PARIS, October 17, 2016 /PRNewswire/ --
The upcoming French art fair presents artworks by more than 1,300 artists, most of which enjoy a stable market. For 8o% of them, public auction results provide a precious insight into the reality of prices. From Art Market superstar Jeff Koons, to new French revelation Latifa Echakhch, but also Walid Ra'ad (currently exhibited at the MoMA in New York) and controversial Austrian collective Gelitin, the selected artists promise an explosive event.
According to thierry Ehrmann, founder and President of Artprice: "The FIAC 2016 has everything to be a tremendous firework and to prove that it is still the Reference for Contemporary Art Fairs."
Browse all the auction results by the major artists and new names of the Contemporary Art Market on Artprice.com. And discover the new Contemporary Art Market Report 2016, the most essential tool to make the best decisions at the Fiac.
The Fiac Paris, from 20 to 23 October 2016
Hosted in the Grand Palais, at the same location as the Salon Officiel and the Salon des refusés in days gone by, the FIAC continues to take full advantage of its Parisian aura. For its 43rd edition, it brings together 183 of the most prestigious galleries in the world from 26 countries.
The dominance of the major Western powers is clear with the fair's core consisting of 55 French galleries, 34 American, 26 German, 14 British and 14 Italian. Indeed, Jennifer Flay, the FIAC's artistic director, proudly wears her objective of uniting the best global Contemporary Art in the French capital for a week, starting with the most prestigious European and Anglo-Saxon galleries.
One of the FIAC's strong points is its prestigious Marcel Duchamp Prize, awarded since 2001 by the ADIAF (Association for the International Diffusion of French Art). The award has already "revealed" a number of artists who have since become famous including Thomas Hirschhorn, Dominique Gonzales-Foerster, Tatiana Found or Latifa Echakhch.
Many prestigious galleries consider the FIAC as the annual must-be event: Gagosian, David Zwirner, Sadie Coles, Massimo de Carlo, Marian Goodman, Blum & Poe, calier | gebauer, Continua, Paula Cooper, etc. The fair also provides an opportunity for the best London galleries to settle in Paris for a few days. The Lisson Gallery, Simon Lee, White Cube all come to the Paris fair, and will hold a show next to major French galleries - Perrotin, Mennour, Almine Rech.
Paris - which wants to recover a strong position on the international art market - could take advantage of Brexit to retrieve its long-lost status as European capital of the art market. In this context, the relative success of the FIAC this year could provide a first indicator as to which way the market will evolve. Last year, the FIAC attracted a little more than 83,000 visitors, including the Officielle art fair.
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