ARTFEED — Contemporary Art Intelligence

Italian Galleries Report Strong Sales at Art Basel 2022

market-auction · 2026-04-27

Art Basel 2022 wrapped up with impressive sales and significant engagement from collectors, drawing in 70,000 attendees, among them Mera Rubell and Patrizia Sandretto Re Rebaudengo. A standout sale was a sculpture by Louise Bourgeois, fetching $40 million. Italian galleries shone brightly: Galleria Continua sold a painting by Yoan Capote for €850,000, while Raffaella Cortese sold Ana Mendieta's 'Rape Scene' (1973/2001) and a triptych by Anna Maria Maiolino, with prices ranging from $50,000 to $230,000. Martina Simeti made her debut at Liste, selling Costanza Candeloro's works (€3,500-9,000). Lia Rumma sold pieces by Ilya and Emilia Kabakov (€600,000-800,000). Massimo De Carlo moved about 30 artworks priced between $50,000 and $350,000. First-time exhibitors included Corrado Gugliotta and Martina Simeti, with notable interest in Venice Biennale artists.

Key facts

  • Art Basel 2022 attracted 70,000 visitors.
  • Louise Bourgeois spider sculpture sold by Hauser & Wirth for $40 million.
  • Galleria Continua sold Yoan Capote painting for €850,000 to a European institution.
  • Raffaella Cortese sold Ana Mendieta's 'Rape Scene' to a Swiss private collection.
  • Martina Simeti debuted at Liste, selling Costanza Candeloro works for €3,500-9,000.
  • Alfonso Artiaco sold 17 works, including Diego Cibelli sculptures for €6,000-9,000.
  • Massimo De Carlo sold about 30 works, with Jenna Gribbon and Ferrari Sheppard sold out.
  • First-time participants included Corrado Gugliotta, Veda di Firenze, and Martina Simeti.

Entities

Artists

Institutions

Locations

  • Basel
  • Switzerland
  • Milan
  • Italy
  • Rome
  • Hong Kong
  • Beijing
  • Paris
  • London

Sources