 |
Lovers of
Fine Art and Antiques will agree that a classical work of art can
soar the spirit with its splendour, tantalise the eye with its energy
and pervade the senses with historical images. To have unlimited
access to exceptional works that are exquisite in form, defies description.
Furniture that has been brought to life in the grand and noble image
of its period, through the enduring vision of artists, willing to
embrace other dimensions in order to create masterpieces of lasting
beauty, is clearly understood by both the collector and the distributor
of fine art.
Art Dealers,
who are short term custodians of such splendid works, consider themselves
privileged during their limited tenure. Professional custodians,
'French & Company', situated discreetly at 17 East 65th, street
in New York, are, arguably, the oldest firm of 'Fine Art and Antique
Furniture' dealers in America. In the centre of busy up-town Manhattan,
around the corner from Madison Avenue, the premises of French &
Company blend serenely with the surrounding architecture, displaying
no outward sign of their unexpected and precious contents. There
is no need for exterior introductions nor invitations to frequent
this art nucleus with its fine examples of period paintings and
remarkable furniture, since collectors, who are in the market to
purchase such unique works, are already intimately acquainted with
its location.
The major collection,
at the gallery, consists of 18th century French and English furniture
and European paintings which include the French and Dutch masters.
The quality of such works and their universal appeal has established
French and Company as the leading contributor of outstanding furniture
and art to the major museums in America.
The man behind
the company today, is Martin J. Zimet, its President and owner,
who bought 'French & Co.' in 1968 and now runs it in conjunction
with his son, Henry, a Fine Arts graduate from the University of
Pennsylvania, who joined him in the business in 1982. Martin Zimet,
a 'self-made' man, who exhibits a warm and friendly personality
and is graced with the ability to combine his skill in high finance
with uncanny judgment in acquiring the most outstanding pieces from
around the world, explains his introduction to an extraordinary
profession, "I started my commercial career as a merchant banker
on the insistence of my father who probably could not see any great
merit in the art business. However, I bought into a small oil company
as an investment which eventually grew large enough to sell and
take a profit. After that it was just a matter of waiting for the
right opening to come along".
His opportunity
to purchase 'French and Company' came about rather by chance. "I
was asked by my lawyers to appraise the assets of French & Company
to accommodate 'City Investing', which owned many companies and
had decided to diversify some of its holdings. After spending almost
three months with the company, I presented an amount which I considered
to be its market value and was asked in a rather casual fashion
if I would pay that figure, myself. The rest is history".
Mr. Zimet became
the proud owner of an art company dealing in select European pieces
and embarked on an incredible venture into the competitive and exclusive
domain of rare and unusual artifacts, highly prized on the international
market. It was originally owned by the Messieurs Samuels & Mr.
French, who trace their roots back to 1810. Around 1905, the name
was changed to simply, French & Co.
The risk factor
involved in making purchases that require enormous financial backing
has never concerned Mr. Zimet nor has the changing state of the
economy because he believes, "there is perpetually a market
for very good art and that is why we deal only in the very best.
There has always been a market for the top of the range and there
always will be. Masterpieces have never been cheap. It is an accepted
premise that a painting or fine art object is a safe investment
and readily transferable for cash".
His aggressive
buying manner has developed from a strong foundation established
in his earlier banking career where he secured a complete understanding
of the principles of economics. This knowledge proved invaluable
in the multi-million dollar art business where decisions often have
to be made in a split second. Mr. Zimet is adamant in his view,
"that today, you have to be a banker to be an art dealer. You
have to realise that when you sell a piece to a museum which may
involve several million dollars, it may be two or even three years
before you are fully paid and you must have the confidence to accept
this or you will not keep your position very long in this industry".
The enormous
spiralling cost of art, today, is due to a number of quite obvious
and understandable factors which Mr. Zimet illustrates by contrasting
his own childhood memories of empty art museums with the current
attitude of a more exposed, educated society, whose demands for
'old' art, already in short supply, has rendered it a very vital
and expensive commodity. "There is no doubt that people's perception
of art has changed. Most people realise that the dollar no loner
has the stability it used to have and we now need something that
trades internationally and won't diminish in value. Art provides
that function".
French &
Co. deal only in works of primary quality with little or no interest
in second best, thus providing a consistent standard of excellence
sought by both the museums and private collectors. This decision
has set them apart from other art dealers around the world. Martin
Zimet explains that the basis of his selection process always remains
the same irrespective of the objects origin and procurement, from
either a private collection where it has rested, unseen, for decades,
or at public auction. "We are most particular about the paramount
importance of beauty and drama in each piece. It must be pleasant
on the eye and representative of the best work of the artist's oeuvre.
