Art News. Vasari Codex

trending_up market schedule Jan 26, 2026 visibility 23 link 7 artists, 1 gallery

art market minute jan 26

The article reports on a growing trend in the art world called a 'strategic pause,' where galleries and art fairs are temporarily suspending operations to reassess their futures. Vienna's Spark Art Fair announced a hiatus, Berlin dealer Mehdi Choukri is pausing exhibitions at his 30-year-old gallery, and the Art Dealers Association of America's Art Show skipped a year to 'reimagine' its direction. Additionally, the Metropolitan Opera in New York is considering selling its iconic Marc Chagall murals, and a fresh-to-market Magritte painting is heading to Christie's London.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 20, 2026 visibility 52 link 6 artists, 1 gallery

The shifting market for luxury: can legacy brands navigate new trends and buyers?

Bénédicte Épinay, president and CEO of Comité Colbert, is organizing 'Hidden Treasures,' an exhibition of French luxury brands at The Shed in New York in late May 2025, timed after Frieze art fair and auction week. The show features 96 French luxury brands, 17 cultural institutions, and six European luxury brands, including Musée du Louvre, Balenciaga, Louis Vuitton, and Cartier. The initiative is part of a broader cultural diplomacy strategy, following a similar exhibition in Shanghai in 2024 that helped reduce tariffs on cognac. The article also notes shifting luxury market dynamics, with strong US sales growth projected at 8% in 2026, while Europe remains stagnant, and emerging markets like India show new wealthy buyers driving auction house growth.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Feb 12, 2026 visibility 30 link 11 artists

sothebys royal academy of art sale

Sotheby's will auction ten works donated by Royal Academicians during its London spring sales to raise funds for the financially struggling Royal Academy of Arts. The sale, with a cumulative high estimate of £2.6 million, includes major works by El Anatsui, Sean Scully, William Kentridge, Tony Cragg, Georg Baselitz, Anish Kapoor, Mimmo Paladino, and Jeff Koons.

newspaper ARTnews open_in_new Read original

trending_up market schedule Jul 3, 2025 visibility 21 link 15 artists

kenneth griffin 13th amendment emancipation proclamation sothebys

Billionaire hedge funder and art collector Kenneth Griffin revealed he was the buyer of record-breaking copies of the Emancipation Proclamation and the Thirteenth Amendment, both signed by President Abraham Lincoln, at a Sotheby's New York auction. The Thirteenth Amendment sold for $13.7 million, more than five times the previous record, while the Emancipation Proclamation fetched $4.4 million. Griffin, founder of Citadel, is an avid collector of rare historical documents and high-value art, having previously purchased a copy of the U.S. Constitution for $43.2 million and major works by artists like Willem de Kooning, Jackson Pollock, and Jean-Michel Basquiat.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 1, 2026 visibility 28 link 4 artists

Metropolitan Museum of Art Announces $23M. Gift from Top 200 Collectors Jennifer Rubio and Stewart Butterfield

Jennifer Rubio and Stewart Butterfield, both listed on ARTnews's Top 200 Collectors, have pledged $23 million to the Metropolitan Museum of Art. Rubio, founder of Away, and Butterfield, co-founder of Flickr and Slack, made the donation just two months after Rubio became a Met trustee. The gift will fund the museum's internship program, ensuring all undergraduate and graduate internships are fully paid positions, building on a previous $5 million gift from Adrienne Arsht.

newspaper ARTnews open_in_new Read original

trending_up market schedule Feb 5, 2026 visibility 12 link 6 artists, 1 gallery

bob ross second bonhams auction

A trio of Bob Ross paintings sold for over $1 million at Bonhams' “Americana” auction on January 27, 2026, with proceeds benefiting American Public Television (APT). The top lot, *Change of Seasons* (1990), fetched $787,900—more than 13 times its high estimate—followed by *Babbling Brook* (1993) at $279,900 and *Valley View* (1990) at $203,700. The sale follows APT's record-breaking November auction and is part of a series of 24 Ross paintings to be offered throughout the year.

newspaper Artnet News open_in_new Read original

trending_up market schedule Apr 23, 2025 visibility 14 link 2 artists, 1 gallery

billionaire art collector ken griffin us eroding brand

Billionaire art collector and Citadel CEO Ken Griffin stated that the United States is “eroding” its brand due to economic policy changes during President Donald Trump’s first 100 days. Speaking at Semafor’s World Economy Summit on April 23, Griffin warned that the reputation and creditworthiness of US Treasuries are at risk, citing recent tariff-driven sell-offs of government bonds. He expressed concern about policy volatility undermining the goal of reshoring manufacturing and noted that investors using the euro as a reference have lost 20% of their value in four weeks. Griffin also voiced support for DOGE, the Department of Government Efficiency led by Elon Musk, which has recommended cuts to the National Endowment for the Humanities.

