LONDON — The art market is almost as old as art itself. But it’s only in the last decade or so, with increased globalization, digitization and the rise of art as a multibillion-dollar investment vehicle, that the market has been viewed as an industry. And where there is industry, conferences are sure to follow. On […]
It’s not hard to see why Damien Hirst’s latest project has been hailed as the British artist’s most important to date. And in fact it is so ambitious and such a departure from anything else he has done that it could just be the work that cements his status as one of the greatest artists […]
Ever since the global financial crisis of 2008 and the art market’s subsequent decline a year later, the middle market has come under increasing pressure. According to economist Clare McAndrew’s Art Market | 2017 report, the middle market—defined for dealers as works priced between $5,000 and $50,000—is the “most difficult segment” in which to operate. […]
Art is magical. It is a fairytale. It can make you rich. It can make you poor. It can turn everything you thought you knew inside out and upside down. It has made Damien Hirst rich, colossally so, and now it has done something else. It has redeemed him. For years he has appeared a […]
Born in Birmingham, Alabama, Kerry James Marshall taught himself to draw and made his first paintings in Harlem YMCA. As a major retrospective opens in LA, he talks about taking on the Old Masters. The day before the crowds get in to his critically praised retrospective, Kerry James Marshall is walking around the Museum of […]
Sotheby’s says ‘unprecedented interest’ with buyers tuning in to postwar masters’ attempts to use work to confront history. For years, contemporary art sales at the world’s leading auction houses were dominated by the works of American and British artists. When it came to eye-watering amounts of money, paintings by anglophone figures including Andy Warhol, Jackson […]
Julian Schnabel has occupied many roles through the years: the default figurehead of the star-studded 1980s art world; the fall guy for that era’s particular brand of monied hedonism; an Academy Award-nominated filmmaker; for some, the greatest painter of his time — and others, the most overrated. He’s experienced ups and downs with critical and […]
An exhibition at the Frick Collection unites for the first time three of J.M.W. Turner’s 1820s port paintings, created in an age of newly open borders in Europe. As Ian Wardropper, director of the Frick Collection in Manhattan, remarked at the preview for the new exhibition Turner’s Modern and Ancient Ports: Passages through Time, J.M.W. Turner created […]
Even after digesting this considerable amount of ostensibly transitory disclosure, Duchamp remains an unadulterated, irreverent enigma. While his readymades are a triumph of pure indifference over taste, admirers of Marcel Duchamp continue to be far from indifferent to this cryptic artist. By offering more than homage, Elena Filipovic’s The Apparently Marginal Activities of Marcel Duchamp, […]
When you sell your home the paperwork details the sale, including your name, and the title search lists the names of the people who owned the property before you. But when someone sells an artwork at auction — even something worth $100 million, much more than your house — the identity is typically concealed. Oh, […]
Beckmann’s “Self-Portrait with Cigarette” belonged to the Metropolitan Museum until 1971, when its deaccession set off a series of disputes that reshaped museum practices. The moment Adolf Hitler’s voice burst over the airwaves one summer night in 1937 declaring steadfast opposition to so-called “degenerate art,” 53-year-old painter Max Beckmann knew his time in his native […]
Artspace Article Published: April 3, 2016: Stretched out alongside the east flank of Central Park like a satisfied cat lying in the sun, the Upper East Side—longtime home to tycoons and celebrities—is still the most luxe neighborhood in New York City, where foreign billionaires plant their money in $100 million manses and ridiculous trend stories […]
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, […]
The 57th edition of the Venice Biennale, titled “Viva Arte Viva” by curator Christine Macel, has released the list of 120 participating artists and its national pavilions. “In a world full of conflicts and jolts, in which humanism is being seriously jeopardized, art is the most precious part of the human being,” Macel has said […]
What is like to live with a work by post-war master Cy Twombly? According to legendary filmmaker John Waters, it’s “great because every day when you pass it you think of his nerve. The audacity of him doing this.” Watch this video to find out more about John Waters’ longstanding admiration for the artist (it is […]
‘Tis the season to give charitable donations—for tax reasons as much as philanthropic ones. But it’s not always simple to give an artwork or an art collection to a museum. For most art museums, receiving donations of objects is relatively easy. The person making the gift turns over the items along with “a deed of gift, transferring […]
While most types of artworks are identified as individual pieces that can never be completely replicated, printmaking techniques make an exceptional set of practices that possess the ability to create multiple copies of a single piece of art. As such, pieces of printmaking are considered original artistic works despite the fact such artworks can exist […]
As in every human endeavor when two strong personalities meet, opinions may clash and an argument often ensues. The same applies to the art world. Dada Manifesto is not a singular writing; over the years several were made, including perhaps the best-known by Hugo Ball and Tristan Tzara. Ball wrote his manifesto in 1916, and […]
There’s no question that contemporary art galleries are struggling these days. The market is sluggish, the essential handshake-based rules of the art trade are being confused by the proliferation of artworks on the internet, and, at the same time, competition for artists and a globalizing terrain are forcing dealers to take on more costs by […]
Apart from offering human kind the possibility to express its imaginative and technical skills, art has also evolved to become proper trading business. As such, it has a market of buyers and sellers, but it is the certificate of authenticity or COA that represents the most important aspect of the circulation of artworks today. Over […]