Posts Tagged ‘Christies’
Posted by artradar on December 6, 2009
CONVERSATION SUBODH GUPTA INDIAN CONTEMPORARY ART
New Delhi-based contemporary artist Subodh Gupta is not backward in coming forward with his views. Smiling firmly, he chose not to respond to introductory remarks made by moderator William Pym, Managing Editor of Art Asia Pacific magazine at a talk hosted as a side-event of the Christie’s Hong Kong autumn 2009 auctions .
Instead he turned to face the audience: “Let me tell you all clearly why I am here today. Originally this was supposed to be a one-on-one talk with Art Asia Pacific. I was happy about that. But then it turned into a group talk hosted by Christies. I prefer to work with curators, writers and critics rather than auction houses”. Christie’s Hugo Weihe, International Director of Asian Art who was sitting in the front row looked slightly startled.
So Subodh Gupta is a man who is not afraid to say what he thinks….this talk was shaping up to be interesting.

Subodh Gupta
Moving attention swiftly to the art, Pym invited Gupta to discuss a series of slides of his works many of which were featured in his Hauser and Wirth solo show “Common Man” which ended October 2009.

Subodh Gupta, A Penny for Belief II
One set of works comprised three over-sized thalis (thali is a Hindi word meaning plate on which a series of small bowls of food are placed) each featuring its own grouping of like items: used sandals, kitchen utensils and coins in oil.
Gupta explained that a primary source of inspiration is what he sees and has seen in his everyday environment, the objects which surround him. His trademark references to Indian kitchen utensils reference his earliest experiences:
He was born (one of six children) in the northeastern state of Bihar, which he describes as the Wild West of India. His father, a railway guard, was a drinker and died in his early forties, when Gupta was 12. His mother, who came from a farming family, sent him off to live with her brother for a few years in a remote village — “Not a single school kid wore shoes, and there is no road to go to school. Sometimes we stop in the field and we sit down and eat green chickpea before we go to school. (Times)
Today however Gupta sporting international urban grunge-style clothing complete with goatee, only haltingly accepted the proposal suggested by Pym that he might be a cultural ambassador for India, someone who plays a role in teaching the world about his native country. “My inspiration comes from everyday life. Yes I suppose you can say I am an ambassador but only by chance because I am from India. Every artist reflects their own cultural environment. Nowadays I live in the world, I see more of the world. My art expresses that.”
The assemblage of local and global influences is evident in Penny for Belief II in which a large thali is filled with oil and coins. He explained that his globe-trotting lifestyle led him to notice that many cultures share behaviourse for expample the belief in the value of throwing coins for blessings. Local rites have underlying universal themes. ”In the United Kingdom, China and India, they throw coins into different things: oil, water and empty pots. But they all believe in throwing coins”.
Observant pattern-seeking Gupta is an artist who believes that art is a conceptual endeavour. Ever direct, he looked straight at the audience as he said: “If you still believe that artists today make art themselves, you are romanticising. My job as an artist is to think, conceive the ideas. My art is made up for me by expert artisans all over the world, the thali works were made in America. The Jeff Koons boxes were cast in Zurich.”
After leaving school, Gupta joined a small theatre group in Khagaul and worked as an actor for five years. This has informed his view of his role as an artist. “As an artist I have to adapt myself to the subject of my art. An artist is like an actor, he also has to adapt himself”.
Gupta clearly relishes art-making as a participatory and flexible endeavour and he is comfortable allowing viewers of his work to join in too. He explained that he let visitors throw their own coins into his thali artwork. “Didn’t the guards at the Hauser and Wirth gallery stop people from doing that, they are usually very protective of the art” asked Pym looking surprised. “No we told the guards to let visitors throw their own coins. It is part of the art and, you know what, we had coins from all over the world”.

Subodh Gupta, I Believe You
Despite his willingness to farm out the manual process of art-making, Gupta’s has a deep respect for labour and hard toil. He described how the sandals in “I Believe You” were sourced: “I noticed that the labourers in India wear sandals and each bears the mark, the footprint of its owner. Unique marks, like fingerprints. I bought some new sandals and swapped them for the workers’ used slippers. They symbolise these people in India - and of course all over the world – who work day to day for their bread and butter. These hard-working honest labourers. In this piece I am saying: I honour you, worship you, believe you. It is almost like a prayer. Thalis have associations not only with food but also with prayer.”

