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kenny schachter aucton sales column

Kenny Schachter's column reveals that Jeff Bezos secretly bought Frida Kahlo's 1941 painting *Me and My Parrot* for over $130 million in a private auction hosted by Christie's in 2021, and that Mark Zuckerberg recently purchased René Magritte's 1964 painting *Le fils de l'homme* (The Son of Man) for roughly $150 million in another private treaty sale negotiated by Christie's. The article also discusses a new private auction Christie's is organizing for a major Magritte work valued north of $50 million, and critiques the growing influence of tech billionaires—the "Magnificent 7"—on the art market.

Artnet and Artsy Come Together Under Shared Leadership

Artnet and Artsy, two of the most influential digital platforms in the art world, have merged under a single leadership structure following a series of acquisitions by Beowolff Capital. Jeffrey Yin has been appointed CEO of the unified company, while Beowolff founder Andrew Wolff will serve as chairman. Despite the shared management, both entities will maintain their distinct branding, with Artnet focusing on market data and journalism while Artsy continues its emphasis on art discovery and e-commerce.

10 artists liaisons picks june 2023

Artnet News has published a curated list of ten artists selected by their gallery liaisons in June 2023. The featured artists include Amy Barker, Meron Engida, Liam Everett, Franziska Furter, Iulian Bisericaru, Anne Rowland, Jim Richard, Isamu Kenmochi, Rita Maas, and Kyle Dunn, with works ranging from paintings to design objects. The artworks are available through the Artnet Gallery Network, which connects buyers with galleries worldwide, from Tokyo to Zurich, New Canaan to Paris.

This Contemporary Icons Auction Packs Blue-Chip Firepower

Artnet Auctions has launched "Contemporary Icons: Part II," a summer auction now live for bidding through August 20, 2025. The sale features over 100 lots from a single private collection, including works by blue-chip artists such as Rashid Johnson, Jean-Michel Basquiat, Shara Hughes, Marilyn Minter, Tunji Adeniyi-Jones, and Jean-Baptiste Bernadet. Highlights include Johnson's "Write me In" (est. $120,000–$180,000) and Adeniyi-Jones's "ESHU" (est. $60,000–$80,000). Head of post-war and contemporary art Johannes Vogt noted the rarity of an online auction offering so many lots from one cohesive collection, with most pieces acquired in the last 15 to 20 years.

End of investment art? Why the bottom of the market is flourishing

The art market in 2024 saw an aggregate 12% decline in sales to an estimated $57.5bn, driven by a slowdown at the ultra-premium end, according to the Art Basel and UBS Art Market Report and Artprice. However, the lower end of the market is flourishing: auction sales of works under $5,000 grew 7%, dealers with turnover under $250,000 reported a 17% increase, and sales of works under $20,000 reached record levels. Online platforms like Avant Arte, which sold $23m in print and sculpture editions (up 53% year-on-year), are key drivers, attracting younger and first-time collectors with affordable, editioned works.

KAWS | BEAUTIFUL LOSERS EXHIBITION POSTER (2004) | Art & Prints

An auction listing for KAWS's "Beautiful Losers Exhibition Poster" (2004) is featured on a digital marketplace, with bidding having ended. The work is an offset lithograph in color, measuring 17 × 11 inches, published by the Contemporary Arts Center, Cincinnati. The listing includes a detailed biography of KAWS (born Brian Donnelly), highlighting his career from street art subversion in the 1990s to high-profile brand collaborations with Nike, Uniqlo, and Dior, and his record auction sale of $14.8 million at Sotheby's in 2019.

India’s art market sees major resurgence in 2025; M F Hussain’s work breaks record

India's art market experienced a major resurgence in 2025, driven by record auction sales for modernists like M.F. Husain, Tyeb Mehta, and V.S. Gaitonde. Husain's 'Gram Yatra' became the first Indian painting to sell for over USD 10 million, setting a new benchmark. The boom is fueled by India's strong economy, rising private wealth, digital platforms, and increased global recognition. The India Art Fair in Delhi and the launch of India Art Fair Contemporary in Mumbai highlighted strong sales, with galleries selling 90% of their stands on preview day. A reduction in India's goods and services tax on art from 12% to 5% further boosted the market, while independent reports estimate Indian art auctions reached Rs 2,456.7 crore, up over 20% from the previous year.

