Banksy donated a triptych to a Sotheby’s auction to raise funds for a Bethlehem hospital
Banksy donated a triptych to a Sotheby’s auction to raise funds for a Bethlehem hospital
The elusive artist Banksy has donated a triptych to Sotheby’s “Rembrandt to Richter” auction, set to take place tomorrow evening in London, with proceeds going toward raising money for a hospital in Bethlehem.
Artsy
Collector’s Eye: They Built a World-Class Collection of Black Artists’ Work. Who Are They Acquiring Now?
Collector’s Eye: They Built a World-Class Collection of Black Artists’ Work. Who Are They Acquiring Now?
Denise and Gary Gardner, who built one of the preeminent collections of Black artists, are adding works by Lorna Simpson, Bethany Collins and Candida Alvarez.
Wall Street Journal
Dirk & Leo with ‘Me, Myself & I’
Dirk & Leo with ‘Me, Myself & I’
In times of lockdown, contact restrictions and border closings, collectors Leo Kuelbs (NYC / Berlin) and Dirk Lehr (Berlin) decided to dedicate a 3D online exhibition to the topic of loneliness, isolation and social distancing. Under the title “Me, Myself and I” works by Kim Dreyer, Rowena Dring, Andreas Gefeller, Jan Holthoff, Birgit Jensen, Maria Naidyonova, Sean Smuda, Iva Vachlev, Tamas Veszi and Christopher Winter are shown.
Independent Collectors
In a Big Win for Yves Bouvier, a Monaco Judge Throws Out Dmitry Rybolovlev’s Charges Against the Swiss Art Dealer
In a Big Win for Yves Bouvier, a Monaco Judge Throws Out Dmitry Rybolovlev’s Charges Against the Swiss Art Dealer
The decision effectively ends the case against Bouvier in Monaco.
Artnet
Untitled, Art fair tests alternative model; livestream auctions hit the spot; David Zwirner represents Muñoz estate; ‘Complex and developing’ situation engulfs Hong Kong art
Untitled, Art fair tests alternative model; livestream auctions hit the spot; David Zwirner represents Muñoz estate; ‘Complex and developing’ situation engulfs Hong Kong art
Now that digital art fairs seem to be a longer-term prospect than expected, some organisers have begun to reassess their exhibitor fee structure. So far, fairs have mostly replaced their physical events with an online version, generally at no cost.
Financial Times
An Art-Dealing Dynasty Heir Sues Phillips Auction House for Reneging on a Deal After the Artist’s Market Took a Tumble
An Art-Dealing Dynasty Heir Sues Phillips Auction House for Reneging on a Deal After the Artist’s Market Took a Tumble
Art dealer Joe Nahmad is suing Phillips after the auction house pulled out of a $5 million guarantee deal for a work by Rudolf Stingel.
Artnet
Art Now, Art Forever: Damon Zucconi
Art Now, Art Forever: Damon Zucconi
The art of forever is technological. It is an avant-garde medium, pushing the boundaries of both conceptual and visual art. The medium is made, if not engineered, to be accessed from a digital repository.
Independent Collectors
The Gun-Toting, Palace-Dwelling Couple Who Confronted Protesters Are Major Art Collectors. In Fact, They Fancy Themselves the New Medici
The Gun-Toting, Palace-Dwelling Couple Who Confronted Protesters Are Major Art Collectors. In Fact, They Fancy Themselves the New Medici
Mark and Patricia McCloskey live in a Renaissance-style palazzo with artworks by Anthony van Dyck and Paul-Joseph Jamin.
Artnet
The Differences between Prints, Multiples, and Editions
The Differences between Prints, Multiples, and Editions
In the past few years, the market for prints, editions, and multiples has seen a dramatic uptick. Thanks in part to the popularity of artists who have made these types of replicated works major parts of their practices—like Banksy and KAWS—along with an accompanying surge of younger collectors whose tastes and budgets align with these media, dealers and auction houses have seen a growing appreciation for a category that long played second fiddle to painting and sculpture.
