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Artists wanted to display works at Festival at Mount Si
Festival at Mount Si organizers are looking for artists to give demonstrations, display and sell artwork at the festival, Aug. 7 to 9. Hours are 6 to 10 p.m. Aug. 7, 10 a.m. to 7 p.m. Aug. 8 and 11 a.m. to 4 p.m. Aug. 9.
There is no fee; artists are asked to help with setup or tear-down, as well as to demo their art and staff their sales tent for two hours or more. Artists can participate for any or all days of the event. All art must be picked up at end of the festival on Sunday.
Loveland Fine Art show needs volunteers
Loveland Fine Art show needs volunteersPosted: 07/16/2015 12:01:53 PM MDT
Vermillion Promotions organizers are looking for volunteers to help with the first Loveland Fine Art and Wine Festival, which is opening alongside Sculpture in the Park and Art in the Park on Aug. 7-9. The event is taking the place of the canceled Loveland Sculpture Invitational and Sale.
Visit www.vermillionpromotions.com for details about the event and call 623-734-6526 to volunteer.
“We’d like to get about 24 more volunteers,” said Candy Vermillion, event director.
They have already had people call who used to participate in the previous event and are interested in driving golf carts.
She said they need people to do that as well as drive the flat bed cars to help artists move sculptures in for set up. They also need volunteers for set up and tear down, for vendor hospitality and to sell tickets at the gate.
She said the Kiwanis Club and Loveland boy scout troops are helping out with the event.
The event will include sculpture in tents like the previous event did in the past. Fine art has also been added as a component. The show will include music, wine, and several food vendors.
‘Art Challenge: A Fine Art Competition’
IRVING, Texas, Jul 16, 2015 (GLOBE NEWSWIRE via COMTEX) —
Michaels MIK, -1.53% North America’s largest arts and crafts specialty retailer, is teaming with two of the world’s leading fine art materials brands, Winsor & Newton and Liquitex, to present Art Challenge: A Fine Art Competition for serious and aspirational artists.
Michaels Launches ‘Art Challenge: A Fine Art Competition’
A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=34523
Michaels will accept images of original artworks in oil or acrylic paint on canvas or watercolor on watercolor paper beginning July 26 and continuing through Aug. 15 at Michaels.com/artchallenge or in Canada at Canada.Michaels.com/artchallenge.
All submitted images will be reviewed by a panel of four established leaders in the art world: Jimmy Leslie, resident artist for Liquitex and Winsor & Newton and director of their Fine Art Collective; Bruce McColl, director of art education, Currier Museum of Art; Mario Robinson, Winsor & Newton brand ambassador; and John Viggiano, artist, Vigg Designs owner and co-director of The Collective Art Tank. The panel will select 10 semi-finalists the week of Aug. 16, and then one winner and three runners-up will be chosen by public vote Aug. 23-29. Complete contest details and rules are available here.
“Partnering with Michaels for this competition allows Liquitex and Winsor & Newton to connect with artists throughout America and Canada while also giving us the privilege of helping them progress in their careers,” said Leslie. “The Art Challenge also fulfills our deep desire, as a collective of art brands and artists, to help other artists explore and evolve their work.”
The grand prize winner will receive $1,000 in cash and a $1,000 Michaels gift card, a seven-day trip for two to New Jersey to display their work at The Collective Art Tank in Asbury Park and an opportunity to visit some of the region’s most popular art destinations. The winner’s artwork will be replicated, framed and displayed in the custom framing area of each Michaels store.
“Serious artists have long looked to Michaels for affordable, high-quality canvases, paints, brushes and tools from top brands like Winsor & Newton and Liquitex,” said Michaels Vice President – Category Marketing Jennifer Rawls. “As North America’s leading fine arts supply retailer, we want to recognize these customers and showcase their work through the Art Challenge.”
Runners-up will receive a $500 cash prize and a $500 Michaels gift card, and the remaining six semi-finalists will be awarded $100 in cash and a $100 Michaels gift card.
About The Michaels Companies, Inc.
The Michaels Companies, Inc., is North America’s largest specialty retailer of arts and crafts. As of May 2, 2015, the Company owns and operates 1,177 Michaels stores in 49 states and Canada and 118 Aaron Brothers stores, and produces 12 exclusive private brands including Recollections®, Studio Decor®, Bead Landing®, Creatology®, Ashland®, Celebrate It®, ArtMinds®, Artist’s Loft®, Craft Smart®, Loops & Threads®, Imagin8® and Make Market™. Visit http://www.Michaels.com for additional information.
Media Contact: Megan Duran or Loren Rutledge
Ultrarich Keep Contemporary Art Market Bustling
LONDON — This has been, by any reckoning, a momentous first half of the year for the art market.
In February we learned that Qatar had bought a Gauguin painting for an undisclosed price of as much as $300 million; in May, an experimental week of Impressionist, modern and contemporary art sales in New York raised more than $2 billion, including $179.4 million for Picasso’s 1955 “Les Femmes d’Alger (Version ‘O’),” a high for artwork sold at auction; and in June, several prominent contemporary dealers reported their best-ever Art Basel fair, which attracted a record 98,000 visitors.
As collectors, advisers and dealers head off for the Hamptons, or Provence, or other favored vacation spots, this might be the moment to take stock — or as two medieval peasants asked in a classic New Yorker cartoon, after a minstrel sauntered past singing “Sumer is icumen in”: What was that all about?
