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Subject: What Will the Global Auction Calendar Look Like in the Future?
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View this post on the web at https://artelligence.substack.com/p/what-will-=
the-global-auction-calendar

Welcome to the Artelligence newsletter
This is the new home for news and analysis of the global art market from Ar=
t Market Monitor and LiveArt. Combined with our Artelligence podcast [ http=
s://substack.com/redirect/3b98420d-8ff4-4abb-9f0b-f362facb35a0?j=3DeyJ1Ijoi=
MjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY ], it offers a uniq=
ue perspective on the global art market.
The newsletter comes out every Friday with What We Learned this Week. Depen=
ding on the art market calendar or news cycle, you will receive other email=
s from this account on an irregular basis.
We are eager to hear from you. If you have questions, tips or suggestions f=
or coverage, contact us here [ mailto:maneker@artmarketmonitor.com ]. Feel =
free to forward the email to anyone you think would like to subscribe.
Some new subscribers may not have had their emails delivered. Please check =
your spam folder if you have not received your copy of the email.
In This Issue
Artelligence Podcast: Stephen Brooks on the auction calendar
Lot Watch: Gustav Klimt, Insel im Attersee for $45 million at Sotheby=E2=80=
=99s; Louise Bourgeois=E2=80=99s $30 million spider at Sotheby=E2=80=99s
Deep Cuts: Boetti=E2=80=99s word works
Notes: Marfa-nomics; Hill-Stead reunion; Gwanju Curator Sook-kyung Lee
Artelligence Podcast
The global auction and art fair calendar hardly seems like the fascinating =
subject that it really is. The art world still operates on a schedule large=
ly established decades ago. The disruption of the global pandemic seemed to=
 offer an opportunity to reshape those assumptions. Asia has become more im=
portant and art fairs are proliferating from Seoul to Los Angeles and Paris=
=2E=C2=A0
Nevertheless, 2022 saw the old auction calendar re-emerge. Judging by the v=
ery strong numbers posted last year, sales haven=E2=80=99t suffered.=C2=A0
So what will happen next?=C2=A0
To answer that question,we spoke to Phillips CEO Stephen Brooks. Phillips i=
s the first to open a dedicated Hong Kong headquarters. His rivals will hav=
e their own premises next year. That means there is likely to be an auction=
 season twice a year in Hong Kong either in 2024 or sometime thereafter jus=
t as there is in New York and London.=C2=A0
How that will fit into the calendar and how auction houses view the growing=
 number of sales opportunities is the subject of our conversation.
Lot Watch
Rare $45m Klimt Landscape to Appear in Sotheby=E2=80=99s May 16th Sale=20
Gustav Klimt=E2=80=99s Insel im Attersee from 1901 will be sold at Sotheby=
=E2=80=99s on May 16th with the expectation that it will sell for $45 milli=
on or more. Similar works like the riverine Litzlberg Am Attersee sold for =
$40 million a dozen years ago. Not long before that in 2006, Paul Allen had=
 won the artist=E2=80=99s Birch Forest from 1903 had sold for $40.3 million=
=2E It resold last year for $104 millio=
n. How much of that value comes from A=
llen=E2=80=99s provenance is the question many potential buyers will ask ov=
er the next several weeks.=20
Funda=C3=A7=C3=A3o Ita=C3=BA to Sell $30m Louise Bourgeois Spider at Sotheb=
y=E2=80=99s
Louise Bougeois=E2=80=99s monumental spiders have been trophy works for sev=
eral years now with two different versions setting substantial record price=
s in 2015 and 2019 at $28 and $30 million. Sotheby=E2=80=99s says that this=
 casting hasn=E2=80=99t been auctioned in more than a decade. In 2011, anot=
her monumental spider was auctioned for $10.7 million. That should give one=
 a sense of how fast these works have been rising in price. Originally acqu=
ired in 1996 by Olavo Setubal, one of the founders of Ita=C3=BA Unibanco, t=
his work is now being sold by the Funda=C3=A7=C3=A3o Ita=C3=BA to fund arti=
sts in Brazil.=20
Deep Cuts
The Small Boetti Story Continues
Alighiero Boetti, Il silenzio =C3=A8 d=E2=80=99oro (estimate =E2=82=AC40,00=
0) =E2=82=AC82,550
Sotheby=E2=80=99s Milan sale of Contemporary art on April 20th had seven lo=
ts by Alighiero Boetti. One of the works was a sought-after Aeri, a body of=
 work that has led the price growth for Boetti=E2=80=99s work in the last e=
ight years [ https://substack.com/redirect/4dabba53-f127-42e8-9829-d590fe4e=
e8b0?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY ],=
 that sold for =E2=82=AC393,700. That=E2=80=99s a solid price. The other fi=
ve works were tapestry works, another category of Boetti=E2=80=99s work tha=
t has seen great popularity in recent years on the auction and private sale=
s markets. Just to recap, 2022 saw two new record prices achieved for Boett=
i=E2=80=99s large Mappa works at $5.5 and $8.8 million. Boetti=E2=80=99s ma=
rket is segmented by the different bodies of work he created. Much lower do=
wn the price spectrum are the smaller tapestry works that feature 4 x 4 or =
5 x 5 squares of multi-colored letters. A larger piece that is composed of =
16 5 x 5 squares was also sold in Milan. The work made $695,000 with fees. =
Six years ago, it was sold for $390,000. Fourteen years before the work was=
