Art News. Vasari Codex

trending_up market schedule Dec 17, 2025 visibility 37 link 25 artists, 3 galleries

centennial market analysis joan mitchell

A centennial market analysis of Joan Mitchell reveals that an untitled 1979 abstract work by the artist was the most expensive artwork on offer at Art Basel Miami Beach, priced at $18.5 million by Gray gallery. The article examines Mitchell's auction performance, noting that her record stands at $29.2 million set in 2023, and that three paintings have sold for over $20 million since then. Despite these strong results, her auction highs still trail behind male Abstract Expressionist contemporaries like Jackson Pollock and Mark Rothko.

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trending_up market schedule May 16, 2025 visibility 20 link 12 artists, 1 gallery

who is marlene dumas highest selling living woman artist

At a Christie’s New York 21st-century art sale, Marlene Dumas’s painting *Miss January* (1997) sold for $13.6 million with premium, setting a new auction record for the most expensive artwork by a living woman artist. The work, estimated at $12–18 million, narrowly surpassed the previous record of $12.4 million held by Jenny Saville since 2018. Dumas, a 71-year-old South African painter based in Amsterdam, has built a steady market over decades, with her galleries carefully managing her work to avoid speculation.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 8, 2025 visibility 29 link 25 artists, 4 galleries

3 million jeff koons hulk sells on buoyant first day at frieze new york

At the VIP opening of Frieze New York on Wednesday, dealers reported strong sales despite economic uncertainty from Trump administration policies and trade war threats. The fair, recently sold to Hollywood powerhouse Ari Emanuel, returned to the Shed in Hudson Yards with 67 exhibitors. Gagosian Gallery generated the most buzz, selling one of three Jeff Koons Incredible Hulk sculptures—polychromed steel works priced around $3 million each—and placing a hold on another. Other notable sales included works by Tuan Andrew Nguyen, Tomie Ohtake, Sheila Hicks, Liza Lou, and Gertrude Abercrombie, with galleries like James Cohan, Galeria Nara Roesler, Thaddaeus Ropac, Karma, and Hauser & Wirth reporting brisk business.

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trending_up market schedule May 13, 2026 visibility 44 link 23 artists, 8 galleries

At Frieze New York, Business Plunks Along, Leonardo DiCaprio Alights

At the VIP opening of Frieze New York, collectors were present but subdued, with galleries presenting modest displays and sales proceeding at a sensible, sedate pace. Despite the lack of urgency, business has improved since last year, buoyed by upcoming top-tier auctions. Thaddaeus Ropac confirmed four early sales, including a George Baselitz canvas for €1.4 million and an Alex Katz work for $400,000. David Zwirner’s booth of Joe Bradley paintings was among the buzziest, with all works on hold by early afternoon, while Cindy Sherman photographs at Hauser & Wirth sold steadily. Leonardo DiCaprio made visits, and Kelly Sinnapah Mary’s paintings at James Cohan Gallery sold out, the largest to a museum.

newspaper Artnet News open_in_new Read original

trending_up market schedule Dec 29, 2025 visibility 20 link 7 artists, 6 galleries

top 5 art market minute podcast episodes 2025

Artnet News published a roundup of the top five episodes of its podcast 'Art Market Minute' from 2025, hosted by Margaret Carrigan. The episodes cover key industry topics: whether artists still need galleries, how to build professional relationships in the art world, the rising market value of Jack Whitten's work, the impact of AI on the art market, and the wave of high-profile gallery closures reshaping the trade. Guests include Sonia Manalili, Brooke Lampley, Naomi Rea, Eileen Kinsella, Jo Lawson-Tancred, and Katya Kazakina.

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trending_up market schedule May 18, 2026 visibility 7 link 57 artists, 32 galleries

Frieze New York 2026 Reports Major Sales and Acquisitions

Frieze New York 2026 closed its 15th edition at The Shed on May 17, drawing 25,000 visitors from 75 countries and featuring 68 galleries from 26 countries. The fair reported strong sales across market levels, including seven-figure transactions such as El Anatsui's *LuwVor I* sold by White Cube for $2.2 million and Georg Baselitz's *Stunde der Nachtigall* sold by Thaddaeus Ropac for €1.4 million. The inaugural Sherman Family Foundation Acquisition Fund enabled acquisitions by the Brooklyn Museum and the Baltimore Museum of Art, with works by Bettina, Reika Takebayashi, Seba Calfuqueo, and Joanne Burke. Several galleries, including Johyun Gallery and James Cohan, reported sold-out or near-sell-out booths.

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trending_up market schedule May 15, 2026 visibility 10 link 20 artists, 9 galleries

TEFAF New York Opened to Crowded Aisles, Bullish Collectors, and Strong Booths

TEFAF New York opened at the Park Avenue Armory with unexpectedly strong crowds and a buoyant mood, defying the typical afternoon lull. Dealers reported heavy foot traffic and sustained conversations, with gallerist Sean Kelly calling it the best edition in years. The fair, running through May 19, features a mix of antiquities, design, modern, and contemporary art, with standout booths including Alison Jacques’s pairing of Dorothea Tanning, Robert Mapplethorpe, and Gordon Parks, and Sean Kelly Gallery’s display of works by Shahzia Sikander and Sam Moyer. The newly launched Pace Di Donna Schrader Galleries made its TEFAF debut with works by Eugène Delacroix, Willem de Kooning, and Alexander Calder.

