Art News. Vasari Codex

trending_up market schedule May 1, 2025 visibility 22 link 22 artists, 9 galleries

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.

newspaper Artnet News open_in_new Read original

trending_up market schedule Apr 3, 2026 visibility 28 link 3 artists, 2 galleries

Christie’s to sell an almost unknown Van Gogh double-sided drawing

A previously obscure double-sided drawing by Vincent van Gogh, created in the final weeks of his life, will be auctioned by Christie's in Paris. The sheet features a study of female pea pickers on one side and a landscape on the other, complete with color notations indicating Van Gogh's intention to develop them into paintings. The work has been authenticated by the Van Gogh Museum and carries an estimate of €100,000-€150,000.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Sep 12, 2025 visibility 31 link 40 artists, 16 galleries

frieze seoul 2025 sales report

The fourth edition of Frieze Seoul opened with strong collector turnout and solid first-day sales, despite a turbulent global art market. High-profile attendees included MoMA PS1 director Connie Butler, Hawai‘i Triennial 2025 cocurator Wassan Al-Khudhairi, and Top 200 Collectors Lonti Ebers, Yassmin Ghandehari, and Qiao Zhibing, alongside K-pop stars Lisa (BLACKPINK), RM (BTS), and The8 and Vernon (Seventeen). Major sales included Hauser & Wirth’s $4.5 million sale of Mark Bradford’s triptych "Okay, then I apologize" (2025) and a George Condo painting for $1.2 million, while White Cube, Thaddaeus Ropac, Pace Gallery, and others reported significant transactions. International blue-chip galleries with Seoul spaces are doubling down, presenting top-tier shows of star artists like James Turrell, Antony Gormley, and Lee Bul, with Korea’s private museums also mounting blockbuster exhibitions.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 1, 2025 visibility 30 link 41 artists, 5 galleries

morgan stanley intelligence report triumph contemporary

Morgan Stanley and Artnet have released an Intelligence Report analyzing the explosive growth of the ultra-contemporary art market—defined as work by artists born after 1974. Auction sales in this category surged 305% from 2019 to 2021, reaching $742.2 million last year, driven by strong demand in the U.S. and China. The report breaks down sales by region, price band, and leading artists, highlighting how galleries, fairs, museums, and collectors are capitalizing on this trend.

newspaper Artnet News open_in_new Read original

trending_up market schedule Oct 30, 2025 visibility 24 link 6 artists, 6 galleries

reginald madison uffner liu john sandroni industry moves

Reginald Madison, a self-taught painter and sculptor from the Black Arts Movement in Chicago, has joined Uffner & Liu gallery for representation. Paul Soto Gallery now represents John Sandroni, whose work is currently on view in New York. KSS Architects completed a new Learning and Engagement Center at the Newark Museum of Art. Meanwhile, at least eight blue-chip galleries have dropped out of Art Basel Miami Beach, and Karim Crippa has been appointed director of Art Basel Paris. Christie’s four auctions held concurrently with Art Basel Paris totaled $107.4 million, with Yves Klein’s "California (1KB 71)" selling for $21.3 million, a record for the artist in France.

newspaper ARTnews open_in_new Read original

trending_up market schedule Feb 9, 2026 visibility 44 link 28 artists, 14 galleries

art basel qatar 2026 sales report art market

Art Basel Qatar concluded its first edition with strong attendance and sales, signaling Doha's emergence as a significant art market hub. The fair attracted over 17,000 visitors, with nearly half of the private collectors coming from the MENASA region, and saw institutional placements and steady sales across various price points. Notable sales included works by Lucy Bull, Issy Wood, Nari Ward, and Ahmed Mater.

newspaper ARTnews open_in_new Read original

trending_up market schedule Oct 25, 2025 visibility 32 link 32 artists, 9 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).

newspaper Galerie Magazine open_in_new Read original

trending_up market schedule Feb 15, 2026 visibility 22 link 35 artists, 7 galleries

