Here are the galleries and artists that made the most out of the global art fair.
This year marks Art Basel Hong Kong’s return after the pandemic put a stop to in-person gatherings.
Top-tier global galleries claim that sales have been very promising, with some booths even selling out on the first day.
“There is a feeling of euphoria over this edition,” said dealer-auctioneer Simon de Pury.
“International visitors are elated, locals are equally excited with the mask obligation having been dropped. Hong Kong is clearly back!”
Here are some of the top sales galleries have made at Art Basel Hong Kong 2023.
Hauser & Wirth
The Swiss contemporary and modern art gallery just announced that it will be moving to a new Hong Kong space at 8 Queen’s Road Central.
At this year’s Art Basel, Hauser & Wirth sold Mark Bradford’s A Straight Line (2023) for $3.5 million on the first day.
The next day, George Condo’s Purple Compression (2011) was sold to a private collection for $4.75 million, while a glass sculpture by Roni Horn went for $1.75 million.
Thaddaeus Ropac, which has galleries across Europe and Asia, sold Georg Baselitz’s Für links, Richtung Westen (2021) for $1.53 million.
Ota Fine Arts
The gallery, established in 1994 in Tokyo, has defined itself as being a pioneer of Japanese contemporary art.
It has promoted Japanese artists such as internationally-acclaimed Yayoi Kusama since its inception.
At this year’s Art Basel, Ota Fine Arts sold one of Kusama’s “Pumpkin” sculptures (2022) for $3.5 million.
Fergus McCaffrey, founded in 2006, has been internationally recognized for its role in promoting the work of post-war Japanese artists.
Gutai artist Kazuo Shiraga’s Kisan (1991) was sold at the art fair for $5 million.
The women-owned gallery sold several million dollar pieces. A new Beeple kinetic video sculpture, S.2122, was sold with an asking price of $9 million. The piece was also inclusive of an NFT.
Pablo Picasso’s Fillette au Béret (1964) went for an asking price of $5.5 million while Nicolas Party’s Birds Fighting for Worms (2017) was sold with a $2.8 million asking price.
Banner image via Instagram @lgdr.art.