‪Artist Michael Heizer to move 340-ton boulder for permanent installation at LACMA; a $10 million, 9 night journey from quarry through Los Angeles [AO Newslink]

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Detail of Dog head from Ai Weiwei’s Circle of Animals/Zodiac Heads (2011) All photos by Megan Hoetger for Art Observed.

The installation of the first major public sculpture work by well-known Chinese artist Ai Weiwei opened at the Los Angeles County Museum of Art (LACMA) on August 20th, its West Coast stop on a global tour. Encircling the elevator up from the parking structure in the North Piazza of LACMA’s sprawling campus, Circle of Animals/Zodiac Heads functions as a marker of a heavily trafficked threshold. Its position outside the parking is particularly suited to the car-dominated geography of Los Angeles, but it also allows multiple points of approach for those visitors ambling between the Ahmanson and Broad buildings, or just arriving through the Chris Burden street lamps.

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Diana and Callisto, Gaetano Gandolfi. Estimate: $800,000 – $1,200,000. Price Realized: $4,114,500

After the success of London’s ‘Old Master Week’ that took place in December 2009, expectations were high for the Old Master auctions that took place this week at Sotheby’s and Christie’s in New York. While perhaps not as rousing as the sales in London, the Old Master auctions in New York marked the first opportunity to verify suspicions that buyers were returning to the art market with confidence. Christie’s two days of sales included the two-part auction of Old Master & 19th Century Paintings, Drawings & Watercolors on Wednesday and a special private collection sale, A Cabinet of Curiosities: Selections from the Peter Tillou Collections on Thursday, achieved a combined total of $40,858,500. While these auctions were successful, the auction that led the week was Thursday’s sale of Important Old Master Paintings and Sculpture at Sotheby’s, which brought $61,599,250 – twelve lots sold for more than $1 million, and almost 60% of the works sold brought prices above the high estimate.

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Jeanne-Claude and Christo via smh

Jeanne-Claude, the radical artist best known for the joint projects undertaken with her husband Christo – most notably the wrapping of the Pont Neuf in Paris and the installation of 7,503 vinyl gates with bright orange panels in Central Park in 2005 – dies at the age of 74 in New York City [Guardian] a review of some of the couple’s monumental art here [Guardian]

Jeff Koons’ train installation via artculture

The Los Angeles County Museum of Art (LACMA) reconsiders plans for a Jeff Koons sculpture involving a replica of a 70-ft 1944 Baldwin locomotive to hang from a crane and estimated to cost $25 million [LATimes]

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Pure Beauty 1966-1968, Acrylic on canvas © John Baldessari, Courtesy of Baldessari Studio and Glenstone

Tate Modern are currently exhibiting the largest ever UK retrospective featuring the work of the prolific Californian artist, John Baldessari, through January 10. Tate Modern’s exhibition, John Baldessari: Pure Beauty, acts as a parallel to the Ed Ruscha exhibition only minutes away at the Hayward Gallery in London’s Southbank Centre; both artists employ humor and a compulsion toward language and American pop culture in their works.

Bloody Sundae 1987 Black and white photographs, vinyl paint © John Baldessari, Courtesy of Baldessari Studio

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David Zwirner via Art Info

An interview with power gallerist David Zwirner [WSJ] and more here [WSJ]
Jerry Saltz on the controversial Adel Abdessemed video of animals killing animals on display at David Zwirner [NYMag]
The Turner Prize Shortlist is announced [ArtDaily]
ArtPrize out of Grand Rapids, Michigan will award nearly $1/2 million to its winners [ArtPrize]
Art Basel announces eight works for its public art projects [ArtDaily]
A walk through Peter Brant’s new contemporary exhibition space in Greenwich, complete with a Jeff Koons sighting [NewYorker]

An annotated view of Roxy Paine’s ‘Maelstrom’ at the Met’s Roof Garden [NYMagazine]

A self portrait of Vincent Van Gogh

Book asserts that Paul Gauguin and his sword were the cause of Van Gogh’s lost ear[NYTimes] and more here’ [TelegraphUK]

A self-portrait of Paul Gauguin

And a refute of the assertion here [Bloomberg] and another non-believer here [GuardianUK]

Art Collector Nicolas Berggruen

Nicolas Berggruen to open private museum in Berlin [ArtNewspaper]
The Getty Museum will cut 205 people from its work force [NYTimes]
Sotheby’s cuts its dividends and plans to cut more jobs [Bloomberg]
Art + Auction publisher Louise T. Blouin MacBain cuts executive salaries [NYPost]

A work by Nam June Paik via  albrightknox.org

The Smithsonian receives the complete Nam June Paik archives [ArtInfo]

‘Burn, Baby, Burn’ by Roberto Matta

The Los Angeles County Museum of Art has acquired a 10′ x 30′ work by Roberto Matta [CultureMonster]

JR in Brazil

JR shows up in Brazil with more installations [WoosterCollective]
California Judge dismisses suit against MOCA regarding Takashi Murakami prints [LATimes]
NYTimes has an article on the resurgence of private sales amidst high profile failures at auctions [NYTimes]
New York Magazine on opportunities to be had in the art world [NYMag]
And an anonymous forecast on artists by their contemporaries [NYMag]
Impressionist works and their value [Economist]

Museum of Contemporary Art in Los Angeles, via NY Times

The Museum of Contemporary Art has been beset by financial troubles that threaten its sustainability. The museum went through all $20 million of its unrestricted funds several years ago, and its endowment, which stood at around $40 million at the beginning of the decade, is now at $6 million, a number which compromises the covenants upon which it was established. Its financial cushion has been further eroded by the financial crisis and a decrease in donations. MOCA, founded in 1979, is considered to be one of the world’s premier contemporary art museums, and is now on the brink of insolvency.

Los Angeles Museum Agrees to Accept Rescue Deal [NY Times]
Mayor Antonio Villaraigosa makes a plea to MOCA [LA Times]
Director Strick said to be latest casualty at MOCA [LA Times]
Los Angeles Museum Proposes to Save Another [NY Times]
Thinking About MOCA [Time, Looking Around]
Making sense of a total mess (or not) [Modern Art Notes via C-Monster]

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