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Subject: What We Learned this Week (2314)
From: Artelligence <artelligence@substack.com>
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View this post on the web at https://artelligence.substack.com/p/what-we-le=
arned-this-week-2314

Welcome to the Artelligence newsletter
You are receiving this newsletter because you made an account on LiveArt or=
 you were a subscriber to Art Market Monitor. This is the new home for news=
 and analysis of the global art market from Art Market Monitor and LiveArt.=
 Combined with our Artelligence podcast [ https://substack.com/redirect/462=
c6bd2-e483-403e-96b8-a38b98c273d7?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpi=
srMe5iRnigHXx6Fx_g6pp7gWdY ], it offers a unique perspective on the global =
art market.
If you have questions, tips or suggestions for coverage, contact us here [ =
mailto:maneker@artmarketmonitor.com ].
Please forward the newsletter to anyone you think would like to subscribe. =
If you don=E2=80=99t want or need another newsletter, feel free to unsubscr=
ibe. But we hope you=E2=80=99ll stick with us.
In This Issue
Artelligence Podcast: C.J. Hendry: The Artist as Impresario
Results: Sotheby=E2=80=99s Hong Kong cycle =3D $171m, down 15% from 2022
Lot Watch: Barnett Newman=E2=80=99s Cantos star in a single-owner sale of p=
rints at Christie=E2=80=99s
Notes: Wengechi Mutu now; How Yayoi Kusama overcame her traumas; Lois Dodd=
=E2=80=99s army of supporters; the full immersive; French family offices an=
d Seattle=E2=80=99s Calders.=20
Warhol-Basquiat-Warhol: The Fondation Louis Vuitton has launched its Basqui=
at-Warhol collaboration show in Paris a month before Peter Brant shows off =
his deep holdings of Warhol=E2=80=99s work in New York.=20
Sell to Meet Demand: A LiveArt Collector is seeking a painting by Christina=
 Quarles that was executed after 2019. If you have a work that qualifies, p=
lease get in touch.
Artelligence Podcast
C.J. Hendry: The Artist as Impresario
C.J. Hendry is an artist =E2=80=9Cof sorts,=E2=80=9D she says. She=E2=80=99=
s an Instagram phenom,=C2=A0 an entrepreneur, a copyright provocateur and a=
n impresario. Last year she converted a church in London into an immersive =
experience that involved a never-ending indoor =E2=80=9Csnowstorm.=E2=80=9D=
 This month in Brooklyn, she has created a massive indoor playground for ch=
ildren and adults for a show called Plaid.=C2=A0
From her renovated Brooklyn townhouse just featured in Architectural Digest=
 to acting as her own gallery to a documentary about her Copyright Infringe=
ment public art projects, there=E2=80=99s no shortage of topics to discuss.=
 Hendry and I sat down in her studio to go through them.
Javier Calleja: The Spanish Kawaii artist has a global following. LiveArt h=
as a work on paper from 2017 with an $154,000 asking price.=20
Results
Sotheby=E2=80=99s Hong Kong Contemporary Sales =3D $104m
Sotheby=E2=80=99s Hong Kong Modern Sales =3D $67m
Looking at the numbers from the first major sales in two of the three globa=
l auction centers, the London sales cycle was down 30% but Hong Kong is onl=
y off 15%. The art market in 2022 may have been stuck in 2nd gear but the m=
uch-anticipated global downshift has not been as traumatic as feared. (We w=
ill have more detailed numbers next week in a newsletter.) In the meantime,=
 the headline numbers for Hong Kong are above. Hammer ratios were weak indi=
cating that estimates will need to be recalibrated. The entire cycle is dow=
n 15% from the previous year. But the drop was more pronounced in Modern ar=
t which fell 19% in total sales volume. The Contemporary market was only of=
f 12% year over year.=20
Donald Judd: A LiveArt collector is looking for a medium-sized wooden sculp=
ture with a budget of $300,000 to $500,000.=20
Lot Watch
Prints-a-palooza
Fifteen years ago, one of the rare examples of Barnett Newman=E2=80=99s lit=
hographic series Cantos was auctioned for $2.057 million (that would be $2.=
8m in today=E2=80=99s dollars.) This is a rare event. The work is 2 of 18; =
a dozen of the full sets have entered museum collections; and a few were br=
oken up and sold off as individual prints. This set was purchased by a corp=
orate collection assembled over decades that now. That collection will now =
be sold divided into 400 lots auctioned in a single-owner Evening sale at C=
hristie=E2=80=99s on April 18th [ https://substack.com/redirect/533e3694-7c=
bd-447f-a6bc-7a8ed989ba44?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRn=
igHXx6Fx_g6pp7gWdY ]. The collection has full sets of David Hockney=E2=80=
=99s Rake=E2=80=99s Progress (estimated at $250k), Andy Warhol=E2=80=99s Fl=
owers (estimated at $2m), Henri Matisse=E2=80=99s Jazz (estimated at $400),=
 Agnes Martin, On a Clear Day (estimated at $150k) and Jasper Johns=E2=80=
=99s Color Numeral Series (estimated at $700k); other artists featured in d=
epth in the collection include Donald Judd, Jasper Johns, Josef Albers, Bli=
nky Palermo, Paul Klee and Wassily Kandinksy.
Amani Lewis: LiveArt has a painting from 2020 on offer with a $72,000 askin=
g price.=20
Notes
Wengechi Mutu Now!  [ https://substack.com/redirect/5a924e66-f386-4d48-a81b=
-523975005297?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6p=
p7gWdY ]Curator Margot Norton spoke to Ocula about the New Museum show she =
organized with Vivian Crockett with the help of Ian Wallace.
Her work has been seen in New York at various points throughout her career,=
 but we felt that there was an important opportunity to showcase the arc of=
 her practice, starting with the sculptural work that she made as a student=
 in the nineties and up until the present. Throughout her career, there hav=
e been shifts as she has continued to experiment and push her work in diffe=
rent media, including collage, sculpture, performance, and film. We felt th=
at bringing these works together would be important to seeing through-lines=
 and connections between her bodies of work. It was also important to highl=
ight her work because so many artists today are working with natural materi=
als, cyborgian creatures, and themes Wangechi explored for decades.
How Yayoi Kusama Transfomed Her Terrors into Art [ https://substack.com/red=
irect/d9248088-ac10-4349-bde3-44c26f9ad6c7?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c=
1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY ]: Will Gompertz has a nice pocket biog=
raphy of Yayoi Kusama on Lit Hub. Kusama=E2=80=99s fame and market clout ar=
e peaking with her global museums shows like the M+ retrospective now open,=
 gallery events and the massive marketing push from her collaboration with =
LVMH. On the auction market, more than $60 million in Kusama=E2=80=99s art =
has already been hammered down. That gives her the 8th highest volume for a=
ny artist on the auction market in Q1 of 2023. That was without the $39 mil=
lion spent on her art in April=E2=80=99s Hong Kong sales. Gompertz writes t=
his about Kusama=E2=80=99s tactics in the 60s but they could also apply to =
the nonagenarian today:
The impulsive conclusion might be to write Kusama off as a media-manipulati=
ng show-off. That was certainly the opinion the press reached in both Ameri=
ca and Japan by the early 1970s. And they were right, up to a point. She wa=
s and is a savvy operator when it comes to attention-grabbing public relati=
ons. But with good reason. First, she had to stand out and stand up for her=
self to have any chance of making it as an unknown Japanese woman in the ma=
n=E2=80=99s world that was America=E2=80=99s post-war art scene. And second=
, she is her art, inside and out. She turns her panic-inducing alarm into p=
ositive, life-enhancing experiences. By going that extra step, and placing =
herself in her art and inhabiting her Kusama World, she is completing the a=
rtwork=E2=80=94the star in her universe enjoying the fantasy and the freedo=
m: Alice in her Wonderland.
The Politics of Museum Representation: [ https://substack.com/redirect/aefd=
c70e-d2ae-45b7-8eba-a0f3daf48b5b?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpis=
rMe5iRnigHXx6Fx_g6pp7gWdY ] The running subtext of Hilarie Sheets=E2=80=99s=
 profile Lois Dodd is the role collectors (and artists acting as collectors=
) play in getting an artist=E2=80=99s work into a museum or mounting a mean=
ingful retrospective. The 95-year-old Dodd who has been present in the New =
York art world as a painter and teacher for the entire post-war period now =
has a show at the Bruce Museum in Greenwich [ https://substack.com/redirect=
/1d1d6266-1326-4304-ab72-9be7da2a69c9?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQ=
mMpisrMe5iRnigHXx6Fx_g6pp7gWdY ]. =E2=80=9CThe show originated last year at=
 the Hall Art Foundation [ https://substack.com/redirect/f333a3fd-fadc-4c15=
-81f0-497059c1cf5f?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6F=
x_g6pp7gWdY ] in Vermont, which has the largest collection of Dodd=E2=80=99=
s work, and is now expanded with more than 30 new loans.=E2=80=9D To many, =
a private collector=E2=80=99s show would be decried as market manipulation.=
 Yet to get her work into museums, Dodd has had to rely on the support of a=
rtists like her long-time friend Alex Katz whose foundation has bought work=
 from Dodd=E2=80=99s shows and donated them to Maine museums where both liv=
e in the Summer. It took until 2018 when Robert Gober bought and donated on=
e of Dodd=E2=80=99s works to get her included in the Museum of Modern Art. =
Even so, the painting has languished in storage for four years since then. =
 Ann Temkin, MoMA=E2=80=99s chief curator, basically admits that she has no=
 idea when it might get hung for the public. One could easily conclude that=
 Dodd=E2=80=99s work just doesn=E2=80=99t rise to the level curators find r=
elevant. If so, this is a good lesson in the limits of collector influence.=
 If not, it is an example of how easily good work can get overlooked.=20
Give Me the Full Immersive! [ https://substack.com/redirect/9bb709f6-f473-4=
2a9-978e-39fab1dcb637?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHX=
x6Fx_g6pp7gWdY ] New York Magazine=E2=80=99s former restaurant critic, Adam=
 Platt, has developed a taste for immersive artist experiences.  After visi=
ting spectacles created from the work of Klimt, Kahlo, King Tut and Monet, =
as well as discussing the concept with the creators of the van Gogh and Dav=
id Hockney experiences, Platt tells us the events are meant to animate and =
advocate for the work of the artists, not supplant the museum going necessa=
ry to experience the art. He says, =E2=80=9CI can report with some surprise=
, after immersing myself in quite a few, is the easy, dreamy, slightly addi=
ctive quality of the shows. As you move from one pleasantly distracting set=
 piece to another, pondering when to ingest the lemon-flavored edible in yo=
ur pocket, it feels like playing hooky =E2=80=94 a reprieve from the hushed=
, ponderous solemnity of the Establishment museums and galleries.=E2=80=9D
France Needs Family Offices: [ https://substack.com/redirect/ca01ed1e-5197-=
4f51-bfa4-9e658c16522e?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigH=
Xx6Fx_g6pp7gWdY ] Bloomberg cites a family office association in France for=
 the statistic that there are 300 rich French families that could benefit f=
rom having their own family offices and another 200 families that should be=
 part of so-called =E2=80=9Cmulti-family=E2=80=9D offices. A generation of =
private wealth is being passed to younger folks in France as well as more t=
ech money springing up.=20
Seattle Keeps Its Calder Trove: [ https://substack.com/redirect/01b22de2-d2=
d1-46b0-99e7-846c443b9a1b?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRn=
igHXx6Fx_g6pp7gWdY ] Jon Shirley, once president of Microsoft, began collec=
ting works by Alexander Calder in 1988. This week it was announced he would=
 donate 48 Calders to the Seattle Art Museum along with a $10 million endow=
ment to for programming and research around the artist. That gift is in add=
ition to the estimated $200 million value of the four dozen works.=20
Michaela Yearwood-Dan: A LiveArt collector is looking for a painting with a=
 $50,000 to $400,000 budget.=20
Warhol-Basquiat-Warhol
The Fondation Louis Vuitton=E2=80=99s Jean-Michel Basquiat exhibition found=
 a New York home at the Brant Foundation in 2019. Two years later, Andy War=
hol=E2=80=99s portrait of Jean-Michel Basquiat sold in New York for $40 mil=
lion, a record for any of Warhol=E2=80=99s oxidation paintings. This week, =
the Fondation Louis Vuitton has opened a follow-up show to the Basquiat eve=
nt which drew 700,000 vistors. =E2=80=9CBasquiat x Warhol, Four Hands=E2=80=
=9D features 80 paintings or about half of the canvases the two worked on t=
ogether. These paintings only began to gain traction in the auction market =
around 2016. Since that time, 10 paintings have sold at auction for prices =
above $2 million. The most expensive depicted an NYC yellow cab and made $9=
=2E4 million in 2018. [ https://substac=
k.com/redirect/34a4fc41-ec2d-4109-ab65=
-8ddb606226af?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6p=
p7gWdY ] Not to be left out of the action, the Brant Foundation will open a=
 show of Warhol=E2=80=99s work [ https://substack.com/redirect/287b7af3-6e9=
3-4804-bb9f-a4de692128af?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRni=
gHXx6Fx_g6pp7gWdY ] in early May. Thirty Art Better than One will include 1=
00 Warhols largely from Brant=E2=80=99s own deep holdings of the artist. Pe=
ter Brant is also the curator.=20
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@media screen and (max-width: 650px) {
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@media (max-width: 420px) {
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}


