Art News. Vasari Codex

trending_up market schedule May 13, 2026 visibility 31 link 82 artists, 23 galleries

Frieze New York Kicks Off with Seven-Figure Sales and High Energy: ‘It’s a Fiesta’

Frieze New York kicked off its preview day at the Shed in Manhattan with strong sales and high energy, as many attendees arrived fresh from the Venice Biennale. Galleries reported brisk presales and early placements, with White Cube selling major works by El Anatsui and Antony Gormley for seven-figure sums, and other dealers like James Cohan Gallery nearly selling out their booths. Collectors, advisors, and celebrities including Anderson Cooper, Michael Stipe, and Leonardo DiCaprio were spotted, while the Brooklyn Museum made acquisitions through the new Sherman Family Foundation Acquisition Fund.

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trending_up market schedule Dec 10, 2025 visibility 46 link 20 artists, 6 galleries

kenny schachter column larry g michael werner gallery 2719655

Kenny Schachter's column reports on the fallout at Michael Werner Gallery following the departure of star artist Peter Doig. Co-owner Gordon VeneKlasen is accused of expensing luxury items—including private jets, Hamptons helicopter rides, and even a solo helicopter trip for his Labrador Retriever—while the gallery faced financial strain. The partnership is dissolving, with VeneKlasen moving to Los Angeles to open his own gallery and listing his West Village home for $20 million. Meanwhile, Schachter also notes Pace Gallery's financial troubles, with founder Arne Glimcher stepping in to stabilize operations.

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trending_up market schedule May 22, 2025 visibility 31 link 27 artists, 3 galleries

kenny schachter new york fair auction recap 2648049

Kenny Schachter's article for Artnet News draws a parallel between President Jimmy Carter's 1977 energy-crisis plea to lower thermostats and the current art-market response to Trump-era tariff turmoil. He reports that the spring 2025 auction cycle generated $1.25 billion, continuing a decade-long decline from the 2014 peak, with bidders spending less and big-ticket sellers stuck. Schachter also promotes his own no-reserve auction, "Hoarder #6," scheduled for July 8–17 at Phillips, and critiques Trump's economic policies and crypto ventures, name-dropping Justin Sun as a major holder of $Trump tokens.

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trending_up market schedule Mar 4, 2026 visibility 21 link 1 artist, 2 galleries

work of the week david hockney english garden 2748979

David Hockney’s 1965 painting 'English Garden' is returning to the auction block at Sotheby’s London with an estimate of £2.5 million to £3.5 million ($3.4 million to $4.7 million). Painted while Hockney was teaching at the University of Colorado, Boulder, the work is recognized as his first English landscape and has been held in a private collection for nearly thirty years. It was last sold at auction in 1997 for just £89,500.

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trending_up market schedule May 6, 2026 visibility 36 link 38 artists, 13 galleries

Ceramics Are Everywhere, in Museums, Galleries, and Fairs—Has the Market Caught Up?

Ceramics are experiencing a surge in visibility across museums, galleries, and art fairs in major US cities. The article catalogs numerous recent and upcoming exhibitions, including Kathy Butterly's sold-out show at James Cohan with pieces at $45,000 each, Nicole Cherubini's nearly sold-out show at Friedman Benda with prices up to $65,000, and Ruby Neri's work at Salon 94 peaking at $75,000. Other highlights include Ron Nagle at Matthew Marks, Theaster Gates' Gagosian show celebrating David Drake, NADA Ceramics in Tribeca, and ceramic presentations at Frieze Los Angeles, Post-Fair, Expo Chicago, and David Zwirner. Institutional shows include Toshiko Takaezu at Princeton University Art Museum and a ceramic collection at RISD Museum.

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trending_up market schedule Apr 27, 2026 visibility 38 link 5 artists, 3 galleries

$102 Million Verdict Over Robert Indiana Artwork May End Years-Long Legal Battle

A Manhattan federal jury awarded $102 million in damages to the Morgan Art Foundation in its lawsuit against art publisher Michael McKenzie, finding him guilty of making and selling unauthorized Robert Indiana artworks. The verdict, delivered on April 23, follows a complex legal battle that began just before Indiana's death in 2018, involving accusations of exploitation, fraud, and copyright infringement. McKenzie and caretaker Jamie Thomas were also accused of taking advantage of the elderly artist. The case has cast doubt on the authenticity of some late Indiana works and affected his market, with his auction record remaining at just over $4 million since 2011.

