Art Basel Miami Beach Sees Sales of Big-Ticket Artworks, Including Marlene Dumas Painting for $9 M
about 5 months ago (12/07/2023)
Art Basel Miami Beach’s Early Hours Sees Sales of Big-Ticket Artworks – ARTnews.com Skip to main content By Karen K. Ho Plus Icon Karen K. Ho Senior Writer, ARTnews View All December 7, 2023 6:10pm Work by Philip Guston on display at Art Basel Miami Beach Courtesy Art Basel Miami Beach The art industry has once again descended on Miami for a week of “parties, paintings, and pills” at Art Basel Miami Beach, with several galleries already reporting sales of works over $1 million. This year’s edition of ABMB takes place after a “fair and sober” evening auction season , but any concerns about international conflict or an economic recession were quickly mitigated during preview days. “Sales at the booth have been strong since the opening hours of the fair, signaling an optimistic shift in this year’s sleepier market and economy,” Lehmann Maupin partner Fionna Flaherty said in a press statement.