a dying breed
“newly made period pieces that are already, as you read this, beginning to fail the test of time” a brilliant, searing zinger by roberta smith on piotr ulanski in yesterdays ny times, criticism the old fashion way: critical.
first tier works
arguments aside about the marriage of art & economics, i read about a collector who only believes in the market viability of “first tier works”; but, oftentimes the greatest values lie in drawings and lesser paintings of well-known artists. the best works have what could be non-remunerative premiums built in at today’s levels (i.e. $150m pieces).
$1b baby.
An indisputable source reveals a painting recently sold for $250m, a Cezanne; not far from my prediction of a one billion dollar work of art.
VIP (View in Principle) Art Fair
The internet based VIP (View-In-Private) art fair was launched with great fanfare today; supposedly, the new format is said to forever redefine the notion of how we encounter and collect art. After registering, the only encounter i had was with 15 error messages without managing to see a single work of art. Viva la revolution!