Meissen artworks as investments
Artworks from the MEISSEN® Manufactory have for years been notching up prices at the top end of the scale at European auctions. Studies have shown that, over a 20-year period, MEISSEN® Artworks appreciated in value to a greater extent than investments in gold, shares or property.
In the wake of the financial crisis, our one-offs and limited annual editions are now particularly in demand with customers the world over. As well as banking on their value rising, people also purchase our artworks to experience and love them, of course.
We will be glad to advise you exhaustively on numbers available and the specific artistic properties of a given limited-edition piece, knowing full well that such criteria play a crucial role in determining its worth and hence also its scope for increasing in value.
Top prices achieved by MEISSEN® artworks at auctions:
- In 2002, the Getty Museum paid the equivalent of EUR 1.3 million at Christie’s for a Tom Turkey by Kaendler.
- MEISSEN® record in June 2005, when a lifesize Pair of Herons crafted by the superbly gifted Chief Modeller J. J. Kaendler to an order placed by Augustus the Strong in around 1730 were sold at Christie’s in Paris for EUR 5.6 million.
- In December 2006, a private European collector bid GBP 2.8 million (EUR 4.2 million) at the same auction house for a Lion and Lioness which had shortly before been returned to the former Saxon ruling house and which, like the “large-format animals” above, were modelled for the Japanese Palace in Dresden by Kaendler’s predecessor J. G. Kirchner.
- The highest bid ever for a porcelain figurine of some EUR 650,000 was made at Christie's in December 2007 for the “Greeting Harlequin” from Kaendler's MEISSEN® Commedia dell'Arte series of figurines.
- Another figurine from the same series, “Mezzetino Dancing”, netted EUR 110,000 the same year at Ahlden Castle.
- Kaendler’s “Heart Box Purchase” figure group went for EUR 86,000 at Lempertz in May 2008.
- The Meissen collection of the physician Roy L. Byrnes was auctioned at Christie’s in London in May 2010. Just 14 of 155 lots failed to sell. The top item was a blue-and-white chinoiserie baluster vase with an Augustus Rex mark that went for GBP 121,500, twice the estimated price. A bottle stand from the Swan Service with an estimated value of GBP 15,000 sold for GBP 66,050, and the handled serving dish, bought for GBP 19,100 in 2002 and valued at between GPB 15,000-25,000, actually made GBP 55,250. Further information on this at: http://www.handelsblatt.com/finanzen/kunstmarkt-auktionen/porzellan-gute...