After the historic inaugural NFT sales of works by the digital artists Beeple and Pak at Christie's and Sotheby's respectively, we are beginning to see auction houses adapting to the increased fervour surrounding cryptocurrency as a form of payment and digital arts appeal as the NFT market has emerged.
While cryptocurrency was accepted by Sotheby's for their NFT sale, Banksy's _Love is in the Air _is the first physical work to be offered at an auction house in exchange for cryptocurrency; specifically bitcoin and ethereum.
Read Sam Gaskin's recent coverage on the sale here.
Main image: Banksy, Love is in the Air (2005). Oil and spray paint on canvas. 90 x 90 cm. Courtesy Sotheby's.
Basquiat at Christie's 21st Century Evening Sale New York, 06 May 2021
Jean-Michel Basquiat, In This Case (1983). Acrylic and oilstick on canvas. 195.58 x 185.42 cm. Courtesy CHRISTIE'S IMAGES LTD.
Jean-Michel Basquiat's In This Case is the groundbreaking work fronting Christie's 21st Century Evening Sale in New York on 11 May.
In This Case, along with Untitled (1981) and Untitled (1982) are understood as the 'holy trinity' of Basquiat's 'head' paintings, with the latter having gained particular notoriety for being the highest price ever fetched by an American artist after being sold at Sotheby's in 2017 for a little over $110 million.
In this Case has been exhibited in major surveys at Triennale Milano in 2006, Gagosian in 2013, and more recently, Fondation Louis Vuitton in 2018.
Hidden for 42 years in an attic outside of London, Frank Bowling's uncovered 1971 work Polish Rebecca is on show as part of his inaugural exhibition at Hauser & Wirth, which opened on 5 May in New York and will open on 21 May in London.
Featuring a large-scale stencilled map of South America and Africa, Polish Rebecca is a gleaming example of Bowling's 'Map Paintings' (1967–1971), an iconic series of works which marked his transition into pure abstraction, through the staining and pouring of acrylic paint onto silk screened images.
Featuring works from 1967 to the present day, Frank Bowling – London / New York is a wonderful display of Frank Bowling's extraordinary engagement with the materiality of paint, which has guided his search for abstraction throughout his 50-year career.
Joan Miró at Newlands House Gallery Petworth, 01 May 2021
Joan Miró, Femme nue (1931). Copyright Successió Miró ADAGP, Paris and DACS London, 2021. Courtesy Galerie Lelong & Co. Paris.
A survey of works by modernist master Joan Miró spanning the 1930s to the 1980s is now open at Simon de Pury's Newlands House Gallery in Petworth, U.K.
Comprising 39 sculptures, works on paper, prints, and a painting, the exhibition contains a selection of lesser-known works, with iconic pieces including Paris Mât (1971) and Torse (1969).
Miró's works throughout his eight-decade career are equally sought after and his 1969 bronze sculpture, Femme (Femme debout) is one to look out for the upcoming Christie's New York 20th Century Evening Sale on 13 May.
Yuli Yamagata at Fortes D'Aloia & Gabriel São Paulo, 27 April 2021
Yuli Yamagata, Cyborg nascendo (2021). Shibori on cotton, elastane, felt, satin, silicone fibre, sewing thread. 180 x 150 x 3 cm. Courtesy Fortes D’Aloia & Gabriel, São Paulo/Rio de Janeiro. Photo: Eduardo Ortega.
Containing eye-popping sculptures and paintings weaving themes of consumption, the grotesque, and the search for transcendence, the exhibition Insomnia is Yuli Yamagata's first solo show at Fortes D'Aloia & Gabriel's São Paulo space opening on 15 May.
'The pieces in Insomnia point towards a sort of transition—a deceleration of image consumption. My wish is for the work to be absorbed at a slower pace, to linger in viewers' minds'—Yuli Yamagatain conversation with Rory Mitchell for Advisory Perspectives.
Thomas Houseago at Fine Arts Belgium Brussels, 24 April 2021
Thomas Houseago, Vision Painting I (II) Soul Journey - Arizona (2021). Acrylic on canvas. 274.3 × 182.9 cm. Courtesy the Artist and Xavier Hufkens, Brussels. Photo: Paul Salveson.
'I have never had a hang-up about art history; I see it as my artistic family, as oxygen. My generation emerged at a time of endings—death of painting, death of the author—and since I come from a place with no sense of culture at all, I had no desire to create a false tabula rasa.'—Thomas Houseago
Thomas Houseago's show of neoclassical and contemporary works opened on 22 April at Fine Arts Belgium and will be running until the beginning of August.