A work by Xavier Veilhan perched in front of the entrance to Artmonte-carlo 2021 on the Esplanade Grimaldi Forum Photo: Julien Gremaud Artmonte-carlo (15-17 July) opened in the glamorous, sun-drenched principality of Monaco with preview for collectors on Wednesday. The mood at the fair’s fifth edition was buoyant despite a decrease in exhibitors from 73 to just 27. Held in a different part of the Grimaldi Forum due to the downsizing, it retains its “salon d’art DNA” atmosphere, with a premier league level of exhibitors. And most galleries have brought over a broad offering to appeal to the collector base in Monaco, which is known as a tax haven for multi-millionaires.