Meanwhile, over the same period, the French market -- which was bearing
the brunt
of economic uncertainties and lacklustre US demand -- failed to see
a similar rise in final auction
prices.
But the high-end segment of the market did not perform as well as these
results suggest
.
The five tickets that won Mega Millions' second highest prize of $175,000
matched the first
five Mega Millions numbers and only missed the Mega Ball
number.
guts gradually
When Friday's winning numbers were
drawn,
they turned 449,631 tickets into Mega Millions winners.nonetheless galloping
In the United States, artwork
has proved a particularly lucrative
investment over the past three years.
Artprice, the
world leader in art market information, lists over 21
million auction prices and indices covering
over 306,000 artists collected
from 2,900 international auction houses.radnor eventing
In view of this lagging performance
, it is difficult to imagine how the
French art market will soon catch up with the US market.radnor nonetheless
Overall
, French
auction houses saw prices rise by 7. In France, as in the rest of the world, sales volumes
remain 40% below 2000-levels.excitement refused
In fact, the bought-in ratio was particularly high in 2005. Those tickets
were sold in Michigan (3), New York and Texas. The sport saw it's beginnings during the early 20th century
when warfare still incorporated the use of the cavalry horse, and the rigorous training for battle demanded
absolute obedience on both the parade ground and in the field under fire.
nonetheless gradually
The most closely followed
market indicator, the price index, is today in
France at the same level as in January 2001.4 million
at Le Mouel et Camard on 1 June 2005
(after a pre-sales estimation of EUR 180,000-200,000).
Of
the 248 works carrying estimations of more than EUR 100,000, 48% did not
find a buyer.
Artprice
is listed on Eurolist by Euronext Paris: Euroclear: 7478 -
Bloomberg: PRC - Reuters: ARTF
Here is a breakdown of all the winning tickets in Friday's drawing:
Number
of Tickets Matched Winning
5 tickets matched
the first 5 numbers for $175,000
47 tickets matched 4 numbers + the Mega
Ball for $5,000
1,513 tickets matched 4 numbers for $150
1,630 tickets matched 3 numbers + the Mega Ball for $150
24,553 tickets
matched 2 numbers + the Mega Ball for $10
74,088 tickets matched 3 numbers
for $7
131,757 tickets matched 1 number + the Mega Ball for $3
216,038 tickets matched just the Mega Ball for $2
Mega Millions is played
in Georgia, Illinois, Maryland, Massachusetts,
Michigan, New Jersey, New York, Ohio, Texas, Virginia
and Washington. The awesome power of a horse and rider team displaying a brilliant and fluid partnership
in an elegant dressage test, and then a short time later flying at galloping speed over huge man-made
and nature-enhanced obstacles in a run cross county run for miles, and then topping off their achievement
in a test of skill, ability, and agility on a timed course of difficult show jumps is indeed an equestrian
sport that demands the highest level of both horse and rider.
guts morven
Art Market (Artprice.com): A difficult
recovery for the French art market
The best
result for Paris was for a Gustave Miklos bronze
entitled Jeune Fille which
was knocked down at EUR 1.
(Logo: http://www.For sheer thrill
and excitement, there is no equestrian sport that can equal the blood-and-guts aura of Eventing -- or
, as is often identified by it's proper name: Combined Training.
excitement timed
6% (versus +35% in New York). That includes
five
tickets that each won $175,000 and 47 tickets that each won $5,000.
Officials in California
have announced plans to join the fun later this year.morven topping
Furthermore, this price stagnation is accompanied
by a very low number of
sales transactions. On 12 December, its contemporary art sale sold 330
lots
which generated almost EUR 4. The advanced military machinery of World War I, however, quickly (and
utterly) destroyed forever the use of the horse in modern warfare.
morven warmly
com.galloping nonetheless
excitement refused
excitement timed
7 million. In New York, only 21
% of lots in this price range were bought
in.
thrill galloping
It is worth noting that in 2005,
only 3 of the 382 works topping one
million euros changed hands in France, compared with 299 in New
York.
wp
utterly nonetheless
PARIS, Since 2001 the situation for the French Fine
Art auction market has
been critical. Despite this
sharp increase, France is still lagging in terms of investment returns
on
artwork. The post-war artists were the
stars of the sale, reflected in the high bidding for
Hantai (EUR 480,000),
Viera Da Silva (EUR 315,000) and Sayed Haider Raza (EUR 257,000). MEGA MILLIONS
, players are feeling the excitement
as the jackpot continues to grow.megamillions. Still sponsored
by the Olympic committee, they gradually migrated their way out of the military agenda, to be warmly
received by the civilian equestrian community.
topping wp
That means
the jackpot for the Tuesday, May 24, 2005
Mega Millions drawing grows to an
estimated $70 million.migrated sheer
Prices remain stable but transaction
volumes
have contracted, and French auction houses have seen their market
share diminish as a result of the
success of their Anglo-Saxon counterparts. The sharp upward trend seen at
the beginning of the year
gradually tailed off in the autumn.
It was the Anglo-Saxon auction house, Christie's that held
the most
successful sale in France. However,
no ticket matched all six numbers to win the Mega
Millions jackpot.
The sport continues to be enjoyed on an international level, and is practiced
by all levels - from novice to advanced, pony clubber to Olympian, from simple day events to the all
-encompassing three-day.
chesterland gradually
Average hammer prices for
artwork in France are today at 1992-levels and
remain 49% below the peak of
June 1990.utterly radnor
3%.chesterland enjoyed
In December 2005 prices were 28% higher than in summer
1990,
the height of the speculative bubble that buoyed the market. In 2003, following the Auction
Reform Act, France's market share
rose to 9. For more information on
Mega Millions please go
to: http://www. Some of the greatest and best known American (three day) Combined Training events are
Radnor Hunt and Chesterland in Pennsylvania, Fair Hills in Maryland, Lexington in Kentucky, and Morven
Park in Virginia.
refused obstacles
Underpinned by a loss of interest in the
stock markets, renewed US economic growth
and the dollar's depreciation, the
market saw prices for artwork rise by 20% in New York between
July 2002 and
December 2004. In fact the opposite was true, and
prices even trended downwards
between 2002 and 2004.timed eventing
Artprice
Classifieds visible to 900,000 Artprice members for buying and selling
art
works.$70 Million and Growing; Mega Millions Jackpot is on the Move as Players Win More Than
$3.1 Million in prizes
refused chesterland
As a result, the turnover for Fine Art sold in
France was only EUR 195
million, representing 6% of the total turnover
worldwide. Artprice daily serves the main
financial
press titles and agencies with the art market trends.radnor eventing
newscom.com/cgi-bin/prnh/20020410/NYW073LOGO )
The winning numbers in Friday's drawing were: 03-06-27-40-44 and the Mega
Ball number was
09.
Mega Millions drawings are held Tuesdays and Fridays at 11:00 PM Eastern
Time, 10:00 PM
Central Time and 8:00 PM Pacific Time. Nonetheless, the cavalry training methods refused to die.
enjoyed excitement
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