Frieze London 2023 wrapped up with unprecedented sales figures and a focus on emerging talents. Held from October 11-15, the event saw galleries reporting robust sales across the board. Among the standout transactions was a painting by John Doe, purchased by a prominent European collector for $1.2 million.
Jane Smith, director of Gallery X, remarked, “This year’s Frieze has been extraordinary. We have witnessed remarkable interest in both established and emerging artists.” The fair also hosted a series of discussions on the art market’s current state and technology’s influence on art.
Collectors showed a keen interest in works by young artists who are addressing contemporary social issues. Institutional buyers were notably present, with several museums acquiring new pieces. The Frieze Award highlighted the focus on new talent, awarded to Emily Johnson for her innovative climate change-themed installation.
Overall, Frieze London 2023 has been lauded as a success by exhibitors and visitors alike, establishing an optimistic outlook for the art market as it progresses toward the year’s end.
