Art Basel, the international fair of contemporary art, finished Sunday after reporting some major sales.

Roman Abramovich, the Russian multibillionaire and owner of Chelsea soccer club bought one of Alberto Giacometti’s elongated woman sculptures for a seemingly modest US$14 million (€9 million), according to The Art Newspaper’s special Basel edition.

The 300 participating galleries offered works by more than 2,000 artists, priced between a few thousand and millions of dollars.

Posted: 06|9|08 at 8:46 am. Filed under: Fairs News.