By Nicholas Forrest
The 2017 edition of Art Basel in Basel is a welcome distraction from the doom and gloom that has dominated the headlines throughout Europe and the world in recent months. And if early sales are anything to go by, the art world is getting on with the job of buying, selling, and promoting art, with Art Basel’s 48thedition in Basel injecting a bit of joy and hope into the world with reports of buoyant sales and strong attendance from some of the art world’s most important influencers. It’s a solid start for the fair, which continues until June 18.
Some of the most significant early sales include an oil painting on canvas by Philip Guston for USD 15 million at Hauser & Wirth; a painting by Gerhard Richter for close to USD 5 million at Di Donna Gallery, which is participating at Art Basel in Basel for the first time; a chromogenic color print by Cindy Sherman for USD 1.5 million at Metro Pictures; 7 paintings and 5 photographs by Saul Lieter, each within the range of USD 10,000 to 30,000 at Howard Greenberg Gallery; and Jean-Michel Basquiat’s
“Three Delegates” 1982 at Acquavella Galleries...