Day Two Art Basel Sales Report: Buyers Keep Flocking to Gallery Booths
Today was fast and furious.
The pace of sales at the latest edition of Art Basel continued at a fast and furious pace on the second day of the fair, as numerous galleries reported major sales of blue-chip works in the six- and sometimes seven-figure range.
Here is a recap of sale highlights from day. Prices are listed where dealers provided them to artnet News.
New York’s Petzel gallery sold a painting by Thomas Eggerer, Grey Harvest (2013), for $100,000, and a Wade Guyton U Sculpture (v. 7) (2007) for $490,000.
The gallery also placed: a painting by Sean Landers, famous for his depictions of flannel coated animals in the wild, for $100,00; a painting by Charline Von Heyl for $150,000; a graphite sculpture by Adam McEwen for $100,000; and various glass lamp sets by Jorge Pardo at prices ranging from $85—100,000.
In addition to several sales reported on the first day, Skarstedt gallery added Thomas Schütte’s Grober Geist Nr 6 (1998) to the list of sold works for a hefty $5 million.
Another George Condo painting, titled, The Madman (2005), also sold on an asking price of $650,000.
Los Angeles gallery Blum & Poe also reported a fresh round of sales, including an oil on canvas by Ha Chonghyun, titled, Conjunction 92–99 (1992) that went for $220,000 as well as two more works by Lee Ufan that went for $1,100,000 and $900,000 respectively.
Three works by artist Kwon Young-woo sold for $55,000, $80,000, and $130,000 respectively.
Among sales at New York gallery Mitchell-Innes & Nash were Allan D’Arcangelo’s Marilyn (1962), in the range of $500,000.
Among numerous other sales were a Roy Lichtenstein work on paper that sold in the range of $150,000, Karl Haendel’s Extremely Attractive, Socially Conscious, Abidingly Wed (2015), pencil on folded paper, which sold for about $10,000; and a sculpture by Amanda Ross-Ho that sold in the same price range.
Works by more established artists that sold included a 1955 Lucio Fontana painting, which sold within range of its $400,000 asking price.
Fergus McCaffrey, who operates galleries in New York, and St. Barth’s sold a dozen works by the second day, from his selection of postwar Japanese artists juxtaposed with Italian avant-garde artists from the same period. Prices ranged from $25–$650,000. The gallery said that most of the buyers were new clients.
Hauser & Wirth, which has spaces in Zurich, New York, and London, sold several Louise Bourgeois sculptures at prices above $2 million each, as well as work by Isa Genzken, Ron Mueck, Zhang Enli, Rashid Johnson, and Pipilotti Rist.
White Cube (London, Hong Kong, and Sao Paulo) reported it sold a work by David Hammons, Traveling, (2002), comprised of “Harlem earth on paper,” with a black cloth suitcase.
For related coverage of Art Basel see:
Collectors Swoon Over Young Galleries at Art Basel’s Statment Sector
Art Basel Dealers Report Tsunami of Sales In Fair’s First Hours, and
Unlimited Is The Most Talked About Highlight at Art Basel
Pretentious Tino Sehgal Delivers Absurd Talk at Art Basel
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