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Six and seven figure sales dominate the first three days of contemporary and modern art fair Art Miami
Soo Sunny Park, "Capturing Resonance", 2011. Mixed media installation (As shown at the DeCordova Sculpture Park & Museum, Lincoln, MA, 2011-2012). Photo by Peter Harrison Studio. Courtesy of the artist.

MIAMI, FL.- In its 23rd year as the anchor fair to the city of Miami, Art Miami, the premiere international contemporary and modern art fair - along with its new sister fair CONTEXT Art Miami, featuring emerging and cutting-edge artists - continue to respond to the interests of serious international collectors, museum curators, interior designers, artists and connoisseurs. Among the notable attendees acquiring and attending the first three days: Darlene and Jorge M. Pérez, developer and longtime trustee of the Miami Art Museum; Eric Schmidt, executive chairman, Google; Thom Collins, director, Miami Art Museum; James Rosenquist, acclaimed American pop artist; Lucien Clergue, world-renowned French photographer; Shepherd Fairey world renowned street artist; Lincoln Schatz acclaimed video artist; Arnold L. Lehman, director of the Brooklyn Museum; Holly Hotchner, director of the Museum of Arts and Design; Steve Schwarzman, chairman and CEO of the Blackstone Group, Lenny Kravitz; Carol Damien, director of Frost Art Museum; international collectors Beth Rudin DeWoody, Mera Rubell, Ella Cisneros, Janet and Jessica Goldman, Ted and Ruth Baum, Martin and Audrey Gruss, Waltman Family, Stuart Miller, Marvin and Elayne Mordes, Jack Tilton, Eric Feder, Steve Lavigne and Jonathan Blue Louisville, Dennis Scholl of the Knight Foundation, esteemed collector Marvin Ross Friedman, and The Miami Herald's Jane Wooldridge .

While Art Miami continues to present the most important contemporary and modern artworks from more than 125 of the world's most prominent art galleries, CONTEXT Art Miami highlights works by emerging and mid-career, cutting-edge artists from 65 hand-selected galleries.

The fair aisles continue to overflow with copious numbers of museum groups and collector tours including The Phillips Collection, Washington DC - Director, Dorothy Kosinski, Curator at Large, Klaus Ottmann and Chief Curator of Modern & Contemporary Art, Vesela Sretenovic; lead a delegation of trustees and high-level collectors. The Frost Art Museum, Director Carol Damian conducted a tour for trustees, donors and Fair VIP's, Groups from HSBC Private Wealth, Vivian Pfeiffer of Christie's lead a group of collectors, The Smithsonian Institute, Bass Museum, Miami Art Museum, San Antonio Museum, Philadelphia Museum of Art, American University Museum, International Center of Photography, NY, Museum of Art | Ft. Lauderdale, Sternersen Museum, Norway, Artadia, Cobra Museum, Wadsworth Atheneum Museum of Modern Art, Franklin College of Switzerland, The Wolfsonian, Museum of Modern Art, NY, Museum of Modern Art, North Miami and Los Angeles, Museum of Arts + Design, Cooper Hewitt Museum, Bechtler Museum Group, The Fine Art Fund, The Collectors Fund.

Highlight sales from Wednesday and Thursday include:

London-based Osborne Samuel Gallery sold Lynn Chadwick's Two Seated Figures sculpture for more than $1,000,000.

Michael Schultz Gallery sold SEO's Mobilier Raum im Garten I, 2012 and Raum im Garten II , for $52,000 each. Gerhard Ritchter's Abstrakted Bild (503), 1982 has been reserved for $11,500,000.

New York-based Hollis Taggart Galleries sold Tom Wesselman's Five Spot, 2004 for an estimated $400,000. Jackson Pollock's Untitled, 1939-1940 for an estimated $60,000. John Wesley This Special Place in Which the Sea Hag Keeps her Craft, 1974 was sold for an estimated $60,000 and Tom Freidman's Untitled, 2007 sold for an estimated $40,000.

Helsinki-based Galerie Forsblom sold Manolo Valdes's Reina Mariana for $350,000 and Jacob Hashimoto's Untitled for $40,000.

Munich-based Galerie Terminus sold Tony Cragg's Wild Relatives sculpture for $550,000; two Heiner Meyer Onkel Dagobert, 2012 sculptures for $106,000 each; and three One is Not Enough sculptures for $23,000 each.

New York-based Haunch of Venison gallery sold Damien Hirst's Beautiful Flamingo Dancing What a Vision painting for an estimated $375,000 and Ged Quinn's Yet to be Titled, 2012 for an estimated $55,000.

James Barron Art Gallery sold Takashi Murakamis' Flower of Joy - Lemon Lime, 2007, Flower of Joy - Madagascar, 2007 and Flower of Joy - Marshmallow Strawberry, 2007 for a combined total of $420,000.

