Warhol

An Indianapolis Gallery Debuts Dozens of Delightful Andy Warhol Drawings From the 1950s


Every month, hundreds of galleries showcase new exhibitions on the Midnight Publishing Group Gallery Network—and every week, we shine a spotlight on the exhibitions we think you should see. Check out what we have in store, and inquire more with one simple click.

What You Need to Know: Indianapolis’s Long-Sharp Gallery is celebrating its 15th anniversary with a delightful exhibition of nearly two dozen of Andy Warhol’s non-commercial drawings—many of which are on view to the public for the first time. The show “Andy Warhol: A Survey of Portrait and Figurative Drawings from the Mid-1950s” opened on what would have been Warhol’s 93rd birthday (August 6, 1928)  Each of the drawings have come to the gallery from the artist’s estate (some have never even been framed before) and a seventy-page catalog commemorating the exhibition is also being published. Those in Indianapolis should be sure to catch the exhibition in person, but for those further afield the gallery has an interactive virtual tour as well. 

Why We Like It: Warhol’s drawings from the 1950s capture whimsical moments with a satirist’s eye. The exhibition is divided into a few categories that offer a window in drawings place in Warhol’s practice including portraits made while traveling, those of famous women, scenes of dancing, drawings inspired by his time spent in the studio of his friend Otto Fenn, and a few drawings from his unpublished “Studies for a Boy Book.” Mostly made with ballpoint pen, the drawings are informal and playfully clever. 

According to the Gallery: “This exhibit looks principally at Warhol’s non-commercial work from the mid-1950s, and 15 of the drawings are being exhibited for the first time since his death. The exhibit is educational; it looks at Warhol’s life at the time the works were made and what (may have) influenced the compositions. Particularly exciting is a very rare self-portrait from the mid-1950s. Most of his early self-portraits are in museums and there is one offered here for acquisition. According to the Midnight Publishing Group Price Database, only two self-portraits on paper between 1940 and 1960 have crossed the auction block in the last 20 years.”

 

Andy Warhol
Untitled (Female Figure Seated) (1954)
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Andy Warhol, Untitled (Female Figure Seated) (1954). Courtesy of Long-Sharp Gallery.

Andy Warhol, Untitled (Female Figure Seated) (1954). Courtesy of Long-Sharp Gallery.

 

Andy Warhol
Untitled (Woman Reading Letters) (1955)
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Andy Warhol, Untitled (Woman Reading Letters) (1955). Courtesy of Long-Sharp Gallery.

Andy Warhol, Untitled (Woman Reading Letters) (1955). Courtesy of Long-Sharp Gallery.

 

Andy Warhol
Young Male (1956)
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Andy Warhol, Young Male (1956). Courtesy of Long-Sharp Gallery.

Andy Warhol, Young Male (1956). Courtesy of Long-Sharp Gallery.

 

Andy Warhol
Untitled (Female Figure) (1955)
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Andy Warhol, Untitled (Female Figure) (1955). Courtesy of Long-Sharp Gallery.

Andy Warhol, Untitled (Female Figure) (1955). Courtesy of Long-Sharp Gallery.

 

Andy Warhol
Untitled (Dancing Couple) (1954)
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Andy Warhol, Untitled (Dancing Couple) (1954). Courtesy of Long-Sharp Gallery.

Andy Warhol, Untitled (Dancing Couple) (1954). Courtesy of Long-Sharp Gallery.

 

Andy Warhol: A Survey of Portrait and Figurative Drawings from the Mid-1950s” is on view at Long-Sharp Gallery, Indianapolis, through September 25, 2021.

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Phillips London Just Set Nearly 20 Auction Records for Emerging Artists in Its $8.8 Million ‘New Now’ Sale


Phillips’s “New Now” contemporary art sale in London on July 13, which featured an eclectic mix of artworks by emerging, buzzed-about artists alongside established blue-chip names like Andy Warhol, Banksy, and KAWS, pulled in a sturdy £6.4 million ($8.8 million), the highest total for a Phillips London sale in the category.

