Art Collecting and Investment News, 11th - 17th August 2008
Posted on August 17, 2008 at 2:00 PM.
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Sunday, 17th August 2008
Keith Haring, having died of AIDS at the age of 31, would be 50 years old in 2008. His anniversary is going to be celebrated with several exhibitions and events all over the world.
Art Daily -
THE former boss of Scottish auctioneers Bonhams is aiming to tap into the growing number of international millionaires choosing to settle in
Scotsman -
US: Wexner Center Names New Exhibitions Curatorial Team
Catharina Manchanda, previously curator at Mildred Lane Kemper Art Museum at Washington University in St. Louis, is the new Senior Curator; and Christopher Bedford, currently assistant curator in the Department of Contemporary Art at LACMA, has been named Curator.
Art Daily -
GLOBAL: The economics of the art fair
Contemporary art fairs tend to jump up the competitiveness behind many affluent collectors' buying habits. Art fairs have already proliferated to such an extent worldwide in recent years that they have begun to kill one another off.
GLOBAL: Rock art... RIP?
An exhibition at the University of the Arts in
Independent -
Saturday, 16th August 2008
Sir Nicholas's longevity is remarkable. None of the other national arts institutions has been in the same hands for anything like such a long period. And it is a fitting paradox that in contemporary art his very willingness to take risks makes him the safest pair of hands around.
Independent -
GLOBAL: In a crunch, don't forget the classics
World records just keep on being broken in the art market. Sotheby's art sales are up 14 per cent against 2007, Christie's up 10 per cent. The latter's Impressionist and modern art sale in
Independent -
'Bidding starts at £12-million in half-a-million increments. It's going up fast and furious. I'm not even going to bother getting in until £20-million." So says London-based Canadian art adviser Tania Buckrell Pos.
Globe and Mail -
A dramatic entrance is expected of Luke, one of the most dynamic and interesting figures in the local Latino arts scene with a reputation as a charismatic lecturer. During his tenure at MOLAA in
Friday, 15th August 2008
Overnight, Ms. Zhukova's new center and her connections, including a billionaire, art-collecting boyfriend, have made her an art-world It Girl.
US: American art market booming despite economy
"Art is an asset class," Widing says. "It's a place you can put your money as an alternative to other assets like stocks, bonds, publicly held businesses, whatever it may be. Among aristocratic circles in
GLOBAL: Anatomy of a Deal
The complexity of the Estella collection's brief history and the number of players involved in creating, exhibiting and marketing it make the notion of a buyer and a seller simply exchanging goods seem almost quaint.
ARTINFO -
Karen Smith: Fang Lijun is not selling for millions. He deserves to be there, though I wouldn't wish that league upon anybody really. He has to mature. He has 20-30 years of his career in front of him.
Bloomberg -
The £50m Baltic Centre for Contemporary Art, the
Financial Times - London,England,UK
Thursday, 14th August 2008
US: Johnson Bogart dies - led move of Asian museum
Johnson "Jack" Bogart, a real estate figure who spearheaded efforts to move and transform the Asian Art Museum of San Francisco, has died. He was 79.
Leng Lin, Pace Beijing: The Western art market is well protected. The Chinese, however, is not. It stems, as you say, from the rapid development and growing interest in contemporary Chinese art.
Art Newspaper -
Chinese artists buoyed by several years of soaring prices have joined the Olympics bandwagon, adding to fears that the quality of contemporary Chinese art is suffering in the dash for cash. In the early 1990s,
guardian.co.uk -
Beginning in 2009 Sotheby's will consolidate its existing worldwide dedicated sales of Contemporary Asian Art in Hong Kong in the form of a Contemporary Asian Art Sale held twice yearly in April and in October, will include exceptional works such as those from
Art Daily - USA
ITALY: Italian arts minister takes potshot at . . . the arts
To begin with, Mr Bondi conceded in an interview this week with Italian magazine, Grazia , that he was less than comfortable with much of contemporary art: "We live in a time that is deprived of spirituality and therefore of beauty. I would also like to promote and support new artists.
Irish Times -
``I've always been particularly concerned about the growth of contemporary art in
Bloomberg - USA
Wednesday, 13th August 2008
US: FBI hunts for owners of £1.1m treasure trove of stolen artwork ...
More than 140 works of art that once graced the walls of museums, galleries and private collections across the world have gone on display on the FBI's most-wanted list. Agents are desperate to find out who really owns the treasure trove of works, discovered stacked from floor to ceiling in a tiny one-bedroom Manhattan flat.
Daily Mail -
The prize is only in its second year, but organisers have kept up their initial, chippy "northern Turner prize" promotion by engaging a who's who of artists and curators from across the three northern regions.
guardian.co.uk - UK
CHINA: Sotheby's to Move Asian Art Auctions to Hong Kong From NY
Sotheby's said it will cease holding auctions of Asian contemporary art in New York and ``consolidate'' them instead in Hong Kong, with biannual sales in the Asian city.
Bloomberg -
Her wall paintings had an unintended effect at the
Bloomberg -
Tuesday, 12th August 2008
Although most of Yang's work is original, he is one of many legitimate artists in
The sale will put on tap major works from modern masters to cutting edge artists like Tyeb Mehta, MF Husain, J Swaminathan, Ram Kumar, Subodh Gupta, Riyas Komu and Rashid Rana among others. The sale sports an overall estimate of $12 million.
Economic Times - Gurgaon,
Monday, 11th August 2008
He left no will, and the apartment turned out to be full of artworks -- including a bust by Giacometti that has since been valued at $900,000 to $1.2 million and a small painting by Giorgio Morandi that would eventually be auctioned for about $600,000 -- that turned out to be stolen.
New York Times -
GLOBAL: Buyer Beware
Today, the largest victim of art crime is the art trade. This multi-billion-dollar legitimate industry is victimized to the tune of a conservatively estimated $6 billion per year, most of which goes into the pockets of organized crime. Here is a brief analysis of how the four main categories of art crime influence the art market.
ARTINFO - New York,NY,USA
CHINA: LA curator immerses himself in Chinese art -- in China
The goal is to learn more about art being made throughout the vast country and explore possibilities of exhibitions and exchange programs for the museum and the university. He spends about half his time working for the Hammer, the rest pursuing independent projects.
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