Christie's nets $1.1bn from back-to-back S.I. Newhouse and 20th century evening sales in New York

Christie's held back-to-back evening auctions in New York, featuring the esteemed S.I. Newhouse collection and a 20th-century evening sale, achieving a combined total of $950 million (or $1.1 billion with fees). The Newhouse sale was a white-glove affair, 100% sold, though entirely backed by third-party guarantees. Highlights included Constantin Brancusi's bronze 'Danaïde' (1913) selling for $107.5 million with fees, a record for the artist, and Pablo Picasso's 'Tête de femme (Fernande)' fetching $48.3 million. Other top lots included works by Piet Mondrian, Joan Miró, Henri Matisse, Francis Bacon, Jasper Johns, Andy Warhol, and Jackson Pollock, with many going to anonymous telephone bidders.

kenny schachter column larry g michael werner gallery

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.

Consignors Revealed: The Mystery Sellers Behind the $1.8 Billion May Auctions

Sotheby's kicked off the May auction season with a $433 million sale, including an 11-lot group from the estate of late dealer Bob Mnuchin, led by an $86 million Mark Rothko painting. The three major auction houses are offering $1.8 billion worth of art by low estimate, a 50% increase from last year, driven by consignments from estates of key figures like Mnuchin, philanthropist Agnes Gund, and dealer Marian Goodman. Christie's will stage a sale from publisher S.I. Newhouse's collection expected to bring $450 million, potentially setting records for Jackson Pollock and Constantin Brancusi. The article reveals that many top sellers are anonymous, but unmasked names include the Dennison family and French collector John Sayegh-Belchatowski.

who was andrew crispo

Artnet News reports that David Hockney's 1968 double portrait *Christopher Isherwood and Don Bachardy* sold for $44.3 million at Christie's on November 17, becoming the artist's third-most expensive work at auction. The painting had previously failed to sell at Sotheby's in 1985, bought in at $570,000. Artnet's reporting revealed that the Christie's catalogue omitted the name of Andrew Crispo, a once-prominent New York dealer, from the painting's provenance. The article details Crispo's meteoric rise from a troubled youth in Philadelphia to a savvy art dealer who championed American Modernism, his important clients including Baron Hans Heinrich Thyssen-Bornemisza, and his dramatic fall due to tax fraud, a prison sentence, and the IRS seizure of his inventory.

christies london day sale october 2025

Christie’s postwar and contemporary art day sale in London on Thursday totaled £12.2 million ($16.4 million), with over 80% of lots sold and 90% of those achieving prices within or above their presale estimates. Standout results included a 2020 painting by Somaya Critchlow selling for £57,150 (est. £15,000–£20,000), a small Etel Adnan painting going for £107,950 (est. £30,000–£50,000), and a Michelangelo Pistoletto mirror piece fetching £234,950—seven times its estimate. However, a Toyin Ojih Odutola painting and a Gerhard Richter gray painting failed to sell, reflecting a selective market.

Behind Christie’s $1 B. Blockbuster Result, the Market Still Looks Uneven

Christie’s New York achieved over $1 billion in sales during a two-part evening auction, led by Jackson Pollock’s *Number 7A, 1948* which sold for $181.2 million. The sale, the first billion-dollar night since the Paul G. Allen collection in 2022, also saw records for other works and active bidding from a small group of buyers, including dealer Jeffrey Deitch. However, the blockbuster results mask a more cautious middle market, where works priced between $100,000 and $1 million remain slow to sell.

Phillips' Priority Bidding drives 100% sell-through at Hong Kong evening sale, totalling US$20.5m

Phillips achieved a 100% sell-through rate at its Modern and Contemporary Art Evening Sale in Hong Kong on 27 September, totaling nearly HK$160 million (US$20.5 million). All 20 lots sold, with six works exceeding HK$10 million. The top lot was Yoshitomo Nara's *Pinky* (2000), which sold for HK$56.64 million (US$7.2 million) after its estimate was lowered from HK$60–80 million to HK$35–55 million. The sale was the first major test of Phillips' new Priority Bidding (PB) system, which offers a reduced buyer's premium to collectors who place written bids at or above the low estimate at least 48 hours before the auction. Seven lots were withdrawn and several estimates revised downward ahead of the sale, contributing to the white-glove result.

