Art News. Vasari Codex

trending_up market schedule Dec 23, 2025 visibility 36 link 12 artists, 8 galleries

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.

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trending_up market schedule Nov 5, 2025 visibility 24 link 23 artists, 2 galleries

consignors november 2025 new york sales christies sothebys

As the fall auction season returns to New York, Christie’s and Sotheby’s are preparing for evening sales amid an uneven art market. The article reveals key consignors behind major lots, including a Frida Kahlo painting from 1931, estimated at $6–8 million, owned by Miami-based Francisco and Fiorella Pérez Díaz, and three French Post-Impressionist works from the collection of the late Argentine patron Nelly Arrieta de Blaquier. The market context includes underwhelming results at Art Basel in Switzerland but strong attendance at Frieze London and Art Basel Paris, with collectors showing willingness to spend only on exceptional, well-priced works.

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trending_up market schedule Aug 6, 2025 visibility 20 link 1 artist, 3 galleries

lauren quin joins pace gallery

Los Angeles-based painter Lauren Quin has joined Pace Gallery, following the closure of her previous gallery Blum & Poe earlier this summer. Her first exhibition at Pace's Los Angeles space is scheduled for 2026, and her work will also appear in the gallery's booth at Frieze Seoul next month. Quin, known for densely layered abstractions, has been on a rapid ascent since earning her MFA from the Yale School of Art in 2019, with her paintings held by major institutions including the Museum of Contemporary Art in Los Angeles, the Walker Art Center, and the Hirshhorn Museum. Pace founder Arne Glimcher, a longtime supporter, gave Quin a solo show at Pace-affiliated 125 Newbury in 2024, which she credits as a turning point in her practice.

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trending_up market schedule Mar 10, 2026 visibility 23 link 1 artist, 4 galleries

alma allen gallery representation perrotin venice biennale

Sculptor Alma Allen has officially joined Galerie Perrotin, a major international blue-chip gallery, ahead of his representation of the United States at the upcoming Venice Biennale. The move follows a period of representation turnover, as Allen was recently dropped by Olney Gleason and Mendes Wood DM after accepting the prestigious commission. Perrotin will provide essential logistical and operational support for the U.S. Pavilion, with Allen’s first solo exhibition at the gallery’s Paris location scheduled for this fall.

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trending_up market schedule Jan 10, 2026 visibility 22 link 9 artists, 1 gallery

robert colescott market

The article examines the posthumous market resurgence of painter Robert Colescott, who died in 2009. After his commercial profile faded, Los Angeles dealer Tim Blum and his gallery Blum & Poe began working with the artist's estate in 2017, staging five solo shows and rescuing a disorganized estate with works stored in shipping containers in Arizona. Major auction prices followed, including a record $15.3 million for 'George Washington Carver Crossing The Delaware' in 2021. In 2024, after Blum & Poe closed, Gladstone Gallery took over representation. A current exhibition at the Tacoma Art Museum, 'The One-Two Punch: 100 Years of Robert Colescott,' runs through March 29.

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trending_up market schedule Jul 17, 2025 visibility 24 link 10 artists, 2 galleries

adam lindeman to close venus over manhattan

Adam Lindemann, a collector-turned-dealer, announced he will close Venus Over Manhattan, the New York gallery he founded 14 years ago. The gallery's final exhibition, a solo show for painter Susumu Kamijo, will run until July 18. Lindemann revealed the decision in an opinion piece for Artnet News, citing the challenges of straddling the roles of collector and dealer, as well as the politics of art fairs. He plans to return to collecting full-time.

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trending_up market schedule Oct 21, 2025 visibility 36 link 122 artists, 20 galleries

In the Studio With 33 of the Hottest Art Stars on the Planet

Vanity Fair profiles 33 emerging art stars who have broken into the upper echelon of the art world within the last five years, despite a contracting art market. The feature, written by Nate Freeman and photographed by Jeff Henrikson, highlights artists like Jadé Fadojutimi, Anna Weyant, and Chase Hall, whose work commands high prices and long waiting lists from top collectors. The selection was based on research including gallerist interviews, museum acquisitions, auction results, and dealer insights.

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trending_up market schedule Sep 29, 2025 visibility 33 link 49 artists, 7 galleries

Who Are the 10 Top-Selling Living American Artists?

Artnet's Auction Price Database reveals the top 10 living American artists by auction sales value in 2024, with the U.S. art market generating $4.3 billion. The list includes Cindy Sherman ($180.9 million total sales, record $6.8 million for Untitled Film Stills), Mark Bradford ($226.6 million, record $12 million for Helter Skelter I), and Mark Grotjahn ($241 million, record $16.8 million for Untitled (S III Released to France Face 43.14)). Sherman is the only woman and photographer on the list; Bradford is the only African American and represented the U.S. at the 2017 Venice Biennale; Grotjahn is a California-based abstract painter.

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trending_up market schedule Apr 29, 2026 visibility 25 link 8 artists, 4 galleries

How Will the Venice Biennale Impact Alma Allen’s Market?

