Stay updated with breaking news from Alexandre Errera. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The art world descended on Art Basel Miami Beach on Tuesday, with millions of dollars' worth of sales cemented within the first few hours.
Illustration: © Katherine Hardy This article was featured in our Art Market Eye newsletter. For monthly commentary, insights and analysis from our art market experts straight to your inbox, sign up While the Western art market is still in recovery mode, the Asian market is forging ahead. Frantic bidding in Hong Kong in December saw new records set at Phillips and at Christie’s for young artists, from Salman Toor, Nicolas Party, Amoako Boafo, Shara Hughes, Dana Schutz and (predictably) the late Matthew Wong, as well as strong prices for older names such as Yayoi Kusama, Yoshitomo...