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Are Purported Ansel Adams Negatives Worth $200 Million? (ARTINFO)

LOS ANGELES – Rick Norsigian, the school maintenance worker who claims to have purchased 65 glass negatives created by photographer Ansel Adams at a garage sale 10 years ago, has returned to the spotlight, after a team of photography experts that he hired authenticated the works and pricing them at a hefty $200 million. Descendants of Adams, however, are not as confident about the find, telling press that the images of Yosemite and other national parks don’t look like the master’s work.

Norsigian has teamed with a Beverly Hills gallery — and, perhaps smartly, a law firm — to market prints from the negatives at relatively affordable prices. Darkroom prints are going for $7,500, digital productions are set at $1,500, and posters are selling for $45, the same price that the entrepreneur paid for all the negatives at the garage sale. Despite the formidable estimate placed on the value of those works, Norsigian says that he has no plans to sell the collection.

Bill Turnage, who worked as Adams’s manager for the last 12 years of the photographer’s life and administers the Ansel Adams Publishing Rights Trust, told the Wall Street Journal, "Do you have any idea how many people were photographing Yosemite in the 1920s and 1930s? Millions! It could be anyone." Much of Adams’s work from that time period was destroyed in a 1937 studio fire, making these images especially important, if they are accepted as authentic.

Frida Kahlo has also been the subject of posthumous authentication claims in recent years, but Turnage notes that authenticating photographs involves one component that makes it easier to handle that other mediums: if negatives weren’t used by Adams during his life, prints can’t be considered his work. "The negatives aren't worth anything, even the 44,000 at the University of Arizona, because Ansel isn't around to print from them," Turnage said.


Source: rss.news.yahoo.com
Link: Full Story

Comments
Thursday, July 29, 2010   04:02:59 a.m.
Awesome for the guy that found it. Admittedly, I hoped that f I sell something that turns out to be millions, the person who bought it from me will come back and write me a check for $1000. Ansel Adams would be happy to see the return on investment that happens. Rick Norsigian found a few dusty old boxes of glass negatives at a garage sale and bought them for a song. It took him 10 years but he’s finally convinced experts that the pictures were taken by Ansel Adams, photographer. Now he's poised to reap a crazy return on his $45 investment. The Ansel Adams garage sale photos are now being appraised for more than $200 million.

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MarkSmith
Isaac Julien's art seeks to 'allegorise' news tragedy (AFP)
Monday, September 06, 2010

British artist and filmmaker Isaac Julien, pictured in 2008, says his art film AFP - British artist and filmmaker Isaac Julien says his art film "Better Life" offers an allegory of the 2004 tragedy in which 23 Chinese cockle pickers drowned at Morecambe Bay, northern England.



