🌟 Rising Artist

🤔 What you need to know: Gisela McDaniel is a Nebraska-born, Detroit-raised artist, currently making her mark from New York. She’s giving a voice—literally—to BIPOC women and nonbinary New Yorkers. Imagine striking oil portraits infused with Guam’s jungles as the backdrop. Now, add voice recordings from the subjects themselves. Yep, her art talks back, thanks to some savvy motion-sensor tech. Her work has dazzled at high-profile spots like Kunsthalle Düsseldorf, and this year she's taking over London's Pilar Corrias Gallery. Themes? Empowerment, survivorship, and challenging the systemic muffling of marginalized voices.

✅ Recent career milestone: McDaniel gained representation with the Pilar Corrias Gallery in the spring of 2020, solidifying her place in the contemporary art market. Her work has been part of numerous group exhibitions including "The Inescapable Intertwining of All Lives" at Kunsthalle Düsseldorf in 2023. Moreover, she has solo exhibitions under her belt, and her work is now part of ICA Miami's collection.

😍 Why I Like It: If a picture's worth a thousand words, McDaniel’s are worth a full-blown manifesto. Her art talks—literally—and listens, embracing high-tech motion sensors and audio interviews to create an immersive experience. It's as if she's weaponized empathy through art, challenging traditional power dynamics one brushstroke and one audio clip at a time. Through the inclusion of indigenous landscapes and the lived experiences of her subjects, McDaniel doesn’t just defy norms—she sets new ones. Keep your eye on this one; she’s a walking revolution in art form.

🧐 Collector's Corner

🔍 Collector Close-Up: Haryanto Adikoesoemo is not your typical corporate boss; he's also a heavy hitter in the art world. As the president of AKR, one of Indonesia's industrial giants, he's leveraged his business success to amass a stellar art collection over two decades. Filled with around 800 works, his collection is a balanced mix of Western big names like Jeff Koons and Andy Warhol, and treasured Indonesian artists such as Affandi and Srihadi Soedarsono. Beyond just collecting, Haryanto puts his art to work for the public good: he founded Jakarta's Museum MACAN to boost art education and community engagement in Indonesia. Whether it's snapping up pieces before they hit it big or buying art that emotionally resonates, Haryanto shows that in the art world, he's both a savvy investor and a passionate advocate.

💎Key Artists in the Collection:

• Jeff Koons: Known for his kitschy, larger-than-life sculptures.

• Andy Warhol: The Pop Art genius needs no introduction.

• Mark Rothko: Famous for his hypnotic color fields.

• Gerhard Richter: A versatile powerhouse in both abstract and photorealistic art.

• Affandi: One of Indonesia's most beloved artists.

• Entang Wiharso: Known for intricate paintings and installations that explore social issues.

💭 Your Questions Answered

Thinking of cashing in on that hot new piece you just added to your collection? Pause for a second. In the art world, nobody wants the label of a "flipper"—a person who buys artworks only to unload them at a quick profit. This week's question is:

How long should you hold onto an artwork before selling it, to avoid the dreaded 'flipper' tag?

Most galleries have a "three-year rule" listed on their invoices. That means you should ideally keep the artwork for at least three years before selling it. While this isn't legally binding, it's considered good manners in the art world.

Here's a tip: If you're tempted to sell, especially because the value of your piece skyrocketed, go back to the gallery where you bought it. They often have waiting lists of collectors and can help you sell the artwork at a strong price. Selling it this way is less risky than putting it up for auction, where a poor performance can hurt the artist's reputation and your relationship with the gallery.

Remember, the art community is small and word travels fast. If you're serious about collecting, the best practice is to buy what you love, not just what you think will increase in value. Playing by these unwritten rules not only keeps you in good standing but also enriches your experience as a collector.

🔗 Market Stories

• Paris Internationale is rolling out its ninth edition from October 18–22. The guest list? A delicious blend of familiar faces like Chapter NY and KOW, spiced up with newbies like Empty Gallery and Piktogram.

• August’s auction charts? They were on fire with Indian artist Sayed Haider Raza's 1989 stunner "Gestation" fetching $6.2 million.

• Christie's and Sotheby's? They're in a money marathon, raking in millions from Shanghai to Hong Kong. Meanwhile, Chara Schreyer's estate could pocket up to $70 million at Sotheby's October Contemporary Sales. Spotlight's on Frank Stella's "Honduras Lottery Co." with an estimated tag of $10–$15 million 🤑

• Representation roulette is spinning again—Perrotin’s snagged Julian Charrière, while Rachel Uffner Gallery added double treats, Sacha Ingber and Talia Levitt. In other real estate news, Voloshyn Gallery from Kyiv and Wschód from Warsaw are setting up stateside outposts because, hey, art fairs are pricey!

• Sad farewells and hellos—Tribeca's Queer Thoughts is closing shop, while Castello di Rivoli welcomes Francesco Manacorda as the new captain steering the ship post-Carolyn Christov-Bakargiev.

• In tech? New AI generator is in the hood, and it's rolling with Getty Images. U.S. Copyright Office? They just broke Jason Allen’s heart, ruling his award-winning artwork ineligible for copyright.

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