Art News. Vasari Codex

trending_up market schedule Dec 2, 2025 visibility 16 link 10 artists, 1 gallery

simon de pury art market confidence

The article reports on the upcoming Art Basel in Miami Beach and the improved mood in the art market, driven by strong auction results. Sotheby's emerged as the clear winner over Christie's in the fall 2024 auctions, achieving over $2.2 billion in total sales across Sotheby's, Christie's, and Phillips. Key consignments included the Leonard Lauder Collection, featuring a record-making Klimt, a Frida Kahlo that became the highest-selling work by a woman artist, and Maurizio Cattelan's golden toilet. The article credits Sotheby's move into the Breuer building—formerly home to the Whitney, the Met, and the Frick—for enhancing the presentation and aura of the previews.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 19, 2025 visibility 17 link 16 artists, 2 galleries

sothebys lauder now contemporary sales report klimt record

Sotheby's held a marathon double sale at its new Breuer Building location, selling Gustav Klimt's portrait of Elisabeth Lederer for $236.4 million—the second highest price ever paid for an artwork at auction. The evening featured works from the collection of the late cosmetics heir Leonard Lauder, totaling $527.5 million, far exceeding its low estimate. The subsequent "Contemporary and the Now" sale brought in $178.5 million, with a Jean-Michel Basquiat painting selling for $48.3 million. Overall, the night generated $706 million, with multiple auction records set for artists including Cecily Brown, Antonio Obá, Yu Nishimura, Jess, and Noah Davis.

newspaper ARTnews open_in_new Read original

trending_up market schedule Nov 17, 2025 visibility 27 link 47 artists, 5 galleries

consignors new york november auctions 2025

New York's November 2025 auction season is set to feature at least $1.67 billion in art across Sotheby's, Christie's, and Phillips, a 54% increase in estimates from the same period last year. The season is dominated by major estates, including Leonard Lauder's $400 million trove at Sotheby's with Klimt paintings and Matisse bronzes, Cindy Pritzker's collection featuring a Van Gogh, and anonymous Surrealist works. Christie's offers $736 million in low estimates from collections like Robert and Patricia Weis, Elaine Wynn, and Stefan Edlis. Phillips remains risk-averse, focusing on established names. The market shows a flight to quality, with emerging art reduced and delegated to day sales, while ultra-contemporary segments contract.

newspaper Artnet News open_in_new Read original

trending_up market schedule Dec 2, 2025 visibility 20 link 16 artists, 1 gallery

jeffrey deitch auction week

Art dealer Jeffrey Deitch shared his impressions of New York's $2.2 billion auction week, praising Sotheby's for its acquisition of the Breuer Building and the intimate atmosphere of its new salesroom. He highlighted the $527 million sale of Leonard A. Lauder's collection, the presence of major figures like Patrick Drahi, Larry Gagosian, and the Mugrabi clan, and lauded auctioneer Ollie Barker's skill. Deitch contrasted the experience with the old days of auction-going, noting the excitement and club-like feeling.

newspaper Artnet News open_in_new Read original

trending_up market schedule Dec 19, 2025 visibility 22 link 24 artists, 2 galleries

top auction moments of 2025

Artnet News rounds up the standout auction moments of 2025, highlighting both triumphs and disappointments. M.F. Husain's *Untitled (Gram Yatra)* (1954) smashed expectations at Christie's, selling for $13.8 million—more than double the artist's previous record and the first South Asian Modern work to exceed $10 million. In contrast, Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922) fell short of its $50 million estimate at Christie's, missing the artist's auction record, while Alberto Giacometti's *Grande tête mince* (1955) failed to sell at Sotheby's despite a $70 million asking price, underscoring market volatility.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 21, 2025 visibility 23 link 9 artists

christies edlis neeson collection 21st century art stats

Christie’s evening sale of 21st-century art on Wednesday achieved $123.6 million in total sales, including 19 lots from the collection of the late Stefan Edlis and his widow Gael Neeson. The top lot was Christopher Wool’s *Untitled (RIOT)* (1990), which sold for $19.8 million. The sale had a 97 percent sell-through rate, with 36 of 45 lots guaranteed, and the hammer total of $99.7 million exceeded the presale low estimate of $87.5 million. A notable moment was a seven-minute bidding war for a Diego Giacometti coffee table owned by Edlis and Neeson, which sold for $3.65 million against a $1.5–2.5 million estimate.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 20, 2025 visibility 18 link 8 artists