Labourers and travel remained the focus of the conversation as it turned to slides of his renowned luggage trolley series which included one of Subodh Gupta’s sculpture of a gilded bronze luggage trolley and three pieces of aluminium luggage called Vehicle for the Seven Seas (2004). According to Artcurial, this work posted an auction record price for the Indian artist when it fetched €502,330 ($785,243), more than triple its €140,000-180,000 estimate, under the gavel on April 3 2008.
Though he must have recounted the story behind this series many times before, Gupta’s explanation was engaging and articulate. “I had not travelled outside India until 1993. After that I often flew between Europe and India and because I bought cheap tickets, there was usually a stopover in Dubai or Kuwait. I noticed that on the return journey to India the plane was often empty for the first leg of the journey and then in the Middle East stopover the plane was filled with Indians, my people, migrant workers from India.”
He noticed that they had a particular and unique way of wrapping up their belongings for the journey. He became more and more intrigued by these packages and pieces of luggage which were so tightly and securely wrapped. ” I began to get talking to the passengers who were tailors and taxi drivers and construction labourers … I asked them what was inside. It turned out that the contents were quite ordinary, their everyday belongings plus a few clothes for their children, perhaps a little jewellery for their wives. But these parcels seemed to me to be themselves like jewellery and so I started working on them”.
Wrappings as a source of inspiration and of value in their own right is a motif which recurs in his work. In his ‘Jeff the Koons’ installation, Gupta has cast in aluminum copies of the cardboard boxes that Koons’ mailorder ‘Puppy’ sculptures come in.

Subodh Gupta, Jeff The Koons, installation Hauser and Wirth
In this work, Gupta shows us his playful side. Packaging materials rather than the contents become the focus of attention, the new and greater source of interest. And Gupta is not afraid to have a little fun, be a little cheeky: he distracts us and leads our attention away from the art (even though this art is made by world-famous artist Jeff Koons) and towards the packaging of it as if it were just as or more important. But Gupta’s irony is only employed with permission. “I first saw the boxes in Saint Tropez. When I was told that they were the boxes in which Koons’ sculptures had travelled there I was inspired. I wanted to cast them. I was told that maybe Jeff Koons would sue me unless I asked permission. So I waited 3 years until mutual friends finally introduced us and Koons gave me permission.”
“Jeff the Koons” is a work reminiscent of Warhol’s pivotal 1964 work Brillo Boxes too. These days Gupta likes to riff on iconic Western artworks. This has earned him well-worn monikers such as the “Damien Hirst of Delhi” and “Marcel Duchamp of the Subcontinent”. What does he think of these tags wondered Pym. “These titles seem to follow you from one press article to another. How do you feel about that?” “Well I find that it is usually the journalists who know the least about art who like to use them. I like Damien Hirst as an artist but I don’t see myself as him. Anyway what is written about me is not in my control. I just make art”
The son of a railway guard who arrived penniless in Delhi in 1988, Gupta who produced conventional canvases for many years before making sculpture, has clearly come a long way. Now Gupta’s everyday, his immediate sphere, his source of inspiration is no longer a rural world of steel buckets and tiffin boxes. Instead his environment is one of international travel, world-class art and well-deserved prominence.
Yet despite all this, Subodh Gupta is a man who remembers and honours the “common man”. Pym recounted how Gupta’s bronze sculpture of hand-painted mangos Aam Aadmi was his mother’s favourite work in the show. Gupta laughed. “I am glad about that because it is my favourite work too. I named the show after this work. Aam is a reference to mango fruit and to the common man. It is the King of Fruit in India. It is grown everywhere unlike other fruit so everyone can eat mango.”

Subodh Gupta, Aam Aadmi, 2009
Although he can be disconcertingly direct, sometimes to the point of being dismissive, it is hard not to like Subodh Gupta for his integrity, his humility and his fearlessness. Gupta may not be happy with Christie’s but the audience was thrilled by their up-close encounter with this complex engaging artist which Christie’s helped to host and promote.
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Posted in China, Collaborative, Conceptual, Hong Kong, Indian, Interviews, Journey art, Large art, Migration, Participatory, Subodh Gupta | Tagged: A Penny for Belief 2, Aam Aadmi, Art Asia Pacific, Christies, Common Man, Hauser and Wirth, I Believe You, Indian art, Indian sculpture, installation art, Jeff the Koons, luggage trolley art, migration art, sculpture, Subodh Gupta, thali in art, travel art, workers in art | Leave a Comment »
Posted by artradar on November 17, 2009
SINGAPORE AND HONG KONG’S COMPETING ART MARKET
Singapore’s art scene has grown rapidly since its 1989 government mandate to recognize the “importance of culture and the art.” Thriving to a point that, according to The Wall Street Journal, Hong Kong–Asia’s epicenter of art–is beginning to take its competitor seriously.
Hong Kong’s challenging art scene
Today’s numbers would suggest that Hong Kong has nothing to worry about for competition. Hong Kong is currently the third-largest auction market in the world with both Christie’s and Sotheby’s in its territory, and has set aside close to US$3 billion in order to create a much needed world class arts and culture development known as West Kowloon Cultural District. The project, however, has been slow to start and left many frustrated.
“The Hong Kong government first hit upon the idea in 1998 of building an integrated arts and culture neighborhood on 40 hectares of reclaimed land in the West Kowloon district. After many fits and starts, planning for the project recently picked up some momentum…Nevertheless, even if it all goes as planned, the first phase won’t be open until 2016.”

