The Growth of Asia’s Art Market Came to Life in Hong Kong International Art Fair

Elizabeth Prendiville shares some news about Asia’s evolving art market 

Hong Kong International Art Fair

Hong Kong International Art Fair. Image Credit: http://www.hongkongartfair.com/

New York: This year Hong Kong’s International Art Fair was presented under the king of art fair names, Art Basel. Art Basel sees a solid future in the recent developments of Asia’s art market, which is changing rapidly and in a very positive way. Basel notes the early stages of a thriving art market opportunity with a solid base of dealers and collectors ready for a fair similar to the wildly successful one developed in Miami. These murmurings of anticipation in the international art market have data behind them.

In 2012 it was discovered that there are more millionaires in Asia than the United States. This makes for an ample opportunity for the Art Basel group to tap into this market of potential long-term collectors. These possible buyers in combination with excess regional cash make it the perfect scenario for a successful contemporary art scene that can be observed on an international platform.

The stylistic developments of Asia’s contemporary art community are multifaceted. In addition to displaying a juxtaposition of Eastern and Western artistic identities, these individual artist statements are shown on a more local level. Through these different art sources in Asia, the Asia-Pacific region has developed a completely unique style, taste and creative identity independent of the western art market. This affluent market base has completely honored and fostered the growth and stability of it’s own local talent. This is in contrast with past evidence of buyers continuing to bolster European and American blockbuster artists such as Jeff Koons and Damien Hirst.

Although many of these Asia-based contemporary artists are relatively unknown outside of their immediate region, their work is supported with sky rocketing market prices in auctions. Although they are not well known, those that do know are keeping an eye out for an opportunity to invest. Currently, an even newer trend is developing amongst buyers, collectors and dealers. Individuals are not just focused on their regional artistic community and additionally the western art scene. Rather they are focused on Asia as an entity developing an identity as a global art power.Continuing this would make major Asia-based galleries and museums a comparable platform with New York and London for artists to show their work.

However, for this to truly become a reality they must maintain all of the elements of a functioning and competitive art environment. This includes strong collectors, dealers, museums, auctions, galleries and other aspects of the artistic business community.  Without all of these essential pieces, the market will never reach it’s full potential. Because Asia varies so intensely between bustling rich economies and rural community this evolution may take some time. However, there is a strong interest in fostering art across the board, and even the most unexpected community are looking to open museums and push these ideas forward.

In India specifically this evolvement is subtle, but consistent. At present New Delhi’s National Museum of Modern Art has a lower visitor rate, especially compared to other established international museums. However, strong museums are popping up all throughout Asia and are intensely focused on devoting their budget and space to their developing Asian art collection.

These major shifts in favor of Contemporary Art, specifically in Asia-Pacific bode well for artists, collectors, art fair attendees, and dealers alike.

For more information read here.

Henning Koppel at Saffronart

Tarika Agarwal examines the Henning Koppel coffee set available as part of Saffronart’s upcoming Travel & Leisure Auction

A Magnificent Silver Coffee Set No. 1017 by Henning Koppel, Georg Jensen

A Magnificent Silver Coffee Set No. 1017 by Henning Koppel, Georg Jensen. Image Credit: http://www.saffronart.com/customauctions/PreWork.aspx?l=8661

Mumbai: Henning Koppel is largely responsible for what we have come to think of as “Danish design”.

Koppel was an early pioneer of functionalism in design: his mission was to make everyday life products beautiful as well as practical. He was trained as a sculptor and began collaborating with Georg Jensen in 1946.

When Henning Koppel died in 1981, aged 63, he had created an astonishing range of work: from stainless steel cutlery such as the “New York” line, which found its way into the homes of millions, to magnificent one-off signature pieces such as the silver and crystal chandelier he designed to celebrate the 75-year anniversary of Georg Jensen in 1979.

At Saffronart we have the great fortune to auction a highly sought after sterling silver coffee set, design no. 1017, by Henning Koppel (Lot 110).