sothebys leonard lauder contemporary by the numbers

Sotheby's held a marathon evening sale in New York on Tuesday night, achieving $706 million in total sales—the highest single-evening total in the auction house's history. The standout was the collection of Leonard A. Lauder, which alone brought $527.5 million, led by Gustav Klimt's *Portrait of Elisabeth Lederer* (1914-16) that sold for $236.4 million after a 20-minute bidding war. A second sale of contemporary and ultra-contemporary works added $178.5 million, with Jean-Michel Basquiat's *Crowns (Peso Neto)* (1981) topping that session at $48.3 million. Notably, no lots were withdrawn across both sales, and Asian collectors drove bidding on many high-value lots. Maurizio Cattelan's gold toilet *America* (2016) sold for $12.1 million, drawing only one bid.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 19, 2025 visibility 14 link 16 artists

november marquee auction sales midpoint analysis

Christie's and Sotheby's November marquee auctions in New York generated a combined $1.4 billion, with Sotheby's achieving a record $706 million from a double-header sale. The highlight was Gustav Klimt's "Portrait of Elisabeth Lederer" (1914–16), sold for $236.4 million from the collection of late cosmetics heir Leonard Lauder, becoming the most expensive modern artwork ever sold at auction. Christie's Monday sale brought in $690 million, falling short of its $731.5 million high estimate but still marking a 42% increase over its equivalent sale last November.

newspaper ARTnews open_in_new Read original

trending_up market schedule Nov 19, 2025 visibility 17 link 17 artists

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

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.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 10, 2025 visibility 29 link 29 artists

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.

newspaper ARTnews open_in_new Read original

trending_up market schedule Nov 14, 2025 visibility 15 link 19 artists, 3 galleries

gust klimt 100 million club

Sotheby's is offering Gustav Klimt's "Portrait of Elisabeth Lederer" (1914-1916) from the estate of the late collector and philanthropist Leonard Lauder with an asking price exceeding $150 million. The consignment also includes two Attersee landscapes valued at over $70 million and $80 million respectively, potentially generating over $300 million from just three lots. This sale follows Ronald Lauder's record-setting $135 million private purchase of Klimt's "Portrait of Adele Bloch-Bauer I" in 2006, and is guaranteed to set a new auction record for the artist, surpassing the current $108.8 million benchmark.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 20, 2025 visibility 24 link 16 artists, 1 gallery

‘Really encouraging’: Phillips’s modern and contemporary sale continues New York auction momentum

Phillips’s modern and contemporary evening sale on 19 November generated nearly $54.8 million ($67.3 million with fees), a 25% increase over the same sale last year. Out of 33 lots, only two failed to sell, achieving a 94% sell-through rate. The top lot was Francis Bacon’s *Study for Head of Isabel Rawsthorne and George Dyer* (1967), which hammered at $13.5 million, followed by an untitled Joan Mitchell work from 1957-58 at $12 million. The sale also included natural history objects for the first time, such as a juvenile Triceratops skeleton nicknamed 'Cera,' which sold for $4.35 million. Female artists performed strongly, with Ruth Asawa’s copper wire sculptures sparking lengthy bidding wars and Firelei Báez setting a new artist record that was later broken at Christie’s the same evening.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Nov 19, 2025 visibility 19 link 30 artists, 3 galleries

Sotheby’s Shatters Records at Its Breuer Debut as a $236.4M Klimt Leads the $706M Evening Sale

Sotheby's held its debut evening sale at the Breuer building in New York on November 18, achieving a record-breaking $706 million total. The highlight was the white-glove auction of Leonard A. Lauder's collection of 20th-century masterpieces, which alone brought $527.5 million. Gustav Klimt's portrait *Bildnis Elisabeth Lederer* (1914-16) sold for $236.4 million, setting a new record for the artist and for Sotheby's Modern category. The evening also included a strong Contemporary sale led by Maurizio Cattelan's golden toilet at $12.1 million, with active bidding from Asian collectors.

newspaper observer.com open_in_new Read original

trending_up market schedule Jan 14, 2026 visibility 27 link 16 artists, 3 galleries

will the recent art market momentum continue into 2026

Artnet News columnist reflects on the fragile state of the art market as 2025 ends, noting that global instability and troubling news have dampened buyer psychology. Despite this, major auction houses reported strong annual sales—Sotheby's at $7 billion (up 17%) and Christie's at $6.2 billion (up 6%)—and a series of high-profile sales, including the Pauline Karpidas collection auction and Leonard Lauder's Gustav Klimt portrait fetching $236.4 million, have sparked renewed momentum. The article quotes advisors and dealers who sense a market bottom has passed, with buyers returning to auctions and fairs like Art Basel Miami Beach.