Artsy
“Everything Is Going To Be Ok”, Allan McCollum offers comfort and consolation at Galerie Thomas Schulte in Berlin
“Everything Is Going To Be Ok”, Allan McCollum offers comfort and consolation at Galerie Thomas Schulte in Berlin
Allan McCollum’s “Everything Is Going To be Ok”, currently on view at Berlin’s Galerie Thomas Schulte, shares the artist’s conceptual project, derived from his collection of screenshots begun in 2015 as a visual essay about the meaning of closeness and comfort in our society.
Artland Magazine
Three Factors to Guide Long-Term Planning for Your Art Collection
Three Factors to Guide Long-Term Planning for Your Art Collection
Art collecting is a passion sport pursued by many, and at many different price points. A nagging concern for some collectors is what to do with a collection ardently assembled over time, if or when their circumstances change. It’s a complicated question without a one-size-fits-all answer.
Artsy
Sotheby's reopens doors with auction of a Stanley Spencer wartime gem
Sotheby's reopens doors with auction of a Stanley Spencer wartime gem
The 1940 painting, Cottage Garden, Leonard Stanley, is expected to fetch more than £300,000 when it goes on sale in July.
Guardian
Cauleen Smith On How Art Facilitates Protest And Introspection
Cauleen Smith On How Art Facilitates Protest And Introspection
Cauleen Smith’s 1998 debut feature film Drylongso highlights societal threats toward Black men. Since its release, Smith has regularly explored topics such as African American identity and Black feminism in experimental films and multimedia art installations.
Art News
Phillips Brings Escapism to the Market in New Fashion Photography Collection of Dealer Peter Fetterman
Phillips Brings Escapism to the Market in New Fashion Photography Collection of Dealer Peter Fetterman
Phillips is auctioning a group of 64 works by fashion photographers from the collection of veteran dealer Peter Fetterman in a dedicated auction titled Tailor-made. Bidding will be open until June 25.
Art Market Monitor
Danish Collector Jens Faurschou Is Selling Works From His Esteemed Foundation in a Christie’s Online Auction
Danish Collector Jens Faurschou Is Selling Works From His Esteemed Foundation in a Christie’s Online Auction
The Danish collector Jens Faurschou is auctioning off works from his foundation’s collection at Christie’s this summer to support future exhibitions across the organization’s spaces in Copenhagen, Beijing, Venice, and New York.
Artnet
Angela Gulbenkian, Collector Facing Fraud Claims Over Kusama Sale Gone Wrong, Arrested in Portugal
Angela Gulbenkian, Collector Facing Fraud Claims Over Kusama Sale Gone Wrong, Arrested in Portugal
Last week brought news that Inigo Philbrick, an up-and-coming dealer alleged to have engaged in a $20 million scheme involving withheld artworks including a Yayoi Kusama “Infinity Room,” was detained by the Federal Bureau of Investigation on the island of Vanuatu in the South Pacific.
Art News
David Zwirner sold a Jeff Koons sculpture for $8 million through the gallery’s online showroom
David Zwirner sold a Jeff Koons sculpture for $8 million through the gallery’s online showroom
A Jeff Koons sculpture sold for $8 million through David Zwirner’s online digital showroom this week.
Artsy
Here's what has sold so far from Art Basel's Online Viewing Rooms
Here's what has sold so far from Art Basel's Online Viewing Rooms
From a tribute to a guerrilla soldier and priest to an exploration of black female beauty, collectors snap up pictures on fair's VIP day.
The Art Newspaper
How Recent Changes to Tax Law Could Impact Collectors
How Recent Changes to Tax Law Could Impact Collectors
In March, the IRS extended the deadline to file taxes in the United States to July 15, 2020, in response to the COVID-19 pandemic. As the new filing date approaches, we outline the most important recent changes to tax legislation affecting art collectors today—from a tax overhaul in 2017 to new legislation in response to COVID-19—and how to navigate them.
