AO Art Observed™

Team Gallery Booth at Art Basel 2010, Image via Art Basel.

AO is on site at Art Basel, Switzerland, where Wednesday marked the official, public opening of the international show.  On the roster was an inaugural Conversation Series speech by Paul McCarthy, an Art Film at Stadtkino Basel, and an Artist’s Talk with Rodney Graham at Kunstmuseum.  If the congenial and thronged atmosphere hadn’t tipped us off to the anticipation surrounding this year’s exhibitions, Tuesday’s sales would have been a clear indication.   A $15 million Picasso 1960 plaster maquette, Personnage, was snatched up immediately from Krugier Gallery by one of the VIP guests (an American collector) invited to Basel’s early opening, as was a line drawing by the same artist, one by Egon Schiele, and paintings by Max Ernst and Paul Klee. Sara Kay of the Geneva- and New York-based Kugier Gallery was unable to disclose the buyer of yesterday’s Picasso sale, but ten minutes after the purchase’s confirmation noted to Art Info that “[The] piece went to a very important collector with the best modern masters.  This is museum-quality, not trophy-level. It’s a very serious piece.” Skarstedt Gallery also enjoyed a  meritorious patronage yesterday, with sales including a Christopher Wool painting, Untitled, for $800,000, a Barbara Kruger photograph for $700,000, a Cindy Sherman piece for $500,000, and two works by George Condo: The Madman and The Colorful Banker, which fetched $375,000 and $225,000, respectively.  Hufkens Gallery sold a Louise Bourgeois etching, A Baudelaire (#7), which the late artist completed several months before her death in May, for $650,000 to a European collector.  Cheim & Read boasted a lucrative afternoon as well, with sales including a $2 million Joan Mitchell abstraction, a $125,000 Sam Francis drawing, a $100,000 Ghada Amer painting, Paradise, and a 28-strong Bourgeois watercolor series, Les Fleurs.  Lisson Gallery sold two Anish Kapoor‘s for $742,000.  Richard Prince‘s Student Nurse brought Gagosian $4.2 million, and Paul McCarthy’s bronze suites–Sneezy and Dopey–yielded Hauser & Wirth a combined total of $3 million. Blum & Poe sold a dyptich by Takashi Murakami for $1 million. White Cube reportedly sold six of Damien Hirst‘s new paintings, as well as Hirst’s “Memories of Love,” valued at $3.48 million. Lehmann Maupin sold two neon works by Tracey Emin, each for $74,000.

Damien Hirst, ““Memories of Love,” at White Cube’s booth, sold for $3.48 million. Image by Art Observed.

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Louise Bourgeois in her Brooklyn studio in 1992. Photo courtesy The New York Times.

Louise Bourgeois, one of the world’s most celebrated sculptors, passed away today at the age of 98. The news was announced by an Italian foundation preparing an exhibition of the artist’s work in Venice, and was confirmed by Wendy Williams, the managing director of the Louise Bourgeois Studio. The cause of death was heart attack, and occurred at the Beth Israel Medical Center. Bourgeois was a leader of feminist art, and is known most recently for her large-scale metal spider sculptures, as well as psychologically-charged roughly-textured depictions of sex organs.

Bourgeois’s 30-ft spider sculpture outside the Tate Modern in 2007. Photo courtesy the BBC.

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Eight Elvises, which sold for $100 million in a private deal last year via TheEconomist

–  The Economist has a downloadable special report on the art market, in it Sarah Thornton reports in an article on Warhol, in the wake of the sale of his work in the recent New York  contemporary auctions for $43.8 million, that in August 2008 Andy Warhol’s singular “Eight Elvises” was sold privately to an unknown buyer for $100 million [Economist]

- Close to $100M of Russian art aims to be sold for Russian Art Week in London, where the vast growth of wealth in Russia allows for repatriation of that country’s works [Bloomberg] more on this here [WallStreetJournal]

A discerning look into some of the less disclosed but nevertheless driving forces and relationships behind various high profile exhibitions [Financial Times]

to stay apprised of the latest relevant news of the art world read more…

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Installation Still from “Only God Knows I’m Good” (via Lehmann Maupin)

Lehmann Maupin Gallery has opened a new solo show by British artist Tracey Emin at their Lower East Side location. Emin, most notorious for her 2005 work “Everyone I Have Ever Slept With 1963 – 1995″ deals primarily with issues of lust, dreams, and the alienation of sex.

