Art Industry News: Fish and Swans Return to Venice’s Canals as Italy’s Lockdown Leaves the Water Uncannily Pristine + Other Stories - artnet News | Canada News Media
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Art Industry News: Fish and Swans Return to Venice’s Canals as Italy’s Lockdown Leaves the Water Uncannily Pristine + Other Stories – artnet News

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Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know on this Tuesday, March 17.

NEED-TO-READ

Kenny Schachter’s Inigo Philbrick Opus – Artnet News’s columnist shares his adventures with fallen art dealer Inigo Philbrick, who was often (but not always) the source Schachter dubbed Deep Pockets in his articles. The master art flipper was selling works by Rudolf Stingel and Christopher Wool, making tons of money for his clients and himself—until the whole ploy began to tank. Since late 2019, Philbrick has been in hiding as accusations of fraud pile up. “No one, in fact, wanted to admit to even knowing him, much less doing business with him, but they all did,” Schachter writes. “Philbrick’s unbridled hubris had a big hand in his implosion, which is slowly becoming apparent still.” (Vulture)

Prada’s CEOs Donate Funds to Build ICUs – In Italy, where doctors are reportedly having to make gut-wrenching decisions about who lives and who dies due to scarce medical equipment, the co-CEOs of Prada, Patrizio Bertelli and Miuccia Prada (who also founded the Prada Foundation in locked-down Milan), are donating six intensive care units to three Milanese hospitals. As of Monday morning, 1,809 people have died in Italy as doctors have begun the grim task of offering ICU assistance to those with the “best chance of success.” (The Cut)

Silver Lining? Venice’s Canals Look Cleaner – Here’s one thin silver lining amid Italy’s lockdown—the canals appear to be looking cleaner. As tourists leave Venice, museums close, and major events like the Venice Architecture Biennale are postponed, the city has begun to observe the return of wildlife. Photographs of fish swimming in clearer canal water and swans gliding along the surface have attracted thousands of likes on Facebook. Ironically, of course, the photographs have been taken by residents from their windows as they are self isolating at home. (The Art Newspaper)

UK Museums Association Calls for Emergency Funding – The Museums Association recently met with the UK’s department for digital, culture, media, and sport to discuss the impact of the pandemic on the museum, gallery, and heritage sectors. The director of the advocacy group says that money budgeted for the so-called “festival of Brexit” in 2022 should be diverted toward arts institutions under thread amid the COVID-19 outbreak. The £120 million in government investment that has been earmarked for the festival could instead “support museums at risk of permanent closure as a result of the coronavirus epidemic,” says Museums Association director Sharon Heal. (TAN)

ART MARKET

Wealthy Collectors Are Taking Out Major Art Loans – The art market may have ground to a halt, but the business of art financing is booming. As the stock market enters a period of upheaval, collectors are looking to offset the cost of margin calls after borrowing against stock holdings. The art-financing division of the Fine Art Group has seen a twofold spike in inquiries over the past two weeks from clients looking to take out loans against objects including a $10 million Basquiat and some $30 million worth of diamonds. (Bloomberg)

Object & Thing Fair Postponed to November – In what looks like the first May fair to reschedule as a result of the ongoing health emergency, the inventive art and design event will postpone its second edition from May 7 to 10 until November 13 to 15. For a full list of arts-related postponements and closures, click here. (Press release)

Christie’s Shifts to Remote Working – Christie’s London employees will begin working remotely as of today for the next two weeks. (The office had been one of the only holdouts amid a closure of the auction house’s international locations.) A small team will stay in place at King Street to support this week’s sales in London. By Friday, March 20, all Christie’s employees worldwide will be working from home. (Press release)

COMINGS & GOINGS

Art Dubai Cancels Events – The Middle East fair—which had already scaled back to a local-only event—has now called off all live programming and will focus instead on digital content, including an online catalogue, a global art forum livestream, and an online performance program curated by Marina Fokidis. The virtual event will launch on March 23, 2020. (Press release)

Vermont-Based Artist Wolf Kahn Has Died – The artist Wolf Kahn has died at age 92. Born in Germany, he moved to the US as a teenager to escape Nazi persecution. After serving in the US Navy, he studied under painter Hans Hofmann thanks to the GI Bill. His Vermont landscapes are in the collections of major institutions as well as the private collections of Bill Clinton, Michael Bloomberg, and Henry Kissinger, among others.(VT Digger)

FOR ART’S SAKE

Philanthropist Falls Ill After Museum Fundraiser – Prominent Louisville philanthropist Christy Brown, who is in her 70s, has been diagnosed with COVID-19 and is in stable condition. She attended the Speed Art Museum Ball on March 7.  Another other guest at the event who tested positive is symptom-free. The museum is now closed. (WFPL)

Islanders Will Create Textile Art in Self-Isolation – A community group on the remote Scottish island of Barra is urging people who are self-quarantined around the globe to contribute crocheted squares that can be combined to form a monumental work of textile art. The colorful squares will be linked to make “yarn bomb” Christmas trees in December, when the pandemic has hopefully subsided. (Times)

Daniel Arsham Reveals a Gun-Toting Dior Saddlebag – The American artist has offered an outtake from his recent collaboration with Dior on Instagram. The saddlebag—which appears to show the outline of a revolver on the front and an airplane seatbelt-inspired strap—never made it into production. “Maybe one day…” Arsham writes wistfully. (Hypebeast)

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Calvin Lucyshyn: Vancouver Island Art Dealer Faces Fraud Charges After Police Seize Millions in Artwork

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In a case that has sent shockwaves through the Vancouver Island art community, a local art dealer has been charged with one count of fraud over $5,000. Calvin Lucyshyn, the former operator of the now-closed Winchester Galleries in Oak Bay, faces the charge after police seized hundreds of artworks, valued in the tens of millions of dollars, from various storage sites in the Greater Victoria area.

