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20 West 55th Street, 5th Floor, New York, NY 10019

(212) 355-5710

Volume 282

June 2024


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NEW HOURS FOR JUNE:


Monday - Friday

10 am - 5:30 pm



CURRENT GALLERY EXHIBITION:

Stobart - Windmill Harbour

Seaside

Through June 30th

 

SEASIDE is a captivating showcase that explores the serene and dynamic interplay between land and sea. Featuring an array of paintings, the exhibition invites visitors to immerse themselves in the beauty of coastal landscapes, from the gentle ebb and flow of the tides to the dramatic majesty of ocean storms. Through vibrant colors and masterful brushwork, SEASIDE captures the essence of coastal life and allows viewers to reflect on their own connections to the natural world and the timeless allure of the ocean's edge.

 

The exhibition features works by Ben Bauer, Anthony Blake, Ryan Brown, Mark Daly, Gail Descoeurs, Leo Mancini-Hresko, Sergio Roffo, Ken Salaz, Brett Scheifflee and John Stobart.



UPCOMING FAIRS/SHOWS:

We are pleased to announce that during the summer of 2024 we will be participating in 3 fairs/shows:


Hamptons Fine Art Fair: July 11 – 14, Southampton Fair Ground

The Newport Show: July 26 – 28, St. George’s School

The Nantucket Show: August 9 – 12, Bartlett’s Farm


If you would like to attend any of them, please let us know as soon as possible. We receive a limited number of complimentary tickets and once they arrive, we can send them to you.



RECENT ARRIVALS - HISTORICAL:

Martha Walter - Tuck's Point

Martha Walter

(1875 - 1976)

Summer Afternoon - Tuck's Point

Oil on canvas

24 x 30 inches

Signed; also signed and titled on the reverse


AVAILABLE

The Reveal
Blanchard - The Pantheon

Antoine Blanchard

(1910 - 1988)

The Pantheon

Oil on canvas

13 x 18 inches

Framed dimensions:

19.5 x 24.75 inches

Signed


AVAILABLE

The Reveal

STOCK MARKET:

The weather isn’t the only thing heating up these days… May was another positive month for the stock market, meaning 6 of the last 7 months have closed out with gains! It’s been quite a run given some of the concerns we were talking about heading into the new year. Even though the Dow saw some wild volatility, it still finished up 2.3% for the month, thanks in particular to a stellar final trading day where the index popped more than 1.5%! That was likely spurred by the release of the latest inflation data, which showed inflation is at least not worsening. The Nasdaq turned in a solid 6.8% gain, while the S&P landed between the two, up 4.8%. All three are flirting with all-time highs. On a personal side note, I started using an investment app called Autopilot – it allows you to set an amount of money you’d like to invest, and then it mimics the trade activity of popular politicians like Nancy Pelosi and Tommy Tuberville. I only put in $3,000 yesterday, so I’ll be sure to let you know how that performs relative to the major indexes going forward – wish me luck!


Turning to currencies and commodities… both the Pound and Euro saw a moderate strengthening relative to the US dollar – the Pound climbed about 1.75%, while the Euro was closer to 2%. Crude futures hovered in the $80 range most of the month, though it ultimately settled near $77 – more than a 5% slide through May. Conversely, gold notched a new all-time high as it popped over $2,400… it gave back a bit, but still achieved a 2.5% gain on the month.


Over on the blockchain, Bitcoin pulled back up into the $70K ballpark… I’m sure some were a bit nervous when it dipped into the 50s on the first day of the month, but it notched a 15% gain! Ethereum is back to pushing the $4K threshold, as it turned in a 26% month. Litecoin only managed a meager 3.5% gain, but it’s better than a loss!


As I mentioned earlier, we continue to see things trending upward… and notably, at a time when that was not exactly expected. Perhaps things are a bit overinflated, or perhaps the economy is withstanding the stress better than expected; either way, gains are gains! 


REALLY!?:

JOHN JACOB ASTOR’S TIMEPIECE SETS TITANIC RECORD

John Jacob Astor’s pocket watch, which he was wearing when his body was found, is now the most expensive Titanic memorabilia purchased at auction.


