Artworld Salon

Opinion Analysis Debate

Speaking of fairs…

Saturday April 26, 2008 | 03:37 by Ian Charles Stewart in Beijing | permalink

Forged_by_Qin_Chong.jpgWent along to the opening of the 5th China International Gallery Exposition (CIGE) here in Beijing on Thursday. Held at the snazzy central China World Trade Centre it gets cleaner and better organised each year. Sadly the Chinese works on display were mostly overpriced and familiar. Even when the artist and work were new. There are exceptions, of course. Urs at Urs Meile and Fabien at F2 are among those trying to build long term relationships with, and long term reputations for, the artists they represent; encouraging development of oeuvre and restraint in pricing. But this is gold rush time for China Contemporary. This sculpture (”Forged by Qin Chong”) probably best illustrates the focus of most Chinese contemporary artists these days.

I did enjoy seeing the work from other galleries around Asia. Attracted by the new deep pockets of the Northern Chinese, galleries from Tokyo, Seoul, Taipei, Kuala Lumpur, Jakarta, Manila, Singapore and Mumbai were all in evidence. Many with their artists in tow. It made for a fun cultural mix in an otherwise fairly quiet VIP evening. They also provided refreshing views, textures and subjects in a room full of yet more pink, bloated cartoonesque Chinese works.

It will be interesting to see how this Fair evolves. There are fewer exhibitors this year (81 vs 118 last year) and there has been a large churn. For example not one of the 5 French galleries that came last year returned. And the number of mainland Chinese galleries who bothered to exhibit is down sharply; 16 this year, down from 39 last year. On the other hand there was a new area upstairs for solo shows of young artists from around Asia (not just China) and a surprising number of dedicated contemporary video art rooms.

Buyers seemed in short supply, however. At least the media present knew who they were after as they hounded the minor TV celebrities that wandered, slightly bewildered, through the exhibits. One interesting thing was the presence of Phillips dePury as one of the sponsors. Not there to launch a new office in Beijing, but to promote their ConArt sale in New York at the end of May. A long way to come for customers.

Interesting times.

Art fairs don’t die they just multiply

Thursday April 24, 2008 | 11:16 by Ossian Ward | permalink

ArtCologne.jpeg Maastricht, Armory, Basel, Frieze, Arco, Miami, of course. But Bologna, Abu Dhabi, Rotterdam, Minneapolis and Stockholm? Who goes to these fairs and are they really necessary? Judging by a hilarious and despairing account of selling absolutely nothing at the recent Art Cologne (read his candid fair obituary here), dealer Kenny Schachter seems to be advocating a cull in the number of deadwood art fairs. Cologne’s problems are well documented and numerous leadership wrangles mean that it’ll get another revamp next year, but to what end?

Similarly, it was with much trepidation that a gaggle of young London dealers sloped off to the newly reborn Art Chicago, formerly the US’s pre-eminent art fair, to exhibit in the invited section of its contemporary sideshow NEXT. What concerns most of them is that the new owners Merchandise Mart (who also own the Armory, Volta and the Toronto Fair) were simultaneously holding three other fairs in the same building (The M. Mart International Antiques Fair, The Artist Project and the Intuit Show of Outsider and Folk Art) under the banner of Artropolis, like some kind of multi-storey monster-truck car park for art.

Despite the mild protestations of their president Chris Kennedy (yes, of that family) – ‘We’re not trying to be the Macy’s of the art world’– Merchandise Mart’s new financial muscle and the windy city’s track record suggest that Chicago deserves another crack of the whip, but when will some of these other art fairs learn to just quietly lay down and die? Oh, and how many dealers do you know ever admit to selling very little or nothing at all?

A fair to remember?

Monday March 31, 2008 | 14:50 by Jonathan T. D. Neil in New York City | permalink

Armory08.jpgNow that the Armory Show and it’s progeny have packed up, perhaps it’s time for a little stock taking. For my own part, the Armory began as something of a disappointment. “Sleepy” was the word I found myself using to describe it. There were no grand gestures, such as Kris Martin’s one-minute-of-silence loudspeaker announcement at last year’s Frieze or Sassolino’s sovereign robotic metal claw at ABMB. Even the requisite installation piece by Thomas Hirschorn was rather subdued, opting to display a library of High Theory books instead of images of decimated bodies.

But as I returned over the course of a couple of days, I grew more comfortable with what I think can only be called the Armory’s “maturity,” which may be summed up thus: less spectacle, more substance. I was particularly taken once again with the Ronald Feldman Gallery’s commitment to a solo showing of an artist of particular historical import; in this case, Eleanor Antin. And I was happy to find that the absence of Gagosian, Goodman and Gladstone, amongst others, did not necessarily “diminish” the fair.

