Artelligence Podcast

Dane Jensen just opened his own art advisory firm in Los Angeles. He has worked in the art and auction industry as a curator, auction house specialist and art advisor. He became much more visible after engaging in an epic bidding war over Ernie Barnes's The Sugar Shack II that sold to energy trader Bill Perkins for more than $15 million at Christie's in May of 2022. In this podcast, Jensen talks about the role of an art advisor as well as what makes Los Angeles distinctive in terms of its collectors, their goals and what they value. We also talk about Ernie Barnes, how his market has rapidly globalized and, of course, what it was like to bid in that wild auction for The Sugar Shack.

In this podcast, David Galperin, Sotheby's Head of Contemporary Art for the Americas talks about the success of Justin Caguiat's work in last month's The Now sale, the continuing success of Jadé Fadojutimi's work and how the cycle of discovery has accelerated. Why do young artists or historically overlooked artists launch so quickly into auction sales cycles? How does the discovery market function and what's the interplay between galleries and auction houses.

Natasha Degen is the chair of the graduate program in art market studies at FIT in New York. She has just published a book called Merchants of Style, Art and Fashion after Warhol. That subtitle doesn't really capture the depth and nuance of her book. SHe has written an anatomy of the ways art and fashion have become intertwined in the present-day global economy. It's not just that major fashion brands have latched onto artists as way to market their wares and their brands. Degen unpacks the cultural codes and institutional structures that have promoted this convergence. In this podcast, she also speculates on what has been gained and lost by both art and fashion—and what's at risk going forward.

The New York auctions begin this week with just over 2000 lots on offer. The combined low estimate is nearly $1.37 billion dollars. If we remove the Allen collection from last November's sales, we're still at about the same level in terms of the value of the low estimate. If that doesn't surprise you, you're lucky. That means you didn't spend three months after November's auctions waiting for a global recession to begin. During that period, little art traded hands. Now that the economic slowdown hasn't happened—yet—it would seem as though the art market is trying to make up for lost time and take advantage of this goldilocks moment. Pre-sale guarantees seem to be down but the freight train of collections and estates hasn't stopped either. In this podcast, we're going to hear from the specialists at Christie's, Phillips and Sotheby's about some of the lots selling this month. There's so much high quality art on offer, we're not going to get to it all. But here are some of the interesting stories.

When the $270 million dollar Gerald Fineberg collection was announced, Christie's Sara Friedlander remarked that the Boston real estate developer, “bought art like a curator.” Citing his ability to go deep into key movements like the artists of Black Mountain College, the Ninth Street Women, Gutai, Pop, Minimalism, Arte Povera and the Pictures Generation, Friedlander also points out that Fineberg had important works by Gerhard Richter, Christopher Wool, Alice Neel, Man Ray, Beauford Delaney and Barkley Hendricks. We sat down this week to talk through as much of the art on offer as we could possibly discuss in 30 minutes. Highlights from the Fineberg collection are on view at Christie's until May 13th when the entire collection will be on display at the auction house's Rockefeller Center headquarters. The highlights are hung in an engaging “salon” style—that means the works are sitting edge-to-edge—but the final exhibition will offer a different perspective. Auction season in New York is a rare opportunity to see art. The auction houses are open to the public. So avail yourself of this privilege starting May 6th.

S.I. Newhouse Jr. was a titan of the media business in the late 20th Century, presiding over Conde Nast but also owning with his brother Donald Advance Publication's chain of newspapers and other cable television properties and networks. He was one of the preeminent collectors of Post-war and Contemporary art. Through the painter Alexander Liberman, who served as Conde Nast's Editorial Director, he met the abstract expressionist Barnett Newman. Through Newman, he developed an interest in abstract expressionism and color field painting. But Newhouse was also a restless and inquisitive collector open to pursuing new ideas and remaking his collection continually. Alex Rotter, Chairman of Christie's 20/21 art departments, and Max Carter, a Vice Chairman, sat down to talk about Newhouse as a collector and the important works that are being sold this season.

The global auction and art fair calendar hardly seems like the fascinating subject that it really is. The art world still operates on a schedule largely established decades ago. The disruption of the global pandemic seemed to offer an opportunity to reshape those assumptions. Asia has become more important and art fairs are proliferating from Seoul to Los Angeles and Paris. Nevertheless, 2022 saw the old auction calendar re-emerge. Judging by the very strong numbers posted last year, sales haven't suffered. So what will happen next? To answer that question, I spoke to Phillips CEO Stephen Brooks. Phillips is the first to open a dedicated Hong Kong headquarters. His rivals will have their own premises next year. That means there is likely to be an auction season twice a year in Hong Kong either in 2024 or sometime thereafter just as there is in New York and London. How that will fit into the calendar and how auction houses view the growing number of sales opportunities is the subject of our conversation. I hope you enjoy it.

Cecily Brown has been a prominent painter for more than a quarter century. But starting in the last 5 years, her importance in the art market has grown substantially. With the opening of Death and the Maid at New York's Metropolitan Museum, it seemed like a good time to discuss her market. The Met show is one of only a handful of museum shows that Brown has participated in including Boston's MFA in 2006 and the Louisiana Museum in 2018. To get a better sense of how collectors view and value her work, I spoke to Hugo Nathan, one of the principles of art advisory Beaumont Nathan. As an art dealer and collector himself, Hugo has worked on a broad range of art from the Renaissance to Contemporary. His firm have advised a number of clients on the market for Cecily Brown's work. We spoke early on the morning that the Met show opened

CJ Hendry is an artist “of sorts,” she says. She's an Instagram phenom, an entrepreneur, a copyright provocateur and an impresario. Last year she converted a church in London into an immersive experience that involved a never-ending indoor “snowstorm.” This month in Brooklyn, she has created a massive indoor playground for children and adults for a show called Plaid. From her renovated Brooklyn townhouse just featured in Architectural Digest to acting as her own gallery to a documentary about her Copyright Infringement public art projects, there's no shortage of topics to discuss. Hendry and I sat down in her studio to go through them.

Editions, or the sales of prints and multiple works, is an auction category that is rarely discussed. For many artists, editioned work is a significant part of their practice. Over the last several years, there has been an explosion in interest and auction activity. In 2021, Phillips saw a record-breaking year for its Editions sales. Since then, auction volume has risen another 30% to a total of $40 million in sales in 2022. Phillips editions department was founded in 2008. Since that time, there has been a five-fold increase in bidders registered with the house. To discuss the growth of the editions market, we spoke with Robert Kennan, Phillips's head of editions in Europe.

Innovation is so important to Kenneth Noland's practice, says Pace Gallery's Alex Brown in this podcast. This month, Pace brings a show of Noland's Stripes, Plaids and Shapes to Chelsea after a successful run in their London gallery. To get a better understanding of Noland's career, we spoke with Bill Noland, the artist's son; then Alex Brown and the Noland estate's long-term advisor, Douglas Baxter, help us understand the market for the artist.

Sara Friedlander, a deputy Chairman at Christie's who styles herself and “art merchant,” joins LiveArt's George O'Dell to discuss the first New York sales of 2023. The auction calendar is anchored by the May & November sales in New York but the rest of the year is a free-for-all of sales. On a year-over-year basis, the New York Contemporary art sales were up in dollar volume due to presence of two single-owner sales but down only slightly on a like-for-like basis. Sara points out that she has never seen the primary market so strong which makes her wonder who are the new names that auctioneers should be bringing to market. Meanwhile, on the secondary market, sales are heavily dependent upon estimates. Bidders are reacting to perceived value. George and Sara talk about the market for Cecily Brown, Albert Oehlen, Shara Hughes, Leon Polk Smith, Bob Thompson and together they plot a Richard Estes show to spearhead the return of Photorealism to market favor.