 sold at a tenth of the price or $39,145. Another of the seven works is a m=
utli-colored example of Segno e disegno that sold for $195,000. That=E2=80=
=99s a discount from the black-and-white examples that regularly sell for p=
rices of $270,000 to $322,000 recently. The other four works in Milan were =
a 5 x 5 word piece and three 4 x 4 word works. They sold for prices ranging=
 from $90,000 to $140,000, all above the low estimate and in line with rece=
nt prices for these works. The volume of trading in the word works continue=
s to rise. In 2022, 24 of the works sold publicly; so far this year, there =
have been eight auctioned. Privately, there were surely many more sold.=20
Notes
Marfa-nomics: [ https://substack.com/redirect/40f79c61-183b-43e4-9b99-aa348=
d5650ec?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY=
 ] The success of Marfa, Texas as an art destination has come at a price to=
 the local economy. Visitors to the West Texas city are driving the market =
for short-term rentals which has, in turn, pushed prices on local homes to =
$500,000 to $1 million. That=E2=80=99s a lot for a town with around 1800 fu=
ll-time residents who make a median income of just under $40,000 a year. Th=
e majority of those folks are Hispanic or Latino.=20
Hill-Stead Reunion [ https://substack.com/redirect/f26a7a20-7d0b-4e1c-ad71-=
7b3e5de8b8e4?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp=
7gWdY ]: Hill-Stead, the museum in Farmington, CT that preserves the home d=
esigned by Theodate Pope Riddle with the extraordinary art collection of Al=
fred Pope, has reunited the original art collection that Pope gathered arou=
nd the turn of the 20th Century. Cleveland industrialist Pope was friends w=
ith Whistler and Mary Cassatt. Beginning in the late 1880s, he acquired 40 =
important works by Monet, Degas, Manet, Pissarro and Renoir. The exhibition=
 brings two Monets that Pope had sold back to Hill-Stead to hang besides th=
e two Monet grainstacks still in the house. A Cassatt portrait returns alon=
g with a Degas interior and William Koch is lending his Monet landscape tha=
t Theodate had sold in the 1940s. It joins a Monet painting of a ship at lo=
w tide and the third Monet grainstack that Pope had owned and eventually so=
ld to the Havemeyers. It is on loan from the Shelburne museum in Vermont.=
=20
The Korean curator of the Gwanju Biennial wants to challenge the convention=
al narrative outside of museums:  [ https://substack.com/redirect/eadc5a18-=
5fba-44f9-b598-566cd4125a29?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5i=
RnigHXx6Fx_g6pp7gWdY ]The South China Morning Post profiled Sook-kyung Lee,=
 the curator of the Gwanju Biennial, the first Korean curator in 15 years. =
=E2=80=9CAt Tate Modern, I first started purchasing artworks from Asia that=
 the Western audience and curators at Tate could easily understand =E2=80=
=A6 [b]ut as I continued to introduce more contemporary artworks from Asia,=
 I eventually realised that I was merely looking for works that corresponde=
d to the pre-existing concepts in the West. [=E2=80=A6] The more I started =
to think about how, as an institution, we could try to get rid of hierarchi=
es that were deeply ingrained, [the more] I realised the standards themselv=
es should also be questioned,=E2=80=9D she says.
=E2=80=9CThere is just so much that has been left out in the popular art di=
scourse in the past century =E2=80=93 including women and aboriginal cultur=
e to name a few =E2=80=93 that it=E2=80=99s extremely difficult to cover in=
 a traditional museum setting.=E2=80=9D
Thanks for reading Artelligence. Subscribe for free.

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}


@media (max-width: 750px) {
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</style></head><body class=3D"email-body" style=3D"font-kerning: auto;"><im=
g src=3D"https://mailgun.substack.com/api/v1/email/open?token=3DeyJtIjoiPDI=
wMjMwNDI1MTMxNTA0LjMuNmI0N2U4ZjI1NTFlYzkwZkBtZy1kMS5zdWJzdGFjay5jb20-IiwidS=
I6MTMzMjY4NjYxLCJyIjoiZW56b0BzaG93ZmlsZS5jb20iLCJkIjoibWctZDEuc3Vic3RhY2suY=
29tIiwicCI6MTE2OTk0MzMxLCJ0IjoibmV3c2xldHRlciIsImEiOiJldmVyeW9uZSIsInMiOjIy=
NTksImMiOiJwb3N0IiwiZiI6dHJ1ZSwicG9zaXRpb24iOiJ0b3AiLCJpYXQiOjE2ODI0Mjg1MzU=
sImV4cCI6MTY4NTAyMDUzNSwiaXNzIjoicHViLTAiLCJzdWIiOiJlbyJ9._kFnBujy4lKrGw_Jl=
gNGYgf8B5idBZFjk7LchwchHuI" alt=3D"" width=3D"1" height=3D"1" border=3D"0" =
style=3D"height:1px !important;width:1px !important;border-width:0 !importa=
nt;margin-top:0 !important;margin-bottom:0 !important;margin-right:0 !impor=
tant;margin-left:0 !important;padding-top:0 !important;padding-bottom:0 !im=
portant;padding-right:0 !important;padding-left:0 !important;"/><div style=
=3D"display:none;font-size:1px;color:#333333;line-height:1px;max-height:0px=
;max-width:0px;opacity:0;overflow:hidden;" class=3D"preview">Sotheby's Anno=
unces $45m Klimt and $30m Bourgeois Spider + Boetti Word Works + Priced Out=
 of Marfa &nbsp;&#8204;&nbsp;&#8204;&nbsp;&#8204;&nbsp;&#8204;&nbsp;&#8204;=
&nbsp;&#8204;&nbsp;&#8204;&nbsp;&#8204;&nbsp;&#8204;&nbsp;&#8204;&nbsp;&#82=
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8204;&nbsp;&#8204;&nbsp;&#8204;&nbsp;&#8204;&nbsp;&#8204;&nbsp;&#8204;&nbsp=
;&#8204;&nbsp;&#8204;&nbsp;&#8204;&nbsp;&#8204;&nbsp;&#8204;</div><table ro=
le=3D"presentation" width=3D"100%" border=3D"0" cellspacing=3D"0" cellpaddi=
