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Marian Goodman’s Gerhard Richters Total $78.8 Million in $162.7 Million Christie’s Sale

Christie’s 21st-century evening sale in New York on Wednesday achieved $162.7 million, its highest total in the category since 2021. The sale featured eight works from the collection of the late dealer Marian Goodman by Gerhard Richter, which together sold for $78.8 million, nearly half the evening’s haul. Richter’s photorealistic candle painting *Kerze (Candle)* (1982) hammered at $30 million, below its $35 million low estimate, but still set a new auction record for the series. Other Richters performed strongly, with six of seven exceeding high estimates, including *Mohn (Poppy)* (1995) at $20.1 million. A modest Basquiat work on paper, *Asbestos*, sold for $6.54 million, and one lot by Ed Ruscha was bought in.

Artist Foundations’ Net Worth Has Nearly Tripled to $9 B., Led by Cy Twombly Foundation’s $1.5 B. in Art and Assets

New research from the Aspen Institute’s Artist-Endowed Foundation Initiative (AEFI) reveals that artist-endowed foundations in the U.S. now control roughly $9 billion in assets, nearly triple the $3.5 billion reported in 2011 and up 17% from $7.7 billion in 2018. The Cy Twombly Foundation leads with $1.5 billion in art and assets, followed by foundations for Alexander Calder, Joan Mitchell, Helen Frankenthaler, and Robert Rauschenberg, each holding over $500 million. The data, drawn from public tax forms, shows that just five of roughly 500 foundations account for more than half the total, with most established by postwar American artists born before 1931.

art world los angeles report

Frieze Los Angeles 2026 opened amid concerns over the city's cooling art market, following a wave of gallery closures and a shift toward nomadic dealer models. Despite the economic downturn and the lingering shadow of previous regional fires, the fair week saw a resurgence of energy with 32,000 attendees and significant blue-chip sales, including a $3.75 million Ed Ruscha at Gagosian and a $2.8 million Njideka Akunyili Crosby at David Zwirner. The week was characterized by a mix of high-end commerce at the Santa Monica Airport and grassroots vitality at satellite events like Felix and the newly launched Post-Fair.

consignors new york november auctions 2025

New York's November 2025 auction season is set to feature at least $1.67 billion in art across Sotheby's, Christie's, and Phillips, a 54% increase in estimates from the same period last year. The season is dominated by major estates, including Leonard Lauder's $400 million trove at Sotheby's with Klimt paintings and Matisse bronzes, Cindy Pritzker's collection featuring a Van Gogh, and anonymous Surrealist works. Christie's offers $736 million in low estimates from collections like Robert and Patricia Weis, Elaine Wynn, and Stefan Edlis. Phillips remains risk-averse, focusing on established names. The market shows a flight to quality, with emerging art reduced and delegated to day sales, while ultra-contemporary segments contract.

signed book hov jay z auction

A signed, limited-edition book titled *The Book of HOV: A Tribute to JAY-Z*, created in collaboration between Jay-Z's Roc Nation, French publisher Assouline, and artist Daniel Arsham, is being auctioned at Christie's. Only five copies exist, and the book is estimated to sell for $100,000 to $150,000, with a portion of proceeds benefiting the Brooklyn Public Library. The auction, part of a contemporary editions sale running from July 7 to July 22, follows a 2023 exhibition at the Brooklyn Public Library that attracted 600,000 visitors.

princedale modern edward warburton

London-based art advisory Princedale Modern, founded by Edward Warburton in 2022, has marked its second anniversary amid significant shifts in the global art market. Warburton discusses the firm's growth, including scaling alongside the U.K. art market's rise to 18% of global share, and highlights attendance at major art fairs in Basel, New York, Miami, and Paris. He notes that while auction house sales at Christie's, Sotheby's, and Phillips have dropped nearly one-third and the overall market contracted by 12%, private sales have risen 14% and online sales remain strong at 17%.

artnet auctions premier prints and multiples

Artnet Auctions has launched its Premier Prints and Multiples sale, live for bidding through April 10, 2025. The sale features important works by artists including Keith Haring, Roy Lichtenstein, Andy Warhol, and Barbara Kruger, with estimates ranging from $7,000 to $70,000. The article highlights the often-overlooked relationships between artists and the printers and publishers who bring their visions to life, using examples such as Peter Blake's collaboration with publisher Paul Stolper on the portfolio "An Alphabet" (2007) and Barbara Kruger's work "Savoir c'est pouvoir" (1989) printed by Derriere L'Etoile Studios.