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trending_up market schedule Feb 2, 2026 visibility 24 link 4 artists, 1 gallery

jeffrey epstein leon black gagosian picasso sculpture 1234771752

Newly released documents from the Department of Justice reveal that the late financier and convicted sex offender Jeffrey Epstein was deeply involved in facilitating major art transactions between mega-collector Leon Black and Gagosian gallery. The files detail Epstein's personal communications with Black's lawyers regarding the acquisition of Pablo Picasso's 1931 sculpture *Buste de Femme (Marie-Thérèse)*, a work that was the subject of a legal dispute before Black acquired it for over $115 million. Epstein also assisted in a complex $48 million swap of a Rothko painting for a Picasso through Gagosian in 2012.

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trending_up market schedule Nov 18, 2025 visibility 16 link 1 artist, 1 gallery

jeffrey epstein emails leon black picasso gagosian 1234761921

Newly released emails from convicted sex offender Jeffrey Epstein reveal that he discussed a plan by billionaire art collector Leon Black to purchase a Picasso painting from Gagosian gallery for $100 million. In a 2015 email to Melanie Spinella, a representative for Black, Epstein questioned the lack of a written contract for the overseas transfer, calling it 'fishy.' The emails also show Epstein advising Black on broader art purchasing strategies, including assigning agreements to family members, and offering opinions on Artspace, the online art marketplace acquired by Black's publishing house Phaidon.

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trending_up market schedule May 12, 2025 visibility 21 link 36 artists, 23 galleries

nada new york independent art fairs sales report 1234741712

Two major New York art fairs—NADA New York and Independent—opened this week alongside Frieze and TEFAF, marking a crowded spring fair season. Despite a recent market downturn, both fairs reported strong attendance and early sales. NADA's executive director Heather Hubbs noted high-quality visitors and positive feedback on the new venue, while Independent founder Elizabeth Dee cited a 20% increase in opening-day attendance and robust buying from collectors and institutions. Sales ranged from lower-priced works under $50,000 to six-figure transactions, with galleries like Vielmetter Los Angeles, Andréhn-Schiptjenko, and Fleisher/Ollman Gallery reporting significant sales.

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trending_up market schedule Apr 26, 2026 visibility 46 link 6 artists, 2 galleries

A Smaller Art Brussels Represents a Shift in the Fair Ecosystem Toward a ‘Quality-First’ Approach

Art Brussels, now in its 42nd edition (April 23–26), has downsized from 164 to 138 participating galleries, a 15% reduction that allows the fair to fit entirely within one hall of Brussels Expo. Director Nele Verhaeren openly acknowledged the shift, framing it as a deliberate move toward a 'quality-first' approach that prioritizes visitor experience over sheer scale. The fair introduces a new section called Horizons, curated by Devrim Bayar of the upcoming Kanal-Pompidou museum, featuring seven large-scale works in the freed-up space. Dealers like Xavier Hufkens and Nadja Vilenne support the strategy, noting that galleries must now carefully choose which fairs to attend amid rising costs and geopolitical tensions.

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trending_up market schedule Apr 10, 2026 visibility 42 link 31 artists, 8 galleries

Expo Chicago’s local focus pays off as Midwestern collectors, institutions buoy sales

The latest edition of Expo Chicago has reinforced its reputation as a curator-centric fair, with more than half of its booths dedicated to curated or thematic sections. Under the leadership of new director Kate Sierzputowski, the fair integrated institutional voices directly into the floor plan through sections like 'Embodiment,' curated by Louise Bernard of the Obama Presidential Center. This strategic focus on curation and local institutional ties resulted in strong early sales, including works by María Magdalena Campos-Pons, Torkwase Dyson, and Ambreen Butt, with several pieces acquired by American institutions.

