Global contemporary art events and news observed from New York City.
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AO On Site – Gavin Brown’s Enterprise, Wednesday, July 1st, ‘The Living and the Dead’

July 2nd, 2009
Just Trying To Break The Ice... by Michael Caputo.  Photo by Michael Bartelle
Just Trying To Break The Ice… by Michael Caputo.

“The Living and the Dead” is a collaborative show of over 50 artists, including Amy Yao, Brian Belott, Anicka Yi, Uri Aran, George Condo, Justin Matherly, Haim Steinback, and dozens of others. The art is an almost bewildering mix of styles and mediums, ranging from wooden statues to fishing poles, giant ice cubes, elastic, and deep-fried q-tips.  The show opened last night at Gavin Brown`s Enterprises, and runs from July 1st – Aug. 7th.

Related Links:
Gavin Brown’s Enterprise
[Official Site]
Summer Group Shows, Part II
[Artnet]

Read More »

Go See – New York: Arcangel, Pinard, Routson at Team Gallery through July 31, 2009

July 2nd, 2009

Cory Arcangel - Drei Klavierstücke, op. 11
Still from Cory Arcangel’s ‘Drei Klavierstücke, op. 11′ via Team Gallery

Team Gallery’s current exhibition is a group show of three video artists from the gallery’s roster: Cory Arcangel, Guillaume Pinard, and Jon Routson. It follows a similar three-person show of abstract work by its artists in January. The exhibition includes a number of video pieces, in both large and small formats, as well as a sound piece by Routson and two prints by Arcangel in his Photoshop series – a similar print was in the New Museum’s triennial, Younger Than Jesus.

Arcangel, Pinard, Routson [Team Gallery]
Arcangel, Pinard, Routson @ Team [This Heart's On Fire]

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Bernie Madoff associate Ezra Merkin forced by New York State to sell $300M art collection

July 2nd, 2009

Ezra Merkin
Ezra Merkin, via Guardian UK.

After weeks of negotiation with the Attorney General’s office, J. Ezra Merkin has agreed to sell an art collection appraised by Christie’s at $310 million.  After taxes and other fees — the New York Times reports that Merkin was paying $60,000 a month on insurance, and owed $42 million to previous owners as well as $19.3 million on a loan used to purchase the artwork — profits from the sale amount to $191 million, to be frozen in escrow pending the outcome of the Attorney General’s suit against the suspected Bernie Madoff feeder.

Related links:
Statement from Attorney General Andrew Cuomo on the Sale of J. Ezra Merkin’s Collection

Merkin Reaches Accord with Cuomo on Art Sale [New York Times]
Madoff, Merkin, and the Murals
[Wall Street Journal: The Wealth Report]
Merkin Selling Art Frozen in Lawsuit for $310 Million
[Bloomberg]
Andrew Cuomo Unveils Deal to Sell Art Collection of Ezra Merkin, Bernie Madoff’s Associate [New York Post]

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Go See – Brussels: John Baldessari at Greta Meert Gallery through July, 25th 2009.

July 1st, 2009

Baldessari,Airplane (Concorde) AtGretaMeert.
John Baldessari, ‘Raised Eyebrows/Furrowed Foreheads: Airplane (Concorde),’ 2009. Via ArtNet.

Currently showing at the Greta Meert Gallery in Brussels are seven pieces from the latest series by American artist John Baldessari. The selection represents a continuation of previous series, in which Baldessari explored fragmented body parts, abstraction of facial expressions and the relationship between separate parts and the whole.   His former series, which came under the titles of ‘Noses & Ears, Etc.’, ‘Arms & Legs (Specif. Elbows & Knees)’, Etc, and ‘Prima Facie, Etc.’, in addition to his work at large, has emphasized the symbiotic relationship between painting and photography. In effect, Baldessari, who has shown in more than 200 solo and 900 group exhibitions in the United States and Europe, has been credited for having helped to establish photography as a more established artistic medium.

