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What’s Sold at Art Basel in Basel
Artsy

As the art world descended on Switzerland this week for the 47th edition of Art Basel in Basel, the finance and business worlds continued to mull over the fact that one week from today, Britain may vote to exit the European Union. Brexit, as the referendum has been termed, is among a laundry list of factors that have some market analysts, wealth managers, and central bank economists alike predicting increased volatility in the global economy.

 

Lehmann Maupin sold Teresita Fernández’s ceramic wall work Fire (America) 2 (2016) for between $400,000–500,0000, Tracey Emin’s Feeling Sexy and Beautiful (2015) embroidery for £150,000–200,000 (and the artist’s installation in Unlimited, co-presented with White Cube and Xavier Hufkens, for an undisclosed price), and Nicholas Hlobo’s Idabi (2016) for $80,000–120,000, among others.