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Displaying items by tag: Andy Warhol

After receiving some criticism for its meager collection of 20th century art, the Crystal Bridges Museum of American Art in Bentonville, Arkansas made a number of major acquisitions. The works will debut at the museum later this month as part of the 20th Century Art Gallery’s rotating exhibition schedule. Along with the newly acquired works, Mark Rothko’s (1903-1970) No. 210/No. 211 (Orange), which was purchased by Crystal Bridges in 2012, will be reinstalled.

Highlights from the museum’s recent purchases include Andy Warhol’s (1928-1987) Hammer and Sickle (1977). The 6 x 7 foot acrylic and silkscreen ink on canvas work is a part of Warhol’s Hammer and Sickle series. Crystal Bridges also acquired a major copper and Plexiglas sculptural work by the minimalist artist Donald Judd (1928-1994). Untitled 1989 (Bernstein 89-24) (1989) stands nearly 19 feet tall and is comprised of ten box-like elements made of copper and red Plexiglas. The sculpture is a prime example of Judd’s pioneering work.

In addition to the works by Warhol and Judd, Crystal Bridges acquired Max Weber’s (1864-1920) early modernist painting, Burlesque #1 (1909); Agnes Pelton’s (1881-1961) desert inspired oil on canvas work, Sand Storm (1932); and Marvin Dorwart Cone’s (1891-1965) Stone City Landscape (1936), which is executed in the Regionalist tradition.

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After losing a major court case, Russian oligarch Boris Berezovsky will sell a limited edition print of former Soviet Union leader Vladimir Lenin by Andy Warhol (1928-1987). Berezovsky hopes that the sale of Red Lenin (1987) will help him pay off legal bills stemming from the failed court case.

In 2011, Berezovsky brought a civil case in the UK High Court against Roman Abramovich, the owner of the Chelsea Football Club. Berezovsky was a former business associate of Abramovich’s and helped him acquire control of the Russian oil company, Sibneft, in the 1990s. Berezovsky accused Abramovich of blackmail, breach of trust, and breach of contract and claimed that he was threated and intimidated to sell his stake in Sibneft in 2011 for less than its actual value. Berezovsky was seeking $4.5 billion in damages.

Red Lenin will be sold as part of Christie’s Old Master, Modern & Contemporary Prints auction on March 20, 2013 in London. The brightly colored screen print is expected to garner $45,000 to $75,500.

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Christie’s online-only auction of 125 works by Andy Warhol (1928-1987), which ran from February 26-March 5, 2013 was a huge success. The sale, which included paintings, drawings, photographs, and prints, garnered $2.3 million, doubling its pre-sale estimate. Proceeds from the auction will benefit The Andy Warhol Foundation for the Visual Arts, which is dedicated to the advancement of the visual arts.

The auction, which was the first online-only Warhol sale, attracted 65,000 visitors and 263 bidders from 36 countries. The featured works had estimates ranging from $600 to $70,000 and many have never been on public view. Highlights from the sale included I Love Your Kiss Forever, a 1964 lithograph of Marilyn Monroe’s lips that fetched $90,000, more than 40 times its pre-sale estimate; In the Bottom of My Garden (circa 1956), a complete book of offset lithographs colored by hand that realized $80,250; and a t-shirt screen printed with Warhol’s Self-Portrait with Fright Wig, which garnered $47,500. The only lot that failed to sell was a graphite on paper drawing titled Madonna and Child (circa 1981), which was expected to bring $30,000-$40,000.

The next Andy Warhol @ Christie’s sale is in April 2013 and will be dedicated to Warhol’s legacy at the famed New York nightclub, Studio 54. Christie’s will host a number of online auctions throughout 2013 as part of an ongoing partnership with the Warhol Foundation.

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Jean-Michel Basquiat (1960-1988), an obscure graffiti artist who shot to fame in the 1980s thanks to his Neo-expressionist and Primitivist paintings, is the subject of a major exhibition now on view at Gagosian Gallery in New York. Gagosian first featured Basquiat’s work thirty years ago in its Los Angeles gallery.

Since his untimely death at 27, Basquiat has been given a number of posthumous retrospectives including one at the Whitney Museum of American Art in New York (1992-92) and another at the Brooklyn Museum of Art (2005). The first major show to focus on the artist in eight years, the Gagosian exhibition will present over fifty works from public and private collections that span Basquiat’s short but powerful career.

Basquiat, who left his family home in Brooklyn at 15, became a major figure in New York City’s underground art scene. After making a name for himself as a prolific graffiti artist, Basquiat transitioned to painting and hit his artistic stride. Basquiat befriended Andy Warhol (1928-1987), was the subject of an iconic New York Times Magazine feature, and had become a major art star before his life was cut short due to a drug overdose.  

