Contemporary

In case you haven’t noticed graffiti art has gone mainstream. Spray paint art even has a new name; Street Art. Alice Fisher has an article in The Guardian explaining how Street Art has moved, with the help of the internet, from underground to mainstream acceptance by the establishment in short order. From the article: It’s … Read more

A painting by an artist whose work is expected to draw bids of $4 million to $6 million at Sotheby’s auction house this summer has been selected as the image for the 2008 Spoleto Festival USA poster. An oil-on-linen abstract work, “Painting With Verticals, Cadence 3 (2006)” by British artist Bridget Riley, will be mounted … Read more

April 1 (Bloomberg) — Andy Warhol has overtaken Picasso as the world’s most actively traded artist, said the French-based art-market database, Artprice, in its annual report on trends. Warhol led the 2007 table of the world’s 500 most auctioned artists with $422.3 million in sales, more than doubling the year-earlier $199.6 million, Artprice said…. Read … Read more

An act of artistic philanthropy on a par with Britain’s greatest – including bequests by Samuel Courtauld and Henry Tate – was unveiled today in a move that will see 725 works of postwar and contemporary art donated to the nation. The London dealer Anthony d’Offay is giving over almost his entire… Read full story … Read more