Knives (1981) Polaroid Photography by Andy Warhol, via Paul Kasmin Gallery

A selection of 70 Still-Life Polaroids by Andy Warhol are currently on display at the Paul Kasmin Gallery in New York. The works depict a unique assortment of objects taken by Warhol between 1977 and 1983 and photographed as subjects for Warhol’s drawings, silkscreens, and paintings. The rarity of Polaroid film tells of a specific moment in Warhol’s practice as well as in the history of photography.

Andy Warhol (1928-1987) is famous for his contributions to Pop Art, an art movement that emerged in the 1950s and remained popular over the next two decades.  Photography was an integral part of Warhol’s artwork.  He often referred to his Polaroid Big Shot camera that he purchased in 1970 as his “Pencil and Paper.”

The exhibition captures a variety of subject matter including ballet shoes, eggs, bananas, knives, guns, and disorderly arrangements of shoes and perfume bottles as well as other commercial products such as his iconic soup can and Brillo boxes.

Andy Warhol Still-Life Polaroids
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Paul Kasmin Gallery
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511 27th Street New York, New York
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through January 10, 2009
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Press Release: Andy Warhol Still-Life Polaroids
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Press: Andy Warhol’s Still-Life Polaroids at Paul Kasmin Gallery [NY Daily News]
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“Study for self portrait” (1964) by Francis Bacon was valued at $40 million but was a no sale at Christie’s last Wednesday, via Artnet

The New York Times called it: “easily the worst two weeks of high-end Impressionist, modern and contemporary art auctions in more than a decade” and though gravity of this statement belies some successful sales in the November auctions, in the end there seems to be little question that the art auction landscape has shifted to become a buyer’s market.

The November auctions from Sotheby’s, Christie’s and Phillips lasted roughly two weeks with approximately a 2/3 sell rate and 143 of the 399 offerings failing to sell. The sales would total under $1 billion, well below their combined minimum estimate for the sales of $1.7 billion. Sotheby’s and Christie’s brought in roughly $728.9 million for the Impressionist, modern and contemporary art primary sales which is down $1.6 billion from November, 2007 and $1.3 billion from November, 2006.

The summary points seem to be, in part, that there were some indisputable failures of the unsold works such as Roy Lichtenstein’s Half Face With Collar, seen below, from Sotheby’s Tuesday evening auction (estimated at $15 million to $20 million) and the Bacon self-portrait, seen above, at Christie’s on Wednesday (estimated at $40 million). The Bacon failing to sell was for many a symbol of the current market situation in that it stood in sharp contrast to the Sotheby’s May sale of the Francis Bacon triptych for $86.2 million to Russian Billionaire Roman Abramovich (when it thus became the most expensive contemporary artwork sold at auction).

However, there were still some records and strong showings with works such as the Malevich, seen below, at $60 million (at estimate), which was a record for a Russian painting, and Munch’s Love and Pain aka “Vampire,” seen below, for $38.1 million above its $30 million estimate (both on Monday the 3rd at Sotheby’s) and a Juan Gris, seen below, at an artist record of $20.8 million, also above its estimate of $12 million to $18 million, at Christie’s auction on Thursday the 6th. Nonetheless, most works sold in the low range, or below estimate, or not at all with works by artists that show up infrequently performing generally better and works that show up more often at auctions, such as the Warhols and Hirsts, faring poorly.

Also of note in summarizing the November auctions was the Monday the 3rd Sotheby’s success of the big name financiers Henry Kravis of KKR who sold Edgar Degas’s “Dancer in Repose” for $33 million and former Lehman Brothers CEO Dick Fuld selling 16 Modern and Impressionist drawings for $13.5 million against estimates of $15 million to $20 million, but clearing a reported $20 million guarantee nonetheless from the house.

