Art Market
Maxwell Rabb and Arun Kakar
Interior view of Art Basel Paris, 2024. Courtesy of Art Basel.
A whirlwind fortnight of art fairs across both sides of the English Channel came to an end on Sunday as Art Basel Paris concluded its third edition—its first at the newly restored Grand Palais. In a signal befitting the venue’s Beaux-Arts splendor, this year’s fair was both larger and more popular than 2023’s edition: Some 195 galleries took part in the fair compared to 154 last year, and attendance across the week totaled more than 65,000, well above last year’s figure of 38,000.
The fair took place against the backdrop of a packed slate of exhibitions, and art fairs taking place across the French capital. From ambitious museum surveys to new art fairs, the Parisian calendar of events now stands as among the most robust major fair weeks across the art world.
And any nerves leading up to Art Basel Paris itself were quickly dispelled by its resplendent VIP day, in which glorious weather was accompanied by large crowds and hefty transactions. A buoyant mood was evident from the fair’s opening hours and persisted throughout the week.
Louise Bourgeois, installation view of Spider I, 1995, in Hauser & Wirth’s booth at Art Basel Paris, 2024. Courtesy of Art Basel.
“Back in the iconic Grand Palais this year, the excitement was palpable,” said Belgian dealer Xavier Hufkens. “Collectors traveled from near and far, and significant sales were made. It felt like the Olympics of the art world.”
Notably, the pace of Art Basel Paris did not appear to relent following Wednesday’s VIP preview. The fair’s leading sale was reported on its second day: Louise Bourgeois’s sculpture Spider I (1995) sold for a staggering $20 million by Hauser & Wirth. That price represents more than three times the leading sale from last year’s fair, and was perhaps the most telling sign of all that Art Basel has made Paris a very comfortable home indeed.
“We worked on Art Basel Paris’s 2024 edition for over two years,” said the fair’s director Clément Delépine, “seeing it come to life in such an extraordinary way in the heart of Paris has felt truly special.”
Here, we round up the key sales from Art Basel Paris 2024.
Top sales at Art Basel Paris 2024
Installation view of Hauser & Wirth’s booth at Art Basel Paris, 2024. Courtesy of Art Basel.
As well as reporting the top sale of the fair with the Bourgeois sculpture, Hauser & Wirth reported several seven-digit transactions. These included:
- Mark Bradford’s Not Quite in a Hurry (2024) for $3.5 million.
- Barbara Chase-Riboud’s Numero Noir #2 (2021) for $2.2 million.
- Bourgeois’s La Forêt Enchantée (Up and Up!) (2006) for $2 million.
- Ed Clark’s Red, Blue, & Black (Paris Series #4) (1989) for $950,000.
- Avery Singer’s Gigabyte (2024) for $800,000.
- George Condo’s Abstract Figure in Space 1 (2024) for $600,000.
- Jeffrey Gibson’s I will continue to change (2024) for $500,000, and Your spirit whispering in my ear (2024) for $400,000.
- Jenny Holzer’s inclined (2024) for $400,000.
- Zhang Enil’s Astronomy Lover (2024) for $340,000.
- Catherine Goodman’s Falcon, Storm or Song (2024) for $225,000.
- Nairy Baghramian’s S’éloignant (2023) for €180,000 ($193,400).
- Anj Smith’s The Martian (2024) for £162,000 ($210,900).
- Hélène Delprat’s Autoportrait en peintre pressé (Self-portrait as a hurried painter) (2024) for €150,000 ($162,700).
- Thomas J Price’s Time Unfolding (2024) for £135,000 ($175,000).
- Allison Katz’s Milk Glass Recovered (2024) for $65,000.
- Sonia Boyce’s Circular Plait with Multi-Coloured Hair Clips (1993–2024) for £30,000 ($38,950).
Julie Mehretu, Insile, 2013. © Julie Mehretu. Photo by Theo Christelis. Courtesy of White Cube.
