Kirsten Dunst on the set of a production by Takashi Murakami in collaboration with McG via aarting

Tate Modern’s “Pop Life: Art in a Material World,” features a video that is a collaboration between McG – famous Hollywood director, and Murakami – Japan’s king of pop art: starring actress Kirsten Dunst on the streets of Akihabara in Tokyo for “Turning Japanese” by rock band The Vapors [The Wall Street Journal]
A 1984 work by Chinese artist Li Keran sold for $940,000, the most for a print at a Hong Kong auction, where bidding led by mainland buyers has taken many prices several times above estimates [Bloomberg]
Sotheby’s Asia sales in Hong Kong revealed that demand for Chinese paintings, while firm, is mixed; as the market is still vulnerable, less pricey, quality pieces were the ones to realize numbers higher than their estimates [Reuters]
Works including those by Renoir, Pollock, Degas and Rembrandt stolen from the home of a retired Harvard Medical School professor and collector, and his business partner; only authentic pieces were taken, leaving behind impeccable reproductions [Boston Globe via Art Market Monitor] in related Uncooperative and unable to produce evidence that the stolen art existed, Angelo Amadio and Dr. Ralph Kennaugh, become suspects of the theft to which allegedly they are victims [ArtDaily]

Tracey Emin via Guardian UK

Discouraged by British government’s top rate tax, Tracey Emin threatens to abandon England for France where she claims the politicians understand the importance of supporting culture and art [Guardian UK] in related At the London’s Frieze Art Fair, in the booth of New York’s Lehmann Maupin Gallery, Tracey Emin, known for her confessional artwork, is offering to make customized artworks based on answers to fifteen personal questions [Artinfo]
Fanjul paintings nationalized by Cuba in an exhibit in Museo del Prado in Madrid involve legal consequences as the Museum is being investigated by the US department of state for illegal trafficking of a work of art owned by US citizen confiscated by Cuban government [The Art Newspaper]
Turner Prize exhibit at Tate Britain in London this time startles the viewers with the lack of now expected blood, outrage and other shock factors [Bloomberg]
The Bloomberg administration makes an announcement of its plan to give nonprofit cultural groups access to gallery and theater space in city owned properties and help artists develop business plans [Crain's Business]

Donald Judd concrete constructions in Marfa Texas via Hip-Ster-Krit

6 of 15 concrete constructions built by Donald Judd in Marfa Texas required repair and conservation work, October 10th the works will once again be open to the public [Artinfo]
A look at the Chinese Gao brothers who are shocking their country with brave, politically challenging art works, such as a life-size sculpture of Mao whose body is only reunited with his head on ‘special occasions’ [The New York Times]
When most artists’ prices are decreasing in a recession, a few go up: Italian Maurizio Cattelan is one of those who thrive in the tough economic times, an analysis of his work reveals some truths on the variables of the art market [The Economist]

Damien Hirst posing in front of his work via ARTblog +

A portrait of Damien Hirst built through an interview: his influences, unusual artistic paths (such as painting) and mediums to come, and a subjective depiction of the artist’s personality [Times Online] in related Hirst tells BBC that he will not be producing large scale installations and will rather concentrate solely on painting by applying oil to the canvas with his hands, something he has been secretly doing these recent years [BBC] and in related the FT reports that Hirst lays off much of his staff, closes two studios and is actually making paintings himself; while the galleries give no comments on the unsold works worth millions [Financial Times]
As art fairs struggle to retain exhibitors, a new modern and contemporary fair in Abu Dhabi signs up forty-eight names, including PaceWildenstein, Gagosian, Acquavella and White Cube [Lindsay Pollock] related 50 paintings from the New York Guggenheim Museum to be shown in Abu Dhabi [Arts Abu Dhabi]

‘Fuego Flores’ by Jean Michel Basquiat via Auction Publicity

Sotheby’s October Contemporary Art Auction, estimated to realize in excess of £9 million, will include works by leading artists, such as Jean-Michel Basquiat, Anish Kapoor, Andy Warhol, Chris Ofili, Damien Hirst, Gerhard Richter, Antony Gormley and Yan Pei-Ming [Auction Publicity]
Following in the footsteps of Anselm Kiefer and Toni Morrison, Umberto Eco has been named the next guest curator at the Louvre; the show “Vertige de la Liste” (Vertigo of Lists) will revolve around his chosen theme “the list” [Artinfo] in related news, talks are underway to open a McDonald’s restaurant and a McCafé at the Louvre next month [Telegraph]
An art dealer from Stockholm, Sweden has been accused of faking works by heavyweight modernists including Georges Braque, Alberto Giacometti, Edvard Munch, and Egon Schiele [Artnet]

Child of lonely – performance by Terence Koh October 6 at Thaddaeus Ropac Gallery, Photo Olivier Zahm via purple DIARY

Terence Koh prepared his first solo show at the Parisian gallery Thaddaeus Ropac, which takes a form of an imaginary opera in eight acts, the first act taking place October 6, 2009 [The Art Newspaper]
The four artists shortlisted for Turner Prize 2009 are: Enrico David, Roger Hiorns, Lucy Skaer and Richard Wright; the winner is to be announced December 7th [Turner Prize 2009]
Jerry Saltz writes about new galleries emerging despite the economic crises, provides a list of new galleries to see and comments on the effects of the recession on the female artists [New York mag]

