New York Magazine tries to put together a package on the Hirst Spot painting exhibition with a couple of fragmentary charts from Artnet. The first shows tracks Hirst prices v. the contemporary art market. But that chart suggests the Contemporary market had little movement over a period of rapid growth (and it shows the enormous body of Spot paintings tracking at the same rate as the much less valuable and popular Spin paintings:
The subsequent charts show repeat sales for two different spot works. But both rely on transactions that take place early in the Hirst price arc and then at the peak of 2008, the year of the landmark Sotheby’s Beautiful Inside My Head Forever Sale. Since that time, Spot prices have fallen sharply only beginning to recover recently:
Spots and Sharks and Maggots and Money (New York)
Colin Gleadell points out that this week’s Frieze auctions will be a quiet but important test of the Hirst market:
this week the supply of Hirsts at auction, with no less than 25 examples, is more plentiful than any other artist, including Warhol. The biggest estimate is the £700,000 to £1 million expected at Phillips tomorrow night for a large butterfly painting that looks like a stained glass window, and Phillips has found a third party to guarantee that it will sell. But the rest of the Hirsts are not protected by guarantees. A lozenge shaped butterfly painting that sold for £825,000 at his one-man sale is back on the market with a £600,000 estimate at Christie’s.
Frieze Week: What’s Saatchi Selling? (Telegraph)
The New York Post’s Page Six talked to Shauna Taylor, the model who agreed to have a Damien Hirst designed tattoo on her vagina for a magazine cover shoot.
“I would have been stupid not to be part of this project. I have a piece of art on my vagina. Not one single person can ever say they gave birth through a Damien Hirst piece of art. I can [if I ever give birth].”
Hirst Model Unzipped (NY Post)
Because he was in Hong Kong for his Gagosian opening, Alexandra Seno of SceneAsia asked Damien Hirst for his top five moments in contemporary art:
1. Jackson Pollock’s fling: “Jackson Pollock, throwing paint around, when paint left the brush for the first time in a Jackson Pollock painting.” The late American abstract-expressionist artist’s drip paintings revolutionized art in the 1950s.
2. Andy Warhol’s “America’s Most Wanted”: “When Andy Warhol made ‘America’s Most Wanted,’ The size was just huge, taking back from the media and making something enormous and showing the dark side.”
3. China’s arrival: “What’s been happening in China recently, the explosion of art. In China, they were putting art straight into auctions. It’s a whole different set-up. When I put my work direct into auction, it had already been done in China.”Continue Reading