Posts Tagged ‘Contemporary art prints’

Buying Blake

January 18, 2008

Immediately after the death/sucide of Jeremy Blake was announced there was a spike in readers brought to the blog by search terms such as “buy jeremy blake”, “buy blake prints”, “jeremy blake prices” etc.

At cocktail parties I’ve heard from amateur specullectors that an artists’ death is the easiest way for their art collections to appreciate. While basic Keynesian theory supports that, it’s not always the case. Thus, the following information may be disappointing to some, but I promise it is true and common practice:

Jeremy Blake, whose suicide last summer was all but incomprehensible to the career-obsessed art world, has had his beautifully mounted retrospective homage at Kinz, Tillou and Feigen Gallery [his dealers] … Fans may be slightly daunted however by the fact Blake did not often sign his digital prints, they have no edition number and, choicest of all, there are no actual, vulgar prices given for any works. Instead you have to leave your name and contacts and wait to see if you are deemed suitable. It’s an elegant system that keeps collectors on tenterhooks.

Don’t Call Us, We’ll Call You by Adrian Dannatt – The Art Newspaper, Jan 08, p. 36

Luckily there is still a way to enjoy Blake’s work where right of entry does not rely on pedigree or contacts. Check out Wild Choir: Cinematic Portraits by Jeremy Blake at the Corcoran Gallery of Art through March 2nd.

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Jeremy Blake, Working still from Glitterbest, 2006, digital video and sound (Courtesy Kinz, Tillou + Feigen, New York)

Collecting works on paper

September 4, 2007

Collecting works on paper is a great entry into collecting fine art, especially in the past decade. Collecting works on paper has become very desirable because pieces by emerging artists can be acquired at low price points and there is a lot of innovative work being done in the medium. Collectors are attracted to the uniqueness of works on paper, as opposed to prints, and to the experimental nature, exploration and story-telling through the intimacy of paper.

Works of art on paper include drawings (in any media), collages and other paper-based methods, but not prints (prints are made by drawing a stone or metal surface, not on paper or canvas, from which an image is printed a number of times).

Works on paper are delicate and can be easily damaged, so proper care is a must. When unframed, works on paper must be handled using cotton gloves to protect the paper’s ph-balance from the natural oils in your skin. Poor framing and exposure to strong light are also issues. The paper should be framed using acid-free materials because the acid from regular paper or cardboard will eat into the paper and stain it. You can choose between museum-quality, UV retardant glass or Plexiglas to reduce fading. Cleaning agents should never be used on the glass or Plexiglas because it removes the UV protection and the paper should never be in direct contact with glass; use a spacer. Once framed, a work on paper should not be hung in very humid areas which will cause fungus to grow, this is known as foxing (small brown spots). Also environments that are too dry or cold will cause the paper to become brittle and crack and dust and pollution are also variables that can damage all works of art. In regards to lighting, if at all possible one should avoid halogen and florescent lights and use tungsten light instead. Works on paper should never be rolled in tubes for mailing or rolled for extended periods of storage. They should be stored flat, between acid-free tissue paper or glassine.

If properly taken care of, works on paper should retain their value and can potentially increase the integrity and synchronicity of a collection overall.

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Chuck Close, Self Portrait – colored and pressed paper pulp.

Authenticating Andy

July 23, 2007

Another great article relating to Warhol Estate Rigging the Market?

Update on feelings toward the Smithsonian Institute

July 20, 2007

A while back I wrote a snarky post about the Young Benefactor’s Society of the Smithsonian asking me for a donation.

Well, I was once a young intern looking for a break and a sweet girl (who was a helluva of a follow-upper) got me to donate a framed Dalek (James Marshall) print.

Please go bid! for the good of the Smithsonian!

Warhol Estate Rigging the Market?

July 17, 2007

This has been going on for a while, but unless you live in the UK you may not have known…

So basically, the estate of Andy Warhol has been accused of manipulating the market for decades. Joe Simon-Whelan, owner of a 24 x 20 in. silk-screen Self-portrait, has filed a $20 million lawsuit the Foundation and the Authentication board which partnered up in 1995.

His work was authenticated several times by the Warhol estate before the partnership began and now that he has an opportunity to sell the work (for $2 million) they have twice rejected the work in 2001 and 2003. Perhaps, and according to Simon-Whelan, their dismissals are helping to create scarcity in the market?

He also alleges that the Andy Warhol Foundation has sold $150 million worth of Warhol’s work at artificially inflated prices and that the foundation is trying to dominate the Warhol market with “enforcers”, “secret meetings” and “doctored files”.

FYI – this guy is not the first collector or dealer to allege misconduct by the secretive, four-person board which meets three times a year to authenticate Warhol’s work.

The worst part about this – the “denied” stamp they put on the piece has bled through the back of the canvas and is now visible from the front.

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Joe Simon-Whelan bought this Warhol self-portrait for $195,000 in 1989

Editions 250 and under, please

July 1, 2007

Damien Hirst, procurer of the quote “Art is the most fabulous currency” has been kind enough to make For the Love of God available for all of us to own! The platinum sculpture is of a skull and is the most expensive piece of art available. With its 8,601 flawless diamonds and a price tag of £50 million ($100 million), White Cube (London) and Hirst have created the peak of the alpha market.

dhmidvarnish.jpgdhlargedustflat.jpgFor the Love of God, 2007
Platinum, diamonds and human teeth
6 3/4 x 5 x 7 1/2 in. (17.1 x 12.7 x 19.1 cm)

So far, George Michael and his partner have been the only collectors to express interest in the work (still unsold as of friday); but Hirst, who was once the protégé of the marketing genius and art market master Charles Saatchi, has made skulls for all collecting levels. Multiples are being offered first for the beta market buyers, in an edition of 20 with a price tag of £25,000. The 8 inch replica is in plastic with “spin art“. For the delta market, in an edition of 250, you can choose between 3 different diamond dust silkscreen prints, 40 x 30 in and £10,000 each. And for those of you in the gamma market, in an edition of 2,000 - a 13 x 10 screenprint for £900 (or $2000).

You can even buy some t-shirts for £30 each – if only Hirst could remerchandise the Phillips Collection gift shop…

All in all, anyone who buys anything in an edition of 2,000 is insane – that is not fine art, it is memorabilia – it will not gain value, it will not even retain its value. So before you spend $2000 please remember that 1,999 others also will own a copy of your cherished 10 x 13 inch diamond skull picture

Hirst could even decide to produce artist proofs in the future – for the love of god…


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