Equally important is the condition of the art and finally its provenance
and proof of identity".
Such selectivity
produces tempting art of the rarest kind, the highest possible order
and the most prized on the international market and has the extraordinary
distinction of being virtually unavailable anywhere else in the
world.
This is clearly
substantiated and immediately visible by a stroll through the gallery
in New York. To visit the premises of French & Co. is tantamount
to an experience in time travel, back to the Courts of Louis XV
and the delicate frivolity of the Rococo. It is quite apparent from
the sumptuous, yet dainty and intricately beautiful furniture and
superior quality of paintings that Mr. Zimet would have little or
no interest in inferior examples. "I am a dealer who thinks
commercially but I would never buy a piece that I did not like".
It is evident from the stunning examples on display, that Mr. Zimet
has remarkable sensitivity and expertise in selecting the very finest
art, commercially available today.
The interior
of the Gallery twists and turns like the curves and niches of a
labyrinth, hiding individual pieces from each other in vault-like
seclusions, startling the visitor with their sheer magnificence.
there is an overwhelming awareness of the passage of time and historical
recollections that each piece represents in this small collection
that takes one's breath away. A "Gericault' shares its space
with an "Oudrey' and 'Hobbema' as they gaze down on what can
only be described as the most outstanding example of 18th century
commodes ever gathered together.
Mr. Zimet surveys
his collection with the eye of a man who passionately enjoys the
companionship of great beauty and explains the metamorphosis that
has taken place in the company since 1968, "when we first started
we dealt with decorators for a few years until we had decided on
the direction that we wanted to take. After careful consideration,
we severed all ties commercially and concentrated on dealing with
paintings and furniture primarily from the 18th.c. This has proved
to be highly successful and over the years we have built a very
solid, credible business not only with the museums but also with
individual clients from all over the world".
Mr. Zimet makes
an interesting observation about the type of buyer most likely to
be interested in the style of furniture and painting he deals in.
"Most of our private buyers are men. They tend to be very strong
personalities, emotionally and financially. They are leaders in
their field of banking, real estate, and other professions and are
predisposed to live in baronial style. Their taste inclines more
towards regal pieces, be it furniture or paintings. They do not
buy modern art". The taste of such clients would be satisfied
with any or all of French and Company's present collection, which
includes several Commodes of Louis XV period, by such fine obenisle's,
as Langlois, Van RisenBurgh and Cressent and a beautiful English
commode by Thomas Chippendale.
Martin Zimet
singles out the commode by Langlois, "as one of our most important
pieces. It is very rare and the last one of six identical constructions".
Pierre Langlois made cabinets of singular beauty, using Ormolu mounts,
which were expressly intended to make them harmonise with other
pieces of furniture in the salons. Ormolu, is an extremely complex
method of bronze gilding, using mercury, which requires the services
of master craftsmen. It was perfected in France in the 18th.c. and
widely copied throughout Europe.
To understand
the curvilinear, dainty, small furnishings of the early 18thC.,
one must take into account factors of change that were significant
at the end of the Baroque (17th C.) period. The succession to the
throne of France in 1715 by a small boy, the return to Paris of
the French Court, the relaxation of strict rules of etiquette formerly
practiced at Versailles under Louis XIV, the Sun King, and the impact
of Far Eastern design and oriental woods on the European market.
Straight lines and flat surfaces were replaced with the Rococo love
of curves and the demand for elaborate wood marquetry overlaid with
delicate, ormolu mounts.
Martin Zimet
explains the absolute uniqueness of such furniture, reinforcing
the view that commodes produced during the period of Louis XV have
never been surpassed in their richness of design, exactness of cabinet
making and quality of mounts. "When our commodes are gone,
we do not replace a commode with a commode, naturally, since there
are rarely any to be found. We will buy a painting, or something
else, instead".
Mr. Zimet waves
his hand expansively around the room towards a magnificent, Louis
XV, Black Lacquer Commode, circa 1740, by the master ebeniste, Bernard
Van RisenBurgh. According to Mr. Zimet, "This particular piece
is one of only three in the world and was commissioned by Louis
XV for his mistress, Madame de Pompadour. Today it has a market
value of 5.5 million dollars. It is interesting to note that the
other two similar pieces are in Buckingham Palace and the Quirinale
Palace in Rome, respectively".