The intermingling of well-established with new names in a single auction tends to lead to a clear split between the top prices, with the more recognizable stars bringing in more cash.

But the Phillips sale was something of an exception: while the top lots of the night were by Warhol and KAWS, much buzzed-about figurative artists like Genieve Figgis also made big splashes, and nearly 20 auction records were set for living artists, including Josh Smith, Ryan Gander, and Oli Epp. 

Andy Warhol Flowers (1964-65). Image courtesy Phillips.

Andy Warhol Flowers (1964-65). Image courtesy Phillips.

Of 224 lots offered, 198, or 86 percent, were sold. By value, the auction was 94 percent sold, a reflection of the number of lots that brought over-estimate prices. 

“The strength of the market was demonstrated through the enthusiasm and depth of bidding from bidders across 48 countries worldwide,” said Simon Tovey, the London-based head of the sale. He noted that six artists made their debut onto the secondary market.

The top lot was Warhol’s Flowers (1964–65), a classic image by the artist, which sold for a mid-estimate £1.35 million ($1.9 million) with premium.

The second-highest, though far lower, price was for an untitled painting by KAWS featuring Star Wars character C3P0 sporting a signature KAWS animated head with X’s for eyes. It sold for £352,800 ($488,804), just a notch over the high £350,000 estimate.

Banksy’s Love Is In The Air screenprint (2003), depicting one of the artist’s best-known images (a masked figure about to launch a bouquet of flowers as though it were a molotov cocktail) sold for £214,200 ($296,774), also meeting its estimate including the premium. (Final prices include buyer’s premium unless otherwise noted; estimates do not.)

A new record was set for Josh Smith, an artist who works with collage, sculpture, and printmaking in a style that mixes abstraction and figuration. Though he first became recognized for canvases that depicted his own name in expressive loops and swirls, many of the recent works are of Expressionist-style palm trees against sunset backdrops.

Oli Epp Whistleblower (2017). Image courtesy Phillips.

Oli Epp Whistleblower (2017). Image courtesy Phillips.

An untitled example of this subject matter from 2014 sold for a record £214,200 ($297,000) today, clearing the high £150,000 estimate by a wide margin. The previous record of $262,500 was set in May 2019, at Sotheby’s New York, also for a palm tree and sunset image.

Whistleblower (2017), a painting by Oli Epp, a London-based artist known for his deformed and quirky figures, shattered its modest estimate of £10,0000 to £15,000 to sell for £144,900 ($200,800), and was the seventh-highest price of the night.

The sale featured a number of African artists and artists of the African diaspora, some of whose works were sold to benefit the Africa First Artist Residency Program, with almost £220,000 ($305,000) raised in total. 

As part of this group, a record was set for Simphiwe Ndzube, who is originally from Cape Town and is based in Los Angeles. Figure With a Whip Leg (2019) sold for £37,800 ($52,372).

Ndzube’s work is inspired by the South African working-class Black men’s tradition of swenking, informal competitions that are part fashion show and part dance-off. He appeared on Midnight Publishing Group News’ 2018 list of Armory Show artists to watch.

Zimbabwean artist Moffat Takadiwa’s Land of Money and Honey (2017), an assemblage of metal bottle caps and plastic on plastic cord, sold for a record £12,600 ($17,457). 

Outside of that group, there were a number of works by African artists painting in the last half decade that were sold from galleries on the primary market not long ago.

Josh Smith Untitled (2014). Image courtesy Phillips.

Josh Smith Untitled (2014). Image courtesy Phillips.

These included a painting by Zimbabwe-born, South African artist Kudzanai-Violet Hwami, KWEKWE x HARARE x CAPETOWN WHEREVER YOU’RE FROM (2015), which sold for £81,900 ($113,000), far above the high £50,000 estimate. Meanwhile, Lady in Orange (2020) by Nigerian artist Chiderah Bosah, which was acquired directly from the artist by the consigner, sold for a double estimate £17,460 ($24,000).