One of the proposed models for the West Kowoon Cultural Centre
The West Kowloon project has been “frustrating and painful,” says Asia Art Archive’s Ms. Hsu, who is also on the advisory panel for the museum at the new West Kowloon development. “For the public it has looked like the government is stalling, but it gives me a lot of hope. The government is very concerned about getting it right.’”
Singapore makes its move
The time spent behind making Hong Kong’s “necessary cultural move” may eventually result in Singapore gaining ground in the market by the country’s pushing ahead with so many art-hub projects of their own.
“It [Singapore] invested more than US$1 billion in infrastructure, including several museums and a 4,000-seat complex of theaters, studios and concert halls called the Esplanade, which opened in 2002, and spiced up its arts programming with diversity and a regional flavor.”

The Esplanade, Singapore
The benefits of Singapore’s art initiatives are already apparent. According to Singapore’s National Arts Council “between 1997 and 2007, the ‘vibrancy’ of the local art scene, measured by the number of performances and exhibition days, quadruped to more than 26,000.”
However, Singapore is still missing a key ingredient to perhaps prosper further: a big art-auction market like Hong Kong’s.
“Some smaller art-auction houses hold sales in Singapore, but the big ones — Christie’s and Sotheby’s — have pulled out and moved their Southeast Asian art auctions to Hong Kong, the former British colony that is home to seven million people and became a Chinese territory in 1997.”
For a city, having the ingredients for a thriving art market creates a virtuous circle. The powerful marketing machines of the big auction houses, including public previews of coming sales, raises awareness and appreciation of art in the community. All this encourages local artists to create more art. And that momentum, in turn, contributes to the development of a city’s broader cultural scene, including music, theater and design.”
Singapore looks ahead
The relationship between big art-auction markets and a thriving art scene can be so entangled that it would appear difficult to navigate a new course in order to adequately compete. Singapore, it seems, is trying anyways.
“Undaunted, Singapore is diligently pushing ahead and has opened several museums and other arts venues while Hong Kong has dithered on the construction of West Kowloon. Christie’s also recently picked Singapore to be the site of a global fine-arts storage facility to open in a duty-free zone in January.”
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Posted in Advisors, Auctions, Biennials, Business of art, China, Chinese, Collectors, Fairs, Hong Kong, Hong Kong artists, Market watch, Shanghai, Singapore, Singaporean, South East Asian, Uncategorized | Tagged: art, art auctions, art collectors, art dealers, art fair, art fairs, art market, art news, Asian art, Chinese art, Christies, Collectors, Hong Kong art, singapore, Singapore art, Singapore artists, Sothebys | 2 Comments »
Posted by artradar on November 11, 2009
ASIAN ART MARKET

Visitors enter a Sotheby's auction room in Hong Kong for a sale of modern and contemporary art on October 6, 2008.
For the first time ever, the total auction revenue from “contemporary art in Asia” is greater than the total of the United States artprice reports. The statistics are collected from a 12-month period spanning from July 2008 to June 2009. Asia generated €130 million versus the United States’ €123 million. China is the highest gainer out of this trend, having generated €95 million from contemporary art during the same period. According to the report, this means China is continuing to “hold on to its third place global geographical art auction revenue ranking.”
The establishment of foreign auction houses such as Christie’s, Sotheby’s and Bonhams in Hong Kong, in combination with the financial strength of Hong Kong and Shanghai are to be accredited for China’s position. For those who are looking to begin collecting Asian art, this does not mean that the price of contemporary Chinese art is back up to its sky-high prices of a couple of years ago. Artprice’s report tell us that in the first half of 2008 the average price of contemporary works sold in China was $65,500, however, in the first half of 2009, this average dropped to $26,800.
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Posted in Asia expands, Auctions, Business of art, China, Chinese, Hong Kong, Market watch, Trends | Tagged: art, art auctions, art collectors, art market, art market 2009, art market size, art news, art prices, art recession, Asian art, Asian art market, Asian art market size, Asian contemporart art market, auction, China, Chinese art, Chinese contemporary art, Christies, contemporary art, Indian art, Sothebys | 1 Comment »
Posted by artradar on October 28, 2009
ART FAIR INSURANCE
Last week, The Art Newspaper posted an interesting report that claimed that art is getting harder to insure. According to their source, Richard Northcott, executive director of the art, jewellery and private client division at Heath Lambert Group (London), firms that protect specialist fine art insurers are becoming cautious of insuring a large amount of art kept in one place at the same time, such as in storage warehouses and exhibitions. The article explains why:
“For a long time nobody in the insurance world was monitoring the cumulative value of art shown at fairs or kept in storage,” explains Northcott. “But in the last two or three years the industry has become a lot more sophisticated and a lot more aware of the issue.”
This is partly owing to 9/11 and Hurricane Katrina in 2005, which made insurers aware that a single catastrophe could wipe out an entire art fair or storage facility, and partly owing to recent developments in software that have made it much easier for re-insurers and specialist fine art insurers to track the location of the thousands of policies they have underwritten at any one time.

