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kerry james marshall frieze london royal academy

Kerry James Marshall's paintings are being offered at Frieze London, with two major works on view at different galleries. Alexander Gray Associates presents Marshall's 1992 painting *A Woman with a Heart of Gold* for $2.9 million, a collage-like work that critiques racial fantasies in mass-market romance. David Zwirner shows the 1990 painting *A Little Romance* priced at $3.2 million, depicting a dreamy reclining figure. Meanwhile, the Royal Academy's exhibition “Kerry James Marshall: The Histories” has drawn enthusiastic repeat visits from dealers and auction-house figures, generating significant buzz during Frieze week.

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.

a tale of four cities

Artnet News and Morgan Stanley have released a report analyzing the global art auction market across four major cities—London, Paris, Hong Kong, and New York—over the period from 2013 to 2023. Total auction sales for the first half of 2024 fell to $5.05 billion, down from $7.17 billion in the same period of 2023. The report highlights a dramatic 49 percent decline in London's auction sales following the 2016 Brexit vote, while New York has maintained its dominant position, driven by blockbuster collections like those of Peggy and David Rockefeller and Paul G. Allen. Hong Kong saw growth until the Chinese property crisis in 2022, and Paris has gained ground post-Brexit, with sales up 30 percent over 2013.

ex christies chief jussi pylkkanen works trends watch auction season

Jussi Pylkkanen, former Christie's chairman, analyzes the upcoming New York 20th and 21st Century Art sales, noting a return to market confidence after strong European auctions in London and Paris aligned with Frieze and Art Basel Paris fairs. Christie's London posted its best October sales since 2018, Sotheby's had its most valuable Paris season, and a Picasso portrait sold for $37 million at Hôtel Drouot. The season shows a shift from speculative buying toward established artists like Bacon, Freud, Picasso, and Klimt, with 27 works valued over $10 million, led by Gustav Klimt's *Portrait of Elizabeth Lederer* from the Leonard Lauder collection, estimated to exceed $150 million at Sotheby's.

david hockneys ipad drawings sell for 8 3 m at sothebys london doubling sales high estimate

A group of 17 iPad drawings by David Hockney, titled 'The Arrival of Spring,' sold for a combined £6.2 million ($8.3 million) at Sotheby’s London on Friday, more than doubling their high estimate. Fifteen of the 17 works achieved record prices for the subject, with the top lot, 'The Arrival of Spring in Woldgate, East Yorkshire in 2011 – 19 February (2011),' selling for £762,000 ($1 million), breaking the artist's print record three times. The sale was a white-glove result, with 40 percent of the drawings going to American collectors and 65 percent bought online.

new york frieze auctions

Frieze New York kicked off at the Shed in Hudson Yards with a notable sale: Jeff Koons's Incredible Hulk sculpture (Tubas) purchased for around $3 million, signaling a reunion between the artist and Gagosian after his departure to Pace in 2021. Despite a cautious market amid President Trump's tariff uncertainties, dealers reported better-than-expected sales on VIP day, with a focus on affordable works in the $50,000-to-$200,000 range. However, challenges emerged including U.S. Customs delays affecting international shipments and tariff confusion that led some fashion designers to withdraw from the Esther II fair.

jean michel basquiat work phillips frieze week sales london

Phillips has announced the lineup for its October London sales during Frieze Week, headlined by Jean-Michel Basquiat's 1982 work on paper, *Untitled (Pestus)*, estimated at £3 million ($4 million). The 26-lot evening auction on October 16 also includes Andy Warhol's diamond dust portrait of Giorgio Armani (estimate £800,000), Banksy's *Kate Moss* (estimate £1 million), and works by Jadé Fadojutimi, Flora Yukhnovich, Damien Hirst, Anish Kapoor, Sasha Gordon, and Emma McIntyre. A day sale on October 18 features pieces by Keith Haring, Warhol, Basquiat, Anselm Kiefer, and Yoshitomo Nara.

10 most expensive women artists

A Frida Kahlo painting, *El Sueño (La Cama)* (1954), sold at Sotheby’s New York for $54.7 million, setting a new auction record for the most expensive artwork by a female artist. The article, using data from the Artnet Price Database, lists the ten most expensive women artists at auction, including Lee Krasner ($11.6 million for *The Eye is the First Circle*), Jenny Saville ($12.4 million for *Propped*), Marlene Dumas ($13.6 million for *Miss January*), and Agnes Martin ($18.7 million for *Grey Stone II*).

