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Friday, March 13 2020 - 07:34
AsiaNet
Artprice at the Sotheby's Institute of Art in New York: The Art Market Might Have Reached a Turning Point
PARIS, March 13, 2020 /PRNewswire-AsiaNet/ --

Art history has traditionally analysed the evolution of artistic trends by 
reference to precise criteria such as dates, places, movements and techniques. 
Nowadays, however, a far more flexible and interconnective approach seems to 
prevail, most likely driven by the dynamic links between ideas, exhibitions, 
artists and works resulting from the proliferation of the Internet and social 
networks. 

Thierry Ehrmann, President and Founder of ArtMarket.com: "Museums have 
accustomed us to view art history in a linear way, grouping works together by 
eras and by movements. But museums are now being tempted by a much freer 
presentation. At the MoMA for example, there is a gallery showing altogether 
Pablo Picasso's Les Demoiselles d'Avignon (1907), Louise Bourgeois's sculpture 
Quarantania (1947/53) and a 1967 canvas by Faith Ringgold entitled American 
People series # 20: Die. This presentation seems to reflect another trend in 
auction catalogs, where Contemporary works are highlighted by the pictures of 
Old Master or Modern masterpieces, and vice versa. Remember... Christie's sold 
Salvator Mundi in a Post-War & Contemporary Art sale."

To mark the publication of its 2019 Art Market Report, Artprice organized a 
round table at Sotheby's Institute of Art in New York to discuss this paradigm 
shift. Artprice would like to thank all those who attended this debate on 3 
March 2020, as well as the experts who agreed to share their ideas and the 
whole team of the Sotheby's Institute of Art.

Visual shocks and associations of ideas

When in 1937 the MoMA presented an exhibition entitled Prehistoric Rock 
Pictures in Europe and Africa, its currator Alfred Barr exhibited works by Miro 
and Picasso alongside cave art tracings by Leo Frobenius. But as the 
prehistorian Emmanuel Guy stated on France Culture radio in June 2019, "[The 
Modern and Prehistoric works] were not exactly mixed. Certain works were 
brought somewhat closer... but there was still a certain reticence, one might 
say, which consisted in separating them spatially." In 2019, an exhibition at 
the Pompidou Center in Paris entitled Prehistory: A Modern Enigma, Palaeolithic 
Venuses were uninhibitedly mixed with sculptures by Giacometti, Moore and 
Brancusi; a Miro painting was hung directly in front of prehistoric tools and 
tracings by Leo Frobenius were hung opposite a video by Pierre Huyghe.

We are now accustomed to these connections between extremely contrasting art 
forms and this type of juxtaposition are very much in vogue at the moment. For 
several years now, the Palace of Versailles has invited Contemporary artists to 
exhibit works in its gardens and salons: Jeff Koons, Xavier Veilhan, Takashi 
Murakami, Bernar Venet, Lee Ufan, Anish Kapoor and even Olafur Eliasson. Such 
'associations' between Contemporary artists and a lavishly Baroque decor have 
produced a 'visual shock' each time. When it works, this shock offers an 
original way of contemplating older art with Contemporary pieces.

Judd Tully, writer and art critic: "There is a pretty good example that some of 
you may have seen a couple of years ago at the Frick, this collector Tomilson 
Hill who collects Renaissance sculpture alongside Francis Bacon and Cy Twombly. 
He made a big pitch for mixing, in his apartment actually and now in his 
Foundation in Chelsea. At one point I interviewed him and asked where he got 
this idea of mixing genres. And he said it was the architect Peter Marino who 
started it."

Incidentally, Tomilson Hill may also be the buyer of the 'Toulouse Caravaggio'. 
When the painting sold in June 2019, Hill was hosting an exhibition of works by 
the abstract painter Christopher Wool to inaugurate his brand new Foundation. 

Flexible links

These direct or indirect associations between artists separated by several 
centuries offer a freedom that mirrors that offered by social networks, notably 
via hashtags. As for the visual clashes between Old Masters and 
Ultra-Contemporary works, they are clearly very popular on Instagram and 
Pinterest.

Peter Falk, editor of Discoveries in American Art: "Instagram has become such a 
great force in the Art Market. The question is: Is it a facilitator or a 
disruptor? And if it is a facilitator, what is the next evolutionary stage? 
Does it mean that Instagram can create new movements?"

Artprice is interested in hashtags because they allow us to identify trends in 
the art market by identifying commonalities between things as varied as places, 
exhibitions and artists. For example, there's a whole generation of female 
artists who have in common being African-American painters under the age of 50, 
using collage techniques to make portraits of their friends and acquaintances. 
There is also a whole group of artists close to the Street Art scene whose 
references come from popular culture and who are generating remarkable results 
in Hong Kong. Hashtags allow the creation of flexible links between things that 
could otherwise escape a traditional approach to art history, perhaps because 
they evolve too quickly.

Kathy Battista, of the Sotheby's Institute of Art: "The major change is who is 
writing the history. So we have this long legacy, with people like Barthes 
writing the history of Modern Art, and now suddenly everybody writes history, 
because the Internet and social media have completely democratized the field. 
So I think we are living in a new era, and hashtags are emblematic of this new 
era. It is interesting to see how 'academia' is responding. For example, at 
Yale's Art History department, Tim Barringer has abandoned the entire canon of 
Art History for the first time."

Indeed, art history has long been dominated by Western canons, of white, 
heterosexual, male artists. But things are changing with incredible speed and 
sometimes in a deliberately provocative way. In Los Angeles, the David 
Kordansky gallery shocked the art market by reserving certain pieces in its 
solo show of Lauren Hasley for collectors of a "certain ethnicity". This 
extreme case is however exceptional... and Kathy Battista nevertheless 
recognizes that "It is refreshing to walk into the Whitney and see a 13 foot 
painting of a black person in front of a barbecue."

Today artworks are related by much more flexible links than before, and these 
links are much less restrictive and, above all, in constant evolution. Several 
of the MoMA's galleries should change every six months in order to show a 
greater number of works and propose new associations. There can be no doubt 
that the Art Market will have to develop new tools to adapt to this 
acceleration.

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