The media in “God Only Knows I’m Good” is varied: the artist employs embroideries, video, monoprints, sculptures, and neons. The embroideries encompass most of the show: sexed-out figures reminiscent of Egon Schiele’s awkward nudes writhe across large-scale canvases made from blankets. A plethora of small drawings also populate the gallery, inviting a more intimate viewer relationship. Tongue-in-cheek texts accompanying these figures offer either a shock of revulsion or a dark humor. “I can’t feel,” the women say, as they fondle themselves. “Every fucking time,” reads another. Both acutely personal and universal, Emin insists the women in her portraits are not directly autobiographical, but rather symbolic of prurience and loneliness. Her use of rudimentary spelling and a shaky line also imbue the work with a kind of disturbing naïveté, given the strong content of the imagery.

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The Royal College of Art Secret Postcard fundraiser via The Guardian

-The Royal College of Art’s Secret 2009 event has 2,500 postcards for sale for £40, made by artists including Anish Kapoor, Grayson Perry and Yoko Ono.  Though buyers don’t know who the artist is until after they buy. [Times UK]

-Penelope Curtis has been appointed director of Tate Britain, the first woman to hold a directorship at Tate. [Guardian]

-Tracey Emin opens a new exhibition in New York, that, while popular, comes nowhere near the levels of sales or attendance she normal receives in Britain. [NY Times]

An artist’s rendering of Olafur Eliasson’s ‘Cirkelbroen’ bridge to be built in Copenhagen via Artinfo

-Olafur Eliasson has designed a bridge to be completed by 2012 in Copenhagen’s harbor. Called ‘Brikelbroen,’ the bridge is comprised of five circles that take pedestrians on a winding path rather than straight across. [Artinfo]

To stay apprised of most of the relevant art news for this past week… (more…)

Maurizio Cattelan’s ‘Trophy Wife,’ depicting Stephanie Seymour, currently going through a messy divorce from Peter Brant, who owns the piece

-Recent court filings in the divorce of Peter Brant and Stephanie Seymour reveal disputes over nearly 50 works by Andy Warhol, as well as works by Richard Prince, Jean-Michel Basquiat, Cindy Sherman, Jeff Koons, Julian Schnabel, and a bust of Seymour made by Maurizio Cattelan [Vanity Fair]

-And in related, Udo Fritz-Hermann Brandhorst, an heir to Germany’s Henkel AG & Co. fortune, settled out of court a dispute with his former mistress over two works by Damien Hirst [Bloomberg]

Allison Schulnik’s music video for Grizzly Bear’s ‘Ready, Able’

- Painter Allison Schulnik’s claymation music video for Grizzly Bear’s ‘Ready, Able’ via The Flog

-Tracey Emin reading her new book of poems “Those Who Suffer Love” and “Strangeland” at University Settlement as part of Performa 09 [Supreme Being]

-Also related, a round-up of Performa 09 includes a “Pasta Sauna” based on the Futurist Manifesto, Tacita Dean, William Kentridge, Merce Cunningham and more [Financial Times]

To stay apprised of most of the relevant art news for this past week…

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Gavin Turk, Pop (1993), showing with Tate Modern’s “Pop Life: Art in a Material World” through January 17. Image via The London Paper.

Tate Modern is currently showing works by artists that embrace mass media and popular culture. Its motto is Andy Warhol’s proclamation that “good business is the best art,” and artists such as Damien Hirst, Jeff Koons, Tracey Emin, and more present works that are, accordingly, a blend of popular and left of center culture. “Pop Life: Art in a Material World,” which also features a new piece by Takashi Murakami, closes on January 17.

Foreground, House of Martin Luther King (1990), by Rob Pruitt and Walter Early; background, Damien Hirst’s False Idol (2008). From “Pop Life,” images via The Guardian.

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Ron, Will Cotton via Artnet

-Eric Fischl, Chie Fueki, Hilary Harkness, Will Cotton, Francesco Clemente, Peter Halley and Barbara Kruger  are all a part of the long list of artists who have created, dedicated and portrayed Ron Warren in their works; Mary Boone’s assistant he has always played an understated yet influential role leading to a Mary Boone Gallery exhibition in his honor [The New York Times]

-The 2009 edition of the Power 100 by ArtReview is released with Hans Ulrich Obrist taking the first place and the list showcasing some changes in the influences and forces of the art world; the top ten include dealers and artists as Larry Gagosian, Francois Pinault, Eli Broad and Bruce Nauman [ArtReview]
-In related, Hans-Ulrich Obrist, the director of Serpentine Gallery, just voted to be the art world’s most powerful figure by the Power 100, gives an idea of how busy his week gets [The Independent]

-A $310 million collection of Mark Rothko paintings to be shown next spring in artist’s first Moscow solo exhibition at Dasha Zkukova’s Garage Center for Contemporary Culture [Bloomberg]

To stay apprised of most of the relevant art news for this past week… (more…)

Afro Apparition, Chris Ofili (b.1968) all pictures from Sotheby’s unless otherwise noted.

