Damien Hirst, For Heaven’s Sake (2008). Platinum, pink and white diamonds, 85 x 85 x 100 mm. © 2011 Damien Hirst and Hirst Holdings Ltd, DACS 2011

For the inauguration of the Gagosian Gallery‘s new Hong Kong exhibition space, Damien Hirst presents Forgotten Promises, a show displaying new paintings and sculpture by the artist. With these new works Hirst continues his existential interrogations of existence, death, beauty, and decay, including Butterfly Fact Paintings, a series of diamond studded cabinets, and a life-size human baby skull covered in diamonds. “Diamonds are about perfection and clarity and wealth and sex and death and immortality. They are a symbol of everything that’s eternal, but then they have a dark side as well,” says Hirst in the press release.

Artist Takashi Murakami at the exhibition, via Arrested Motion

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Inside the Bermondsey Street warehouse, via NovaLoca

London art dealer Jay Jopling has just announced that the former Recall warehouse in Bermondsey Street will soon be converted to a gallery under his White Cube umbrella.  Jopling, through White Cube, represents such artists as Jake & Dinos Chapman, Tracey Emin, Damien Hirst, Gary Hume, Marc Quinn and his former wife Sam Taylor-Wood, among others.
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Jay Jopling, via The Rich Life

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Anselm Kiefer, Winter Ade Scheiden Tut Weh Aberdein Scheiden Macht, Dass Mein Herz Lacht (Goodbye, Winter, Parting Hurts But Your Departure Makes My Heart Cheer), 2010
Listed at $100,000

Last night at the Lehmann Maupin Gallery on Chrystie street in the Lower East Side of New York, West-Village-based Foundation for Contemporary Arts held a benefit auction selling nearly 200 paintings and sculptures.  All proceeds went to programs of the FCA, “hoping to assist and encourage innovation, experimentation and potential in the arts,” this year providing 14 grants to artists, of $25k each.

A view from the balcony

The benefit was extremely well attended, with some of the artists joining as well. The large number of works represented a variety of globally well-known artists, including Damien Hirst, Andy Warhol, Jasper Johns, Ed Ruscha, Brice Marden, Francesco Clemente, Bruce High Quality Foundation, Jake and Dinos Chapman, Julie Mehretu, James Rosenquist, Roy Lichtenstein, David Salle, Frank Stella, Elizabeth Neel, Julian Opie, Cecily Brown, Vija Celmins, Robert Gober, Nate Lowman, Dan Colen, Dana Schutz, Kara Walker, and T.J. Wilcox, to name a few.

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Installation view, “Damien Hirst: Medicine Cabinets” at L&M Arts, New York. Courtesy of L&M Arts.

In case you missed Damien Hirst at last month’s Contemporary Art auctions (just one painting made it to an evening sale), there is still time to see eighteen of the artist’s Medicine Cabinets installed at L&M Arts in New York. The cabinets are exhibited along with a collection of Sex Pistols memorabilia that includes posters, prints, and t-shirts.

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Art dealer Jay Jopling at the White Cube booth

Art Observed was on-site December 1st for the VIP Preview of Art Basel Miami Beach 2010, which opened to the public this morning at 10 a.m. Like most international fairs of its scale and scope, the work presented broadly underscores the trends witnessed across commercial markets and throughout museum and gallery exhibitions over the past several months. It also affords individual institutions an important opportunity to distinguish themselves from their peers, and provide fresh and immediate insight into the nuances and complexities of contemporary taste.

Richard Jackson, Upside Down Duck at the Kordansky Gallery Booth

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“For the Love of God” 2007, platinum diamond and human teeth. Image via White Cube Gallery, Beyond Belief exhibition.

“For the Love of God,” Damien Hirst‘s globally recognized piece in which he encrusted a circa-1800 AD skull with 8,601 diamonds (including a £4 million pear-shaped pink diamond embedded in the forehead), is now on display through May 1, 2011 in the Palazzo Vecchio – the massive Renaissance fortification and historic seat of the Florentine government.  The 2007 work, an iconic symbol of the last art boom, has not been displayed publicly in recent years.

The Pallazzo Vecchio, the current home of Damien Hirst’s diamond skull.  Image via Turismo Intoscana.

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These Days (2008-2009) by Damien Hirst, via Gagosian Gallery

Currently on view at the Gagosian Gallery (Davies Street) in London is “Poisons + Remedies:” an exhibition of new paintings by Damien Hirst, in which the artist explores the opposition between life and death through binaries of color and scale. In these works, Hirst expands upon his now-iconic use of the skull, represented starkly here in black and white, contrasting it with colorful, detailed images of scattered pills, which also reflect his ongoing interest in pharmacological motifs.

