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Yutaka Sone Little Manhattan (2007-2009) at David Zwirner Gallery – All images by Caroline Claisse for Art Observed

Art Observed remains on site in Basel, Switzerland for Art 42 Basel 2011.  The following is our second of the photosets of the main fair.  Stay tuned for more coverage of the main fair before the end of the week as well as profiles of the satellite exhibitions and events.

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Artist Wim Delvoye before one of his sculptures at Galerie Emmanuel Perrotin

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All photos by Caroline Claisse for Art Observed

Since its opening in 1996, the LISTE – the Young Art Fair in Basel has showcased new and important galleries and contemporary young art. The LISTE generally will restrict participants to galleries that have been in business for no more than 5 years and will show artists generallly under 40 years old.   Art Observed was on site to document some of the offerings.

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Iwan Wirth at Hauser and Wirth

Art Observed is on site this week for Art Basel 42, the world’s largest contemporary art fair.  Art Observed was on site for the VIP vernissage of the main fair.  Officially the fair opens Wednesday, with a duration of 5 days from June 15th to the 19th.  Roughly $1.75 billion of artwork is reportedly for sale by 300 galleries from 35 countries at the fair this year.  Initial energy from the fair can be gauged to be very brisk with many gallerists reporting healthy buying activity.  Already mega-collectors such as Eli Broad and Dasha Zhukova, girlfriend and partner of Billionaire collector Roman Abramovich were spotted at the fair as was actor Will Ferrell.   Bloomberg reported that a 1969 Mark Rothko abstract was sold by L&M Arts for over $5 million.  More coverage of events from Art Observed will follow this week.

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Anish Kapoor Push – Pull (2008) – All photos by Caroline Claisse for Art Observed

Art Observed begins its onsite coverage with a photoset of the people and works of Art 42 Basel’s Art Unlimited and Art Statement.  Since 2000, Art Unlimited is Art Basel’s exhibition platform for projects that transcend the art booth formats.  It includes video projections, large-scale installations, oversized sculptures and often live performances. Selected by the Art Basel Committee, it has been curated this year and since the beginning by Geneva curator Simon Lamunière.

Art Statements, also at the main fair, consists mainly of emerging artists.  Art Statements features one-artist stands from rising galleries globally and is found in Hall 1.

Gallerist Tony Shafrazi

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