Art World News

Monaco Enhances Art Market Attractiveness with Resale Right Reform…

Monaco Enhances Art Market Attractiveness with Resale Right Reform…
image

Monaco has taken a significant step towards aligning its art market with European standards and boosting its appeal through the enactment of Law n°1.526 and the subsequent clarification provided by Sovereign Order n°10.300, announced on 22 December 2023. This reform aims to modernize the resale right, benefiting both Monegasque and foreign authors who meet specific residency or nationality criteria, thus fostering a more vibrant cultural economy within the Principality.

Advertisment

Clarifications and Amendments

The introduction of Sovereign Order n°10.300 brings crucial clarifications and amendments to Monaco’s resale right regulations. Notably, the resale right now applies solely to VAT-subjected sales exceeding €750, with exemptions under certain conditions to encourage the circulation of artworks. Moreover, the Order stipulates stricter requirements for art market professionals, ensuring authors receive their rightful share from subsequent sales, and outlines the prerequisites for collective management organizations authorized to collect these rights on behalf of authors.

Collective Management Organizations

Advertisment

Central to the reform is the provision for collective management organizations, authorized by the Minister of State, to oversee the collection and distribution of resale rights. These entities play a pivotal role in safeguarding authors’ interests, requiring them to demonstrate professional competence, the ability to inform rightsholders, and uphold integrity. The regulation also accommodates organizations based outside Monaco, provided they appoint a locally domiciled representative, thereby expanding the scope for international collaboration in rights management.

Implications for the Art Market

This legislative reform, culminating in Sovereign Order n°10.300, marks a significant advancement in Monaco’s commitment to enhancing the attractiveness of its art market while ensuring fair compensation for creators. By aligning with European standards and introducing clear, enforceable guidelines for resale rights, Monaco positions itself as a competitive and reputable hub for art trade. This development not only benefits authors but also contributes to a transparent, dynamic market ecosystem that attracts buyers, sellers, and collectors worldwide.

The Sovereign Order of 5 January 2024 further underlines Monaco’s dedication to reinforcing authors’ rights and modernizing intellectual property regulations. Together with the bill of law n°1045, these initiatives signify a broader effort to recognize and regulate the ownership of intellectual works, fostering a culture of innovation and creativity in the Principality.

A Colossal Conversation: Nadya Tolokonnikova on Pussy Riot, Life as Performance Art, and How Anonymity is Her Strength

A Colossal Conversation: Nadya Tolokonnikova on Pussy Riot, Life as Performance Art, and How Anonymity is Her Strength

All images courtesy of the artist, shared with permission

Nadya Tolokonnikova created Pussy Riot in 2011 partly in response to Vladimir Putin’s declaration that he would continue his reign over Russia. In 2012, when she and her collaborators undertook their now-famous performance at the Cathedral of Christ the Saviour, she was infamously sentenced to two years in prison, vaulting the art collective to international fame.

I sat down with Nadya for a conversation one Saturday in February 2024, more than a decade since Pussy Riot’s founding. We discuss the ways performance art and activism are uniquely matched, why she chooses to live geo-anonymously, and her grand utopian plans, which include becoming the matriarch of the Church of Feminism.

Read the conversation.

 

four women in dresses and colorful balaclavas protest in a church

From the action ‘Punk Prayer,’ Cathedral of Christ the Savior, Moscow (2012). Photo by Mitya Aleshkovsky

Do stories and artists like this matter to you? Become a Colossal Member today and support independent arts publishing for as little as $5 per month. The article A Colossal Conversation: Nadya Tolokonnikova on Pussy Riot, Life as Performance Art, and How Anonymity is Her Strength appeared first on Colossal.

First Friday Art Market showcases local artists at Fizz Ed

First Friday Art Market showcases local artists at Fizz Ed

$1161

$5000

Contributed

Our Goal

Submitting donation…


Thank you for your donation! Your donation supports the student journalists of The Appalachian at Appalachian State University. Your contribution will help us cover some of our operational costs, and continue to provide professional development opportunities for our students at App State. Thank you for your support of local journalism, and thank you for reading and following The Appalachian!

There was an issue submitting your request.

