Its A Recession, No One Is Selling A Picasso For A Buck
mark Rothko
Many people mention that one of the first fields that hit the market during recession is the art market. At the same time in 2010 some of the biggest art auctions took place. For example Mark Rothko’s untitled at $31.4 million, Giacometti’s sculpture at £65 million, Picasso’s blue period works at £34.5 million, Monet’s water lily between £30 million and £40 million and last but not the least Andy Warhol’s self portrait at $32.56 million. Reading about all these works selling at such exorbitant rates really made me wonder that why do some of these works get so much importance? What about all the rest of the beautiful art in the world that should receive as much recognition? That’s when I remembered my art history classes in high school. Our teacher would find numerous articles on art for us to discuss about in class. One reason that my teacher gave for these works selling till date and like hot cakes was because these were the artists whose works were at the early stages of art periods. These artists were really bold enough to put something on the table not for money but because they had the passion for it. Most of these artists believed in educating the public by giving them a different dimension in art.
Though these artists started a period in art that will be remembered forever, I feel that these auctions are so much to do with the name. These artist’s names are more like “brands” in art. How do these become brands in the first place? And how is the next big artist determined? I can’t help and wonder that is this more to do with marketing skills and approach, it seems like pure artistic ability is just not enough in this day and age.
Giacometti
sources-
No comments:
Post a Comment