The Great Indian Art Mafia

The Indian art market has undergone a dramatic transformation, shifting from a selective market with works priced between Rs 5-25 crore to a high-stakes arena where record-breaking sales are now common. Between 2023 and 2025, multiple works crossed the Rs 50-100 crore threshold, with M.F. Husain's 'Gram Yatra' (1954) achieving the highest price to date at approximately Rs 118 crore, acquired by the Kiran Nadar Museum of Art. The market has expanded to over Rs 3,000 crore, with projections of Rs 10,000 crore by 2030.

newspaper The New Indian Express open_in_new Read original

trending_up market schedule Mar 18, 2026 visibility 18 link 4 artists

Lost Joan Miró Drawings Reemerge at Auction

Three previously unknown drawings by Joan Miró have been discovered among the possessions of his friend, the artist and designer Edmond Vernassa. The works include a 1972 promotional drawing for Mallorca and two large-scale designs for interior balcony railings, created for the influential art dealers Aimé and Marguerite Maeght. The drawings are now set for auction in Antibes with estimates reaching up to €400,000 each, following a public showcase during Paris Drawing Week.

newspaper Artnet News open_in_new Read original

trending_up market schedule Feb 6, 2026 visibility 23 link 3 artists

drawing of foot michelangelo record christies

A previously unknown red-chalk drawing by Michelangelo, a study for the foot of the Libyan Sibyl from the Sistine Chapel ceiling, sold for $27.2 million at Christie’s New York on Thursday, far exceeding its $1.5–$2 million estimate. The work was submitted to Christie’s online estimate portal last March by an anonymous owner who inherited it from their grandmother; it had hung on a wall for years, assumed to be a copy. After months of authentication using infrared reflectography and cross-referencing with drawings at the Metropolitan Museum of Art and the Uffizi Gallery, Christie’s specialists confirmed it as an authentic Michelangelo. The sale set a new auction record for the artist, surpassing the previous $24.3 million record set at Christie’s Paris in 2022.

newspaper ARTnews open_in_new Read original

trending_up market schedule Feb 5, 2026 visibility 14 link 8 artists

gentileschi auction lucretia

A rediscovered painting by Baroque master Artemisia Gentileschi, titled 'Lucretia,' sold for €4.8 million ($5.28 million) at an Artcurial auction in Paris, shattering the artist's previous auction record. The price soared to six times its high estimate, reflecting intense market competition for the rare work.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 19, 2025 visibility 16 link 8 artists

basquiat crowns peso neto sothebys auction

An early Jean-Michel Basquiat painting, *Crowns (Peso Neto)* (1981), sold for $48.3 million at Sotheby’s contemporary evening sale on Tuesday night, exceeding its pre-sale estimate of $35–45 million. The work, making its auction debut, was created when Basquiat was 21 and features his signature motifs of crowns, black faces, and cartographic lines. Bidding lasted five minutes, with Sotheby’s chairman for China Jen Hua winning on behalf of a phone client. The painting had been held in three private collections over four decades and was previously exhibited at Basquiat’s first solo show at Annina Nosei, documenta 7, the Whitney Museum, and the Fondation Louis Vuitton.

newspaper Artnet News open_in_new Read original

trending_up market schedule Jul 3, 2025 visibility 23 link 15 artists, 9 galleries

for asias art market 2025 has been about rapid fire change

Art Basel has concluded and the London sales have wrapped, marking a busy first half of 2025 for Asian art markets despite economic uncertainties and geopolitical challenges. New players and trends have emerged: international auction houses aligned their Hong Kong sales with Art Basel Hong Kong for the first time, South Asian art has had a banner year at auction and in institutions, and West Asia is rising with Sotheby's inaugural sale in Saudi Arabia and Art Basel's planned Qatar fair. Asian galleries are expanding into Western capitals, while Western galleries are picking up Asian talent, such as Korean artist Anna Park joining Lehmann Maupin and Rim Park partnering with Kraupa-Tuskany Zeidler. Japanese artist Yu Nishimura had his first U.S. solo show at David Zwirner, and the Labubu plush toy by Kasing Lung became a pop culture sensation.

