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ARCO Sales

February 20, 2011 by Marion Maneker

The Art Newspaper’s Nicholas Smirnoff records some sales from the 197 galleries (29% of the Spanish) at ARCO in Madrid:

  • Galerie Lelong: a 2010 painted collage by Jane Hammond for €27,000 and a 2008 drawing by Jaume Plensa for €45,000
  • Helga de Alvear: a Giacometti-inspired sculpture by Elmgreen & Dragset L’Homme qui ne Marche Plus from 2009 for €55,000 to a Belgium collector and a black-and-white photograph by Santiago Sierra for €25,000 to the Spanish Fundación María Cristina Masaveu Peterson in Asturias.
  • Marlborough Gallery: a painting by Manolo Valdés for €268,000 and one by RB Kitaj for €197,500, both to European collectors.

Georgina Adam puts a few more sales in her Financial Times column:

  • Soledad Lorenzo reported at least six sales on the first morning and a reserve on Tapiès’ “Escala, Espaca” (2005), priced at €324,000
  • Lelong sold a couple of works on the first day, a butterfly-encrusted canvas by Jane Hammond (€27,000) and a work by Jaime Plensa (€45,000)
  • Edward Tyler Nahem quickly found a buyer for one of four Antonio Sauras from a private collection (priced at $120,000-$250,000).

Optimism Returns to Madrid’s ARCO (The Art Newspaper)

The Art Market: Return of the Boomers (Financial Times)

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Filed Under: Art Fairs Tagged With: ARCO

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