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What's it like to spend millions of dollars at a contemporary art auction? Is there a danger zone where young artists' prices blow up too quickly? Is it still possible to buy low and sell high? And just what is an auction guarantee anyway? Step behind closed doors into the hidden world of auctions with veteran art advisor Josh Baer and our friends, Dallas-based collector Howard Rachofsky and Gagosian Gallery Associate Director Sophia Cohen, as we discuss the auction topics you won't hear about anywhere else. Join us as Howard tells the stories behind his biggest sales and his biggest acquisitions: the guarantee deal on his $25 million Jeff Koons Balloon Flower; and the bidding war over a Lucio Fontana masterpiece that's now one of the central works in his collection. Afterwards, we sit down with Sophia Cohen, who shares her unique perspective as an artist liaison and young collector on the love-hate relationship between auction records and the market for works coming straight from the artist's studio. And as the May auction season approaches in New York, remember: Don't transact without The Baer Faxt, the only report on who bought what in the auction saleroom.
Benjamin is in Dallas while Nate is in New York though soon heading to join Mr. Godsill in the Lone Star State. Join them as they briefly discuss the scuttlebutt from this week in the world of art before moving on to what to expect this weekend in Dallas where both will attend the 2022 edition of the TWOxTWO for AIDs and Art Benefit Gala and Auction at the Rachofsky House Saturday night. Benjamin then has the privilege and the pleasure to sit down with legendary collector Howard Rachofsky, one half of the dynamic duo that has hosted this event for over twenty years. We discuss the genesis of this groundbreaking dual benefit that has raised north of 100 million dollars since its inception and what sets Dallas apart as a hub for collectors and philanthropy. We then go into detail on the amazing auction that will take place this year. and how you, dear listener, can take part by bidding on some of the most in demand artists in the game. View all the lots we talk about, and so many more as well as details on how to bid HERE. You won't want to miss this amazing conversation with an absolute ICON. All this and MORE on the ONLY ART PODCAST --- Support this podcast: https://anchor.fm/benjamin-godsill/support
In the twelfth episode of Collect Wisely we are speaking with Howard Rachofsky from Dallas. A life-long Texan, Howard along with his wife Cindy, has played a profound role in catapulting Dallas into a leading center for the collection and presentation of international contemporary art. The Rachofsky Collection has great depth in Post-War art, with particular strength in American and European Minimalism, Italian Arte Povera and Japanese Gutai, of which they’ve assembled the most extensive collection in the United States. Through their various philanthropic endeavors, the Rachofsky’s have transformed the arts in Dallas. In addition to serving on the Boards of many cultural institutions, Cindy and Howard have pledged their collections in entirety to the Dallas Museum of Art.
Contemporary art collector Howard Rachofsky describes a piece by German artist Isa Genzken.
Contemporary art collector Howard Rachofsky on object making in the 21st century.
Contemporary art collector Howard Rachofsky describes the primitive imagery attracting him to a work by British artist Roger Hiorns.
Contemporary art collector Howard Rachofsky describes a sculpture by Sterling Ruby.