newspaper Artnet News open_in_new Read original

trending_up market schedule Jul 3, 2025 visibility 16 link 13 artists

turner rediscovered masterpiece auction

A rediscovered oil painting by J.M.W. Turner, titled *The Rising Squall, Hot Wells, from St Vincent’s Rock, Bristol*, sold for £1.9 million ($2.6 million) at Sotheby’s Old Masters and 19th Century Paintings evening auction in London—more than six times its high estimate. The work, painted in 1792 when Turner was 17, had been misattributed and sold for just $506 at a Dreweatts auction the previous year. After cleaning revealed Turner’s signature, scholars confirmed its authenticity, and it was identified as Turner’s first publicly exhibited oil painting, exhibited at the Royal Academy in 1793. The winning bidder was a private collector in the U.K., outbidding Bristol Museum and Art Gallery, which had raised over £100,000 from donors in a failed attempt to acquire the work.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 28, 2025 visibility 23 link 5 artists, 3 galleries

the view from paula tsai

Paula Tsai, a key figure in Asia's art market, discusses the evolving landscape of collecting in the region, focusing on mainland China and Korea. She notes a surge of new buyers from China, many of whom are young entrepreneurs, while the Korean market remains more mature and stable. Tsai addresses the impact of tariffs on importing art, particularly for Chinese collectors, but asserts that passionate collectors will continue to buy, adjusting timing rather than abandoning purchases. She also highlights the growing Thai market and the complexity of the Chinese market, where established collectors are cautious but new entrants keep activity high.

newspaper Artnet News open_in_new Read original

trending_up market schedule Feb 2, 2026 visibility 18 link 13 artists, 3 galleries

MENA Artists Are Having a Market Moment That’s Built to Last

Auction sales for artists from the Middle East and North Africa (MENA) region rose 9.4% to $33.2 million in 2025, driven by increased activity from international auction houses and the emergence of new hubs like Riyadh. The Sotheby's 'Origins' sale in Saudi Arabia achieved $17.3 million, setting artist records, while works from Lebanon, Egypt, and Iraq saw particularly strong gains, indicating a market rebalancing.

newspaper observer.com open_in_new Read original

trending_up market schedule Dec 18, 2025 visibility 36 link 13 artists, 20 galleries

Five forces that reshaped the art market in 2025

In 2025, the art market faced significant challenges, including gallery closures and unfavorable auction results in the first three quarters, driven by geopolitical pressures such as US President Donald Trump's tariffs. However, a rebound occurred in autumn, with buoyant fairs like Frieze London and Art Basel Paris, and strong November auctions in New York totaling over USD 2 billion, carrying momentum to Art Basel Miami Beach. Key events included Gustav Klimt's *Portrait of Elisabeth Lederer* selling for USD 236.4 million at Sotheby's, a record for a Modern work, and a Frida Kahlo self-portrait setting a new record for a work by a woman. Meanwhile, several galleries closed, including Blum, Venus Over Manhattan, Clearing, Kasmin Gallery, Tilton Gallery, and Perrotin and Pace's Hong Kong outposts, while others expanded, such as Thaddaeus Ropac in Milan and Hauser & Wirth in Sicily.

newspaper Art Basel open_in_new Read original

trending_up market schedule Dec 8, 2025 visibility 23 link 9 artists, 1 gallery

art market minute dec 8

The article reports strong sales across Miami art fairs, particularly at Art Basel Miami Beach, where Beeple's "Regular Animals"—robotic dogs with hyper-realistic heads of billionaires—were a major attraction in the new digital art section Zero10. It also notes that three art-world heavyweights are launching a new gallery focused on secondary market sales, and that the Art Dealers Association of America is launching a new art fair after canceling its long-running Art Show.

newspaper Artnet News open_in_new Read original

trending_up market schedule Jan 28, 2026 visibility 20 link 7 artists

sothebys modern contemporary art singapore pacita abad

Sotheby’s held its annual modern and contemporary art sale in Singapore on Sunday, achieving $13.1 million across 62 lots with a 94% sell-through rate. The top lot was Adrien-Jean Le Mayeur de Merpres’s *Weavers* (1953) at $1.2 million, followed by Takashi Murakami’s *Blue Signals* (2017) at $1.06 million. New artist records were set for Pacita Abad, whose *Assaulting the eye with Ecstasy* (1984) sold for $389,400, and Singaporean artist Anthony Poon, whose *Colour Waves* (1986) fetched $129,800. Bidders came from Southeast Asia, the US, the UAE, Europe, South Korea, Japan, India, and China.

