Art News. Vasari Codex

trending_up market schedule May 22, 2026 visibility 35 link 21 artists, 8 galleries

Eyes Wide Open! Kenny Schachter Dishes on Delinquent Dealers, Secret Deals, and That Other ‘Salvator Mundi’

Kenny Schachter offers a sardonic, first-person account of the spring 2025 art season in New York, weaving together observations from auctions, art fairs, and gallery openings. He notes brisk business at Sotheby's and Phillips, citing specific sales like James Ensor's tiny "Still life with Stingray" ($140,800) and Georgia O'Keeffe's double-sided "Maple Leaves and Flowering Cactus" ($1.68 million). Schachter also recounts his experience at Larry Gagosian's new Madison Avenue gallery, where security guards outnumbered the artworks, and reflects on the broader economic climate, including a tax lawyer moonlighting as a 3-D printer for his own sculpture project. He contrasts the wealthiest collectors—one driving a Lamborghini but staying at a Holiday Inn Express—with dealers wearing grim faces at TEFAF, painting a picture of a bifurcated art economy.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 21, 2026 visibility 13 link 17 artists, 1 gallery

Richter and Judd works top Christie's solid if not stellar sale of post-war and contemporary art

Christie’s held a two-part evening sale on May 20, featuring 42 lots from the estate of dealer Marian Goodman and the single-owner collection of Henry S. McNeil Jr. The auction achieved a hammer total of $132 million ($162.6 million with fees), just above the low end of its pre-sale estimate. The top lot was Donald Judd’s untitled plexiglass and copper stack sculpture, which sold for $12.8 million with fees, setting a new record for a Judd stack at auction. A surprise standout was Richard Artschwager’s Two-Part Invention (1967), which hammered at $500,000—more than six times its high estimate. The McNeil collection achieved a white-glove sale, while all but two of the eight Gerhard Richter works from the Goodman collection were guaranteed by third parties.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule May 12, 2026 visibility 33 link 66 artists, 3 galleries

The Top Collections Leading the May Marquee Auctions

The article reports that the May 2025 marquee auctions at Christie's and Sotheby's are being driven by a resurgence of major single-owner collections, reversing a period of trophy scarcity in the secondary market. Key collections include the $130 million Robert E. Mnuchin collection at Sotheby's, the personal collection of gallerist Marian Goodman at Christie's, and the S.I. Newhouse collection expected to generate around $450 million, featuring Jackson Pollock's 'Number 7A (1948)' and Constantin Brancusi's 'Danaïde (1913)'. The article notes that the ultra-high tier above $10 million rose 30% year-on-year, and single-owner collections in New York auctions totaled $730.9 million, an 89.9% increase from Q1 2025.

newspaper observer.com open_in_new Read original

trending_up market schedule May 26, 2026 visibility 3 link 7 artists

"Es ist nur die Frage: Bist du reich genug oder nicht?"

A Christie's auction in New York saw Jackson Pollock's "Number 7A" sell for approximately $181 million, contributing to a total of $1.1 billion in sales for the evening. The auction, covered by Vanity Fair and the New York Times, featured intense bidding between figures like Iwan Wirth and Alex Rotter, while names such as Jeff Bezos and Ken Griffin were speculated to be involved. Combined with sales from Sotheby's and Phillips, the week generated around $2.5 billion. Meanwhile, a separate controversy erupted in France over artist Claire Tabouret's new stained-glass windows for Notre-Dame Cathedral, with critics arguing they violate heritage protection laws. Additionally, the Fondation Beyeler faces allegations that a Cézanne watercolor in its current exhibition may be Nazi-looted art from the collection of Jewish paper wholesaler Gustav Schweitzer.

newspaper Monopol open_in_new Read original

trending_up market schedule May 19, 2026 visibility 10 link 5 artists, 1 gallery

Art Lender Accuses Maddox Gallery of Inflating Value of Art Used as Collateral—’Bizarre and Irrational’ Claim, Says Gallery