Philip Guston Now is the biggest international retrospective of the artist's work in a generation. It's debut at the National Gallery of Art in Washington, DC this month comes shortly after the announcement of a major gift of the artist's work to the Metropolitan Museum in New York. Both the retrospective and the donation contain a considerable number of works from the artist's daughter, Musa Mayer. In this podcast, we speak to the National Gallery's Harry Cooper, a curator of the show, about Guston's long and varied career. Cooper also talks about the confusion around Guston's symbolism and difficulty in knowing the meaning or intent of his paintings. After that, we speak to collector Claude Reich about Guston's market and why the artist attracts so many elite collectors yet still remains significantly undervalued compared to his peers.

The art market has been holding its breath for nearly three months. How will the global economy affect the art market in 2023? With the important London auctions now on view, we speak to Sotheby's Helena Newman, Phillips's Cheyenne Westphal, Christie's Keith Gill, Olivier Camu and Tessa Lord, as well as Sotheby's James Sevier to learn more about the upcoming lots including a $45 million Kandinsky on offer through restitution, a several Gerhard Richter abstract paintings at different price points, a very early work by Lucian Freud, a collection of diverse Surrealist talents assembled by a San Francisco "tech" couple and much more.

Noah Horowitz returned to Art Basel as CEO after a year and a half away at Sotheby's. In his new role, which is also a new role for the company, Horowitz is rebuilding the Art Basel team around a strategy for a bigger art fair business with more galleries, more fairs and more opportunities. In this podcast, he talks about the importance of each fair in the Art Basel constellation meeting the needs of galleries, collectors and the cities that surround them. But he also looks toward the future and the ways in which Art Basel can grow beyond the art fair business it grew out of.

Acquavella Gallery has represented the artist Wayne Thiebaud since 2011. The artist, who died on Christmas day in 2021 at the age of 101 was serious about his art, teaching and tennis. How serious was he about his art? Thiebaud worked on one painting for 32 years. Now the Fondation Beyeler has a show of 65 works by Thiebaud that will introduce the breadth of his work to a global audience. In this podcast, Eleanor Acquavella explains the unique factors that have led to a dramatic rise in value in the Thiebaud market and the reasons it might have taken so long for the artist to achieve this moment of recognition.

One of the clear trends visible in last year's auction data is a renewed interest in abstract painting. Bidders are pursuing a range of overlooked artists from the 1940s and 1950s. Into that trend, David Zwirner Gallery has opened a new show, Roma New York, 1953-64. The exhibition more than 50 works by 23 different artists highlights the connection between some of the giants of mid-century art like Willem de Kooning, Robert Rauschenberg, Franz Kline and Cy Twombly , as well as lesser known names like Conrad Marca-Relli, and a group of Italian artists in Rome like Carla Accardi, Afro, Alberto Burri, Piero Dorazio, Luigi Boille, Gastone Novelli, Jannis Kounellis and Mario Schifano. The show is filled with discoveries. That may be why one obsessive gallery-goer on Instagram called it, “the most magnificent gallery show in New York right now.” In this podcast, the show's curator David Leiber, who is also a partner at David Zwirner Gallery, explains the origins of the show and what he hopes to it will provoke.

Who are the hottest artists at auction in 2022 whose markets are likely to continue to rise in 2023? George O'Dell talks us through the trends that emerged from looking at more than 200 artists whose overall auction prices were well above the estimates. We identified six main trends: 1) strong demand for artists who are women; 2) revivals of forgotten or undervalued artists; 3) big names gaining value; 4) naive painters; 5) surrealists and their contemporary admirers; as well as demand for 6) a wide range of quirky Asian artists and historical Asian painters. To identify these trends and the artists who drive them, we calculated the hammer ratios for all auction lots by artist. The hammer ratio is the final hammer price of all lots sold divided by the aggregate low estimate of all lots offered. If works don't sell—an increasingly rare phenomenon these days—or sell below the estimates, the hammer ratio can fall below 1.00. Conversely, if works sell above the estimate range (a hammer ratio of 1.5 or above) and the artist has enough works offered during the year, we can get a sense that demand is at a higher level than sellers anticipated. Then we removed any artist with fewer than 10 auction records, sorted by hammer ratio and looked at more than 200 artists whose work was bid above the estimates. From those 200, we could see the trends discussed here.

