Art Fair Tokyo & 101TOKYO: The making of a market center

EXCERPT:

Almost everything was sold before he even arrived at Art Fair Tokyo, but that didn’t stop gallerist Peter Nagy from coming to Japan anyway. The impulse to dip his toes into what could become contemporary art’s next deep pool was just too strong to resist, so three large canvases by artists Thukral & Tagra from his hot Indian gallery, Nature Morte, made the journey with him.

y all reports, for those galleries that did make the trip with art to sell, it was well worth their time. The majority of overseas exhibitors at the new international 101TOKYO Contemporary Art Fair — from places such as Hong Kong, New York and South Africa — joined many Japanese counterparts in selling out their artists’ works.

With two major fairs, two major auctions and ample additional events such as the Shin Marunouchi Building’s New Tokyo Contemporaries exhibit and Art Award Tokyo, the metropolis was teeming with artists, gallerists and collectors from all over the globe. The buzz was palpable at the busy start of Art Fair Tokyo and the theatrical opening of 101TOKYO, with the smell of money, perfume and fresh paint mingling in the air.

But participants in last week’s festivities were not only in town for short-term commercial gain. Marketing, networking and researching the market were just as high on many galleries’ list of priorities. Fortunately, these three goals dovetailed into success for all. Annette Thomas of Berlin’s Galerie Alexandra Saheb simply shrugged when the gallery came up short for the Bacon Prize, 101TOKYO’s top award: “We sold our works, we made lots of connections. What more could you want?”

Read the full review at The Japan Times Online.
The making of a market center | The Japan Times Online

About Jason A Jenkins

Writer, father and informavore, Jason likes working in, around and between Tokyo's creative forces. He is an avid fan of live music, carry-on luggage, people-watching and Taiwanese high-mountain oolong tea.
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