|
20 West 55th Street, 5th Floor, New York, NY 10019
(212) 355-5710
| |
|
Monday - Friday
10 am - 5:30 pm
| |
|
The Nantucket Show
Our final show for the summer of 2024 takes place at Bartlett’s Farm on the island of Nantucket and runs from August 9 -12. Both Rehs Galleries and Rehs Contemporary will be participating. If you would like to attend, we do have some complimentary General Admission tickets.
To receive complimentary tickets, please use the button below to send us an email. Make sure you include the number of tickets you would like.
| |
RECENT ARRIVALS - HISTORICAL: | |
|
So much for that summer heat. Historically, July has seen some solid returns, but that was not quite the case this time around… in fact, the S&P had its worst July in a decade! Granted, it still turned in a 1.1% gain on the month, but the median return for July throughout the last ten years was closer to 3%. Frankly, I’m not sure that means too much – it’s not like history accurately predicts what’s to come… then again, we often characterize August as a month with muted gains and September as a loser. Anyway, the Dow turned in a solid return of 4.4% on the month, while the NASDAQ actually dipped 0.8%. The trend being noticed is investors are shifting away from Big Tech stocks into value stocks and small-caps… a trend being termed “The Great Rotation.” With the understanding that some investors felt they missed the AI boom, they looked to other undervalued opportunities relative to the market. Over the past month, value and small-cap stocks have outperformed large-cap and growth equities by some of the widest margins in years. For example, the Russell 2000 index, which we usually do not discuss but tracks the US small-cap sector, was up more than 10% in July… easily pacing the major indexes. All of this did not spell good news for my new automated stock trading that follows Nancy Pelosi and Tommy Tuberville’s stock trading… I’m now down over 10%. What the heck, Nancy!! I thought you had all the inside info?!? Oh well.
Turning to currencies and commodities, the British Pound and Euro gained value relative to the US Dollar… up 1.6% and 1%, respectively. The other way of framing that is the US Dollar fell on weak economic data, particularly data that showed US manufacturing contracted while employment fell, raising alarms over a potential US recession – I thought we were past the whole recession concern, but I guess there’s always a chance. With that in mind, gold notched a 4.2% gain as investors seek to shield themselves from inflation and recession concerns… it now sits at an all-time high in the $2,500 ballpark. Crude futures fluctuated in the high 70s – low 80s… it ultimately settled around $78 at the end of July, which was a 4.6% slide through the month.
It was a mixed month in the crypto arena… Bitcoin was the odd man out as it notched a small gain of 4.2%. Ethereum slid 6.7%, while Litecoin gave up 6.4%... these kinds of numbers feel rather insignificant when we’re talking about assets as volatile as cryptocurrency.
As I alluded to earlier, August is historically an even month as the markets prepare for the “September Effect,” the bizarre occurrence of regular losses in Septembers… hopefully, with July bucking the trend of strong gains, the next few months will be different than the norm. That is unlikely but wishful thinking… hold on tight; things may get weird.
| |
 |  | From a young age, Alik was enchanted by the world of art, a passion he attributes to his father, a talented product designer known for his remarkable sketching skills. This early fascination led him to explore a wide range of mediums, including sketching, painting, and even creating replica pieces of his favorite video game characters. His adventurous spirit extended to making his own tattoo guns and testing them on himself, demonstrating his relentless pursuit of artistic expression. After a stint in college football, he discovered the captivating world of glass in 2016. Drawn to the rich heritage of Borosilicate glass and inspired by the innovative pipe makers community, he overcame the "taboo" associated with cannabis and collegiate athletics to pursue his passion. Over the next five years, he evolved from designing functional pipes to focusing on non-functional sculpture work, which he terms "Effusions." These freestyle sculptures reflect his emotions through aggressive angles and vibrant styles. His work is a testament to his belief that art is not just a form of expression but a way of life.
