The The Canvas: Art Basel 2017 Public Opening: Sales, News, & Links- June 16th Edition

THE CANVAS

Art Basel 2017 Public Opening: Sales, News, & Links- June 16th Edition

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Art Basel Selected Sales from Public Opening

Metro Pictures:
A Robert Longo "Men in the Cities" work for around $500,000

An untitled Cindy Sherman piece for between $1 million and $1.5 million


David Kordansky Gallery:
Harold Ancart, Untitled, 2017: $95,000

John Armleder, Untitled, 2017: $150,000

Aaron Curry, Real Unreal, 2017: $180,000

Rashid Johnson, Untitled Escape Collage, 2017: $215,000


Jack Shainman:

Kerry James Marshall, Untitled (London Bridge), 2016: $2.5 million


Luxembourg & Dayan:

Maurizio Cattelan, Untitled, 2009: $1.5 million


Lisson Gallery:
Carmen Herrera, Untitled, 1949: $750,000

Stanley Whitney, Midnight Run, 2017: $120,000

Leon Polk Smith, Constellation T, 1968: $150,000

 
News

A Happy Market Makes for a Happy Summer: As the Vernissage ended, the private jets departed and Art Basel opened its doors to the public, it became increasingly clear that this year's fair was turning out to be something special. Blue-chip dealers were effusive in their praise for the Swiss iteration of the fair, seven-figure sales were seemingly being closed every other hour, and you could practically feel the optimism and momentum permeating throughout the aisles of the Messe Basel.  

Sarah Hanson (The Art Newspaper), Nate Freeman (ArtNews), Judd Tully (ArtInfo), Julia Halperin (ArtNet), and Alexander Forbes (Artsy) all ran articles for their respective outlets throughout the week that touted the strength of the fair and what it might portend for the overall market as we head into the summer and second half of 2017. 

As Ted Loos astutely pointed out in the New York Times, this year's fair comes amidst a 'once-in-a-decade' confluence of art events taking place on the Continent. Between "the every-other-year Venice Biennale (on view until Nov. 26); the every-five-years Documenta (through July 16 in Athens, and from June 10 to Sept. 17 in Kassel, Germany); and the every-10-years Sculpture Projects Münster (from June 9 in Münster, Germany)", collectors have a unique opportunity to see new works by some of the world's most prominent and important artists and then head straight to Art Basel to buy a piece or two for themselves. [The New York Times


Extra Reading
Judd Tully's recap from the third day of the fair strongly emphasizes the strength and momentum of the buying currently taking place. It can be found on his personal website, JuddTully.net

Sarah Hanson describes the upbeat mood and positive outlook of the first two days of the fair over at The Art Newspaper. 

Ted Loos and Louis Lucero II offer their insights for the paper-of-record; with Loos covering the market and Lucero focusing on the Parcours sector. Both articles can be found in the Arts section of the New York Times. 


New York Museums June Openings
"Calder: Hypermobility" at the Whitney Museum of American Art, June 9th-October 23rd

"Frank Lloyd Wright at 150: Unpacking the Archive" at MoMA, June 12th-October 1st

"American Visionary: John F. Kennedy's Life and Times" at the New York Historical Society, June 23rd- January 7th

"The Body Politic: Video from The Met Collection" at The Metropolitan Museum of Art, June 20th- September 3

"Mystical Symbolism: The Salon de la Rose+Croix in Paris, 1892-1897 at the Guggenheim, June 30th-October 4th