Communal Art-Making Is at the Core of Sanaa Gateja’s Monumental Paper Bead Tapestries

Communal Art-Making Is at the Core of Sanaa Gateja’s Monumental Paper Bead Tapestries

“Girls Voice” (2021), paper beads on barkcloth, 49 × 33½ inches. All images courtesy of Karma, shared with permission

For Sanaa Gateja, the pan-African philosophy of ubuntu—translating to “I am because we are,” the idea that society is what gives people humanity—is one of the most profound manifestations of art. Living and working in Kampala, Uganda, Gateja heads the Kwetu Africa Art and Development Centre, an organization he founded in the early 1990s. The center trains and employs about 15 people, who create small beads from post-consumer paper that the artist then stitches into large-scale tapestries.

Gateja’s preferred materials are vintage advertisements, political posters, outdated textbooks, and other colorful printed ephemera, which are hand-rolled, dyed, and cut to about three-quarters of an inch. The artist sews each component onto barkcloth, creating abstract compositions that evoke garden plots and rituals.

Works like “Voices of Peace” depict an anonymous congregation, with fiery botanicals brightening the background. Many of Gateja’s pieces advocate for environmental and social protections and speak to personal sufficiency and growth, the latter of which are intricately bound up with both nature and society as a whole.

Whether in the fragmented texts and imagery encased in the beads or the communal-making process, the tapestries encompass a mélange of tastes, preferences, and ideologies, all passed through the hands of several individuals before emerging in the final works. Nothing goes to waste, Gateja tells BOMB  in an interview, elaborating on his process:

I work on the floor. When I’m conceptualizing, I kneel and start to sketch; then I put beads on the barkcloth. I will start drawing the piece with chalk. Chalk allows me to go back and make changes. So, I’m on the floor. I have water jugs full of beads. Those with colors that don’t fit my plan, I will paint over. Painting comes at the end…I call my way of working “unit construction.” The bead is one unit, which is a sculpture. I look at the bead by itself as a complete sculpture.

Gateja is currently working toward a solo show titled NOURISHMENT, which will run from March 22 to May 18 at Karma in Los Angeles. Find more about his work on the gallery’s site.

 

abstract figures in red, orange, and yellow congregate in an embrace

“Look over Yonder” (2020), paper beads on barkcloth, 83¼ × 65¼ inches

a flower pot with green leaves and yellow flowers

“Home” (2021), paper, acrylic stitched on bark cloth, 82⅝ × 66⅞ inches

abstract figures stand together with fire-like plant growths above

“Voices of Peace” (2023), paper beads on barkcloth, 80 × 62½ inches

an abstract tree like floral form in orange, yellow, and green

“Thirst,” no date, paper, acrylic, natural dyes, stitching on bark cloth, 90½ × 59 inches

an abstract work with red and purple starfish like forms on a brown and yellow dotted backdrop

“Soil Fertility” (2023), paper beads on barkcloth, 49¾ × 59½ inches

Do stories and artists like this matter to you? Become a Colossal Member today and support independent arts publishing for as little as $5 per month. The article Communal Art-Making Is at the Core of Sanaa Gateja’s Monumental Paper Bead Tapestries appeared first on Colossal.

Wander Through the Joyous ‘Elysian Arcs,’ a New Prismatic Inflatable Installation by Atelier Sisu

Wander Through the Joyous ‘Elysian Arcs,’ a New Prismatic Inflatable Installation by Atelier Sisu

Photos by David Levene. All images © Atelier Sisu, shared with permission

Through a vibrant expression of joy, Atelier Sisu’s newest installation at the Leadenhall Building in central London counters feelings of anxiety and the tribulations of upheaval. “The world is at the precipice of change,” say Renzo B. Larriviere and Zara Pasfield of the Sydney-based studio. “This change can be felt from all directions, from climatic influences, political feuds, economic fluctuations, and social pressures.”

“Elysian Arcs” is part of RECHARGE 2024, an initiative responding to concerning trends in the mental health of London’s young professionals. Following the duo’s installation titled “Evanescent” in the same location last year, the new iteration incorporates the playfulness of their self-described “bubble-tecture” along with rainbow-like arches that gleam with a pastel sheen.

During the past year, Larriviere and Pasfield have been exploring the possibilities of dichroic materials and curvatures, which lends the iridescence evocative of soap bubbles. The surface of “Elysian Arcs” is designed to allow light to move across both the external and internal surfaces in a way that produces the greatest array of colors, which shift as one moves around or through the piece.