White Cube’s sales were led by Julie Mehretu’s Insile (2013), which sold for $9.5 million. The gallery also reported two other seven-digit sales: Howardena Pindell’s Untitled (1975), which sold for $1.75 million, and Lucio Fontana’s Concetto spaziale, Attese (1964–65), which sold for €1.3 million ($1.44 million). Other reported sales from the gallery included:
- David Hammons’s Untitled (Body Print) (ca. 1974) for $750,000.
- Josef Albers’s Study for Homage to the Square: Terraced (1954–56) for €570,000 ($618,990).
- Sylvia Snowden’s Theresa Edelson (1978) for $450,000.
- Antony Gormley’s STRAIN III (2023) for £500,000 ($649,230), and SMALL SUBJECT (2022) for £300,000 ($390,600).
- Etel Adnan’s Untitled (2016) for $300,000.
- Three editions of Tracey Emin’s Ascension (2024) for £245,000 ($318,000) each.
- Christine Ay Tjoe’s The Model of Plasma Species (2024) for $190,000.
- Marina Rheingantz’s Pink Panther (2024) for $160,000.
- Mona Hatoum’s Basket V (2024) for £110,000 ($142,700).
- Julie Curtiss’s Whisperers (2024) for $90,000.
- Tunji Adeniyi-Jones’s Deep Dive (2024) for $85,000.
- Alia Ahmad’s Finood 2 / فنود | Branches of a tree 2 (2024) for $70,000.
- Works by Isamu Noguchi, Salvador Dalí, Marguerite Humeau, and Salvatore Emblema also sold for five-figure sums.
Kukje Gallery’s reported sales were led by Lee Ufan’s Response (2022), which sold for a price in the range of $900,000–$1.8 million. Additional sales included:
- Ha Chong-Hyun’s Conjunction 22-87 (2022) for a price in the range of $230,000–$276,000.
- Jean-Michel Othoniel’s Sauvage (Wild Knot) (2024) for a price in the range of €110,000–€132,000 ($119,440–$143,330).
- Elmgreen & Dragset’s On Target, Fig. 8 (2022) for a price in the range of €95,000–€114,000 ($103,500–$123,600).
- Kyungah Ham’s Phantom and A Map / Poetry 01WBS01V1 (2018–24) for a price in the range of $75,000–$90,000.
- Haegue Yang’s Spring Sail Phoenix Armor Aubade – Mesmerizing Mesh #250 (2024) for a price in the range of €30,000–€40,000 ($32,500–$43,000).
- Two works by Kim Yun Shin for a price in the range of $15,000–$18,000 each.
- Lee Kwang-Ho’s Untitled 4819-11 (2023) for a price in the range of $11,000–$14,000.
Sprüth Magers’s reported Art Basel Paris sales were led by George Condo’s Multicolored Young Woman (2024), which sold for $1.95 million to a collection in Asia. Other sales reported by the galley included:
- Rosemarie Trockel’s Untitled (2000) for €600,000 ($651,000).
- An edition of Jenny Holzer’s Truisms: DO NOT PLACE TOO MUCH TRUST IN EXPERTS (2013–22), from “Truisms” (1977–79), for $400,000.
- John Baldessari’s Two Basketballs (Balanced) (1990) for $375,000.
- Salvo’s Una sera (1990) for $220,000, and “several” paintings by the artist for a price in the range of $160,000–$220,000 apiece.
- Anne Imhof’s Untitled (Goatling) (2024) for €150,000 ($162,700).
- Andro Wekua’s Rosen (2023–24) for €115,000 $124,600).
- Kaari Upson’s Hommelette (2017–20) for $120,000.
- Pamela Rosenkranz’s Healer Scrolls (Smoke Tears) (2024) for Fr.50,000 ($57,700).
- Works by Mire Lee, Oliver Bak, Bernd and Hilla Becher, and Martine Syms for five-figure sums.
New York– and Los Angeles–based gallery Karma’s sales were led by Jonas Wood’s Momo, Kiki, and Me in Mungo’s Time Mirror (2024) for $1.6 million. Other reported sales included:
The top sale at David Zwirner’s booth—one of Artsy’s best from the fair—was Victor Man’s K (2014), which sold for €1.2 million ($1.3 million). Additional sales included:
- A Dana Schutz painting for $900,000.