ng=3D"0" class=3D"email-body-container"><tbody><tr><td></td><td width=3D"55=
0" class=3D"content"></td><td></td></tr><tr><td></td><td align=3D"left" wid=
th=3D"550" class=3D"content"><div style=3D"font-size: 16px; line-height: 26=
px; margin: 0 auto; max-width: 550px; overflow-wrap: break-word; width: 100=
%;"><table role=3D"presentation" width=3D"100%" border=3D"0" cellspacing=3D=
"0" cellpadding=3D"0"><tbody><tr><td align=3D"right" style=3D"height: 20px;=
"><table role=3D"presentation" width=3D"auto" border=3D"0" cellspacing=3D"0=
" cellpadding=3D"0"><tbody><tr><td style=3D"vertical-align: middle;"><span =
class=3D"tw-font-body tw-text-ssm tw-text-substack-secondary" style=3D"colo=
r: #808080 !important; font-family: SF Pro Text, -apple-system, BlinkMacSys=
temFont, Inter, Segoe UI, Roboto, Helvetica, Arial, sans-serif, Apple Color=
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ant;"><a href=3D"https://open.substack.com/pub/artelligence/p/what-will-the=
-global-auction-calendar?utm_source=3Demail&redirect=3Dapp-store" class=3D"=
tw-text-substack-secondary tw-underline" style=3D"-webkit-text-decoration-l=
ine: underline !important; color: #808080 !important; text-decoration-line:=
 underline !important;">Open in app</a> or <a href=3D"https://substack.com/=
redirect/2/eyJlIjoiaHR0cHM6Ly9hcnRlbGxpZ2VuY2Uuc3Vic3RhY2suY29tL3Avd2hhdC13=
aWxsLXRoZS1nbG9iYWwtYXVjdGlvbi1jYWxlbmRhcj90b2tlbj1leUoxYzJWeVgybGtJam94TXp=
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0wTENKbGVIQWlPakUyT0RVd01qQTFNelFzSW1semN5STZJbkIxWWkweU1qVTVJaXdpYzNWaUlqb=
2ljRzl6ZEMxeVpXRmpkR2x2YmlKOS42QUxSVDZHcVktQVJ1ZERkei1fTngxanlNUHZ5WGdlQy1F=
OVNKMk1reDAwIiwicCI6MTE2OTk0MzMxLCJzIjoyMjU5LCJmIjp0cnVlLCJ1IjoxMzMyNjg2NjE=
sImlhdCI6MTY4MjQyODUzNCwiZXhwIjoxNjg1MDIwNTM0LCJpc3MiOiJwdWItMCIsInN1YiI6Im=
xpbmstcmVkaXJlY3QifQ.LVxy5zm3qq7kIp4bVSEaalPLlZ1hbYAkf2f88Y5UehI?" class=3D=
"tw-text-substack-secondary tw-underline" style=3D"-webkit-text-decoration-=
line: underline !important; color: #808080 !important; text-decoration-line=
: underline !important;">online</a></span></td></tr></tbody></table></td></=
tr></tbody></table><table role=3D"presentation" width=3D"auto" class=3D"hea=
der graphic-header" style=3D"border-spacing: 0; padding: 16px 0 32px;"><tbo=
dy><tr><td align=3D"center" style=3D"padding: 0; text-align: center;"><a hr=
ef=3D"https://substack.com/redirect/2/eyJlIjoiaHR0cHM6Ly9hcnRlbGxpZ2VuY2Uuc=
3Vic3RhY2suY29tL3Avd2hhdC13aWxsLXRoZS1nbG9iYWwtYXVjdGlvbi1jYWxlbmRhcj90b2tl=
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3aWFXRjBJam94TmpneU5ESTROVE0wTENKbGVIQWlPakUyT0RVd01qQTFNelFzSW1semN5STZJbk=
IxWWkweU1qVTVJaXdpYzNWaUlqb2ljRzl6ZEMxeVpXRmpkR2x2YmlKOS42QUxSVDZHcVktQVJ1Z=
ERkei1fTngxanlNUHZ5WGdlQy1FOVNKMk1reDAwIiwicCI6MTE2OTk0MzMxLCJzIjoyMjU5LCJm=
Ijp0cnVlLCJ1IjoxMzMyNjg2NjEsImlhdCI6MTY4MjQyODUzNCwiZXhwIjoxNjg1MDIwNTM0LCJ=
pc3MiOiJwdWItMCIsInN1YiI6ImxpbmstcmVkaXJlY3QifQ.LVxy5zm3qq7kIp4bVSEaalPLlZ1=
hbYAkf2f88Y5UehI?"><img role=3D"presentation" width=3D"550" height=3D"110" =
src=3D"https://substackcdn.com/image/fetch/w_1100,c_limit,f_auto,q_auto:goo=
d,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2=
Fpublic%2Fimages%2Fe3cfc2fc-ffba-4eae-8c1a-7c9381cc0cef_1100x220.png" class=
=3D"header-image" style=3D"border: none !important; display: block; height:=
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%;"></a></td></tr></tbody></table><div dir=3D"auto" class=3D"post typograph=
y" style=3D"font-size: 16px; line-height: 26px; padding: 16px 0 0 0;"><div =
class=3D"post-header" style=3D"font-size: 16px; line-height: 26px;"><h1 cla=
ss=3D"post-title published" style=3D"-moz-osx-font-smoothing: subpixel-anti=
aliased; -webkit-font-smoothing: subpixel-antialiased; color: #404040; font=
-family: 'SF Compact Display', -apple-system, BlinkMacSystemFont, 'Segoe UI=
', Roboto, Helvetica, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emo=
ji', 'Segoe UI Symbol'; font-size: 32px; font-weight: bold; line-height: 36=
px; margin: 0;"><a href=3D"https://substack.com/app-link/post?publication_i=
d=3D2259&post_id=3D116994331&utm_source=3Dpost-email-title&isFreemail=3Dtru=
e&token=3DeyJ1c2VyX2lkIjoxMzMyNjg2NjEsInBvc3RfaWQiOjExNjk5NDMzMSwiaWF0IjoxN=
jgyNDI4NTM0LCJleHAiOjE2ODUwMjA1MzQsImlzcyI6InB1Yi0yMjU5Iiwic3ViIjoicG9zdC1y=
ZWFjdGlvbiJ9.6ALRT6GqY-ARudDdz-_Nx1jyMPvyXgeC-E9SJ2Mkx00" style=3D"color: #=
404040; text-decoration: none;">What Will the Global Auction Calendar Look =
Like in the Future?</a></h1><h3 class=3D"subtitle" style=3D"-moz-osx-font-s=
moothing: subpixel-antialiased; -webkit-font-smoothing: subpixel-antialiase=
d; color: #808080; font-family: 'SF Compact Display', -apple-system, BlinkM=
acSystemFont, 'Segoe UI', Roboto, Helvetica, Arial, sans-serif, 'Apple Colo=
r Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol'; font-size: 18px; font-weight=
: normal; line-height: 24px; margin: 4px 0 0; margin-top: 12px;">Sotheby's =
Announces $45m Klimt and $30m Bourgeois Spider + Boetti Word Works + Priced=
 Out of Marfa</h3><table role=3D"presentation" width=3D"100%" border=3D"0" =
cellspacing=3D"0" cellpadding=3D"0" class=3D"post-meta" style=3D"align-item=
s: center; height: 20px; margin: 1em 0;"><tbody><tr><td><table role=3D"pres=
entation" width=3D"auto" border=3D"0" cellspacing=3D"0" cellpadding=3D"0"><=
tbody><tr><td><table role=3D"presentation" width=3D"auto" border=3D"0" cell=
