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News and comments and events relating to Granada, 'the city where anything is possible, Granada, 'la bella y la bestia, and Federico Garcia Lorca's complicated love-hate relationship with the city, etc

HOW MUCH IS LORCA WORTH TODAY?

The Lorca CentrePosted by Simon Wed, January 24, 2018 17:53:37

As a poet-playwright, Lorca started making serious money when his plays, particularly Blood Wedding, got put on in Buenos Aires in the mid-1930s. In the years of the Second Republic he was doing alright. But the money he was worth during his lifetime pales into insignificance when we consider how much his works are worth today.

Of course, one would have to say that it’s impossible to put a price on the literary legacy that Lorca left us. In 2007 Christie's auction house actually had a go, estimating its value at between 11 and 17.5 million euros, but that was ten years ago. The consortium responsible for financing the Centre more recently used a figure of 18.7 million as an estimation to set up as a security for a one-million-euro debt. Otherwise it has been common to talk about 20 million euros or more.

Unfortunately, the private agreement between the Lorca Foundation and La Caixa (see post#76, 20 January 2018) failed to put a figure on the estimated value of the legacy, which is a pity because, even if we agree the collection is priceless, an erroneous valuation could have negative financial and even culture-political consequences.

For it is not only the legacy, but the value of the legacy, that attracts tourists to Granada. A legacy valued at 11 million euros will not have the same pull as one worth 20 million.

Lorca y Lola Membrives después del estreno de "Bodas de sangre" en 1933, en Buenos Aires. Marilyne Gourel de St Pern https://www.pinterest.es/pin/347199452493873465/

Acknowledgement: Facts and figures from G. Cappa’s article in Granada Hoy, 17 January 2018 El emblema de La Caixa respaldará el Centro Lorca durante una década http://www.granadahoy.com/granada/emblema-Caixa-respaldara-Centro-Lorca_0_1210079196.html



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