Art News. Vasari Codex

trending_up market schedule Jun 19, 2025 visibility 19 link 3 artists, 4 galleries

young collector habits

Maurice Mielcarek, a 43-year-old Zurich-based collector, exemplifies a new generation of younger art buyers who prioritize lasting engagement over speculation. At Zurich Art Weekend, he introduced friends to New York artist Travis Boyer, whose velvet paintings Mielcarek has collected for two years. This cohort, mostly in their 30s and 40s, takes a slower, research-driven approach to collecting, often building relationships with artists and galleries before purchasing. They focus on discovery, conceptual works, and supporting artists' visions beyond mere acquisition.

newspaper Artnet News open_in_new Read original

trending_up market schedule Jun 18, 2025 visibility 40 link 155 artists, 11 galleries

The 10 Best Booths at Art Basel 2025

Art Basel 2025 opened on June 17 with its VIP preview at Messeplatz in Basel, Switzerland, under intense heat. The 55th edition of the fair features 289 galleries from 42 countries, including 19 newcomers, and introduces a new Premiere section for mid-sized galleries showing recent works. Despite a challenging art market, the VIP day saw packed booths, international crowds, and strong sales of six- and seven-figure works, with dealers expressing optimism. The fair also includes returning sections like Statements and Feature, plus Art Basel Unlimited for monumental works, alongside concurrent events such as Liste Art Fair and museum shows by Jordan Wolfson and Steve McQueen.

newspaper Artsy open_in_new Read original

trending_up market schedule Jun 17, 2025 visibility 23 link 11 artists, 5 galleries

With more than 40 galleries represented, Germany is a major player at Art Basel this year

Germany is the second-most represented country at Art Basel in Switzerland this year, with over 40 galleries participating, trailing only the United States. The fair is led by German-born director Maike Cruse, and features prominent German artists including Katharina Grosse, Martin Kippenberger, Tim Eitel, and Jana Schröder. Despite lacking mega-galleries, Germany boasts respected spaces like Galerie Max Hetzler and renowned collectors such as Reinhard Ernst, Julia Stoschek, and the Plattner family. Dealer Gerd Harry Lybke notes Germany's art market is 'very stable' compared to other locations.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Jun 16, 2025 visibility 22 link 13 artists, 6 galleries

In tough times for dealers, Art Basel debuts a section for new works

Art Basel is introducing a new section called Premiere at its upcoming fair, designed for galleries to present works created within the last five years by up to three artists, organized around a loose curatorial concept. The inaugural section features ten exhibitors, mostly smaller to mid-sized galleries showing mid-career artists, with prices ranging from €5,000 to $85,000. The section is priced at SFr22,000 for a 32 sq. m stand, cheaper than the main section but more expensive than the emerging-artist-focused Statements section, which can be financially risky for dealers.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Jun 12, 2025 visibility 12

Art Basel exhibitors will show ‘the most ambitious works’ despite economic headwinds

Art Basel will host nearly 290 galleries from around the world in Basel, Switzerland, from June 19-22, 2025. Director Maike Cruse expresses confidence in the art market's resilience despite a 12% decline in global art sales last year, citing an uptick in transactions in the middle and low market segments and a surge of new, younger collectors. The fair introduces a new section called Premiere, dedicated to ultra-contemporary works made within the past five years, featuring ten galleries and two first-time Art Basel participants. New EU tax breaks on art purchases, including Germany's VAT reduction from 19% to 7%, could boost sales for the roughly half of exhibitors based in the bloc, though the threat of US tariffs under President Donald Trump creates uncertainty.

newspaper The Art Newspaper open_in_new Read original