Alleged Fraud Scheme

Police allege that Lucyshyn had been taking valuable art from members of the public under the guise of appraising or consigning the pieces for sale, only to cut off all communication with the owners. This investigation began in April 2022, when police received a complaint from an individual who had provided four paintings to Lucyshyn, including three works by renowned British Columbia artist Emily Carr, and had not received any updates on their sale.

Further investigation by the Saanich Police Department revealed that this was not an isolated incident. Detectives found other alleged victims who had similar experiences with Winchester Galleries, leading police to execute search warrants at three separate storage locations across Greater Victoria.

Massive Seizure of Artworks

In what has become one of the largest art fraud investigations in recent Canadian history, authorities seized approximately 1,100 pieces of art, including more than 600 pieces from a storage site in Saanich, over 300 in Langford, and more than 100 in Oak Bay. Some of the more valuable pieces, according to police, were estimated to be worth $85,000 each.

Lucyshyn was arrested on April 21, 2022, but was later released from custody. In May 2024, a fraud charge was formally laid against him.

Artwork Returned, but Some Remain Unclaimed

In a statement released on Monday, the Saanich Police Department confirmed that 1,050 of the seized artworks have been returned to their rightful owners. However, several pieces remain unclaimed, and police continue their efforts to track down the owners of these works.

Court Proceedings Ongoing

The criminal charge against Lucyshyn has not yet been tested in court, and he has publicly stated his intention to defend himself against any pending allegations. His next court appearance is scheduled for September 10, 2024.

Impact on the Local Art Community

The news of Lucyshyn’s alleged fraud has deeply affected Vancouver Island’s art community, particularly collectors, galleries, and artists who may have been impacted by the gallery’s operations. With high-value pieces from artists like Emily Carr involved, the case underscores the vulnerabilities that can exist in art transactions.

For many art collectors, the investigation has raised concerns about the potential for fraud in the art world, particularly when it comes to dealing with private galleries and dealers. The seizure of such a vast collection of artworks has also led to questions about the management and oversight of valuable art pieces, as well as the importance of transparency and trust in the industry.

As the case continues to unfold in court, it will likely serve as a cautionary tale for collectors and galleries alike, highlighting the need for due diligence in the sale and appraisal of high-value artworks.

While much of the seized artwork has been returned, the full scale of the alleged fraud is still being unraveled. Lucyshyn’s upcoming court appearances will be closely watched, not only by the legal community but also by the wider art world, as it navigates the fallout from one of Canada’s most significant art fraud cases in recent memory.

Art collectors and individuals who believe they may have been affected by this case are encouraged to contact the Saanich Police Department to inquire about any unclaimed pieces. Additionally, the case serves as a reminder for anyone involved in high-value art transactions to work with reputable dealers and to keep thorough documentation of all transactions.

As with any investment, whether in art or other ventures, it is crucial to be cautious and informed. Art fraud can devastate personal collections and finances, but by taking steps to verify authenticity, provenance, and the reputation of dealers, collectors can help safeguard their valuable pieces.

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Ukrainian sells art in Essex while stuck in a warzone – BBC.com

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Ukrainian sells art in Essex while stuck in a warzone  BBC.com



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Somerset House Fire: Courtauld Gallery Reopens, Rest of Landmark Closed

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The Courtauld Gallery at Somerset House has reopened its doors to the public after a fire swept through the historic building in central London. While the gallery has resumed operations, the rest of the iconic site remains closed “until further notice.”

On Saturday, approximately 125 firefighters were called to the scene to battle the blaze, which sent smoke billowing across the city. Fortunately, the fire occurred in a part of the building not housing valuable artworks, and no injuries were reported. Authorities are still investigating the cause of the fire.

Despite the disruption, art lovers queued outside the gallery before it reopened at 10:00 BST on Sunday. One visitor expressed his relief, saying, “I was sad to see the fire, but I’m relieved the art is safe.”

The Clark family, visiting London from Washington state, USA, had a unique perspective on the incident. While sightseeing on the London Eye, they watched as firefighters tackled the flames. Paul Clark, accompanied by his wife Jiorgia and their four children, shared their concern for the safety of the artwork inside Somerset House. “It was sad to see,” Mr. Clark told the BBC. As a fan of Vincent Van Gogh, he was particularly relieved to learn that the painter’s famous Self-Portrait with Bandaged Ear had not been affected by the fire.

Blaze in the West Wing

The fire broke out around midday on Saturday in the west wing of Somerset House, a section of the building primarily used for offices and storage. Jonathan Reekie, director of Somerset House Trust, assured the public that “no valuable artefacts or artworks” were located in that part of the building. By Sunday, fire engines were still stationed outside as investigations into the fire’s origin continued.

About Somerset House

Located on the Strand in central London, Somerset House is a prominent arts venue with a rich history dating back to the Georgian era. Built on the site of a former Tudor palace, the complex is known for its iconic courtyard and is home to the Courtauld Gallery. The gallery houses a prestigious collection from the Samuel Courtauld Trust, showcasing masterpieces from the Middle Ages to the 20th century. Among the notable works are pieces by impressionist legends such as Edouard Manet, Claude Monet, Paul Cézanne, and Vincent Van Gogh.

Somerset House regularly hosts cultural exhibitions and public events, including its popular winter ice skating sessions in the courtyard. However, for now, the venue remains partially closed as authorities ensure the safety of the site following the fire.

Art lovers and the Somerset House community can take solace in knowing that the invaluable collection remains unharmed, and the Courtauld Gallery continues to welcome visitors, offering a reprieve amid the disruption.

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