Artsy Insider: Two artists see major sales at Art Basel in Basel
This week’s sales match the high end of the aftermarket for Binion’s work, where his parts have only passed the $ 100,000 mark five times. These five results date back to the last three years. In May of this year, its large monochrome square composition with a circle placed on its characteristic grid,DNA: Black paint: III (2015), sold for $ 300,000 at a Christie’s Day sale in New York. This price was double the work’s high estimate and broke Binion’s previous auction record.
His works on paper, to date, have capped at $ 15,600, or about half the price of the work sold this week by MASSIMODECARLO. On Artsy, the demand for his work increased in 2017 – the year he was included in the central exhibition of the Venice Biennale and had his first solo exhibition with the Italian gallery – with the number of collectors growing. investigating his work on the platform almost tripling from 2016. With a quarter of the end, this year is already his biggest on the platform.