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Frieze Week Sales & Commentary

October 24, 2013 by Marion Maneker

Pavilion of Art & Design released these sales:

Galerie Von Vertes sold two works at seven figures each: a bold red 3-slash canvas by Lucio Fontana on the fair’s opening night and a painting by Max Ernst later in the week.

Stellan Holm Gallery sold pieces by Nate Lowman in the region of $700,000 and a work on paper by Franz Kline for around $400,000.

Friedman Benda: Christopher Le Brun, Painting at Sunrise, going for £140,000.

Robin Katz: major pieces by Bridget Riley, Antony Caro and Lynn Chadwick all going to collectors. Photography specialist

Michael Hoppen sold the highlight works on his stand such as Nobuyoshi Araki’s Grand Diary of a Photo Maniac (1994) for £30,000 and William Klein’s Club Allegro Fortissimo, Paris (1990) for £25,000.

David Ghezelbash:  a Greek bronze tortoise shell from 400-300 BC sold rapidly, while a 6th century Etruscan head went for €250,000 and a Cycladic head for €120,000.

Gordian Weber Kunsthandel sold very well throughout the week, remarking on an exceptional crowd including several major collectors in the field of antiquities. Tribal Art dealer 

Bernard Dulon sold the masterpiece of his stand within hours: a 19th Century Teke Fetish figure from the Congo with an asking price of €250,000.

SMO Gallery from Lebanon: Ouroboros (2011), a golden-scaled snake sculpture by Ranya Sarakbi, priced at £130,000.

Galerie Kreo:  a Marc Newson table at €300,000, a Campana Brothers Fata Morgana mirror for €32,000, Pierre Charpin’s Carbon Shelf for €36,000, and Alessandro Mendini’s Lampada in white gold for €75,000.

Galerie Gosserez sold new pieces by Valentin Loellmann, Os & Oos and gt2p going for prices ranging from £18,000 – £30,000.

Galleria O.:  Fender Lamp (2013) by Johanna Grawunder  went for €12,000.

Modernity: Gerrit Rietveld’s set of four Zig Zag chairs (1958) for £60,000, a ‘Paimio’ armchair made by Alvar Alto for Artek (1940s), a set of Poul Henningsen table lamps (1926) from the first year of production for £40,000, and a set of Ib Kofoed Larsen ‘Elizabeth’chairs (1958) for £35,000.

PAD London Reveals Strong Figures for Frieze Week Fair (ArtLyst)

Art in America’s Iphigenia Baal made this observation:

No one is forthcoming about what they are selling, for how much and to whom, but A.i.A. did overhear one dealer comparing shopping styles. “The Europeans walk round for days writing notes, then do all their buying on the Sunday. If the Americans want it, they buy on the spot.” One pair of arty spectacles with a New York City rasp dropped $80,000 on two Warhol drawings at New York’s Cheim & Read with the comment, “I just came off my medication this morning!”

And Scott Reyburn had this:

Dealers at Frieze and at the Pavilion of Art & Design in Berkeley Square, speaking on condition of anonymity, expressed resentment and said Frieze Masters was a “distraction.” They said that reservations on works for the VIP day of Frieze had been canceled after the opening of Masters and that with so many events to cover, buyers weren’t making return visits.

Frieze London: Welcome to Art History, Level One (Art in America)Continue Reading

What the Tate Bought at Frieze

October 16, 2013 by Marion Maneker

The Tate has issued its annual press release on Frieze Fair acquisitions:

The following works have been acquired as gifts to the Tate Collection thanks to The Outset /Frieze Art Fair Fund to benefit the Tate Collection:

Terry Adkins (b.1953)
Muffled Drums (from Darkwater), 2003

Bass drums, mufflers
Dimensions variable
From Salon 94, New York

Christina Mackie (b. 1956)
The Dies, 2008

Plywood, steel, chalk, plaster, watercolour, plastic
140 x 500 x 25cm
From Supporitco Lopez, Berlin