- Two Josef Albers paintings for $900,000 and $325,000, respectively.
- An Elizabeth Peyton painting for $875,000, and a work on paper for $250,000.
- A Lucas Arruda painting for $400,000.
- An Andra Ursuța sculpture for $300,000.
- A Lisa Yuskavage painting for $250,000.
- A Shio Kusaka sculpture for $18,000.
Installation view of David Zwirner’s booth at Art Basel Paris, 2024. Courtesy of David Zwirner.
Perrotin’s total reported sales amounted to approximately €8 million ($8.6 million) at the fair, which included the following works:
- Pierre Soulagese’s Peinture (1994) for €2.6 million ($2.81 million).
- Hernan Bas’s Can you hear my teeth cracking? (2024) for $350,000.
- Emma Webster’s Prufrock (2024) for a price in the range of $160,000–$170,000.
- A “selection” of works by Lee Bae, including Brushstroke-A44 (2024) and Brushstroke J-2 (2023), for prices in the range of $120,000–$150,000.
- Cristina BanBan’s Baby Doll (2024) for $115,000.
- A “selection” of works by Bernar Venet for €100,000 ($108,400) apiece.
- A “selection” of sculptures by Jean-Michel Othoniel for prices in the range of €90,000–€120,000 ($97,000–$130,000).
- A “selection of recent works” by Claire Tabouret for prices in the range of €60,000–€70,000 ($65,000–$75,800) apiece.
Xavier Hufkens’s sales were spearheaded by Alice Neel’s Irma Seitz (1963), which sold for $1.2 million. Other sales reported by the gallery included:
- A sold-out edition of a large-scale bronze sculpture by Thomas Houseago for $250,000 each, and a large-scale wood sculpture by the artist for $250,000.
- Editions of works by Mark Manders for €120,000 ($130,000).
- Joan Semmel’s Turning (2012) for $225,000.
- Two paintings by Qiu Xiaofei for prices in the range of $190,000–$210,000 each.
- Thierry De Cordier’s Autoportrait (en mots) (1985/2019–24) for €160,000 ($177,600).
- McArthur Binion’s Sketch (Looking for Grey):For: Three Movements of Sunlight (2014) for $140,000.
- A neon work by Tracey Emin for £80,000 ($104,600)
- Willem de Kooning’s Untitled (1965–80) for $45,000.
Mennour sold Lee Ufan’s Dialogue (2015) for €1.05 million ($1.13 million). This sale was accompanied by several six-digit sales, including:
- Ufan’s Response (2024) for $900,000 and Correspondance (1997) for €420,000 ($455,000).
- Joan Mitchell’s Pastel (1991) for €660,000 ($715,400).
- Anish Kapoor’s Cobalt Blue to Light Blue (2023) for £550,000 ($715,570).
- Josef Albers’s Study for Homage to the Square (1967) for €450,000 ($487,800).
- Alicja Kwade’s L’ordre des mondes (Totem) (2024) for €450,000 ($487,800).
- Ugo Rondinone’s Painted bronze (2023) for €390,000 ($422,700) and The Jolly (2018) for €220,000 ($238,800).
- Domenico Gnoli’s Neapolitan Bed (1960) for €290,000 ($314,880).
- Ryan Gander’s A Biography (They will only encourage you to perform the script) (2024) for £185,000 ($240,000).
- Idris Khan’s The Night Sea (2024) for £185,000 ($240,700).
- Bertrand Lavier’s Boulevard Haussmann, N°3 (2013) for €130,000 ($141,100).
- Sidival Fila’s Senza Titolo Lino Antico 13 (2024) and Metafora Nero 33 (2024) for €120,000 ($130,300) each.
- Camille Henrot’s Sagacious and Saggy (Sagesse) (2024) for €95,000 ($103,500).
- Dhewadi Hadjab’s Untitled (2024) for €90,000 ($97,000).
