Art Basel Draws 95,000 Visitors, Makes ‘Market-Defying’ Sales

ArtFixDaily
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Art Basel Draws 95,000 Visitors, Makes Market-Defying Sales

Lehmann Maupin © Art Basel The 47th edition of Art Basel in Basel closed on Sunday, June 19, 2016 amid reports of significant sales across all levels of the market, including many major sales by galleries exhibiting within the Unlimited sector. Attendance from international collectors and institutions was once again very strong, with new collectors from countries across Africa and the former Soviet Union, as well as Iran, Lebanon, Japan, Korea, the Philippines and Thailand, coming to the fair for the first time. In a more volatile market and political environment, this edition proved that there continues to be a