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The Disappearance of Banksy Art in New York City

The Disappearance of Banksy Art in New York City | Fine Art News | Scoop.it

Most of the Art that Banksy created during his 2015 visit to New York City was defaced by other graffiti artists within a few hours, like a Chelsea image of a dog peeing on a fire hydrant.

 

Others, like the painting of two boys beneath a sign reading “Graffiti is a Crime” at 18 Allen St., were painted over by building owners or the city.


The only pieces that survive are the ones that were immediately protected.  Saul Zabar stands next to the Banksy mural on Zabars, the store he founded on West 79h Street. 

 

Saul Zabar covered his Banksy painting with plexiglass after it appeared on his building at 79th and Broadway. The whimsical image of a boy hammering a fire standpipe like it’s a carnival game remains intact.

 

The owners of the Hustler Club dispatched bouncers to guard the Banksy — showing a dejected stage-door Johnny clutching flowers — that was painted on their roll-down gate. The gate was later removed and might be displayed inside the club one day.

http://nypost.com/2015/10/10/where-did-all-of-banksys-nyc-art-go/

 

Joseph K. Levene's insight:


<a href="http://www.bloglog.com/"; title="blog search engine" target="_blank"><img style="border:none" src="http://track.bloglog.com/v_90295.gif"; alt="Arts Blogs" /></a><br /><a target="_blank" href="http://www.bloglog.com" style="font-size:10px;">blog search engine</span></a>

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Is That Online Art Lot Too Good To Be True?

Is That Online Art Lot Too Good To Be True? | Fine Art News | Scoop.it

Documented as an AFTER ANDY WARHOL, a Counterfeit Andy Warhol Marilyn Reprint was sold by Auctionata for  € 2200; the Auctionata lot erroneously stipulates the work is signed lower right in black pen ‘Andy Warhol’ and is from a VIP book, 1986. a tactic used by many fraudulent eBay sellers, mostly from Switzerland.

Joseph K. Levene's insight:

Incredibly Auctionata indicates a comparable work achieved an auction record of €6,000 when none exist at this level. Unfortunately, Auctionata provides NO SUPPORT; NO LINKS, NO SPECIFICS, just exaggerated deception.  

We did locate the following 2009 unsold  Drouet lot which is similar and has what appears to be an Andy Warhol signature that looks correct, but we do not endorse.

 

This so called After Andy Warhol Lot sold for €2200 on Auctionata and is worthless. According to the Terms & Conditions at Auctionata, the After Warhol Marilyn Lot is excluded from the 25 year guarantee that allegedly covers all LOTS offered and sold.   

 

To the naive buyer, the Marilyn Reproduction looks appealing due to inclusion of a purported Andy Warhol Signature, and was sold with more than 131 fraudulent After Warhol and After Lichtenstein lots by Auctionata during 2014.   

 

Appallingly, no news organization, including  Bloomberg, The New York Times and Skate's, has issued an IN DEPTH operating procedure and trading volume analysis of  Auctionata. Equally disturbing is the pattern of deception evident in the many lots offered and sold by Auctionata. 

 

There is an unusual pattern of fabrication and deceit regarding purported documentation, and often, misinformation, including condition flaws overlooked as evidenced vs. photographs; erroneous comparables NOT provided/linked; misleading references to non-existent Authenticity Reports and discrepancies vs. catalogue raisonnee entries.

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Auction Wars: Christie’s vs. Sotheby’s

Auction Wars: Christie’s vs. Sotheby’s | Fine Art News | Scoop.it
The two houses will do almost anything to outmaneuver each other, and the friction between them will likely only increase under new CEOs.
Joseph K. Levene's insight:

To achieve market share in the prestigious Fine Art category, Sotheby's and Christie's play hardball, even if it means the auction sale is NOT profitable. 

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US Post Office Guilty 37¢ Stamp Copyright Breach, fined $540K

US Post Office Guilty 37¢ Stamp Copyright Breach, fined $540K | Fine Art News | Scoop.it

The U.S. Court of Appeals for the Federal Circuit upheld an earlier decision against the United States Postal Service (USPS) that it must pay $540,000 for the unauthorized reproduction of Frank Gaylord's art on 37¢ stamp.


The $540,000 damages is based on 10% of the $5.4 million revenue for unauthorized use of a distinctive copyrighted work on a postage stamp."

 

]In 2002, the USPS decided to issue a stamp to commemorate the upcoming 50th anniversary of the Korean War armistice. "From the very outset of the process of selecting an image for the commemoration, the relevant Postal Service advisory committee fastened onto the idea of using The Column on the stamp," according to the ruling. "It selected Mr. Alli's photograph of The Column for the stamp face, and it paid Mr. Alli a one-time fee of $1,500 for the right to use his photo.


Read US Postal Service Must Pay Artist $540,000 for Using His Art on Stamp

https://flipboard.com/@jklfa/art-today-on-flipboard-4k2c35jty/us-postal-service-must-pay-artist-540-000-for-using-his-art-on-stamp/a-fxk0YjzITOefaNpdao4okA%3Aa%3A340572719-164356f094%2Fartnet.com

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Pacific Cove's curator insight, March 8, 2015 11:37 PM

The $540,000 damages is based on 10% of the $5.4 million revenue for unauthorized use of a distinctive copyrighted work on a postage stamp."  #Veterans #Military #Art #JKLFA #Lawsuit #KoreanWar
#PostOffice #Copyright #FineArt

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Art Dealers concerned Massive Pablo Picasso Art Sales Will Flood Market

Art Dealers concerned Massive Pablo Picasso Art Sales Will Flood Market | Fine Art News | Scoop.it

Marina Picasso, Pablo Picasso's Granddaughter, has decided to go direct and eliminate the Art Dealer, thinking  she can get higher prices without the aid of knowledgeable Art Dealers who yes, need a piece of the action, usually known as a commission. 

 

Since Marina Picasso was a child, living on the edge of poverty and lingering at the gates of a French villa with her father to plead for an allowance from her grandfather, Pablo Picasso, she has struggled with the burden of that artist’s towering legacy.

 

When she was in her 20s and inherited the 19th-century villa, La Californie, as well as a vast trove of Picasso’s art treasures, she turned the paintings to face the walls in resentment. Through 15 years of therapy, she dissected bitter family memories of her grandfather’s perceived indifference and her brother’s suicide. In her 2001 memoir, “Picasso: My Grandfather,” she bared her pain and anger at the Picasso clan.

 

Now 64, Ms. Picasso acknowledges that she is expanding her rebellion by preparing to sell off many of his artworks to finance and broaden her philanthropy — aid for a pediatric hospital in Vietnam and projects in France and Switzerland benefiting the elderly and troubled teenagers.

 

And her unconventional sales approach is reverberating through international art markets, worrying dealers and auctioneers accustomed to playing key — and lucrative — roles in the sale of renowned art. In an interview, Ms. Picasso said she would sell works privately and would judge “one by one, based on need,” how many, and which, of the remaining Picasso works, of about 10,000 that she inherited, she would put up for sale.

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Blatant Keith Haring Counterfeits sold @eBay offered @Paddle8 and @DreweattsBlooms

Blatant Keith Haring Counterfeits sold @eBay offered @Paddle8 and @DreweattsBlooms | Fine Art News | Scoop.it

Blatant #KeithHaring Counterfeits first sold @eBay then offered  in online art auctions @DreweattsBlooms  and @Paddle8


Three of the four works that were removed from the Paddle8 sale had an accompanying letter confirming authenticity by Angel Ortiz, a former friend of Haring and active graffiti artist who goes by the street name la2.

 

Ortiz accepts no responsibility, “If people want to buy them, it’s up to them.”

http://bitly.com/KeithHaringCounterfeits

https://twitter.com/JKLFA/status/480485388486586368/photo/1

 

Joseph K. Levene's insight:

@Paddle8 and @DreweattsBlooms did NO due diligence before listing Counterfeit #KeithHaring sold just a few weeks earlier @eBay. https://twitter.com/JKLFA/status/481140363642413056/photo/1

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Auctionata erroneously documents €120K Andy Warhol Flower Painting

Auctionata erroneously documents €120K Andy Warhol Flower Painting | Fine Art News | Scoop.it

Auctionata deceptively attributes 1977 painting with flowers to Andy Warhol in June 20, 2014 Post-War & Contemporary Art online Auction.