All this leads to the final recurring news point of the auctions: the painful result of over-market guarantees by the major houses. The applicable guarantees were set in pre-bust summer headier times, but when in place during the November sales they would cost the auction companies losses in the many tens of millions. In two weeks of sales the auction houses guaranteed 80 artworks worth $405.8 million but sold only 60, for a combined total of $342.3 million and an estimated loss of $63.6 million (according to the Wall Street Journal’s calculations). Sotheby’s publicly reported that guarantees were responsible for a $28.2 million loss at its contemporary art auctions last week which adds up to total losses from Sotheby’s from guarantees of roughly $52 million this fall. Bill Ruprecht of Sotheby’s said of the guarantee drubbing: “We’re preparing for a different market. We are out of the guarantee business at least for a while.”

Sotheby’s Says It Lost $10.6 Million More From Art Guarantees [Bloomberg]
In Faltering Economy, Auction Houses Crash Back to Earth [NYTimes]
Making Sales Look Stronger [Wall Street Journal]
Call This One ‘Crisis With a Pipe’ [Wall Street Journal]
Art boom over as auctions fail to bring home Bacon [TimesUK]
Art makes loss but Fuld is still an old master [TimesUK]
Art sales: The week that brought the boom to an end [GuardianUK]
Unsuccessful Auctions OK With Shafrazi [NY Mag]

Previously by ArtObserved:
AO November Auction Roundup 4 of 5: Phillips de Pury’s Contemporary Art Sale, New York, Thursday, November 13th, Results “brutal” but Phillip’s clear due to lack of Guarantees

AO November Auction Roundup 3 of 5: Christie’s Post-War and Contemporary Art, New York, Wednesday, November 12th: Basquiat’s “Boxer” sells while the Bacon does not, “The market is adjusting down”

AO November Auction Roundup 2 of 5 (AO On-Site): Sotheby’s Contemporary Art Evening Sale, New York, Tuesday, November 11th: Sotheby’s crushed by guarantees, Eli Broad: “It’s a half-price sale”

AO November Auction Roundup 1 of 5: Christie’s Impressionist and Modern Art, New York, Thursday November 6th: “Obviously, prices have changed”

AO Auction Results: Christie’s “The Modern Age,” the Alice Lawrence and Hillman family collections sell for less than 50% of estimate as Rothko and Manet headliners are pulled

AO Auction Results: Sotheby’s New York Impressionist and Modern Art, despite select notable sales, overall results were poor

more images after the jump…

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“Untitled (77/23 — Bernstein)” (1977) by Donald Judd sold for $3,218,500 against an estimate of $4.0 million, via ArtInfo

PHILLIPS DE PURY’S CONTEMPORARY ART SALE, New York, Thursday, November 13th

Total Lots Offered: 51, originally 56
Total Lots Sold: 30
Total Sales Value: $9.6 Million
Total Sales Pre-Auction Estimate: $23-$32 Million

Before Phillips de Pury’s Contemporary Art sale began in New York on Thursday evening November 13th, five works were withdrawn, including John Currin’s Standing Nude from 1993 (est. $500–700,000), pictured below, Richard Prince’s Untitled (Tire Planter) from 1999 (est. $120–180,000), and an Anselm Kiefer work. Total sales were $9,608,700, which was less than half of the low estimate of $23 million. By way of comparison, a comparable Phillips sale a year ago fetched $42.3 million. In the end, 41% of the lots (21 lots) were unsold (51% unsold by value) and those that did sell did so at below estimates. Anything estimated to sell at more than $1 million was either withdrawn or went unsold. In attendance were collectors such as Adam Lindemann, Stavros Merjos, Stefan Edlis of Chicago, Maria Baibakova, Mera and Don Rubell, Zurich dealer Doris Ammann, and executives from the Russian luxury goods giant Mercury Group which, as covered by Art Observed here, recently purchased the Phillips de Pury auction house.

Despite the dismal outcome of the totals, Phillips de Pury’s in the end appeared prescient versus its competitors Sotheby’s and Christie’s who both got crushed by over guaranteeing works in a down market, by contrast, Phillips guaranteed none of the 51 works offered, save for a single neon text 2005 sculpture by Kendell Geers, which had a low estimate of $60,000 and sold for $56,250. In a comparable sale last November, Phillips guaranteed about half the lots.