Laura Paulson is Principal at Gagosian Art Advisory where she has recently advised on the sale of David M. Solinger's collection which featured the much-talked about Willem de Kooning "Collage." Earlier this year, Paulson also advised on the sale of the Macklowe collection which galvanized the market and was briefly the most valuable single-owner collection ever sold. In this podcast, Paulson discusses the strategy behind the Solinger heirs decision not to take a global guarantee or third-party guarantees on any of the lots. The result was a 100% sell-through rate on the collection. From her vantage point as a former senior specialist at both Sotheby's and Christie's and in her role as advisor to collections reaching their term, Paulson has a valuable perspective on the current market as well as a considered view as to how the next few years might play out.

Lucius Elliott and Kelsey Leonard go through some of the sales trends in the November auctions with LiveArt's George O'Dell. David Hockney, new market share levels for female artists, Abstract and Color Field painters, Christina Quarles, Lauren Quin, Njideka Akunyili Crosby, Louise Nevelson, Andy Warhol and Salmon Toor are the artists and markets covered in this conversation.

Lock Kresler is a Senior Director at Helly Nahmad Gallery in London. He's deeply involved in the private market but also spent a decade working at Christie's. In this conversation with George O'Dell of LiveArt, Kresler comments on the success of Paul G. Allen Collection, the uneven nature of this season's sales and how that will influence both the public and private markets going forward.

The Day sales are where the art market does its business. These marathon marts are where dealers, art advisors and the occasional brave collector chase the works they believe in. Collecting trends, price movements and discoveries all take place in the day sales. LiveArt's George O'Dell, Arina Novak and Sophie Coco discuss a broad range of artists on offer in the Day sales from a wide array of Abstract Expressionists to recent market mainstays like Scott Kahn. Join us for a preview of what to watch for during next week's action.

In 2022, artist Lynne Drexler's work exploded on the art market. An artist who had briefly shown in the early 1960s in New York, she continued to work on a remote island in Maine until her death in 1999. Two decades later, she became the artist of the moment. Sukanya Rajaratnam and Christine Berry have collaborated on a dual-gallery show of Drexler's work from her first decade, 1959-1969, The shows at Berry Campbell and Mnuchin have drawn in new audiences and further burnished Drexler's reputation. In this podcast, Christie's Julian Ehrlich joins Berry and Rajaratnam to tell the story of Lynne Drexler's extraordinary year.

LiveArt's sales team discussed the Paul Allen collection at Christie's, Alex Katz's market in light of his retrospective at the Guggenheim Museum, and the new record prices set for Alighiero Boetti's work in Paris and the expectation of an even bigger record in New York this month.

Christie's Chairman Marc Porter talks about Paul Allen as a collector and the role philanthropy now plays in the sale of the major art collections of our time. Max Carter discusses the challenge of estimating a wide array of artists in a collection that ranges over hundreds of years. Led by works from Cézanne, Seurat, Gauguin, Klimt, van Gogh, Boticelli, Manet, Jasper Johns, Lucian Freud, David Hockney and many more artists.

LiveArt's George O'Dell and Sophie Coco discuss the mood in the market. George is just back from Paris Plus, the new Art Basel fair in Paris. He gives his impressions on the difference between the Paris and London markets. Can the two fairs survive side-by-side as they have for years or will one win out? Sophie and George also assess the Fondation Louis Vuitton Monet Mitchell show that brings together late works by both artists who lived in similar landscapes outside Paris but at different times. How does the pairing of two giants from different eras influence collectors? And what about the Joan Mitchell retrospective also on view at the same time? Finally, with so much interest in women abstract painters, in general, and such market curiosity surrounding the work of Alice Baber, in particular, Sophie talks through the decision tree collectors must consider when seeking out the next hot name.