The current state of the building to house Sperone Westwater and the computer rendering of it via Lindsay Pollock

A concrete foundation is rising at the site of the future Sperone Westwater gallery designed by the British architect Sir Norman Foster on the Bowery; the 10 story building will rise only one block away from New Museum [Lindsay Pollock]
As opposed to expanding outside their home in LA, Tim Blum and Jeff Poe open a new 21,000 square foot space conveniently located in front of their existing gallery on South La Cienga Boulevard, Los Angeles [Los Angeles Times]

Jacket designed by JR via The World’s Best Ever

A jacket from JR’s Face2Face Project comes in a limited edition of only 100 [The World's Best Ever] in related A video interview with JR in Paris about his project Women are Heroes, which allows the viewers to call a number and hear an interview with one of the chosen women for the project [Vernissage TV]
An interview with Dasha Zhukova that notes her easy acceptance in the art world [Guardian UK]
28 as opposed to 40 exhibitors had pulled out of the Frieze Art Fair, yet despite the equally disappointing numbers, many lesser known, but in no way inferior galleries, will get a shot at the famous art fair [Telegraph]

Miranda July via Vice

Miranda July creates a series of photographs to imitate and bring attention to the extras in iconic movies [Vice]
An Italian professor, Dr Seracini, has been working on technology that can enable the search for the largest painting Leonardo da Vinci ever painted – The Battle of Anghiari, a work he believes to be hidden underneath the frescoes in Florence’s Palazzo Vecchio [The New York Times]
MoMA received an unexpected gift this month – an estate, estimated to be worth more than $10 million, belonging to the late Michael H. Dunn, a bachelor from Derby, Vermont [The New Yorker]

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Installation view of Anish Kapoor’s work at the Royal Academy of Arts in London via BBC

Anish Kapoor, the first living artist to exhibit at the Royal Academy of Arts in London, installs a work that shoots red paint to the walls of the famed 18th century building [The Wall Street Journal]
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Jeff Koons to be the curator of the New Museum show of Dakis Joannou’s collection, including works by Maurizio Cattelan, Urs Fischer, Robert Gober, Chris Ofili, and Jeff Koons himself [The New York Times]
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Russia’s biggest contemporary-art fair opened September 23, 2009 in Moscow to coincide with Third Moscow Biennale of Contemporary Art [Bloomberg]
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Donald Fischer, founder of Gap and art collector, loses his battle to cancer at 81; his collection will be permanently housed at San Fransisco Museum of Modern Art [San Francisco Chronicle]
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Artist Ed Ruscha stars in a film by video artist Doug Aitken to be projected as installation entitled “Frontier” on Tiberina island in Rome [The Art Newspaper]
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Andreas Gursky, his works and Pop influences, mainly Warhol’s, as analyzed in the Economist conclude “99 cents II (Diptych)” as the artist’s most important piece [Economist]

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Ryan McGinness via J. Crew

Last summer painter Alex Katz modeled clothes for J. Crew catalog; this year seven New York artists, including Ryan McGinness and Vito Acconci, are featured [J.Crew]
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Tate Modern to recreate a 1992 exhibition that took place in New York’s Leo Castelli and was criticized as racist; 15 years later Tate curators appropriate the show as a part of a bigger Pop Life: Art in a Material World exhibit and hope for a different reaction [The Independent]
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A Sigmar Polke painting, Untitled – Oil on Drape (1969), stolen directly from the artist’s atelier, the police deliberates the thief could only be someone with access to the space [Artforum]
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Frieze Art Fair 2009 announces the details of its sculpture park, in London’s Regent’s Park; “Henry Moore Bound to Fail” by American artist Paul McCarthy is to remain on display for six months [Frieze Art Fair]

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Guggenheim Museum Art Award via The New York Times

Louise Bourgeois, Urs Fischer, Dan Graham and Mary Heilmann are among the select individuals nominated for the First Annual Art Awards Guggenheim Museum announced this week [The New York Times] In related, the Frieze Art Fair announced the call for entries to The Cartier Award 2010 [Art Review]     
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Results from Sotheby’s mid-season Contemporary Art Sale details at Art Market Monitor [Sotheby's]
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The British Arts Council and the London 2012 organization announce Anthony McCall as a finalist in their nationwide initiative to commission public art in celebration of the upcoming Olympics. McCall has proposed a 1,5 mile earth sculpture in the form of a simulated vertical cloud in Liverpool [ArtInfo]
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A detailed survey of Contemporary-Art Auction values in the midst of economic crises as influenced by several variables, show a significant decrease [Bloomberg]
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65 year old Jehuda Reinharz, President of Brandeis University- home to Rose Art Museum housing works by artists such as Warhol and De Kooning, is to resign [Los Angeles Times]

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Sophie Calle photographed by Yves Geant via Guardian UK