The Most Expensive Jean-Michel Basquiat Works Ever Sold at Auction

ARTnews published a listicle ranking the most expensive Jean-Michel Basquiat works ever sold at auction, updated as of May 15, 2026. The article traces Basquiat's rise from street artist under the moniker SAMO to a major figure in the downtown New York scene, highlighting key relationships with Keith Haring, Diego Cortez, and curator Henry Geldzahler. It notes that Basquiat's entire mature output was created between 1981 and 1984, and that his 1983 painting *Museum Security (Broadway Meltdown)* sold at Sotheby's in May 2026 for $52.7 million, placing it among his top sales. The piece also details earlier top sales, including *Untitled* (1982) for $29.3 million at Christie's in 2013 and *Flesh and Spirit* (1982–83) for $30.7 million at Sotheby's in 2018.

paris galerie 1900 2000 closed new york branch

Galerie 1900-2000, a Parisian gallery specializing in Dada and Surrealism, has closed its New York branch on Madison Avenue, which opened in February 2023 as a joint venture with Galerie Georges-Philippe & Nathalie Vallois. The Manhattan outpost's last exhibition ended in September, with principal David Fleiss citing a slow market during difficult global times as the reason for the closure, though he did not rule out a future return to New York.

Marian Goodman’s $35.1 M. Richter ‘Candle’ Leads Christie’s Tepid $162.7 M. Trio of Postwar and Contemporary Sales

Christie’s New York held a trio of postwar and contemporary art evening sales on Wednesday night, totaling $162.7 million with fees, just meeting expectations. The auction was led by a Gerhard Richter painting, *Kerze (Candle)*, which sold for $35.1 million, and featured a collection of eight Richter works from the estate of revered dealer Marian Goodman, which collectively hammered at $66 million. Other highlights included a Donald Judd stack from the estate of collector Henry S. McNeil, selling for $12.8 million, and a Richter *Mohn (Poppy)* that achieved $20.1 million. Only one lot, an Ed Ruscha canvas, failed to sell.

art basel miami lineup change ross kramer

Art Basel Miami Beach has undergone a last-minute lineup change, with gallery Ross + Kramer being replaced by Ross + Co. following an unexplained split between principals Todd Kramer and Ryan Ross. Ryan Ross, who has been in the art business for decades and runs Arcature Fine Art in Palm Beach, will now show under the new name at the fair, which opens to VIPs next week. The change was reported by ARTnews, which noted that the fair's 2025 participant list still links to Ross + Kramer's website, and Ross + Co.'s page features outdated branding.

price check art basel basel 2025

Art Basel in Basel has concluded, with galleries reporting hundreds of sales despite low expectations set by lackluster New York auction results. Dealers shared prices ranging from $1 million to $17 million, with top sales including David Hockney's *Mid November Tunnel* (2006) at Annely Juda Fine Art ($13M–$17M), a Ruth Asawa sculpture at David Zwirner ($9.5M), and a Gerhard Richter painting at David Zwirner ($6.8M). Other notable transactions include works by Keith Haring, Mark Bradford, Georg Baselitz, and George Condo, though many galleries provided only price ranges and withheld exact titles or mediums.

art basel 2025 sales report

Art Basel 2025 in Switzerland, now in its 55th edition, opened with 289 exhibitors amid a soft and unpredictable art market. Major sales included a Ruth Asawa sculpture for $9.5 million at David Zwirner, a Gerhard Richter painting for $6.8 million, and a Keith Haring from 1983 for $3.5 million at Gladstone. The top reported sale was David Hockney's 'Mid November Tunnel' (2006) for $13-17 million at Annely Juda Fine Art. Hauser & Wirth headlined with a moody Mark Rothko from the early 1960s, while galleries adopted strategies of offering wide price ranges and diverse styles to hedge against market uncertainty.

5 highlight artnet auctions

Artnet Auctions has launched its latest Post-War and Contemporary Art sale, featuring works by Damien Hirst, Donald Judd, Francis Alÿs, Fernando Botero, and A.R. Penck. Bidding is open through May 22, 2025, with highlights including Hirst's impasto 'Cherry Blossoms' painting 'Gilded Blossom' (est. $100,000–$150,000), Judd's plywood 'Untitled' (1979), and a figurative work by Tom of Finland alongside an Andy Warhol lot.

pace prints heads to hollywood

Pace Prints is expanding its operations to Los Angeles, with plans to open a new production facility and small gallery space this fall. Unlike a standard gallery expansion, the Hollywood location will prioritize providing West Coast artists with a dedicated environment for long-term experimentation in printmaking. The move coincides with the publisher's debut at Frieze Los Angeles, featuring a roster of local and international artists including Jonas Wood and Hilary Pecis.

