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Pinakotheke
Pinakotheke showcased a significant work by Tunga, created in 2010, for a asking price of R$2M – $367.983 at its stand. Starting September 28, the artist have an exhibition at Château La Coste. The gallery also mentioned that it had made significant progress in negotiations for the sale of works by Djanira and Anita Malfatti.
Pinakotheke Galeria‘s booth view
Djanira Motta e Silva
Altar, 1964
Oil on canvas
130 x 196 cm
Anita Malfatti
Morro da Penha, Santos, 1949
Oil on canvas
91 x 126 cm
Tunga
Sem título, 2010
Steel cable
150 x 200 x 170 cm
Asking Price: R$2.000.000
Gustavo Rebello Escritório de Arte
The gallery curatorship brings up historical artworks with Josef Albers, Lygia Clark, Mariana Leontina, Wifredo Lam and Enrico Baj, offering a rich and multifaceted panorama of modern and contemporary art.
Gustavo Rebello Galeria‘s booth view
Lygia Clark
Casulo nº1, 1959
Metal cutting and painting
42 x 5 cm
Asking Price: $1.800.00
Danielian
Galeria Danielian reported a sale of a screenprint by Beatriz Milhazes for R$280.000 – $51.525 and a wood sculpture by Chico Tabibuia for R$120.000 – $22.082. The gallery noted the lack of liquidity among modernist artists.
The gallery also mentions a high demand for Ozias‘ works, which are currently under negotiation. Os Sapos, by Adão de Lourdes, was another great success. The gallery highlights the perception that collectors’ interest is increasingly focused on popular art.
Galeria Danielian Galeria‘s booth view
Beatriz Milhazes
Cabeça de Mulher, 1996
Screenprint
101 x 152 cm
Sold: $51.538
Candido Portinari
A Árvore da Vida, 1959
Oil on canvas
60 x 73 cm
Asking Price: R$2.500.000
Chico Tabibuia
Untitled
Wood sculpture
Sold: R$120.000
Almeida & Dale
Almeida & Dale Gallery mentions the sale of a collage by Beatriz Milhazes and a painting by Ione Saldanha.
A drawing by Louise Bourgeois is reserved for an institution outside Brazil, while the work Carne à la Taunay, 1997, by Adriana Varejão, is reserved for a client in São Paulo.
Almeida & Dale Galeria‘s booth view
Beatriz Milhazes
Rosa nocturna, 2006/2007
Acrylic technique on canvas
69 x 100 cm
Sold
Ione Saldanha
Untitled, 1966
Oil on bcanvas
29 x 36 cm
Sold
Lygia Clark
Bicho: projeto para um planeta, 1963
Aluminum
variable dimensions
Asking Price: R$2.700.000
Galeria Flexa
In the first few minutes of the fair, Galeria Flexa sold a work by Janaina Tschäpe for R$900.000 – $165.584. Throughout the event, pieces by Leda Catunda and Rubem Valentim were also sold, while the work Azulajão is reserved for a client from Rio de Janeiro.
Flexa Galeria‘s booth view
Paulo Kuczynski Escritório de Arte
Paulo Kuczynski noted that many acquisitions were made via the preview, with few important collectors present at the fair, among them a drawing of Tarsila do Amaral. He commented that art fairs have lost the face-to-face dynamism they used to have, functioning more as a physical brand platform, while most sales and the day-to-day work of dealers take place via WhatsApp.
Paulo Kuczynski Galeria‘s booth view
Galeria Estação
The gallery, which is celebrating two decades of operation, is highlighting the success of the artist Santídio Pereira on the international market also represented by Xipas Gallery abroad. Objeto XVIII, 2024, blue, was sold to a client in São Paulo; a yellow woodcut print from 2024, to a collection in Palm Beach; and the red is under negotiation.
The gallery also mentions the sale of works by Nino, a popular sculptor from the 1970s, as well as Júlio Martins and Miriam Inês.
