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– THE BIG STORY –
Rembrandt’s “rabbi” is real! (But maybe not a rabbi.) A portrait of an old, bearded, holy Jew that has been owned by the dukes of Bedford for generations has been attributed to the Dutch master (who was fond of painting rabbis). The judgment on the work, which has hung in the library of Woburn Abbey for over half a century, has been handed down by none other than Rembrandt Research Project chairman Ernst van de Wetering, who believes the painting might go along with a portrait the artist made of his wife and muse, Saskia, with the two meant to represent the biblical Ruth and her older husband, Boaz. The verdict has left the current duke “absolutely cock-a-hoop,” according to the collection’s curator.
– QUOTE OF THE DAY –
“I need more beer. I think it gets easier the more you drink.” – Aspiring painter David Iga on the liquid inspiration doled out at the BYOB art classes held by Williamsburg’s Painting Lounge
– MUST READ –
Gwyneth Paltrow to Play Dora Maar – The versatile actress will portray Picasso‘s most famous lover (who looked like this) in the movie 33 Dias, in which Antonio Banderas will play the Spanish master as he struggles to paint Guernica. (Telegraph, via Artinfo)
Damien Hirst Art to Be in the Queen‘s Jubilee Show – The death-obsessed YBA titan will have an artwork in the survey of British art—also featuring Lucian Freud, David Hockney, and Francis Bacon—that she will deign to peer at during her fancy tour of her kingdom’s bounty. (UKPA)
Knoedler Hit With Second Lawsuit – The Upper East Side gallery that closed late last year amid accusations of selling fake Ab-Ex paintings has now been slapped with another suit, this time alleging that former gallery president Ann Freedman sold a South Carolina collector a fake Rothko for $8.3 million; the lawsuit it demanding $25 million. (NYT)
Christo‘s Colorado Project Gets a Boost – The controversial Over the River land artwork, which the artist had to postpone until 2015 due to public opposition, has gotten its permit approved by Fremont County. (HuffPo)
All About Max Snow – A profile of the young photographer doesn’t mention much other than the fact that he’s the late Dash Snow‘s brother (kept till the second page), has a rolodex of attractive women (including his fiance), hangs out with fancy people, and doesn’t like his family, the legendary art patrons the Menils. (NYT)
Another Art Museum for Denver – Only months after the Clyfford Still Museum opened in the Mile High City, the Anschutz Collection (also known as the American Museum of Western Art) will debut downtown with 400 pieces of classic U.S. art. (Denver Post)
– ART MARKET –
Sotheby’s Gets Tough With Deadbeat Chinese Buyers – The auction house has started demanding deposits on big sales, suing buyers who don’t pony up, and re-auctioning unpaid-for artworks after people who bid on 19 artworks worth a total of $22 million didn’t follow through on their purchases. (Bloomberg)
More on Gagosian‘s Lichtensteingate – Felix Salmon digs a bit deeper into the lawsuit against the blue-chip dealer alleging that he swindled a desperate art seller and furthermore snookered the collector’s aged mother out of the Pop painting in question. (Reuters)
Ten Art Market Tips – Abigail Esman has some advice about how to invest in the art wisely, and as is the case with most good counsel, its astonishingly obvious, (Forbes) http://www.forbes.com/sites/abigailesman/2012/03/26/ten-expert-tips-for-investing-in-the-art-market/
Sotheby’s CEO Made $7 Mil Last Year – William Ruprecht’s executive compensation increased 18 percent from 2010, reflecting the auction house’s second-most-profitable year in history. (Bloomberg)
Gunning for Prestige, Not Sales – Judd Tully (aka “The Master”) probes why so many blue-chip London art galleries are doing shows with museum-quality works that aren’t for sale, a phenomenon one art advisor explains as “a way of saying, ‘We’re so successful, we don’t need to sell anything.’ ” (Artinfo)
– IN & OUT –
Christie’s has appointed Jinquing Caroline Cai as managing director of its China operations—a new role that will go into effect on June 1—recruiting her from the Brunswick Group pr company. (Auction Central News)
A new dance series at MoMA organized by artist Ralph Lemon and MoMA PS1 curator Jenny Schlenzka will feature multiple performers and explore dance’s relationship to “aesthetics, gender, race, and history as well the potential of the museum space.” (NYT)
The Philadelphia Museum of Art will celebrate the conceptual composer John Cage‘s centenary this year with Dancing Around the Bride: John Cage, Merce Cunningham, Jasper Johns, Robert Rauschenberg, and Marcel Duchamp, an incredible-sounding exhibition opening in October and featuring everything from paintings to stage sets. (Philadelphia Inquirer)