France’s conceptual artist Sophie Calle’s path to art world recognition as examined through a personal perspective: stripping, spying, sleeping, “seducing her father” all turned into artistic practice [Guardian UK]
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At Westminster Cathedral, British painter Peter Doig is to create a new installation to coincide with a concert from the British pianist Stephen Hough whom he met after a recital in London in 2008 [Art Review]
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Two new co-directors, both previously with Art Basel, promote this year’s Art Forum Berlin to attract some of the city’s big name art galleries, among which: Max Hetzler, Johann König, Klosterfelde and Neugerriemschneider [Financial Times] and here is some video of the event [Vernissage TV]
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60 Galleries are not returning to Art Basel Miami Beach, but 65 new ones are added, hence the fair grows in quantity [Lindsay Pollock]

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Picasso’s sketch to be auctioned via Guardian UK

Picasso’s sketch that must have taken seconds to produce is expected to sell for more than £20,000 at Duke’s auction [Guardian UK]
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Christie’s “First Open” Post-War and Contemporary Art sale brings in good results, appealing to many buyers while providing a wide range of pricing and themes [Art in America]
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Christie’s Frieze exhibitions and auctions dedicated to Post-War and Contemporary Art will include works by artists such as Lucio Fontana, Damien Hirst and Gerhard Richter [ArtDaily]
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Museum of Contemorary Art in Los Angeles raises $60 million since December 2008 when it had revealed its financial troubles [Culture Monster]
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Annie Leibovitz and Damien Hirst to design for Louis Vuitton [Elle UK]

From the Sigmar Polke show, “The Editions,” at  Museum Ludwig.

Through September 27, Cologne will be home to the humor, irreverence, painstaking technique and meticulous renderings of Sigmar Polke’s “Editions.”  Museum Ludwig is showing an exhibition of the collection, donated in large part by Cologne collectors Ulrich Reininghaus and Anna Friebe-Reininghaus in 2008.  Curated by Julia Friedrich, the show also includes rare prints and re-workings.

Related links:
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Museum Ludwig
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Sigmar Polke – Profile [artfacts]

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Sigmar Polke’s “Ohne Titel [Griffelkunst],” part of “The Editions,” at Museum Ludwig.

more images and story after the jump…

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Gerhard Richter’s Overpainted Photograph via Artnews

The practices of Photorealism and Abstraction have merged in the work of Gerhard Richter since 1989.  300 works in series and individual pieces from Richter’s personal collection are currently being shown at the Fundación Telefónica in Madrid.  Richter’s work is difficult to pin down.  He has moved from one medium to another and has examined a variety of stylistic patterns.  It is by dragging personal photos, that did not find home in his albums, over wet paint that overpainted photographs are created.  The exhibition is at Fundación Telefónica through August 30, 2009.

Related Links:
Gerhard Richter at Fundación Telefónica [Artforum]
Fundación Telefónica Presents Gerhard Richter’s Overpainted Photographs [Art Daily]
Gerhard Richter biography [Gerhard Richter]
Fundación Telefónica [Fundación Telefónica]

Kerze III, Gerhard Richter via Artforum

More text and pictures after the jump…

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Installation View “As Long As It Lasts” via Marian Goodman

Through August 28, the Marian Goodman Gallery will be showcasing works by 14 artists throughout different generations in “As Long As It Lasts.”  The show, curated by Tom Eccles, takes its title from a work by Lawrence Weiner, and features artists such as Oliver Babin, Johanna Billing, Pierre Huyghe and Thomas Struth.  When these pieces are “seen in the context of one another, ruminate on the transitory nature of life, the contemplation of morality, impermanence and immanence of death.” The pieces span various mediums from sculptures, paintings and drawings to photography and film installations.

As Long As It Lasts [Marian Goodman]

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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] (more…)

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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Ben Lewis BBC reporter for ‘The Great Contemporary Art Bubble’ via The Age

A video player of the BBC documentary: ‘The Great Contemporary Art Bubble’ which, though scathing, gained extraordinary access to collectors such as Adam Lindemann, Aby Rosen and the Mugrabi’s.  Of note is that the documentary filmmaker Ben Lewis actually admits to being the source that leaked White Cube’s unsold inventory prior to the famous Damien Hirst Sotheby’s Auction of 2008 [BBC]

The Guggenheim Museum via Guggenheim.org

The Guggenheim Museum celebrates its 50th anniversary with an exhibition on Frank Lloyd Wright [NYTimes]
The Wall Street Journal calls a possible art price floor based on NY Spring auction activity being the “smallest in 5 years” [Wall Street Journal]
A lawsuit is filed against Christie’s over $3.2 million accepted bid alledgedly made after another accepted phone bid [Bloomberg]
On the austere outlook for recent art school graduates [Financial Times]

Supermarkets censor Manic Street Preachers album cover by Jenny Saville [BBC]
On Art in America owner Peter Brandt’s new exhibition space / festivities at his Greenwich estate [Art Forum]

A digital rendering of Karl Haendel’s ‘Scribble’ on 441 Broadway via NY Times

Art Production Fund sponsors a by-hand, massive “scribble” (on wall once used by Banksy) on Howard Street in Soho, New York [NY Times]
An article on the effect at auction of the duration of artists’ careers as well as how prolific they are [NYMag]
The Museum of Contemporary Art in LA cuts four exhibitions and 17 more jobs [LATimes]
The Fine Art Fund Group sets up to bid on 2 corporate art collections worth up to $65 million and holding works by Picasso and Cindy Sherman [Financial Times]

