Picasso Work Sells for $4 Million at Art Basel Hong Kong's 2026 Edition
The 13th edition of Art Basel Hong Kong commenced on March 25, 2026, at the Hong Kong Convention and Exhibition Centre. The fair, Asia's largest, saw strong early sales during its VIP preview. A 1964 painting by Pablo Picasso titled 'Le peintre et son modèle' sold for about €3.5 million ($4.05 million) through gallery BASTIAN, leading transactions. Exhibitors noted active participation from collectors, curators, and institutional representatives across Asia, Europe, and the United States. Demand was reported for various art sectors, including blue-chip, postwar, and contemporary works, with particular interest in artists from the Asia-Pacific region and cross-media practices.
Key facts
- Art Basel Hong Kong 2026 opened on March 25 at the Hong Kong Convention and Exhibition Centre.
- A 1964 Picasso painting sold for approximately $4.05 million, leading early sales.
- The fair is the largest art event in Asia.
- Strong attendance was reported from collectors and institutions across multiple continents.
- Demand spanned various art sectors, including contemporary works and Asia-Pacific artists.
Entities
Artists
Institutions
- Art Basel Hong Kong
- BASTIAN
- Gagosian
Locations
- Hong Kong
- Asia
- Europe
- United States
- Asia-Pacific
Sources
- Artsy —