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The most influential of them, the Gagosian Gallery, Pace Gallery, Hauser & Wirth, Galerie Thaddaeus Ropac, and or the David Zwirner Gallery, share a set of features that have brought them to the top. Attention to current trends, ability to adapt, financial motivation of employees, or sophisticated corporate governance, are just the tip of the iceberg.
Art advisor and curator Nico Epstein shares his insights about this year´s 59th edition, curated by Cecilia Alemani titled Milk of dreams.
This show brings together a broad range of works that present Bacon's mastery at capturing the inner torments of his subjects by exposing the untamed 'beasts' within all of us.
"Although it might sound trivial, the most important factor is that you actually like the work. There is absolutely no point in investing in something you feel nothing for simply because you hope that its value will be significantly higher one day," says the head of the Czech branch of the CEC Group international consulting firm.
Ans Azura is a digital platform that highlights both internationally renowned as well as lesser-seen post-war and contemporary artworks from this region. Suzana Vasilescu co-founded this online auction house and gallery, with the intent to garner better visibility and understanding for artists who have been overlooked by the Western market.
Kolíbal, Dopitová, Kintera, and Sceranková: the names whose works were chosen by the team of experts at a new fund whose aim it is to seek out and buy leading pieces of contemporary Czech and foreign art for its investors.
Let's remember the headlines of 2021, much of which point to the art market's rapid digitalization. This year will definitely be marked and cherished as a breakthrough in digital art history.
“An artwork isn´t really the same thing as a car. It is called art when someone puts their energy into it," Lenka Sýkorová explains the reason why works of art shouldn´t be considered solely as an investment opportunity.
The physical presence of Asian and American collectors in London during Frieze Week was certainly not as low as it was at the recent Art Basel fair. „I felt like there was a real return to more traditional painterly qualities," said contemporary art advisor Bojana Popovic.
“In recent years, I have been very impressed by Bulgarian contemporary art scene. Much has been achieved in big parts through initiatives and the work of female protagonists.”
During the six-month programme, our group of EduArt lovers learned about the international art market from six renowned specialists through online group sessions and experienced art first-hand at various locations in Prague.
Art collector Branislav Radeljic talked to us about his passion for art and explained what art collecting means to him.
Leading expert on the Czech art market and the author of the ART+ annual report, Jan Skřivánek, revealed the key findings of 2020. Despite the pandemic, collectors spent more than a billion crowns at auctions last year. Two price records for Czech artworks were set.
Artnet News has informed us about a new book by Pierre Lemarquis explaining how we need "medicine that’s a little artistic."
The art market follows rules of its own, independently of other markets. Therefore, art offers a unique way to diversify a wider investment portfolio. The advantage of art is that unlike graphs and tables, you can enjoy it and perhaps form a personal and emotional connection with it.
“Every day we are to a great extent surrounded by homogeneous areas with sharp, unfriendly edges. Art can nicely balance out this visual experience for us."
“To reach truly international level, the local art scenes need to invest in attracting and encouraging new and existing collectors to support their artists and galleries.”
„I am quite confident that many people will be ready to travel in order to visit art events once they become easily accessible again. Nothing will replace seeing and experiencing art in the flesh.”
“Today's art world is a huge bubble in which you won´t succeed alone if you truly wish to grow and attract new collectors,” says Czech contemporary artist Hynek Martinec, who is represented by London based gallery Parafin.
"If there truly was prior knowledge of what was going to happen, I am sure it would have leaked. Rumours spread fast in companies like Sotheby's."
“The value of this piece lies in its use of six colours, a number which is not easy to print as each shade needs to be applied separately. The more colours you use, the higher the risk that the design won´t fit correctly on the paper.”
„The more you learn the more you gain a better understanding of what is happening in today’s art world,“ said the ingenious gallerist Thaddaeus Ropac to Barbora Půlpánová in the interview for Christie´s Education in London.
“There is no tool between me and the material I use. I choose it with my hands. I shape it with my hands. My hands transmit my energy to it.”
“Now is the right time to rethink current art business strategies in Central Europe, a region still predominantly focused on national markets with few international interactions,” mentioned Anna Povejšilová and Barbora Půlpánová in their opinion piece for the Aspen Institute Annual Conference Booklet.
“The paradigm, where a gallery exhibits inventory online in a more sophisticated way, before presenting the works in a local venue, will increasingly become the new normal both for fairs and for art viewing in general.”