Maria Baibakova via WWD

24-year old Russian Heiress Maria Baibakova is launching new contemporary shows in Moscow [WWD]
The Obama family redecorates the White House with works by Jasper Johns,Richard Diebenkorn, Jasper Johns and Robert Rauschenberg [Wall Street Journal]

Deitch Projects director Nicola Vassell in her Soho loft via NYMag

On the salon-like atmosphere at Deitch Projects director Nicola Vassell’s Soho, New York apartment [NYMag]
Steve McQueen has lunch with the FT, speaks on his film ‘Hunger’ and the Venice Biennial [Financial Times]

The Museum Brandhorst in Munich via Cubeme.com

Munich’s Brandhorst Museum opens, housing works by Joseph Beuys, Bruce Nauman, Damien Hirst and Gerhard Richter [The Art Newspaper]

A trip photo by Rita Ackermann in Marfa via Blackbook

Rita Ackermann documents her artist in residence in Marfa, home of Donald Judd’s Chianti Foundation [BlackBook]

101 Spring Street, the former home and studio of artist Donald Judd in Soho, New York

In related, the Judd Foundation will restore 101 Spring Street, a cast iron building that was the home and studio of artist Donald Judd. [ArtDaily]

The artist Dash Snow in his Bowery Studio via the Fashionisto

Artist Dash Snow profiled in Muse Magazine [Muse]
Nearly 11,000 people have applied to be part of Antony Gormley’s interactive sculpture on London’s Fourth Plinth, to run from July to October [Independent]
‘Sold Out,’ the original title for ‘The Warhol Effect,’ the Tate Modern’s autumn show featuring Hirst, Koons and Haring , was rumored to have been vetoed by one of the artists due to its double meaning [GuardianUK]
Damien Hirst is the Art Curator for ‘Boogie Woogie,’ a new fictional film on the inside of the art world [TimesUK]
And Hirst opens a show of his work in Prague [RadioPrague]

The Torment of Saint Anthony, reportedly by Michelangelo

The Kimbell Art Museum in Fort Worth, Texas purchases what it believes to be Michelangelo’s first painting, which he completed when he was 12 or 13 years old [DallasNews]
The Hermitage and the State Russian Museum are accused of tax evasion by the Federal Tax Police [The St. Petersburg Times] via ArtinAmerica

The Art Institute of Chicago’s Modern Wing via ArtInfo

The 264,000 square foot Renzo Piano designed Modern Wing of The Art Institute of Chicago opens, making the museum the second largest in the US [ChicagoTribune]
A £3 million, 2-ton Henry Moore sculpture stolen in 2005 was most likely melted down and sold for £1,500 worth of scrap metal [GuardianUK]
President Sarkozy will attend the groundbreaking ceremony for the controversial Louvre in Abu Dhabi [ArtNewspaper]

Richard Prince’s ‘After Dark’ Tapestry on the Hong Kong Museum of Art via Wallpaper

Richard Prince covers the Hong Kong Museum of Art in pulp-fiction novel covers to commemorate the exhibition “Louis Vuitton : A Passion for Creation” [ArtDaily]
In related, with a 31% attendance increase and strong sales, the 2nd Hong Kong International Art Fair is deemed a success [HongKongArtFair]

The New home of Hauser and Wirth New York at 32 East 69th Street via ArtInfo

Gallerist David Zwirner will open a new gallery in Shigeru Ban’s Metal Shutter House on West 19th Street and, uptown, Hauser & Wirth New York (following last month’s debut of Swallow Street, its London exhibition space for emerging artists) will open an Annabelle Selldorf-designed space in the building that was formerly occupied by Zwirner and Wirth on 32 East 69th Street [ArtReview]
The Albion Gallery in London closes in bankruptcy [Artinfo]
Roughly 25 out of 388 galleries in Chelsea have closed but at least 10 new galleries have opened, with more are on the way [Crain's]

Lesende (1994) by Gerhard Richter, via The National Portrait Gallery

Gerhard Richter Portraits currently at the National Gallery in London is the first major exhibition devoted to one of the greatest living painters. The selection of works date from the 1960s to the present including important early black and white paintings made by looking at magazine photographs, private snapshots, and a special installation of his renowned series 48 Portraits featuring images of modern culture heroes such as Wilde, Mann, Kafka, and Stravinsky.

RELATED LINKS
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Exhibition Page[National Portrait Gallery]
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Murdered Aunt, Ghostly Nude Star in Gerhard Richter Exhibit [Bloomberg]
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Photos and Fantasy: Gerhard Richter’s Portraits[The Independent]
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Groundbreaking Exhibition of Portraits by Gerhard Richter opens at the National Portrait Gallery UK [Artdaily]
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The Painted Illusions of Gerhard Richter [The Guardian]
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Faces from an Abstract Life [FT]
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Currently on view at Sotheby’s New York for the first time and for a short time only is a selection of works from the collection of Steven and Alexandra Cohen.  The exhibition consists of twenty pieces by masters of the modern period, such as Picasso, de Kooning and Warhol, and leading contemporary artists, dealing with women as subject matter.   Other artists represented in Women are: Edvard Munch, Paul Cézanne, Henri Matisse, Amedeo Modigliani. Robert Rauschenberg and Susan Weil, Yves Klein, Gerhard Richter, Cindy Sherman, Lucian Freud, Richard Prince, Marlene Dumas and Lisa Yuskavage.

