Art Market Monitor

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Klein's ANT Works

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The Independent tells the story of Yves Klein’s ANT paintings and the film that remains of their creation:

A year befor the show, she was in her early twenties and running the Rive Droite Gallery in Paris when Klein, came in, said he had fallen out with his gallery, the Iris Clert, which was opposite, and now wanted to be represented by Ms Marci. By the time the show was staged – and tightly controlled by the flamboyant painter – they had become firm friends.

“The scene was really thrilling because he directed the girls who were models to move in certain directions on the paper which was spread out on the floor,” she said. “They applied the paint themselves, but the rhythm with which they moved was dictated by Yves Klein. The women were completely directed and under the spell of the eye, movement and words of Yves Klein. Before the performance there was a rehearsal with the same models but no paint and no music. Yves Klein indicated their precise choreography so there could be no mistake.”Continue Reading

Klein Comes to New York

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Bloomberg’s Scott Reyburn gets an early look at Christie’s New York Contemporary sale lead lot, a $10m Yves Klein Anthropometrie painting that has been in the same collection for 10 years and is being sold because of the rising tide of Klein prices:

Klein’s 9-foot-wide “Anthropometrie” painting “ANT 93, Le Buffle” (“The Buffalo”) will be offered in Christie’s May 11 sale of contemporary art. The work was painted in the artist’s trademark “International Klein Blue” in 1960 and 1961 on paper, now laid down on canvas, using a naked female model as a “living brush” to create the image of a buffalo.Continue Reading

Hero of Zero

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The notorious London-based art critic Brian Sewell has recently gone on record as suggesting that art auctions give very rich men a chance to tell their rivals ‘my cock is bigger than yours’. Everyone who knows Mr Sewell will agree that he has always been fascinated with the size of gentlemen’s genitalia, notwithstanding the incredible prices being realised in the current round of London sales.

RE 47 IIAs the dust begins to settle on last week’s Giacometti jamboree, it’s time for the Contemporary auctions to take their stand, and it seems that this week ‘it’s all about Klein’. The great Parisian avant-gardist of the post-war post-modern era has increasingly become the doyen of the Contemporary scene, posing as he does as the ultimate ‘classic contemporary’.Continue Reading

Confidence in Klein

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Fig. 14: Recession-Defying, Record-Setting Sales in 2008

Yves Klein is one of the few artists for whom 2008 was a good year. The first Klein ever to exceed $10 million sold in Q2 2008, and by the end of the year two additional lots brought eight figure sums, sending his annual sales to new heights (Fig. 14).

Klein’s lot volume also seems to have survived last year’s market contraction, as more of his work appeared at auction in 2009 than in 2008 (albeit at a significantly lower price level). Houses have gotten more ambitious with their estimates on Klein: Between 2005 and 2009 the percentage of Kleins that sold above their estimates decreased while the percentage that sold below estimate increased (Fig. 15). Continue Reading

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