spacing=3D"0" cellpadding=3D"0"><tbody><tr><td style=3D"vertical-align: mid=
dle;"><div class=3D"frontend-pencraft-Text-module__reset--20JLV frontend-pe=
ncraft-Text-module__size-11--1-ofT frontend-pencraft-Text-module__line-heig=
ht-20--1soeQ frontend-pencraft-Text-module__weight-medium--aTbx5 frontend-p=
encraft-Text-module__font-meta--2i-cR frontend-pencraft-Text-module__color-=
primary--2I-sF frontend-pencraft-Text-module__transform-uppercase--38jbr fr=
ontend-pencraft-Text-module__meta--3RRSj custom-css-email-post-author" styl=
e=3D"color: #404040; font-family: 'SF Compact', -apple-system, -apple-syste=
m, -system-ui, BlinkMacSystemFont, 'Segoe UI', Roboto, Helvetica, Arial, sa=
ns-serif, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol'; font-si=
ze: 11px; font-weight: 500; letter-spacing: .2px; line-height: 20px; margin=
: 0; text-decoration: unset; text-transform: uppercase;"><a href=3D"https:/=
/substack.com/profile/735466-marion-maneker" style=3D"color: #404040; font-=
family: 'SF Compact', -apple-system, -apple-system, -system-ui, BlinkMacSys=
temFont, 'Segoe UI', Roboto, Helvetica, Arial, sans-serif, 'Apple Color Emo=
ji', 'Segoe UI Emoji', 'Segoe UI Symbol'; font-size: 11px; font-weight: 500=
; letter-spacing: .2px; line-height: 20px; margin: 0; text-decoration: none=
; text-transform: uppercase;" class=3D"frontend-pencraft-Text-module__reset=
--20JLV frontend-pencraft-Text-module__size-11--1-ofT frontend-pencraft-Tex=
t-module__line-height-20--1soeQ frontend-pencraft-Text-module__weight-mediu=
m--aTbx5 frontend-pencraft-Text-module__font-meta--2i-cR frontend-pencraft-=
Text-module__color-primary--2I-sF frontend-pencraft-Text-module__transform-=
uppercase--38jbr frontend-pencraft-Text-module__meta--3RRSj">Marion Maneker=
</a></div></td></tr></tbody></table></td></tr><tr><td><table role=3D"presen=
tation" width=3D"auto" border=3D"0" cellspacing=3D"0" cellpadding=3D"0"><tb=
ody><tr><td style=3D"vertical-align: middle;"><div class=3D"frontend-pencra=
ft-Text-module__reset--20JLV frontend-pencraft-Text-module__size-11--1-ofT =
frontend-pencraft-Text-module__line-height-20--1soeQ frontend-pencraft-Text=
-module__weight-medium--aTbx5 frontend-pencraft-Text-module__font-meta--2i-=
cR frontend-pencraft-Text-module__color-secondary--XjVGl frontend-pencraft-=
Text-module__transform-uppercase--38jbr frontend-pencraft-Text-module__meta=
--3RRSj" style=3D"color: #808080; font-family: 'SF Compact', -apple-system,=
 -apple-system, -system-ui, BlinkMacSystemFont, 'Segoe UI', Roboto, Helveti=
ca, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Sym=
bol'; font-size: 11px; font-weight: 500; letter-spacing: .2px; line-height:=
 20px; margin: 0; text-decoration: unset; text-transform: uppercase;"><time=
 datetime=3D"2023-04-25T13:15:11.680Z">Apr 25</time></div></td></tr></tbody=
></table></td></tr></tbody></table></td></tr></tbody></table><table role=3D=
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sizing: border-box; color: #404040; font-size: 16px; line-height: 26px; mar=
gin: 0; margin-bottom: 0; padding-left: 4px;"><strong>Artelligence Podcast:=
 </strong><span>Stephen Brooks on the auction calendar</span></p></li><li s=
tyle=3D"margin: 8px 0 0 32px;"><p style=3D"box-sizing: border-box; color: #=
404040; font-size: 16px; line-height: 26px; margin: 0; margin-bottom: 0; pa=
dding-left: 4px;"><strong>Lot Watch: </strong><span>Gustav Klimt, </span><e=
m>Insel im Attersee</em><span> for $45 million at Sotheby&#8217;s; Louise B=
ourgeois&#8217;s $30 million spider at Sotheby&#8217;s</span></p></li><li s=
tyle=3D"margin: 8px 0 0 32px;"><p style=3D"box-sizing: border-box; color: #=
404040; font-size: 16px; line-height: 26px; margin: 0; margin-bottom: 0; pa=
dding-left: 4px;"><strong>Deep Cuts:</strong><span> Boetti&#8217;s word wor=
ks</span></p></li><li style=3D"margin: 8px 0 0 32px;"><p style=3D"box-sizin=
g: border-box; color: #404040; font-size: 16px; line-height: 26px; margin: =
0; margin-bottom: 0; padding-left: 4px;"><strong>Notes:</strong><span> Marf=
a-nomics; Hill-Stead reunion; Gwanju Curator Sook-kyung Lee</span></p></li>=
</ol><div style=3D"font-size: 16px; line-height: 26px;"><hr style=3D"backgr=
ound: #e0e0e0; border: none; height: 1px; margin: 32px 0; padding: 0;"></di=
v><h2 class=3D"header-with-anchor-widget" style=3D"-moz-osx-font-smoothing:=
 subpixel-antialiased; -webkit-font-smoothing: subpixel-antialiased; color:=
 #404040; font-family: 'SF Compact Display', -apple-system, BlinkMacSystemF=
ont, 'Segoe UI', Roboto, Helvetica, Arial, sans-serif, 'Apple Color Emoji',=
 'Segoe UI Emoji', 'Segoe UI Symbol'; font-size: 1.625em; font-weight: bold=
; line-height: 1.16em; margin: 1em 0 0.625em 0; position: relative;">Artell=
igence Podcast</h2><div class=3D"captioned-image-container-static" style=3D=
"font-size: 16px; line-height: 26px; margin: 32px auto;"><figure style=3D"m=
argin: 0 auto; width: 100%;"><table class=3D"image-wrapper" width=3D"100%" =
border=3D"0" cellspacing=3D"0" cellpadding=3D"0" style=3D"mso-padding-alt: =
1em 0 1.6em;"><tbody><tr><td style=3D"text-align: center;"></td><td align=
=3D"left" class=3D"content" width=3D"398" style=3D"text-align: center;"><a =
class=3D"image-link" target=3D"_blank" href=3D"https://substack.com/redirec=
