Miami Beach 2024 Opens with Renewed Energy and Strong Sales

Collectors, galleries, and art enthusiasts converge as the 22nd edition sees high-profile sales, shifting market trends, and cultural collaborations.

Major galleries report robust sales during the VIP opening day, with works by Yayoi Kusama, David Hammons, and George Condo among the top sellers, signaling cautious optimism in the art market.
Mid-sized galleries and emerging artists also saw significant engagement, with some dealers noting a shift in collector interest towards midcentury and historically stable works.
The return of Maurizio Cattelan’s infamous duct-taped banana, which recently sold at auction for $6.2 million, highlights the enduring intersection of humor, controversy, and high art.
Miami Art Week's broader ecosystem includes over-the-top events, fashion collaborations, and cultural activations, drawing celebrities, brands, and collectors to the city.
Gallerists and collectors note a more buoyant atmosphere compared to recent subdued fairs, with younger buyers and international collectors driving renewed interest in the art scene.