(Bloomberg) The number of attendees at the first VIP day of Art Basel in Switzerland seemed to surprise nearly everyone. “There were days where no one wanted to go, there were days where we were like, ‘No one’s going to be here, but we have to do it anyway.’ It was very up in the air,” says Marc Glimcher, president of the mega gallery Pace. It was only last week, he says, “that I had a feeling it was going to be good.” Art Basel is known as the world’s most prestigious art fair, with 272 galleries selling hundreds of million-dollar artworks to the world’s super-rich. During normal years, the anticipation and the hype lead to a (genteel) melee at the opening, as collectors rush to their favorite booths to buy works before they’re spirited away by someone else. That rush was eliminated in 2020, with the in-person fair canceled entirely and moved to online viewing rooms. Then the 2021 edition was delayed until September. Since then, several fairs have dipped their to
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A provided image shows an artwork connected to a scheme of selling false Keith Haring paintings. According to a criminal complaint, employees at New York auction houses were approached about the art. A man was taken into custody and charged with wire fraud. Department of Justice via The New York Times.
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(NYT NEWS SERVICE)
.- Angel Pereda, 49, of Mexico, was taken into custody in New York and charged with wire fraud after prosecutors accused him of trying to sell artworks that he falsely claimed had been created by Jean-Michel Basquiat and Keith Haring, the U.S. Attorney for the Southern District of New York announced on Friday. Prosecutors said that on at least one occasion, Pereda created and sent new fake provenances to an intermediary in New York claiming that a painting was by Basquiat, in the hopes that it could be sold for millions of dollars. Basquiats 1982 work Untitled sold for $110.5 million at auction in 2017. Willia