Source Business Standard by Kishore Singh
ArtTactic’s market confidence report for Indian modern art gets a thumbs-up, but it’s cautious about the contemporaries
For some time till the economy – and the art market – crashed in late 2008, drawing room conversations tended to centre not so much on art as much as investment in art. Though there was nothing intrinsically wrong if a set of investors wanted to treat it like any other tradable commodity, media attention focused unfortunately only on prospective returns, leading to a sprint in which galleries began to promote younger artists with potential but not yet the ability to command those markets. Which is why when the economy went into a tailspin, not only were careers destroyed, the fragility of the art industry and its alarming lack of resilience also showed up. Now that the economy is back on track, investor confidence in the art market is still nervous but the interest has returned — and this time investors (and collectors) are asking the right questions: What are its long-term prospects? How much should one invest annually, and who can be impartial guides in the process? What about short-term liquidity? How do you enhance the value of your portfolio, getting rid of weak assets to buy into blue-chip artists?
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mercredi 24 novembre 2010
Back on its feet
Arpita Singh’s ‘Wish Dream’ may come true
Source Tehelka by Girija Duggal
For once, SH Raza, FN Souza, Akbar Padamsee and their ilk will have to be content with being confined to the sidelines. It is veteran Arpita Singh who will be the belle du jour at Saffronart’s upcoming Winter Art Auction, when one of her works will go under the hammer carrying a price tag of $1.9-2.3 million (Rs 8-10 crore), making it not only the highest-estimated work by a female Indian artist - living or dead- at an auction, but also the first work by a female artist in the country to be pegged at the magic Rs 10-crore mark.
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Rare Tagore art on auction
Source Daily Bhaskar
New Delhi, Encouraged by the recovery of the art market after a slowdown of 30 months, a leading Bangalore-based auction house has lined up rare art works of Indian modern and contemporary artists like Raja Ravi Varma, Rabindranath Tagore, Nikolai Roerich, M.F. Husain, Jamini Roy and F.N. Souza for an auction here Nov 30.
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dimanche 21 novembre 2010
The vernacular advantage
Source Livemint by Anindita Ghose
With two big shows and renewed interest, tribal art is the youngest star of the contemporary art scene.
There’s been a tribal invasion in the living spaces of art collectors Lekha and her son Anupam Poddar. At their New Delhi residence, two large vertical panels from Purulia in West Bengal take up one wall. The paintings tell the stories of the gods Manasa Devi and Shiva. They belie a linear concept of time as we know it, bringing different events of a narrative together in one space. In the dining area, there are woven fibre chairs from Chhattisgarh (with snakes fashioned as backrests) and six paintings by Gond artist Jangarh Singh Shyam. The earliest of these were bought in 1988, long before Jangarh became the poster boy of the new wave in Indian tribal art.
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mardi 16 novembre 2010
A Chinese Fish Vase, Found in an Attic, Swims to an $85 Million World Record in London
Source Art Info by Kate Delmling
This is, at least in part, a patriotic gesture: He Shuzhong, founder of the nonprofit Beijing Cultural Heritage Foundation, told the New York Times last February that "Chinese people are becoming richer and need to be responsible for our dignity and history." The passion for collecting has spread throughout Chinese society, with a dozen popular television reality shows feeding interest and demand, including one, "Collection World," in which contestants must agree to smash their family treasures to bits if judges decide that they are reproductions.
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dimanche 14 novembre 2010
Bill et Melinda Gates, philanthropes impatients
Source Le Monde par Frédéric Joignot
"Pour moi, quelle est la plus belle image du monde ?" demande Bill Gates au public. Le tableau de Van Gogh Les Tournesols apparaît derrière lui : "Est-ce celle-là ?" L'"homme de Vitruve ", le dessin de Léonard de Vinci, suit : "Ou celle-ci ?" Voici maintenant le logo de Microsoft : "Ou bien celle-là ? " La salle rit, un graphique s'affiche aussitôt : la courbe de la mortalité infantile depuis un siècle. Bill Gates conclut : "Voilà la plus belle des images." La courbe passe de 20 millions en 1960 à 9 millions en 2010.
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vendredi 12 novembre 2010
1,2 milliard de ventes d'art en dix jours à New York
Source Le Monde par harry Bellet
Un tableau de Roy Lichtenstein, Ice Cream Soda, peint en 1962, et vendu chez Sotheby's le 9 novembre, pour 14 millions de dollars, était proposé à 650 dollars en mars 1962 par le marchand Leo Castelli, et que l'acheteur de l'époque, après discussion, l'avait emporté pour 500 dollars. Le Modigliani, lui, avait été vendu 16,8 millions de dollars en 1999 : 51 millions de bénéfice en un peu plus de dix ans.
Les exemples de ce type de plus-value sont nombreux, ce qui n'est pas pour rien dans l'intérêt porté à l'art contemporain. Avec une clientèle qui vient de partout : si les acheteurs nord-américains restent majoritaires, avec environ 45 % des enchères, suivis des Européens à 31 %, la part de l'Asie est en hausse, avec 6 %, et surtout, celle du " reste du monde ", comme le disent les maisons de vente pour ne pas évoquer directement les émirats du Golfe, bondit à 18 %. Alors que les marchés financiers sont perturbés, " les gens veulent mettre leur argent dans quelque chose de tangible ", confiait une acheteuse au New York Times. Des bonbons bleus, par exemple.