Fresh off Sotheby's strongest Frieze-week sales ever, James Sevier discusses the state of the Contemporary art market. London was filled with eager buyers who packed the fairs and auctions. More than $257 million was spent at auction and there's no telling how much more changed hands at the various fairs and galleries in London. In this conversation, Sevier talks about the mood in the market, the effect of the cheaper pound on how consignors behave and the strong demand for artists like David Hockney, Frank Auerbach and Caroline Walker.

LiveArt's sales team of George O'Dell, Adam Rutledge, Sophie Coco and Arina Novak discuss Sotheby's Hong Kong Contemporary art sale where $81m in art was sold but the bidding was lackluster overall. Still, there were strong sales for Emily Mae Smith, Maria Berrio, Lynne Drexler, Lucy Bull and Louise Bonnet. Then the discussion shifts to what the sales team wants to see at Frieze London—especially the presentations of prominent galleries and the special presentation of AWARE (Archives of Women Artists, Research and Exhibitions.)

Isa Lorenzo founded Silverlens Galleries in Manila in 2004. She was joined three years later by co-Director Rachel Rillo. Together they built an innovative gallery program in Manila and on the global art fair circuit. After partnering with galleries around the world for several years, Lorenzo and Rillo discovered they were seeing significant traffic to their website and social media from the United States. There was also serious interest from curators about their artists. The team opened in the heart of New York's Chelsea this autumn a space where they hope to show their international stable of artists and use the gallery as a site of collaborations.

George O'Dell, Sophie Coco and Arina Novak discuss the results from New York's mid-season Fall sale opening auctions. With $69 million in art sold at an 84.5% sell-through rate, the market remains stronger than many expected though the tug-o-war between sellers and buyers is now at a draw after several seasons where sellers were in the advantaged position. In this podcast, we discuss results for artists like Amy Sillman, Danielle Orchard, Louise Bonnet, Lynne Drexler, Mary Weatherford, Rashid Johnson, Salman Toor, Scott Kahn, Jordy Kerwick Amoako Boafo, Christina Quarles, Robert Colescott and many others.

The New York Mid-Season sales are upon us and the art market is eager to see what prices will be paid for a wide range of artists. There are many new names whose secondary sales are first appearing at auction. There's also a lot of Abstract Expressionist work by women and classic names in the market looking for prices and attention. George O'Dell and Sophie Coco talk about the artists on offer, which ones to watch and what might become of their markets.

Phillips Chairman, Asia, Jonathan Crockett talks about the challenges of selling art in Hong Kong over the past few years. As the auction house moves into its new headquarters at the West Kowloon Culture District, steps away from the M+ Museum, Crockett talks about growing interest in Western artists among Asian collectors and the market for emerging talents.

LiveArt's George O'Dell and Arina Novak discuss the Independent and Armory Show art fairs in New York; strong auction performances for Lynne Mapp Drexler, Ernie Barnes at Bonhams and David Hockney at Phillips; openings for Mario Ayala at Deitch and Lucy Bull at David Kordansky; plus a conversation about Brussels as a gallery destination.

After a career at Microsoft and Artsy, Devang Thakkar has combined his interest in art and the art market (he did graduate work on art pricing) with his experience in technology to launch Christie's early stage venture fund. In the podcast, Thakkar discusses the venture fund's thesis, his experience in technology and cryptography, and his views on what needs to happen next as the art world increasingly merges with technology.

