Art Market Monitor

Global Coverage ~ Unique Analysis

David Lester on Art Fairs

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When we went to speak with David Lester at the American International Fine Art Fair in Palm Beach, he talked a bit about why his business concentrates on Florida.

He’s in the midst of launching two new fairs in Naples, FL. Here he explains a bit why:Continue Reading

David Lester: Future of Art Fairs

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Last week saw David Lester’s American International Fine Art Fair in Palm Beach open to a very strong Vernissage with over 5000 attendees. AMM sat down with Mr. Lester to talk about his business last week. Here’s a long clip from the interview where Lester discusses the challenges facing art fairs. We’ve got several more clips that we’ll run later but here you can hear Lester–in the moments before the fair opened–talk about his expansion plans:

Palm Beach Tells a Story

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The American International Fine Art Fair in Palm Beach did some business last week. Sarah Douglas went to Florida for ArtInfo.com and got these sales:

  • Paris dealer Jacques Bailly sold a Jean Dufy painting, Avenue Foch, for a price in the mid-six figures on opening night.
  • New York dealer Lawrence Steigrad sold a large painting, Temptation, by Swedish artist Bernhard Osterman (1870-1938), that had an asking price of $225,000.
  • Munich’s Galerie Terminus, was Fernando Botero’s large painting The Card Players, 1989, priced at $2.25 million, which a collector put on reserve on opening night. […] Grusdat quickly sold a bronze sculpture by Dietriche Klinge, Kopf Wonnebi, 2006, for $15,750, and a painting by Heiner Meyer, Capri Fisher, 2009, for $14,250. […] Two of his Tony Cragg sculptures were swiftly put on hold, one for $450,000 and another, positioned just outside the fair’s VIP lounge, for $390,000;
  • Among other artworks, [Michael] Goedhuis sold a work on paper by Qin Feng, West Wind East Water, 2008, for $75,000.

The Palm Beach Post tallies up a few of the transactions too:Continue Reading

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