The handles on the coffee pot is crafted from guaiacum, a South American hardwood. The coffee pot measures 6″ (15cm) in height, the creamer 3″ (1.5cm) and the sugar bowl 1 3/4″ (4.5cm).

Along with this set, other beautiful Georg Jensen flatware will be available as part of the auction, scheduled to take place on the Saffronart website on 29-30 July, 2013.

Art evoking the spirit of hospitality at Mumbai International Airport Terminal

Ipshita Sen of Saffronart comments on Rajeev Sethi’s new project

New York: Rajeev Sethi, a prominent Indian scenographer, fills up the void of public art by initiating a phenomenal art project that is not only aesthetically pleasing, but at the same time acts as a gateway to India and its magnificently diverse and unique cultural heritage.

The installation, commencing September 2013, will convert over 4,39,000 square meters of space at terminal 2 of the Mumbai Internal Airport into a large installation of art works of different mediums ornamenting it. Mumbai, being one of India’s largest metropolitan cities, attracting vast numbers of international visitors, could not have been more apt a location to house a project of such scale and motive.

Sethi says “The art programmer seek to convert the airport into a spectacular doorway into India, integrated into the fabric of the city it is located in and initiating the visitor into the experience that lie beyond its doors”

Passengers flying into the new international airport terminal will be gracefully welcomed with Sethi’s magnificent project, aiming to introduce swarming passengers at the busy terminal with Indian art and a gateway to the culture, arts and crafts of India.

Art should not be the privilege of just the rich or museums, it should be displayed in large public places” says Sethi.

The entire project is a creative collaboration between contemporary artists and artisans of the state whose arts are being represented. It is an intriguing juxtaposition between age-old tradition and continuity. It lays emphasis on India being a country of dynamism and complexity, as it exists in several centuries simultaneously. The project defines what India is and how it is through layered narratives, simplistically representing India. It will take viewers on to a unique experience, one that’s unexplored.

The artists involved in the project are a mixture of local artisans and established artists such as Gulmmohammed Sheikh, Amitavada Das, Jagannath Panda and Riyas Komu amongst several others.

A few highlights of the project will include: recently unveiled segment of the project called “Udan Khatola’, ‘Touché’ and ‘Reappearances – Below the Tarmac’ in the capital, New Delhi, before it was transported to Mumbai. This too along with several other works of art, was created mostly by artisans from different states of India in the North, South, East and West. Overall, the project is funded by GVK and is the collaboration and coordination of over 1000 artists all over the country.

“There is no dearth of vision in this country. What’s more important is how you implement an idea. And in a country like ours where we have a luxury of committed skilful people, we can realize some of the most difficult visions. Machines would stay but I believe hands would always stay one step ahead,” says the scenographer,

Udan Khatola, is a piece of work where a couple of artists have collaborated on. It is a 6.5ft papier-mâché sculpture conceptualized by Sethi, made by Sabtir Kanjania and painted by artist Madhvi Parekh. The piece is enamored by various techniques used by scenic painters of Chandan Nagar during local rituals as well as ornamented with different kinds of horses as interpreted by different traditions across the Indian subcontinent.

“It is an amalgamation of Indian mythology and machines. Its structure and colours—blue, black and silver—give it a bright and royal look, making it look like a royal carrier and yet a fantastical flying plane,” says Parekh
The project is centered on six themes. The common umbrella theme is of ‘seamless India’ and constitutes the western gateway of Molela as described by Sethi. He adds “The northern gateway displays art from Kashmir; the eastern from Kolkata, and the southern gateway represents a very whimsical gopuram with gods and goddesses flying off”

The art displayed representing Northern India will cover at least 1.5 km of the terminal space. Srinagar hosted an event for the preview of murals before it was due to travel to Mumbai.