The sale also featured a special charitable component organized by fashion designer Stella McCartney, who, during lockdown, reached out to 26 artists, colleagues, and friends to select and visualize letters from the alphabet to create a “McCartney A to Z Manifesto.”

Each artist was given absolute freedom to reimagine their own letter and to select their own charitable cause. Hajime Sorayama selected Médecins Sans Frontières Japan and Cindy Sherman supported Planned Parenthood.

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Are NFTs a Shrinking Market or the Next Amazon? Kenny Schachter Wages War With Crypto-Cynics and One Irksome NFT Terrorist


Joshua Decter is a “writer, curator, theorist, educator, and editor” who really, really loathes NFTs, so much so he has been engaged in a months-long, cross-platform attack against me on everything from Twitter to Instagram, culminating in his threat last week to have his beef with me spill over onto the streets of New York. (He’s certainly not the first—or last presumably—to threaten to beat me up.) Decter is adamant that NFTs are divorced from art and exist as nothing more than a debased cryptocurrency scam. I am sorry to persist in pushing back on this, but his wholesale dismissal is entirely misplaced. He also happens to be the author of a 2013 book entitled Art Is a Problem. I’d suggest the real problem is more likely his intemperate machismo and childish, obstinate shortsightedness.

Let’s make something abundantly clear, once and (one hopes) for all: People think of NFTs as a thinly veiled currency (at best), which couldn’t be further from the truth. That became all too clear with the rapid rise of Ethereum, which all but violently thwarted NFT sales as the art couldn’t compete with the underlying crypto it’s traded in. To illustrate, the closing price of ETH on March 11th, the day of Beeple’s Christie’s sale was $1,826; since then, on May 11, ETH hit a high of $4,178. (As I write its fluctuating around $3,800.) If Vignesh Sundaresan (aka Metakovan) kept his hand off his keyboard during the frenzied Beeple bidding war, the 37,787 ETH he purchased it with—the equivalent of $69 million then—would have reached a high of $157,876,232 less than two months after his prescient (eye roll) acquisition! Regardless of ETHs trajectory, I’d hazard a guess that the present actual value of Beeple’s best is less than $10 million.

Video killed the radio star and NFTs killed the NFT star—by fueling ETH inflation. NiftyGateway, the highest-profile NFT platform, is cancelling hundreds of drops due to the fact that the torrent of content creation isn’t commensurate with today’s shrinking marketplace. (Incidentally, I have my do-or-die third NiftyGateway release coinciding with publication of this article. Fingers crossed.)

 

“The Hoarder” is included in Kenny Schachter’s NiftyGateway drop.

Larva Labs, programmers of 10,000 unique CryptoPunks (2017), a group of which fetched $17 million at Christie’s last week, rushed to market with their latest project, 20,000 Meebits, on the back of the Punks’ auction hype. Some complained they were aping “Bored Apes” by the Bored Ape Yacht Club (another collection of 10,000 “unique” NFTs). Are you following? The salient point is that “Meebits” are trading well below their launch price due to the overall constricting of NFT valuations, though creators Matt Hall and John Watkinson did bank another $75 million after their “Punks” auction. It’s revenge of the nerds—on amphetamines.

 

This Meebits video is also included in Kenny Schachter’s Nifty drop.

If you’ve ever seen Midnight Publishing Group News’s ace reporter Nate Freeman about town at a local watering hole, he resembles a throwback to a 1950s-era newshound, often clad in a brown tweed blazer with a notepad in one hand and martini in the other. But when it comes to NFTs, his mindset is as antediluvian as his attire. His Wet Paint column is nothing short of a relentless broadside against digital art and the cryptocurrency that underpins it. He recently complained that the Christie’s CryptoPunks buyer was host of a consortium of investors with a portfolio of Punks. Actually, that’s not altogether different from the Mugrabi clan and their passel of Basquiats, Warhols, Condos, et al.—who also happened to underbid on Urs Fischer’s recent NFT drop on Loïc Gouzer’s Fair Warning auction app. At least they have the foresight to adapt to a changing technologically enabled world, unlike my esteemed Midnight Publishing Group colleague.

