Showing posts with label auctions. Show all posts
Showing posts with label auctions. Show all posts

Thursday, November 15, 2018

First Snowfall: 2018-2019 Fall/Winter

The meteorologists had predicted some snow flurries for the NYC area today, with most of the actual snow heading further north and west. Well, imagine everyone's surprise when the snow actually starting sticking and didn't go away! Yes, today was our first snowfall of the 2018-2019 fall/winter season. I was stuck in my office working through most of it, so I didn't get to take pictures. AA, however, was working from home, so he took this picture you see here during the afternoon hours when the snow was coming down pretty heavily. It was a very wet snow, and by the end of the day had turned into slushy ice-like rain that was very slippery. Nothing too pretty about that kind of snowfall today!

It seemed rather ironic to me, then, that here we are freezing and getting iced by Mother Nature, when right in the heart of NYC at Rockefeller Center, Christie's auction house this evening broke the record for the most money a work of art by a living artist ever sold at auction: the hammer price went for $90m! The painting is the one you see here, Portrait of an Artist (Pool with Two Figures), 1972, by that grand dame of a British queen, David Hockney. According to The New York Times, "The painting was executed during a three-month period of intense creativity after the artist broke up with his American art student lover, Peter Schlesinger. Many viewers assume that the scene is set in California, where Mr. Hockney has lived for decades. But the canvas was painted in London, based on photographs taken at a pool in the South of France." I was fortunate to have seen this painting at the recent Hockney exhibition at The Met, and it was the star of the show, an exquisite composition with incredible color, without a doubt one of Hockney's best works. And now with the price tag to match. Oh, but to jump in that pool right now, instead of bundling up with the heater on beside me...


Thursday, July 12, 2018

New Solomon Records


For those of us who love and appreciate Simeon Solomon's paintings and drawings, yesterday and today were major days in the auction world. Yesterday, 26 Solomon drawings and watercolors went up for auction from a single collection at Christie's London, all of them selling in the range of £2,600 to £38,000. Today, though, at Sotheby's London, there was a sale of nine Solomon paintings and drawings in the Victorian sale. These works came from two different collections, and the sale broke not just one but two sale records. Up to now, the record was held by the sale two years ago of his watercolor A Prelude by Bach (A Song), 1868, which sold for £182,500. The painting you see above, Habet!, has broken that record. 

This painting has often been considered his best work, not so much by reviewers at the time, but by his colleagues and friends like William Michael Rossetti and Algernon Charles Swinburne, and subsequent art historians. Painted and then exhibited at the Royal Academy in 1865, the picture depicts a group of ancient Roman women having different reactions to a gladiator fight in the arena. The painting's first owner was Charles P. Matthews, a brewer who had homes in London and Essex, England, and it was sold at the auction of his estate after his death at Christie's London on June 6, 1891. It was sold then for 21 guineas. Around a century ago, it was purchased by the grandparents of the owner who sold it today, and surprisingly was actually "lost" for most of the 20th century, having only been "found" in the mid-1990s. Today that same family sold the painting, and it earned £370,000 including premium. As I've mentioned in the past, as compared to his fellow Pre-Raphaelite and Victorian painters, this is still relatively low (some major paintings by Edward Burne-Jones and Dante Gabriel Rossetti go for over £1m these days). Nevertheless, this was a satisfactory acknowledgment of his work and has helped reaffirm his importance in this canon of Victorian painters.

Also by Solomon up for sale today was this picture, the 1867 watercolor version of Bacchus, that he painted when he was in Rome, finishing it in London once he was home. In some ways this painting best epitomizes Solomon's style and subject matter, showing the god of wine as a sensual youth half-dressed, basking in the sun. The homoerotics of this painting are self-evident, and in many ways has become an important subject in discussing Solomon's own homosexual identity and how he frequently depicted youthful males as objects of beauty at this time. The picture was estimated to sell for £50,000-£70,000, but I knew it would sell for much more. It set the record for the second-highest work by Solomon sold at auction, coming in at £237,500 including premium. Two works on paper did not sell at today's auction, because they didn't meet their minimum estimate, but I think between these two big-ticket items and all the works sold yesterday at Christie's there was a sense of exhaustion. I don't think there's ever been this many Solomons up for sale at the same time, so this certainly made for an interesting two days of sales. To read more posts on this blog about the Solomon family painters, click here.

Saturday, February 11, 2017

Gibson and the Watson Taylor Family

A few months ago I had blogged about some John Gibson-related sculpture publications, exhibition, and symposium. The exhibition at the Royal Academy was excellent. It's unfortunate the show was only in two small rooms (we wanted to see more!), but the designers did a wonderful job with the layout (left: one installation view I took), and colleagues Annette Wickham and Anna Frasca-Rath did a nice job with the labels, publication, and overall curatorial selection. The symposium was held in mid-December. The first day was a trek on the actual Gibson Trail. We started at Tate Britain where Greg Sullivan and Anna led discussions, respectively, about a portrait bust and a sculpture by Gibson. We then trekked along the Thames to Pimlico Gardens where I led the discussion about the William Huskisson monument. From there we had a spot of lunch, went to Westminster Abbey for a chat about Gibson's Robert Peel monument, and then went to the Victoria & Albert Museum where Holly Trusted spoke about Pandora and the Copeland miniature of Narcissus. The next day a number of us gave more formal papers. Anna spoke about Gibson's studio practice, I spoke about Harriet Hosmer and the training she received in his studio during the 1850s. We also heard talks about Gibson's working friendships with the 6th Duke of Devonshire, Bertel Thorvaldsen, and Sir Charles Eastlake, ending with Timothy Stevens (former Director of the Walker Art Gallery, now part of National Museums Liverpool) providing an overview of his thoughts about Gibson after many years of engagement with his works. It was a fantastic opportunity for all the Gibsonites and 19th-century sculpture scholars to get together and I appreciated greatly being invited to participate by the RA.

