FairsInstitutions 30-06-2017

June 30 | Details revealed for 21st edition of Paris Photo

In its 21st edition, Paris Photo remains the biggest international event dedicated to photography, with its 2017 edition welcoming a 20% of new galleries and reinventing itself with new sections and projects. In other news, TEFAF’s art market report is now available online, whilst contemporary art sales in London deliver impressive results.


2017 Paris Photo announces 149 galleries and 31 publishers

The leading international photography fair, Paris Photo, will be held from November 9 to 12 at its traditional location, the Grand Palais, Paris.

For its 21st edition, Paris Photo will host 149 galleries and 31 publishers from 31 countries,, with 31 new galleries and five specialist photography publishers exhibiting for the first time. Artists featured in solo shows include Vanessa Beecroft, Ilse Bing, Paul Graham, Rinko Kawauchi, Dana Lixenberg, Edgar Martins, Boris Mikhailov, Shigeru Onishi, Sigmar Polke, Lise Sarfati, Ed van der Elsken, and Masao Yamamoto, among others. Among returning galleries and newcomers are Silk Road, one of the most prominent galleries for contemporary photography in Iran, and Mitterrand from Paris, Carlier Gebauer from Berlin, KOW from Berlin and Steven Kasher Gallery from New York.

Paris Photo will also launch a new FILM/VIDEO section, exploring new perspectives in image-based art, in association MK2 cinema, whilst continuing its PRISMES section, bringing together 14 projects by leading galleries in the Salon d’Honneur. As guest of Honor, Karl Lagerfeld has been invited to bring together a selection of his personal favourites in “Paris Photo by Karl Lagerfeld”, to be published in a special edition book. The full exhibitor list is available on Paris Photo’s website.

 

Masao Yamamoto, The Red List | Lise Sarfati, From series The New Life

 

 

Findings of TEFAF Art Market Report: Online Focus revealed

In a new survey of nearly 700 art dealers, TEFAF’s Art Market Report found that a majority maintain profitable e-commerce businesses, though a fifth (20%) say they still have no plans to go online. However, the methodology of this kind of report has been widely criticized, notably by collector Alain Servais.

Can one really draw useful conclusions from such mashed up samples&definitions? https://t.co/m05mP6kHy8 via @artsy @TEFAF

— alain servais (@aservais1) 29 June 2017

Released yesterday, June 29, the findings highlight the tension between the promise of a larger international market base and the relationship-driven sales approach, which has dominated the art market for centuries. TEFAF report also found that 20% of dealers surveyed do not have an online sales presence, and currently have no intention of developing one. 64% of dealers revealed they sell art and antiques online, with auction houses being the first to make the move into the online realm. Approximately 8% of art auction sales took place online, whereas only 4% of art dealers’ $26 billion sales were acquired via e-commerce. Further details at Artsy.

 

Good results for Bonhams and Phillips in London

Bonhams has registered one of its most successful contemporary art sales in London yesterday. With a great number of guaranteed lots — including six out of the ten top ones — the auction house has fetched an overall £7,1 million, well above the pre-sale estimate of £4,7 million. Among the most impressive results are: the sale of Mark Bradford’s Dream Deferral (2009) which went for £1,5 million to Mnuchin Gallery (The piece had sold at Christie’s in 2015 for £902,500); as well as the £461,000 fetched by a 1988 work by Rudolf Stingel, which has sold at Sotheby’s in 2013 for £242,500. Only two out of the 39 lots went unsold.

Over at Phillips, the £24,4 million fetched by the auction house represents its best result for a June sale of contemporary art in London. As at Bonhams, only two out of the 31 lots did not find a buyer. A new record was set for artist Wolfgang Tillmans with the sale of a work from the series Freischwimmer which sold for £605,000. (Double its pre-sale estimate) The seller had originally acquired the work for £39,680 in 2012. Fascia III, a bronze sculpture by British artist Rebecca Warren, sold for £329,000, largely surpassing its pre-sale estimate. More on artnet.

 

Mark Bradford, Dream Deferral (2009) 

 

 

 
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