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basquiat ruscha sothebys now contemporary art sale may 2025 1234742440

Sotheby's three-part evening sale in New York on Thursday generated $186.1 million across 68 lots, landing near the high end of its $141 million to $204.9 million estimate. The sale included a focused 12-lot offering from the collection of late gallerist Barbara Gladstone, which sold all works without guarantees and totaled $18.5 million, and a 15-work guaranteed sale from dealer Daniella Luxembourg featuring postwar Italian artists, where Lucio Fontana's 'Concetto spaziale, La fine di Dio' (1963) achieved $14.5 million and Michelangelo Pistoletto's 'Maria Nuda' (1969) sold for $2.7 million after a five-minute bidding war.

rediscovered renoir auction 2720230

A rediscovered Renoir painting, *L'enfant et ses jouets – Gabrielle et le fils de l'artiste, Jean* (created before 1910), sold for over €1.8 million ($2 million) at Hôtel Drouot in Paris on November 25. The intimate portrait of Renoir's young son Jean with his nursemaid Gabrielle had remained in the same private collection for over a century, never before published or exhibited. It was offered by auctioneer Christophe Joron-Derem in the "Tableaux Modernes" sale and purchased by an international buyer, with the hammer price of €1.45 million falling within the presale estimate.

asian artists under 35 are doing at auction 2649912

A new analysis by The Asia Pivot reveals that total global auction sales for Asian artists born between 1990 and 1999 dropped to $9.7 million in 2024, the lowest level in three years. The market for these young artists shows clear signs of cooling, with 696 lots sold out of 1,128 offered, a 62% sell-through rate, and an average price per lot falling 26.5% year-over-year to $13,905. Top-ranked artists like Raghav Babbar and Anna Park saw steep price declines, while a few consistent performers like Yukimasa Ida, Sun Yitian, and Chris Huen Sin-Kan maintained strong market recognition.

christies auction first calculating machine blaise pascal 1234751200

Christie’s will auction a Pascaline, the first calculating machine in history, developed by Blaise Pascal in 1642, at a sale in Paris on November 19. The estimate for the box decorated with ebony sticks is €2 million to €3 million. This particular model, dedicated to survey calculations, is the only one in private hands among nine surviving originals, and it remains fully functional. The auction also includes 15 volumes of Pascal’s writings, including a first copy of *Pensées* (estimate €200,000–€300,000), and works by Descartes, Newton, and others.

yves bouvier de sarthe 91 works lawsuit 2726250

Swiss art dealer Yves Bouvier has filed a motion in federal court in Manhattan to recover 91 artworks valued at an estimated $100 million, which he claims were entrusted to French dealer Pascal de Sarthe. Bouvier is seeking to compel at least 15 banks and two major auction houses—Sotheby's and Christie's—to provide information about the artworks' whereabouts. The legal action, initiated in Hong Kong in October, targets de Sarthe, who disputes Bouvier's ownership. Bouvier alleges that after his long-running legal battle with Russian billionaire Dmitry Rybolovlev, he was blacklisted by auction houses and entered into an oral agreement with de Sarthe and dealer Jean Marc Peretti for custody of the artworks, but de Sarthe has allegedly failed to respond to inquiries. A Hong Kong hearing was held in early October for orders including injunction and preservation.

‘Halo effect’ of powerful art dealers’ collections boosts Sotheby’s sale

Sotheby's held a successful three-part evening auction in New York on May 15, 2025, achieving a total of $154.2 million in hammer sales ($186.1 million with fees), within its pre-sale estimate. The sale included 12 lots from the estate of late dealer Barbara Gladstone, which sold 100% for $15.1 million, and 15 works from the collection of Daniella Luxembourg, which brought $33.6 million. The main event, Sotheby's The Now and Contemporary evening auction, featured 41 lots—including works from the Dorothy and Roy Lichtenstein collection and three deaccessioned by US museums—and achieved a 93% sell-through rate, hammering $105.4 million. A standout was Andy Warhol's 'Flowers' (1964) from the Gladstone estate, which sold for $3.1 million hammer, more than double its high estimate.

De Sarthe to open new 10,000-square-foot gallery in Hong Kong’s Southside art district.

Hong Kong gallery De Sarthe has announced it will relocate to a larger 10,000-square-foot space in the Wong Chuk Hang neighborhood, opening September 20th in Vita Tower within the city’s Southside art district. The new gallery will feature separate exhibition areas for contemporary art and 20th-century masterworks, marking a major expansion as the gallery celebrates its 15th anniversary in Hong Kong. Founder Pascal de Sarthe emphasized the continued importance of physical gallery spaces for meaningful dialogue between artists and audiences, even in a digital age.

christies paris suspends sale pascaline calculating machine 1234762433

Christie’s Paris suspended the sale of a rare Pascaline calculating machine, one of only nine surviving examples built by 17th-century French mathematician Blaise Pascal, after a court-ordered export ban prevented it from leaving France. The device, expected to fetch between $2.3 million and $3.5 million, was part of an auction of the collection of late manuscript collector Léon Parcé. French scientists and researchers argued the calculator is a national treasure, prompting the ban despite an export certificate issued in May.