Similarly, Tim Schneider, of Midnight Publishing Group News Pro’s The Gray Market recently authored a column headed: “Why NFTs Aren’t the Solution to Museums’ Deaccessioning Dilemmas or Any Other Big Problems, Either.” That was before the storied Uffizi Gallery in Florence sold an NFT of the Michelangelo painting “Doni Tondo” (1505-06) for €140,000 ($170,000). Not to gloat, but… I have been saying for ages (most recently in Austria’s Der Standard newspaper), that museums should sell NFTs alongside posters and postcards instead of deaccessioning art. Max Hollein, the director of the Metropolitan Museum of Art, whom I count as a friend (and who I hope won’t be offended), said in an interview that NFT deals are primarily propaganda for speculating in cryptocurrencies. He might reconsider before commencing a deaccessioning campaign of his own.

When it comes to NFTs, as Katharina Rustler of <em>Der Standard</em> interpreted it, “Grab chance by the eggs!" Courtesy of Kenny Schachter.

When it comes to NFTs, as Katharina Rustler of Der Standard interpreted it, “Grab chance by the eggs!” Courtesy of Kenny Schachter.

It’s not just Old Masters teaching the new by taking a lead in combating the staggering loss of revenues that COVID has wrought on art institutions, but commercial stalwarts like Art Basel and even eBay are getting in on the NFT game. Bitsky (Banksy’s Russian cousin?) is yet another startup that just raised $19 million from the likes of Serena Williams and Jay-Z, led by Marc Andreessen (who bears a striking resemblance to a Conehead of “Saturday Night Live” fame) of Andreessen Horowitz, a $16.6 billion tech fund that has cemented a chokehold on the NFT market, indicating a fervently bullish long-term view. (They’ve also been throwing gasoline on the NFT speculation fire through Clubhouse, the live convo app they’re backing that seems to host a different NFT hypefest every 10 minutes.) Bitski, for its part, is meant to employ a rudimentary consumer interface, creating ease for the crafting of NFTs payable by credit card and sidestepping the fear and hesitancy of crypto-cynics.

German art royalty: Johann Koenig (who’s got a few new ideas up his sleeve when it comes to role of art dealer) and Daniel Hug, director of Art Cologne, which is coming up in November’s return to normalcy. Courtesy of Kenny Schachter.

German art royalty: Johann Koenig (who’s got a few new ideas up his sleeve when it comes to role of art dealer) and Daniel Hug, director of Art Cologne, which is coming up in November’s return to normalcy. Courtesy of Kenny Schachter.

Bafflingly, it is the historically staid auction houses, instead of galleries, that have been at the forefront of acclimating to the changing landscape of the art world vis-à-vis technological innovation. Except, that is, for Johann König and Nagel Draxler—at whose Cologne gallery I curated “Breadcrumbs: Art in the Age of NFTism,” through August 21. König has gone as far as staging auctions and initiating his own platform with Dapper Labs— the marketplace known for CryptoKitties and NBA Top Shot Moments—to sell NFTs, while also potentially offering fractionalized ownership opportunities for emerging artworks, just like the wildly popular stock-trading app Robinhood does for meme stocks. I asked Johann, “What are you trying to be with all this frenetic activity?” He replied, without missing a beat: “Amazon!” The question of whether (or not) there is a mass public business for art rivaling Apple and Alibaba remains to be seen.

Here’s a video starring a Paul Thek that is part of Kenny Schachter’s NiftyGateway drop.

Christian Nagel, for his part, is a pillar of the German gallery scene, having opened his first space in Munich in 1986 and, four years later, in Cologne, where he began exhibiting works by the likes of Martin Kippenberger, Franz West, Günther Förg, Michael Krebber, Cosima von Bonin, Andrea Fraser, Charline von Heyl, and Martha Rosler. Saskia Draxler, a philosopher and cultural critic, joined as a partner in 2009. As far as NFTs? Nagel informed me that, were it not for a Clubhouse chatroom when a critic questioned the gallery’s commitment (or rather antipathy) to crypto art, I wouldn’t have found myself in Cologne curating what might well be the first meatspace NFT art show in a conceptual art gallery.

