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Portrait of Geoff Dyer Talking, Francis Bacon (1966) at FIAC, Paris

If Frieze opened willing to court the unavoidable media speculation about sales or the lack of them: FIAC, and the exhibitors it houses this year, have in the early stages proved characteristically reticent. Not to mention laconic. At least on the surface. This morning there was little sign that much of Paris and beyond would descend on the Grand Palais and the Cour Carrée du Louvre at noon.

The show is comprised of works by 63 artists, with some pieces showing publicly for the first time. The sweeping comprehensiveness of the exhibition allows for a juxtaposition of artists rarely seen. Paintings by Claude Monet accompany those by Cy Twombly and Paul Signac. Cubist Georges Braque brings the cartoons of Jean Dubufett into sharper relief. Included are Paul Cézanne and Abstract Expressionists Mark Rothko and Sam Francis, in an exhibition that shows even the pop art of Andy Warhol and the Surrealist paintings of Salvador Dalí.

Ferdinand Hodler, “le Grammont,” at Fondation l’Hermitage. Image courtesy of the museum.

Yves Klein, “ANT 20,” at Fondation l’Hermitage. Image courtesy of the museum.

Initially founded in 1984 with the Bugnion Family collection, Fondation l’Hermitage now boasts over 600 works, shown in rotation along with its temporary exhibitions. The Fondation is also home to a collection of 12th-19th century Chinese porcelain, donated by the Vergottis Foundation and on permanent display in its underground space.

René Magritte, “La Ruse Symétrique,” at Fondation l’Hermitage. Image courtesy of the museum.

Paul Klee, “Felsenlandschaft,” at Fondation l’Hermitage. Image courtesy of the museum.

Edgar Degas, “Danseuses (Danseuses au repos),” at Fondation l’Hermitage. Image courtesy of the museum.

– R. Fogel

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]

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Martin Kippenberger’s ‘Untitled’ via Sotheby’s sold for $4.1 million, falling within estimates of $3.5-4.5 million and setting a new record at auction for the artist.

Sotheby’s Post-War and Contemporary Art Evening Sale resulted in another disappointment for the beleaguered auction house following last week’s thin Impressionist and Modern Art sales. Total sales were estimated at $51.8-72.4 million for 49 lots, but the total came up short at $47 million, with 9 lots failing to sell. However, the auction is not viewed as disastrous, considering Sotheby’s put very little money up front, and the star of the show, a Jeff Koons sculpture from his ‘Celebration’ series, did manage to sell, unlike at last week’s auction.  However, ‘Baroque Egg With Bow (Turquoise/Magenta)’ fell short of its $6 million low-estimate, selling for $5.4 million to Larry Gagosian.  The piece was put up by hedge fund manager Daniel S. Loeb, who originally bought it from Gagosian in 2004 for what is believed to be around $3 million.

While the dollar amounts were nothing compared to a year ago, the auction did sell 81.2% of its lots, with 78.1% of total value realized. Still, the auction comes on the heels of Sotheby’s 1st quarterly earnings report, posting a loss of $66.7 million with the market looking tepid for some time to come.

Sotheby’s Sale Fails to Meet Low Expectations [WSJ]
In ‘a Recalibrated Market,’ Auction Buyers Take Over [NY Times]
Bidders respond to lower prices for contemporary art [Reuters]
Sotheby’s Contemporary Sale Solid but Subdued [ArtInfo]
Loeb Sells Koons Egg for $5.5 Million at Sotheby’s in New York [Bloomberg]
Sotheby’s Tax Benefit Offsets Average Daily Loss of $1 Million [Bloomberg]
Sotheby’s shares tumble after weak auction [Crain'sNewYork]
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BMW Art Car designed by Frank Stella

First commissioned by the company and racecar driver Herve Poulain in 1975 and completed by the likes of Andy Warhol, Robert Rauschenberg, Roy Lichtenstein, and Alexander Calder, BMW’s art cars have toured the world and featured in exhibitions in the most renowned museums and public spaces worldwide. The Los Angeles County Museum of Art currently hosting four of the sixteen cars as an installation through February 25th, including Warhol’s Black and White Disaster, Stella’s Getty Tomb, Lichtenstein’s Cold Shoulder, and Rauschenberg’s print, Booster.

