Vasari Art Codex

trending_up market schedule May 1, 2026 visibility 24 link 19 artists, 3 galleries

Artist Foundations’ Net Worth Has Nearly Tripled to $9 B., Led by Cy Twombly Foundation’s $1.5 B. in Art and Assets

New research from the Aspen Institute’s Artist-Endowed Foundation Initiative (AEFI) reveals that artist-endowed foundations in the U.S. now control roughly $9 billion in assets, nearly triple the $3.5 billion reported in 2011 and up 17% from $7.7 billion in 2018. The Cy Twombly Foundation leads with $1.5 billion in art and assets, followed by foundations for Alexander Calder, Joan Mitchell, Helen Frankenthaler, and Robert Rauschenberg, each holding over $500 million. The data, drawn from public tax forms, shows that just five of roughly 500 foundations account for more than half the total, with most established by postwar American artists born before 1931.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 3, 2026 visibility 13 link 31 artists, 10 galleries

A $15M De Kooning Leads Lévy Gorvy Dayan’s New Auction-Style Sales Experiment

Lévy Gorvy Dayan is launching LGD Hammer, a new live-bidding platform that blends private sales with auction dynamics. The inaugural sale on May 16 will feature a 1984 Willem de Kooning painting estimated at $10–15 million, led by co-founder Brett Gorvy, a former auction veteran. The article also reports on gallery closures (Stephen Friedman Gallery, Galerie Philipp Zollinger, Astor Gallery), artist moves (Zoe Leonard to Maxwell Graham, Kehinde Wiley among creditors), and Sotheby’s upcoming single-owner sale of Joe Lewis’s collection expected to exceed $200 million.

newspaper Artnet News open_in_new Read original

trending_up market schedule Apr 30, 2026 visibility 24 link 6 artists, 6 galleries

Philadelphia Is Rich With Museums and Galleries. ‘Elsewhere’ Aims to Find Out If It Can Support an Art Fair

Philadelphia gallerist Megan Galardi is launching a new art fair called Elsewhere, set to debut June 4–6 at the Yowie Hotel on South Street. The fair will feature 27 exhibitors from cities including London, New York, and Philadelphia, with seven local dealers such as Fleisher/Ollman, Blah Blah Gallery, and Fjord. Galardi, who founded Blah Blah Gallery in 2023 and has participated in small New York fairs like Spring/Break and Future Fair, designed Elsewhere as a boutique, hotel-based event that offers a lower-cost, more intimate alternative to large-scale art fairs.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 1, 2026 visibility 10 link 4 artists, 1 gallery

Metropolitan Museum of Art Announces $23M. Gift from Top 200 Collectors Jennifer Rubio and Stewart Butterfield

Jennifer Rubio and Stewart Butterfield, both listed on ARTnews's Top 200 Collectors, have pledged $23 million to the Metropolitan Museum of Art. Rubio, founder of Away, and Butterfield, co-founder of Flickr and Slack, made the donation just two months after Rubio became a Met trustee. The gift will fund the museum's internship program, ensuring all undergraduate and graduate internships are fully paid positions, building on a previous $5 million gift from Adrienne Arsht.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 1, 2026 visibility 10 link 8 artists, 1 gallery

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.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Apr 29, 2026 source 2 sources visibility 10 link 3 artists, 3 galleries

Zurich’s Galerie Philipp Zollinger Closes After 7 years

Galerie Philipp Zollinger in Zurich is closing after seven years, as announced by founder Philipp Zollinger on Instagram. Citing continued global instability and a lack of conditions necessary to sustain the gallery, Zollinger explained that despite his willingness to invest further, the market no longer supports growth. The gallery focused on Swiss and Scandinavian artists working in three-dimensional media, along with artists from Southeast Asia and the United States. Its final exhibition, a dual presentation of Renée Levi and Theo Eble, closed on April 18 at Galerie Mueller in Basel. The closure follows a previous move from a nomadic operation to a physical space on Rämistrasse, which shut in fall 2025 due to an unstable art market and shifting collecting trends.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 1, 2026 visibility 9 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.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 5, 2026 visibility 3 link 5 artists, 1 gallery

Treasures From Matthew Perry’s Estate Head to Auction for a Good Cause

Heritage Auctions will sell a trove of artifacts from Matthew Perry's estate starting June 5, including scripts and memorabilia from the sitcom *Friends*, artworks by Banksy and Mel Bochner, and personal items like a 3D portrait of his invented superhero "Mattman." Proceeds benefit the Matthew Perry Foundation, a nonprofit focused on ending addiction stigma and expanding access to evidence-based care, founded after the actor's death in 2023.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 2, 2026 visibility 3 link 1 artist, 1 gallery

Lévy Gorvy Dayan Bets on Urgency With New LGD Hammer Sales Platform

Lévy Gorvy Dayan has launched LGD Hammer, a new sales platform that blends gallery exhibition with auction-style urgency. The first work offered is Willem de Kooning's *Milkmaid* (1984), estimated at $10–$15 million, which will be on view by appointment from May 2 until the sale on May 16. Gallery cofounder Dominique Lévy will serve as auctioneer, drawing on her Christie's experience, while bidding occurs by phone with online observation. Cofounder Brett Gorvy emphasized the platform is not a market overhaul but a response to slowed private sales and cautious collectors who still respond to competitive pressure.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 2, 2026 visibility 8 link 13 artists, 5 galleries