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trending_up market schedule May 6, 2025 visibility 21 link 14 artists, 7 galleries

Asian galleries move westward: their growing presence and influence in New York

Hong Kong-based gallery Kiang Malingue is opening a new outpost on the Lower East Side of New York on May 9, joining a wave of Asian galleries expanding into the city. The 3,500 sq. ft space at 50 Eldridge Street, formerly an artist's studio, will debut with a solo show by Japanese artist Hiroka Yamashita titled 'The Lights from the Deep Mountains.' Other recent arrivals include Manila's Silverlens (Chelsea, 2022), Taipei's Nunu Fine Art (Lower East Side, 2023), Hong Kong's Alisan Fine Arts (Upper East Side, 2023), and Shanghai's Bank (Lower East Side, March 2025).

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Apr 23, 2026 visibility 33 link 4 artists, 82 galleries

Art Basel’s Swiss Fair Will Include a New Initiative Where Galleries Will Withhold Works from Their PDF Previews

Art Basel has announced a new initiative called "Basel Exclusive" for its upcoming Swiss fair, running June 18–21 with VIP previews June 16–17. Under the program, participating galleries will withhold at least one artwork—or even their entire booth—from the PDF previews sent to clients ahead of the fair, encouraging collectors to visit in person. So far, 170 of 232 exhibitors (nearly 75%) have signed on, including major galleries like Gagosian, Hauser & Wirth, Pace Gallery, David Zwirner, Gladstone, Lehmann Maupin, Lisson, Matthew Marks, Paula Cooper, Thaddaeus Ropac, and White Cube, as well as secondary-market dealers such as Galerie 1900-2000, Helly Nahmad, Landau, Mayoral, Pace Di Donna Schrader, and Van de Weghe. Art Basel’s chief artistic officer Vincenzo de Bellis described it as a "gallery-led process" developed from conversations with exhibitors, formalized during Art Basel Hong Kong.

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trending_up market schedule Dec 23, 2025 visibility 17 link 11 artists

Heists, Records, and Robots. A Subjective Summary of the Art World in 2025.

The article reviews the art world in 2025, highlighting a mixed year of declining sales values and cautious buyers, yet punctuated by record-breaking auctions and dramatic events. Fine art auction sales in the first half of 2025 totaled $4.7 billion, an 8.8% drop from 2024, with the average lot price falling to a decade-low of $24,224, indicating a shift toward lower-value works and younger collectors. Major sales included Gustav Klimt's Portrait of Elisabeth Lederer, which sold for $236 million at Sotheby's, becoming the second most expensive artwork ever auctioned, and Frida Kahlo's El sueño, which set a new auction record for a female artist at $55 million. The market was also unsettled by U.S. trade tariffs and economic uncertainty, while a daring heist and debates around AI art captured public attention.

newspaper Contemporary Lynx open_in_new Read original

trending_up market schedule Nov 20, 2025 visibility 11 link 9 artists

Watch the Record-Breaking Auction of This Gustav Klimt Portrait, Which Just Became the Second Most Expensive Painting Ever Sold

Gustav Klimt's "Portrait of Elisabeth Lederer" sold at Sotheby's for $236.4 million on November 20, 2025, becoming the most expensive modern artwork ever auctioned and the second most expensive painting overall. The life-size oil painting, created between 1914 and 1916, depicts the 20-year-old daughter of prominent Jewish art collectors. After a 20-minute bidding war starting at $130 million, an anonymous telephone bidder won the work, which had been owned by cosmetics heir Leonard Lauder until his death in June 2025.

newspaper Smithsonian Magazine open_in_new Read original

trending_up market schedule May 28, 2025 visibility 17 link 4 artists

lost gustav klimt portrait african prince tefaf maastricht

A long-lost Gustav Klimt portrait of an African prince, missing since World War II, has resurfaced and is now on view at TEFAF Maastricht with a €15 million ($16.4 million) price tag. The painting, titled *Prince William Nii Nortey Dowuona* (1897), was brought to W&K – Wienerroither & Kohlbacher Gallery in 2023 in poor condition, but a stamp from Klimt's estate led to its identification by catalog raisonné author Alfred Weidinger, who had searched for it for two decades. The work depicts an Osu prince from present-day Ghana, created after Klimt attended an ethnographic exhibition at Vienna's Tiergarten am Schüttel where Osu people were put on display. The painting had been owned by Ernestine and Felix Klein, Jewish collectors who fled the Nazis, and is now being shown after a restitution settlement with Klein's heirs.

newspaper Artnet News open_in_new Read original

trending_up market schedule Oct 3, 2025 visibility 24 link 19 artists, 3 galleries

Anna Schwartz Gallery, beacon of Australia’s contemporary art world, to close and rebrand

Anna Schwartz Gallery, a cornerstone of Australia’s contemporary art scene, will close in December after 40 years in Melbourne. It will be replaced by a new venture, Anna Schwartz Projects, which will focus on occasional, project-based exhibitions, conversations, and events across installation, performance, publishing, and music. The gallery’s stable has included artists such as Shaun Gladwell, Angelica Mesiti, and Marco Fusinato, each of whom represented Australia at the Venice Biennale.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule May 5, 2025 source 2 sources visibility 14 link 7 artists

Marlene Dumas painting set to break auction record for a work by a living woman artist

Marlene Dumas's painting *Miss January* (1997) will be auctioned at Christie's New York on 14 May with an estimate of $12–18 million, sourced from the collection of Mera and Don Rubell, founders of the Rubell Museum. The work is expected to surpass the current auction record for a living woman artist, held by Jenny Saville's *Propped* (1992) which sold for £9.5 million in 2018.

newspaper The Art Newspaper open_in_new Read original