fromThe Art Newspaper - International art news and events
20 hours agoNew tech and old names drive sales at Art Basel Miami Beach
South Florida's sunny skies proved an apt backdrop this week. Across Art Basel Miami Beach (ABMB), key industry figures are proclaiming the clouds hanging over the art market to have lifted. "The last two and a half years were really bad. But now we've moved onto the next 30-year cycle," says Pace's president Marc Glimcher. His gallery reported sales of almost $5m across the fair's first two days, including a 2020 painting by Sam Gilliam for $1.1m.
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