$9.6 Million at Phillips De Pury [ArtNet]
Phillips Sale Totals Less Than Half the Low Estimate [New YorkTimes]
Phillips Goes with the Downward Flow [ArtInfo]
Hirst Painting Flops at ‘Brutal’ New York Art Auction [Bloomberg]

more story and pictures after the jump…

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George Michael via TelegraphUK

At Frieze, George Michael and partner annouce plans for 10,000 sf Dallas space for $200 million in British contemporary art [FirstPost]
Emily Rauh Pulitzer gives $45 million for Harvard’s collection, as well as 31 works, incuding Picasso, Modigliani, and Giacometti valued at an additional $200 million [Boston Globe]
Jackie Wullschlager summarizes 20 years following Damien Hirst’s curated “Freeze” show of YBA ‘s [FinancialTimes]
Two new London outposts for existing galleries: Yvon Lambert across from White Cube and Pilar Corrias in Rem Koolhaas-designed space in Fitzorivia [ArtReview.com]
A Fernando Botero video interview on his Circus series, and part two here [Vernissage]
In new Moscow Museum of Modern Art branch, Sotheby’s previews 50 20th-century works, including Bacon, Warhol and Picasso to be sold for estimated $200 to $300 million in New York in November [The Moscow Times] more on that, and Christie’s Moscow previews, here [NYTimes]

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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Cory Arcangel’s “Golden Ticket” to the 2008 Frieze Art Fair via Artnet

With over 150 galleries, The Frieze Art Fair, set in London’s Regent’s Park, began selling works by over 1,000 artists on October 15. Since its first year in 2003, the Frieze fair has grown to be regarded as the youngest and perhaps the most cosmopolitan and cutting edge of the global fairs, which include Art Basel, Art Basel Miami Beach and the Venice Biennial. The fair, which runs until the 19th of October, and the London auctions that will occur this evening and this coming weekend, mark the first major opportunity for transparency into the the status of the global art market since the widespread financial turmoil began. Following Damien Hirst’s groundbreaking, clearing house, £111.5 million, direct-to-market auction of his own work at Sotheby’s last month (as covered by ArtObserved here) the market has had some clouds brewing over it, with beginning indications of weakness manifesting in events such as Sotheby’s lackluster first evening sale of contemporary Asian art in Hong Kong earlier this month (as covered by ArtObserved here), which sold £7 million against expectations of £30 million to another auction that same weekend in which Sotheby’s sale of modern 20th-century Chinese art left over a third of the lots unsold. More recently, the Singapore Art Auctions were also a dissapointment.

London’s Frieze Prepares for a Chill [Wall Street Journal]
Crisis Imperils U.K. Art Fairs, $183 Million Sales, Dealers Say and Auction Houses Guarantee Top Lots; Dealers See Falling Demand and Paltrow, Saatchi, Zhukova Browse Frieze Art as Sales Go Slowly, Aguilera Parties, Damien Hirst Has a Head Case: London Art Buzz [Bloomberg]
Deep Frieze: UK’s hottest art fair braces itself for the chill of the banking crisis and Prank canvas [GuardianUK]
Frieze Art Fair: Super-rich to cast economic crisis aside and Andy Warhol’s Skulls up for auction [Telegraph]
All the fun of the fairs: the art world gathers for Frieze [Independent]
The Post-Materialist | Frieze Art Fair [TheMoment]
Diary: Frieze Frame [ArtForum]
Frieze Factor [Artnet]
Frieze: First night blur [ArtReview]
Frieze Art Fair 2008 [Frieze Art Fair]

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Self-Portrait via The Hayward Gallery, London

Nearly twenty years after The Hayward Gallery in London put on Andy Warhol: A Retrospective (1989), Hayward is now hosting Andy Warhol: Other Voices, Other Rooms, another retrospective of Warhol’s work. Other Voices, Other Rooms, which has been on tour since last October at the Stedelijk Museum in Amsterdam and then at the Moderna Museet in Stockholm, uses Warhol’s film and video work as a starting point to explore the artist’s core subjects, “voyeurism, celebrity, the mundane, blurring distinctions between high and low culture.”