Artsy
CHRISTEN SVEAAS Kistefos Museet, Jevnaker, Norway
CHRISTEN SVEAAS Kistefos Museet, Jevnaker, Norway
Over the years as the collection has grown, there has been an increased focus on trying to acquire key works in an artist’s oeuvre, while remaining true to the principle that I need to personally connect with the work.
Independent Collectors
Lee Soyoung on Drawing Her Own Art History Map
Lee Soyoung on Drawing Her Own Art History Map
Lee Soyoung is the kind of collector that other collectors aspire to be like. She takes a deeply personal, highly educated perspective, ensuring the artists she collects are the ones she truly loves while avoiding making impulsive, uninformed decisions. With her degrees in art education and art history, Soyoung operates an art education business for children and an art education institute for the general public, museums and other art institutions, both in Seoul, South Korea.
Larrys List
DISPERSING NARRATIVES The Wedge Collection – Toronto, Canada
DISPERSING NARRATIVES The Wedge Collection – Toronto, Canada
Collecting is personal by nature, but for Kenneth Montague, the director and founder of Wedge Curatorial Projects, the personal dimension of collecting goes beyond matters of taste. When Montague began using his collection as a basis for exhibitions in Toronto in the late 1990s, the first shows took place in his own flat. From a compact loft space in the city, Wedge quickly grew into a project that has seen Montague’s pieces exhibited in galleries across Canada, the United States and England. Such transitions are a part of the continuing evolution of Wedge as a collection and as a cultural phenomenon. Montague himself is a child of transitions. He is the son of Jamaican-Canadian parents and he has long been interested in the journeys individuals and ideas take as they become themselves. The works that comprise his collection tell the stories of individuals, but also of communities and of historical moments, often exploring the formation of identities in diaspora communities of African heritage. Like the stories they tell, the works that make Montague’s collection gain strength from their dissemination.
Independent Collectors
Collection of Stefan Simchowitz — www.Simco Web Works
Collection of Stefan Simchowitz — www.Simco Web Works
To contribute more force to the current digital-art tsunami, we checked in with Stefan Simchowitz to explore the web works in his private collection. Assessing how art now functions in our new environment, we wanted to take a look at net.art which has existed prior to a Covid-necessity, as if from a pure context, exclusive in its own form. In Jon Rafman’s 2009 “Woods of Arcady”, perfectly ear-appeasing male and female voiceovers (we are now well accustomed to Siri…) speak W.B.
Independent Collectors
Those Sleepless Nights Took Me into the Arms of Art
Those Sleepless Nights Took Me into the Arms of Art
“To my eye, art simplified the facts of life, defusing its issues,” says lawyer Giuseppe Iannaccone, who has built up a collection of around 500 artworks. One-fifth of Collezione Giuseppe Iannaccone is dedicated to inter-war Italian art while the rest is contemporary art, which he sprinkled around his home and office, which resembles a small museum now. He explained to LARRY’S LIST how he fell in love with the expressionist realism of the 1930s, what links his two parts of collection together, and what kind of contemporary artworks may make him do crazy things.
Larrys List
Collection of Stefan Simchowitz - www.Simco Web Works
Collection of Stefan Simchowitz - www.Simco Web Works
To contribute more force to the current digital-art tsunami, we checked in with Stefan Simchowitz to explore the web works in his private collection
Independent Collectors
Those Sleepless Nights Took Me into the Arms of Art
Those Sleepless Nights Took Me into the Arms of Art
“To my eye, art simplified the facts of life, defusing its issues,” says lawyer Giuseppe Iannaccone, who has built up a collection of around 500 artworks.
Larrys List
The Story of Artnet
The Story of Artnet
It’s impossible to talk about the evolution of the art business into a global industry over the past three decades without understanding the role played by artnet. Founded in 1989 as a database of art prices – a groundbreaking innovation in a marketplace long defined by obscurantism and information asymmetry – it was the first art business to go online; its news platform, artnet Magazine, became the second-ever online publication (after Slate); its gallery network served as many galleries’ first online presence; and its auction platform led the way for legacy auction houses to enter the digital era. With its emphasis on transparency and efficiency, artnet did much to create the conditions for the headlong modernization of the art market. And it never would have happened if not for the stubborn, quixotic, and deeply idealistic vision of artnet’s founder Hans Neuendorf.