One of the publications I had mentioned in that previous post actually just came out a few weeks ago. It is an essay about Gibson's early career in Liverpool and London before he went to Rome in 1817. The book is a significant collection of what promises to be some quite interesting essays grouped under the title of The British School of Sculpture c.1760-1832, edited by Jason Edwards and Sarah Burnage. I have to say, this was one of the longest publication schedules I've ever been through. We started working on this back in 2010 and it took until 2017 for it to be released. I was a little worried about how dated my essay would seem at this point, but after a quick reread when the book arrived, it seems like it holds up well, although it is extremely dense in its historical details. One component of my essay deals with the Watson Taylor family, who in 1816-17 commissioned six portrait busts from Gibson: Mr. and Mrs., and their four children (there was later a fifth child whose bust was carved by Edward Hodges Baily). In my essay I reproduced only one of the busts (right), which is in the collection of the V&A. This is the son John Walter Watson Taylor. In a footnote I identified the locations of the busts of the father and mother, but noted that the whereabouts of the other children were unknown. But that information has now changed a bit, so I thought I would use this blog post to "reunite" the family through their portrait busts. Alas, the bust of son Simon is still unaccounted for (as is the Baily bust), but the other two have turned up.



Last year, these busts of Isabella and George Jerome turned up in the Christie's auction sale of the collection of artist Claudio Bravo (July 13, 2016, lot 45). Gibson wrote in his memoirs that the baby's bust was "a little thing with no shape at all" (Eastlake 1870, 41), which seems apparent from the round head of the child. Although these two busts were not in great shape at auction, they sold for £2500, more than double the high end estimate (purchaser currently unknown). This connection to Christie's is rather interesting because it also dates back 200 years. James Christie, son of the founder of the auction house, was responsible for introducing Gibson to George Watson Taylor in 1816, who readily commissioned these busts of his family even though Gibson was not yet well-known in London. The sculptor even accompanied the family to the Isle of Wight where they were visiting Lord Spencer's villa, and it was there that he spent some of the time modeling the busts. He completed the children's busts in marble in 1816 and exhibited those of the two older boys at the 1817 Royal Academy exhibition. He finished the busts of the parents in marble in Rome over the next couple of years, exhibiting Mrs. Watson Taylor's bust (left) at the RA in 1819. This bust presumably is still in a private collection, as it was last seen on the market at a Sotheby's auction of November 2-3, 1989 (lot 104), but it did not sell.

At right is the father, George Watson Taylor (1771-1841), M.P. (Member of Parliament) for various locales from 1816-32. He was born George Watson, the son of a Scottish entrepreneur with an estate in Jamaica. In 1810, he married the woman above, Anne Taylor, the daughter of a baronet whose brother was a wealthy sugar planter, also in Jamaica. On the death of Anne’s brother Sir Simon Taylor in 1815, the baronetcy expired and Anne (now Mrs. Watson) inherited the family fortune. Her husband then changed their family name from Watson to Watson Taylor and assumed financial control of their estate, buying properties and furnishing them to great expense. By 1832, Watson Taylor was forced by bankruptcy to sell his estate and belongings, including all of these busts by Gibson, as well as two sculptures of Paris and a nymph that he also had commissioned from him. Mr. Watson Taylor's bust, seen here, is currently owned by Osuna Art & Antiques in Kensington, Maryland. My essay goes into more details about Watson Taylor's friendship with Gibson, including how he tried to entice him not to go to Rome at all, but Gibson was determined to do so. And the art world thereafter was grateful he made that decision. Perhaps one day the other children will turn up, but for now it is interesting to see this family partially united two centuries after the busts were commissioned and made.

(My thanks to Osuna Art & Antiques and Douglas Lewis, who provided me with Lewis's unpublished essay that, along with other original research, helped me in the writing of parts of my essay published in this book.)

Sunday, August 14, 2016

MWA XLI: Solomon's Song


If it were not for Dinah Roe's post on Twitter, I might have missed today as the 111th anniversary of Simeon Solomon's death in London. Tragically, he died after living in and out of workhouses and on the street, impoverished and in a destitute state, on August 14, 1905, despite having at one time tremendous success as an artist. As discussed and noted on this blog and on the Simeon Solomon Research Archive that I co-manage with Carolyn Conroy, it was after Solomon's arrest in 1873 for homosexual crimes that his public career largely ended, although he did have ups and downs over subsequent decades depending on his health and the support he was receiving from family and friends. A report of the inquest into his death appeared in the Times on August 18, 1905, and reads as follows:
Mr. Walter Schroder held an inquest at St. Giles's Coroner's Court yesterday regarding the death of Simeon Solomon, aged 63, bachelor, an oil-painter, who was described as of the pre-Raphaelite school and at one time an associate of Rossetti and Burne-Jones. Solomon, according to his cousin, Mr. G. J. Nathan, of late years had led an intemperate and irregular life. The witness last saw him alive in May, when he gave him an outfit of clothes and money. He also gave him a commission for a drawing which was never executed. People highly placed in society would have liked him to paint pictures for them, but he could not be relied on to execute any commission. Other evidence showed that Solomon had been "off and on" an inmate of St. Giles's Workhouse during the past five years. On Wednesday, May 24 last, after the visit to his cousin, he was found lying on the footpath in Great Turnstile, High Holborn. He complained of illness and was conveyed to King's College Hospital, whence he was transferred to St. Giles's Workhouse. He was then suffering from bronchitis and alcoholism. He remained in the house, and on Monday morning last suddenly expired in the dining hall from, as Dr. A. C. Allen, the medical officer testified, heart failure consequent on aortic disease of that organ and other ailments. The jury returned a verdict accordingly. It was stated that a picture by the deceased recently sold at Christie's realised 250 guineas and that in former days several of his paintings were exhibited at the Royal Academy.
It's interesting that the author laments that a picture by him had sold recently for 250 guineas at Christie's, considering just last month at the same Christie's, a record was broken when the picture above by Solomon sold for £182,500 ($242,500), the highest price ever paid for one of his pictures. Compared to his contemporaries, the aforementioned Rossetti and Burne-Jones whose works now sell in the millions of pounds, this amount is still a small sum. Nevertheless, considering Solomon was still barely acknowledged as a significant figure in the Pre-Raphaelite circle just fifteen years ago, this shift in the sale of his work is an incredible change in the market and appreciation for his work.

Painted in 1868, measuring 17 x 25 in., entitled A Prelude by Bach, Solomon's watercolor was first exhibited at the Dudley Gallery in London in February 1869 under the more generic title of A Song. It was largely disregarded by critics, the Times dismissing it as "a bevy of young men and maidens in the Watteauish costumes ... grouped round a lady at the piano," suggesting a subject that was either in the spirit of an 18th-century a fete galante or had randy Regency tendencies. Whatever the costumes, the picture seemed to be overtly sensual in its presentiment and lacking in the moral meaning preferred by those critics interested in mid-century Victorian narrative paintings. (To be clear, she is playing a harpsichord, not a piano, a perhaps important historical point if she is playing a Prelude by J.S. Bach.) 

