visual arts / Visual arts, Architecture & Design / Great success for the FIAC in Paris

Great success for the FIAC in Paris

October 27, 2014 | By francecanadaculture Ottawa

The 41st session of the FIAC (Foire Internationale d'Art Contemporain) took place in Paris from October 23 to 26, 2014. Paris is now considered as a capital of culture.

An exceptional FIAC

Every year, the FIAC gathers the most prominent artists. The 2014 FIAC kepts its extraordinary promises: more than 74.000 visitors, that is to say 1.4% more than last year, including 5.000 V.I.P. It is the first time so many cultural events are offered, with a number of side exhibitions, and three major official opening, outside the FIAC - the Foundation Louis Vuitton, the Picasso Museum and the Monnaie de Paris.

A fringe exhibition, (OFF)ICIELLE, takes place in the wings of the FIAC, in the Cité de la mode et du design along the Seine.

The world-wide prestige of the FIAC is now amply demonstrated. This session gathered exhibitors from 26 countries and 143 international galleries. On the horizon of the first FIAC of Los Angeles in march 2015, Paris concentrates attention and purchasers. Michele Casamonti, director of Tornabuoni Gallery, assures : "as regards of cultural offer, Paris and New York are at the height".

 

Major stars

The artists of the FIAC present very diverse works. All of them are likely to give interest to collectors, may they be famous or little known in the world.

After the scandal of vandalism of Paul McCarthy's ambiguous Chistmas tree on Place Vendôme a few days before the opening of the FIAC (read this article in Télérama), the FIAC presented the works of major listed artists: Olafur Eliasson (Denmark), Oscar Tuaon (USA), Oscar Murillo (Colombia), Henrique Oliveira (Brasil), Petrit Halijaj (Kosovo), David Altmedj (Quebec), and many others...

 

 

Auction and love of art

As it is a massive trend, the same names are always more and more listed. Rich purchasers make auction sales work. Overbids are part of the FIAC. Indeed, more and more auction houses have decided to align their schedules with art fairs. For Christie's, it is the best moment to draw collectors, and so it is for smaller houses like Piasa or Pierre Cornette de Saint-Cyr. "Art is more and more often a financial investment", says Laurence Dreyfus, an expert in art.

On the contrary, some houses like Sotheby's France prefer to keep auction sales for winter, whereas Tajan supports artists and gallery's directors during the FIAC. "Auction sales damage the art market", explains Rodica Seward, director of Tajan, american business woman and art collector.

In spite of what some people consider as a speculative bubble, "it does not prevent art lovers from keeping buying, as a love illness" observes Daniel Templon, one of the veterans of american market in France.

Sources

- Beginning of the FIAC (Les Echos)

- Press pack (Les Echos)

- Results of the FIAC (Les Echos)

- Press pack (Le Figaro)

- Photo album (Le Monde)

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