World’s largest collection of contemporary art goes under the hammer

Artworks collected by the Artist Pension Trust (APT) will go under the hammer for the first time since it was founded 13 years ago.

Works from a star-studded list of artists will be auctioned at Sotheby’s in New York and London in March and April this year. The lineup includes pieces by David Shrigley, Iván Navarro and Bob and Roberta Smith and carries an estimated value of £255,000 to £370,500Continue reading

Architects’ collective win Turner Prize

A cluster of red terrace houses doesn’t immediately call to mind award-winning contemporary art. But the Turner Prize has raised more than a few eyebrows since its inception in 1984 and this year’s winners appeared to have reinvented the competition once again.

They are the London-based architects’ collective Assemble who accepted the accolade at a ceremony in Glasgow last night (7 December). The winning work, entitled ‘Granby Four Streets’, is an urban regeneration project, which has seen the transformation of a rundown housing estate in Toxteth, Liverpool into a thriving community development. Continue reading

Developments at Sotheby’s: New CEO Appointed and Partnership with eBay Launched

Sotheby’s has announced that Tad Smith has been appointed as President and CEO, replacing William Ruprecht who resigned in November. Smith, who is 49, was formerly president and CEO of the Madison Square Garden Company. Chosen on the strength of his experience with brands and brand strategy rather than with auction houses, he told the media that he plans to implement a five-year plan for the company, which will include an accelerated adoption of new technologies. Continue reading

Richard Prince in trouble again for inappropriate appropriation

It seems a month doesn’t go by without another artist being accused of copyright infringement. This time it is the American artist Richard Prince. US art news site Hyperallergic reports that Gagosian Gallery, who represents the artist, has received cease and desist letters accusing Prince of the illegal use of a photograph titled Rastafarian Smoking a Joint, Jamaica shot by the photographer Donald Graham. It is believed that the letters, sent by lawyers on behalf of Graham, forbid the exhibition and distribution of the work in question and any other materials containing unauthorized reproductions of Graham’s work. Continue reading