Philip Guston, The Line (1978), via Art Observed

Aiming for a head start on the hustle and bustle of the Venice Biennale Vernissage, the Galerie dell’Accademia in Venice’s (Neighborhood) opened its entry for the week’s proceedings this past Monday; an exhibition tracing the vivid graphic practice of artist Philip Guston, and his work’s interaction with the texts of the 19th and 20th (check) centuries’ most exploratory writers and poets.  The exhibition, Philip Guston and the Poets, captures a series of the artist’s paintings and drawings, displayed alongside selections of text by D.H. Lawrence, W.B. Yeats, Wallace Stevens, Eugenio Montale and T.S. Eliot, offering deeper links to both the artist’s work, and the historical threads of literary culture that often run parallel to it.

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Philip Guston, Alone (1971), all images via Osman Can Yerebakan for Art Observed

On view at Hauser & Wirth’s temporary 22nd street location, Laughter in the Dark compiles one hundred and eighty pieces created by artist Philip Guston between 1971 and 1975.  Working feverishly at his Woodstock studio in response to the highly contentious, corruption-filled presidency of Richard Nixon, the artist’s work carries exceeding resonance in the post-election landscape of American politics.  Opening just days before Donald Trump took the presidency, the show traces several connections and common threads between Guston’s era and our own, and offers a glimpse at how art and humor may sustain a nation struggling once again with its sense of identity. (more…)

The Nixon-era drawings of Philip Guston are profiled in the NYT this week, a series of satirical portraits of the president that the artist made during the early 1970’s.  “My father often had intense periods of work,” says Guston’s daughter, Musa Mayer. “It was not unusual for him to work almost around the clock. But the Nixon drawings are unique in being focused on this kind of external story and life. I think that reading what Philip Roth had done inspired him to think that maybe he could do that, too.” (more…)

Brian Belott, Untitled (After Guston) (1995), via Art Observed

Gavin Brown’s 291 Grand Street location is playing home to the gallery’s summer exhibition this month, a cunning and often comical play on art history curated by painter Brian Belott.  Inviting a group of artists to take their own improvisational runs on various artists from the last 100 years of painting and sculpture, the show plays on the memory of Glenn Gould, whose own takes on popular figures and music themes equally expressed his own artistic brilliance.

Bobo, The Legendary Impetus Behind Wegmans (2016), via Art Observed

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Philip Guston, Untitled (1958), via Art Observed

In one of the season’s more historically resonant offerings, Hauser and Wirth has opened its 18^th Street Gallery to a rare exhibition of Philip Guston’s 1950’s abstractions, collected as a presentation of his impressive output as a member of the New York School. Exploring the artist’s varied investigations of the canvas and mark in tandem, the show presents Guston’s work as a fascinating historical progression towards his more honed, expressive figuration of the late 1960’s and onward.

Philip Guston, Painter, 1957-1967 (Installation View), via Art Observed

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The estate of Philip Guston is now represented by Hauser and Wirth, the New York Times reports.  The gallery will open its first show of the artist’s work in the spring, and was selected “especially because Iwan Wirth has been such a Guston enthusiast for years,” says Musa Mayer, Guston’s daughter. (more…)

Jeffrey Gundlach, Santa Monica art collector and Wall Street tycoon, returned home from a trip to New York to find $10 million in artwork missing. Jasper Johns’ “Green Target”, along with works by Piet Mondrian, Richard Diebenkorn, Franz Kline, Joseph Cornell, Philip Guston and others were taken. No word yet on whether there was a security video, as the investigation is underway.

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Louise Bourgeois, Untitled (2004). All photos on site by Art Observed.

The last of the throng at the first Frieze Art Fair on Randall’s Island in New York City petered out Monday afternoon yet, the most avid collectors simply shifted course to the remainder auction sales at Christie’s and Philips de Pury. Overall, gallerists at the fair appeared to be immensely pleased with the inaugural event, some booths claiming blowout sales, while others were content with merely executing reserve transactions.

John Ahearn casts a fairgoer in plaster as part of Frieze Projects

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Installation image, all photos by Caroline Claisse for Art Observed unless otherwise noted

Currently on view at the Palais de Toyko is Fresh Hell, a group exhibition curated by British-born New York-based artist Adam McEwen.  Shedding a bit of dark humor on the city of Paris, McEwen brings together medieval sculpture and conceptual work from artists long forgotten as well as contemporary artists, pondering just what sort of position and creative endeavors an artist can make in today’s world. The works deal with morbidity, decay, and notions of ‘the end,’ making Death the principle theme.

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Large Vase of Flowers, Jeff Koons. Sold by Benedict Tashcen to Dominique Levy for $5,682,500. All images via Christie’s

Last night Christie’s, New York brought-in a total of $74,151,500 from the sale of 39 lots at their Post War & Contemporary sale. While this figure falls within the pre-sale estimate of $64 – 88 million, and an impressive 21 lots sold for over the $1million mark, the sum is still a strong step down in comparison to that acquired from last year’s Fall Contemporary Auction at Christie’s which brought in $113.6million for a 43 lot sale.  In the end, major marquee works went unsold.  After a remarkable Impressionist and Modern auction at Sotheby’s last week, rumors were flying that the Art Market was flourishing once again – however, it now appears that the art world may have spoken too soon.

