Good evening from London and good afternoon to those of our readers back in New York. While we'll be delivering our recap of the first public day of Frieze and Frieze Masters tomorrow (combined with a recap of tonight's Christie's Post-War & Contemporary), here are some of the first banner sales being reported by dealers at both Frieze London and Frieze Masters.
Works at Galerie Thaddaeus Ropac:
George Baselitz for EUR 800,000
Anton Gormley for GDP 350,000
Adrien Ghenie for GDP 200,000
Daniel Richter for EUR 185,000
Works at Andrew Kreps
Andrea Bowers for $85,000
Works at David Kordansky Gallery
Sold out its selection of new paintings and sculptures by LA-based artist Calvin Marcus, selling in the range of $18,000 to $38,000
Works at David Zwirner
Toba Khedoori for $600,000
Two works by Carol Bove- one for $750,000 and one for $350,000
Suzan Frecon for $180,000
Bridget Riley for GDP 600,000
Rose Wylie for GDP 150,000
Lisa Yuskavage for $900,000
Two works by Oscar Murillo- both for $280,000 each
William Eggleston for $65,000
R, Crumb for $175,000
Works at Salon 94
Marilyn Minter vintage work for $200,000
Works at Timothy Taylor Gallery
Sold out its entire stand of new Eddie Martinez works priced between $30,000 to $95,000 a piece
Works at Van de Weghe
Franz Kline for $8 million
Works at Lévy Gorvy/Kamel Mennour (joint booth)
Four works by François Morellet all priced between EUR 250,000- EUR 350,000 a piece
And of course, we always encourage you to subscribe to our monthly reports featuring in-depth conversations with the leading thought leaders and decision makers shaping the fine art industry. This month we talk with Paul Kasmin about the gallery's new Chelsea gallery space, and Katharine Arnold, Christie’s International Director, Head of Evening Sale, Post-War and Contemporary Art, EMERI, for an inside look at tonight's night’s sale.
We’re also excited to announce that for our November edition we'll be talking to Frieze director, Victoria Siddall, for a wide ranging conversation touching on all three iterations of the fair (including what we can expect from the first Frieze LA). We’ll be speaking with Amalia Dayan and Daniella Luxembourg (of Luxembourg & Dayan) about how their small but powerhouse gallery has thrived amidst the increasing push for galleries to constantly grow larger. And we’ll be talking to all the relevant players at Christie’s and Sotheby’s for inside looks and previews of the November Post-War & Contemporary and Impressionist & Modern evening sales in New York taking place later that month. And as a cherry on top- Dominique Lévy will headline our December edition which will of course focus heavily on Art Basel Miami Beach and the requisite satellite fairs.
The Three Things People are Talking About
1. By now it should be abundantly clear that Kerry James Marshall is pissed and not afraid to show it. Even as David Zwirner opened its newest show of the current art market superstar in its Mayfair gallery space Tuesday night, it didn't go unnoticed that neither Zwirner nor Jack Shainman (who also represents the artist), didn't bring any of his works to Frieze London this year. As Shainman pointed out to Judd Tully in his recap of the first day of the fair for ArtNews, “Kerry’s been very good to us, but you can’t be harassing artists all the time for work.”
And then of course there was his interview with Sarah Douglas (also for ArtNews) wherein Marshall aired his grievances against the city of Chicago for choosing to sell a mural he created for a branch of the Chicago Public Library at Christie's in November for a price estimated to be between $10m-$15m. The pull quote from the piece? "The City of Big Shoulders has wrung every bit of value they could from the fruits of my labor.” That's quite a statement from one of the leading artists in today's contemporary art scene. And it's sure to continue to stir up debate about whether artists should somehow be better compensated when their works hit the secondary market for increasingly staggering sums. Check out Sarah's full piece on ArtNews when you get a chance to breathe between the parties in London tonight.
2. Dmitry Rybolovlev's multi-pronged, international lawsuit against Yves Bouvier has finally made its way to New York. If you've been following this three year legal battle as it has been waged in Monaco, Singapore, Hong Kong, Bern and the canton of Geneva, then you know that Rybolovlev is alleging that Bouvier overcharged him on 38 pieces of art (including most notably, Leonardo da Vinci’s Salvator Mundi) and is seeking to recoup about $1 billion in damages.
As Margaret Carrigan notes in her article for The Art Newspaper, this time around, Rybolovlev is taking aim at Sotheby's, alleging that the auction house "knowingly and intentionally bolstered the plaintiffs’ 'trust and confidence in Bouvier and rendered the whole edifice of fraud plausible and credible' by brokering certain sales and inflated valuations. The [complaint] implicate[s] members of Sotheby’s staff by name, such as Alexander Bell, the house’s co-chairman of Old Master paintings, and the vice chairman of worldwide private sales, Samuel Valette." While Sotheby's has already filed a motion to dismiss the lawsuit in Manhattan federal court, it should be interesting to see how this part of the battle plays out- especially since Rybolovlev has hired Daniel Walter Levy as his attorney, the co-lead counsel who spearheaded the investigation and prosecution against art dealer Glafira Rosales for the sale of more than $30 million of fake works of art sold by art gallery Knoedler & Co. that purported to be by artists, such as Jackson Pollock, Willem de Kooning, and Mark Rothko.
3. The Canvas loves lists. They're easy to read, fun to cross off, and provide an air of finality that is so often missed when reading through longer profiles. That is why we were so happy to see Artsy's Nate Freeman publish "The 25 Rising Power Players Who Will Run The Art Market" yesterday. The list includes some of our favorite people currently making waves in the art world including Josie Nash, Director at Mitchell-Innes & Nash, Alex Logsdail, Executive Director of Lisson Gallery, Katherine Lukacher, Associate Specialist and Head of Online Sales at Phillips New York, and Caspar Jopling, Associate in Sotheby's Corporate Development and Strategy department. The full list is definitely worth a read so head on over to Artsy and check it out.
Five Booths to See at Frieze Masters
The Party Circuit
Sotheby's Contemporary Curated Reception: Hosted by Swizz Beatz
(Spotted: Swizz Beatz, Alicia Keys, Sherry Bronfman, and Nicola Vassell)
2018 High Line Art Dinner
(Spotted: Nari Ward, J. Tomilson Hill, Katya Kazakina, Cecelia Alemani, JiaJia Fei, Dustin Yellen, Sarah Sze, and Judith Bernstein)
Opening Reception for "Everything is Connected- Art and Conspiracy
(Spotted: Max Hollein, Alfredo Jaar, John Miller, David Nolan, Daniel Weiss, Edward Nahem, and Sheena Wagstaff)
Have any sales reports, gossip, news, or tips you'd like to share with The Canvas? Email us at email@example.com to get in touch. And while you're at it, check out our Instagram for pics from Frieze London.