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Phillips Modern & Contemporary Sale Nets $115.2 M., With Strong Results for Women Artists

Phillips’ modern and contemporary art evening sale on Tuesday achieved $115.2 million against a presale estimate of $84.2 million, its highest since 2022. All 40 lots sold, with standout results for works by living artists like Joseph Yaeger, whose painting fetched $477,300 against a $60,000 estimate, and Anna Weyant, whose work sold for $980,400. Works by 20th-century female artists including Lee Bontecou, Olga de Amaral, and Helen Frankenthaler also exceeded expectations, with Bontecou’s pastel setting a record for a two-dimensional work by the artist at $4.3 million.

Artist Foundations’ Net Worth Has Nearly Tripled to $9 B., Led by Cy Twombly Foundation’s $1.5 B. in Art and Assets

New research from the Aspen Institute’s Artist-Endowed Foundation Initiative (AEFI) reveals that artist-endowed foundations in the U.S. now control roughly $9 billion in assets, nearly triple the $3.5 billion reported in 2011 and up 17% from $7.7 billion in 2018. The Cy Twombly Foundation leads with $1.5 billion in art and assets, followed by foundations for Alexander Calder, Joan Mitchell, Helen Frankenthaler, and Robert Rauschenberg, each holding over $500 million. The data, drawn from public tax forms, shows that just five of roughly 500 foundations account for more than half the total, with most established by postwar American artists born before 1931.

top lots david hockney

David Hockney's double portrait *Christopher Isherwood and Don Bachardy* (1968) sold for $44.34 million at Christie's New York on November 17, 2025, just shy of its $50 million high estimate. The sale ranks among the highest prices ever for the artist at auction. The article also reviews Hockney's top five auction results, including *The Splash* (1966), which fetched $29.92 million at Sotheby's London in 2020, and *Nichols Canyon* (1980), which sold for $41.07 million at Phillips New York in 2020. All five of Hockney's most expensive works have sold within the past seven years, reflecting sustained demand for his early and mid-career masterpieces.

new york auction measures

New York's spring auction season concluded with a dramatic five-day marathon across Sotheby's, Christie's, and Phillips, generating a combined $2.2 billion. Sotheby's led with $1.17 billion in total sales, fueled by Gustav Klimt's *Portrait of Elisabeth Lederer* (1914–16) from the estate of Leonard A. Lauder, which sold for $234.6 million—a single work accounting for 20% of Sotheby's total. Christie's followed with $962.6 million, and Phillips added $92.1 million. Notable highlights included Frida Kahlo's *El sueño (La cama)* (1940) achieving $54.7 million, a new record for the artist and the highest price for a female artist at auction in raw dollars, and a triceratops fossil named Cera selling for $5.4 million at Phillips.

simon de pury art market confidence

The article reports on the upcoming Art Basel in Miami Beach and the improved mood in the art market, driven by strong auction results. Sotheby's emerged as the clear winner over Christie's in the fall 2024 auctions, achieving over $2.2 billion in total sales across Sotheby's, Christie's, and Phillips. Key consignments included the Leonard Lauder Collection, featuring a record-making Klimt, a Frida Kahlo that became the highest-selling work by a woman artist, and Maurizio Cattelan's golden toilet. The article credits Sotheby's move into the Breuer building—formerly home to the Whitney, the Met, and the Frick—for enhancing the presentation and aura of the previews.

top 10 german art collectors

Artnet News has published a list of the top 10 German art collectors, coinciding with the opening of Art Cologne 2015. The list includes notable figures such as Frieder Burda, who opened his own museum in Baden-Baden; Nicolas Berggruen, the "homeless billionaire" who favors contemporary American and German artists; Christian and Karen Boros, who display their collection in a repurposed Berlin bunker; industrialist Reinhold Würth, whose collection spans from Renaissance to contemporary; former dealer Désiré Feuerle, known for his eclectic mix of Khmer sculpture and contemporary art; and Hasso Plattner, co-founder of SAP and a major collector of Impressionist and modern works.

maurizio cattelan america gold toilet auction

Maurizio Cattelan's 18-karat gold toilet sculpture, *America* (2016), sold at Sotheby's New York for $12.1 million to Ripley's Believe It or Not!, the entertainment franchise known for oddities. The work, consigned by hedge-fund manager Steve Cohen, was auctioned from the Breuer Building and drew long viewing lines. Despite a playful bidding process led by auctioneer Phyllis Kao, the final price fell short of Cattelan's auction record of $17.2 million set by *Him* (2001) at Christie's in 2016.

