Wednesday, July 21, 2010

Market News

By Colin Gleadell 1101AM GMT twenty-three March 2010

A item from A item from "Soft Tread" by Allen Jones

After only over 3 hours of "SEX", Phillips de Pury & Company"s ultimate themed sale on Friday evening, auctioneer Simon de Pury brought down the gavel on the last lot happy in the believe that the try had completed the aim �1.4 million, and set a new auction jot down with the highest-selling lot. Soft Tread, by British Pop artist Allen Jones, was executed in 1966 and had not been shown in open for 40 years. A close-up of the legs of a lady wearing stockings, suspenders and impossibly high stilettos, the fetishist picture was taken from a shoe announcement in a Frederick"s of Hollywood mail-order catalogue. Estimated at �60,000 to �80,000, it captivated 4 or five bidders as it marched in to 6 total and sole to an unknown customer for �361,250 stand in the prior jot down for Jones.

Art Dubai, the � la mode art satisfactory in the Gulf that sealed last weekend, went but majority of the Western galleries that upheld it in prior years, but was bigger than ever with new galleries from South America and the Middle East receiving part. Reports contend that assemblage was up on last year, and that sales were healthy. One exhibitor, though, is not happy. Kamel Mennour, from Paris, was exhibiting 3 functions by Latifa Echakhch, a Moroccan-born artist who had her initial piece for one person show in the UK at Tate Modern in 2008. The works, that were crumpled maps placed on the floor, were valued at €5,000 each, but had dead when the satisfactory non-stop on Saturday. As internal military were called in to investigate, it was referred to that the fair"s cleaners had in error the art for rubbish. But Mennour doesn"t agree. "Why would cleaners leave the art for 3 days and brush it up on the fourth?" he asks. The brawl rumbles on.

Art marketplace headlines new jot down for a Henry Moore Market News New Yorks half-price art sale Art sales the Scott pick up goes on sale at Sothebys The Mona Lisa Curse

Liverpool pools successor James Moores was carrying a spring-clean at Bonhams last week when a series of large � la mode functions he had acquired by internal exhibitions over the years New Contemporaries or the John Moores Prize were on sale from �600 to �3,000 each. Sad to inform that few, even those by obvious artists such as DJ Simpson, Sue Arrowsmith and Martin McGinn, were sold. Moores should take a tip from Saatchi and present his neglected element to internal museums.

Eccentric West Country artist Robert Lenkiewicz (19412002) is not one whose marketplace (more than 1,000 paintings sole at auction in twenty years; a jot down cost of �170,000) I understand. But it seems that the retrogression and high prices have taken their toll. At a sale of a little 80 functions by Lenkiewicz from the pick up of Australian Sam Adair at Bearnes, Hampton and Littlewood in Exeter on Saturday, one work fetched �95,000, but majority of the higher-estimated paintings were not sold.