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Dear Friends,
Los Angeles is abuzz with art happenings as Pacific Standard Time: Art in LA 1945-1980 gets under way at the end of this month. Initiated through grants from the Getty Foundation, "PST" is an unprecedented six-month series of 120+ exhibitions at over 60 cultural institutions across Southern California. Also scheduled for the opening weekend of Sep 30-Oct 3 are three new art fairs. Art Platform-Los Angeles, a new contemporary and modern art fair run by The Amory Show, leads the charge. Two satellite fairs, Pulse and Fountain, will be orbiting this constellation of art and make their West-coast debut. I will be attending the fairs and look forward to seeing you there. In this issue we include articles on the impact of the Chinese collectors and recent stock market jitters on the global art market. In more uplifting news, Clinton's Global Summit will explore how the creative arts can help curb youth violence. During the summer at Blue Tangerine Art, we sourced original art for private collectors and also installed prints at hospitality and corporate sites. Several of our artists now offer limited edition prints including Anne Stahl, Kathy Montgomery, Bella Pieroni, Trudy Montgomery and Zanny Mellor. We invite you to check out their work on our website and to contact us regarding your project. Yours creatively, |
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Pacific Standard Time makes a bid for LA in art history
Los Angeles Times, By Jori Finkel and Reed Johnson,Sep 17  | Vija Celmins' work "Freeway," 1966 Latvian Oil on canvas.
(Vija Celmins, J. Paul Getty Trust) |
It seems worthy of an old-fashioned Hollywood epic, with a cast of thousands and a plot that spans four decades: "The Greatest Story Ever Told About Southern California Art."
Over the next six months, more than 60 museums and arts venues from Santa Barbara to San Diego will feature exhibitions of postwar Southern California art in an effort called Pacific Standard Time: Art in L.A. 1945-1980. Organizers believe it's the biggest museum collaboration ever. Every show tackles a different theme, such as the first wave of Chicano artists, the trailblazing feminists behind the Woman's Building, the pioneers of the so-called Light and Space movement. But they all share a common goal... Read on... |
Clinton Global Summit Explores How Art Can Help Curb Youth Violence
Bloomberg, by Patrick Cole, September 19  | |
The Clinton Global Initiative expands its focus to address how arts in schools can reduce violence. Photographer: Frank Polich / Bloomberg
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As world and business leaders gather in New York today for the Clinton Global Initiative, one group of experts will ponder how painting classes or guitar lessons can help curb youth violence around the world. "In a lot of the poorest countries we're trying to help, the level of violence is a continuous undercurrent," former U.S. President Bill Clinton said in a phone interview. "There's an enormous amount of evidence that shows that giving people an opportunity for creative expression improves their ability to learn in school and increases their ability and desire to navigate life in a positive rather than a negative way." Read the article... |
5 Reasons the Chinese Art Boom May Not Buoy the Global Art Market After All
ARTInfo by Shane Ferro, Sep 13  | |
Image: cblee via Flickr
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The news has been filled this summer with articles ballyhooing the ascent of the Chinese art market, most recently the glowing New York Times report on the demand for more Western art from Chinese buyers. But while there have been some astonishing sales in China and Hong Kong over the past few years, there are plenty of indicators that point to a market without a firm foundation. It could be that China is just finding its footing - but the country could also be following in the footsteps of Japan in the late 1980s leading up to the art market crash in 1992, when loose money from the huge Japanese property bubble led to astronomical prices for art at auction. Is China really going to live up to the hype?
As in most markets, there are bulls and there are bears. After summarizing the bullish outlook last week, ArtInfo now surveys some of the more cautious perspectives on China's global art-market influence, and the reasons why it might be prudent for Western art sellers to think twice before banking on Beijing. Read the article... |
Is art still a safe bet for investors?
The Art Newspaper, by Anders Petterson, 12 Sept  | |
Bucking the trend: the volume of art sales has been unaffected by stock market turbulence
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The financial crisis that started in 2008 has returned to haunt the art market once again, just when a run of good auction results was reassuring collectors and investors (the contemporary sales in London in June raised £200m over three evenings alone). July's most recent ArtTactic US & European Confidence Indicator (a proprietary index that every six months polls a sample of 130 key international collectors, curators, auction houses, dealers and art advisors) saw an 8.3% increase in the first six months of 2011, the fifth consecutive rise from its low in November 2008. At the same time, those polled showed a strong divergence between their outlook for the wider economy and for the art market, a trend similar to what we saw in November 2007 and May 2008. Read on... |
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Art Diary Dates
Upcoming Art Events
- Emerge, Washington D.C.: Sep 22-25
- Pulse, Los Angeles, CA: Sep 30-Oct 2
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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 in the US and Europe.
We offer paintings, drawings and limited editions by artists including: Chris Crossen, Patter Hellstrom, Deborah Lanyon, Angela Findlay, Rachel Holloway, America Martin, Lisa Fromartz, Kim Frohsin, Birgitte Lund, Zanny Mellor, Kathy Montgomery, Trudy Montgomery, Bella Pieroni, Anne Stahl, Nicola Wood, Suzan Woodruff and Eric Zener among others.
Sculpture by Stephanie Carlton Smith 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. Please contact us with your request via email or on (310) 699-6826.
Happy Collecting!
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Trudy Montgomery
Art Advisor, Artist and Founder of Blue Tangerine Art
PO Box 661216, Los Angeles, CA 90066
web: http://www.BlueTangerineArt.com
email: trudy@bluetangerineart.com
twitter: @trudymontgomery
tel: (310) 699-6826
  
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