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Showing posts from September, 2008

Art Is Trusted Above Real Estate

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The superrich need somewhere to put their money, and they’re pouring it into art. We are entering a world where art is trusted above real estate and General Motors, says art-market expert Godfrey Barker.


Regia Marinho painting  regiaart.com

Home Is Where The Nest Is

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Regia Marinho
The Bird NEST

24x24 inches
mixed media on canvas GO HERE TO GET IT Some birds will build nests in trees, some will build them on rocky ledges, and others nest on the ground or in
burrows.
Generally each species has a distinctive style of nest. Nests can be found in many different habitats.
Nests are built primarily by birds, but also by mammals, fish, insects and reptiles.

Lynda and Stewart Resnick to give $45 million to the Los Angeles County Museum of Art

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Lynda and Stewart Resnick a Los Angeles philanthropic couple will give a gift to the Los Angeles County Museum of Art and be honored with a new exhibition pavilion bearing their names.
The Resnicks, who own both the Fiji Water and Pom Wonderful brands will give $45 million for new LACMA pavilion designed by architect Renzo Piano.
The Resnicks, longtime art collectors, have also promised LACMA unspecified gifts of art valued at $10 million.
[from latimes]
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GET IT HERE  Regia Marinho original abstract painting regiaart.com

Billionaire Pinchuk Names Art Center Director

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Steel billionaire Victor Pinchuk named Eckhard Schneider director of his Kiev art center.


The Pinchuk Center opened in September 2006 as the first private museum of contemporary art in the former Soviet Union. Since then, it has had 300,000 visitors.
Victor Pinchuk is having a great impact on the market, said Simon de Pury, chairman of the auction house Phillips de Pury & Co.
Ever since he opened the center, others in Ukraine and Russia have emulated him and taken an interest in contemporary art. 

The contemporary art market in both Ukraine and Russia has really taken off in the past two years, and I expect this growth to continue, De Pury of Phillips said.  [from bloomberg]

regiaart.com

Focus Is The Answer For Success?

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Warren Buffett was asked for the secret of their success, he and his friend Bill Gates both gave the same answer: “Focus”. ... “Intensity is the price of excellence.”
[from ft.com]

You may use this great RegiaArt painting to remember you to be Focus.
Regia Marinho FOCUS Original Abstract Painting This cool painting is 24" x 30" inches. BUY IT HERE

Pricing Artwork is Almost a Science Right Now

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BLUE NOISE OVER MY HEAD Regia Marinho 24 x 36 inches Does the noise in my head bother you?
O barulho da minha cabeca te incomoda?

While sales may be slower, the economy is yet to affect public interest in contemporary art.
Collectors jumped on the works, priced between $2,500 and $3,500.

This painting is HERE for you to grab

Collector Kathy Fuld Sells Drawings at Auction

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"Untitled", ink on paper by Barnett Newman.

Kathy Fuld, the art-collecting wife of Lehman Brothers Holdings Inc. Chief Executive Officer Richard Fuld, is selling a $20 million set of rare Abstract Expressionist drawings at a November auction, according to two art dealers.
The collector considers drawing as a primary art form.
Fuld is well known in the art world for her passion for works on paper.
One of the works, Newman's 1960 black-and-white ink-on-paper "Untitled'' is expected to fetch up to $2 million.
The drawings are mostly abstract and minimalist examples from the midcentury New York School of artists.

"Woman", graphite, charcoal, pastel and oil on paper by de Kooning. ___________________________________________________________________

"Man", ink on paper by Regiaart.

Regia Art Show What's the Point?

Regia drawing over a Sunday New York Times article and making video in public space.
Created and produced by Regia Marinho. regiaart.com

Dear next president, What can you do to make people afford to buy art?

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My question: Dear next president, What can you do to make people afford to buy art?

Abstract expressionist Regia Marinho
acrylic on canvas painting, 1990
regiaart.com

How to Cash Out of that Overpriced Painting

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In case you want to sell your expensive artwork and buy several pieces of regiaart...
Cashing out can be done through a gallery, an auction house or maybe eBay, or a private dealer.
1 - gallery
If you purchased it from a gallery that has a relationship with the artist, they may be willing to reacquire it quickly, says Judith Selkowitz, who runs the Art Advisory Services in New York.
2- auction
Go for an auction house if you need a guaranteed sale by a specific date.
Commissions can be as high as 10 percent.
Also you can go to eBay to sell your artwork, you may run your auction as many times you need to sell your piece. Contact me if you need help on this.
http://www.christies.com/
http://www.sothebys.com/
http://www.phillipsdepury.com/
http://www.bonhams.com/
http://www.doylenewyork.com
http://www.ebay.com
http://www.swanngalleries.com/
3 - private dealer
With a private dealer, expect to pay a 20 percent commission for works under $1 million.

