Eighteenth Century Isn’t Selling: A Report From the New Tricked-Out American International Fine Art Fair

08 February '12 by the editors | Source: artinfo.com

Before entering the American International Fine Art Fair, a Palm Beach show known for its vast array of blue-chip antiques, one might have various assumptions about the age of its attendees — probably pretty high — and the fair's cool factor — probably pretty low.

Yet this year, the show greeted vistors with an exploding mass of painted, sculpted steel (John Chamberlain’s "Camshaftmedley," 2007) standing in the center of a black pool of water at the entrance, as well as low, sexy lighting, and dark gray exhibitor booths with glowing fluorescent purple trim running across the top. When we entered the show's collectors' preview on Friday, one thing was immediately clear to us — this wasn’t going to be your grandmother’s antique show.

This year's edition, running now through February 12 at the Palm Beach County Convention Center, is a grand departure from its first in 1995. “When we started 15 years ago, people would've rather had a piece by an Old Master or an Impressionist rather than a Picasso,” David Lester, who co-founded the fair with wife Lee Ann, told ARTINFO. “Well, Old Masters sales didn’t do so well this week. Eighteenth Century isn’t selling.” He had lost many once-successful exhibitors — Galerie du Post Impressionisme, Jeremy LTD, Hotspur Antiques, and Anthony Marks, for example — after they went out of business.

In response to shifting tastes in the market, and an increasingly diverse set of buyers that now include more Eastern Europeans and South Americans than ever before, the Lesters pushed this year's fair toward mid- and later 20th-century art, plus a few other surprises. There was a fair share of classic objects — 15th-century jousting armor from Peter Finer, second-century bronzes from Ariadne, and the most antique of all, a 50,000 million-year-old fossilized palm frond imprint from Eostone — but from the new minimalist décor to the wind-powered hybrid car, a new hipness was palpable.

Blue-chip powerhouse Hammer Gallery brought its A-game this year, a dazzling flurry of work by Warhol, Wesselman, and Chagall (oh my!), a markedly different booth than the one that had exhibited 27 Renoirs the year before. Although, to be fair, its main attraction was the very special 1822 Gilbert Stuart portrait of George Washington. One of only three (one lost to fire, and another to Alice Walton), it was acquired by gallery founder Armand Hammer at a record-setting $205,000 at Park-Bernet in the '70s. Today, it stands to fetch a cool $7.5 million.

Equally as impressive was the Mark Borghi booth, full of highly coveted (and highly priced) works spanning the gamut from Cassat to Calder, with a bronze "Cat" and "Owl" by Louise Nevelson, and Robert Indiana's 1971 "Autoportrait Decade."


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