A Song was exhibited with Solomon's (now-lost) Sacramentum Amoris and A Saint of the Eastern Church (Birmingham Museums and Art Gallery, image right), single-figure works that respectively celebrated pagan and Christian rituals, all done in watercolors, a medium with which most always agree Solomon excelled. Both the Saint and the Amoris carry myrtle branches, as does the boy in A Song. Clearly this suggests there was intent to unite them as a trinity with meaning, but that understanding now seems to be lost. Indeed, the problem with A Song at the time of its exhibition was its lack of meaning, either grouped with the other two pictures or on its own. The 1860s were a time of transition in British art, as the radical medievalism and social consciousness of the Pre-Raphaelites evolved into the luscious Venetian colors and subjects of the Aesthetic Movement, subjects and meaning typically dissipated in favor of sheer expressions of beauty. Another key shift in this transition was the merging of the arts so that one form could express that of another, i.e. art with music, poetry with art, music with poetry. This stylistic development appeared not just in Solomon's pictures but also those of his colleagues and friends Rossetti, Albert Moore, and J.A.M. Whistler (think Symphony in White, No. 1). These pictures blended the arts, poetry/music/painting united in subject-less works. Whistler arguably succeeded in this goal more than his colleagues and friends, to the point that he took the critic John Ruskin to court for libel and defended what this aesthetic sensibility actually meant. And yet, after all this time, viewers today still seek out meaning in pictures such as these.

In the 2005 Solomon exhibition catalogueColin Cruise argued that A Prelude by Bach echoed the representation of figures in Botticelli's Primavera, with the lady at the harpsichord substituting Venus, and the boy on the left representing Mercury, holding instead of the caduceus a myrtle branch. I'm not convinced this interpretation is completely accurate, because Solomon made a number of pictures throughout his career depicting groups of people arranged as if they were part of a bas-relief, and I'm not sure this one is any different from the others that it is less or more like the Primavera. That said, I do agree with Cruise that the depiction of the two women embracing in Solomon's picture conveys another instance of his exploration of lesbian desire, something he began exploring at least five years earlier with his pictures of Sappho. I would go even further and say that almost all of the couplings depicted in this work exhibit a sense of decadent sensuality. Their lassitude suggests post-coital intercourse, as if listening to the Prelude has somehow satiated their sexual drives. The power of music indeed.

This picture is a simple work upon first seeing it, but gazing at it in more depth, and attempting to read the imagery, symbols, and pairings more closely, it leads to that deeper enigma that one finds in so many of Solomon's pictures. His was a coded language all his own, and one wonders if we will ever be able to fully comprehend all the meaning in his works. Sadly, he died 111 years ago today taking most, if not all, of those secrets with him to his grave.

Sunday, June 26, 2016

MWA XXXIX: Steichen's Swanson

"Nobody ever discovered ugliness through photographs. But many, through photographs, have discovered beauty. ... So successful has been the camera's role in beautifying the world that photographs, rather than the world, have become the standard of the beautiful." -- Susan Sontag, "The Heroism of Vision," from On Photography (1977), p.85

I have been reading Sontag's book as one of my commute reads, and although some of her ideas seem dated now, I can tell how they were significant for a younger generation of connoisseurs, curators, and art historians in the 1970s when visual art was struggling to maintain its momentum with the rise of conceptual art and happenings in the contemporary scene. This particular essay, however, I have found very interesting because she proposed that the power of photography, as a democratized form of visual imagery and reproductive media, created for viewers a definition of what beauty is supposed to be. Although she focused on avant-garde practices and left out much discussion on commercial and fashion photography, the implication is clearly there as well. From the very beginning, advertising and mass media, through photographic imagery, have instructed us on how we are supposed to look and thus feel, and if we don't measure up somehow we fail as humans in our society. The role of photography to celebrity culture is tied to this and arguably today is even worse now than it ever was because of the onslaught of mass media and advertising impacting people 24/7.

I begin with this preface about beauty and photography to introduce what I've selected as the latest Monthly Work of Art. I first encountered the image you see above many years ago, and  I believe it was one of the great images that motivated me along to my eventual career in art history. The photograph is a portrait of Gloria Swanson photographed by Edward Steichen. I first saw this work in person at an exhibition at the Museum of Fine Arts, St. Petersburg more than 25 years ago. When many years later I told my friend and photohistorian extraordinaire RL the story of how much I loved this photograph and how it had inspired me, his response was "Of course it did!" I took that to mean two things: first, that it was indeed an evocative and beautifully composed photograph; and second, that naturally it would also appeal to me because it was so queer.

Photographed in 1924 and published in Vanity Fair in February 1928, a vintage print went up for auction at Sotheby's in 2014 and sold for $629,000. But if you could put a price on the beautiful, this photograph would likely be among those whose worth was priceless. The subject is Gloria Swanson (1899-1983), who at the time of the shoot was the highest paid actress in the world. She was a star of the silent film era and made the transition to talkies, but fell out of favor in Hollywood until she starred as Norma Desmond in Sunset Boulevard (1950), playing (ironically?) a fading film star from the silent film era who lives as a hermit in her Hollywood mansion but falls in love with a young screenwriter. In some ways, the photograph practically foreshadows Desmond's famous line "All right, Mr. DeMille, I'm ready for my close-up," spoken by Swanson in a husky voice that seeps through the translucent black veil in Steichen's image. The theatrical effects of the photograph and its references to old Hollywood and 1920s glamour are of course all of the stock traits that make it queer.

The photographer, Edward Steichen (1879-1973), established his career as a painter and Pictorialist photographer, but by the 1920s he had become a fashion and celebrity photographer, and later went on to become Director of the Department of Photography at the Museum of Modern Art. In his autobiography, Steichen wrote about photographing Swanson: "[We] had had a long session, with many changes of costume and different lighting effects. At the end of the session, I took a piece of black lace veil and hung it in front of her face. She recognized the idea at once. Her eyes dilated, and her look was that of a leopardess lurking behind leafy shrubbery, watching her prey" (Steichen, A Life in Photography, chapter 8). This description of the photo shoot suggests a few interesting notions. First, that the perfect image only came to them after an already-long, strenuous, exhausting day, implying then that it was not hard work but instantaneity and magical genius that had created this image. This notion of artistic strokes of genius is a trope one finds with every artist in history, and clearly was intended to make their work actually seem effortless and thus sophisticated. Second, the quotation also demonstrates that Swanson as the subject was equally involved in the creation of the image, specifically through performance and pose. Hence, it was a mutually-created stroke of genius, Adam-and-God touching fingers to spark Michelangelesque creation.

