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.

christies takes 690 m at fall curtain raiser art basel hong kong announces 2026 details and more morning links for november 18 2025 1234762067

Christie’s opened New York’s fall marquee auctions with a $690 million evening sale across 79 lots, surpassing the pre-sale low estimate of $534.7 million. The doubleheader included the Robert and Patricia Ross Weis collection, featuring works by Picasso, Matisse, Mondrian, and Rothko, followed by a 20th-century sale. The auction achieved a 97% sell-through rate by value and a 96% by lot, marking a 41% increase from May’s auctions. Separately, Sperone Westwater gallery announced it will close after 50 years, and Art Basel Hong Kong revealed details for its 2026 edition featuring 240 galleries.

artist estates 2723252

The article examines the growing role of artist estates in the art market, particularly for smaller and emerging galleries. While mega-galleries like Hauser & Wirth have long profited from managing blue-chip estates, a new wave of smaller galleries is now turning to overlooked and under-researched artists who died without established legacies. These galleries invest in building archives, cultivating institutional relationships, and reintroducing artists to contemporary audiences, often at more accessible price points with significant room for growth. Examples include Gunia Nowik Gallery working with the estate of Polish artist Krzysztof Jung and Gianni Manhattan representing Estonian sculptor Anu Põder.

Gallery Not Paying? Call Kenny Schachter’s Kollection Agency. He Gets Results!

Art world provocateur Kenny Schachter addresses the current climate of anxiety within the industry, touching on everything from the existential threats of advanced AI tools like Anthropic’s Mythos to the 'doomster' narratives of market analysts. Amidst reports of dwindling demand and galleries struggling with non-paying clients, Schachter highlights the enduring value of historical works, such as a 1799 Goya etching, while dismissing claims that screens are replacing physical art in the home.

Which Artists Are Insiders Searching For? After 10 Years, Not Much Has Changed

Artnet's Price Database analysis reveals that the most-searched artists by its users have remained remarkably consistent over the past decade. Pablo Picasso, Andy Warhol, and Marc Chagall continue to hold the top three positions, with David Hockney and Yayoi Kusama joining the list, while Salvador Dalí and Lucio Fontana have dropped off.

records fall during 706 million night at sothebys turbocharged by blue chip lauder trove 2714943

Sotheby's achieved a record-breaking $706 million auction night at its new global headquarters in the Breuer Building, New York, the highest total in the auction house's 281-year history. The sale was propelled by the collection of late art patron Leonard A. Lauder, whose 24 pieces sold for $527.5 million, led by Gustav Klimt's *Portrait of Elisabeth Lederer* (1914–16) which fetched $236.4 million, becoming the second-priciest artwork ever sold at auction. A subsequent contemporary and ultra-contemporary art sale added $178.5 million.

sothebys will sell the 500 million collection of the late art patron emily fisher landau the markets most coveted consignment this fall 2361799

Sotheby's has won the consignment of the late Emily Fisher Landau's art collection, valued at approximately $500 million, making it the most anticipated single-collector sale of the fall auction season in New York this November. The star lot is Pablo Picasso's 1932 portrait "Femme à la montre (Woman With a Watch)," estimated to fetch over $120 million, alongside major works by Mark Rothko, Ed Ruscha, Jasper Johns, and Andy Warhol.

Charge of the Indian art brigade

At a Christie’s auction in New York’s Rockefeller Center, an untitled work (Gram Yatra) by MF Husain sold for over Rs 118.7 crore ($13.8 million), becoming the most expensive modern Indian painting ever sold. The buyer is reportedly collector and philanthropist Kiran Nadar. Other record-tying sales include Amrita Sher-Gil’s The Story Teller and Tyeb Mehta’s Trussed Bull, each fetching Rs 61.8 crore at SaffronArt auctions, while a Jagdish Swaminathan painting exceeded estimates at Sotheby’s. These results come amid a 19% rise in the top 50 Indian artists’ sales to $36.2 million, per the 2024 Hurun India Art List.