@media screen and (min-width: 420px) and (max-width: 600px) {
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}


@media (max-width: 420px) {
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@media (max-width: 600px) {
  .typography .markup .install-substack-app-embed .install-substack-app-emb=
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@media screen and (min-width: 481px) {
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}


@media screen and (min-width: 481px) {
  .share-button-container a.comment {
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}


@media screen and (max-width: 480px) {
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@media screen and (max-width: 480px) {
  .share-button-container a.share.first img {
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}


@media screen and (min-width: 481px) {
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}


@media screen and (max-width: 650px) {
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}


@media screen and (max-width: 1000px) {
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}


@media screen and (max-width: 500px) {
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}


@media screen and (min-width: 541px) {
  .settings-add-pub-modal-wrapper .container .add-recommending-pub-modal-co=
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}


@media screen and (min-width: 541px) {
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}


@media screen and (max-width: 840px) {
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}


@media screen and (min-width: 768px) {
  .post {
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}


@media screen and (max-width: 650px) {
  .post .post-header .post-label {
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@media screen and (max-width: 650px) {
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@media screen and (max-width: 650px) {
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}


@media screen and (max-width: 650px) {
  .post .post-footer.use-separators {
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}


@media screen and (max-width: 650px) {
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@media screen and (max-width: 650px) {
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}


@media screen and (min-width: 768px) {
  .post-silhouette {
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}


@media screen and (max-width: 650px) {
  .post-silhouette .post-silhouette-title {
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}


@media screen and (max-width: 650px) {
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}


@media screen and (max-width: 650px) {
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}


@media screen and (max-width: 650px) {
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}


@media screen and (max-width: 370px) {
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}


@media screen and (max-width: 650px) {
  .use-theme-bg .post-meta.alternative-meta .post-meta-item.guest-author-pu=
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}


@media screen and (max-width: 370px) {
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}


@media screen and (max-width: 370px) {
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}


@media screen and (max-width: 650px) {
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}


@media screen and (max-width: 650px) {
  .post-preview > .post-preview-image {
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}


@media screen and (max-width: 650px) {
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}


@media screen and (max-width: 650px) {
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}


@media all and (-ms-high-contrast: none), (-ms-high-contrast: active) {
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}


@media screen and (max-width: 650px) {
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}


@media screen and (max-width: 370px) {
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}


@media screen and (max-width: 650px) {
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}


@media screen and (max-width: 650px) {
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    padding: 24px;
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}


@media screen and (max-width: 650px) {
  body .markup div.subscription-widget-wrap .subscription-widget.show-subsc=
ribe .subscription-widget-subscribe .button,
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e .subscription-widget-subscribe .button {
    padding: 10px 12px;
    min-width: 110px;
  }
}


@media (max-width: 650px) {
  body .markup .tweet {
    padding: 12px;
  }
}


@media (max-width: 650px) {
  body .markup .tweet .tweet-text {
    font-size: 14px;
    line-height: 20px;
  }
}


@media (max-width: 650px) {
  body .markup .tweet .tweet-photos-container.two,
  body .markup .tweet .tweet-photos-container.three,
  body .markup .tweet .tweet-photos-container.four {
    height: 200px;
  }
}


@media (max-width: 650px) {
  body .markup .tweet a.expanded-link .expanded-link-img {
    max-height: 180px;
  }
}


@media (max-width: 650px) {
  body .markup .tweet a.expanded-link .expanded-link-description {
    display: none;
  }
}


@media screen and (max-width: 650px) {
  body .markup .apple-podcast-container {
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  }
}


@media (max-width: 420px) {
  body .markup .install-substack-app-embed img.install-substack-app-embed-i=
mg {
    margin: 0 auto 16px auto;
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}


@media screen and (min-width: 420px) and (max-width: 600px) {
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    max-width: calc(100% - 100px);
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}


@media (max-width: 420px) {
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    max-width: 100%;
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}


@media (max-width: 600px) {
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}


@media screen and (min-width: 500px) {
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}


@media screen and (max-width: 420px) {
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}


@media screen and (min-width: 481px) {
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}


@media screen and (max-width: 480px) {
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}


@media screen and (max-width: 650px) {
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}


@media screen and (min-width: 500px) {
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    height: 42px;
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}


@media screen and (max-width: 650px) {
  .comments-page .container .comment-list .collapsed-reply {
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}


