FIAC Grand Palais, photo courtesy We Want Contrast for Art Observed

FIAC, one of Europe’s main three art fairs, held its vernissage last night in Paris at the Grand Palais. Dealers saw strong blue chip sales, including an $8 million Joan Miro panting, despite concerns over France’s proposed increase in wealth taxes and a strong Frieze and Frieze Masters in London the week before.

Gilles Fuches, President Prix Marcel Duchamp

All photos by Tiphaine Popesco for Art Observed unless otherwise noted

The crowd at FIAC

FIAC has added more contemporary work from the second half of the 20th century in the last two years, attracting big collectors like Francois Pinault, Bernard Arnault, Alberto Mugrabi and Omer Koc.

(more…)

Thomas Zipp on Paper – Via Hikari

Weather was clear and sunny the day the fair opened, many escaping the heat into the hordes of people who had purchased tickets or somehow found their way into the exclusive Vernissage, or opening of the fair. While some seem determined to close the details on any hot pieces that managed to make to the fair yet unsold (many pieces are sold to collectors before the galleries even make it to the fair) most seemed to just be milling around aimlessly. However there was a buzz in the air and excitement to see such masterpieces as Basquiats that were hidden for years in a private collection at Jan Krugier’s booth, a breathtaking 5 channel video piece by Doug Aitken at 303 Gallery’s booth and a performance utilizing a piece by Jim Shaw (performed by his assistant) complete with four armed electric guitar and burlap hooded cloak.

More Images post-jump
(more…)