What Steichen does not seem to give credit to, however, is the power of the black veil. These netted fabrics have served to mask women's face for millennia, to allow them to feel a sense of protection against the staring eyes of others. In the case of mourning, a black veil permits the women to be private in her grief when she is in public, and informs people they should step away out of respect. In contrast, a white veil on a Western wedding dress masks the beauty of the woman's face, only to be revealed at the end when the new husband is permitted to kiss his bride. He lifts her veil, sees her face, and is now the sole owner of the commodity of beauty that has been hidden before that moment. Women in the Islamic community who wear full burqa often include veils, and regardless of the socio-political or gender-biased implications behind this practice, ultimately the veil here serves the same purpose: to disguise the woman and, by implication, make her invisible (even if, in Western society, it has the opposite effect).

The black veil in this photograph, seemingly thrown up haphazardly by Steichen, instantly creates a barrier that thereafter prevents the viewer from ever penetrating into the subject's space. It transforms a color of mourning into a commodity for showcasing beauty. But the veil also distances the subject from the gaze of the viewer, and thus creates an erotic tension between them. In many ways this was symptomatic of the role Swanson herself played in society as a film actress: visible and larger-than-life on the big screen for everyone to see, she was unavailable to the public as a real, live person. Unlike a full-length film, this single-frame image exacerbates this tension. She stares, eyes locked, leopardess-like, on her prey, the viewer, and thus shifts the power of the gaze back onto its source. Her gaze, specifically through that veil, empowers her and ultimately castrates (figuratively speaking) the (presumed male) viewer who has sought to penetrate her. The image is, indeed, one that showcases beauty, but at the same time it emphasizes the subject's power. Rather than subjugate her, the veil becomes the woman's armor.

Saturday, December 19, 2015

Auction Sales of 2015



Record-high prices from the art auction world continued to astound people this year, even those of us who work in the art industry. Of course, this is in modern/contemporary art, where prices for a handful of artists from the past 140 years (mostly 20th-century) continue to garner often shocking prices in the millions and alter the landscape (no pun intended) in the valuation of art. For instance, in May of this year, Christie's set a new record bringing in for the first time over $1 billion in a single week of sales: $658.5 million from their postwar/contemporary sale and $705.9 million from their 20th-century sale, each a few days apart from one another. Then, in November, Christie's made news with the record-breaking sale of the painting you see above, Amedeo Modigliani's Nu Couché (Reclining Nude), 1917-18. This picture sold for $170.4 million (with fees) to Chinese collector Liu Yiqian, a former taxi-driver, now billionaire, with a private museum in Shanghai. This record-breaker has earned the painting the number 2 spot on the most expensive works ever sold at auction (a Picasso also sold this year as number 1). Now, I like Modigliani's work a lot, but this nude...not so much. These other Modigliani nudes at the Met Museum and the Courtauld (the second one of my favorite paintings of the nude) are far superior in their execution than this one. I also think Modigliani's portraits are hauntingly fantastic, such as this portrait of Paulette Jourdain that sold this year at Sotheby's for $42.8 million (with fees) from the collection of their former CEO A. Alfred Taubman (a highly controversial figure himself). This record-breaking sale of a Modigliani has now effectively escalated the overall appreciation of his entire oeuvre. That may not seem to be a bad thing, because he is a great modernist, but this escalation in value also has skewed the market for his work in a way that costs museums and private collectors more money to insure his art works in their collections. On the surface this may not seem like a big deal, but when museums want to organize exhibitions, it costs them more to ship and insure these paintings, and as a result these costs trickle down to the average museum-goer in the form of higher ticket prices, book and merchandise sale increases, and other costs. The impact factor of these auction sales go beyond what a wealthy Chinese collector is willing to pay for a particular work of art.

Here is my new list of the Top 5 Auction Sales of Works of Art, which is an update of my 2013 post on this with extracted information from sites such as theartwolf and Wikipedia. (Keep in mind that this list is specific to auction sales and does not consider private sales, the most expensive of which is now in the range of $300 million for Paul Gauguin's painting Nafea Faa Ipoipo [When Will You Marry?].)
  1. Pablo Picasso, Les Femmes d'Alger (The Women of Algiers) ['Version O'], 1955, oil on canvas, sold May 2015, Christie's New York, $179.4m
  2. Amedeo Modigliani, Nu Couché (Reclining Nude), 1917-18, oil on canvas, sold November 2015, Christie's New York, $170.4m
  3. Francis Bacon, Three Studies of Lucian Freud, 1969, oil on canvas in three parts, sold November 2013, Christie's New York, $142.4m
  4. Edvard Munch, The Scream, 1895, pastel on board, sold May 2012, Sotheby's New York, $119.9m
  5. Pablo Picasso, Nude, Green Leaves and Bust, 1932, oil on canvas, sold May 2010, Christie's New York, $106.5m

In the world of British art, the picture you see here is of one of the more significant sales this year. The picture (taken by AA) shows me examining John Constable's The Lock, ca. 1824-25, when we visited Sotheby's New York in November to see the exhibition of upcoming works for auction. No, we weren't in the market to purchase it, as its estimate was in the millions of pounds/dollars range. This particular painting was number 5 of 6 in a series of Constable's famous "Six-Footer" paintings, i.e. landscapes that were elevated to the status of history paintings, but lacking a narrative. His paintings changed the history of art from the 1820s on when he exhibited them, as they opened up a new appreciation for the natural landscape as a large-scale, viable subject for artists and collectors. Constable's painting sold at Sotheby's London for £9.1m or $13.7m (with fees). (Note that another version of this same subject actually holds the record for Constable at auction, selling in 2012 £22.4m or $35.2m.). The sale of this painting now means that only two more major works by him are left in private hands.