The Auctionata description for lot 101 erroneously states the Work is an Andy Warhol even though Andy Warhol did not create nor authorize the Painting offered with a staggering €120K estimate. 
http://blog.thefineartblog.com/2014/06/auctionata-erroneously-documents-120k.html#ixzz37nbTh4vB

Joseph K. Levene's insight:

Read more in The Fine Art Blog by Joseph K. Levene:

Auctionata erroneously documents €120K Flower Painting
http://blog.thefineartblog.com/2014/06/auctionata-erroneously-documents-120k.html#ixzz37nbTh4vB

 

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Lawsuit filed after Estate sells $10 million Ad Reinhardt for $375K

Lawsuit filed after Estate sells $10 million Ad Reinhardt for $375K | Fine Art News | Scoop.it

Beneficiaries file lawsuit after Estate privately sells $10 million 1953 Ad Reinhardt painting for only $375K.

https://plus.google.com/u/0/b/108064384905305757851/+JosephKLevene/posts/9Ad5QiZftJ4

Joseph K. Levene's insight:

Sold for over $10 million in June 2014 by David Zwirner Gallery at Art Basel, why did an Estate fail to get market value for a 1953 masterpiece canvas by Ad Reinhardt?

 

Why didn't the Estate get a second opinion before allowing its sale for almost $10 million less than what was realized just a few short weeks later?

 

A classic case of how not to handle an estate sale of a  significant fine art asset.

bit.ly/AdReinhardtEthics

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Gifting Fractional Fine Art Shares Viable Tax Strategy

Gifting Fractional Fine Art Shares Viable Tax Strategy | Fine Art News | Scoop.it
A court battle over taxes on a family’s art collection may have created a template for other families looking to reduce the burden of taxes on their portfolios.
Joseph K. Levene's insight:

Gifting fractional shares of Fine Art may become a viable strategy to reduce onerous Estate Taxes for inheritance of significant assets by non spouse family members. 

The Estate of James A. Elkins Jr.  received an IRS Estate Tax refund of $14 million plus interest; this ruling may have created a template for other wealthy families.

James A. Elkins Jr. was a prominent Houston businessman and philanthropist, amassed a Collection of Fine Art by  #PabloPicasso ,  #JacksonPollock , #JasperJohns ,  #DavidHockney ,  #WillemdeKooning , etc.

http://www.nytimes.com/2014/10/04/your-money/estate-planning/a-potential-game-changer-for-estate-taxes-on-art.html?_r=0

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Artsy raises $18.5 million, leading Online Fine Art platform

Artsy raises $18.5 million, leading Online Fine Art platform | Fine Art News | Scoop.it

Artsy puts high-quality images and information about art online, and connects galleries with would-be buyers.

 

Artsy Inc. Chief Executive Carter Cleveland is on a mission to make visual art as accessible to the world as music. The company just raised $18.5 million in Series B funding to help it achieve that goal.

 

Thrive Capital led the investment with participation from existing backers including Peter Thiel, Wendi Deng, Garage magazine editor-in-chief Dasha Zhukova, renowned American art dealer Larry Gagosian, and Sky Dayton, the founder of Earthlink.

Joseph K. Levene's insight:

Artsy, the 16 month old  innovative Fine Art platform, raises $18.5 million, commanding a leadership position in the Online Fine Art space.  Using innovative marketing along with high quality graphics, Artsy boasts over 125,000 artworks from 1,800 member galleries and 230 institutional partners, resulting in a gallery membership exceeding artnet.


For reference, in 2008 artnet had more than 2,200 member galleries, and declined to less than 1,670 member galleries in 2012, resulting in a decline of about 530 member galleries, estimated to be a  gross revenue decrease of $2 million.

 

In 2014, artnet claims to have rebounded a bit with about 1,700 member galleries, but with 1,800 member galleries, Arsty is clearly an online favorite and leader because of its continuing committment to innovation in the Online Fine Art space.  

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Ivory Sales Limits Go Too Far

Ivory Sales Limits Go Too Far | Fine Art News | Scoop.it
Several industries say they are frustrated and confused by new regulations that strictly limit the sale of elephant ivory.

