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Frieze Opens; Art Sells

October 16th, 2008

The Master, Judd Tully, catalogues several more sales at Frieze on ArtInfo. They include Subodh Gupta, who has last none of his charm for buyers:

Several reserves were in place for late American pop artist Tom Wesselmann’s Sunset Nude, Yellow Curtain, Yellow Tulip from 2003, at $2.2 million. “It’s much better than I thought,” Lambert’s Emilio Steinberger said of the fair, “but slower than last year.”

Dealers are hoping museums will take up some of the slack. The Tate did, according to Bloomberg:

Tate, the U.K. museum network, spent 125,000 pounds ($215,000) buying six contemporary artworks from London’s Frieze Art Fair a day before its public opening. [ . . . ] The Tate team, with help from two outside curators, bought works including two video projections, a reel-to-reel tape recording, and a piece made of paper clips. Four of the six artists have no works in the collection yet, said Tate Director Nicholas Serota, interviewed at the fair; one is Czech, another Lebanese. Serota said Tate’s aim was to broaden its collection beyond Northwest Europe and North America.

More Sales, New Attitude at Frieze (ArtInfo)

Tate Buys $215,000 in Contemporary Art at London’s Frieze Fair (Bloomberg)

Posted in Art Fairs, London

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