Sotheby’s $433 Million Contemporary Evening and Mnuchin Sales Kicked Off New York’s May Marquee Auctions

Sotheby's held two major evening sales in New York—the Mnuchin collection sale and The Now & Contemporary Evening Auction—generating a combined $433.1 million. The Mnuchin sale achieved a white-glove result of $166.3 million, led by Mark Rothko's *Brown and Blacks in Reds* (1957) which sold for $85.8 million, while the contemporary auction reached $266.8 million, with Jean-Michel Basquiat's *Museum Security (Broadway Meltdown)* as the top lot. The results fell within presale estimates but marked a 133% increase over last May's contemporary sales.

Peter Halley - Jablonka Gallery, Koln vintage poster (Hand Signed by Peter Halley) , 1988

A rare 1988 vintage silkscreen exhibition poster by Peter Halley, published for his show at Jablonka Galerie in Cologne, has surfaced on the secondary market. The work is notably hand-signed and dedicated by the artist to fellow artist Bill Radawec, distinguishing it from standard mass-produced exhibition ephemera. Halley, a central figure of the 1980s Neo-Geo movement, is recognized for his 'cell' and 'conduit' paintings that critique social and technological structures.

Sotheby’s Evelyn Lin On Asia’s Maturing Market, Young Collectors and the New Rules of the Hong Kong Sale

Sotheby’s recently concluded its spring marquee auctions in Hong Kong, generating a combined total of HK$711.8 million ($91.2 million). The sales were anchored by the success of Joan Mitchell’s 'La Grande Vallée VII,' which sold for $17.6 million, and achieved a nearly 100 percent sell-through rate by value. The performance was bolstered by the auction house's new 'Maison' headquarters, a dual-level retail and exhibition space that attracted over 44,500 visitors in the lead-up to the sales.

Joan Mitchell becomes most expensive female artist at auction in Asia with US$17.6m Sotheby's sale

Joan Mitchell’s diptych "La Grande Vallée VII" sold for HK$137 million (US$17.6 million) at Sotheby’s Hong Kong, setting a new record for the most expensive work by a female artist ever sold at auction in Asia. The 1983 masterpiece, part of a celebrated 21-painting cycle dedicated to a grieving friend, led a successful Modern and Contemporary Evening Auction that saw a 100% sell-through rate for its 54 lots. Other notable results included a Mark Rothko canvas that more than doubled its low estimate and significant sales for works by Sanyu and Zao Wou-Ki.

Who Are the 10 Top-Selling Living American Artists?

Artnet's Auction Price Database reveals the top 10 living American artists by auction sales value in 2024, with the U.S. art market generating $4.3 billion. The list includes Cindy Sherman ($180.9 million total sales, record $6.8 million for Untitled Film Stills), Mark Bradford ($226.6 million, record $12 million for Helter Skelter I), and Mark Grotjahn ($241 million, record $16.8 million for Untitled (S III Released to France Face 43.14)). Sherman is the only woman and photographer on the list; Bradford is the only African American and represented the U.S. at the 2017 Venice Biennale; Grotjahn is a California-based abstract painter.

Art Basel’s Soft Opening Belies Strong, Swift Sales Across Tiers

Art Basel's 2025 edition opened with a soft atmosphere that belied strong and swift sales across all price tiers. Major galleries reported significant transactions: David Zwirner sold 68 works including a $9.5 million Ruth Asawa sculpture and a $6.8 million Gerhard Richter painting; Gladstone placed a $3.5 million Keith Haring piece; and Thaddaeus Ropac sold a €1.8 million Georg Baselitz and a $1.8 million James Rosenquist painting to a European institution. White Cube, Hauser & Wirth, and Tina Kim Gallery also reported robust sales, with works by artists such as Dana Schutz, Marlene Dumas, Yayoi Kusama, and Ha Chong-Hyun moving quickly. However, mid-tier galleries like Marianne Boesky Gallery noted more cautious, eye-driven buying rather than the frenzied chasing of past years.