ripleys buys maurizio cattelan gold toilet sothebys

Ripley’s Believe It or Not! has been revealed as the buyer of Maurizio Cattelan’s 18-karat gold toilet sculpture “America” (2016), which sold for $12.1 million at Sotheby’s “Now & Contemporary” auction on November 18, 2025. The work, consigned by billionaire collector and Mets owner Steve Cohen, hammered at $10 million after a single bid, just above the value of its raw gold. Sotheby’s had previously only identified the buyer as a “Famous American Brand.” Ripley’s announced the acquisition on Instagram, calling it the most valuable object in its collection and noting plans for public display, possibly allowing visitors to sit on the fully functional toilet.

steve cohen consignor maurizio cattelan golden toilet sothebys

Top 200 Collector Steven A. Cohen has been revealed as the consignor of Maurizio Cattelan's golden toilet sculpture, *America* (2016), which will be auctioned at Sotheby's on November 18. The work, made of 18-karat gold and weighing over 100 kilograms, was purchased from Marian Goodman Gallery in 2017. It will be displayed in a bathroom at Sotheby's Breuer Building before the sale, with a starting bid expected around $10 million based on the price of its weight in gold. The piece has a notable history: one version was exhibited at the Guggenheim Museum, offered to the Trump White House as a loan alternative to a van Gogh painting, and another was stolen from Blenheim Palace in 2019, making Cohen's the only extant version.

consignors november 2025 new york sales christies sothebys

As the fall auction season returns to New York, Christie’s and Sotheby’s are preparing for evening sales amid an uneven art market. The article reveals key consignors behind major lots, including a Frida Kahlo painting from 1931, estimated at $6–8 million, owned by Miami-based Francisco and Fiorella Pérez Díaz, and three French Post-Impressionist works from the collection of the late Argentine patron Nelly Arrieta de Blaquier. The market context includes underwhelming results at Art Basel in Switzerland but strong attendance at Frieze London and Art Basel Paris, with collectors showing willingness to spend only on exceptional, well-priced works.

emily fisher landau sothebys preview

Sotheby's will auction the collection of Emily Fisher Landau, a prominent Whitney Museum board member and avid art collector who died in March at age 102. The sale, comprising about 120 works from her estate, is led by Pablo Picasso's "Femme à la montre" (1932), estimated at over $120 million, alongside major pieces by Ed Ruscha, Jasper Johns, Cy Twombly, Mark Rothko, Andy Warhol, and Glenn Ligon. Fisher Landau amassed roughly 1,200 works over decades, displayed at her private Fisher Landau Center for Art from 1991 to 2017, and donated 417 works to the Whitney in 2010 alone.

At Frieze New York, Business Plunks Along, Leonardo DiCaprio Alights

At the VIP opening of Frieze New York, collectors were present but subdued, with galleries presenting modest displays and sales proceeding at a sensible, sedate pace. Despite the lack of urgency, business has improved since last year, buoyed by upcoming top-tier auctions. Thaddaeus Ropac confirmed four early sales, including a George Baselitz canvas for €1.4 million and an Alex Katz work for $400,000. David Zwirner’s booth of Joe Bradley paintings was among the buzziest, with all works on hold by early afternoon, while Cindy Sherman photographs at Hauser & Wirth sold steadily. Leonardo DiCaprio made visits, and Kelly Sinnapah Mary’s paintings at James Cohan Gallery sold out, the largest to a museum.

painting female old master artemisia gentileschi sells 2 million

Artemisia Gentileschi's 17th-century painting 'Lucretia' sold for €1.88 million ($2 million) at Dorotheum's Old Master sale in Vienna, more than double its high estimate. The work, previously unseen in public, was acquired by an Australian collection, continuing a trend of strong auction results for the Baroque artist.

fog fair san francisco komal shah

At the opening of San Francisco's FOG Design and Art fair, prominent collector Komal Shah navigated the crowded aisles, stopping to chat with a who's who of the Bay Area art scene, including FOG founder Stanlee Gatti, ICA San Francisco director Ali Gass, and SFMOMA director Christopher Bedford. Shah, known for her collection focused on women artists, was scouting works with a handwritten list, considering pieces by Ruth Asawa and Joan Brown, though she passed on a $425,000 Asawa sculpture. The fair's gala serves as a fundraiser for SFMOMA, and Shah's collection is currently on view at the Berkeley Art Museum and Pacific Film Archive in the exhibition "Making Their Mark: Works from the Shah Garg Collection."

jeffrey deitch auction week

Art dealer Jeffrey Deitch shared his impressions of New York's $2.2 billion auction week, praising Sotheby's for its acquisition of the Breuer Building and the intimate atmosphere of its new salesroom. He highlighted the $527 million sale of Leonard A. Lauder's collection, the presence of major figures like Patrick Drahi, Larry Gagosian, and the Mugrabi clan, and lauded auctioneer Ollie Barker's skill. Deitch contrasted the experience with the old days of auction-going, noting the excitement and club-like feeling.

