Art Basel Miami Beach Vernissage Day Two
Art Basel Preview Day Selected Sales
While the champagne is flowing and the sales are rolling in, the roads to and around the Miami Beach Convention Center are paved with potholes, detours, and traffic snarls (but honestly, did you expect anything less?).
We'll have a full recap at the end of the week but for now, enjoy the fair(s) and try not to get too frustrated with the city of Miami Beach for all of the construction. We hear that the powers-that-be at Art Basel aren't too happy themselves...
Hauser & Wirth
Bruce Nauman, Untitled (Two Wolves, Two Deer) 1989: $9.5 million
Mark Bradford, Moon Rocks, 2017: $5 million
Neo Rauch, Tank: $1.2 million
Yayoi Kusama, Standing at the Flower Bed, 2013: $1 million
David Kordansky Gallery
Jonas Wood, DKG NPP #1 (2017), $275,000
Jonas Wood, DKG NPP #2 (2017): $275,000
Jonas Wood, Maritime NPP #8 (2017): $250,000
Jonas Wood, WKS NPP #6: $250,000
Richard Aldrich, Enter the Mirror, 2016 (2010): $100,000
Lesley Vance, Untitled, 2017: $75,000
Michel Francois, Instant Gratification, 2012: $60,000
Ivan Morley, A True Tale, 2017: $50,000
Spotted: Brad Pitt, Owen Wilson, Leonardo DiCaprio, Michael Bay, Amar'e Stoudemire Chuck Close, Mark Bradford, Jorge Perez, Irma and Norman Braman, Dasha Zhukova
News You Need to Know
At about 6pm yesterday evening, phones buzzed and heads turned throughout the Miami Beach Convention Center as fairgoers were alerted to the news that the buyer for Leonardo da Vinci's $450 million dollar "Salvator Mundi" painting was none other than the Saudi prince, Bader bin Abdullah bin Mohammed bin Farhan al-Saud.
Needless to say that this came as a shock to most attendees as most solid information had the buyer coming out of the tech industry in Silicon Valley (with Bill Gates and Jeff Bezos among the favorites). The Canvas even witnessed one astonished woman drop her Ruinart champagne glass in astonishment at the news.
While word had begun to leak out at the beginning of the day- with the Louvre Abu Dhabi tweeting that the famous painting would be making a stop at the newly opened museum next year- most art world insiders were still scratching their heads by the time David D. Kirkpatrick broke the news for the New York Times via some impressive investigative reporting.
The little-known Saudi prince isn't known to have any particular interest in art (Christie's lawyers engaged in some frantic, last-minute due diligence in the 48 hours before the sale) and it's not entirely clear where the source for his wealth stems from. Regardless, the young(ish) prince is now the proud owner of the most expensive piece of art ever to be sold. After he completes his six monthly payments of $58,385,416.67. [New York Times]
Further Reading: Picture Edition
Couldn't make it down to Miami this year? The editors at ArtNews have put together a handy compilation of pictures from yesterday's VIP preview at Art Basel Miami Beach. Check out all the art here.
Prada celebrated the opening of its new store in the Design District on Tuesday night. Guests included Victoria's Secret model, Adriana Lima, Rita Ora, Miuccia Prada, Ricky Martin and Wyclef Jean. The New York Times Styles section has all the glossy pictures here.
W Magazine and the ICA Miami hosted a dinner at a pretty glitzy private residence on South Beach. Boldfaced names included Stefano Tonchi, Diplo,Daniel Arsham, Pari Ehsan, Jean Pigozzi, and Jeremy Scott. Scroll through all the BFA pictures here.
Five Art Basel Miami Beach Booths You Need to See: Take Two