Today Sotheby’s London held their October Contemporary Art Auction to coincide with Frieze Art Fair which is currently underway in London’s Regent’s Park and art observed was on site with coverage.  The 223 lot auction comprised of work, in a range of media, by leading post-war artists such as Jean-Michel Basquiat, Chris Ofili, Gerhard Richter, Anish Kapoor, Damien Hirst, Frank Auerbach, Anthony Gormley, Farhad Moshiri and Yan Pei Ming. 73% of the contemporary works were sold and the eventual total of the sales came in at  12,757,125 GBP. All sale totals stated in this article include buyer’s premiums and come directly from Sotheby’s official website or courtesy of The Baer Faxt.

Fuego Flores, Jean-Michel Basquiat

Related Links:
Sotheby’s Homepage
Autumn Fairs are a Barometer for the Art Market [NYTimes]
Can Frieze reheat the art market? [The Independent]

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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]

Rembrandt’s portrait of an unknown man via Times Online

Estimated at £25m, a portrait by Rembrandt is expected to raise a record price for the artist at Christie’s in London [Guardian UK]
Despite crisis, Mikhail Piotrovsky- the director of the Hermitage Museum in Saint Petersburg is planning an expansion, reinstallation and several new international venues [ARTnews]
Tate’s plan to increase display space by 60% is challenged by a £140m shortfall; donation for the past year amount only to £4m due to recession [The Independent] in related Tate announces upcoming exhibitions of Gauguin, Picasso and Chris Ofili [Guardian UK]
More on ex art-dealer Anthony d’Offay, who traded a $160m profit for a chance to provide the British public with an access to contemporary and modern art [Bloomberg]
Reuters Felix Salmon calls on Bloomberg’s Scott Reyburn who claims that Damien Hirst’s sales are recovered to levels seen at peak of the art market boom; Salmon claims the analysis by Reyburn is unsubstantiated [Reuters and Bloomberg via ArtMarketMonitor]

Ai WeiWei via Twitter

Ai Weiwei publishes on twitter images of himself going in for surgery after undergoing an attack by Chinese police [The Art Newspaper]
RoseLee Goldberg, Performa’s founding director, reads an excerpt from the Futurist Manifesto, announces details and gives hints about the surprise performances and their locations [Artinfo]
The director of the MET, Thomas Campbell, shares that the painting reattributed to Velazquez last week, “Portrait of a Man”, may soon travel to the Prado Museum in Madrid [ArtDaily]
More on the Artist Pension Trust, an investment vehicle that provides artists, who rarely engage in financial planning, with financial security when they retire [Guardian UK]
An antique shop in New Mexico put on sale a Van Gogh sketch for his painting Night Cafe, from a May 13 burglary, worth $250,000-1million, for $250 [Artinfo]

Caravaggio, The Supper at Emmaus via Artinfo

The National Gallery in London is sending Caravaggio’s The Supper at Emmaus to be exhibited at the Art Institute of Chicago from October 10, 2009 to January 31, 2010 [Fine Art Publicity]
Since Thursday, 110 galleries, most of them in Chelsea opened their doors to the new art season, showcasing what sells, what is missing on the art scene and which gallery spaces are more beneficial to the sales [New York Magazine]
Pope Benedict XVI organizes an art summit reaching out to 500 contemporary artists to reunite in Vatican [BBC via Art Market Monitor]  in related After his initial refusal to participate in Vatican’s art initiative, that will attempt to reestablish the dialogue between spirituality and art, Bill Viola rearranges his schedule and accepts Pope’s invitation [Artnet]
Curator of Modern and contemporary art at Menil Collection, Franklin Sirmans will be appointed chief curator oc contemporary art in LACMA and will assume his position in January [Culture Monster]

Anish Kapoor via Times Online

After an attempt to investigate the very nature of the scale of Anish Kapoor’s work and the man behind the work in an article published last week, Times Online writes on Anish Kapoor’s retrospective, providing a survey of the artist’s career, at the Royal Academy [Times Online]
An interview with Turner Prize winning video artist Steve McQueen where the artist speaks of his childhood, artistic influences, his musical preferences and view on art world and Artist Yoshimoto Nara speaks of musical, artistic and personal influences on his work [Guardian UK]

Velazquez, Las Meninas via The Wall Street Journal

Velazquez’s “Las Meninas”- an enigmatic work that has contributed to the shift of its very medium from the realm of craft to that of art [The Wall Street Journal]
Marlene Dumas, Tracey Emin, Marc Quinn, Antony Gormley and other contemporary artists donating works to Sotheby’s “Art for Africa Auction” on tonight [ArtDaily]
September 16, at the Guggenheim International Gala, a $1.2m Ellsworth Kelly painting received by the Museum as a gift was auctioned [Auction Central News]
The life and death of Dash Snow [Guardian UK]
Art critic, Holland Carter, proposes smaller and more smartly curated shows to take place of large blockbuster exhibits [The New York Times]
A new 37,000-square-foot outdoor space is lent temporarily to Lower Manhattan Cultural Council for exhibitions and performances by developers postponing their building projects, hence the name- LentSpace [The New York Times]

