Sunday Art Brunch: the future of Art Fairs and more

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Sunday Art Brunch is your weekly appointment with international art news curated by Anna Frattini. In this section you will find art news from across the world from big events to fund pieces about art and the art world.

1. According to artnet this past week TEFAF announced the cancellation of its Marquee Fair in Maastricht that was going to open its doors in the fall. The reason behind this decision given by the committee is the current global circumstances. TEFAF is the largest and most high-profile Old Master fair in the world so this cancellation sparks some doubts on the other similar events planned from the fall. Is 2021 going to cancel all art fairs?

2. artnet also confims that Frieze has planned its new Seoul Art Fair. The event is scheduled for September 2022. Frieze, as an international art fair company, has decided to make its first outing in Asia. The event will take place at the COEX Center in Seoul making the city a hub of the global art market in South Korea where there is an increasingly high interest in the Korean art market.

COEX center, whereFrieze Seoul will take place in 2022. Courtesy Saul Loeb/AFP via Getty Images.

3. Enough about art fairs. Last week we talked about Sotheby’s and Christie’s auctions – here is Shannon Lee’s market brief on the record-breaking auction results. I would like to point out Salman Toor’s work, The Arrival (2019), that sold for more than 10 times its estimate signaling an increasingly high interest in this new generation of artist.

 Les débutantes (bleu azur) (2014), Claire Tabouret’s painting, broke her own auction record at at Christie’s day sale of post-war and contemporary art on Friday, selling for $870,000 on a $300,000 high estimate. Courtesy Christie’s Images Ltd. 2021.

4. Reading the New York Times I stumbled on a very interesting article where Robin Pogrebin talks about David Zwirner’s new marketplace, Platform.
Zwirner’s mission is to work with smaller galleries. Only time will tell if Platform will be a successful place where everyone can buy fastly and directly from smaller realities.

5. Yan Du is a Hong-Kong and London-based collector that has amassed a collection of over 300 works of art since she started, 13 yeard ago. In 2019 she launched a non-profit Foundation called Asymmetry Art. The Art Newspaper interviewed Yan asking all about her collection and more.

Sun Yuan and Peng Yu's Can't Help Myself, was shown at the Venice Biennale in 2019 Photo courtesy of Sun Yuan and Peng Yu + Yan Du Collection.

Written by
Anna Frattini