 

Mike Clark, owner of Collectors Firearms in Houston, said he fears he might have to “gouge the ivory inlay” from scores of commemorative handguns and rifles that long predate the ban, if he wants to sell them.

 

“I’m blindsided, as are all of us, by this regulatory change,” said Lark Mason, a New York auctioneer who has specialized in antique ivory for three decades. “We all want to save elephants,” he said, but he questioned how “denying the sale of an 18th-century snuff bottle,” among millions of other decorative antiques, will accomplish that end.

 

The new regulations ban Americans from importing and, with narrow exceptions, exporting any item that contains even a sliver of ivory. The rules do not ban private ownership, but they outlaw interstate sales of ivory items, unless they meet what sellers describe as impossible criteria

Joseph K. Levene's insight:

The new regulations for Ivory are onerous and will impact thousands Antique Collectors, Auction Houses, Musicians, and increase hourly rates for Attorneys who want to overturn the new regulations. 

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$14K Faberge Egg may be worth $33 million!

$14K Faberge Egg may be worth $33 million! | Fine Art News | Scoop.it
A Fabergé egg found at a flea market by a scrap-metal dealer who initially didn't realize the value of what he had discovered will be on public view for the first time in more than a century, according to a British art and antiques dealer.
Joseph K. Levene's insight:

The buyer was interested in the item for its gold content but later suspected the piece might be even more valuable. The egg was later sold to a private collector.

 

The identities of the buyer and seller haven't been revealed. Wartski didn't disclose how much was paid for the egg, but some estimates put its value as high as $33 million. It will be on display at Wartski in London from April 14 to 17.


The antiques dealer said that the egg was made in the workshop of Fabergé's chief jeweler, August Holmström, in St. Petersburg, Russia, in 1886 or 1887. The egg features a surprise inside: a lady's watch with a white enamel dial and openwork diamond-set gold hands.

http://www.latimes.com/entertainment/arts/culture/la-et-cm-faberge-egg-flea-market-20140320,0,6075014.story#ixzz2wdIJnhZc

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Credit Andy Warhol for Mao Zedong Mixed Legacy

Credit Andy Warhol for Mao Zedong Mixed Legacy | Fine Art News | Scoop.it

On the 120th anniversary of Mao Zedong’s birth, a rumored $2.5 billion was invested in celebrations in honor of the figure whose portrait watches over Tiananmen Square and is fastened to the gate of the Forbidden City.In spite of the birthday celebrations, Mao’s status is marked by a growing ambivalence. Officially, a Communist Party Resolution dictated by Deng Xiaoping, Mao’s successor, declared that Mao was 70 percent right, and 30 percent wrong. 


Warhol’s Maos are endlessly varied—ferocious, parodic, and beautiful—gestures of paint smeared onto the reproduced outline of the Chinese leader’s head and shoulders. In a 14 feet tall canvas, Andy Warhol rouged the cheeks, adorned his eyes with blue pigment and deepened the red of his lips. With these changes, the mole on Mao’s chin was transfigured into the beauty mark of a French courtesan. Warhol dolled Mao up, on the heroic scale of socialist realism.


The tension surrounding Mao’s legacy has even come into direct dialogue with Warhol’s images: When Pittsburgh’s Warhol Museum brought a survey show to China earlier this year, officials did not permit his Mao screen prints to appear alongside the rest of his works, because they risked sparking controversy.

 

In 1982, Andy Warhol finally visited China and saw first hand,

a famous portrait of Mao looming over Tiananmen Square. In a photograph taken by one of his companions, Warhol poses in a crowd of ordinary Chinese people outside the Forbidden City. His arms are straight at his sides, his fingers fidget, and Mao’s face hangs behind him, blurry but still presiding. 

Joseph K. Levene's insight:

Andy Warhol made hundreds of different Mao images and thousands of impressions when you factor all the Warhol paintings, drawings, and screenprints. The paintings range in size from 12 inches to 14 feet tall.

 

Add in the 10 Mao Screenprints, published in a Suite of 10 predominantly different colors, the total number of Mao Screenprint alone totals 2760 Screenprints, each in an edition of 250 plus 26 Artist’s Proofs. 

