Estefania : Dealing
in Temperaments
A determined and ambitious
entrepreneur, Paul Durand- Ruel became a pioneer on the international art
market, establishing a series of galleries in Paris, London, Brussels and New
York and organizing numerous international exhibitions. Completely motivated by
the talent of the artists he promoted and confident in his role as the defender
of their art, Paul Durand-Ruel was able to secure a legacy for the
Impressionists. Even though it took him 30 years, Durand-Ruel held
Impressionism’s place in history through continuous promotion across Europe and
the United States and ensured its success.
In
the early 1870s, Durand-Ruel discovered a group of young, not so known artists
(later known as the Impressionists) and began to promote their work with
absolute faith. Over several decades, thirty to be exact, Durand-Ruel worked
tirelessly to build an audience for their innovative and eye-opening style of
painting and to create a modern art market. His strategies included acquiring
in depth the work of the artists he favored, gaining exclusivity by offering
stipends in return for first rights to artists’ most recent work, hosting
single-artist exhibitions, and establishing branches in London, Brussels, and
New York, which drew him into contact with influential collectors around the
world. Durand’s parent had their own art gallery, and so, Durand-Ruel inherited
all their painting. He knew what he believed in and made it his priority to
become extremely focused. Durand-Ruel focused on three important selling
techniques: free access to his galleries and to his apartment, to promote the
artists’ work via the press, and to associate the art world with the finance
world. He made it known that art and money work together. His financial
strategies have been widely recognized as effectively initiating norms of
dealer operations still familiar today
Between 1891 and
1922, Paul Durand-Ruel purchased close to 12,000 works of art, including more
than 1,000 Monets, approximately 1,500 Renoirs, more than 400 by Degas, about
800 Pissarros, close to 200 Manets and close to 400 Mary Cassatts. Durand-
Ruel focused on the role of journalism and historical expertise in securing the
cultural and investment value of artworks. When Paul Durand-Ruel was 89 years old he said that: «At last the Impressionist masters triumphed just as the
generation of 1830 had. My madness had been wisdom. To think that, had I passed
away at sixty, I would have died debt-ridden and bankrupt, surrounded by a
wealth of underrated treasures…» He believed in his artists and the power of
making the impressionists not only known, but also unforgettable.
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Works Cited:
Johnson,
Ken. "Paul Durand-Ruel, the Paris Dealer Who Put Impressionism on the
Map." The New York Times. The New York Times, 23 July 2015. Web. 26
Oct. 2015.
"Paul
Durand-Ruel." Durand-Ruel Et Cie. N.p., 24 June 2014. Web. 26 Oct.
2015.
Lewis,
Mary Tompkins. Critical Readings in Impressionism and Post-Impressionism: An
Anthology. Berkeley: U of California, 2007. Print.
"'Discovering
the Impressionists: Paul Durand-Ruel and the New Painting' Review." WSJ.
N.p., n.d. Web. 26 Oct. 2015.


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