An attempt to psychoanalyze the buyer of Leonardo da Vinci’s ‘Salvator Mundi.’ Every May and November, many around the art world wonder aloud—with varying degrees of frustration—why so much of the media fixates its auction coverage on star lots and gaudy prices. The 36-hour frenzy following Christie’s sale of Salvator Mundi (circa 1500), the so-called “Last da […]
China has been described as “the largest growth market for the art business, anywhere.” See how auctioneers and dealers are tapping into it. In the past year alone, no fewer than six galleries have opened or announced plans to open an outpost or office somewhere in Asia. Amid announcement after announcement, it may feel like […]
Jesus saves, but the buyer of da Vinci’s ‘Salvator Mundi’ will spend—a lot. The signs all point one way: Christie’s upcoming sale of Leonardo da Vinci’s spooky Salvator Mundi is the latest and perhaps most convincing portent that we are living in the End Times. In the Bible, Christ and his apostles held their property in common. Now, this image […]
The Apocalypse has long been a staple of American film, pulp fiction, popular culture, and high art and literature. Lately it has also been looming large in our political consciousness. From a presidential adviser who is convinced we have entered the fourth and final “turning” in human history to charges by environmentalists that our withdrawal […]
Which artist defined the last 100 years—and continues to reverberate in the work of artists today? In 2017, a century since Marcel Duchamp turned a readymade urinal into an artwork, we’ve wondered how to characterize the past 100 years in art, posing challenging questions to some of the industry’s brightest figures: What are this century’s most iconic works […]
FALSE EQUIVALENCE: Although I always advise caution about these reports, sales at this year’s freshly entombed Frieze and Frieze Masters were allegedly strong from the jump. Numerous exhibitors were eager to broadcast their results (or at least, pretend to) on VIP preview night. But rather than resurrect the issue of dubious honesty from self-interested actors in a consequence-free […]
How do you choose one defining artwork for a century still in its adolescence? Some of the art world’s leading figures take their best shot. Want to make an art historian laugh? Ask them to name the most iconic artwork of the 21st century. Turns out, it’s not so easy to single out the most […]
The curator explains the origins of the exhibition and the thinking behind its most controversial elements. Now well ensconced at the Solomon R. Guggenheim Museum as its Samsung Senior Curator of Asian Art, Munroe is trying to repeat that feat with recent Chinese art history, working with two co-curators—the widely respected experts Hou Hanru and Phillip Tinari—to […]
Leonardo DiCaprio knows that if you want to sell a lot of art, you need to bring in the big guns. Among the guests at the actor’s recent star-studded charity auction in Saint-Tropez was Japanese collector Yusaku Maezawa. Best known for his record-setting $110.5 million purchase of a Basquiat at Sotheby’s in May, Maezawa went home from […]
The move online has been one of the critical forces shaping the industry over the last decade, a disruption that happened slowly, and then suddenly. “It’s a huge change in what galleries have done. It’s been the biggest trend in the art market, next to art fairs, over the last ten years,” says Clare McAndrew, […]
You’re often viewed as controversial—especially in Germany—because of your willingness to address difficult subjects, both in the content of your work and the press. How do you deal with that perception? I can’t really comment on my reputation because the reputation is in no way justified. I’m a peaceful, happy, cheerful, elderly gentleman, except for […]
In 1985, A. R. Penck told curator Klaus Ottmann that he didn’t miss East Germany, where he had been born in 1939 and from which he was exiled in 1961. East Germany, Penck said, “disappeared in a black hole”—it was totally behind him. But, of course, his homeland and everything he lost when he left […]
The Bronx-born artist came to fame in the 1970s with an array of unsettling work. Vito Acconci, a towering figure with influences on both performance art and experimental architecture, has died at the age of 77. A cause of death has not been confirmed by the estate. Born in the Bronx in 1940, Acconci worked as […]
A deep dive into the British artist’s prices as he attempts a comeback. After years of sluggish auction prices, is Damien Hirst poised for a comeback? In 2008, the British artist bypassed the gallery system to bring 167 newly created artworks straight to the auction block. The unprecedented sale upended every market convention and raked […]
Artists the world over were instantly captivated three years ago when UK-based Surrey NanoSystems announced the invention of Vantablack, the darkest material ever made. And things continue to get darker: The company has been advancing the technology, and released some astonishing photographs and footage of the pigment in action, which have to be seen to be […]
Discover the enduring legacy of the readymade in works by Manzoni, Koons, Hirst, Emin … Marcel Duchamp’s Fountain hardly needs an introduction. Celebrating its 100th anniversary this year, the work was originally submitted for display at the 1917 exhibition of the Society of Independent Artists in New York City. Famously rejected by the committee, Duchamp instead exhibited the work at Alfred […]
The new show feels unquestionably relevant. The opening [today] of “2017,” Wolfgang Tillmans’s survey at Tate Modern, is bringing a much needed breath of fresh air to the London museum, and not because recent exhibitions might have been lackluster—on the contrary, the ongoing Robert Rauschenberg retrospective is a triumph, and the recent solos of Agnes […]
This week, New York’s Museum of Modern Art (MoMA) rehung its prized Modern galleries, swapping out works by greats like Henri Matisse and Pablo Picasso for works by artists from the Muslim-majority countries affected by President Trump’s travel ban. It’s not exactly as if MoMA has draped itself in a “Muslim Lives Matter” banner. Still, this rapid response, […]
Less than a week after President Trump signed an executive order banning citizens of seven majority-Muslim countries from entering the United States, the Museum of Modern Art in New York has responded by installing a dozen works by artists from those countries, including the late Iraqi-born architect Zaha Hadid, the Sudanese master Ibrahim El-Salahi, and the young Iranian […]
While 2016 may have been pretty awful on any number of fronts, we have to admit that it also gave us a lot of pretty great art. Consider Maurizio Cattelan alone, who gave us a solid gold toilet to relieve ourselves on at New York’s Guggenheim Museum, a real life donkey, pooping in the tent […]