“We really believe in the democratisation of art and architecture, bringing art out of the gallery and into the everyday public realm—bridging the gap between cultural institutions and the urban fabric,” Atelier Sisu says. “With today’s ever-evolving technologies, we, as designers, have the capacity to change our traditional perception of what public spaces can be and how we are able to enhance and experience them.”

“Elysian Arcs” is on view through March 15. See more on the studio’s website.

 

People walk through an inflatable installation in the Leadenhall Building in London.

Looking up at a colorful inflatable arch installation inside a modern building in London.

An inflatable installation of arches and spheres that have a soap bubble-like appearance inside a modern building in London.  Looking up at an inflatable installation of arches and spheres inside a modern building.

Looking up at an inflatable installation of arches and spheres inside a modern London building.

Do stories and artists like this matter to you? Become a Colossal Member today and support independent arts publishing for as little as $5 per month. The article Wander Through the Joyous ‘Elysian Arcs,’ a New Prismatic Inflatable Installation by Atelier Sisu appeared first on Colossal.

A sleeper awakes: how a painting sold for £100 turned out to be a Turner

A sleeper awakes: how a painting sold for £100 turned out to be a Turner

How many people dream of finding a work by a great master in a clearance sale for next to nothing? The latest example to come to light is an atmospheric architectural watercolour of a slightly dilapidated ecclesiastical building that was part of a stack of pictures found in the clearance sale of a Georgian mansion in Suffolk at the start of the 1990s. The cost was a mere £100, but despite not knowing who the artist was, the buyer, who wishes to remain anonymous, liked it enough to hang it in their dining room for the next 30 years.

The only clue as to its authorship was the name W Turner that was inscribed on the reverse. The buyer occasionally entertained thoughts that this might conceivably be by the one and only Joseph Mallord William Turner, and eventually got round to checking through Tate’s Turner Bequest of thousands of paintings and sketches which the artist left to the nation when he died in 1851. There, in the South Wales Sketchbook, they discovered a similar but less developed drawing of a chapel attached to St Davids Cathedral in Pembrokeshire, made on a tour of Wales in 1795 when Turner was just 20 years old.

Turner had been exhibiting at the Royal Academy from the age of 15 and was much in demand, along with Thomas Girtin, making romantic topographical views and copies of more established artists. Many of his subjects were architectural, bearing the hallmarks of his training as an architectural draughtsman.

From 1791, he travelled around Britain on summer sketching tours, sometimes working his sketches up into finished works for clients. Of his Welsh trip in the summer of 1795, he noted in his sketchbook that he set off from Wells in Somerset, and visited Picton Castle just before St Davids. From Haverfordwest, Turner travelled “36 miles and back” and noted, with some disappointment, “no inn”. Turner designated all places with good inns along the way with an ‘x’ so he would know where he could stay.

So, could the clearance sale watercolour be a previously unrecorded work by Turner? A research trip to Pembrokeshire by the new owner was inconclusive as the chapel had undergone significant repair work since Turner’s visit, and because the painter had taken some artistic licence with the viewpoint. The owner approached local auctioneer Cheffins in Cambridge, which had, last March, sold a rediscovered early Welsh view of Chepstow Castle by Turner for £93,375 to Chepstow Museum. Turner’s early topographical works do not fetch as much as his later Swiss mountain views, which can fetch millions. But the best, most romantic early views, such as one of Caernarvon Castle in 1798, have sold for nearly £500,000.



Bishop Vaughan's Chapel, by JMW Turner


Bishop Vaughan’s Chapel, by JMW Turner

As it did with Chepstow Castle, Cheffins called in Andrew Wilton, the first curator of the Clore Gallery for the Turner Collection at Tate Britain, who recognised it as a Turner and in perfect condition. He confirmed that it was a highly finished drawing by Turner that would have been worked up from his sketch back in his London studio after his return from Wales, and that the signature and location notes were in his own handwriting. The view, in fact, depicts with intricate detail and accuracy the entrance to a chapel built in 1509 for Bishop Edward Vaughan as his burial place.

Wilton concluded the painting was almost certainly produced as a commission for one of Turner’s patrons or friends and is the only known finished watercolour of this subject. Where it was for the couple of hundred years before its appearance in a Suffolk clearance sale, however, remains a mystery. Partly because of that and its early date, it has been estimated at a modest £20,000-£30,000 when it is auctioned by Cheffins on March 20. The painting also lacks the dramatic landscape setting that characterises his most sought-after work, because, as Wilton points out, the cathedral is set deep in a valley. The drama instead is extracted from the light and shade of the building itself.

