Displaying items by tag: Giacometti

Billionaire collector Steven Cohen, who recently added Giacometti's "Chariot" (1950) to his vast art collection for a cool $101 million, donated a tour of his Greenwich, Connecticut collection to the Foundation for Prader-Willi Research charity auction last week, as per "Page Six." Cohen, who was also actively involved with the Robin Hood Foundation for many years, was revealed as the buyer of the Giacometti sculpture, which sold on a single $90 million bid at Sotheby's on November 4 (see "$101 Million Giacometti Leads Sotheby's $400 Million Imp Mod Evening Sale") to David Norman, Sotheby's co-chairman of Impressionist and modern art worldwide, who was bidding for his client.

No word yet on whether the tour was successfully sold at the charity auction, or for how much—the Foundation for Prader-Willi Research did not respond for comment.

The publisher and art critic, Christian Zervos, founded the French art review, Cahiers d’Art, in 1926. The magazine ran without interruption from 1941 to 1943, until 1960 and featured artists such as Picasso, Matisse, Braque, Leger, Ernst, Calder, and Giacometti. Known for its striking layout and abundant photography, Cahiers d’Art also featured reviews written by the likes of Ernest Hemingway and Samuel Beckett. After being out of production for more than fifty years, Cahiers d’Art has been reborn.

Swedish collector and entrepreneur, Staffan Ahrenberg, bought the dormant publication after he walked by the still-operating Cahier d’Art gallery along the rue du Dragon in Paris. Ahrenberg re-launched Cahiers d’Art with former Art Basel director Sam Keller and the renowned curator Hans Ulrich Obrist as editors. The first issue features Ellsworth Kelly, Cyprien Gaillard, and Sarah Morris. As in the past, Cahiers d’Art will not contain advertisements nor will it follow a regular production schedule.

Major art world players including Larry Gagosian, Guggenheim boss Richard Armstrong, and Alfred Pacquement of the Pompidou Centre gathered in a tiny Left Bank gallery in Paris to celebrate the review’s return.

Hedge-fund manager Adam Sender’s curator made her way through the mega-souk on the Hudson that is New York’s Armory Show Wednesday and stopped at the Untitled booth for Andrew Hahn.

“I think everyone is in love with these,” said Sarah Aibel.

She and London collector Anita Zabludowicz were among those who picked up his silk-screens which riff on the art world.

One piece, in black and white, depicts a man at a counter with a caption that reads, “This is the art dealer. He sells the things that are good for you.”

They cost $2,000 per silk-screen. The gallery has 60 of them and sold 55 on the first day.

Also browsing through the 274 galleries from 31 countries were Lightyear Capital LLC chairman, Don B. Marron, oil trader Andrew Hall, Greek shipping heir Stavros Niarchos and Warren Eisenberg, co-chairman of Bed Bath & Beyond Inc. (BBBY)

Lower-priced works by younger artists sold briskly. And keep in mind that the offering price often gets bargained down by collectors with clout.

Los Angeles-based dealer David Kordansky placed three vibrant Primitivist paintings by West Coast artist Ruby Neri, with prices ranging from $14,000 to $18,000.

Gilbert and George

Blue-chip galleries with affordable works by established artists also did well.

By 3:30 p.m. on Wednesday, Lehmann Maupin gallery had sold half of the 52 artworks by British conceptual duo Gilbert and George. They consist of 13 postcards of London’s tourist and sex attractions. Each was offered at 17,000 pounds ($27,667).

“With $60,000 and under there is a comfort level in pulling the trigger,” said New York dealer Marianne Boesky, who sold paintings and sculptures in that range by artists Rachel Feinstein, Diana Al-Hadid and Hans Op de Beeck.