Artist Alma Allen has been selected as America's representative at the Venice Biennale, sparking controversy due to the unusual selection process under President Trump. The pavilion is commissioned by the newly formed American Arts Conservancy, led by Jenni Parido, who previously ran a pet food lifestyle shop and entered Trump's orbit through Mar-a-Lago pet charity events. Following the announcement, Allen's galleries Olney Gleason and Mendes Wood DM dropped him, but he was quickly picked up by high-profile gallery Perrotin. The article examines how the Biennale and its attendant drama might affect Allen's market, noting his longtime collectors include Beth Rudin DeWoody, Peter Morton, Jack Pierson, and others, while his auction prices have remained modest.

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trending_up market schedule Dec 31, 2025 visibility 30 link 32 artists, 10 galleries

Observer’s 2025 Art Market Recap: Recovery After a Year of Recalibration

After a turbulent start marked by gallery closures and market contraction, the art market in 2025 rebounded decisively, driven by a secondary-market surge in high-quality consignments. Major auction houses reported strong year-end results: Sotheby's projects $7 billion in consolidated sales (up 17%), Christie's expects $6.2 billion (up 7%), and Phillips reported $927 million (up 10%). Key sales included the $272 million Leonard & Louise Riggio collection at Christie's, the $527.5 million Lauder collection at Sotheby's (led by a $236.4 million Gustav Klimt), and the $136 million Karpidas sales. The year began quietly but gained momentum after summer, with deep bidding and strategic pricing driving a 26% increase in Sotheby's auction revenue and an 11% overall rise in fine art sales across Old Masters, Impressionist, Modern, Post-War and Contemporary categories.

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trending_up market schedule Jul 2, 2025 visibility 24 link 4 artists, 1 gallery

Tim Blum will phase out traditional gallery model, close Los Angeles and Tokyo locations

Tim Blum, co-founder of the influential Los Angeles gallery Blum (formerly Blum & Poe), announced he will phase out the traditional gallery model, closing the gallery's permanent public spaces in Los Angeles and Tokyo. Blum cited burnout from the relentless demands of art fairs and gallery openings, emphasizing the decision is about the system, not the market. The gallery, which introduced American audiences to Japanese artists like Yoshitomo Nara and Takashi Murakami and gave early shows to Mark Grotjahn and Anna Weyant, will shift to a more flexible model involving collaborations and special projects. A previous New York space closed in 2023, and a Tribeca space's future remains undetermined.

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trending_up market schedule Sep 17, 2025 visibility 19 link 3 artists, 2 galleries

Leaner, nimbler and more discreet: why some art advisory firms are growing in a downturn

A growing number of "super advisory" firms are being founded by former top-level auction house executives, offering leaner, more discreet art advisory services without the high overheads of major auction houses and galleries. Notable examples include Art Intelligence Global (AIG), launched by Amy Cappellazzo and Yuki Terase after leaving Sotheby's, and Patti Wong & Associates, founded by former Sotheby's Asia chair Patti Wong. These firms leverage decades of experience and personal client relationships to compete in a cautious market where major auction houses have cut staff and digitized operations.

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trending_up market schedule Sep 19, 2025 visibility 13 link 4 artists, 3 galleries

Picasso or Bitcoin? How art’s status is changing among the super-rich

Christie's and Sotheby's reported nearly flat first-half 2025 sales of $2.1bn and $2.2bn respectively, with Christie's 20th/21st-century art sales down 2% but luxury up 29%. The Mei Moses Art Index shows over 50% of auction lots sold at negative compound annual returns, which analyst Michael Moses calls 'the worst overall financial performance in the 21st century.' Meanwhile, Bitcoin, gold, and stocks have significantly outperformed art, with BlackRock's Bitcoin ETF alone attracting $84bn—far exceeding the global art market's total value. A record $43.9m Canaletto sale to a Bezos-linked buyer underscores that top-tier works still command attention, but the broader trend suggests wealthy investors are prioritizing financial returns over art as a status symbol.

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trending_up market schedule Aug 15, 2025 visibility 16 link 6 artists, 2 galleries

The Slow Death of the Contemporary Art Gallery

The article reports on the decline of the traditional contemporary art gallery model, driven by rising rents, changing collector behavior, and the rise of new artist categories. Tim Blum closed his Blum & Poe galleries in Los Angeles and Tokyo, citing systemic issues rather than market conditions. Art Basel and UBS data show the art market shrank overall but the number of sales increased, indicating a shift toward mid-priced works. Collectors are moving away from "blue-chip" artists toward "red-chip" artists who gain value through viral hype and cultural relevance, exemplified by Olaolu Slawn's accessible solo show at Saatchi Yates. Celebrities like actor Adrien Brody are also entering the market, though his work has been criticized as derivative. Meanwhile, smaller galleries like Tiwa Gallery, Landdd, and Marta are thriving by focusing on genuine connection, and retail spaces like Gentle Monster and Dover Street Market are blending art with commerce.

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