What sold on Art Basel's first VIP day: from a $22.5m Bourgeois spider to a huge $2.5m Richter sculpture
Despite fears of a market slowdown, clients were spending at a packed Art Basel
Source: theartnewspaper.com
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Despite fears of a market slowdown, clients were spending at a packed Art Basel
If you want to know how the art market is performing, one benchmark is how big-ticket artworks sold on the first day of Art Basel.
With several trophies being offered at a significant markup, the stage is set for a test of the top of the market's resilience.
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