Related Links:
Interview with John Baldessari
. [Artnet]
John Baldessari. [Baldessari]
Baldessari and Ono Win Golden Lions. [LATimes]
John Baldessari. [ArtWorks]
Interview with John Baldessari. [Art and Culture]

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Go See – London: Jeff Koons ‘POPEYE SERIES’ at the Serpentine Gallery opens tomorrow, through September 13, 2009

July 1st, 2009

Jeff Koons, Popeye, Popeye Series, Serpentine Gallery
Popeye
, part of the new Jeff Koons exhibition at the Serpentine by the same name.

Jeff Koons’s first major exhibition in a public gallery in England opens tomorrow.  The show at the Serpentine features works drawn from public and private holdings, and some new works on display for the first time.  The “Popeye Series” “creates a world beyond taste,” appropriation art at its finest.  The extraordinary and the mundane are put side by side: Popeye and and Olive Oyl are embedded in multi-layered paint.  Garbage cans and chairs, chains and even the occasional inflatable, are put to use in the sculptures of the “Popeye Series.”

Related links:
Jeff Koons: Serpentine Gallery
Jeff Koons Presents Works from his Popeye Series at the Serpentine Gallery in London [Artdaily]
‘Popeye’ exhibition by Jeff Koons comes to Serpentine Gallery [Times Online]
Koons, with eye for pop, brings Popeye show to UK [Reuters]
Jeff Koons Popeye Series At The Serpentine Gallery from July 2nd
[FAD]
Jeff Koons is not just the king of kitsch [interview with the Guardian UK]


The Telegraph comments on the exuberance and humor in the Koons exhibition.

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AO Auction Results: Christie’s Contemporary Art Evening Sale, London, Tuesday, June 30, 2009 – Another ’solid’ sale in a diminished market

July 1st, 2009

Peter Doig - Night Playground
Peter Doig’s ‘Night Playground’ sold for £3 million, beating estimates of £1.5-2 million, via Artinfo

Rounding out the summer auctions, Christie’s Post-War and Contemporary Evening Sale took in £19.1 million, coming in around the lower end of estimates of £17.4-24 million.  35 out of 40 lots sold, with rates of 88% by lot and 86% by value.  The top selling lot was a large Peter Doig painting, ‘Night Painting,’ which sold for £3 million, quite above estimates of £1.5-2 million. According to the NY Times, collector François Pinault was overheard calling the sale “solid” and “serious.” Though the total value realized represents a 78% drop from last year, the high sell-through rate, consistent among the fine art auctions this season, shows that the market has settled enough for the auction houses to accurately gauge what buyers want.

Post-War and Contemporary Art Evening Auction [Christie's]
Bidding Is Thin at Christie’s in London [NY Times]
Doig, Richter Sell as Christie’s London Auction Total Drops 78% [Bloomberg]
Market Motors Along at Christie’s Contemporary Sale [Artinfo]
Lot by Lot: Christie’s London Cont. Evening Sale [Art Market Monitor]
Lots of Profit at the Top [Artinfo] Read More »

Don’t Miss – Paris: Duane Hanson ‘Illusions Perdues’ at Galerie Emmanuel Perrotin Through July 11, 2009

June 30th, 2009

Duane Hanson
A look at the Duane Hanson exhibition at Galerie Emmanuel Perrotin.

Through July 11, Galerie Emmanuel Perrotin is showing works by the late sculptor Duane Hanson.  The exhibition, titled “Illusions Perdues (Lost Illusions),” is comprised of hyper-realistic depictions of lost souls, and loneliness, or taken literally, illusions of the lost.

Related links:
Galerie Emmanuel Perrotin
Duane Hanson Biography [Galerie Emmanuel Perrotin]
Galerie Emmanuel Perrotin – Duane Hanson [ArtSlant]

Duane Hanson
From the Duane Hanson exhibition at Galerie Emmanuel Perrotin.

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AO Auction Results: Phillips de Pury & Company Contemporary Art Evening Sale, London Monday, June 29, 2009 – Comes Just Short of Low Estimate

June 30th, 2009

Ed Rusha - That Was Then This Is Now
Ed Ruscha’s ‘That Was Then This Is Now’ sold for £713,250, falling between estimates of £600,000-800,000, via Phillips de Pury

Phillips de Pury’s Contemporary Art Evening Sale realized £5.1 million last night, missing its low estimate of £5.4 million.  With a much smaller and deeply discounted offering compared to last year’s sale, Phillips sold 30 out of 39 lots for a 77% sold-by-lot rate, beating last year’s rate of 66%.  However, this year’s totals represent a 79% decrease in value as last year’s sale brought in £24.5 million.  Conservative estimates helped, with many lots selling above their estimates.  The highest selling lot was Ed Ruscha’s fittingly titled ‘That Was Then This Is Now,’ going for £713,250, including buyer’s premium, putting it in the middle of estimates of £600,000-800,000.

