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art basel miami beach 2025 changed fair map

Art Basel Miami Beach 2025 has introduced significant changes to its floor plan, including a shift in shared booth arrangements. In the Nova section for young galleries, only two galleries—Isabel Aninat and Espacio Valverde—are sharing a booth, while the main sector now features multiple pairings, such as Andrew Kreps with Anton Kern, March with Parker, and Galatea with Isla Flotante. The Positions sector for solo presentations has moved to a regular gallery booth area, replaced by the new Zero 10 initiative for digital art. The map reflects a reduced footprint for the main sector, possibly responding to a volatile market for contemporary art.

new money new taste intel report march 2025

The article, part of Artnet's Intelligence Report, profiles the rise of a new generation of art collectors, exemplified by Justine Freeman, granddaughter of legendary patron Betty Freeman. It highlights how millennials and Gen Z, who accounted for a quarter to a third of bidders at major auction houses in 2024, are reshaping the market by focusing on ultra-contemporary artists like Jadé Fadojutimi and Hilary Pecis, as well as nontraditional collectibles such as sneakers and Hermès bags. Notable sales include Maurizio Cattelan's banana artwork "Comedian" for $6.2 million to a 34-year-old crypto entrepreneur.

warhol muhammad ali 18 million art basel miami beach sale

Lévy Gorvy Dayan sold Andy Warhol's 'Muhammad Ali' (1977) for $18 million during the VIP preview of Art Basel Miami Beach. The painting, autographed by Ali and formerly owned by Richard L. Weisman, was displayed just a few hundred feet from the Miami Beach Convention Center, where Ali defeated Sonny Liston in 1964. The consignment was kept secret until ten days before the fair, and the work drew crowds of buyers and admirers, including Ali's sons and figures connected to Warhol's 'Athletes' series.

Andy Warhol | Original Exhibition Poster (2021) | For Sale

An original Andy Warhol exhibition poster from 2021 is being offered for sale by Baldwin gallery, with locations in London, Miami, and Dubai. The offset lithograph on paper measures 19.7 × 27.6 inches, is in mint condition, unsigned, and includes a Certificate of Authenticity. Priced at £650, the work ships from London with domestic shipping at £45 and international at £55, and is covered by the Artsy Guarantee.

bonhams new hq 111 west 57th street

Bonhams has opened its new U.S. headquarters at 111 West 57th Street in New York, moving from its longtime Madison Avenue location into a 42,000-square-foot space within the restored Steinway Hall. The design features an 80-foot glass atrium, a grand staircase, and restored historic elements, aiming to create a transparent, cultural-center-like atmosphere rather than a traditional salesroom.

sothebys saudi arabian auction 2026

Sotheby's will hold its second auction in Saudi Arabia on January 31, 2026, following a successful inaugural sale in Diriyah in February 2024 that netted $17.3 million. The upcoming sale, titled "Origins," features over 70 works by established Saudi Arabian and Middle Eastern artists alongside international names, with top lots including a Pablo Picasso painting estimated at $2–3 million and works by Jean Dubuffet, Roy Lichtenstein, and Andy Warhol. The auction aims to build on lessons from the first sale, which revealed strong demand across price points and generational diversity among buyers.

warhol portrait muhammad ali art basel miami

A 1977 Andy Warhol portrait of Muhammad Ali, priced at $18 million, will be the centerpiece of Lévy Gorvy Dayan's booth at Art Basel Miami Beach. The 40-inch acrylic and silkscreen canvas, featuring a royal purple background, was previously purchased for $18.1 million at Christie's in 2021. The work is part of a series of 10 Warhol portraits of sports stars commissioned by collector Richard L. Weisman, and is autographed on the back by Ali.

New tech and old names drive sales at Art Basel Miami Beach

Art Basel Miami Beach (ABMB) saw strong sales and a cautiously optimistic mood, with Pace gallery reporting nearly $5 million in sales including a $1.1 million Sam Gilliam painting. The fair debuted a new digital art section, Zero 10, where a Beeple installation of robotic dogs excreting NFTs sold out within five hours for $1 million total, and generative art from Larva Labs sold for up to $45,000 each. However, the opening day crowd was thinner than in past years, and about 20 galleries did not return, replaced by a record 48 new exhibitors. Dealers noted a slower, quieter pace, with buyers more cautious than during the indulgent pre-pandemic era.

Sotheby’s “Origins II” Results Suggest Saudi Collectors Are Prioritizing Legacy

Sotheby's second auction in Saudi Arabia, 'Origins II,' achieved a total of $19.6 million, nearly doubling its low estimate. The sale, held in Diriyah, saw strong demand for Saudi and MENA artists, with a third of works sold to local collectors, signaling a shift from the previous year's reliance on international blue-chip art.

sothebys second sale saudi arabia results

Sotheby's second auction in Saudi Arabia, titled 'Origins II,' achieved a strong result of $19.6 million, surpassing its presale estimate. The sale of 61 lots was bolstered by a new auction record for a Saudi artist and a significant increase in the value and volume of works by Saudi artists sold compared to the house's inaugural sale in the country last year.

Prince Sadruddin Aga Khan's collection of Indian and Persian paintings to sell at Christie's for more than £8m

Christie's will auction 95 Indian and Persian paintings from the collection of Prince and Princess Sadruddin Aga Khan in London on 28 October, with estimates ranging from £2,000 to £1m and a total expected sale price exceeding £8m. The collection, formed between the 1960s and 1980s, includes Ottoman, Mughal, Deccani, and Rajput works, as well as pieces by artists such as Reza Abbasi, Ghulam Ali Khan, and Sheikh Muhammad Amir of Karraya, dating from the 16th to 19th centuries. Highlights include a page from the Fraser Album and an early Mughal painting of cheetahs attributed to Basawan.

Booming stock market is fueling a mega-billion return to classic art and a backlash to junk

A booming stock market and increased disposable income among the ultra-wealthy have fueled a $2.2 billion fall auction season in New York, led by Gustav Klimt's "Portrait of Elisabeth Lederer," which sold for $236.4 million at Sotheby's. Other major sales include Frida Kahlo's "El sueño (la cama)" setting a record for a female artist at $55 million, and Mark Rothko's "No. 31 Yellow Stripe" fetching $62 million at Christie's. The surge is attributed to a convergence of high-quality estates coming to market—including those of Leonard Lauder, Robert and Patricia Ross Weis, and Jay and Cindy Pritzker—and renewed confidence among wealthy buyers after a stagnant period for art prices.

Pablo Picasso and Safeya Binzagr headline Sotheby’s second sale in Saudi Arabia

Sotheby's will hold its second auction in Saudi Arabia, Origins II, on January 31 in Diriyah, featuring works by Pablo Picasso, Andy Warhol, Anish Kapoor, and Middle Eastern artists including Safeya Binzagr and Mohammed Al Saleem. The sale spans categories from ancient sculpture to contemporary South Asian art, with highlights including Picasso's 'Paysage' (1965, est. $2-3 million) and Binzagr's 'Coffee Shop in Madina Road' (1968, est. $150,000-200,000).