Art News. Vasari Codex

trending_up market schedule Dec 30, 2025 visibility 23 link 5 artists, 3 galleries

art world insiders 2026 market predictions new years

Art world insiders share their predictions for 2026, anticipating a market rebound after a turbulent 2025 marked by gallery closures and tariff announcements. Key developments include the launch of new art fairs by Art Basel and Frieze in Qatar and Abu Dhabi, the return of the Whitney Biennial and Venice Biennale, and a surge in estate-driven sales as the Great Wealth Transfer accelerates. Experts note a revival of interest in Old Masters and classic taste, with collectors returning to bidding and galleries seeing renewed activity.

newspaper ARTnews open_in_new Read original

trending_up market schedule Feb 5, 2026 visibility 13 link 4 artists, 1 gallery

michelangelo sistine chapel study christies

A previously unknown Michelangelo drawing, a red chalk study for the foot of the Libyan Sibyl on the Sistine Chapel ceiling, was discovered after an owner submitted a photograph to Christie's online estimate service. The work, created around 1511–12, sold at Christie's New York for $27.2 million, far exceeding its $1.5–2 million estimate and setting a new auction record for a Michelangelo drawing. The anonymous seller inherited the piece from his grandmother, and it had been in his family since the late 1700s.

newspaper Artnet News open_in_new Read original

trending_up market schedule Sep 18, 2025 visibility 20 link 7 artists, 8 galleries

art world italy gallery boom

Austrian art dealer Thaddaeus Ropac is opening a new gallery in Milan, his seventh location, despite initial concerns over Italy's high value-added tax (VAT) on art, which was Europe's highest at 22 percent. The Italian government slashed the VAT to 5 percent in June after pressure from art market players, making it the lowest in the EU. The gallery, spanning over 3,000 square feet in the 18th-century Palazzo Belgioioso, opens on September 20 with a show featuring Georg Baselitz and Lucio Fontana, followed by exhibitions of Valie Export and Ketty La Rocca. Elena Bonanno di Linguaglossa will serve as executive director.

newspaper Cultured 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.

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trending_up market schedule Jun 5, 2025 visibility 24 link 5 artists

sir joshua reynolds portrait inheritance tax

The Tate in London has acquired a full-length portrait by Joshua Reynolds of the 5th Earl of Carlisle (1748–1825) through the UK's Acceptance in Lieu scheme, which allows art to be transferred to the nation in place of inheritance tax. The painting, valued at $6.1 million (£4.7 million), was painted in 1769 and had hung at Castle Howard in North Yorkshire for over 200 years. It will remain on public display there but will also travel to other venues including Tate Britain.

newspaper Artnet News open_in_new Read original

trending_up market schedule Aug 8, 2025 visibility 14 link 8 artists, 1 gallery

Revealed: Picasso’s granddaughter owned a Van Gogh—which she sold at Sotheby’s

Marina Picasso, granddaughter of Pablo Picasso, owned a Vincent van Gogh watercolor titled *Woman in a Wood* (September-October 1882), which she sold at Sotheby’s in New York on May 13 for $952,500. The work, which also features a sketch of a fishing boat on its reverse, was purchased by Marina in 1987 through Swiss dealer Jan Krugier from a Tehran-based collector. The sale was not publicly known until just before the auction. The article also notes that a separate Van Gogh oil painting, *In the Dunes* (September 1883), sold at Christie’s the previous day for $4 million from the collection of US businessman Jeffrey P. Draime.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Aug 23, 2025 visibility 19 link 16 artists, 2 galleries

How the wealth transfer from Boomers to their children will shake up the art market

The article examines how the transfer of wealth from Baby Boomers to younger generations is reshaping the Australian art market. As Boomers downsize or pass away, their tightly held collections—featuring artists like Grace Cossington Smith, Howard Arkley, and Brett Whiteley—are entering auction houses, creating rare buying opportunities. Meanwhile, younger collectors (Gen X, Millennials, Gen Z) face economic uncertainty, leading to a softening in the ultra-contemporary market and a decline in NFTs. New models of online and agency representation are bypassing traditional galleries, and galleries themselves are undergoing generational change, with some closing and others like Ames Yavuz and D'Lan Contemporary expanding.

newspaper SMH.com.au open_in_new Read original

trending_up market schedule Mar 22, 2026 visibility 17 link 6 artists, 1 gallery

What the Art Market Still Gets Wrong About Next-Gen Collectors

Art market expert Georgina Adam's new book, 'NextGen Collectors and the Art Market,' analyzes the industry's struggle to attract and retain younger buyers like millennials and Gen Z. She examines the difficulty in defining this demographic, their shifting tastes away from traditional blue-chip artists, and their volatile, less loyal market behavior.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 17, 2025 visibility 16 link 5 artists

liebermann resituted gurlitt auction

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.

newspaper Artnet News open_in_new Read original

trending_up market schedule Sep 22, 2025 visibility 15 link 6 artists

unknown pablo picasso painting dora maar for sale

A Pablo Picasso painting of Dora Maar, titled *Bust of a Woman in a Flowery Hat (Dora Maar)*, has been consigned to the Paris auction house Lucien Paris after not being seen publicly for 80 years. Painted in 1943 and last exhibited in 1944, the work was inherited by the anonymous seller from a grandparent. It is currently on view at Hôtel Drouot and will be auctioned on October 24 with an estimate of approximately $9.5 million. Photographic evidence of the painting appears in 1944 photos by Brassaï of Picasso’s studio.

newspaper ARTnews open_in_new Read original

trending_up market schedule Jun 17, 2025 visibility 11 link 3 artists

sothebys picasso ceramics

Sotheby's London held a 'white glove' sale of 126 one-of-a-kind ceramics by Pablo Picasso, all from the collection of his granddaughter Marina Picasso. The auction achieved a 100% sell-through rate, generating £12.3 million ($19.4 million), with the top lot—a painted goat-shaped vase titled *Cabri* (circa 1947)—selling for £485,000, nearly quadrupling its estimate.

newspaper Artnet News open_in_new Read original

trending_up market schedule Jul 2, 2025 visibility 11 link 1 gallery

hauser amp wirth owners relocate switzerland from uk

Iwan and Manuela Wirth, owners of the global art gallery Hauser & Wirth, have relocated their permanent residency from the United Kingdom to Switzerland, where the gallery’s holding company is based. The move was registered in documents filed with Companies House this month, and the gallery confirmed to the Financial Times that the decision was for personal reasons, unrelated to tax law changes. Despite the relocation, the Wirths plan to open a new London location in 2026, and their UK gallery reported a 13 percent drop in turnover to £144 million in 2023.

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