""It's a first for us to present a selection of works to many of our most valuable clients who happen to be in town during the vernissage," says Adrien Meyer, Christie's global head of private sales."
""Venice is also a natural fit for the auction house, given that a large portion of its billionaire owner François Pinault's collection is housed in the city.""
""Ghost Pavilion: A Venice Revealed, as the private selling exhibition is titled, is a nod to past shows by Bourgeois and Bradford, among others, as well as the 'colourful history of the building', Meyer says.""
The Venice Biennale, traditionally a non-commercial institution, is experiencing a surge in art sales this year. An influx of dealers and auction houses is openly pricing and selling artworks, influenced by Italy's low VAT rate on art imports. Christie's is hosting its first invitation-only selling exhibition, featuring works from Old Masters to contemporary artists, with prices ranging from $500,000 to over $35 million. The exhibition, titled 'Ghost Pavilion: A Venice Revealed,' showcases Venice-themed pieces and highlights the city's connection to the auction house's owner, François Pinault.
Read at The Art Newspaper - International art news and events
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