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trending_up market schedule Sep 25, 2025 visibility 26 link 11 artists, 7 galleries

untitled houston fair sales report 1234752806

The inaugural edition of Untitled Art, Houston, opened with 88 galleries—half the size of its Miami Beach counterpart—and generated strong sales and high attendance. Los Angeles-based Megan Mulrooney sold out its booth entirely, while Sicardi | Ayers | Bacino led sales with a Carlos Cruz-Diez work for $415,000. Other notable transactions included a bronze piece by Clare Rojas for $150,000 at Jessica Silverman and two John Alexander paintings at McClain Gallery fetching $70,000–$125,000. Most galleries reported consistent mid-market sales in the $25,000–$50,000 range, with collectors from Houston, Dallas, Austin, the Bay Area, New Orleans, Los Angeles, and San Francisco actively acquiring.

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trending_up market schedule Nov 20, 2025 visibility 32 link 5 artists, 43 galleries

frieze los angeles 2026 exhibitor list 1234762548

Frieze Los Angeles has announced its 2026 exhibitor list, featuring 95 galleries from 22 countries at the Santa Monica Airport, running from February 26 to March 1. The lineup includes blue-chip names like Gagosian, Hauser & Wirth, and David Zwirner, alongside local staples such as Commonwealth & Council and David Kordansky Gallery. First-time participants include El Apartamento, Bradley Ertaskiran, and Sprüth Magers returns after a hiatus. The Focus section, curated by Essence Harden, highlights galleries under 12 years old. Notable absentees include Marian Goodman Gallery, Bortolami, and Sean Kelly, while five galleries that participated in 2025 have since closed. The fair follows a challenging 2025 edition impacted by LA wildfires, which prompted withdrawals and a charity initiative.

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trending_up market schedule Apr 30, 2026 visibility 24 link 10 artists, 4 galleries

Under new ownership, Art Monte Carlo voices 'global ambitions'

The 10th edition of Art Monte Carlo took place from April 29 to May 1 in the Grimaldi Forum, featuring 26 exhibitors ranging from Old Master paintings to contemporary works by Picasso, Warhol, and Richter. The fair was acquired last year by Informa Prestige, a luxury offshoot of Informa, which also owns Miami's Untitled fair. Executive chair John Paton aims to grow the fair, nearly double its size within two years, and expand to another location, leveraging complementary audiences from yachting and supercars.

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trending_up market schedule Feb 25, 2026 visibility 25 link 13 artists

art business conference artist brand collaborations 2747606

The Art Business Conference in Paris recently highlighted the growing trend and inherent risks of collaborations between artists and commercial brands. Keynote speaker Vadim Grigoryan and other industry experts discussed how these partnerships have evolved from historical precedents like Dalí and Schiaparelli into a modern necessity for brands seeking cultural relevance. While these deals offer artists financial stability and massive public exposure, the conference warned of the dangers of "commodity" marketing and the exploitation of artistic vision.

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trending_up market schedule Aug 15, 2025 visibility 21 link 12 artists

ole faarup collection christies sale doig ofili 1234749450

Christie’s will host a single-owner sale of the contemporary art collection of Danish businessman Ole Faarup in October, featuring works by Peter Doig, Chris Ofili, Jean-Michel Basquiat, and others. The sale, estimated at up to £22 million, is anchored by two major Doig paintings—Country Rock (1998–99) and Ski Jacket (1994)—and Ofili’s Blossom (1997). Proceeds will fund the newly formed Ole Faarup Art Foundation, which aims to promote Danish art internationally and bring international works to Danish museums.

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trending_up market schedule May 1, 2025 visibility 19 link 12 artists, 2 galleries

from the studio to the auction block morgan stanley 2202991

This article from Artnet News Pro analyzes how early auction market interest impacts the long-term prospects of contemporary artists, using data from Sotheby's, Christie's, and Phillips. It focuses on two categories: "Ultra-Contemporary" art (artists born 1975–present) and "Postwar and Contemporary" art (artists born 1900–1974). The study examines macro trends over the past 20 years and presents five case studies of living artists whose auction sales peaked at different points. Key findings show that from 2013 to 2021, sales of Ultra-Contemporary art grew by over 700%, from $91.4 million to $739.3 million, while sales for the older cohort peaked in 2014 at $6.95 billion, a modest 16% increase. The number of Ultra-Contemporary lots sold also surged by 250%.