t/a80d932b-6e21-49f4-b3cd-4dffbb06761c?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0j=
QmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"align-items: center; bor=
der: none; display: block; flex-direction: column; height: auto; margin: 0;=
 padding: 0; position: relative; text-decoration: none; width: auto;"><img =
data-attrs=3D"{&quot;src&quot;:&quot;https://substack-post-media.s3.amazona=
ws.com/public/images/da12d312-4c7d-4094-9492-a000ec83c629_1571x2360.jpeg&qu=
ot;,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quo=
t;:2187,&quot;width&quot;:1456,&quot;resizeWidth&quot;:398,&quot;bytes&quot=
;:155498,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot=
;image/jpeg&quot;,&quot;href&quot;:&quot;https://soundcloud.com/artelligenc=
e/the-global-auction-calendar?si=3Db05deebe250a470db4db79a48181dddb&amp;utm=
_source=3Dclipboard&amp;utm_medium=3Dtext&amp;utm_campaign=3Dsocial_sharing=
&quot;,&quot;belowTheFold&quot;:true,&quot;internalRedirect&quot;:null}" al=
t=3D"" width=3D"398" height=3D"597.820054945055" class=3D"" src=3D"https://=
substackcdn.com/image/fetch/w_398,c_limit,f_auto,q_auto:good,fl_progressive=
:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages=
%2Fda12d312-4c7d-4094-9492-a000ec83c629_1571x2360.jpeg" style=3D"-ms-interp=
olation-mode: bicubic; border: none !important; display: block; height: aut=
o; margin: 0 auto; margin-bottom: 0; max-width: 100% !important; vertical-a=
lign: middle; width: auto !important;"></a></td><td style=3D"text-align: ce=
nter;"></td></tr></tbody></table></figure></div><p style=3D"color: #404040;=
 font-size: 16px; line-height: 26px; margin: 0 0 20px 0;">The global auctio=
n and art fair calendar hardly seems like the fascinating subject that it r=
eally is. The art world still operates on a schedule largely established de=
cades ago. The disruption of the global pandemic seemed to offer an opportu=
nity to reshape those assumptions. Asia has become more important and art f=
airs are proliferating from Seoul to Los Angeles and Paris.&nbsp;</p><p sty=
le=3D"color: #404040; font-size: 16px; line-height: 26px; margin: 0 0 20px =
0;">Nevertheless, 2022 saw the old auction calendar re-emerge. Judging by t=
he very strong numbers posted last year, sales haven&#8217;t suffered.&nbsp=
;</p><p style=3D"color: #404040; font-size: 16px; line-height: 26px; margin=
: 0 0 20px 0;">So what will happen next?&nbsp;</p><p style=3D"color: #40404=
0; font-size: 16px; line-height: 26px; margin: 0 0 20px 0;">To answer that =
question,we spoke to Phillips CEO Stephen Brooks. Phillips is the first to =
open a dedicated Hong Kong headquarters. His rivals will have their own pre=
mises next year. That means there is likely to be an auction season twice a=
 year in Hong Kong either in 2024 or sometime thereafter just as there is i=
n New York and London.&nbsp;</p><p style=3D"color: #404040; font-size: 16px=
; line-height: 26px; margin: 0 0 20px 0;">How that will fit into the calend=
ar and how auction houses view the growing number of sales opportunities is=
 the subject of our conversation.</p><p class=3D"button-wrapper" data-attrs=
=3D"{&quot;url&quot;:&quot;https://soundcloud.com/artelligence/the-global-a=
uction-calendar?si=3Db05deebe250a470db4db79a48181dddb&amp;utm_source=3Dclip=
board&amp;utm_medium=3Dtext&amp;utm_campaign=3Dsocial_sharing&quot;,&quot;t=
ext&quot;:&quot;Listen Now!&quot;,&quot;action&quot;:null,&quot;class&quot;=
:null}" style=3D"color: #404040; font-size: 16px; line-height: 26px; margin=
: 0 0 20px 0; text-align: center;"><a class=3D"button primary" href=3D"http=
s://substack.com/redirect/a80d932b-6e21-49f4-b3cd-4dffbb06761c?j=3DeyJ1Ijoi=
MjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"=
background-color: #653366; border: none; border-radius: 4px; box-sizing: bo=
rder-box; color: #ffffff !important; cursor: pointer; display: inline-block=
; font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Helve=
tica, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI S=
ymbol'; font-size: 14px; font-weight: 600; height: auto; line-height: 20px;=
 margin: 0; opacity: 1; outline: none; padding: 12px 20px; text-align: cent=
er; text-decoration: none !important; white-space: nowrap;"><span style=3D"=
color: #ffffff; text-decoration: none;">Listen Now!</span></a></p><div styl=
e=3D"font-size: 16px; line-height: 26px;"><hr style=3D"background: #e0e0e0;=
 border: none; height: 1px; margin: 32px 0; padding: 0;"></div><h2 class=3D=
"header-with-anchor-widget" style=3D"-moz-osx-font-smoothing: subpixel-anti=
aliased; -webkit-font-smoothing: subpixel-antialiased; color: #404040; font=
-family: 'SF Compact Display', -apple-system, BlinkMacSystemFont, 'Segoe UI=
', Roboto, Helvetica, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emo=
ji', 'Segoe UI Symbol'; font-size: 1.625em; font-weight: bold; line-height:=
 1.16em; margin: 1em 0 0.625em 0; position: relative;">Lot Watch</h2><h4 cl=
ass=3D"header-with-anchor-widget" style=3D"-moz-osx-font-smoothing: subpixe=
l-antialiased; -webkit-font-smoothing: subpixel-antialiased; color: #404040=
; font-family: 'SF Compact Display', -apple-system, BlinkMacSystemFont, 'Se=
goe UI', Roboto, Helvetica, Arial, sans-serif, 'Apple Color Emoji', 'Segoe =
UI Emoji', 'Segoe UI Symbol'; font-size: 1.125em; font-weight: bold; line-h=
eight: 1.16em; margin: 1em 0 0.625em 0; position: relative;">Rare $45m Klim=