Reflection (What does your soul look like),Peter Doig

More text, images, video and related links after the jump….
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Brill Box, Andy Warhol (1964) via Phillips de Pury

Last week ArtObserved was on site for the Modern and Impressionist auctions at Christie‘s and Sotheby‘s in New York. Tonight, November 10, ArtObserved is set to attend Christie’s for the first auction of the fall ‘Contemporary Week’ in the city. After their record-breaking sale on November 4, Sotheby’s Emmanuel Di-Donna stated that “when you have the right property…you get fireworks.” In light of this, much is to be expected this week with Phillips de Pury, Christie’s and Sotheby‘s all stating that they are offering the most important and rare works by artists such as Andy Warhol, Jasper Johns, Willem De Kooning, Ed Ruscha and Jean-Michel Basquiat.

Ilona on Top (Rosa Background), Jeff Koons (1990) via Sotheby’s

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Jenny Saville’s Hyphen, 1999, part of Paint Made Flesh at The Phillips Collection.

“Paint Made Flesh,” a series of 43 oil paintings that focus on the human body, is showing at The Phillips Collection through September 13.  Featured artists incude Pablo Picasso, Leon Golub, Ivan Albright, Cecily Brown, David Park, Philip Guston, and more.  “At times when figure painting was considered outdated,” comments Assistant Curator Renee Maurer, these and other artists included in the show “continue to explore the expressive potential of the painted human body.”

Related links:
Current Exhibitions at the Phillips Gallery
Paint Made Flesh
“Paint Made Flesh” Survey opens at The Phillips Collection in Washington, DC [Art Knowledge News]
“Paint Made Flesh” Is More Than Skin-Deep [Washington Post]
“Paint Made Flesh” : Modern Bodies, Naked Eyes [NPR]

John Currin, Hobo (1999), via NPR.

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Simon de Pury at the helm at the auction in front of the Philip Guston

Last night’s contemporary auction at Phillips de Pury fell short of its low estimate of $12.2 million, bringing in $7.7 million, with 12 of the 43 lots going unsold.  The sale’s highlight, an untitled Robert Gober sculpture of a Farina cereal box valued at $2.5-3.5 million, went unsold with only one bid at $1.6 million.  An untitled Anish Kapoor sculpture, estimated at $800, 000-1.2 million, also was met with no bids.  However, one of the auction highlights, Philip Guston’s painting, ‘Anxiety,’ was the highest selling lot, going for $1 million, just making its low estimate. John Baldessari’s painting, ‘Person with Pillow: Desire/Lust/Fate,’ sold for $290,500, missing its estimate of $300,000-400,000.  It had sold at Sotheby’s a year and a half ago for nearly double that amount.  Many artists however, such as Zeng Fanzhi, whose show just concluded at Acquavella Gallery in New York and was covered by Art Observed here did break auction records (work shown below), the details of which are after the jump.

Phillips Contemporary Auction Falls Short of Estimate [NY Times]
Phillips Limps to the Finish Line [Artinfo]

Zeng Fanzhi’s ‘Little Boy’ via Phillips de Pury sold for $446,500 against estimates of $250,000-300,000

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Philip Guston’s ‘Anxiety’ via Phillips de Pury, estimated to sell for $1-1.5 million.

The last of the post-war and contemporary art auctions takes places tonight at Phillips de Pury & Company in New York.  Pre-sale estimates are $12.2-17 million for 43 lots. Highlights include a late Philip Guston painting, a sculpture of a Farina cereal box by Robert Gober, estimated at $2.5-3.5 million, and an Anish Kapoor sculpture, estimated at $800,000-1,200,000.  AO will be on site to cover the auction, starting at 7pm tonight.

Phillips de Pury & Company
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New York Contemporary Art Part I Sale
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Thursday, May 14, 2009, 7pm
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450 West 15th St
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New York, NY

Phillips de Pury & Company
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Phillips de Pury & Company Announces the Highlights from its Forthcoming New York Contemporary Art Part I Sale [Artdaily]

Jeff Koons’s ‘Baroque Egg with Bow (Turquiose/Magenta)’ via NY Times goes on sale at Sotheby’s with estimates between $6-8 million

The spring Post-War and Contemporary Art auctions take place this week in New York at Sotheby’s tonight, Christie’s tomorrow night, and Phillips de Pury on Thursday night. Last week’s Impressionist and Modern Art auctions, covered by AO here, and also here, brought in far less than a year ago, but considering the economic climate were viewed as middling successes (aside from Sotheby’s spectacular Picasso and Giacometti flops).  However, the contemporary sales will be more of a litmus test for a chastened market.  After years of record-setting sales, this year all three auction houses have reined in the estimates, no longer providing the guarantees to sellers that burned them last fall.