@media screen and (max-width: 650px) {
  .comment > .comment-list {
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}


@media screen and (max-width: 650px) {
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}


@media (max-width: 650px) {
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}


@media screen and (max-width: 650px) {
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}


@media screen and (min-width: 541px) {
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}


@media screen and (max-width: 650px) {
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}


@media screen and (min-width: 541px) {
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}


@media screen and (max-width: 650px) {
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}


@media screen and (max-width: 768px) {
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}


@media screen and (max-width: 768px) {
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}


@media screen and (max-width: 768px) {
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}


@media only screen and (max-width: 650px) {
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}


@media only screen and (min-width: 630px) {
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@media screen and (min-width: 541px) {
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}


@media screen and (max-width: 650px) {
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}


@media screen and (max-width: 650px) {
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}


@media screen and (max-width: 650px) {
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@media screen and (max-width: 650px) {
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}


@media (min-width: 250px) {
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}


@media (min-width: 300px) {
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}


@media (min-width: 350px) {
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  .audio-player-wrapper-fancy .audio-player .audio-player-title {
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}


@media (min-width: 350px) {
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    padding-top: 25%;
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}


@media (min-width: 400px) {
  .audio-player-wrapper-fancy .audio-player .audio-player-hero-image-contai=
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    padding-top: 40%;
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}


@media (max-width: 400px) {
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  .audio-player-wrapper-fancy .audio-player .btn-group .button {
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    padding: 6px 12px;
    height: auto;
    margin-top: 10px;
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}


@media (min-width: 600px) {
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ner {
    padding-top: 55%;
    width: 55%;
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}


@media (max-width: 650px) {
  .poll-editor-modal {
    min-width: calc(100% - 20px);
  }
}


@media (max-width: 750px) {
  .poll-embed .poll-anchor-target .poll-anchor-copy-button {
    left: 8px;
    top: 45px;
  }
}


@media screen and (min-width: 541px) {
  .poll-embed .poll-wrapper.poll-web .poll-dialog .modal-table .modal-row .=
modal-content > .container {
    width: 552px;
    padding: 26px 24px;
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}


@media screen and (max-width: 650px) {
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modal-content > .container {
    padding: 40px 0;
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}