art basel miami beach dispatch 2025

The article recounts the author's experience at Art Basel Miami Beach 2025, beginning with a moment of reflection on the beach before the fair week's chaos. Three veteran attendees—an artist, an advisor, and a gallery owner—chose to skip the event this year, citing lackluster parties, declining collector interest in Miami compared to Paris, and poor sales attrition. Despite these doubts, the fair saw strong sales, with Hauser & Wirth reporting a 40% increase in the first three hours, and a new digital art sector boosting optimism. Pop-up exhibitions, like "The Body is The Body" at the Rice Hotel, were highlights, while Vanity Fair's party remained the most coveted invite.

The Top Collections Leading the May Marquee Auctions

The article reports that the May 2025 marquee auctions at Christie's and Sotheby's are being driven by a resurgence of major single-owner collections, reversing a period of trophy scarcity in the secondary market. Key collections include the $130 million Robert E. Mnuchin collection at Sotheby's, the personal collection of gallerist Marian Goodman at Christie's, and the S.I. Newhouse collection expected to generate around $450 million, featuring Jackson Pollock's 'Number 7A (1948)' and Constantin Brancusi's 'Danaïde (1913)'. The article notes that the ultra-high tier above $10 million rose 30% year-on-year, and single-owner collections in New York auctions totaled $730.9 million, an 89.9% increase from Q1 2025.

artcurial twenty one contemporary

On June 6, 2025, Artcurial Paris will host "Twenty One Contemporary," a curated auction dedicated exclusively to 21st-century art. The sale features works by artists such as Xavier Veilhan, Barthélémy Toguo, Aboudia, Thomas Houseago, and Guillaume Bresson, spanning experimental sculpture, painting, and works on paper. Highlights include Veilhan's machine-carved birch sculpture "The Neptunes" (2015), Toguo's large-scale watercolor "Homing Pigeon" (2005), and Bresson's photorealistic "Sans titre" (2010), with estimates ranging from €15,000 to €120,000.

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.

A Tale of Two Cities: Spring Auctions in Hong Kong and Shanghai

Christie's and Sotheby's held their spring marquee auctions in Hong Kong and Shanghai, timed to coincide with Art Basel Hong Kong for the first time. Christie's evening sale of 20th and 21st century art in Hong Kong achieved HKD 560 million (USD 72 million) with a 95% sell-through rate, led by Jean-Michel Basquiat's *Sabado por la Noche (Saturday Night)* (1984) at HKD 112.6 million. Other highlights included a new artist record for Zhang Enli's *Intimacy* (2002) at HKD 23.4 million, and strong sales for works by Yayoi Kusama, Zao Wou-Ki, and Adrian Ghenie, though most lots sold near their low estimates.

New Orleans Galleries’ Spring Sale Blooms With Modern and Contemporary Works

New Orleans Auction Galleries has announced its upcoming Fine Art and Design sale, featuring 279 lots that span over a century of modern and contemporary art. The auction highlights a diverse range of works, including pieces by Mexican modernist José Clemente Orozco, Abstract Expressionist Grace Hartigan, and Southern Regionalist John McCrady. The selection focuses on themes of identity, social consciousness, and the intersection of text and visual media.

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.

Work by Group of Seven's to be featured at Contemporary Calgary's LOOK2026

Contemporary Calgary has announced the details for its upcoming LOOK2026 auction fundraiser, featuring a prestigious selection of works by Canadian masters and contemporary stars. The auction will include pieces by Group of Seven member L.L. FitzGerald, Maxwell Bates, and Chris Cran, alongside contemporary works by artists such as Kablusiak. The event was bolstered by a significant contribution from Calgary-based philanthropist and collector John Lacey, who reached out to CEO David Leinster to support the institution's mission.

BRAFA 2026: the art market heats up from the opening

The 71st edition of BRAFA art fair in Brussels opened with strong sales, signaling a promising start to the 2026 art market. During the first three invitation-only days, major works were sold by galleries including Greta Meert, which placed a €500,000 Enrico Castellani, and Mulier Mulier Gallery, which sold a Tom Wesselmann for €80,000. Other notable sales include a Kim Tschang Yeul work at Boon Gallery, a Renoir painting at Stern Pissarro, and a James Ensor piece at Patrick Derom Gallery. The fair features 147 exhibitors and has attracted loyal collectors, with many galleries reporting multiple red dots and strong interest from younger buyers.

