ARTFEED — Contemporary Art Intelligence

Art Basel Miami Beach 2023: Italian Galleries Report Slower Sales

market-auction · 2026-04-26

Art Basel Miami Beach 2023 concluded on December 10 at the Convention Center, witnessing a decline in sales and lower price points. The event saw Hauser & Wirth achieve the top sale with Philip Guston's 'Painter at Night' for $20 million. David Zwirner set a new record by selling Marlene Dumas' 'The Schoolboys' for $9 million, in addition to works by Yayoi Kusama and others. Other significant transactions included Lee Ufan at Mennour ($700,000–900,000) and Georg Baselitz at Thaddaeus Ropac. The fair introduced 'Access', pledging at least 10% of artwork sales to the Miami Foundation and the International Committee of the Red Cross. Italian galleries experienced varied outcomes, with Mazzoleni selling two pieces by Salvo ($90,000–250,000). While collectors expressed a cautious sentiment, they acknowledged the quality of the art.

Key facts

  • Art Basel Miami Beach 2023 closed December 10 at the Convention Center.
  • Hauser & Wirth sold Philip Guston's 'Painter at Night' for $20 million.
  • David Zwirner sold Marlene Dumas' 'The Schoolboys' for a record $9 million.
  • Art Basel launched 'Access' platform donating at least 10% to charity.
  • Italian gallery Alfonso Artiaco reported sales below expectations.
  • Mazzoleni sold two works by Salvo for $90,000–250,000.
  • Ribot Gallery sold Stefano Perrone installation for $25,000 at NADA.
  • Collector Matteo Novarese named Lera Dusbitskaya his best discovery.

Entities

Artists

Institutions

  • Art Basel
  • Art Basel Miami Beach
  • Convention Center
  • Miami Foundation
  • International Committee of the Red Cross
  • Hauser & Wirth
  • David Zwirner
  • Yares Art
  • Mennour
  • Xavier Hufkens
  • Thaddaeus Ropac
  • Spinello Projects
  • El Espacio 23
  • Alfonso Artiaco
  • Mazzoleni
  • Cardi Gallery
  • Ribot Gallery
  • Lunetta11
  • Studio G7
  • Secci
  • NADA
  • Untitled
  • Francois Ghebaly
  • Document
  • Candice Madey Gallery
  • Lyles and King
  • Night Gallery
  • Anat Ebgi
  • Lisson Gallery
  • Kohn Gallery
  • James Fuentes
  • Nicolai Wallner
  • Anna Eriksson
  • Soko
  • Madragoa
  • Eastcontemporary
  • Edel Assanti
  • Bradley Ertaskiran
  • Rubell Museum
  • Artribune
  • Massimo De Carlo
  • Pace Gallery
  • Mitchell Innes and Nash
  • Marinaro Gallery
  • Franz Kaka
  • Stems
  • Jack Barret
  • Lyles&King
  • Clima
  • Luce Gallery
  • PlanX
  • Anna Erickson Presents
  • The Flat – Massimo Carasi
  • X Museum
  • Design Miami/
  • Nada
  • Untitled Art
  • Zero 10
  • Beeple Studios
  • Galleria Alfonso Artiaco
  • Mai 36
  • Timothy Taylor
  • Pippy Houldsworth
  • Casey Kaplan
  • Paci contemporary
  • Untitled Art Fair
  • ABC-Arte
  • Wizard Gallery
  • Casa Triângulo
  • Perrotin
  • Mugrabi Collection
  • Helly Nahmad Gallery
  • Matthew Marks Gallery
  • Victoria Miro
  • Jack Shainman Gallery
  • Casey Kaplan Gallery
  • Galleria Continua
  • Richard Saltoun Gallery
  • Rele Gallery
  • Institute of Contemporary Art, Miami
  • MCH Group
  • NABA

Locations

  • Miami
  • Miami Beach
  • United States
  • Italy
  • Milan
  • Bologna
  • Paris
  • China
  • Florida
  • Convention Center
  • Miami Beach Convention Center
  • London
  • Naples
  • Turin
  • Nashville
  • Pechino
  • New York
  • Lisbon
  • Portugal
  • Genoa
  • Brescia
  • Houston
  • Venice
  • Basel
  • Switzerland
  • Hong Kong

Sources

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