15 Outstanding Artworks from the May 2025 New York Art Fairs

Artsy's editorial team curated a selection of 15 outstanding artworks from the seven art fairs taking place in New York during May 2025, including TEFAF, NADA, Esther II, Future Fair, Independent, and 1:54. The article highlights specific works such as Brandon Morris's "Teapot (Desire for No Tomorrow)" at Esther II, and notes that the fairs range from blue-chip offerings at TEFAF to emerging art at NADA, all compressed into a single week.

jean michel basquaits 45 m crowns peso neto to headline sothebys fall auctions in new york

Sotheby's will offer Jean-Michel Basquiat's 1981 painting *Crowns (Peso Neto)* as the headline lot of its contemporary evening sale in New York this fall, carrying a high estimate of $45 million. The work, which has never been auctioned before, debuted at Basquiat's landmark 1982 solo show at Annina Nosei Gallery and later appeared at Documenta 7. It will be exhibited in London during Frieze Week, then in Paris coinciding with Art Basel Paris, before arriving at Sotheby's new Breuer Building headquarters in New York ahead of the November 8 sale.

bacon rodin works sothebys frieze week sale

Four works by Francis Bacon and Auguste Rodin will headline Sotheby’s Frieze Week contemporary evening auction in London on October 16. The lots include Bacon’s paintings *Portrait of a Dwarf* (estimated up to £9 million) and *Study for Self-Portrait* (up to £6 million), alongside Rodin’s final bronze iterations of *Pierre de Wissant* and *Jean de Fiennes* (each estimated at £600,000–£900,000). The works come from an important private collection, with the Bacons acquired directly from the artist and held for over 40 years, and the Rodins purchased from the Musée Rodin. Sotheby’s shared previously unpublished audio featuring art historian Eddy Batache, a close friend of Bacon, who noted that *Portrait of a Dwarf* is the only painting Bacon ever kept for himself.

‘Quality always rules’: VIP day sales at Frieze London 2025

Frieze London 2025 opened with VIP day sales reflecting a cautious but resilient market. Gallerists reported solid sales, including Michael Landy's 'Multi-Saint' (2013) sold to the Walker Art Gallery for €125,000, and blue-chip works at Frieze Masters such as René Magritte's 'Le domaine enchanté' (1953) for $1.6m and Gabriele Münter's 'The Blue Garden' (1909) for SFr2.4m ($3m). Dealers noted a shift from speculative frenzy to more considered buying, with collectors taking longer to decide but still investing in quality works. The fair saw strong attendance, including wealthy individuals who had left London due to UK tax changes returning to buy.

3 key insights from the art business conference new york

The sixth edition of the Art Business Conference took place in Midtown Manhattan on May 22, drawing over 200 art professionals including gallery staff, auction-house specialists, and lawyers. Chaired by former Artnet executive editor Julia Halperin and founded by Louise Hamlin, the event featured keynotes and panels addressing the state of the art market, legal challenges, and the impact of tariffs. Christie’s CEO Bonnie Brennan reported a $700 million haul from recent auctions, noting a thin top end but strong activity for female Surrealists and Simone Leigh sculptures. Advisors Megan Fox Kelly and Alex Glauber described the market as 'recalibrating' rather than in crisis, with buyers showing increased selectivity.

London 20th/21st Century Frieze Week sales achieve a running total of £141.8m / $189.7m / €162.75m

Christie’s 20th/21st Century: London Evening Sale during Frieze Week 2025 achieved £106.9 million, up 30% year-on-year, with a 90% sell-through rate by value. The top lot was Peter Doig’s *Ski Jacket* (1994), sold for £14.27 million after intense bidding, part of the Ole Faarup Collection, which raised £27.3 million total for the Ole Faarup Art Foundation. Other notable sales included works by Lucian Freud, Paula Rego, Gerhard Richter, Pablo Picasso, and Suzanne Valadon, with more than half of all lots selling above high estimate.

Everyone’s a winner, baby: prizes abound during Frieze London

During Frieze London, multiple acquisition prizes and awards were announced, including the Tate Frieze Fund (supported by a private patron) which purchased works by Lubna Chowdhary and Barbara Walker for £150,000. The inaugural Nicoletta Fiorucci Foundation Prize was awarded to Alex Margo Arden, while the Arts Council Frieze Acquisitions Fund grew to £90,000, acquiring works by Sarah Ball, Olu Ogunnnaike, Vanessa Raw, and Liorah Tchiprout. Other acquisitions included works by Michael Landy and Shaquelle Whyte for the Walker Art Gallery, and the Camden Art Centre Emerging Artist Prize went to Bogdan Ablozhnyy. Offsite, the Circa 2025 prize was won by Adham Faramawy for a film addressing the migration crisis.