southern guild tribeca expansion 2025

Southern Guild, the prominent Cape Town gallery co-founded by Trevyn and Julian McGowan, is opening a new outpost in a restored 19th-century Tribeca townhouse on Leonard Street in New York. The expansion comes as the gallery closes its Los Angeles space, a move the McGowans describe as instinctive rather than strategic. The new space, with its sixteen-foot ceilings and exposed brick, represents a leap of faith amid a challenging 2025 art market marked by gallery closures and industry retrenchment.

abu dhabi art 2025 scene frieze sales

Abu Dhabi Art (ADA) held its final edition at Manarat Al Saadiyat before transitioning into a Frieze franchise in November 2025. The fair featured 53 new galleries, a Focus sector highlighting art scenes from Nigeria, Turkey, and South Asia, and a new Emerge section offering discounted booth prices for works under $3,000 to attract emerging collectors. The shift comes as Abu Dhabi’s cultural landscape moves beyond its iconic Saadiyat Island museums—Louvre Abu Dhabi, Zayed National Museum, and Guggenheim Abu Dhabi—toward more grassroots ventures like the MiZa warehouse district, which hosts experimental spaces such as MamarLab and Iris Projects. Mega-gallery Pace returned after a 14-year absence, citing renewed energy in the Gulf market.

abu dhabi art 2025

Abu Dhabi Art (ADA) opens its largest edition to VIPs on November 18 at Manarat Al Saadiyat, featuring 142 exhibitors—up from just over 100 last year. This is the final edition under the ADA name before it relaunches as Frieze Abu Dhabi in 2025, marking a major transition for the Gulf's art market. Key international dealers like Pace are returning after a long absence, and the fair includes works by Robert Indiana, Arlene Shechet, and a teamLab installation. The event comes as Art Basel also plans its 2026 debut in Qatar, signaling a broader regional shift.

another management shake up at sothebys asia and a rundown of the latest in asias art world

Sotheby's Asia faces another leadership shake-up as Elaine Holt departs her role as chairman of modern and contemporary art in Asia after just one year. Jasmine Prasetio, Sotheby's managing director for Southeast Asia, will relocate to Hong Kong to serve as interim chair. Meanwhile, European galleries Meyer Riegger and Galerie Jocelyn Wolff are partnering to open a new space in Seoul called Meyer Riegger Wolff, led by Gala Musi, with an inaugural show during Frieze Seoul. Design Miami will make its Asian debut in Seoul, and London-based artist Firenze Lai has joined White Cube's roster. In Taiwan, the Taichung Green Museumbrary, designed by SANAA, is set to open in December, and the Gwangju Biennale Foundation has appointed Youn Bummo as its new president.

state of the art market old masters and neo old masters

Artnet News, in collaboration with Morgan Stanley, analyzed auction data from the Artnet Price Database to assess the state of the European Old Master market since 2018. The investigation explores how efforts to contemporize Old Masters—through juxtapositions at art fairs like TEFAF and Masterpiece London, and gallery shows such as David Zwirner's 'Endless Enigma'—have correlated with market trends for Contemporary and Ultra-Contemporary artists whose work is visibly influenced by classical European art. The report also examines the impact of living artists inspired by Old Masters, suggesting that restricting analysis to historical works alone may underestimate their ongoing influence on the art market.

bass house art auction christies

Christie's is offering nine artworks from the collection of Anne and Sid Bass as part of its Spring Marquee Week in May. The works, which include pieces by Mark Rothko, Agnes Martin, Frank Stella, Ellsworth Kelly, Morris Louis, and Gino Severini, were displayed in the Bass House in Fort Worth, Texas—a Modernist residence designed by architect Paul Rudolph in the early 1970s. The house was built to serve both as a home and a gallery for the couple's renowned art collection.

paris galerie 1900 2000 closed new york branch

Galerie 1900-2000, a Parisian gallery specializing in Dada and Surrealism, has closed its New York branch on Madison Avenue, which opened in February 2023 as a joint venture with Galerie Georges-Philippe & Nathalie Vallois. The Manhattan outpost's last exhibition ended in September, with principal David Fleiss citing a slow market during difficult global times as the reason for the closure, though he did not rule out a future return to New York.

these printers share stories of helping artists bring their visions to life

Artnet Auctions' Premier Prints and Multiples: Summer Edition sale, open for bidding through April 3, 2025, features iconic works on paper by artists such as Jonas Wood and Lynda Benglis. The article highlights the collaborative process between artists and printers, with firsthand accounts from Emmett Walsh of Ollin Editions and a publisher who worked with Lynda Benglis on a tapestry based on her painting *Rajesh in Rajasthan* (2012–2016). Walsh describes producing Wood's 112-color silkscreen *Kitchen Interior* (2022) over 20 months, while the other publisher recounts a three-year search for weavers to create Benglis's detailed rug.

