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As Art Basel opens, buyers confront a 'cooling' but still very active market

As Art Basel opens, buyers confront a 'cooling' but still very active market

The Peninsula
Wednesday, June 12, 2024 02:40:17 PM UTC

BASEL, Switzerland: Multi million dollar works by Jean Michel Basquiat, Yayoi Kusama and Alberto Giacometti went on the market this week as fair Art B...

BASEL, Switzerland: Multi-million-dollar works by Jean-Michel Basquiat, Yayoi Kusama and Alberto Giacometti went on the market this week as fair Art Basel opened in Switzerland.

Thousands flooded the exhibition center for VIP previews before doors open to public on Thursday. Arriving guests strolled through a large plaza filled with stems of wheat resembling a field, a work by conceptual artist Agnes Denes that was first staged in 1982.

More than 280 international galleries exhibited everything from paintings and sculpture to video installations and performance art.

"Art Basel is like the Super Bowl of the art world,” art market expert Magnus Resch said.

Read full story on The Peninsula
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