Art News. Vasari Codex

trending_up market schedule May 3, 2026 visibility 49 link 30 artists, 9 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 May 1, 2025 visibility 25 link 15 artists, 4 galleries

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.

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trending_up market schedule May 7, 2026 visibility 31 link 4 artists, 1 gallery

Loïc Gouzer’s Auction Platform Fair Warning to Sell Major Banksy at Tiffany’s Flagship Store

Loïc Gouzer's auction platform Fair Warning will sell Banksy's *Girl and Balloon on Found Landscape* from the 'Crude Oils' series in an invitation-only live auction at Tiffany & Co.'s Fifth Avenue flagship store on May 20. The work, which carries a $13 to $18 million estimate, modifies a thrifted landscape painting with the artist's signature red heart-shaped balloon. It will be publicly viewable in the store before the sale.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 15, 2026 visibility 25 link 30 artists, 2 galleries

Sotheby’s $433 Million Contemporary Evening and Mnuchin Sales Kicked Off New York’s May Marquee Auctions

Sotheby's held two major evening sales in New York—the Mnuchin collection sale and The Now & Contemporary Evening Auction—generating a combined $433.1 million. The Mnuchin sale achieved a white-glove result of $166.3 million, led by Mark Rothko's *Brown and Blacks in Reds* (1957) which sold for $85.8 million, while the contemporary auction reached $266.8 million, with Jean-Michel Basquiat's *Museum Security (Broadway Meltdown)* as the top lot. The results fell within presale estimates but marked a 133% increase over last May's contemporary sales.

newspaper observer.com open_in_new Read original

trending_up market schedule May 2, 2026 visibility 21 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.

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