Monday, September 11, 2023

What Sold at Frieze Seoul and The Armory Show 2023 https://ift.tt/OcqgESZ

Summer came to an end for the art world last week with the return of two major art fairs on two different continents: The Armory Show (September 8th–10th) in New York and Frieze Seoul (September 6th–9th) in Seoul. Both fairs are now owned by the same company after Frieze announced that it would acquire The Armory Show, along with EXPO Chicago, earlier this year.

Both fairs—for now—have not revealed any plans to change their September slots in light of the acquisition. As The Armory Show’s executive director Nicole Berry told us earlier this week, this year’s fair was “business as usual.”

The Armory Show, which has occupied its September slot since 2021 (it was held in March before the switch in dates), is part of a week of fairs in New York that also includes Independent 20th Century, Art on Paper, and the inaugural Photofairs New York. Frieze Seoul, which staged its first edition in 2022, takes place in the same building as Korea’s longest-running art fair, KIAF, and is a part of Seoul Art Week, which features numerous gallery openings and events across the Korean capital.

“The ambience at the fair felt upbeat with a good attendance from international collectors, and we have observed again that the city represents one of the most sophisticated art markets anywhere in the world,” said Wendy Xu, White Cube’s general manager of Asia, at Frieze Seoul. “It’s clear that there is a community here that is deeply knowledgeable and engaged with both local and international modern and contemporary art.”

Taking place amid a period of sustained tension for the art world, with worries of a market “correction” abound, both fairs reported positive sales and strong attendance throughout.

While dealers at Frieze Seoul disclosed a higher number of six-figure sales, reported figures from The Armory Show reflect more strength in the middle market. This will have come as a relief to many of the galleries in attendance, following a slower-than-expected first half to the year across the art market broadly.

Here, we run down the key sales from both fairs.


Top sales at Frieze Seoul 2023

Untitled, 2023
Katherine Bernhardt
David Zwirner

Hauser & Wirth reported a number of significant sales, including:

David Zwirner sold works by Mamma Andersson, Katherine Bernhardt, and Rose Wylie at prices ranging from $250,000–$550,000, as well as multiple works by Yayoi Kusama and paintings by Josef Albers and Joan Mitchell for undisclosed prices.

Thaddaeus Ropac—one of Artsy’s 10 best booths from the fair—sold:

  • A work by Georg Baselitz for €1,200,000 ($1.3 million).
  • A work by David Salle for $250,000.
  • A work by Lee Bul for $190,000.
  • A work by Tony Cragg for €300,000 ($322,000).
  • Two works by Daniel Richter for €375,000 ($402,000) apiece.
  • Ropac also announced a string of five-figure sales for works by artists including Mandy El-Sayegh and Heemin Chung, the latter of whom the gallery announced representation of during the course of the fair.

Kukje Gallery—another of Artsy’s best booths—confirmed multiple sales including:

  • A work by Park Seo-Bo in the range of $490,000–$590,000.
  • A work by Ha Chong-Hyun in the range of $223,000–$268,000.
  • A work by Kyungah Ham in the range of $110,000–$132,000.

White Cube reported sales including:

Pace Gallery reported several sales including:

GP (Black and Blue), 2023
Loriel Beltrán
Lehmann Maupin

Mat 120 x 165 #23-66, 2022-2023
Suki Seokyeong Kang
Tina Kim Gallery

Lehmann Maupin reported a string of sales from its booth, led by:

  • Lee Bul’s Perdu XXI (2019), which sold for $200,000. Another painting by the artist, Perdu CLXXXII (2023), sold for $190,000.
  • A painting by Loriel Beltrán for $75,000.
  • Five works by Chantal Joffe in the range of £24,000–£80,000 ($30,000–$100,000) each.
  • A work by Tammy Nguyen for $100,000.
  • An oil on canvas work by Soun Hong for $50,000.

Tina Kim Gallery—which was among the winners of the inaugural Frieze Seoul Stand Prizes—sold multiple works by Ha Chong-Hyun, Park Seo-Bo, Suki Seokyeong Kang, Maia Ruth Lee, Seok Ho Kang, and others in the $20,000–$250,000 price range.