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#AnnieLeibovitz Homage to #HansNamuth Features 14 Influential Female Gallerists

#AnnieLeibovitz Homage to #HansNamuth Features 14 Influential Female Gallerists | Fine Art News | Scoop.it
#AnnieLeibovitz homage to #HansNamuth features 14 influential female Gallerists
http://bit.ly/AnnieLeibovitzHomageToNamuth … pic.twitter.com/S1LWcV5XCc
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Why did Auctionata Expert misattribute 2007 Poster as 1980 Cindy Sherman?

Why did Auctionata Expert misattribute 2007 Poster as 1980 Cindy Sherman? | Fine Art News | Scoop.it

Auctionata "Expert" misattributes 2007 Cindy Sherman poster sold for $1,200 as a circa 1980 offset lithograph when in fact, the lot is 2007 trimmed poster attached to metal. 

 

Why would a "Photography expert" make such a mistake?Has the so called "Photography Expert" been fired?Has Auctionata informed the buyer and offered a refund?

 

Joseph K. Levene's insight:

Auctionata may boast rhetoric about growth, revenue, trust and having the largest network of renowned experts; sadly, this marketing charade does not excuse widespread documentation errors/omissions that saddle the website. 

Most likely, this is a significant concern that prevents serious collectors from buying/selling at Auctionata. Under the current circumstances, we would NOT recommend buying or selling at Auctionata, given the risks of inaccurate lot details or worse, buying a counterfeit. 

In our opinion, we believe it is essential to only buy Online where there is NO doubt as to authenticity. The element of doubt at Auctionata is not worth the risk especially since the 25 Year Guarantee has so many loopholes.


Major estates like the Estate of Andy Warhol, Keith Haring, Roy Lichtenstein, Jean-Michel Basquiat, etc. do NOT provide ANY authentication, so collectors should be especially careful to NOT take unnecessary risk and purchase items that have sketchy provenance or questionable documentation.

  



Read more: http://blog.thefineartblog.com/2015/04/auctionata-guarantee-is-guaranteed-risk.html#ixzz3eIE4v8Hr ;
Under Creative Commons License: Attribution 
Follow us: @JKLFA on Twitter | JKLFA on Facebook

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Sotheby's & Christie's Dominate Art Market With Record Volume

Sotheby's & Christie's Dominate Art Market With Record Volume | Fine Art News | Scoop.it

During 2014, Sotheby’s sold $6.7 billion of art and collectibles and Christie’s had trading volume of $7.7 billion, a record year for each.

 

According to Skates, Sotheby's and Christie's generate 94% of all fine art auction sales of lots selling in excess of $1 million.

 

To gain market share, profits at each firm have been strangled. Sotheby’s had net income of $117.8 million on its $6.7 billion of sales in 2014, down -9% from the prior year. 

 

In recent years, Christie’s has gained a clear edge over Sotheby’s at New York’s all-important biannual auctions of contemporary art. Christie’s evening sale on Nov. 12 grossed $852.9 million — the highest total for any auction in history. 

 

Owners of works valued at more than $10 million are now almost invariably not charged commission and can play one house against the other to be given a bigger cut of the house’s buyer fees.

 

Sellers can also negotiate guaranteed minimum prices. Works that had essentially been “bought” by the auction house generated more than 60 percent of the total at Christie’s record-breaking sale in November, according to the analysts ArtTactic in London..

 

1nWqdSVRWMvp9CYK59ut

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Cindy Sherman & Jeff Koons Create Editions for International Consulates and Embassies

Cindy Sherman & Jeff Koons Create Editions for International Consulates and Embassies | Fine Art News | Scoop.it

Cindy Sherman & Jeff Koons join a long list of Artists who have created Works of Art for the Foundation for Art and Preservation in Embassies (FAPE) to be displayed in American embassies and consulates around the world. 


Cindy Sherman will create new edition of photographs and Jeff Koons will create a limited edition print; both works will have a limited edition of 50 impressions and be unveiled on April 20, 2015. 


Other Artists who have donated Works of Art to this embassy program include Jasper Johns, Frank Stella, Helen Frankenthaler and James Rosenquist. 

