How to Choose the Right Auction House for Your Art

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The high end art market is dominated by three main auction houses, Sotheby’s, Christie’s, and Phillips de Pury & Luxembourg. These three powerhouses have existed for centuries. When choosing an auction house from these three for your art, it’s important to take a variety of factors into consideration.

Guarantees

Obviously money is an important factor in selling your art. Many auction houses’ success has stemmed from their guarantees, which ensure that the seller receives the amount of money they expect for their art regardless of how much it is is sold for at the auction.

Guarantees, however, can lead to conflict, especially when the top three high end auction houses are trying to work with a limited number of the same collectors. Remember that money is not normally the deciding factor when collectors are choosing an auction house. Clients often place more importance on personal relationships and the auction house’s past record.

Relationships

Personal relationships are one of the most important factors in choosing an art auction house. These days, clients have a lot to be worried about: dips in the economy, terrorist attacks, and talk of price fixing. They’re looking for an art auction house that is reassuring, personal, and professional. In a consignment based industry such as art auctions, networking and word of mouth referrals are extremely important. Each of the auction houses have different connections with sellers, clients, and fields.

Field Speciality

Each of the three high end houses have unique specialties. Sotheby’s is known for their expertise in American furniture and photography, while Christie’s specializes in European furniture, as well as books and manuscripts. While to an extent Phillips is still establishing its business, the auction house seems to be focusing on Impressionist, Modern, and contemporary art. Phillips now also includes one of the top automobile auctioneers, Bonham & Brooks. The best auction house will have a specialty that matches your art.

Track Record

Past performance is another important factor to take into consideration when selecting an art auction house. Christie’s is one of the world’s top art auction houses. In 2000 they had $2.3 billion in sales! Sotheby’s, on the other hand, has won 20 of the top 25 single-owner sales. These included the estate sales of Jacqueline Kennedy Onassis and the Duke and Duchess of Windsor. It’s important to choose an art auction house with a track record that matches your goals.

When selecting one of the top three high-end auction houses, you need to consider their financial guarantees, the relationships you’ll be able to build, their field speciality, and past track record.

 

Inside the AI-Created Piece of Art

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The day has come where Artificial Intelligence is now creating works of art. Many of us never thought we would see the day, and for many more of us, the thought that this day might come never even occurred to us. But, “robots” are creating art – and the first piece has sold for $432,500.

The high price tag was unexpected, as officials predicted it to go for anywhere between $7,000 and $10,000. That is the beauty of auctions such as Christie’s, the art house in NYC where this was sold. Christie’s wonders if AI art creation is the next big medium for the world stage.

The AI system that created this artwork, which is titled “Portrait of Edmond Belamy,” was constructed with a learning algorithm; both the AI system and the algorithm were designed by an art collective in Paris called Obvious.

There are similarities to this painting that compare to those famous ones through history. Many believe the subject matter, Edmond Belamy, is a man of the church due to his white collar and dark clothes. The man looks toward the painter in an austere manner with a fixed but abstract background. Conversely, the face is less defined than those in many paintings which it would be compared to. Christie’s offers this difference, along with the empty areas of the background.

The painting was described by Richard Lloyd, sale organizer at Christie’s, as not being much different from those that they have been selling for hundreds of years.
The process, on the other hand, was vastly different than any other painting that has been through Christie’s. Obvious, the art collective, put a total of 15,000 portraits from between the 14th and 20th centuries into the Artificial Intelligence learning system, then activated the “Generator” to create a new image. After the “Generator,” the next step is the “Discriminator,” which works to find the differences between the original portraits and those generated. The goal is, essentially, to fool the discriminator.

Obvious has experienced with AI-created art in many subjects, from portraits and life scenes to nature, but have found their best results with traditional style portraits.

While this may open up questions about who the official artist is to receive credit, Obvious chose to “sign” the painting at the bottom, not with a name, but with a part of the algorithm they created.

Artists Not Known Until After Death

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An oft-repeated (though false) account states that Moby Dick author Herman Melville was so underappreciated during his lifetime, the New York Times referred to him as “Henry Melville” in his obituary. While this story is untrue, there can be no doubt that many artists don’t receive their due until after they’ve shed this mortal coil. Here’s a look at some of these latter-sung heroes.

 

Vincent van Gogh

It’s true: The genius behind The Starry Night and Café Terrace at Night, as well as a legion of other influential works, sold only one painting during his lifetime. (Trivia buffs, take note: It was Red Vineyard at Arles.) His style didn’t fit with the Impressionists of the age, with critics denouncing it as too moody and dark.

 

Paul Gauguin

The post-Impressionist painter would later be a significant influence on fellow avant-garde artists, Matisse and Picasso among them, but he didn’t receive many kudos while he was still living. His experimental works were just a little too ahead of their time.

