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Artnet Pro's 'The Asia Pivot' newsletter previews the 2026 Asian art market, highlighting a hopeful recovery after signs of improvement in late 2025. Key events include Art SG in Singapore (hosting S.E.A. Focus for the first time), the inaugural Art Basel Qatar in February, and Art Basel Hong Kong in March. Auction houses will align spring sales with these fairs. The article also notes regional shifts: South Korea's Art Asia partners with KINTEX for a new fair in India, Hong Kong's Kwai Fung Hin opens in Singapore, and Shanghai's Antenna Space expands to Hong Kong. Japan's Prime Minister Sanae Takaichi meets with artist Takashi Murakami to promote culture abroad, while geopolitical tensions with China threaten cultural exchanges.

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Yu Nishimura, a Japanese painter born in 1982, is experiencing a rapid rise in the art world, marked by major gallery shows in New York and Paris in 2025, a record auction price of $711,200 for his work "thicket" (2020) at Sotheby's, and an upcoming institutional exhibition at Lafayette Anticipations Foundation in Paris in 2026. His paintings, which blend landscape, still life, and figuration with layered washes and melancholic tension, have attracted representation from David Zwirner, Sadie Coles HQ, and Galerie Crèvecoeur, with collectors and institutions increasingly drawn to his quiet, introspective style.

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Art Basel 2025 in Switzerland, now in its 55th edition, opened with 289 exhibitors amid a soft and unpredictable art market. Major sales included a Ruth Asawa sculpture for $9.5 million at David Zwirner, a Gerhard Richter painting for $6.8 million, and a Keith Haring from 1983 for $3.5 million at Gladstone. The top reported sale was David Hockney's 'Mid November Tunnel' (2006) for $13-17 million at Annely Juda Fine Art. Hauser & Wirth headlined with a moody Mark Rothko from the early 1960s, while galleries adopted strategies of offering wide price ranges and diverse styles to hedge against market uncertainty.

Brooklyn Museum Treasures, History-Making Guitars—and More Collectibles to Watch

The Brooklyn Museum is deaccessioning approximately 200 objects from its collection, including American furniture, artworks, and textiles, through a sale hosted by Brunk Auctions on April 9. Highlights include a rare circa 1690 walnut dressing table, estimated at $80,000–$120,000, and a late 17th-century oak cupboard. The museum states the sale is part of an ongoing effort to convert storage spaces into galleries and that proceeds will fund collection care and new acquisitions.

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Sotheby's underperformed with the highly anticipated Saunders Collection of Old Masters, which was estimated at $80–120 million but sold for only $65.4 million, falling $14.6 million short of its low estimate. The sell-through rate was a dismal 58%, with 16 of 43 lots failing to sell in the standalone auction. Christie's also saw disappointing results, with a smaller sale totaling $6.89 million, 17% below its low target. The collection, amassed by the late banker Thomas A. Saunders III and his wife Jordan, was billed as the most valuable Old Masters collection ever to come to auction.

The extraordinary boom in modern Indian art

Despite a general art market downturn, modern Indian art auctions have seen extraordinary demand. Over the past two weeks, sales at Christie’s in New York, Saffron Art in New Delhi, Pundole’s in Mumbai, and Sotheby’s in London all sold out. Sotheby’s London sale raised £19 million, more than five times its estimate, led by record-breaking works from Francis Newton Souza, including *Houses in Hampstead* (1962) sold for £5.6 million and *Emperor* (1957) sold for £5.2 million. The article traces Souza’s rebellious career, from his expulsion from school in Mumbai for pornographic graffiti, to his founding role in the Progressive Artists’ Group, his struggles in England and the US, and his eventual death in 2002 with little recognition.

Artemisia Gentileschi Masterpiece Goes to Auction—Without Its Face

The Dorotheum auction house in Vienna is set to auction a rare, autograph replica of Artemisia Gentileschi’s 'St. Mary Magdalen' (c. 1620) that is missing its central focus: the saint's face. Discovered in a private German cellar in 2011 and likely mutilated during the looting of postwar Berlin, the fragment has been authenticated by experts Roberto Contini and Riccardo Lattuada. Despite the missing section, infrared analysis confirms Gentileschi’s hand, and the work is estimated to fetch between $120,000 and $170,000.

A Chunk of Eiffel Tower’s Spiral Staircase Returns to Auction After 40 Years

A significant 8.5-foot segment of the Eiffel Tower's original 19th-century spiral staircase will be auctioned by Artcurial on May 21. This piece, removed during a 1983 renovation and one of only 24 sections created, has remained in private French hands since its initial sale that same year and is expected to fetch between €40,000 and €50,000.

