LCC News
$20M PICASSO, $4M BANKSY SALES JUICE HOT ART BASEL MIAMI MARKET
Oct
SALES AT ART BASEL MIAMI BEACH WERE BOOSTED BY A NEARLY $20 MILLION PICASSO SALE
Banksy’s “Charlie Brown” mural.
Sales at Art Basel Miami Beach were boosted by a nearly $20 million Picasso sale — plus a key piece by British artist Banksy that went for $4 million at Art Miami.
Art dealers reported a red-hot market, with gallerist Helly Nahmad selling Pablo Picasso’s “Mousquetaire et Femme a la Fleur,” 1967, for just under $20 million to an undisclosed buyer on opening day at Art Basel Miami Beach on Tuesday.
At Art Miami, a work by British graffiti artist Banksy — “Charlie Brown” — sold for $4 million on opening day.
Their collection of other Banksy pieces, including “Tank with Leopard on Target” — plus artworks by David Yarrow and George Condo — drew big crowds.
Among the crush of rich collectors, art aficionados and advisors, celebrity buyers spotted this at the Miami art fairs this week included Leonardo DiCaprio, Randy Gerber, Pharrell Williams, Sofia Vergara and Channing Tatum.
