Taipei Dandai Announces Participating Galleries; Phillips New Now = $6.4m; What an Art Fair Costs
|Sep 27, 2018||Public post|| 2|
Phillips New Now Makes $6.4m Led by Kaws
Four of the top ten lots at Phillips New Now sale that made $6.4m were by Kaws whose lots totaled more than $1m, a significant portion of the sale. Kaws himself remarked on Instagram that one of the works sold was effectively stolen:
One day I switched most of the bus shelter ad’s on Houston St. to French ad’s I stole and painted over in Paris the week before. It’s up for auction today. The auction provenance says “acquired directly from the artist” I’m not sure if stealing something off the street is considered getting it directly from the artist
There were also strong, if minor, prices for some former art world darlings we haven’t heard from recently like Lisa Yuskavage, Enoc Perez, Barnaby Furnas, Frederick Hammersley, and Jean-Baptiste Bernadet.
A work by Beaufort Delaney made five times the high estimate when it sold for $150k. Yayoi Kusama’s Butterfly sold for $375k which was 50% above the high estimate. A Glenn Ligon painting doubled the high estimate to sell for $82,500.
Where to Get the Best Art Fair Bang for Your Buck
The art press’s fascination with the cost of art fair booths continues with a broad survey by The Art Newspaper of the ballpark cost of getting space on the fair floor. TAN admits these numbers should only be “taken as a guide” but also chastises a number of fairs for not providing figures.
Taipei Dandai Announces Participating Galleries
Magnus Renfrew’s Taipei Dandai art fair scheduled for January 2019 has announced 90 participating galleries which were drawn from 160 applicants. Those galleries include David Zwirner, Gagosian, White Cube, Lisson Gallery, and Sean Kelly Gallery. The fair adds that Sean Kelly is also planning to open an outpost in Taiwan soon:
The Galleries sector will present 73 participants from 42 cities including: Chengdu, Hong Kong, Singapore, Busan, Fukuoka, Kuala Lumpur, Makati, as well as Beijing, Osaka, Seoul, and Shanghai to name a few in Asia, as well as New York, London, Zurich, Milan, Paris and Berlin.
The Young Galleries sector will highlight four promising galleries that have been in operation for less than eight years (founded on or after 1st January 2011). These include: A+Contemporary and Gallery Vacancy from Shanghai, Jakarta’s ROH Projects, and Yutaka Kikutake Gallery based in Tokyo.
The Solos sector will place a spotlight on individual presentations by emerging and established artists, as well as history-making 20th-century masters. 13 solo presentations will include works by: Chihoi, Yuko Murata, Chuang Che, Noel McKenna, Kaneko Tomiyuki, Ho Kan, Shyu Ruy-Shiann, Chu The-Chun, Tan Ping, Mao Xuhui, Jie-Chang Yang, Minoru Onoda, (works from his estate that have never been exhibited outside Japan), and Carlos Cruz-Diez.
Takashi Murakami Has Been Working Really Hard
After a year and a half of relentless shows at galleries and museums, Takashi Murakami is opening in Hong Kong at Gagosian. Fionnuala McHugh sat down with the artist whose merchandising has taken his whole career to develop an audience. The demands of that and the distant-but-approaching footsteps of age are driving him at a break-neck pace:
“At 56, Murakami sits at the midway point between ComplexCon’s demographic and his mentor, Professor Nobuo Tsuji, 86, who has educated him in Japan’s artistic history. In the same way, the Gagosian show of new works seems to reference both shiny youth and thoughts of the inevitable future: Doraemon facing off The Lion of the Kingdom that Transcends Death, for example.”
“When I first started making merchandise, one of the things I was imagining was this kind of audience – very materialistic,” he says with approval. “That was 20 years ago. So I was creating the works and that kind of audience didn’t exist yet. And now they are the real audience!” They are, also, mostly male and young.
Cecile Verdier Is Taking Garden Leave
The Art Newspaper reports that François de Ricqles, who led the epochal Yves St. Laurent-Pierre Bergé sale in 2009, is stepping down as the head of Christie’s France to become an art advisor. He will be replaced by Cecile Verdier who will take leave from Sotheby’s to assume the role.
Alphonso Ossorio’s Work Pops in Paris Sale
An unreserved lot by Alphonso Ossorio, Shoulder to Shoulder, was offered at Sotheby’s Paris Alias Daniel Cordier sale that made €4.1m with an estimate of €10k. It made a sit-up-and-notice €285k along with five other lots that all well exceeded estimates. Two others broke into the six figures.
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