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Displaying items by tag: cheim & reid gallery

Tuesday, 11 December 2012 12:34

As Expected, Art Basel Miami Did Not Disappoint

After all of the galas, events, and parties that took place at Art Basel week in Miami died down on Sunday, December 9, it was clear that the show enjoyed another stellar year. In fact, many critics, exhibitors, and visitors deemed 2012 the best Art Basel presentation to date. Steady sales and a constant stream of visitors that totaled 70,000 were reported over the course of the five-day fair. Among the show’s patrons were over 130 museum and institution groups as well as powerful private collectors from across the globe. Exhibitor Adam Sheffer of Cheim & Read Gallery in New York said, “We were delighted again this year by the results of Art Basel Miami Beach. It remains the gold standard of the international art fair circuit.”

PULSE Miami, another contemporary fair that takes place during Miami’s art week, also reported stable sales and high attendance. In fact, the number of visitors to Ice Palace Studios where the show is held was up by 20% from last year. Cornell DeWitt, Director of PULSE Contemporary Art Fairs said, “We are thrilled by the increased number in attendance this year…Collectors at all levels purchased work ranging in price from mid-level well into six figures.” Works by major contemporary artists such as Chuck Close and Robert Longo, and William Eggleston were among the top sales.

With all of the attention and success that Art Basel week has garnered, collectors, exhibitors, and art enthusiasts are surely not wasting any time in making plans for next year’s trip to Miami.

Published in News
Friday, 12 October 2012 19:49

Frieze Masters Enjoys Serious Sales

The inaugural Frieze Masters fair is already drawing comparisons to TEFAF Maastricht, the pinnacle of Old Masters fairs that takes place annually in the Netherlands. Featured alongside the contemporary art world staple, the Frieze Art Fair, Frieze Masters has been watching the sales add up.

Highlights include a Louise Bourgeois bronze, Avenza Revisted (1968–69), that was sold by New York’s Cheim & Reid gallery for $1.5 million, Bruce Nauman’s installation, Parallax Shell (1971), along with the drawing for it, which was sold by Sperone Westwater (New York) for $2–3 million, and Pablo Picasso’s Homme et Femme au Bouquet (197) which brought in around $9 million during the fair’s preview thanks to Wan de Weghe Fine Art (New York).

Concluding on October 14, Frieze Master still has plenty of time to keep the sales coming.

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