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A previously unknown Renaissance portrait attributed to Hans Baldung Grien, executed in silverpoint in 1517 and depicting Susanna Pfeffinger, is expected to sell for up to $3.5 million at a Paris auction on March 23. The drawing, which measures just four by six inches, has remained in the Pfeffinger family for 500 years and was only recently discovered by Old Master drawings expert Patrick de Bayser. It is being offered by French auction house Beaussant Lefèvre and Associés and Paris gallery Cabinet de Bayser at Hôtel Drouot.

A Jean-Michel Basquiat Rarity And Banksy's Spray-Painted Flag Head To Frieze London 2025

Frieze London 2025 returns for its 23rd edition from October 15-19 in Regent's Park, featuring over 280 international galleries. Major auction houses are staging blockbuster sales during the week, including Sotheby's evening and day sales in partnership with Celine, Christie's 20th/21st Century Evening Sale and a trilogy of drawings from the Klaus Hegeswich collection, and Phillips' Modern & Contemporary sales. Highlights include a Jean-Michel Basquiat rarity, Banksy's spray-painted flag, a Francis Bacon portrait, a Picasso etching, and a Lucian Freud self-portrait estimated at up to $16 million.

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The Raab Collection has listed a rare, enigmatic manuscript fragment by George Washington for $10,000, featuring the unique phrase "Fathers of the Senate!" The snippet was likely excised from a larger document in the 19th century by biographer Jared Sparks to satisfy autograph seekers. This sale joins a wave of high-value Americana hitting the market, including Jack Kerouac’s original 'On the Road' scroll at Christie's and a collection of vintage film posters at Propstore.

Christie's to sell three early paintings by Lucian Freud for £20m

Christie's will offer three early paintings by Lucian Freud from a single private collection at its London evening sale on 15 October, with a combined estimate of £13m to £20m. The works span three decades of Freud's career: *Woman with a Tulip* (1944, est. £3m-£5m), *Self-portrait Fragment* (around 1956, est. £8m-£12m), and *Sleeping Head* (1961–71, est. £2m-£3m). All three have been in the same collection for many years and have been exhibited widely, including in major retrospectives at the National Gallery, London, and the Kunsthistorisches Museum, Vienna.

Backed by an Expanding Collector Base, Old Masters Make a Quiet Comeback

Christie's London Classic Week generated a combined total of £60,844,240 ($83,660,830) between its Old Masters Evening Sale and The Exceptional Sale, led by a record-setting £31.9 million sale of a Canaletto masterpiece. The painting, once part of Sir Robert Walpole's collection, attracted five bidders from Asia, Europe, and North America. Sotheby's also saw strong results, with the two houses together achieving £58 million (excluding buyer's premium) in Old Masters evening auctions, a notable increase from 2024. Other highlights included Titian's Portrait of a nobleman, seated before a window selling for £3,428,000 and Jan Davidsz de Heem's still life achieving £3,670,000.

A Faceless Mary Magdalene by Artemisia Gentileschi Goes to Auction

Va in asta una Maria Maddalena di Artemisia Gentileschi senza volto

The Viennese auction house Dorotheum has announced the sale of a rare, fragmented painting of Mary Magdalene by the Baroque master Artemisia Gentileschi. Dating from the artist's influential Florentine period (1615–1618), this autograph version of a work held in Palazzo Pitti is notably missing its central element: the head and shoulders of the saint have been physically cut from the canvas. Despite this dramatic mutilation, which experts speculate may have occurred in post-war Berlin, the work is estimated to fetch between €100,000 and €150,000 at the Old Masters auction on April 28, 2026.

A New Antonello da Messina Discovered. It Will Go to Auction in June: Could Sicily Step Forward to Buy It This Time?

Scoperto un nuovo Antonello da Messina. Andrà in asta a giugno: stavolta potrebbe farsi avanti la Sicilia per l’acquisto?

A newly discovered small wooden panel painting, depicting the face of a young beardless saint, has been attributed to the Renaissance master Antonello da Messina. The work, a fragment of a lost composition, will be auctioned on June 16 by Parisian auction house Ader alongside a signed early work by Peter Paul Rubens. Both come from an anonymous collector who purchased them in France decades ago.

Thinking bigger: gallery stalwarts Sadie Coles, Maureen Paley and Stuart Shave on why they're expanding to new London spaces

Three of London's major gallerists—Maureen Paley, Sadie Coles, and Stuart Shave—are opening substantial new spaces in the capital, defying pessimism about the London art market. Paley has moved into part of Wolfgang Tillmans's former studio at 4 Herald Street, Coles will occupy a townhouse at 17 Savile Row from 14 October, and Shave's Modern Art will open a double shopfront at 8 Bennet Street, St James's, from 14 November. In an interview with The Art Newspaper, they discuss their motivations: Paley cites serendipity and historical significance, Coles sought a different kind of space for her artists, and Shave needed consolidation under one roof after years of fragmentation.