[portfolio.com]
__________________
Regia Marinho
W…

Russian Foreign Minister Sergei Lavrov - Portrait of Power For the Rich Russian Art Collector

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Russia is the world’s second-biggest oil exporter. According to Forbes, the number of Russian billionaires jumped to 110 in 2008 from 36 in 2004. This new wealthy class is eager to spend on luxury items and fine art.



People are looking for a way to invest and enjoy investing, and art is a great way to do that,' said Victoria Gelfand, director of Gagosian's London gallery who heads operations with Russia.

Gagosian's Moscow opening came a day after Dasha Zhukova and billionaire Roman Abramovich opened the Garage Center for Contemporary Culture, a non-profit organization that will promote contemporary art and culture in Russia. [from bloomberg]



REGIA MARINHO SERGEI LAVROV, Portrait of Power acrylic on canvas, 1998/9

This huge painting is available direct from the artist.

The picture above shows Mr. Sergei Lavrov with other member of the Security Council at the United Nations Press Club.

It's a huge portrait of the Russian Foreign Minister Mr. Lavrov created by artist Regia Mari…

dear flower, beauty is in the eye of the beholder

Regia Art Show of Drawing. Beauty is in the eye of the beholder.
Regia drawing over a New York Times ad, and making video in public space.
Created and produced by Regia Marinho. regiaart.com

Why is so Important Buying Art Direct from the Artist?

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Did you hear about China's art fakes?
(picture) Replicas of contemporary Chinese paintings are offered for sale in Dafen, known as an art reproduction village, in Shenzhen, China.

Factory for Fakes exist in Dafen a village in a suburb of Shenzhen, southern China.
Millions of Knockoffs - workers here produce Rembrandts, Monets and Warhols -- by the millions. Of the nearly 5 million paintings produced at Dafen each year, almost 75 percent are knockoffs. Dafen back in 1989 - China born, Hong Kong businessman Huang Jiang arrived with 26 artists  seeking a cheap base from which to complete orders placed by Wal-Mart Stores Inc. and Kmart for more than 10,000 oil paintings. Last year, Dafen sold 430 million yuan of art, nearly double 2005 levels, according to the village management office. Chen, who paints original pictures, said he doesn't feel guilty copying other artists' works.  government introduced intellectual property rules that bar galleries from selling copies of works b…

Art Investment Could Well Be The Pension Funds of the Future

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Despite the financial markets being in turmoil and fears of a recession, Hirst's auction proved that there are still plenty with money to spend. We see no sign of a slowdown in spending, but their buying patterns do suggest that funds are diverting into more tangible, safer goods like art, jewelery and cars. We've insured more £1 million classic cars and diamond rings this year than in the past. As well as bringing enjoyment, these investments could well be the pension funds of the future.Simon Mobey, personal lines manager for UK & Ireland of Chubb Insurance, an insurer of the ultra-wealthy, said. [from wealth-bulletin]
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regiaart.com

Norman Braman One of the Richest Americans

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Mr. and Mrs. Norman Braman Newcomer to Forbes The 400 Richest Americans. Norman Braman, the car dealer and art collector.
Norman Braman
Source Service, Self made, Age 76
Marital Status Married, 2 children
Hometown Miami, FL, United States
Education Temple University, Bachelor of Arts / Science

Swelling contemporary art market bumps Braman onto The Forbes 400; spectacular collection-worth an estimated $1 billion. They live 24/7 with art.
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Regia Marinho painting, regiaart.com

Christie's Is Going Into The Gallery Business

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Christie's auction house is going into the gallery business.
Last year, Christie's International (The Group), the parent company of the London-based auctioneer, bought cutting-edge London gallery Haunch of Venison.
Friday, backed by Christie's billionaire owner, Francois Pinault, it opened a huge satellite gallery in New York with an impressive array of Abstract Expressionist masterworks on loan from top museums and collectors.
Christie's stresses that Haunch of Venison's gallery business of representing artists and their estates is managed independently from the auction house. [read more here]
_____________________ regiaart.com

FISH THAT GLOW RED RegiaArt Original Painting

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Plenty of reef creatures fluoresce red, even where seawater absorbs red sunlight.