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lundi 8 novembre 2010
In form
Source The Hindu by Shailaja Tripathi
One. Art Alive, a gallery in posh Panchsheel Park, is hosting a group show ‘Jangarh Kalam' of Gond tribal arists.
Two. Lekha and Anupam Poddar's Devi Art Foundation will close their art activities for this year with ‘Vernacular, In the Contemporary'.
Three. Gallery Arts of the Earth, a gallery devoted solely to the cause of tribal art has recently become part of the city's culturescape.
Four. W+K Exp gallery hosted ‘Dog Father, Fox Mother, their daughter and other stories' an exhibition of Pardhan Gond sculptures by young artist Sukhnandi Vyam in May 2010.
The list is long and growing by the day, pointing at the renewed interest in the exquisite tribal art traditions of the country. The scholars who have been advocating the genre for years now are only elated that the terms of engagement have also changed with this development.
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Michelle Obama at Crafts Museum
Source Sify News
The National Handicrafts and Handloom Museum, home to more than 20,000 exhibits and a village complex showcasing ethnic and regional crafts and textiles, is all set to host US First Lady Michelle Obama Monday morning. According to Ruchira Ghosh, director of the museum, 'the visit will boost the museum's image'. The museum serves as a confluence of arts, crafts and culture. The highlight of the museum is an ethnic village complex spread across five acres. It has 15 structures - mostly homes and temples from the states of India showcasing ethnic lifestyles. The complex has been designed by architect Charles Correa.
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dimanche 7 novembre 2010
The Sotheby's of India
Source The Daily Beast by Claire Howorth
India, for the next few days basking in President Obama’s presence, is one of the few countries in the world enjoying a robust economy while the bottom drops out everywhere else. Saffronart, a Mumbai-based online auction house, has soared in the good times. Minal Vazirani, who founded the company with her husband, Dinesh, 10 years ago next month, discussed her company’s unusual market, and the growing global appetite for modern and contemporary Indian art.
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Changing motifs
Source The Financial Express by Garima Pant
Having begun dabbling with the Gond tribal art form since the age of 15, Mayank Shyam, son of legendary Jangarh Singh Shyam has come a long way. Preparing for his upcoming exhibition in Paris in January 2011, Mayank is excited about his first show away from Indian soil and at the opportunity to take this native art form to newer heights. Though Gond art is not new internationally, as Jangarh was instrumental in putting this art form on the global map before he committed suicide in 2001, for the legendary artist’s son, it is a mean feat.
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samedi 6 novembre 2010
Jangargh Kalam
Source The Times of India by Neelam Raaj
If Swaminathan put Gond artists in the national spotlight by showcasing them alongside the works of urban contemporary artists at Bhopal's Bharat Bhavan, it was French art critic Herve Perdriolle who took them to the global stage. The Paris-based Perdriolle has organised many exhibitions in Europe with his collection of Indian art. Today, his collection, which started in 1996, includes Bhil, Warli and Gond paintings. Are other collectors following suit? Perdriolle says that the economic crisis in 2008 made collectors more aware of the 'other' art. "They want new attractive works, both for cultural and investment reasons."
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jeudi 4 novembre 2010
Coming of age
Source The Telegraph by Aarti Dua
Tribal art will have a splashy coming out at a show titled Vernacular, In the Contemporary next month. The display, which is being put on by mega-collectors Anupam and Lekha Poddar, will be held at their museum Devi Art Foundation in Gurgaon. Indian tribal artists have also attracted foreign collectors like the Paris-based Hervé Perdriolle, who has amassed a substantial collection of his own. Collectors like Perdriolle too are looking at emerging voices. Perdriolle began by following the footsteps of “historical ethnologists and renowned Indian artists who had been commissioned by the Indian government”. So his collection largely covers masters from the Warli, Gond, Bhil, Madhubani and Patua arts. But he has since added works by emerging artists like patua Monimala and Mithila painter Pushpa Kumari. “The emerging artists are evolving around their proper tradition with a strong and personal point of view,” feels Perdriolle.
Don’t forget that collectors like Anupam also have a huge impact on the market. As Garimella says: “Anything that Anupam Poddar collects, others start collecting in India.” And as Perdriolle says: “The richness of these art forms is so vast that the potential is huge.”
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2010
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novembre
(13)
- Back on its feet
- Arpita Singh’s ‘Wish Dream’ may come true
- Rare Tagore art on auction
- The vernacular advantage
- A Chinese Fish Vase, Found in an Attic, Swims to a...
- Bill et Melinda Gates, philanthropes impatients
- 1,2 milliard de ventes d'art en dix jours à New York
- In form
- Michelle Obama at Crafts Museum
- The Sotheby's of India
- Changing motifs
- Jangargh Kalam
- Coming of age
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novembre
(13)