31 Jul 2008
30 Jul 2008
Metamorphoses by Jehangir Jani
Jehangir Jani, the Mumbai based artist was in town for the opening of his new exhibition ‘Metamorphoses’ comprising of fibreglass sculptures and drawings. I found his sculptures delightfully whimsical and suggestive of a trace of humour. The myriad heads are those of hybrid creatures – part human and part animal. The gold foil accentuates the animal characteristics against a featureless form of the black human head. Lionman, Elephantman, Rhinoman among other hybrid creatures surprise the viewer with their absurdity, craftsmanship and expressiveness. In these creatures of fantasy, the beastly quality presented against the stark and smooth metallic finish of the heads may even disturb the viewer. One feels that the animal traits in a human being are expressed with a sharp wit.
According to Jehangir, as we move towards being a more ‘civilised’ culture, we tend to suppress our animal instincts, but then it manifests itself in various other ways. He points out how the twentieth century was an era of discovery, knowledge acquisition and inventions, yet this phase was marked by wars and blood baths. Not to forget the growing number of troubled people turning to therapy.
I felt that the apparent contrast between the sophisticated appearance of the sculptures against the rawness of the drawings presents an interesting study. The drawings are in two sets, where the larger ones focus on internal strife and chaos, while the smaller works are darker and appear more intense, projecting the physical attributes of the brain itself in various adaptive stages in response to stimuli.
(The exhibition will be on till August 6 at Gallery Sumukha)
Digital Fix
On a completely different note, in this technological day and age you don’t expect anyone to be unfamiliar with either e-mails or use of computers. Well, there are artists who are far removed from technology, and rely completely on traditional methods of communication and painting. Then, there are artists who are so proficient with technical advances that they use it as a tool to create their art around it.
It is common to see artists taking digital photographs and modifying them with photo editing software - playing around with colours, backgrounds and other features (adding and deleting elements). And, some then print it on canvas and fill in the colours. There is a school of thought that believes that art should be completely done manually, and there are buyers reluctant to invest in such paintings (remember, here we’re not talking about digital art).
While, this is debatable, what the artist can do is to state clearly how the painting has been done and then leave it to the buyer to decide whether he wants to buy a digitally aided work or not.
(Published in Bangalore Mirror)
29 Jul 2008
Risks and returns in art investment
(Nalini S Malaviya)
Although, the art market cannot be directly compared with buying stocks, shares or mutual funds, there are a few similarities between them. In both the cases there is an element of risk involved and one needs to do a complete research before investing.
However, if one is buying art for its intrinsic value, then there is no risk attached and one can enjoy the artwork as long as they wish. However, when buying art for investment, the risk is linked to the investment cost and the projected returns.
Here too one can divide the investment portfolio according to the risk category and thereby distribute the risk factor.
The percentage of risk is highest when buying new and lesser-known artists. Investing in an artist who is well established and is doing well at international auctions also, is a safe option, however their prices may have already spiralled beyond the range of most investors. In such a case one can look at the next level of artists who are poised to hit the big league.
Having said that, the top category of senior artists is the safest option to invest in provided one’s budget has the flexibility. Next, one can also consider names that are performing consistently at international and domestic auctions and are associated with good quality works. Typically, this mid–segment bracket comprises of works of artists who are fairly established and are backed by an encouraging track record.
The high-risk segment would comprise works by promising artists who are in the process of getting established and are beginning to make a name for themselves. Investing in this group has the highest risk, but the returns can also be dramatic in the long term, provided the artist sustains himself and the Indian art market continues to grow at the present rate. In general, young artists who are promoted by credible art galleries are most likely to perform well in terms of their prices.
(Published in Financial Times)