Contemporary Art
The wide and varied world of Post-war and Contemporary art has become a major part of the art market and a key sector for the leading auction houses.
DMG get their passport to New York’s Contemporary scene
19 November 2005INTERNATIONAL exhibition and publishing company dmg world media have acquired Chicago-based Expressions of Culture Inc., producers of SOFA Chicago and SOFA New York.
Contemporary records tumble at Sotheby’s and Christie’s
29 June 2005London turned up the heat in the market for Contemporary art when both Sotheby’s and Christie’s achieved outstanding results at their June evening sales.
Russians make their mark again
24 March 2005The former collection of Dmitri Snegaroff (1885-1959) was the focus of attention at the Modern and Contemporary art sale at ArtCurial (20.93% buyer’s premium) on February 22-23.
European collectors boost London contemporary sales
14 February 2005Buoyed by rising stockmarkets and the continuing strength of the euro against the pound, European private collectors were buying in force at Sotheby’s and Christie’s February round of Impressionist, Modern and Contemporary art sales in London.
Knightsbridge now for Damien Hirst
07 February 2005NO more the enfant terrible of the Brit-Art world, shark man Damien Hirst is quite at home in salubrious Knightsbridge, especially after he walked away with £11m from his famous Pharmacy sale at Sotheby’s.
Lenkiewicz forgery prompts reaction
31 January 2005THE appearance of a significant Lenkiewicz forgery on the market has prompted the foundation dedicated to the artist to set up an authentication service.
Cameron comes to market for the first time to sell at £19,500
31 January 2005Back in the late 1920s, during the height of the so-called Etching Boom, prints by Scottish contemporary artists such as Muirhead Bone, David Young Cameron and James McBey were the subject of the sort of feverish speculation which now characterises the market for cutting-edge names like Damien Hirst, Richard Prince and Maurizio Cattelan.
Hirst’s shark moves to USA at £7m
25 January 2005Damien Hirst’s tiger shark suspended in a tank of formaldehyde, once the centrepiece of the Charles Saatchi collection and arguably the best-known work by a late 20th century British artist, has been sold to an American collector for a price close to £7m.
Contemporary art shows who's boss: As expected, £154m total proves what the market has known for some time
19 November 2004THE market for Contemporary art maintained its seemingly unstoppable momentum in New York last week.
New fair joins Frieze at zoo
16 September 2004FRIEZE, the contemporary art fair launched to much critcal and commerical acclaim in Regent’s Park last year, is to have a supporting act this October.
Look up, look down, look out – South Kensington goes Pop
13 July 2004DECADES before Damien Hirst’s formaldehyde sheep and the 1990s explosion of Britart, London was swinging to the rhythm of Pop Art’s movers and shakers. Forty years have now passed since the height of this international movement prompting Christie’s South Kensington (19.5/12% buyer’s premium) to host the first of what they hope will become an annual Pop Art themed sale on June 30.
As formula sales total £39m, who will discover the next big thing?
13 July 2004WITH selling rates that rarely dip below 80 per cent and steadily increasing totals that are the envy of more traditional departments, auctions of Contemporary art continue to go from strength to strength.
‘Younger and edgier’ mood helps new-look Bonhams to great start and £2.9m total
07 July 2004HAVING spent millions of pounds revamping their Bond Street flagship saleroom, could Bonhams (19.5/12% buyer’s premium) succeed in attracting the sort of prestigious consignments of Modern and Contemporary art which are going to be the life-blood of any successful international auction house in the early 21st century?
Post-1900 works take the honours at London sales
28 June 2004TWENTIETH century and Contemporary art underlined their status as the key growth areas for the major auction houses when London’s June round of Part I Impressionist, Modern and Contemporary sales netted £120.4m. Six months ago the equivalent sales took £94m, while back in June 2003 – when war was raging in Iraq – they could only muster a relatively modest £81m.
PalmBeach3: new name and new partner for contemporary art fair
15 June 2004FLORIDA art fair Palm Beach Contemporary is to be known as PalmBeach3 for its next staging at the Palm Beach County Convention Center from January 13 to 17, 2005. The name has been chosen to reflect the new three-part structure of the event.
New galleries raise London’s Contemporary profile
02 June 2004INCREASINGLY, London is showing its teeth as one of the world’s nuclei for international Contemporary art. And, with last week’s opening of two substantial commercial art galleries, its status is going only one way – upwards.
AXA vow to sort out Momart claims as soon as possible: Trade still assessing impact of losses on summer fairs and exhibitions
01 June 2004INSURERS Axa Art have promised to settle claims linked to art lost in last week’s fire at Momart’s London warehouse as soon as possible.
Now we art six – and in hindsight an obvious success
28 May 2004NOW in its sixth year artLONDON has proved a popular and worthy addition to the roster of June fairs. Indeed, in this relatively short time it has become as much a part of the London summer scene as its much more venerable and mainstream stablemates, such as Grosvenor House and Olympia.
On the Wall
26 May 2004ON The Wall is the name of a new fair aimed at the contemporary art market which will be launched from September 29 to October 3 at the Grand Hall, Olympia.
Bloomsbury launch Imp and Mod department
26 May 2004RECENTLY renamed and relocated, Bloomsbury Auctions have launched an Impressionist, Modern and Contemporary art department.
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