The European Fine Art Fair

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The MECC venue in Maastricht, home to TEFAF for over 25 years Maastrichts Expositie en Congres centrum.JPG
The MECC venue in Maastricht, home to TEFAF for over 25 years
Picassos lining a wall at the fair in 2011 Maastricht, TEFAF 2011, Picasso's.jpg
Picassos lining a wall at the fair in 2011
Greek and Roman sculptures for sale in 2014 Maastricht, TEFAF2014-12.jpg
Greek and Roman sculptures for sale in 2014

The European Fine Art Fair (TEFAF) is an annual art, antiques, and design fair organized by The European Fine Art Foundation in the MECC in Maastricht, Netherlands. It was first held open in 1988.

Contents

The fair

For ten days each year, 260 of the world's leading galleries from twenty countries, TEFAF Maastricht showcases the traditional areas of Old Master paintings and antique works of art currently on the market. In addition, visitors can view a variety of classical modern and contemporary art, such as jewellery, 20th-century design, and works on paper. There were 266 dealers from twenty countries at the fair's 2015 edition, showing museum-quality pieces ranging from classical antiquity to the 21st century, valued at 4 billion euros. [1] TEFAF was reviewed by the Global Art Magazine. [2]

History

TEFAF Maastricht is the offspring of two Dutch fairs launched in the mid-1970s: Pictura and De Antiquairs International. Pictura was the first international fine art fair in the Netherlands and launched in 1975. Antiqua, an antiques fair launched in 1978, became De Antiquairs International in 1982. Both fairs merged in 1985 under the banner of the Antiquairs International and Pictura Fine Art fair, held at Maastricht's Eurohal. [3]

A 10-day event organized by dealers under the umbrella of the non-profit European Fine Art Foundation, [4] TEFAF Maastricht was subsequently launched at the MECC in 1988, with 89 participating dealers, the majority of them Dutch. [5] It grew to rival known art centers like Paris and London and targeted wealthy collectors in Germany and Switzerland. [6] Though the fair was founded as a fair for dealers in old masters art, more than half the participants have other specialties, including antiquities, furniture, decorative artwork from medieval times to today, rare books and jewellery. By 2014, 43% of dealers at TEFAF specialized in antiques (119 out of 274 galleries). [7] A shortage of museum-quality historic paintings and collectors' shifting tastes have resulted in an increasing emphasis on more recent material. [8]

In 2000, for the first time TEFAF launched an independent study about the size and structure of the European art and antiques market, resulting in the annual publication of the Art Market Report. [9] For years, the fair was considered "a footnote in the annual art market calendar", according to the Wall Street Journal . During the art market boom, collectors put a premium on high-profile contemporary art sales like the Art Basel fairs in Switzerland and Miami and the biannual modern and contemporary art sales of Christie's and Sotheby's in London and New York. [10] The fair celebrated its 25th anniversary in 2012 and is today regarded, along with Swiss modern and contemporary art fair Art Basel, [11] as the world's leading art fair. [12] In 2016, TEFAF formed a ten-year partnership with the Limburg provincial government, the city of Maastricht and the MECC Maastricht convention centre to improve the city's infrastructure. [13]

Participating dealers are admitted only after a strict selection process. TEFAF Maastricht's vetting system involves about 175 international experts in 29 different categories, who examine every work of art in the Fair for quality, authenticity and condition. A number of objects deemed inauthentic or of "poor quality" are regularly placed in storage until fair's end. [14] Moreover, TEFAF has joined the leading platform for stolen art to guarantee transparency towards collectors. [15]

Representatives from about 225 major museums [16] like the Louvre in Paris, [17] the Prado in Madrid, [18] the Frick Collection in New York, Museum of Fine Arts in Boston, the Rijksmuseum in Amsterdam, and the Getty Center in Los Angeles regularly visit the fair. [19] TEFAF's wealthy visitors, many of whom fly in on private planes, have included Saud bin Muhammed Al Thani, Silvio Berlusconi, Calvin Klein, Brad Pitt, Kanye West [20] and Michael Schumacher. [21] One of the youngest buyers was 13-year-old Brahm Wachter from New York, who in 2003 bought a Rembrandt etching at TEFAF, using the money he received from his bar mitzvah. [22]

Expansion plans

Between 1995 and 1999, TEFAF Basel was held at the Messe Basel. [23]

In 1997, TEFAF considered launching a fair in New York, but could not find a site big enough to accommodate around 130 exhibitors. The National Building Museum in Washington, DC, was also mooted as a fair venue. [24]

In 2013, TEFAF announced plans to hold a high-end art and antiques fair in China. [25] The new event, which would have been called TEFAF Beijing 2014, was to have been a collaboration between Maastricht and Sotheby's joint venture with China's state-owned Beijing Gehua Cultural Development Group. A venture between a dealer-organized fair and an international auction house would have been unusual, emphasizing the importance of China for the West's art and antiques trade. [26] However, the plans were abandoned shortly after. [27]

In 2016, TEFAF announced plans to hold additional fairs in New York in 2016 and 2017. [28] It has since been collaborating with the New York art advisers Artvest Partners on two annual fairs at the Park Avenue Armory. The first two fairs at the Park Avenue Armory were TEFAF New York Fall in October and TEFAF New York Spring in May 2017. [29] [30] Bank of America has been the leading partner of TEFAF New York since its launch in 2016. The design of the fair's layout has traditionally been carried out by Tom Postma Design. [31]

Management

Controversy

In 2010, a ring and necklace worth about $1.3 million were stolen from a booth run by Hancocks & Co. [35] In June 2022, the entire fair was evacuated after several men, at least one of whom was reportedly armed, robbed a jewellery stand. [36] [37]

