Six and Seven Figure Sales Dominate the First Three Days of Art Miami

By: BWW News Desk Dec. 09, 2012

In its 23rd year as the anchor fair to the city of Miami, Art Miami, the premiere international contemporary and modern art fair - along with its new sister fair CONTEXT Art Miami, featuring emerging and cutting-edge artists - continue to respond to the interests of serious international collectors, museum curators, interior designers, artists and connoisseurs. Among the notable attendees acquiring and attending the first three days: Darlene and Jorge M. Pérez, developer and longtime trustee of the Miami Art Museum; Eric Schmidt, executive chairman, Google; Thom Collins, director, Miami Art Museum; James Rosenquist, acclaimed American pop artist; Lucien Clergue, world-renowned French photographer; Shepherd Fairey world renowned street artist; Lincoln Schatz acclaimed video artist; Arnold L. Lehman, director of the Brooklyn Museum; Holly Hotchner, director of the Museum of Arts and Design; Steve Schwarzman, chairman and CEO of the Blackstone Group, Lenny Kravitz; Carol Damien, director of Frost Art Museum; international collectors Beth Rudin DeWoody, Mera Rubell, Ella Cisneros, Janet and Jessica Goldman, Ted and Ruth Baum, Martin and Audrey Gruss, Waltman Family, Stuart Miller, Marvin and Elayne Mordes, Jack Tilton, Eric Feder, Steve Lavigne and Jonathan Blue Louisville, Dennis Scholl of the Knight Foundation, esteemed collector Marvin Ross Friedman, The Miami Herald's Jane Wooldridge.

While Art Miami continues to present the most important contemporary and modern artworks from more than 125 of the world's most prominent art galleries, CONTEXT Art Miami highlights works by emerging and mid-career, cutting-edge artists from 65 hand-selectEd Galleries.

The fair aisles continue to overflow with copious numbers of museum groups and collector tours including The Phillips Collection, Washington DC - Director, Dorothy Kosinski, Curator at Large, Klaus Ottmann and Chief Curator of Modern & Contemporary Art, Vesela Sretenovic; lead a delegation of trustees and high-level collectors. The Frost Art Museum, Director Carol Damian conducted a tour for trustees, donors and Fair VIP's, Groups from HSBC Private Wealth, Vivian Pfeiffer of Christie's lead a group of collectors, The Smithsonian Institute, Bass Museum, Miami Art Museum, San Antonio Museum, Philadelphia Museum of Art, American University Museum, International Center of Photography, NY, Museum of Art | Ft. Lauderdale, Sternersen Museum, Norway, Artadia, Cobra Museum, Wadsworth Atheneum Museum of Modern Art, Franklin College of Switzerland, The Wolfsonian, Museum of Modern Art, NY, Museum of Modern Art, North Miami and Los Angeles, Museum of Arts + Design, Cooper Hewitt Museum, Bechtler Museum Group, The Fine Art Fund, The Collectors Fund.

Highlight sales from Wednesday and Thursday include:

London-based Osborne Samuel Gallery sold Lynn Chadwick's Two Seated Figures sculpture for more than $1,000,000.

Michael Schultz Gallery sold SEO's Mobilier Raum im Garten I, 2012 and Raum im Garten II , for $52,000 each. Gerhard Ritchter's Abstrakted Bild (503), 1982 has been reserved for $11,500,000.

New York-based Hollis Taggart Galleries sold Tom Wesselman's Five Spot, 2004 for an estimated $400,000. Jackson Pollock's Untitled, 1939-1940 for an estimated $60,000. John Wesley This Special Place in Which the Sea Hag Keeps her Craft, 1974 was sold for an estimated $60,000 and Tom Freidman's Untitled, 2007 sold for an estimated $40,000.

Helsinki-based Galerie Forsblom sold Manolo Valdes's Reina Mariana for $350,000 and Jacob Hashimoto's Untitled for $40,000.

