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 – 14 days ago
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.
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.
The decision effectively ends the case against Bouvier in Monaco.
Artnet – a month ago
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.
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 – a month ago
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.
Mark and Patricia McCloskey live in a Renaissance-style palazzo with artworks by Anthony van Dyck and Paul-Joseph Jamin.
Artnet – a month ago
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 – a month ago
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.
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 – 2 months ago
The 1940 painting, Cottage Garden, Leonard Stanley, is expected to fetch more than £300,000 when it goes on sale in July.
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.
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.
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 – 2 months ago
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.
A Jeff Koons sculpture sold for $8 million through David Zwirner’s online digital showroom this week.
Artsy – 2 months ago
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.
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 – 2 months ago
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.
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.
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.
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.
“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.
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
“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.
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.
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.
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.
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.
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 – 3 months ago
“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 – 3 months ago
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?
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.
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.