More key sales at Art Basel Paris 2024
Lisson Gallery ended VIP day with Olga de Amaral’s Viento Oro (2014) as its leading sale. The work sold for $800,000 to a private collection in the U.S. The gallery sold three additional works by Amaral: Alquimia 78 (1989) for $650,000, Nudo 23 (plata 5) (2014) for $400,000, and Lienzo 29 (2001) for $350,000. Other sales from the gallery included:
- Carmen Herrera’s Untitled (Habana Series) (1950) for $380,000 to a private collection in the U.S.
- Hiroshi Sugimoto’s Opticks 602 (2023) for $250,000.
- Jack Pierson’s YOU ARE THE SUN (2024) and SILENCE (2023) for $225,000 and $150,000, respectively.
- Hugh Hayden’s Fusion (2024) for $120,000 to a private collection in the U.S.
- Tunga’s Untitled (Steel Pod Series) (2011) for $140,000.
- Leiko Ikemura’s dude (2022) for €70,000 ($65,000).
- Li Ran’s There Is A Degenerate In Bed (2024) for $56,000 to a private collection in South Korea.
- Kelly Akashi’s Cultivator (Regeneration) (2024) for $55,000.
- Pedro Reyes’s Azomalli (2024) for $50,000.
- Van Hanos’s Y (2024) for $45,000.
- Otobong Nkanga’s Two States (2024) for €15,000 ($16,200).
Lucy Bull, 15:27, 2023. © Lucy Bull. Photo by Elon Schoenholz. Courtesy of David Kordansky Gallery.
Joel Mesler, Untitled (Night Life), 2024. © Joel Mesler. Photo by Christopher Stach. Courtesy of David Kordansky Gallery.
David Kordansky Gallery reported several significant sales from its group presentation. These were led by Jonas Wood’s Japanese Night Landscape (2023), which sold for $600,000. Other sales reported by the gallery included:
- Jennifer Guidi’s A Fleeting Dance of Day and Night (2024) for $450,000.
- Lucy Bull’s 15:27 (2024) for a price in the range of $170,000–$220,000.
- Shara Hughes’s Wide Net (2024) for a price in the range of $150,000–$200,000.
- Joel Mesler’s Untitled (Night Life) (2024) for $155,000.
- Chico da Silva’s Untitled (1967) for $125,000.
- Huma Bhabha’s Untitled (2024) for a price in the range of $50,000–$80,000.
- Maia Cruz Palileo’s Earth to Limbs to Hair to Split (2024) for $68,000.
MASSIMODECARLO’s sales were led by Jennifer Guidi’s Sky’s Kaleidoscope Array (2024), which sold for $400,000. Other sales reported by the gallery included:
- Yan Pei-Ming’s Virginia Woolf (2024) for €300,000 ($325,000).
- Maurizio Cattelan’s A Perfect Day (1999) for €250,000 ($270,900).
- Etel Adnan’s Untitled (2018) for €220,000 ($238,400).
- Tomoo Gokita’s Queen of Witches (2021) for €120,000 ($130,000).
- Elmgreen & Dragset’s Il Cielo Sopra Firenze (2024) for €115,000 ($124,600).
- The gallery also sold works by artists including Alvaro Barrington, France-Lise McGurn, Jessie Homer French, Jean-Marie Appriou, Lenz Geerk, and Lily Stockman for high five-figure sums.
Almine Rech’s sales were led by a “unique” ceramic by Pablo Picasso for a price in the range of $600,000–$700,000. Other sales reported by the gallery included:
- A painting by Tom Wesselmann for a price in the range of $400,000–$500,000.
- A painting by Kim Tschang-Yeul for a price in the range of €300,000–€350,000 ($325,000–$379,300).
- A painting by Nathaniel Mary Quinn for a price in the range of $200,000–$250,000.
- “Several” works by Claire Tabouret, including sculptures and paintings, for prices in the range of $70,000–$100,000 apiece.
- A painting by Zio Ziegler for a price in the range of $60,000–$65,000.
