Art Miami Continues Strong Sales Momentum on Day Four; Record Number of Sales Propels Fair to Strong Finish
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- Art Miami Continues Strong Sales Momentum on Day Four; Record Number of Sales Propels Fair to Strong Finish
Art Miami, Miami’s longest running contemporary art fair and anchor fair to the City of Miami, announced at the close of the fair’s fourth day (Saturday) that collective sales exceeded the 2010 figures by more than double.
Galleries continued to report strong five and six-figure transactions, as the fair continued to attract more high-profile collectors, museum professionals, curators, connoisseurs and artists. Distinguished for its quality, depth and diversity, Art Miami presents an incredible showcase of works from internationally renowned modern and contemporary art from 110 international art galleries.
“Our exhibitors are continuing to report strong sales every day— more than twice than what we saw last year at this time,” said Nick Korniloff, Director of Art Miami. “We attribute this to our galleries who are exhibiting superb quality works that are very well priced; collectors are responding and investing accordingly.” Korniloff continued, “This week we have demonstrated that Art Miami is a true destination for collectors, and we are anticipating a very strong finish for Sunday.”
Vincent Vallarino, owner of Vincent Vallarino Fine Art stated, “We’re seeing very good people, important collectors we’ve known from the past, and new collectors that are quite knowledgeable. The attendance on day four remains very good and the aura of the fair is completely energized.” McCormick Gallery/Vincent Vallarino Fine Art, has exhibited at Art Miami for several years, and sold a record of eight abstract expressionist paintings from important artists from the 1950s in the past four days.
On day four, several galleries reported seeing notable collectors, museum curators, and celebrities including: Jane Seymour, Ella Cisneros, Michael Eastman, Alice Walton, James Byrd, Patricia and Phillip Frost, Mr. and Mrs. Henry Otsberg, Mike Eidson, Stephen and Diane Volk, Darren Kimball, Mark Rosen, Dr. Jorge Daaboul, Silvana Facchini, Consuelo Escrihuela Chumilla, fashion designer Silvia Tcherassi, Balthazar Magazine publisher Arty Takian, Andrea Dorigo, Milena Cavicchioli, Paolo Alberti and professionals from the Hood Museum of Art at Dartmouth College, MOCA Miami, Detroit Institute of Arts, Bellevue Arts Museum, Vero Beach Museum of Art, Institute of Contemporary Art at the University of Pennsylvania, Spellman College, Mobile Museum of Art, Museum of Art of Fort Lauderdale and more.
Picture: Alexander Calder's "Red and Black" which Mark Borghi Fine Art sold on Saturday for approximately $85,000.
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