John Jacob Astor, an American self-made millionaire, was a multifaceted individual who excelled as a businessman, inventor, and writer. He.. READ MORE

GATLING GUN SHOOTS PAST ESTIMATE

The Gatling gun, invented by Richard Gatling in the 1860s, marked a significant advancement in firearm technology due to its innovative design featuring multiple rotating barrels. It is regarded as one of the earliest practical machine guns and was actually meant to dissuade people from waging war. Richard Gatling designed the gun to fire... READ MORE

RECENT ARRIVALS - CONTEMPORARY:

Stobart - Honfleur

John Stobart (1929 - 2023)

Honfleur, The Lieutenance from the Inner Harbor

Oil on canvas

12 x 16 inches

Framed dimensions:

18.125 x 22.125 inches

Signed and dated 1992


$48,000.00


Read our recent blog post John Stobart's Artistic Legacy: Honfleur, The Lieutenance for an in-depth exploration of this painting and the WorldScape video featuring John painting in plein-air.

The Reveal
Blog Post

Stuart Dunkel

(Born 1952)

On the Take

Oil on panel

5 x 5 inches

Signed


$800.00

Stuart Dunkel

(Born 1952)

Lolly Lick

Oil on panel

7 x 5 inches

Signed


$900.00

Stuart Dunkel

(Born 1952)

Kiss Taker

Oil on panel

4 x 5 inches

Signed


$700.00

Read our recent blog post New Works: Stuart Dunkel – A Celebration of Whimsy and Mastery for more details about the artist and his available works.

Blog Post

TALES FROM THE DARK SIDE:

MONET & AUERBACH CHANGING HANDS

This week saw two confiscated paintings make the news: in the United States, a Monet pastel drawing stolen by the Nazis may be returned to its owners’ descendants. Meanwhile, Britain’s National Crime Agency will auction off an Auerbach painting taken from a money launderer.


Bord de Mer is an early pastel by Claude Monet, executed in 1865. Adalbert and Hilda... READ MORE

AI SPOTS FAKES ONLINE

A story has been making the rounds in the arts and culture sections of many respectable publications about the latest wonder pulled off by an artificial intelligence program. The Swiss company Art Recognition announced that one of its AIs identified about forty paintings available on the e-commerce site eBay that are most likely forgeries and counterfeits. While some may... READ MORE

BRITISH MUSEUM RECOVERS HALF OF THE HIGGS THEFT

In a truly remarkable feat, the British Museum, against all odds, is on its way to recovering nearly half of the artifacts that were likely stolen by former curator Peter John Higgs. This feat, achieved mere months after the theft’s discovery was announced, is a testament to the museum’s resilience and determination. They announced 626 artifacts have been recovered and... READ MORE

DAMIEN HIRST’S BACKDATING SCANDAL

Damien Hirst has always been controversial to some. While he is often hailed as one of the greatest artists to come out of Britain in the 1990s, he has always received his fair share of criticism. Some of it comes from people who do not like his art from an aesthetic point of view, particularly those associated with the Stuckist art movement. Some critics and fellow artists have dismissed... READ MORE

RECENT ARRIVALS - CONTEMPORARY:

Timothy W. Jahn

(Born 1977)

Forgotten Reflections

Oil on canvas

40 x 30 inches

Signed


$17,000.00

Read our recent blog post Rediscovering the Past: Timothy W. Jahn’s Forgotten Reflections for an in-depth exploration of this painting.

Blog Post

Hammond

(Born 1976)

Porteur du Flambeau

Acrylic on canvas

36 x 24 inches

Signed


$3,000.00

Hammond

(Born 1976)

A Day in LA

Acrylic on canvas

30 x 40 inches

Signed


$4,200.00

Read our recent blog post Celebrating Hammond’s Latest Works: Porteur du Flambeau and A Day in LA for an in-depth exploration of these paintings.