20th and 21st Century auctions in New York total $965 million

Christie’s New York concluded its 20th and 21st Century Art sales week on November 21, 2025, generating a total of $964.5 million, the auction house’s highest in three years. The sales included the Collection of Robert F. and Patricia G. Ross Weis, which alone brought in $218 million, led by Mark Rothko’s *No. 31 (Yellow Stripe)* at $62.1 million. Other top lots included works by Claude Monet, Pablo Picasso, and David Hockney, each exceeding $40 million. Fifteen artist records were broken, including for Beauford Delaney, Leonor Fini, Firelei Báez, and Olga de Amaral. Bidding was active across all platforms, with the highest online bid ever placed at a live Christie’s auction.

art market minute jan 26 2740131

The article reports on a growing trend in the art world called a 'strategic pause,' where galleries and art fairs are temporarily suspending operations to reassess their futures. Vienna's Spark Art Fair announced a hiatus, Berlin dealer Mehdi Choukri is pausing exhibitions at his 30-year-old gallery, and the Art Dealers Association of America's Art Show skipped a year to 'reimagine' its direction. Additionally, the Metropolitan Opera in New York is considering selling its iconic Marc Chagall murals, and a fresh-to-market Magritte painting is heading to Christie's London.

Pablo Picasso | AR310 Mask (1956) | For Sale

This article presents a Pablo Picasso ceramic mask, AR310 Mask (1956), available for sale through Leona Craig Art in Hong Kong for US$21,000. The work is an edition of 300, made from A.R. white clay with engobes and oxidized paraffin decoration. The provenance describes how Picasso first visited Vallauris in 1946 after a Paris exhibition, was inspired by ceramicist Suzanne Hammier, and later returned with Matisse and Chagall to see his fired pieces, eventually staying for nearly thirty years.

clara peeters only self portrait comes to auction 2649481

Sotheby’s London will auction what is believed to be the only known self-portrait by Clara Peeters, a pioneering Flemish still life painter from the early 17th century. The painting, a vanitas still life featuring a presumed self-portrait and a still life of flowers in a glass vase, carries a presale estimate of £1.2 million to £1.8 million ($1.6 million–$2.4 million) and will be offered in the “Old Master and 19th Century Paintings Evening Auction” on July 2. The work was previously downgraded to the artist’s circle but is now accepted as an autograph Peeters, with a provenance dating back to 1767.

Sotheby’s Paris Notches a $41 M. Modern and Contemporary Sale, Led by a $12 M. Monet Unseen for a Century

Sotheby’s Paris achieved a landmark result for its modern and contemporary art sale, totaling €35 million ($41 million) and surpassing its high estimate. The auction was headlined by two Claude Monet paintings that had been hidden from public view for roughly a century, including 'Vétheuil, effet du matin' (1901), which sold for €10.2 million ($12.1 million), setting a record for the artist at auction in France.

sothebys modern contemporary art singapore pacita abad 1234771232

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.

christies marquee fall 20th century evening sale report 1234762038

Christie’s fall marquee 20th-century evening sales on Monday night generated a combined $690 million across two auctions, far exceeding the pre-sale low estimate of $534.7 million. The first sale featured 18 lots from the collection of the late Robert and Patricia Ross Weis, including works by Picasso, Matisse, Mondrian, and Rothko, while the second 62-lot sale included pieces by Calder, Hockney, Chagall, and Giacometti. Bidding wars drove 16 lots to sell at or above their high estimates, with adviser Ralph DeLuca winning several high-profile battles, including a Matisse painting for $32.3 million and a Max Ernst sculpture for $20.2 million. The sell-through rate was 97% by value and 96% by lot, with only one withdrawn lot and three unsold works.

christies kawamura memorial dic museum art monet renoir 1234752753

Christie’s has been consigned to sell works from the collection of the Kawamura Memorial DIC Museum of Art, including pieces by Claude Monet, Pierre-Auguste Renoir, Marc Chagall, Henri Matisse, and Henry Moore, as part of its fall marquee auctions. A top highlight is Monet’s oil painting *Nymphéas* (1907) with a low estimate of $40 million. The museum, located in Sakura, Japan, and owned by the DIC Corporation, decided last December to downsize and relocate, selling 75 percent of its 384 artworks valued at $77.5 million. The sale includes eight works in Christie’s 20th Century Evening Sale in November, with additional pieces in day sales for Impressionist and Modern Art as well as Post-War and Contemporary Art.

