Price check! Here’s what was sold and at what price at Frieze New York 2023
Was it just last week that the art world plunged into a chaotic relay race of auctions, gallery openings and art fairs? (So it was.) Alas, now that the dust has settled and friendliness has faded, the picture of the emerging state of the art market is not entirely rosy.
The auctions serve as a kind of public litmus test for the wider art market, and as art adviser Todd Levin told Artnet News amid Gerald Feinberg’s disappointing Christie’s sale, the market is “on the cusp of a major correction period, there’s no two ways to look at it.”
Withdrawals, works barely bottoming out in presales (after fees!), and a flurry of works not finding buyers at all contributed to the feeling that we might be witnessing a correction in real time. There have been exceptions, of course, and it’s not like the big three auction houses haven’t generated nearly $1.5 billion in sales combined. But everything seemed shaky.
At art fairs, it’s harder to gauge how good the galleries are. While many claimed to have pre-sold entire stalls, others simply refused to share sales. Typically, to compile a price check report after a major fair like Frieze New York, we rely on the galleries and the fair itself to get some idea of how things went. There were few reports this year.
There are always a handful of major galleries willing to share selling prices, and this year was no exception, but where we usually get individual prices for work, this year many dealers gave only vague price ranges.
Individual prices that have been split, or price ranges for individual presentations, are provided in the main list below, but again, many dealers have opted out of our breakdown of these figures.
David Kordansky sold several works from his solo presentation to Lauren Halsey and 303 Gallery sold works by artists such as Sam Falls, Jeppe Heine, Alicia Quaid and Sue Williams. David Lewis has sold works by artists such as Claude Lawrence, Greg Parma Smith, Claire Lehmann, Kang Seidel and Leah Ke Yi Zheng for between $12,000 and $65,000. Tina Kim has sold works by Pasita Abad, Gada Amer, Tanya Perez Kordov, Maya Ruth Lee and Davide Balliano for between $15,000 and $300,000.
Below is a list of registered sales, converted to US dollars for readability.
PAINTINGS
Installation View, Jack Whitten at Hauser & Wirth Frieze, New York, May 2023 © Jack Whitten Estate. Image courtesy of the Estate and Hauser & Wirth. Photo: Sara Muhlbauer.
$2.5 million: Untitled painting by Jack Witten at Hauser & Wirth
$950,000: Jack Whitten, Mingo Altarpiece: for George Mingo, September 14, 1950 – December 6, 1996 (1996) at Hauser & Wirth.
$800,000: Jack Witten, Black Hands (2014–15) at Hauser & Wirth
$600,000: Jack Whitten, Physis II (Dedicated to the memory of David Budd) (1991) at Hauser & Wirth
$600,000: Painting by Milton Avery in Xavier Hufkens
$404,000 each: Where to Know by Daniel Richter (2023) and Blumen aus Eisen (2023) at Thaddaeus Ropac.
$135,000: Julie Meretu’s work at White Cube
$95,000: Jack Witten, The Great Loop #2 (2012) at Hauser & Wirth
$85,000: Painting by Minoru Nomata in White Cube
$80,000: painting by Kathy Wilks in Xavier Hufkens
$55,000 each: Pam Glick, The Rain Box (2022) and four other Pam Glick paintings at the Stephen Friedman Gallery.
$55,000: painting by Constantin Nietzsche in Xavier Hufkens
$55,000 each: Sue Williamson Embroidery Group at Goodman Gallery.
$45,000 to $130,000: The entire presentation of Naudlin Pierre’s paintings at James Cohan.
$45,000: Painting by Ilana Savdi at White Cube
$40,000: Painting by Cassie Namoda in Xavier Hufkens
From $10,000 to $12,000: All of Julia Yerger’s Paintings at Chateau Shatto
From $8,000 to $20,000 Each: Sam Lipp Paintings at Derosia
$7,200: Painting by Leon Vuidar at White Cube.
$6,000 to $32,000 each: Works from the Double Presentation of Sahara Khoury and Elizabeth McIntosh in Canada.
SCULPTURES AND INSTALLATIONS
Installation view at the Xavier Hufkens booth at Frieze 2023 at the Shed. Contributed by Xavier Hufkens.
$1.25 million: Doris Salcedo’s work at White Cube
$500,000: Large bronze sculpture by William Kentridge at the Goodman Gallery.
$450,000: Anthony Gormley’s work at White Cube
$300,000: Matthew Ronay, “Crack, Wave, Earth, Ode” (2022) in Casey Kaplan
$175,000: sculpture by Thomas Housego at Xavier Hufkens
$160,000: Park So-Bo’s ceramic work at White Cube
$100,000 each: two bronze works by Tracey Emin at Xavier Hufkens
$80,000 apiece: Complete Neon Edition by Tracey Emin at Xavier Hufkens.
$75,000: Pamela Rosenkrantz, Anamazon (Wish Things) (2023) at a joint artist presentation by Sprüth Magers and Karma International.
$75,000: Pamela Rosenkrantz, Anamazon (Amasses) (2023) at Sprüth Magers and Karma International
$45,000: Dana Waugh sculpture at White Cube
PRINTS, DRAWINGS, PHOTOS
Installation view of Robert Nava’s work at Pace. Frieze New York 2023 at The Barn. Courtesy of Pace.
$900,000: Cotton Field Study by Robert Longo (2022) at Thaddeus Ropak.
$458,000: Martha Jungwirth, Ohne Titel (2020) at Thaddaeus Ropac
$301,000: Another work by Martha Jungwirth at Thaddaeus Ropac.
$200,000: Paper work by Paul McCarthy at Xavier Hufkens
$150,000: paper work by Louise Bourgeois in Xavier Hufkens
$85,000: Paper work by Paul McCarthy at Xavier Hufkens
$62,000 each: six works on paper by Tracey Emin at Xavier Hufkens
$40,000: Huma Bhabha’s paper work at Xavier Hufkens
$30,000 to $90,000 each: All of Robert Nava’s work at Pace
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