Word: collector
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...purchase of a large painting by Zhang Xiaogang at an Oct. 15 London auction by British collector Charles Saatchi suggests the tide of interest from overseas will continue to rise. Saatchi paid about $1.5 million for one of the artist's Bloodline series. Still, New York?based collector Larry Warsh believes he got a good deal. "Saatchi is coming in late, but he's important because people follow him," says Warsh, publisher of the magazine Museums and an enthusiastic advocate of contemporary Chinese art. "It will soon prove to be a bargain." Indeed, that prediction may already have come true...
Such speculative interest could evaporate overnight if the market cools, of course. But that's where the non-Chinese buyers come in. The international contemporary-art market is highly cyclical - many would say current prices are at all-time highs - but there remains a core group of wealthy art collectors who will be comparatively unaffected by external conditions. It's the buyers from that group who are now turning their attention to China, argues banker and avid collector Carl Kostyal. "About 10 to 20 collectors are at the leading edge of contemporary art globally," says Kostyal. "They are already buying...
Lacoste has enlisted furniture designer Tom Dixon to be the first creator in its new Holiday Collector's Series. Better known for his use of sheet metal and plastic than for cotton, Dixon is exactly the type of fashion outsider that the brand had in mind to revamp its traditional polo, packaged below...
...precisely this failure to acknowledge Peake's breadth of talent that Mervyn Peake: The Man and His Art, a new and comprehensive guide to his career, seeks to redress. In 1998, Peake's son Sebastian met Alison Eldred, an avid collector of Peake's artworks at Beetles' gallery, and over dinner the new acquaintances decided to compile and edit a book which, says Sebastian, would show his father's "eclecticism and breadth to a new generation...
...again." Here's an odd thing about Eno: as much as he relishes the ideas of transience and randomness that come with generative art, as much as he challenges accepted notions of artistic ownership (every image on 77 Million Paintings is copyright free), Eno is a ravenous collector. As well as recapturing screen snapshots of the very art he's set free, he keeps an archive of his own recorded interviews, clips newspapers, and hoards rusting canisters of slides and colored gels from his earliest works. But rather than keeping them for posterity's sake, he harvests them...