t Landscape to Appear in Sotheby&#8217;s May 16th Sale </h4><div class=3D"c=
aptioned-image-container-static" style=3D"font-size: 16px; line-height: 26p=
x; margin: 32px auto;"><figure style=3D"margin: 0 auto; width: 100%;"><tabl=
e class=3D"image-wrapper" width=3D"100%" border=3D"0" cellspacing=3D"0" cel=
lpadding=3D"0" style=3D"mso-padding-alt: 1em 0 1.6em;"><tbody><tr><td style=
=3D"text-align: center;"></td><td align=3D"left" class=3D"content" width=3D=
"1456" style=3D"text-align: center;"><a class=3D"image-link" target=3D"_bla=
nk" href=3D"https://substack.com/redirect/a9bdeb39-5de3-48c7-b904-94961bec7=
0cd?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" re=
l=3D"" style=3D"align-items: center; border: none; display: block; flex-dir=
ection: column; height: auto; margin: 0; padding: 0; position: relative; te=
xt-decoration: none; width: auto;"><img data-attrs=3D"{&quot;src&quot;:&quo=
t;https://substack-post-media.s3.amazonaws.com/public/images/1aa77c75-b1b0-=
499d-bf60-0d81e2adfbef_1836x1844.jpeg&quot;,&quot;fullscreen&quot;:null,&qu=
ot;imageSize&quot;:null,&quot;height&quot;:1462,&quot;width&quot;:1456,&quo=
t;resizeWidth&quot;:null,&quot;bytes&quot;:421446,&quot;alt&quot;:null,&quo=
t;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;=
:null,&quot;belowTheFold&quot;:true,&quot;internalRedirect&quot;:null}" alt=
=3D"" width=3D"550" height=3D"552.2664835164835" class=3D"wide-image" src=
=3D"https://substackcdn.com/image/fetch/w_2912,c_limit,f_auto,q_auto:good,f=
l_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpu=
blic%2Fimages%2F1aa77c75-b1b0-499d-bf60-0d81e2adfbef_1836x1844.jpeg" style=
=3D"-ms-interpolation-mode: bicubic; border: none !important; display: bloc=
k; height: auto; margin: 0 auto; margin-bottom: 0; max-width: 100% !importa=
nt; vertical-align: middle; width: auto !important;"></a></td><td style=3D"=
text-align: center;"></td></tr></tbody></table></figure></div><p style=3D"c=
olor: #404040; font-size: 16px; line-height: 26px; margin: 0 0 20px 0;"><sp=
an>Gustav Klimt&#8217;s </span><em>Insel im Attersee </em><span>from 1901 w=
ill be sold at Sotheby&#8217;s on May 16th with the expectation that it wil=
l sell for $45 million or more. Similar works like the riverine </span><em>=
Litzlberg Am Attersee</em><span> sold for $40 million a dozen years ago. No=
t long before that in 2006, Paul Allen had won the artist&#8217;s </span><e=
m>Birch Forest</em><span> from 1903 had sold for $40.3 million. It resold l=
ast year for $104 million. How much of that value comes from Allen&#8217;s =
provenance is the question many potential buyers will ask over the next sev=
eral weeks. </span></p><h4 class=3D"header-with-anchor-widget" style=3D"-mo=
z-osx-font-smoothing: subpixel-antialiased; -webkit-font-smoothing: subpixe=
l-antialiased; color: #404040; font-family: 'SF Compact Display', -apple-sy=
stem, BlinkMacSystemFont, 'Segoe UI', Roboto, Helvetica, Arial, sans-serif,=
 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol'; font-size: 1.125=
em; font-weight: bold; line-height: 1.16em; margin: 1em 0 0.625em 0; positi=
on: relative;">Funda&#231;&#227;o Ita&#250; to Sell $30m Louise Bourgeois S=
pider at Sotheby&#8217;s</h4><div class=3D"captioned-image-container-static=
" style=3D"font-size: 16px; line-height: 26px; margin: 32px auto;"><figure =
style=3D"margin: 0 auto; width: 100%;"><table class=3D"image-wrapper" width=
=3D"100%" border=3D"0" cellspacing=3D"0" cellpadding=3D"0" style=3D"mso-pad=
ding-alt: 1em 0 1.6em;"><tbody><tr><td style=3D"text-align: center;"></td><=
td align=3D"left" class=3D"content" width=3D"1456" style=3D"text-align: cen=
ter;"><a class=3D"image-link" target=3D"_blank" href=3D"https://substack.co=
m/redirect/e7782e90-99ee-4775-889a-3ea43c6f5a04?j=3DeyJ1IjoiMjdjZXI5In0.nCN=
hOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"align-items: ce=
nter; border: none; display: block; flex-direction: column; height: auto; m=
argin: 0; padding: 0; position: relative; text-decoration: none; width: aut=
o;"><img data-attrs=3D"{&quot;src&quot;:&quot;https://substack-post-media.s=
3.amazonaws.com/public/images/fe9f5b0c-b9fb-4c27-84dd-348813927f0c_7776x534=
4.jpeg&quot;,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;h=
eight&quot;:1001,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;=
bytes&quot;:1158665,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&=
quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;=
:true,&quot;internalRedirect&quot;:null}" alt=3D"" width=3D"550" height=3D"=
378.125" class=3D"wide-image" src=3D"https://substackcdn.com/image/fetch/w_=
2912,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack=
-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffe9f5b0c-b9fb-4c27-84dd-34=
8813927f0c_7776x5344.jpeg" style=3D"-ms-interpolation-mode: bicubic; border=
: none !important; display: block; height: auto; margin: 0 auto; margin-bot=
tom: 0; max-width: 100% !important; vertical-align: middle; width: auto !im=
portant;"></a></td><td style=3D"text-align: center;"></td></tr></tbody></ta=
ble></figure></div><p style=3D"color: #404040; font-size: 16px; line-height=
: 26px; margin: 0 0 20px 0;">Louise Bougeois&#8217;s monumental spiders hav=
e been trophy works for several years now with two different versions setti=
ng substantial record prices in 2015 and 2019 at $28 and $30 million. Sothe=