Of the other venues, I believe Volta NY will stand as a signal example of how art fairs can successfully adapt to their ever-changing fitness landscape. The small size and single-artist exhibition directive put to rest, definitively to my mind, the idea that art fairs cannot possibly be good places “to see the art.” It’s a risky venture to be sure, and not all galleries will find it suited to the necessities of their bottom line, but it seemed good for the artists, who can confidently add it to their CVs as one more “solo show,” and it was a gift to the viewer, one which obviated the need for a stiff drink once the rounds had been made.

I’m curious, of course, to know what others think.

Pass the crystal ball, please

Wednesday February 27, 2008 | 02:57 by András Szántó in Brooklyn | permalink

ADAA.jpgIf you have been following the US election campaign, Saturday’s ADAA/MoMA panel on “Art Dealers and Auction Houses: A Cultural Divide” had a familiar ring to it. It felt like a presidential debate.

The teams of gallery and auction-house heavyweights – boasting “150 years of combined art-world experience” – exuded statesmanlike politesse. Some waxed doubtful about the gathering’s antagonistic premise, and none more so than Simon de Pury, who in his trademark, honey-dipped accent declared, “I find it amusing to hear about the so-called divide between auctions and dealers. We all have a great responsibility toward the artist.”

The jolly, why-can’t-we-just-get-along mood was breached only by occasional episodes of harpoon throwing, such as when Andrea Rosen compared auctioneers to sharks. “Sharks aren’t bad,” she offered, quoting an unnamed artist in her gallery, “They are opportunists. They take the fish that’s easiest to get.” But even Amy Capellazzo of Christie’s refused to take the bait.

Moderated by the unflappable Lindsay Pollock (an ArtWorld Salon friend), the discussion checked off various merits and weaknesses of the two art-business camps, and even lingered on their interdependencies. Among the more engrossing points was the one suggested by Michael Findlay, the panel’s ranking member by age, who cited “normal accident theory” to illustrate how galleries may prove more resistant in a recession. “The larger the system,” he said, “the more likely there will be catastrophic failure.” Comparing galleries to “mom and pop shops” that can be flexible in the face of a downturn, he concluded, “We may be the safest bet in the future.” Although he was making the comparison to auction houses, he could as well have been referring to art fairs, some of which, as Ian points out in the previous thread, may also quickly become casualties of a severe downturn.

The best came at the end, when it was time to opine about what’s around the corner. David Zwirner predicted that “Things will soften a bit, there will be a slight shakeout, but medium and long-term prospects are very good.” Michael Findlay suggested, “What will come back to the market is a degree of selectivity that has been lacking.” According to Andrea Rosen, “Some of this is already happening. I’ve learned a lot from opening my gallery during a recession. I already see a reorientation to meaning.”

“It’s impossible not to have the uncertainty in the larger markets effect our market,” said Amy Cappellazzo, adding that people are likely to gravitate to “what makes them feel safe,” such as painting. For Anthony Grant of Sotheby’s, the “market is so international now” and “the way people make money is so different,” that it has become difficult to make predictions. Simon de Pury got the last word: “It’s an issue of availability,” he said. “The only thing you can do, if you have money, is to build the best contemporary art collection in the world. The market is just beginning to be truly global … I feel very optimistic.”

What does your crystal ball say?

Online art auctions

Saturday February 23, 2008 | 04:51 by Ian Charles Stewart in Beijing | permalink

online_auctions.jpgThe ArtNet announcement that they are to shortly begin an online auction service is the latest in a string of online auction initiatives. This seems a logical move from one of the better sources of ArtWorld statistics and prices. But what does this wave of online initiatives mean for the big boys? Obviously consignors of major works will still want the profile and prestige of the established offline auction houses, Sothebys, Christies et al, but if more bread and butter work starts to go through online systems, whither then the profit margins of the major houses?

And what if the new players start to gain traction in the market place? It should be easier to track prices online in real time across a number of different online sales platforms than it is now. And of course let us not forget that the biggest benefit of online transaction systems is the better access it gives buyers to product; access when they want it. This, beyond the help it gives sellers to put works forward in convenient and price efficient form, is what decides the success or otherwise of any online sales system. And of course if middle and lower level consignors start using online channels we may get better visibility on pricing and trends in a chunk of the market that is usually hidden from public view.

It is easy to be sceptical of online transaction systems. One always assumes there are some items that people need to see or touch for themselves before committing to a purchase. I certainly felt that way when I first heard about eBay selling cars or artworks online. But look at the success they have had. This may start at the bottom end of the market but, as with so many other sectors, quality of products offered rises with reach of market. I think we are witnessing the first steps of a paradigm shift in the Art World market place.

It is also potentially another worrying development for the traditional galleries. They are already losing footfall to people who prefer to see more-work-in-less-time at the fairs and biennials. An effective new online market place could also take footfall from them (or direct it elswhere) and, potentially, encourage more bright young artists to avoid galleries and promote directly online. All such artists would need is one respected critic to validate their work and they could sell “direct from the studio”.