They will be on display as an installation at the BP Grand Entrance, an admission-free area, and will also feature rare, behind-the-scenes footage of Frank Stella and Robert Rauschenberg discussing their inspirations and influences in creating their cars, Warhol building his car, and Herve Poulain, the racer and initiator of the Art Car Project.

Poulain first approached BMW in 1975 with the idea of using his car as a canvas. A few months later, the race car driver and BMW commissioned Alexander Calder to create the first car. The most recent cars were done by David Hockney, Jenny Holzer, and Oliafur Eliasson, with a seventeenth under consideration by the German carmaker. The company uses a panel of prestigious judges culled from all over the art world to select the artists who will conceive and paint the cars.

Following their stint in Los Angeles, the Art Cars will be on display in New York at Grand Central station starting March 24th, and will continue to make pit stops through 2010.

BMW Art Cars [LACMA]
Four wheel art appreciation [W Magazine]
Art that moves [Telegraph UK]
BMWs and Beyond [ArtInfo]
LACMA Hosts Four BMW Art Cars by Warhol, Stella, Lichtenstein, and Rauschenberg [ArtDaily]
Snippets of footage of the artists creating and discussing the cars [MetaCafe]

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Alexander Calder, Josephine Baker IV (1928) via Artnet

Alexander Calder: The Paris Years, 1926-1933 at the Whitney Museum showcases Calder’s works of portraiture, video, and figuration that are seldomly giving such widespread recognition.  Molding from industrial steel wire, Calder’s figures range from toast-of-the-town 1920s dancer Josephine Baker to tennis champion Helen Wills to John D. Rockefeller playing golf.  One of the highlights of the show comes by way of Jean Painlevé’s 1955 film “Le Grand Cirque Calder 1927,” in which Calder introduces his figures one by one while manipulating them through low-tech mechanics to animate their activities. This performance drew savvy audiences including many vanguard types like Jean Cocteau, Marcel Duchamp and Piet Mondrian and can be viewer here. The Whitney has the largest body of work by Alexander Calder in any museum and is the exclusive venue for this landmark exhibition, co-organized with the Centre Pompidou.

Calder At Play: Finding Whimsy in Simple Wire [NYTimes]
Video of Calder performing the “Circus” from a 1955 film by Jean Painleve [Youtube]
Alexander Calder: The Paris Years, Exhibition at the Whitney Museum [DesignBoom]
Animalism by Charlie Finch [Artnet]
Alexander Calder: The Paris Years 1927-1933 [Whitney Museum of American Art] (more…)

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Baroque Egg with Bow (2006), Jeff Koons via Gagosian

New York art magnate Larry Gagosian brings an eclectic mix of avant-garde art to Moscow in his new show, For What You Are about to Receive. Entitled in spirit of the Bolshevik revolution, “Red October” is the name given to the former chocolate factory in which Gagosian Gallery will showcase over 100 works by approximately 50 post-war artists. Never-seen works by Jeff Koons, Anish Kapoor, Cy Twombly, Richard Serra, and Edward Ruscha will be included in addition to works by Roy Lichtenstein, Alexander Calder, Alberto Giacometti, Takashi Murakami, Aaron Young, and Yayoi Kusama. A statement by the gallery maintains that the exhibition, “investigates the twin pillars of twentieth century art: the readymade and pure abstraction, reflecting on the sublime through a self-conscious engagement with material and process.” For What You Are about to Receive is Gagosian’s second showing in Moscow, following an auspicious exhibit at Barvikha Luxury Village one year earlier. The show also inaugurates “Red October” as a new contemporary arts center in Moscow, however, Gagosian denies inquiries about opening a permanent establishment in the city.

Gagosian Plans Moscow Show in Former Chocolate Factory [Artinfo]
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For What Your Are About to Receive [Gagosian]
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Gagosian To Host Second Moscow Exhibit [NYSun]
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Gagosian Gallery in Moscow [Artnet]

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