Salvatore Scarpitta, Untitled (1958), via Art Observed

The life and work of Salvatore Scarpitta is defined by the artist’s meandering relationships with his dual homelands.  Originally born in the United States, the artist would gain his education in Italy before fleeing the country’s fascist uprising during World War II, later returning after serving in the U.S. Navy’s “monuments men” project, which labored to capture and return looted art and artifacts to their rightful owners.  Remaining in Italy for several years after the war, he would pioneer his own brand of abstraction and conceptually-charged minimalism before returning to the States in 1958.   (more…)

Cover of the catalog for last night’s Contemporary Art auction at Phillips de Pury & Co showing Thomas Schutte’s Doppelkopf (1994), via Phillipsdepury.com

Last night’s Contemporary Art auction at Phillips de Pury & Co reinforced uncertainties regarding the present state of the Contemporary Art market, as the sale earned just £3,963,450 against the pre-sale estimate of £6,075,000-8,575,000 (totals realized include buyer’s premium, estimates do not). Of 45 lots offered only 24 found buyers, leaving 47% of the lots unsold. For comparison, last year’s Contemporary Art Auction at Phillips earned £5.1 million.

More text and images after the jump…

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