Interesting times. Thoughts?

Miamimania

Thursday November 29, 2007 | 00:21 by András Szántó in Brooklyn | permalink

miami.jpg

Calvin Klein, Tamara Mellon, Donna Karan, Laudomina Pucci, Vivienne Tam, Kenzo, David LaChapelle, Doug Aitken, Jack Pierson, John Currin, Kehinde Wiley, Terence Koh, Dennis Hopper, David Byrne, Keanu Reeves, Steve Martin, Russell Simmons, Lou Reed, Jerry Speyer, Eli Broad, Steve Cohen, Peter Brant, Beth Rudin DeWoody, Aby Rosen, Larry Gagosian, Mary Boone, Andrea Rosen, Barbara Gladstone, Lisa Phillips, Tom Krens, Michael Govan.

What do these people have in common? They’re all going to Miami, of course.

“In ten days,” as fellow Salon writer Steve Kaplan wrote in our recent thread on why people collect, “this culture (or sub culture) will descend in all its sound and fury upon Miami. The attendant rituals of conspicuous consumption, of snubbing and embracing, of preening and prowling, of “perilous journeys across the seas separating the small islands”, might even give the Trobrianders pause. And one can only imagine what an observer with the sensitive antennae of a Malinowski or a Levi-Strauss would make of it all, trudging down Collins Avenue, notebook in hand.”

So, why are YOU going? What are you expecting to get out of Art Basel Miami Beach? What are you excited about? What are you dreading? What are your must-go exhibits, special events, parties? What’s your strategy for making it through the fair and how will you make sense of it all? Please send your thoughts and best advice.

To regulate or not…

Wednesday October 24, 2007 | 12:39 by Ian Charles Stewart in Beijing | permalink

logo_salander.jpgThe apparent failure of a prominent gallery in New York this week (NYT, NYO, Bloomberg) is causing ripples within the international Art community. Whether the truth is about weaknesses in financial management (as suggested by Salander’s lawyer) or something more sinister is beside the point. Many are now asking whether, with the growing number and size of transactions, a more formal, and compulsory, oversight system is necessary for the Art world to protect individual buyers and sellers.

At various times on this site we have discussed the relative lack of transparency of the Art market and talked about some of the mechanisms that exist in other markets. For example financial institutions that take deposits and make loans are required, in most countries, to keep a minimum reserve in hard cash to allow for problems. In quoted markets for publicly traded assets, whether company shares, pork bellies or barrels of oil, every transaction must appear on a public register and be open to all bidders. No transactions are allowed to take place that do not appear on the register/exchange. In addition any market maker or analyst must declare any interest they have in assets being sold by them or through entities associated with them. None of this, of course, happens in the Art world. But all of it could.

What do you think? Do we need some of these rules? Has the Art market now reached the stage that it NEEDS regulating to protect individual buyers and sellers? Or should we continue to rely on members of the community outing their peers before things go bad? Are there less cumbersome alternatives that could be put in place? I once suggested a public register for all transactions of works by major artists. The register would be a standard for the industry. Galleries and Artists could choose to be on the register or not. If on, ALL works traded must be listed, with the date and verifiable transaction price. If not, they don’t appear on the register at all. Ultimately all quality artists and galleries would probably opt to be visible; because anything not on the register would be considered a “lower grade investment”. Views?

Anti-market ruse, or Insta-Collection?

Tuesday August 28, 2007 | 18:05 by Marc Spiegler in Zurich | permalink

In a few weeks, “For Sale,” a show curated by Jens Hoffmann, director of San Francisco’s Wattis Institute, will open at Cristina Guerra Contemporary Art in Lisbon. Hoffmann’s statement describes the exhibition as a reflection of the current trend toward curators organizing shows in commercial galleries, a tactic which downplays the space’s art-dealing in favor of its cultural role. Playing slightly deuxième degré, Hoffmann has asked the artists that he selected for works directly reflecting the fact that the show takes place in a commercial context. The artists lists is strong, multi-generational and brainy, including Allora & Calzadila, John Baldessari, Elmgreen & Dragset, Andrea Fraser, Ryan Gander, Louise Lawler, Tim Lee, Jonathan Monk, Raymond Pettibon, Tino Sehgal, and Mario Garcia Torres.

Here’s the interesting twist: “None of the works in the exhibition can be bought individually and the show can only be acquired as a whole. This fact… obstructs the eventual purchase of the art works - it is clearly more expensive and far more complex to acquire a whole show rather than an individual work. While seemingly completely embracing the commercial aspect of the gallery, FOR SALE in fact tries to obstruct routine business.”