One of the Art Market’s Biggest Secrets, Revealed

Global auction totals saw a significant rebound in 2025, rising 13.3 percent compared to the previous year after a prolonged period of decline. The latest Artnet Intelligence Report highlights this recovery while shifting focus toward the increasingly influential world of private auctions, where high-value masterpieces are traded in invitation-only, clandestine settings away from the public eye.

A Piece of the Eiffel Tower Is Heading to Auction

A historic section of the original Eiffel Tower staircase is set to be auctioned by Artcurial in Paris on May 21. The nearly nine-foot-tall segment consists of 14 spiral steps that once connected the monument's second and third levels before being dismantled in 1983 to make way for elevators. Estimated to fetch between $140,000 and $175,000, the piece has been held in a private collection for over forty years.

Paris gallery directors join forces to launch ‘open-ended’ advisory

Two Paris-based art dealers, Samy Ghiyati and Nicolas Nahab, have launched NG, a new multi-pronged art advisory business. The venture combines traditional advisory services with a roving exhibition programme, collection management, and foundation management. Nahab previously led Mendes Wood DM’s Paris gallery and worked at Marian Goodman and Yvon Lambert; Ghiyati was a director at David Zwirner’s Paris gallery after a stint at Kamel Mennour. Their first public project will be a selling exhibition of videos by Meriem Bennani in Essaouira, Morocco, opening in December.

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A new digital platform called the Art Marketplace, founded in mid-2025 by Elliot Safra and a group of partners, aims to streamline private art sales by addressing common frustrations in the secondary market. Unlike traditional auction houses or gallery sales, the platform lists artworks without images, revealing only key details like artist name, description, price, and last update. Requests for images or condition reports are vetted to ensure qualified interest, prioritizing confidentiality and avoiding public exposure that could harm a work's market value. Sellers can list works in minutes, bypassing intermediaries like advisors or dealers, while buyers gain access to previously obscure off-market inventory.

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A group of high-profile art market veterans—Ed Dolman, Alex Dolman, Brett Gorvy, Philip Hoffman, and Patti Wong—have launched a new collaborative consultancy called New Perspectives Art Partners (NPAP). Unlike traditional advisory firms, NPAP operates on a flexible, project-based model where partners retain their existing roles and assemble only for high-level, specialized challenges. The consultancy aims to advise collectors, fiduciaries, and family offices on managing, growing, or dispersing significant collections, leveraging the partners' deep experience across auction houses, galleries, institutions, and advisory, with a global footprint spanning Hong Kong to Doha.

Is the art world’s big summer break a thing of the past?

As the art market continues to experience softer demand for a third summer, galleries in the US and the Americas are rethinking the traditional August break. Dealers like Wendi Norris (San Francisco), Omayra Alvarado-Jensen (Instituto de Visión, Bogotá and Manhattan), Pali Kashi (Europa, New York), and Davida Nemeroff (Night Gallery, Los Angeles) describe varied approaches: some remain open to meet traveling collectors, others close for weeks to regroup, and many launch offsite pop-ups to maintain momentum. There is no industry consensus, with decisions shaped by geography, cultural heritage, and collector migration patterns.

Shaohua Nong | Shaohua Nong Animal Original Oil On Canvas "Twain II… (2015) | For Sale

Chinese artist Shaohua Nong (b. 1960, Linfen, Shanxi) is offering an original oil on canvas titled "Twain II" (2015) for sale at US$1,300 through the gallery Sojourner in New York. The 25 × 37 inch painting is hand-signed, includes a certificate of authenticity, and is listed on Artsy with a money-back and authenticity guarantee. Nong, a member of the Shanxi Branch of Chinese Artists Association, has exhibited widely in China and internationally, including at Hong Kong ART CENTRAL Art Fair, Shangshang Art Museum in Beijing, and the Nanjing International Art Exhibition.

A quartet of key art market players join forces to form ‘super group’ consultancy

Four prominent art market figures—Ed Dolman, Brett Gorvy, Patti Wong, and Phillip Hoffman—have launched a new consultancy called New Perspectives Art Partners. The group, which also includes Dolman's son Alex, aims to provide a white-glove, case-by-case service for top-tier clients, covering buying and selling art, estate management, financing, and insurance. Each member brings specialized expertise and geographic reach across Europe, America, the Middle East, and Asia, and they will maintain their existing roles in their own businesses.