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Monday, September 23, 2019

Art Market News

Update: Garaicoa in Bulgaria & Benin, Cruz Azaceta in Panama City, Upcoming Auctions in...

Carlos Garaicoa opens a solo show in Sofia and takes part in the first art biennale in Benin. Abel Barroso goes bicoastal, Luis Cruz Azaceta opens in Panama City, Guerra de la Paz continues in Long Island City, and New York auction houses prepare for next week’s Latin American sales.

Auction Preview: Subasta Habana

On November 1, the doors will open and the hammers lift on another edition of Subasta Habana (Auction Havana), the biggest annual event of the Cuban art market. Clarisa Crive, senior specialist for the event, talks with Cuban Art News about the upcoming sale.

Book Excerpt: Alex J. Rosenberg on Art Appraisal in Cuba

One of our most popular posts of recent weeks was the story about appraiser Alex J. Rosenberg’s informal presentation, late last month, on art appraisal in Cuba. We’ve now had a chance to look over the book ourselves, and find it to be a thoughtful, comprehensive overview of the field and the unique challenges facing art appraisal in Cuba. With that in mind, we thought Cuban Art News readers would enjoy a brief excerpt from the book, An Approach to Advanced Problems in Appraising Art with a special focus on Cuba. Here, Alex makes his case for art appraisal in Cuba as an independent professional field, separate from government sponsorship or support.

Art Appraisal in Cuba: Alex J. Rosenberg at The 8th Floor Gallery

Last week, noted fine arts appraiser and longtime Ludwig Foundation of Cuba supporter Alex J. Rosenberg gave an informal talk at New York’s 8th Floor Gallery to celebrate his latest book. Written with an eye toward the specifics of art appraisal in Cuba, it sparked a lively exchange with an audience of collectors, scholars, students, and art aficionados. The crowd also enjoyed a talk by artist Armando Mariño, whose solo exhibition, Armando Mariño: Recent Paintings from the Year of the Protester, was on view in the gallery.

Lam, Sánchez Shatter Pre-Sale NY Auction Estimates

In a significant indication of the growing strength of the Latin American—and specifically Cuban—modern and contemporary art market, the Christie’s sale on Tuesday evening saw exceptionally strong sales for Tomás Sánchez, followed the next night by a record-breaking price of $4.5-plus million for a 1944 Wifredo Lam at Sotheby’s.