Helsinki-based Galerie Forsblom sold Manolo Valdes Reina Mariana for $350,000 and Jacob Hashimoto's Untitled for $40,000.

New York-based Sundaram Tagore Gallery sold Jane Lee's Beyond the Blue, 2011 for $160,000 and Susan Weil's Wading for $26,000.

New York-based gallery Mark Borghi Fine Art sold Robert Ryman's Painting Without Paint for $120,000 and Color Test 2, 1993 for $75,000.

Dusseldorf-based Shuebbe Projects Gallery sold Helmut Sturm's Untitled, 1961 for $95,000.

Philadelphia-based Bridgette Mayer Gallery sold Federico Herrero's Paisaje Dividido, 2010 for $32,000 and German Gomez's Condenado VIII, 2008 for $17,000.

Toronto-based Nikola Rukaj Gallery sold Bernard Pierre's Nude Woman Bathing for $45,000, Francis Sam's Untitled for $32,000.

Washington-based CONNERSMITH. sold Leo Villareal's Target 2 for an undisclosed amount.

New York-based Cynthia Reeves Gallery sold Jaehyo Lee's, 0121-1110=112101 for $27,000; Nail #1 and Nail #2 for $20,000 each.

New York-based Heller Gallery sold Josephina Gasch - Muche's 30.08.07 for an undisclosed amount between $25,000 and $45,000.

Buenos Aires-based gallery Centro de Edicion sold the works of artists Leon Ferrari, Silvia Sanjurjo, Silvia Brewda and Silvia Plumari, totaling more than $23,000.

Tresart gallery sold Vik Muniz's piece Sophia Loren, Pictures of Diamonds, 2004 and Birgitte Bardot Pictures of Diamonds, 2004 for an estimated $150,000 each.

New York- based gallery Barry Friedman sold Wendell Castle's Abstract Table for $65,000.

Chicago- based McCormick Gallery sold Jack Roth's Rope Dancer #2, 1980 for $55,000.

Santa Monica- based Peter Fetterman gallery sold Stephen Wilkes' Jerusalem, 2012 for an estimated $30,000. Barry Categan's Twiggy, 1966 for an estimated $9,500. Ormand Gigli's Models in the Window, 1960 for an estimated $50,000.

New York- based Gallery Waterhouse & Dodd sold Golden Sun No. 2, 2012 for an estimated $45,000; Alexander Calder's Untitled, 1971 for an estimated $128,000 and Philippe Hiquily's La Claudinette for an estimated $30,000.

Miami based Zadok Gallery sold SeonGhi Bahk's An Aggregation 12-09-01, 2012 for $22,500 and Maria Magdalena Campos Pons's Dreaming of an Island, 2011 for $18,000.

Coral Gables based Cernudo Arte sold Miguel Florido's Vivire en tu Recuerdo, 2006-2012 and Para Amarte Sin Limites 2012 for an estimated $20,000 each.

Philadelphia-based Bridgette Mayer Gallery sold Ryan McGinness' Black Holes, 2006 for $14,000.

Stockholm-based Wetterling Gallery sold 2 Doug and Mike Starm's untitled pieces and Bernar Venet sculpture 2 Indeterminate lines for an undisclosed amount.

Helsinki-based Galerie Forsblom sold Kaarina Kaikkonen's Hiding, 2012 and 2012 Men's coat shirt, for an undisclosed amount.

San Francisco- based Modernism Inc. sold Duncan Hannah's By the Sea, 2010 for an undisclosed amount.

Art Miami | CONTEXT Art Miami | Contemporary and Modern Art Fair |

Last Week News

December 8, 2012

Archaeologists find Maya ceramics and mural paintings in three underwater caves in Mexico

Fortuny and Wagner:Wagnerism in the visual arts in Italy opens at Palazzo Fortuny in Venice

Discovered: French and Italian archaeologists find the lost port of ancient Rome

Ringling organizes America's first comprehensive Veronese exhibition in two decades

New role for Curator Scott Rothkopf at the Whitney Museum of American Art in New York

Rio bids final farewell to star architect Niemeyer with national tribute worthy of a head of state

Flowers Gallery presents a selection of photographs from Edmund Clark's Guantanamo: If The Light Goes Out

Exhibition of recent works by Giovanni Anselmo, Jannis Kounellis, Giuseppe Penone and Emilio Prini at Sprovieri

Peabody Essex Museum appoints Austen Barron Bailly as its first Curator of American Art

Former Florida Governor Jeb Bush to lead Philadelphia's National Constitution Center

Dazzling prices in £6m Bonhams Fine Jewellery Sale with over £1m for Van Cleef & Arpels brooch

If you will it, it is not a dream: Yael Bartana opens solo exhibition at Vienna's Secession

