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Going once: A packed Christies sale room looks on as telephone bidders vie for the most important (and the largest) of Monet's Waterlilies, sold at Christie's, London for an astonishing £40.1 million on June 24, 2008, setting a record price for the artist and a record for any Impressionist painting.
DAY 10 Today is Tuesday, June 14,th Thursday, January 12th, and we are examining the role of the auctions in the art market. In 2012, Christie's will be 250 years old.
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http://www.dailymail.co.uk/news/article-1029279/Show-Monet--Impressionists-water-lilies-record-40m.html#ixzz1OhUihNNS
Individual Contributions
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Vincent Anthony Falkiewicz |
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Kimberly Ann Phoenix At the latest Christie's Post-War and Contemporary Art Evening Sale 61 lots sold for a total of $301,663,000. Among the lots were 43 painting, 13 sculptures, 3 photographs and 2 drawings & watercolors representing Andy Warhol, Jean-Michel Basquiat, Jeff Koons, and Sam Francis to name only a few. After scanning the list, Sam Francis's reef a predominantly blue painting jumped out of the list. Like the suggestion in the reading the litmus test is alive and well, bright colors attacked interest. (Thornton 24) Each of the lots is accompanied by an audio description along with a written narrative as well. Other information provided is lot description which gives the artist name, name of the painting, medium used, size, and when the painting was done. The list of who has owned the work of art is also displayed. This particular painting was first owned by the Martha Jackson Gallery in New York. This gallery was started in 1952 and closed in 1969, 1969 was the first time this painting changed hands. The Martha Jackson Gallery was run by Jackson who was credited with being a shrewd business woman and committed to her artist; working to promote and educate people about the art and artist. Reef was then purchased by Mr. and Mrs. Robert Miller form there it was acquired by Galerie Beyeler. At some point the painting was acquired by a private collector from Japan, the interesting thing is that Reef was purchased again by the Galerie Beyeler. This is similar to David Nahmad buying back something the family owner before (Thorton 22), there is no way for find out why the gallery did this but it could have been to protect the value of their other holdings. In the end this painting sold for 3,666,500 including buyer premium. Image Removed http://www.christies.com/LotFinder/lot_details.aspx?from=salesummary&intObjectID=5437827&sid=078a642e-111c-4b8f-9356-e34fb2106de7 http://www.ubartgalleries.org/?gallery=anderson&select=page&page=martha_jackson_archives |
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Christina Chaplin Include Page |
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Dalanda Jalloh Include Page |
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Daniel Chazen Include Page |
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Elena Cestero Include Page |
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H. Hunt Bradley, III Include Page |
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June Shin Include Page |
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Kelly Zona Include Page |
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Khrystyne Wilson Include Page |
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Kwame Nana-Atoo Include Page |
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Lipei Yu Include Page |
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McKenzie Sullivan Include Page |
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Nicholas Krislov Include Page |
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Tadd Phillips Include Page |
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Consider & comment:
Please use this space to respond to your classmates' work and to engage in lively discussions on the day's topic. Keep your comments concise and conversational by responding to others, rebutting or supporting their ideas. Use the comment box below for these observationsConsider & comment:
What did you think of today's readings and wiki features? What issues if any did they raise for you? How did the audio visual material provided support your understanding of this topic? Comment on your classmates' posts. Leave your comments in the box below.