[from science news]


Regia Marinho
FISH THAT GLOW RED
24x30 inches
mixed media on canvas
Original painting 
BUY IT HERE

from Regia Marinho @ regiaart.com

Google Sergei Brin Pays $8 M for Village Duplex

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Congrats for your new home in New York, Sergey Brin and Anne Wojcicki.
No, I don't take art commissions. Instead, let me know how much you're willing to spend with regiaart and the size of the artworks. I show you what I have now.
I'll be glad to help you out. Love, Regia. regiaart@gmail.com  regiaart.com

Art sale defies Wall Street

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Damien Hirst Art sale defies Wall Street.
In a gamble that could have ramifications for other artists, Hirst was bypassing his dealers - the Gagosian Gallery, based in the United States, and White Cube, based in London - and taking his work straight to Sothebys auction with a sale that began here on Monday night and was to conclude on Tuesday.

The bet was paying off: The first session's total was $127.2 million, above the high estimate of $112 million.

A crowd of collectors, dealers, celebrities was waiting the doors open. All three members of the Mugrabi family was at the Sothebys sale in London.


Jose Mugrabi, a New York dealer, said: "Today people believe more in art than the stock market. At least it's something you can enjoy." (at the Hirst sale) [from Herald Tribune]
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Where is the Art?



... with Regia Marinho @ regiaart.com

Hirst The Golden Calf Sold for £10,345,250

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The top seller was lot 13, The Golden Calf (2008), a calf-in-formaldehyde-in-gold-plated-case that earned £10,345,250 ($18,661,796), just beating out (in pounds) the old Hirst record set at Sotheby’s London in June 2007, when Lullaby Spring went for £9,652,796 ($19,075,098).

DAMIEN HIRST big success sales today at Sothebys in London.

Peace and serenity now reign throughout art-market land. [culturegrrl]
________________ regiaart.com

regiaart@gmail.cm

Hirst Fragments of Paradise Sold for 5,2 Million GBP

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Successful Sothebys Hirst art auction in London today.
Lot 51- Fragments of Paradise
stainless steel and glass with manufactured diamonds
estimate 1,000,000 – 1,500,000 GBP
Lot Sold. Hammer Price with Buyer's Premium: 5,193,250 GBP
measurements
183.3 by 275.5 by 10cm.
alternate measurements
72 1/8 by 108 1/2 by 4in.

Sothebys Hirst Auction in Realtime

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Realtime Damien Hirst today auction at Sothebys here at 2PM New York time. (It's a 7 p.m. sale in London.)
sothebys.com
DAMIEN HIRST
CALM
400,000—600,000 GBP
Updating : Lot Sold. Hammer Price with Buyer's Premium: 679,650 GBP
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REGIA MARINHO
THE PLACE WHERE BUTTERFLIES COME FROM
regiaart@gmail.com
regiaart.com

CHANEL Abstract Artwork

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Chanel has recently unveiled two new retail environments at Saks Fifth Avenue’s New York Flagship store.
The newly renovated Fragrance and Beauté counter will offer consumers an exclusive environment to experience the world of Chanel in an innovative way. Chanel Ready to Wear will be available in the newly designed third floor boutique along with an expanded Accessories area on the first floor. [from Beauty in real life]

CHANEL original abstract painting is here to enrich your life with color.
love, Regia - regiaart.om

Who are the biggest contemporary art collector in Brazil?

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Richest in BrazilRank

NameNet worth($bil)1Antonio Ermirio de Moraes & family 10.0 2Joseph Safra 8.8 3Eike Batista 6.6 4Dorothea Steinbruch & family 6.1 5Jorge Paulo Lemann 5.8 6Eliezer Steinbruch & family 4.0 7Aloysio de Andrade Faria 3.7 8Moise Safra 2.8 9Marcel Herrmann Telles 2.5 10Carlos Alberto Sicupira 2.3 11Elie Horn 2.1 12Abilio dos Santos Diniz 2.0 13Liu Ming Chung 1.9 14Julio Bozano 1.7 15Jayme Garfinkel 1.4 16Guilherme Peirao Leal 1.2 17Antonio Luiz Seabra 1.2 18Rubens Ometto Silveira Mello 1.0 These are people that could create private museums and promote Brazilian art.
But, they are doing that?
Who are the biggest contemporary art collector in Brazil?
I appreciate your answer.
Quem mais coleciona arte contemporanea no Brazil? voce sabe? Diga-nos.
Above Regia Marinho paintings.