- At Art 40 Basel in June, “there were already murmurs of a problem,” Northcott says.
“There is a limit to the insurance market’s capacity for the cumulative value of policies for a single event like an art fair,” says Northcott. This stands at around $2bn; the insurance value of art at Frieze this year is much lower as the downturn in the contemporary market has led to declining prices, and the many younger galleries exhibiting for the first time are offering less expensive, emerging artists. But he believes that as the art market recovers, “all major art fairs will come under scrutiny by the industry”.
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Posted in Art insurance, Business of art, Fairs, Services | Tagged: art, Art Basel, art fair, art fairs, art galleries, Art Insurance, art news, art prices, Christies, Frieze, Insurance | 1 Comment »
Posted by artradar on December 1, 2008

Zhang Xiaogang
ASIAN ART AUCTIONS
A painting by Chinese contemporary artist Zhang Xiaogang offered by Hollywood director Oliver Stone fetched HK$26.4 million ($3.4 million) at a Hong Kong art sale where half the lots were unsold, reflecting the prevailing gloom.
Zhang’s “Bloodline: Big Family, No. 2,” from 1995, was the most-expensive lot sold at Christie’s International’s evening sale yesterday. There was less enthusiasm for most other lots: buyers shunned 44 percent of Asian contemporary works and more than half of 20th-century Chinese paintings for a sale that tallied HK$140.6 million.
“You could sense the caution; no one wants to make a rash move,” said Tian Kai, a Beijing-based art dealer who flew in to attend the sale. “It’s a sign of the times.”
Hong Kong’s art market remains in the throes of a slump it heralded in October when Sotheby’s auction in the city missed its target by half. Subsequent major auctions in New York, London and Dubai fell short of estimates, spelling an art-world rout sparked by the Sept. 15 bankruptcy of Lehman Brothers Holdings Inc. and the ensuing global credit and stock-market crisis.
Zhang’s 1.8 meter-by-2.3 meter work shows a pursed-lipped couple with a tuft-haired toddler painted yellow. It went to an anonymous buyer after a 2-minute tussle between phone and salesroom bidders.
Last night’s sale was the most-glamorous part of Christie’s five-day Hong Kong auction (Nov. 29-Dec. 3) of 2,500 antiques, gems and art that the company expects to raise HK$1.75 billion. At least 500 people, some decked in their evening best of chiffon, silks and gems, packed the standing-room-only auction- hall at the Exhibition Center which overlooks the harbor.
‘Price Readjustment’
“Overall, there’s clearly been a price readjustment,” said Jonathan Stone, Christie’s Hong Kong-based international business director, in an interview after the sale. Stone, not related to Oliver, said the company is pleased that it set several artist records at the sale, “economic circumstances notwithstanding.”
Artist record for Zao Wou-ki
“Hommage a Tou-Fou,” a painting by China-born, Paris-based Zao Wou-ki sold for an artist record of HK$45.5 million. Chinese artist Sanyu’s “Potted Chrysanthemums” fetched HK$8.4 million, against the presale top forecast of HK$5 million.
Biggest upset Zeng Fanzhi’s Mao
Last evening’s biggest upset was a 1993 painting of Mao Zedong by China’s most-expensive contemporary artist Zeng Fanzhi, which failed to sell against a presale estimate of HK$30 million.
Bidding on Zeng’s oil-on-canvas “Mao I: From the Masses, to the Masses” was labored, even with auctioneer Andrea Fiuczynskic’s effort at coaxing more bids. The last offer of HK$28 million wasn’t good enough for Fiuczynskic, who rapped the gavel and called in the lot.
“Mao I,” is the twin of a like-sized painting “Chairman Mao II,” also dated 1993, that fetched 2.17 million pounds ($3.3 million) at Phillips de Pury & Co.’s London auction on June 29.
Other Oliver Stone owned works sold at near low estimates
Oliver Stone had consigned five Chinese contemporary paintings at this sale, three of which featured at last night’s event. The other two, both Liu Weis, sold for a combined HK$7.5 million, near the low end of estimates. Two last paintings will be offered at Christie’s day sale this afternoon.
“These are challenging times,” said Tian. “Both sellers and buyers are trying to make the best of a difficult situation.”
Southeast Asian art prices eased
Demand for Southeast Asian art, whose prices defied the demand weakness at Sotheby’s October auction, eased at this sale.
A mixed-media painting by the region’s most-expensive painter I Nyoman Masriadi fetched HK$2.1 million, against the work’s top estimate of HK$1.6 million. The priciest lot sold at the Southeast Asian auction was Filipina Juan Luna’s “Roman Maidens,” which fetched HK$4.7 million, against the painting’s low estimate of HK$8 million.
Except for wines, Christie’s charges buyers 25 percent on the first HK$400,000 of the hammer price, 20 percent of the amount above that, up to and including HK$8 million, and 12 percent of subsequent sums.
Posted in Auctions, China, Chinese, Hong Kong, I Nyoman Masriadi, Indonesian, Market watch, Pop Art, Zeng Fanzhi | Tagged: art auction, art recession, Bloodline Big Family No 2, Christies, Christies auction, Hong Kong auction, I Nyoman Masriadi, Mao art, Oliver Stone, Sanyu, Zao Wou-ki, Zeng Fanzhi, Zhang Xiaogang | Leave a Comment »
Posted by artradar on December 1, 2008

