Dealers
Marion Maneker0May 14, 2012

Vernissage TV: A Rebours at Venus Over Manhattan

Dealers
Marion Maneker0May 14, 2012

Can Christie’s Gagosian-ize Itself?

Rumors that Gagosian Gallery’s John Good, who resigned last week, is going to work at Christie’s in their private sales division, headed by Amy Cappellazzo, remind us that new CEO Steven Murphy has put private sales at the center of his strategy for the future of the company. But one question nags. Can an auction house, which is ultimately an agent for the seller, find within itself the culture and drive of a sales organization?

As anyone who has worked in sales will tell you, truly effective sales organizations are different animals from almost any other type of enterprise. Think Glengarry Glenn Ross.

Here’s the Observer’s GalleristNY on the move:

“This shows that Christie’s is ambitious about private sales,” said one collector familiar with Mr. Good’s new position. “It will bring in a large number of relationships.”

Before joining Gagosian, Mr. Good had his own gallery, which closed in the early 1990s after the market crash. At Gagosian, he worked with a number of artists and estates, including the estate of sculptor David Smith. He was instrumental in bringing the estate of Alberto Giacometti to the gallery.

John Good Leaves Gagosian, Reportedly For Christie’s Private Sales (GalleristNY)

Dealers
Marion Maneker0May 07, 2012

Everyone Takes a Big Step Back from Knoedler

The New York Times continues to stoke the Knoedler fraud story today by giving a number of prominent art world figures the opportunity to step back farther from the simmering troubles surrounding a group of works sold by the gallery. This time the Diebenkorn estate, John Elderfield and former Knoedler director Lawrence Rubin all claim they were opposed to the sale of two drawings that did not seem right when viewed by Diebenkorn’s heirs:

While the gallery and Ms. Freedman deny the accusations, the art scholar who accompanied the Diebenkorn family that day in 1993 said he could confirm the family’s account. “This was a long time ago, but I can remember standing in the room at Knoedler, particularly Phyllis and I looking at them,” said the scholar, John Elderfield, a former curator at the Museum of Modern Art who still assists the family in reviewing artworks. “We did express doubt.”

The drawings in question were two of five sold by Knoedler as Diebenkorns that came from a man who would not say where he had gotten them, Mr. Grant said. The family also disputes the authenticity of another five drawings that Knoedler sold in the 1990s as part of the Ocean Park series and were said to have come from a second source, a Madrid gallery called Vijande, now shuttered. [...]

The records also show, he said, that one of the two drawings the family reviewed was sold, not by Ms. Freedman but by her predecessor at Knoedler, Lawrence Rubin.

Mr. Rubin, who remains close to the Diebenkorns, said in an interview that he does not remember being involved in such a sale, and that he never thought the drawings were authentic. “I told Phyllis Diebenkorn that I thought they were not right,” he said. “ I never believed in those drawings.”

And yet the gallery sold them.

Dealers
Marion Maneker0May 04, 2012

Forbes Estimates Top Gallery Sales

Dealers
Marion Maneker1April 30, 2012

Michael Findlay’s Art Education

Michael Findlay is a New York art dealer whose career spans the range of the art market from Madison Avenue to Soho in the late 60s and early 70s to Christie’s at the height of the Japanese art boom to the depths of 1990s art recession and, finally, more than a decade at Acquavella Galleries as the super dealers have come to dominate the top end of the market and host museum quality shows to rival their academic cousins.

He has just published a remarkable book called The Value of Art in which he attempts to explain to the initiated and the un-initiated why and how paintings come by their prices. We sat down a week or so ago with Mr. Findlay to talk about his career and the art market.

One thing we wanted to know was how Findlay, who dropped out of university after two semesters, came by his art education. The answer we got was cryptic but still illuminating:

Having established that the best way to learn about a work of art was to look at it, we still wondered how a young man interested in Contemporary art should eventully  come to head Christie’s Impressionist and Modern department. The answer, again, lay in the market itself:

The Value of Art by Michael Findlay

Dealers
Marion Maneker0April 28, 2012

Michael Findlay’s NY Adventure

Michael Findlay is a New York art dealer whose career spans the range of the art market from Madison Avenue to Soho in the late 60s and early 70s to Christie’s at the height of the Japanese art boom to the depths of 1990s art recession and, finally, more than a decade at Acquavella Galleries as the super dealers have come to dominate the top end of the market and host museum quality shows to rival their academic cousins.

He has just published a remarkable book called The Value of Art in which he attempts to explain to the initiated and the un-initiated why and how paintings come by their prices. We sat down a week or so ago with Mr. Findlay to talk about his career and the art market.

In this clip, he explains how he came to be in New York from Britain and the accidental path he took into the art world:

I spent two semesters at York University in Toronto in 1962-63 on a scholarship from a traditional English boarding school. I found out that Toronto in the early 1960s was much like Manchester in the Dickensian era. It was very bleak. I returned my scholarship . . . with thanks.

Let’s let Michael pick it up from there:

 

Findlay may not have had luck anywhere else on Madison Avenue but he only needed one break and he got that with Richard Feigen:

 

The Value of Art by Michael Findlay

Dealers
Marion Maneker0April 27, 2012

What Elderfield Does for Gagosian

Artinfo has a brief interview with John Elderfield discussing his new role at Gagosian. One off-hand comment does serve as a reminder of the value and advantage to Gagosian that running these exhibitions offers.

Having a curator of Elderfield’s stature organizing shows will attract and flatter even the most confident collector. So when, Elderfield says this:

“I’m also going to be intrigued to see whether lenders feel differently about lending to different kinds of institutions.”

We can safely decode it as, it will be interesting to see whether collectors will want to lend to me for Gagosian’s show knowing full well that it increases the likelihood of receiving a call from Gagosian’s organization some day when they have a buyer for my work whether I’m interested in selling it or not.

The interview goes on to outline what other work Elderfield is engaged in at the moment:

Though Elderfield currently serves as a consultant to the online art search engine Art.sy and advises one very lucky couple on their art collection (he won’t say who), he doesn’t plan to take on too much additional work. “I want to get established at the gallery and get a sense of how many projects of real interest there are to do. And knowing Larry, there are going to be lots of them.”

“We Go To Concerts Together”: John Elderfield on His New Life Working With Larry Gagosian (Artinfo)

Dealers
Marion Maneker0April 24, 2012

Freud Sells to Old Master Crowd

Colin Gleadell looks at the Contemporary art dealing of an Old Masters firm. Jean-Luc Baroni and his daughter Novella bought a Lucian Freud drawing for £2.6m in 2011, a price that seemed to squeeze out any potential upside for a dealer who knew the market let alone one dabbling in Contemporary. But the wily Old Master’s dealer showed that clients follow dealers they trust more than categories these days.

Probably better known for handling Old Masters, the Baronis were giving notice that modern art was their field, too, so long as the quality was right. But could they re-sell a Freud drawing at that price level?

The answer is yes, because at the Salon du Dessin, the drawings fair in Paris this month, Baroni offered the drawing at £3.3 million, and sold it.

Record prices for Grosvenor artists at print auction (Bloomsbury)

Dealers, Featured
Marion Maneker0April 18, 2012

Irving Blum’s LA Girls

Sotheby’s has made a series of short videos to promote their sale of Roy Lichtenstein’s Sleeping Girl.  (Update: The links have been fixed.) Here they’ve got Irving Blum reminiscing about his time running Ferus Gallery in LA when he sold Sleeping Girl. But it’s really worth watching just to see Blum’s photos from the era. [Read more...]

Dealers
Marion Maneker0April 12, 2012

Kenny Kenny

Untitled Document