Basquiat’s works will be on view at Gagosian Gallery through April 6, 2013.

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Wednesday, 30 January 2013 12:34

Christie’s to Host Online-Only Warhol Auction

Christie’s will be holding an online-only auction of works by Andy Warhol (1928-1987) from February 26 through March 5, 2013. The sale, which aims to grant a broader audience the chance to own a Warhol original, will benefit the Andy Warhol Foundation for the Visual Arts.

125 paintings, drawings, photographs, and prints by Warhol, an art market powerhouse, will be available. The works feature a wide range of pre-sale estimates, spanning from $600 to $70,000. The online format allows interested buyers to browse available works, make bids, and receive notifications by phone or email about the sale and status of their bids.

Although this is Christie’s first online-only Warhol sale, the auction house will be hosting more throughout 2013 as part of an ongoing partnership with the Warhol Foundation. The weeklong digital sale marks the first time Christie’s has ever offered online-only Post War and Contemporary art sales.

Highlights from Christie’s online sale include one of Warhol’s famous Campbell’s soup cans filled with concrete (circa 1964), four gelatin silver prints of Steven Spielberg stitched together (circa 1976-1986), and a graphite on paper drawing titled Madonna and Child (circa 1981).

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On a recent visit to the Andy Warhol Foundation in New York, gallerist Daniel Blau was allowed a glimpse of rare, early drawings by Andy Warhol (1928-1987) that had remained out of public view for over 20 years. The 300 drawings, which were completed in the 1950s, will be published for the first time next week.

The drawings stand in sharp contrast to Warhol’s highly recognizable pop art works and reveal a lesser-known side of the artist as a talented draughtsman. The works will be published in a book edited by Blau and are currently being exhibited at the Louisiana Museum of Modern Art in Denmark (on view through February 21, 2013). After another exhibition in The Netherlands, the drawings will be put up for sale, surely a welcomed addition to the highly sought after Warhol works currently on the market.

Blau has a longstanding relationship with the Andy Warhol Foundation and organized his first show of the artist’s work in 1995. He has held a number of Warhol shows since then. From Silverpoint to Silver Screen, Warhol: The 1950s Drawings, which is being published by Hirmer, will be available on January 28, 2013.  

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Monday, 07 January 2013 13:15

Andy Warhol Named Top Artist at Auction

American pop artist Andy Warhol (1928-1987) brought $380.3 million in sales in 2012, exceeding Chinese ink painter Zhang Daqian (1899-1983) as the world’s highest seller at auction. Warhol also surpassed modern master Pablo Picasso (1881-1973) and Gerhard Richter (b. 1932), who holds the record for top living artist at auction.

Warhol’s all-time sales reached $2.9 billion while Picasso, who is regarded as the world’s costliest artist at auction, hit $5 billion. Picasso’s total auction sales for 2012 were down to $334.7 million from $366 million. Officials blame lack of supply for the dip in Picasso sales; while works by Picasso remain in demand, there are currently fewer exceptional pieces on the market. Daqian took an even harder hit than Picasso, slipping from $782.4 million at auction to $241.6, most likely the result of the economic and political uncertainty that pervaded China in 2012, which affected the international demand for Chinese art.

The restructuring that occurred last year knocked Daqian from first to fourth place in terms of selling power, a reflection of the increased demand for western postwar and contemporary works in the art market. A testament to contemporary art’s dominance, auctions in that category raising a record $1.1 billion in November 2012 through sales at Sotheby’s, Christie’s, and Phillips de Pury & Co.

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The traveling exhibition, Andy Warhol: 15 Minutes Eternal, marks the 25th anniversary of Andy Warhol’s (1928-1987) death. The tribute to the pioneering pop artist features over 300 works including paintings, photographs, screen-prints, sculptures, and films and presents Warhol’s famous Campbell’s soup cans as well as his iconic portraits of Jackie Kennedy, Elizabeth Taylor, Marilyn Monroe, and Mao Zedong.

15 Minutes Eternal, the largest traveling exhibition of Warhol’s work to date, has already been on display in Singapore and is currently on view at the Hong Kong Museum of Art through March 31, 2013. However, a few changes will have to be made before the works appear in Beijing next year as China’s Ministry of Culture has requested that the 10 Mao paintings be left out of the Beijing leg of the tour. Created in 1972 after Richard Nixon made his historic visit to China, the Mao portraits were made by applying acrylic and silkscreen-ink to canvas and went on to become some of Warhol’s best-known works.

The 26-month Asian tour has already been a success with 175,000 people visiting the exhibition in Singapore. Officials hope that the absence of the Mao paintings will not affect attendance in Beijing. The last stop on the tour is Tokyo, where the exhibition will be on view from February 1, 2014 to May 6, 2014.