Takashi Murakami
JAPANESE ART LECTURE HONG KONG
On November 28 2008 world-renowned Japanese artist Takashi Murakami gave a lecture organised by Christie’s as an ancillary event appended to their November sales in Hong Kong. He is the only visual artist in Time’s 2008 list of the 100 most influential people in art.
Single greatest catalyst for explosion of interest in art
In the introduction to the lecture by Edward Dolman CEO of Christie’s, Dolman thanked Takashi Murakami for being the ’single greatest catalyst’ for the ‘explosion of interest’ in the art world in the last ten years. He explained that twenty years ago art was sold to just ‘a few very privileged communities’ but today art and design have become part of the popular culture and Takashi Murakami has played a ‘huge’ part in bringing art to the people and making it accessible for them.
Murakami’s recession concerns
Murakami opened with the some comments on the current financial recession expressing concern for the market and the 130 sculptors, artists and animators employed by his Kaikai Kiki company. In all 400 peple are connected to the organisation. But he stressed these circumstances are normal to him as an artist implying that the marketing of art is always a challenge.
Murakami identifies himself as ‘otaku’
The substance of the lecture was about the main movements in Japanese popular culture principally ‘otaku’, a culture of young men isolated from mainstream society who are unmarried and often live at home spending hours on video games. Murakami clearly wants to be identified with the group mentioning a couple of times during the lecture that ’I myself am unmarried’. It is difficult to know whether this is the disingenuous ploy of a marketing genius however he did seem at pains to explain the movement which he tried to communicate with words, images and one and a half minute videos. But in repeated asides to his audience ‘you probably won’t understand this’ there was a subtext of futility.
Malaise in Japanese society
The sense of not being understood which pervaded the lecture prompted a question from the audience at the end: “How important is it to you that people who see your work understand your culture?” This triggered more explanations delivered with some passion. “Japanese people cannot identify themselves as Japanese so they share the ‘otaku’ culture as an alternative. To be part of community is a fundamental human need. Japanese society is now peaceful and noone is starving. Noone needs to worry about what to eat the next day but there is still a malaise, it is difficult to find satisfaction.”
So ’Otaku’ is about filling that hole.
Otaku is like a drug
A breathy young woman said she had noticed that were lots of women in the animation asked if there was a link between this phenomenon and why ’otaku’ men remained unmarried and whether Murakami himself planned to stay unmarried. The translator deftly ignored the latter question. Murakami explained that the life of an ‘otaku’ male is like the life of a drug addict. Hours are spent on video games to get a dopamine like high but they need to spend more and more hours to get the same kick, like ‘hard-core junkies’. ‘Otaku’ guys find it difficult to communicate with girls, they are hard to approach.
Otaku idols
The tendency to idolatry expressed by ‘otaku’ followers was not explicitly stated by Murakami but came across strongly in the videos. Women are portrayed as inaccessible over-feminine superheroines with magical powers, flat and unreal. Oh Murakami mentioned here, in an interesting aside, that ‘otaku’ men don’t like computer-generated animation, they like their women drawn by hand. Is this as close to the physical as they can comfortably get?
But it is not just women who are idolised….the behaviour spans the genders. We were shown a curious, almost alarming video – but then we had been warned that we probably wouldn’t understand – in which a group of guys surrounded one young man on a small stand whose dancing they were imitating. The dance disintegrated into what seemed to be genufluctions and adulation. There were no women; the men were awkward and, to use Murakami’s word, ‘uncool’.
Otaku has roots in defeat of Japan in World War II
So where does this intriguing culture of geeky rites, addictions and fantasy characters come from? Murakami has a surprising theory. He believes that the defeat of the Japanese in World War II led to a rejection of the Japanese identity, a turning away from Japanese culture. “Winning countries were able to maintain their culture but we had to break the link with our past, we had to create something completely new”. That the War is even offered as an explanation of a movement which arose 50 years after the event is startling. National shame is still an issue for Murakami and, so he claims, for all of Japan. This is an interesting theory but not altogether convincing: after all why is ‘otaku’ and Japanese culture becoming such a popular export to the rest of the world including the World War II winners?
What will we see next from Japan and otaku?
And what can the rest of the world expect to see as the next export? Well some of the ‘otaku’ fads Murakami mentions are ‘itasha’ (car sticker art) and ‘itansha’ (bicycle and motorbike art). ‘Otaku’ males who are unmarried have plenty of spare money and they spend it on the latest ‘otaku’ fad. Giant car stickers of cartoon cute manga and video game heroines adorn vehicles. There are ‘otaku’ spots with shops dedicated to ‘otaku’ gear.
‘Otaku’ girls are developing their own culture in which they experience unreal love for male fantasy characters which they express by dressing up as the object of their desire. In the female version of the ‘otaku’ culture, again alarmingly but we won’t go into that further here, there are elements of masochism and pain.
Art is a bloodless revolution for Murakami
So what is art to do in this culture? How is art responding? These questions haunt Murakami who says they have made him question the purpose of art. He keeps a sticker on the wall of his office setting out defintions of art. In sum he says ”Art is a bloodless revolution – that is the most important thing for me”.
So war, blood and fighting are never far from Murakam’s mind it seems. He showed us another video created by MR. a member of Kai Kai Ki Ki in which cute schoolgirl-aged females played with cuddly toys and then appeared dressed up as fantasy characters shooting eachother in survival games. “Japanese perceive war as unreal”, explained Murakami, ”they play at war games they are just playing, war is just a sport. Japanese people don’t link war with death and pain.”