Luxury Asset Capital (LAC) has filed a civil complaint in the US District Court for the Southern District of New York accusing Maddox Gallery of inflating the value of artworks used as collateral for loans. The dispute stems from a 2023 deal in which Maddox provided substitute collateral—works by Duncan McCormick and Albert Willem—in exchange for a George Condo painting previously held by LAC. LAC alleges that Maddox engaged in a "pump and dump" scheme, artificially bidding up auction prices for McCormick and Willem works to 10–15 times pre-sale estimates, then using those inflated values to justify trades. After the alleged bid-rigging stopped, auction prices fell, and LAC claims it is left with works worth only a fraction of what Maddox represented. Maddox Gallery co-founder Nick Sharp denies the claims as "bizarre and irrational," calling the lawsuit a baseless attempt to unwind a voluntary agreement.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 26, 2026 visibility 3 link 4 artists

Taiwanese Pop Star Is the Buyer of $20 M. Matisse Painting at Sotheby’s

Taiwanese pop star Jay Chou revealed himself as the buyer of Henri Matisse's 1924 painting *La Séance du Matin* at Sotheby's modern art evening sale, where it sold for $20 million before fees ($21.2 million with fees). Chou, who guaranteed the work, received an $800,000 rebate and shared his emotional connection to the piece on Instagram, recalling visits to Matisse's home in Nice. The sale was part of a larger auction that also featured another Matisse, *La Chaise lorraine* (ca. 1919), which sold for $48.4 million.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 5, 2026 visibility 21 link 5 artists

Treasures From Matthew Perry’s Estate Head to Auction for a Good Cause

Heritage Auctions will sell a trove of artifacts from Matthew Perry's estate starting June 5, including scripts and memorabilia from the sitcom *Friends*, artworks by Banksy and Mel Bochner, and personal items like a 3D portrait of his invented superhero "Mattman." Proceeds benefit the Matthew Perry Foundation, a nonprofit focused on ending addiction stigma and expanding access to evidence-based care, founded after the actor's death in 2023.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 18, 2026 visibility 4 link 2 artists

Pollock and Brancusi Join the $100 Million Club at Auction

A drip painting by Jackson Pollock sold for $181.2 million with fees, and a bronze head by Constantin Brancusi from the S.I. Newhouse collection fetched $107.6 million at Christie’s, both joining the $100 million club at auction.

newspaper New York Times Art open_in_new Read original

trending_up market schedule May 19, 2026 visibility 6 link 4 artists

Christie’s Auction Rakes in $1.1 Billion as Pollock Sells For Triple Record Price

Christie’s generated $1.1 billion in back-to-back evening sales on May 18, driven by record-breaking prices for major artworks. The top lot was Jackson Pollock’s 1948 drip painting *Number 7A*, which sold for $181.2 million with fees, tripling the artist’s previous auction record. Other highlights included Constantin Brancusi’s *Danaïde* (ca. 1913) at $107.6 million, Mark Rothko’s *No. 15 (Two Greens and Red Stripe)* (1964) at $98.4 million, and Alice Neel’s *Mother and Child (Nancy and Olivia)* (1967) at $5.7 million. The sales featured works from the collections of S. I. Newhouse and Agnes Gund.

newspaper Artforum open_in_new Read original

trending_up market schedule May 19, 2026 visibility 7 link 14 artists

Modern Art + Design Draw Active Bidders At Eldred’s

Eldred’s auction house held its Modern Art + Design sale on May 7, featuring 245 lots of art, furniture, decorative arts, rugs and collectibles. The sale achieved a total of $221,740 with an 81% sell-through rate, driven by active phone, online, and absentee bidding. Top lots included a Tiffany Studios Nautilus table lamp that sold for $23,040 (more than three times its estimate), a Handel reverse-painted glass table lamp that reached $10,880 against a $800–$1,200 estimate, and Frank Stella’s “Aiolio” from his “Imaginary Places III” series, which fetched $17,920. An abstract oil on canvas by Manabu Mabe also performed strongly, selling for $14,080.

newspaper Antiques And The Arts Weekly open_in_new Read original

trending_up market schedule May 19, 2026 visibility 6 link 7 artists

Comment un père et sa fille ont dupé le marché de l’art avec de faux Picasso et Banksy

