Close Menu
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds

Subscribe to Updates

Get the latest markets and assets news and updates directly to your inbox.

Trending Now

Big names pay off for Basel Exclusive – The Art Newspaper

June 19, 2026

Artists forge new paths at Basel Social Club – The Art Newspaper

June 19, 2026

Zooming in on the Dutch street photographer Ed van der Elsken – The Art Newspaper

June 19, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Asset ObserverThe Asset Observer
Newsletter
LIVE MARKET DATA
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds
The Asset ObserverThe Asset Observer
Home»Art Market
Art Market

Big names pay off for Basel Exclusive – The Art Newspaper

News RoomBy News RoomJune 19, 2026
Share
Facebook Twitter LinkedIn Pinterest Email

With this year’s new initiative Basel Exclusive, more than 200 Art Basel exhibitors voluntarily left significant works from their stands off pre-fair PDFs sent to clients. The aim was to heighten excitement and encourage collectors to visit the fair in person.

“None of us want to deny the importance of the digital platforms in how we live and are informed by our digital tools,” says the Art Basel director Vincenzo de Bellis. “At the same time, you need to find a balance between wanting to do that and having people who make the effort to come here—they need to have something special that otherwise they would not have.”

While attendees seemed enthused by being surprised with works in the stands, it was not necessarily a boon for sales. Exclusive work that sold during the VIP previews tended towards tried-and-tested artists and work with relatively competitive price tags. One of the more high-profile paintings in the Exclusive initiative was Pablo Picasso’s Homme Assis (1972) at Helly Nahmad. The gallery confirmed the large-scale work had sold but did not disclose a price. Picasso seemed to be a winning bet for Exclusive. Almine Rech, the granddaughter-in-law of the artist, sold his 1938 painting Satyre, Pan et nymphe for $6m-$6.5m during the first VIP preview day.

Hauser & Wirth also sold a 1946 painting by Philip Guston, The Courtyard, for an undisclosed price during the VIP preview. The early figurative work comes from a private US collection, gifted by Guston just a few years after it was painted.

“We really want to emphasise the importance of coming and experiencing the works in person,” says Marc Payot, the president of Hauser & Wirth. “We picked Guston because it’s such an exceptional work to be on the market. It’s a super rare object, and we thought it’s just perfect to do for Exclusive.”

Other reported sales included Elizabeth Peyton’s Transmission (E, rose) (2026) for $1.2m at David Zwirner; a painting by Nicolas Party for around $200,000 at Xavier Hufkens; and Hayal Pozanti’s Envoys From Deep Time (2026) for $55,000 at Jessica Silverman. Sprüth Magers also placed a John Baldessari work for $500,000, and Casey Kaplan sold Blue-fire (2026) by Patricia Fernández Carcedo for around $20,000.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

Artists forge new paths at Basel Social Club – The Art Newspaper

Zooming in on the Dutch street photographer Ed van der Elsken – The Art Newspaper

Serpentine unveils Jesús Rafael Soto public sculpture in London.

Santé! Converted French winery gains recognition as national museum – The Art Newspaper

The Icelandic Collective Turning Perfume Into a Multisensory Art Form

New documentary goes behind the scenes of Rashaad Newsome’s biggest project – The Art Newspaper

‘Regret is part of the story, but so is discovery’: Valeria Rodnianski tells us what she collects and why – The Art Newspaper

LGBTQ+ Artists Having Institutional Shows This Pride Month

Exclusive: an unknown archive of treasures from Van Gogh’s doctor, Paul Gachet – The Art Newspaper

Recent Posts
  • Big names pay off for Basel Exclusive – The Art Newspaper
  • Artists forge new paths at Basel Social Club – The Art Newspaper
  • Zooming in on the Dutch street photographer Ed van der Elsken – The Art Newspaper
  • Big Question: Distribution heads on the biggest investment trends of H2 (part two)
  • Serpentine unveils Jesús Rafael Soto public sculpture in London.

Subscribe to Newsletter

Get the latest markets and assets news and updates directly to your inbox.

Editors Picks

Artists forge new paths at Basel Social Club – The Art Newspaper

June 19, 2026

Zooming in on the Dutch street photographer Ed van der Elsken – The Art Newspaper

June 19, 2026

Big Question: Distribution heads on the biggest investment trends of H2 (part two)

June 19, 2026

Serpentine unveils Jesús Rafael Soto public sculpture in London.

June 19, 2026

Santé! Converted French winery gains recognition as national museum – The Art Newspaper

June 19, 2026
Facebook X (Twitter) Instagram
© 2026 The Asset Observer. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.