The Yusaku Maezawa Bandwagon
Here we go … everyone is going to jump on the Yusaku Maezawa bandwagon. Please tell me why the actions of one young and very wealthy Japanese collector could portend a resurgence of Japan’s interest in contemporary art? This is one … More…
Why Spend $110 Million on a Basquiat? Inquiring Minds Want to Know.
Here is an interview with Japanese billionaire Yusaku Maezawa, the buyer of the $110M Basquiat painting, who watched the sale on his laptop and bid by telephone from his apartment in Japan. What I glean from this article by Motoko Rich and … More…
How To Make Your Own Damien Hirst, Courtesy of: Royal Academy of Arts
I found this very amusing and educational. The Royal Academy of Arts has produced step-by-step instructions (and a video) on how to create: multiple masterpiece spin art paintings (at some point we really need to examine how people are using the term ‘masterpiece’). … More…
The Tax Implications From The Basquiat Sale
I am sure this is a problem most of us would love to be facing … a profit of $85 million and the taxes we will have to pay. There is a big assumption here: an 2009 estate valuation of $13.5M … More…
Available: Louis Aston Knight’s “A Cottage in the Meadow”
Source: A Cottage in the Meadow – sometimes a painting hits all the right buttons and here is one of them, a beautiful French landscape by Louis Aston Knight (1873-1948). Louis was the son of the American expatriate artist … More…
Dealer Perry Rubenstein cuts plea bargain
We reported on this case last year and now it seems that disgraced art dealer Perry Rubenstein has taken responsibility for his dishonest acts. While this wasn’t a violent crime, I am still wondering if 180 days in a … More…
Antique clock worth $425K stolen from Chicago Show
Word spread quickly across the exhibition floor that someone, or some persons, made off with an antique clock from one of the exhibitors at the show we attended this past weekend. The item, valued at $425,000, was in a display case in … More…
The Young & The Worth….
We are big supporters of young artists and have put our money where our mouth is; however, these graduating artists are a pretty risky ‘investment’ (if you must use that word). While a few might make it big, I would bet that … More…