Frieze London 2023: Italian Galleries Report Mixed Results Amid Market Correction
The preview crowds at the 2023 Frieze London and Frieze Masters were notably smaller, a change that some gallery owners appreciated for enhancing networking opportunities. Noteworthy figures such as Patrizia Sandretto Re Rebaudengo and Mary Rozell were present. Although market adjustments indicated reduced sales and price points compared to 2022, there were still engaged buyers. Frieze London showcased 166 exhibitors, marking an 18% rise, with a preference for large, vibrant artworks. Massimo De Carlo displayed sold pieces by Xiyao Wang, while P420 completely sold out works by Shafei Xia. At Frieze Masters, Mazzoleni and Kukje Gallery focused on post-war Italian and Korean artists, while Gagosian sold all 12 Damien Hirst pieces, alongside strong sales for Georg Baselitz and El Anatsui. Interest in emerging artists like Danielle Mckinney remained robust.
Key facts
- Frieze London and Frieze Masters previews were less crowded than in 2022.
- Notable attendees included Patrizia Sandretto Re Rebaudengo, Mary Rozell, Marc Spiegler, and Uli Sigg.
- Price ranges and sales pace were significantly lower than the previous year.
- Frieze London hosted 166 exhibitors, an 18% increase from 2022.
- Massimo De Carlo's booth dedicated to Xiyao Wang sold all five works on day one ($47,700–$74,300).
- P420 gallery sold out works by Shafei Xia within hours.
- Mazzoleni at Frieze Masters sold Agostino Bonalumi works ($90,000–$150,000).
- Gagosian sold all 12 new Damien Hirst works ($450,000–$1 million).
Entities
Artists
- Marina Abramović
- Philip Guston
- El Anatsui
- Xiyao Wang
- Shafei Xia
- Adelaide Cioni
- Pieter Vermeersch
- June Crespo
- Vijay Masharani
- Park Seo-Bo
- Lee Seung Jio
- Kil Sung
- Agostino Bonalumi
- Damien Hirst
- Georg Baselitz
- Tracey Emin
- Pam Evelyn
- Danielle Mckinney
- Barbara Chase-Riboud
Institutions
- Frieze London
- Frieze Masters
- UBS Art Collection
- Massimo De Carlo
- P420
- Clima
- Mazzoleni
- Kukje Gallery
- Gagosian
- Thaddaeus Ropac
- Goodman Gallery
- White Cube
- Xavier Hufkens
- Pace Gallery
- Marianne Boesky Gallery
- Hauser & Wirth
- Christie's
- Artribune
Locations
- London
- United Kingdom
- Mayfair
- Clifford Street
- Berlin
- Germany
- Bologna
- Italy
- Milan
- Turin
- Paris
- France