Visions Art

Financial crisis looms over London art extravaganza

By Mike Collett-WhiteREUTERS October 15, 2008 LONDON – The art world descends on London this week for a packed calendar of fairs and sales, and the talk over cocktails and canapes will center on whether financial turmoil is about to end the art market’s gravity-defying boom. Values for contemporary art have set new records over […]

KIAF 2008 – Interview with Mr Jong Hyo Cheong

Safia Dickersbach and Jong Hyo Cheong This is an artfacts.net interview with Mr Jong Hyo Cheong, the director of the Galleries Association of Korea which organizes the KIAF art fair in Seoul. AfN: Hello Mr. Cheong. How are you doing? Mr. Cheong: Fine, but tired. AfN: So Mr. Cheong, please introduce yourself a little bit […]

State of the art

Georgina Maddox An unsold Subodh reflects the effects of a crashing Sensex The market meltdown has not just affected the Sensex at the stock market. The buying of art has become more selective and speculative. Case in point: Subodh Gupta, the hot-new artist on the block whose paintings were being sold at Rs 7 crore, […]

Financial firms cash in on art boom

Madhumita Mookerji Offer advisory services and portfolio management for art investorsKOLKATA: The canvas is significant though not particularly large at present. But, especially at a time when stock prices across the world are falling sharply, many strongly feel art is not just for art’s sake but a sound alternate investment option.Several players — Edelweiss Securities, […]

Groundbreaking art book, a work of art itself

This year marks the centenary of the publication of Ananda Coomaraswamy’s scholarly and exquisite Medieval Sinhalese Art By Ismeth Raheem In December 1908, Ananda Kentish Coomaraswamy penned the following words in the introduction to his book, “Medieval Sinhalese Art”: “It is of interest to record, in connection with the arts and crafts aspects of the […]

Art Beijing 2008 opens

By Celine Chen China.org.cn In a very dark room, an overhead projector presents a birds-eye view of twelve cardboard boxes piled together like eggs in a nest, accompanied by the sound of children giggling, crying, and talking. A hand suddenly reaches out from one of the boxes and then the cover of another one opens. […]

Saffronart’s Autumn Online Auction breaks new ground

CJ: Rupali Ghadge SAFFRONART CLOSED its exciting Autumn Online Auction of Contemporary Indian Art, registering a total sale value of approximately Rs 29 crores (US $7.2 million), about 72 per cent in excess of the low estimate. Hosted on Saffronart’s new technology platform which serves up an innovative and secure user interface, this sale featured […]

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