Contemporary Art Evening Sale [Phillips de Pury]
Ruscha Canvas Leads a London Sale [NY Times]
Phillips Contemporary: That Was Then, This Is Now [Artinfo]
Phillips Sells 77% of Contemporary Art in London on Discounts [Bloomberg]

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Go See – New York: “Dan Graham: Beyond” on view at the Whitney Museum of American Art through October 11th, 2009

June 30th, 2009

Dan Graham - Whitney Museum - Girl's Makeup Room
Dan Graham, Girls Make-up room, 1998-2000. Via Whitney Museum of American Art

Dan Graham’s first U.S. retrospective is currently on view at the Whitney Museum of American Art. The artist’s work has been highly influential since the 1960’s.  He has close personal and professional ties with Sol LeWitt, Dan Flavin and Mel Bochner and as of yet his work has been seldom collected or recognized in the U.S. The show features a comprehensive sampling of his body of work in media including installation, text pieces, performance and site specific sculpture. At the core of his work, Graham is investigating public and private cultural systems and the extent to which his playful, often comic, interference can alter the way individuals relate to their surroundings, themselves and others.

Dan Graham: Beyond [Whitney Museum of American Art]
Dan Graham: Be My Mirror [Art in America]
Retrospective of Pioneering Artist Dan Graham Opens at Whitney Museum
[ArtDaily]
Dan Graham: Artist’s Talk 2007 [Tate Modern]
Interview with Dan Graham [Museo Magazine]
Dan Graham: A Round Peg [NY Times]
Dan Graham – Whitney Museum of American Art [ArtForum]

Dan Graham - Whitney Museum - Figurative
Dan Graham, Figurative,1965; published March 1968 in Harper’s Bazaar. Via Whitney Museum of American Art

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Go See – Duisburg, Germany: Gerhard Richter ‘Paintings from Private Collections’ at Museum Küppersmühle through August 23, 2009

June 29th, 2009

Gerhard Richter, Cow
Gerhard Richter, Cow, part of an exhibition of the artist’s work at MKM. via the Albertina.

Until August 23, Museum Küeppersmühle is exhibiting 80 paintings by legendary German artist Gerhard Richter.  Comprised of works drawn from private collections Burda, Ströher, Böckman, and the artist’s own,  ”Paintings from Private Collections” is an exploration of colors, of their uses and limitations.  Works included span much of the artist’s career, from the early 60’s to 2007.

Related links:
Gerhard Richter
Gerhard Richter at the MKM
Gerhard Richter: Paintings from Private Collections on View at Museum Küeppersmühle [Artdaily]
Gerhard Richter ~ Paintings from Private Collections at Museum Kueppersmuehle (MKM) [Art Knowledge News]
Gerhard Richter Portraits [National Portrait Gallery]
Gordon Burn on the paintings of Gerhard Richter [The Guardian UK]

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Go See – Paris: “Warhol’s Wide World,” A Retrospective On Andy Warhol at the Galeries Nationales du Grand Palais through July 13th, 2009

June 28th, 2009

icon_liz
Andy Warhol, ‘Silver Liz,’ 1963.  Employing the mass-media technique of screen-printing, Warhol created 13 portraits of Elizabeth Taylor at the height of her fame. Via Corcoran.

Currently showing at the Galeries Nationales du Grand Palais is a selection from the thousand or so portraits that Andy Warhol painted in 1962 and onwards.  During that time, Warhol produced commissioned portraits of film and rock stars, fashion designers, artists, politicians and more obscure personalities using his signature technique–silkscreens, reproduced serially.  A pioneer of the Pop Art movement, his use of image repetition was seen as a commentary on the nature of consumer society and mass culture, and his focus on personalities contributed to a revival of portraiture at large. As the artist prophetically put, “All my portraits have to be the same size, so they’ll all fit together and make one big painting called Portraits of Society.  That’s a good idea, isn’t it? Maybe the Metropolitan Museum would want it someday.”

