A new investment strand in the art market
Imagine owning a piece of history, a unique and unrepeatable work of art made with an ancient and refined technique. This is the dream of many collectors and investors, who are discovering the charm and value of rare ARAZES made of Cantù Lace or bobbin lace. Not all tapestries are considered works of art, just as not all paintings are Monet, Van Gogh, Dali or Picasso.
The art market is experiencing a phase of great dynamism and innovation, with increasing interest from auction houses and collectors in unconventional and original works of art. Prominent among these are Cantù Lace Tapestries, a technique that requires great skill and precision, and which produces unique and inimitable masterpieces. In this paper, we will analyze the characteristics and value of these Tapestries. We will see how they are becoming established in the investment strand of the international art scene.
Some valuable tapestries belong to museums or royal families, such as at the Vologda Museum in Russia, one of the top ten museums in the country, exclusive bobbin lace tapestries are displayed.
Marelli Pizzi Tapestries are unique works of art whose handmade designs were destroyed once the artifact was completed. The designers and artists who made these artifacts are true masterpieces. Today there is less knowledge about the design and feasibility of stitches than there used to be, when several schools in Cantù were highly skilled in these techniques.
For nobles, owning a Tapestry made with bobbin lace was considered a sign of distinction and refinement.
Investors who approach this field today can be considered pioneers, as the art market is looking for novelty and quality. Surely this is not a speculative bubble, but a revaluation of art and expresses a wonder of Italy.
Tapestries take years, even 30,000 hours of work to complete, and this must always be carefully considered.
Recall that Emperor Napoleon was one of the first to understand the importance of art as a medium of exchange, to the point that many works were paid for and taken to France. Initially he financed Canova to choose the most beautiful ones, but later he began to advocate that works of art should remain the property of the nation, thus paving the way for the concept of artistic heritage protection.
An awareness of the importance of art as a medium of exchange and geopolitical power was evident in Napoleon's approach to the acquisition of works of art. He understood that owning and controlling artistic masterpieces could confer prestige and influence a nation.
Investment in the art market has always been considered an area reserved for a privileged few, but now it is emerging as a form of investment accessible to a wider audience. ARAZES made with skill and precision require an enormous amount of time and skill to complete, making them unique, exclusive and valuable pieces in the art scene.
In addition to their aesthetic and artistic value, tapestries also represent a form of cultural and historical heritage; their value can grow over time, especially when they are rare and unique pieces that enhance Italian bobbin lace.
The concept of artwork protection emerged at that time, when the need to preserve and protect these artistic treasures for future generations was recognized. Today, efforts to protect and preserve works of art are a key part of enhancing a country's cultural heritage.
The art market is constantly evolving and open to new investment opportunities, and rare ARAZES made with bobbin lace are emerging as a promising strand internationally.
The beauty is not only in the object itself, but in the process necessary for its creation.
#meraviglieditalia
Asta d'arte di Arazzi
Maggio 2024
Auction house XXX celebrated its outstanding collection of textile art and tapestries, totaling over €2.3 million in sales.
About 85% of the lots were sold, with a 120% revaluation of the base prices: an unexpected and significant success for the XXX department, which consolidates its relevance internationally.
The most sought-after objects by the foreign public, were tapestries executed in the bobbin lace technique, appreciated for their complexity and beauty. The top lot of the sale was a Tapestry depicting a mythological scene, which sold for €420,000.
Cantù's masterpieces fascinated American, Australian and Asian bidders, with works reflecting the exceptional artistic quality achieved over the centuries. Some of the tapestries belonged to collections of Royal Families and wealthy individuals, purchased several years ago, which was an added value for the current bidders.
Collectors' enthusiasm was also shown for other remarkable specimens, such as a large tapestry from the 20th century, which sold for € xxx,000, and a rare tapestry depicting a hunting scene, which totaled € xxx,500.
The conservation and very contemporary color of the tapestries helped make the auction an important event.
Some important exhibits:
#meraviglieditalia at: Vogue Gioielli
#meraviglieditalia at : Riva 1920
#meraviglieditalia at : Palazzo Malvezzi (BO)