I’d love to see this show due its artists and concept, yet I’m especially curious how effective Hoffmann’s dictate will prove in its stated objective. Frankly, I would not be entirely surprised if some collector takes the plunge, given the mixture of hot young names and established stars, plus Hoffmann’s own curatorial imprimatur. (Obligatory disclosure: Hoffmann curates the Art Perform section of Art Basel Miami Beach; we also once survived a kimchi-and-karaoke night out together in Gwangju, Korea.) After all, if art-market history teaches us anything, it’s that the market is endlessly inventive and surprising when confronted with attempts to obstruct or circumvent it. For someone with tons of money and a big display space, who also happens to share Hoffmann’s taste, the Lisbon show could prove an attractive way to turbo-charge their collection. (Or a museum, better yet.) If it “fails,” this concept could prove strikingly successful for everyone concerned.

The market limits of JPGs?

Tuesday July 24, 2007 | 23:05 by Marc Spiegler in Chicago | permalink

If there’s one thing I learned from having a closeup view of the nineties tech boom, it’s that the greater public tend to first underestimate a new technology’s impact (i.e email, txt-msgs, and e-commerce). Then, once it proves itself, they overestimate its utility, using it for purposes far beyond its capacity. We definitely saw Step 1 in the art market, where the initial attempts to do business virtually hit a wall (remember the ebay/Sotheby’s collaboration?), proving to skeptics that, “No one buys art they haven’t seen.”

But then collectors started doing precisely that, and at increasingly high price points. So suddenly people started talking about virtual art markets eliminating the need for gallery spaces. To me, that’s edging far into Step 2 described above, a sort of late-adopter euphoria.

There’s a limit to JPGs, after all, even in the age of 10-megapixel cameras. So I was gratified to spot this, buried way down in yesterday’s Independent article Saatchi’s new stars: collector prepares for new gallery opening:

A spokeswoman revealed [Saatchi’s] buying methods, which included an arrangement with international art dealers in which he could “view” works for 24 hours before deciding on a sale. “He gets sent images sent by about 25 or so young dealers in New York and Los Angeles and they have now got a system in place whereby if he thinks any of the images are interesting, he get the works sent over here for 24 hours so he can see them properly. If they are not for him they can be sent back the following day,” she said.

As a collector, Saatchi is famously rapid and risk-taking. Yet dozens of works are flying along the NY-LON and LA-LON axes so he can study them in person. Given his influence, that seems like a clear signal that the buying-by-JPG concept has reached the backlash stage of its art-market hype curve. Thoughts?

Chinese copy-painters come to Zurich

Monday July 16, 2007 | 13:10 by Marc Spiegler | permalink

The art scene is slow in Zurich this time of year, like everywhere else. But there’s always room for a little controversy. Last weekend’s concerned the newly established Splügen-Gallery (all text in German), where the business model runs thus: You give them an image of an artwork, and they have it painted for you in Shenzhen Dafen, China, at whatever dimensions you like. The cost? Roughly $450-$900, frame included.

The eclectic first show features works “by” Gustav Klimt, Roy Lichtenstein and Tamara de Lempicka. Naturally, Pro Litteris, the Swiss artists-rights association, objects strongly, arguing that “to reproduce an image you need permission from the artist or their representative.” The gallery’s owner, Chris Rüegg, counters that he’s checked with his lawyers and it’s all perfectly legal.

One thing’s sure: Given the predicted vector of the Chinese contemporary-art scene, Splügen customers might do well to inquire precisely who painted their duped Picasso, Prince, Weischer, or Wool, and keep that name in their bank vault. After all, Western art history is full of people who went from doing commercial art to being canonized artists. Just look at the recent prices for Warhol sketches from his illustrator days.

Thoughts?

Filed Under: General, Asia, Galleries

Summer math camp

Tuesday July 3, 2007 | 14:04 by András Szántó in London | permalink

The three co-founders of Artworldsalon intersected in London last week. Two of them went on to ogle Damien Hirst’s diamond studded skull, about which a report shall soon follow, and which is undeniably the talk of the town. Visitors particularly seem to appreciate the gesamtkunstwerk atmosphere. It’s not just the skull but the full-court theatre around it, including the thuggish Mafia-style security guards. More on that carnival attraction from the eyewitnesses who saw it.

The real eye candy for me this summer in London was at the National Gallery, which has organized a spellbinding show of Dutch portraiture, a true diamond gem of an exhibit. A less noticed visual art event awaits at Heathrow airport. A slick video about security procedures now playing on a row of flat-panels right above the baggage X-ray machines is a sight to behold. It looks like it was produced by Matthew Barney in collaboration with the people who make Apple’s iPhone commercials. Slow-motion shots from edgy avant-garde camera angles (e.g. bird’s eye view of gorgeous passenger walking through metal detector) capture models of attractively blended origin as they glide through the ritualistic passage of belt removal, laptop opening, and body frisking. Their dignified countenance and beatific smiles radiate an inner calm, as though they were being cleansed; suspicions erased, innocence reasserted.