Click to buy Murakami book
Murakami embraces Japanese identity
While it is more of a stretch to accept Murakami’s self-proclaimed identity as an ‘otaku’ male – after all how can you spend hours playing video games alone in your bedroom if you run a multi-million dollar art factory – there can be no doubt that Murakami’s identity as Japanese is keenly felt. On more than one occasion he came to the defense of Japan. That the Japanese treat war as a fantasy game “is not good or bad” he says” it is just the situation”. In defense of criticism – raised by himself a propos of nothing obvious - that the Japanese do not donate to charities he says that the Japanese prefer to contribute their time not money.
Takashi Murakami is a complex man. Speaking quietly, he is articulate but, in true ‘otaku’ style, somewhat uncomfortable in himself- at the beginning of the lecture to the organisers ”I am sitting here, what do you want me to do”. Dressed in grungy artist clothes surrounded by Christie’s suits, speaking slickly and acting awkwardly: who is Takashi Murakami? Many things: a businessman, an ‘otaku’ nerd, a Japanese national, an artist but most important of all he is a phenomenon who is having a profound influence on the course of global culture.
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Posted in Cartoon, China, Fantasy art, Hong Kong, Identity art, Japanese, Manga, Pop Art, Profiles, Recession, Takashi Murakami, Utopian art, War | Tagged: anime, Christies, Edward Dolman, Japanese art, Japanese artists, Kaikai Kiki, manga, MR., otaku, Takashi Murakami, War | 1 Comment »
Posted by artradar on October 5, 2008

Kang Hyung-Koo
REPORT FROM THE AUCTION ROOM
Big name Chinese and Indian artists and several premium lot artworks failed to sell at Sotheby’s October 2008 evening sale of contemporary and modern Asian art but the sale pointed to a new trend of enthusiastic collecting interest in South East Asian art.
Sotheby’s presented its first evening sale of Asian art in Hong Kong 4 October 2008 following Christie’s lead in the Spring auctions. Although Sotheby’s was more aggressive in the number of lots offered (Sotheby’s 47, Christie’s 32), Sotheby’s sale was generally a more diverse cautious offering compared with Christie’s. Sotheby’s presented:
- artworks covering more time periods (Sotheby’s contemporary and modern, Christie’s contemporary only)
- artworks from more geographical markets ( Both: Chinese, Indian, Korean, Japanese, Sotheby’s added Filipino and Indonesian)
- a greater price range at Sothebys with given estimates ranging from US$13,000 to more than US$3.85 million (Christie’s lowest given estimate was US$64,100 and ranged up to US$3.2m).
The results however could not have been more different. While Christie’s sale was a resounding success Sotheby’s sold only 28 of the 47 lots on offer.
The auction room was packed with all of the 200 or so seats taken and though more seats were brought in 30-40 people had to remain standing at the back. There were two rows of Sothebys staff (30-40 people) taking telephone bids. The auction room hummed with anticipation and got off to a roaring start with the first two lots. Filipino artist Ronald Ventura’s ‘Pinamumugaran’ attracted furious bidding and achieved a price of US$230,000 ex premium compared with estimates in the range US$13,000 to US$23,000. The next lot Indonesian artist Handiwirman Saputra’s ‘Mental Series No 8′ estimated at US$25,000- US$40,000 was also successful and eventually sold for US$140,000 ex premium.
Enthusiasm quickly waned during the next two lots of Indian art: lot 3 by Thukral and Tagra just exceeded the estimate and lot 4 by Jagannath Panda missed its estimate.
The first big upset was lot 5 Subodh Gupta’s ‘Untitled’ estimated at US$1.5 – 2million. Known as the leading Indian contemporary artist Gupta was the first Indian contemporary artist to be included in international auction sales. Sotheby’s had high hopes for this lot but it failed to meet the reserve and went unsold. This set the tone for the next 7 lots; although the works were by big name Indian and Chinese contemporary artists only 2 (Zhang Xiaogang and Feng Zhengjie) sold just scraping the bottom end of the estimates.

