Going by Adam Davidson’s logic in his recent New York Times Magazine article—the art market is “a proxy for the fate of the superrich themselves”—fans of the 1 percent will be thrilled to hear that sales were full speed ahead at least week’s Art Basel fair, despite Greece and Spain and myriad other global economic woes. One afternoon, an artist turned up outside the convention center with an unsanctioned artwork—a giant mousetrap poised to snap on a bunch of giant euros—and was swiftly removed by a bunch of guards, Masque of the Red Death-ishly. Read More
Art Basel 2012
It’s raining money over there at Art Basel! Someone just snapped up a Richter that was reportedly priced above $20 million at Pace’s booth. On the more modest end of the spectrum, young artists Simon Denny and Karsten Födinger are set to receive checks for 30,000 Swiss francs ($31,300) as the winner’s of the fair’s annual Baloise Art Prize, which goes to the best contributions to its Art Statements section. Read More
Blouin Artinfo’s Judd Tully reports that a Gerhard Richter at Pace’s Art Basel booth sold today for an undisclosed sum. The work, an abstract from 1986 titled A.B. Courbet, was listed for an undisclosed sum over $20 million.
The public rarely hears about sales that high at art fairs. This past spring at the Read More
Art Basel 43 in Basel, Switzerland—where most everyone in the art world happens to be at the moment—has gotten off to a swift start. There have been notable sales by artists Philip Guston, Rosemarie Trockel, Bruce Nauman, Mickalene Thomas and many more, as well as details that inspire an eyebrow lift or two. (Gagosian’s Read More
With the first VIP day of Art Basel 43 now over, we’ve reached out to a handful of dealers to ask what they’ve been selling.
We’ve copied the formatting from our various sources, since people answered the question in different ways, and in different currencies. This is to be considered “raw data,” as it were, Read More
David Zwirner gallery is bringing a lot of fine art to Art Basel next week. So much, in fact, that it has printed an entire separate catalogue to advertise it. Read More
Art Basel released its exhibitor list today, and there is at least one surprise appearance on it: Eigen+Art, the Berlin/Leipzig gallery that was excluded from last year’s fair, causing owner Gerd Harry Lybke to declare, “They messed with the wrong person.” (He also noted that, as a former resident of East Germany, he “faced the Stasi and I’ll face other bad guys.” Wow.) Read More