Playable Art

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Playable Art

  1. 1. Playable Art: Inside the Secret World of MI Auctions<br />Aaron Blunt<br />Music Products Seminar<br />
  2. 2. MI Auctions<br />Kerry Keane with Eric Clapton<br />Clapton is putting up his A-Team of Fender Strats for auction.<br />The auction earned $5,072,350.<br />Pop-related market is growing.<br />These pieces are meeting the earning record of violins at auctions.<br />
  3. 3. Value<br />Some instruments have a famous history: <br />Joshua Bell’s Stradivarius Violin<br />BronislawHuberman (1882– 1947)<br />Julian Altman 1936; 2001 $4 million<br />Items given by the families of the original owners<br />“Live” auction bidders can be in-room, via telephone or Christie Live.<br />
  4. 4. Auction Houses: Skinner, Christie’s and Sotheby’s <br />Christie’s<br />Founded in 1766<br />2008 $5.1 billion<br />MI Department Head, Kerry Keane<br />Country Music Sale December 3, 2009.<br />Roy Rogers, Hank Williams, Buddy Holly, Johnny and June Carter Cash etc<br />
  5. 5. Christie’s<br />Five Fundamentals for Auction Worth<br />Attribution: Who made it?<br />Quality<br />Condition<br />Freshness: Hasn’t been brought to auction for years or yet to be discovered<br />Provenance: Passion around the sale; Eric Clapton<br />
  6. 6. Christie’s<br />Who’s Buying<br />Private Collectors<br />Professional Musicians<br />
  7. 7. Skinner <br />Representative, Bonsey<br />75% Business with the violin family<br />20% Guitars and other fretted instruments<br />5% Winds<br />
  8. 8. Skinner<br />Market Building<br />Lloyd Loar F5 Mandolins 40k to 200k Growth<br />59 Les Paul Avg260k<br />
  9. 9. Skinner<br />Economic Nature<br />Confidence in growth<br />Violins market remains steady<br />Guitar market has spiked and leveled<br />Solid-body electrics popular<br />Appreciation<br />Rarity<br />“Fine Tangibles”<br />
  10. 10. Sotheby’s<br />Founded in 1744<br />Representative, Tim Ingles<br />Cellist and Head of Musical Instruments 10 years<br />Primarily Violin Market<br />1980s Japan<br />Current Chinese Market<br />10 million violinists<br />Limited: Premium Italian Violins<br />Loaning to professional players<br />Beyond Strings<br />Flemish and English Pianos and Harpsichords; 1820<br />Archived<br />
  11. 11. National Music Museum<br />
  12. 12. National Music Museum<br />
  13. 13. National Music Museum<br />
  14. 14. National Music Museum<br />

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