Richard Serra, Shift (Detail) via Arts Journal

As a 1970 iconic earthwork by Serra outside Toronto remains endangered, a litigious battle concerning access to and protection of the artwork continues [Arts Journal]
New York’s Armory show will move in geographic pattern from representing one city to another, its first choice is Berlin [Lindsay Pollock]
A short interview by brothers Jake and Dinos Chapman, discussing their drawings [Guardian UK]
David Zwirner is to be the first dealer to solely represent The Estate of Dan Falvin [David Zwirner]
New works by Julian Schanbel, Paul Chan, John Currin and Francesco Vezzoli are currently on show at New York’s Metropolitan Opera in an exhibition inspired by Mary Magdalene [metoperafamily.org]
Book review: “I Sold Andy Warhol (too soon)” by Richard Polsky [WallStreetJournal]

Zac Posen, RTW Spring 2010. Via WWD.com

Rosson Crow designs floral prints for Zac Posen’s Spring RTW collection [wwd.com]
Julian Schnabel is selling pieces from his art collection, including work by Picabia, Braque and Balthus to finance his divorce [New York Post]
The Roman Empire – Russia’s Roman Abramovich’s toychest of expensive things, inlcuding works by Francis Bacon and Lucien Freud, is examined [Wall Street Journal]
Sales of Chinese art at Sotheby’s Total: $15,532,479 Exceeding Expectations [ArtDaily]
The king of Japanese Contemporary Art, Takashi Murakami, speaks openly about the state of the art market, his legacy and his upcoming plans [Artinfo.com]
An encounter with Takashi Murakami in the Boom Boom Room at the Standard Hotel, New York following his opening at Gagosian Gallery in Chelsea [NYTimes]

Exhibition View, Chapman Brothers faux show Good News! at Orel Art. Via Times Online

British Art Brothers Jake and Dinos Chapman’s fake identities, art movement, and exhibition as Russian artists is on view after a quiet opening [TimesUK]
Gallery owners reveal the difficulties of running their business in times of the economic crisis [Forbes], yet some of L.A.’s resilient galleries find opportunities in the crisis: such as reduced rent [Los Angeles Times]

Wassily Kandinsky’s ‘Dramatic and Mild,’ estimated to sell between $6-8 million at Sotheby’s Impressionist and Modern Art Fall Auction via ArtDaily

Part of the Arthur Sackler Collection is to be auctioned this fall by Sotheby’s, including a rare Kandinsky painting [ArtDaily]
Christie’s sales fell 35% in the first half of the year, though the auction house accounts for 61% of all global auction sales [Bloomberg] and a breakdown of Christie’s first half results [Art Market Monitor]

Cindy Sherman’s self-portait for Vogue

Cindy Sherman takes a self-portrait for Vogue in couture, parodying the magazine’s many domestic fashion spreads [Vogue via Economist]

Basquiat Reeboks via Solediction

Reebok releases a line of high tops featuring the art of Jean-Michel Basquiat [Solediction]
A charity auction in September to raise funds for orphans in Africa will featureworks by prominent YBAs such as Tracey Emin and Antony Gormley, as well as David Bowie, while also including work by South African artists like Marlene Dumas as well as emerging artists [Independent]

The bike Damien Hirst designed for Lance Armstrong to ride in the last stage of the Tour de France via Daily Mail

PETA outraged over Damien Hirst’s use of dead butterfly wings on Lance Armstrong’s bike [Daily Mail]
Richard Prince buys a townhouse on the Upper East Side for $11.5 million [NY Observer]
The pop-up Lola Gallery opens in Southampton [Vanity Fair]

Bill Viola’s ‘Ocean Without a Shore,’ which premiered at the church of San Gallo at the 2007 Venice Biennale via FAD

Bill Viola has been commissioned to create two altarpieces for permanent display in St Paul’s Cathedralin London [FAD]
A new program offers a master’s degree in international art crime [NY Times]
Chelsea art dealers predict that the presence of the High Line will kill the art scene there [Artnet]

Billionaire art collector Eli Broad via Forbes

Forbes names the top ten billionaire art collectors, including François Pinault, Eli Broad, and David Geffen [Forbes]
In related, Vice Chairman of Forbes, Christopher “Kip” Forbes, selling 36 works through private transactions [Bloomberg]
In further related, a growing number of collectors prefer private transactions, the publicity can come after the deal is made [Bloomberg]