Sotheby’s New York
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Women: A Loan Exhibition from the Collection of Steven and Alexandra Cohen
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1334 York Ave, New York,
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10th floor
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April 2 – April 14, 2009

RELATED LINKS

Exhibition Page and Press Release [Sotheby's]
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NY Times Carol Vogel Previews the Exhibition [New York Times]
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Steven Cohen’s Rise as a Collector [The Independent]
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MAO Critiquing Cohen’s Motives [MAO]
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NY Mag Examines Cohen’s Motives [New York Magazine]
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The Exhibition in the Light of the Art Market [Wealth Bulletin]
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Speculations on the Exhibition [ArtForum]
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Speculations on the Exhibition II [ArtInfo]
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Speculations on Cohen’s Motives [Bloomberg]
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Exploring Cohen’s Motives [Luxist]
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Preview of the Exhibition [Bloomberg]

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Frau mit Schirm / Woman with Umbrella (1964) by Gerhard Richter

Following shows at London’s Serpentine Gallery and the National Galleries in Scotland, Gerhard Richter’s work is being featured at the National Portrait Gallery in London, in his third exhibition in the United Kingdom in the last year. Gerhard Richter, 76, is considered one of the world’s most prominent living painters, and has been a fixture of global contemporary art since the mid-1960s.

Portraits focuses on Richter’s trademark portraits, which are actually painted from photographic prints, news clippings and other sources. The sources are never reproduced in exact detail, and are transformed under Richter’s brush into something more ethereal and abstract. This quality is achieved by blurred lines, both literal and figurative: the portraits’ subjects range from the intimate and personal to the historical and public–often intertwined.

Tante Marianne, from 1965, appears to be an innocuous portrait of a teenage girl and a baby. However, the viewer soon learns that Marianne, Richter’s aunt, was schizophrenic and perished as part of a Nazi drive to euthanize the mentally ill.  Herr Heyde, also from 1965, is recreated from a news clipping of the trial of the Nazi neurologist who was behind the mass euthanization and other atrocities.  However both portraits manage to convey a sense of detachment from its subjects and their context, despite being their being an exploration of ostensibly loaded personal and national narratives.

In fact, Richter proudly and intentionally attempts to strip all narrative from his paintings. Frau mit Schirm appears to be a reproduction of an anonymous woman caught barely suppressing an unidentified but overwhelming emotional reaction.  Almost unrecognizable, the image is of Jacqueline Kennedy moments after the assassination of her husband. With the narrative removed, the image becomes ghostly and almost inpenetrable;  once the narrative is reintroduced, it creates a tension between what the viewer feels it should elicit and the presentation offered by Richter.

Portraits will be on display until May 31st.

Artist Page: Gerhard Richter 
Exhibition Page: Gerhard Richter Portraits at National Portrait Gallery 
Murdered Aunt, Ghostly Nudes Star in Gerhard Richter Exhibit [Bloomberg]
Photos and fantasy: Gerhard Richter’s portraits [The Independent UK]
Gerhard Richter at National Portrait Gallery, London [The Times of London]
Faces from an abstract life [Financial Times]

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Stacked (1988) by Jeff Koons; Sold for £2,841,250 ($4,136,939) against estimates of £2,200,000 – £3,200,000 ($3,215,434 – $4,676,995). Image via Artnet.

Sotheby’s contemporary art evening sale concluded this week’s auctions on a high note, as 25 of 27 lots by Lucio Fontana, Andy Warhol, Gerhard Richter, Jeff Koons and Damien Hirst, among others, were sold to collectors taking advantage of the art market’s price correction. The auction attracted relatively brisk bidding on several of the lots on offer, with over 200 clients registering to participate in the auction.

The sale realized a total of £17,879,250 ($25,785,250), solidly within the estimate of £16.5-23.1 million, selling 92.6% by lot–one of the highest ever achieved for a February contemporary art auction at Sotheby’s–and 90.7% by value. 24% of buyers were from the US, with 48% European, 12% Middle East, and 16% Asian being the breakdown for the remainder.

The lot featured on the catalogue cover, Concetto Spaziale by Lucio Fontana, was the highest priced lot, although it sold for £4.4 million ($6.4 million), or 12% below its £5 million ($7.3 million) low estimate. The painting is part of the 22-piece Venezia series, conceived and executed in 1961 by Fontana, widely considered to be Italy’s foremost post-war artist. While the lot was bought below the low estimate, it still set a record for a painting from the Venezia series. It was bought directly from the artist shortly after its execution and resided in a private collection for over 45 years, never shown in public during that period.