Highlights from Andy Warhol: Other Voices, Other Rooms [Art Daily]
Andy Warhol at The Hayward Gallery [TimesUK]
Review of Other Voices, Other Rooms [Independent]
Overexposed and over here [Guardian UK]
Giant who changed the world [Financial TImes]
Works in Andy Warhol: Other Voices, Other Rooms [The London Paper]
The Hayward Gallery, London

More images and information after the jump (more…)

Desmond by Jean Michel Basquiat, up for auction at Christie’s Post-War and Contemporary Art Auction, via Christie’s

In addition to selling a rare portrait by Francis Bacon, Christie’s October 19 auction catalogue features a long list of post-war luminaries. Several portraits of Mao and Marilyn Monroe by Andy Warhol figure prominently among the auction’s offerings. A sculpture by Jeff Koons, as well as pieces by Jean Michel Basquiat, Gerhard Richter, Richard Prince, Anish Kapoor, Willem de Kooning, Lucian Freud and a plethora of other artists account for the rest of the lots. The priciest of 48 lots is expected to be Lucio Fontana’s canvas, Concetto spaziale, la fine di Dio, which should fetch around £12 million pounds ($21.8 million).

Christie’s: Post-War and Contemporary Art Evening Sale
Christie’s: Press Release for Post-War and Contemporary Art Evening Sale
Fontana work may fetch $21.8 million in Record Christie’s Sale [Bloomberg]
Bacon Portrait Expected to Sell for £7.5 million at Christie’s Auction in October [ArtObserved]

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Catherine Opie via NYTimes

On Catherine Opie, whose exhibition opens at the Guggenheim today [NY Times]
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Sotheby’s: Cat painting by 17-year old Damien Hirst is worthless [Guardian]
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Auction of purported artist friend-of-Andy Warhol blocked by Warhol foundation due to its never having heard of the man [New York Post]
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A review of “After Nature”- an apocalyptic themed exhibition at the New Museum [NYMag]
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Accusations of a conflict of Interest concerning François Pinault and Jeff Koons at Versailles exhibition [ArtForum]
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A full 1/2 of Gagosian Gallery’s London sales are to Russians [ArtInfo]

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Le Grande Julie, Fernand Léger (1945) via Foundation Beyeler

Fondation Beyeler Presents Fernand Léger Retrospective, Paris to New York, at their space in Switzerland through September 7, 2008. On view at the exhibition are over 80 paintings, several works on paper, an original Léger film from 1924 called Ballet mécanique, in addition to approximately 20 pieces by American artists that exemplify some sort of influence from Léger and his work. Exhibition is more than just a retrospective of work completed by Léger; it also focuses on how the artist influenced the American Pop movement by exhibiting work from other well-known artists such as Roy Lichtenstein, Ellsworth Kelly, Kenneth Noland, Robert Rauschenberg, Al Held, Andy Warhol, Jasper Johns, James Rosenquist, and Frank Stella, all of which reference Léger’s work in one way or another. Philippe Büttner of Fondation Beyeler is responsible for curating the Retrospective.