Carsten Höller at the Double Club, Via Guardian

Carsten Höller’s Double Club  “modern day Studio 54″ moving to Paris from London [Guardian]
As visitors wait in line for up to 3 hours, the Banksy show in Bristol extends its visiting hours into the evening [Evening Standard]

Will Cotton’s studio via Whitewall

A look inside Will Cotton’s studio [Whitewall]
Tracey Emin tells in her interview the difficulties she had to face: from tapeworm to family troubles [Times Online]
An interview with Eric Fischl on 9/11 and bull fighting in his Soho studio [Artnet]
An almost conclusively thorough article on Dash Snow [NY Times]

Damien Hirst’s Saint Bartholomew, Exquisite Pain, currently showing at the Royal Academy of Arts Summer Show. via Pinchuk Art Centre.

The Royal Academy of Arts, in collaboration with the BBC, has opened its 241st summer exhibition, showing until August 16.  The show is coordinated by Royal Academicians Ann Christopher, Eileen Cooper, and Will Alsop, and sponsored by Insight Investment.  The Summer Exhibition seeks to encompass a range of works, in all media, by both well-known and emerging artists.  Included are works of photography, sculpture and architecture, printmaking, film, and painting.  This year’s theme, “Making Space,” reflects the inclusive spirit of the exhibition, which the Times has called “the art world’s annual jumble sale.”

Related links:
Summer Exhibition [Royal Academy of Arts]
Royal Academy Summer Exhibition 2009 at Burlington House W1 [Times Online]
Royal Academy Summer Exhibition 2009, review [The Telegraph]
RA Summer Show [The Guardian UK]

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Tracey Emin’s ‘Angel’ via White Cube

Tracey Emin opened her first solo show in London in four years at White Cube Mason’s Yard, ‘Those who suffer Love.’ The exhibition coincides with the release of her book ‘One Thousand Drawings,’ published by Rizzoli, and is primarily composed of drawings. The centerpiece of the show is a short animation piece of a woman masturbating. Emin, L’Enfant terrible and one of the Young British Artists – a group notorious for both its regard to art and personal behavior – is well known for radical, very personal exposés of her sexuality. Emin explains, ‘The title for my show is self-explanatory: love rarely comes easily and if it does, it usually goes quite quickly. And there is death, and loss, which at some point in our lives we all have to deal with. I’m constantly fighting with the notion of love and passion. Love, sex, lust – in my heart and mind there is always some battle, some kind of conflict.’

Tracey Emin: Those who suffer Love [White Cube Gallery]
Sex craze fading fast, says Tracey Emin at London exhibition launch [GuardianUK]
Tracey Emin London Show Explores Solitary Pursuit of Lust [Bloomberg]
Tracey Emin, White Cube [TimesUK]
Tracey Emin’s really done it this time [Evening Standard]
Interview: Tracey Emin [Channel 4 London]
Ghosts of my past [GuardianUK]
Tracey Emin: Those Who Suffer Love at the White Cube, review [Telegraph]
Those Who Suffer Love by Tracey Emin, London [Wallpaper]
Tracey Emin: Art from the heart [Independent]
Lunch with the FT: Tracey Emin [Financial Times]
Tracey Emin: Confessions of a saucy seamstress [GuardianUK]

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Tracey Emin’s ‘Everyone I Have Ever Slept With 1963-1996′ via The Independent

In an act that summons issues of appropriation of artistic works, the Chapman brothers, just before Tracey Emin’s White Cube show in London,  announce an unauthorized rebuild of Emin’s infamous tent which was destroyed by the same 2004 art storage warehouse fire that burned their work as well [The Independent]
Damien Hirst is looking for identical twins to sit in front of his spot paintings for 100 days in the Tate Modern [Boing Boing]
A Q&A with Michael Moses, co-creator of the Mei Moses Fine Art Index [Monocle]

Video from the opening of Museum Brandhorst in Munich via Vernissage TV

Video: The Museum Brandhorst, home of the Udo and Anette Brandhorst Collection, opens in Munich [Vernissage TV]
A couple volunteers to move their house into Miami MOCA for a Fritz Haeg work [Tuscaloosa News via Art in America]

Sanyu’s ‘Cat and Birds’ via Christie’s set a record at auction for Chinese oils

Hong Kong auctions small but strong [Bloomberg]
and in related, ART HK 09 successful despite market jitters and swine flu fears [Artforum]

Takeshi Murakami’s ‘The Emergence of God at the Reversal of Fate’ via SLAMXHYPE

A piece from Murakami that is 5 years in the making will be unveiled in Venice on the eve of the Biennale’s opening [Slamxhype]
Warhol authentication battle moves closer to trial [Art Newspaper]