Portland Museum of Art breaks records for the month of November with Winslow Homer exhibition

Winchester rifle belonging to "Doc" Carver, partner of Buffalo Bill, to be sold at auction

Aargauer Kunsthaus opens survey of current art practices in the Canton of Aargau

Alaska reclaims missing moon rocks since 1973

Shortlist of The Art India Breakthrough Artist Award at the Skoda Prize announced

Pérez Art Museum Miami capital campaign receives $5 million contribution

Navajo child's blanket leads Bonhams $1.28 million Native American Art Sale in San Francisco

December 7, 2012

11th annual Art Basel Miami Beach features 257 leading international galleries

Cavemen better at drawing animal movement: study by open access journal PLoS ONE

Restoration of Jacopo da Pontormo altarpiece reveals unrecorded drawing clearly visible at the top

Berlin marks 100 years since Nefertiti find with major exhibition 'In The Light of Amarna'

Italian police recover 2,000-year-old Egyptian sphinx stolen from Etruscan necropolis of Montem Rossulum

Painting attributed to El Greco smashes pre-sale estimate at Bonhams Old Masters Sale

After a 4.8 million dollar makeover, London's Charles Dickens Museum reopens

1933 King Kong three sheet brings $388,375 to set house record at Heritage Auctions

Glassblowing comes to the iPhone: VMFA and The Martin Agency launch app inspired by Dale Chihuly's artwork

Swiss contemporary art generates enthusiasm among collectors at Sotheby's

The New Art Dealers Alliance returns to Miami Beach for the 10th edition of NADA Miami Beach

Bernar Venet invited by Bugatti to create a work of art on view at the Rubell Family Collection

Aqua's 8th installment packs another powerful punch during Art Basel Miami week

World's most important porcelain tea service sells at Bonhams for £541,250

Sweden's Nationalmuseum announces acquisition of photographic portraits by Hans Gedda

RISD Museum bids farewell and warm wishes to Curator Judith Tannenbaum

The Helmut Newton Foundation opens exhibition of works by François-Marie Banier and Helmut Newton

Tamara Beckwith, co-owner of the Little Black Gallery, joins Channel 4's Four Rooms

Just discovered Scharl Portrait of Einstein up for sale for first time

December 6, 2012

Raphael's Head of a Young Apostle achieves second-highest price for any Old Master work

Architect Oscar Niemeyer, who recreated Brazil's sensuous curves in reinforced concrete, dead at 104

The J. Paul Getty Museum announces acquisition of Northern Renaissance masterpiece

Norton Simon Museum presents an installation of Vincent van Gogh's "Self-Portrait," 1889

Exciting new finds highlight the ongoing success of the Treasure Act and Portable Antiquities Scheme

Tate Modern's Turbine Hall to present electronic music pioneers Kraftwerk The Catalogue 12345678 live

Cleveland Museum of Art announces several recent acquisitions across all departments

Art Miami LLC to acquire vibrant Aqua Art Miami Fair in Miami Beach, now in its 8th year

"Christo and Jeanne-Claude: Prints and Objects" on view at the University of Miami Lowe Art Museum

Exhibition of Jonas Mekas' film, video and photographic works opens at the Serpentine Gallery

240 works by Honoré Daumier being shown to the public for the first time

'Peanuts' creator Charles Schulz' love letters going to auction at Sotheby's in New York

Smithsonian's National Museum of Natural History to unveil largest aquamarine gem

Julian Lennon launches photo exhibit in Miami

Beatles trove offered in Heritage December event to celebrate 50 years of 'Beatlemania'

"A Universal Archive: William Kentridge as Printmaker" opens at The Bluecoat in Liverpool

Record set at Kaminski Auctions for pair of rare English glass decanters

Analia Saban wins Norton Museum of Art's inaugural Rudin Prize

American paintings, scarce contemporary works bring high prices at Swann Galleries' auction

Evolve the Gallery loans Ali: The Greatest Collection to Muhammad Ali Center in Louisville

December 5, 2012

Louvre opens $196 million branch in an abandoned coal mining town in northern France

Rijksmuseum Schiphol celebrates ten-year anniversary with an exhibition of paintings

Bellwether year for interest in Islamic art increases demand for antique Oriental carpets

New York's Museum of Modern Art to display video games starting in March 2013

Museum of Contemporary Art, North Miami is only U.S. venue for major Bill Viola exhibition

PULSE Miami 2012 art fair hosts eighty-six national and international galleries

Rock and Roll Hall of Fame and Museum names Greg Harris as President and CEO

Exceptional musical clock owned by Egypt's lavish monarch, King Farouk, leads Bonhams Fine Clocks Sale

Billboards in Times Square spread Yoko Ono's message of peace throughout the holiday season

Leading artists open exhibition at the Institute of Contemporary Arts celebrating history of Fourth plinth

