Art News. Vasari Codex

trending_up market schedule May 28, 2025 visibility 24 link 16 artists, 2 galleries

the appraisal jack whitten

The article reports on the Museum of Modern Art's retrospective "Jack Whitten: The Messenger," which runs through August 2 and features 175 works including paintings, sculpture, and archival materials. Curator Michelle Kuo describes Whitten's "endless innovation," noting that art handlers were astonished by his pioneering techniques. Whitten, who died in 2018 at age 78, moved from Alabama to New York in 1960, attended Cooper Union, and was influenced by jazz and figures like Willem de Kooning and Romare Bearden. The article also examines Whitten's art market, highlighting his auction record of $2.66 million for "Special Checking" (1974) at Sotheby's in 2019, and noting that while prices are rising, his work remains undervalued compared to peers like Gerhard Richter.

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trending_up market schedule Nov 14, 2025 visibility 18 link 11 artists

sothebys charles stewart supply and demand

Sotheby's CEO Charles Stewart told CNBC that the art market has entered a new phase this fall, with supply finally catching up with demand after months of strong bidder activity. New York's marquee auction houses are preparing for sales expected to total more than $1.4 billion, a roughly 50% jump from last year, driven by major consignments including the estate of Leonard Lauder (55 works valued at over $400 million, led by Gustav Klimt's Portrait of Elisabeth Lederer) and collections from Jay and Cindy Pritzker. Christie's highlights include a Monet Nymphéas, a David Hockney portrait, and a Mark Rothko, each estimated at $40–60 million.

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trending_up market schedule Jul 7, 2025 visibility 21 link 8 artists, 1 gallery

The flesh artist: Jenny Saville returns to the spotlight with a US$2.7m drawing and major London retrospective

British figurative painter Jenny Saville has returned to the spotlight with a new auction record and a major retrospective. Her charcoal drawing *Mirror* (2011-12) sold for £2.11 million (US$2.7 million) at Sotheby’s London, setting a record for a work on paper by the artist. The sale coincides with *Jenny Saville: The Anatomy of Painting*, a retrospective at London’s National Portrait Gallery running through 7 September, which features 45 works tracing her evolution from early oil paintings to recent charcoals.

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trending_up market schedule Nov 24, 2025 visibility 19 link 2 artists

sothebys hong kong sells 125 works from japans okada museum for 88 m so founder can settle 50 m legal bill

Sotheby's Hong Kong sold 125 works from Japan's Okada Museum of Art in a white-glove auction on Saturday, netting $88 million (plus fees). The sale set auction records for Japanese artists Kitagawa Utamaro and Hokusai, with Utamaro's *Fukagawa in Snow* fetching $7.1 million and Hokusai's *The Great Wave Off the Coast of Kanagawa* selling for $2.8 million. The collection was sold by museum founder Kazuo Okada, an 83-year-old billionaire, to settle a $50 million legal bill stemming from a long-running feud with casino magnate Steve Wynn. Okada's law firm, Bartlit Beck, successfully pursued the fee in binding arbitration after Okada contested the amount.

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trending_up market schedule Nov 12, 2025 visibility 20 link 43 artists

This month’s New York auctions could bring up to $2.3bn

New York's leading auction houses, including Sotheby's and Christie's, expect to generate between $1.7bn and $2.3bn during their November sales, driven by major consignments such as 55 works from the estate of Leonard Lauder and 37 works from the collection of Jay and Cindy Pritzker. Sotheby's, which has moved its headquarters into the former Whitney Museum's Breuer Building, leads the season with estimated sales of $863m to $1.175bn, featuring Gustav Klimt's Portrait of Elisabeth Lederer (estimated at $150m) and Frida Kahlo's El Sueño (La Cama) (estimated at $40m-$60m).

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Apr 18, 2025 visibility 14 link 4 artists, 1 gallery

Basquiat's family portrait painting could bring $30m at Christie's auction

Christie's will offer Jean-Michel Basquiat's 1982 painting *Baby Boom* as a highlight of its 21st century evening sale this May, with an estimate of $20–30 million. The work, a stylized family portrait believed to depict Basquiat with his parents, was first shown at his landmark Fun Gallery solo exhibition in 1982 and has been featured in major retrospectives at the Brooklyn Museum, Fondation Beyeler, and Fondation Louis Vuitton. Previously owned by collector Peter Brant—who bought it for $1 million in 2001—the painting was later offered at Levy Gorvy's Art Basel stand in 2017 for $30 million.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Oct 27, 2025 visibility 12 link 2 artists

okada museum sells art founder legal bill sothebys

Japan’s Okada Museum of Art is selling 125 works from its collection at Sotheby’s Hong Kong on November 22 to help its founder, Kazuo Okada, pay a $50 million legal bill. The bill stems from a long-running feud with casino magnate Steve Wynn, which began when the two co-founded Wynn Resorts in 2002 and later accused each other of improper payments. The collection includes Katsushika Hokusai’s iconic *The Great Wave Off the Coast of Kanagawa* (1830–32), a rare Qianlong “Eight Treasures” vase, and 16th-century screens by Kano Motonobu. Okada, an 83-year-old billionaire, lost a binding arbitration over the legal fees and must now sell the art.

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trending_up market schedule Sep 9, 2025 visibility 23 link 15 artists

Metropolitan Museum gifted 188 Dada and Surrealist works

The Metropolitan Museum of Art has received a promised gift of 188 Dada and Surrealist works from collector and trustee John Pritzker, known as the Bluff Collection. The gift includes pieces by Man Ray, Max Ernst, Marcel and Suzanne Duchamp, Jean Arp, Lee Miller, and others, with 35 works debuting in the upcoming exhibition "Man Ray: When Objects Dream" (14 September 2025 – 1 February 2026). Pritzker is also donating over 100 books and ephemera, and funding a new research initiative, the Bluff Collaborative for Research on Dada and Surrealism, through his family fund.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule May 16, 2025 visibility 25 link 15 artists, 1 gallery

‘Halo effect’ of powerful art dealers’ collections boosts Sotheby’s sale

Sotheby's held a successful three-part evening auction in New York on May 15, 2025, achieving a total of $154.2 million in hammer sales ($186.1 million with fees), within its pre-sale estimate. The sale included 12 lots from the estate of late dealer Barbara Gladstone, which sold 100% for $15.1 million, and 15 works from the collection of Daniella Luxembourg, which brought $33.6 million. The main event, Sotheby's The Now and Contemporary evening auction, featured 41 lots—including works from the Dorothy and Roy Lichtenstein collection and three deaccessioned by US museums—and achieved a 93% sell-through rate, hammering $105.4 million. A standout was Andy Warhol's 'Flowers' (1964) from the Gladstone estate, which sold for $3.1 million hammer, more than double its high estimate.

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