Posts

Showing posts from October, 2008

My Almost Real Face

Image
Happy Halloween!

Halloween RegiaArt Video

Fewer American Art Collectors this Year at FIAC?

Image
Cosmic Galerie directors Claudia Cargnel and Frédéric Bugada.
Commenting on the crowds, Cosmic Galerie director Claudia Cargnel noted that there were far fewer American collectors this year.

But according to Berlin dealer Jan Wentrup, fewer outside collectors might not really be a problem: “London is play money, and Paris is serious money, serious collectors.” [read more at artforum]
_____________________________

Regia Marinho abstract painting

Is It a Very Chastened Art Market?

Image
"I think we’re going to find that this is a very chastened market," said former Federal Reserve chairman Alan Greenspan in testimony before the House Oversight and Government Reform Committee on Oct. 23, 2008.

The truth is that today's art market is a very global one, said Jussi Pylkkänen
President, Christie's Europe.

Top Five after the jump.


Go to regessionista by Regia Marinho regiaart.com

Artists Will Be Able to Experiment as Much as They Want

Image
Jerry Saltz
(artists)...They’ll be able to experiment as much as they want. 
Why? because artists love to create something new, but read more of the Jerry article at the New York magazine..

(...) Recessions are hard on people, but they are not hard on art. The forties, seventies, and the nineties, when money was scarce, were great periods, when the art world retracted but it was also reborn. New generations took the stage; new communities spawned energy; things opened up; deadwood washed away. With luck, New Museum curator Laura Hoptman’s wish will come true: “Art will flower and triumph not as a hobby, an investment, or a career, but as what it is and was—a life.”   by Jerry Saltz. read more [nymag.com]
regiaart.com drawing over Jerry photo.

At Contemporary Art Sales on Auction

Image
The auction market just delivered an unexpected message. Money remains available for art, lots of it, but the buyers are now calling the shots, not the sellers. Particularly not the auctionhouses, which have been playing a risky game for years in encouraging an artificial inflationary drive.

In just 10 days, auction houses thus received splendid news - money for art miraculously remains abundant - and a severe warning. Stop the old game of relentlessly hiking estimates in the hope that bullish buyers will meekly go along.

[from ...buyers are now running the show by Souren Melikian]

Souren Melikian is the art editor of the International Herald Tribune. He is based in Paris.
_______________________________


Regia Marinho large abstract painting.
regiaart.com

Art Sales at FIAC are Strong Especially Under €100,000.

Image
art advisers Thea Westreich

Sales at FIAC are strong, especially under €100,000.
Artworks mostly priced at less than 100,000 euros ($128,000) were being snapped up at the opening of a fair in Paris.
Among the VIPs spotted at FIAC’s opening were the Miami collectors Donald and Mera Rubell, San Francisco collectors Themis and Dare Michos, New York-based art advisers Thea Westreich and Todd Levin, Roxana Marcoci, a curator at the Museum of Modern Art, New York, and French collector Marcel Brient.

regiaart.com

Frieze Art Fair Still Exceeded Expectations

Image
The Frieze fair in London showed that the interest in contemporary art remains strong.
Art is very tangible, it’s not stocks.

R. Marinho painting

Roger Tatley from the Houser and Wirth gallery, based in Zurich and London, told CNN: “We were a little anxious, but this fair turned out to be the best we’ve had.” Houser and Wirth sold almost all its works in the booth including a Henry Moore piece for $2.7 million. Whilst Moore’s art represents the higher end of prices at Frieze; most works at the fair are cheaper than at auction houses, therefore reflecting a wider art-buying audience.[from cnn]
regiaart above, an original by Regia Marinho.

The Importance of Art for Wealth Management Firms

Image
The importance of art for banks and wealth management firms:
Art has a social dimension, explains Schweizer. Collectors want to represent their wealth..
I definitely believe the art advisory service belongs to the overall wealth management offer.
I don’t think it will be cut back, said Karl Schweizer.
He’s the managing director of UBS’ Art Banking, a service formed in 1997 out of UBS Wealth Management and based in Basel, Switzerland.

regiaart.com

Italian Collectors Buying Art

Image
Regia Marinho
20th Century Italian Art.
The Italian sale at Sotheby’s London today brought in £13,583,725 ($23,668,282) with 46 of the 52 lots (or 88.5%) sold.
Although the sale total is at the low end of the estimate, the strength of the Italian market in the midst of the uncertainty of the rest of the sales has to be a tonic. [sothebys]

regiaart.com

Mexican Art Collector Carlos Slim Second-Richest Man in the World

Image
Carlos Slim Helu
Age: 68
Fortune: self made
Source: telecom
Net Worth: $60.0 bil
Country Of Citizenship: Mexico
Residence: Mexico City , Mexico, Latin America
Industry: Communications
Marital Status: widowed, 6 children
Second-richest man in the world this year; even richer than Microsoft's Bill Gates, at least for now, thanks to
strong Mexican equities market and the performance of his wireless telephone company, America Movil. The son of a Lebanese immigrant, Slim made his first fortune in 1990 when he bought fixed line operator Telefonos de Mexico (Telmex) in a privatization. In December, America Movil struck a deal with Yahoo to provide mobile Web services to 16 countries in Latin America and the Caribbean.
A widower and father of six, Slim is a baseball fan and art collector.
He keeps his art collection in Mexico City's Museo Soumaya, which he named after his late wife.[from forbes].
http://www.carlosslim.com
http://www.soumaya.com.mx/
http://regiaart.com 
Above RegiaMarinh…