Solo exhibition of works by American painter Martin Mull opens at Ben Brown Fine Arts

Design Miami celebrates its eight edition with thirty-five participating galleries

A dozen church painters from European countries seek to revamp ancient practice

Bonhams Entertainment Sale to include memorabilia from acclaimed science fiction film and television series

Myanmar graffiti artists unhappy with new ban

Moscow Museum of Modern Art opens Aidan Salakhova's largest-ever exhibition

Gallery ups prize money for BP Portrait Award 2013 as call for entries is announced

Absolut Art Bureau at Art Basel Miami Beach-Güiro: An art bar installation by Los Carpinteros

Dinosaur skull seized from Wyoming home

December 4, 2012

Video artist and musician Elizabeth Price wins United Kingdom's 2012 Turner Prize for arts

Dallas Museum returns Orpheus Mosaic to Turkey at DMX signing ceremony

A Show Of Hands: Sotheby's announces sale of photographs from The Collection of Henry Buhl

Kept in Jean-Léon Gérôme's family for 140 years, Promenade du Harem will be sold at auction

Iconic calendar signed by Marilyn Monroe highlights Heritage Auctions' entertainment event

Uzbekistan claims 'undiscovered' masterpiece by Italian Renaissance master Paolo Veronese

Ecstatic abstractions in pure resin art by Andrea Dasha Reich on view in Miami

Works spanning forty years of Mario Nigro's career on view at The Kunstsammlung Chemnitz

Bonhams 20th Century Decorative Arts Sale comprises outstanding pieces from across decades

RM Auctions concludes record 2012 calendar with $11.5 million John Staluppi 'Cars of Dreams' Museum sale

Complete 20 volume set of Edward Curtis' landmark The North American Indian at Heritage

"Fortuny y Madrazo: An Artistic Legacy" on view at Queen Sofía Spanish Institute in New York

Transformative modern artist Sol LeWitt wall drawing installed at Einstein Medical Center Montgomery

The Southwestern collection of Bob Langell to be offered at Clars

San Antonio Museum of Art releases first-ever guide to the collection

Celebrated art historian Dr. Marilyn Stokstad establishes endowed directorship at Spencer Museum of Art

Reflections on Water in American Painting currently on display at the Morris Museum of Art

Dubai-based artist showcases 'bleeding Syria' map

Google Art Project selects Philbrook Museum of Art

December 3, 2012

Forthcoming entertainment sale at Bonhams includes over 100 lots of Beatles memorabilia

"White Gold: Revealing the World's Earliest Coins" exhibition on view at the Israel Museum, Jerusalem

Napoleon's coded Kremlin letter sold for $243,500 at Fontainebleau Auction House

$9,000 artwork by Alexander Calder bought for 12 dollars at Milwaukee Goodwill store

The Andy Warhol Museum announces photography exhibition, "Jeremy Kost: Friends with Benefits"

Mana Contemporary presents Keith Haring, and unprecedented exhibition of oversized objects

Private collection of movie posters depicting monsters with maidens in their clutches for sale

Sotheby's New York Auction of Important Watches & Clocks to be held on 4 December 2012

Bechtler Museum of Modern Art updates Alberto Giacometti exhibition with additional drawings

Art's perfect theft: the 'Ghent Altarpiece', Gothic masterpiece hasn't been seen since 1934

L. M. Montgomery first editions and documents are centerpiece of Bonhams Fine Books Auction

Son of Pop: A 40-year career retrospective of artist Floyd D. Tunson on view in Colorado

Largest survey to date of Thomas Lanigan-Schmidt's work opens at MoMA PS1

Henrietta Girshman albums star at Bonhams Russian Literature Auction

Holburne Museum offers visitors a seasonal treat in the back garden

Brooklyn Museum selects five artists featured in a community-curated exhibition

Who knows Dodo?

Major exhibition of international contemporary and modern art opens in Los Angeles

It's no Joker: Batman's car is for sale

Rook & Raven Gallery opens Erik Sommer's first UK solo show

Most Popular Last Seven Days

1.- Galerie Miranda opens exhibition of works by Marina Berio

2.- Restorers unveil original face of Belgium's 'Mystic Lamb'

3.- Classic Beauties unveils the sensual enchantment of Neoclassicism

4.- Exhibition presents a dramatic survey of five hundred years of Spanish painting

5.- Glasgow blaze guts one of world's top art schools - again

6.- The Prado opens the first major monographic exhibition on Lorenzo Lotto's portraits

7.- Cleveland Museum of Art announces new acquisitions

8.- A record setting necklace, diamonds & gemstones propel $1.9 million in jewelry sales at Rago in June

9.- Czech Art Nouveau painter Mucha's masterpiece finds home after 90 years

10.- Exhibition at The Laing Art Gallery explores the garden as a "stage" for the extraordinary

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