According to UBS chief investment officer Mike Ryan, “an obvious appetite for art right now, especially in the ultra high net worth space,” has combined with a near-unprecedented eight-year expansion in global equity markets (currently the third-longest in history), providing the liquidity to feed that appetite. Once more, Art Basel drew in a particularly strong turnout of both established and new collectors, from over 100 countries, with especially robust attendance from Europe and Asia.
$100,000 Thomas Ruff
At Konrad Fischer Galerie
$95,000 Wolfgang Tillmans
$94,405 Thomas Struth
At Galerie Greta Meert
Two editions of Thomas Struth‘s inkjet print Chemistry Fume Cabinet, the university of Edinburgh (2010)
$80,000: Carrie Mae Weems
Jack Shainman Gallery
The Blues (2017) a series of tinted photographs of the singer Mary J. Blige
$65,000 Ana Mendieta
Alison Jacques Gallery
Two unique vintage prints.
$30,000–40,000 Alex Prager
At Lehmann Maupin
Anaheim 2017
$30,000: Catherine Opie
Regen Projects
Debut photograph for her The Modernist series
$8,000 Kwame Brathwaite
At Philip Martin Gallery
From the 1960s (printed 2017).