Rendering of Jean Nouvel’s Louvre Abu Dhabi via LA Times

Construction begins on Jean Nouvel’s Louvre Abu Dhabi, expected to be completed in 2012 or 2013 [LA Times]

Edouard Manet’s ‘The Bohemian’ at Louvre Abu Dhabi via NY Times

In related, Carol Vogel gives a preview of what is to be exhibited the Louvre Abu Dhabi [NY Times] 
and in further related, some of the works in the collection were bought in this spring’s Yves St. Laurent auction at Christie’s [Financial Times]

Kehinde Wiley’s ‘Jerry Valdes, After Titian’s (Tiziano Vecellio)’ via WSJ

Kehinde Wiley releases his first book of photographs [WallSreetJournal]
Indicted old masters dealer Larry Salander takes a job at an upstate NY gallery, selling his own paintings for $100 [Bloomberg]

Richard Serra, out-of-the-round X (1999). Album cover for Sunn O))), Monoliths & Dimensions (2009) via Frieze

Richard Serra’s work used for cover of SunnO)))’s new album Monoliths & Dimensions [Frieze]
and in related, Serra receives an honorary degree from alma mater Yale [AP]
and in further related, Yale is involved in a lawsuit over Van Gogh’s ‘The Night Café,’ allegedly stolen by the Soviet government in the 1920s [Hartford Courant via Art Market Monitor]

James Turrell’s ‘Unseen Blue’ at the James Turrell Museum via WSJ

A look at the newly-opened James Turrell Museum in Colomé, Argentina [WSJ]
A look at outsized artworks at this year’s Art Basel, featuring Sigmar Polke, Nan Goldin, Banks Violette and others [Artdaily]
and related, Frieze Art Fair announces it program for this October [Frieze]

David Zwirner booth at the Armory, showing Yan Pei-Ming, John McCracken, and Rachel Khedoori.

New York Armory Week 2009 is in full swing, with attendance higher than expected moving into the weekend.  Despite the absence of several blue chip galleries – including Matthew Marks and Lehmann Maupin – the gallerists’ collective mood seems hesitant but optimistic.  177 contemporary galleries are exhibiting in the Armory’s 11th year, along with the addition of a Modern wing at Pier 92 selling more established, less edgy work.

The Armory Show 2009 and the Armory Modern
Piers 92 and 94
12th Avenue at 54th Street
March 4-8, 2009

Armory Opening Party at MoMA.

RELATED LINKS
Sales still down, but spirits are buoyant [Art Newspaper]
On the Piers, Testing the Waters in a Down Art Market [New York Times]
Has the Recession Sparked a New Renaissance? [Guardian UK]
On the Scene at the Armory Preview Party [Style File Blog]
MoMA’s Armory Show Opening Benefit Party [Patrick McMullan]
Armory MoMA After Party [Guest of a Guest]
Now Dealing | The Armory Show [TheMoment]
Window-shoppers Descend on Armory Art Show [NYMag]
What’s Selling (or Not) at the New York Armory Show [NYMag]
‘Creepy’ Bernie Madoff Watercolor Fails to Sell at Armory Show [NYMag]
Dealers Sold on Armory Modern, Collectors Less So [ArtInfo]
The Herd Is Out, but Holding Back [ArtInfo]

more stories and photos after the jump…

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Lehmann Maupin "The Glamour Project"

In conjunction with Glamour magazine in celebration of its 70th anniversary, Lehmann Maupin gallery has organized a group show of prominent women artists titled “The Glamour Project.”  Boldfaced name artists like Tracey Emin, Kara Walker, Marilyn Minter, Rachel Feinstein, and Rita Ackermann were asked to create works translating their own interpretations of glamour.  The south gallery space features black-and-white portraits of the ten commissioned artists by photographer Brigitte Lacombe.

Lehmann Maupin - The Glamour Project - Tracey Emin - I Promise to Love You Too

According to Glamour editor-in-chief Cindi Lieve, “Ask ten women artists, and you’ll get ten showstopping, brilliantly realized visions – some of them sweet, some of them shocking, but each one a very personal manifesto on the meaning of femininity in 2009.”

RELATED LINKS

Jason Wu, Thakoon Celebrate Glamour’s 70th Anniversary [Huffington Post]
Party Watch [Vanity Fair]
Glamour Celebrates 70th: Portrait Artists [WWD]
“The Glamour Project” brings out the glamourous [Guest of a Guest]
Glamour Turns 70! [Mediabistro]

more story and images after the jump… (more…)

Encased — 5 Rows (6 Spalding Scottie Pippen Basketballs, 6 Spalding Shaq Attaq Basketballs, 6 Wilson Supershot Basketballs, 6 Wilson Supershot Basketballs, 6 Franklin 6034 Soccerballs) (1993) by Jeff Koons. Lot unsold. Estimate range: £1,800,000 to 2,200,000.

