Word: auction
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Dates: during 2000-2009
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...painting is being sold by a Chinese-American collector. Auction firm Huachen, which downplays the piece's historical significance, describes Mao's expression in the portrait as "amiable." That's probably not how Mao would feel if he found out about the sale. All art should be "for the masses of the people, and in the first place for the workers, peasants and soldiers," he wrote in his Little Red Book. The auctioneers, who value the painting at about $150,000, must not have taken that chapter to heart. "We feel it's just like any other art product," says...
That was the winning bid made by a group of Currier House seniors at their HoCo’s Dutch auction fundraiser. They shelled out the big bucks for a customized piece of Undergraduate Council legislation, sponsored by Currier UC Rep Carmelo C. Tringali...
...Islander achievements," says Paul Sweeney, manager of Papunya Tula Artists, the oldest and most successful of the desert art centers, "and it's getting knocked about a bit at the moment." Industry observers blame a small number of rogue traders working outside the art-center system; others cite skyrocketing auction prices; some accuse the artists themselves. Says Sarra: "It's much more complex than it seems...
...unnoticed. When the exhibition "Dreamings" toured to New York in 1988, "all of a sudden taxi drivers and carpetbaggers from the desert were rocking up with works by the same artists rolled up under their arms and flogging them to na?ve collectors," Tim Klingender of Sotheby's auction house recalls...
...when Rover Thomas' All That Big Rain Coming Down from Top Side created an auction record for an Aboriginal painting, the market had evolved into a highly sophisticated industry with the best work being sourced from the community art centers where provenance was assured. But rogue dealers wanted a piece of the action, approaching in-demand artists direct. "Some artists I'm convinced will never paint enough paintings to satisfy the number of people who want them," says Sweeney. "So you've got something that's just exploded...