Blog Post

THE ART MARKET:

BONHAMS NEW YORK AMERICAN ART SALE

On Wednesday, May 1st, Bonhams’ New York location hosted its first American art sale of the year, featuring ninety-four paintings and sculptures primarily by twentieth-century American artists like Guy Carleton Wiggins, Theodore Earl Butler, and Reginald Marsh. The auction’s top lots, however, ended up being a 1923 oil painting by Marsden Hartley called New Mexico Recollection No. 8. Though known primarily as a New England painter... READ MORE

SOTHEBY’S NEW YORK CONTEMPORARY EVENING SALE

This month’s sales at New York’s auction houses had a decent start last night at Sotheby’s with back-to-back contemporary sales. Things started at 6:30 pm with a short sale called The Now, featuring established giants and the best new artists today, or what Sotheby’s called “the masters of today and tomorrow.” It was a rather successful prelude to the larger Contemporary Evening sale... READ MORE

SOTHEBY’S NEW YORK MODERN EVENING SALE

Klimt

On Wednesday evening, Sotheby’s New York followed up their string of contemporary sales with something a little older. The Modern Evening sale consisted of fifty lots, mostly by nineteenth- and twentieth-century European and North American masters like Pablo Picasso, Mark Rothko, and Henry Moore. However, for months Sotheby’s advertised the expected star of the sale, one of... READ MORE

BONHAMS SKINNER EUROPEAN ART

Magritte

While the Sotheby’s Old Masters sales may have drawn many people’s attention on Wednesday, some of the more exciting auction action was going on up in Massachusetts at Bonhams Skinner. On Wednesday, they hosted their European art sale, consisting of one hundred sixty lots featuring nautical and sporting scenes, genre paintings, seventeenth-century Dutch still-lifes, and views of Parisian streets. Bonhams anticipated that Les Débuts d’Un Confesseur... READ MORE

THE MAY MARQUEE SALES – AN OVERVIEW

Magritte

The May Marquee Sales, a significant series of auctions that spotlighted the New York art market earlier this month, have concluded. This event marked a crucial period in the art market, spanning a whole week and featuring eleven sales between the two major auction houses (w/p = with buyer’s premium)... READ MORE

GIFT SHOP: NEW ITEMS:

Dunkel - Raspberry print


We have added several new images and items to our Gift Shop. In addition, our Memorial Day Sale runs through June 3rd. Use the one of the links to access the site, or add the code MEMORIALDAY15 at checkout.






Have Fun Shopping!



DEEPER THOUGHTS:

THE NEW OLD FRAME

London’s National Gallery has recently stirred up a storm in the art world by replacing the frame for one of its main attractions, Jan van Eyck’s Arnolfini Wedding. This seemingly innocuous act has unexpectedly sparked a heated debate, leaving part of the art community divided.


The National Gallery recently announced that they changed the frame for the Northern.. READ MORE

FORMERLY FORGOTTEN CARAVAGGIO AT THE PRADO

How did a seemingly second-rate Old Master painting end up being declared a lost masterpiece set to go on display at the Prado Museum in Madrid?


In April 2021, a sale at Ansorena, a Madrid auction house, featured a seventeenth-century painting of Christ wearing the crown of thorns. This scene is often.... READ MORE

MOTHERS IN THE ARTS

Until 1974, an American bank could refuse to issue a credit card to a woman in her own name. And if they approved her, many required a man to cosign for it. Some major universities did not accept female undergraduate students until well into the 1970s, with Columbia holding out until 1981. And until 1978, it was perfectly legal in the United States to fire a woman from her job because she got pregnant. For some reason, motherhood is... READ MORE

THE KING’S NEW PORTRAIT HAS SOME DIVIDED

Klimt

King Charles III has one of the most recognizable faces in the world, meaning his image and presentation is of paramount importance. This week, Buckingham Palace revealed His Majesty’s first official painted portrait as king, made by the British artist Jonathan Yeo. And it has some people raising their eyebrows in... READ MORE

HOCKNEY CATALOGUE RAISONNÉ BY 2026

Klimt

Compiling a catalogue raisonné while the artist in question is still alive is a relatively recent phenomenon in academic art history. Scholars often published their catalogues for well-known historical artists decades or centuries after their deaths. Rehs Galleries began research for the catalogue raisonnés on Julien Dupré, and Daniel Ridgway Knight in 1991 and Emile... READ MORE

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