Friday, September 25, 2009

African Art - picture of the month


Lozi bowl
ex Bohlen Coll.; ex Bill Moore, Los Angeles

Friday, September 18, 2009

Picture of the Month




Stolen Art: Interpol Steps Up

The theft of cultural objects affects developed and developing countries alike. The two countries most affected by this phenomenon are France and Italy. The illicit trade in cultural objects is sustained by the demand from the arts market, the opening of borders, the improvement in transport systems and the political instability of certain countries.
It is difficult to gauge the extent of the trade for two reasons
the theft is very often not discovered until the stolen objects are found on the official arts market. Countries send very little information to INTERPOL and many do not keep statistics on this type of criminality.

In order to combat the theft of cultural property, the relevant organizations and the public need to be made more aware of the problem. This is the primary objective of these web pages.
International organizations must lead the way in this fight, and since 1947, INTERPOL has been specifically involved. The first international notice on stolen works of art was published in that same year. Since then, the techniques have evolved greatly and INTERPOL has developed a highly efficient system for circulating information in the form of a database accessible to INTERPOL member countries, as well as the more widely available INTERPOL Stolen Works of Art CD-ROM. These web pages have been created to further extend the circulation of information concerning stolen works of art, and include

1. the most recent stolen works of art reported to INTERPOL
2. works of art recovered by the police during their enquiries and for which owners have not been identified
3. works of art recorded in the INTERPOL database and CD-ROM which have been recovered
the latest INTERPOL posters showing the most sought after stolen works of art

INTERPOL would like to encourage you to make extensive use of its services, and play an active role in the pooling and exchange of information. This is one of the most important contributions you can make to help curb the erosion of our cultural heritage.
www.interpol.int/Public/WorkofArt/Default.asp

Wednesday, September 16, 2009

A Case for Buying Art Now

Right after the 9-11 attacks I found myself on the road visiting clients, many that I had dealt with for over three decades. For the first time in my career I received some responses to my advance email messages asking me to not even call because the client was not in the mood to think about art. That got my attention. In many cases economics were not the issue - it was an oppressive depression over the attacks that sapped any interest in art. This lasted for a good six months while the art world re-grouped and then continued doing what they do.

There are certainly some parallels with the malaise that has overcome much of the commercial art world in the past six months. For those dealers that enjoyed the action in 2007 and early 2008 fueled by easy credit and in many areas crazy prices, the crunch has been a shocker. Suddenly the bankers left with the buyers and now dealers have had to re-think their approach. Dealers have reported that the tribal shows have, for the most part, been well attended but that collectors have kept their hands in their pockets. Generally sales have slowed in more than one sector.
Regardless of your political persuasion the events since last November have, indeed, been maddening. It has been too easy to get caught up in all the political bickering, in-fighting, and gamesmanship. But really right now what can you do to make a difference? Basically, contact your elected officials and let them know what you think. Beyond that, down the line you can give money and support your candidates. In reality that's a ways off. As I mentioned on the blog, we may see another downturn in the market and the economy by most forecasts may be sluggish into 2011. In the interim there are going to be many opportunities in the art world, that will be fun, satisfying, and lucrative. Dealers and auction houses will get more creative to capture your dollar. Buyers like you will shake off all the distractions and will make money during this period. So if you can afford a bit now and then be wary and alert.. maybe this distraction will make you forget some of the insanity in Washington on both sides of the aisle.

Like any period like this sometimes it difficult to tell who is the victim and who is the predator. Be smart and treat your art buying like any other investment and seek opinions from experts you trust. Don't buy and sell through the same folks that are giving you buying and selling advice. Some times this works... many times it doesn't.

Tuesday, September 15, 2009

Quick Takes - What's Happening Now

1. Recently, the New York Times offered a piece on the mood of the market saying:"Despite reports from the auction world that a recovery is under way, Manhattan’s gallery scene feels all pins and needles as it heads into fall. Things aren’t as bad as many expected them to be, but they could get worse." If that wasn't enough Art Forum Magazine was quoted as saying; "“Fragile and hoping for business.” Ad pages in Artforum’s September issue are down to 206 from 363 a year ago, a decline of more than 40 percent." West Village dealer Ms. Maccarone is quoted as seeing “'an O.K. September until the auctions', which she predicts will once more confirm a downward trend. To be followed, she says, 'by a dry winter and a lousy spring', with things approaching normal by fall 2010."

2. On a happier note a 4000 year old skull has been found in Rajasthan, India showing the first recorded case of leprosy. The find is considered to be an important step in tracing the origins of the disease.

3. Just when you thought that the Moche site at Sipan in Northern coastal Peru had yielded all its secrets, we find that the discovery of tomb 14 in 2007 is giving scientists and archaeologists plenty to consider. . Museo de Sitio Huaca Rajada, which houses the relics from this site opened in January 2009. In 2008 160,000 visited the museum housing the artifacts from the dig that began in 1987. 80% of the visitors were Peruvian so if you are a world traveler this is obviously a great place to escape American tourists.

4. The world's oldest known mammoth ivory Venus has been discovered buried 3 meters below the floor of a cave in southwestern Germany. The Venus figures typically date between 25,000 and 30,000 years. The latest find at this point dates at least 35,000 years ago and may go back further. Previously scientists have believed "that therianthropic figures (part man, part beast) came before representations of the human figure in sculpture and cave paintings." (Archaeology Magazine September 2009).

5. Parcouts des Monde in Paris - Reports from a few of the dealers have been positive saying that the exhibition was well attended and people were buying. As we head into another fall tribal art auction season, we will get important indicators of the health of the market for 2010.

6. Tom Campbell relieved Philippe de Montebello as director of the Metropolitan Museum and was faced a burgeoning annual budget of 220 million. The Met's workforce stands now at 2200 employees after cutting 350 jobs. Planned exhibits will be cut by up to 25% in the future. The bottom line is that the Mets 2.8 billion dollar annuity took over a 25% percent hit with the recent economic downturn. Look for some creative ways where the Met will charge more for their services and shows in the future.

7. The Cleveland Museum of Art has opened part of its 335 million dollar expansion plan which will be fully complete in 2013. Losses in the endowment fund and prospects for higher operation costs for the larger building have give director Timothy Rub plenty to consider in the coming months.