Related links:
Hidden Depths: Paris Exhibition Aims to Paint Warhol as a Modern Master
[GuardianUK]
Andy Warhol’s World Wide Comes to Paris
[Reuters]
Saint Laurent Portraits Out of Warhol Show
[NYTimes]
The Endless Fifteen Minutes
[NYMag]
Christie’s Seeking Buyer for Warhol Mao in Hong Kong
[ArtInfo]
Warhol Sales Make $10.5 Million as Sotheby’s Turns to Big Names [Bloomberg]

viaantiquesandthearts
Andy Warhol ‘Jean-Michel Basquiat,’ 1982. Warhol collaborated with Basquiat, the American graffiti artist, in the 1970s and 1980s.Via Antiques.

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Go See – London: ‘Futurism’ at Tate Modern through September 20th 2009

June 27th, 2009

Kasmir Malevich-Portrait of Ivan Klioune-1913
Portrait of Ivan Klioune (1913) by Kazimir Malevich, via The Guardian

Currently on view at Tate Modern is a ground-breaking exhibition celebrating the centenary of the Futurist Movement.  Launched in 1909 by the Italian poet Filippo Tommaso Marinetti with the publication of the Manifesto of Futurism on the front page of the Paris newspaper Le Figaro, the Futurist Movement borrowed elements from Cubism and Divisionism in order to create a new style that broke free from tradition and expressed the energy and dynamism of modern life.

The exhibition highlights the work of key Futurists such a Giacomo Balla, Umberto Boccioni and Gino Severini as well as works by other major artists such as Braque, Malevich and Duchamp.

New Worlds: Futurism at Tate Modern [The Guardian]
Review: Futurism Falls Flat at Tate Modern [The Guardian]
Closet Thinker: Fashion goes back to the Futurists [The Telegraph]
Celebrating Futurism at the Tate Modern
[Fadwebsite]
Futurism at the Tate Modern: A Glimpse into Tomorrow’s Whirl [The Telegraph]
Tate Modern: Futurism
[The Art Newspaper]
Tate Modern Marks Futurism Centenary with new show [Reuters]
Tate Modern Show brings pivotal Futurist art works together for first time [This is London]
Tate Modern Presents Today First Large-Scale Showing of Futurism in Britain in Thirty Years [Artdaily]
The Futurists’ Futile Chase After Motion [NY Times]
‘Futurism’ at Tate Modern [FT]
Secret Bansky Show Opens Tomorrow [Artinfo]
Bansky back in Bristol for biggest British Exhibition [The Telegraph]

Read More »

AO Auction Results: Contemporary Art Evening Sale at Sotheby’s in London on Thursday, June 25, 2009 – Total sales near top of estimates

June 26th, 2009

Andy Warhol - MRS. MCCARTHY AND MRS. BROWN (TUNAFISH DISASTER)
Andy Warhol’s ‘Mrs. McCarthy and Mrs. Brown (Tunafish Disaster)’ sold for £3.7 million against estimates of £3.5-4.5 million, via Sotheby’s

Sotheby’s Contemporary Art Evening Sale in London yesterday realized £25.5 million, near the top of its estimates of £19.8-27.4, with one of the highest ever sell-through rates as only 3 of the 40 lots went unsold. The pared down sale is only a quarter of the value of last June’s sale, but along with solid results at Christie’s and Sotheby’s Impressionist sales earlier this week and brisk sales at Art Basel two weeks ago, the art market appears to have hit its bottom and has started to stabilize.  However, the highest selling lot was Andy Warhol’s ‘Mrs. McCarthy and Mrs. Brown (Tunafish Disaster),’ selling for just £3.7 million, at the low end of estimates of £3.5-4.5 million, nowhere near the blockbuster prices of a year ago.

