Artelligence Conference Asks: Is Miró the New Picasso?

3 October 2011

click to enlarge

Joan Miro

(Art Market Monitor)

“Miró is one of the most undervalued of the 20th century masters,” Helly Nahmad stated at the Artelligence conference held last week in New York. “We have yet to see a $100 million Miró like we have with Picasso or Alberto Giacometti.”

Nahmad was joined by fellow dealers Nick MacLean, Guy Bennett and Nick Acquavella in a panel discussion titled "Inside the Modern Art Market" where the general consensus was that blue-chip modern art was still a safe bet for collectors.

A number of factors may weigh in Miró's favor as a new leader in the market. For one, the Tate Modern's recent retrospective on the artist, the first in 50 years, will travel to the U.S. Also, his work is rare to market, but now collectors are recognizing that the artist's late period includes some of his best output.

Finally, Acquavella noted that Miró may strike the aesthetic sensibilites of contemporary art collectors. “His use of collage can appeal to someone who likes Robert Rauschenberg or Jasper Johns,” he said.

Read more at Art Market Monitor

More News Feed Headlines

Julien Hudson, 1811-1844 American. Creole Boy With A Moth, 1835, oil on canvas, courtesy of a private collection; photo courtesy of Fodera Fine Art Conservation, Ltd.

First Retrospective of Early African American Artist Julien Hudson at Worcester Art Museum

A groundbreaking exhibition opened Dec. 9 at the Worcester Art Museum entitled “In Search of Julien Hudson: Free Artist of Color in Pre-Civil War New Orleans.” Julien Hudson (1811-1844) is the second-earliest documented portrait painter of African descent to work in the United States. Little-known today, Hudson died an untimely, somewhat mysterious death, and only fragments of his oeuvre survive to tell his story.

'May,' by Alexander Motyl, $25/month to rent ($550 to buy), artsicle.com.

Virtual Art Buying Gets a Boost From New Websites

A bevy of new online ventures are helping to streamline the process of buying art for both beginners and established collectors, facilitating keyboard-click access to information and galleries.

An installation view of the new Tuscaloosa Museum of Art: Home of the Westervelt Collection.

New Tuscaloosa Museum of Art to Showcase Important American Art

Last week, the Tuscaloosa Museum of Art opened its doors, finally giving a home to the art collection assembled by Jack Warner. Earlier this year, the Jack Warner Foundation and Westervelt Company separated, leaving the fate undetermined as to where their respective collections would be housed. Several key works were sold by the Westervelt Co. at auction and privately. Now, more than 800 pieces...

Portrait of a Man and Woman in an Interior, painted about 1666, by Eglon van der Neer (Dutch, 1634–1703). Oil on panel. Museum of Fine Arts, Boston. Seth K. Sweetser Fund.

Museum Curator as Art Detective

At the Museum of Fine Arts, Boston, Victoria Reed is the first and only endowed curator of provenance at an American museum. Since 2010, her role has been to research objects in the museum's collections, and new acquisitions, in order to determine the right of ownership. At times, Reed's findings have led to restitution...