Art Basel defies economic jitters

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BASEL, SWITZERLAND – The world’s largest contemporary art fair, Art Basel, opened to private “First Choice” collectors Tuesday 12 June, with major galleries claiming solid sales in spite of ongoing international economic jitters. In talks with GenevaLunch, galleries refused, in their standard secretive mode, to divulge actual sales figures on the first day of the [...]

Art world turned on the taps in Basel

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BASEL, SWITZERLAND – Artists, galleries and the public went home happy from Art Basel when the doors closed Sunday evening. The bottom line was sales, which totaled $1.8 billion. Bloomberg says that sales returned to 2008 levels, and it reports that “Mark Rothko, Maurizio Cattelan, Anish Kapoor and Bridget Riley were among artists with pieces [...]