newspaper Artnet News open_in_new Read original

trending_up market schedule Dec 22, 2025 visibility 18 link 10 artists

auctioneers jewelry evening sales

Sotheby's held its inaugural evening sale at the Breuer building, featuring the Contemporary and the Now sale. Auctioneer Oliver Barker achieved $527.5 million in sales, surpassing the pre-sale low estimate of $379 million. The highlight was Gustav Klimt's portrait of Elisabeth Lederer, which sold for $236.4 million, setting an auction record for Klimt and becoming the second most expensive work ever sold at auction. During the sale, auctioneer Phyllis Kao wore a David Webb necklace from the mid-1980s, featuring carved emeralds, rubies, and cabochon sapphires, which was on view and available for private sale at Sotheby's retail salon in the Breuer lobby.

newspaper ARTnews open_in_new Read original

trending_up market schedule Dec 17, 2025 visibility 13 link 2 artists

sothebys 2025 sales results analysis

Sotheby's is projecting $7.0 billion in consolidated 2025 sales, a 17% increase over the previous year and the strongest result in the company's history. Auction sales rose 26% to $5.7 billion, driven by high-quality consignments including the Leonard A. Lauder Collection and a $236.4 million Klimt painting. Luxury sales climbed 22% to $2.7 billion, while RM Sotheby's surpassed $1 billion for the first time. The opening of Sotheby's new global headquarters at the Breuer Building was a commercial centerpiece, generating $1.17 billion in its inaugural week. The company also expanded rapidly in the Middle East, staging the first international auction in Saudi Arabia and launching Collectors' Week in Abu Dhabi.

newspaper ARTnews open_in_new Read original

trending_up market schedule Nov 19, 2025 visibility 18 link 5 artists

gustav klimt portrait of elisabeth lederer auction record

Gustav Klimt's 'Portrait of Elisabeth Lederer' (1914–16) sold for $236.4 million at Sotheby's New York on November 18, 2025, after 20 minutes of bidding. The painting, which started at $130 million, was won by a phone bidder represented by Sotheby's specialist Julian Dawes, with the hammer price at $205 million. The work was the highlight of the Leonard A. Lauder Collection sale, a 55-work trove valued at over $400 million, and proceeds will go to the Lauder trust. The portrait had been restituted after Nazi-era confiscation and was acquired by Lauder in the mid-1980s.

newspaper ARTnews open_in_new Read original

trending_up market schedule Nov 19, 2025 visibility 23 link 10 artists

sothebys lauder day sale

Sotheby's held a day sale on Wednesday featuring 30 works from the collection of cosmetics heir Leonard Lauder, generating $3.84 million against an estimate of $2.22 million to $3.29 million. The sale followed a strong Tuesday auction led by a Gustav Klimt portrait from Lauder's collection that achieved the second-highest price ever for an artwork at auction. Standout results included works by Dorothea Rockburne, Elizabeth Murray, and Lyonel Feininger that far exceeded their estimates, while a Claes Oldenburg sculpture sold for $444,500, the top price of the day.

newspaper ARTnews open_in_new Read original

trending_up market schedule Nov 19, 2025 visibility 15 link 5 artists

leonard lauders klimt painting fetches sothebys

A Gustav Klimt painting, *Portrait of Elisabeth Lederer* (1914), sold for $236.4 million at Sotheby’s in New York, setting a new auction record for the artist and becoming the most expensive work ever sold at Sotheby’s as well as the most expensive Modern artwork at auction. The work was part of a sale dedicated to the collection of the late art patron Leonard Lauder, who died in June at age 92. The bidding lasted about 20 minutes, with Sotheby’s auctioneer Oliver Barker opening at $130 million; the winning bid of $205 million came from Sotheby’s staffer Julian Dawes, representing a phone client. The sale included two dozen works from Lauder’s trove, which also featured three Klimt paintings and six Henri Matisse bronzes.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 19, 2025 visibility 9 link 9 artists

christies 20th century art november new york by the numbers

Christie’s fall auction season in New York opened with a robust evening sale of 20th-century art on Monday night at Rockefeller Center, achieving a total of $690 million after fees. The sale featured an 18-lot offering from the private collection of Robert and Patricia Weis, followed by the main 20th-century auction. The top lot was Mark Rothko’s *No. 31 (Yellow Stripe)* (1958), which sold for $62 million, while Claude Monet’s *Nymphéas* (1907) brought $45.5 million. The sale had a 95 percent sell-through rate, with 55 of 80 lots guaranteed, and strong in-person bidding provided a boost of market confidence after months of art fair cancellations and gallery closures.