LiveArt's sales team led by George O'Dell, Sophie Coco and Arina Novak discuss the week's most important events effecting the Contemporary art market. In this episode, they discuss Burning Man and Frieze Seoul; the markets for Michael Majerus, Lynne Drexler and Alice Baber; as well as the opening exhibitions for Wolfgang Tillmans at MoMA, Rick Lowe at Gagosian and Christina Quarles at Hauser + Wirth. Get the most valuable market intelligence from LiveArt.

This is LiveArt's Hot List for the second quarter of 2022. Using our comprehensive data, we looked at the sales in April, May and June in London, New York and Hong Kong. We tried to identify the artists with high hammer ratios across multiple sales. Hammer ratio is the hammer price over low estimate. We narrowed that list to a few dozen artists, excluding, for example, the names from the Winter Hot List. Then we boiled it down further to 16 artists whose markets we think are worth paying some attention to right now. We covered 9 artists in the first episode. In this one, George O'Dell discusses the markets for Sam Gilliam, A.R. Penck, with side tangent on Georg Baselitz and other European artists, Yuichi Hirako, Susumu Kamijo, Louis Fratino, Ross Bleckner along with some other re-discovered artists from the 1980s, Danielle Orchard and finally George's take on the market conditions going into the Fall.a If you want to follow along as we discuss the sales, go to analytics.liveart.io. Type the artist's name in the nav-bar search window in the upper right hand corner. Once you're on the artist's page, scroll down to the search results. In the right-hand corner you can sort by date sold, newest to oldest. Or use the Auction Sales tab to select only the sales for 2022.

This is LiveArt's Hot List for the second quarter of 2022. Using our comprehensive data, we looked at the sales in April, May and June in London, New York and Hong Kong. We tried to identify the artists with high hammer ratios across multiple sales. Hammer ratio is the hammer price over low estimate. We narrowed that list to a few dozen artists, excluding, for example, the names from the Winter Hot List. Then we boiled it down further to 16 artists whose markets we think are worth paying some attention to right now. To give all 16 artists the time they deserve, along with some related observations from the marketplace by George O'Dell, we split the podcast into two parts. In this episode, George discusses the markets for Ernie Barnes, Anna Weyant, Robert Motherwell, Scott Kahn, Lynda Benglis, Donald Baechler, Francesco Clemente, Roby Dwi Antono, and Katherine Bernhardt. If you want to follow along as we discuss the sales, go to analytics.liveart.io. Type the artist's name in the nav-bar search window in the upper right hand corner. Once you're on the artist's page, scroll down to the search results. In the right-hand corner you can sort by date sold, newest to oldest. Or use the Auction Sales tab to select only the sales for 2022.

Erick Calderon is the founder and CEO of Artblocks, a generative art platform that produces NFTs. Generative digital art projects rely on a set of rules defining variables and parameters that control the visual characteristics of the iterative works. As Snowfro, Calderon's crypto-name, he is the creator of the Chromie Squiggles, a generative art project capped at 10,000 unique iterations. To date, Calderon has minted more than 9,000 of the Chromie Squiggles and retains the remainder. An early collector of Crypto-punks, Calderon is an influential figure in the NFT community. He and Artblocks have been one of the most successful NFT platforms. In this podcast, we discuss his recent trip to Basel, Switzerland and his views on the current state of the NFT market as well as its future prospects. I hope you find it interesting.

Magnus Resch is a serial entrepreneur. He built companies in Europe before starting his first art business in Hong Kong. Then he built the Magnus app in New York to add price transparency to the art marketplace. At the same time, Magnus has written a series of books about the business of making and selling art. The first was a study of Best practices in art dealing. The second was “How to Become a Successful Artist.” It spawned an online course. Now, Magnus has written "How To Create And Sell NFTs - A Guide For All Artists.” In this podcast, Magnus talks about his hopes for NFTs to bring price transparency, authenticity and provenance tracking to the art market. He also explains the most pressing questions artists have about success and offers some surprising insights common to both the market for traditional art and NFTs.

