The Art Market Is Chilly, but Frieze London, Masters Chalk Up Millions in Sales in First Days

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At Frieze London and Frieze Masters, galleries notched millions in sales in the first few days despite the market slowing down.

fairs that take place in Regent’s Park, are defying slowing demand in the art market, notching millions in sales in the first few days of the event, which runs until Sunday.

Jacques said a group of works from young artist Sophie Birber was sold, with prices rang from 9,000 pounds to 10,000 pounds. The gallery also sold a painting from Nicola L. for $125,000 and a piece from Ana Mendieta sold for $75,000.Lisa De Simone, a representative from Elliott Fine Art, said “the beauty of London is that it’s a true melting pot. We’ve talked to people from so many different regions such as Europe, North and South America and Asia.

The New York-based contemporary art gallery James Cohan showcased the work of Jesse Mockrin and Kennedy Yanko. Mockrin’s Biblical-like paintings, which range in price from $90,000 to $550,000, were sold out by Thursday afternoon, the second day of the fair.Gallerist Maureen Paley, a grand dame in the art world, was also in high spirits – partly about London’s energy and the great artists she was representing in her booth.

Even though the fairs were a success for many galleries, Jacques said that the market remains chilly. She said galleries have responded by cutting out the hyped pieces, and shifting the focus back to “great and important works.”“The fair is very much about opening ourselves up to new geographies of art and including those who have not been part of the discourse yet.

One of the pieces was titled “Trembling hands of Jonathan Glazer.” It was inspired by the British director reading out his acceptance speech for the film “Zone of Interest.” Glazer, who won best director at the 2024 Oscars, controversially used the moment to condemn Israel for its actions in Palestine, saying it turned “so many innocent people” into victims.Yuli Karatsiki, manager at the Athens-based Kalfayan, said the gallery’s aim is to “act as a bridge between East and West.

The gallery’s booth had a solo presentation of Charlotte Edey’s work, where eight out of the 10 pieces were already sold by Thursday afternoon.Brunette Coleman, which made its debut at Frieze Focus, sold all of its pieces from Nat Faulkner’s solo presentation right after the fair began.

 

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Belgique Dernières Nouvelles, Belgique Actualités