art auction new york record breaking

Gustav Klimt's *Portrait of Elisabeth Lederer* (1914-16) sold for $236.4 million at Sotheby's on November 18, becoming the second-most expensive painting ever sold at auction and the most expensive work ever sold by the house. The sale was part of New York's marquee November auctions, which generated over $2 billion in a single week—more than 50 percent above last year's total—driven by high-profile estates including that of cosmetics heir Leonard A. Lauder. Other notable sales included Mark Rothko's *No. 31 (Yellow Stripe)* for $62.2 million at Christie's, Marc Chagall's *Le songe du Roi David* for $26.5 million, and Frida Kahlo's *El sueño (La cama)* for $55 million, setting a new record for the artist and the highest sum for a work by a female artist at auction. Phillips also sold a juvenile Triceratops skeleton named CERA for $5.4 million.

christies hauls in 690 million at robust 20th century art sale led by 62 million rothko 2714467

Christie’s kicked off the fall auction season in New York with a two-part 20th-century art sale that brought in approximately $690 million, led by Mark Rothko’s *No. 31 Yellow Stripe (1958)*, which sold for $62.2 million. The evening featured 18 works from the collection of Robert F. and Patricia G. Ross Weis, totaling $218 million, followed by a 61-lot main sale that realized $471.7 million. Other top lots included Claude Monet’s *Nymphéas (1907)* at $45.4 million and a new auction record for Beauford Delaney’s *The Sage Black (1967)* at $1.5 million.

10 artworks perfect valentines day art 2070771

Artnet News has curated a list of 10 artworks available through its Gallery Network as Valentine's Day gift suggestions. The featured works include pieces by artists such as Damien Hirst, Marc Chagall, Man Ray, and Emilie Charmy, with prices available upon inquiry. The selection ranges from contemporary works like Hirst's 'Butterfly Heart' (2020) to historical pieces like Chagall's 'The Adolescents' (1975), all presented as alternatives to traditional Valentine's gifts like roses or chocolates.

Sotheby's auction: Modern & contemporary art

Sotheby’s is holding its Modern and Contemporary Art auction during Singapore Art Week, featuring rare works that have not been publicly available for decades. Highlights include Walter Spies’s *Die Schlittschuhlaufer (The Ice Skaters)*, estimated at $980,000–$1.8 million, and Raden Saleh’s *The Eruption of Mount Merapi, by day*, appearing at auction for the first time after being held in a private European collection for over a century. Other notable lots include works by Pacita Abad, Marc Chagall, Zao Wou-ki, Mai Trung Thu, and David Hockney. Public exhibition runs January 22–25 at The Singapore Edition, with the live auction on January 25.

christina zimpel lincoln center editions 2745481

Artist Christina Zimpel has released a new limited-edition print titled CLAP (2025) through a collaboration between Artspace and Lincoln Center Editions. The work, an edition of 36 with unique hand-embellishments in gouache, features a female figure clapping against a vibrant pink field, exploring themes of gesture, sound, and individuality.

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Max Liebermann's painting *Two Riders on a Beach* (1901), recently restituted to the Rosenburg family from the Cornelius Gurlitt hoard, will be auctioned at Sotheby's in London on June 24, with an estimated price of up to £500,000 ($850,000). The work is one of the first two artworks returned from the trove discovered in Gurlitt's Munich apartment in 2012; the other, Henri Matisse's *Woman with a Fan* (1932), was also handed back to the Rosenburg family last week.

Marc Chagall | Sujet Biblique (1956) | For Sale

A limited-edition lithograph by Marc Chagall, titled *Sujet Biblique* (1956), is being offered for sale through Palm Beach Modern Auctions. The work is signed, bears a blind stamp, and is edition 2/15. It was originally published by Antoine Teriade in Paris for the Verve Vol. III art review, and its provenance includes a previous sale at Phi Auctions in 2021–2022. The lot is listed with a buyer's premium of 28% and is sold "AS IS" under the auction house's standard terms.