Sotheby’s is offering 49 lots, with total estimates of $52–72.2 million, compared to the $362 million it brought in last spring. Highlights include an untitled painting by Martin Kippenberger of a fat man with balloons and Jeff Koons’s ‘Baroque Egg with Bow (Turquiose/Magenta),’ part of the artist’s ‘Celebration’ series, which includes ‘Hanging Heart,’ a sculpture that set the record for a living artist at auction in the fall of 2007. While ‘Hanging Heart’ sold for $23.6 million, ‘Baroque Egg with Bow (Turquiose/Magenta)’is expected to sell for $6-8 million.  Christie’s is offering 54 lots, with total estimates of $71.5–104.5 million.  On the catalog cover is Jean-Michel Basquiat’s ‘Mater,’ a rare occurrence of a female figure within Basquiat’s oeuvre, expected to sell for $5-7 million. A number of works from the collection of Betty Freeman are also up for auction, including David Hockney’s portrait of the philanthropist in her home, ‘Beverly Hills Housewife,’ estimated to go for $6-10 million.  Lastly, Phillips de Pury & Company is offering 43 lots, with estimates of $12.2–17 million. Highlights from that sale include a Robert Gober sculpture of a Farina cereal box, estimated at $2.5-3.5 million, and a late, figurative painting by Philip Guston, estimated at $1-1.5 million.

The sales also include a number of Minimalist works by artists such as Dan Flavin, Donald Judd, Sol Lewitt, and Agnes Martin.  Many experts view these works as under-priced, and present more in museum collections than private collections.  This round of sales sees fewer works by the Pop artists that made headlines in the boom times like Warhol and Rauschenberg.

Rare and Spectacular Master Works Highlight Christie’s Post-War & Contemporary Art Sale [Artdaily]
Little Warhols [NY Mag]
Phillips de Pury & Company Announces the Highlights from its Forthcoming New York Contemporary Art Part I Sale [Artdaily]
The art market: Skinny sales and demoted billionaires [Financial Times]
Jeff Koons’s rabbit: market news [Telegraph]
The Art Market Is Back? Now That’s Surrealism [WSJ]
Sotheby’s Post-War and Contemporary Art Evening Sale [Sotheby’s]
Christie’s Post-War and Contemporary Art Evening Sale [Christie’s]
Phillips de Pury Contemporary Art Part I Sale [Phillips de Pury]

Painting (1954) by Philip Guston, via Artnet

Philip Guston 1954-1958 at L&M Arts in New York features a select group of seven paintings from this exceptional period in the artist’s career. The exhibit captures a moment of growth and discovery in Guston’s career. The artist’s fascination with gestural brush strokes and marks of color that seem to float within the picture frame constitute a delicate balancing act between composition and expression.  Such a new style of painting was a formative development at the time and led Guston to become one of the renowned first generation Abstract Expressionists.  The show also includes loans from the Museum of Modern Art, Whitney Museum of American Art, New York, and other private collections.

Exhibition Page: Philip Guston: 1954-1958
Philip Guston: 1954-1959 [Artnet]
“Philip Guston: 1954-1958” at L&M Arts[Reuters]

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Sotheby’s Contemporary Art Evening Sale, New York, Tuesday, November 11th
Total Lots Offered: 63
Total Lots Sold: 43 (68.2%)
Total Sales Value: $125.1 million
Total Sales Pre-Auction Estimate: $202.4 million

On the heels of its Impressionist and Modern Art sale that brought in $223 million, well below its low estimate of $339 million, with only 45 of 70 lots sold as previously covered by Art Observed here, Sotheby’s Contemporary Art Evening Sale in New York, held on Tuesday, November 11th, brought in $125 million against a $202 million estimate. The sale was 68.2% sold by lot, with 43 of 63 works finding buyers, marking the lowest selling rate for a multiple-owner evening sale of contemporary art held at Sotheby’s since November 1994. A third of the lots failed to sell, and most of the works that did sell went for less than their presale low estimate. The top lot of the sale was Yves Klein’s Archisponge (RE 11), seen below, which brought $21,362,500. Artist records were set tonight for Philip Guston Beggar’s Joys, which achieved $10,162,500; John Currin, Nice ‘N Easy (see above), which realized $5,458,500 (see above) and Richard Serra, 12-4-8, which fetched $1,650,000.

A Dreary Night for Contemporary Art at Sotheby’s [NYTimes]
Sotheby’s Contemporary Art Sale defies worst fears [Reuters]
Sotheby’s New York Evening Sale of Contemporary Art Brings $125,131,500 [ArtDaily]
$125 million at Sotheby’s Contemporary [ArtNet]
The art market: Contemporary art gets hammered [FinancialTimes]
Bare Market [ArtForum]
Eli Broad Goes Shopping as Sotheby’s Art Auction Falls Short [Bloomberg]
Currin Nudes Set $5.46 Million Record at Spotty Sotheby’s Sale [Bloomberg]

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