20Oct2009
The highly reputable Frieze Art Fair (London, 14-17th October) closed on Saturday night amid reports of increased collector interest and purchases. Numerous sales were reported by established and emerging galleries including a number above the US$1 million mark. Last year the Fair suffered dramatically, opening exactly one month after the September collapse of Lehman Brothers. This was in line with the concurrent 70-80% slump in volume of auction sales (Art Tactic - Sept 09).