The Canvas: Amid Surging Sales at Art Basel in Miami Beach’s VIP Preview, a New Class of Collectors Emerge, Shifting the Market’s Taste with Them

Source: Artsy.netDate: 12/1/2021

This Miami Art Week, Artsy is proud to be working with The Canvas, the premium art market newsletter, to deliver on-the-ground reporting from all the major fairs, including major sales, standout booths, and updates on what the art world’s top collectors and power-brokers are buzzing about and buying this year.

If you’d like to receive more exclusive coverage from The Canvas and get access to the same insightful reporting that the art world’s leading blue-chip collectors rely on to navigate a rapidly shifting marketplace, we encourage you to subscribeand join their insider community.

When Art Basel last stormed the beaches of Miami back in December of 2019, all anyone could talk about was a certain hanging banana on the walls of Perrotin’s booth. Meanwhile, we were busy reporting on a growing number of exhibitors who were refusing to pay their invoices for the Hong Kong iteration of the fair out of fears that it might end up being cancelled due to reports of a mysterious virus coming out of Wuhan, China. (Spoiler alert: they were right.)

Oh, what a difference two years makes.

To read the full article, please Click Here.