newspaper ARTnews open_in_new Read original

trending_up market schedule Apr 29, 2026 visibility 27 link 10 artists

A New York si è svolta un’asta di oggetti di design con risultati clamorosi (specchi da 30 milioni e altro ancora)

On April 22, 2026, Sotheby's in New York auctioned the first part of the Jean and Terry de Gunzburg collection, comprising around 125 exceptional design and contemporary art pieces. The sale, held at the Breuer Building, achieved a complete sell-out and became the most valuable design auction ever in the United States, totaling $96 million. A highlight was a new auction record for Claude Lalanne: a set of fifteen mirrors originally commissioned by Yves Saint Laurent sold for over $30 million, surpassing the previous record set by her husband François-Xavier Lalanne's Hippopotame Bar.

newspaper Artribune open_in_new Read original

trending_up market schedule Apr 27, 2026 visibility 21 link 8 artists

The Art Trade Is Taking Calculated Risks With A.I.

The article examines how the art trade is cautiously experimenting with artificial intelligence, noting that while AI tools are being developed to attract newer collectors, the industry remains heavily reliant on trust and personal relationships that technology cannot replicate. It also reports on Fair Warning's new 'No Warning' sealed-bidding auction format, reflecting a rise in private auctions, and highlights a Sotheby's New York sale of the Jean and Terry de Gunzburg collection that set a U.S. record for design auctions at $96 million, led by a set of 15 mirrors by Claude Lalanne for Yves Saint Laurent that sold for $33.5 million.

newspaper Artnet News open_in_new Read original

trending_up market schedule Jul 11, 2025 visibility 17 link 6 artists

man ray rediscovered

A rediscovered watercolor sketch by Man Ray, created in 1913 when he was in his early twenties, has resurfaced after decades in an attic and sold for £18,000 ($24,000) at Dreweatts auction house in Newbury, England, on July 10. The work, titled *Nude Playing Musical Instrument [Study for “Tapestry Painting”]*, is a preparatory study for a lost larger oil-on-linen tapestry and offers rare insight into the artist's pivotal transition from traditional painting to avant-garde experimentation inspired by European modernism encountered at the 1913 Armory Show.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 2, 2026 visibility 20 link 5 artists, 1 gallery

Harper’s Bangkok Gallery Opens its Doors, Bringing Western Artists to Thailand

Harper's Bangkok, a new outpost of the New York-based gallery group founded by Harper Levine, opened in late March 2026 on the ground floor of the Siam Pathumwan House building. Its debut exhibition, 'Lost and Found', is a solo show by American artist Joel Mesler featuring 18 new vibrantly colored works, marking his first presentation in Southeast Asia. The gallery is the first major Western commercial gallery to establish a permanent space in Bangkok, joining a rapidly maturing local art ecosystem.

newspaper prestigeonline.com open_in_new Read original

trending_up market schedule Dec 19, 2025 visibility 27 link 7 artists, 11 galleries

Art market 2025 review: all eyes on the Gulf as Trump destabilises global order

The global art market continued to contract in 2025, with prominent galleries such as Blum, Clearing, Sperone Westwater, Tilton, Kasmin, TJ Boulting, Project Native Informant, Nir Altman, and Altman Siegel closing due to challenging macroeconomic conditions. However, a rebound emerged at the top end by autumn, driven by Sotheby's white-glove sale of the Pauline Karpidas collection, strong VVIP sales at Art Basel Paris, and New York's November auctions, where Klimt's *Portrait of Elisabeth Lederer* (1914-16) sold for $236.3 million and Frida Kahlo's *El Sueño (la cama)* (1940) for $54.7 million. Christie's and Sotheby's reported increased sales from 2024, with second-half auctions up 26% year-on-year, though recovery remains uneven and concentrated in classic secondary-market tastes.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Feb 24, 2026 visibility 16 link 4 artists, 1 gallery