Cause for cheer at Art Basel as strong preview-day sales take many galleries by surprise

Major international galleries reported unexpectedly strong sales on the preview day of Art Basel, despite geopolitical tensions, stock market volatility, and uncertainty over US tariffs. Thaddaeus Ropac sold works by Georg Baselitz, James Rosenquist, and Robert Rauschenberg, while Gagosian, David Zwirner, Pace, and Hauser & Wirth also reported multimillion-dollar sales, including a Ruth Asawa sculpture for $9.5 million and a Pablo Picasso painting priced at $30 million. Many dealers expressed surprise at the speed and volume of sales, which defied the broader international environment.

jean michel basquiat work phillips frieze week sales london

Phillips has announced the lineup for its October London sales during Frieze Week, headlined by Jean-Michel Basquiat's 1982 work on paper, *Untitled (Pestus)*, estimated at £3 million ($4 million). The 26-lot evening auction on October 16 also includes Andy Warhol's diamond dust portrait of Giorgio Armani (estimate £800,000), Banksy's *Kate Moss* (estimate £1 million), and works by Jadé Fadojutimi, Flora Yukhnovich, Damien Hirst, Anish Kapoor, Sasha Gordon, and Emma McIntyre. A day sale on October 18 features pieces by Keith Haring, Warhol, Basquiat, Anselm Kiefer, and Yoshitomo Nara.

Long-Hidden Keith Haring Artworks Come to Auction

A collection of rare Keith Haring artworks, gifted to his childhood friend Kermit Oswald over nearly three decades, is coming to auction at Sotheby’s Breuer Building in May 2025. The trove includes a self-portrait from 1985 (estimated at $3–5 million), a painted crib and dresser ($250,000–350,000), a carved wood sculpture from 1983 (up to $800,000), and other early works on wood, fabric, and paper. These pieces trace Haring’s artistic evolution before his subway drawings and international fame, and were kept by Oswald, who was Haring’s best friend since kindergarten and later installed his shows.

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.

Andy Warhol | Original Exhibition Poster (2021) | For Sale

An original Andy Warhol exhibition poster from 2021 is being offered for sale by Baldwin gallery, with locations in London, Miami, and Dubai. The offset lithograph on paper measures 19.7 × 27.6 inches, is in mint condition, unsigned, and includes a Certificate of Authenticity. Priced at £650, the work ships from London with domestic shipping at £45 and international at £55, and is covered by the Artsy Guarantee.

collectibles digest febuary 2026

The Raab Collection has listed a rare, enigmatic manuscript fragment by George Washington for $10,000, featuring the unique phrase "Fathers of the Senate!" The snippet was likely excised from a larger document in the 19th century by biographer Jared Sparks to satisfy autograph seekers. This sale joins a wave of high-value Americana hitting the market, including Jack Kerouac’s original 'On the Road' scroll at Christie's and a collection of vintage film posters at Propstore.

artnews celebrates 2025 top 200 collectors issue

On September 18, ARTnews celebrated the 2025 edition of its annual Top 200 Collectors list with a launch party at the newly opened Faena New York in Chelsea. The event was cohosted by collectors Beth Rudin DeWoody and Miyoung Lee, both trustees of the Whitney Museum. ARTnews Editor-in-Chief Sarah Douglas introduced the hosts, highlighting DeWoody's role as a supportive art patron and Lee as a representative of a younger generation of collectors. Other Top 200 Collectors in attendance included Michael Ovitz, Lonti Ebers, Lisa Goodman, Rodney Miller, Pete Scantland, and James Keith “JK” Brown and Eric Diefenbach. The evening featured a performance by pianist Arsha Kaviani, Cognac from LOUIS XIII, wines from Rioja, luxury perfumes from Xerjoff, and photo cards from Chubb.

jean michel basquiat estate albino and preto collection

Fashion brand Albino & Preto has collaborated with the Jean-Michel Basquiat estate on a new collection of jiujitsu sets and lifestyle apparel featuring the artist's paintings. The limited-edition collection, released on September 10 ahead of New York Fashion Week, incorporates martial arts motifs that Basquiat often used in his work, including a reference to the jiujitsu foot lock known as "Achilles." The Basquiat estate has a history of fashion collaborations, including a previous line with H&M tied to the 2022 exhibition "King Pleasure."

‘I told his family he was HIV positive’: Keith Haring’s best friend on life with the artist as unseen works go on show

A collection of unseen Keith Haring works, including a crib he painted for his best friend's unborn child, is going on display at Sotheby's New York before being auctioned in May 2025. The collection belongs to Kermit Oswald, Haring's childhood friend, and features 20 works, with a 1985 self-portrait estimated at $3m-$5m and the crib valued at $250,000-$350,000. Oswald shares intimate stories of their friendship, from childhood pranks in Kutztown, Pennsylvania, to their move to New York to study at the School of Visual Arts, and Haring's later collaboration with William Burroughs.