Estação Galeria’s booth view
Santídio Pereira
Objeto XVIII, 2024
Piywood painted with ofíset paint
215 x 155 cm
Sold
Santídio Pereira
Untitled, 2024
Woodcut print on 100% cotton paper
174 x 117 cm
Asking Price: R$125.000
Galatea
The gallery points out more than 20 sales of works of art and highlight the high interest in Dani Cavalier, who sold 8 works, including one to the Pérez Art Museum Miami.
Galatea Galeria‘s booth view
Dani Cavalier
Chorinho no2, 2024
Solid painting of lycra and silk stretched over a chassis
120 x 80 cm
Sold
Nara Roesler
Nara Roesler reported the sale of various works, including pieces by Marco A. Castilho, Manoela Medeiros, Daniel Senise, Artur Lescher, José Patrício, Angelo Venosa, Cristina Canale and a work by Alberto Pitta that was acquired by the Pérez Art Museum Miami. We also highlight an impressive work by Julio Le Parc on the Gallery’s stand.
Nara Roesler Galeria‘s booth view
Alberto Pitta
Moradismo, 2024
Painting and printing on canvas
123 x 175 cm
Sold
Marco A. Castillo
Wakamba 13, 2024
Cardboard
100 x 70 x 17 cm
Sold
Daniel Senise
Untitled, 1995
wall monotype on fabric and acrylic
145 x 22 cm
Sold
Anita Schwartz
On the opening day Anita Schwartz sold the painting by artist Bruno Lyfe from 2024 for the Pérez Art Museum Miami collection.
Anita Schwartz Galeria‘s booth view
Bruno Lyfe
Look Mom I Can Fly, 2024
Acrylic and oil on canvas
232 x 229 cm
Sold
Galeria Mapa
The gallery reports that five works by Ruth Aklander and two by Jandyra are currently being negotiated, as is the impressive sixteen-piece panel by Arnaldo D’Horta, which is also in the process of being acquired.
Mapa Galeria’s booth view
Mendes Wood
Mendes Wood has stood out for representing Afro-Brazilian artists, and an excellent example of this is Rosana Paulino. The artist, part of the Gallery’s program, recently opened her first solo exhibition in Rio de Janeiro, at the Eva Klabin House Museum, during the week of the fair. Paulino, who is in the Tate collection, has also participated in important events such as the São Paulo and Venice Biennials.
The gallery presented works by internationally renowned artists such as Lucas Arruda, Lynda Benglis and Marina Perez Simão, which recently fetched Price including buyer’s premium: $210.606 at auction.
Mendes Wood Galeria‘s booth view
Rosana Paulino
Senhora das plantas, Espada de Iansã, 2022
Watercolor and graphite on paper
57 x 38 cm
Marina Perez Simão
Untitled, 2020
Oil on canvas
160 x 200 cm
Christie’s Hong Kong
20th/21st Century – 26 sep 2024
Price including buyer’s premium: $210.606
Simões de Assis
Gallery Simões de Assis, which now represents the artist Thalita Hamaoui in partnership with Galeria Marianne Boesky, announces the sale of a painting to an important collection in Miami for R$163.048 – $30.000.
The gallery also mentions the sale of a Manfredo Souzanetto painting and a sculpture by Diambre, who will have his first solo show in the USA at the Kaufmann Repetto Gallery in New York at the end of October 2024.
Simões de Assis Galeria‘s booth view
Thalita Hamaoui
Oil and oil stick on canvas
63 x 210 cm
Sold for: $30.000
Diambre
Amizade, 2024
Patinated bronze
21 x 32 x 24 cm
Sold: R$42.000
Manfredo de Souzanetto
7.2017, 2017
Natural pigments, acrylic resin on canvas and wood
98 x 130 cm
Sold: R$80.000
Galeria Movimento
Galeria Movimento explains that the fair was a success, highlighting sales of artists such as Toz, Mateu Velasco and Tinho including international collections so far there have been no sales to institutions.
