Art Basel 2017 Preview Day 2: Sales, News, & Links- June 15th Edition

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Art Basel 2017 Preview Day 2: Sales, News, & Links- June 15th Edition

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Art Basel Selected Sales from Preview Day 2

Levy Gorvy:
Sigmar Polke, Untitled, 1976, for close to $12 million

Alberto Burri, Cretto, 1972, in the region of EUR 3.6 million

Gunther Uecker, Light, Shadow and Field, 1967, for close to $1.4 million

A Dan Colen work for $450,000

And five works by Carol Rama priced between EUR 180,000-500,000


Fergus McCaffrey:
Kazuo Shiraga, Sekirai, 1997, for $5 million


Mnuchin Gallery:

Agnes Martin, Untitled, 1988, for $5 million

Christopher Wool, Untitled, 2002, for $3.5 million

Mark Grotjahn, Untitled, 2004, for $300,000


Lehmann Maupin:

Mickalene Thomas, Pam Grier, for between $100,000-$150,000

Several works from Kader Attia have sold, including a new totem sculpture for between EUR 70,000-80,000


David Zwirner:

Alberto Burri, Sacco (Sack), 1954, for a cool $10 million


Skarstedt:

Eric Fischl, Turner, 2016, for $600,000

A trio of Thomas Schutte bronze heads from 2016 all titled "Wicht" and numbered 3, 4, and 7 for $1.95 million per Judd Tully


Edward Tyler Nahem:
Tom Wesselmann, Drawing for Nude on a Couch, 1971, for $4.4 million


Galerie Gmurzynska:

Roberto Matta, La Violence de la douceur, 1949, for $2.5 million


Galerie Thaddeus Ropac:

Sigmar Polke, Untitled, 1983-1984 for $4 million

Robert Rauschenberg, Lipstick (Spread), 1981 for $900,000

Robert Longo, Untitled (Eagle), 2017, for $500,000


Pace Gallery:

Song Dong, Through the Wall, 2016, for $300,000

Sol LeWitt, Hanging Structure 28 B, 1989, for $750,000

Tony Smith, Untitled, 1960, for $200,000

Lee Ufan, Dialogue, 2016, for $350,000


We'll have a few more selected sales in tomorrow's edition of 'The Canvas', including sales from Metro Pictures, Paula Cooper, Lisson Gallery, David Kordansky Gallery, Di Donna Gallery, and Jack Shainman Gallery.  

 
News & Links

The first step is admitting there's a problem: Who's to say how many times we've found ourselves in this position before, but at the end of May the New York Post's Page Six once again essentially predicted the imminent implosion of Louise Blouin's art publishing empire (which includes ArtInfo.com, Art+Auction magazine, & Modern Painters magazine).

Coming on the heels of the recent departures of executives David Gursky and Carmela Rea, Keith Kelly zeroed in on the announcement that Blouin was turning her last remaining 20-30 full time employees into contract workers. Inside sources within the company tell us that the situation is in fact quite dire and that going into work each day "feels like laying out on the deck chairs of the Titanic"

Couple that with Blouin's recent announcement that she's willing to negotiate on the price of her Hamptons estate on Gin Lane (which was originally listed for $145 million over a year ago) and the also recent lowering of the price of her penthouse in Tribeca (down to $29.95 million after being on and off the market for over three years) and it's hard not to see the writing on the wall...[NY PostMansion GlobalCurbed NY


"The Edge of Glory": In relatively under-the-radar news this past week, LACMA announced that it was adding three new members to its board of trusteesAllison Berg, a well known collector and philanthropist, Carter Reum, a Los Angeles based businessman, and Troy Carter, a respected venture capitalist and executive at Spotify. However, it was the addition of Carter that particularly caught our eye.

Before branching off into VC and Spotify, Carter used to be the omnipresent manager of pop superstar, Lady Gaga and still retains strong and influential ties throughout Hollywood and the music industry. While LACMA has been courting Hollywood benefactors for over a decade now as part of a self-admitted fundraising and promotion strategy, it should be interesting (and fun) to see what new connections and star power Carter can bring to the museum in the years to come. [ArtNews


Extra Reading
Judd Tully's market recap from the second day of the fair can be found on his personal site, JuddTully.net

Nate Freeman's recap and sales listing can be read over at ArtNews.com

Melanie Gerlis has an excellent piece describing the upbeat atmosphere and outlook at Art Basel in the Financial Times


New York Openings
Teju Cole at Steven Kasher Gallery on Thursday June 15th

"Fond Illusions" (group show) at Perrotin on June 21st

"Aspects of Abstraction" (also a group show) at Lisson Gallery on June 23rd

Carsten Holler at Gagosian (West 24th St) on Monday June 19th

"Lyric on a Battlefield" (group show) at Gladstone Gallery on June 23rd
 

Have tips, comments, feedback, or questions? Email us at Editorial@thecanvas.online. We'd love to hear whatever news, sales, or gossip you have to offer up!