The strong and distinctive style of such grand furniture has widespread
appeal and attracts international customers from around the globe
to the New York gallery. Mr. Zimet explains why his company seems
to be more favoured than others with opportunities to handle such
extraordinary pieces, "Well, first of all you have to keep
in touch with everything, you visit the owners and the chateaux
of those who have articles that they are considering to part with
and sooner or later they will come to us with an important piece
for sale. They come to us rather than other dealers because they
know that we will pay the top price and word is around that we pay
on the spot. An ardent collector knows where all the pieces are
too, they are dealers in their own right and to some degree they
are our competition. But we are not concerned because we have a
very solid business and interesting clients from all over the world".
Givenchy, the
French couturier is a close friend of Mr. Zimet and a serious collector
of antiques. He frequently travels from Paris to New York and visits
the gallery of French & Co., confirming the widely held view
that the most important available 18th century French furniture
is not necessarily in France. Martin Zimet relates the good and
friendly relationship that he had with both the Shah of Iran and
his wife, Farah Dibah, who were both so interested in art and encouraged
their museums to purchase fine pieces from overseas. He talks with
admiration of the French actor, Alain Delon, who is a very sophisticated
and knowledgeable art historian and has a wonderful collection of
old masters.
Mr. Zimet, with
more than just a hint of humour, tells the story of the desk, of
Lord Balfour, at which the 'Balfour Declaration', proclaiming Israel
a State, was signed. "The Queen of Jordan visited the Gallery
and took a particular liking to this desk and wanted to purchase
it. I thought it was only good manners to present her with something
of its history, particularly the important part played by Lord Balfour.
On hearing which, she declared, "I hate it, I hate it".
Mr. Zimet and his son, Henry, both agree that their business brings
them into contact with some quite extraordinary people which creates
all sorts of interesting situations. Mr. Zimet tells another story
about the wife of the Emirite of Kuwait, who was very taken with
six chairs in matched pairs. Beautiful pieces, of which there were
only eight in the world. She said with extreme casualness and a
wave of her hand, "I would like all six and make me forty four
more".
The company
rarely requires the services of a restorer, as most of the pieces
they buy are in mint condition. Mr. Zimet points out that, "After
all, they are the very best and wherever they have been, they have
been well looked after. Once a year, a man comes in and checks such
things as the gilt on the chairs and if one has been chipped, he
will fix that up, but that is all".
Martin Zimet
advocates the marriage of fine furniture and old masters as the
appropriate combination of grandeur and beauty. The New York gallery
displays an excellent combination of both, with their most expensive
item, a painting by the 19th C. French, Romantic artist, Theodore
Gericault, priced at 15 million dollars. Henry Zimet believes that
the 'Gericault' is the most important piece they have ever acquired.
He explains, "that this painting is one of the artists few
portraits and is extremely rare. Gericaults' career lasted a mere
eleven years. It is beautiful and has an elegance and refinement
that elevates it to a level of true excellence".
The 'Gericault'
is in excellent company with an absolutely marvellous example of
the French, 18th C. artist, Jean Oudrey, nearby. His painting of
'A Dog Barking at a Heron', executed in 1722, demonstrates his wonderful
alacrity and understanding of animals and nature.
The range of
works, exhibited at the premises of French and Company, are quite
extraordinary and rival those in the permanent collections of many
museums around the world. A painting by Meindert Hobbema, the last
of the great 17th C. Dutch landscape artists adds a wonderful contrast
in both subject and execution. Such fine paintings and magnificent
examples of antique furniture must rank French and Company as major
leaders in their field. In the future, Mr. Zimet and his son, Henry,
would be very happy to deal with more of the same calibre of highly
exciting, rare and beautiful works of art.
However, Martin
Zimet foresees certain changes, suggesting "that art of quality
will become even more expensive as access to it decreases and consequently
fewer items are available, in any line. Perhaps one day it will
become a case of dealing with only a single object at a time".
Mr. Zimet concedes that even the clientele in the future could change,
and may include the Hollywood stars, who at present are more interested
in modern art. Once circumstance, he declares, will never change,
and that is his absolute enjoyment of Fine Art and the very great
pleasure he derives from his rewarding occupation. He acknowledges
that it is only with time that a company such as theirs can establish
worldwide recognition and acclaim.
Martin Zimet
and his son, Henry, have developed an excellent working relationship
and have already established a reputation, both in America and on
the international market, as Fine Art and Antique Dealers of distinction.
Their expectations for the future are based on their successes in
the past, projecting a view of strength and progress for French
and Company
|
|