newspaper ARTnews open_in_new Read original

trending_up market schedule Aug 15, 2025 visibility 34 link 22 artists

Christie's to offer the Collection of visionary Danish collector Ole Faarup as a key highlight of its October 20/21 Marquee Week - Christie's

Christie's will auction the collection of Danish collector Ole Faarup during its October 2025 Marquee Week, featuring around 140 lots with an overall estimate of £16–22 million. Highlights include major works by Peter Doig, Chris Ofili, and Jean-Michel Basquiat, alongside Danish and international artists. Proceeds from the sale will benefit The Ole Faarup Art Foundation, which supports emerging artists and cultural institutions.

newspaper Press center open_in_new Read original

trending_up market schedule Oct 2, 2025 visibility 12 link 1 artist

sothebys sells york avenue hq weill cornell breuer move

Sotheby's has sold its longtime New York headquarters at 1334 York Avenue to Weill Cornell Medicine, marking the final step in a major real estate transformation. The auction house will lease back floors 7–10 under a long-term lease while relocating its global headquarters to the Breuer Building at 945 Madison Avenue, which opens November 8 with a blockbuster exhibition. Sotheby's also acquired Gantry Point, a 240,000-square-foot complex in Long Island City, in 2023. CEO Charles Stewart stated the sale proceeds will reduce debt and invest in core business.

newspaper ARTnews open_in_new Read original

trending_up market schedule Jul 23, 2025 visibility 33 link 28 artists, 3 galleries

Waddington Custot to open in Paris ahead of Art Basel Paris

Waddington Custot has announced it will open a new gallery at 36 rue de Seine in Paris, occupying the historic space formerly home to Lansberg Gallery in the 6th arrondissement. The gallery is set to open in October 2025, ahead of Art Basel Paris, and will be managed by Isaure de Roquefeuil and Antoine Clavé. The inaugural exhibition will focus on the Nabis painters, followed by a group show of modern and contemporary artists. The 200-square-meter space is located in the Saint-Germain-des-Prés district. (Note: The opening has since been rescheduled to early 2026.)

newspaper FAD Magazine open_in_new Read original

trending_up market schedule Oct 15, 2025 visibility 17

courtauld gallery and institute in london receives record breaking 30 m donation from reuben foundation

London's Courtauld Gallery and Institute has received a £30 million ($40.06 million) donation from the Reuben Foundation, the largest gift in its 93-year history. The foundation, established by billionaire brothers David and Simon Reuben, will also share their extensive art collection to support future exhibitions as part of a long-term partnership. The donation will help fund the refurbishment of the Courtauld's academic wing, which still requires an additional £65 million to complete.

newspaper ARTnews open_in_new Read original

trending_up market schedule Apr 22, 2026 visibility 18 link 3 artists

Jennifer Gilbert selling art worth millions to aid Detroit nonprofit

Detroit philanthropist and entrepreneur Jennifer Gilbert is selling major artworks from her personal collection at Sotheby’s this spring, with proceeds going to Lumana, a new Detroit-based arts nonprofit she founded. The collection will be offered across multiple sales, including The Now and Contemporary Evening Auction and Contemporary Day Auction in May, followed by Important Design in June. Highlights include Kenneth Noland’s 1958 painting “Circle” (estimated $4–6 million, a record for the artist) and Joan Mitchell’s 1976 painting “Loom II” (estimated $5–7 million).

newspaper Detroit Free Press open_in_new Read original

trending_up market schedule Sep 19, 2025 visibility 31 link 14 artists

Japanese museum’s collection of Western art could bring $60m at auction

The Kawamura Memorial DIC Museum of Art, a private museum near Tokyo that closed permanently in March 2025, has consigned 80 works from its collection of Western modernism to Christie’s. The consignment is expected to generate at least $60 million across multiple sales in New York this autumn, led by a 1907 Claude Monet *Nymphéas* painting estimated at $40 million. Other highlights include a Pierre-Auguste Renoir *Baigneuse* from 1891, two Marc Chagall paintings, and works by artists such as Mark Rothko, Pablo Picasso, and Cy Twombly. The museum’s parent company, DIC Corporation, plans to retain only about 100 works and sell the remaining roughly 280 pieces gradually.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Jul 9, 2025 visibility 11

The Picture Isn’t Pretty for Art. Sales Are in a Deep Slump.

The article reports that the art market is experiencing a significant downturn, with sales in a deep slump. It highlights declining auction results and weakening demand across major sectors, reflecting broader economic pressures on the art world.

newspaper Barron's open_in_new Read original

trending_up market schedule May 20, 2026 visibility 8

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