I Nyoman Masriadi
The remainder of the sale was slow and bidding was sticky apart from a couple of bright spots. Indonesian artist I Nyoman Masriadi’s ‘Sorry Hero, Saya Lupa’ estimated at US$48 – 75,000 attracted wide bidding from the room and phones and was finally sold for over US$500,000. Other artists who attracted several bidders and sold above estimates included Korean artists Lee Bul and Kang Hyung-Koo and Indonesian artists Agus Suwage and Affandi.
Contemporary Chinese artists who failed to sell any works in the sale included Liu Wei, Wang Guangyi, Tang Zhigang, Zeng Fanzhi, Yan Pei-ming, Feng Lijun. Chinese Moderns were not spared and lots by Liao Jichun, Chang Yu, Zhu Dequn were not sold. Other Asian artists who were not successful included Indians Subodh Gupta, Justin Ponmany, Japanese artist Takashi Murakami and founder of new media art Nam June Paik.
Some commentators suggest that this sale has been less successful because it coincides with a structural turning point in buyers’ tastes which are speculative and fad-led by nature and that interest in Chinese contemporary art has been replaced with a new enthusiasm for Korean and South East Asian art.
Fads aside, the correlation between prices of works and demand is certainly striking demonstrating a new price sensitivity by buyers of Asian art. September’s financial meltdown is no doubt the leading cause of the many failures in this sale but other factors may also be involved. The number of auctions and fairs has exploded in the last two years providing excess supply of art just when demand is reducing. This Sotheby’s auction competes with the concurrent Hong Kong International Art and Antiques Fair in which art is shown by over 80 galleries in 5000 sq metres of space on the floor above Sotheby’s sale at the Hong Kong Convention and Exhibition Centre. The Sotheby’s sale also overlaps with Korea’s leading auction house Seoul Auction’s first auction in Hong Kong which is offering high quality Korean Japanese Chinese and Western modern and contemporary works.
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Posted in Auctions, China, Chinese, Filipino, Globalisation, Hong Kong, Indian, Indonesian, Japanese, Korean, Market watch, Painting, Recession, South East Asian | Tagged: Affandi, Agus Suwage, art auction, art downturn, art news, art prices, art recession, art sales, auction news, Chang Yu, Chinese art, Christies, contemporary art, Feng Lijun, Feng Zhengjie, Filipino art, financial crisis art, financial meltdown art, Globalisation, Handiwirman Saputra, I Nyoman Masriadi, Indian art, Indonesian art, Jagannath Panda, Japanese art, Justin Ponmany, Kang Hyung Koo, Korean art, Lee Bul, Liao Jichun, Liu Wei, Nam June Paik, Ronald Ventura, Seoul Auction, Sothebys, Sothebys Hong Kong, Subodh Gupta, superhero art, Takashi Murakami, Tang Zhigang, Thukral and Tagra, Wang Guangyi, Yan Peiming, Zeng Fanzhi, Zhang Xiaogang, Zhu Dequn | 2 Comments »
Posted by artradar on September 7, 2008

Farhad Moshiri Eshgh
IRANIAN ART MARKET
“The vitality of the Middle-Eastern market is giving a number of young Iranian artists a healthy price index on the secondary art market” says Artprice’s online magazine Art Market Insight.
In October 2007, at only his second auction appearance, Christie’s Dubai generated a bid of $50,000 for a painting by Afshin PIRHASHEMI (born 1974) entitled Those Four Days. Just a month earlier in Paris, Artcurial sold his painting Memory for 6,000 euros and by April 2008 his triptych ’Lonely’ created in 2005 commanded an astounding price of $110,000 at Christie’s in Dubai.
The work of two young Iranian women are beginning to command attention: Shirin ALIABADI and Shadi GHADIRIAN (born in 1973 and 1974 respectively) create works inspired by the challenges facing women. Shadi Ghadirian’s photos show veiled women with contemporary objects and her most famous piece, Stereo, sold for £9,000 (over $18,000) in 2007 at Sotheby’s in London.
Stimulated by developments in the art market infrastucture including the introduction of art fair, Art Dubai in 2007 and the appearance of auction houses (Christies 2006, Bonhams 2008), contemporary artists from Tunisia, Egypt, Morocco, Lebanon and Iran have seen increasing attention and price inflation.

