$1 Billion Down: Art Loves Money Retrospective (May 2007-September 2008)


Baroque Egg with Bow by Jeff Koons, a sculpture from the artist's Celebration series, fetched $5.4 million from Larry Gagosian at Sotheby's on Tuesday night. In November 2007, Gagosian paid the auction house a then-record $23.6 million for Koons's Hanging Heart from the the same series.

Baroque Egg with Bow by Jeff Koons, a sculpture from the artist's Celebration series, fetched $5.4 million from Larry Gagosian at Sotheby's on Tuesday night. In November 2007, Gagosian paid the auction house a then-record $23.6 million for Koons's Hanging Heart from the the same series.

With the major New York auctions down about $1 billion this spring over a year ago, it seems like a good time to post my collection of Art Loves Money blogs, which coincided with the peak of the art market, for the semi-defunct Men’s Vogue. (Apologies for the imageless formatting, the posts are no longer available online). If you’re happy not to know another thing about the art market and the incredible boom that collapsed last fall, don’t read on.

(more…)

Follow

Get every new post delivered to your Inbox.