Frank Walter's rarely seen work is being exhibited at David Zwirner Gallery on the Upper East Side of Manhattan until July 29th. He was an agriculture expert from the island of Antigua in the Caribbean. After a multi-year sojourn in Europe, Walter returned to Antigua where he spent the rest of his life making art. Few saw these works until the 2017 Venice Biennale. There Walter was featured at the first ever pavilion for Antigua and Barbuda. Hilton Als is a writer for the New Yorker. He is also a frequent curator of art exhibitions. Als happened to be in Venice in 2017 and came upon Walter's work by chance. In this podcast, we talk about Frank Walter and his art. We also discuss Hilton Als's career as a curator. He was involved in the seminal Black Male show staged at the Whitney in 1994. Since then he has put on shows for Victoria Miro Gallery, David Zwirner and the Yale Center for British Art. Als next show is an exhibition on the life and work of Joan Didion. It will be the latest in a number of innovative shows he has created around literary figures. In these shows, he has found a new way to present ideas in gallery spaces.

TEFAF Maastricht, the mother of all art fairs encompassing 7,000 years of art history, normally runs for multiple weeks in March. This week it re-opens for a shortened run. Noted as the centerpiece of the Old Masters calendar, and with Christie's having held Old Masters sales in New York just a week or two before, I thought it would helpful to speak to William O'Reilly, who runs the New York office of Dickinson. Founded in 1993 by Simon Dickinson, the firm boasts that it privately and discreetly handles a uniquely broad range of quality artworks, from early Renaissance masters through to blue-chip Contemporary artists. It is one of the very few firms that can truly say that.   O'Reilly began his career studying Arabic in school. He worked for Christie's for 10 years rising to be International Head of Old Masters drawings. Since 2018, he has worked at Dickinson which is known for its gallery exhibitions and their curated art fair presentations at places like TEFAF. I hope you enjoy the conversation.

Nate Freeman writes a weekly art column for Vanity Fair. He made the evolution from art world reporter for ARTnews, Artsy and Artnet to writing a weekly gossip column that profiles the most interesting characters in the art world. In this podcast, we talk about how he writes his column, what he expects to see at Art Basel, the fusion of the art and fashion worlds, New York's hippest neighborhood Dimes Square, the temperature of art market based upon the May sales, the return of Larry Gagosian to the gossip columns, competition between the big four galleries, the fate of tastemaker galleries and why everyone is attracted to the worst behavior in the art market.

In her 17-year career at Sotheby's, Gabriela Palmieri presided over the most valuable Contemporary art day sale ever held. She was involved in the sale of Adam Sender's collection and worked with the estate of Allan Stone. Since establishing Palmieri Fine Art, Gabriela has worked on the Emily and Jerry Spiegel collection and the sale of Barbarlee Diamondstein-Spielvogel and Carl Spielvogel's collection. She also advised on the Brillembourg-Caprilles collection and the sale of a major collection of Pictures Generation works along with her work for many other clients.  In this podcast, we discuss the recent May sales in New York as well as her take on what collectors want in the market right now.

Andrew Fabricant became Chief Operating Officer of Gagosian Gallery a year before the global pandemic radically transformed the business of dealing art. In this podcast, Fabricant discusses the recent auctions in New York, the unexpected surge in the art market during the pandemic and what that means for the future of the art market as the global economy rebalances toward a post-pandemic world. We also delve into the opportunities and challenges involved in running an art-dealing enterprise with more than 300 employees, 19 locations and reputation as an aggressive sales organization. I hope you enjoy the conversation.

The May week of sales began with Andy Warhol's $195 million Shot Sage Blue Marilyn. That was the work everybody expected to be the most talked about lot of the week. But on the third night of sales, something extraordinary and authentic happened. A work by former professional football player and artist Ernie Barnes was offered for sale. Positioned at the auction house in a highly trafficked place, it had begun to stir interest. When the bidding began, that interest erupted into a war between an art advisor sitting in the audience bidding for a client and Houston trader Bill Perkins. In the end, Perkins paid $15 million for the lot originally estimated around $100,000. That was a lot more than he had originally intended to pay but much less than was he was determined to spend to get his prize. Bill Perkins joins us to talk about the experience.