- “Several” paintings by Thu Van Tran for $50,000–$70,000 apiece.
- A painting by Sasha Ferré for a price in the range of €35,000–€40,000 ($37,900–$43,000).
- A painting by Jameson Green for a price in the range of $15,000–$20,000.
Jessica Silverman’s sales were led by a pair of 2024 works by Loie Hollowell—Around the clock in the flesh red and purple and Around the clock in flesh yellow and orange—for $170,000 apiece. Other sales reported by the gallery included:
- Judy Chicago’s Childhood’s End #1 (1972) for $90,000. Additionally, three lithograph works by the artist each sold for a price in the range of $25,000–$45,000.
- Woody De Othello’s Greener green, still blue for $75,000. Meanwhile, Thirds and fifths sold for $30,000, and Seasonschange Seasonsgrow (all 2024) sold for $20,000.
- Clare Rojas’s Bathing in the Misty Rainbow for $68,000. Rojas’s Red Wing Black Lightning, Hydrangea, The Still Ones, Open Arm Embrace, and Hiding Spot for Spiders (all 2024) each sold for a price in the range of $14,000–$16,000.
- Hayal Pozanti’s Heart’s Fragrance (2024) for $65,000.
- Julie Buffalohead’s The Ash Harvest (2024) for $55,000.
- Masako Miki’s Persevering Daruma Doll (Blue and Brown) (2024) for $46,000, Prayer Beads and Flying Hands Spreading Empathy (2024) for $36,000, and Grandpa’s Lacquer Bowls and Fox Conspire Under Dusk Sky (2024) for $18,000.
- Margo Wolowiec’s The Light of the Sun (2024) for $40,000.
- A 2023 work by Rupy C. Tut for $35,000.
- Two hand-poured resin works by Beverly Fishman for $7,500 each.
Michael Werner Gallery reported selling Meret Oppenheim’s Anatomie d’une femme morte (1934) for $1.5 million and Per Kirkeby’s Untitled (2013) for $450,000.
More six-figure sales at Art Basel Paris 2024
Installation view of Pace Gallery’s booth at Art Basel Paris 2024. Courtesy of Pace Gallery.
Several galleries reported strong six-figure sales at Art Basel Paris 2024. These included the following:
- Pace Gallery’s booth curated by Paulina Olowska—one of Artsy’s best from the fair—led its slate of reported sales with Louise Nevelson’s Untitled (1967–68) for $750,000. Other sales included all four of Olowska’s paintings in the booth, including Laura with Wolves (2024) for $250,000, as well as several works by Nevelson, Kiki Smith, Lucas Samaras, Lee Ufan, Agnes Pelton, Max Ernst, Leonor Fini, and Alexander Calder for undisclosed sums.
- Cardi Gallery—another one of Artsy’s best booths—sold out its booth with sales including two works by Jannis Kounellis for €600,000 ($651,000) apiece, plus Enrico Castellani’s Superficie grigia – Graffite 1 (1975) for €280,000 ($303,400).
- GALLERIA CONTINUA sold Michelangelo Pistoletto’s Buco Nero (2010) for a price in the range of €200,000–€600,000 ($216,600–$651,000) and Adel Abdessemed’s Nature Morte (2023–24) for €190,000 ($205,800). The gallery also sold works by Pascale Marthine Tayou and Eva Jospin for high five-figure sums.
- In the fair’s Premise section dedicated to solo presentations, Loft Art Gallery reported the sale of a pair of works by Mohammed Melehi for €130,000 and €100,000 ($141,100 and $108,400), respectively.
- Paula Cooper Gallery sold Rudolf Stingel’s Untitled (1995) for $450,000, Claes Oldenburg & Coosje van Bruggen’s Maquette of the Giant Switches in the Lobbies of the CBS Building (1978) for $200,000, and Claes Oldenburg’s Fagend Study (1968) for $150,000.