by&#8217;s says that this casting hasn&#8217;t been auctioned in more than =
a decade. In 2011, another monumental spider was auctioned for $10.7 millio=
n. That should give one a sense of how fast these works have been rising in=
 price. Originally acquired in 1996 by Olavo Setubal, one of the founders o=
f Ita&#250; Unibanco, this work is now being sold by the Funda&#231;&#227;o=
 Ita&#250; to fund artists in Brazil. </p><div style=3D"font-size: 16px; li=
ne-height: 26px;"><hr style=3D"background: #e0e0e0; border: none; height: 1=
px; margin: 32px 0; padding: 0;"></div><h2 class=3D"header-with-anchor-widg=
et" style=3D"-moz-osx-font-smoothing: subpixel-antialiased; -webkit-font-sm=
oothing: subpixel-antialiased; color: #404040; font-family: 'SF Compact Dis=
play', -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Helvetica, Ar=
ial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol'; =
font-size: 1.625em; font-weight: bold; line-height: 1.16em; margin: 1em 0 0=
=2E625em 0; position: relative;">Deep=20=
Cuts</h2><h4 class=3D"header-with-ancho=
r-widget" style=3D"-moz-osx-font-smoothing: subpixel-antialiased; -webkit-f=
ont-smoothing: subpixel-antialiased; color: #404040; font-family: 'SF Compa=
ct Display', -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Helveti=
ca, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Sym=
bol'; font-size: 1.125em; font-weight: bold; line-height: 1.16em; margin: 1=
em 0 0.625em 0; position: relative;">The Small Boetti Story Continues</h4><=
div class=3D"captioned-image-container-static" style=3D"font-size: 16px; li=
ne-height: 26px; margin: 32px auto;"><figure style=3D"margin: 0 auto; width=
: 100%;"><table class=3D"image-wrapper" width=3D"100%" border=3D"0" cellspa=
cing=3D"0" cellpadding=3D"0" style=3D"mso-padding-alt: 1em 0 1.6em;"><tbody=
><tr><td style=3D"text-align: center;"></td><td align=3D"left" class=3D"con=
tent" width=3D"1456" style=3D"text-align: center;"><a class=3D"image-link" =
target=3D"_blank" href=3D"https://substack.com/redirect/47ec9750-5e33-46ad-=
9d66-4bc72f15be38?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx=
_g6pp7gWdY" rel=3D"" style=3D"align-items: center; border: none; display: b=
lock; flex-direction: column; height: auto; margin: 0; padding: 0; position=
: relative; text-decoration: none; width: auto;"><img data-attrs=3D"{&quot;=
src&quot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/=
5894b95c-6cf1-4238-bb4c-7a067b842629_1996x1836.png&quot;,&quot;fullscreen&q=
uot;:null,&quot;imageSize&quot;:null,&quot;height&quot;:1339,&quot;width&qu=
ot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:8595505,&quot;alt&q=
uot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/png&quot;,&qu=
ot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;internalRedirect&quo=
t;:null}" alt=3D"" width=3D"550" height=3D"505.80357142857144" class=3D"wid=
e-image" src=3D"https://substackcdn.com/image/fetch/w_2912,c_limit,f_auto,q=
_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazon=
aws.com%2Fpublic%2Fimages%2F5894b95c-6cf1-4238-bb4c-7a067b842629_1996x1836.=
png" style=3D"-ms-interpolation-mode: bicubic; border: none !important; dis=
play: block; height: auto; margin: 0 auto; margin-bottom: 0; max-width: 100=
% !important; vertical-align: middle; width: auto !important;"></a></td><td=
 style=3D"text-align: center;"></td></tr></tbody></table></figure></div><h6=
 style=3D"-moz-osx-font-smoothing: subpixel-antialiased; -webkit-font-smoot=
hing: subpixel-antialiased; color: #404040; font-family: 'SF Compact Displa=
y', -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Helvetica, Arial=
, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol'; fon=
t-weight: bold; line-height: 1.16em; margin: 1em 0 0.625em 0;">Alighiero Bo=
etti, Il silenzio &#232; d&#8217;oro (estimate &#8364;40,000) &#8364;82,550=
</h6><p style=3D"color: #404040; font-size: 16px; line-height: 26px; margin=
: 0 0 20px 0;"><span>Sotheby&#8217;s Milan sale of Contemporary art on Apri=
l 20th had seven lots by Alighiero Boetti. One of the works was a sought-af=
ter </span><em>Aeri</em><span>, </span><a href=3D"https://substack.com/redi=
rect/4dabba53-f127-42e8-9829-d590fe4ee8b0?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1=
d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"color: #404040; text-=
decoration: underline;">a body of work that has led the price growth for Bo=
etti&#8217;s work in the last eight years</a><span>, that sold for &#8364;3=
93,700. That&#8217;s a solid price. The other five works were tapestry work=
s, another category of Boetti&#8217;s work that has seen great popularity i=
n recent years on the auction and private sales markets. Just to recap, 202=
2 saw two new record prices achieved for Boetti&#8217;s large </span><em>Ma=
ppa</em><span> works at $5.5 and $8.8 million. Boetti&#8217;s market is seg=
mented by the different bodies of work he created. Much lower down the pric=
e spectrum are the smaller tapestry works that feature 4 x 4 or 5 x 5 squar=
es of multi-colored letters. A larger piece that is composed of 16 5 x 5 sq=
uares was also sold in Milan. The work made $695,000 with fees. Six years a=
go, it was sold for $390,000. Fourteen years before the work was sold at a =
tenth of the price or $39,145. Another of the seven works is a mutli-colore=