Art is a Better Investment than Bling?

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Art does have, intrinsic value, namely the highest possible: beauty.
There are no daily quotations for a painting on one’s wall as for shares or bonds, and investing in art means knowledge. [ft.com]

A husband of a wealthy divorcee had paid about $1.7 million for her collection of precious-stone necklaces, bracelets, rings and earrings.
Since the stash wasn’t among the assets contested in the divorce, she set out shortly after their separation to sell it off to a consignment shop or auction house. (She kept receipts and boxes for everything).
The best price she could get for the whole lot was $400,000. That means the jewelry lost nearly three-quarters of its purchase price. Bling, in other words, is a bad investment. [from wsj]

Investing in art is much better. Find Regia Marinho's pieces at regiaart.com

Where to Go in the World to Bump Into a Millionaire?

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Tiny Singapore rules the world when it comes to the highest concentration.

Where is Singapore? (see map)
Capital: Singapore City
1°17′N 103°51′E
Official languages: English, Malay, Mandarin, Tamil.
Being less than 150 km north of the equator, visitors to Singapore can enjoy sun and heat all year around.
Singaporeans love to eat, over 90% of Singaporeans live in public housing, usually in huge apartment buildings (up to 20 floors)...OMG.

Your top 5 places to have the highest chance of bumping a millionaire:
1 — Singapore — 10.6%
2 — Qatar — 7.9%
3 — Switzerland — 7.3%
4 — United Arab Emirates — 6.6%
5 — Kuwait — 5.3%

According to Boston Consulting Group’s latest Global Wealth report, as for cities with the largest number of millionaires, nine of the top 15 are in the U.S., with New York topping the list, followed by London, Tokyo, Los Angeles and Chicago.
The U.S. have the largest number of millionaires.

Thomas Campbell is the Metropolitan Museum New Director and CEO

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The Metropolitan Museum of Art announced today that Thomas P. Campbell has been elected its next Director and CEO, succeeding Philippe de Montebello.

Thomas Campbell is an accomplished curator with a specialty in European tapestry who has worked at the Museum since 1995.

Mr. Campbell, who organized the groundbreaking and widely acclaimed exhibitions Tapestry in the Renaissance: Art and Magnificence (2002) and Tapestry in the Baroque: Threads of Splendor (2007), is currently Curator in the Department of European Sculpture and Decorative Arts as well as Supervising Curator of the Museum's Antonio Ratti Textile Center.

He was elected at today's meeting of the Board of Trustees and will assume the directorship of the Metropolitan Museum on January 1, 2009.

Thomas P. Campbell, 46, was born and raised in Cambridge, England. He received his B.A. in English language and literature from the University of Oxford in 1984, followed by a Diploma from Christie's Fine and Decorative Arts cou…

MoMA's New Chief Curator of Painting and Sculpture is Ann Temkin

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John Elderfield has spent 30 years hunting down works for the Museum of Modern Art.

Ann Temkin will succeed John Elderfield as chief curator of painting and sculpture at the Museum of Modern Art.

Temkin has worked at MoMA since 2003 as a curator of a painting and sculpture, playing a key role in the acquisition of important works by both established and younger artists, planning and implementing the reinstallation of MoMA's painting and sculpture collection in 2004, and organizing numerous exhibitions.
She worked as a curatorial assistant at MoMA from 1984 to 1987 and a curator of modern and contemporary art at the Philadelphia Museum of Art from 1990 to 2003. [from artinfo]

striking regiaart.com

Julius Baer Invests in Contemporary Art

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Raymond Baer, the chairman of Julius Baer Holding AG.
The Switzerland's biggest independent money manager has one of the largest collections of Swiss contemporary art, with about 4,500 works adorning the walls of Julius Baer branches worldwide. Some are currently on show at Art Masters St. Moritz until Sept. 7.
For Baer, the bank's art collection is a passion, not an investment, and he wants to keep it that way. Unlike its competitors Deutsche Bank AG and UBS AG, Julius Baer has no art investing department in its wealth management division. [from bloomberg]
Above Regia Marinho painting.

Regia Art Show - Never Gonne Give You Up

Rick Roll - Regia Art Show

regiaart.com

REGIA SHOW Saks Fifth Avenue In Line Earnings Art

regiaart.com
It's a public space video/draw over the New York Times by Regia Marinho.