Frieze art fair: shred your dosh or buy a superyacht? – in pictures

Pierre Huyghe's Recollection – a live installation of a giant hermit crab who has made his home in a replica of Brâncuşi's Sleeping Muse. The crab has had to be fattened up in order to coax it into its new home Photograph: Sarah Lee for the Guardian

The Frieze art fair – which hosts 173 stands of contemporary art from galleries from London to Sao Paulo and Beijing – opens its doors to the public on Thursday
Photograph: Sarah Lee for the Guardian

A man photographs two works by the art world's favourite pranksters Jake and Dinos Chapman, Milk of Human Weakness and God Doesn't Love You Photograph: Sarah Lee for the Guardian

Credit crunch … Machine that Eats Credit Cards and Produces Art by Michael Landy Photograph: Sarah Lee for the Guardian

Closeup of Michael Landy's credit card-eating machine. The artist famously destroyed all of his possessions for Break Down (2001) Photograph: Sarah Lee for the Guardian

Standing on the shoulders of miniatures … Cause and Effect by Korean artist Do Ho Suh Photograph: Sarah Lee for the Guardian

Think Sphere (2011) by Olafur Eliasson of Tate Turbine Hall Weather project fame Photograph: Sarah Lee for the Guardian

Visitors look at a lifesize body cast, showing the artist as an iron-age mummy and covered in fake semen, by Romanian-born Andra Ursuta Photograph: Sarah Lee for the Guardian

Closeup of artwork by Andra Ursuta. 'This is not the sort of thing one can easily overlook', writes Adrian Searle in his review of Frieze Photograph: Sarah Lee for the Guardian

Face to face … Satyr of a Satyr by Italian artist Francesco Vezzoli Photograph: Sarah Lee for the Guardian

This is a billy-goat costume that artist Paweł Althamer has travelled the world wearing, following the journeys of a Polish children's-book character. It's currently having a rest … Photograph: Sarah Lee for the Guardian

The early bird … Nothing Disappears Only Our Amnesia Arises by FOS Photograph: Sarah Lee for the Guardian

Reflecting the art world … Anish Kapoor's work at Frieze Photograph: Sarah Lee for the Guardian

An installation by Brazilian artist Maria Nepomuceno Photograph: Sarah Lee for the Guardian

'You have to thank Frieze for giving a little shock therapy to the gallery schedules,' says Adrian Searle in his review of the fair Photograph: Sarah Lee for the Guardian

Visitors become kaleidoscopic beside Doug Aitken's mirror sculpture, Now Photograph: Sarah Lee for the Guardian

The talk, at the VIP opening on Wednesday, was of how the art market was faring against the backdrop of a eurozone teetering on the brink, writes Charlotte Higgins Photograph: Sarah Lee for the Guardian