| |
|
Alik Bures
(b. 1996)
Rapture
Borosilicate glass mounted on wood
6 x 15.5 inches
$10,800.00
| |
|
In the early morning hours of June 18th, police in Sag Harbor, New York, pulled over and arrested pop star Justin Timberlake for driving while intoxicated. He had refused to take a breathalyzer and failed the field sobriety test. Shortly after, Sag Harbor police released his mugshot, showing Timberlake’s... READ MORE
| |
|
Children’s book author and illustrator Thomas Taylor, at the age of 23, created the original cover art for J.K. Rowling’s Harry Potter and the Philosopher’s Stone, as noted by Sotheby’s catalogue description. This iconic illustration for the first edition of the 1997... READ MORE
| |
|
Napoleon Bonaparte, one of history’s most renowned military leaders, rose to prominence during the French Revolution and became Emperor of France. His ambitious campaigns and strategic prowess expanded the French Empire across much of Europe. However, his... READ MORE
| |
|
The atmosphere at Aste di Antiquariato Boetto in Genoa was electric when a 12-inch (30 cm) blue-and-white Chinese vase, initially valued at €2,000-2,300, was sold for more than 400 times the low estimate. The unexpected sale of this rare Yuan dynasty fish jar or guan.... READ MORE
| |
RECENT ARRIVALS - CONTEMPORARY: | |
TALES FROM THE DARK SIDE: | |
|
The Museum Barberini is one of the newer museums in the Berlin area. It opened in 2017 in Potsdam, immediately southwest of Berlin, to display the collection of Hasso Plattner, co-founder of the German software company SAP SE and one of the wealthiest individuals in the country. The permanent collection... READ MORE
| |
|
The Erarta Museum in St. Petersburg, a significant repository of Russia’s modern and contemporary art, is now at the center of a controversy. This esteemed institution, housing several thousand pieces from the 1950s to the present, is being accused of displaying... READ MORE
| |
|
The 1MDB scandal is one of the largest instances of corruption in history, and its fallout has been in the news for almost a decade. Now, the United States Department of Justice has confiscated a Picasso drawing used to conceal stolen money... READ MORE
| |
RECENT ARRIVALS - CONTEMPORARY: | |
|
This week, many of the main London auction houses will be hosting a variety of sales focusing on the art of the old Masters. Christie’s kicked everything off on Tuesday, July 2nd, with a duo of auctions. The morning sale focusing on prints did fairly well, but it was the later evening sale that drew everyone’s... READ MORE
| |
|
On Wednesday, July 17th, Sotheby’s New York hosted an online sale called Modern Discoveries. While online sales are common at major auction houses, it is easy to dismiss them as places where many lower-value pieces get sold. Some see them as an opportunity to sell items that cannot fit into the more prominent.... READ MORE
| | |
|
|
In celebration of Amy's birthday, we are continuing our 20% discount on all purchases in our gift shop. Please note that over 100 new items have been added to our online store.
This is your opportunity to acquire one of our Stuffed Animals, T-shirts, Baseball Caps, Prints, Mugs, Journals, etc., at a greatly reduced price.
Click on the link below or use the code AMY2024 when checking out.
Have Fun Shopping!
| | |
RECENT ARRIVALS - CONTEMPORARY: | |
|
Tony South
(Born 1964)
Highballed
Acrylic and oil on canvas
5.875 x 11.75 inches
Signed and dated '24
$2,700.00
| |
|
Tony South
(Born 1964)
Highly Strung
Acrylic and oil on canvas
5.87 x 11.75 inches
Signed
$2,700.00
| |
|
The Musée des Beaux-Arts in Valenciennes, with its rich history and diverse collection, stands as a testament to the cultural evolution of northern France. In addition to housing one of the country’s most important collections of Flemish paintings, it also contains a wide variety of art across many genres and media... READ MORE
| |
|
In the late morning of Thursday, July 11th, a fire broke out in Rouen Cathedral in northern France.
The cathedral is one of the most famous in the country. Though first consecrated in the eleventh century, in the presence of the Duke of Normandy William the Conqueror, the structure was built... READ MORE
| |
|
In my series on the origins of modern art, I’ve looked at the predecessors that influenced the birth of Impressionism. The topics I’ve covered include the desire for greater artistic independence as exhibited by Gustave Courbet, the ways Jean-Auguste-Dominique Ingres experimented with abstraction, and how... READ MORE
| |
|
Starting last week, some of Rome’s public squares will feature the work of the late, great Colombian painter and sculptor Fernando Botero.
The Botero a Roma exhibition features eight large sculptures on display in the public spaces of Rome’s historic center. The Fernando Botero Foundation... READ MORE
| |
|
Dutch scientists have made a fascinating discovery through meticulous tests on Rembrandt’s masterpiece The Night Watch. They have concluded that the artist likely had access to materials previously thought unavailable in seventeenth-century Amsterdam, a revelation that challenges our understanding of... READ MORE
| |
|
When we say a piece of art is lost, it doesn’t mean it’s intentionally hidden, buried somewhere for treasure hunters to find later. It just means we don’t know where it is right now. Often, lost pieces of art are not hidden but on full display. Sometimes, it just takes the right person to determine what it is. In the case of a lost royal portrait, it took someone online to do just that... READ MORE
| |
|
Should the Mona Lisa be relocated to Italy? This question was raised after a prominent archaeologist answered in the affirmative.
Zahi Hawass is arguably the most famous archaeologist in the world. As an Egyptologist, he has taught at both Egyptian and American... READ MORE
| |
EVEN MORE NEW ARRIVALS - CONTEMPORARY: | |
Below are several of our older blog posts that received a lot of attention | |
|
Once again, a work of art has been destroyed while captured on “film”. The video below, documenting the incident, has my blood boiling. First, being an adult chaperone to two small children, you should know better than to let them climb under museum ropes that are there to protect the artwork. Once that happened... READ MORE
| |
|
After I wrote my initial article on water and humidity (many years ago), one of our readers followed up with the following question:
If I see a painting and there are cracks in the paint, can I then assume that the reason for this is that there has been some damage from moisture?... READ MORE
| |
|
Choosing A Gallery – this is the most daunting task for any artist new to the market and is crucial to success. To begin with, you should visit as many art fairs as possible and make good use of the Internet. You want to find galleries that would be a good fit for you and your work. If you are a representational artist... READ MORE
| |
|
An artist asked the gallery owner if there had been any interest in his paintings on display at that time. “I have good news and bad news,” the owner replied. “The good news is that a gentleman inquired about... READ MORE
| |
Rehs Contemporary Galleries, Inc. | |  |
| | | |
