“The collection includes works by artists including Moscow Conceptualist Ilya Kabakov and Viktor and Sots Artists Boris Orlov and Leonid Sokov.” The institution will unveil the artworks on the occasion of “Kollektsia!”, running from September 14 through March 27, 2017. More on The Art Newspaper.
After Christie’s debut in India back in 2013 — followed by Saffronart in 2015 — New Delhi’s gallery DAG Modern is also taking the auction route. Proposing an auction model without “buyer’s premium”, the auction house claims it will offer artworks at 30% less than its competitors. DAG Modern has announced that the art to be auctioned will come from its sourced acquisitions, as well as from its collection of 20th-century art. 68.6% of the lots were sold during their first auction on August 21, led by the sale of an artwork by M. F. Husain, which fetched $140,000. Read more on Financial Express.
According to a report published by artnet in collaboration with the China Association of Auctioneers (CAA) has unveiled divergent trends within the Chinese art market. Whilst auction sales in China have fallen by 19% — or $4.4 billion — compared to the 2011 peak of $9.3 billion, the global demand for Chinese art continues to grow: the overseas market for Chinese art has in fact reached a high of $2.6 billion. North America saw a 70 percent increase in the supply of Chinese art in 2015, thus becoming the first overseas market for Chinese art. On a negative note, nonpayment rates in China remain relatively high at 41%. More information via artnet News.
Expo Chicago — taking place between September 22 and 25 — has revealed the details of this year’s programming. The three special project sectors — In/Situ, In/Situ Outside, and Expo Projects — will feature large-scale installations, both at the fair and elsewhere in Chicago. The In/Situ section will be curated by Diana Nawi, associate curator at the Pérez Art Museum of Miami. More information is available via Art News.
The court case surrounding an alleged “Peter Doig” painting has at last been settled. Robert Fletcher — a former Canadian corrections officer — claimed he and Doig met in Canada in 1976, when Fletcher allegedly bought a painting — signed “Peter Doige” and not “Doig” — by the artist for $100. The latter claims he has never met Fletcher, and denies authorship of the painting. After having surprisingly accepted to examine Fletcher’s appeal in 2013, a Chicago Federal court has ruled that the painting is not the work of Peter Doig. Read more on The Guardian.
No results found
August 26 | The Centre Pompidou receives major donation of contemporary Russian
Vladimir Potanine — Russia’s richest man, with an estimated fortune of $15 billion — has gifted the Centre Pompidou (Paris) with more than 250 works of Contemporary Russian and Soviet art.