Also in British art, I was pleased to see that this work, Simeon Solomon's Priestess of Diana Offering Poppies, 1864, which has been on the market and in private sales over the years, sold for £43,750 or $65,800 this past week. This isn't a record for Solomon, as his 1871 oil painting Rabbi Holding the Scrolls of the Law sold for £142,400 or $280,460 in 2006, but this latest sale is a demonstrated strength in the market for Solomon's oeuvre overall. For an artist long-maligned because of his homosexual crimes, Solomon has come into his own as an important figure among the Pre-Raphaelite and Aesthetic artists of the Victorian period, and is now eagerly sought by collectors in this area. (You can see my Solomon blog posts here, and always remember to check the award-winning Simeon Solomon Research Archive which is co-managed by Carolyn Conroy and me.)

To wrap up this auction post, I must comment on what I consider to be one of the most bizarre sales of the year, another painting AA and I had the opportunity to see in person at Sotheby's: Carl Kahler's My Wife's Lovers, 1891. This was a commission to paint San Francisco socialite Kate Johnson's favorites cats from among her 350 of them. I am not making this up. The end result is mind-boggling painting to behold. It measures approximately 6 x 8 1/2 feet in size and is in an incredibly ornate frame. One can appreciate the attention to detail and emphasis on animal physiognomy, Kahler succeeding in capturing the characteristics of each individual cat. But the painting borders on the eccentric. The estimate price was $200,000-$300,000. It sold for $868,000 (with fees). All I keep thinking about this painting is that someone with a lot of empty wall space must really, really love cats. Here is Sotheby's video about the painting, which also shows you how popular in the press the picture was when it was completed almost 125 years ago.

Sunday, December 28, 2014

Auction Sales of 2014


Last year when I wrote about the annual round-up of highest art sales at auction, I had listed what was then the top 5 highest prices ever paid at auction for works of art because some new records had been made in the ranks. Those top 5 listings have not changed this year, and Picasso, Warhol, and Bacon still dominate the art market, even if works by them did not break new records in modern and contemporary art. You can read articles about the top sales in the Huffington Post and ARTnews. But the biggest news in this world was that Christie's reached an all-time single-night sale total of $852.9m for its modern and contemporary sale in New York in November. ("The Old Masters are dead; long live the Mod/Con!"--or so it would seem!) The work of other modern artists continue to break records, including new high sales for early modernist painter/sculptor Amedeo Modigliani and, one of the surprises, Cy Twombly, whose untitled 1970 "blackboard"-like work sold for $69.6m. (I am a fan of Modigliani, but Twombly still baffles me.) Joining the top sales of the year were paintings by Ab Ex painters Newman and Rothko, which is not very surprising.

For me, however, the top sales of the year that were most interesting are the four I've listed here, in chronological order of when they were created.
1) J.M.W. Turner's Rome, from Mount Aventine, 1835, broke the record for this important British landscape painter. It was one of a dozen or so paintings by him still held in a private collection, and sold earlier this month in London for £30.3m ($47.4m). The image above shows the magnificent Italian landscape painting held by two art handlers at Sotheby's London (photo: Justin Tallis/AFP/Getty Images).
2) Edouard Manet's Printimps (Spring), 1881 (right), broke the record for Manet's work as well, selling for $65.1m in New York. Of all the sales that took place this year, only this work was acquired by a museum rather than a private collector, with the Getty bringing another fantastic Manet into their collection.
3) Georgia O'Keeffe's Jimson Weed, White Flower No. 1, 1932, sold for a record $44.4m in November, breaking the record not only for this significant American modernist painter, but setting  a a new bar as the highest price ever paid at auction for a work of art by a woman artist.
4) Alberto Giacometti's Chariot, 1950, sold for $101m. The bronze sculpture of an attenuated woman's figure attached to chariot wheels is not a record, as another work by Giacometti, about which I blogged in the past, still beats it, but this came very close.

Saturday, July 12, 2014

Gibson, Northumberland, Cupid, and Psyche


On July 9th, Sotheby's London held an auction of 57 works of fine and decorative arts collected by the Dukes of Northumberland, put up for sale by the current 12th Duke. Among the works that sold were two bas reliefs in marble made by the sculptor John Gibson (about whom I have of course written rather extensively!). The reliefs were The Marriage of Psyche and Celestial Love and Cupid Pursuing Psyche, and sold for a rather surprising £122,500 each ($209,953; hammer price including buyer's premium). This is nowhere as high as the millions spent on contemporary art, of course, but in a day and age when many people believe Classicism is dead, it is noteworthy that for some people these works still hold great merit and are considered worthy acquisitions and beautiful works of art. Indeed, after having looked at many of Gibson's works in Europe and America, I can say with certainty that his relief sculptures in marble are among his finest works. Gibson was a draftsman at heart, and relief sculpture often allows the sculptor to "draw" in marble, if you will, in a way that is very different from how sculpture in the round is conceived and made. The image above showing Cupid Pursuing Psyche is actually from the collection at the Royal Academy, as Sotheby's does not allow you to download images, but the two works are seemingly identical based on a visual comparison of the two, which you can see here and here.

The subjects of both works come from the mythical tales of Eros/Cupid, the winged god of love, and the young woman Psyche, with whom he unexpectedly fell in love. The full love story is beyond the scope of this blog post, but it was a love fraught with challenges, and in the end they were united in the heavens, with Psyche being turned into a goddess and granted butterfly wings to join her spouse. Their love story was a popular subject in art at the time, so Gibson was no different from many of his fellow painters and sculptors in trying to capture an interpretation of their story of young love. He worked the subject in marble, in fact, in three different bas reliefs--the two named above, and a third entitled simply Cupid and Psyche, showing the two in a more passionate embrace. The dates of the original designs for all three reliefs probably originate in the late 1830s, for we know that Queen Victoria commissioned one of the earliest marble versions of The Marriage of Psyche and Celestial Love (seen here: Royal Collection Trust/© Her Majesty Queen Elizabeth II 2014). It was intended as a wedding anniversary gift for Prince Albert, but she instead gave it to him for Christmas in 1845. Although this 1844-45 version and that commissioned by the Duke of Northumberland seem almost exactly the same, in fact Gibson changed where he put his signature. On the version in the Royal Collection, he signed his name on the bottom of the lyre; in the version for Northumberland, he signed it along the lower left.

