Joseph Beuys, Felt Suit (1970), via Art Observed

Beyond his most iconic performance works and sculptural environments, Joseph Beuys’s multiples constitute an entire aspect of the artist’s practice rarely seen as a complete series of works.  While some of his more iconic small-scale works, including Capri Battery or Sled, as well as his prints and drawings have become iconic entries in the artist’s elusive, and often enigmatic creative history, the works have rarely been presented as a complete series. (more…)

The invasion of financiers in the art market, the introduction of art as investment, and the internet have altered the value system of works at auction, placing a new emphasis on the reassurance of well-known artists and established sales records. The new ethos can be see in in recent sales of Giacometti’s L’Homme qui march I,’ which sold for over £65 million at Sotheby’s, London in February 2010. The sculpture was an edition of six, with four additional ‘artist proofs.’ The existence of editions allows for direct price comparisons and understanding of the piece’s artistic standing.

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