Online Auctions Continue to Draw in First-Time Art Buyers as Sales Grow

Online-only sales of fine art at Christie’s, Sotheby’s, Phillips, Bonhams, and Artnet Auctions reached $423.9 million in 2025, an 8 percent increase from 2024. The number of lots sold remained steady at 29,623, but the average price per work rose 8.6 percent to $14,309. Sales were 270 percent higher than in 2019, before the pandemic accelerated the shift to digital auctions. Christie’s reported that 63 percent of new buyers in 2025 made their first purchase online.

Hamed Abdalla | Al Beous, Misery (1961) | For Sale

Hamed Abdalla's 1961 work "Al Beous, Misery" is being offered for sale through Mark Hachem Gallery, listed on Artsy. The piece is an ink on paper from glue relief, measuring 33 × 46 cm, hand-signed, and includes a certificate of authenticity. Abdalla (1917–1985) was a pioneering Egyptian and Arab modernist, known for his "Creative Word" concept blending abstraction and human forms. His career included exhibitions at Cairo's Museum of Modern Art, the Louvre, the Metropolitan Museum of Art, and the Tate Modern, among others.

Willem de Kooning | Kneeling Woman (1966)

Willem de Kooning's 1966 work "Kneeling Woman" has ended its bidding process, with the listing appearing on a platform that aggregates auction results and available works. The piece, an oil on paper on board measuring 23.5 by 11.5 inches, is signed and has a known provenance including Harold Diamond, a private collection in Baltimore, Solomon & Co. Fine Art, Robert Peyser, and a Sotheby's sale in 2019. It was previously exhibited at the Nassau County Museum of Art in 1981 as part of "The Abstract Expressionists and Their Precursors" show.

bob ross super bowl giveaway

A Bob Ross painting titled *Authentic Mountain Retreat* is among $1 million in prizes being given away during a live game show hosted by YouTube star MrBeast on the live shopping marketplace Whatnot, airing ahead of the Super Bowl on February 8. The giveaway also includes a Lamborghini Spyder, a Hermès Birkin bag, and a sealed Pokémon Booster Box. The painting, sourced from Minneapolis gallery Modern Artifact, comes as Ross's auction record has surged to $787,900 at Bonhams, driven by renewed market interest.

nifty gateway closed down

Nifty Gateway, an early NFT marketplace founded in 2018 and acquired by Gemini, will shut down on February 23 after entering withdrawal-only mode. The platform, which once reported $300 million in gross merchandise value in 2021 and partnered with Sotheby's for a $17 million NFT drop, is closing amid a sharp decline in NFT trading activity. Users must withdraw their assets by the deadline, after which they can no longer list, buy, or sell NFTs on the site.

artlogic artcloud merger

Artlogic, a major art inventory management firm, and ArtCloud, a gallery software company specializing in collector engagement and AI tools, have announced a merger. The combined entity will support over 6,000 galleries, artists, and collectors, managing more than 15 million artworks. Artlogic CEO Mike Profit described the move as a long-term infrastructure play, while ArtCloud CEO Alex West will become Chief Innovation Officer of the merged company.

Muhammad 2., 2025 by Julian Opie, Direct to media print on painted wooden board, 129.8 x 83.9 x 3.6 cm (1)

Julian Opie's 2025 artwork "Muhammad 2." is featured, a direct-to-media print on painted wooden board measuring 129.8 x 83.9 x 3.6 cm. The article promotes a platform that partners with leading galleries to showcase artists, artworks, and exhibitions, with gallery membership by application and invitation only, vetted by industry peers.