asia pivot art news july

Art Collaboration Kyoto announced 72 exhibitors for its fifth edition, with 25 first-time participants. Patti Wong, former Sotheby's executive, launched New Perspectives Art Partners with Ed Dolman, Brett Gorvy, and others. Art Fair Tokyo's 20th edition saw sales of ¥2.86 billion, down 10% from last year. Lisa Horikawa and Mizuki Takahashi were appointed co-curators of Japan's pavilion at the Venice Biennale. The Sharjah Art Foundation named Angela Harutyunyan and Paula Nascimento curators of the 17th Sharjah Biennial. YDP, a new non-profit space in London, will open with a solo show by Duan Jianyu. At Sotheby's London, Yu Nishimura's painting sold for £292,100. Hong Kong collector Adrian Cheng resigned from New World Development's board.

christies auction anne sid bass mark rothko paul rudolph

Christie’s will sell nine works from the Bass House, a Fort Worth, Texas home designed by architect Paul Rudolph for collectors Sid and Anne Bass, in its 20th century evening sale this May in New York. The group, with estimates totaling over $60 million, includes pieces by Mark Rothko, Alexander Calder, Ellsworth Kelly, Frank Stella, Agnes Martin, Gino Severini, and Morris Louis, with the top lot being Rothko’s *No. 4 (Two Dominants) [Orange, Plum, Black]* (1950–51) estimated at around $35 million. The works were carefully placed throughout the house, which was custom-built to prioritize art display, and most remained in their original positions after installation.

the stakes are high for emerging galleries at frieze some are selling others arent as lucky

At Frieze London, emerging galleries in the Focus section face high financial pressure, with booth costs reaching £6,750 ($9,000). While some dealers reported strong sales—such as London's Ginny on Frederick, which sold out both works by Alex Margo Arden, and Brunette Coleman, which also sold out—others were reluctant to disclose results. Several unnamed dealers admitted to selling nothing or only a single work, highlighting a stark divide between success and struggle among smaller exhibitors.

Under new ownership, Art Monte Carlo voices 'global ambitions'

The 10th edition of Art Monte Carlo took place from April 29 to May 1 in the Grimaldi Forum, featuring 26 exhibitors ranging from Old Master paintings to contemporary works by Picasso, Warhol, and Richter. The fair was acquired last year by Informa Prestige, a luxury offshoot of Informa, which also owns Miami's Untitled fair. Executive chair John Paton aims to grow the fair, nearly double its size within two years, and expand to another location, leveraging complementary audiences from yachting and supercars.

Inside ‘Prince of Prints’ Jordan Schnitzer’s Sprawling Collection

Jordan Schnitzer, the Portland-based philanthropist often called the 'Prince of Prints,' recently provided a rare tour of his massive 50,000-square-foot art warehouse. The facility utilizes a sophisticated 'floating bin' logistics system, similar to those used by major retailers, to manage over 22,000 works, including extensive holdings by Andy Warhol, Joseph Beuys, and Richard Prince. Schnitzer’s foundation operates as a lending library, frequently shipping works to museums and hosting educational tours for students from districts where arts funding has been eliminated.

shanghai art021 west bund art recap

Shanghai's West Bund Art & Design fair and Art021 opened last week with unexpectedly strong sales, despite economic headwinds and regional competition. Many galleries reported brisk first-day sales, with Thaddaeus Ropac placing five works including a Martha Jungwirth painting for €500,000, and Hauser & Worth selling two works for over $1 million. However, major blue-chip galleries like Gagosian and Pace opted out entirely, while others like Almine Rech, White Cube, and David Zwirner scaled back their participation. The fairs took place against a backdrop of China's ongoing property slump and the overlapping Art Collaboration Kyoto, which siphoned attention from international collectors.

art basel paris avant premiere vip sales report

Art Basel Paris launched a new ultra-exclusive invitation-only preview called Avant Première, held one day before the official VIP preview. The four-hour event on Tuesday afternoon saw strong sales, with Thaddaeus Ropac selling works including a 1953 Alberto Burri for €4.2 million and two George Baselitz pieces, while Hauser & Wirth sold Gerhard Richter's 1987 *Abstraktes Bild* for $23 million, the highest reported sale. The fair limited each gallery to six invites with plus-ones, resulting in an estimated 3,000 attendees compared to 6,000 for the regular First Choice preview, creating a more manageable and urgent atmosphere.