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A $20 million Philip Guston painting leads the reported sales from Art Basel in Miami Beach’s VIP day.

Arun Kakar
Dec 7, 2023 11:49AM, via Art Basel

Art Basel in Miami Beach, 2023. Courtesy of Art Basel.

A $20 million Philip Guston painting led the slate of reported sales from the VIP day of Art Basel in Miami Beach, which opened yesterday. The painting, Painter at Night (1979) was sold by Hauser & Wirth, which also announced sales of a $2.4 million George Condo painting and a $1 million Henry Taylor painting.

“For us, this opening of Art Basel Miami Beach has been a resounding affirmation of the American art market’s strength and resilience,” said Marc Payot, president of Hauser & Wirth.

Other seven-figure sales announced by galleries at the fair included:

Other notable sales from the opening day of the fair included a work by Alicia Adamerovich, which was sold by Michael Kohn Gallery to the ICA Miami, and Miami-based Spinello Projects’s entire booth from of works by Esaí Alfredo, which were sold within the first one and a half hours of the fair. Prices for those works ranged from $11,000 to $35,000.

Arun Kakar
Arun Kakar is Artsy’s Art Market Editor.