Jorge Nava | Untitled (2022) | Art & Prints

This article presents Jorge Nava's 2022 painting "Untitled," an oil-on-linen work measuring 180 × 180 cm, offered by Arma Gallery in Madrid. Nava, a Spanish artist born in Gijón in 1980, studied at the University of the Basque Country and Kunsthochschule Berlin Weissensee under Professor Katherina Grosse. His career includes participation in international fairs such as ARCO, CIRCA in Puerto Rico, Scope Art Fair in New York, and Photo Miami Art Basel, as well as exhibitions at Alzueta Gallery and the Barjola Museum. His work belongs to collections including the María Cristina Masaveu Peterson Foundation and private collections across Europe and North America.

the art marketplace private sales

A new digital platform called the Art Marketplace, founded in mid-2025 by Elliot Safra and a group of partners, aims to streamline private art sales by addressing common frustrations in the secondary market. Unlike traditional auction houses or gallery sales, the platform lists artworks without images, revealing only key details like artist name, description, price, and last update. Requests for images or condition reports are vetted to ensure qualified interest, prioritizing confidentiality and avoiding public exposure that could harm a work's market value. Sellers can list works in minutes, bypassing intermediaries like advisors or dealers, while buyers gain access to previously obscure off-market inventory.

Hessink’s to hold inaugural Georgian art auction in Tbilisi

Hessink’s Tbilisi Auction House has announced its inaugural international auction, "Contemporary Georgian Art," scheduled for April 27, 2026, at the Museum of Modern Art in Tbilisi. The sale will feature 90 works ranging from the late Soviet era to contemporary pieces, highlighting prominent figures such as Alexander Bandzeladze and Vera Pagava alongside emerging talents. To ensure global reach, the auction will be broadcast via digital platforms including Drouot and Invaluable, preceded by a week-long public preview.

A New Generation of Gallerists Is Redefining Artist Representation

A new generation of gallerists is rethinking traditional artist representation models, moving away from rigid exclusivity clauses and transactional relationships. Figures like Bryce Watanasoponwong of The Charoen AArt in Bangkok, Storm Ascher of Superposition, and Lorraine Han of Unveil Gallery are adopting flexible, collaborative approaches that reflect the realities of contemporary artists, who often juggle multiple roles and prefer non-exclusive arrangements. These gallerists emphasize open dialogue, shared responsibility, and long-term relationship-building over strict contracts, as seen in Ascher's seven-year support of artist Haleigh Nickerson, which culminated in a solo show at NADA New York 2025.

Untitled (Second Night), 2021 by Louise Lawler, Dye sublimation print on museum box, 121.9 x 182.2 cm (2)

This article is a promotional description for an art platform that partners with leading galleries to showcase artists, artworks, and exhibitions. It highlights a membership model vetted by industry peers, offering visibility and access to influential galleries, collectors, and auction houses. The piece also mentions a specific artwork by Louise Lawler, "Untitled (Second Night), 2021," a dye sublimation print on a museum box.

Rago and Wright: Post War & Contemporary Art

Artsy is hosting a live auction titled 'Rago and Wright: Post War & Contemporary Art,' which closed on January 28, 2026. The sale features 78 lots of works by artists including Donald Judd, Tom Wesselmann, Niki de Saint Phalle, Sol LeWitt, Louise Nevelson, Anna Weyant, and Willem de Kooning, among others. Bidders could place max bids in advance or participate live through the Artsy platform, with all lots shipping from Rago/Wright/LAMA facilities.

AstaGuru: An Eminent Digital Auction for the Elite

AstaGuru, an Indian online auction house founded in 2008, has established itself as a leading digital platform for modern and contemporary art, antiques, sports memorabilia, fine silverware, and writing instruments. The company achieved a world record with a ₹17.75 crore bid for a Tyeb Mehta painting in 2017 and boasts a 93% lot sale ratio, auctioning works by notable artists such as Ramkinkar Baij, Krishen Khanna, and Nandalal Bose. Led by directors Tushar Sethi and Vickram Sethi, the platform offers secure bidding, physical previews in Mumbai, and services including consultation, restoration, and valuation.

Vânia Quintão | Cold Afternoon (2023) | For Sale

Brazilian artist Vânia Quintão is offering her 2023 painting "Cold Afternoon" for sale through Inn Gallery. The acrylic-on-canvas work, sized 70 × 100 cm, depicts a suspended, cool-toned landscape under a diffuse blue sky. Quintão, a self-described cultural producer and fundraiser based in Belo Horizonte, has exhibited internationally including at the Louvre Museum in Paris and won prizes at The Holly Art Exhibition (London) and Art Connects Women (Dubai). The work is hand-signed, includes a certificate of authenticity, and is priced at US$1,500.

