Happy Holidays from Roth Fine Art Appraisals
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It's hard to believe it's already December 2021. As the year comes to a close and you're making some new year's resolutions, consider reviewing some of the following:
- Is your trust and estate plan up to date?
- Are the values of your personal property including fine art, antiques and collectibles up to date?
- Does your insurance policy cover current market values of the valuables in your home
- Have you had conversations with your beneficiaries about who gets what and what they're worth?
- Are the valuables in your home documented and photographed in the event of a loss - i.e. FIRE!
These items are easily set aside and the new year is a great time to start fresh and get organized. Stay ahead of a problem before the problem takes over!
From all of us here at Roth Fine Art Appraisals, we want to thank you for your continued support. We wish you a happy, healthy and lucky 2022.
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The art world was filled with excitement this year. Although the art market witnessed a major drop in early 2020 during lockdown, 2021 has witnessed a nice recovery. Demand-driven markets have supplanted supply-driven markets to propel the art market to record sales this year; this growth trend shows no signs of slowing down going into 2022. Keep reading for more highlights from museums, auctions, and galleries that we tracked this year.
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In a surprise start to the year, NFTs made their shocking art market debut with record high sales. In the first half of 2021 alone, NFTs generated $2.5 billion in transactions.
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Museums are back, with many braving the pandemic shutdowns better than expected. Now they look forward to the future, addressing gaps in their collections by promoting and acquiring works from previously underrepresented groups including women and artists of color.
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Galleries are seeing collectors vying for contemporary art in higher demand than anticipated. Fueled by younger collectors that are not beholden to collecting just one category, sales for ultra-contemporary works have shown the highest demand with other genres also performing well. More galleries and art fairs are taking advantage of digital platforms to reach a global audience with online viewing rooms.
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Installation view, Christopher Myers, “I Dare Not Appear,” October 7–23, 2021. James Cohan, No. 9 Cork Street, London.
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Image courtesy Sotheby's.
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Auction sales have reached pre-pandemic levels. Sotheby's set an all-time record, selling $7.3 billion in art in 2021. Auction houses have pivoted to new sale formats and hybrid categories, attracting wider audiences. They brought physical auctions to meet their clients in more remote locations. And, they have jumped on the fast growing desire for NFTs, accepting cryptocurrencies. Ultra-contemporary art has rebounded better than other genres. Like galleries, auction houses are also selling more works in online-only auctions.
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Nor and So Cal Exhibitions to Attend this Winter
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Getty Villa in Malibu is host to an exciting exhibition, "Rubens: Picturing Antiquities." Filled with Classically-influenced paintings from the artist, a visit to this scenic gem is a must over the holidays. The show runs until January 24, 2022
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MoCA in Los Angeles brings Swiss media artist Pipilotti Rist to the West Coast for the first time. Surveying more than thirty years of the artist’s work from videos to large scale installations and everything in between, the sweeping exhibition runs through June 6, 2022.
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Installation view of Pipilotti Rist: Big Heartedness, Be My Neighbor, September 12, 2021–June 6, 2022 at The Geffen Contemporary at MOCA. Courtesy of The Museum of Contemporary Art. Photo by Zak Kelley
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Palm Springs Museum of Art is honoring the works of celebrated abstract artist Helen Frankenthaler with "Helen Frankenthaler: Late Works, 1990-2003." The thirty works in the exhibition showcase the artist’s imitable technique and is sure to please viewers of all ages. Catch the exhibition on now through February 27, 2022.
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Helen Frankenthaler, Cloud Burst, 2002. Helen Frankenthaler Foundation, New York. © Helen Frankenthaler Foundation, Inc. / Artists Rights Society (ARS), New York.
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Walt Disney Family Museum is commemorating the 75th anniversary of the end of WWII by highlighting the studio's work for the Allied war effort. The special exhibition is on display through January 9, 2022
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(c) Walt Disney Family Museum
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The de Young Museum celebrates the life and legacy of fashion designer Patrick Kelly whose exuberant and provoking designs pushed racial and aesthetic boundaries. "Patrick Kelly: Runway of Love" runs through April 24, 2022.
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Patrick Kelly. "Woman’s Ensemble: Coat and Dress," Fall/Winter 1986; "Woman’s Dress," Fall/Winter 1986; "Woman’s Dress," Fall/Winter 1988. Philadelphia Museum of Art: Gift of Bjorn Guil Amelan and Bill T. Jones in honor of Monica Brown. Image courtesy of the Philadelphia Museum of Art
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The Legion of Honor is hosting an exhibition of pastels from the Renaissance to the present. One of the trickiest mediums to master, pastel has delighted and inspired generations of artists and viewers. "Color into Line" celebrates the versatile pastel and the artists that employ it. Running through February 13, 2022.
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Odilon Redon (French, 1840–1916), Orpheus, ca. 1905. Signed in red ‘ODILON REDON’ and in graphite ‘ODILON R.’ (lower right). Pastel on gray laid paper, laid down on canvas, 23 7/16 x 18 7/16 in. (59.5 x 46.8 cm). Fine Arts Museums of San Francisco, Bequest of Frederick J. Hellman, 1965.29
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LACMA is hosting the visiting Obama portraits by artists Kehinde Wiley and Amy Sherald. These magnetic portraits will be on view until January 2, 2022. Be sure to check out the companion exhibition, "Black American Portraits," on view now until April 17, 2022.
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MoAD in San Francisco is showing "Amoako Boafo: Soul of Black Folks," and "Billie Zangewa, Thread for a Web Begun." This is the premier solo exhibition for Ghanaian artist Amoako Boafo, whose works delve into the essence of Black subjects, while Johannesburg-based Zangewa's autobiographical tapestries point to implications of "women's work" in her first solo U.S. museum exhibit. On view through February 27, 2022.
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Roth Fine Art Appraisals | 925-299-6850 | P.O. Box 545 Lafayette, CA 94549 | Website
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