LiveArt Market's Managing Director Rachel Hagopian discusses the approaching launch of LiveArt's exchange, The Trading Floor, where buyers and seller's will be able to match wishlist demand with supply. Hagopian also talks about the surprising entities that have benefited from the platform's anonymity and the growing interest interest in private sales.

May is the biggest auction season of the year. It opens with a huge set of sales at Christie's. In this podcast, we'll speak with Christie's Chairman, Marc Porter, about the brother and sister collectors Thomas and Doris Ammann. Johanna Flaum, head of the Contemporary department, tells us about Warhol's Marilyn, the rare large Flowers painting, and a work by Francesco Clemente. Max Carter, Head of Christie's Impressionist and Modern department, talks about an early cubist Picasso bronze being deaccessioned by the Metropolitan Museum before going into detail on the extraordinary collection of Anne Bass. Vancessa Fusco tells us about a $45 million Van Gogh landscape and two more Monets coming to market. Emily Kaplan details the Jackson Pollock drip painting Christie's has on offer. Then she tells us about the many women artists whose work is included in the evening sale, especially a major work by Howardena Pindell who has seen million-dollar sales on the private market but little in the way of large prices in public auctions. Finally, Ana Maria Celis walks us through an important Basquiat triptych, the return of a major Richter abstract that could reset that market and a work by sought-after artist Maria Berrio. Christie's sales begin on May 9th at 7pm in New York. Sales continue on May 10th, 12th, 13th and 14th.

Phillips Auction house has a reputation for creating markets for artists who don't have a track record. Over the last several years, the house has grown rapidly to become a venue for a range of works including some of the biggest lots of the season. In this podcast, we'll talk to Phillips Basquiat expert Scott Nussbaum about the massive Jean-Michel Basquiat painting Phillips will be auctioning for Yusaku Maezawa. We'll also hear from Deputy Chairman Robert Manley about a rare Calder mobile, an early Yayoi Kusama painting, a much in demand Helen Frankenthaler, and a bright red-and-yellow Rothko, as well as works by Hans Hoffmann and Carmen Herrera. It wouldn't be Phillips if we didn't also speak to Rebekah Bowling about the auction debut of Justin Caguiat, the largest work to come to market by Colombian artist Maria Berrio and another rare Amy Sherald painting. The sale takes place in New York on May 18th at 7pm.

The sale of Harry and Linda Macklowe's art collection was one of the most anticipated events of 2021. The first part of the two-part sale was held in November after a delay caused by the Covid pandemic. Sotheby's had made an aggressive play for the collection. As Brooke Lampley points out in this podcast, a new team was in place with a lot to lose from a weak sale. In the end, the sale and the season saw prices beyond anyone's expectations. On May 16, Sotheby's will sell another $200 million or more in art from the Macklowe collection. These are additional examples of work by the artists the Macklowes had bought in depth.

Julian Ehrlich is the head of Christie's Post-war to Present sale. In today's market where artists are regularly bid high above their estimates, the mid-season Post-war to Present sale is a place for breakout lots. This season that happened spectacularly with the work of Lynne Drexler. But she's hardly the only artist to shine at Christie's. In this podcast, Julian talks about putting together his first sale at Christie's and how he reads the market.

It's the end of the first quarter in the art market. That gives us a good opportunity to assess the momentum for a number of artists whose work has been selling at auction. The first quarter is traditionally less active than the Spring market. So we can focus on some artists who might not draw attention at other times during the year. With that in mind, we've put together a Hot List for the first quarter. These are artists with active markets where we see demand. You can read our list on the LiveArt app or at LiveArt.io. LiveArt's Executive Vice President George O'Dell comments on these particular artists' markets.