lawsuits,” reported de Ricqlès.
Christie’s has repeatedly insisted that all of the objects under auction, including the fountainheads, have a clear history of ownership. “We strictly adhere to any and all local and international laws with respect to cultural property and national patrimony of art,” the house stated.
“The Chinese would be better off taking care of human rights,” Bergé told WWD. “These pieces were indeed stolen, but it’s an affair that’s as old as the hills. It’s like the frieze from the Parthenon that’s in the British Museum in London. All the museums in the world are filled with Greek sculptures that were stolen. It’s nothing new.”
Bergé played down speculation the strength of public feeling about the bronze heads in China could prompt a consumer backlash against Yves Saint Laurent, or even French products in that country. “This has nothing to do with the Yves Saint Laurent brand. It is to do with me and me alone,” he said. A spokesman for Yves Saint Laurent, meanwhile, declined to comment on the matter.