Algernon Percy, the 4th Duke of Northumberland (1792-1865), and his wife, the Duchess Eleanor Grosvenor Percy, commissioned the two bas reliefs from Gibson in early 1854, when they were on holiday in Rome and visiting his studio. Gibson noted in letters that he was warmly received by them. In his memoirs, he even credited the Duke with giving him the idea of keeping his famous Tinted Venus statue on display in his studio longer than he intended to help market this masterpiece. The Duke said to him: "If you could keep the Venus in Rome for a considerable time, she would be visited by travellers [sic] of different nations, and they would spread her fame for you." (The Biography of John Gibson, R.A., Sculptor, Rome, ed. Thomas Matthews [London: Heinemann, 1911], p.184). He followed the Duke's suggestion and kept his polychrome Venus for another five years, until the owner, Mrs. Preston, demanded he send the sculpture to her in England as promised.

Gibson kept up good relations with the Duke and Duchess. Extant correspondence shows that he was invited by them to visit them in England in 1855, and he probably did on his visit there that Fall. Other correspondence and his journal at the Royal Academy show that he also visited them at their famous home of Syon House in the suburbs of London from August 1st through 3rd, 1863. These two bas reliefs may have been installed in any one of their homes, as they could be moved and presumably were not integral to the architecture of a particular room. The separation of them from the descendants of the Dukes of Northumberland today is but one of a number of important works in their collection that critics say are sad to see go, but real life often forces even the aristocracy to make sacrifices in order to pay debts and repairs so as to maintain the grand manor estates one wants to visit when abroad.

Tuesday, February 11, 2014

Solomon's Vision

On Monday, February 10, 2014, Bonhams Los Angeles sold at auction a rare book that anyone who is a follower of Simeon Solomon (1840-1905) and the Pre-Raphaelites would have loved to own…including me. However, it was clearly above my income bracket, as it sold for the amazing price of $17,500! The good news about this is that I know who the winning buyer was, and I’m delighted to hear this person was successful in the bid, for this treasure of a book will go to a good home and be available for scholars in the near future. The seller had been in touch with my fellow Solomaniac Carolyn Conroy and me about this book for a few months already, so we were very eager to know how things would progress with this sale.

The image you see here is the cover of the book, A Vision of Love Revealed in Sleep, written by Solomon and published by F. S. Ellis for him in 1871 (i.e. self-published with Ellis). There were a small number of these beautifully-bound copies of his prose-poem published at the time, mostly for him to give away to his friends, so they are already unique on the market. (A search in WorldCat shows that only 16 libraries in the US, Canada, and the UK have copies.) What makes this particular copy even more special is that it was the one owned by the poet Algernon Charles Swinburne (1837-1909). Inside, it is inscribed in the author’s handwriting: “With S. Solomon’s affectionate regards / to his friend, A. C. Swinburne / March 1871.” As a personal copy given by the author to his friend, it’s a lovely complement to another copy that once belonged to the painter Edward Burne-Jones, which is now at the University of Rochester.


Solomon and Swinburne were for many years a “dynamic duo” in 1860s Pre-Raphaelitism. They probably met through Dante Gabriel Rossetti and Burne-Jones around 1862, and the two young men quickly took a liking to one another, Solomon (photo right) a Jewish youth with unkempt hair, a beard, and sad eyes, Swinburne a slender fop with a bush of red hair (photo below). One of the most audacious anecdotes ever told about them is that Rossetti came home one day to discover Swinburne chasing Solomon down the stairs, and both of them were naked. All that said, it is doubtful they were ever lovers. Biographers tend to see Swinburne as an auto-erotic who indulged in flagellation and birching. But combined with Solomon’s homosexuality, history saw fit to mix the two as sexual deviants of the Victorian era. Solomon is credited these days with being one of the first artists to depict the ancient Greek poetess Sappho as a lesbian (see, for instance, the Tate's Sappho and Erinna in a Garden at Mytilene), and this imagery was clearly part of the working association he had with Swinburne, who wrote poetry about Sappho in a similar way. Solomon also illustrated Swinburne’s birching tales, such as Lesbia Brandon, drawings one can see in the collections of the British Library. With their friendship blooming, Solomon spent the 1860s painting provocative male figures and exhibited them at the Royal Academy and the Dudley Gallery, while Swinburne scandalized readers with the first edition of his Poems and Ballads (1866) with odes written for and about sado-masochistic women.


A Vision of Love Revealed in Sleep is seen today as an early example of gay literature, and indeed it was republished in its entirety most recently in Chris White’s edited anthology Nineteenth-Century Writings on Homosexuality: A Sourcebook (Routledge, 1999). Expressing the physical and emotional angst of different types of love, Solomon’s text has come to be seen as a paean to same-sex passion at a time when one could not express this kind of love in society. At the time of its publication, however, his prose-poem was seen by reviewers as an artist’s statement for his highly symbolic, personalized imagery that drew on ancient mysticism—ephebic gods of love, angels, and love-struck youths—figures that populated his paintings such as Love in Autumn and Sacramentum Amoris and often left viewers confused as to what they meant. Discouraging reviews of the prose-poem appeared in the Athenaeum and the Jewish Chronicle, but John Addington Symonds (later a champion for same-sex passion) wrote a laudatory review in the Academy. Swinburne also wrote a review (at Solomon’s request) and it appeared in the first issue of the Dark Blue. Sadly, Solomon was less than pleased with Swinburne’s review, concerned that it gave the wrong impression of Solomon’s symbolic meaning. In retrospect it seems safe to speculate from some of their letters that this may have been the beginning of the rupture in their friendship.

After Solomon’s arrest in 1873 for homosexual crimes, Swinburne was among his former friends who outright rejected and distanced himself from Solomon, probably fearing for his own public reputation. Years afterward, when he was desperate for money, Solomon reportedly tried to sell off some of Swinburne’s more salacious letters, for which the now-reformed and alcohol-temperate Swinburne never forgave him. Swinburne’s letters to Solomon have never been found and probably were destroyed at some point. However, many of Solomon’s letters to Swinburne do still exist and were published in a few books, most recently Terry Meyers’s edited Uncollected Letters of Algernon Charles Swinburne (Pickering & Chatto, 2005). The letters reveal hints of their secret adventures, occasionally written in coded language. More boldly in 1871, just two months after the publication of Vision, Solomon wrote letters to Swinburne about the trial of the famous cross-dressers Thomas Ernest “Stella” Boulton and FrederickWilliam “Fanny” Parke. The friendship of Solomon and Swinburne lasted less than a decade, but it produced a fruitful, creative relationship that clearly benefited both of them in art and literature. This particular copy of Vision that has just been sold is rather special then. It records a moment in time at the apex of their relationship when this talented duo respected one another and were close, actively learning from one another. After this moment, things changed, and this book and its inscription now forever commemorate a relationship where each was able to say, for a short period of time, “affectionate regards” to a friend.

