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Dear Friends and Clients,
Art Basel is over and the London summer art auctions have begun. Despite Europe's recession-related debts, high quality paintings by Manet and Picasso commanded huge prices at London Sotheby's and Christie's Impressionist and Modern Art auctions. Attention will be on the Postwar and Contemporary sales this week, which include some notable lots.
The record breaking Picasso sale at $106.5 million in New York last month was a well-timed boost for the annual Art Basel fair this month. Art sales were brisk for blue-chip art and strong across the board, although buyers are being more selective than in the boom years. Read more on Basel and its satellite fairs: Volta, Art Statements.
At Blue Tangerine Art, we continue to work with a wide range of emerging, mid-career and established artists from around the world. Please see some of our recent client projects.
Lastly, we note the passing of celebrated French-born American sculptor Louise Bourgeois who died late May at 98. Bourgeois is recognized today as the founder of confessional art, and best known for her contributions to feminist art. Her legacy and influence upon young artists, particularly women, will live on.
May your summer be art-filled!
Warm wishes,
Trudy Montgomery
"I've been to Hell and back and let me tell you it was wonderful." - Louise Bourgeois
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Christie's
Sells Picasso for $51.2 Million
WSJ, June 23, 2010
By Kelly Crow
Andrew Lloyd Webber's
charity sold a haunting Pablo Picasso portrait for
GPB 34.7 million ($51.2 million) at Christie's in London on Wednesday,
four years after heirs of the artwork's first owner claimed the painting
had been sold under pressure by the Nazis.
The Andrew
Lloyd Webber Foundation was given permission to offer up the
1903 work, "Portrait d'Angel Fernandez de Soto," after settling
privately with the heirs of German banker Paul von Mendelssohn-Bartholdy
a few months ago. Mr. Webber paid Christie's $29.1 million for the
Blue-Period portrait of the artist's friend in 1995. This time around,
the auction house priced it to sell for at least £30 million, or $44
million. Read on... |
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The Buzz in Basel: Art, Alive and Well and Selling Briskly
NY Times, June 17, 2010
By Carol Vogel
BASEL, Switzerland - Minutes after a limestone head by Modigliani sold for $52.6 million at a Christie's
auction in Paris on Monday, word spread to the collectors arriving here
for the annual art fair. And everyone wanted the details.
Who bought the work - a sculpture from 1910-12 - which was just two feet
tall and had been estimated at only $4.8 million to $7.2 million? A
mysterious telephone bidder, was all officials at Christie's would say.
The huge price - in a season of huge auction prices - may not be in the
same league as the record-breaking $106.5 million paid for a Picasso painting in New York last month, but the French sale was a conveniently
timed confidence booster for Art Basel, the
holy grail of contemporary art fairs that opened here on Thursday.
Read the NY Times article...
A 1969 maze made of rolls of cardboard by the Italian artist Michelangelo Pistoletto at the "Unlimited" section of Art Basel.  |
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Louise Bourgeois, Influential Sculptor, Dies at 98
NY Times, May 31, 2010
By Holland Cotter
Louise Bourgeois  | Louise Bourgeois, the French-born American artist who gained fame only late
in a long career, when her psychologically charged abstract sculptures,
drawings and prints had a galvanizing effect on the work of younger
artists, particularly women, died on Monday in Manhattan, where she
lived. She was 98. Read more... |
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Art Diary Dates
Upcoming Art Events
2010 Art Fair Calendar:
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Blue Tangerine Art offers 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, Kim Frohsin, 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 or on (415) 515-6094 or (310) 774-1959.
Happy Collecting!
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Trudy Montgomery with her 'Union' paintings at Melissa Morgan Fine Art in Palm Desert, CA  |
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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