Record Christie’s Auction

alexander calder sculpture

The auction lots may not have been surreal but the prices most certainly were. The Christie’s post war and contemporary art evening sale on Tuesday made a record $744.9 million. That’s close to a billion dollars worth of art sold in one night! If you combine the Monday and Tuesday sales there was $879,574,000 worth of art sold. An $80+ million Francis Bacon and an $84+ million Barnett Newman were the two most expensive lots to sell. How does one start a hedge fund? I think I’m in the wrong game ;-) Continue Reading

Other Criteria Shop

damien hirst shop

I used to mention Damien Hirst almost weekly as he was always up to something new and/or outrageous, but I have been back blogging for two and a half months now and I still haven’t done a post on the man. I’m not sure if it’s because I have matured during my 3 year break from blogging, perhaps because Hirst isn’t doing anything new now, or maybe the novelty just wore off. Continue Reading

20 Famous Art Quotes

famous artist quotes

I have a thing for quotes. Mostly art quotes but I’ll also collect them from whatever topic I happen to be learning about at the time. I used to have notebooks filled with quotes from books that I had read! The Internet made my quotes addiction easier to maintain and manage. Here’s some famous art quotes about money, business.. and stuff ;-) Continue Reading

Gagosian Store

ARTINFO has reported on the new retail outlet of gallery mogul Larry Gagosian..
“The sleek, 2,500-square-foot, bi-level space, which opened to the public this past weekend, also inaugurates London import (and Gagosian artist) Damien Hirst’s publishing company and retail shop Other Criteria on the lower level, making for a kind of casual art emporium with a fancy ZIP code.”Continue Reading

Annie Leibovitz’s $24 Million Loan

Art Capital Group has sued the famous photographer Annie Leibovitz over a sales agreement and a 24 million dollar loan. The portrait photographer needed the funds for “tax liens, mortgages and unpaid bills.”Continue Reading

Being an Artist is a Privilege

Robert Genn’s latest Painter’s Keys newsletter is an interesting one. He replies to a letter from artist Tom Lockhart talking about how being an artist can be tough. Tom wrote the following to Robert..

“I work 50 to 65 hours per week, teach workshops and serve on the Board of a Local Arts Center. I judge art shows and travel to locations to paint. I earn $75,000.00 to $100,000.00 annually–too much to get a grant. I pay more than my share of taxes, expense out what the law allows and still find it difficult to make ends meet. I’m constantly paying entry fees, dues, advertising, framers, suppliers and travel expenses. I can’t understand why the public insists on buying cheap, crappy art from poorly educated artists who suffer for their craft. Yuk! There are constantly retired lawyers, doctors, architects, dentists and other professionals who decide to become painters. They put their work in galleries and sell to the unsophisticated, taking sales away from deserving, serious artists. And now with the economic bad times, it’s even harder to sell your art. What do you think about this?”Continue Reading

The Internet and Running an Art Gallery

Below is a comment by gallery owner Carrie Horejs from an earlier post called Running an Art Gallery. She talks about some of the challenges that the Internet is creating for the old artist/art gallery relationship. She raises some interesting questions..Continue Reading

Artists Getting Business Savvy

The Art Newspaper spoke with the British artist Keith Tyson about how artists are starting to take control of their career, rather than simply handing the reigns to the art dealer and hoping for the best. It’s a theme that comes up more and more lately.

Here’s a couple quotes from the article..
“Galleries will promise you the world in terms of production costs but it comes at the price of complete control. There’s a conflict of interest in having the people who retail your work being the same people that help you with production because they will try and own it.” Keith Tyson QuoteContinue Reading

Thirsty for Hirsty

I know I probably mention Damien Hirst more than any other artist, but it’s because he makes more news than any other artist. The man is a marketing genius.Continue Reading

Damien Hirst Levi’s Jeans and T-shirts

I love and hate Damien Hirst in equal portions. I love the marketing genius that the man is, but I also dislike him for similar reasons as he has made art all about business. Only a (starving) fool would ignore business altogether in art, but I still find myself clinging to a romantic art that is above money and press releases. There’s all kinds of art though, so I probably admire Hirst more than I dislike him.Continue Reading