When art prices surge, there is always talk of a “bubble.” But for the moment, despite the uncertainty over Greece and despite Chinese stocks losing $3 trillion of their value in less than a month, those involved in the art market remain insouciant about prospects for the second half of 2015.
On June 30, the London analysts ArtTactic published a study based on the responses of 128 art collectors, advisers, auction experts, dealers and media commentators. More than half of the participants think the market for postwar and contemporary art will continue to grow over the next six months and less than half think it will remain flat. None expected it to contract.
“It’s not a bubble in the classical sense of the word,” said Tom Flynn, director of art appraisal at Kingston University in Surrey, England. “The cyclical process appears to have gone from the top end of the contemporary market. It’s being driven by almost unprecedented levels of wealth in the world, and by an influx of people from finance who are treating art as a pure asset class.”
In 2009, during the depths of the financial crisis, worldwide auction sales of postwar and contemporary art contracted to 1.4 billion euros, about $1.5 billion today, less than half the €3.5 billion achieved in 2007, according to a report published by the European Fine Art Foundation in March. The report said auction sales of contemporary art hit an all-time high of €5.9 billion in 2014. Or, to put it another way, no “bubble” burst in 2009; the market for contemporary art simply paused.
“There’s so much wealth around, and it keeps on being created and put into tangible assets like art,” said Suzanne Gyorgy, global head of art advisory and finance at Citi Private Bank in New York.
“The recession created opportunities for huge wealth creation,” she added, referring to the quantitative easing policies that over the past five years have raised asset prices in the United States and Europe. “Money goes to people who are able to make more money out of it.”
An increasing number of these people are looking to make money out of contemporary art.
The Victoria Miro gallery in London, for example, represents the veteran Japanese avant-garde artist Yayoi Kusama. A 2006 version of one of the white “Infinity-Net” paintings Ms. Kusama has been producing for more than 50 years sold at auction in Hong Kong in November for $2.3 million, according to the auction results database Artnet.
Little wonder, then, that Victoria Miro had a waiting list of more than 200 clients for the four fresh Infinity-Nets, priced at $450,000 each, it took to Art Basel. These were among 15 works the gallery either sold or had firmly reserved within an hour of the fair opening to V.I.P. guests on June 16.
“That’s never happened before,” said the gallery’s co-director, Glenn Scott Wright. “People have been saying the contemporary market is a bubble for 20 years. But it’s a different beast now. So many people see art as an alternative investment.”
That said, the market for contemporary art remains a fickle beast. The speculative trade in hot, young “process-based” abstract painters such as Lucien Smith, Alex Israel, Parker Ito and Israel Lund, whose works were routinely being flipped by multiple-estimate auction prices in 2014, has cooled.
Blue-chip names like Francis Bacon, Andy Warhol and Gerhard Richter can also prove problematic. Ambitiously valued, so-so examples of these highly regarded artists’ work failed to achieve estimates as high as 35 million pounds, about $55 million, at Christie’s and Sotheby’s in London on June 30 and July 1.
But over all, contemporary art retains its allure as a wealth preservative. Back in January, the Hong Kong-based website Larry’s List calculated that there were about 8,000 to 10,000 collectors worldwide who regularly buy substantially priced works from galleries and from the major art fairs such as Art Basel.
That is a tiny segment of what Tefaf said was a world population of 35 million millionaires, and more than 200,000 ultrahigh-net-worth individuals with $30 million or more to spend, in 2014.
But with their multiple homes, tax-efficient private museums and sophisticated offshore investment plans, wealthy contemporary art collectors are people who, by and large, have managed to detach themselves from the everyday concerns of national economies. Unlike Greek shopkeepers and Chinese small investors, art magnates like Dakis Joannou and Budi Tek are in little danger of going bust.
In fact, the very rich do not seem to have much interest in collecting any other kind of art, other than postwar and contemporary. There were clear signs of the ever-widening inequality with other art markets at recent auctions in London.
Christie’s evening sale of contemporary works raised £95.7 million on June 30, and the company’s equivalent auction of Old Masters paintings raised just £19 million. Christie’s said in an email that Richard Knight, co-chairman of the Old Masters department, would be leaving the company at the end of the month.
Despite some high-value failures, Sotheby’s contemporary sale on July 1 managed to raise £130.4 million, the company’s highest total for the category in Europe.
On Wednesday, Sotheby’s auction of Victorian, Pre-Raphaelite and British Impressionist art took in £4.7 million. The auction house’s publicity department made the most of the £167,000 paid by an American collector for an 1895 pencil and white chalk study for Frederic Leighton’s much-reproduced painting, “Flaming June.”
But those results were a far cry from 2000, when wealthy individuals were buying a broader range of status-enhancing art, and the British collector Andrew Lloyd Webber had to pay £6.6 million for John William Waterhouse’s “St. Cecilia” at auction.
Still, there have been other exceptions. Though just half of the 61 lots at Christie’s £18 million “Exceptional” sale of miscellaneous historical items on July 9 found buyers, a circa 1880 wooden figural bow-stand from Congo’s Luba culture was pushed by two telephone bidders to £6.1 million with fees. It is one of just eight works attributed to the Warua Master, who worked for Luba royalty, and fetched more than double the high estimate and the second-highest auction price paid for an African work of art at auction.
A number of wealthy collectors of modern and contemporary works also have a taste for Oceanic and African art.
“This piece did have an aesthetic that appealed to a broader spectrum of buyers,” said William Robinson, Christie’s international head of world art, who would not divulge the collecting tastes of either of the telephone bidders. “It was just a spectacular piece of sculpture.”