 

Read more about this in The Art Newspaper:

bitly.com/KoonsShermanEmbassyEdition

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Cindy Sherman Influence Unmistakeable in Queen Elizabeth Photograph by Julian Calder

Cindy Sherman Influence Unmistakeable in Queen Elizabeth Photograph by Julian Calder | Fine Art News | Scoop.it

The influence of Cindy Sherman is unmistakeable in Queen Elizabeth II Portrait Photograph by Julian Calder.

http://www.pinterest.com/pin/59391288809656214/

 

The Scottish National Portrait Gallery very recently unveiled a photograph of Queen Elizabeth II that might just rank as the most legend(wait for it)dary portrait of a monarch ever taken. It’s titled, “Queen of Scots, Sovereign of The Most Ancient and Most Noble Order of The Thistle and Chief of The Chiefs” and the name only partially does it justice.

 

The photo was taken by photographer Julian Calder at the Queen’s Balmoral estate, and it shows her majesty standing outdoors, decked out in the raiment of the “Sovereign of The Most Ancient and Most Noble Order of The Thistle” and looking every inch as regal as you might imagine an 87-year-old monarch could.

http://petapixel.com/2014/01/18/quite-possibly-coolest-photo-queen-ever-taken/

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Thanks to John Baldessari everyone is famous!

Thanks to John Baldessari everyone is famous! | Fine Art News | Scoop.it

John Baldessari gives everyone 15 seconds of fame. 

 

Thanks to #JohnBaldessari you can get your name in lights. 
http://bitly.com/YourNameInLights ;

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Amazon Art enables Make An Offer

Amazon Art enables Make An Offer | Fine Art News | Scoop.it

In an attempt to drive more sales, Amazon's new Make an Offer feature allows you to negotiate with sellers on the price of collectible items.

Joseph K. Levene's insight:

Amazon Art emulates eBay with its Make An Offer option, a variation of the eBay Best Offer.  Like the eBay Best Offer program, the actual price paid via Amazon Make An Offer is a private exchange, only known to the seller and buyer. 

 

A recent survey of sellers by Amazon found that almost half of them said the ability to negotiate prices "would be important to drive more sales on Amazon," Amazon Marketplace general manager Peter Faricy told Reuters.

http://www.reuters.com/article/2014/12/09/us-amazon-com-bidding-idUSKBN0JN0N620141209

 

Unfortunately, the Make An Offer program won't make buying Art on Amazon safer. For more on this subject, read: 

Why You Shouldn't Buy Art from Amazon by Joseph K. Levene on The Fine Art Blog
http://blog.thefineartblog.com/2013/08/why-you-shouldnt-buy-art-from-amazon.html#axzz3LdUSN6RF

 

As Joseph K. Levene, President, Joseph K. Levene Fine Art, Ltd., indicated previously, a key problem at Amazon/Art is #AmazonManagement is not sufficiently monitoring art listed for sale. 

 

In addition, buying art on #AmazonArt  with a price-tag of more than $2,500 is risky, especially if the art you purchased is different than you thought and report the problem more than 30 days after the art was shipped.  

http://blog.thefineartblog.com/2013/08/why-you-shouldnt-buy-art-from-amazon.html#axzz3LdUSN6RF

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What To Do If You Buy A Fake on eBay?

What To Do If You Buy A Fake on eBay? | Fine Art News | Scoop.it

What To Do If You Buy A Fake on eBay? 

An eBay Art Guide by Joseph K. Levene Fine Art, Ltd. 

http://www.ebay.com/gds/What-To-Do-If-You-Buy-A-Fake-on-eBay-/10000000178021940/g.html

 

Joseph K. Levene has 3 decades multifaceted experience as Art Collector, Art Dealer, Art Executive & Online Art Sales on eBay & Sothebys.com.

 

For guaranteed Authentic Blue-Chip Fine Art & Photography, visit Joseph K Levene Fine Art Ltd on eBay.

http://stores.ebay.com/Joseph-K-Levene-Fine-Art-Ltd

Joseph K. Levene's insight:

Will I get a refund for the Alexander Calder Lithograph titled Candy Canes that I bought on eBay that was not created by Calder or authorized by the Calder Foundation that is a violation of the Intellectual Property of the Artist? 


Will the eBay Seller who sold me the purported Roy Lichtenstein Shipboard Girl return my payment now that I have found out it is Counterfeit? 