@media screen and (max-width: 650px) {
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}
</style></head><body class=3D"email-body" style=3D"font-kerning: auto;"><im=
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rgin-top:0 !important;margin-bottom:0 !important;margin-right:0 !important;=
margin-left:0 !important;padding-top:0 !important;padding-bottom:0 !importa=
nt;padding-right:0 !important;padding-left:0 !important;"/><div style=3D"di=
splay:none;font-size:1px;color:#333333;line-height:1px;max-height:0px;max-w=
idth:0px;opacity:0;overflow:hidden;" class=3D"preview">Sotheby's Hong Kong =
sales were down 15% + C.J. Hendry's Plaid event + Warhol-Basquiat-Warhol &#=
160;&#8204;&#160;&#8204;&#160;&#8204;&#160;&#8204;&#160;&#8204;&#160;&#8204=
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</td></tr></table><div dir=3D"auto" class=3D"post typography" style=3D"font=
-size: 16px; line-height: 26px; padding: 16px 0 0 0;"><div class=3D"post-he=
ader" style=3D"font-size: 16px; line-height: 26px;"><h1 class=3D"post-title=
 published" style=3D"-moz-osx-font-smoothing: subpixel-antialiased; -webkit=
-font-smoothing: subpixel-antialiased; color: #404040; font-family: 'SF Com=
pact Display', -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Helve=
tica, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI S=
ymbol'; font-size: 32px; font-weight: bold; line-height: 36px; margin: 0;">=
<a href=3D"https://substack.com/app-link/post?publication_id=3D2259&post_id=
=3D113108581&utm_source=3Dpost-email-title&isFreemail=3Dtrue&token=3DeyJ1c2=
VyX2lkIjoxMzMyNjg2NjEsInBvc3RfaWQiOjExMzEwODU4MSwiaWF0IjoxNjgwODc0MzM2LCJle=
HAiOjE2ODM0NjYzMzYsImlzcyI6InB1Yi0yMjU5Iiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.H1p=
hGqlFyH-SPU3HoIAlxWL4625ugRN4iHbrfUjXZsw" style=3D"color: #404040; text-dec=
oration: none;">What We Learned this Week (2314)</a></h1><h3 class=3D"subti=
tle" style=3D"-moz-osx-font-smoothing: subpixel-antialiased; -webkit-font-s=
moothing: subpixel-antialiased; color: #808080; font-family: 'SF Compact Di=
splay', -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Helvetica, A=
rial, sans-serif, 'Apple Color 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 Hong Kong sales were down 15% + C.J. Hendry's =
Plaid event + Warhol-Basquiat-Warhol</h3><table role=3D"presentation" width=
=3D"100%" border=3D"0" cellspacing=3D"0" cellpadding=3D"0" class=3D"post-me=
ta" style=3D"align-items: center; height: 20px; margin: 1em 0;"><tr><td><ta=
ble role=3D"presentation" width=3D"auto" border=3D"0" cellspacing=3D"0" cel=
lpadding=3D"0"><tr><td><table role=3D"presentation" width=3D"auto" border=
=3D"0" cellspacing=3D"0" cellpadding=3D"0"><tr><td style=3D"vertical-align:=
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rgin: 0; text-decoration: unset; text-transform: uppercase;"><a href=3D"htt=
ps://substack.com/redirect/696c31f3-e6cf-4fde-9522-0be553e15cc8?j=3DeyJ1Ijo=
iMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" style=3D"color: #=
404040; font-family: 'SF Compact Text','SF Pro Text',-apple-system,BlinkMac=
SystemFont,'Inter','Segoe UI',Roboto,Helvetica,Arial,sans-serif,'Apple Colo=
r Emoji','Segoe UI Emoji','Segoe UI Symbol'; font-size: 11px; font-weight: =
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arion Maneker</a></div></td></tr></table></td></tr><tr><td><table role=3D"p=
resentation" width=3D"auto" border=3D"0" cellspacing=3D"0" cellpadding=3D"0=
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Emoji','Segoe UI Symbol'; font-size: 11px; font-weight: 500; line-height: 2=
0px; margin: 0; text-decoration: unset; text-transform: uppercase;"><time d=
ateTime=3D"2023-04-07T13:31:52.798Z">Apr 7</time></div></td></tr></table></=
td></tr></table></td></tr></table><table role=3D"presentation" width=3D"100=
%" border=3D"0" cellspacing=3D"0" cellpadding=3D"0" class=3D"email-ufi-2-to=
p" style=3D"border-bottom: 1px solid #e0e0e0; border-top: 1px solid #e0e0e0=
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esentation" width=3D"38" border=3D"0" cellspacing=3D"0" cellpadding=3D"0"><=
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sentation" width=3D"auto" border=3D"0" cellspacing=3D"0" cellpadding=3D"0">=
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60;Listen</span></a></td></tr></table></td></tr></table></td></tr></table><=
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ubpixel-antialiased; -webkit-font-smoothing: subpixel-antialiased; color: #=
404040; font-family: 'SF Compact Display', -apple-system, BlinkMacSystemFon=
t, 'Segoe UI', Roboto, Helvetica, Arial, sans-serif, 'Apple Color Emoji', '=
Segoe UI Emoji', 'Segoe UI Symbol'; font-size: 1.125em; font-weight: bold; =
line-height: 1.16em; margin: 1em 0 0.625em 0; margin-top: 0; position: rela=
tive;"><span>Welcome to the </span><strong>Artelligence</strong><span> news=
letter</span></h4><p style=3D"color: #404040; font-size: 16px; line-height:=
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e new home for news and analysis of the global art market from </span><stro=
ng>Art Market Monitor</strong><span> and </span><strong>LiveArt</strong><sp=
an>. Combined with our </span><a href=3D"https://substack.com/redirect/462c=
6bd2-e483-403e-96b8-a38b98c273d7?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpis=
rMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"color: #404040; text-decoratio=
n: underline;">Artelligence podcast</a><span>, it offers a unique perspecti=
ve on the global art market.</span></p><p style=3D"color: #404040; font-siz=
e: 16px; line-height: 26px; margin: 0 0 20px 0;"><span>If you have question=
s, tips or suggestions for coverage, </span><a href=3D"https://substack.com=
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R0cHM6Ly9hcnRlbGxpZ2VuY2Uuc3Vic3RhY2suY29tL2FjY291bnQiLCJwIjoxMTMxMDg1ODEsI=
nMiOjIyNTksImYiOnRydWUsInUiOjEzMzI2ODY2MSwiaWF0IjoxNjgwODc0MzM2LCJleHAiOjE2=
ODM0NjYzMzYsImlzcyI6InB1Yi0wIiwic3ViIjoibGluay1yZWRpcmVjdCJ9.6myectaJlxtH3K=
ZONTgnn810VwYqkaDOzSBtX-tOZtY?" class=3D"button subscribe-btn outline" styl=
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rsor: pointer; display: inline-block; font-family: -apple-system, BlinkMacS=
ystemFont, 'Segoe UI', Roboto, Helvetica, Arial, sans-serif, 'Apple Color E=
moji', 'Segoe UI Emoji', 'Segoe UI Symbol'; font-size: 14px; font-weight: 6=
00; height: auto; line-height: 20px; margin: 0 auto; opacity: 1; outline: n=
one; padding: 12px 20px; text-align: center; text-decoration: none !importa=
nt; white-space: nowrap;"><img src=3D"https://substackcdn.com/image/fetch/w=
_40,c_scale,f_png,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack.c=
om%2Ficon%2FLucideCheck%3Fv%3D4%26height%3D40%26fill%3Dtransparent%26stroke=
%3D%2523653366%26strokeWidth%3D3.6" width=3D"20" height=3D"20" style=3D"-ms=
-interpolation-mode: bicubic; border: none !important; display: inline-bloc=
k; height: auto; margin: -2px 8px 0 0; max-width: 20px; vertical-align: mid=
dle;" alt=3D"" class=3D"check-icon static"><span style=3D"text-decoration: =
none;">Subscribe</span></a></p></div><div style=3D"font-size: 16px; line-he=
ight: 26px;"><hr style=3D"background: var(--color-detail); border: none; he=
ight: 1px; margin: 32px 0; padding: 0;"></div><p style=3D"color: #404040; f=
ont-size: 16px; line-height: 26px; margin: 0 0 20px 0;"><strong>In This Iss=
ue</strong></p><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>Artelligence Podcast: </strong><span>C.J. Hendry: The Artist as=
 Impresario</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: 26px;=
 margin: 0; margin-bottom: 0; padding-left: 4px;"><strong>Results:</strong>=
<span> Sotheby&#8217;s Hong Kong cycle =3D $171m, down 15% from 2022</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: 26px; margin: 0; margin=
-bottom: 0; padding-left: 4px;"><strong>Lot Watch:</strong><span> Barnett N=
ewman&#8217;s </span><em>Cantos </em><span>star in a single-owner sale of p=
rints at Christie&#8217;s</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: 26px; margin: 0; margin-bottom: 0; padding-left: 4px;"><strong>Not=
es: </strong><span>Wengechi Mutu now; How Yayoi Kusama overcame her traumas=
; Lois Dodd&#8217;s army of supporters; the full immersive; French family o=
ffices and Seattle&#8217;s Calders. </span></p></li><li style=3D"margin: 8p=
x 0 0 32px;"><p style=3D"box-sizing: border-box; color: #404040; font-size:=
 16px; line-height: 26px; margin: 0; margin-bottom: 0; padding-left: 4px;">=
<strong>Warhol-Basquiat-Warhol:</strong><span> The Fondation Louis Vuitton =
has launched its Basquiat-Warhol collaboration show in Paris a month before=
 Peter Brant shows off his deep holdings of Warhol&#8217;s work in New York=
=2E </span></p></li></ol><div style=3D"f=
ont-size: 16px; line-height: 26px;"><=
hr style=3D"background: var(--color-detail); border: none; height: 1px; mar=
gin: 32px 0; padding: 0;"></div><p style=3D"color: #404040; font-size: 16px=
; line-height: 26px; margin: 0 0 20px 0;"><em><strong>Sell to Meet Demand</=
strong></em><strong>: </strong><span>A LiveArt Collector is seeking a paint=
ing by Christina Quarles that was executed after 2019. If you have a work t=
hat qualifies, please get in touch.</span></p><p class=3D"button-wrapper" d=
ata-attrs=3D"{&quot;url&quot;:&quot;https://liveart.io/wishes/V2lzaGxpc3RUe=
