Art Fairs
Marion Maneker1December 31, 2011

Sharp & Slotover Awarded OBE

The Guardian has published the Queen’s New Year’s Honors list which includes Matthew Slotover and Amanda Sharp as OBEs “for service to the visual arts.”

New Year’s Honours List: OBE (Guardian)

Art Fairs
Marion Maneker0November 01, 2011

Missed Frieze? Take A Tour Now

Art Fairs
Marion Maneker0October 20, 2011

One Last Overlooked Frieze Sale Report

The Antiques Trade Gazette reported these two sales from White Cube that did not appear in any previous reports:

  • White Cube sold a Gursky for €600,000 and an Antony Gormley for £300,000.
Fairs See Fewer Early Headline Sales (Antiques Trade Gazette)
Auction Results
Marion Maneker0October 18, 2011

Repeat Sales Strong for Basquiat & Hirst

Skate’s has some numbers on repeat sales from the Frieze auctions:


Abstraktes Bild by Gerhard Richter, analyzed in the October issue of Skate’s Art Investment Review, yielded a positive return of 18.9%—an outstanding result that is in line with the average return for works from that series. Two repeat sales of works by Jean‐Michel Basquiat were sold within their estimate ranges, but only one of them—Pedestrian 2—entered Skate’s ranking, having sold for $2 mln with an annualized effective rate of return (ERR) of 3.75%. The other work—Spike—yielded a much higher ERR of 15.97% upon its sale for $1.9 mln. Interesting results were achieved by Damien Hirst’s works, which were presented at Christie’s, Sotheby’s and Phillips. During the first part of October, 24 works by Hirst were sold, generally within or above their estimate ranges. The highest price was achieved by Judas Iscariot (The twelve disciples). The repeat sale result of Midas and the infinite, however, negativity affects the artist’s record, selling for $942,159 and bringing a negative return of ‐19.09%.

During the first half of October, four works by Lucien Freud were sold within their pre‐auction estimate ranges, although none of them generated fierce bidding. The top lot at Sotheby’s was Boy’s Head, which was sold for $4,978,750. Another Freud painting auctioned at Sotheby’s, Plants in Jamaica, also sold at the low point of its estimate range for $757,039. Freud’s paper works performed much better during the day sales at Phillips and Sotheby’s, with two Untitled works selling significantly above their estimates for $51,046 and $813,669.

Skate’s Market Notes-18.10.2011

Art Fairs
Marion Maneker0October 18, 2011

Gleadell’s Frieze & PAD Sales

Colin Gleadell was busy last week gathering sales at Frieze and PAD:

Frieze

  • London’s Alison Jacques sold a variety of works by Ryan Mosley, Ana Mendieta, Catherine Yass, Ryan McGinley, and Klara Kristalova in the £10,000 to £20,000 range.
  • Anthony Wilkinson also sold works by most of his artists, notably taking £55,000 for a large painting by Turner Prize contender George Shaw, and £95,000 for an as yet incomplete triptych based on Hieronymus Bosch’s Garden of Earthly Delights by the rarely exhibited Mark Alexander.
  • Nyoman Masriadi: Paul Kasmin Gallery [...] sold a large canvas for $250,000.
PAD
  • Simon Dickinson: a slashed red canvas by Lucio Fontana was sold for around three million euros
  • Galerie Vedovi from Brussels, which devoted its stand to the shiny enamel and fibreglass shaped reliefs of octogenarian Agostino Bonalumi, virtually sold out, with prices ranging from 60,000 to 250,000 euros.

Frieze Art Fair 2011: An Upbeat Year (Telegraph)

Art Fairs
Marion Maneker0October 17, 2011

Ropac Reloads

Thaddaeus Ropac had a good Frieze fair:

“We’ve sold so much that this is already my second hanging,” said an amazed Thaddaeus Ropac on Thursday, the fair’s first day open to the public. “We were very cautious in our expectations because of what is going on in the world, but work by [Georg] Baselitz, [Antony] Gormley and [Anselm] Kiefer sold faster than I expected.” The artists’ works were sold for 400,000 euros to 500,000 euros, or $550,000 to $690,000.

No Spending Frieze at Frieze (WWD)

Art Fairs
Marion Maneker1October 17, 2011

Frieze Sales

Sales at Frieze gathered by the team at The Art Newspaper:

Johnen Galerie: Florin Mitroi’s 9.XI.1986 (Green Portrait) sold to a British couple for €10,000.

Pilar Corrias: Charles Avery drawings (£8,000 each) and a tall tree (£75,000)

Javier Peres:  two abstracts by Leo Gabin (€7,500 each) and Eddie Martinez’s Untitled, 2011, which went to Charles Saatchi for $40,000.

Max Wigram: Danish artist Fos, Nothing disappears, only our amnesia arises, 2004, around £20,000 sold to a private European.

Michael Werner: two Per Kirkeby paintings priced $100,000.

Emmanuel Perrotin: Takashi Murakami’s Bunbu-ku Carbon-Fiber, 2010, for about $900,000, to a European.

Marian Goodman: Gerhard Richter, Strip (CR921-1), 2011, priced £1.5m.

Stuart Shave/Modern Art:Traps Take Practice, 2011 (£10,000), by Karla Black

Modern Institute: Martin Boyce’s Like Waterfalls, 2011, for around £40,000.

Thomas Dane: Glenn Ligon’s neon Warm Broad Glow, 2011, to an overseas foundation for $200,000.

Lehmann Maupin: Tracey Emin’s And I said I Love You, 2011, selling for £60,000.

Annely Juda: a Hockney painting at £580,000 and a work by Roger Ackling at £3,000 to £5,000

Bischoff/Weiss: sold two of an edition of five videos by Raphaël Zarka (€7,000 each), one to a European museum and the other to David Walsh’s Museum of Old and New Art in Tasmania.

Frieze Sales Report: Playing Safe Pays Off (The Art Newspaper)

Art Fairs, Featured
Marion Maneker0October 17, 2011

Vernissage TV: Frieze 2011

Art Fairs
Marion Maneker0October 14, 2011

The Guardian Goes to Frieze

Auction Results
Marion Maneker0October 13, 2011

Sotheby’s Frieze Evening Sale = £39.45m

Sotheby’s Contemporary Evening Sale £17.8m (US$28m) with 36 out of 47 lots sold (76%)

Sotheby’s 20th Century Italian Sale = £21.6M (US$34m) with 46 of 58 lots sold (79%)

Untitled Document