Christie’s Announces Another Themed Sale for Late February: Over the holiday, Christie’s posted on their Instagram account this announcement of a sale-within-a-sale featuring works by Francis Picabia, René Magritte and Pablo Picasso during the Imp-Mod and Surrealism Evening sales. The : “Abstraction Beyond Borders, a collection of 10 works tracing the development of abstract art across Europe in the 20th century.” …
Gagosian: ‘There Seems to Be a Lot of Money in the World’: Larry Gagosian doesn’t give many interviews so it is worth paying attention when he speaks to Maria Bartiromo for Fox Business. …
Asia’s Forty Families: Gagosian flags the buying from Asia as a key factor in the current state of the art market. The Fine Art Group’s Philip Hoffman does a little math. He says there’s a $8-12bn in art held by forty families in the region. …
Does Anyone Think a Canaletto Buyer Will Be Attracted by this Video? Auction house marketing is always a bit of mystery with a dual mandate to flatter the consignor and attract a buyer. But this video that purports to let the viewer ‘sail through’ Canaletto’s Venice by turning two paintings on offer into a three dimensional scene that looks more like a kid’s school diorama than a multi-million-dollar masterpiece seems to do neither. …
Who’s Been Buying Gilliam? If you’re just learning about the surge in Sam Gilliam’s prices that took place last September and November, you might want to ask yourself who is doing that buying? Is it the galleries like Kordansky and Mnuchin who need supply for new customers coming into their shows, engrossers hoping to buy and hold for 18 months to three years to take advantage of the market momentum, or collectors who might be looking at other DC Color Field painters too?