XBlOjIxMDI=3D?utm_campaign=3DSales%20Email&amp;utm_medium=3Demail&amp;_hsmi=
=3D253239296&amp;_hsenc=3Dp2ANqtz-__UklLV5H-0mfuDjQa4yFyX_R-U5dZ3fidHxzP4ue=
q5LnulK5Wrq5G-FZ6LupMwR_ErGslQW1jsDZElJbBYOZnI8ZEcw&amp;utm_content=3D25323=
9296&amp;utm_source=3Dhs_email&quot;,&quot;text&quot;:&quot;View on Trading=
 Floor&quot;,&quot;action&quot;:null,&quot;class&quot;:null}" style=3D"colo=
r: #404040; font-size: 16px; line-height: 26px; margin: 0 0 20px 0; text-al=
ign: center;"><a class=3D"button primary" href=3D"https://substack.com/redi=
rect/ae50b4de-1ab3-415f-b8e2-dfbf3d59e15a?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1=
d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"background-color: #65=
3366; border: none; border-radius: 4px; box-sizing: border-box; color: #fff=
fff !important; cursor: pointer; display: inline-block; font-family: -apple=
-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Helvetica, Arial, sans-ser=
if, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol'; font-size: 14=
px; font-weight: 600; height: auto; line-height: 20px; margin: 0; opacity: =
1; outline: none; padding: 12px 20px; text-align: center; text-decoration: =
none !important; white-space: nowrap;"><span style=3D"color: #ffffff; text-=
decoration: none;">View on Trading Floor</span></a></p><div style=3D"font-s=
ize: 16px; line-height: 26px;"><hr style=3D"background: var(--color-detail)=
; border: none; height: 1px; margin: 32px 0; padding: 0;"></div><h2 class=
=3D"header-with-anchor-widget" style=3D"-moz-osx-font-smoothing: subpixel-a=
ntialiased; -webkit-font-smoothing: subpixel-antialiased; color: #404040; f=
ont-family: 'SF Compact Display', -apple-system, BlinkMacSystemFont, 'Segoe=
 UI', Roboto, Helvetica, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI =
Emoji', 'Segoe UI Symbol'; font-size: 1.625em; font-weight: bold; line-heig=
ht: 1.16em; margin: 1em 0 0.625em 0; position: relative;">Artelligence Podc=
ast</h2><h4 class=3D"header-with-anchor-widget" style=3D"-moz-osx-font-smoo=
thing: subpixel-antialiased; -webkit-font-smoothing: subpixel-antialiased; =
color: #404040; font-family: 'SF Compact Display', -apple-system, BlinkMacS=
ystemFont, 'Segoe UI', Roboto, Helvetica, Arial, sans-serif, 'Apple Color E=
moji', 'Segoe UI Emoji', 'Segoe UI Symbol'; font-size: 1.125em; font-weight=
: bold; line-height: 1.16em; margin: 1em 0 0.625em 0; position: relative;">=
<strong>C.J. Hendry: The Artist as Impresario</strong></h4><div class=3D"ca=
ptioned-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" cell=
padding=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=
"503" style=3D"text-align: center;"><a class=3D"image-link" target=3D"_blan=
k" href=3D"https://substack.com/redirect/5287b152-8049-4c27-ab49-f339594ac6=
f1?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=
=3D"" style=3D"align-items: center; border: none; display: block; flex-dire=
ction: column; height: auto; margin: 0; padding: 0; position: relative; tex=
t-decoration: none; width: auto;"><img data-attrs=3D"{&quot;src&quot;:&quot=
;https://substack-post-media.s3.amazonaws.com/public/images/43f1f8fc-50a8-4=
3cf-b5cc-1f3591255dd8_2052x2052.jpeg&quot;,&quot;fullscreen&quot;:null,&quo=
t;imageSize&quot;:null,&quot;height&quot;:1456,&quot;width&quot;:1456,&quot=
;resizeWidth&quot;:503,&quot;bytes&quot;:3815984,&quot;alt&quot;:null,&quot=
;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:=
&quot;https://soundcloud.com/artelligence/cj-hendry-the-artist-as-impresari=
o?si=3Dc5a7b657995d41349ccbc8b4f766e07a&amp;utm_source=3Dclipboard&amp;utm_=
medium=3Dtext&amp;utm_campaign=3Dsocial_sharing&quot;,&quot;belowTheFold&qu=
ot;:true,&quot;internalRedirect&quot;:null}" alt=3D"" width=3D"503" height=
=3D"503" class=3D"" src=3D"https://substackcdn.com/image/fetch/w_503,c_limi=
t,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media=
=2Es3.amazonaws.com%2Fpublic%2Fimages%2=
F43f1f8fc-50a8-43cf-b5cc-1f3591255dd8_=
2052x2052.jpeg" style=3D"-ms-interpolation-mode: bicubic; border: none !imp=
ortant; display: 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></figur=
e></div><p style=3D"color: #404040; font-size: 16px; line-height: 26px; mar=
gin: 0 0 20px 0;">C.J. Hendry is an artist &#8220;of sorts,&#8221; she says=
=2E She&#8217;s an Instagram phenom,&#1=
60; an entrepreneur, a copyright provo=
cateur and an impresario. Last year she converted a church in London into a=
n immersive experience that involved a never-ending indoor &#8220;snowstorm=
=2E&#8221; This month in Brooklyn, she=20=
has created a massive indoor playgroun=
d for children and adults for a show called Plaid.&#160;</p><p style=3D"col=
or: #404040; font-size: 16px; line-height: 26px; margin: 0 0 20px 0;">From =
her renovated Brooklyn townhouse just featured in Architectural Digest to a=
cting as her own gallery to a documentary about her Copyright Infringement =
public art projects, there&#8217;s no shortage of topics to discuss. Hendry=
 and I sat down in her studio to go through them.</p><p class=3D"button-wra=
pper" data-attrs=3D"{&quot;url&quot;:&quot;https://soundcloud.com/artellige=
nce/cj-hendry-the-artist-as-impresario?si=3D7f6718c34b6c4ae28e1c7da001b6fb9=
a&amp;utm_source=3Dclipboard&amp;utm_medium=3Dtext&amp;utm_campaign=3Dsocia=
l_sharing&quot;,&quot;text&quot;:&quot;Listen Here!&quot;,&quot;action&quot=
;:null,&quot;class&quot;:null}" style=3D"color: #404040; font-size: 16px; l=
ine-height: 26px; margin: 0 0 20px 0; text-align: center;"><a class=3D"butt=
on primary" href=3D"https://substack.com/redirect/011d8553-a618-4efc-9057-0=
7248a342b49?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7=
gWdY" rel=3D"" style=3D"background-color: #653366; border: none; border-rad=
ius: 4px; box-sizing: border-box; color: #ffffff !important; cursor: pointe=
r; display: inline-block; font-family: -apple-system, BlinkMacSystemFont, '=
Segoe UI', Roboto, Helvetica, Arial, sans-serif, 'Apple Color Emoji', 'Sego=
e UI Emoji', 'Segoe UI Symbol'; font-size: 14px; font-weight: 600; height: =
auto; line-height: 20px; margin: 0; opacity: 1; outline: none; padding: 12p=
x 20px; text-align: center; text-decoration: none !important; white-space: =
nowrap;"><span style=3D"color: #ffffff; text-decoration: none;">Listen Here=
!</span></a></p><div style=3D"font-size: 16px; line-height: 26px;"><hr styl=
e=3D"background: var(--color-detail); border: none; height: 1px; margin: 32=
px 0; padding: 0;"></div><p style=3D"color: #404040; font-size: 16px; line-=
height: 26px; margin: 0 0 20px 0;"><strong>Javier Calleja:</strong><span> T=
he Spanish </span><em>Kawaii</em><span> artist has a global following. Live=
Art has a work on paper from 2017 with an $154,000 asking price. </span></p=
><p class=3D"button-wrapper" data-attrs=3D"{&quot;url&quot;:&quot;https://l=
iveart.io/products/view/UHJvZHVjdFR5cGU6NTA2Mw=3D=3D?utm_campaign=3DSales%2=
0Email&amp;utm_medium=3Demail&amp;_hsmi=3D253239296&amp;_hsenc=3Dp2ANqtz-_2=
90EdLEl9wqSkC1KmpWUWfAsNAjSqbnPM01ync0GRZkqBXQCKki3ekNDRciaMToiJNcP9LChKLva=
V9kpoGFTG3V6hYw&amp;utm_content=3D253239296&amp;utm_source=3Dhs_email&quot;=
,&quot;text&quot;:&quot;View on Trading Floor&quot;,&quot;action&quot;:null=
,&quot;class&quot;:null}" style=3D"color: #404040; font-size: 16px; line-he=
ight: 26px; margin: 0 0 20px 0; text-align: center;"><a class=3D"button pri=
mary" href=3D"https://substack.com/redirect/1cf6d909-4660-4594-a48b-e257da6=
38af7?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" =
rel=3D"" style=3D"background-color: #653366; border: none; border-radius: 4=
px; box-sizing: border-box; color: #ffffff !important; cursor: pointer; dis=
play: inline-block; font-family: -apple-system, BlinkMacSystemFont, 'Segoe =
UI', Roboto, Helvetica, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI E=
moji', 'Segoe UI Symbol'; font-size: 14px; font-weight: 600; height: auto; =
line-height: 20px; margin: 0; opacity: 1; outline: none; padding: 12px 20px=
; text-align: center; text-decoration: none !important; white-space: nowrap=
;"><span style=3D"color: #ffffff; text-decoration: none;">View on Trading F=
loor</span></a></p><div style=3D"font-size: 16px; line-height: 26px;"><hr s=
tyle=3D"background: var(--color-detail); border: none; height: 1px; margin:=
 32px 0; padding: 0;"></div><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', -a=
pple-system, BlinkMacSystemFont, '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;"><strong>Results</strong></h2><h4 class=3D"header-with=
-anchor-widget" style=3D"-moz-osx-font-smoothing: subpixel-antialiased; -we=
bkit-font-smoothing: subpixel-antialiased; color: #404040; font-family: 'SF=
 Compact Display', -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, H=
elvetica, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe =
UI Symbol'; font-size: 1.125em; font-weight: bold; line-height: 1.16em; mar=
gin: 1em 0 0.625em 0; position: relative;"><strong>Sotheby&#8217;s Hong Kon=
g Contemporary Sales =3D $104m</strong></h4><div class=3D"captioned-image-c=
ontainer-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" s=
tyle=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"_blank" href=3D"http=
s://substack.com/redirect/1c3f5cae-a315-473d-821d-d31d58244605?j=3DeyJ1Ijoi=
MjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"=
align-items: center; border: none; display: block; flex-direction: column; =