New and relaunched satellite fairs spread across Los Angeles during Frieze

A wave of new and relaunched satellite art fairs is debuting in Los Angeles to coincide with Frieze Los Angeles, offering lower-cost alternatives for galleries and artists. Newcomers like the Indianapolis-based Butter Art Fair, the photography-focused Show LA, and the New York-centric Enzo Art Fair are positioning themselves as intimate, artist-centric, or zero-fee options. These ventures aim to capitalize on the influx of global collectors while bypassing the high overhead costs associated with major international fairs.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Dec 4, 2025 visibility 16 link 9 artists

Medieval triptych ventures out of Dorset to sell for £5.7m in London Old Master auctions

A late 15th-century Netherlandish triptych, *The Five Miracles of Christ*, sold for £5.7 million at Sotheby’s London Old Master auction. The work, kept for centuries at St. John’s Almshouse in Sherborne, Dorset, had never before appeared on the market. The charity sold it to fund affordable housing, and the buyer—an unnamed Christian charitable foundation—plans to keep the painting publicly viewable in the town. Other highlights included a Rembrandt reattribution, *Saint John on Patmos*, which sold for £6.8 million, and a record £3.2 million for a Hans Eworth portrait of the 4th Duke of Norfolk.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Oct 8, 2025 visibility 32 link 27 artists

From Mondrian to Man Ray, Here Are the Best-Sellers at Auction So Far This Year

The article analyzes the best-selling artworks at auction in the first half of 2025, covering Old Masters, Impressionist and Modern, and Postwar categories. Notable sales include a pair of Francesco Guardi views of Venice that sold for $10.5 million at Sotheby’s New York, a Piet Mondrian abstraction from the estate of Barnes & Noble founder Leonard Riggio that fetched just under $50 million, and a monumental rhinoceros-shaped desk by François-Xavier Lalanne that more than tripled its high estimate after a 13-minute bidding war. The report highlights that Old Masters sales were up 24% year-over-year, while top Impressionist and Modern lots saw lower prices compared to 2024.

newspaper Artnet News open_in_new Read original

trending_up market schedule Apr 26, 2025 visibility 13 link 6 artists

Basquiat masterpiece expected to fetch $15m at Sotheby’s auction

A rare, untitled 1981 Jean-Michel Basquiat painting, unseen for over three decades, will headline Sotheby’s Contemporary Evening Auction in New York this May, with an estimate of $10–15 million. The work, created when Basquiat was 20, captures his transition from street art to international fame and has been held in the same private collection since 1989. The auction also features pieces from Barbara Gladstone’s collection, the Roy Lichtenstein Foundation, and works by Lucio Fontana, Robert Rauschenberg, and Pablo Picasso.

newspaper The Lagos Review open_in_new Read original

trending_up market schedule Oct 29, 2025 visibility 14 link 5 artists

Led by £10.2m cheetah miniature, Aga Khan collection breaks all-time record for South Asian art sale

A single-owner sale of 95 lots from the collection of Prince Sadruddin Aga Khan at Christie's London achieved £45.8m ($61m), shattering the presale estimate of 'in excess of £8m' and setting a new all-time record for any South Asian art sale. The top lot, Basawan's miniature *A Family of Cheetahs in a Rocky Landscape* (circa 1575-80), sold for £10.2m ($13.6m), becoming the most expensive classical Indian or Islamic painting at auction. The sale also featured eight works from the Fraser Album, which together made £6.2m, and a portrait by Dust Muhammad that fetched £2.7m.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Dec 17, 2025 visibility 10

India’s Art Market Thrives on New Wealth, and a Whale

The article reports that India's art market is experiencing significant growth, driven by the emergence of new wealth and the presence of a major collector, referred to as a "whale." This surge is characterized by increasing auction sales and a rising demand for modern and contemporary Indian art, with notable activity from wealthy individuals and investors entering the market.

newspaper Bloomberg open_in_new Read original