Kenny Schachter records an impressive $22.4m in Rudolf Stingel sales, a bit of Stingel-mania, that took place at ArtBasel. With three more Stingels coming up next week in the London sales and Inigo Philbrick’s show of “Instruction” paintings, we’re in the midst of a market run for the painter.
On the secondary front, Dominque Levy’s three Stingels were priced at $2.4 million, $2.2 million and $1.75 million, and ranged from an abstract “Instruction Painting” to a pair of small semi-abstract portraits. Richard Gray sold a 50-inch square gold wallpaper painting for $2 million as well. Not to be outdone, Jay Jopling sold gloomy black-and gold-wallpaper for $2.8 million; however, it had a $3.25 million asking price. A good time for discounts.
Primary dealers Sadie Coles sold her big bird painting swiftly with a $4 million asking price, Massimo De Carlo sold his distorted abstract/patterned work for $1.8 million, Gagosian sold his ginormous gold patterned work with an asking price of $3.8 million. And Paula Cooper sold a red dotty abstract triptych for $1.2 million. That’s not taking into account the few I missed. I read Stingel doesn’t like his prices noted; I hope he understands I’m simply a massive fan, albeit a curious one.
Kenny Schachter Declares Basel the New Art Hajj (artnet News)