Contemporary Evening Sale [Sotheby's]
Sotheby’s Contemporary Art Evening Auction Realised $41.9 Million in London [Artdaily]
Buyers for Warhol and Calder [NY Times]
Warhol Sales Make $10.5 Million as Sotheby’s Turns to Big Names [Bloomberg]
Slim and Conservative, Sotheby’s Sale Proves a Winner [Artinfo]
The London Art Scene Feels a Chill [Wall Street Journal]

Read More »

Go See – Vienna: Cy Twombly Retrospective ‘Sensations of the Moment’ at Museum Moderner Kunst Until October 11

June 26th, 2009

Cy Twomly, Sensations of the Moment at MUMOK
A view of the Cy Twombly retrospective at MUMOK.

A retrospective of Cy Twombly’s work is currently showing, for the first time in Austria, at Museum Moderner Kunst [MUMOK].  On view until October 11, the exhibition includes 200 pieces, ranging in medium from photography to painting, sculpture to drawing, as well as graphic works.  The exhibition, curated by Achim Hochdorfer, features works drawn mostly from private holdings.

Related links:
Cy Twombly
MUMOK: Cy Twombly
First Retrospective for Cy Twombly in Austria at Museum Moderner Kunst in Vienna [Artdaily]
Cy Twombly – Sensations of the Moment – Restrospective [FineArtPublicity]
Cy Twombly’s Masterpieces Inaugurate Abbott Galleries for Special Exhibitions [FAD]
Museum Moderner Kunst (MUMOK) opens First Retrospective for Cy Twombly in Austria [Art Knowledge News]

Read More »

AO Auction Results: Sotheby’s Impressionist and Modern Art Evening Sale in London Wednesday, June 24, 2009 – Small Sale Brings Solid Results

June 25th, 2009

Pablo Picasso - Homme a l'epee sothebys
Pablo Picasso’s ‘Homme à l’épée’ sold for £7 million, falling squarely within estimates of £6-8 million, via Sotheby’s

Sotheby’s Impressionist and Modern Art Evening Sale last night in London yielded fairly strong results, due mainly to a slimmed down offering of high quality works. The 27 lot sale realized £33.5 million, towards the higher end of estimates of  £26.8-37.3 million, with only 4 lots going unsold and a sold-by-lot rate of 85.2% and a sold-by-value rate of 90.8%. Despite trouble finding sellers, choosing lots carefully paid off for Sotheby’s with spirited bidding throughout the auction. The sale’s big star, Picasso’s ‘Homme à l’épée,’ sold for £7 million against estimates of £6-8 million. Another late Picasso painting, ‘Nu debout,’ was the second-highest lot, selling for £4.3 million, above estimates of £3-4 million.

Sotheby’s Impressionist and Modern Art Evening Sale Results [Sotheby's]
Sotheby’s Lean Strategy Pays Off [NY Times]
Sotheby’s London auction hits target at $55 million [Reuters]
Picasso’s $11.5 Million Musketeer Tops Sale as Bargains Hunted [Bloomberg]
Homme a l’epee Sells for 7 Million and Leads Sotheby’s Sale of Impressionist & Modern Art [Artdaily]
Lot by Lot: Sotheby’s I/M London Evening Sale [Art Market Monitor]
Picasso Musketeer Tops Sale by Sotheby’s [NY Times]
En Garde! Sotheby’s Sells Picasso Musketeeer Painting for $11.5 Million [WallStreetJournal]
Picasso musketeers duel at London auction houses [The Art Newspaper]
Sotheby’s Imp/Mod Sale Small but Solid [Artinfo]
Summing Up Sotheby’s I/M Evening Sale in London [Art Market Monitor]
Homme a l’epee Leads Sotheby’s Sale of Impressionist & Modern Art [Auction Publicity]

AO coverage of Christie’s Impressionist and Modern Art Evening Sale on Tuesday

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AO Auction Results: Christie’s Impressionist and Modern Art Evening Sale in London Held on Tuesday June 23rd Falls Short of Low Estimate

June 24th, 2009

Claude Monet - Au Parc Monceau
Claude Monet’s ‘Au Parc Monceau’ sold for £6.3 million, well above its high estimate of £4.5 million, via Christie’s

Yesterday’s Impressionist and Modern Art Evening Sale at Christie’s in London realized £37.2 million, falling shy of estimates of £37.8-51.7 million, including buyer’s premium. 30 of the 44 lots offered sold, with a rate of 68% sold by lot and 84% by value. The highlight of the sale was Monet’s ‘Au Parc Monceau,’ which sold for £6.3 million, far above its high estimate of £4.5 million. Joan Miró’s ‘Peinture (Femme se poudrant)’ also attracted spirited bidding, selling for just under £4 million, against estimates of £2.2-2.8 million. The star lot, a Picasso Musketeer painting, ‘Man with sword,’ sold for £5.8 million, in the lower end of estimates of £5-7 million. Sotheby’s Impressionist and Modern Art Evening Sale takes places tonight in London.