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trending_up market schedule Dec 2, 2025 visibility 22 link 8 artists, 1 gallery

southern guild tribeca expansion 2025 1234764175

Southern Guild, the prominent Cape Town gallery co-founded by Trevyn and Julian McGowan, is opening a new outpost in a restored 19th-century Tribeca townhouse on Leonard Street in New York. The expansion comes as the gallery closes its Los Angeles space, a move the McGowans describe as instinctive rather than strategic. The new space, with its sixteen-foot ceilings and exposed brick, represents a leap of faith amid a challenging 2025 art market marked by gallery closures and industry retrenchment.

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trending_up market schedule Jun 17, 2025 visibility 21 link 6 artists, 2 galleries

rhea dillon joyce joumaa baloise art prize art basel 1234745326

The Baloise Art Prize, worth $36,800, has been awarded to artists Rhea Dillon and Joyce Joumaa at Art Basel. Dillon's "Leaning Figures" sculptures, made from soap and molasses, were presented by London's Soft Opening gallery. Joumaa's installation "Periodic Sights," shown by Montreal's Eli Kerr Gallery, features photographs of Tripoli and Beirut commenting on energy crises in Lebanon. The prize is given annually to two artists in the fair's Statements sector.

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trending_up market schedule Oct 13, 2025 visibility 20 link 11 artists, 4 galleries

young dealers old masters art market

A new generation of young gallerists is revitalizing the art market by specializing in historical art forms—from ancient jewelry and Old Master drawings to Art Deco and overlooked women Impressionists. The article profiles seven dealers who launched their businesses between ages 22 and 41, with half based in London. Notable figures include Pauline Pavec and Quentin Derouet (co-founders of Pavec, focusing on 19th- and 20th-century women artists), Baron Lorne Thyssen-Bornemisza (Kallos Fine Jewellery, ancient jewelry), and Maxime Flatry (20th-century art and design). Two of the dealers will exhibit at Frieze Masters this October, directed by Emanuela Tarizzo, who emphasizes that collectors and institutions increasingly seek cross-century narratives.

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trending_up market schedule Sep 18, 2025 visibility 18 link 7 artists, 8 galleries

art world italy gallery boom

Austrian art dealer Thaddaeus Ropac is opening a new gallery in Milan, his seventh location, despite initial concerns over Italy's high value-added tax (VAT) on art, which was Europe's highest at 22 percent. The Italian government slashed the VAT to 5 percent in June after pressure from art market players, making it the lowest in the EU. The gallery, spanning over 3,000 square feet in the 18th-century Palazzo Belgioioso, opens on September 20 with a show featuring Georg Baselitz and Lucio Fontana, followed by exhibitions of Valie Export and Ketty La Rocca. Elena Bonanno di Linguaglossa will serve as executive director.

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trending_up market schedule Oct 25, 2025 visibility 30 link 26 artists, 4 galleries

Discover 10 Highlights from Art Basel Paris 2025

Art Basel Paris 2025, now in its fourth edition, took place from October 22–26 at the restored 1900 Paris Exposition venue, a Beaux-Arts landmark with Art Nouveau iron and glasswork. The fair hosted 206 international galleries and introduced a new 'Avant-Première' V.V.I.P. day on October 21, where each gallery could allocate six guest passes. Blue-chip sales were swift, led by Hauser & Wirth selling Gerhard Richter's *Abstraktes Bild* (1987) for $23 million to a European collector. Other notable sales included Bruce Nauman's neon sculpture *Masturbating Man* for over $4.7 million and Amedeo Modigliani's *Jeune fille aux macarons* (1918) for $10 million at Pace Gallery. The fair also featured curatorial sectors Emergence (16 solo presentations by emerging artists) and Premise (ten historical projects with works predating 1900).

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trending_up market schedule May 1, 2026 visibility 24 link 6 artists

Botticelli Painting Banned from Export Will Stay in the UK

A Botticelli painting, *The Virgin and Child Enthroned* (1470s), previously placed under an export ban to keep it in the UK, has been acquired by the Klesch Collection. The work, valued at £10.2 million, will remain in England through a three-year loan to the Ashmolean Museum at the University of Oxford. The painting was bought in 1904 by Harriet Sarah Jones Loyd (Lady Wantage) from Italian dealer Elia Volpi, who had acquired it from the Magherini Graziani family.