Phillips de Pury & Co. raised a total of £4.2 million at their February 12th auction of contemporary art, with 35 of 53 lots selling. The entire sale was expected to realize £6.8 million – £9.3 million.  The higher priced lots were shunned in favor of those with estimates under £500,000.

The highest priced lot was Martin Kippenberger’s Portrait of Paul Schreber (Designed by Himself), which sold for £432,000, at the low end of its presale estimate of £400,000 to £600,000. The 8-foot high oil, lacquer and silicone is an abstract portrait of Paul Schreber, an early 20th century German judge who suffered several nervous breakdowns, and was the subject of a seminal clinical psychology paper by Sigmund Freud. The portrait is based on a sketch in Schreber’s autobiography, where he draws what he imagines his brain to look like: one healthy side and one ill side. Dan Colen’s Untitled (Going, Going, Go. . .), of a candle whose smoke spells out the painting’s title, sold for £92,500, more than double the high estimate. This sale also set a new auction record for the artist.

Zeng Fanzhi’s Huang Jiguang, from 2006, sold for £360,000 against pre-sale estimates of £200,000 to £250,000. The 11 foot wide depicts a Chinese war hero from the Korean War, who is famous for having sacrificed himself in a crucial battle. Mixing historicity and myth with an abstract landscape as background, Fanzhi is one of China’s foremost contemporary artists and is known for his Mask series.

A Jeff Koons sculptural installation featuring a glass-encased vitrine stocked with various basketballs and soccer balls failed to sell. It was the only lot priced higher than £1 million, and failed to generate a single bid despite being the cover lot by a prominent name.

The auction results were unimpressive on the whole, reflecting the general sense of ambivalent malaise that still plagues the art market. The consensus among many dealers and collectors is that it is a buyer’s market, and many sellers have not adjusted their pricing expectations to reflect the ongoing correction–until this mismatch is corrected, there will continue to be anemic auction results.

Auction Page: Phillips de Pury Contemporary Art Evening Sale
Koons Work Snubbed for Cheaper Art in London as Bargains Sought [Bloomberg]
Phillips Sale Misses the Mark [ArtInfo]
ART MARKET WATCH: £4.2 million at Phillips London [Artnet]
Phillips de Pury & Company’s London Contemporary Art Sale Results Confirm Market Demand for Quality Works [ArtDaily]

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Charles Saatchi, photo via Welt

British art collector, Charles Saatchi, famous for launching the now established careers of “Young British Artists” of the 1990′s such as Damien Hirst and Tracy Emin and others, is set to preside over a new reality television show on BBC2, described as the Art X Factor.

In an attempt to be the next YBA Hirst or Emin, artists over the age of 18 and residing in the UK will submit their work online.  All artistic genres, from painting to conceptual, will be accepted.  A panel of art world experts will narrow the entries down to approximately 50 which will then be presented to Saatchi in the form of an exhibition.  Saatchi, himself, will then select six of these artists to participate in the TV show “Saatchi’s Best of British.”

Charles Saatchi is indisputably one of the most significant figures in the art world.  In 1970, Saatchi founded the advertising agency Saatchi & Saatchi with his brother Maurice.  By 1986 Saatchi and Saatchi grew to be the largest ad agency in the world, with over 600 offices.  Yet Saatchi is as much famous perhaps for his direct influence in the art market, establishing the Saatchi Gallery in 1985 in London.  He recently opened his new space in October of last year at Duke of York Headquarters Building in Chelsea, London (as covered by Art Observed here).  In 1997 he mounted an exhibition at the Royal Academy titled Sensation, which travelled to Berlin and New York ruffling feathers along the way and causing the regognition of the artists in the show to in most cases shift to an entirely higher plane.

Jonathan Jones: Reality TV has nothing to offer the art world [Guardian]
Saatchi to front art talent show [BBC]
BBC and Charles Saatchi Launch Reality Show [Art Daily]
Charles Saatchi to host Art X-Factor [Times]
TV show hunts for next Damien Hirst [Metro]
Reality show taps Saatchi [CBC]
X Factor for budding artists [Marie Claire]

More after the jump… (more…)

Grayson Perry; Entrance To The Forest; 2002; Victoria Miro Gallery; London -Photos by ArtObserved

“The surprise is the business we are doing. Frankly, people are expressing more confidence in the art market than the government or Wall Street right now,” said Sean Kelly of Sean Kelly Gallery. The night of December 2nd, Vernissage attendees glittered and Piper Heidsieck champagne flowed.  More importantly, buyers were in attendance, asking questions and indeed, according to most of the galleries interviewed for this article, buying.  On Thursday afternoon, Douglas Baxter, President of Pace Wildenstein professed “We’ve met expectations.” Also on Thursday, when asked his feelings on sales from the night before, a representative at Cheim & Read insisted his artists have been selling well, pointing to Jack Pierson sculpture and a pile of William Eggleston’s photos.  Margherita Belaief of Peres Projects had the same confidence, “It’s hard to say so early but in general, Dash Snow’s pieces are selling strong.”  While hesitant to disclose precise numbers, the overall sentiment of the top galleries was optimistic.