AIG × The Value Quarterly Special: Expert insights from New York’s November auction week

The article, published by TheValue.com in partnership with AIG, provides expert analysis and insights from New York’s November auction week. It covers key sales, market trends, and notable results from major auction houses including Christie's, Sotheby's, and Phillips, with commentary from specialists and market observers.

Christie's presents its 20/21 Marquee Week - Christie's

Christie's will host its 20/21 Marquee Week in London from October 8, 2025, featuring six live and online sales of Impressionist, Modern, Post-War, and Contemporary art during Frieze Week. Highlights include works by Lucian Freud, Peter Doig, Paula Rego, Yoshitomo Nara, Claude Monet, Paul Cezanne, Louise Bourgeois, Chris Ofili, Paul Signac, Gerhard Richter, and Pablo Picasso, along with the Ole Faarup Collection. The event also includes a philanthropic initiative called Architects for the Birds, with birdhouses designed by architects including Norman Foster, Renzo Piano, and David Chipperfield, benefiting the Tessa Jowell Foundation; an exhibition of wearable sculptures and an installation by artist Natasha Wightman; and a continued partnership with the 1-54 Contemporary African Art Fair.

Embracing independence: meet the artists giving galleries a swerve

A growing number of artists are bypassing traditional galleries to sell their work directly to collectors, a trend that echoes pre-19th-century practices when artists like Michelangelo and Rembrandt dealt directly with patrons. High-profile examples include Damien Hirst's 2008 Sotheby's auction that raised £111.4m without dealer commissions, Banksy's Pest Control system, and Marina Abramović's independent collaborations during Frieze Week and at Glastonbury. Emerging and mid-tier artists, such as Bristol-based Matthew Callaby, are also selling via Instagram and organizing their own pop-up shows, often keeping more profit than the typical 50% gallery commission.

Art trade stays buoyant amid global turmoil

Major London auction houses Sotheby's and Christie's posted strong results in early March, with their Modern and contemporary art evening sales raising £131m and £197m respectively. These figures represented significant increases over the previous year, with high sell-through rates, despite concurrent geopolitical turmoil in the Middle East. Key lots included Francis Bacon's 'Self Portrait' selling for £16m and Henry Moore's 'King and Queen' achieving a record £26.3m.

phillips london evening sale frieze results

Phillips’s Frieze Week evening sale in London totaled £10.33 million ($13.88 million) across 22 lots, a 32% decline from last year’s £15.1 million on 31 lots. The sale was 82% sold by lot and 84% by value. Highlights included a new world auction record for Emma McIntyre, whose painting *Seven Types of Ambiguity* (2021) sold for £167,700, and strong results for Martha Jungwirth and Flora Yukhnovich. However, major lots by Banksy, Andy Warhol, and Jean-Michel Basquiat underperformed or failed to sell, and four lots went unsold, including works by Andreas Gursky and Sigmar Polke.

Buzz in New York’s art trade during Frieze week masks uncertainties

During New York's Frieze week, over a dozen art fairs opened in four days, creating a bustling atmosphere that masked underlying economic and political uncertainties. Dealers and advisers reported strong preview-day attendance and a palpable energy, with some noting that the crowded calendar and a recent US-UK trade deal helped buoy spirits. However, the art market has not returned to its 2022 peak, with auction estimates down $250 million from 2024 and high interest rates still deterring average collectors.

‘Sometimes you just have to go for it’: as others close, Ben Hunter expands his London gallery

London art dealer Ben Hunter is bucking the trend of gallery closures by expanding his gallery into a full townhouse at 44 Duke Street in St James’s, set to open this October. Hunter, who previously worked for Old Master dealer Derek Johns and sculpture specialist Robert Bowman, founded his gallery in 2018 and has gradually taken over more space in the building as other tenants left. The historic townhouse was originally where Jay Jopling launched White Cube in 1993. Hunter cites the need to match the ambition of his artists and seize opportunities as key reasons for the expansion, despite the challenging market.

Sotheby’s London Notches $63.3 Million Contemporary Sale, as Francis Bacon Portrait Soars

Sotheby's London held a contemporary evening sale on Thursday, totaling £47.6 million ($63.3 million), a significant increase from the £37.6 million ($49.2 million) achieved in the same Frieze-timed sale last year. The auction featured 27 lots, with a sell-through rate of 89%, and was led by Francis Bacon's *Portrait of a Dwarf* (1975), which sold for £13 million ($17.5 million), well above its high estimate. Tom Eddison, Sotheby's co-head of contemporary art, took the rostrum for his first marquee evening auction, guiding measured bidding that saw confident competition, including a cross-Channel contest for the top lot, ultimately won by Johan Nauckhoff for a client.