James Richards (b. 1983)
Not Blacking Out, Just Turning the Lights Off, 2011

Double channel video installation
Commissioned by Chisenhale Gallery
From Rodeo Gallery, Istanbul

Sturtevant (b. 1930)
Trilogy of Transgression, 2004

3 channel video on 3 monitors, colour
1 minute 45 seconds, 30-minute loop
From Anthony Reynolds Gallery, London

The Fund enables Tate to acquire works by emerging and leading international artists from London’s Frieze Art Fair. This year £150,000 has been made available for the Fund. With Tate’s annual government funding for its acquisitions effectively frozen since 1982, the Fund helps provide a much needed contribution towards Tate’s ongoing campaign to develop its Collection.

The 2013 Outset/Frieze London Fund guest selectors are Tobias Ostrander, Chief Curator of the Miami Art Museum and Beatrix Ruf, Director of the Kunsthalle, Zurich. They will be joined by Tate curators Ann Gallagher, Head of Collections, British Art; Frances Morris, Head of Collections, International Art; Tanya Barson, Curator, International Art and Clarrie Wallis, Curator, Contemporary British Art.

Looking for Action at the Lower End of the Market

October 14, 2013 by Marion Maneker

AMR Chart 1013The FT’s Lex column gets it wrong when the savants write:

The popular explanation is a coterie of new, wealthy buyers from Asia, Russia and the Middle East, who tend to prefer recent work. Their presence is said to have accounted for some of the headline-snatching sale results seen lately, and, in the trophy slice of the market, their influence shows few signs of waning. Key lots in Christie’s May event, where nine items fetched $10m-plus, went to people who had never bought there before, according to the auction house. This factor may also explain why sale results have been more sedate at lower price levels. There is always an element of trickle-down (because differentials are watched carefully), but cheaper works have shown none of the giddy swings seen at the top end.

Cheaper works have been where some of the most active trading takes place in the contemporary art market over the last year. This week’s Frieze sales will be interesting for their general lower price points and focus on newer names. But the day sales will be especially interesting and active as real buyers seem to prefer the action in five- and six-figure ranges.

Art Market: Painting By Numbers (Lex/Financial Times)

Frieze Week Fair Sales

October 14, 2012 by Marion Maneker

Frieze Masters

David Koetser Gallery

  • Adriaen Coorte still life, priced at $3.7 million.

Sam Fogg

  • a Flemish early-16th-century painting of the Virgin and Child to a contemporary-art collector for 200,000 pounds
  • a medieval bronze of the crucified Christ to an artist for 30,000 pounds.

Sperone Westwater

  • Bruce Nauman’s installation, “Parallax Shell” (1971), along with the drawing for it, to a European collector in the $2-3 million range.

Cheim & Read

  • Joan Mitchell  “Untitled” (1961), for around a million dollars to an English collector
  • Louise Bourgeois bronze, “Avenza Revisited,” from 1968-69, for around $1.5 million.

Stephen Ongpin

  • Lucian Freud pen-and-black-ink-and-black-wax “The Sleeping Cat” (1944)  £280,000,
  • Frank Auerbach charcoal, “Study of a Seated Female Nude” (1955), for £90,000.

Lisson Gallery

  • John Latham wall relief, “Untitled” (1958) £150,000.

Leo Koenig

  • Sigmar Polke two untitled, unique cibachrome prints from 1986 that sold for $30,000 apiece.

Bernard Jacobson

  • Ben Nicolson painting from the 1950s to a European collector for a price in the region of £400,000.
  • Robyn Denny painting, “Treen 3” (1958), for approximately £75,000.

Christophe Van de Weghe

  • Picasso, “Homme et Femme au bouquet,” to unidentified U.S.-based collector for $8.5m
  • Salvador Dalí’s pencil-on-paper “Andromeda” (1931), which was listed at $250,000.
  • a 1932 Fernand Leger painting for $2.6 million.

Frieze

Thomas Dane Gallery

  • Three Jean-Luc Moulène “Bic” monochromes, made with biro ink, sold for €40,000 each to different European collectors, and so did his glass sculpture “Blown knot 6 3 2 (borronean) baria 5” (2012), which went for the same price
  • sculptures by Walead Beshty andAlexandre da Cunha, both for £25,000.

