Visions Art

Investors Turn to Art; Sales Make Record $1.1 Billion

By Scott ReyburnLondon auction houses sold a record 558.8 million pounds ($1.1 billion) of art including fees over two weeks, with buyers coming into the market seeking to make money as other investments stalled.The total, calculated by Bloomberg from auction house results, is the highest for Impressionist and contemporary sales in London, beating the 521.1 […]

High art prices may disguise malaise

MIKE COLLETT-WHITE LONDON — There are enough “recession-proof,” super-rich buyers to push soaring prices for the best works of art still higher, experts predict, but the picture is less rosy at the lower end of the market.And in a world where perception is everything, values for even the world’s most sought-after artists could come back […]

Indian art: unique yet mainstream

By Sharon Mizota A PART YET APART: Sheba Chhachhi’s photographs, including “Jater Ma,” document a little-examined Indian population: women ascetics. The emergence of Indian art is further evidence of the country’s influence. An L.A. exhibition takes a look.IN INDIAN artist Mithu Sen’s 2007 picture “Perhaps You,” a dark-skinned woman smiles coyly beneath a blond, ’60s-style […]

Books can reap money by Riddhi Doshi and Shanaya Lalkaka

International auction houses right from Sotheby’s and Christie’s to Indian auction houses like Osian’s, are scurrying to organise auctions that offer rare books. At the upcoming Osian’s auction many rare Indian works on modern masters such as Raja Ravi Varma, Ravindranath, Amrita Sher-Gil, Ismat Chughtai, George Keyt, MF Husain and FN Souza among others will […]

There’s never been a great woman artist

So says the critic Brian Sewell, and the art market seems to agree, with men’s work commanding millions more at auction. By Andrew Johnson Sunday, 6 July 2008 Laurie LewisBridget Riley, with her painting Cataract Women artists face prejudice and discrimination, with their works selling for a fraction of the price of their male counterparts, […]

Artists do battle to enrich their heirs

ON THE very day that a study by Francis Bacon, who died in 1992, sold for £17.3m ($34.4m) in Christie’s biggest contemporary-art sale, a group of British artists fired the opening salvo in what could prove a drawn-out battle. Should their heirs be entitled to royalties on such sales? Led by Damien Hirst, Britain’s most […]

Stocks-hit investors cosy up to art

Stocks-hit investors cosy up to art4 Jul, 2008, 0146 hrs IST,Shailesh Menon, ET Bureau MUMBAI: Investors may not be willing to touch equities with a barge pole, but they still appear to be open to art as an alternative asset class. Contrary to popular belief, the ongoing bearish phase in the stock market has not […]

Wounded` at the awards

Kishore Singh / New Delhi July 04, 2008, 0:55 IST At a time when the art market is booming, India has lost out chance to send enough invited works for the Asia Pacific Breweries Foundation Signature Art Prize supported by the Singapore Art Museum. Only one work instead of three will represent India at this […]

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