Anyway, on to matters at hand. One of the delights of airplane time is the freedom to read even the smallest articles in The Economist, including the little teaser for their blog, Free exchange, which on June 26 posted a fascinating roundup of variables shown empirically to influence the prices of paintings. Quoting from Tyler Cowen’s latest book, Discover your Inner Economist, they posit the following relationships:

“1 Landscapes can triple in value when there are horses or figures in the foreground. Evidence of industry usually lowers a picture’s value.

2 A still life with flowers is worth more than one with fruit. Roses stand at the top of the flower hierarchy. Chrysanthemums and lupines (seen as working class) stand at the bottom.

3 There is a price hierarchy for animals. Purebred dogs help a picture more than mongrels do. Spaniels are worth more than collies. Racehorses are worth more than carthorses. When it comes to game birds the following rule of thumb holds: the more expensive it is to shoot the bird, the more the bird adds to the value of the painting. A grouse is worth more than a mallard, and the painter should show the animal from the front, not the back. Read More »

E-Mail This Post/Page del.icio.us:Summer math camp digg:Summer math camp Y!:Summer math camp 1 Comment

Collectors, consultants, complications…

Tuesday May 29, 2007 | 12:49 by Marc Spiegler | permalink

Catching up on my Memorial Day/Pentecost weekend reading, I came across an upbeat-on-the-art-market New York Times piece, The Art of Buying Art, With the Help of an Adviser. It’s pretty pro-adviser, explaining all the various services the right one can provide. Including making you tons of money, as witnessed by the article’s kicker quote: “[Advisor Stacey Winston-Levitan] recalled a phone call a few months ago from one of her clients who wanted to thank her for her advice to buy a John Baldessari piece for $20,000 in the early 1990s. The client had just been offered $500,000 for it. ‘As an art adviser,’ she said, ‘those are the calls you love to get.’”

Slotted in the NYT Business section (not the culture pages), with the section head “Spending,” this piece was classic “service journalism,” i.e. intended to help the reader in dealing with their lives, finances, etc. Which is why it seemed a little weird to see how quickly it skimmed over one of the potentially thorniest issues in the collector/consultant relationship: Compensation. As the Times informs us, “Consultants can charge by the hour, by the project or on a retainer basis. They may also charge a percentage of the price of the art they help acquire.” But as I noted in this month’s Art Newspaper article “The problem with art advisors,” this can be filled with unexpected implications for the novice collector that the Times piece targets:

At its cleanest, [compensation] is straightforward: the collector pays a retainer, usually based upon the ambition level of the projected collection and the speed with which it’s supposed to be completed. Much more frequently, the consultant is paid a commission on each sale by the gallery. To the extent that there’s an industry standard, it’s 10 percent. But in reality, that’s just a baseline number. “With some of my artists, like Josephine Meckseper, where demand is high, the price is the price—if they want a ­commission, a consultant needs to work it out with their client,” says dealer Elizabeth Dee of New York. “With other artists, I can be more ­flexible. But you never want to give them more than 10 percent , even though many consultants come asking for 15 percent or even 20 percent.”

… The problem with fluctuating commissions goes beyond the dealer’s profit margin: it also means that advisors have a financial incentive to deal more with one gallery than another, which can skew their clients’ collections toward the artists of the galleries from whom the advisor reaps the best rewards. “I’m very blunt with ­consultants—I tell them that I want to build a long relationship with them, and that commissions start when we do our fifth or sixth deal,” says Ed Winkleman. “But I know with some consultants that if there’s no ­commission, they’re not coming back.”

Read More »

Clippings from the salon floor, #10

Monday May 28, 2007 | 23:14 by Marc Spiegler in Zurich | permalink

diamond skull Bling and nothingness? Damien Hirst, quoted re his £50 million diamond-encrusted skull in the Financial Times article What else can you spend your money on?: “The idea is very blingy but it turns out to be something much more. The way it looks is amazing. You almost believe that it is a victory over death.”

Immortality for a mere £50 million? Hirst again, in the same article, re the art market’s allure to his peers among the superwealthy: “If you want to own things, art is a pretty good bet. Buy art, build a museum, put your name on it, let people in for free. That’s as close as you can get to immortality.”

“See it Venice, buy it in Basel Venice” From The Art Newspaper’s Venice Biennale proposes becoming a selling show again: “The Venice Biennale used to sell art openly—from 1942 to 1968. The Italian dealer Ettore Gian Ferrari had the official job of placing works for any willing artist, earning 15 percent for the Biennale and 2 percent for himself. ….When the president of the Biennale, Davide Croff, realised that Cornice [Fair] had the support of all the public authorities…and of a number of prominent art world figures… he considered whether the Biennale should start selling again from 2009.”

