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basel on a budget labubu georg baselitz art basel 2025

Artnet News highlights affordable artworks available at Art Basel 2025, countering the fair's reputation for multimillion-dollar sales. Featured works include John Tremblay's 'Gold sounds' (2025) from the New Paintings series at Ecart's booth, priced at €2,500, and Kasing Lung's limited edition Labubu doll sold at the Art Basel Shop for CHF 200, which sold out rapidly to VIPs and the public. Also noted is Solomon Garçon's 'Bobby (4)' (2025), priced around $3,500, presented by 243 Luz at the Liste fair.

KAWS | Untitled (KAWS X Mocad) (2019)

Bidding has concluded for KAWS's 2019 screenprint, *Untitled (KAWS X Mocad)*, a limited-edition work produced for the artist's solo exhibition "Alone Again" at the Museum of Contemporary Art Detroit. The work was offered through Palm Beach Modern Auctions, with detailed condition reports and terms available to prospective bidders.

sothebys frame clothing collection

Fashion brand Frame has released a clothing collaboration with Sotheby’s, featuring loungewear, jeans, jackets, and accessories that prominently display the auction house’s logo. The capsule collection, described as a first-of-its-kind partnership, includes items like a $228 beach towel, $278 shorts, and a $1,298 cashmere sweater, modeled by Sotheby’s staff including SVP Ashkan Baghestani and AVP Kelly Pyrtle.

johnny depp add the light art drop

Hollywood star Johnny Depp is releasing limited-edition prints of two personal watercolors originally painted in the early 2000s at his French estate, Le Hameau. The collection, titled "Let the Light in," includes a self-portrait called *Add the Light* and a rose painting *A Rose Is a Rose Is a Rose*, a tribute to his daughter Lily-Rose. Each work is offered in 195 signed editions through London's Castle Fine Art on July 18, priced individually at £2,950 framed or £2,500 unframed. The paintings reflect Depp's life with former partner Vanessa Paradis and their children in the south of France.

Comment | Galleries are looking to merch to keep spirits up—it's a joyful move in challenging times

The article discusses how galleries are increasingly turning to merchandise and playful, low-cost art items to maintain public engagement during a downturn in the art market. It cites the example of Lucy Sparrow's hand-stitched felt fish and chip shop at Lyndsey Ingram gallery in London, which drew large crowds and media attention but generated far less revenue than traditional fine art sales. The piece notes that while the global art market fell 12% to $57.5bn in the past year, according to the Art Basel and UBS Art Market Report, galleries like Unit and Palmer are offering items such as Gavin Turk T-shirts and Andy Holden records to attract visitors.

nifty gateway closed down

Nifty Gateway, an early NFT marketplace founded in 2018 and acquired by Gemini, will shut down on February 23 after entering withdrawal-only mode. The platform, which once reported $300 million in gross merchandise value in 2021 and partnered with Sotheby's for a $17 million NFT drop, is closing amid a sharp decline in NFT trading activity. Users must withdraw their assets by the deadline, after which they can no longer list, buy, or sell NFTs on the site.

Japan’s favourite puffed corn snack was just sold at auction for ¥1.15 million

A limited-edition artwork by Japanese contemporary artist Tomokazu Matsuyama, titled 'Umaibo: Contemporary Art Flavour', sold at auction for ¥1.15 million (approximately $7,600 USD). The piece reimagines the iconic ¥15 Umaibo corn puff snack, a beloved cheap candy in Japan. Originally released in 2025 as a run of 50 sticks priced at ¥100,000 each, the work was first shown at Matsuyama's solo exhibition 'Tomokazu Matsuyama: First Last' at Azabudai Hills Gallery in Tokyo. The auction result represents over ten times the original retail price.

nifty gateway nft platform shutters

Nifty Gateway, one of the earliest and most prominent NFT marketplaces, announced it will shut down on February 23, 2026, citing sharply declining activity. The platform, founded in 2018 by twins Duncan and Griffin Cock Foster and acquired by Gemini in 2019, has entered withdrawal-only mode, advising users to move their assets before the deadline. At its peak in 2021, Nifty Gateway reported $300 million in gross merchandise value, boosted by a Sotheby's partnership for a $17 million NFT drop by the artist Pak. The closure follows the collapse of the NFT boom, with trading volumes plummeting and other platforms like Async Art, KnownOrigin, and MakersPlace already shuttered.