Patricia Cross at Cheffins says: “This piece is a significant new discovery which provides a glimpse into Turner’s early development as an artist.” Having been completely missed last time it was for sale, it is also the perfect example of a “sleeper” that has finally awoken.


Could this Magritte help reverse London’s art market slump?



Food for thought: Magritte's L'ami intime, estimated at £30-50 million


Food for thought: Magritte’s L’ami intime, estimated at £30-50 million

London’s major winter sales of Impressionist, Modern and Contemporary art at Christie’s, Sotheby’s and Phillips begin tomorrow – a week later than last year, allowing them more time to halt what looked like a downward slide for the London market.

Last year’s London’s winter sales were estimated at £355 million, 26 per cent down from 2022.

But the slide may have tailed off.

This year, the week’s sales are estimated to bring £321 million, down just 9.5 per cent from 2023.

The most improved saleroom promises to be Christie’s, which has bumped up estimated sales by 20 per cent from £159 million last year to £191 million, with the help of L’ami intime, a £30-50 million René Magritte that belonged to the late publisher and conductor Gilbert Kaplan, who died in 2016, and his wife Lena.

The Kaplans bought it at auction in 1980 for close to £100,000, since when Magritte prices have soared.

Then at Christie’s there is a 1965 California swimming pool painting by David Hockney (£16 million), a 1963 Tangier landscape by Francis Bacon that once belonged to Roald Dahl and is being sold by the financier Pierre Lagrange (£15 million), and two Monets that could add £20 million to the total.

Sotheby’s, on the other hand, has nothing offered in the eight-figure bracket and present £110 million of art, down 32 per cent on last year, while Phillips’s estimates have fallen by 40.4 per cent to £20 million.


Elton John’s memorabilia surpasses expectations



Specs appeal: the singer's rainbow prescription sunglasses went for $22,680


Specs appeal: the singer’s rainbow prescription sunglasses went for $22,680

Christie’s marathon sale of works from Elton John’s Atlanta apartment ended last week with a total of $20.5 million (£16.2 million), double the pre-sale expectations.

Demand was heaviest for memorabilia with no widely accepted price levels. His silver platform boots, for instance, surpassed their $5,000 estimate to sell for $94,500. A pair of rainbow-hued sunglasses, estimated at $2,000, sold for $22,680.

The artwork and photography, pots by Grayson Perry, and a Banksy, on the other hand, tended to sell closer to estimates, which were clearly based on precedent, suggesting that the pop-star provenance did not always add value substantially. 

Sometimes estimates may have reflected the high prices he paid for things. For example, a Gilbert & George photographic work, Four Plants (1980), which cost him $186,000 in 2005, sold for just $189,000, within its estimate. 

Recasting the Melting Pot: Hugh Hayden’s Iron Sculptures Examine How Culture Is Duplicated and Dispersed

Recasting the Melting Pot: Hugh Hayden’s Iron Sculptures Examine How Culture Is Duplicated and Dispersed



“A lot of times, I do use notions of cooking and recipes in the way I describe making my work,” Hugh Hayden says in a new short film. “I do think that cooking, as an act of making something, is a metaphor for many aspects of life.”

Hayden is well-known for his monumental sculptures and installations that scrutinize our perceptions of ourselves, our stories, and our environment. Often using wood, the artist draws on tenets of colonialism and its impacts on socioeconomic dynamics, education, and historical narratives.

In the new video produced by the Louisiana Museum of Modern Art, Hayden likens the development of a series of cast-iron skillets to the process of baking cornbread, a dish practically synonymous with the cuisine of the American South.

 

All images © the Louisiana Museum of Modern Art

“I was taking an iron-pouring class, and I didn’t know what I wanted to make,” he says. He thought about his interest in food, and the idea struck him to make a pan. He continues:

I started thinking about cast-iron cookware and my own personal history and relationship to it as this more old fashioned thing that I didn’t use much, up until then… I started to think about my grandmother and family, like the heirlooms and legacies. And also that the cast irons are like a living metal… it has special care needs so it doesn’t rust but also to keep it seasoned.

Hayden transforms the skillet to be in dialogue with culture, both in its practical use and as a treasured, sometimes collectible item. He draws on the phrase “melting pot,” which is typically used to describe how elements of different cultures blend into a more homogenous society. In the U.S., the phrase also refers to the notion that the modern nation was established and shaped over time by immigrants from different parts of the world.