- Loevenbruck’s sales were led Gilles Aillaud’s Marabout’s derrière la grille (1970) for €180,000 ($193,400). Other sales reported by the gallery included two works by Daniel Dewar & Grégory Gicquel for €55,000 and €20,000 ($59,500 and $21,600), respectively, and a work by Alina Szapocznikow for €35,000 ($37,900).
Gilles Aillaud, Marabout derrière une grille, 1970. © ADAGP, Paris. Fonds Gilles Aillaud / Archives Galerie de France / Loevenbruck, Paris. Photo byFabrice Gousset. Courtesy of Loevenbruck, Paris.
- Galerie Nächst St. Stephan Rosemarie Schwarzwälder—another of Artsy’s best booths at the fair—reported the sale of Sheila Hicks’s Passageway to Paradise (2023–24) for $360,000.
- P420’s sales were led by Laura Grisi’s Untitled (1965–66) for €120,000 ($129,900). The gallery also sold a pair of works in Filippo de Pisis’s “Fiori” series for €65,000 ($70,300) apiece and works by Irma Blank and Francis Offman for five-figure sums.
- Prats Nogueras Blanchard’s sales were led by Joan Hernández Pijuan’s Tancat en Ocre (2004), which sold for a price in the range of €100,000–€150,000 ($108,400–$162,700). Other sales included Ana Mendieta’s Untitled (Grass on Woman) (1972) for $75,000–$100,000 and Mercedes Azpilicueta’s The Captive: Here’s a Heart for Every Fate (2019) for €25,000 ($27,000).
- Templon’s sales were led by Gérard Garouste’s Le géant et les sauterelles (2024) and Chiharu Shiota’s State of Being (Children’s Chair) (2024) for €120,000 ($129,900). The gallery also reported sales of works by Hans Op de Beeck, Alioune Diagne, Philippe Cognée, Abdelkader Benchamma, and Prune Nourry for five-figure sums.
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More notable sales from Art Basel 2024
Additional noteworthy sales from galleries at Art Basel Paris 2024 are as follows:
- BLUM sold out its booth of four works by Asuka Anastacia Ogawa for prices ranging from $75,000–$100,000.
- Lehmann Maupin’s reported sales were led by Billy Childish’s western moon set (2024), which sold for a price in the range of $50,000–$100,000. Other sales included Arcmanoro Niles’s I Am Happier with Nothing (Will I Find the Time I Lost) (2024), which sold for a price in the range of $50,000–$70,000, and two editions of Alex Prager’s Twilight (2021), which sold for prices in the range of $35,000–$55,000 apiece.
- Casey Kaplan’s sales were led by Igshaan Adams’s Manon-Lee, Georgia (2023) for $95,000. Other sales included Amanda Williams’s What Black Is This You Say?—‘I learned the word monsoon from LL Cool J’—black (06.09.20) v1 (2024) for $50,000 and Johanna Unzueta’s Nel pomeriggio non ci serà la luna (2024) for $45,000.
- ATHR sold a work by Mohammad Alfaraj and two works by Muhannad Shono for prices in the range of €2,000–€5,000 ($2,100–$5,400) apiece.
- In the Emergence section dedicated to presentations by younger galleries and artists, Madragoa sold Steffani Jemison’s Untitled (Same Time/ how else will I) (2024) for €30,000 ($32,500) and all seven works from the artist’s 2024 series “Untitled (Same Time / way in the middle of air)” for €5,000 ($5,400) each.
- Also in the Emergence section, WHATIFTHEWORLD—one of Artsy’s best booths from the fair—sold Lungiswa Gqunta’s The Onlookers (2024) for a price in the range of €20,000–€30,000 ($21,600–$32,500).
- Mai 36 Galerie sold Matt Mullican’s Untitled (Glenn: Stick Figure Framed) (2024) for $40,000 and sold out Luigi Ghirri’s “cabinet, with vintage prints” at prices in the range of €15,000–€20,000 ($16,200–$21,600).
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Maxwell Rabb
Maxwell Rabb is Artsy’s Staff Writer.
Arun Kakar
Arun Kakar is Artsy’s Art Market Editor.