French Art Dealers Aim to Galvanize Market at Contemporary Fair
Published October 25th, 2006
French art dealers are seeking to revive the market with help from the FIAC contemporary fair, which admits VIPS such as Francois Pinault and Bernard Arnault to today’s private views at the Grand Palais. They have a way to go.
Yves Klein, on show at the Centre Georges Pompidou, is traded 9 percent in France and 80 percent at U.S. and U.K. auctions, said Artprice.com. Among contemporary artists, the U.S.’s Jeff Koons is the top auction seller; no French artist ranks higher than Robert Combas, in 70th place out of 100, said the data tracker.
Contemporary fairs can create a new art season. London’s Frieze Art Fair ended Oct. 15, after spawning museum and gallery shows as well as auctions that raised $157 million from visitors who filled the U.K. capital’s hotels and restaurants.
Related Articles Cancelled Manhattan art fair a sign of saturated marketNew York Art Fairs Doing Brisk BusinessFrench Lingerie Fairs Making Move to ParisBasel Art Fair May Sell More Than $300 MillionLinden Hall Luxury Antiques Weeked