height: auto; margin: 0; padding: 0; position: relative; text-decoration: n=
one; width: auto;"><img data-attrs=3D"{&quot;src&quot;:&quot;https://substa=
ck-post-media.s3.amazonaws.com/public/images/a5dd4055-8e37-4e13-911b-f1d654=
e25172_1920x1080.jpeg&quot;,&quot;fullscreen&quot;:null,&quot;imageSize&quo=
t;:null,&quot;height&quot;:819,&quot;width&quot;:1456,&quot;resizeWidth&quo=
t;:null,&quot;bytes&quot;:554734,&quot;alt&quot;:null,&quot;title&quot;:nul=
l,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;href&quot;:null,&quot;below=
TheFold&quot;:true,&quot;internalRedirect&quot;:null}" alt=3D"" width=3D"55=
0" height=3D"309.375" class=3D"wide-image" src=3D"https://substackcdn.com/i=
mage/fetch/w_2912,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%=
2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fa5dd4055-8e37=
-4e13-911b-f1d654e25172_1920x1080.jpeg" style=3D"-ms-interpolation-mode: bi=
cubic; border: none !important; display: block; height: auto; margin: 0 aut=
o; margin-bottom: 0; max-width: 100% !important; vertical-align: middle; wi=
dth: auto !important;"></a></td><td style=3D"text-align: center;"></td></tr=
></tbody></table></figure></div><h4 class=3D"header-with-anchor-widget" sty=
le=3D"-moz-osx-font-smoothing: subpixel-antialiased; -webkit-font-smoothing=
: subpixel-antialiased; color: #404040; font-family: 'SF Compact Display', =
-apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Helvetica, Arial, sa=
ns-serif, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol'; font-si=
ze: 1.125em; font-weight: bold; line-height: 1.16em; margin: 1em 0 0.625em =
0; position: relative;"><strong>Sotheby&#8217;s Hong Kong Modern Sales =3D =
$67m</strong></h4><div class=3D"captioned-image-container-static" style=3D"=
font-size: 16px; line-height: 26px; margin: 32px auto;"><figure style=3D"ma=
rgin: 0 auto; width: 100%;"><table class=3D"image-wrapper" width=3D"100%" b=
order=3D"0" cellspacing=3D"0" cellpadding=3D"0" style=3D"mso-padding-alt: 1=
em 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 cl=
ass=3D"image-link" target=3D"_blank" href=3D"https://substack.com/redirect/=
48976c10-8466-4a8e-baa7-c2be03075861?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQm=
MpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"align-items: center; borde=
r: none; display: block; flex-direction: column; height: auto; margin: 0; p=
adding: 0; position: relative; text-decoration: none; width: auto;"><img da=
ta-attrs=3D"{&quot;src&quot;:&quot;https://substack-post-media.s3.amazonaws=
=2Ecom/public/images/550d9bb5-abf0-4b20=
-b4e9-45c6bd71defb_1920x1080.jpeg&quot=
;,&quot;fullscreen&quot;:null,&quot;imageSize&quot;:null,&quot;height&quot;=
:819,&quot;width&quot;:1456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:=
552942,&quot;alt&quot;:null,&quot;title&quot;:null,&quot;type&quot;:&quot;i=
mage/jpeg&quot;,&quot;href&quot;:null,&quot;belowTheFold&quot;:true,&quot;i=
nternalRedirect&quot;:null}" alt=3D"" width=3D"550" height=3D"309.375" clas=
s=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.s=
3.amazonaws.com%2Fpublic%2Fimages%2F550d9bb5-abf0-4b20-b4e9-45c6bd71defb_19=
20x1080.jpeg" style=3D"-ms-interpolation-mode: bicubic; border: none !impor=
tant; display: block; height: auto; margin: 0 auto; margin-bottom: 0; max-w=
idth: 100% !important; vertical-align: middle; width: auto !important;"></a=
></td><td style=3D"text-align: center;"></td></tr></tbody></table><figcapti=
on class=3D"image-caption" style=3D"box-sizing: content-box; color: #808080=
; font-size: 14px; font-weight: 400; letter-spacing: -.15px; line-height: 2=
0px; margin-top: 8px; padding-left: 15%; padding-right: 15%; text-align: ce=
nter; width: 70%;"></figcaption></figure></div><p style=3D"color: #404040; =
font-size: 16px; line-height: 26px; margin: 0 0 20px 0;">Looking at the num=
bers from the first major sales in two of the three global auction centers,=
 the London sales cycle was down 30% but Hong Kong is only off 15%. The art=
 market in 2022 may have been stuck in 2nd gear but the much-anticipated gl=
obal downshift has not been as traumatic as feared. (We will have more deta=
iled numbers next week in a newsletter.) In the meantime, the headline numb=
ers for Hong Kong are above. Hammer ratios were weak indicating that estima=
tes will need to be recalibrated. The entire cycle is down 15% from the pre=
vious year. But the drop was more pronounced in Modern art which fell 19% i=
n total sales volume. The Contemporary market was only off 12% year over ye=
ar. </p><div style=3D"font-size: 16px; line-height: 26px;"><hr style=3D"bac=
kground: var(--color-detail); border: none; height: 1px; margin: 32px 0; pa=
dding: 0;"></div><p style=3D"color: #404040; font-size: 16px; line-height: =
26px; margin: 0 0 20px 0;"><strong>Donald Judd:</strong><span> A LiveArt co=
llector is looking for a medium-sized wooden sculpture with a budget of $30=
0,000 to $500,000. </span></p><p class=3D"button-wrapper" data-attrs=3D"{&q=
uot;url&quot;:&quot;https://liveart.io/wishes/V2lzaGxpc3RUeXBlOjEwMTc=3D?ut=
m_campaign=3DSales%20Email&amp;utm_medium=3Demail&amp;_hsmi=3D253239296&amp=
;_hsenc=3Dp2ANqtz-80VFF7dMTfAHvzdSykyHORqcy5hp9JyL3Apy9QzWLMUwFV30jjr42dbyf=
ttKGv6y1nIgYTHJFJIj0oZSbns-U7t2Sp4w&amp;utm_content=3D253239296&amp;utm_sou=
rce=3Dhs_email&quot;,&quot;text&quot;:&quot;View on Trading Floor&quot;,&qu=
ot;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"https://substack.com/redirect/9421e57a-76=
33-4d86-bad7-87801979e740?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRn=
igHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"background-color: #653366; border: no=
ne; border-radius: 4px; box-sizing: border-box; color: #ffffff !important; =
cursor: pointer; display: inline-block; font-family: -apple-system, BlinkMa=
cSystemFont, 'Segoe UI', Roboto, Helvetica, Arial, sans-serif, 'Apple Color=
 Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol'; font-size: 14px; font-weight:=
 600; height: auto; line-height: 20px; margin: 0; opacity: 1; outline: none=
; padding: 12px 20px; text-align: center; text-decoration: none !important;=
 white-space: nowrap;"><span style=3D"color: #ffffff; text-decoration: none=
;">View on Trading Floor</span></a></p><div style=3D"font-size: 16px; line-=
height: 26px;"><hr style=3D"background: var(--color-detail); border: none; =
height: 1px; margin: 32px 0; padding: 0;"></div><h2 class=3D"header-with-an=
chor-widget" style=3D"-moz-osx-font-smoothing: subpixel-antialiased; -webki=
t-font-smoothing: subpixel-antialiased; color: #404040; font-family: 'SF Co=
mpact Display', -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Helv=
etica, 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;">Lot Watch</h2><h4 class=3D"header-w=
ith-anchor-widget" style=3D"-moz-osx-font-smoothing: subpixel-antialiased; =
-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 Emoji', 'Seg=
oe UI Symbol'; font-size: 1.125em; font-weight: bold; line-height: 1.16em; =
margin: 1em 0 0.625em 0; position: relative;">Prints-a-palooza</h4><div cla=
ss=3D"captioned-image-container-static" style=3D"font-size: 16px; line-heig=
ht: 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-padding-alt: 1em 0 1.6em;"><tbody><tr><t=
d style=3D"text-align: center;"></td><td align=3D"left" class=3D"content" w=
idth=3D"1456" style=3D"text-align: center;"><a class=3D"image-link" target=
=3D"_blank" href=3D"https://substack.com/redirect/d74d9d58-5f3f-4c04-9630-f=
eb2d34741d8?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7=
gWdY" rel=3D"" style=3D"align-items: center; border: none; display: block; =
flex-direction: column; height: auto; margin: 0; padding: 0; position: rela=
tive; text-decoration: none; width: auto;"><img data-attrs=3D"{&quot;src&qu=
ot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/7dddac=
68-401a-4535-93ff-263973cc9168_3428x4000.jpeg&quot;,&quot;fullscreen&quot;:=
null,&quot;imageSize&quot;:null,&quot;height&quot;:1699,&quot;width&quot;:1=
456,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:1620281,&quot;alt&quot;:=
null,&quot;title&quot;:null,&quot;type&quot;:&quot;image/jpeg&quot;,&quot;h=
ref&quot;:null,&quot;belowTheFold&quot;:true,&quot;internalRedirect&quot;:n=
ull}" alt=3D"" width=3D"550" height=3D"641.7925824175824" class=3D"wide-ima=
ge" 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.c=
om%2Fpublic%2Fimages%2F7dddac68-401a-4535-93ff-263973cc9168_3428x4000.jpeg"=
 style=3D"-ms-interpolation-mode: bicubic; border: none !important; display=
: block; height: auto; margin: 0 auto; margin-bottom: 0; max-width: 100% !i=
mportant; vertical-align: middle; width: auto !important;"></a></td><td sty=
le=3D"text-align: center;"></td></tr></tbody></table></figure></div><p styl=
e=3D"color: #404040; font-size: 16px; line-height: 26px; margin: 0 0 20px 0=
;"><span>Fifteen years ago, one of the rare examples of Barnett Newman&#821=
7;s lithographic series </span><em>Cantos</em><span> was auctioned for $2.0=
57 million (that would be $2.8m in today&#8217;s dollars.) This is a rare e=
vent. The work is 2 of 18; a dozen of the full sets have entered museum col=
lections; and a few were broken up and sold off as individual prints. This =
set was purchased by a corporate collection assembled over decades that now=
=2E That collection will now be sold di=
