After all of the galas, events, and parties that took place at Art Basel week in Miami died down on Sunday, December 9, it was clear that the show enjoyed another stellar year. In fact, many critics, exhibitors, and visitors deemed 2012 the best Art Basel presentation to date. Steady sales and a constant stream of visitors that totaled 70,000 were reported over the course of the five-day fair. Among the show’s patrons were over 130 museum and institution groups as well as powerful private collectors from across the globe. Exhibitor Adam Sheffer of Cheim & Read Gallery in New York said, “We were delighted again this year by the results of Art Basel Miami Beach. It remains the gold standard of the international art fair circuit.”

PULSE Miami, another contemporary fair that takes place during Miami’s art week, also reported stable sales and high attendance. In fact, the number of visitors to Ice Palace Studios where the show is held was up by 20% from last year. Cornell DeWitt, Director of PULSE Contemporary Art Fairs said, “We are thrilled by the increased number in attendance this year…Collectors at all levels purchased work ranging in price from mid-level well into six figures.” Works by major contemporary artists such as Chuck Close and Robert Longo, and William Eggleston were among the top sales.

With all of the attention and success that Art Basel week has garnered, collectors, exhibitors, and art enthusiasts are surely not wasting any time in making plans for next year’s trip to Miami.