'Iranian Contemporary Art' by Rose Issa - click to buy book
Shirin Neshat
and Farhad Moshiri are two artists who are now well known on the international art scene. Farhad Moshiri became the highest selling Iranian artist when his 2 metre high bronze work ‘The Wall (Oh Persepolis)’ fetched no less than $2.5 million at Christies Dubai in April 2008 trouncing its estimate of $400,000-600,000. Farhah Moshiri is best known for his jewel art pieces in which he covers objects or makes images with fine layers of gold or Swarowski crystals.
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Posted in Iranian, Market watch | Tagged: Afshin Pirhashemi, art, art in Dubai, art market, Artprice, Bonhams, Christies, Farhad Moshiri, Feminist art, gender art, Iranian Art, Iranian art market, jewel art, Middle Eastern art market, Shadi Ghadirian, Shirin Aliabardi, Shirin Neshat | 2 Comments »
Posted by artradar on August 14, 2008
AUCTION MARKET WATCH Sotheby’s said it will cease holding auctions of Asian contemporary art in New York and “consolidate” them instead in Hong Kong, with biannual sales in the Asian city.
Sotheby’s said it will organize dedicated auctions of Chinese, Japanese, Korean and Southeast Asian art in April and October in Hong Kong, starting next year. Its Sept. 17 sale of such Asian works in New York will be its last in the city, said Rhonda Yung, Sotheby’s Hong Kong-based spokeswoman, in an interview. The decision doesn’t preclude sales of batches of Asian artworks at its New York, Paris and London auctions, Yung said.
The move by the U.S. auction house tracks that of London- based rival Christie’s International, which held Asia’s first major evening sale of the region’s contemporary works in Hong Kong in May. Artist Zeng Fanzhi’s painting of masked Red Guards of the Cultural Revolution era fetched a Chinese contemporary-art record of HK$75.4 million ($9.7 million) at Christie’s inaugural sale.
“It’s a shrewd decision,” said Tian Kai, a Beijing-based contemporary-art dealer. “While Europe still has the top collectors of Asian contemporary art, being in Hong Kong shows Sotheby’s commitment to a growing market.”
Tian said Christie’s has about 60 percent of the Asian contemporary-art auction market, while Sotheby’s has 40 percent. Christie’s has a “good but not insurmountable” lead over Sotheby’s in that market, Tian said.
“It has become increasingly evident that contemporary Asian works have consistently fetched the highest prices at auction in Hong Kong,” said Kevin Ching, Sotheby’s Hong Kong-based chief executive officer, in a statement.
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Posted in Chinese, Japanese, Korean, Market watch | Tagged: art auctions, art market, Asian art auctions, auctions, Chinese art auctions, Christies, Sothebys, Sothebys Hong Kong, Sothebys New York | Leave a Comment »
Posted by artradar on August 13, 2008

Sohan Qadri
INDIA ART FAIR India is hosting its first art fair of modern and contemporary art called “India Art Summit”. It will be held from the 22nd to the 24th of August 2008, at Pragati Maidan (ITPO) New Delhi.
More than 30 galleries from India and abroad will show works in an area of 1400 square metres. The three day event is expected to attract thousands of people.
Anjolie Ela Menon, one of India’s most outstanding contemporary artists and one of the patrons of the India Art Summit along with artists SH Raza and Krishen Khanna and art critic Keshav Malik, sees this fair as a gateway to the future of modern and contemporary art reports the magazine Asian Art News.
“It’s high time that India offered and art fair to the world” says Renu Modi of Gallery Espace.
Established artists on show will include MF Husain, Vaikuntham, Sohan Qadri, FN Souza, Atul Dodiya and Riyas Komu.
Younger artists such as Babu Xavier, Thukral and Tagra, Birendra Pani, Mekhala Bahl, Rooshika Patel, Sara, Tanmoy Samanta, Apurva Desai, CF John, Debraj Goswami, Pratul Dash, Murali Cheeroth, TM Azis, Raqs Media Collective will attract younger collectors.

Murali Cheeroth
Sculptors include Nagji Patel, Saroj Kumar Singh and Arzan Khambatta.
The timing is right says Asian Art News: Indian art’s bouyant annual growth rate is estimated to be 30 to 35%.
There will be networking opportunities at the concurrent Art Forum with speakers such as Rajeev Lochan, director National Gallery of Modern Art, art critics Geeta Kapur and Gayatri Sinha, Robert Storr dean Yale School of Art and Hugo Weihe Christie’s head of Asian Art.
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Posted in Fairs, Indian | Tagged: Anjolie Ela Menon, Apurva Desai, Arzan Khambatta, Atul Dodiya, Babu Xavier, Birendra Pani, CF John, Christies, Debraj Goswami, FN Souza, Gallery Espace, Gayatri Sinha, Geeta Kapur, Hugo Weihe, India Art Summit, indian art critic, Keshav Malik, Krishen Khanna, Mekhala Bahl, MF Husain, Murali Cheeroth, Nagji Patel, National Gallery of Modern Art, Pratul Dash, Rajeev Lochan, Raqs Media Collective, Riyas Komu, Robert Storr, Rooshika Patel, Sara, Saroj Kumar Singh, SH Raza, Sohan Qadri, Tanmoy Samanta, Thukral and Tagra, TM Azis, Vaikuntham, Yale School of Art | Leave a Comment »