Fondation Beyeler Presents Today in Basel Fernand Léger: Paris – New York [ArtDaily]
Fondation Beyeler, Fernand Léger Retrospective, Paris to New York [Beyeler]
Art Exhibitions: Fondation Beyeler [Yucolo]

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Arcangelo Sassolino via Men’s Vogue

Arcangelo Sassolino’s mechanical sculptures: art with highly destructive potential [Men’s Vogue]
Bond no9’s perfume tribute to Andy Warhol’s would-be 80th birthday [Art News Blog]
Will a statue of the Queen Mary replace art commissions on Fourth plinth? [Guardian]
The Met lends 28 significant modern sculptures to University of Texas [NYtimes]
Whitney Museum selling five nearby townhouses [CrainsNYBusiness]
The Sovereign, a new European art prize, controversially combines award and auction [Financial Times]

Installation View via Matthew Marks Gallery

Painting: Now and Forever, Part II remains on view through August 15 as a joint exhibition at Matthew Marks Gallery, 522 West 22nd Street and Greene Naftali Gallery, 508 West 26th Street. The show is a reprisal of one held ten years ago, but from a different angle. The artists in the current show are Kai Althoff, Cosima von Bonin, Merlin Carpenter, Mathew Cerletty, Wojciech Fangor, Katharina Fritsch, Gelitin, Isa Genzken, Poul Gernes, Daan van Golden, Jack Goldstein, Rodney Graham, Wade Guyton, Richard Hawkins, Mary Heilmann, Sophie von Hellermann, Charline von Heyl, Ull Hohn, Sergej Jensen, Mike Kelley, Ellsworth Kelly, Karen Kilimnik, Martin Kippenberger, Michael Krebber, William Leavitt, Michel Majerus, Bjarne Melgaard, Laura Owens, Blinky Palermo, Stephen Prina, R.H. Quaytman, Ugo Rondinone, Paul Sharits, Josh Smith, Reena Spaulings, Lily van der Stokker, Atsuko Tanaka, Paul Thek, Anne Truitt, Kelley Walker, Christopher Wool, and Katharina Wulff.

Painting: Now and Forever, Part II [Artcal]
Painting Now and Forever, Part II at Green Naftali [Flavorpill]
Painting: Now and Forever, Part II at Green Naftali and Matthew Marks [Design Boom]
Painting: Now and Forever, Part II, in collaboration with Green Naftali Gallery [Matthew Marks]
Painting: Now and Forever, Part II [Village Voice]

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Andy Warhol’s Muhammed Ali Print via Artinfo

Warhol’s $28m “Athletes” series in Beijing for the Olympics [Macau Art]
Armed thieves steal 15 Antonio Berni works worth $2.2m in Buenos Aires [Art Daily]
New niche for ‘functional sculpture’ or art-as-furniture, among the big art buyers [Independent]
An increase in collectors wanting liquidity in their art by borrowing against it [NYSun]
Western art galleries in Beijing work quickly to cater to new wealthy Asian buyers [Telegraph]
Pretty Ugly at Gavin Brown and Maccarone reviewed the Times, previously covered by AO here [NYTimes]

Red, Andy Warhol, (1978) via Gagosian

Gagosian’s spacious Chelsea gallery presents 13 contemporary artists in ‘Retrospective’: Chris Burden, Marcel Duchamp, Tom Friedman, Piero Golia, Douglas Gordon, Richard Hamilton, Jasper Johns, Roy Lichtenstein, Takashi Murakami, Piotr UklaÅ„ski, Andy Warhol, Martin Kippenberger, and Ed Ruscha. Keeping in company with several thematic group shows this summer, this one has been assembled by Andisheh Avini, Gagosian curator, and artist.

Press Release [Gagosian]
‘Retrospective’: Been There, Sold That [NYSun]
Some Shows For Escape, Some For Introspection [NYTimes]
View video of the Retrospective group show here [Gagosian]

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Temenos, one of five giant public art works by Anish Kapoor via Guardian

Anish Kapoor’s $30M Public art project in Middlesbrough, UK [Guardian]
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$500,000 in Warhols, Lichtensteins stolen from Swedish Museum [Artdaily]
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Murakami ceases Cerulean LLC’s resale of sculpture at Christie’s after contract violation [Artinfo]
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Noteworthy video of Rauschenberg on his ‘Erased de Kooning Drawing‘ [Seattlepi via C-Monster]
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Art title insurance by ARIS offers new and broader protection for collectors [NYSun]
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Banksy’s street crew, ‘Pest Control’, certifies authentic works in response to copies [Rawartint]
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In response to museum pleas, senate loosens tax deduction rules on art donations [NYTimes]

