With $3 billion worth of art shown by 284 galleries, Art Basel—which closed on Sunday—was, this year, not only a commercial success that matched if not eclipsed prior showcases, but it also signaled a renewed interest on the part of audiences—whether serious collectors or recreational buyers—to invest in art in a way that has reinvigorated galleries. Some examples? Agnes Martin‘s 1966 […]
Art Basel Hong Kong: A Photo Recap
Art Basel Hong Kong wrapped last week. The 2015 showcase of the multi-location contemporary art fair (with outposts in Miami Beach and Basel) drew 233 galleries from some 37 countries, and scored big with visitors and buyers. Galleries enjoyed some healthy sales: David Zwirner Gallery reported the sale of Chris Ofili’s “Dead Monkey – Sex, Money and Drugs” (2000) for $2m, while Hauser and Wirth […]