Shuimohua gallery news

Picture | News | Gallery | Home

The 3D effect of the art market

Art market, there is a "3D" the law, the law is: When there is a "Death", "Divorce," Debt "occurs when there will be works of art to sell. Based on the global financial crisis, the law of the" Debt "Art is fueling the emergence of a new round of selling. the most recent typical company in the Lehman Brothers declared bankruptcy soon, as they are faced with huge debt, as well as litigation lawsuit ridden constantly, Lehman's CEO Richard Darfur Germany Fuld and his wife Catherine have to consider selling their works of art collection. Fuld Fuld's wife Catherine has always been works of art collectors, New York is also the director of the Museum of Modern Art. The critical moment in her pain is not well afford to spare, 16 to come up with a post-war and contemporary art collection commissioned by Christie's New York auction. Ultimately, the collection of 13.5 million U.S. dollars were taken, despite the lower than expected Fuld and his wife, but also can be regarded as resolved some problems.

In mid-December 2008, the United States out of the Bernard Street and the "Pond's fraud," resulted in investors up to a loss of 50 billion U.S. dollars, including the president of GMAC, billionaire philanthropist and well-known J . Ezra Mekin. Bernard J. Ezra Mekin intimacy with the He also suffered huge losses, such as Ascot Partners LP's investment company, Bernard has been a loss of 1.8 billion U.S. dollars; his other Gabriel Capital LP Fund in December were forced to shut down, loss of 1.5 billion U.S. dollars there. J. Ezra Mekin Although not to the point of bankruptcy, but this loss is enough to make his back debts, so it was a J. Ezra Mekin may have to sell his collection of 12 works of Roscoe. According to estimates of art dealers, J. Ezra Mekin Roscoe collection of works valued at 150 million -2 million. This is probably Roscoe works in private collections around the world the most, only a few "lucky" to have the honor to be able to enjoy the collection. London critics at the same time David Anfam Roscoe experts have visited the collection of Roscoe Mekin works, he said: "The size of these collections is enormous, this is Roscoe works in a time when the desired results. They make the wall disappeared into the environment. "visited other collections include The New York Museum of Modern's chief curator, and Ann Tempkin Sotheby's in New York, head of contemporary art Tobias Meyer.

Roscoe Mekin collection in the works, the most famous of three, one is the Empire State Building in New York Roscoe Hotel creation of the murals of the most well-known "Four Seasons" works, as well as for the Houston Roscoe Roscoe chapel frescoes work. The size of these two great works, have reached a 9 × 15 feet. No. 3 is a relatively well-known Harvard Roscoe for works created by the wall. Roscoe mural painting "Four Seasons" has been Washington's National Gallery collection.

J. Ezra Mekin Although these collections Roscoe does not sell, but his 83-year-old art consultant of Ben Heller said: "What are the price he has received a lot of inquiry whether or not to sell the collection of Tel. "Heller was the painter and collector friend Roscoe.

2003 J. Ezra Mekin Heller's help in the beginning of the purchase of Roscoe's work, of which seven are Mekin collection directly from the artist's children, as well as the legacy of artists agent to buy from the gallery. Pace in New York. Wells Deputy Gallery of Roscoe's private property, but the gallery of Arne Glimcher head J. Ezra Mekin refused to comment on whether or not to sell works to comment on Roscoe. November 14 last year, also on behalf of the Heller Mekin in New York at Sotheby's auction to buy a Roscoe creation in 1968 of paintings on paper, works with the bid as high as 7.9 million U.S. dollars. Mekin also in 2007 in Israel Tel Aviv Museum of Art exhibition held in Roscoe, one of the sponsor.

In addition, in February of this year is about to be held in Paris in the late fashion designer Yves Saint Laurent's art collection of the special auction, we can see that the global financial crisis is not only the global economy into recession, but also affected to the art market, "3D" the law of the art market is making a new round of hands! This would take the opportunity to "discuss a low price" of the collectors is undoubtedly good news, changing hands at the same time this collection is also conducive to the flow of resources, but also on the current art market supply and demand balance has played a necessary role.

2009-5-11

.Sometimes graffiti artists will be holding a "star"
.Environment of the global financial tsunami, the contraction of the art market is very clear
."Art Beijing" theme show to see the names of many young artists
.Imaginative play and art
.Criticism of the art market can not be regarded as "schadenfreude"

Picture | News | Gallery | Home

Copyright ? SHUIMOHUA GALLERY All Rights Reserved