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On 11 and 12 December 2014 Sotheby’s New York will present 175 Masterworks To Celebrate 175 Years Of Photography: Property from Joy of Giving Something Foundation, a single owner sale of the most significant collection of photographs in private hands today. The works to be offered date from photography’s earliest years in the 1840s to contemporary 21st Century color images and include major photographs from all of the medium’s most important practitioners including: Julia Margaret Cameron, Henri Cartier-Bresson, Walker Evans, William Eggleston, Robert Frank, Gustave Le Gray, Irving Penn, August Sander, Alfred Stieglitz, and Edward Weston, among others. The collection was meticulously put together over decades by Howard Stein (1926-2011), one of photography’s greatest collectors, whose vision and keen understanding of the medium informed his purchases. Mr. Stein donated the collection to the Joy of Giving Something Foundation, a not-for-profit organization dedicated to the photographic arts, which is the sole beneficiary of the sale. Highlights will be shown in San Francisco, Los Angeles, and Paris prior to the full exhibition in New York. The pre-sale estimate of $13/20 million is the highest ever for a Photographs auction.

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An exhibition titled At War with the Obvious: Photographs by William Eggleston is now on view at the Metropolitan Museum of Art in New York. William Eggleston (b. 1939) became pioneering force in modern photography during the 1960s and helped legitimize color photography as a respected art form. He also popularized the dye-transfer color process, a practice that until then was primarily used by commercial photographers. Eggleston, who remains a prominent figure in the modern art world, draws inspiration from a number of sources including the photography of Robert Frank (b. 1924) and Henri Cartier-Bresson (1908-2004) as well as the musical compositions of Johann Bach.

A native of the Mississippi delta region, Eggleston’s photographs often depict the inhabitants as well as the physical landscape of the area. Drawn to seemingly ordinary subject matters, Eggleston is able to evoke a sense of complexity and raw beauty from the mundane. Often featuring roadside snapshots, backyard barbeques, parking lots, and diners, Eggleston’s photographs act as a lush interpretation of the American vernacular.

At War with the Obvious commemorates the Met’s acquisition of 36 dye-transfer prints by Eggleston, which took place in the fall of 2012. The addition fleshed out the museum’s Eggleston collection and included his first portfolio of color photographs from 1974, 15 prints from his seminal book, William Eggleston’s Guide (1976), and seven other important works from a career that has spanned over 50 years.

At War with the Obvious features a number of Eggleston’s most recognizable images including Untitled (Peaches!) (1970), Untitled (Greenwood, Mississippi) (1980), and Untitled (Memphis) (1970). The exhibition will be on view through July 28, 2013.

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Tuesday, 11 December 2012 12:34

As Expected, Art Basel Miami Did Not Disappoint

After all of the galas, events, and parties that took place at Art Basel week in Miami died down on Sunday, December 9, it was clear that the show enjoyed another stellar year. In fact, many critics, exhibitors, and visitors deemed 2012 the best Art Basel presentation to date. Steady sales and a constant stream of visitors that totaled 70,000 were reported over the course of the five-day fair. Among the show’s patrons were over 130 museum and institution groups as well as powerful private collectors from across the globe. Exhibitor Adam Sheffer of Cheim & Read Gallery in New York said, “We were delighted again this year by the results of Art Basel Miami Beach. It remains the gold standard of the international art fair circuit.”

PULSE Miami, another contemporary fair that takes place during Miami’s art week, also reported stable sales and high attendance. In fact, the number of visitors to Ice Palace Studios where the show is held was up by 20% from last year. Cornell DeWitt, Director of PULSE Contemporary Art Fairs said, “We are thrilled by the increased number in attendance this year…Collectors at all levels purchased work ranging in price from mid-level well into six figures.” Works by major contemporary artists such as Chuck Close and Robert Longo, and William Eggleston were among the top sales.

With all of the attention and success that Art Basel week has garnered, collectors, exhibitors, and art enthusiasts are surely not wasting any time in making plans for next year’s trip to Miami.

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Monday, 13 August 2012 18:05

Collecting Art Considered the New Gold

As the world economy began to tank about five years ago, a curious thing happened at the top level of the international art market: It started to boom. At the annual spring art auctions at Sotheby's and Christie's in New York and their branches around the globe, deep-pocketed bidders snapped up Braques and Bacons, Klimts and Kandinskys, often at record prices.

Now with the global recession officially over but the American and European economies still shaky, auction records for blue-chip modern and contemporary art continue to be shattered. Just a few months ago, a pastel version of Edvard Munch’s "The Scream" (1895) fetched an astounding $119.9 million at Sotheby’s, by far the highest price ever paid at auction for a work of art, surpassing the winning bid of $106.5 million for Picasso's "Nude, Green Leaves and Bust" (1932) at Christie’s two years earlier. A week after the gavel fell on the Munch, Mark Rothko's "Orange, Red, Yellow" (1961) went for nearly $87 million, the artist’s personal best at auction.

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