(The 1987 portrait Ada and Louise went for $1.2 million at Christie’s London.) Then, last October, Phillips London reset the record when the 1972 portray Blue Umbrella I soared previous its $1.4 million presale estimate to make $4.1 million. Rumors floated, suggesting that works from his holdings—including top-quality pieces by the likes of Picasso and Gerhard Richter—would seem on the block as early as May. Despite challenging circumstances, Paris+ Art Basel’s second edition is bringing pleasure to the French art market, with galleries assured in showcasing masterpieces and foreign collectors exhibiting robust interest. However, questions remain concerning the market’s long-term growth and competitiveness compared to other global art hubs.

“elevation” By Vian Borchert, Introduced On The Framer’s Choice Gallery

The exhibition was set to open on March 3rd however the painting was put into the museum’s quarantine part as a substitute because of the closure of galleries. The type of …