Can I get a refund from an eBay Seller of Art now that I found out I actually purchased a Counterfeit described as an Andy Warhol.  


Read  What To Do If You Buy A Fake on eBay?

An eBay Art Guide 

by Joseph K. Levene Fine Art, Ltd. 

http://www.ebay.com/gds/What-To-Do-If-You-Buy-A-Fake-on-eBay-/10000000178021940/g.html

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eBay launches Live Auctions Again

eBay launches Live Auctions Again | Fine Art News | Scoop.it
ART IN THE AIR - Art News & Gossip
Joseph K. Levene's insight:

eBay launches Live Auctions for the second time, but fails to provide any assurance all eBay lots are authentic.

 

Since counterfeits continue to be a factor on and off eBay, it is troubling that eBay Management has overlooked implementation of any consumer protection especially since many auction houses around the world condone fakes.

 

eBay Live exposure will provide new layer of incremental users for many firms which will ultimately result in increased bidder interest.

 

All lots offered on eBay Live will be subject to an added Buyer Fee, something not used on the regular eBay site. 

 

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Jeff Koons Art Pin from Versailles Exhibition

Jeff Koons Art Pin from Versailles Exhibition | Fine Art News | Scoop.it

#JeffKoons Lobster, 2003

Polychromed aluminum and coated steel chain sculpture installed in the 2008 Exhibition: Jeff Koons: Versailles at Château de Versailles, France. 

Joseph K. Levene's insight:

Follow #JeffKoons Pins on Pinterest, including Sculpture, Paintings and Prints by Jeff Koons on Pinterest, curated by Joseph K. Levene, Principal, Joseph K. Levene Fine Art, Ltd. | @JKLFA | http://pinterest.com/jklfa/jeff-koons-art/

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Sellers on AmazonArt complain about Poor Sales.

Sellers on AmazonArt complain about Poor Sales. | Fine Art News | Scoop.it

According to Business Week, gallery owners who have so far joined Amazon haven’t moved much merchandise.
http://buswk.co/1ip6cul

Joseph K. Levene's insight:

#AmazonArt has received lots of criticism so slow/non existent sales is not suprising.


#AmazonArt was ill conceived and smart buyers won't be seduced into buying with the sloppy interface on #AmazonArt.

Read Why You Shouldn't Buy Art From Amazon

on +The Fine Art Blog by +Joseph K. Levene 
http://blog.thefineartblog.com/2013/08/why-you-shouldnt-buy-art-from-amazon.html#.Uy5Zfdwn-TM

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Jeff Koons Creates Iconic Lady Gaga Sculpture

Jeff Koons Creates Iconic Lady Gaga Sculpture | Fine Art News | Scoop.it

If you happen to follow Lady Gaga on Twitter you may already know that the Marina Abramovic acolytehas just dropped a big Jeff Koons-related ball — gazing ball, that is. Gaga has unveiled the cover art for her forthcoming album “ARTPOP,” which features an original Koons sculpture of the pop star herself in a compromising position with a blue gazing ball reminiscent of those featured in his recent David Zwirner show.

 

The sculpture depicts Gaga nude in the “Birth of Venus” guise she’s been adopting lately — most recently in her performance at the MTV VMAs. In case the reference wasn’t obvious enough,Botticelli’s painting is also included — albeit in fractured fashion — in the background.

Joseph K. Levene's insight:

Before becoming an Artist, Jeff Koons was a Wall Street Commodities broker.  Early Jeff Koons Sculptures featured basketballs in Fish Tanks and inflatable toys like Balloon Dogs transformed into serious sculpture. 

 

Jeff Koons has also created several Sculptures that feature famous celebrities, including Buster Keaton, Bob Hope, Michael Jackson and Bubbles; and now Lady Gaga.  

 

Lady Gaga has been transformed by Jeff Koons into an iconic Sculpture that is featured on her new Album and will be exhibited at the artRave ARTPOP'S party on November 4, 2013.  

 

In November 2012, Jeff Koons Tulips fetched $33.6 million, an auction record for the Artist, although it is rumored that a Jeff Koons Rabbit from the Sonnabend Estate sold for $80 million.  

 

Jeff Koons is a master at marketing and his Lady Gaga collaboration  is genius.

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