"Ari Emanuel, whose company acquired Frieze last year, kicked off Frieze Los Angeles with an early buying spree, purchasing three quilts by 86-year-old Alabama artist Yvonne Wells before VIP hours began. The works, priced between $50,000 and $60,000, were acquired from Fort Gansevoort's solo booth presentation. Advised by dealer Jeffrey Deitch, Emanuel-who collects historical and contemporary Black art-made the buys amid a strong opening day."
"London's marquee spring auctions kick off this week with more than $438 million worth of art going under the hammer across the Big Three auction houses' evening sales. The festivities kick off with Sotheby's Modern and contemporary evening sale on March 4, which is estimated to bring in at least £96.7 million ($130 million) across 54 lots."
"Art Paris has announced that more than 160 galleries will take part in its 28th edition, running April 8-12 at the Grand Palais. International newcomers include Lumen Travo (Amsterdam), RocioSantaCruz (Barcelona), Cassandra Bird (Sydney and Paris), and Schenkweitzdörfer (Cologne)."
The art market demonstrates robust activity across multiple sectors. At Frieze Los Angeles, collector Ari Emanuel purchased three quilts by artist Yvonne Wells for $50,000-$60,000 each before VIP hours, while Ed Ruscha's Heaven sold for $3.7 million during strong opening day sales. Art Paris announces 160+ galleries participating in its 28th edition in April, including international newcomers from Amsterdam, Barcelona, Sydney, and Cologne. London's spring auctions feature over $438 million in sales across major houses, with Sotheby's Modern and Contemporary evening sale estimated at $130 million across 54 lots, led by Francis Bacon's 1972 self-portrait. Christie's 20th/21st Century sale features a Wassily Kandinsky masterpiece estimated at $21 million.
Read at Artnet News
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