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trending_up market schedule May 1, 2026 visibility 24 link 9 artists

Botticelli under UK export ban purchased by Klesch Collection

A Botticelli painting, *The Virgin and Child Enthroned* (1470s), valued at £10.2 million, has been purchased by the Klesch Collection, a British private collection, after the UK government placed an export bar on the work in May 2025. The painting, which sold at Sotheby’s London in late 2024 for £9.7 million, will be loaned to the Ashmolean Museum in Oxford for three years, ensuring it remains in the UK.

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trending_up market schedule Feb 10, 2026 visibility 30 link 10 artists

leon black ronald lauder epstein files 2742950

Newly released documents from the Jeffrey Epstein investigation reveal that billionaire art collectors and Museum of Modern Art trustees Leon Black and Ronald Lauder have co-owned several major artworks for decades. The files, made public by the U.S. Department of Justice, confirm long-standing rumors of their joint acquisitions, including a Max Beckmann self-portrait and two Ernst Ludwig Kirchner works, purchased for a total of $31.6 million and later appraised at $93.5 million.

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trending_up market schedule Dec 12, 2025 visibility 12 link 3 artists

kenny schachter aucton sales column 2725477

Kenny Schachter's column reveals that Jeff Bezos secretly bought Frida Kahlo's 1941 painting *Me and My Parrot* for over $130 million in a private auction hosted by Christie's in 2021, and that Mark Zuckerberg recently purchased René Magritte's 1964 painting *Le fils de l'homme* (The Son of Man) for roughly $150 million in another private treaty sale negotiated by Christie's. The article also discusses a new private auction Christie's is organizing for a major Magritte work valued north of $50 million, and critiques the growing influence of tech billionaires—the "Magnificent 7"—on the art market.

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trending_up market schedule Oct 10, 2025 visibility 18 link 3 artists

frieze abu dhabi fair announced 1234756413

Frieze, the London-based art fair organizer, announced it will launch Frieze Abu Dhabi in November 2026, partnering with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi). The new fair will replace the existing Abu Dhabi Art fair, which has run since 2007, and will take place at Manarat Al Saadiyat in the Saadiyat Cultural District. The announcement follows Frieze's recent acquisition by Mari, a company founded by Ari Emanuel, and comes amid a wave of international art fair expansions in the Gulf region, including Art Basel's new fair in Doha.

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trending_up market schedule Jun 5, 2025 visibility 14 link 5 artists

ashmolean museum acquires fra angelico painting 2566049

The Ashmolean Museum in Oxford has raised $4.48 million ($5.8 million) to acquire Fra Angelico's early Renaissance painting "The Crucifixion with the Virgin, Saint John the Evangelist, and the Magdalen" (1420s). The work had been in a private British collection for two centuries and was nearly sold to a foreign buyer until the U.K. government imposed an export deferral in January 2024, giving time for a domestic buyer to step in. The acquisition was completed via a private treaty sale at a discounted price, funded by over 50 donors including chairman Lord Lupton, the National Heritage Memorial Fund, Art Fund, and the Headley Trust.

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trending_up market schedule Jun 5, 2025 visibility 13 link 4 artists

the national portrait gallery getty museum jointly acquire joshua reynolds portrait of omai 2278884

The National Portrait Gallery in London and the J. Paul Getty Museum in Los Angeles have jointly acquired Joshua Reynolds's 1776 painting *Portrait of Omai* for an estimated £50 million ($62 million). This marks the first time museums in the UK and US have partnered on a single acquisition, with each institution paying half and sharing ownership of the artwork, which will be displayed alternately in both countries. The painting depicts Mai (Omai), a young Tahitian man who visited Britain in 1774 with explorer James Cook, and had never before been held in a museum collection.

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trending_up market schedule Jun 5, 2025 visibility 22 link 9 artists

museum launches public appeal to buy rare barbara hepworth sculpture 1234744353

The Hepworth Wakefield museum, supported by the Art Fund, has launched a public appeal to raise £3.8 million ($5 million) to acquire Barbara Hepworth's rare 1943 sculpture *Sculpture with Colour (Oval Form) Pale Blue and Red*. The work was purchased by a private collector at Christie's London in March 2024 for the same amount, but the UK government imposed a temporary export ban in December 2024, citing its outstanding historical and aesthetic significance. The museum has until August 27 to raise the remaining £2.9 million; the Art Fund has already contributed £750,000. If the goal is not met, the collector may export the piece.

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