Movimento Galeria‘s booth view
Mateu Velasco
Manga Japonesa, 2024
Acrylic on canvas
160 x 140 cm
Asking Price: R$35.000
Toz
Untitled, 2023
Mixed media on canvas
200 x 200 cm
Asking Price: R$100.000
Millan
Millan highlights the sale of Tunga‘s erotic drawings, a relief by Henrique Oliveira, Cordão Umbilical by Lidia Lisboa, works by David Almeida, Alex Ceverny, Thiago Hatner, Beatrice Arraes and Paulo Pasta were sold.
On the last day of the fair, the gallery reported the sale of works by Lais Myrrha and No Martins.
Millan Galeria‘s booth view
Fortes D’Aloia & Gabriel
The gallery made several sales throughout the fair, including works by established artists such as Luiz Zerbini, Janaína Tschäpe, Barrão and Erika Verzutti, as well as up-and-coming talents such as Cristiano Lenhardt and Rodrigo Cass. Pieces by recently represented artists such as Anderson Borba, Antônio Tarsis and Tadáskía were also sold.
Sales ranged from $3,000 to $250.000, with both domestic buyers from Rio de Janeiro, São Paulo and Belo Horizonte, as well as international buyers.
Fortes D’Aloia & Gabriel Galeria‘s booth view
Luciana Brito
The gallery point out several sales of Regina Silveira‘s porcelain series, a column by Bosco Sodi, three works by Ivan Navarro and numerous paitings by Gabriela Machado. Lets mention that the Mesa de Centro Cobogó, 2022 by Studio Capana is also being negotiated.
Luciana Brito Galeria‘s booth view
Overview of Regina Silveira‘s porcelain series
Sold
Bosco Sodi
Sem título, 2024
Clay
120 x 30 x 30 cm
Sold: $38.000
Campana
Mesa de Centro Cobogó, 2022
Iron and ceramics
28 x 129 x 129 cm
Asking Price: $130.000
Inox
Inox Gallery announces the sale of six works by Jorge Mayet, four by Jefferson Medeiros, four by Gabriela Ezcurra, two works by Felippe Sabino, one painting by Lívia Moura, three by Júlio César Aristizabal, one maria polo, one Abraham Palatnik for R$400.000 – $73.598, and five works by Gustavo Genta.
Inox Galeria‘s booth view
Portas Vilaseca
Galeria Portas Vilaseca praised the excellent organization of this year’s fair, which attracted a group of collectors invited by Latitude Brazil. Among them were prominent curators and collectors, with whom the gallery made valuable contacts.
The gallery organized a performance by Ayrson Heráclito’s at Solar dos Abacaxis and a visit to Zé Carlos Garcia’s studio, promoted by Tevestudio.
Portas Vilaseca Galeria‘s booth view
Museu de Arte do Rio
For this edition of the fair, MAR (Rio Art Museum) has selected a series of works for its wish list, an initiative that facilitates the expansion of the collection through donations from collectors and institutions. If you are interested in contributing to enriching the museum’s collection, click on this link and fill in the form. Sophie Su Art Advisory will guide you to well expending the museum collection.
Thix at Silvia Cintra Gallery
Uyra at Aura Gallery
Castiel Vitorino Brasileiro at Mendes Wood Gallery
Jorge Feitosa at Bianca Boeckel Gallery
Although the fair was favorable for contemporary works priced between R$50,000 and R$200.000, higher-value pieces, including modern Brazilian artists, faced less demand. Nevertheless, enthusiasm for contemporary art remains strong, further consolidating Brazil’s growing role on the international art scene.
Whereas the Brazilian art market has shown progress, it still remains relatively isolated, while the global market faces declines driven by economic and political factors. One example of this is Sotheby’s, which is facing financial difficulties. The auction house has been postponing payments and is dealing with cash flow problems, despite the $1B deal with Abu Dhabi’s sovereign wealth fund, which is still pending.
In addition, major galleries such as David Zwirner and Hauser & Wirth have recently announced mass layoffs, while several galleries in New York have closed their doors due to the unfavorable economic environment.
As the global art market faces challenges, it is essential to keep abreast of the dynamics and trends shaping this ever-evolving landscape. Stay tuned to our updates to keep a close eye on news and developments, analysis and information about the world art market.