An exciting and electrifying art show in a dynamic city, Art Basel Hong Kong drew about 60,000 visitors during its March 12 – 17, 2015, run time, according to the New York Times. The crowds of guests consisted of art lovers, collectors, curators, and delegations from art institutions around the globe, as well as a few well-known celebrities.
Visitors were treated to works from local artists as well as more well-known names representing a strong confluence of East and West. Sales were brisk from the first few moments to the last day as collectors and aficionados snapped up important works from artists all over the world—from mainland China to Great Britain. Art Basel Hong Kong hosted 233 galleries from 37 countries.
Asian buyers showed a new eagerness to consider work from far-flung locations across the globe, from the Middle East to European countries. A Chris Ofili painting netted USD$2 million and a Neo Rauch brought in USD$1 million.
Gagosian Gallery’s booth as well as White Cube’s booth were packed from the start as show visitors lingered near and took pictures with Nam June Paik’s Golden Buddha, 2005, as well as a miniature by Jake and Dinos Chapman.
New artists to the fair were also treated with respect, such as Cambodian artist Leang Seckon, whose art was featured in Rossi and Rossi’s booth. His reasonably priced works found homes with a wide range of buyers from around the world.
The success of Art Basel Hong Kong lies in part because of the 50/50 balance between Eastern and Western art. Asian art is also becoming much more highly represented in other Basel fairs in other parts of the world. It is fantastic that Asian artists are being given the respect and honor they deserve.
It’s been a few years since the inauguration of Art Basel Hong Kong and the global fair, Art Basel, is now found in three major cities, including Basel Switzerland and Miami Beach. Also contributory to their success, are fine art companies who facilitate logistics, installation, and storage for some of these extremely valuable works. Museo Vault is a major resource for Art Basel Miami Beach, having installed the outdoor sector named Public, four years in a row, which include monumental sculptures by artists represented by Gagosian Gallery’s and other galleries of its same caliber. Public 2014 included artists like Lynda Benglis, Tatiana Trouve, and Yinka Shonibare, all who received exceptional response.
When it comes to storing fine art works, Museo Vault is ready and equipped to keep your precious investments safe from harm or damage. Our services include top quality storage solutions as well as public exhibitions, private appraisals, lectures, and more from a staff with over 100 years of fine art handling experience. Visit our Home page to learn more.