Passover (2008-2009) by Damien Hirst, via Gagosian Gallery

Damien Hirst, I am Become Death, Shatterer of Worlds, 2006 (est. 2.5-3.5 million GBP, realized 2.2 million GBP), via Christies.com

Thursday’s Post-War and Contemporary Art Evening auction brought in a total of 19,585,400 GBP, within the presale estimate of 15.9-22.7 million GBP. The auction had a sell through rate of 86% by lot and 92% by value, with 7 of the 51 lots bought in. While 40% of the lots exceeded their high presale estimates, the featured lot did not reach its low presale estimate. Damien Hirst‘s I am Become Death, Shatterer of Worlds carried a presale estimate of 2.5-3.5 million GBP and sold for 2.2 million GBP.  All sale totals stated in this article include buyer’s premiums and come directly from Christie’s official website or courtesy of The Baer Faxt.

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Damien Hirst, I am Become Death, Shatterer of Worlds, 2006 (est. 2.5-3.5 million GBP), via Christies.com

The Frieze Art Fair begins this week in London and is accompanied by Contemporary Art sales at the three major auction houses. This year, Phillips de Pury will kick things off with a 56 lot evening sale on October 13th, followed by a 51 lot sale at Christie’s on the 14th and a 40 lot sale at Sotheby’s on the 15th. After the dismal results of last year’s equivalent sales and the lackluster results of the summer sales, the art world is hoping that these auctions will give a stronger indication that the market for contemporary Western art is in fact recovering.

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Manolo Valdés, Butterflies, via Sothebys.com

From September 13 to October 31, 2010, Sotheby’s London will exhibit 24 works of sculpture at Chatsworth House, Derbyshire. Each of the pieces is offered for sale in the auction house’s fifth Selling Exhibition of Modern and Contemporary Sculpture, titled Beyond Limits. Among the artists featured are Lynn Chadwick, Yue Minjun, Arnaldo Pomodoro, Damien Hirst, Marc Quinn, Subodh Gupta, Ju Ming, Eduardo Chillida, Germaine Richer and Barry Flanagan.

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Lucian Freud, Eight Months Gone, 199700–>

Jerry Hall, the American model and ex-wife of legendary rocker Mick Jagger, will send 14 works from her collection to auction next month at Sotheby’s Contemporary Art Sale in London. Hall’s lots are estimated to fetch at least £1.5 million, and include works by Lucian Freud, Andy Warhol, Damian Hirst, Robert Graham, Ed Ruscha, Francesco Clemente, R.B. Kitaj, and Frank Auerbach.

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Damien Hirst, St. Bartholomew Exquisite Pain, 2006. Image via exhibition website.

On view at Gloucester Cathedral through October 30, 2010 is ‘Crucible,’ a large group exhibition of contemporary sculpture displaying more than 75 works of art. The show is installed in both the main building and throughout the grounds, and features work by some of Britain’s most important living artists, including Damien Hirst, Antony Gormley, David Nash, Marcus Harvey, and Lynn Chadwick. Of the participating artists, 13 are members of the Royal Academy of Arts, and 1 Royal Hibernian Academian. The exhibit opened to the public on September 1, and is organized jointly by Glouster Cathedral and Gallery Pangolin.

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‘Newspeak: British Art Now,’ all images are via Charles Saatchi Gallery unless otherwise noted

Currently on view at the Saatchi Gallery is ‘Newspeak: British Art Now,’ an exhibition featuring more than 30 young British artists whose work is represented in the collection of Charles Saatchi. The European premiere of the show was held at the State Hermitage Museum, St. Petersburg, Russia in October 2009.

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Julie Mehretu, Untitled 1, 2001 (est. $600-800,000), via Sothebys.com

Almost two years to the day after Lehman Brothers filed the largest bankruptcy in U.S. history, the bank will auction off hundreds of artworks worth some $16 million in hopes of raising funds for its creditors. There will be an auction at Sotheby’s New York on September 25 followed by an auction at Christie’s London on September 29. The smallest of the three auctions will be held at Freeman’s in Philadelphia on November 7 and will focus on the Lehman’s Contemporary Art holdings.

Damien Hirst, We’ve Got Style (The Vessel Collection Blue/Green), 1993 (est. $800,000-1,200,000) via Sothebys.com

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Hymn (1999) by Damien Hirst, via Oceano.org

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Tragic Anatomies (1996) by Jake and Dinos Chapman, via Artnet

Renowned advertising tycoon and art collector Charles Saatchi, 67, announced today that he would gift the Saatchi Gallery and over 200 works of art to the nation. Located in the Duke of York Square in Chelsea, the gallery will be renamed the Museum of Contemporary Art London in 2012 once Saatchi retires. The works which will be donated total more than $37.5 million and are situated in a 70,000 square foot gallery, one of the largest spaces in the world. Among the works to be donated  include Tracey Emin‘s “My Bed” (1998), Jake and Dinos Chapman‘s “Tragic Anatomies” (1996), Richard Wilson’s oil room (1987), and Kader Attia‘s “Ghost” (2007).

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Quilt by Alexandre da Cunha, and Six Billboards by Angus Fairhust, Art Basel.  Image via Art Daily, AP Photo/Keystone/Georgios Kefalas.

Yesterday marked the end of the most highly-attended Art Basel to date. The 41st annual contemporary art fair boasted 306 galleries from 36 countries, and AO was on site to peruse the work of some 2,5000 artists.  62,500 dealers, collectors, curators, high-profile shoppers, artists, and art appreciators navigated installations, browsed gallery booths, mingled, and enjoyed the city of Basel.  Artists, established and newcomers both, showcased works ranging from Polaroids to performance pieces, paintings to videos, sculptures to large-scale installations.  A social and teeming affair with an obvious commercial edge, Basel’s sales were optimistic.  Picasso, Warhol, Prince, Hirst, de Kooning, Pollock, and other similarly established artists reigned supreme as the focus of this year’s event.  Franck Giraud, a New York dealer, spoke to the New York Times about the lack of prominently featured up-and-comers: “Is it because that’s what the market wants, or is it because dealers didn’t want to take risks? I think it was a bit of both.” Nonetheless, certain galleries used Basel as a platform to introduce new artists and show off their latest signings.

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Damien Hirst and Michael Joo, 2010 © Damien Hirst/Hirst Holdings Limited and Michael Joo 2010 via Other Criteria, photo by Johnny Shand Kydd.

On view at Haunch of Venison, Berlin, “Have You Ever Really Looked at the Sun?” is the first joint exhibition of Damien Hirst and Michael Joo, two artists whose often-controversial mediums (animals, a diamond-encrusted, platinum skull, urine) have offered convenient comparisons since the late 1980s.  This exhibition displays both new and canonical works in a manner that allows the works’ conceptual interests to flourish, despite—and in conversation with—their formal similarities.

Michael Joo, Improved Rack (Elk #18), 2010, antler, stainless steel, 72 x 115 x 37 inches © Michael Joo, via Haunch of Venison

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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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Installation View  All photographs are via Gagosian Gallery unless otherwise noted

Currently on view at Gagosian Gallery, 6-24 Britannia street, London is the exhibition titled “Crash, Homage to J.G. Ballard” , a group show dedicated, as the name suggests, to the oeuvre of J.D. Ballard, a prominent British novelist and short-story writer, a representative of the New Wave movement in science fiction.  The exhibition was put together to pay tribute to the enormous cultural influence of J.D. Ballard’s fiction on many visual artists. The impressive selection of works by  such prominent artists as Ed Ruscha, Richard Hamilton, AndyWarhol and Helmut Newton illustrates profound engagement of the writer with the works of visual artists of his generation and their mutual influence.

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Strange Attractors, Aki Sasmoto – all photographs by Oskar Proctor for Art Observed.

This week the Whitney Museum of American Art, New York opened its doors for the 75th edition if its defining exhibition: The Biennial. Simply titled, 2010, the show rejects an organizational theme and instead uses time as its marker in a matter-of-fact cross-section of American art today. The show is one of the smallest in the Biennial’s history – works by only 55 artists and collaborative teams are displayed on four floors of the museum’s ‘Breur Building’ in Manhattan’s Upper East Side. This year the entire third floor of the building has been taken dedicated video installation – first exhibited at the Biennial in 1975 – a sure sign that video work has now reached maturity, worthy of recognition as an independent art form. In addition, the museum’s fifth floor is devoted to artists in the Whitney’s permanent collection who have shown in past Biennials.

Francesco Bonami, Curator of Whitney Biennial 2010

Whitney Biennial 2010 – Interview with curator Francesco Bonami via VernissageTV

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End of an Era (2009) by Damien Hirst, via the Gagosian Gallery

Currently on view at Gagosian Gallery on Madison Avenue are new sculptures and paintings by Damien Hirst.  The exhibition takes its title, “End of an Era,” from the central sculpture of the exhibition: a severed bull’s head with golden horns and a solid gold circular disc cast in formaldehyde and encased in a gold vitrine on a marble pedestal.  Hirst’s September 2008 monumental Sotheby’s London auction, where he famously circumvented his dealers, is widely recognized as marking the top of the recent art market rise. In this this auction the centerpiece was the “The Golden Calf” which sold for £10,345,250 with buyer’s premium and was cited as a reference to Hirst’s representation of cultural excess, worshipping false idols and likely Hirst’s own myth making.  The current exhibition title, and the decapitated head of basically the same artistic work, certainly has Hirst again presenting self-referential messages in light of his work’s current cultural and economic context.

Painful Memories/ Forgotten Tears (2008) by Damien Hirst, via Gagosian Gallery

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New MOCA Director, Jeffrey Deitch. Via LATimes

More on  MOCA’s new director, Jeffrey Deitch, who brings his more business-oriented background to the Museum in LA: [Bloomberg] Deitch’s contract with the museum has certain safeguards against conflicts of interest that might arise from his foot in the business world– among the new rules, Deitch must notify the museum’s board of anything he adds to or sells from his collection. [LATimes]

Eli Broad and his Broad Art Foundation reveal that they are considering 3 different Westside locations on which to build and endow a museum for his art collection. The third site was recently revealed as being a ten-acre parcel on the campus of West LA College in Culver City.  [LA Times]

Works by Picasso and Henri Rousseau have been stolen from a private villa in the South of France, marking the country’s second major art robbery in that week– (work by impressionist painter Edgar Degas was stolen from the Cantini Museum in Marseilles only days before). [FT]

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