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Marian Goodman’s Gerhard Richters Total $78.8 Million in $162.7 Million Christie’s Sale

Christie’s 21st-century evening sale in New York on Wednesday achieved $162.7 million, its highest total in the category since 2021. The sale featured eight works from the collection of the late dealer Marian Goodman by Gerhard Richter, which together sold for $78.8 million, nearly half the evening’s haul. Richter’s photorealistic candle painting *Kerze (Candle)* (1982) hammered at $30 million, below its $35 million low estimate, but still set a new auction record for the series. Other Richters performed strongly, with six of seven exceeding high estimates, including *Mohn (Poppy)* (1995) at $20.1 million. A modest Basquiat work on paper, *Asbestos*, sold for $6.54 million, and one lot by Ed Ruscha was bought in.

Christie’s $1.1 Billion Night Signals a Stunning Rebound for the Art Market

Christie’s achieved $1.1 billion in sales during a single evening auction on Monday, marking a dramatic rebound from the previous year when the three major New York auction houses combined sold that amount over the entire May season. The sale featured trophy works from the collections of S.I. Newhouse and Agnes Gund, with Jackson Pollock’s *Number 7A (1948)* selling for $181.2 million and Mark Rothko’s *No. 15 (Two Greens and Red Stripe)* fetching $98.4 million. Despite the strong overall results, seven of the 16 works in the Newhouse sale hammered below their low estimates, and Constantin Brancusi’s *Danaïde* failed to reach its $100 million estimate, indicating price resistance even for top-tier art.

Christie’s Double-Header Totals $1.1 B., With Several Trophy Works Notching New Records

Christie’s held two evening sales on Monday—the S.I. Newhouse collection and a 20th-century art sale—that together generated $1.1 billion across 64 lots. The Newhouse tranche alone made $630.8 million, bringing the cumulative total of the collection to over $1 billion, making it likely the most expensive collection ever sold at auction after Paul Allen’s $1.7 billion blockbuster. Top lots included Jackson Pollock’s *Number 7A, 1948* at $181.2 million (the fourth most expensive painting ever sold at auction), Constantin Brâncuși’s *Danaïde* at $107.6 million, and a Mark Rothko work at $98.4 million.

ifpda print fair 2026 sales attendance drawings expansion

The 2026 IFPDA Print Fair concluded at the Park Avenue Armory with record-breaking attendance of over 21,000 visitors and robust sales across various price points. This edition marked a significant pivot for the fair following its formal expansion to include drawings dealers, rebranding as the International Fine Prints and Drawings Association. Notable sales included a sold-out edition of Cecily Brown etchings at Two Palms and six-figure works by David Hockney and Rashid Johnson at Galerie Maximillian.

despite global art market contraction prints are thriving

The print market is experiencing a significant resurgence, defying the broader contraction seen in the global art market. Recent events like the IFPDA Print Fair in New York reported record-breaking attendance of 21,000 visitors, while auction data shows that over 54,000 print lots were sold in 2024—the highest volume in a decade. While total sales value dipped slightly, the decline was far less severe than the 27 percent drop seen in the general fine art sector.

paint drippings art industry news mar 9

The art market is gearing up for a high-stakes spring season with major estate collections from S.I. Newhouse and Robert Mnuchin slated for auction at Christie’s and Sotheby’s, collectively valued at over half a billion dollars. Meanwhile, London’s spring marquee sales showed strong momentum, with Christie’s and Sotheby’s reporting significant year-over-year increases in their evening sale totals, despite a more modest performance from Phillips.

art world los angeles report

Frieze Los Angeles 2026 opened amid concerns over the city's cooling art market, following a wave of gallery closures and a shift toward nomadic dealer models. Despite the economic downturn and the lingering shadow of previous regional fires, the fair week saw a resurgence of energy with 32,000 attendees and significant blue-chip sales, including a $3.75 million Ed Ruscha at Gagosian and a $2.8 million Njideka Akunyili Crosby at David Zwirner. The week was characterized by a mix of high-end commerce at the Santa Monica Airport and grassroots vitality at satellite events like Felix and the newly launched Post-Fair.

epstein files art deals loans llcs

Thousands of documents released by the U.S. Department of Justice reveal that convicted sex offender Jeffrey Epstein was the hidden architect behind billionaire Leon Black's multi-billion dollar art investment and financial strategy from 2012 to 2017. Epstein managed Black's vast collection, valued at $2.7 billion in 2016, setting up LLCs, negotiating loans and commissions with major auction houses and galleries, and deploying the art for tax and estate planning.

2026 asian art market preview

Artnet Pro's 'The Asia Pivot' newsletter previews the 2026 Asian art market, highlighting a hopeful recovery after signs of improvement in late 2025. Key events include Art SG in Singapore (hosting S.E.A. Focus for the first time), the inaugural Art Basel Qatar in February, and Art Basel Hong Kong in March. Auction houses will align spring sales with these fairs. The article also notes regional shifts: South Korea's Art Asia partners with KINTEX for a new fair in India, Hong Kong's Kwai Fung Hin opens in Singapore, and Shanghai's Antenna Space expands to Hong Kong. Japan's Prime Minister Sanae Takaichi meets with artist Takashi Murakami to promote culture abroad, while geopolitical tensions with China threaten cultural exchanges.

stop making sense 2025 art market analysis

The article analyzes the chaotic and contradictory state of the global art market in 2025, a year marked by extreme volatility following President Donald Trump's return to office. Key events include strong sales at Frieze Los Angeles in February, a record $13.8 million sale of a painting by M.F. Husain at Christie's, and a sharp downturn after Trump imposed sweeping tariffs on major trading partners. Major auctions in May fell far short of expectations, with only $837.5 million hammered against estimates of up to $1.6 billion. Meanwhile, Art Basel expanded with a new Qatar fair, but sales at Art Basel Switzerland dropped over 35% from 2024. The year also saw a wave of gallery closures, including the sunsetting of Blum & Poe.

top artists december list

Artnet News published its quarterly list of the most exhibited living artists in U.S. museums for December 2025, compiled by tracking temporary exhibitions across hundreds of institutions. The list ranks artists based on the number and type of shows they appear in, prioritizing career retrospectives, dedicated exhibitions, and biennial appearances. Among the top artists featured are Marie Watt, whose touring print exhibition "Storywork" and numerous group show appearances earned her a high ranking, and Jeffrey Gibson, known for his installation at MASS MoCA. The article notes that Watt also won the $250,000 Heinz Award in September 2025.

frieze new york 2025 sales report

Frieze New York opened on a warm Wednesday morning, with a packed spring art week schedule that saw the fair and TEFAF's US edition separated by just 24 hours. The VIP day was animated with strong sales, including Jeff Koons's *Hulk (Tubas)* reportedly selling for $3 million at Gagosian, which presented the artist's first collaboration since he left the gallery in 2021. Other notable sales included works by Liza Lou, Joan Snyder, David Salle, and Adam Pendleton, with Pace Gallery selling all six of Pendleton's paintings within hours. Galleries reported a slower but deliberate pace of buying, with collectors taking more time to make decisions.

most expensive female artists

Artnet News has published a list of the ten most expensive female artists at auction, based on data from the Artnet Price Database. The article highlights recent record-breaking sales, including Frida Kahlo's *El Sueño (La Cama)* (1940), which sold for $54.7 million at Sotheby's, and Marlene Dumas's *Miss January* (1997), which realized $13.6 million at Christie's, making Dumas the most expensive living woman artist. The list features artists such as Rosemarie Trockel, Bridget Riley, Cindy Sherman, Vija Celmins, and Cady Noland, with auction records ranging from $4.9 million to $9.7 million.

at miami basel dealers notch seven figure sales digital art draws crowds

Art Basel Miami Beach opened its VIP preview on Wednesday with strong early sales, including multiple seven-figure deals. Major galleries like Hauser & Wirth, White Cube, Gladstone, and Pace reported significant sales, with a $3.9 million George Condo painting leading the pack. The fair introduced a new digital-art section called Zero 10, featuring works by Beeple, which drew large crowds. Collectors such as Craig Robins, Mera and Don Rubell, Norman Braman, and Beth Rudin DeWoody were among the early attendees, and the event featured high-profile works by Jeff Koons and Maurizio Cattelan.

new york auction measures

New York's spring auction season concluded with a dramatic five-day marathon across Sotheby's, Christie's, and Phillips, generating a combined $2.2 billion. Sotheby's led with $1.17 billion in total sales, fueled by Gustav Klimt's *Portrait of Elisabeth Lederer* (1914–16) from the estate of Leonard A. Lauder, which sold for $234.6 million—a single work accounting for 20% of Sotheby's total. Christie's followed with $962.6 million, and Phillips added $92.1 million. Notable highlights included Frida Kahlo's *El sueño (La cama)* (1940) achieving $54.7 million, a new record for the artist and the highest price for a female artist at auction in raw dollars, and a triceratops fossil named Cera selling for $5.4 million at Phillips.

simon de pury art market confidence

The article reports on the upcoming Art Basel in Miami Beach and the improved mood in the art market, driven by strong auction results. Sotheby's emerged as the clear winner over Christie's in the fall 2024 auctions, achieving over $2.2 billion in total sales across Sotheby's, Christie's, and Phillips. Key consignments included the Leonard Lauder Collection, featuring a record-making Klimt, a Frida Kahlo that became the highest-selling work by a woman artist, and Maurizio Cattelan's golden toilet. The article credits Sotheby's move into the Breuer building—formerly home to the Whitney, the Met, and the Frick—for enhancing the presentation and aura of the previews.

want one of bob thompsons enigmatic paintings the best time to buy was yesterday

Artnet News reports on the rising market for African American painter Bob Thompson, who died at 28 in 1966 but produced thousands of works in a five-year span. His vibrant, narrative paintings—inspired by Old Masters, Greek mythology, and Modernism—have long influenced artists and curators, yet only recently commanded high auction prices. In 2024, all 16 lots offered sold, totaling $4 million, with a record $1.26 million for *Music Lesson* (1962) at Christie’s. The article traces his career from Louisville to Europe, his estate history with dealer Michael Rosenfeld, and current interest from collectors and institutions like the Whitney Museum and Smithsonian American Art Museum.

consignors new york november auctions 2025

New York's November 2025 auction season is set to feature at least $1.67 billion in art across Sotheby's, Christie's, and Phillips, a 54% increase in estimates from the same period last year. The season is dominated by major estates, including Leonard Lauder's $400 million trove at Sotheby's with Klimt paintings and Matisse bronzes, Cindy Pritzker's collection featuring a Van Gogh, and anonymous Surrealist works. Christie's offers $736 million in low estimates from collections like Robert and Patricia Weis, Elaine Wynn, and Stefan Edlis. Phillips remains risk-averse, focusing on established names. The market shows a flight to quality, with emerging art reduced and delegated to day sales, while ultra-contemporary segments contract.

middle east art fair race doha dubai and abu dhabi art basel

Art Basel has announced a surprise deal to launch a new art fair in Qatar next year, partnering with Qatar Sports Investments (QSI) and QC+, a subsidiary of Qatar's sovereign wealth fund and commercial arm of Qatar Museums. The fair will debut with around 50 galleries in Doha, intentionally smaller than Basel's other fairs, with a distinct character aimed at building a long-term, sustainable event. The deal comes after rumors that Basel might take over Abu Dhabi Art, and as the region's art scene intensifies, with Art Dubai recently poaching Basel's global head of gallery relations Dunja Gottwies as its new director.

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.

consignors revealed new york auctions may 2025

The article reports on the upcoming May 2025 marquee auctions in New York at Christie’s, Sotheby’s, and Phillips, which carry a combined low estimate of about $1.2 billion—similar to last year. However, the market faces headwinds from U.S. trade wars, stock market volatility, high interest rates, and ongoing global conflicts. Major consignors include estates (Len Riggio, Anne Bass), living patrons (Tiqui Atencio, Norman Braman), dealers (Daniella Luxembourg, Barbara Gladstone, Enrico Navara), and institutions (SFMOMA, Virginia Museum of Fine Arts, Phillips Collection). Notable lots include Sheldon Solow’s $70 million Alberto Giacometti at Sotheby’s and Riggio’s $50 million Mondrian at Christie’s. Collector Peter M. Brant is revealed as the seller of Basquiat’s Baby Boom (1982) and a John Currin painting at Christie’s.

may 2025 art auctions consignors

The article previews the upcoming May 2025 marquee art auctions in New York, led by Christie's, Sotheby's, and Phillips. Key consignors include the collection of late Barnes & Noble founder Leonard Riggio and his wife Louise, along with works from Anne and Sid Bass, Tiqui Atencio, Daniella Luxembourg, the estate of Barbara Gladstone, and the San Francisco Museum of Modern Art. Notable lots include Dorothea Tanning's 'Endgame' (est. $1M–$1.5M), Robert Motherwell's 'Elegy to the Spanish Republic No. 160' (est. $3.5M–$5.5M), and Andy Warhol's 'Big Electric Chair' (est. $30M). The article also reveals undisclosed consignors through research, such as the family of Harold and Gertrud Parker for the Tanning work and the Hess Art Collection for the Motherwell.

asia rising morgan stanley artnet

Artnet News and Morgan Stanley have collaborated on a report analyzing the art market's recovery after COVID-19, with a focus on Asia's emergence as a powerful engine. Using data from the Artnet Price Database and Artnet Analytics, the report shows that China (including Hong Kong) has become a dominant force, overtaking the U.S. and U.K. in fine-art auction sales. By 2020, China reclaimed the top-selling global fine-art auction market position, and as of mid-2021, it remains neck and neck with the U.S. The report also examines the role of Hong Kong, which has consistently contributed over 40% of China's fine-art sales, driven by its unique economic policies and integration into the global art market.

emily fisher landau sothebys results

Sotheby's held a landmark evening auction on November 8 featuring 31 works from the collection of Emily Fisher Landau, a noted art patron who amassed around 1,200 works over 102 years. The sale achieved $406.4 million, surpassing its pre-sale estimate of $344.5–$430.1 million and becoming the most valuable auction dedicated to a female collector in history. Highlights included Pablo Picasso's *Femme à la montre* (1932), which sold for $139 million—the second-highest price for a Picasso at auction—and record-breaking results for Agnes Martin's *Grey Stone II* ($18.7 million), Mark Tansey's *Triumph Over Mastery II* ($11.8 million), and Jasper Johns's *Flags* (1986) ($41 million). Other notable sales included works by Cy Twombly, Ed Ruscha, and Andy Warhol's portrait of Landau.

Marian Goodman’s Prized $65 Million Collection Lands at Christie’s

Christie’s has announced the sale of the private collection of the late legendary art dealer Marian Goodman, who passed away in January at age 97. Estimated to bring in approximately $65 million, the collection is headlined by a group of significant works by Gerhard Richter, an artist Goodman championed for four decades. The centerpiece of the auction is Richter’s 1982 painting "Kerze (Candle)," which carries a high estimate of $50 million and will lead a series of dedicated sales in New York this May.

top artists auction 2025

The article reports that the top tier of the art auction market rebounded strongly in 2025, with the ten most expensive lots totaling $757.1 million, a 48% increase from 2024. Gustav Klimt became the top-selling artist, driven by the sale of his *Portrait of Elisabeth Lederer* (1914–16) from the collection of the late Leonard Lauder, which was the most expensive artwork of the year. The rankings saw significant shifts: René Magritte, the top artist in 2024, fell to sixth place, while blue-chip names like Pablo Picasso, Andy Warhol, and Jean-Michel Basquiat strengthened their positions. Notably, no women or living artists appeared among the top 20 sellers in 2025, a reversal from the previous year when Yayoi Kusama and Joan Mitchell were present.

new money new taste intel report march 2025

The article, part of Artnet's Intelligence Report, profiles the rise of a new generation of art collectors, exemplified by Justine Freeman, granddaughter of legendary patron Betty Freeman. It highlights how millennials and Gen Z, who accounted for a quarter to a third of bidders at major auction houses in 2024, are reshaping the market by focusing on ultra-contemporary artists like Jadé Fadojutimi and Hilary Pecis, as well as nontraditional collectibles such as sneakers and Hermès bags. Notable sales include Maurizio Cattelan's banana artwork "Comedian" for $6.2 million to a 34-year-old crypto entrepreneur.

maurizio cattelan america gold toilet auction

Maurizio Cattelan's 18-karat gold toilet sculpture, *America* (2016), sold at Sotheby's New York for $12.1 million to Ripley's Believe It or Not!, the entertainment franchise known for oddities. The work, consigned by hedge-fund manager Steve Cohen, was auctioned from the Breuer Building and drew long viewing lines. Despite a playful bidding process led by auctioneer Phyllis Kao, the final price fell short of Cattelan's auction record of $17.2 million set by *Him* (2001) at Christie's in 2016.

maurizio cattelan america sothebys sale toilet 12 million

Maurizio Cattelan's 18-karat gold toilet, titled *America* (2016), sold for $12.1 million at Sotheby's “The Now & Contemporary” sale on Tuesday evening, falling short of the artist's auction record. The work, owned by New York Mets owner Steve Cohen, hammered at $10 million—just above the value of its gold content—after a single bid. It was installed in a bathroom at Sotheby's Breuer Building for viewing but not use. The consignor was revealed to be Cohen, who acquired the piece from Marian Goodman Gallery in 2017. The sale accepted cryptocurrency, and the work did not carry a guarantee.

steve cohen consignor maurizio cattelan golden toilet sothebys

Top 200 Collector Steven A. Cohen has been revealed as the consignor of Maurizio Cattelan's golden toilet sculpture, *America* (2016), which will be auctioned at Sotheby's on November 18. The work, made of 18-karat gold and weighing over 100 kilograms, was purchased from Marian Goodman Gallery in 2017. It will be displayed in a bathroom at Sotheby's Breuer Building before the sale, with a starting bid expected around $10 million based on the price of its weight in gold. The piece has a notable history: one version was exhibited at the Guggenheim Museum, offered to the Trump White House as a loan alternative to a van Gogh painting, and another was stolen from Blenheim Palace in 2019, making Cohen's the only extant version.