newspaper Artnet News open_in_new Read original

trending_up market schedule Sep 15, 2025 visibility 19 link 12 artists

leonard lauder sothebys klimt matisse

Sotheby's has secured a major consignment of approximately $400 million in art from the collection of the late Leonard Lauder, who died in July at age 92. The highlight is Gustav Klimt's "Portrait of Elisabeth Lederer" (1914–16), expected to fetch over $150 million, potentially shattering Klimt's auction record. The sale also includes two other Klimt landscapes, six bronzes by Henri Matisse, a $20 million Edvard Munch painting, and an Agnes Martin work, totaling 55 artworks. The auction will inaugurate Sotheby's new space in the former Whitney Museum building, designed by Marcel Breuer.

newspaper ARTnews open_in_new Read original

trending_up market schedule Dec 31, 2025 visibility 27 link 33 artists, 10 galleries

Observer’s 2025 Art Market Recap: Recovery After a Year of Recalibration

After a turbulent start marked by gallery closures and market contraction, the art market in 2025 rebounded decisively, driven by a secondary-market surge in high-quality consignments. Major auction houses reported strong year-end results: Sotheby's projects $7 billion in consolidated sales (up 17%), Christie's expects $6.2 billion (up 7%), and Phillips reported $927 million (up 10%). Key sales included the $272 million Leonard & Louise Riggio collection at Christie's, the $527.5 million Lauder collection at Sotheby's (led by a $236.4 million Gustav Klimt), and the $136 million Karpidas sales. The year began quietly but gained momentum after summer, with deep bidding and strategic pricing driving a 26% increase in Sotheby's auction revenue and an 11% overall rise in fine art sales across Old Masters, Impressionist, Modern, Post-War and Contemporary categories.

newspaper observer.com open_in_new Read original

trending_up market schedule Nov 14, 2025 visibility 20 link 8 artists, 2 galleries

Van Gogh’s ‘Sower’ will soon go on sale at Sotheby's—where it's set to make record price

Van Gogh's drawing 'Sower in a Wheatfield with setting Sun' (July 1888) will be auctioned at Sotheby's New York on 18 November with an estimate of $8m-$10m. The work, which belonged to the late cosmetics heir and collector Leonard Lauder, is expected to set a new auction record for a Van Gogh drawing if it exceeds the $8.8m achieved by 'La Mousmé' in 2021. The drawing was originally made for the artist Émile Bernard and later passed through notable hands including dealer Ambroise Vollard and critic Théodore Duret before entering the Lauder collection. It will be sold alongside 23 other major works from Lauder's collection, including three important Gustav Klimt paintings, in a sale expected to fetch over $400m.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Dec 19, 2025 visibility 15 link 15 artists, 1 gallery

The 10 Most Expensive Auction Works in 2025

The article reports on the ten most expensive auction lots of 2025, led by Gustav Klimt's 'Bildnis Elisabeth Lederer (Portrait of Elisabeth Lederer)' (1914), which sold for $236.36 million at Sotheby's, making it the second-most-expensive artwork ever sold at auction. The top end of the market rebounded after a quieter 2024, with the 100 most expensive lots totaling $2.13 billion, up from $1.8 billion the previous year. Nine of the top ten lots were sold during the marquee New York sales in November, where Sotheby's, Christie's, and Phillips together generated over $2 billion and set 16 artist auction records. The list includes multiple Klimt works from the collection of American philanthropist Leonard A. Lauder, as well as a Vincent van Gogh still life that sold for $62.71 million.

newspaper Artsy open_in_new Read original

trending_up market schedule Nov 24, 2025 visibility 19 link 26 artists, 2 galleries

16 New Auction Records Set in November 2025

New York's fall auction week in November 2025 saw major houses Sotheby's, Christie's, and Phillips collectively bring in over $2 billion, signaling renewed market confidence after an uneven spring. The top lot was Gustav Klimt's *Portrait of Elizabeth Lederer* (ca. 1914–16), which sold for $236.36 million at Sotheby's—the second-highest price ever paid at auction and a new record for the artist. Other notable records included Frida Kahlo's *El sueño (La cama)* (1940), which became the most expensive artwork by a woman artist sold at auction, fetching $54.66 million. In total, 16 new artist auction records were set during the week.

