Art Basel Paris 2024: Safe Investments in a Shifting Market

Grand Palais

«Art Basel Paris»

2024

Grand Palais

«Art Basel Paris»

2024

Grand Palais

«Art Basel Paris»

2024

The event attracted a significant international presence, with collectors and advisors from around the globe, including Maja Hoffmann, Jose Mugrabi, and Martin Margulies. The city’s vibrant art scene was further enhanced by major exhibitions at the Fondation Louis Vuitton and the Bourse de Commerce-Pinault Collection.

Grand Palais

«Art Basel Paris»

2024

Grand Palais

«Art Basel Paris»

2024

Grand Palais

«Art Basel Paris»

2024

Among the standout galleries at the fair, the following ten made a notable impact with their impressive booths and artworks:

1. Pace Gallery

Curated by Paulina Olowska, the booth featured works by Louise Nevelson, Kiki Smith, and Lucas Samaras, including a $950,000 sculpture by Smith.

2. Templon

Focused on French artists, Templon reported strong sales, including a €120,000 piece by Gérard Garouste.

3. Nahmad Contemporary

Showcased a Manet-inspired Magritte for $8.5 million and a Max Ernst at $10 million, celebrating the centenary of surrealism.

Hughie Lee-Smith

«Boy with a Flute»

1960

Juliette Roche

«Woman in a red coat»

1930

Ella Kruglyanskaya

«See Saw»

2024

4. David Zwirner

Highlighted two stunning Josef Albers paintings, drawing attention for their beauty and significance.

5. Hauser & Wirth

Featured a valuable Malevich from 1915, alongside a $500,000 painting by Jeffrey Gibson, reflecting a trend toward safe investments.

6. Landau Gallery

Displayed a 1960 Magritte, “La Corde sensible,” with a price tag of €39.2 million, signaling a significant appreciation in value.

Lichtenstein Roy

«Modern painting with small ball»

1967

Anselm Kiefer

«I want to see my mountains»

1988-2000

Art Basel Paris

«Landau Gallery»

2024

Grand Palais

«Art Basel Paris»

2024

Grand Palais

«Art Basel Paris»

2024

Grand Palais

«Art Basel Paris»

2024

7. Ceysson & Bénétière

Reported sales of €1.8 million, including 38 works, showing their ability to attract collectors early in the event.

8. White Cube

Sold out completely, including a $9.5 million work by Julie Mehretu, exemplifying the strong demand for high-caliber art.

9. Gagosian

Showcased major works by contemporary masters, capturing the interest of discerning collectors.

10. Galerie Templon

Featured both established and emerging artists, reflecting the diverse offerings of the Paris art scene.

Grand Palais

«Art Basel Paris»

2024

Grand Palais

«Art Basel Paris»

2024

Grand Palais

«Art Basel Paris»

2024

This year’s Art Basel Paris exemplified the city’s cosmopolitan spirit, proving that, even in challenging times, the art world remains vibrant and engaged.

About the author:
Catherine Borodai is a seasoned specialist with a robust background in investment, art, and marketing. With a keen eye for valuable art investments and extensive experience in strategic marketing, Catherine bridges the gap between finance and creativity. She excels in identifying lucrative investment opportunities in the art world, leveraging her marketing expertise to promote and enhance the value of art assets. Catherine’s unique blend of skills makes her a pivotal figure in the intersecting realms of art investment and marketing strategy.

https://www.linkedin.com/in/catherine-borodai/

CATALOGUE: