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August 2009 fine-art market intelligence

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Fine art

Six Decoys Sell for 18 Million at Copley Fine Art Auctions

antiquesandthearts.com

The article reports on Copley Fine Arts Auctions led by Steve O’Brien and Cinnie O’Brien, noting that six Elmer Crowell decoys from the Harry V. Long collection sold for portion of a $4,158,929 two-day auction, with $1.8 million coming from the six Crowell decoys.

Fine art

Sotheby’s posts sobering first-half results

indianartnews.visionsarts.com

Sotheby’s posted a sobering first-half result with an 87 percent drop in profits in the second fiscal quarter and trailed Christie’s in total auction sales for the first half of 2009, with Christie’s tally at $1.5 billion versus Sotheby’s around $995 million. The article cites Christie’s Yves Saint Laurent/Pierre Bergé sale in Paris as a major factor, notes sales by region and category, and includes remarks from Sotheby’s CEO William Ruprecht and Christie’s CEO Edward Dolman.

Fine art

Art makes a play off the gridiron

nytimes.com

The article discusses site-specific artworks by Olafur Eliasson, Franz Ackermann, Mel Bochner, Daniel Buren, Matthew Ritchie, Dave Muller and Lawrence Weiner installed in the new Cowboys Stadium in Arlington, Texas, as part of the Dallas Cowboys Art Program, with installations at entrances, staircases, ramps and concession areas.

Fine art

MoMA announces two major photography acquisitions: a collection of rare nineteenth-century photographs and a group of works by Richard Avedon

fineartpublicity.com

MoMA announced two major photography acquisitions: nearly 60 rare nineteenth-century photographs from the Suzanne Winsberg Collection and 39 photographs by Richard Avedon. The Winsberg bequest covers 1847–1893 by artists such as Édouard-Denis Baldus, Gustave Le Gray, Nadar, Charles Nègre, Louis-Rémy Robert, and Benjamin Brecknell Turner, enriching MoMA’s nineteenth-century holdings; the Avedon collection, acquired from The Richard Avedon Foundation, more than doubles MoMA’s Avedon holdings. Welcome displays begin August 7, 2009 in the Edward Steichen Photography Galleries.

Fine art

Anish Kapoor installation opens in October as part of Guggenheim’s 50th anniversary

indianartnews.visionsarts.com

Anish Kapoor: Memory is a major site-specific sculpture by Anish Kapoor to be shown at the Solomon R. Guggenheim Museum from October 21, 2009, to March 28, 2010 as part of the Deutsche Bank Series. The work, constructed of Cor-Ten steel and weighing 24 tons, is the 14th artist project commissioned for Deutsche Guggenheim in Berlin and marks the Guggenheim’s 50th anniversary program.

Fine art

Gagosian Gallery sues Lufthansa for damaged painting; art dealer sues actress for slander

artforum.com

Brice Marden painting Au Center, valued at three million dollars, was damaged in transit involving Lufthansa Cargo and Art Crating Inc., according to Reuters and the New York Times. Separately, art dealer Paul Rusconi filed a libel and slander suit against actress Claire Forlani over allegations of selling fake works and overpricing, with a Claxton photograph re: Steve McQueen.

Fine art

Iraqi forces recover stolen Picasso

cantonrep.com

Benjamin Duer reported that Iraqi special forces recovered a stolen Picasso, titled The Naked Woman, during a raid on a suspect's house in southern Iraq near Hillah. The painting, linked to looted Kuwaiti art from the 1990 invasion, was valued at $450,000 by the seller but some experts estimated it at $10 million.

Fine art

Miller-Plummer Photography Collection Heads to Christie’s

Christie’s

Christie’s announced a 118-lot single-owner sale of the Miller-Plummer Collection, assembled over two decades and ranging from early photography to modernist prints. The house described it as a leading private survey of works pivotal to the medium’s development.

Fine Art

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