Successful auction sales calm jittery art market [Financial Times]
‘Rediscovered’ art fetches £4.4m [ BBC]
Koons, Fontana Works Sell in Smaller London Art Sale [Bloomberg]
A Svelte Sale Yields Positive Results at Sotheby’s [ArtInfo]
Sotheby’s February 2009 Contemporary Art Evening Sale Achieves $25,785,250 [Art Daily]

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Abstraktes Bild 809-3 (1994) by Gerhard Richter, via the Tate

Under a program called “Artist Rooms,” the British public (and anyone visiting the United Kingdom) will be able to enjoy a large and diverse collection of contemporary art, including works by Joseph Beuys, Jenny Holzer, Cy Twombly, Andy Warhol, Robert Mapplethorpe, Diane Arbus, Gerhard Richter, Gilbert and George, Damien Hirst and other prominent and influential artists ranging from the immediate postwar period to the present.

The works originally belonged to Anthony d’Offay, one of contemporary art’s most powerful dealers and collectors. d’Offay relinquished his 725-piece collection worth £125 million to the British and Scottish governments; the dealer effectively sold his collection to the governments for £26.5 million, far below market value . The collection was then transferred it to the National Galleries of Scotland and the Tate.

The works are set up in a series of 50 rooms featuring 25 artists, located at 18 galleries and museums throughout the United Kingdom, in an ambitious effort to broaden the audience and geographical reach of contemporary art. Sir Nicholas Serota, head of the Tate, expressed the hope that the show could be kept on the road indefinitely(as reported last February by Art Observed here).  The Art Fund, an arts charity, is working in conjunction with the Tate and the National Galleries of Scotland, and has pledged £250,000 a year to help keep the “permanent tour” going.

“Artist rooms” marks the first time a national collection is being shown simultaneously across the UK, and the first room will open on March 2nd, 2009 at the Tate Britain, featuring the work of Ian Hamilton Finlay.

Rooms with a view: £125m art collection tours UK [Guardian]
Art collection to be split and shown around UK [Reuters]
Artist Rooms Collection of Contemporary Art Goes Nationwide [ArtDaily]
British Dealer Anthony D’Offay Sells 725 Works to Tate for Reported Fifth of Their Value [ArtObserved]
Exhibition page: Artist Rooms collection at the Tate
Exhibition page: Artist Rooms collection at the National Galleries of Scotland

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Confrontation 1 (1988) by Gerhard Richter, via Tate

Gerhard Richter, 76, one of the most prominent living painters, will have his work shown at the National Portrait Gallery in London, marking the first time the artist has had a single show covering his entire oeuvre.  Gerhard Richter Portraits will feature 35 works by the painter, known for producing photo-realistic paintings, traced from slides, photographic prints, magazine cut outs, and other sources.  Richter has recently had exhibitions at London’s Serpentine (as covered by AO here) and a retrospective in Edinburgh (as covered by AO here.) Richter is also especially known for his portraits, a famous example being his portrayal of the Kennedy assassination and of Jacqueline Kennedy following her husband’s death.  Richter’s work stands in stark contrast to that of Andy Warhol, his contemporary, who often glamorized his portrait subjects–Richter’s work focused on moments of quiet reflection, and his subjects have at times been the recent victim of some sort of tragedy, as with the Kennedys.

Curated by Paul Moorhouse, the exhibit covers the period from the 1960s to the present, and includes a work that has not been previously exhibited. Additionally, a special installation of Richter’s acclaimed 48 Portraits, a series of portraits of important historical figures which increased the artist’s fame after it was displayed at the 1972 Venice Biennale.

Artist page: Gerhard Richter
Exhibit page: Gerhard Richter Portraits at National Portrait Gallery
Gallery hosts first Richter portrait show [Guardian]
National Portrait Gallery in London Announces Gerhard Richter Portrait Exhibition [ArtDaily]
Richter Paintings of Kennedy’s Killing to Be Reunited in London [Bloomberg]

Marlene Dumas: Measuring Your Own Grave captures three decades of the South African artist’s expressionistic paintings and drawings at her first ever retrospective in the United States at the Museum of Modern Art. Featuring around 70 paintings and 35 drawings, the artist merges painterly aesthetics with political and social themes telling of the complexities of human existence. With often jarringly morbid colors, stained brush stroked canvases, Marlene Dumas depicts lurid yet melancholic scenes of pregnant women, murdered children, and victims of suicide and executions often with personal references.

Marlene Dumas: Measuring Your Own Grave
The Museum of Modern Art
December 14, 2008- February 16, 2003

Museum Website: The Museum of Modern Art
Exhibition Page: Marlene Dumas: Measuring Your Own GraveThe Body Politic: Gorgeous and Grotesque [New York Times]
Unpretty Pictures [New Yorker]
Opening: Marlene Dumas Measuring Your Grave [The Art Newspaper]
Mid-career Survey of Painter Marlene Dumas is the first to be Presented in the United States [Artdaily]

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Familie am Meer, or Family at Sea in English, a 1964 painting by Gerhard Richter via the Guardian.

The National Gallery of Scotland is hosting a major retrospective of German artist Gerhard Richter. Over 60 works are included in the exhibition all on loan from private collections and includes early work that has rarely been seen. The retrospective touches on all of the varied periods of the artist who is known for his mastery of both abstract and figurative painting. The retrospective follows his exhibition 4900 Colours: Version II at the Serpentine Gallery, London, covered by Art Observed here.  Following his retrospective the National Portrait Gallery, London will host Gerhard Richter Portraits February 2009.  The current exhibition is part of the Bank of Scotland totalART series. Over £400,000 has been invested in the series making it the largest sponsorship of modern art in Scotland.

