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Author Archives: mcculloughllc
From Koh Ker to Mediocre
A Sale Bombs and a Million Dollar Sculpture Lost in the Same Week. By Michael McCullough One of the affecting moments among many in Ben Affleck’s Argo is when the Hollywood producer Lester Siegel theorizes about why he was such … Continue reading
Posted in Culture, News
Tagged cambodia, pre-columbian, sculpture, seizure, sotheby's, stolen art
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The Economics of Art
By Michael McCullough From the Soft to the Nonexistent Middle Market Andy Warhol is quoted as saying “[a]n artist is someone who produces things that people don’t need to have but that he – for some reason – thinks it … Continue reading
Chasing Myanmar
By Michael McCullough The Global Art Market in 2012 I suppose I started to notice it about eight years ago, when art fairs became the major source of income for most new galleries. Before that, collectors were content to visit … Continue reading
Posted in Art, Culture, News
Tagged art fair, art gallery, art market, China, sotheby's, TEFAF
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A Crisis of Confidence?
By Michael McCullough The Economics of Authenticating Art In April of last year, I attended a gathering where Michael Straus of the Andy Warhol Foundation spoke about the foundation’s then recent decision to stop authenticating works by Andy Warhol. It … Continue reading
Our Greatness and Our Goods
A Letter from Deep in the Heart By Michael McCullough Most budget debates in the US Congress are conducted on an astonishingly low cultural and intellectual level, marked by both parties claiming clairvoyance over what is required to “make the … Continue reading
Posted in Art, News
Tagged artist, budget, Culture, LBJ, National Endowment for the Arts, sequester
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Presidential Power
From Drones to Drachms By Michael McCullough From the very beginning of the Republic, Americans have always delighted in accusing their chief magistrate of having totalitarian ambitions. With extraordinary derisiveness, every president since FDR has been called a “fascist” for … Continue reading
Posted in cultural property, Culture, News
Tagged Ancient Coin Collectors Guild, Ancient Coins, Presidential Power, Supreme Court
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Ownership Cui bono
American Law and Claims to Cultural Property By Michael McCullough There are so many important questions that people who write about cultural property issues never get around to asking. Fascinated as we all are to know the curious circumstance of … Continue reading
Posted in Art, cultural property, Culture
Tagged antiquities, art law, cambodia, cultural property implementation act, sculpture, seizure, sotheby's
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Writing a Wrong
New York Changes its Laws to Protect Artists By Michael McCullough In an interview in 1976 with Barbaralee Diamonstein-Spielvogel , the great dealer Leo Castelli said, “[t]he function of an art dealer, well, can be various; certainly, a good art … Continue reading