“The force of art and craft can create bonds of unity and cooperation between artisans of different areas and cultures. These arts and crafts act as brand ambassadors of civilization, heritage, culture and detail about the people, their living and status,” said chief minister Omar Abdullah, at the preview in Srinagar.  The large 32 by 16 foot mural represents Srinagar incorporating various places of worships from Mosques to Gurudwaras. A local artist, Fayaz Ahmed Jan, one of fourteen, working on it claimed to have spent over a year working on the mural.

For a personal touch, each of the commissioned artists was given a mobile phone encouraging them to document the works being made. These would be placed near the respective works, complimenting the work of art, creating a dialogue between the viewer and the artist. Almost like a sneak preview in to the artists mind.

The project overall unfolds hidden treasures and stories, layer after layer, winding and unwinding fragments of the subcontinent’s rich histories and culture, continuing forward enabling the viewer, both international and local, to admire the riches that the subcontinent has to offer. Therefore, Sethi with this unique initiative uses art and artistic representations of Indian culture and tradition, to build a sustainable platform for Indian art, especially folk Indian art on the international market for art.

Below you can enjoy a video on the project and more information can be found here.

George Jensen at Saffronart

Tarika Agarwal talks about the rare Georg Jensen Scroll Pattern flatware, part of Saffronart’s upcoming Travel & Leisure Auction

Georg Jenson, Flatware Set

Georg Jenson, ‘Scroll’ Pattern Flatware

Mumbai: Georg Jensen, an artistically gifted Danish boy from a working-class family who aspired to become a sculptor, grew up to be a silver smith and founded a fim that designed jewelry, flatware and hollowware that earned him international acclaim and significantly influenced the direction of decorative arts.

The ‘Scroll’ or ‘Saga’ pattern is one of the most rare and significant patterns in the Georg Jensen flatware line. It was designed in 1927 by Johan Rohde for the firm in Denmark. This pattern is very substantial and requires a lot of hand crafting. There is a high relief scroll pattern at the center of each piece’s handle, as well as an all-over hand hammered finish.

The set being offered at Saffronart’s Travel & Leisure auction is in excellent condition. It includes dinner knives, butter knives, dinner forks, teaspoons, tablespoons and dessert/salad forks.

Along with this set, other beautiful Georg Jensen flatware and hollowware will be available as part of the auction, scheduled to take place on the Saffronart website on 29-30 July, 2013.

Prarthana Modi: Silencieux

Elisabetta Marabotto of Saffronart recommends Prarthana Modi’s exhibition in Paris

London: If you are visiting Paris this summer, I’d highly recommend visiting La Capitale Galerie which is currently hosting “Silencieux”, a solo exhibition of Prarthana Modi.

Contemplation, New Delhi, Prarthana Modi, 2010

Contemplation, New Delhi, Prarthana Modi, 2010. Image Credit: http://www.lacapitalegalerie.com/

Modi, a New Delhi based photographer, captures the world in black and white. Her subjects are ordinary people and ordinary life which she manages to transform in a poetic and dream-like atmosphere.

Looking up, New Delhi, Prarthana Modi, 2010

Looking up, New Delhi, Prarthana Modi, 2010. Image Credit: http://www.lacapitalegalerie.com/

As Satish Gujral said: “it is the ‘seeing eye’ she is gifted with that helps Prarthana to see the poetic in the insignificant and carve a piece of beauty out of it”.

Modi says: “My quest is to see and depict the light..the light within as the light without. It is about using the light outside to make one connect with the light inside. And also, to capture stillness.  Stillness, as in a moment of inner peace and quietude.

Solitude, New Delhi, Prarthana Modi, 2012

Solitude, New Delhi, Prarthana Modi, 2012. Image Credit: http://www.lacapitalegalerie.com/

“Every photograph I take evokes a certain emotion in me and my effort is to try to make the viewer feel something too.. it may be the same emotion that I felt or something totally different. For me, to feel is to be human and alive.”

“Silencieux” is on until the 27th of July. More information on the exhibition can be found here.