London Art Fair 2019 reports robust sales for modern and contemporary art despite Brexit uncertainty

Date

28 January 2019

London Art Fair concluded its 31st edition on Sunday 20 January, reporting robust sales across modern and contemporary art and welcoming over 20,000 international visitors and collectors, despite uncertainty over Brexit. The Fair opened with a Preview Evening on Tuesday 15 January, when collectors, curators, artists and art enthusiasts enjoyed an exclusive first look at presentations by 130 leading galleries from 16 different countries,
brought together under one roof at the Business Design Centre.

Sarah Monk, Director of London Art Fair, said:

“As with every year, our aim is to provide a space to showcase the
most exceptional modern and contemporary art of our time and, in association with new headline sponsor IG, the 2019 edition demonstrated our continued good health and strong marker of intent for the future. We
celebrate our heritage through initiatives such as our annual Museum Partnership; whilst also embracing change and disruption through our curated sections Art Projects and Dialogues, and through the evolution of new
features such as Platform which feed our visitors’ and collectors’ appetite for discovery.”

London Art Fair welcomed back many returning galleries for its 2019 edition as well as several new additions from the UK, Europe and from several countries further afield including South Korea, Japan, Argentina, Puerto
Rico, Brazil and Canada. Galleries at all levels of the market saw strong sales across the week – both in the Main Fair and the specially curated sections – with artworks being placed in major private and corporate collections
and national institutions.

London Art Fair 2019 demonstrated that confidence in the contemporary art market is also high, with galleries voicing strong support from collectors, museum curators and institutions, across a range of media including
painting, printmaking, photography and applied arts. The Fair’s brand new Platform section – which for its first edition took the medium of ceramics as its focus – received critical acclaim and provided evidence of the
burgeoning market for ceramic art. Castlegate House Gallery sold Grayson Perry’s Fucking Art Centre, originally created for a Battersea Arts Centre auction, to a significant UK collector for in excess of £50,000. Other ceramic
works sold include a Salvador Dali from Sylvia Powell and works by Dame Lucie Rie and Annette Lindeberg at Askew Art.

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