The Back Room: Basel Beckons | Artnet News
This week: A breakdown of the biggest themes at Art Basel, Mondrian’s wonky market, a big moment for the Southeast Asian scene, and more.
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This week: A breakdown of the biggest themes at Art Basel, Mondrian’s wonky market, a big moment for the Southeast Asian scene, and more.
Plus, a major painting by Francis Bacon could fetch up to $40 million at auction, and the Smithsonian will return 29 Benin Bronzes.
Still, plenty shifted during the pandemic—socially, politically, and, of course, in the art market. Art Basel was an avatar for it all.
The 1958 Francis Bacon canvas, which Helly Nahmad gallery bought from the museum in 2019, was offered for $15 million.
Ten new records were set for works by artists such as Joel Mesler and Ewa Juszkiewicz, although the higher end of the market was cooler.