Source: rss.news.yahoo.com
MarkSmith
Spruced Up, Van Gogh's "Bedroom" Returns to View (ARTINFO)
Saturday, September 04, 2010
ARTINFO - Vincent van Gogh spent much of his adult life alternately browbeating and charming his brother Theo into sending him money, since he was unable to generate much income selling his art. Theo unfailingly complied, but Vincent nevertheless lived a life of rather serious poverty. Thankfully, society treats the artist’s paintings a bit better than it did the artist who made them, as evidenced by the Van Gogh Museums announcement that, after six months of labor, his 1888 masterpiece, "The Bedroom," has been restored.
Source: rss.news.yahoo.com
MarkSmith
A Con Artist, a Secret Affair, and Drunken Debauchery Enliven New York's Corot Mystery (ARTINFO)
Saturday, September 04, 2010
ARTINFO - In a turn to a story that seems to have been tailor-made to relieve the late summer news doldrums, the courier who claimed to have lost a $1.35 million Corot painting while on a drunken bender at a New York hotel now appears to have been in the employ of a serial scam artist. The improbable imbroglio received its latest twist when it was revealed that Tom Doyle, the co-owner of the missing artwork, is really Thomas Doyle, a convicted crook who just got out of prison for, you guessed it, art theft, according to the New York Times.
Source: rss.news.yahoo.com
MarkSmith
ADVISORY-Lloyd Webber art exhibition story withdrawn (Reuters)
Saturday, September 04, 2010
Reuters - Please be advised that Friday's London story saying composer Andrew Lloyd Webber's private art collection is to go on show this month is wrong. The exhibition has already taken place. The following story has been withdrawn.
Source: rss.news.yahoo.com
MarkSmith
In Financial Jeopardy, the Seattle Art Museum Seeks a $10 Million Loan (ARTINFO)
Saturday, September 04, 2010
ARTINFO - Though corporate America appears to have weathered the worst of the housing-market collapse, the nonprofit sector is continuing to suffer from the weak economy. The latest organization to face considerable danger is the Seattle Art Museum, which has filed a motion in county court asking for approval of a plan to borrow $10 million from its $96 million endowment in order to avoid having to default on a loan that financed its 2007 downtown expansion.
Source: rss.news.yahoo.com
MarkSmith
Is Damien Hirst a Serial Plagiarist? (ARTINFO)
Saturday, September 04, 2010
ARTINFO - Damien Hirst has been accused of a lot of things in his day — from peeing in the sinks of posh Soho clubs in his early years to, of late, making "ugly, ugly, ugly" paintings — and one of the more persistent allegations has been that the bad-boy YBA is a little too quick to steal other artists' ideas. Now this complaint has been vociferously resurrected by Charles Thomson, co-founder of the Stuckist movement, who is accusing Hirst of plagiarizing at least 15 of his most famous works, including his medicine cabinets, spin paintings, diamond-encrusted skull, and pickled shark.
Source: rss.news.yahoo.com
MarkSmith
Billionaire Carlos Slim Readies $750 Million Mexico City Museum (ARTINFO)
Thursday, September 02, 2010
ARTINFO - Mexico City’s burgeoning art scene will welcome a new private museum in November, when billionaire collector Carlos Slim inaugurates a new branch of his Soumaya museum. The $750-million project — that’s 50 percent more than SFMOMA plans to spend on its recently announced expansion, for those keeping track at home — has been designed by Slim’s son-in-law Fernando Romero and is already under construction in western Mexico City, according to Reuters.
Source: rss.news.yahoo.com
MarkSmith
From Black Light to Blackout, How a Drunk Man Lost a $1.4 Million Corot Painting (ARTINFO)
Thursday, September 02, 2010
ARTINFO - Here’s a story, sad but true, about a man who took a coy-looking female to a hotel, then got drunk and lost her. Unfortunately for this man, an art courier named James Carl Haggarty, his lady friend was highly two-dimensional. In fact, she was contained within a painting — none other than "Portrait of a Girl," a 19th-century work by Jean Baptiste Camille Corot with an estimated value of $1.4 million, which Haggarty was taking to show to a potential buyer. In a lawsuit filed against Haggarty by Kristyn Trudgeon, the majority owner of the portrait, she states that Haggarty woke up to find that he "did not have the painting and could not recall its whereabouts, citing that he had too much to drink the previous evening." Whoops.
Source: rss.news.yahoo.com
MarkSmith
Zimbabwean Artist to Stand Trial for Massacre Paintings (ARTINFO)
Thursday, September 02, 2010
ARTINFO - Zimbabwean painter Owen Maseko will go to trial later this month in his native country for exhibiting realistic depictions of massacres that took place three decades ago under the regime of Robert Mugabe, who served as prime minister at the time. The artworks — some small, others wall-engulfing murals — depict images of political events that, according to government authorities, are prohibited under current law.
Source: rss.news.yahoo.com
MarkSmith
Riding Market Surge, Saffronart Offers $6.5 Million Modern and Contemporary Indian Art Auction (ARTINFO)
Thursday, September 02, 2010
ARTINFO - Looking to improve on its $6.7 million haul at its June auction of Modern and Contemporary Indian art, fledgling Mumbai–based auction house Saffronart has announced that it hopes to net $6.5–$8.7 million at its September edition of the auction. Set for September 8 and 9, the 90-lot sale includes work by 43 artists, including the big-name masters — like S. H. Raza and N. S. Harsha — that have proven to be the auction house’s bread and butter in recent sales.
Source: rss.news.yahoo.com



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