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Art News

The Business of Art
Gloria Gales
Art News
June 25, 2010

Sawdust Art Festival!


A beautiful three acre piece of land in the Laguna Canyon is the site of the Sawdust Art Festival. The picturesque landscape adds to the character of the festival complete with over two-hundred exhibits by local artists. Exhibitors include painters, sculptors, potters, photographers, glass-blowers, jewelry and clothing designers. Live demonstrations are performed by artists daily. Many of the works of art are available for purchase.

The Sawdust has been a favorite Laguna Beach summer event for over forty years. There are children's art booths, restaurants, and live music. The festival will continue for nine weeks.

The Sawdust Art Festival is located at 935 Laguna Canyon Road, Laguna Beach, CA. 92651

Festival Hours: 10:00 A.M. to 10:00 P.M. daily

Admission Prices: $7.75 adults, $6.25 seniors, $3.25 children ages 6 to 12, children 5 and under are admitted free. A season pass is $20.00.

Laguna Beach residents are admitted for free with ID every Thursday evening after 5:00 P.M. and the first Friday of each month all day.

Website: http://www.sawdustartfestival.org

The Business of Art
Gloria Gales
Art News
May 12, 2010

She's a Grand Old Flag, She's a High Flying Flag!



Jasper Johns is Christie's golden boy. The beautiful $28.6 million dollar moment happened just recently. Mr. Johns will be 80 years old in 2 days. This is a record high for a Jasper Johns at auction.

The Business of Art
Gloria Gales
Art News
December 31, 2009

And the Winner Is: Raphael

2009 was not the best year for the art business as contemporary art prices dropped by fifty percent and sales fell seventy-five percent. New galleries as well as long established galleries closed their doors, but it isn't all bad news, many artists and art dealers are now enjoying the delights of working from their home studios, thank God for the internet!

As the year comes to a close we can all hope and pray for a more prosperous year ahead. My Christmas wish for all of the artists this year is that they find their muse and enjoy the gift of creating art.

It is fitting that the highest paid auction price for a work of art in 2009 was Raphael's Head of a Muse, a lovely chalk drawing of a soulful looking young woman. Raphael created the drawing as a study for a Vatican fresco.



The drawing fetched $47.5 million dollars at the Old Masters and 19th Century Art auction at Christie's in London on December 8th. More interesting is that the pre-sale estimate was fifty percent less than the selling price. The sale set a record for a work on paper, and we in the art business all know the reluctance of art collectors to pay high prices for works on paper. We do not know who the new owner of the Muse is, it was purchased anonymously via telephone. As always I can't help but wonder where the beautiful Raphael has landed. Is it displayed and enjoyed whist listening to Mozart and drinking fine wine, or is it tucked away in a vault waiting for the next auction?

Raphael (Raffaello Santi) Self Portrait

Raphael was born in Urbino, Italy in 1483, he died in Rome in 1520.

 

The Business of Art
Gloria Gales
Art News
December 5, 2009

Secret Art Collection Found

Imagine finding a cache of original works of art by Paul Cezanne, Edgar Degas, Amedeo Modigliani, Claude Monet, Pablo Picasso, and Vincent Van Gogh. Well that’s what happened today in Italy when Italian tax officials were snooping in the attic and basement of Signor Calisto Tanzi.
Art News 12-05-09

The collection is valued at approximately one hundred and fifty million dollars. Signor Tanzi’s phone was tapped allowing authorities to listen to conversations regarding selling the art to a wealthy art lover from Russia.

Who is Signor Calisto Tanzi? He is the founder of Parmalat, a large food company in Italy. The company collapsed in 2003, it remains one of Europe’s largest corporate failures.

Where does an art collection like that go? Most likely it will it be auctioned off by the government to pay off some of Parmalat’s debt. It would be wonderful to let the paintings see the light of day and to let the public view the magnificent collection for a while.