 

Claude Monet

It seems that leaders always bear the brunt of the battle, even in the relatively genteel world of paint and canvas. Monet was a founding father of the Impressionist movement, and as such was seen as something of a renegade for his use of light colors and proclivity for landscape scenes.

 

Georges-Pierre Seurat

Even if the name is unfamiliar, even amateurs are likely to recognize Seurat’s most iconic oil painting, A Sunday Afternoon on the Island of La Grande Jatte. He relied heavily on color to achieve the mood he wanted for his work, something that wasn’t widely appreciated at the time. Nor was his signature technique, Pointillism, which uses many tiny brush dots to create a bigger image. Both conceits have gone on to become art class staples.

 

Julia Margaret Cameron

This British photographer had a reputation for getting up close and personal with her subjects, creating intimate portraits that were perhaps a shade too revealing for the critics of her day. She passed away in 1879, but her work didn’t become widely seen or appreciated until 1948–nearly three-quarters of a century later.

Why You Should Support Local Artists

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The importance of supporting small and local businesses is something you may hear often, but you may not know why it is necessary to support these local endeavors. When it comes down to art, individuals may have even more questions about why they should support local artists. Plenty of reasons exist as to why this endeavor is a worthwhile one.

 

Better the Community

When members of a community start to break away from one another, a host of problems often comes to fruition. For example, crime rates may begin to rise because residents don’t seem to care about the neighborhood. It’s also possible that the schools will experience problems as parents and children seem to suffer from a disconnect. Local art helps to bring the community together, which serves as a significant improvement for neighborhoods.

 

Stimulate the Economy

When individuals consider the economy, they often think on a more global level; they may not recognize how much their local economy matters. If they think about the connection between low economic productivity and crime levels, they may then realize why this endeavor is a worthwhile one. When people purchase art from local artists, they are helping to better the local economy.

 

Improve the Environment

Individuals who are interested in local art should find out what the artists are doing to protect the environment. They may very well find that these artists are interested in sustainable methods of producing art. It’s difficult to deny the beauty of a local environment that is filled with the sights, sounds and smells of nature.

 

Motivate the Youth

Many young people are interested in entering into artistic fields, but they often encounter opposition. Mentors may tell them that the arts are not going to provide them with enough money. These young people may also hear that only a few jobs are available. This type of talk can batter their dreams. However, when residents take the time to support the work of local young artists, they can help to motivate these budding artists to pursue their dreams and talents.

 

The community as a whole can improve when people turn their attention to the work of local artists. Some individuals don’t realize this point, but supporting local artists can help every member of the community to thrive.

Five of the Most Controversial Pieces of Art

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Throughout the years, there are many pieces of art that have sparked conversation. But, some pieces of art make a bigger impression and cause controversy. Here are five pieces of artwork that have been considered scandalous.

 

Guernica by Pablo Picasso

This painting by Picasso is mural-sized, at 11 feet 5 inches tall and 25 feet 6 inches wide. The piece of art depicts the 1937 massacre of the Basque village of Guernica. The painting is controversial for political reasons, as it was a stand against the fascist regimes of Spain and Germany at the time. Picasso did not even want the painting displayed in France until peace had been restored to the country.

 

Fountain by Marcel Duchamp

The high point of the Dada movement, Marcel Duchamp submitted this piece to The Society of Independent Artists and was rejected, even though the rules of the exhibition stipulated all pieces be accepted. The piece was a standard urinal turned on its side, with “R.Mutt” written on it. The piece sparked conversations about what art was and refocused art’s purpose from physical practice to intellectual interpretation.

 

Myra by Marcus Harvey

Myra Hindley was one part of the duo responsible for the Moors murders. The portrait of her is made up of children’s handprints. When it was displayed at the Royal Academy of Art in London in 1997, protesters threw eggs and ink at the painting. Hindley herself even wrote to organizers of the exhibition, asking them to remove the painting because of the pain it would cause to the families of the victims.

 

Madame X by John Singer Sargent

Though the painting appears tame compared to plenty of artwork, this piece was the source of big controversy when it was displayed. The painting’s subject, Virginie Amelie Avegno Gautreau, was an infamous adulterer and her pose and dress offended the French sensibility. It was said that the woman’s pose was vulgar, arrogant and self-centered. The painting originally featured the strap of Gautreau’s dress slipping off her shoulder but was later repainted so the strap was in place.

 

The Death of Marat by Jacques Louis David

This painting depicts the murder of French revolutionary leader Jean-Paul Marat. Marat was stabbed by Charlotte Corday who felt he was partly responsible for the more radical course the revolution had taken. The painting was viewed as controversial because it depicts Marat as a martyr for the French Revolution.