Nagel Draxler gallerist Christian Nagel and me in my new show. Courtesy of Kenny Schachter.

Nagel Draxler gallerist Christian Nagel and me in my new show. Courtesy of Kenny Schachter.

The exhibitions itself is indistinguishable from a non-NFT show inasmuch as there is an installation-based framework upon which photos, computer printouts, paintings, and objects are presented—but it will have a parallel expression as a series of Non-Fungible Token drops, which will follow on OpenSea in the coming weeks. The artists range from such pioneers in the NFT space as R. Myers, Max Osiris, Dot Pigeon, Kevin Abosch, Robness, Osinachi, Ruylton Fyder, Sarah Friend, Olive Allen, and Anna Ridler, commingled with regulars on the contemporary gallery circuit like Tracey Emin, Darren Bader, Eva Beresin, Theo Triantafyllidis, and Koichi Sato (and me, of course!). The imprimatur of the venerated gallery Nagel Draxler is as significant as any of the participating artists in the exhibit, as the embrace of NFTs in such a context speaks volumes about their acceptance, legitimacy, and credibility.

In other news, I received an actual (if unusual) ransom letter last week from Alfred Itchcock, the buyer of the NFT I helped Jerry Saltz release for charity last month. In it, Itchcock stated this was nothing less than an act of digital terrorism and threatened to shred Jerry’s “The First 10,000” unless Saltz engaged in some specific acts regarding the smart contract accompanying his NFT that would entail paying a transaction fee of anywhere between approximately $2,000 to $10,000. Though it wasn’t entirely clear, the purported intent appeared to teach Saltz a lesson for initially criticizing and dismissing NFTs, and (maybe?) prove they have import and significance beyond the low effort Jerry expended on the creation of his.

The self-proclaimed crypto-tax fixer, sure to be the accounting world's busiest man! Courtesy of Kenny Schachter.

The self-proclaimed crypto-tax fixer, sure to be the accounting world’s busiest man! Courtesy of Kenny Schachter.

In Alfred’s own (semi-legible) words: “A concrete consequence of “The First 10,000” being shred is that it stops being transferable. It’ll be “lost” in a sense that’s very real to people here. Not being transferable means it can’t ever be resold so you’ll never get royalties from secondary sales. Hence NFT terrorism 🙂 I don’t encourage burning/shredding NFTs since it’s unfair to the artist. One exception is when used as a counter-trolling move. “The First 10,000” isn’t shred yet, it can still be recovered by making one single Ethereum transaction. If that doesn’t happen by May 28 then surely it’ll be shred and lost forever. Luv you all, Best! Alfred”

He closed with line: “DONT PUT YOUR PRIVATE KEYS IN THE WRONG PLACE.” (Thanks for the heads-up, Alfred!) I responded with my inimitable diplomatic brusqueness, the sentiment of which Jerry was fully aligned with: “We wouldn’t pay 5 cents to save this NFT, so your point (whatever that may be) is moot. Knock yourself out and have a ball.” So long “The First 10,000”… till the next. This encounter affirmed one thing for sure: techies are weird.

An article on Paul Thek was published in The University Chicago Journal quoting the artist from 1965: “The world was falling apart, anyone could see it, I was a wreck, the block was a wreck, the city was a wreck; and I’d go to a gallery and there would be a lot of fancy people looking at a lot of stuff that didn’t say anything about anything to anyone.” At present, the world is a wreck. No, NFTism isn’t going to affect things in the big (or little) scheme of things overall—but art may very well instill a greater sense of empathy and humanism, so sorely missed across the globe in the face of war, Covid, and hatred. I am simply a proponent of more artistic expression and communication in whatever form pleases, and less irrational judgments and actions to the contrary.

 

This is some kind of commercial for Kenny’s Nifty drop, and it’s also included in Kenny’s Nifty drop.

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