“Pretty Ugly” at Gavin Brown Enterprise via Art Observed

Art Observed was on site at the opening of “Pretty Ugly” on Thursday, July 10th. The show took place at two neighboring galleries on Greenwich St. in New York: Gavin Brown’s Enterpise and Maccarone.
The show was curated by Alison Gingeras, of the Pinault collection, and featured work from more than 75 artists, including John Currin, Louise Bourgeois, the Chapman Brothers, Paul McCarthy, Takashi Murakami, Alice Neel, Hermann Nitsch, Andy Warhol, Francis Picabia, and Rob Pruitt, just to name a few.

Pretty Ugly: Press Release [Gavin Brown’s Enterprise]
Pretty Ugly, Maccarone [Maccarone Gallery]
A Pretty Ugly New York Art Eclipse [Flash Art]
This Week in Art Openings: Totally Rad, Pretty Ugly, and The Shallow Curator [Papermag]
Pretty Ugly [Artlog]

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Starry Night over the Rhone, Van Gogh via NYTimes

‘Van Gogh and the Colors of the Night’ coming to The MOMA [NYTimes]
Details of contract for the Louvre Abu Dhabi revealed [TheArtNewspaper]
In industry executive news: MoMA’s Chief Curator of Paintings and Sculpture says ‘Good-Bye’ [NYSun]
In other executive moves, DIA Art Foundation has a New Director, Philippe Vergne [NYMag]
More executive news: Neil MacGregor, of the British Museum, declines directorship of the Met [TIME]
In page six today: Andy Warhol criticized in memoir by former friend and Ahn Duong, former flame to Julian Schnabel and Simon de Pury, ends her marriage [NYPost]

Marc Jacobs channels Andy Warhol via Interview Magazine

Interview Magazine, founded by Warhol, dedicates this month to Warhol [Interview Magazine]
Bilbao Guggenheim makes a $156M expansion into the countryside, more here [Reuters] [NYTimes]
Tracey Emin’s 1st retrospective will be in Edinburgh [Times Online]
Steve McQueen, an artist working primarily in film, represent Britain at Venice Biennale [Guardian]
A major Goya was in the end painted by his pupil [Independent]
Victor Pinchuk and Carlos Slim Helu newly make Top 10 of top 200 art collectors [ArtNews]

Naked Portrait with Reflection, Lucian Freud (1980) via Artinfo

Christie’s held its Postwar and Contemporary Evening sale on Monday, June 30th, setting new records and selling 83% of the lots. The four largest sales came from Jeff Koons, Francis Bacon, Lucian Freud, and Andy Warhol. Other artists who were featured in the finely curated sale were Mark Rothko, Gerhard Richter, and Gilbert and George just to name a few. Out of the 48 lots that sold, 30 of them made over $1 million, and the total sale raised $172 million. This is Christie’s best result for a post-war and contemporary art sale in Europe.
Bacon Self-Portraits Fetch $34.5 Million at London Art Auction [Bloomberg]
Koons sculpture highlights record-breaking art sale [APF]
Koons record as London art sales draw to close [Reuters]
Christie’s London Bests Own Contemporary Record [Artinfo]
Record price for Koons sculpture [BBC]
Christie’s Post War and Contemporary Art Sale [Christie’s]
Bacon Triptych Sells for $34.4 Million in London [NYTimes]
Dead Artists Breathe Life Into Auctions [Wall Street Journal]
Koons’s ‘Balloon Flower’ sits in St. James Square before sale at Christie’s June 30th [Art Observed]

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Study for Head of George Dyer, Francis Bacon (1967) via NYTimes

