Agence France Presse squeezes out the last few FIAC sale reports.

• Zurich-and-London gallery Hauser & Wirth sold a Louise Bourgeois sculpture at Frieze for 2.4 million euros (3.5 million dollars)
• New York’s David Zwirner pocketed 680,000 euros (a million dollars) for a Neo Rauch.
• New York’s Skarstedt Gallery sold a Cindy Shermann photo for over a million euros (1.4 million dollars)
• Paris-New York’s Yvon Lambert sold a Jenny Holzer for over 300,000 euros (442,000 dollars). […]

The crisis was affecting collectors, said private French buyers Marc and Josee Gensollen. “We have to make sacrifices, but some of us choose not to sacrifice art. ”

However, negotiating the price has become easier,” he said.

“I think there is a new generation of collectors and a new public for contemporary art,” said Chantal Crousel of the eponymous Paris gallery, which sold half of its works on show at the FIAC, for prices ranging from 550 euros to 300,000.

“There are people out there who want to live in the times and who want art that reflects the times.”

Art Trade Bounces Back, Still Not a Pretty Picture (AFP)