- Continua sold a Daniel Buren for €55,000.
- Delhi Art Gallery: Laxma Goud’s Untitled, 1973, at $250,000.
- Hauser & Wirth: a Bharti Kher purple bindi painting, I changed my mind, 2011, tagged at $250,000
- Lisson: photographs of Marina Abramovic amongst pots and pans […] priced at €25,000-€160,000, with one sold at €70,000 on the first day.
Neha Kirpal doesn’t have it easy when trying to quantify the success of her fair. First there’s the attendance issue. The fair was moved to another location this year in part to improve the quality of attendance. So reducing the crowds by one third to 80,000 visitors was seen as a key success.
The India Art Fair also needs to show it’s constituency—the art galleries who pay for booths—that it can deliver the kinds of visitors who will buy art, according to India Today:
almost 80 per cent of the galleries sold more than one artwork, going up to as much as 14 works being sold by a single gallery. The stalls did an average business of between 55,000 and 60 lakh per piece, with the higher end of that spectrum settling at Rs. 3 crore [roughly $1000 to $600k]. While Ravinder Reddy woman sculptures and the Indian modern masters were quick to go, it was photography, videos and installations by emerging artists that did exceptionally well this year, even amongst the traditional collector base.
India Art Fair Looks Poised to Join the Big League (The Art Newspaper)
India Art Fair Hosts Huge Crowds on Final Day (India Today)