d example of </span><em>Segno e disegno </em><span>that sold for $195,000. =
That&#8217;s a discount from the black-and-white examples that regularly se=
ll for prices of $270,000 to $322,000 recently. The other four works in Mil=
an were a 5 x 5 word piece and three 4 x 4 word works. They sold for prices=
 ranging from $90,000 to $140,000, all above the low estimate and in line w=
ith recent prices for these works. The volume of trading in the word works =
continues to rise. In 2022, 24 of the works sold publicly; so far this year=
, there have been eight auctioned. Privately, there were surely many more s=
old. </span></p><div style=3D"font-size: 16px; line-height: 26px;"><hr styl=
e=3D"background: #e0e0e0; border: none; height: 1px; margin: 32px 0; paddin=
g: 0;"></div><h2 class=3D"header-with-anchor-widget" style=3D"-moz-osx-font=
-smoothing: subpixel-antialiased; -webkit-font-smoothing: subpixel-antialia=
sed; color: #404040; font-family: 'SF Compact Display', -apple-system, Blin=
kMacSystemFont, 'Segoe UI', Roboto, Helvetica, Arial, sans-serif, 'Apple Co=
lor Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol'; font-size: 1.625em; font-w=
eight: bold; line-height: 1.16em; margin: 1em 0 0.625em 0; position: relati=
ve;">Notes</h2><ol style=3D"margin-top: 0; padding: 0;"><li style=3D"margin=
: 8px 0 0 32px;"><p style=3D"box-sizing: border-box; color: #404040; font-s=
ize: 16px; line-height: 26px; margin: 0; margin-bottom: 0; padding-left: 4p=
x;"><strong><a href=3D"https://substack.com/redirect/40f79c61-183b-43e4-9b9=
9-aa348d5650ec?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6=
pp7gWdY" rel=3D"" style=3D"color: #404040; text-decoration: underline;">Mar=
fa-nomics:</a><span> </span></strong><span>The success of Marfa, Texas as a=
n art destination has come at a price to the local economy. Visitors to the=
 West Texas city are driving the market for short-term rentals which has, i=
n turn, pushed prices on local homes to $500,000 to $1 million. That&#8217;=
s a lot for a town with around 1800 full-time residents who make a median i=
ncome of just under $40,000 a year. The majority of those folks are Hispani=
c or Latino. </span></p></li><li style=3D"margin: 8px 0 0 32px;"><p style=
=3D"box-sizing: border-box; color: #404040; font-size: 16px; line-height: 2=
6px; margin: 0; margin-bottom: 0; padding-left: 4px;"><strong><a href=3D"ht=
tps://substack.com/redirect/f26a7a20-7d0b-4e1c-ad71-7b3e5de8b8e4?j=3DeyJ1Ij=
oiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=
=3D"color: #404040; text-decoration: underline;">Hill-Stead Reunion</a><spa=
n>:</span></strong><span> Hill-Stead, the museum in Farmington, CT that pre=
serves the home designed by Theodate Pope Riddle with the extraordinary art=
 collection of Alfred Pope, has reunited the original art collection that P=
ope gathered around the turn of the 20th Century. Cleveland industrialist P=
ope was friends with Whistler and Mary Cassatt. Beginning in the late 1880s=
, he acquired 40 important works by Monet, Degas, Manet, Pissarro and Renoi=
r. The exhibition brings two Monets that Pope had sold back to Hill-Stead t=
o hang besides the two Monet grainstacks still in the house. A Cassatt port=
rait returns along with a Degas interior and William Koch is lending his Mo=
net landscape that Theodate had sold in the 1940s. It joins a Monet paintin=
g of a ship at low tide and the third Monet grainstack that Pope had owned =
and eventually sold to the Havemeyers. It is on loan from the Shelburne mus=
eum in Vermont. </span></p></li><li style=3D"margin: 8px 0 0 32px;"><p styl=
e=3D"box-sizing: border-box; color: #404040; font-size: 16px; line-height: =
26px; margin: 0 0 20px 0; margin-bottom: 0; padding-left: 4px;"><strong><a =
href=3D"https://substack.com/redirect/eadc5a18-5fba-44f9-b598-566cd4125a29?=
j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D=
"" style=3D"color: #404040; text-decoration: underline;">The Korean curator=
 of the Gwanju Biennial wants to challenge the conventional narrative outsi=
de of museums: </a></strong><span>The </span><em>South China Morning Post</=
em><span> profiled Sook-kyung Lee, the curator of the Gwanju Biennial, the =
first Korean curator in 15 years. &#8220;At Tate Modern, I first started pu=
rchasing artworks from Asia that the Western audience and curators at Tate =
could easily understand &#8230; [b]ut as I continued to introduce more cont=
emporary artworks from Asia, I eventually realised that I was merely lookin=
g for works that corresponded to the pre-existing concepts in the West. [&#=
8230;] The more I started to think about how, as an institution, we could t=
ry to get rid of hierarchies that were deeply ingrained, [the more] I reali=
sed the standards themselves should also be questioned,&#8221; she says.</s=
pan></p><p style=3D"box-sizing: border-box; color: #404040; font-size: 16px=
; line-height: 26px; margin: 0 0 20px 0; margin-bottom: 0; padding-left: 4p=
x;">&#8220;There is just so much that has been left out in the popular art =
discourse in the past century &#8211; including women and aboriginal cultur=
e to name a few &#8211; that it&#8217;s extremely difficult to cover in a t=
raditional museum setting.&#8221;</p></li></ol><div style=3D"font-size: 16p=
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