Despite big falls in the art market last year, where some prices fell by 40%, the last two years has never been so good for some artists and the owners of their works, according to Artprice, a research provider. Top place went to Damien Hirst, whose works sold for a total of €134.7m between June […]
Hindu Gods’ Avatars On the Page JANUARY 7, 2010By ARNIE COOPERLos Angeles The Los Angeles County Museum of Art may have the Western U.S.’s largest assemblage of South Asian art, but for the next several weeks the permanent collection, featuring sculptures dating back to the Bronze Age, will be supplemented by a decidedly modern art […]
Tyeb Mehta The man who celebrated Mahishasura and torched a new high at Christie’s with Times of India’s Celebration. Celebration, like the Shantiniketan triptych done a decade earlier, drew inspiration from the Charak festival, the spring festival of the Santhals. However, unlike the Santiniketan triptych that juxtaposes life and death, the work focused on the […]
From thematic group shows to grand solos, 2010 is packed to the brim with art It will be recalled as the recovery year. The first few months of 2009 were not the best for Indian art, with the prices swinging towards the lower end of the graph and galleries reluctant to showcase major shows, but […]
Who is likely to be the one living artist whose worth will continue to rise in 2010? How do you go about choosing just one artist in 2009 who continued doing what an artist does best: painting with consistency, experimenting, picking up commissions of a certain scale, and commanding top-of-the-bracket prices in that genre? And […]
Renowned Virginia Museum of Fine Arts (VMFA) in Richmond (USA) has acquired a rare 18th-century legend scroll from Andhra Pradesh (India), one of the few of its kind to survive today. Dr. Joseph M. Dye III, VMFA’s curatorial chair, reportedly says it is a “rare and unrivaled painting” that is “dramatically” longer than other known […]
Hit hard by the global economic crisis, the Korean art industry suffered practically all year. To make things even worse, it was hit by scandals. The biggest was probably the series of allegations that art was used in lobbying by the National Tax Service executives. Han Sang-ryul, the former NTS chief, stepped down from his […]
Annual sales of contemporary art slumped 75 percent at the two largest auction houses’ evening sales in 2009 after they abandoned price guarantees to sellers. Sotheby’s and Christie’s International made a combined total of $482.3 million with fees from their five regular “Part I” sales of high-value art in New York and London this year, […]
Flashback 2009 New Delhi, Dec 15 (IANS) Art has always been an enduring bet. The Rs.2,000-crore (Rs.20-billion) Indian art market managed to hold its own despite a 30 percent drop in prices in the first and second quarter of 2009. Purging mediocre art and small-time investors, the market corrected artificially inflated prices, found new ways […]
As the Art Basel Miami art-fair bacchanalia heads into the weekend, there are some big buys — and even bigger buyers. One or two dozen of the Forbes 400 are here, plus their friends, relatives, art advisers, and seemingly every 20-year-old New Yorker who thinks porkpie hats are still in fashion. Val Kilmer’s buying art […]