This is high on the Richter scale [Guardian UK]
Exhibition preview: Gerhard Richter, Edinburgh [Guadrian UK]
Gerhard Richter at the National Gallery Complex, Edinburgh [Telegraph]
Richter: Paintings from Private Collections at National Gallery of Scotland [Artdaily]

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“Untitled, boxer” (1982) by Jean-Michel Basquiat, sold by Metallica band member Lars Ulrich for $13.5 million via Artnet

CHRISTIE’S POST-WAR AND CONTEMPORARY ART, New York, Wednesday, November 12th

Total Lots Offered: 75
Total Lots Sold: 51
Total Sales Value: $113.62 million
Total Sales Pre-Auction Estimate: $227 million

Christie’s New York sale of contemporary art, held on the evening of Nov. 12, 2008, was dominated by American buyers and totaled $98,480,000 ($113,627,500 with premium) or about half of the low value of its estimate of $227,150,000 to $321,350,000. 51 of 75 lots sold, or 68%, with nearly a third failing to sell. Two lots sold for over $10 million, and 32 lots sold for over 1 million dollars. Buyers were 60% American, 18% European and Russian, 0% Asian and 24% “other.” Notable attendees were tennis legend John McEnroe and billionaire Eli Broad.

Like Sotheby’s evening sale a day before, Christie’s was also damaged by its guarantees of 39 lots when 12 were brought in with a combined low estimate of $48 million, (typically a price near where an auction house will guarantee). The total guaranteed low estimate was $90 million. Overall, 24 of the 75 lots failed to find buyers which indicates a buy-in rate of 32% by lot and 55% by value. The total for this sale does not compare well to Christie’s fall contemporary sale in 2007 which totaled $325 million. Christie’s reportedly reduced their reserves and as such 52% of the lots sold below the low estimate.

Several new auction records were set, including those by Paul McCarthy and Robert Irwin, however, prices were generally below pre-sale low estimates. Some positives came from the sale including a $15 million Richter and a $13.5 million Basquiat as well as new auction records for Joseph Cornell and Yayoi Kusama. The headliner lot Francis Bacon’s Study for Self-Portrait was unsold against a low estimate $40 million or more, but no bid approached even $30 million. Many other major lots went unsold, including five sequential lots including three Warhols and a Richter valued at up to $10.0 million to $15 million.

Credit crunch hits the art market [Guardian]
Mixed Results for Contemporary Art Sale at Christie’s [NY Times]
Christie’s New York Auction Sells 68% of Contemporary Artworks [Bloomberg]
Lehman’s Fuld and Wife Sell Drawings Below Estimate [Bloomberg]
Francis Bacon portrait pulled from sale after failing to attract bids [Telegraph UK]
Art market in shock as Christie’s calls halt to Francis Bacon sale [TimesUK]
Art Market Watch – $113.6 million at Christie’s Contemporary [ArtNet]
Crappy Art Market Fails to Take Revenge on Richard Fuld [NYMag]
No Bailout at Christie’s [Artinfo]
The art of avoiding the credit crunch [GuardianUK]
Credit crunch hits the art market [GuardianUK]

more with pictures after the jump…

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Duane Hanson’s “Flea Market Lady” staffs Emmanuel Perrotin’s booth at Frieze via New York Magazine

In the midst of perhaps the most spectacular global financial and credit market cave-ins ever experienced, The Frieze Art Fair in London, one of the three largest contemporary art fairs, felt a slowdown in some attendance indicators, sales volume and pricing; a harbinger of similar buyer sentiment reflected in anemic sales totals from all of the three major contemporary art auctions that followed in London over the weekend from Sotheby’s, Phillips and Christie’s respectively. In light of the true magnitude of the global wealth disrupted in recent weeks, overall, the output of the Frieze art fair and the concurrent contemporary art auctions likely could have been worse. The following is a roundup of the news and images looking back from the close of the Frieze fair as well as detailed summaries of each auction.

Takashi Murakami’s “Tongari-Kun” 2004. Though it was headliner of the Phillips Auction on Saturday, it failed to sell. Image via Phillips

Newslinks, images and more on the Frieze Art Fair and on the Sotheby’s, Christie’s and Phillips auctions after the jump…

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Rubens’ The Apotheosis of James I – via the TimesUK

Before deadline, Tate raises £5.7m to keep Flemish master Paul Rubens sketch The Apotheosis of James I [GuardianUK]
The Queen’s composer Sir Peter Maxwell Davies declared Damien Hirst’s art to be “bejewelled trinkets” [TimesUK]
Takashi Murakami’s bi-annual Geisai Fair, an upstart artist free for all, drew 1,176 applicants [TheArtNewspaper]
A weighty review of Louise Bourgeois’s art as: “a comprehensive assault on my sense of wellbeing” [GuardianUK]
An insightful summary of where the art market is headed [Wall Street Journal]
With his show at the Serpentine, Gerhard Richter interviewed [The National via ArtMarketMonitor]

