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NEWS

NYT Notes Generation Gap in Online Art Sales

June 9th, 2020

As art sales go online, the NYT notes an increasing generation gap, with older buyers tapering off their purchases and younger buyers continuing to collect. “The resistance from older collectors is still there,” says Anders Petterson, founder of analytics firm ArtTactic.  “When there is no physical art world, how do you substitute that experience?” he added. “Younger people are a lot quicker to adapt.”
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Unrest Over Killing of George Floyd Forces Museums to Address Institutionalized Racism

June 9th, 2020

A piece in the New York Times charts pressure on institutions to address problems of systemic racism and injustice in their organizations, collections and programs, following the social unrest caused by the killing of George Floyd at the hands of the police.  “I do not think art museums have done enough,” says Chris Anagnos, executive director of the Association of Art Museum Directors. “We have dabbled around the edges of the work, but in our place of privilege we will never live up to the statement that ‘museums are for everyone’ unless we begin to confront, examine and dismantle the various structures that brought us to this point.”
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Art Basel Cancelled

June 9th, 2020

Art Basel has completely cancelled the 2020 edition of its fair in the Swiss town, after an attempt to move the fair’s dates to September.  “While there are signs of hope as individual countries are coming out of lockdown, the global situation remains precarious, and, unfortunately, too many uncertainties remain to go ahead with the fair,” the organization said in a statement. “These include the health risks posed by large gatherings, the limitations on intercontinental travel, and the unclear Swiss regulatory environment for shows of Art Basel’s size. Given these uncertainties, we believe that the best option concerning the Basel show is to focus on next year’s edition and delivering a fair of the exceptional international quality that the artworld expects.”
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REFERENCE LIBRARY

Banksy


Always Hope, Banksy, via Banksy Official Website

Details of Banksy’s life remain to be completely confirmed – though exhaustive efforts have been undertaken by various sources to nail down this street artist’s identity. What is certain is that Banksy was born and raised in England, has worked with various crews of grafitti artists since he was a teen, and currently maintains, paradoxically, a high-status anonymity in both the art world and the public’s imagination.


Flower, pictured here with construction workers, Banksy, via Banksy Official Website

In an effort to dodge street police, Banksy adopted innovative stencils to create his now-signature works. They allowed for much faster application on public surfaces that have included the walls of zoos, hospitals, tunnels, and otherwise unremarkable locales. However in recent years, he has also traveled around the world, gaining international attention with tags in various countries, including the controversial West Bank territory.


Have a Nice Day, political image using iconic smiley face, Banksy, via Banksy Official Website

His work incorporates satire, images of animals, small children, British references of Royal Guards and Queen Victoria, anti-war messages, riffs on classic paintings, etc. Sneaking into famous museums like the Metropolitan in New York and the Louvre in Paris to personally hang up his works is one well-known Banksy stunt.


Maid, Banksy, with his wall-exposing illusion,  via Datscool

Banksy has, however, had gallery showings of his work, and the artist has taken on commercial projects, like the design of Blur’s album cover. Celebrities such as Christina Aguilera and Angelina Jolie have purchased his pieces for sums of up to approximately $500,000, while other works consistently sell at high prices through venues, including Sotheby’s. His art has accumulated so much value that owners of walls with his graffiti have actually auctioned them off to the highest bidder.


Image of rat found in Austria, Banksy, via Graffiti


Monkey image with the artist’s signature in the corner, Banksy, via Daily Mail

Regardless of Banksy’s much-contested value as an artist, his influence on the boom of street art in both the fine arts market and contemporary culture cannot be denied. The artist displays his drawings and “indoor” works on his website, Banksy.co.uk, and also offers published books of his art.


Queen Victoria canvas, Banksy, purchased by Christina Aguilera, via Luxist


Pissing Guard, in England, Banksy via Current

Banksy Books: