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The Venice Biennale’s Polite Fiction of Being ‘Above the Market’ Is Wearing Thin

The 61st Venice Biennale is underway, with art world figures flocking to Venice for the opening. While the Biennale is officially a non-selling curatorial platform, commercial interests are increasingly visible: galleries are funding artists' projects to recoup investments, auction houses like Christie's are hosting private selling exhibitions (including a 'Ghost Pavilion' at the Ca' Dario Palazzo), and fashion houses such as Bottega Veneta and Chanel are sponsoring events. Sotheby's has pulled support for the U.S. Pavilion, which is now crowdfunding, while Frieze is bankrolling the British Pavilion for a second time.

Lévy Gorvy Dayan Bets on Urgency With New LGD Hammer Sales Platform

Lévy Gorvy Dayan has launched LGD Hammer, a new sales platform that blends gallery exhibition with auction-style urgency. The first work offered is Willem de Kooning's *Milkmaid* (1984), estimated at $10–$15 million, which will be on view by appointment from May 2 until the sale on May 16. Gallery cofounder Dominique Lévy will serve as auctioneer, drawing on her Christie's experience, while bidding occurs by phone with online observation. Cofounder Brett Gorvy emphasized the platform is not a market overhaul but a response to slowed private sales and cautious collectors who still respond to competitive pressure.

How Will the Venice Biennale Impact Alma Allen’s Market?

Artist Alma Allen has been selected as America's representative at the Venice Biennale, sparking controversy due to the unusual selection process under President Trump. The pavilion is commissioned by the newly formed American Arts Conservancy, led by Jenni Parido, who previously ran a pet food lifestyle shop and entered Trump's orbit through Mar-a-Lago pet charity events. Following the announcement, Allen's galleries Olney Gleason and Mendes Wood DM dropped him, but he was quickly picked up by high-profile gallery Perrotin. The article examines how the Biennale and its attendant drama might affect Allen's market, noting his longtime collectors include Beth Rudin DeWoody, Peter Morton, Jack Pierson, and others, while his auction prices have remained modest.

Hunt Slonem | Me (2022) | For Sale

Hunt Slonem's painting "Me" (2022), a small oil-on-wood work from his signature Bunnies series, is listed for sale at $8,000 through OA Fine Art in Paris and Hong Kong. The piece measures 10 × 8 inches, is hand-signed and dated by the artist, and comes with a certificate of authenticity. Slonem, born in 1951, is known for Neo-Expressionist paintings featuring repeated birds, bunnies, and butterflies, influenced by Andy Warhol's Pop art seriality.

Online Auctions Continue to Draw in First-Time Art Buyers as Sales Grow

Online-only sales of fine art at Christie’s, Sotheby’s, Phillips, Bonhams, and Artnet Auctions reached $423.9 million in 2025, an 8 percent increase from 2024. The number of lots sold remained steady at 29,623, but the average price per work rose 8.6 percent to $14,309. Sales were 270 percent higher than in 2019, before the pandemic accelerated the shift to digital auctions. Christie’s reported that 63 percent of new buyers in 2025 made their first purchase online.

Online-Only Art Auctions Overwhelmingly Succeed in 2025

A new report from Artnet reveals that online-only auctions at Sotheby’s, Christie’s, Phillips, Bonhams, and Artnet Auctions generated $423.9 million in 2025, an 8% increase from 2024. The average price of artworks sold online also rose 8.6% to $14,309, with some platforms like Fair Warning finding success through hyper-specific sales, such as one centered on Andy Warhol’s 1974 portrait of Brigitte Bardot. Christie’s reported that 63% of new buyers made their first purchase online in 2025, where the average price point was $22,700.

TikTok Shop adds ‘fine art’ category—will it disrupt the art market?

TikTok Shop has launched a new "fine art" category within its collectibles section, allowing artists to sell original artworks directly through shoppable videos, photographs, and livestreams. The category debuted with a three-hour live sale by artist Sophie Tea, who created a series of 20 oil paintings titled *Bric-a-Brac* and sold them for £2,800 each. The sale faced technical glitches—items added to baskets were prematurely marked as sold, causing confusion—and required workarounds for TikTok's pricing caps, automatic discounts, and shipping policies.

Lucio Santiago | LA ESPERA (2015) | For Sale

Lucio Santiago's bronze sculpture "LA ESPERA" (2015) is listed for sale at US$3,400 through Bernardini Art Gallery & Auction House. The work measures 23 × 19 × 19 cm, is unique, and signed. Lucio Santiago, born in 1987 in Oaxaca de Juárez, is the son of artist Alejandro Santiago. His artistic training includes workshops in photography at the Manuel Álvarez Bravo center and with Katy McFadden, as well as graphic art at Gráfica Bambú and a three-year residency at La Ceiba in Xalapa. His first solo exhibition was in 2007, and he has since shown in Europe and the US. His work explores themes of life and death, incorporating wings, skeletons, mutilated bodies, and animals like eagles, fish, and coyotes.

New contemporary art auction to debut in Dubai this May

A new auction platform called Bam Auctions will launch in Dubai this May, with its inaugural sale held on Saturday at Bayt AlMamzar, an independent cultural space in a restored villa. The sale features 21 lots of contemporary art from the UAE and the wider region, including works by Jaber Al Azmeh, Manal Al Dowayan, and Hale Tenger, with estimates ranging from a few hundred to several thousand dollars. Bidding will be in person with remote options via phone, WhatsApp, and absentee bids.

Artnet et Artsy amorcent leur intégration

Artnet and Artsy, both acquired in 2025 by British fund Beowolff Capital, are beginning their integration under a shared management structure while maintaining separate brands and websites. The reorganization has already involved job cuts and aims to more closely align market data, online visibility, and transactions amid a fragile online art sales environment.

Chiang Hsin-Ching | Of Mountain and Sea II (2017) | For Sale

Taiwanese contemporary artist Chiang Hsin-Ching's 2017 ink-and-color-on-paper work "Of Mountain and Sea II" is being offered for sale by Hiraya Gallery (EU) for €20,000. The 175 × 96 cm piece, stamped by the artist's estate and accompanied by certificates of authenticity, is listed on Artsy with shipping from Taichung, Taiwan. Chiang, born in 1970 in Taichung, is a researcher at the Contemporary Ink Art Research Institute and has exhibited widely, including at the Kyocera Museum of Art in Kyoto, the Venice International Art Exhibition, and ART TAIPEI.