Desmond by Jean Michel Basquiat, up for auction at Christie’s Post-War and Contemporary Art Auction, via Christie’s

In addition to selling a rare portrait by Francis Bacon, Christie’s October 19 auction catalogue features a long list of post-war luminaries. Several portraits of Mao and Marilyn Monroe by Andy Warhol figure prominently among the auction’s offerings. A sculpture by Jeff Koons, as well as pieces by Jean Michel Basquiat, Gerhard Richter, Richard Prince, Anish Kapoor, Willem de Kooning, Lucian Freud and a plethora of other artists account for the rest of the lots. The priciest of 48 lots is expected to be Lucio Fontana’s canvas, Concetto spaziale, la fine di Dio, which should fetch around £12 million pounds ($21.8 million).

Christie’s: Post-War and Contemporary Art Evening Sale
Christie’s: Press Release for Post-War and Contemporary Art Evening Sale
Fontana work may fetch $21.8 million in Record Christie’s Sale [Bloomberg]
Bacon Portrait Expected to Sell for £7.5 million at Christie’s Auction in October [ArtObserved]

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Gerhard Richter’s 4900 Colours: Version II via Serpentine Gallery

London’s Serpentine Gallery is set to display celebrated German artist Gerhard Richter’s 4900 Colours: Version II today, September 23. The piece is comprised of 4900 brightly colored squares arranged randomly by a concept Richter has coined “controlled chance.” The squares have been painted on 100 aluminum panels. The panels can be viewed altogether as a single work of art that measures 69 square meters or the work can be displayed as 49 separate pieces. Serpentine will display the 4900 Colours: Version II as separate original works. The new piece strongly resembles both the artist’s previous color abstractions dating back to the 70’s as well as a recent stained glass piece the artist created for the Cologne Cathedral in Germany.

Richter Says Nouveau Riche Have Sent Art Market `to the Dogs’ [Bloomberg]
Gerhard Richter Brings 4900 Colors to Serpentine [Digital Art]
Richter’s all square at the Serpentine [Guardian UK]
Gerhard Richter: 4900 Colours: Version II [Serpentine Gallery]
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Naked Portrait with Reflection, Lucian Freud (1980) via Artinfo

Christie’s held its Postwar and Contemporary Evening sale on Monday, June 30th, setting new records and selling 83% of the lots. The four largest sales came from Jeff Koons, Francis Bacon, Lucian Freud, and Andy Warhol. Other artists who were featured in the finely curated sale were Mark Rothko, Gerhard Richter, and Gilbert and George just to name a few. Out of the 48 lots that sold, 30 of them made over $1 million, and the total sale raised $172 million. This is Christie’s best result for a post-war and contemporary art sale in Europe.
Bacon Self-Portraits Fetch $34.5 Million at London Art Auction [Bloomberg]
Koons sculpture highlights record-breaking art sale [APF]
Koons record as London art sales draw to close [Reuters]
Christie’s London Bests Own Contemporary Record [Artinfo]
Record price for Koons sculpture [BBC]
Christie’s Post War and Contemporary Art Sale [Christie's]
Bacon Triptych Sells for $34.4 Million in London [NYTimes]
Dead Artists Breathe Life Into Auctions [Wall Street Journal]
Koons’s ‘Balloon Flower’ sits in St. James Square before sale at Christie’s June 30th [Art Observed]

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Chant 2, Bridget Riley (1967) via Sotheby’s

Sotheby’s is holding its Contemporary Art Evening Auction on Tuesday, July 1st at its New Bond St. location in London. The sale’s highlights include works from Francis Bacon, Jean-Michel Basquiat, Antony Gormley, Damien Hirst, Anish Kapoor, Jeff Koons, Takashi Murakami, Richard Prince, Gerhard Richter, Bridget Riley, Andy Warhol and a number of other notable contemporary artists. The complete body of works for this sale will be on view at Sotheby’s New Bond St. galleries Monday, June 30 from 9am-7pm and Tuesday, July 1 from 9am-12noon.

Bridget Riley’s piece, Chant 2, a unique color painting which will be in the sale, was part of a show which won the artist the esteemed International Prize for Painting at the 34th Venice Biennale in 1968 .

Estimate: $4,000,000 – $6,000,000 (Pictured above)

London Contemporary Art Evening Auction [Sotheby's]

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Marlene Dumas fromThe New York Times

Marlene Dumas, most expensive living woman artist at auction (until recently exceeded by Bourgeois) coming to MOMA in December [NYTimes Mag]
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How the proliferation of private museums affects the buyer/dealer system [The Independent]
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A reduced-size Antony Gormley ‘Angel of the North’ a Bacon, a Basquiat, a Richter coming on the block at Sotheby’s [Artinfo]
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Profile of Lauren Cornell, director of New Museum website: Rhizome [TimeoutNY]
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Herzog & de Meuron to design new museum of modern art in Calcutta [The Arts Newspaper]
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The art works Jeff Koons collects [NYTimes]
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Update: New York Mag covers the Shafrazi show,[NYMag] covered by AO here [AO]
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FT’s Jackie Wullschlager reviews Royal Academy Exhibition in London [Financial Times]