Comments on REFCO Art Collection LiquidationTypePad2006-04-18T03:37:46ZMAO - Modern Art Obsessionhttps://modernartobsession.blogs.com/modern_art_obsession/tag:typepad.com,2003:https://modernartobsession.blogs.com/modern_art_obsession/2006/04/refco_art_colle/comments/atom.xml/A.J. commented on 'REFCO Art Collection Liquidation'tag:typepad.com,2003:6a00d83451694c69e200d834b9b58a69e22006-04-20T11:25:40Z2007-08-18T19:30:55ZA.J.http://hangten.typepad.com/hangten/seems that the sky-hi inflated prices for new art reflect the posturing of the chelsea galleries, huge showplaces overcompensating for...<p>seems that the sky-hi inflated prices for new art reflect the posturing of the chelsea galleries, <br />
huge showplaces overcompensating for a luckluster decade of art.<br />
there's going to be some dumps.</p>bbob commented on 'REFCO Art Collection Liquidation'tag:typepad.com,2003:6a00d83451694c69e200d8348431b753ef2006-04-20T02:07:36Z2007-08-18T19:25:51ZbbobSpeaking of overpriced. As a new young collector. One of the things I'm grappling with is how some of these...<p>Speaking of overpriced.</p>
<p>As a new young collector. One of the things I'm grappling with is how some of these galleries and artists charge $25k-$50k-$100k-$150k for their EDITIONED work right out of the box. When I've seen a nice signed limited edition serigraph/litho etc. by an immensely much more historically important and established artist such as Warhol, Duchamp, even Picasso go for under 10k still! </p>
<p>Except for the really important works by these new guys, ...that is if they prove their longevity. Will there be excitement for this work in 50 years when there's a whole nother crop of new artists? In 50 -100 -200 years are people going to still be clamoring about spending 1/2 mil on a Gursky or Barney? Will it look old fashioned? Will they buy it just for historical value? Or are they all going to be falling over themselves to buy the "NEW Crewdson" etc. </p>
<p>Some of the artists I like from the early/mid 1900s who turned out to be important and do have a place in history but are still definitely "B" grade artists in terms of success. I see their editions selling for a pittance compared to this work. So these guys have to turn out to be Blue Chip in my opinion for value to last.</p>
<p>Not to mention how much more work is being produced nowadays. How much more work will be produced in the next 100 years? Will the market just be completely flooded?</p>BitterPhotoDealer commented on 'REFCO Art Collection Liquidation'tag:typepad.com,2003:6a00d83451694c69e200d834b96c6169e22006-04-19T13:12:15Z2007-08-18T19:10:02ZBitterPhotoDealerMAO, Is it safe to assume.. when you wrote.. "Bright Young Photography Experts at Christies" you were being facetious??<p>MAO, <br />
Is it safe to assume.. when you wrote.. "Bright Young Photography Experts at Christies" you were being facetious??</p>Mike @ MAO commented on 'REFCO Art Collection Liquidation'tag:typepad.com,2003:6a00d83451694c69e200d834b96c4d69e22006-04-19T13:07:41Z2007-08-18T19:09:13ZMike @ MAOhttp://www.ModernArtObsession.blogs.comLisa.. I agree.. many of these works are not strong images of the photographers work. So this auction could result...<p>Lisa.. I agree.. many of these works are not strong images of the photographers work. So this auction could result in some bad precedents.<br />
We shall see!!</p>Lisa Hunter commented on 'REFCO Art Collection Liquidation'tag:typepad.com,2003:6a00d83451694c69e200d834b938fc69e22006-04-18T20:19:51Z2010-11-23T05:12:16ZLisa Hunterhttp://profile.typekey.com/lisahunterart/The danger in a very publicized auction like this one is that photographers whose work doesn't sell will be percieved...<p>The danger in a very publicized auction like this one is that photographers whose work doesn't sell will be percieved to be overhyped -- even if the pieces in the sale aren't their best. It's scary to see artists' careers hinging on whether the corporate collectors chose quality work or second-rate pieces. A lot of corporate and private collections would make you think [insert major artist name here] was a talentless hack.</p>