UPDATE 3/2/14: I can now announce with some excitement who won the auction for this rare copy of Solomon's 1871 prose-poem, dedicated to Swinburne. The book now resides in the Mark Samuels Lasner Collection, on loan to the University of Delaware Library. Mark Samuels Lasner has spent much of his life amassing one of the best private collections of Victorian literature, manuscripts, and drawings. He has been incredibly generous in providing access to works in his collection for researchers (myself included), and he has exhibited his collection widely to encourage further scholarship. His long-term plan of making the collection accessible through the University of Delaware Library means scholars worldwide will be able to have access to these rare and excellent items for ages to come. I can't think of a better home for this special copy of Solomon's little book.

Tuesday, December 24, 2013

Auction Sales of 2013


Considering today is Christmas Eve, it seems rather appropriate to blog about the work you see here: A Christmas Carol, 1867, oil on panel [image: Sotheby's]. The painting is by the Pre-Raphaelite/Aesthetic artist Dante Gabriel Rossetti (1828-1882). The picture reveals many of Rossetti's interests at this time, from the beautiful woman in a bower to the connections of the visual with music as a timeless, experiential art form. But the reason why I'm showcasing this Victorian picture is because the painting was sold at Sotheby's London on December 4 and earned a record-high sale for Rossetti, coming in with the hammer price of £4,562,500 ($7,475,200). This actually beat the sale for a Rossetti color charcoal drawing of Proserpine that had just been a record high for him a few weeks earlier at £3.3m ($5.3m). Pre-Raphaelite and Aesthetic art continues to rise in popularity...an ongoing testament to the recent Oxford conference following up on the successful exhibition held at Tate Britain, that I saw in Washington, D.C., and then went on to Moscow and Tokyo.

That said, auction prices for Victorian art still pale in comparison to the market for post-WWII art, which continues to skyrocket, with more and more sales coming in at the $100+ million mark. As I noted in last year's post on auction sales of 2012, 10 of the highest-priced auction and private sales have all taken place since 2006. We can now extend that to point out that the top 17 spots for the most paid for art in auction/private sales have all taken place over the past 10 years! According to a recent article in Businessweek, "the top 10 auction lots of 2013 raised $752.2m, a 27 percent increase from 2012 and an 82 percent jump from 2011." Trends in the art-buying auction world are showing that the "tres nouveaux riches" are from China, Russia, and the Middle East. (Not coincidentally these are the same groups who are also buying up high-end real estate all over Manhattan, leaving the Everyman little chance of ever being able to own property in NYC.) Art, more than ever before, is a commodity, something to be flipped and sold at a profit. Museums cannot even compete in this new art market. Jed Perl, art critic for the New Republic, has written an interesting editorial about this, noting how the super-rich are ruining for the rest of us the ability to appreciate art.

Three major auction records were broken this year for post-War art. Francis Bacon's Three Studies of Lucian Freud, 1969, sold on November 12 at Christie's New York for $142,405,000 hammer price (see my blog post about this here), making it currently the highest amount ever paid at auction. Andy Warhol's Silver Car Crash (Double Disaster), 1963, silkscreen ink and silver spray paint on canvas [image: Sotheby's], broke Warhol's record when it sold on November 13 at Sotheby's New York for $105,445,000. Finally, Jeff Koons's Balloon Dog (Orange) stainless steel sculpture, 1994-2000, sold at the same Christie's sale as the Bacon for $58,405,000, giving Koons the record for the most money paid at auction for a living artist's work.

Keeping track of the most money paid for works of art can be tricky, as most resources combine auction and private sales. One example is theartwolf.com, and another is this Wikipedia entry. Both focus on paintings and they also account for inflation and current value (which is both helpful and distracting, as it alters the ranking of "most valuable"). Extracting data from these and other sources, I've put together my own Top 5 Auction Sales of Works of Art. I have no doubt it will change each year, but this is how things stand as of today.

  1. Francis Bacon, Three Studies of Lucian Freud, 1969, oil on canvas in three parts, sold Nov. 2013, Christie's New York, $142.4m.
  2. Edvard Munch, The Scream, 1895, pastel on board, sold May 2012, Sotheby's New York, $119.9m.
  3. Pablo Picasso, Nude, Green Leaves and Bust, 1932, oil on canvas, sold May 2010, Christie's New York, $106.5m.
  4. Andy Warhol, Silver Car Crash (Double Disaster), 1963, silkscreen ink and silver spray paint on canvas, sold Nov. 2013, Christie's New York, $105.4m.
  5. Pablo Picasso, Garçon a la pipe, 1905, oil on canvas, sold May 2004, Sotheby's New York, $104.1m.

Wednesday, November 13, 2013

Random Musings 15


Big news in the art world last night! More major auction records were broken at the Christie's New York post-war and contemporary art sale. The sale itself brought in a record-high amount of $691.58 million, and there were record high sales for major artists, including one that put Jeff Koons at the top for most-paid-at-auction-for-a-living-artist. The really big news of the night, however, was when Francis Bacon's triptych Three Studies of Lucian Freud, 1969, stole the show, selling for the hammer price of $142.4 million, becoming the most money ever paid for a work of art at auction. (The actual sale price was $127m; the rest was the buyer's premium that goes to the auction house.) The previous record happened last year with a version of Munch's Scream selling for $119. (Here is more on my past musings about these records and art sales.) You can see the trio of framed works by Bacon in the image above (source: Chang W. Lee/The New York Times), hovering over the crowd as the frenzy of the auction took place. I'm wondering if some wise ass will claim that as a triptych each piece should only count for 1/3 of the hammer price and thus be much lower. For the record, Bacon worked in triptychs over and over, and even though the three pieces are framed separately, that doesn't mean they're separate works. Unlike the Scream, which was quite a big deal but not life-altering to me, I must confess that this sale excites me because I'm a fan of Bacon's work. Long-time readers may recall my post about Bacon's rise in fame back in 2008, just prior to the big retrospective exhibition that was being planned for London, New York, and Madrid. I find Bacon's work visceral; it hurts to look at it. If you think you can hear the scream in Munch's painting, you will feel in your gut the heart-wrenching agony bellowing from Bacon's paintings. Despite the pain and angst, though, there's something also energizing about his pictures. They are both figurative and abstract in a way that makes you question what you think figurative and abstract actually mean. And in my chats with painters, I've discovered they love him as a painter. His brushstroke and use of colors dazzle them and demonstrate amazing skill and handling that make him a rival to Picasso and Matisse as the leading painters of the 20th century. And now that he carries the highest record ever paid at auction for a single work of art, few can doubt hereafter his awesome presence in modern art. For more about the auction, see the news report by Carol Vogel in the NYT. Some of CultureGrrl's observations about the sale and Christie's bizarre disclaimer on buyer and seller buy-ins shows that the old days of equality in auction sales are long gone.