Rory J Browne | Dawn, Cow Parsley (2026) | Available for Sale

British artist Rory J Browne has released a new contemporary realist landscape titled 'Dawn, Cow Parsley' (2026). The oil-on-canvas work, which features a detailed foreground of wild plants silhouetted against a warm, atmospheric sunrise, is currently being offered for sale through Signet Contemporary Art in London and via the Artsy platform.

new 2025 survey galleries art fair model first thursday

A new report from First Thursday, a London-based sales intelligence company, reveals widespread frustration among gallerists over the rising costs and high risks of participating in art fairs. Surveying 56 commercial galleries across Europe, Asia, Africa, and North America, the inaugural Art Fair Report found that nearly half of galleries spent over £30,000 ($40,000) per fair, with 24% spending between £50,000 and £100,000. High participation costs were cited by 83% of respondents as the biggest challenge, followed by sales uncertainty (77%). As a result, 31% plan to attend fewer fairs, shifting investment to digital platforms and marketing.

Auctions of the week: ancient art, design and antiques

A busy week of auctions is scheduled for May 21-27, 2026, spanning Milan, New York, and other global hubs. Italian auction houses including FarsettiArte, Wannenes, Gonnelli, Finarte, Capitolium AuctionHouse, Pananti, Aste Bolaffi, Il Ponte, Maison Bibelot, Babuino Fine Art Auctions, and Pandolfini will offer paintings, drawings, sculptures, antiques, design, jewelry, and vintage fashion. International houses Christie’s, Sotheby’s, Bonhams - Cornette de Saint-Cyr, and Dorotheum also hold sales in New York, Zurich, Paris, and Vienna, covering post-war and contemporary art, handbags, fine wine, and antiques.

A Bird Flying Through a Tunnel, 2019 by Matt Connors, Acrylic on canvas, 304.8 x 244.5 x 3.2 cm (3)

The article is a promotional piece for an art advisory platform that partners with leading galleries to showcase artists, artworks, and exhibitions. It highlights a curated membership model vetted by industry peers, offering access to influential galleries, collectors, and auction houses. The featured image is Matt Connors' painting "A Bird Flying Through a Tunnel" (2019), an acrylic on canvas work measuring 304.8 x 244.5 x 3.2 cm.

PixCell-Elk#3, 2026 by Kohei Nawa

This article appears to be a promotional or editorial piece about the artwork "PixCell-Elk#3, 2026" by artist Kohei Nawa. It describes a partnership with leading galleries to showcase artists, artworks, and exhibitions, with membership vetted by industry peers. The text also highlights the role of art advisors providing access to influential galleries, collectors, and auction houses, while celebrating contemporary art through editorial content.

Vahe Yeremyan | Layers of Time (2026) | For Sale

The article lists a work titled "Layers of Time (2026)" by artist Vahe Yeremyan as available for sale on the online art marketplace Artsy. No further details about the artwork, price, or context are provided in the brief listing.

Tatiana Malinovscaia | 130x100cm-Blue Distance in Quiet Light (2026) | For Sale

Tatiana Malinovscaia's painting "Blue Distance in Quiet Light" (2026) is being offered for sale by Artseeker Gallery. The 100x130 cm acrylic on canvas work features a restrained abstract composition with muted blues, ivories, beiges, and charcoals, built through layered textures and tonal contrasts. Malinovscaia, a self-taught Moldovan artist, explores the interplay between architectural clarity and atmospheric abstraction, with light acting as a central structural element that reveals nuanced variations across the textured surface throughout the day.

Capitolium Art: Modern & Contemporary Art - Selected (Traditional)

Capitolium Art has announced its upcoming "Modern & Contemporary Art - Selected" auction, scheduled to run from April 1st to April 15th, 2026. The sale, hosted in partnership with Artsy, features a curated selection of traditional modern and contemporary works subject to a 26% buyer’s premium plus an additional 5% platform fee for online bidders. The terms outline specific logistical requirements, including a 10-day payment and collection window and the application of Italian Artist’s Resale Right (Droit de Suite) fees.