Dallas Museum of Art acquires six works at 2026 Dallas Art Fair

The Dallas Museum of Art acquired six works from the 2026 Dallas Art Fair, held April 16–19 at the Fashion Industry Gallery in the Dallas Arts District. The acquisitions, made possible by the Dallas Art Fair Foundation + Dallas Museum of Art Acquisition Fund, include pieces by Nicole Eisenman, Gloria Klein, Caroline Monnet, Hasani Sahlehe, and Raymond Saunders. Selections were made by DMA curators including Dr. Vivian Li, Ade Omotosho, Dr. Emily Friedman, Dr. Nicole R. Myers, and director Brian Ferriso. This marks the tenth year of the fund, which has added 78 works to the museum's permanent collection since 2016 through over $1 million in donations.

newspaper NBC 5 Dallas-Fort Worth open_in_new Read original

trending_up market schedule May 4, 2026 visibility 5 link 12 artists, 4 galleries

The Venice Biennale has long been a sales platform—now no one is pretending otherwise

The Venice Biennale, traditionally a government-subsidized non-commercial institution where sales were downplayed, is experiencing an unprecedented open embrace of commerce. For the first time, Christie's is hosting an invitation-only selling exhibition in Venice, offering works ranging from Old Masters like Lucas Cranach to Modern and contemporary giants such as Andy Warhol, Louise Bourgeois, and Mark Bradford, with prices from $500,000 to over $35 million. Dealers, auction houses, and private foundations are openly pricing and selling works to collectors, spurred partly by Italy's reduced 5% VAT rate on art imports, now Europe's lowest.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule May 5, 2026 visibility 2 link 5 artists, 13 galleries

Scaled back Art Dubai 2026 reveals wide impact of Iran war

Art Dubai 2026 has announced a significantly scaled-back edition for its 20th anniversary, now running from May 15 to 17 at Madinat Jumeirah with a VIP day on May 14. The fair will feature just 50 galleries—a 60% drop from pre-war expectations—and will be free for all visitors for the first time. Two-thirds of participants are Middle East-based, with all Indian galleries canceling due to safety concerns, shipping risks, and lack of insurance. A new “risk-sharing” model allows galleries to pay a percentage of sales capped at their booth fee, while half of withdrawn galleries’ fees are refunded and half credited toward 2027.

newspaper Arabian Gulf Business Insight | AGBI open_in_new Read original

trending_up market schedule May 2, 2026 visibility 6 link 7 artists, 2 galleries

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 May 5, 2026 visibility 2 link 2 artists, 2 galleries

A Landmark Benjamin Franklin Collection Is Hitting the Auction Block

A landmark collection of Benjamin Franklin memorabilia assembled by sports and entertainment mogul Jay Snider is heading to Sotheby’s New York on June 24. The collection includes over 150 items—books, broadsides, letters, and manuscripts—tracing Franklin’s career from printer to scientist to diplomat. Highlights include a 1758 letter to Joseph Galloway (estimated $70,000–$100,000), a 1778 letter from George Washington introducing the Marquis de Lafayette (which sold for over $1 million in January), and a bound volume of Franklin’s electrical experiments ($75,000–$125,000). The full catalogue is valued at $3 million to $4.5 million, and 40 artifacts will be displayed at the Library Company of Philadelphia from May 5 to 7.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 5, 2026 visibility 2 link 3 artists

Billionaire Collector Ken Griffin Buys Second Rare Constitution Printing

Billionaire collector Ken Griffin has quietly acquired a second rare first printing of the US Constitution, known as the Van Sinderen copy, through a private deal after it was pulled from a planned Sotheby’s auction in 2022. Griffin, who previously paid $43.2 million at Sotheby’s in 2021 for another copy, now holds the only two copies of the 1787 document still in private hands. The newly acquired document will go on public display starting May 27 at the South Street Seaport Museum in New York, headlining an exhibition titled “The Promise of Liberty” that includes other foundational texts.

newspaper ARTnews open_in_new Read original

trending_up market schedule Apr 30, 2026 visibility 7 link 1 gallery

Deux nouveaux tableaux français du XVIIIème siècle pour le Musée Fabre

The Musée Fabre in Montpellier has acquired two 18th-century French paintings at auctions held by Artcurial in September 2025. The first is an "Allégorie de la Poésie" (1774) by Élisabeth Louise Vigée Le Brun, purchased for €250,000 with support from the museum's corporate foundation and a special grant from the Fonds du patrimoine. The painting, which depicts the early struggles of the future portraitist, was previously owned by Henry and Catherine Robert and had been exhibited in a major retrospective at the Grand Palais a decade ago.

newspaper La Tribune de l Art open_in_new Read original

trending_up market schedule Apr 30, 2026 visibility 6

Millon relance Pierre Bergé & Associés

Millon has taken full control of Pierre Bergé & Associés, becoming its sole shareholder. The auction house, founded in 2002 and restructured two years ago by Alexandre Landre after judicial recovery, will now operate under Millon's financial, logistical, and commercial backing while retaining its Avenue Kléber address and operational team.

newspaper Le Journal des Arts open_in_new Read original