Monet auction drives Sotheby’s Paris sale to 35 million euros

Sotheby's Paris sale on April 16, 2026, achieved a total of 35 million euros, an 84% increase over the previous year's equivalent auction. The event was dominated by two rediscovered Claude Monet paintings, with 'Vétheuil, effet du matin' setting a new auction record for the artist in France at 10.2 million euros. Strong results were also posted for works by Marc Chagall, Lucio Fontana, and Gerhard Richter, with 62.5% of lots selling above their high estimates.

Yoshitomo Nara Painting Fetches 15 Billion Won, Sets Record for Korean Auction

Yoshitomo Nara’s painting "Nothing about it" has set a new record for the highest price ever achieved at a Korean art auction, selling for 15 billion won ($11 million) at Seoul Auction’s Gangnam Center. The sale significantly surpassed the previous record of 9.4 billion won held by Marc Chagall’s "Bouquet de Fleurs." The auction also saw a major result for Yayoi Kusama, whose "Pumpkin" painting fetched 10.45 billion won, marking the second-highest price in Korean auction history.

Yoshitomo Nara's Work Sets Record for Highest Price in Domestic Korean Art Auction History

The work of artist Yoshitomo Nara, who represents Japanese contemporary art, has been sold at the hi..

Yoshitomo Nara’s 2016 painting "Nothing About It" has set a new record for the highest price ever achieved at a domestic South Korean art auction. Sold by Seoul Auction for 15 billion won (approximately $11 million), the work features the artist's signature wide-eyed child and surpassed its low estimate of 14.7 billion won. The same sale also saw Yayoi Kusama’s 2015 "Pumpkin" fetch 10.45 billion won, marking a historic session where multiple works exceeded the 10 billion won threshold.

Nara's Painting Challenges Korean Auction Record

Nara's Painting Challenges Korean Auction Record

Japanese pop art sensation Yoshitomo Nara is poised to shatter the record for the most expensive artwork ever sold at a South Korean auction. His 2016 painting 'Nothing about it,' featuring his signature wide-eyed girl, carries a pre-sale estimate of 14.7 billion to 22 billion Korean won ($11M–$16.5M USD). The work will headline Seoul Auction’s 'Contemporary Art Sale' on March 31, alongside major pieces by Yayoi Kusama and Roy Lichtenstein.

Estimated at 15 Billion Won: Will It Rewrite the Record for Korea’s Art Auctions?

Seoul Auction is set to host its March Contemporary Art Sale, featuring Yoshitomo Nara’s 2016 painting "Nothing about it" as the centerpiece. With a low estimate of 14.7 billion won ($11 million), the work is poised to potentially shatter the record for the highest price ever achieved at an art auction in South Korea. The sale also includes high-value works by Yayoi Kusama and Roy Lichtenstein, with a total pre-sale estimate reaching up to 75 billion won.

Booming stock market is fueling a mega-billion return to classic art and a backlash to junk

A booming stock market and increased disposable income among the ultra-wealthy have fueled a $2.2 billion fall auction season in New York, led by Gustav Klimt's "Portrait of Elisabeth Lederer," which sold for $236.4 million at Sotheby's. Other major sales include Frida Kahlo's "El sueño (la cama)" setting a record for a female artist at $55 million, and Mark Rothko's "No. 31 Yellow Stripe" fetching $62 million at Christie's. The surge is attributed to a convergence of high-quality estates coming to market—including those of Leonard Lauder, Robert and Patricia Ross Weis, and Jay and Cindy Pritzker—and renewed confidence among wealthy buyers after a stagnant period for art prices.

Kim Whan-Ki's 19-VI-71 #206 to be Auctioned at Christie's New York 20th Century Evening Sale - Christie's

Christie's New York will auction Kim Whan-Ki's 1971 painting *19-VI-71 #206* (estimate $7.5–10 million) on 17 November 2025 as part of its prestigious 20th Century Evening Sale. This marks the first time a Korean artwork has been included in this marquee sale, placing the piece alongside works by Pablo Picasso, Marc Chagall, Joan Mitchell, and David Hockney. The painting, from the artist's New York period, is one of only 30 large-scale 'dot paintings' exceeding 200 cm and was created in the same year as his record-setting *05-IV-71 #200 (Universe)*, which sold at Christie's Hong Kong in 2019 for over HK$100 million.