The organizers' decision to continue with TEFAF Maastricht amid the COVID-19 pandemic caused controversy in 2020. For the first time in its history, the fair eventually closed its 2020 edition early, after an exhibitor had been diagnosed with COVID-19. [38] The next fair was held in New York in May 2022, [39] and then in Maastricht in June 2022. [40]

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References

  1. TEFAF History Archived 26 March 2014 at the Wayback Machine TEFAF Maastricht.
  2. Scott Reyburn (19 March 2013), Tefaf in Talks With Sotheby's for Art Event in China Bloomberg .
  3. Gareth Harris (15 March 2012), Tefaf: going Dutch has never felt better Archived 15 December 2013 at the Wayback Machine The Art Newspaper .
  4. Scott Reyburn (19 March 2013), Tefaf in Talks With Sotheby's for Art Event in China Bloomberg .
  5. Gareth Harris (15 March 2012), Tefaf: going Dutch has never felt better Archived 15 December 2013 at the Wayback Machine The Art Newspaper .
  6. Thomas Escritt (5 February 2016), Big name Dutch art fair follows flush collectors to New York Reuters .
  7. Gareth Harris and Anny Shaw (18 March 2014), A market boom, but only for some The Art Newspaper .
  8. Scott Reyburn (15 March 2012), Calvin Klein Browses $1.3 Billion Fair, Warhol Drag Queen Sells Businessweek .
  9. TEFAF History Archived 26 March 2014 at the Wayback Machine TEFAF Maastricht.
  10. Kelly Crow (19 March 2010), The Old Masters Come Roaring Back Wall Street Journal .
  11. Scott Reyburn (12 March 2012), Liz Taylor's Bracelet, Gauguin Painting Boost $1.3 Billion Fair Bloomberg .
  12. Wendy Moonan (9 March 2007), Dealers and Collectors Make the Pilgrimage to Maastricht New York Times .
  13. Melanie Gerlis (11 March 2019), Tefaf Maastricht overhauls Modern art section in battle to stay on top in changing market The Art Newspaper .
  14. Kelly Crow (19 March 2010), The Old Masters Come Roaring Back Wall Street Journal .
  15. "TEFAF". Artfairmag.
  16. Margaret Studer (11 March 2011), The Art World's Yearly Pilgrimage Wall Street Journal .
  17. Scott Reyburn (15 March 2013), Picasso Sells: Kanye West, Lauder View $5.4 Billion Fair Bloomberg .
  18. Kelly Crow (19 March 2010), The Old Masters Come Roaring Back Wall Street Journal .
  19. Donald Morrison (15 March 2006), An Art Fair Where Wealth Is on Display With the Rembrandts New York Times .
  20. Scott Reyburn (15 March 2013), Picasso Sells: Kanye West, Lauder View $5.4 Billion Fair Bloomberg .
  21. Scott Reyburn (12 March 2012), Liz Taylor's Bracelet, Gauguin Painting Boost $1.3 Billion Fair Bloomberg .
  22. Gareth Harris (15 March 2012), Tefaf: going Dutch has never felt better Archived 15 December 2013 at the Wayback Machine The Art Newspaper .
  23. Gareth Harris (15 March 2012), Tefaf: going Dutch has never felt better Archived 15 December 2013 at the Wayback Machine The Art Newspaper .
  24. Gareth Harris (15 March 2012), Tefaf: going Dutch has never felt better Archived 15 December 2013 at the Wayback Machine The Art Newspaper .
  25. Carol Vogel (19 March 2013), European Art Fair May Join With Sotheby's for Chinese Sales New York Times .
  26. Scott Reyburn (19 March 2013), Tefaf in Talks With Sotheby's for Art Event in China Bloomberg .
  27. Carol Vogel (12 December 2013), Plan for Art and Antiques Fair in China Falls Through New York Times .
  28. Thomas Escritt (5 February 2016), Big name Dutch art fair follows flush collectors to New York Reuters
  29. Reyburn, Scott (3 February 2016). "Maastricht Art Fair Widens Its Reach, to New York". The New York Times. Retrieved 13 September 2016.
  30. "TEFAF New York Fall Returns With New Exhibitors". ArtfixDaily. Retrieved 6 November 2017.
  31. "TEFAF New York Announces the Return Of Bank Of America As The Lead Partner for Its 2023 Fair". TEFAF. 13 April 2023. Retrieved 15 May 2023.
  32. Anna Brady (14 August 2020), All change at Tefaf: finance chief takes on managing director role as art fair reduces New York staff The Art Newspaper .
  33. Anna Brady (21 January 2020), Tefaf boss Patrick van Maris—who took the fair brand to New York—quits The Art Newspaper .
  34. Daria Danie (12 January 2015), TEFAF To Welcome New CEO Patrick van Maris Artnet.
  35. Alex Marshall (28 June 2022), Thieves Hit TEFAF Art Fair in Daylight Heist  New York Times .
  36. Anny Shaw (28 June 2022), Tefaf Maastricht fair evacuated after attempted armed robbery The Art Newspaper .
  37. "Police looking for at least five suspects for Tefaf art fair robbery". NL Times. 5 July 2022. Retrieved 23 July 2022.
  38. Anna Brady (11 March 2020), In unprecedented move, Tefaf Maastricht shuts early due to coronavirus The Art Newspaper .
  39. TEFAF New York Spring – TEFAF
  40. "TEFAF Maastricht Postponed to June 2022". CODART. 19 January 2022. Retrieved 11 June 2022.

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