vided into 400 lots auctioned i</span>=
<a href=3D"https://substack.com/redirect/533e3694-7cbd-447f-a6bc-7a8ed989ba=
44?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=
=3D"" style=3D"color: #404040; text-decoration: underline;">n a single-owne=
r Evening sale at Christie&#8217;s on April 18th</a><span>. The collection =
has full sets of </span><strong>David Hockney</strong><span>&#8217;s </span=
><em>Rake&#8217;s Progress</em><span> (estimated at $250k), </span><strong>=
Andy Warhol</strong><span>&#8217;s </span><em>Flowers</em><span> (estimated=
 at $2m), </span><strong>Henri Matisse</strong><span>&#8217;s Jazz (estimat=
ed at $400), </span><strong>Agnes Martin</strong><span>, </span><em>On a Cl=
ear Day</em><span> (estimated at $150k) and </span><strong>Jasper Johns</st=
rong><span>&#8217;s </span><em>Color Numeral Series</em><span> (estimated a=
t $700k); other artists featured in depth in the collection include Donald =
Judd, Jasper Johns, Josef Albers, Blinky Palermo, Paul Klee and Wassily Kan=
dinksy.</span></p><div style=3D"font-size: 16px; line-height: 26px;"><hr st=
yle=3D"background: var(--color-detail); border: none; height: 1px; margin: =
32px 0; padding: 0;"></div><p style=3D"color: #404040; font-size: 16px; lin=
e-height: 26px; margin: 0 0 20px 0;"><strong>Amani Lewis:</strong><span> Li=
veArt has a painting from 2020 on offer with a $72,000 asking price. </span=
></p><p class=3D"button-wrapper" data-attrs=3D"{&quot;url&quot;:&quot;https=
://liveart.io/products/view/UHJvZHVjdFR5cGU6NTEzNg=3D=3D?utm_campaign=3DSal=
es%20Email&amp;utm_medium=3Demail&amp;_hsmi=3D253239296&amp;_hsenc=3Dp2ANqt=
z--0XXxs6JGVOXZxikjHk5wBqjJIy9SCrURj7BJT4Su0rj2GSDk9W3BOTbdsY0IQfnUNk-CVhFF=
nJhz2l2qqM9rVxujRFw&amp;utm_content=3D253239296&amp;utm_source=3Dhs_email&q=
uot;,&quot;text&quot;:&quot;View on Trading Floor&quot;,&quot;action&quot;:=
null,&quot;class&quot;:null}" style=3D"color: #404040; font-size: 16px; lin=
e-height: 26px; margin: 0 0 20px 0; text-align: center;"><a class=3D"button=
 primary" href=3D"https://substack.com/redirect/3626e823-ab6b-4331-9fd3-f25=
2979d5060?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gW=
dY" rel=3D"" style=3D"background-color: #653366; border: none; border-radiu=
s: 4px; box-sizing: border-box; color: #ffffff !important; cursor: pointer;=
 display: inline-block; font-family: -apple-system, BlinkMacSystemFont, 'Se=
goe UI', Roboto, Helvetica, Arial, sans-serif, 'Apple Color Emoji', 'Segoe =
UI Emoji', 'Segoe UI Symbol'; font-size: 14px; font-weight: 600; height: au=
to; line-height: 20px; margin: 0; opacity: 1; outline: none; padding: 12px =
20px; text-align: center; text-decoration: none !important; white-space: no=
wrap;"><span style=3D"color: #ffffff; text-decoration: none;">View on Tradi=
ng Floor</span></a></p><div style=3D"font-size: 16px; line-height: 26px;"><=
hr style=3D"background: var(--color-detail); border: none; height: 1px; mar=
gin: 32px 0; padding: 0;"></div><h2 class=3D"header-with-anchor-widget" sty=
le=3D"-moz-osx-font-smoothing: subpixel-antialiased; -webkit-font-smoothing=
: subpixel-antialiased; color: #404040; font-family: 'SF Compact Display', =
-apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Helvetica, Arial, sa=
ns-serif, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol'; font-si=
ze: 1.625em; font-weight: bold; line-height: 1.16em; margin: 1em 0 0.625em =
0; position: relative;">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; col=
or: #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/red=
irect/5a924e66-f386-4d48-a81b-523975005297?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c=
1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"color: #404040; text=
-decoration: underline;">Wengechi Mutu Now! </a></strong><span>Curator Marg=
ot Norton spoke to Ocula about the New Museum show she organized with Vivia=
n Crockett with the help of Ian Wallace.</span></p><blockquote style=3D"bor=
der-left: 4px solid #653366; margin: 20px 0; padding: 0;"><p style=3D"box-s=
izing: border-box; color: #404040; font-size: 16px; line-height: 26px; marg=
in: 0 0 20px 0; margin-bottom: 0; margin-left: 20px; padding-left: 4px;">He=
r work has been seen in New York at various points throughout her career, b=
ut we felt that there was an important opportunity to showcase the arc of h=
er practice, starting with the sculptural work that she made as a student i=
n the nineties and up until the present. Throughout her career, there have =
been shifts as she has continued to experiment and push her work in differe=
nt media, including collage, sculpture, performance, and film. We felt that=
 bringing these works together would be important to seeing through-lines a=
nd connections between her bodies of work. It was also important to highlig=
ht her work because so many artists today are working with natural material=
s, cyborgian creatures, and themes Wangechi explored for decades.</p></bloc=
kquote></li><li style=3D"margin: 8px 0 0 32px;"><p style=3D"box-sizing: bor=
der-box; color: #404040; font-size: 16px; line-height: 26px; margin: 0 0 20=
px 0; margin-bottom: 0; padding-left: 4px;"><strong><a href=3D"https://subs=
tack.com/redirect/d9248088-ac10-4349-bde3-44c26f9ad6c7?j=3DeyJ1IjoiMjdjZXI5=
In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"color: #=
404040; text-decoration: underline;">How Yayoi Kusama Transfomed Her Terror=
s into Art</a><span>: </span></strong><span>Will Gompertz has a nice pocket=
 biography of Yayoi Kusama on Lit Hub. Kusama&#8217;s fame and market clout=
 are peaking with her global museums shows like the M+ retrospective now op=
en, gallery events and the massive marketing push from her collaboration wi=
th LVMH. On the auction market, more than $60 million in Kusama&#8217;s art=
 has already been hammered down. That gives her the 8th highest volume for =
any artist on the auction market in Q1 of 2023. That was without the $39 mi=
llion spent on her art in April&#8217;s Hong Kong sales. Gompertz writes th=
is about Kusama&#8217;s tactics in the 60s but they could also apply to the=
 nonagenarian today:</span></p><blockquote style=3D"border-left: 4px solid =
#653366; margin: 20px 0; padding: 0;"><p style=3D"box-sizing: border-box; c=
olor: #404040; font-size: 16px; line-height: 26px; margin: 0 0 20px 0; marg=
in-bottom: 0; margin-left: 20px; padding-left: 4px;">The impulsive conclusi=
on might be to write Kusama off as a media-manipulating show-off. That was =
certainly the opinion the press reached in both America and Japan by the ea=
rly 1970s. And they were right, up to a point. She was and is a savvy opera=
tor when it comes to attention-grabbing public relations. But with good rea=
son. First, she had to stand out and stand up for herself to have any chanc=
e of making it as an unknown Japanese woman in the man&#8217;s world that w=
as America&#8217;s post-war art scene. And second, she is her art, inside a=
nd out. She turns her panic-inducing alarm into positive, life-enhancing ex=
periences. By going that extra step, and placing herself in her art and inh=
abiting her Kusama World, she is completing the artwork&#8212;the star in h=
er universe enjoying the fantasy and the freedom: Alice in her Wonderland.<=
/p></blockquote></li><li style=3D"margin: 8px 0 0 32px;"><p style=3D"box-si=
zing: border-box; color: #404040; font-size: 16px; line-height: 26px; margi=
n: 0; margin-bottom: 0; padding-left: 4px;"><strong><a href=3D"https://subs=
tack.com/redirect/aefdc70e-d2ae-45b7-8eba-a0f3daf48b5b?j=3DeyJ1IjoiMjdjZXI5=
In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"color: #=
404040; text-decoration: underline;">The Politics of Museum Representation:=
</a></strong><span> The running subtext of Hilarie Sheets&#8217;s profile L=
ois Dodd is the role collectors (and artists acting as collectors) play in =
getting an artist&#8217;s work into a museum or mounting a meaningful retro=
spective. The 95-year-old Dodd who has been present in the New York art wor=
ld as a painter and teacher for the entire post-war period </span><a href=
=3D"https://substack.com/redirect/1d1d6266-1326-4304-ab72-9be7da2a69c9?j=3D=
eyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" s=
tyle=3D"color: #404040; text-decoration: underline;">now has a show at the =
Bruce Museum in Greenwich</a><span>. &#8220;The show originated last year a=
t the </span><a href=3D"https://substack.com/redirect/f333a3fd-fadc-4c15-81=
f0-497059c1cf5f?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g=
6pp7gWdY" rel=3D"" style=3D"color: #404040; text-decoration: underline;">Ha=
ll Art Foundation</a><span> in Vermont, which has the largest collection of=
 Dodd&#8217;s work, and is now expanded with more than 30 new loans.&#8221;=
 To many, a private collector&#8217;s show would be decried as market manip=
ulation. Yet to get her work into museums, Dodd has had to rely on the supp=
ort of artists like her long-time friend Alex Katz whose foundation has bou=
ght work from Dodd&#8217;s shows and donated them to Maine museums where bo=
th live in the Summer. It took until 2018 when Robert Gober bought and dona=
ted one of Dodd&#8217;s works to get her included in the Museum of Modern A=
rt. Even so, the painting has languished in storage for four years since th=
en.  Ann Temkin, MoMA&#8217;s chief curator, basically admits that she has =