Art Collectors Susan and Michael Hort at the Frieze Art Fair

Image
Susan and Michael Hort spent a day at the Frieze Art Fair, London's biggest contemporary art show buying art from New York dealer David Zwirner.
Mr. Hort says he was tired but glad he put in the effort.
"At least it's happy in here now. It's all doom and gloom out there," he said.
_____________________________________

Regia Marinho painting on canvas

Five-Minute Decision Is Over in Art Buying

Image
“The days of the five-minute decision are over,” said Andreas Gegner, director of Monika Sprüth Philomene Magers’s London branch. “The guideline for the future is that quality works at good prices will sell, and bad pieces won’t.” [from artinfo]

Five-Minute Decision Is Over in Art Buying.
Find an artwork you will love on the Internet.Take as much time as you want looking to the painting Show your friends, send via email
Put on your blog, create a new blog for art collecting, go to blogger.com
Ask people for commentscontact the artist with your questionsask for more pictures, materials,about price, shipping how long it takes to receiveBuy it! Hang it!Make a party and show it to your friends.If you choose regiaart.com, after you pay via paypal it takes from 3-5 days USPS priority delivery to your door.
Videos of Regia Marinho way of drawings at http://www.youtube.com/regiaart

Regia Marinho mixed media on canvas 24x24 inches ASK FOR PRICE send email to: regiaart@gmail.com

The Art of RegiaArt

Image
What type of artwork are you interested in?
But isn't it a little superficial to worry about finding art that will match your decor? Not at all:
"Everybody apologizes for wanting a blue painting to go over their blue sofa, but you shouldn't be ashamed of that,"
"After all, it's got to go somewhere." ...read more
[from smartmoney.com]
paintings by Regia Marinho @ regiaart.com youtube.com/regiaart

Corporate Art Collections - Art as an Asset

Image
Daniel Grant talk about corporate art collections in the wake of the Lehman bankruptcy.

Companies in trouble sell whatever can raise them money, and art collections are but one more asset. Arthur Andersen, the accounting firm brought down by the Enron scandal, for instance, turned two floors of its Chicago offices into a gallery showroom in 2002, selling more than 2,000 artworks over a five-day period. In 2006, the New York futures broker Refco Inc., which filed for bankruptcy protection the previous year while under investigation for hiding $430 million in debt, sold 321 photographs for $9.7 million at Christie’s auction house over a three-day period. [read more at the wsj]

Regia Marinho abstract painting.
regiaart@gmail.com
regiaart.com

Keep Buying Art

Image
Roland Berger is the German management consultant. If Your Management Consultant Tells You the Art Market Will be Fine, Do You Keep Buying?

Roland Berger is the second-biggest management consultancy in Germany after the U.S. firm McKinsey & Co., Roland Berger Strategy Consultants has clients including Deutsche Telekom AG, Deutsche Lufthansa AG, Deutsche Bank AG, Daimler AG and Siemens AG. The walls of its Munich headquarters are adorned with mostly abstract works.

...Of course I have to like it, but I also have to have the impression that the artist is original, not copying someoneelse's ideas. It must also be technically well produced. Last but not least, it has to say something.

Berger buy contemporary art from still unknown artists that is relatively cheap.

He set up a corporate collection that now comprises about 800 works, displayed in the company's offices worldwide. [from bloomberg]

regiaart.com

Phillips de Pury Auction House Sold

Image
Auction house Phillips de Pury  has been sold to Mercury, a Moscow-based luxury goods group.
Phillip's founder Simon de Pury will still remain as chairman and will have a share in the company.
This isn't Phillips's first spin with a luxury conglomerate, it was was briefly owned by LVMH.
For Phillips, the new owners will provide a big influx of capital so that Phillips can continue adding to their contemporary art auctions and it will also likely bring some important auctions to Moscow. [from ft.com]
______________________________

regiaart.com
regiaart auction

Buying and Selling Art During These Volatile Times?

Image
Steven Cohen hedged his fortunes during volatile times by buying and selling art. 
Secretive hedge fund tycoon Cohen is believed to have spent more than $500 million in the past five years to build a collection now valued at more than $1 billion. [from forbes]

regiaart.com for more artwork

Does This RegiaArt Painting Fit Well in A $99 Million Moscow Townhouse?

Image
An unnamed Russian billionaire has splashed out $99 million on an ultra-luxe Moscow penthouse around the corner from the Kremlin. The seven-story, 14,000-sq.-ft. oligarch's aerie features five bedrooms, five baths, an indoor pool, separate children's floor and winter garden on the roof. It's located in the chic Chistie Prudy Residence complex, which has underground parking, private security and a water purification system.
Does this abstract RegiaArt fit well in this penthouse?.....
Regia Marinho 24x24 in./ 61x61 cm Like it? Get it Here