untangling the awkward relationship between art and money

Armory no defence for flagging art market.

In years gone by, the New York Armory (sic. I know, I know. It’s American. It kills me when I have to leave the ‘u’ out) Show has been the focus of feverish and often irrational activity on the part of collectors clamouring to scoop up works of art by the bestest, brightest, hottest, newest contemporary art überstars.

Allow me to teleport you back to the golden years – a fascinating article published in the New York Magazine by Marc Spiegler in 2006 captures the hype and herd behaviour that characterised the Armory Show back when collectors had seemingly limitless grab-bags of discretionary cash to fling around.

But now? Not so much. The 2009 Armory Show industry’s response to the bear market: what appears to be a shameless grab for publicity. Topless women, $5 ‘limited edition’ T-shirts, a life-size sculpture purportedly modelled entirely out of compacted cocaine, and paintings by Marilyn Manson and Lucy Liu. Oh… and taxidermy art by Carolyn Salas and Adam Parker Smith.

Seems the contemporary art market is well and truly stuffed.

Image: http://www.knightstaxidermy.com/

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Basic HTML is allowed. Your email address will not be published.

Subscribe to this comment feed via RSS

%d bloggers like this: