Art News. Vasari Codex

trending_up market schedule May 22, 2026 visibility 11 link 14 artists, 1 gallery

Heffel’s spring sales, featuring rediscovered royal portrait and E.J. Hughes seascape, tally $16.2m

Heffel's spring auction in Toronto on 21 May achieved a total of C$22.4m ($16.2m), led by E.J. Hughes's seascape *Coastal Boats Near Sidney, BC (1948)*, which sold for C$5.7m ($4.1m)—more than tripling its high estimate and setting a new auction record for the artist. The painting was consigned by Emily Carr University of Art and Design, with proceeds benefiting student awards. Other highlights included works by Mary Pratt, Jean Paul Riopelle, Alex Colville, Takao Tanabe, Tom Thomson, Arthur Lismer, and A.J. Casson, with four lots crossing the million-dollar mark and a 93.75% sell-through rate.

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trending_up market schedule Nov 25, 2025 visibility 22 link 13 artists

new york auctions recap

New York's marquee auction week delivered strong results, with Sotheby's and Christie's posting combined sales of nearly $2 billion. Sotheby's achieved a record $706 million evening at its new Breuer Building headquarters, driven by the Leonard Lauder estate sale, while Christie's $690 million 20th-century sale was up 41.9% from last November. Gustav Klimt's *Portrait of Elisabeth Lederer* sold for $236.4 million, setting a new auction record for the artist and becoming the most expensive Modern artwork ever sold at auction. Frida Kahlo's *El Sueño (La Cama)* fetched $54.7 million, a record for a work by a woman artist at auction.

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trending_up market schedule Nov 13, 2025 visibility 12 link 2 artists

metallica kirk hammett conan frank frazetta

Metallica guitarist Kirk Hammett is auctioning Frank Frazetta's painting *Conan the Berserker* (1967), which he purchased directly from the artist for $1 million in 2009. The work, originally used as cover art for a paperback edition of Robert E. Howard's novel *Conan the Conqueror*, will be offered in Heritage Auctions' “Hollywood/Entertainment Signature Auction” on December 9–10, with bidding starting at $10 million. The sale follows a record-breaking Frazetta auction in September, when his oil painting *Man Ape* (1966) sold for $13.5 million.

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trending_up market schedule Nov 5, 2025 visibility 21 link 7 artists, 3 galleries

A centenary of style: why Art Deco's market appeal is evergreen

Art Deco, the French-led Modernist style that flourished between the world wars, is experiencing a centenary peak this autumn. A major exhibition at Paris’s Musée des Arts Décoratifs, titled "1925-2025: One Hundred Years of Art Deco" (through April 2026), leads institutional celebrations, with smaller shows at the Musée Zadkine and Cité de l’Architecture et du Patrimoine, and a poster survey at the London Transport Museum. The style is also prominent on the art fair circuit: Eileen Gray’s Dragon armchair (1917-19) was redisplayed at FAB Paris, Galerie Jacques Lacoste featured a Deco stand at PAD London, and focused presentations are planned at Salon Art + Design in New York. Galleries like Galerie Marcilhac are expanding, with a new Paris space and plans to showcase Deco designers at upcoming fairs.

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trending_up market schedule Apr 1, 2026 visibility 20 link 3 artists

fine art auction sales 2025

Global fine-art auction sales reached $11.7 billion in 2025, marking a 13.3 percent increase over the previous year and the first market growth since 2021. While the first half of the year was hampered by inflation and geopolitical tensions, a surge in the second half—particularly during New York’s November marquee sales—pushed the market upward. This recovery was led by a renewed appetite for "trophy works," highlighted by the record-breaking $236.4 million sale of Gustav Klimt’s Portrait of Elisabeth Lederer at Sotheby’s.

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trending_up market schedule Aug 7, 2025 visibility 24 link 11 artists, 8 galleries

‘Everyone's suffering right now’: New York and Los Angeles gallery Clearing will close

Clearing, the influential New York and Los Angeles gallery that launched the careers of many prominent artists, will close both locations. Founder Oliver Babin announced the closure on August 7, citing crushing overhead costs—rent, shipping, and art fair expenses—that outpaced declining revenue. The gallery opened in 2011 in Bushwick, later moved to the Bowery in Manhattan in 2023, and expanded to Brussels and Los Angeles. Babin described the decision as inevitable, noting that the gallery had been kept alive by hope but now faces no viable path forward. The closure follows a wave of US gallery shutdowns this summer, including Kasmin, Venus Over Manhattan, and Tim Blum’s spaces.

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trending_up market schedule Oct 16, 2025 visibility 32 link 5 artists, 1 gallery

Comment | Galleries are looking to merch to keep spirits up—it's a joyful move in challenging times

The article discusses how galleries are increasingly turning to merchandise and playful, low-cost art items to maintain public engagement during a downturn in the art market. It cites the example of Lucy Sparrow's hand-stitched felt fish and chip shop at Lyndsey Ingram gallery in London, which drew large crowds and media attention but generated far less revenue than traditional fine art sales. The piece notes that while the global art market fell 12% to $57.5bn in the past year, according to the Art Basel and UBS Art Market Report, galleries like Unit and Palmer are offering items such as Gavin Turk T-shirts and Andy Holden records to attract visitors.

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