 

Hayden embeds the sculptures with the forms of traditional African masks, symbols of cultural identity. He emphasizes the fact that their authenticity—or lack thereof—is a metaphor for the way different backgrounds lose information through replication.

“As a Black person in America, I’m very far removed from Africa,” Hayden says. “Most people in America, regardless of their ethnicity, who aren’t first generation, they’re copies of something that came from somewhere else, mixed with something else. So I like this idea of making copies of these masks that have questionable levels of authenticity.” He also adds a distinctive anatomical feature to each piece based on parts of his own body, like ears or lips, creating a connection between universal motifs and his own individuality.

The artist likens the ready-made quality of the masks to the preparation of cornbread using a combination of Jiffy Muffin Mix and additional ingredients, beginning with a mass-produced version of something and transforming it into a unique finished work. “This is a little bit like my work,” he says. “There is, per se, a ready-made element to it and the pre-made mix, but I’m taking it further. I’m starting with the history of this existing thing and adding more to it.”

Find more on the artist’s website and Instagram.

 

Do stories and artists like this matter to you? Become a Colossal Member today and support independent arts publishing for as little as $5 per month. The article Recasting the Melting Pot: Hugh Hayden’s Iron Sculptures Examine How Culture Is Duplicated and Dispersed appeared first on Colossal.

Working from Memory, Peter Uka Paints Vibrant Portraits of 1970s Nigeria

Working from Memory, Peter Uka Paints Vibrant Portraits of 1970s Nigeria

“First Ride” (2023). Photo by Fabrice Gousset. All images courtesy of the artist and Mariane Ibrahim, shared with permission

“I see painting as a process, the finished work merely resembling the initial sketch and ideas stretching over multiple canvases. I like my figures to influence each other in some form of dialogue,” says Peter Uka.

Based in Cologne, Uka grew up in Nigeria in the late 70s and early 80s, a time of bell bottoms, A-line dresses, platform shoes, and bright, bold prints and colors. This now-retro style emerges regularly in the artist’s portraits, as he conjures scenes of his childhood. “It is always a personal experience of some kind that I am referencing, even if I merge it with elements from my imagination or add references. To me, it’s rather a feeling of familiarity and nostalgia that I am looking for than an exact depiction of the events or people,” he adds.

Working in oil on large, nearly life-sized canvases, Uka paints primarily from memory, an approach that seamlessly blends fact and fiction. He creates multiple pieces simultaneously and constructs a sort of community scaffolding onto which he can place stories and recollections. Although some subjects depict people like his mother, aunts, and siblings, others are amalgamations of several individuals. All exude a distinctive presence. “When painting a figure I am interested in framing their essence, and the relation I have to my subjects, from meaningful memories I share with them to conversations we had that impacted me in some way,” he says.

Uka’s recent solo show Triumph of Being at Mariane Ibrahim in Paris focused on grief and loss, a theme that emerges prominently in “Yesterday.” Recreating a banal scene from his childhood home, the portrait imagines the artist’s late sister, who frequently was scolded for adjusting the television dials as a child, doing the same as an adult, the screen showing color bars. Like many of Uka’s works, the painting collapses past and present and coalesces into a vibrant tapestry of memory and imagination.

Find more from the artist on Instagram.

 

a woman wearing a white shirt and floral skirt sits in a chair holding a bouquet of flowers

“Peace Invocation” (2023). Photo by Fabrice Gousset

a woman sits on a brown chair in a small room with a bed to her left and a table with two teacups behind her

“Marsha” (2021)

a painting of two men sitting on the beach in front of a straw structure

“Beach Life” (2021)

a man in yellow pants and a green plaid shirt rests on a metal bar with three stacked suitcases in the foreground

“The Traveler” (2022)

a woman in a floral dress adjusts the tv and looks at the viewer

“Yesterday” (2023). Photo Vincent Cheìron

a young man in a blue blazer and red pants stands between a spindly tree and looks over his shoulder

“Blue Jacket” (2021)

a man in a white shirt and jeans stands in front of a concrete barrier with plants behind him

“Tall Long John” (2021)

Do stories and artists like this matter to you? Become a Colossal Member today and support independent arts publishing for as little as $5 per month. The article Working from Memory, Peter Uka Paints Vibrant Portraits of 1970s Nigeria appeared first on Colossal.