Art Basel Miami turn 20!

Since its start in 2002, Art Basel Miami has become a cultural meeting point in the art world between North and Latin America. Leveraging a diversity of work and exhibitors as part of its appeal.

Image Credit: Art Basel

This year Art Basel showcased a significant amount of art from the Americas, nearly two-thirds of this year’s participating galleries had gallery locations in North and South America, with especially strong presence of galleries from the United States, Mexico, Brazil, and Argentina. The show also featured standout presentations by galleries from Canada, Chile, Colombia, Cuba, Guatemala, Peru, Puerto Rico, and Uruguay, including newcomers Herlitzka + Faria from Barrio Norte, Paulo Kuczynski from São Paulo, and Rolf Art from Buenos Aires.

Now in it’s 20th year, the fair solidified its place in the art world with a record amount of exhibition space – Timothy Taylor told Art Basel that this was his eponymous gallery’s “strongest Miami Beach outing to date.” He added, “The caliber of collectors in attendance was stellar, and we made significant sales to an international crowd as well as a number of collectors with homes in South Florida.”

TOP SALES:

In addition to the previously reported sales of Andy Warhol’s Flowers (1964) for $3.8 million and Agnes Martin’s Untitled #14 (1998) for $7 million, some other notable seven-figure sales include the following:

Gladstone Gallery sold a Keith Haring tarp painting, Untitled (1981), for $4.5 million.

White Cube sold a David Hammons piece for $3.8 million to a prominent museum, and several works by Michael Armitage in the range of $3 million–$4 million each.

Jack Shainman Gallery sold Kerry James Marshall’s We Mourn Our Loss #2 (1997) for $2.8 million.

Hauser & Wirth had several major sales: A Philip Guston oil painting, Studio in Small Town (1979), sold for $7 million; George Condo’s painting Love at First Sight (2002) sold for $3 million; and a Mark Bradford mixed-media piece, Conflagration (2022), sold for $2.8 million.

And of course, Art Basel wouldn’t be complete without with its jaw dropping, attention-grabbing, and avant-garde artists. This year the notables were:

  • Branded Merchandise, about a 1,000 t-shirts, from the fallen FTX cryptocurrency company were given away free, created originally as a gift for those who opened an account.
  • An exhibit about the female body was shut down after the artist started a live “milking the artist” demonstration.
  • An ATM that displayed attendees bank account balance
  • And a massive bowl of eggs.

In conclusion,

Art Basel Miami 2022 saw vigorous sales across all sectors with about 76,000 collectors and visitors in attendance form 88 different countries.

To read more visit Art Basel’s website.

To learn more about collector services, or being represented as a buyer at fairs like this visit our collector services page.