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art ralph deluca photography market

Art advisor Ralph DeLuca, in his column "Street Smarts" for Cultured, analyzes the struggling photography market. He notes that photography auction sales have plummeted from a peak of $230.5 million in 2014 to just $116.9 million in 2024, attributing the decline partly to smartphones making photography seem effortless. DeLuca, who owns over 20,000 photographs, argues this downturn presents a rare buying opportunity for collectors to build museum-quality collections at lower prices.

sothebys sets new world record for photography auction 199945

Sotheby's New York held a single-owner auction titled "175 Masterworks To Celebrate 175 Years of Photography: Property from Joy of Giving Something Foundation" on December 11 and 12, achieving a world record for a photography auction. The sale grossed $21,325,063, surpassing its presale estimate of $13–20 million and beating the previous record of $15 million set by a Sotheby's sale in 2006. The collection came from the late American financier Howard Stein, who founded the Joy of Giving Something Foundation in 1999. The auction had a strong sell-through rate of 90.3 percent by lot and 94.9 percent by value, with top lots including Alvin Langdon Coburn's "Shadows and Reflections, Venice" (1905) at $965,000 and August Sander's "Handlanger" at $749,000. Several female photographers set new records, including Tina Modotti, Julia Margaret Cameron, and Lee Miller.

Stockholms Auktionsverk Presents: The Modern Art Sale and The Contemporary Art Sale

Stockholms Auktionsverk is holding two live auctions, The Modern Art Sale and The Contemporary Art Sale, on May 20 and 21, 2026, at Nybrogatan 32 in Stockholm. The sales feature a curated selection of Swedish and international artists from the early 20th century to the present day, including works by Andy Warhol, Jasper Johns, Tony Cragg, Lena Cronqvist, and a newly discovered painting by Gösta Adrian-Nilsson. The Modern Art Sale highlights modernist masterpieces by Otte Sköld, Sigrid Hjertén, and Ragnar Sandberg, while The Contemporary Art Sale pays tribute to Ola Billgren and includes works by David LaChapelle, Cindy Sherman, and Britta Marakatt-Labba.