MASSIMODECARLO reported the following sales:

GALLERIA CONTINUA’s sales included a sculpture by Anish Kapoor for £600,000–£800,000 ($751,000–$1 million).

Cardi Gallery sold:

Recomposition (The Feast of the Gods, after Giovanni Bellini), 2023
Oliver Beer
Almine Rech

So I guess I gotta stay now, 2023
Jenny Brosinski
Almine Rech

Almine Rech sold:

  • A painting by Ha Chong-Hyun in the range of $450,000–$460,000.
  • A painting by Javier Calleja in the range of €240,000–€260,000 ($258,000–$279,000).
  • A painting by Cristina de Miguel in the range of $60,000–65,000.
  • A painting by Timothy Curtis in the range of $85,000–$90,000.
  • A painting by Medhi Ghadyanloo in the range of €78,000–€84,000 ($84,000–$90,000).
  • A painting by Oliver Beer in the range of £45,000–£50,000 ($56,000–$63,000).
  • A work by Jenny Brosinski in the range of €38,000–€42,000 ($41,000–$45,000).
  • A painting by José Lerma in the range of $35,000–$40,000.
  • A painting by Li Peng in the range of $15,000–$20,000.
  • Two works by Gioele Amaro in the range of €19,000–€21,000 ($20,000–$25,000) and €20,000–€25,000 ($22,000–$27,000).

Gallery Hyundai’s sales included a pair of works by Seund Ja Rhee, which each sold in the range of $400,000–$450,000.

Kurimanzutto sold works by Gabriel Orozco, Rirkrit Tiravanija, WangShui, and Haegue Yang in the range of $40,000–$550,000, mostly to Korean institutions.

Lisson Gallery’s sales included the placing of a work by Stanley Whitney for $550,000.


Other notable sales from Frieze Seoul 2023

Mirror, 2023
Sahara Longe
Timothy Taylor

Fin, 2023
Sarah Ball
Stephen Friedman Gallery

  • Timothy Taylor sold out its presentation of 13 paintings by Artsy Vanguard alumnus Sahara Longe at prices ranging from $20,000–$30,000 apiece.
  • Stephen Friedman Gallery sold a number of works, including a Caroline Walker painting for £25,000 ($31,000); a Yooyun Yang painting for $18,000 ($23,000); and a Sarah Ball oil on linen work for £85,000 ($106,000).
  • Jessica Silverman’s solo presentation of works by Woody De Othello was met with strong interest. Sales included two large, glazed ceramic sculptures for $92,000 each; a free-standing sculpture for $85,000; a glazed ceramic sculpture for $75,000; and a large oil on canvas for $65,000.

mineral wisdom, 2023
Woody De Othello
Jessica Silverman

Malachite and Shifting Light, 2023
Mary Weatherford
David Kordansky Gallery


Top sales from The Armory Show 2023

Burst Blue, 1969
Lynne Drexler
Berry Campbell Gallery

If not me then no one, 2023
Rupy C. Tut
Jessica Silverman

While there were fewer six-figure sales reported at The Armory Show compared to Frieze Seoul, sales within the high five-figure price ranges were consistent across the fair.

The leading sales from the fair are as follows:

La bague de Roxane, 2023
Marc Padeu
Jack Bell Gallery

Endless Line, 2023
Chiharu Shiota
KÖNIG GALERIE

Sous hypnose 1, 2023
Rebecca Brodskis
Kristin Hjellegjerde Gallery


Other notable sales from The Armory Show 2023

Kansas City, Missouri, 2023
Thomas Bils
Spinello Projects

Calathea Phthalo Green, 2023
April Bey
TERN Gallery

Exit (iii), 2023
Gabriella Boyd
GRIMM

Madonnenfigur, 1982
Katharina Fritsch
Ludorff

The Days Go By and Still, You Are There For Us, 2023
Patrick Dean Hubbell
Nina Johnson

Memorial Park, 2023
Jose de Jesus Rodriguez
Charles Moffett

Eres La Estrella, 2023
Arleene Correa Valencia
Catharine Clark Gallery

The Return of the Herd, 2023
Jaclyn Conley
MARUANI MERCIER GALLERY



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