Aesthetica Magazine
Conversations: Why Collect Now?
Conversations: Why Collect Now?
Amid the unprecedented challenges presented by the Covid-19 pandemic, supporting the arts has become more urgent than ever. This week's edition of Art Basel's online Conversations will bring together four leading international collectors to discuss how they are responding to the current situation.
Art Basel
A valentine to New York City, in a gift of 130 urban scenes by Chagall, O'Keeffe, Hockney and other artists
A valentine to New York City, in a gift of 130 urban scenes by Chagall, O'Keeffe, Hockney and other artists
The New-York Historical Society today announced a promised gift of 130 works depicting New York City scenes, including vivid examples by Norman Rockwell, Marc Chagall, Robert Henri, Jacob Lawrence, Georgia O’Keeffe, Louise Nevelson and David Hockney, from the philanthropists Elie and Sarah Hirschfeld.
The Art Newspaper
Art paves the way - An interview with art collector Grażyna Kulczyk
Art paves the way - An interview with art collector Grażyna Kulczyk
Grażyna Kulczyk is a Polish entrepreneur, patron and founder of Muzeum Susch in Swiss Engadin Valley. Grażyna Kulczyk's collection is the biggest in Eastern Europe. Focused on conceptual art and works by female artists with a natural input from the region, it aims to redefine the canon of art today. In 2004 Art Stations Foundation, by Grażyna Kulczyk was established at the Old Brewery in Poznań, Poland. The philosophy of 50% art and 50% business has provided the basis for a conscious building of an institutional program to promote knowledge about art and culture within a commercial setting.
Arterritory
The Market for Prints Is Poised to Thrive as Collecting Online Becomes Ubiquitous
The Market for Prints Is Poised to Thrive as Collecting Online Becomes Ubiquitous
For many members of the print community, the best way to make sure a collector gets bitten by the “print buying bug” is to show them the printmaking process—either via video or, before COVID-19, firsthand.
Artsy
How Three Art Collectors Have Adapted Their Habits during Quarantine
How Three Art Collectors Have Adapted Their Habits during Quarantine
“I’ve realized a few things during this time,” said Brussels-based collector Alain Servais. His biggest takeaway? “Art is not made to be seen online—except,” he clarified, “for the art that is designed to be seen online.”
Artsy
Five of the best places to buy art for a good cause right now
Five of the best places to buy art for a good cause right now
As lockdown extends from weeks into months, the stream of charitable initiatives to help those adversely affected by the coronavirus (Covid-19) crisis continues. More and more artists and galleries are joining forces either to offer individual artworks or mount online exhibitions to benefit a range of good causes connected with the impact of the coronavirus. A pandemic may seem like a strange time to begin collecting art but if a purchase delivers the double whammy of making a charitable donation and owning a great work, then why not?
The Art Newspaper
Acquiring an Apartment-Friendly James Turrell Is Not Easily Done
Acquiring an Apartment-Friendly James Turrell Is Not Easily Done
Having joined the board of The Smithsonian’s Archives of American Art at 27, venture capitalist George Merck’s collecting journey stemmed from his art history studies in college. Moving away from an initial focus on Arte Povera, he is then particularly drawn to artworks of Light and Space, and West Coast Minimalism.
Larrys List
Art dealers across the US struggling to survive as new report projects a 73% loss in revenue
Art dealers across the US struggling to survive as new report projects a 73% loss in revenue
As numerous organisations attempt to measure the still untold and unfolding financial fallout of coronavirus (Covid-19) within the art world, the Art Dealers Association of America (ADAA) has today released its latest findings, revealing that art galleries across the US project a 73% loss in revenue for the second fiscal quarter.
The Art Newspaper