Christie’s Impressionist/Modern Evening Sale Results [Christie's]
Only a Few Hills in the Valley of Christie’s Season-Opening Art Auction [NY Times]
£1.5m Pissarro painting looted by Nazis withdrawn from auction [Telegraph]
Christie’s London sale falls short of low estimate [Reuters]
Buyers Focus on Works Worth the Fight [NY Times]
Monet, Picasso Fetch $20 Million; Auction Shrinks 74% [Bloomberg]
Christie’s Auction of Impressionist and Modern Art in London Realises $60.4 Million [Artdaily]
Christie’s misfires on £37m Impressionist and Modern art sale [Wealth Bulletin]
Christie’s Kicks Off London Season With Modest Imp/Mod Sale [Artinfo]
Family wrangle halts sale of £1.5m Pissarro stolen by the Gestapo [TimesUK]
Family Dispute Halts Sale of Pissarro Stolen by Nazis [Artinfo]
Read More »

Go See – London: Royal Academy of Arts 2009 Summer Show Through August 16

June 24th, 2009

Damien Hirst, Saint Bartholomew, Exquisite Pain
Damien Hirst’s Saint Bartholomew, Exquisite Pain, currently showing at the Royal Academy of Arts Summer Show. via Pinchuk Art Centre.

The Royal Academy of Arts, in collaboration with the BBC, has opened its 241st summer exhibition, showing until August 16.  The show is coordinated by Royal Academicians Ann Christopher, Eileen Cooper, and Will Alsop, and sponsored by Insight Investment.  The Summer Exhibition seeks to encompass a range of works, in all media, by both well-known and emerging artists.  Included are works of photography, sculpture and architecture, printmaking, film, and painting.  This year’s theme, “Making Space,” reflects the inclusive spirit of the exhibition, which the Times has called “the art world’s annual jumble sale.”

Related links:
Summer Exhibition [Royal Academy of Arts]
Royal Academy Summer Exhibition 2009 at Burlington House W1 [Times Online]
Royal Academy Summer Exhibition 2009, review [The Telegraph]
RA Summer Show [The Guardian UK]

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Go See – Berlin: Eric Fischl at Jablonka Galerie Through July 15, 2009

June 23rd, 2009

Eric Fischl, Corrida in Ronda No. 5
Corrida In Ronda No. 5, by Eric Fischl. Courtesy of the artist.

The Jablonka Galerie’s current exhibition features paintings by Eric Fischl. The show is comprised of new works by the artist which are centered around a particular type of bull-fighting.  The so-called Corrida paintings are showing through July 15.The series focuses on the Corrida goyesca de Ronda, the tradition of the bull fight in the Andalusian city of Ronda. Since its inception in 1954 with founder Antonio Ordoñez, the Corrida fills the city every year with color.  Fischl has captured this celebration in his paintings, which will be hosted by galleries in New York and in Málagua following their current showing at the Jablonka Galerie in Berlin.

Eric Fischl at Jablonka Galerie
A view of the Eric Fischl exhibition at Jablonka Gallerie.

Related links:
Eric Fischl at Jablonka Galerie (pdf)
Eric Fischl [artist homepage]
Jablonka Galerie

Read More »

Don’t Miss – New York: Gary Hume, “Yard Work” at Matthew Marks Gallery through July 10th, 2009

June 23rd, 2009

498757
Gary Hume, ‘Two Girls,’ (2009).  Via Artnet.

Currently showing at Matthew Marks Gallery are 13 paintings by British artist Gary Hume.  Known for emerging onto the London art scene in the 1990’s with his ‘door paintings,’  Hume’s latest work evokes the rural environment of his studio space; an old barn in the Catskills of upstate New York, where all pieces were completed.  While representational paintings of hospital doors were found in Hume’s earlier work, his current show includes barn doors, along with images of blackbirds, roses and daisies, “all things he sees from his window.”

