Art Basel Edition Day Two (VIP Day)- Sponsored by Art Miami

And We're Off 


Art Basel Miami Beach kicked off to a refreshingly strong start today with a number of galleries selling high profile works within the first few hours of the fair's opening. With some wondering whether yesterday's stock market nose-dive and the continued jitters over a trade war with China would have an inimical effect on the traditionally brisk pace of sales on the fair's opening day, The Canvas can report that multiple dealers were genuinely happy with the results from today's VIP preview. Many are expecting a steady (if not spectacular) stream of sales to continue over the coming few days and are taking today's results as a positive omen for the market heading into 2019. 

Lévy Gorvy sold a number of works priced under $1 million, including the sale of Adrian Piper’s installation “Race Traitor” (2018) to a North American foundation, with an asking price of €175,000 EUR. David Zwirner sold works by Lisa Yuskavage  Lisa Yuskavage painting, a Yayoi Kusama painting, a painting by Michaël Borremans, a Oscar Murillo painting for $380,000, a Harold Ancart painting for $150,000, a historic Kerry James Marshall painting from 1991, multiple works by Wolfgang Tillmans, multiple works by Raymond Pettibon and a sculpture by Ruth Asawa. (coming off her critically acclaimed solo show at the gallery), Yayoi KusamaMichaël Borremans, a historic Kerry James Marshall painting from 1991, and multiple works by Wolfgang Tilmans. And Hauser & Wirth was perhaps the clearest winner of the day with multiple works selling for mid to low seven figures. For a complete round up of sales at the different galleries, please see below. 

David Zwirner

An Oscar Murillo painting for $380,000
An Harold Ancart painting for $150,000

Pace Gallery

Larry Bell "Untitled" (1970) for $250,000 
Mary Corse "Untitled (Electrical Light)" for $180,000 
James Turrell "Untitled (XXXII G)" for $150,000 
Peter Alexander "Time Flies By" for $125,000 
Peter Alexander "I Remember When it was All Orange Groves" for $110,000 
Peter Alexander "3-23-18 (Pink Wedge)" for $40,000 
Peter Alexander "6-1-17 (Flo Lime White Box)" for $40,000 

Kasmin Gallery 

Lee Krasner "Bird Image" for $3,600,000
Lee Krasner "Water No. 14" for $375,000 
William N. Copley "Why Are You Staring" for $275,000 
William N. Copley "Untitled" (1990) for $225,000 
Elliott Puckette "Untitled" (2016) for $70,000 
Mark Ryden "The Carriage (drawing)" for $25,000

Hauser & Wirth

Philip Guston "Shoe Head” (1976) for $7.5 million
Mark Bradford painting for $5 million to an American institution 
Charles Gaines painting for $265,000 to a European foundation 
An Amy Sherald painting for $175,000 
Philip Guston painting for $2,750,000 to a European collection
A Paul McCarthy sculpture for $1,200,000 to a collection in Asia
Several works by Günther Förg ranging from $200,000 to $600,000 
Multiple works by Larry Bell including an early painting for $2,000,000, an early sculpture for $550,000, and two new sculptures for $100,000 each to a collection in Miami

The Canvas will continue reporting sales announcements from the fair in tomorrow's edition featuring high profile sales from Mnuchin, Blum & Poe, White Cube, David Kordansky, Perrotin, James Cohan, Lehmann Maupin, as well as a number of secondary market galleries. 
 

 

The Canvas will return with our usual "Three Things People Are Talking About" section in tomorrow's edition of the newsletter. We're just too tired from all the parties last night, and from walking around the convention center all day long to do the section justice in today's edition. In the meantime, here's a roundup of anyone who's anyone The Canvas has spotted around Miami so far this past week: 

Chuck Close, Daniel Arsham, Charles Gaines, Leonardo DiCaprio, Brett Ratner, Martin Z. Margulies, RoseLee Goldberg, Richard Prince, Richard Armstrong, Hans Ulrich Obrist, the Rubells, Tiffany Zabludowicz, Sarah Arison, Swizz Beatz, Mickalene Thomas, Ellie Goulding, KAWS, Stefano Tonchi, and Judy Chicago. 

 

The Six Satellite Fairs Worth Seeing

Untitled 

Art Miami

NADA 

Scope 

Design Miami

Pulse 


The Party Circuit 

The MoMA Film Benefit: A Tribute to Martin Scorsese (Spotted: Robert DeNiro, Jonah Hill, Leonardo DiCaprio, Glenn Lowry, Larry Gagosian, Leon Black, Sarah Arison, Tico Mugrabi, Zac Posen, Spike Lee, and John Currin)

Chloé and Museum of Contemporary Art: Fourth Annual Dinner at The Geffen Contemporary at MOCA (Spotted: Klaus Biesenbach, Jennifer Guidi, Emma Roberts, and Lisa Love) 

Dinner in Honor of the Haas Brothers (Spotted: Sarah Arison, Jackie Soffer, Nikolai & Simon Haas, Dan Tanzilli, and David Grutman)