Sotheby’s Contemporary Art Sale in London took place yesterday on July 1st and brought in an encouraging total of $188.8 million.  Francis Bacon’s painting of the profile of his lover and companion, George Dyer, was a highlight of the auction. This intimate portrait based on a photograph by John Deakin, was originally predicted to collect $15.5 million, but sold at a much higher $27.4 million to an anonymous collector. Although the sellers of the Bacon painting were kept anonymous, the New York Tims reported that experts speculate that it was sold by Ian and Mercedes Stouker, London Philanthropists.  Other impressive results of the sale achieved records for 11 different artists, and included the high profile sale of a Basquiat painting from seller U2, and an Andy Warhol from seller John McEnroe. The sold-out collection from the German industrialist, Walther Lauffs, which included work from Yves Klein, was another highlight of the show.

Sotheby’s July 2008 Contemporary Art Evening Sale Triumphs [Artdaily]
U2’s Jean-Michel Basquiat work on Sotheby’s block for $17.7M [Art Observed]
Bacon Stars, 10 Records Set at Sotheby’s; U2 Sell Art [Bloomberg]
Anish Kapoor sculpture attracts $3.87 mn at Sotheby’s sale [Economic Times]
Ten Works Set Records at Sotheby’s Contemporary Auctions [NYSun]
Sotheby’s contemporary art sale reaches £94.7 million [International Herald Tribune]
Contemporary Art Evening Auction Results [Sotheby’s]
Bacon Is Again a Top Draw at Auction [NYTimes]

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Chant 2, Bridget Riley (1967) via Sotheby’s

Sotheby’s is holding its Contemporary Art Evening Auction on Tuesday, July 1st at its New Bond St. location in London. The sale’s highlights include works from Francis Bacon, Jean-Michel Basquiat, Antony Gormley, Damien Hirst, Anish Kapoor, Jeff Koons, Takashi Murakami, Richard Prince, Gerhard Richter, Bridget Riley, Andy Warhol and a number of other notable contemporary artists. The complete body of works for this sale will be on view at Sotheby’s New Bond St. galleries Monday, June 30 from 9am-7pm and Tuesday, July 1 from 9am-12noon.

Bridget Riley’s piece, Chant 2, a unique color painting which will be in the sale, was part of a show which won the artist the esteemed International Prize for Painting at the 34th Venice Biennale in 1968 .

Estimate: $4,000,000 – $6,000,000 (Pictured above)

London Contemporary Art Evening Auction [Sotheby’s]

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Nine Multicolored Marilyns, Andy Warhol (1979-1986) via Phillips

Phillips de Pury & Company is holding it’s Contemporary Art Sale on June 29 and 30. The sale highlights works from Andy Warhol, Damien Hirst, Willem de Kooning, Jean-Michel Basquiat, Paul McCarthy, and many other distinguished contemporary artists.

Phillips Contemporary Art Sale [Phillips]

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Lowman and Colen’s, Wet Pain, at Maccarone via NY mag

A critique of Dan Colen and Nate Lowman at Maccarone [NY mag]
Supreme launches Marilyn Minter skate decks [Supertouch]
Collector/Art in America owner Peter Brant’s supermodel wife editor of Warhol’s Interview [Sassybella]
Antwerp’s low profile art gallery gems [NY Times]
Sotheby’s Previews $30 million of contemporary art in an upscale Russian mall [Bloomberg]
Update: Murakami as a capitalist in Brooklyn [The Economist]

Banksy’s graffiti in London via Supertouch

Banksy’s possibly largest most brazen, work to date [Supertouch]
Update: Murakami’s superflat: “epidemic wanderlust produced by psycho-socio-sexual binarism”[NYObserver]
Update: Rothko kin successfully transfer his remains [NY Times]
“The New York canon” from Acconi to Warhol [New York mag]
Painter Ross Bleckner to write a memoir [Daily news]
Whitney Biennial annex at Henri Bendel window [Artnet]
Centre Pompidou cancels Calder exhibition due to lack of funds [Art NewsPaper]