Related Links:
Gary Hume: Yard Work
[Matthew Marks]
Gary Hume at Modern Art, Oxford [ArtObserved]
Art: In Living Color [VOGUE]
Profit and Gloss [Guardian]
Gary Hume Interview [White Cube]

Read More »

AO Auction Preview: Summer auctions in London at Sotheby’s, Christie’s, and Phillips de Pury start tomorrow

June 22nd, 2009

picasso man with sword christies
Pablo Picasso’s ‘Homme à l’épée’ estimated to sell between £5-7 million via Christie’s

The summer auction season starts next week with the Impressionist and Modern Art Evening Sales in London at Christie’s on Tuesday, June 23, and at Sotheby’s the following evening.  Both sales feature a late Picasso painting,part of his Muskateers series, painted by the artist on successive days and both titled ‘Man with a sword.’  The Sotheby’s Picasso is estimated to sell between £6-8 million and the Christie’s Picasso is estimated between £5-7 million. Both auction houses each offered a Muskateer painting in the spring auctions, with one failing to meet its reserve and the other selling for $14.6 million. This era of Picasso’s works has been enjoying a wave of popularity after Gagosian Gallery’s ‘Mosqueteros’ exhibition (as covered by AO here) earlier this spring gaining record attendance, as well as two major museum shows in Paris and London focusing on the artist’s late career. The Post-War and Contemporary Art Evening Sales take place on Thursday, June 25 at Sotheby’s, Monday, June 29 at Phillips de Pury, and Tuesday, June 30 at Christie’s.  Though healthy sales at Art Basel last weekend have boosted confidence in the market, this season’s estimates are down over 70% from last year.

Christie’s Impressionist and Modern Art Evening Sale, Tuesday, June 23, 2009
Sotheby’s Impressionist and Modern Art Evening Sale, Wednesday, June 24, 2009
Christie’s Post-War and Contemporary Art Evening Sale, Tuesday, June 30, 2009
Phillips de Pury Contemporary Art Evening Sale, Monday, June 29, 2009
Sotheby’s Post-War and Contemporary Art Evening Sale, Thursday, June 30, 2009
Impressionist & Modern Art Evening Sale with Specialists Helena Newman and Alexander Platon [Video; Sotheby's]
Contemporary Art Evening Sale with Specialists Oliver Barker, Cheyenne Westphal and Alexander Branczik [Video; Sotheby's]
En garde! Rival houses offer Picasso musketeers
[Reuters]
Can Buying Impressionist Art Make You Happy? [Wall Street Journal]
Christie’s Resumes Cutting Jobs After May N.Y. Auctions Decline [Bloomberg]
Battle of the Picasso paintings [TelegraphUK]
London Sales Estimates Down 70 Percent From Last Year [Artinfo]
Warhol, Prince Works Fail to Save Art Sales From 70% Decline [Bloomberg]
After Basel, Dealers Have High Hopes for London Sales [Wall Street Journal]
Artworks by Goya, Fragonard, David and Turner for Sotheby’s July Old Master Paintings Auction [Art Auction Publicity]
Christie’s Post-War & Contemporary Art Auction Expected to Take £20 million [Art Auction Publicity]
Doig painting of Canadian childhood could fetch $3 M [Montreal Gazette via Art Market Monitor]
Duchamp, Miró, Marc, Monet and Picasso Highlight Christie’s Auction of Impressionist and Modern Art [Artdaily]
London Contemporary Art Auctions [The Art Collectors]
Phillips de Pury & Company Announce Highlights of the Forthcoming London Contemporary Art Sales [Artdaily]
Picasso, Monet and Giacometti, for Sotheby’s Sale of Impressionist & Modern Art [Art Auction Publicity]
Sotheby’s London Contemporary Art Evening Sale to Present Three Rare Andy Warhol Paintings [Artdaily]
The art market: Picasso endures [Financial Times]
Art Market Watch [Artnet]
Read More »