A Polish father-daughter duo, Erwin Bankowski (50) and Karolina Bankowska (26), orchestrated a major art forgery scheme between 2020 and 2025, selling over 200 fake artworks attributed to Andy Warhol, Banksy, Pablo Picasso, Andrew Wyeth, and others through top auction houses and galleries in New York and across the United States. They pleaded guilty in federal court in Brooklyn to conspiracy to commit wire fraud and misrepresentation of Native American goods, facing up to 20 years in prison, with sentencing set for August 5. The fakes, produced by an unidentified Polish artist, were sold for at least $2 million, with the highest known sale being a fake Richard Mayhew landscape that fetched $160,000 at DuMouchelles in Detroit.

newspaper Le Journal des Arts open_in_new Read original

trending_up market schedule May 19, 2026 visibility 12 link 9 artists

Jackson Pollock breaks auction record with $181 million painting.

Jackson Pollock's painting *Number 7A* (1948) sold for $181.2 million at Christie’s in New York, shattering the previous auction record for the Abstract Expressionist artist by nearly three times. The evening sales also set new auction records for Mark Rothko and Constantin Brâncuși, and realized over $1 billion in a single evening, only the second time in auction history that threshold has been crossed.

newspaper Artsy Editorial open_in_new Read original

trending_up market schedule May 25, 2026 visibility 5

How Art Auctions Choreographed a $2.5 Billion Comeback

Major auction houses orchestrated a $2.5 billion comeback in the 2024 season after four years of uneven sales, according to a New York Times analysis. The recovery was engineered by redefining buyer and seller expectations, with houses adjusting estimates, guarantees, and sale structures to stimulate demand and close high-value transactions.

newspaper New York Times Art open_in_new Read original

trending_up market schedule May 13, 2026 visibility 13

Can Three Auction Houses Sell $2.6 Billion Worth of Art in One Week?

The New York Times reports that three major auction houses are poised to sell $2.6 billion worth of art in a single week during the spring season, driven by five luxury artworks. The sales are among the most anticipated in years, with major buyers shifting focus away from female and younger artists toward more traditional, established names.

newspaper New York Times Art open_in_new Read original

trending_up market schedule May 7, 2026 visibility 14

Dealers Face a Choice: Show Solo Artists? Or Groups?

Art dealers are weighing the strategic decision of whether to present solo artist booths or group shows at art fairs. Solo booths allow visitors to focus deeply on a single artist's work, avoiding the sensory overload of multiple artists, while group booths offer variety and broader market appeal. The choice often varies depending on the fair and the dealer's goals.

newspaper New York Times Art open_in_new Read original

trending_up market schedule May 7, 2026 visibility 14

Uncertainty, But Also Optimism, Mark New York Art Week

New York Art Week in May will feature high-value auction items and several major private collections going to market, serving as a key indicator of the art market's health amid current economic and political uncertainty. The event brings together galleries, auction houses, and collectors for a concentrated period of sales and exhibitions.

newspaper New York Times Art open_in_new Read original

trending_up market schedule May 5, 2026 visibility 15

Does the art market need AI?

The article explores the growing role of artificial intelligence in the art market, examining whether AI tools can effectively assist with tasks such as authentication, valuation, and trend prediction. It discusses the potential benefits of AI in streamlining operations and reducing human bias, while also acknowledging skepticism from traditionalists who question AI's ability to understand artistic nuance and cultural context.

newspaper Financial Times open_in_new Read original

trending_up market schedule May 27, 2026

Why Anita Zabludowicz is putting £20mn of art up for auction

Anita Zabludowicz is selling £20 million worth of art at Christie’s London summer auction. The collection includes works by prominent contemporary artists, and the sale is expected to be a major event in the art market calendar.

newspaper Financial Times Visual Arts open_in_new Read original

trending_up market schedule May 20, 2026 visibility 6

David Sainsbury’s £90mn gift heralds a boom in museum mega-donations

David Sainsbury, the supermarket heir and philanthropist, has donated £90 million to fund the renewal of the Sainsbury Centre in Norwich. This gift is the latest in a series of substantial donations to UK museums, signaling a surge in mega-donations from wealthy individuals supporting cultural institutions.

newspaper Financial Times Visual Arts open_in_new Read original