The Value Of The Works Of Le Pho

Le Pho is known today as one of the most prominent names in all of Vietnamese art, with two distinct types of artwork becoming his signatures: pastoral scenes featuring flowers and women as well as calligraphic art done in silk, bringing together the sensibilities and techniques of the east and west. While we can see Le Pho works in fine museums like Paris’s Museum d’Art Moderne, do you know exactly what led to his success? Let’s take a closer look.

The tenth out of twenty children, Le Pho was born into a position of privilege, being the son of the Viceroy of Tonkin. This good fortune gave him access to some of the best arts education available in Vietnam, with him starting painting at 16 before enrolling at the Ecole des Beaux Arts de l’Indochine in Hanoi, teaching painting there as well. After furthering his education in Paris, Le Pho would briefly return to Hanoi to teach before formerly settling down in Paris. Women have always been a common presence in his painting, from his early period to when he moved onto oil painting.

Notably, among Vietnamese artists, not only is Le Pho one of the most recognizable, but his work is also seen as the most lucrative. For example, his work, “Girl picks up flowers” recently commanded $339,797 at auction. There are also several paintings by him still held in his native Vietnam, where they are among the most expensive paintings available. In 2007, Gallery Leslie Hintman valued his “Woman in Garden” at a grand total of $30,000-50,000. Generally, his smaller paintings sell between $6000 and $8000.

Several other prominent examples show Le Pho’s place in the pantheon of Asian artists. When Larasati’s in Singapore held its 10th auction, some Le Pho paintings were auctioned among other great names like Hendra Gunawa, Affandi, Wu Guanzhong, and Sudjana Kerton. There, his painting “Mother and children” was put up for sale for between $102,000 and 128,000. Another example comes from 2009, from Sotheby’s in Hong Kong. There, Le Pho’s “Girl with blue scarf” brought was valued between $100,000 and 120,000. This would be the third most expensive painting in that year’s entire auction.

While Le Pho is most known in Asia, any art collector would be happy to call some of his work their own. If you want to add some of the works of this great artist to your own collection, be sure to keep an eye out on your live auction at Dania Beach.

What to Expect at an Auction

Auctions have been a worldwide phenomenon for many decades now, with thousands of people attending in person every year and thousands more online. There’s a variety of these events, with some of the main ones involving houses, cars, storage units, and art. If you’ve never been to one, either online or in person, then this article is the perfect place for you to begin as it describes what you can expect from a typical auction.

What You’ll See

Let’s begin with a breakdown of the typical items and people you can expect to see present. The auctioneer is the person who starts, stops, and runs all of the sales. They determine the flow of the sales and act as the MC of the entire event, with many of them utilizing the typical fast-talking speech that you’ll see in movies and tv show recreations.

In the auctioneer’s hand, you’ll often see something called the hammer, which is exactly like the gavel that a judge will use and acts in the same way. Once it strikes the podium, that declares the official end of the bid.

A paddle might also be present, although there are some places which opt not to use these. If they are present then each spectator will be given one, and they’re meant to indicate that you are placing a bid on the item currently up for sale.

What You’ll Hear

When it comes to the terms that are used during these events, some people can get confused. One of the main terms you’ll hear that might be unknown to some attendees is the term “lot”. Lot means the item that is currently up for bidding. If the auctioneer says the term “cosigner” this means the individual or group that is responsible for giving the item up for sale. The last common term you might hear is “appraisal” which is the value that the organization hosting the event has assigned to the item or lot.

What You’ll Do

There’s a fairly straightforward process that you can expect to see attending a live auction somewhere like Dania Beach. A preview event will be held before the selling begins, where spectators have the opportunity to closely examine each item behind a glass box. Afterward, the auctioneer will bring each lot onto the stage individually and a bidding session will begin on that item. The auctioneer will take bids placed by spectators until no one offers to top the current highest bid, at which point the bidding will stop and the item will be sold to the individual who placed the highest bid. This process repeats until all the items have been bid on, at which point the event is over.

3 Reasons to Buy Art from an Auction

When it comes to buying art for your home, your office or your newly constructed house, you can easily head to the local art store or home decorating store and buy a piece to have in your home. If you want to take your decorating to the next level, however, there are reasons to source your art from elsewhere.

1)   You Want Unique Pieces

Many times artists reserve their best pieces for special sales and special events. Unique pieces that are designed with special motives or creative inspiration or those that have a particular meaning and theme behind them are often not seen by the public or sold in a public place. How great would it be to have someone walk in your house in awe of the art you have because of how unique and individualized it is? Not only that but for you to be able to tell the story of where it is from and how you got it

2)   You Understand the Value

For some people who are looking for art to put in their house, they don’t have any priority behind the value of the art from the perspective of the artist, and instead are just looking for a piece fo fill a spot. In other words, they are getting art for art’s sake, and not for any meaningful value or purpose. For people who put emphasis behind what the art means, however, there is more to it than simply finding the piece that is on sale or going to the local art store and getting the piece that is the right size for the space. If this sounds more like the way you treat art and what you are after, it may not be the right fit for you to simply go to an art store for your piece.

3)   You Treat it as an Experience

For many people, purchasing art is not simply about the art itself: it is about the experience involved in getting it. Heading to a live auction in Dania Beach, taking in the atmosphere, being surrounded by like-minded individuals and then getting involved in bidding and fighting for the piece you want is what makes you love art. Choosing a piece, doing the research and then going through an authentic means of purchasing to get it creates an experience and story surrounding the piece and in many ways, that is what art is all about.

Whatever your reason, you can be sure you will find quality pieces from another option such as an auction. When you find one that is likely to have the kind of art you like and you are able to go and experience the whole process, the outcome will have that much more meaning for you.

How to Bid at a Live Auction

Although auctions are a great way for consumers to find high end pieces, many are intimidated by the process. But, the process is rather simple. This article highlights these simple steps so first time bidders feel comfortable at a live auction in Dania Beach.

Attend the Preview

It is always best to visit the preview beforehand. Visiting the preview is a great way for bidders to familiarize themselves with the items that will be going up. This can help determine interest in the items, and begin to prepare for how much you are willing to spend on it. Doing this, can also help to prevent people from overpaying for an item. That’s because they will have time to think about the purchase, and come up with a reasonable plan of action for how much they can spend. Finally, this can also deter impulse buyers from bidding on items that they may not be interested in afterwards.

Set a Maximum Budget

Prior to bidding on items set a maximum budget. Many first-time bidders may get caught up in the excitement when an item starts accepting bids. This can cause the bidder to gravely overpay for an item, and regret the purchase. But, this disappointment can be avoided if all bidders set a maximum limit to avoid bidding over their amount.

Check Payment Terms

Every item that is placed for sale will come with set terms and conditions in regard to its payment. For certain items, the buyer may need to pay in a lump sum upfront. This can be tricky for buyers who may not have immediate access to all of the funds. So, rather than risk losing out on the item you desire, be sure to carefully read and understand all of the terms and conditions of the purchasing process.

Register a Bidders Card

All bidders will need to register a bidding card prior to placing a bid. If you intend to place a bid on an item, or are even thinking of doing so, you should make sure to register a bidding card prior to entering. Not registering could mean your bid is not valid, and result in a loss of the item.

Begin Bidding as Soon as The Item is Up

Once the item is placed up, and bids begin to be accepted, the process will go fast. Rather than hold back, interested parties should begin bidding as soon as the item is up. As well, these bidders should gradually increase the bidding amounts until they reach their maximum limit. This will indicate to the others that you are interested, and willing to spend on the item.