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Art Auction

‘Yes, but is it art?’ An exhibit featuring AI-generated art opens in Cincinnati

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Source: WVXU

A month-long exhibit featuring artificial intelligence-generated art opens Thursday in downtown Cincinnati. Studio Kroner is showcasing five artists through June 17.

Owner Paul Kroner likens this technology to when graphic design began using computers. “I think we’ll go through a period where there will be a lot of — can I say crap — out there and it will settle down.”

But Kroner is a big fan of the five artists he’s featuring:

Read more: https://www.wvxu.org/arts/2023-05-18/yes-but-is-it-art-ai-generated-art-studio-kroner-cincinnati

Art Auction

5 Takeaways From the Spring Art Auctions

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Source: The New York Times

When Christie’s executives decided on the evening of the auction house’s contemporary art sales to withdraw its most expensive offering of the week, a squiggly-wiggly painting by the artist Brice Marden estimated to sell for $30 million to $50 million, it was evidence of apprehension in the market.

“The choice to withdraw the Marden was ours,” Alex Rotter, a Christie’s specialist, told reporters last Tuesday night. “It wasn’t Brice’s evening and we’re not willing to jeopardize the market of an artist like that.”

In other words, just two days into a week of marquee spring sales that ended Saturday, there was already a bad vibe.

Read more: https://www.nytimes.com/2024/05/19/arts/design/auction-christies-sothebys-phillips-results.html

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Art Auction

Female artist’s painting sets auction record

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Source: BBC NEWS

A painting by a Lancashire-born artist has sold for over £22 million.

Sotheby’s said the sale of Leonora Carrington’s Les Distractions de Dagobert in New York meant she had become the most valuable British-born female artist at auction.

The surrealist painting was bought for $28.5m (£22.48m), which exceeded Carrington’s previous record of $3.3m (£2.6m) set at the auction house in 2022.

Carrington was born in Chorley on 6 April 1917 and later lived in Mexico, alongside female surrealists including Frida Kahlo and Remedios Varo.

Read More: https://www.bbc.com/news/articles/crgygv7lzl2o

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Art Auction

$27.7 million Bacon tops New York art auction sales

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Source:Yahoo News

A portrait by British painter Francis Bacon of his great love sold for $27.7 million at Sotheby’s spring sales in New York on Monday, topping the first night of contemporary art auctions that grossed $234.6 million. 

The work fell short of the $30 million to $50 million range the house had estimated for the portrait — the first in a series of 10 the painter made of George Dyer between 1966 and 1968 — which was making its debut at auction.

Read More: https://uk.news.yahoo.com/27-7-million-bacon-tops-054825871.html

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