If the very
top of the contemporary art market is thriving, one might ask why it matters that smaller galleries are closing and gallery districts relocating across the country.
«PULSE is an environment that encourages interaction and we take pride in showcasing a microcosm
of the contemporary art market in which artists can be discovered, acquired and supported,» stated fair director Helen Toomer in a press release.
The economy of the religious household may seem set apart from worldly priorities, but perhaps echoes the experience and vocation of many artists as they eke out a living in the
context of the contemporary art market.
Given the tentative state of the stock markets and the national economy, this should prove to be quite a
test of the contemporary art market, although this evening sale really consists of more post-war modern masters than «contemporary» artists although it does have works by Jeff Koons (b. 1955) and Robert Gober (b. 1954).
Journal specializes in mid-career or emerging artists who often get lost in the frenetic, fickle
pace of the contemporary art market, where careers are frequently made and then broken within months.
CONTEXT has proven (in a short period of time) to be a powerful mixture the art market factors which are important to both top collectors and those who are practically just entering the vast
field of the contemporary art market.
(co-authored with Philip Dodd)(BBC Books 1991); Moving Targets 2: A User's Guide to British Art Now (Tate 2000); Market Matters: The
Dynamics of the Contemporary Art Market (Arts Council England 2004) and Owning Art: The Contemporary Art Collector's Handbook (co-authored with Judith Greer)(Cultureshock Media 2006) Her latest book, Commissioning Contemporary Art: A Handbook for Curators, Collectors and Artists was published by Thames & Hudson in October 2012.
Toomer, a former gallerist and curator, has made some noticeable changes to the fair, opening a dialogue between emerging and consolidated artists and putting emphasis on the fair's commitment to present a cohesive
overview of the contemporary art market today.
The Afternoon Session in New York presents a variety of attractively valued works from the masters of Minimalism and key figures of the Pictures Generation to the stars of the downtown New York art scene, Jean - Michel Basquiat and Keith Haring, and the very top
level of the contemporary art market, including Mark Bradford, Njideka Akunyili Crosby and Harold Ancart, to name a few.
LeLoup's rudimentary understanding of the
machinations of the contemporary art market is quickly laid bare via the negligent direction he gives to his young charges, each of whom is tasked with creating examples of work specific to the slightly outdated «Now» proffered by LeLoup, who makes a series of promises to each child, to be delivered upon completion of a salable work.
One doubts that this can be true, but if it is, it would mean that the Turner Prize - and perhaps a large
slice of the contemporary art market - is being manipulated for financial gain.
The Mark Moore Gallery also pioneered the
development of contemporary art market in Korea over the last 25 years, producing inaugural Korean exhibitions for artists such as Ed Ruscha, Christopher Wool, Gunter Forg, Vernon Fisher, Lucas Samaras, Joel Shapiro, Donald Judd, Carl Andre, John McCracken, Sol Lewitt, Jannis Kounellis, Richard Artschwager, and Gerhard Richter.
The high estimate for the combined sales of Hirst's works was # 98 million; by the end of the second evening, the lot had totaled # 111.5 million — and represented the
peak of the contemporary art market.
To further underscore the broadening
base of the Contemporary art market away from the eight - figure mega-trophies, the top ten lots only accounted for one third of the sales total.
Although the top lot was a work by Gerhard Richter, the artist who accounts for the largest
share of the Contemporary art market's public turnover these days, the sales showed continuing signs of market rotation as new names increased their value on the auction block.
Pier Paolo Bandini (1013 Grand Street, Bushwick): The Italian artist will be showing works from his latest project, Hyper Conceptual Interstellar Artist (HCIA), which looks like a kind of
parody of the contemporary art market's brightest stars, but, according to Bandini's description, the (fictional) HCIA artists «develop projects which go beyond the geographic confines of their own native country in order to dress a stellar profile with a silk scarf and velvet gloves.»
In recent years, many commentators have observed the
migration of the Contemporary Art market toward becoming a Masterpiece market where the base of sales for lower - quality works narrows and market volume gravitates toward A + works.
The London sales in March of 2017 reaffirmed the fundamental
strength of the Contemporary art market, not through astounding prices or record - setting sales of the world's most famous artists but through a broad base of transactions.
SS: There are quite a few artists working in photography who are very much
part of the contemporary art market and represented by galleries who have multi-disciplinary programs, a group of which are exhibiting in the fair.
While most recent painting has drifted toward a formalist abstraction that offers almost nothing to talk or write about, that very emptiness has recently become notable, as the new demand for these young, meaningless abstractions continues to redefine huge segments
of the contemporary art market.