Among some other musings I've been storing up... About two weekends ago, AA and I took a short getaway trip to New Orleans for some R&R. We got to see the RL-DGs and their new baby NGL, plus play with the ever-adorable dog Penny. But RL--officially and professionally Russell Lord, photography curator--also had some incredible exhibitions on that we went to see. Edward Burtynsky: Water at the Contemporary Arts Center New Orleans was just beautiful. His photographs shot around the world highlight the importance of water in our lives and the ways in which we control it. The images are dazzling and breath-taking. He creates such complex compositions in colors so vibrant you would swear you were looking at abstract paintings. The image below is one of a number of these beautiful pictures (image: Dryland Farming #2: Monegros County Aragon Spain, 2010; copyright Edward Burtynsky). To top that show off, Russell also curated the thought-provoking exhibition Gordon Parks: The Making of an Argument at the New Orleans Museum of Art. Here, Russell explored how Parks's 1948 photographic essay, published in Life magazine about a Harlem gangster named Leonard "Red" Jackson, actually revealed a cropped, edited form of sensationalist journalism that belied the truth behind what Parks really saw in this so-called gang leader struggling to live an everyday life as a black youth in Harlem. Both of these shows are just fascinating, so everyone should go see them if you're in New Orleans. And while you're there, you can check out his third exhibition, a "best of" in the photography collection at NOMA.


For photography and architecture buffs who love New York City, there is a new fun website that appeals to all those people who love seeing pictures of cities and landmarks "then and now." Called NYC Grid, it allows you to use a yellow dividing-line bar over photographs to see how landmarks like the Brooklyn Bridge and surrounding areas changed from the past to now. It's quite an amazing tool and demonstrates how fun Internet technology can be at times. There are currently only 32 works you can do this too, but the site has fun photography of different neighborhoods worth perusing as well.

Have you ever wondered how music sounded in ancient Greece and Rome? Mathematically and chromatically, scholars had determined in the past how it was constructed. Now with some clever tinkering of musical instruments, a scholar at Oxford University has demonstrated how Greek music sounded. You can read more about this interesting study here from the BBC, and click here to listen to a few of the recordings of vocal and instrumental music (in association with Archaeology magazine).

Finally...(drum roll, please!)...imagine my devilish delight when I discovered that my all-time favorite Disney villain, Maleficent from Sleeping Beauty, was being given her own biopic in non-animated form! I haven't seen a Disney movie like this in eons, so I'm looking forward to this. Maleficent really was wicked...and could turn into a dragon too. How cool is that? Angelina Jolie plays her in the film...creepy! OK, it's also a bit bizarre, I know, but still...it's Maleficent! Here's the trailer for the film...

Thursday, December 20, 2012

Auction Sales of 2012


Every once and a while, I like to track on bklynbiblio information about auction sales for works of art when I think something significant or monumental has happened. 2012 has turned out to be a rather startling year, with a number of paintings being sold at auction at incredible prices, some breaking records. The November sale of Contemporary Art at Sotheby's brought in $375 million, followed almost immediately by Christie's similar sale with a record of nearly $500 million in sales. These are simply staggering amounts of money for works of art. Two pictures by the Abstract Expressionist painter Mark Rothko sold at auction this year for more than $87 million and $75 million each. But my favorite Ab Ex painter, Franz Kline (1910-1962), reached a record high for his work with Untitled, 1957 (pictured above), which sold at Christie's New York in November for $40.4 million. (bklynbiblio readers may recall my having written about Kline when it was his 100th birthday. I love how his thick, exuberant application of monochromatic paints allude to Chinese/Japanese calligraphy.) Of course, the biggest sale of the year, however, was one of Edvard Munch's versions of The Scream, 1895, which sold at Sotheby's in May for $119.9 million, making it currently the most money ever paid for a work of art at auction (note that it's not an oil painting, but rather pastel on board). You can see this interesting slideshow with images from the Huffington Post with the 20 most expensive works sold at auction this year, ranging from the $119.9 million to a paltry $23 million for an abstract painting by Wassily Kandinsky. It's at least somewhat reassuring to know that not everything in the top 20 was "modern"; works by John Constable and Raphael made it on the list too.

There's a decent Wikipedia entry on the "List of Most Expensive Paintings" that is worth consulting, as it combines both auction sales with private sales. As expensive as these aforementioned auction prices are, it's astounding to realize that this year's Munch still only ranks as #8 in the hierarchy, the most expensive painting ever sold being a version of Paul Cézanne's Card Players, 1892-93, for $259 million. What is perhaps most disturbing about this list, however, is that of the top 17 highest-ranking sale prices, 10 of them have all taken place just since the year 2006! This is extraordinary when you realize that we've supposedly been suffering through tough economic times these past few years. Clearly the so-called global 1% haven't been impacted and can easily inflate the art market.

And just when you think you've heard it all, this very week Christie's sold the painting you see here at its Victorian sale for a shocking record price of almost $1 million. The picture, The White Owl, 1856, by William James Webbe, was discovered in someone's attic, cleaned, and sold at auction for about 9 times more than the estimated price. Now, when compared to the sales mentioned above, this is really nothing. But for a Victorian picture, it's astounding. The picture is being called a Pre-Raphaelite work for its stark, photographic realism, but it's not officially a Pre-Raphaelite painting. I mean, I think it's fair to say that I'm relatively familiar with Victorian art, certainly the art of the Pre-Raphaelites, and I've never even heard of this guy! What gets me even more is...who the heck has $1 million to buy a picture of an owl? I think it shows that although one can talk all about these sales and declare them records of sale prices, in the long run they say more about the competitive streak among bidders who vie for these works, rather than the intrinsic value of the works themselves. It seems fair to say that most art collectors today clearly are more interested in art as a commodity and want to flip it to make a profit. Sadly, aesthetics and the work's value solely as a work of art no longer seem to be worth anything.