A Husain horse painting, a portrait of Max Ernst’s soulful dog, and a Fini cat mask: our pick of the September auctions and fairs

The article highlights several notable artworks heading to auction and art fairs in September 2024. These include M.F. Husain's "Untitled (Horses)" (1971) at Christie's New York, estimated at $100,000–$150,000, following a record-breaking sale of another Husain work earlier this year. Also featured are Leonor Fini's embroidered cat mask (around 1960) at Weinstein Gallery during Independent 20th Century in New York, Dorothea Tanning's "Katchina and Her Soul" (1951) at Sotheby's London, and Alberto Giacometti's "Small Head of Elsa Schiaparelli" (around 1935) at FAB Paris.

Barber, Heyman @ 11th Sogal auction of modern, contemporary masters

The 11th Sogal art auction, themed “Yemoja,” will take place in Lagos, Nigeria, with a preview from October 29–31, 2025, at Signature Beyond Gallery, followed by an online auction on November 2, 2025. The auction features a diverse lineup of modern and contemporary African artists, including a standout painting by the late modernist Abayomi Barber titled *Yemoja* (1990), which inspired the theme, and Ogbemi Heyman’s *Single Room — A Story of Resilience and Togetherness* (Lot 83). Other notable lots include works by Ben Osawe, Uche Okeke, Soly Cissé, and Clary Nelson Cole, spanning generations and geographies.

London's pre-contemporary art market gets boost from two new summer events

Two new summer events for pre-contemporary art are launching in London: Classic Art London (CAL), running from 23 June to 4 July, and Studiolo, a one-day showcase on 26 June. CAL fills the gap left by London Art Week, which ended in 2024, and features gallery exhibitions across Mayfair, St. James's, Cecil Court, and Belgravia, along with a talks programme at the Society of Antiquaries. Highlights include a rediscovered Titian, a solo show of Paul Nash landscapes, and a focus on Swedish Cubo-Futurist Gösta Adrian-Nilsson (GAN). Studiolo, held at Spencer House, presents art, antiquities, and sculpture.

napoleon sword could fetch 1 million auction

A ceremonial saber commissioned by Napoleon Bonaparte in 1802 sold for €4.6 million ($5.2 million) at Giquello auction house in Paris on May 22, far exceeding its estimate of €700,000–€1 million. The sword, made by master armorer Nicolas-Noël Boutet, was given to Marshal Emmanuel de Grouchy on the eve of the Battle of Waterloo in 1815 and remained in his family ever since. It features a curved Damascus blade, gold-plated silver mounts, and a stingray-skin sheath, with classical imagery including Medusa, Hercules, and Mars. The sale was part of a 20-lot auction at Hôtel Drouot that also included a 15th-century sword, a Gabonese mask, and a 17th-century tapestry.

Giftex's Upcoming 'Modern and Contemporary Art Auction' Presents Masterworks of Modern and Contemporary Indian Art

Giftex is holding a 'Modern and Contemporary Art Auction' on November 27-28, 2025, featuring a curated selection of modern and contemporary Indian art. The sale includes works by modern masters such as Jamini Roy, Nandalal Bose, Krishen Khanna, and Himmat Shah, alongside contemporary artists like Paresh Maity, Baiju Parthan, and the duo Thukral & Tagra. Highlight lots include Paresh Maity's 'Life and Light II' (est. INR 10-15 lakh), Senaka Senanayake's 'Hornbills' (est. INR 10-15 lakh), and a bronze sculpture by Himmat Shah (est. INR 8-12 lakh). The auction will be conducted online via Giftex's website.

Children and Satyr: Two Artcurial Sales in Paris

Enfants et satyre : deux ventes Artcurial à Paris

Artcurial in Paris is holding two upcoming sales on March 25, featuring a diverse collection of works on paper. The sales include a drawing of a camel by Jean-Pierre Houël, a preparatory sketch of a plucked chicken by Jean-François Tourcaty, a study of a man wearing a satyr mask by Parmigianino, and a drawing by Thomas Couture depicting a scene from his painting 'Pierrot en correctionnelle.'