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Sales confirm the 2019 edition as the best of the last decade

ARCOmadrid 2019, a fair organised by IFEMA, closed the doors of its 38th edition with a superb result. The brisk pace of sales manifested by the galleries confirms Spanish and international collectors' commitment to contemporary art. Add to that an increase of 8 por ciento -compared to last year- in the number of professionals attending the first days of the fair, accounting for a total of 35,887 people.

05 Mar 2019

This growth has been favoured by the large influx of visitors from the Americas, especially from Latin America, particularly Peru, from which about 700 professionals have attended, in addition to Brazil, Argentina, Colombia and Mexico, among others. Equally impressive was the presence of collectors, patrons and members from North American museums such as New Museum, New York; Chelsea Art Group, New York; Meadows Foundation, Dallas; Tate Americas Foundation, New York; Metropolitan Museum of Art, New York; and PIA (Partners in the art), Toronto.

A few hours before the Fair closed a 3 por ciento rise in the number of visitors was expected, thus exceeding the global figure of one hundred thousand attendees throughout the five days of the event.

This good result, which has been marked by lively sales and the quality of collectors and guests, are the keys to success made manifest by the International Contemporary Art Fair, which was inaugurated last Thursday by the King and Queen of Spain and the President of the Republic of Peru, Martín Vizcarra, as well as the First Lady, Maribel Díaz Cabello.

"It has been an epic edition, the best for twelve years," said representatives from Leon Tovar.  Lelong is also showing their satisfaction, affirming that "we have worked wonderfully in this edition, like we used to many years ago, and we have sold everything from budget editions to significant pieces. We have noticed the return of Spanish collectors especially." At Thaddaeus Ropac they highlighted "the brisk pace of purchases, especially on the first day of the Fair, exceeding last year's sales." At Edward Tyler Nahem they expressed their contentment by highlighting that "it has been a very good edition and we continued closing important sales even on the days the fair was open to the public." The galleries of the Opening programme have likewise maintained a high rate of sales, as one of the curators of the section, Ilaria Gianni, states: "the general sentiment among participants is positive; the Fair has surpassed their expectations and they were able to make very good contacts."


Institutional and corporate purchases

Among the institutional and corporate purchases confirmed in this edition of ARCOmadrid are those acquired by Fundación ARCO worth 140,000 euros, paid for with proceeds from the Fundación ARCO dinner held at Real Casa de Correos, headquarters of the Community of Madrid, on Tuesday 26 February, for the "A" Awards for Collecting. The pieces acquired, with consulting provided by Vincent Honoré and Manuel Segade, are by 7 artists from 7 participating galleries at the 38th edition of the International Contemporary Art Fair, ARCOmadrid: Marion Verboom -Jerome Poggi-; Tania Pérez Córdova -Martin Janda-; Santiago de Paoli -Jocelyn Wolff-; Henrik Olesen - Chantal Crousel-; Rodrigo Hernández - Chertlüdde Galerie-; Lia Perjovschi -Ivan-, and Daniela Ortiz -Àngels Barcelona-, who will all now become part of the Fundación ARCO Collection, hosted at the CA2M Centro de Arte Dos de Mayo of the Community of Madrid.

Like every year, Museo Nacional Centro de Arte Reina Sofía also acquired art at ARCOmadrid. This time they acquired a total of 19 pieces by the artists Maja Bajevic, Néstor Basterretxea, Andrea Büttner, June Crespo, Alejandro Garrido, Lugán, Rosalind Nashashibi , Marwan   Rechmaoui and Azucena Vieites, worth 350,000 euros.

CAAC MALI, Museo de Arte de Lima, meanwhile, purchased pieces by Claudia Martinez Garay -Ginsberg-, and Fundación Helga de Alvear acquired pieces by artists such as Jenny Holzer, Mario Merz, Antonio Ballester-Moreno, Jan Dibbets, Minjung Kim and Sol LeVitt.

DKV Seguros bought pieces by Carlos Fernández-Pello -García Galería-; Fernando García -Heinrich Ehrhardt-; Elena Alonso -Espacio Valverde-; Mònica Planes -Àngels Barcelona- and Pablo del Pozo -Joan Prats-.

Other sales include those registered by the Lelong gallery, which has sold, among other things, the work of Jaume Plensa and David Nash; Helga de Alvear by Ángela de la Cruz; gallery F2 by Miki Leal; JérômePoggi, by Sidival Fila; Luis Adelantado by Rubén Guerrero; Cecilia Vicuña and Voluspa Jarpa, in Patricia Ready; Avelino Sala and Domènec, in the ADN gallery; Meiro Koizumi in Annet Gelink; The Carpenters in Peter Kilchmann, and Nacho Criado in Formato Comodo.


Awards at ARCOmadrid

Domestic and international institutions and companies share the commitment to support and recognise artistic creation in ARCOmadrid through a variety of awards. The Community of Madrid has distinguished the work of Mercedes Azpilicueta (gallery Nogueras Blanchard) and Asunción Molinos Gordo (gallery Travesía Cuatro), at the 16th edition of ARCO / Community of Madrid Award for Young Artists.

The Audemars Piguet award for the production of a work of art has gone to the artist Andrea Galvani, from the Revolver gallery. His installation, Instruments for Inquiring into the Wind and the Shaking Earth, probes within the borders of the unknown and could been seen in the gallery's space at ARCOmadrid 2019.

illycaffè has continued to support the young emerging artists present at ARCOmadrid with the illy SustainArt Award, won by Yanomami artist Sheroanawë Hakihiiwë, from the ABRA gallery, for his contemporary review of cosmogony and the indigenous imaginary.

For its part, Cervezas Alhambra handed over the third edition of its Cervezas Alhambra Award for Emerging Art to artist Elena Alonso for her piece s13, r19, z26. Also in its third edition, the Catalina D'Anglade Award went to Luis Gordillo for his work Paisajes por placas (2017), while the Art Situacions Award went to the piece Please do not paint the wall y Please do not paint the wall. Charlie - D, from the Project "À tous les clandestins" by Patricia Gómez and María Jesús González, from the Valencian gallery Espaivisor.

Now in its 14th edition, the ARCO-BEEP Electronic Art Award selected the piece The Wall of Gazes (2011), by Argentine artist Mariano Sardón, exhibited at the Ruth Benzacar gallery.

The artist Hao Jingban was announced the winner of the Fundación Han Nefkens Video Art Award - ARCOmadrid 2019, for the production of a video artwork, which, in this edition, has taken as its reference the symbolic title of the Félix González-Torres work "Perfect Lovers". The new piece will be presented at Matadero Madrid coinciding with the next edition of the Fair.


ARCOmadrid will celebrate its 39th edition from 26 February to 1 March 2020 in halls 7 and 9 of IFEMA.