“Since Carlos has run the fair, it’s made an enormous step forward. It has become so international. Not just European collectors, but ones from Latin America and the U.S.,” said Thomas Krinzinger of Austria’s Galerie Krinzinger, who noted that he’d already sold two pieces for between 30,000 and 50,000 euros.
Marcia Gail Levine, special projects director at New York’s Marlborough Gallery, said that the gallery had already sold four pieces by Juan Genovés for around 100,000 euros and two by Manolo Valdés for some 200,000 euros to Spanish and American collectors.
Reading Spain’s economy through art sales (Term Sheet/Fortune)
“Otra Frontera,” a 2013 conceptual wall sculpture made out of a sieve by the Argentinian artist Nicolás Robbio, was among Vermelho’s early sales, to a Colombian collector for $4,000
Galería Elvira González: 1984 Robert Mapplethorpe photograph “Pheasant” to a Spanish foundation for €13,000; 2008 Miquel Barcelo canvas, “Dogon – 2,” reminiscent of a cave painting, for about €430,000
Global Reach for Smaller Fairs (NY Times)
Helga de Alvear: Angela de la Cruz, which sold for €60,000 (US$82,200)
Thomas Schulte: Juan Uslé. Titled Two in Blue Note (2013), the painting sold for €65,000 (US$89,000).
Kewenig: an Elger Esser photograph titled La Grande Be (2009) for €40,000 (US$55,000).
Javier Lopezsold: KAWS, NYT (2909) (2014), for US$16,8000.
Mehdi Chouakri: Mathieu Mercier’s Drum and Bass 182 (2002-2013) for €18,000 (US$24,750).
Galeria Filomena Soares: Rodrigo Oliveira, Fachada Suprema (Luxalon) (2014) for €16,000 (US$22,000).
ADN Platform: 54 Carlos Airesworks on US dollar bills from his Disaster Series, each priced at the impulse-buy price of €1,000 (US$1,370). By Friday, the gallery had already sold 13 of the works
AtAMA gallery: Elina Brotherus’, L’Etang (2012) went for €8,500 (US$11,600).
Gallery Forum Box: Mia Hamari’s sculpture for €2,980 (US$4,080).
ARCO Madrid Delivers Solid Mid-Market Sales in 2014 Edition (Artnet News)
Galerie Anhava: Antti Laitinen,“Forest Square I” and “Forest Square II,” 2013, sold almost immediately for €5,000 ($6,800) each.
Showroom Helsinki: Jiri Geller, “We Come At Night (Glossy),” 2014. Priced at €105,000 ($144,000), this new work already sold prior to the fair.
ARCOmadrid Puts a Spotlight on Finnish Art (Blouin ArtInfo)