It has been a superlative auction season in New York with sales of Impressionist, modern, and contemporary art totaling more than $2 billion. Christie’s reported a decline from last November with sales of $968 million, and Sotheby’s increased to $978 million notwithstanding a poor third quarter and concern about the margins on its $500 million guarantee for the Taubman collection.
Art Basel Hong Kong concluded its third edition this week with impressive sales reports. The fair was launched in 2013 as a satellite to Art Basel, the 45-year old fair in Switzerland that is the most significant annual event in the contemporary art world, and Art Basel in Miami Beach, which was launched in 2002.
At the Oklahoma City Museum of Art, My Generation: Young Chinese Artists presents works by artists born in mainland China after 1976. They are products of China’s one-child policy and have grown up during a time of rapid urbanization, globalization, and cultural transition.