Signor Croff, non c’e piu bisogno di vendere l’arte, metti all’asta le camere d’albergo! From ARTINFO.com’s Phillips de Pury auction report: “Before the auction began, Simon de Pury announced that one member of the Guggenheim Foundation’s International Directors Council would not be able to make it to Venice and had asked that he take bids on her room at the Hotel Cipriani, with proceeds from the unofficial sale going to the museum. A flurry of bids brought the accommodations up to $45,000.” Read More »

Contemporary: what real value?

Sunday May 27, 2007 | 14:47 by Ian Charles Stewart in Beijing | permalink

In the context of a discussion this week, on this site and his own blog, about the appropriateness of different subjects for contemporay Art, Ed Winkleman said

The truth about the current art market is in fact so complicated it’s beyond the grasp of many of the world’s best economists.

Hmmm. That is either a disservice to Economists or an overly apologetic way of describing the nonsense of current pricing.

On bloomberg.com on Friday we had a quote from collector (and former hedge fund manager) Michael Steinhardt saying that new moneyed collectors buy contemporary art as a form of “personal aggrandizement”. He added:-

There are limited assets that have cachet. If you buy the fanciest Cadillac today, or a Mercedes, its a yawn. The world is so wealthy.

he continued:-

The decline [of Art Prices] will be associated with declines in stocks and real estate. A lot of markets are near new highs.

Rothko__72.84m.jpgClearly the records at both Sotheby’s and Christie’s last week reflect a combination of the intrinsic value of the works sold AND a premium associated with the wallets of those bidding against each other. For this not-disinterested collector/observer, it will be interesting to see where prices settle after the impending market correction. In other words: to see what the underlying value of a work might be, after the premium associated with the irrational exuberance of super-moneyed buyers is removed from the marketplace.

Gallery Weekend Berlin: An art-fair antidote?

Thursday May 3, 2007 | 23:59 by Marc Spiegler in Berlin | permalink

Fernsehturm, Berlin I never need much of an excuse to go to Berlin. I love the city’s density of galleries and artists, but also the fact that living costs and renting space still remains so cheap that people take all sorts of risks without lining up the full financing beforehand. Three years old now, the Gallery Weekend Berlin event seemed like a classic example of the city’s cultural experimentation, and I’d several times heard it described as an antidote to art fairs. My curiosity was piqued. So last Friday I flew into Tegel, eager to see if GWB truly presents a new model for galleries to work within the rapidly evolving artworld.

The basics of the GWB are simple: 29 galleries held openings Friday night and agreed to stay open (exceptionally) on Sunday and Monday. A pocket-size program was printed up with a gallery map. (Here’s a full list of all of the GWB shows; Franz Ackermann’s show at neugerriemschneider was the crowd favorite, Dash Snow at CFA’s the most hotly debated.) The dealers held their own private dinners after the Friday openings. Then on Saturday night there was a gala event (well, “gala” by Berlin’s low-key standards), held in the newly opened and quite swank Grill Royal, to which the 29 galleries could invite six guests each.

From an artistic standpoint, the GWB made a strong case as a cultural event. The standard proved uniformly high and the weekend served well its purpose as a reminder that gallery spaces create an utterly different context around artworks than exhibition halls. In addition, even when you’re sprinting through three dozen galleries over the course of a few days, it’s totally different than seeing 250 booths (or even far, far more) in the same time period.

Of course, the attractions of fairs are more than just the art (whether for buying and seeing). They’re also the artworld crossroads, where everyone bumps together. From this standpoint, the GWB felt more like a minor biennial than like a fair. For one thing, there was a much smaller crowd of out-of-town visitors than at a fair, maximum 1,000 people (and only a few hundred foreigners, I’m guessing). That said, those who came tended to be people who have a daily relationship with art, be it as art critics, institutional curators or hard-core collectors (i.e. the Rubell clan, Rosa de la Cruz, Ingvild Goetz). And GWB certainly had its artworld social moments: Eva and Adele surfacing randomly; Christian Jankowski rallying the troops for a late-night expedition to Rio Bar; Dash Snow and Jonathan Meese jumping around the Volksbühne dancefloor, their long hair and wild eyes going in all directions simultaneously; Artnet’s cocktail party at the Münzsalon private club, closing the weekend with verve despite all the compounded hangovers in the room. Read More »

E-Mail This Post/Page del.icio.us:Gallery Weekend Berlin: An art-fair antidote? digg:Gallery Weekend Berlin: An art-fair antidote? Y!:Gallery Weekend Berlin: An art-fair antidote? 1 Comment

Clippings from the salon floor, #6

Sunday April 29, 2007 | 12:19 by Marc Spiegler in Berlin | permalink

America First in Venice? Venice Biennial director Rob Storr, quoted in Time’s Talking Bout the Biennale Q&A (via MAN): “America has been, in terms of markets, exhibitions and publications, the 300-pound gorilla. It’s not in the place where it was in the ‘60s and ‘70s but it still weighs in very heavily. So if you are an American you’re seen as part of that sizeable American art world.” Later on Storr says “[the biennial] has about 96 artists. A larger number of Americans than I would have expected going into it — about 22.” That gorilla’s looking strong, huh?