Munich-based Galerie Terminus sold Tony Cragg's Wild Relatives sculpture for $550,000; two Heiner Meyer Onkel Dagobert, 2012 sculptures for $106,000 each; and three One is Not Enough sculptures for $23,000 each.

New York-based Haunch of Venison gallery sold Damien Hirst's Beautiful Flamingo Dancing What a Vision painting for an estimated $375,000 and Ged Quinn's Yet to be Titled, 2012 for an estimated $55,000.

James Barron Art Gallery sold Takashi Murakamis' Flower of Joy - Lemon Lime, 2007, Flower of Joy - Madagascar, 2007 and Flower of Joy - Marshmallow Strawberry, 2007 for a combined total of $420,000.

Helsinki-based Galerie Forsblom sold Manolo Valdes Reina Mariana for $350,000 and Jacob Hashimoto's Untitled for $40,000.

New York-based Sundaram Tagore Gallery sold Jane Lee's Beyond the Blue, 2011 for $160,000 and Susan Weil's Wading for $26,000.

New York-basEd Gallery Mark Borghi Fine Art sold Robert Ryman's Painting Without Paint for $120,000 and Color Test 2, 1993 for $75,000.

Dusseldorf-based Shuebbe Projects Gallery sold Helmut Sturm's Untitled, 1961 for $95,000.

Philadelphia-based Bridgette Mayer Gallery sold Federico Herrero's Paisaje Dividido, 2010 for $32,000 and German Gomez's Condenado VIII, 2008 for $17,000.

Toronto-based Nikola Rukaj Gallery sold Bernard Pierre's Nude Woman Bathing for $45,000, Francis Sam's Untitled for $32,000.

Washington-based CONNERSMITH. sold Leo Villareal's Target 2 for an undisclosed amount.

New York-based Cynthia Reeves Gallery sold Jaehyo Lee's, 0121-1110=112101 for $27,000; Nail #1 and Nail #2 for $20,000 each.

New York-based Heller Gallery sold Josephina Gasch - Muche's 30.08.07 for an undisclosed amount between $25,000 and $45,000.

Buenos Aires-basEd Gallery Centro de Edicion sold the works of artists Leon Ferrari, Silvia Sanjurjo, Silvia Brewda and Silvia Plumari, totaling more than $23,000.

Tresart gallery sold Vik Muniz's piece Sophia Loren, Pictures of Diamonds, 2004 and Birgitte Bardot Pictures of Diamonds, 2004 for an estimated $150,000 each.

New York- basEd Gallery Barry Friedman sold Wendell Castle's Abstract Table for $65,000

Chicago- based McCormick Gallery sold Jack Roth's Rope Dancer #2, 1980 for $55,000

Santa Monica- based Peter Fetterman gallery sold Stephen Wilkes' Jerusalem, 2012 for an estimated $30,000. Barry Categan's Twiggy, 1966 for an estimated $9,500. Ormand Gigli's Models in the Window, 1960 for an estimated $50,000.

New York- basEd Gallery Waterhouse & Dodd sold Golden Sun No. 2, 2012 for an estimated $45,000; Alexander Calder's Untitled, 1971 for an estimated $128,000 and Philippe Hiquily's La Claudinette for an estimated $30,000.

Miami based Zadok Gallery sold SeonGhi Bahk's An Aggregation 12-09-01, 2012 for $22,500 and Maria Magdalena Campos Pons's Dreaming of an Island, 2011 for $18,000

Coral Gables based Cernudo Arte sold Miguel Florido's Vivire en tu Recuerdo, 2006-2012 and Para Amarte Sin Limites 2012 for an estimated $20,000 each.

Philadelphia-based Bridgette Mayer Gallery sold Ryan McGinness' Black Holes, 2006 for $14,000.

Stockholm-based Wetterling Gallery sold 2 Doug and Mike Starm's untitled pieces and Bernar Venet sculpture 2 Indeterminate lines for an undisclosed amount

Helsinki-based Galerie Forsblom sold Kaarina Kaikkonen's Hiding 2012 and 2012 Men's coat shirt, for an undisclosed amount.

