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Christophe Spaenjers

Set of financial methods, instruments, and business models that are used in the Art market. Important developments since the 1960s include the spreading availability and use of art price information and price indexes (see Art index), the emergence of loans collateralized by artworks, repeated efforts to create art investment structures, and a strong growth in art market advisory services provided by wealth managers and new entrepreneurs (see also Investment).

The first major development has been the spread of art price information and art price indexes over the last half-century. After a few difficult decades, art price levels and public interest in the art market were going up again in the 1950s and 1960s. A number of books on the history of the art market and on art investment that were published around that time—Le Vie Etrange des Objets (1959) by Maurice Rheims, Art as an Investment...

Article

Mexican, 20th – 21st century, male.

Born 1952, in Vigo, Spain.

Painter. Portraits.

Rafael Cidoncha is known mainly for his portraits, notably those of the art collector Mrs Natasha Gelman (1996) in which he reproduces Frida Kahlo's 1943 Self-portrait with Monkeys. He has also received official commissions including a portrait of King Juan Carlos of Spain, commissioned by the city of Seville. Cidoncha has shown his work in exhibitions in Madrid, New York, Brussels and Frankfurt. In ...

Article

American contemporary art museum in Miami, FL. The de la Cruz Collection Contemporary Art Space was built and funded by Rosa and Carlos de la Cruz to house their collection of art. Born in Cuba, Rosa and Carlos moved to the USA in 1960. Carlos subsequently graduated from the University of Pennsylvania’s Wharton School, and by 1975 they had moved to Miami. The couple began to collect art for their home; initially focusing on Latin American artists, they broadened their scope to include all contemporary art. Eventually they amassed a collection of over 700 pieces that form an important collection of global contemporary art.

The de la Cruzes regularly opened their Key Biscayne home to the public, and in 2009 they opened the de la Cruz Collection Contemporary Art Space—a three-storey, 30,000 sq. ft multi-purpose facility in Miami’s Design District, designed by the architect John Marquette. While this public art space houses approximately one-third of the de la Cruz collection, annual exhibitions continue to be held at the couple’s home and at other satellite locations open to the public....

Article

[emerging art markets]

Since the 1980s art markets have developed rapidly outside of Europe and the USA. In the so-called BRIC countries (Brazil, Russia, India, and China) this development has been particularly dynamic. With aggregate sales estimated at €11.5 billion, China is the second largest market for art and antiques in the world after the USA (McAndrew 2014). Works of art made by modern and contemporary artists from all four countries regularly fetch more than $1 million at auction.

The rise of the BRICs has coincided with the global integration of what used to be local art markets: demand for and supply of particular artists or artistic movements may now be dispersed across the globe. The boom which global art markets have witnessed in the new millennium can be attributed partially to new buyers from countries like China and Russia developing an interest in art, both old and new. In describing the emergence of the BRICs, the focus in this article will be on modern and contemporary art, since that is where market development has been most significant, both qualitatively and quantitatively....

Article

Teresa del Conde

(b Juchitán, Oaxaca, July 17, 1940).

Mexican painter, sculptor, textile designer, printmaker and collector. He grew up in an area that was rich in legends, rites and beliefs springing from a strong rural tradition predating the Spanish conquest of Mexico. He began to draw and paint at a very early age, studying first in Oaxaca, where he produced linocuts in the graphic workshop run by Arturo García Bustos (b 1926). In 1957 he moved to Mexico City to attend the Escuela de Diseño y Artesanía of the Instituto Nacional de Bellas Artes. After holding his first one-man shows of gouaches and prints in 1959 in Fort Worth, TX, and Mexico City, he moved in 1960 to Paris, where until 1963 he studied printmaking under Stanley William Hayter. While continuing to work within western traditions, he became interested in the art of oriental cultures and in ancient Mexican art, especially in those forms that were not officially sanctioned. In his attitude towards the sustaining inspiration of traditions he was particularly close to Paul Klee....