Tuesday, November 3, 2009

Appreciating Art

I watched "Thomas Crown Affair" the other night for the umpteenth time. The word 'art' conjures up some pretty pictures, at least it does for me. But then again, beauty is subjective and it really is in the eye of the beholder.

Just like these works of art below. The first piece reminds me of the one in my office which makes me feel how inadequate I am at interpreting modern art. Sigh.





And then there are these..




Mind you, all these are pieces by famous artists and are slated for Fall Auction at Sotheby's this coming week. Even auction houses have been impacted by the economic downturn as prices for art pieces - paintings, sculptures, drawings - have taken a beating.

Gone are the days of lucrative financial incentives like guarantees (a minimum sum offered to a seller regardless of the outcome of a sale) that were regularly doled out when times were good. Gone too are extravagant parties and lavish catalogs the size of telephone books.

People now think carefully about what they buy and how much they are willing to spend. Prices are also lower because there aren’t many blockbuster artworks on the market.


Source: NY Times

6 comments:

  1. I like the 2nd last piece. I don't know how to appreciate the rest. Then again, I am not a fan of modern art.

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  2. Seriously, i still believe art is a good form of investment, too sad i dont much about it..

    I like the last piece, wonder how much it is going for ?

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  3. Thanks! like modern art not so much on portrait. 3rd pix looked like locks many many locks..The interpretation of art will tell your character according to experts. Wonder what's in me for seeing locks?

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  4. These arts are abstract for me to understand. Ha :D

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  5. Mei Teng, it's the abstract pieces that derail me.

    Eugene, I'm sure it is if you have a piece or pieces done by someone famous or is/are much sort after.

    About the price of that last painting, look it from the link on the post. You might be able to find it in their auction catalogue.

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  6. CheahSan, you're welcome.

    You saw locks? It probably says you are a very careful person. LOL!

    That piece is actually Warhol's “200 One Dollar Bills” (1962), from his first series of silk-screens.

    Tekkaus, I too find abstract art baffling.

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