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While hedge-fund owner, Steven A. Cohen, is embroiled in a financial fiasco, the art world is anxiously waiting to see what will become of his impressive art collection. The U.S. Securities and Exchange Commission has informed Cohen that his $14 billion company, SAC Capital Advisors LP, could be at the center of an insider-trading lawsuit. The SEC is currently suing SAC Capital’s former portfolio manager, Mathew Martoma.

Cohen, who is worth $9.5 billion, started building his collection around 2001 and is now regarded as one of the biggest and most influential art collectors. Once a major buyer of Impressionist works, Cohen began collecting more contemporary pieces and helped raise prices of big-name artists like Damien Hirst, whose shark in formaldehyde, titled The Physical Impossibility of Death in the Mind of Someone Living, he bought for $8 million.  

Cohen’s collection also includes works by Vincent van Gogh, Edouard Manet, Willem de Kooning, Pablo Picasso, Paul Cezanne, Andy Warhol, Francis Bacon, and Jasper Johns. If Cohen’s troubles worsen, he may be forced to dismantle his carefully assembled collection and begin selling his artworks.

 

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Wednesday, 05 December 2012 14:00

Highly-Anticipated Art Happenings Kick-Off in Miami

The anxiously awaited event, Art Basel, begins tonight, December 5, with a VIP preview and runs through Sunday, December 9. Now in its 11th year, Art Basel has become a defining event in the art world and each year the city of Miami is taken over by collectors, curators, artists, celebrities, and art enthusiasts as well as a host of art fairs.

Taking place at the Miami Beach Convention Center, Art Basel features over 260 big-name galleries from around the world and exhibits works by more than 2,000 artists of the 20th and 21st centuries. Renowned for its support of young and emerging artists and galleries, Art Basel includes performance art, public art projects, lectures, and video art installations. Some exhibitor highlights include Acquavella Galleries, Mary Boone Gallery, Gagosian Gallery, Hauser & Wirth, Lisson Gallery, and White Cube, among many others.

Regarded as Miami art week’s anchor fair, Art Miami got a head start on Art Basel and hosted a VIP preview on December 4 at the Art Miami Pavilion in the city’s Wynwood Arts District. The fair, which features modern and contemporary offerings from more than 125 international galleries, runs from December 5 through December 9. While Art Basel tends to be spotlighted during Miami’s art week, Art Miami is the original and longest-running contemporary art fair to be held in the area with 23 years under its belt. Exhibitors include Douglas Dawson Gallery, Eli Klein Fine Art, Haunch of Venison, Hollis Taggart Gallery, Jerald Melberg Gallery, Michael Goedhuis, and Waterhouse & Dodd.

This year, Art Miami coincides with the inaugural CONTEXT art fair, which features 50 galleries representing emerging and mid-career artists. Located in an ultramodern pavilion adjacent to Art Miami, CONTEXT boasts indoor and outdoor projects as well as solo artist installations, curated projects, and multimedia exhibits. Between Art Miami and CONTEXT, there will be over 200,000 square feet of exhibition space and over 250 participating galleries.

Another highlight of the city’s art week is Scope Miami, which opened on December 4 with a VIP preview and will run through December 9 at a new location in the midtown arts district. With a 100,000 square foot pavilion, Scope features 20 new galleries as part of its “Breeder Program” and 85 established exhibitors. Besides modern and contemporary art, there will be design, music, and fashion offerings.

Pulse Miami opens to the public on December 6 and runs through December 9 at The Ice Palace Studios. One of Art Basel’s many satellite fairs, Pulse is in its eighth year and features 86 international galleries exhibiting works on paper, paintings, sculptures, performances, installations, and video art. Pulse also includes its signature series, Pulse Projects, a selection of installations proposed by galleries and not-for-profit institutions. This year’s Pulse Projects includes a short film by Zackary Drucker shown earlier this year at MoMA PS1, marble installations courtesy of Venske & Spanle and Margaret Thatcher Projects, and a special screening of street artist Invader’s Art 4 Space, courtesy of Jonathan LeVine Gallery.

While there are countless fairs, events, parties, concerts, and openings happening in Miami this week, one not to be missed affair is the Masterpieces from the Berardo Collection exhibit at the Gary Nader Art Centre. Opening on December 5, the show features pieces from one of the finest modern and contemporary art collections in existence. Hand-picked from the private holdings of Joe Berardo, a Portuguese mogul, the 110 works are worth $500 million. Featured artists include Francis Bacon, Jean-Michel Basquiat, Alexander Calder, Salvador Dali, Marcel Duchamp, Max Ernst, Roy Lichtenstein, Pablo Picasso, Diego Rivera, Cy Twombly, Andy Warhol, and many more.

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