More Storr… From the same article cited above: “Biennales are a crash course in contemporary art, a place where the general public at a relatively low cost can come and find out what’s going on in the world. In my mind the real audience for the Biennale are students and travelers who have sufficient income to make a trip to Italy and who don’t have access to much contemporary art at home… But attendance has sloped off over the last decade or so. I’m not sure why.” Um, maybe because the “real audience” is surrounded by newConArt museums and art fairs in the convenience of their own homelands?

Magical museum thinking: Bloomberg’s Martin Gayford musing on how the job posting for Charles Saumarez Smith’s replacement as director of London’s National Gallery should read: “Wanted: Capable administrator and art world diplomat, able to conjure tens of millions of pounds out of thin air, time and time again.” Equally well-put: “Now, the masterpieces outside museums are as rare as snow leopards or Yangzi dolphins.”

A director´s dreams, a visitor´s nightmare: From Eric Gibson’s Opinion Journal piece on overcrowded museums (via AJ): “Art museums are now mainstream, the leisure destination of choice for a large segment of the population… [At the British Museum] the Rosetta Stone was so mobbed that the only way to “see” it was to hold your camera aloft and hope that there would be a decent photograph to look at when you got home… The viewing conditions are now so difficult that, in the midst of a crowded museum, you find yourself wondering why the director and curators went to all the trouble to acquire such fine objects and persuade you to come look at them if they’ve made it impossible to really see anything.”

Explosive Language “Nazi Looted Art” author Gunnar Schnabel cited by Bloomberg, re Germany´s unresolved WWII restitution cases (via AJ): “It’s like hiding a nuclear bomb under the bedcovers. There are so many cases that need to be cleared up, thousands of them in Germany alone.”

Indian bazar: More signs of India’s art market growing pains, from the Times of India article Taxmen raid 25 art galleries in Delhi, Mumbai: “A large part of the deals were found to have been made in cash, sources said… The Income-Tax department believes that the galleries were resorting to large-scale under-invoicing, reporting lower value than what they earned through sale of art work, and did not show a large number of works in their inventories raising apprehensions that many transactions were not being reported to the taxmen.”

Gallery Geekery A while back, we mulled the need for a Google maps/gallery guide mashup. This week, Gallery Hopper wrote: “The new “My Maps” feature of Google Maps allows you to create your own customized maps and I’ve given it a little spin using the April gallery picks I posted earlier this week. Now you’ll have a handy map to follow while running around the city looking at this months great photography.”

Reverse Engineering From the Telegraph’s Art sales: Technology fuels boom in print: “‘The computer is the new sketchbook,’ says Alan Cristea, who has led the market in British print publishing since the 1970s, when he began working with artists such as Richard Hamilton. ‘Artists like Hamilton and Julian Opie are now starting with the printed image and making paintings from prints.’”

Sgarbi the Destroyer I have no idea what he’s talking about, but I stumbled across this video of Italian reactionary culturati Vittorio Sgarbi’s MacBook-throwing television tantrum.

Art-market art, in the art market

Thursday April 26, 2007 | 22:23 by Marc Spiegler in Zurich | permalink

When Edward Winkleman weighed in on Saltz vs Heiss, he wrote, “Perhaps a smart show about the current art market would require too much analysis (a CPA and a hedge fund manager might have to curate it) to be visually interesting or pleasing.” This aside got me thinking in two directions. First, that one of my favorite (conceptually speaking) recent shows, “Leftovers: A Selection Of My Unsold Pieces From The Private Galleries I Work With,” focused upon this very topic. Bulgarian artist Nedko Solakov had Mirjam Varadinis - the curator for a planned Kunsthaus Zurich show of his drawings - instead visit all his dealers and select the 2005 exhibition’s content from among their unsold Solakovs.

Solakov asked all the dealers for an explaination of why those works had not sold and posted their texts alongside their gallery’s “leftovers.” My favorite? Brussels dealer Erna Hecey, whose list revealed the haphazard traige of the supposedly rational art market: “The works are too expensive. The works are not expensive enough… The world is not ready for this work. This work comes a bit late… The works have not been presented enough. The work has been shown too often and everywhere… Mars was conjuncting in Pluto at the time of the show.” Naturally, the simple fact that these works were slated to be shown in a major cultural institution suddenly stirred interest among collectors. But Solakov pulled pieces out of the show if they sold before it opened, and scrawled an explanation in the gap left behind.