David Zwirner

  • Christopher Williams for $40,000
  • a new piece by Michael Riedel for $75,000
  • aFrancis Alÿs gun sculpture for $30,000

Pace Gallery 

  • a large bronze (£35,000) by the British artist Keith Coventry
  • Adam Pendleton (£45,000)
  • five small works on paper by Yoshitomo Nara (priced between $35,000 and $50,000).

Andrew Kreps Gallery

  • a multi-panel installation of paintings by Ricci Albenda was sold for $200,000.

Victoria Miro

  • Yayoi Kusama‘s pink and gold canvas “Universe RYPK” (2010) for “a price in the mid-six figures in U.S. dollars,”

Sprüth Magers

  • George Condo oil on linen (“Red Profile,” 2012) for $325,000
  • a Sterling Ruby collage for $155,000
  • Jean-Luc Mylayne photograph (“No 500 (2/2), Mars 2006-Mai 2007”) for €60,000

Hauser & Wirth

  • Paul McCarthy, “White Snow Head,” to a European collector for $1.3 million

Stephen Friedman

  • Ged Quinn: nine works were reserved or sold with prices ranging from 35,000 pounds to 130,000 pounds.
Acquavella
  • Pablo Picasso’s Buste d’Homme for £5.9 million

White Cube

  • Damien Hirst, Destruction Dreamscape, for a reported £500,000
François Ghebaly
  • sold over half of his sultry gay erotic drawings ($6,000 each) by maverick filmmaker Mike Kuchar.

 

Paul Stolper

  • a new suite of 20 unique silkscreens by Gavin Turk, Transit Disaster, that relate to the car crash images produced by Andy Warhol. At £6,500 each, they sold out at the opening.

Marlborough Fine Art

  • 40 out of 50 new paintings and drawings by Frank Auerbach, as well as three groups of works by Angela Ferreira priced at £10,000 each.
Alan Cristea Gallery
  • Edmund de Waal sold 10 out of 12 new ceramic sculptures and installations priced from £65,000 to £500,000

PAD

Luxembourg & Dayan

  • seven out of the eight new Chinese Pop-style “Panda” paintings by Rob Pruitt it was offering priced at $120,000 each.
  •  330 blank canvases signed by celebrities for American artist Rob Pruitt for £500,000

Skarstedt

  • a 1964 Andy Warhol “Flowers” painting was sold for $2.5 million
Offer Waterman & Co.
  • Mark Boyle‘s “SoB Stuff” (1962)
  • Ben Nicholson‘s “Sept 3-53 (Diamond)”

SUNDAY

 

Limoncello

  • Cornelia Baltes “Headless Chicken” stilt painting, which sold for £2,500
  • Jack Strange, “Like Spirit, Like Ghost, Like Human, Like Alien” (2012), sold for £6,000

Seventeen

  • two pieces by David Raymond Conroy, including “Devotion” (2012), a work on paper combining posters depicting Sharon Stone in Basic Instinctand Joy Division’s Ian Curtis for £3,000, and a pair of collages, “He Always Loved Larking” (2012), for the same price.

BolteLang

  • two works by the British painter Benjamin Senior(priced at between £2,500 and £3,500).

 

Market News: Paula Rego’s sinister narrative paintings have captured the imagination of millions (Telegraph)

Clapton’s Richter Fetches $34 Million, 30 Times Purchase (Bloomberg)

Frieze Masters Report (Artinfo)

Frieze Masters Report (Artinfo)

Picasso’s $8.5 Million Lovers Sell as VIPs Browse Frieze (Bloomberg)

Hey, big spenders: no funding Frieze at opening of major art fair (Evening Standard)

Frieze London Report (Artinfo)

PAD London’s Winning Mix (Artinfo)

SUNDAY report (Artinfo)

Sharp & Slotover Awarded OBE

December 31, 2011 by Marion Maneker

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)

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