Veteran Advisor Patti Wong on How the Auction Market Is Recalibrating

Veteran art advisor Patti Wong, who left Sotheby's after three decades to start her own firm, analyzes a significant recalibration in the auction market. She notes a new discipline among auction houses and buyers following the frothy post-pandemic years, with houses becoming more selective, relying heavily on third-party guarantees, and facing greater buyer scrutiny on provenance and estimates. She also highlights the industry's expansion into new geographies like Saudi Arabia and new categories like luxury goods.

Uncertainty in the Art Market is Currently Extreme

"Im Moment ist die Verunsicherung auf dem Kunstmarkt extrem"

Prominent Cologne gallerist Gisela Capitain is celebrating her 40th anniversary amid a period of significant market volatility. In recent interviews, she reflects on her career—defined by long-term artist relationships like that with Martin Kippenberger—while critiquing the current state of the art world. She notes that buyers have become increasingly hesitant and deliberate, describing the current level of uncertainty in the art market as extreme and calling for reforms to institutions like Art Cologne.

Maurizio Cattelan opens a hotline to absolve us of our sins via WhatsApp

Maurizio Cattelan ouvre une hotline pour nous absoudre de nos péchés par WhatsApp

Italian provocateur Maurizio Cattelan has launched "The Confessional," an international hotline allowing participants to confess their sins via WhatsApp, SMS, or voice notes from April 2 to April 22, 2026. This participatory performance culminates in a livestream on April 23, where Cattelan will personally grant absolution to selected participants. The project coincides with the release of a limited edition of 666 miniature replicas of his infamous 1999 sculpture, "La Nona Ora," which depicts Pope John Paul II being struck by a meteorite.

From gallery to gavel: investment-grade art collection open to public

The Ann Bryant Art Gallery in East London, South Africa, is hosting a public viewing of an investment-grade art collection from a deceased estate before it goes to online auction through Thompson Property Sellers. The collection includes over 800 paintings, 600 collectables, a 1975 VW Beetle, and a 1976 Vespa, featuring works by artists such as Gabriel and Tinus de Jongh, Hargreaves Ntukwana, Amos Langdown, Christian Nice, Chris Tugwell, Jack Lugg, Tony Durheim, and Otto Klar. The event is part of the "Jazz in the City" festival, pairing jazz music with visual art to create a cultural experience.

Marcel Duchamp - Hommage à Caissa (for the Marcel Duchamp Fund of the American Chess Foundation), 1966

Marcel Duchamp - Hommage a Caissa (for the Marcel Duchamp Fund of the American Chess Foundation) , 1966

This rare 1966 silkscreen poster commemorates the "Hommage à Caissa" exhibition at New York’s Cordier & Ekstrom Gallery, a fundraiser organized by Marcel Duchamp for the American Chess Foundation. The event featured contributions from 36 iconic artists, including Salvador Dalí, Jasper Johns, and Alexander Calder, and is famously remembered for Andy Warhol’s uninvited "guerrilla attack" appearance with the Velvet Underground. The poster's design incorporates RSVP cards sent to participating artists, some featuring personal notes and autographs.