Frieze London and Frieze Masters 2025 opened for VIP previews at Regent’s Park on Wednesday, welcoming a sizable crowd. Early reports suggest a brisk pace of transactions, led by Hauser & Wirth’s sale of Gabriele Münter’s Der blaue Garten (Mein Gartentor) [The Blue Garden (My Garden Gate)] (1909) for CHF 2.4 million ($3.01 million) at Frieze Masters.
Frieze London brings together 168 galleries from 43 countries, while Frieze Masters features around 120 exhibitors representing 26 nations. Dedicated to art made before the 21st century, this year’s edition of Masters is the first under new director Emanuela Tarizzo.
Dealers on the ground described steady interest but more cautious buying, with pricing generally skewing lower than in recent years. Still, the opening day of the fairs saw several seven- and six-figure sales. Some booths sold out, including Gagosian’s solo presentation of Lauren Halsey at Frieze London.
“It’s certainly been an incredibly busy week in London already, and it’s noticeable that the buzz for the fair seems to have started earlier this year compared to last year,” gallerist Thaddaeus Ropac said in a statement. “The market is starting to pick up somewhat after the past slow months, but the interest and sales so far are promising, so this is good momentum for the rest of the year.”
Here, we round up some of the leading sales reported by galleries at Frieze London and Frieze Masters. Both fairs run through Sunday, October 19th. Check back on Monday for our full sales report.
Top sales at Frieze London
- Hauser and Wirth’s top reported sale at Frieze London was Ellen Gallagher’s Lips & Paper (1993) for $950,000. The gallery also sold Avery Singer’s Lost Boccioni (2025) for $800,000, Henry Taylor’s Untitled (Portrait of Reign Judge) (2025) for $300,000, and Keith Tyson’s Still Life Emerging From The Rocks Of The Earth (2022) for $300,000.
- Thaddaeus Ropac’s reported sales were led by Robert Rauschenberg’s Polls (1987) for $850,000. The gallery sold Daniel Richter’s Pflüge die Lüge (2025) for €420,000 ($488,000), Tony Cragg’s Ivy (2016) for €360,000 ($418,000), and Erwin Wurm’s Ghost (Substitutes) (2022) for €330,000 ($383,000). It also sold an Antony Gormley sculpture for £500,000 ($669,000).
- David Zwirner sold a painting by Steven Shearer for $550,000, two paintings by Lucas Arruda in the range of $320,000 to $350,000, a work on paper by Elizabeth Peyton for $300,000, and two works by Wolfgang Tillmans in the range of $115,000 to $250,000.
- Karma sold works including Manoucher Yektai’s painting Untitled (1987) for $475,000, Reggie Burrows Hodges’s Botanist Moon: Sonrae Arrow (2024) for $350,000, and Gertrude Abercrombie’s Snail Shell with Flags (1956) for $225,000.
- Pace Gallery sold seven works from their solo presentation of William Monk in the range of $30,000 to $295,000 each.
- Olney Gleason’s reported sales were led by Robert Indiana’s Source Egg (1959), which sold for $200,000. The gallery also reported selling Diana Al-Hadid’s Secret Sunset (2025) for $90,000.
- Leading Tina Kim Gallery’s reported sales was a Ha Chong-Hyun painting for $550,000. The gallery also sold two works by Kibong Rhee for $100,000 and $80,000, along with works by Lee ShinJa, Pacita Abad, and Maia Ruth Lee.
- Stephen Friedman Gallery sold two paintings by Sarah Ball in the range of £15,000 to £150,000 ($20,000 to $200,000) apiece.
- Sprüth Magers sold Gala Porras-Kim’s Future spaces replicate earlier spaces (shell instruments) (2023) for $100,000.
Top sales from Frieze Masters
- In addition to Münter’s Der blaue Garten, Hauser & Wirth sold René Magritte’s Le domaine enchanté (The Enchanted Domain) (1953) for $1.6 million, Paul Klee’s Befestigter Ort (Fortified Place) (1929) for €1.45 million ($1.68 million), Marcel Duchamp’s Jaquette (Jacket) (1956) for $1.35 million, and Alina Szapocznikow’s Sculpture-lampe (Sculpture-Lamp) (1970) for $1.2 million.
- Robilant+Voena’s reported sales were led by Lucio Fontana’s Concetto Spaziale, Attese (1960) for €895,000 ($1.04 million).
- Ben Brown Fine Arts sold works by Lucio Fontana and the duo Claude Lalanne and Francois-Xavier Lalanne, with prices ranging from $300,000 to $800,000.
- Salon 94 and Karma reported selling six works from their joint booth, including Sally Gabori’s Dibirdibi Country for $800,000 and five Shoko Suzuki ceramics, ranging from $24,000 to $46,000 each.
- MARUANI MERCIER GALLERY reported selling works by Salvador Dalí, Max Ernst, and Francis Picabia in the range of €200,000 to €300,000 ($232,000 to $349,000) each.
- DAG sold a work by Jamini Roy for $45,000 and one by J. Sultan Ali for $91,000.
- Berry Campbell Gallery reported selling four works by Janice Biala for prices ranging from $18,000 to $55,000.
- Harper’s sold two works by Iria Leino for $60,000 and $68,000, respectively.
- Richard Saltoun sold two pieces by Bertina Lopes, priced in the range of £65,000 to £85,000 ($87,000 to $113,000) each.
- Pace Gallery reported selling works by Peter Hujar within the range of $25,000 to $45,000.
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