newspaper Artsy open_in_new Read original

trending_up market schedule Dec 18, 2025 visibility 20 link 12 artists

report rebounding art auction market 2025 arttactic

ArtTactic's year-end report reveals that the global art auction market rebounded to $4.55 billion in 2025, an 11.1% increase from 2024. Sotheby's saw a 17% sales jump and Christie's a nearly 7% rise. Historic single-owner sales, including estates of Leonard Lauder, Cindy and Jay Pritzker, and Pauline Karpidas, drove recovery with $884.9 million in total. Old Masters, Impressionist, and modern art surged 42.3% year-on-year, while contemporary and post-war art lagged. The trophy market (works over $10 million) grew 19.4% to $1.48 billion, led by Impressionist art up 80.4% to $1.04 billion, fueled by three Gustav Klimt canvases from the Lauder collection.

newspaper ARTnews open_in_new Read original

trending_up market schedule Nov 18, 2025 source 3 sources visibility 26 link 22 artists

In major auction night, rare Klimt painting smashes records at $236.4 million

Sotheby's held its first sale at its new US headquarters in New York, where Gustav Klimt's "Portrait of Elisabeth Lederer" sold for $236.4 million, becoming the most valuable work of modern art ever sold at auction and the most expensive artwork ever sold by Sotheby's globally. The record-breaking 20-minute bidding war also saw strong results for works by Edvard Munch ($35.1 million) and a Klimt landscape ($86 million), while the evening's total reached $706 million. However, two top lots by Kerry James Marshall and Barkley L. Hendricks failed to sell, and Maurizio Cattelan's gold toilet "America" drew only a single bid from Ripley's Believe It or Not! for $12.1 million.

newspaper CNN open_in_new Read original

trending_up market schedule Nov 19, 2025 visibility 16 link 8 artists

Gustav Klimt portrait sells for $236.4m, making it the second most expensive artwork ever sold at auction

Gustav Klimt's "Portrait of Elisabeth Lederer" sold for $236.4 million at Sotheby's New York on Tuesday night, becoming the second most expensive artwork ever sold at auction and the most expensive modern artwork ever auctioned. The six-foot-tall painting, created between 1914 and 1916, depicts the young heiress and daughter of Klimt's patrons. Six bidders competed for 20 minutes before the work was sold, though Sotheby's declined to name the buyer. The painting had been looted by the Nazis during World War II, returned to the Lederer family in 1948, and later acquired by Estée Lauder heir Leonard A. Lauder in 1985. Lauder died in June at age 92, and the sale was part of his collection auction that fetched $575.5 million total.

newspaper The Guardian open_in_new Read original

trending_up market schedule Nov 19, 2025 visibility 22 link 23 artists

Record $236.3m Klimt leads Sotheby’s first night of auctions in Breuer Building

Sotheby's first evening auctions in its new Manhattan headquarters, the former Whitney Museum building designed by Marcel Breuer, achieved a record total of $605.1 million ($706 million with fees) on November 18. The night was headlined by the sale of 24 works from the collection of the late billionaire Leonard Lauder, which alone brought in $456.2 million. The standout lot was Gustav Klimt's 'Bildnis Elisabeth Lederer (Portrait of Elisabeth Lederer, 1914-16)', which sold for $205 million ($236.3 million with fees) after a nearly 20-minute bidding war, becoming the second-most-expensive painting ever sold at auction. A subsequent contemporary art auction added $148.8 million ($178.5 million with fees) across 44 lots.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Nov 19, 2025 visibility 20 link 4 artists

Gustav Klimt's rare 'Elisabeth Lederer' painting fetches record $236.4 million - Most expensive work of mo

Gustav Klimt's rare portrait 'Elisabeth Lederer' sold for $236.4 million at Sotheby's, setting a new record as the most expensive work of modern art ever sold at auction. The painting, created in the final years of Klimt's life, narrowly survived World War II after being separated from other works destroyed in a fire at Immendorf Castle. It came from the collection of Estée Lauder heir Leonard A. Lauder, who died earlier this year. The sale also featured Maurizio Cattelan's 18-karat gold toilet 'America', which drew only a single bid and sold for $12.1 million.

newspaper The Economic Times open_in_new Read original