Souren Melikian Is Not Impressed
Art + Auction’s Critic Doesn’t Think Much of the Record-Setting Art Buyers Snapped Up in June Souren Melikian is a smart man with a very good eye. But his approach to the art market can be so Olympian as to beg the question. High prices are adduced as signs of a buyer’s taste and discernment when he approves of a work, but a sign of cynical marketing or collector ignorance when he does not. In thi
That Was the Two Weeks That Was
Making Sense of the New York Auctions San Francisco Chronicle “People were ready for the worst, but the worst didn’t happen,” said Muller, who opened his gallery in 1979 and specializes in modern and contemporary works and the Russian avant-garde. “The works that sold either went at or below the low estimate.” [ . . . ] “Everybody is concerned about what is happening,” said Rena Bransten, who open
Let Saatchi Make You an Art Star
BBC Announces Art Reality Show Here’s an idea whose time may have already come and gone. Copying the success of shows that seek the next hot designer or chef, the Times of London reports that Charles Saatchi would be the host of a new show looking for the next young art star: Saatchi, who famously spotted and promoted young British artists such as Damien Hirst and Tracey Emin in the 1990s, is to p
Leveraged Art
The Financial Times’s Ian Driscoll studies art loans with Citi Wealth Management’s Suzanne Gyorgy, head of the division: Ms Gyorgy says Citi clients who collateralise art fall into three broad categories. First are seasoned collectors who use loans in conjunction with their collecting activities. Second are private equity and hedge fund managers seeking a liquidity source to fund other investments
Mediocre Artists
Tuesday night, as the snow fell on New York City, Chuck Close defended the art market in debate over whether the art market is less ethical than the stock market. The resolution queered the discussion a little because the main issues in the art market–whether it is valid and sustainable market, on one hand; or whether the market value of art can ever measure it’s aesthetic or “real” value, on the
The Endless Riddle: What is the Value of Art?
The Independent‘s Emma Love outlines an experiment to take place at August Gallery next month that attempts, yet again, to explore the mystery of art and its value. It is part of this year’s East Festival of culture in London, and anyone can show work in the exhibition from 5 to 12 March (artists won’t have to go through the usual gallery validation process) and then choose whether to take part in
Brant Opening
Linda Yablonsky captures the scene at the opening of Peter Brant’s private musuem–the Brant Art Study Center in Greenwich, CT–a few weeks ago: Brant is a polo player as well as a publisher, newsprint magnate, and the latest megacollector to build his own museum. It’s basically the Versailles of polo fields; the surrounding area includes pastures (in one of which Jeff Koons’s flowering Puppy sits a
Only the Good Buy Young
Here’s a story we’ve seen several variations on–the committed collectors v. flipping speculators–finally get a new twist. Beyond the hoary art-world chestnut where everyone is a connoisseur who buys for love, the Financial Times finds a group of young buyers who are pooling their resources to own works in common, it’s called The Collective (get it?): “The recession has witnessed a withdrawal of th
Jerry Saltz v. MoMA on Facebook
[intro]The article below is from Jerry Saltz’s Facebook page. Saltz is limted by Facebook to the number of friends he’s allowed to have. So there are many people who would probably like to read his account of his meeting with Ann Temkin to discuss women artists and how they are represented at MoMA:[/intro] Last week I met with MoMA’s Chief Curator of Painting and Sculpture, Ann Temkin. We talked a
Is This What Supports the Contemporary Art Market?
Despite the carnage seen in the Contemporary Art market, the last year has not been nearly as bad as many predicted. There remains a market for Contemporary art that just didn’t exist in the 1990s. Britain’s Guardian offers a clue as to why in a story questioning the value of Birmingham’s opening its own museum of Contemporary. Here’s Matt Price on the subject of Contemporary Art’s unexpected draw
Internet is Changing Art
The Telegraph promotes the idea of a new kind of art collector in a series of stories from last Friday’s paper (part of a paid promotional section.) Their idea is that something has changed in the art world with a broader range of buyer interested in acquiring works at the lower end of the price spectrum. As evidence they offer artists like Banksy whose works were originally sold as cheap prints a
Did the Speculators Save the Market?
With apologies for reviving a pet peeve, the art world meme of blaming the bubble on ignorant speculators who have now left the market surfaced again last week in this Marketplace interview with art dealer Richard Polsky. The speculators meme states that greedy art flippers drive prices too high. How they calculate “too high” is never made clear. Three or four years it was like everyone into the p
The Authority of the New Museum
The New York Times explores the fight over the New Museum’s decision to allow Dakis Joannou to show parts of his collection at the museum. The valid complaint is that the museum is valorizing Joannou’s work when it ought to be a disinterested arbiter of art historical merit. But the Times doesn’t leave it at the tut-tutting of the art vigilantes. Instead, the reporters give a fair amount of equal
How to Make Your Art an Investment
Once again, the Business Standard‘s excellent Kishore Singh gives art buying and investing advice to Indian collectors. But his wise words would be valuable for anyone in any art market. First, Singh cautions strongly against viewing art as an investment. The same buyers don’t expect their other luxury consumables to rise in value, so why should the art? There is something not just naïve but pueri
Armory Show Announces Exhibitors
With 267 galleries from 31 countries, the Armory Show is getting even bigger. There’s a focus on Berlin and a group of new galleries including: Lisa Cooley Fine Art, Eleven Rivington, Laurel Gitlen (Small A Projects), Simon Preston Gallery, Rental and Rachel Uffner Gallery. ARMORY FOCUS:BERLIN Galerie Guido W. Baudach; Buchmann Galerie; carlier|gebauer – Berlin; COMA; Galerie Crone; Cinzia Friedla
Why I Am Leaving Gagosian
Kenny Schachter is a prominent collector and dealer. But he brilliantly sees the satire lying right below the surface of Greg Smith’s resignation letter—published in the New York Times—from Goldman Sachs. TODAY is my last day at Gagosian Gallery. After almost 12 years at the gallery — first as a summer intern in Los Angeles, then in New York for 10 years, and now in London — I believe I have worke
ArtPrice’s Top 50 Contemporary Artists 2013
ArtPrice has released it’s annual Contemporary art report showing a dramatic rise in the first half of 2013 for auction sales of Contemporary art. That’s overall sales volume. Other charts in their report show the price levels to be below the 2008 peak which suggests a market with more transactions. In other words, a broadening market rather than just one increasing in price. Below is their list o
リリース、障害情報などのサービスのお知らせ
最新の人気エントリーの配信
j次のブックマーク
k前のブックマーク
lあとで読む
eコメント一覧を開く
oページを開く
A Visit to Jeff Koons's Studio
Pop Life Makes the News
The Real Debate About the Art Market