Must See
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Dear Friends and Clients,
The focus this month was New York's Armory Arts Week where Blue Tangerine Art witnessed renewed momentum in the art market. Collectors have re-entered the market, with a revival of interest in stand-out works at the Armory and blue-chip art at ADAA. We also visited galleries in the Lower East Side and enjoyed the 2010 Whitney Biennial where Pae White, Leslie Vance, Stephanie Sinclair and Thomas Hauseago were highlights.
The emerging optimism falls on the heels of the recent strong auction results, which included the record-breaking $104.3m Giacometti sale at Sotheby's London in February. At Christie's this month, a record price tag of $45-60m has been placed on a Picasso painting from his celebrated 'Blue Period'.
At Blue Tangerine Art, we are excited to welcome Kate Duggan, who has joined as an Assistant Art Advisor in Los Angeles. We have also expanded our website to highlight client case studies which showcase a selection of art installations for private and corporate collections, as
well as advisory work for hospitality clients.
After a period of retrenchment, the current flurry of art market activity seems to signal an imminent return of the overall market.
Let the collecting begin!
Trudy Montgomery
"The painting has a life of its own." - Jackson Pollock
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Four Reasons Optimism Was Seen at
New York's Armory Week Fair
Luxist by Tom Johansmeyer
March 6,
2010
Image courtesy of The Armory Show  | For the past week, the art community has focused on New York City's annual
Armory event, in which artists put their best pieces forward, dealers
and galleries are on the prowl and collectors look for new finds that
will someday redefine their portfolios.
Momentum from the contemporary
art auctions at Christie's and Sotheby's was
certainly present, as all in attendance seemed focused on opportunity
rather than window-shopping. The efforts at the Armory were consistent
with a marketplace that's active, not the crushing fear that
characterized the art market through the second half of 2008 and most of
2009.
1. Koons went bare
What was expected to be the controversial event of Armory Week turned out to be subdued, though well attended. Jeff Koons offered a
tribute to open sexuality with an exhibition that opened last Tuesday. Read the article...
Watch a short video reviewing the 2010 Armory Show.
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Client Case Studies added to our website
New on BlueTangerineArt.com
St. Regis Residence, San Francisco, CA
Interiors: Kendall Wilkinson Design  | Blue Tangerine Art's website now showcases a selection of our clients' art collections, which include Abstract Expressionist and Asian Contemporary art.
The case studies highlight art recently installed at private and corporate collections in San
Francisco, New York and Florida as well as advisory work completed for a luxury beach resort in Morocco. Click here to view the installations.
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Blue Tangerine Art Expands in LA
Kate Duggan joins as Assistant Art Advisor
 We are delighted to welcome Kate Duggan to Blue Tangerine Art in Los Angeles. Kate joins us from Singapore where she was most recently studying Art Business with Sotheby's Institute of Art.
Kate will support our existing clients and collaborate with interior designers and their clients, helping them source contemporary art from around the world. You can reach her at Kate@BlueTangerineArt.com.
Image: Kate Duggan admires a Lee Mullican at the New York Armory Show (Courtesy: Mark Selwyn Fine Art).
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Lloyd Webber to Sell $60.9 Million Picasso Portrait for Charity
A Pablo Picasso painting of an
absinthe drinker owned by composer Andrew Loyd Webber's charity
foundation may fetch as much as £40 million ($60.9
million) at a London auction in June.
The "Blue Period" canvas is the most highly estimated
work of art to be offered at auction in Europe, Christie's International said today in an e-mail to Bloomberg News. Read more...
Image: Courtesy of Bloomberg News, "Portrait of Angel Fernandez de Soto (The
Absinthe Drinker)", 1903.
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Art Diary Dates
Upcoming Art Events
2010 Art Fair Calendar:
- AIPAD, New York City, NY: March 18-21
- Art Dubai, Dubai, United Arab Emirates: Mar 17-20
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Blue Tangerine Art provides art advisory services to private and corporate collectors. We source contemporary art from a wide range of sources, including direct from artists and galleries, from the US and Europe.
We offer paintings, drawings and limited editions by artists including: Chris Crossen, Patter Hellstrom, Angela Findlay, Rachel Holloway, Birgitte Lund, Kathy Montgomery, Trudy Montgomery, Bella Pieroni, Anne Stahl, Nicola Wood, Suzan Woodruff and Eric Zener among others.
And photography-based work by: Sparky Campanella, Sebastien Davila, Bjornulf Dyrud, Allison Hunter, Cressandra Thibodeaux, Sieglinde Van Damme as well as many others not listed on our website.
We look forward to helping you find just what you're
looking for to complement and expand your art
collection. Please contact us with your request via email at Art@BlueTangerineArt.com or on (310) 699-6826 or
(310) 774-1959.
Happy Collecting!
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Trudy admires a new Mark Grotjahn painting at Blum & Poe last week.
Trudy Montgomery
Art Advisor and Principal, Blue Tangerine Art
web: http://www.BlueTangerineArt.com
email: trudy@bluetangerineart.com
twitter: @trudymontgomery
tel: (415) 515-6094 or (310) 699-6826
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