黑料不打烊

State of the Art: News & Market Round-Up (Sept. 20-27)

Keep up-to-date with all the important news and art market information from the week that was in the world of art.

黑料不打烊

26 Sep, 2010

State of the Art: News & Market Round-Up (Sept. 20-27)

 

News - What made headlines this past week

Art Market - Sales, lots and art fairs in the spotlight 

What's expected this week in the art world? Click here to find out

 

News

SEE ALL ARTWORKS FOR SALE BY JEAN-MICHEL BASQUIAT

Egypt museum employee behind Van Gogh theft: minister says
"There are many circumstances around the theft of the Poppy Flowers that point to the fact that a museum employee participated in the theft or stole it himself," Habib al-Adly told a news agency. The Dutch masterpiece, worth over $50 million, was cut out of its frame. More...

New book shows over 100 unpublished Marilyn Monroe photos
The book,"Marilyn: August 1953" features black and white images shot by John Vachon, on assignment for LOOK magazine in Alberta, Canada, where 27 year old Monroe was filming "River of No Return." More...

Killer sketches of assassination stir row in Brazil
In a series called 鈥淓nemies,鈥 self-portraits of Brazilian artist Gil Vicente, in imaginary scenes murdering world leaders, have become the focus of fierce debate, with the national lawyers' association demanding they be removed from the Sao Paulo Art Biennial. More...

Spain's Prado museum experts discover rare Bruegel
"The Wine of Saint Martin's Day" is one of 41 signed works by Bruegel. According to a report, the ministry is in talks to purchase the work for $9 million, as little as a third of its estimated market value. More...

Opening of LACMA's Resnick Exhibition Pavilion brings L.A.-area art patrons and their collection to light
The owners of POM juice drink and Fiji Water have been little known up till now, but are entering the ranks of a small group of L.A. philanthropists making their mark on a cultural institution. More...

Turkey: Gallery attack ignites debate
A mob attacked crowds during the opening of exhibitions in Istanbul. The art in the Tophane galleries, some politically themed, has not attracted controversy, though some residents complain about alcohol consumption at the galleries, suggesting religious values might have shaped hostility. More...

Hirst---Art-is-childish-and-child/884D1E324944188C">Damien Hirst: 'Art is childish and childlike'
The provocative artist on the end of his feud with Charles Saatchi, and the sons following in his footsteps More...


鈥淚t seems like the right time,鈥 said Anne Poulet, 68, who has held the job since 2003. 鈥淚 feel that I鈥檝e had a good run and that we鈥檝e been able to accomplish a lot.鈥 

Arts bodies cannot be "squeamish" about where their money comes from
The former head of Arts Council England was speaking at a debate at the Institute of Contemporary Arts (ICA) in London. The debate focused on proposed government cuts, and where the arts should look for money in future. More...

Facing Criticism, Guggenheim Vows to Protect Laborers on Their Abu Dhabi Museum
The Foundation has released a list of the "core rights and benefits," including health insurance and equal pay for women, for workers of its planned $200 million Frank Gehry-designed branch, though Human Rights Watch continues to criticize some of the plan.  More...

As Ahmadinejad Returns to the U.S., 125 Artists Rally for Iran
To show solidarity with the Green Movement, the School of Visual Arts tapped 125 graphic artists to create posters showing their support for democracy in Iran More...

Art Market Round-Up

Lehman art collection fetches $12m at auction
Some 83 percent of the 142 lots were sold, exceeding estimates and setting 17 records for artists. More...

Warhol, Hirst to Boost $76 Million Test of Art Market
Increased volumes have boosted estimates at auctions during London鈥檚 鈥淔rieze Week鈥 to about double the level of last year. The market is struggling to regain momentum after buyers shunned overpriced lots in the summer. More...

Are Art Auctions Rigged?
Bijay J. Anand, MD, Kyozan Arts answers questions on the labyrinth that is the art market. More...

Christie鈥檚 to host an exciting series of auctions, exhibitions and events during 鈥楩rieze Week鈥
Christie鈥檚 announce an exciting series of public exhibitions, events and auctions from 10 October to 18 October in London coinciding with the Frieze Art Fair. More...

Christie's Names New CEO
Christie's International PLC has hired former publishing and music executive Steven Pleshette Murphy to succeed longtime Chief Executive Ed Dolman, who was promoted to chairman. More...


Dealer Philippe S茅galot has undertaken a challenge to transform a struggling auction house into a winner, at least for one night. 

ART Singapore celebrates a decade of selling art
ART Singapore's Chen Shen Po talks about this years edition of the fair More...

'I want Paris to be the capital of the art market'
Herv茅 Aaron, one of France's leading antique dealers, believes in the power of the market More...

Sperone鈥檚 New Bowery Palace Opens with Kuitca
Sperone Westwater joins the LES migration with a transformative statement 鈥 an eight-story building by Foster and Partners. The gallery, established in 1975, leaves behind the Meatpacking outpost it occupied since 2002. More...

Basquiat鈥檚 Snaggle-Tooth 鈥楶laid鈥 Top Seller at Christie鈥檚 First Open
Christie鈥檚 First Open auction of post-war and contemporary art in New York totaled $7.5 million, topping the $5 million presale low estimate. The sell-thru rate was respectable, with 80% percent of the 246 lots finding buyers. More...

Christie鈥檚 October Sale In Dubai Features Rich Offering Of Works From Around The Middle East & Turkey
Christie鈥檚 October 26th, 2010 Dubai sale of Modern and Contemporary Middle Eastern Art is blessed with a rich offering of works reflecting the emergence of the Iranian Modern Art movement in a group of works unseen for more than 30 years. More...

Christie鈥檚 International Announces The Walter And Phyllis Shorenstein Collection
Christie's is honored to announce it has been selected to offer The Walter and Phyllis Shorenstein Collection as part of its major fall 2010 and spring 2011 sales in New York and Hong Kong. More...

Phillips de Pury & Co announces London Contemporary Auction highlights
The October auctions feature lots with a high estimate of $19m. Included in the Evening sale are important works by David Hockney, AndyWarhol, Maurizio Cattelan and Ed Ruscha.  More...

Photographs at Sotheby鈥檚
Sotheby鈥檚 6 October 2010 auction of Photographs presents images dating from the medium鈥檚 earliest years to the present day. Overall the sale is expected to fetch between $4.3 and 6.5 million. More...

Sotheby鈥檚 to Present Modern Masters: Impressionism and Early 20th Century Art, in Asia
In response to the increasing interest throughout Asia in Modern art, Sotheby鈥檚 will hold a major sale in Hong Kong from 26-28 November 2010. The works included in this exhibition are priced from $2 million to $25 million (HK$15.6 to $195 million). More...

Banking on the market
Evidence indicates that art as an asset class is on an upswing and bankers are the latest professionals to start looking. In the last five years the return on investment in values has been 2000% in some cases; Indian art is holding out well as an asset class. More...

BUY YOUR NEXT HIRST

Upcoming auctions, top results, and recent sales on 黑料不打烊.com
Browse upcoming auctions - including this week's Fine American Paintings, Drawings and Sculpture at Christie's New York, The Marine Sale at Bonhams New  Bond Street and Phillips de Pury's Design Sale in London. More...

Compiled by 黑料不打烊.com staff 

Related Artists

Jean-Michel Basquiat
American, 1960 - 1988

Pieter Brueghel the Elder
Flemish, Circa 1525 - 1569

Vincent van Gogh
Dutch, 1853 - 1890

Damien Hirst
British, 1965

Gil Vicente
Brazilian, 1958

Andy Warhol
American, 1928 - 1987

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