no idea when it might get hung for the public. One could easily conclude th=
at Dodd&#8217;s work just doesn&#8217;t rise to the level curators find rel=
evant. If so, this is a good lesson in the limits of collector influence. I=
f not, it is an example of how easily good work can get overlooked. </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: 26px; margin: 0; margin=
-bottom: 0; padding-left: 4px;"><strong><a href=3D"https://substack.com/red=
irect/9bb709f6-f473-42a9-978e-39fab1dcb637?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c=
1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"color: #404040; text=
-decoration: underline;">Give Me the Full Immersive!</a><span> </span></str=
ong><span>New York Magazine&#8217;s former restaurant critic, Adam Platt, h=
as developed a taste for immersive artist experiences.  After visiting spec=
tacles created from the work of Klimt, Kahlo, King Tut and Monet, as well a=
s discussing the concept with the creators of the van Gogh and David Hockne=
y experiences, Platt tells us the events are meant to animate and advocate =
for the work of the artists, not supplant the museum going necessary to exp=
erience the art. He says, &#8220;I can report with some surprise, after imm=
ersing myself in quite a few, is the easy, dreamy, slightly addictive quali=
ty of the shows. As you move from one pleasantly distracting set piece to a=
nother, pondering when to ingest the lemon-flavored edible in your pocket, =
it feels like playing hooky &#8212; a reprieve from the hushed, ponderous s=
olemnity of the Establishment museums and galleries.&#8221;</span></p></li>=
<li style=3D"margin: 8px 0 0 32px;"><p style=3D"box-sizing: border-box; col=
or: #404040; font-size: 16px; line-height: 26px; margin: 0; margin-bottom: =
0; padding-left: 4px;"><strong><a href=3D"https://substack.com/redirect/ca0=
1ed1e-5197-4f51-bfa4-9e658c16522e?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpi=
srMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"color: #404040; text-decorati=
on: underline;">France Needs Family Offices:</a></strong><span> Bloomberg c=
ites a family office association in France for the statistic that there are=
 300 rich French families that could benefit from having their own family o=
ffices and another 200 families that should be part of so-called &#8220;mul=
ti-family&#8221; offices. A generation of private wealth is being passed to=
 younger folks in France as well as more tech money springing up. </span></=
p></li><li style=3D"margin: 8px 0 0 32px;"><p style=3D"box-sizing: border-b=
ox; color: #404040; font-size: 16px; line-height: 26px; margin: 0; margin-b=
ottom: 0; padding-left: 4px;"><strong><a href=3D"https://substack.com/redir=
ect/01b22de2-d2d1-46b0-99e7-846c443b9a1b?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d=
0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"color: #404040; text-d=
ecoration: underline;">Seattle Keeps Its Calder Trove:</a><span> </span></s=
trong><span>Jon Shirley, once president of Microsoft, began collecting work=
s by Alexander Calder in 1988. This week it was announced he would donate 4=
8 Calders to the Seattle Art Museum along with a $10 million endowment to f=
or programming and research around the artist. That gift is in addition to =
the estimated $200 million value of the four dozen works. </span></p></li><=
/ol><div style=3D"font-size: 16px; line-height: 26px;"><hr style=3D"backgro=
und: var(--color-detail); border: none; height: 1px; margin: 32px 0; paddin=
g: 0;"></div><p style=3D"color: #404040; font-size: 16px; line-height: 26px=
; margin: 0 0 20px 0;"><strong>Michaela Yearwood-Dan:</strong><span> A Live=
Art collector is looking for a painting with a $50,000 to $400,000 budget. =
</span></p><p class=3D"button-wrapper" data-attrs=3D"{&quot;url&quot;:&quot=
;https://liveart.io/wishes/V2lzaGxpc3RUeXBlOjYxOQ=3D=3D?utm_campaign=3DSale=
s%20Email&amp;utm_medium=3Demail&amp;_hsmi=3D253239296&amp;_hsenc=3Dp2ANqtz=
-8XydFhDiDI5CRcVtQNqjMiEusV3MwRilWyXCBQy1ACEmAi6TVfu2j7lZpymiV5v3msZw-xvBU7=
MmKIx1KAwaiPTOCbLg&amp;utm_content=3D253239296&amp;utm_source=3Dhs_email&qu=
ot;,&quot;text&quot;:&quot;View on Trading Floor&quot;,&quot;action&quot;:n=
ull,&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"https://substack.com/redirect/f5db765d-32a0-426d-97f0-dbcd=
ec0c5698?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWd=
Y" rel=3D"" style=3D"background-color: #653366; border: none; border-radius=
: 4px; box-sizing: border-box; color: #ffffff !important; cursor: pointer; =
display: inline-block; font-family: -apple-system, BlinkMacSystemFont, 'Seg=
oe UI', Roboto, Helvetica, Arial, sans-serif, 'Apple Color Emoji', 'Segoe U=
I Emoji', 'Segoe UI Symbol'; font-size: 14px; font-weight: 600; height: aut=
o; line-height: 20px; margin: 0; opacity: 1; outline: none; padding: 12px 2=
0px; text-align: center; text-decoration: none !important; white-space: now=
rap;"><span style=3D"color: #ffffff; text-decoration: none;">View on Tradin=
g Floor</span></a></p><div style=3D"font-size: 16px; line-height: 26px;"><h=
r style=3D"background: var(--color-detail); border: none; height: 1px; marg=
in: 32px 0; padding: 0;"></div><h4 class=3D"header-with-anchor-widget" styl=
e=3D"-moz-osx-font-smoothing: subpixel-antialiased; -webkit-font-smoothing:=
 subpixel-antialiased; color: #404040; font-family: 'SF Compact Display', -=
apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Helvetica, Arial, san=
s-serif, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol'; font-siz=
e: 1.125em; font-weight: bold; line-height: 1.16em; margin: 1em 0 0.625em 0=
; position: relative;"><strong>Warhol-Basquiat-Warhol</strong></h4><div cla=
ss=3D"captioned-image-container-static" style=3D"font-size: 16px; line-heig=
ht: 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-padding-alt: 1em 0 1.6em;"><tbody><tr><t=
d style=3D"text-align: center;"></td><td align=3D"left" class=3D"content" w=
idth=3D"1200" style=3D"text-align: center;"><a class=3D"image-link" target=
=3D"_blank" href=3D"https://substack.com/redirect/013ec4ef-4d68-4de8-88ad-5=
444eabe36c5?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7=
gWdY" rel=3D"" style=3D"align-items: center; border: none; display: block; =
flex-direction: column; height: auto; margin: 0; padding: 0; position: rela=
tive; text-decoration: none; width: auto;"><img data-attrs=3D"{&quot;src&qu=
ot;:&quot;https://substack-post-media.s3.amazonaws.com/public/images/d55935=
31-3331-4a66-8a4b-2ac6a3de5187_1200x872.webp&quot;,&quot;fullscreen&quot;:n=
ull,&quot;imageSize&quot;:null,&quot;height&quot;:872,&quot;width&quot;:120=
0,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:276720,&quot;alt&quot;:nul=
l,&quot;title&quot;:null,&quot;type&quot;:&quot;image/webp&quot;,&quot;href=
&quot;:null,&quot;belowTheFold&quot;:true,&quot;internalRedirect&quot;:null=
}" alt=3D"" width=3D"550" height=3D"399.6666666666667" class=3D"wide-image"=
 src=3D"https://substackcdn.com/image/fetch/w_2400,c_limit,f_auto,q_auto:go=
od,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%=
2Fpublic%2Fimages%2Fd5593531-3331-4a66-8a4b-2ac6a3de5187_1200x872.webp" sty=
le=3D"-ms-interpolation-mode: bicubic; border: none !important; display: bl=
ock; height: auto; margin: 0 auto; margin-bottom: 0; max-width: 100% !impor=
tant; vertical-align: middle; width: auto !important;"></a></td><td style=
=3D"text-align: center;"></td></tr></tbody></table></figure></div><p style=
=3D"color: #404040; font-size: 16px; line-height: 26px; margin: 0 0 20px 0;=
"><span>The Fondation Louis Vuitton&#8217;s Jean-Michel Basquiat exhibition=
 found a New York home at the Brant Foundation in 2019. Two years later, An=
dy Warhol&#8217;s portrait of Jean-Michel Basquiat sold in New York for $40=
 million, a record for any of Warhol&#8217;s oxidation paintings. This week=
, the Fondation Louis Vuitton has opened a follow-up show to the Basquiat e=
vent which drew 700,000 vistors. &#8220;Basquiat x Warhol, Four Hands&#8221=
; features 80 paintings or about half of the canvases the two worked on tog=
ether. These paintings only began to gain traction in the auction market ar=
ound 2016. Since that time, 10 paintings have sold at auction for prices ab=
ove $2 million. </span><a href=3D"https://substack.com/redirect/34a4fc41-ec=
2d-4109-ab65-8ddb606226af?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRn=
igHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"color: #404040; text-decoration: unde=
rline;">The most expensive depicted an NYC yellow cab and made $9.4 million=
 in 2018.</a><span> Not to be left out of the action, the</span><a href=3D"=
https://substack.com/redirect/287b7af3-6e93-4804-bb9f-a4de692128af?j=3DeyJ1=
IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=
=3D"color: #404040; text-decoration: underline;"> Brant Foundation will ope=
n a show of Warhol&#8217;s work</a><span> in early May. </span><em>Thirty A=
rt Better than One</em><span> will include 100 Warhols largely from Brant&#=
8217;s own deep holdings of the artist. Peter Brant is also the curator. </=
span></p><div style=3D"font-size: 16px; line-height: 26px;"><hr style=3D"ba=
ckground: var(--color-detail); border: none; height: 1px; margin: 32px 0; p=
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