Shoot the Headline Writer (Again): Bloomberg Foretells Freud's Auction Price

Freud1.jpg
Lucian Freud, "Benefits Supervisor Sleeping," 1995

"Freud's Heavyweight Nude Gets $35 Million Price," alleges the headline (which may well be rewritten by the time your read this) for today's online art-market commentary by Martin Gayford in Bloomberg.

That's more than you or I know, since the Christie's auction where Lucian Freud's "Benefits Supervisor Sleeping" (above) may flirt with the auction record for a living artist hasn't happened yet.

Gayford merely (and correctly) observed that "the auction house [is] expecting the 1995 work to fetch up to $35 million" when it is offered on Tuesday evening. The current auction record for a living artist was set last November, when Sotheby's sold another heavyweight, Jeff Koons' "Hanging Heart," for $23.6 million.

We can only wonder if the NY Times headline writer who seriously misconstrued Carol Vogel's report of last week's Impressionist/modern sale at Christie's was let go, only to land at Bloomberg.

What would Freud's illustrious ancestor of the psychoanalytic fame have to say about these slips?
May 12, 2008 12:25 AM |

About

CULTUREGRRL is your inside guide to the artworld, consulted daily by the most important museum directors and curators, art dealers and auctioneers, collectors, scholars, critics, journalists and art lovers. Bringing wit and wisdom to informed, informative reviews of artworld events and issues, CultureGrrl (aka Lee Rosenbaum) is avidly read for her influential critiques of best and worst practices in the field.

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LEE ROSENBAUM LeeAcrop.jpg I'm a veteran cultural journalist who writes frequently for the Wall Street Journal's "Leisure & Arts" page. I am contributing editor of Art in America magazine and a regular cultural contributor on New York Public Radio (WNYC). I've appeared as an art-market commentator on BBC-TV and have published numerous Op-Ed pieces in the New York Times and Los Angeles Times. I am author of The Complete Guide to Collecting Art (Knopf) and have lectured on cultural property issues at the New Acropolis Museum and the University of Pennsylvania, on deaccessioning at Columbia Law School and on museum governance at Seton Hall University.

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Me Elsewhere

Highlights from my writings and broadcasts: 


MY BOOK
The Complete Guide to Collecting Art (Knopf)

IN THE MAINSTREAM MEDIA
NY TIMES OP-EDS:
For Sale: Our Permanent Collection (museum deaccessions)
Fashion Victim (Chanel at the Met)
Destroying the Museum to Save It (Barnes Foundation)
Reassembling Sundered Antiquities (Parthenon marbles)

WALL STREET JOURNAL:
Los Angeles' New Broad Museum of Contemporary Art
Philadelphia's New Perelman Building
The Walton Effect: Art World Is Roiled by Wal-Mart Heiress

Tricks of the Auction Trade

The Seattle Art Museum: A Work in Progress

Upside Down and Backward, Yet Tame (Boston ICA)
Edith Wharton's Library Is Now an Open Book
Extreme Makeover: Smithsonian Edition (American Art and Portrait Gallery renovation)
This Museum's Expansion is Simply Effective (Minneapolis Institute)
Truth in Booty: Coming--and Staying--Clean (antiquities controversies)
A Betrayal of Trust (NY Public Library's art sales)
The Lost Museum (MoMA's art sales)
Endangered Species (single-collector jewel-box museums)
Money in Motion (the Guggenheim's finances)
The Fine Art of Genocide? (appraisals of Hitler's art)

LA TIMES OP-EDS:
Make Art Loans, Not War
Museums Can't Compete (public collecting endangered)

ART IN AMERICA:
Refreshing the Smithsonian (the renovated SAAM and NPG)
The Atrium That Ate the Morgan (Renzo Piano's addition)
Hot Pots and Potshots (controversies over museum antiquities)
Musings on Museums (book review of "Whose Muse?")

NATIONAL PUBLIC RADIO:
Criticism of AAM's Cultural Diplomacy Initiative

NEW YORK PUBLIC RADIO:
Murakami at Brooklyn Museum
Whitney Biennial
Guggenheim Director Steps Down
Philippe de Montebello's Retirement
Fall '07 Art Auctions
Metropolitan Museum's "Age of Rembrandt" Show
Commentary on the Art Market
Tour of Sculpture Gardens, with Slideshow
Audio Commentary on the Met's New Greek and Roman Galleries
Glenn Lowry's Unorthodox Compensation Package
Commentary on the Art Market

PHILADELPHIA PUBLIC RADIO:
Philadelphia Museum's "Gross Clinic" Deaccessions
Museums' Purchase and Sale of Eakins' Works (about one-third of the way into the program)
Pennsylvania Academy of the Fine Arts' sale of Eakins' "The Cello Player"

BBC-TV:
Impressionist/Modern Auction at Sotheby's

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About this Entry

This page contains a single entry by CultureGrrl published on May 12, 2008 12:25 AM.

Sotheby's First-Quarter Loss: Commission Margins Down; Buyers Premium Up UPDATED was the previous entry in this blog.

Cleveland Kerfuffle: Italy Again Engages in Repatriation-by-Press is the next entry in this blog.

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