Second point: I’ve amassed many images of artworks created as counterpoints or commentary on the current market, which I use to illustrate my speeches about the artworld. I’m going to dump some prime examples in here for examination/discussion. A note to Artworld Salon readers: Send along images of works on this theme (ideally 494 pixels wide JPGs @ 72dpi) and I’ll update our premiere Artworld Salon “exhibition.”

William Powhida, Detail from Wall of Shame, 2007
(From his upcoming Schroeder Romero gallery show)

AVM_Powhida.JPG Read More »

Clippings from the salon floor, #5

Sunday April 22, 2007 | 21:01 by Marc Spiegler in Zurich | permalink

The Venison’s still sizzling! The New York Sun piece Auction Houses Vs. Dealers (via ArtsJournal) quotes Christies president Marc Porter, re Haunch of Venison Gallery becoming the house’s private-treaty-sales division: “To presume that the golden day of the 60s and that gallery system is what’s appropriate in a global art world may be a great disservice to artists and to collectors. What we’re doing is ensuring that the art business evolves, so that the people who use the business are best served.” Author Kate Taylor also notes, “For now, Haunch of Venison is forbidden to bid at Christie’s auctions.” Can someone please define “for now” as it’s used in that sentence?

BanksyBananas.jpg Next time, auction off the substation… After London Transport agency workers painted over a Banksy mural - estimated to be worth more than $500,000 - on the side of an electricity substation, a Reuters report cited an agency spokesman explaining: “We recognise that there are those who view Banksy’s work as legitimate art, but sadly our graffiti removal teams are staffed by professional cleaners not professional art critics.” But, wait, now the Independent says the workers deny whitewashing it.

Documenta is an art fair?!? From the lead paragraph of the much-hyped Portfolio magazine’s obligatory China ConArt story The Ka-Ching Dynasty: “This June, at the Documenta 12 art fair in the picturesque hill town of Kassel, Germany, the gallery-going set might notice an unusually homogeneous group mingling among them: 1,001 Chinese people all dressed alike. But the fair hasn’t mandated a uniform; the mysterious visitors will be part of a living, breathing, schmoozing installation by the artist Ai Weiwei. Ai is one of several Chinese contemporary artists exhibiting at the influential fair, including painters whose works have been flying off the auction block for well into the six figures.” So much for CondeNast’s legendary fact-checking…

Annals of Art-Market Anarchy: Artnet magazine’s Chinese Artists at Crossroads re the Wild Westness of China’s ConArt scene: “Many galleries report that maverick artists often balk on contractual agreements. In some scenarios, artists have actually walked out of their own opening, art works under their arms, to later redistribute the paintings at other galleries around the city.” Read More »

E-Mail This Post/Page del.icio.us:Clippings from the salon floor, #5 digg:Clippings from the salon floor, #5 Y!:Clippings from the salon floor, #5 1 Comment

Frankfurt: Is a fair without booths still a fair?

Friday April 13, 2007 | 15:10 by Marc Spiegler in Frankfurt | permalink

FrankfurtFair_1.jpgTwo years ago, the Frankfurt trade-show company asked local gallerist Michael Neff to overhaul its art fair, which had become a regional mediocrity. Neff’s tactic has been to radically rethink the notion of a fair. For this year, he announced a fair without walls, as in: Sculpture only. And no booths. Rumor had it Neff even forbade seats for the dealers. Curious, I packed into the Deutsche Bahn early yesterday and rode off to Germany’s finance capital.

Walking into the sprawling convention center’s cavernous Hall 9, one had the impression of entering an indoor sculpture garden. Arranged along the perimeter of the hall, with a shrouded cafe area in the middle, were roughly 100 large sculptures (and some freestanding installations) spaced at quite decent intervals - one could see them from all angles, without even having to stand atop adjacent works. (Images here.) And indeed the only walls were in the Dennis Loesch sculpture reproducing small sections of Frieze Art Fair booths complete with gallery signage. The closest thing I’ve seen to this at any other fair are the open areas within Art Basel’s Art Unlimited. Rumor has it Neff heavily influenced the selection of work each gallery brought and this fair looked most like a curated exhibition, right down to the dramatic (over-dramatic?) spotlight bathing each piece in the otherwise darkish hall. Almost all of were quite recent pieces by younger contemporary artists - although there was a Carsten Höller and a Gunther Förg, and a very cool security-cammed Valie Export piece, conceived in 1973 (but only now executed). The size and ambition of the artworks were refreshing; these were not the domestic-sized sculptures one commonly sees in art fair booths, appropriate for placement in a finacier’s soft loft, but not too intrusive.

Of course, there’s a reason why you commonly see such works in fairs, which is that they are far more saleable. After all, few private collectors have the space for such major installations and sculptures. And if one thing was clear, it was that the dealers in Frankfurt were not counting on selling much. One I talked to was planning to go home the next day, Read More »

Filed Under: General, Fairs, Galleries
E-Mail This Post/Page