However, it’s important to note while the larger known artists have been selling strong, some galleries have reported some difficulty selling lesser known artist pieces.  Alfons Klosterfelde at Klosterfelde was most direct: “People are asking more questions and really want to know the details,” but he said pointedly as of Thursday, “there have been less sales” and Klosterfelde remarked the pieces sold were from the gallery’s more known artists.

Photos and Writing by Faith-Ann Young

more pictures and story after the jump…

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Mark Leckey receiving the Turner Prize, via the Guardian

The only male among the four artists selected as nominees for this year’s Turner Prize emerged as the winner of what is widely considered Britain’s most important contemporary arts competition, held at the Tate Britain museum for the last 24 years. Mark Leckey’s Cinema in the Round clinched the Turner Prize, joining the ranks of Damien Hirst, Chris Ofili, Tracey Emin, Grayson Perry, Rachel Whiteread,  the Chapman Brothers, Tomma Abts, Steve McQueen, among many other now prominent artists.  The Turner Prize is awarded to the best artist under 50 by a jury which changes every year.  Leckey’s works included films that examined the role of movies and other media in the daily lives of viewers, and how they see themselves.  Cinema in the Round examined this theme in depth, referencing external cultural imagery drawn from such as sources as Felix the Cat, Homer Simpson, Titanic the movie and Philip Guston.  Leckey beat out fellow artists Runa Islam, Cathy Wilkes, and Goshka Macuga for the £25,000 prize, which was presented by musician Nick Cave.  The other competitors took home £5,000 as consolation prize.

Official Site: Turner Prize 2008
Video: ‘I want a TV show,’ Interview with Mark Leckey [Guardian]
Photos: Turner prize 2008: Happy go Leckey [Guardian]
Modest art: out goes the controversy as magpie of the artworld steals the show [Guardian]
‘Felix the Cat’ Artist Mark Leckey Wins Turner Prize [Bloomberg]
Mark Leckey Wins Prestigious 2008 Turner Prize – World’s Top Contemporary Art Award [ArtDaily]

more pictures after the jump…

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Stamford After Brunch, John Currin, 2000

After John Currin’s recent success, against the market, at the November auctions (as covered by AO here), an analysis of his work complete with slideshow [Slate via Artmarketmonitor]
NightTalk has an interview with gallerist Mary Boone [Clipsyndicate]
Some NYC galleries are expanding in a downturn [ArtInfo]

Murakami's Kaikai Kiki "High and Lo" sneakers

Murakami’s Kakai Kiki creates a signature sneaker [TheMoment]
Undeniably influential through his iconic images during the Obama campaign, street art legend Shepard Fairey named a GQ man of the year [Supertouch]
Damien Hirst soon to open his bed and breakfast in Devon, UK [FirstPost]
Tracey Emin states that despite the seeming art-recession, she is “pretty credit-crunch proof” [TelegraphUK]
With prices lower at auction, MoMA acquires [NYTimes]

Amy Winehouse by unknown artist, on RCA Secret postcard, via BBC

2,700 postcards composed by a combination of famous and emerging artists were sold at the Royal College of the Arts’ Secret postcard event this past Saturday, November 22nd, in London.  Every year, students from the college contribute original pieces of art on postcards, along with many of the worlds top artists and assorted other notables, to raise funds for the school. The RCA has managed to raise close to £1 million from the sale of the postcards since 1994, when a student came up with the idea.

Cards sell for £40 each, and are unmarked and unsigned; the viewer or buyer does not know who created it, leading to the possibility of acquiring works by the likes of Damien Hirst, Peter Doig, or Manolo Blahnik very inexpensively.  Postcards have been resold for princely sums at major auction houses. A card by Hirst was sold for £15,600 in 2004, while a Doig original sold for £42,000 in 2000.  “Keeping the works anonymous is a very clever idea because potential buyers have to use their own powers of discrimination,” noted artist and regular contributor Grayson Perry said. “They must look at art works closely rather than read labels, a habit they might find rewarding at any exhibition.”

While readers have missed out on this year’s sale, which was held on November 13th, they can always look forward to 2009.

Exhibition page: RCA Secret
Secret art postcards go on sale [BBC]
Lucky dip in secret postcard sale [GuardianUK]
In London, Purchase a Postcard Worth 42,000 British Pounds [IHT]

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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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