San Francisco- basd Modernism Inc. sold Duncan Hannah's By the Sea, 2010 for an undisclosed amount.

To learn more about the fair, visit www.art-miami.com or www.contextartmiami.com.

Art Miami Participating 2012 Galleries:

Inaugural CONTEXT Participating 2012 Galleries:

About Art Miami, LLC

Art Miami, LLC, is a partnership consisting of art and media industry veterans Nick Korniloff, Mike Tansey and Brian Tyler. Art Miami, LLC, produces Art Miami (www.art-miami.com), Miami’s longest-running contemporary art fair, CONTEXT Art Miami (www.contextartmiami.com), Art Wynwood (www.art-wynwood.com) and the prestigious Art Southampton (www.art-southampton.com).

About Art Miami

Known as Miami's premier anchor fair, Art Miami kicks off the opening day of Art Week. The fair will commence on Dec. 4, 2012, with Art Miami's highly anticipated Opening Night VIP Preview, which benefits the Miami Art Museum. World-famous for its outstanding quality, extraordinary variety and stylish, gallery-like decor, Art Miami showcases the finest in modern and contemporary art from more than 125 of the most prestigious international art galleries. Art Miami maintains a preeminent position in America's modern and contemporary art fair market. With its rich history, it is the original and longest-running contemporary art fair in Miami, and continues to receive praise for the variety of unparalleled art that it offers. Art Miami is the must-see event for all serious collectors, curators, museum directors, and interior designers, providing an intimate look at some of the most important work at the forefront of the international contemporary art movement. (www.art-miami.com)

About CONTEXT Art Miami

Miami's newest international emerging and cutting-edge art fair will launch with a VIP Private Preview on Tuesday, Dec. 4, 2012, coinciding with the 23rd edition of Art Miami. Trendsetting galleries from around the globe will exhibit in a state-of-the-art pavilion directly adjacent to Art Miami. CONTEXT Art Miami will feature a curated group of 65 galleries representing exceptional emerging and mid-career cutting edge artists, including solo artist installations, immersive environments, curated projects and multimedia exhibits. The CONTEXT Art Miami Pavilion will feature a VIP Lounge, Art Video New Media Lounge, performance stage, indoor and outdoor curated projects, and will be located just 50 feet north of the existing 125,000-square-foot Art Miami Pavilion. The Combined exhibition space will increase the overall roster of galleries to 190 participants and cover 250,000 square feet. Ample and convenient parking is available for both fairs through the use of a four-story parking garage with 2,000 spots, located directly across the street from the CONTEXT & Art Miami Pavilions, as well as valet parking. A network of complimentary shuttle buses will run round-trip service between Art Miami, CONTEXT Art Miami and Art Basel Miami Beach. (www.contextartmiami.com)

About the Miami Art Museum

Miami Art Museum, a modern and contemporary art museum located in downtown Miami, FL, is dedicated to collecting and exhibiting international art of the 20th and 21st centuries with an emphasis on the cultures of the Atlantic Rim—the Americas, Europe and Africa—from which the vast majority of Miami residents hail. Miami Art Museum’s educational programming currently reaches more than 30,000 people every year, with the largest art education program outside the Miami-Dade County Public Schools. Miami Art Museum will reopen as Pérez Art Museum Miami, next year in downtown Miami’s Museum Park. The new, expanded museum, designed by Herzog & de Meuron, will provide room to showcase growing collections, expanded exhibition space to bring more world-class exhibitions to Miami-Dade County and an educational complex. For more information about Miami Art Museum, visit (www.miamiartmuseum.org) or call 305.375.3000.

Pictured: London-based Osborne Samuel Gallery sold Lynn Chadwick's Two Seated Figures sculpture for more than $1,000,000. Photo courtesy Osborne Samuel Gallery.

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