Art Market Report: Spring 2019

Page 24

Continued from page 1

and appreciation of this heretofore largely ignored

As times change, we endeavor to evolve with the

sector of the market as we move forward.

needs of the times. This vigilance and forward planning has served us well over the past forty years, and

2. Women Artists—Issues of gender equality, which

we intend to stay the course using the same tools.

gave birth to the “#metoo” movement, have also raised awareness of, and new appreciation of, women artists,

Trends in the Art Market

both past and present. Towering figures such as Joan

Quite often, the art of any generation reflects the

Mitchell, Lee Krasner, Helen Frankenthaler, Agnes

times in which we live, and the social changes that

Martin, and others, have enjoyed strong demand among

prevail. There are two key areas in today’s art market

collectors and museums for years. Record prices among

which have emerged as reflections of an evolving

these artists are established annually. However, many

social awareness.

lesser known, second-tier women artists, heretofore largely ignored, are now booming. Grace Hartigan,

IDELLE WEBER (b. 1932)

1. African American Art— Race in America is a topic of

Michael (Corrine) West, Elaine de Kooning, Judith

great concern currently. A by-product of increasing

Godwin, and many others are finding new collector and

sensitivity about race is a re-assessment of largely

museum interest, and rapid price escalation.

forgotten but deserving artists of color. Historical

We envision this trend to continue and accelerate in

figures such as Romare Bearden, Jacob Lawrence,

the foreseeable future, and we expect new names to

Charles White, Henry Ossawa Tanner, Jean-Michel

emerge in the contemporary field. We plan to bring

14 ¼ x 14 inches

Basquiat, and others, have always been in demand,

several unknown women artists to your attention in the

Signed and dated lower right:

but now have reached the highest levels ever. Lesser-

coming months. Be on the lookout for some great,

“© I WEBER – 94”

known but deserving artists are gaining enormous

fresh opportunities very soon!

Swan, 1994 Watercolor on Twinrocker handmade paper

Hollis Taggart announces

attention. For example, Sam Gilliam, a member of the

representation of Idelle Weber

Washington, D.C . Colorfield group (Morris Louis,

Summary

Ke nn e th N o l a n d , G e n e D av is ,

We remain optimistic about the future of the art busi-

others) was relegated to a minor

ness as long as one can remain flexible, attentive, and

status over many decades, but is

consistent in the gallery mission. Every business sector

now rocketing in price as he has

undergoes change and challenge. It can be exhilarating

become “re-discovered.” Likewise,

to adjust with new strategies to meet the challenges,

several contemporary artists are

or it can be stressful, or a little bit of both. So far, after

enjoying newfound popularity and

forty years, we see ample opportunity ahead, and quite

booming markets, Mark Bradford,

possibly, the best is yet to come.

T h e a s te r G ate s , G l e nn L ig o n ,

We have an exciting series of art fairs this spring,

Kerr y James Marshall, Kehinde

including the Armory Show in March, Dallas Art Fair in

Wiley, and others.

April, and Frieze in May; each with a focus and a theme.

We anticipate continued re-

We also have many exciting exhibitions scheduled

evaluation of African American

through 2019 and into 2020. We look forward to seeing

art, both historical and contem-

you all. Support the galleries, and take advantage of

porar y, and a new accept ance

what they can offer. Wishing everyone a terrific spring.

UPCOMING ART FAIRS The Armory Show March 7–10, 2019 Booth 206

Dallas Art Fair April 11–14, 2019 Booth F11

Frieze New York Spotlight | Knox Martin May 2–5, 2019 Booth S3

HOLLI S TAG GART 521 W 26th Street  1st Floor   507 W 27th Street   NY, NY 10001   212 628 4000   hollistaggart.com


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