art basel paris vip preview sales report 1234758480

Art Basel Paris opened its VIP preview on Wednesday, following a new invite-only preview called Avant Première on Tuesday. Major galleries reported strong sales, including Hauser & Wirth's $23 million Gerhard Richter abstract, the highest reported sale at the fair. Other notable sales included Julie Mehretu's $11.5 million painting at White Cube, a $4.7 million Bruce Nauman neon at Hauser & Wirth, and a $2.5 million Marlene Dumas painting at David Zwirner. Dealers noted that the staggered two-day opening helped spread out crowds and allowed collectors to return for the official VIP day, with many describing the fair as the most successful edition in Paris to date.

Mon oncle d’Amérique

Art Basel Paris officially opened on October 22, 2024, with a new VIP tier called 'Avant-Première' granting early access to favored collectors. The fair saw a shift in mood from socializing to business-focused transactions, with multimillion-dollar works on offer, including a Gerhard Richter painting reportedly sold for over $20 million by Hauser & Wirth. Pre-fair events included dinners hosted by Marian Goodman for artist Paul Sietsema, gallery openings at Salon 94's new Palais-Royal space, and a VIP evening at the Musée d'Orsay for a Bridget Riley exhibition. American galleries and collectors dominated the week's parties, with events by David Zwirner, Gladstone, and others.

Discover 10 Highlights from Art Basel Paris 2025

Art Basel Paris 2025, now in its fourth edition, took place from October 22–26 at the restored 1900 Paris Exposition venue, a Beaux-Arts landmark with Art Nouveau iron and glasswork. The fair hosted 206 international galleries and introduced a new 'Avant-Première' V.V.I.P. day on October 21, where each gallery could allocate six guest passes. Blue-chip sales were swift, led by Hauser & Wirth selling Gerhard Richter's *Abstraktes Bild* (1987) for $23 million to a European collector. Other notable sales included Bruce Nauman's neon sculpture *Masturbating Man* for over $4.7 million and Amedeo Modigliani's *Jeune fille aux macarons* (1918) for $10 million at Pace Gallery. The fair also featured curatorial sectors Emergence (16 solo presentations by emerging artists) and Premise (ten historical projects with works predating 1900).

The Art Market Year in Review

The art market experienced a turbulent 2025, beginning with a 12% decline in sales from 2024, following a 3% drop in 2023, as reported by the Art Basel and UBS Global Art Market Report. Major auction houses Christie’s, Sotheby’s, and Phillips saw average sales fall 6% in the first half of the year. However, the market rebounded by autumn, with strong sales at London and Paris art fairs and a 15% year-on-year increase in auction sales at the three main houses by December, according to Pi-eX. Key events included Sotheby’s failed sale of Alberto Giacometti’s *Grand tête mince* in May, followed by a record-breaking $236 million sale of Gustav Klimt’s *Portrait of Elisabeth Lederer* in November, and a $31.4 million record for François-Xavier Lalanne’s *Hippopotame Bar*.

why bailly gallery is betting big on paris 2739558

Bailly Gallery, a Geneva-based gallery founded in 2007 by Charly and Hanna Bailly with family roots in the art business since 1977, is expanding its presence in Paris by opening a full public gallery space after operating a private showroom there for several years. The new location, which took five years to find, includes both a public exhibition area and two private showrooms designed like apartments, allowing collectors to view works in a domestic setting. The gallery is known for its expertise in Impressionist, Modern, and Postwar art and design.

Paris art enthusiast wins €1m Picasso painting in €100 charity raffle

Ari Hodara, a Parisian sales engineer and art enthusiast, won a 1941 Pablo Picasso portrait valued at over €1 million through a €100 charity raffle ticket. The draw, held at Christie’s in Paris, featured the painting 'Head of a Woman,' a portrait of the artist’s muse Dora Maar. The lottery successfully sold all 120,000 available tickets, raising a total of €12 million.

Sotheby’s Paris Notches a $41 M. Modern and Contemporary Sale, Led by a $12 M. Monet Unseen for a Century

Sotheby’s Paris achieved a landmark result for its modern and contemporary art sale, totaling €35 million ($41 million) and surpassing its high estimate. The auction was headlined by two Claude Monet paintings that had been hidden from public view for roughly a century, including 'Vétheuil, effet du matin' (1901), which sold for €10.2 million ($12.1 million), setting a record for the artist at auction in France.

christies four paris art week 2025 auctions 1234759320

Christie's and Sotheby's both posted strong results during Paris Art Week 2025, with Christie's four auctions totaling $107.4 million—a 16% increase year-over-year—and Sotheby's two sales reaching €89.7 million ($104 million), a 50% rise from the previous year. The top lot at Christie's was Yves Klein's monumental painting *California (IKB 71)*, which sold for €18.4 million ($21.4 million), setting a record for the artist in France. Other artists including Max Ernst, Paul Signac, Lee Ufan, and Berthe Morisot also achieved new auction records in France during the week.

Christie's Paris Art Week - Christie's

Christie's will hold a series of modern and contemporary art auctions and events in Paris during late October 2025, coinciding with the fourth edition of Art Basel Paris. The sales feature major works including a monumental Yves Klein monochrome (estimate on request), Alberto Giacometti's 'Femme debout' (€5-7M), Paul Signac's 'La Passerelle Debilly' (€4-6M), and pieces by Pierre Soulages, Pierre-Auguste Renoir, and others. The week opens on October 23 with 'Moderne(s), une collection particulière européenne,' a private collection of 40 European avant-garde works, followed by the flagship 'Avant-Garde(s) including Thinking Italian' sale.

paris internationale debut milan edition spring 2026 1234758373

Paris Internationale, the emerging art fair known for hosting independent galleries, announced it will launch a Milan edition in April 2026, just before its 11th edition opened in Paris. The fair, founded in 2015 by a group of independent galleries, plans to establish a lasting presence in Milan, with founder Nerina Ciaccia citing alignment with the fair's values and approach to the art market. The Milan edition is partly driven by Italy's recent reduction of VAT on art exchanges from 22% to 5%, making it more competitive than France's 5.5%. The fair has not yet secured a venue but intends to choose an architecturally historic location, continuing its nomadic tradition.

A Monet Sold at Auction in France

Un Monet adjugé en France

Claude Monet’s painting 'Vétheuil, effet du matin' sold for nearly €10.2 million at an auction in Paris this Thursday. The sale highlights the continued demand for high-quality Impressionist works within the French capital's growing secondary market.

Two Sales at Bonhams in Paris

Deux ventes chez Bonhams à Paris

Bonhams has launched its annual "Classic Week" in Paris, featuring two distinct yet complementary auctions. The sales showcase a diverse range of works, most notably a previously unknown drawing of Marie Serre, the mother of the celebrated painter Hyacinthe Rigaud. This rare portrait adds a new dimension to the iconography of Serre, who was famously depicted by both her son and the sculptor Antoine Coysevox.

Paris gallery directors join forces to launch ‘open-ended’ advisory

Two Paris-based art dealers, Samy Ghiyati and Nicolas Nahab, have launched NG, a new multi-pronged art advisory business. The venture combines traditional advisory services with a roving exhibition programme, collection management, and foundation management. Nahab previously led Mendes Wood DM’s Paris gallery and worked at Marian Goodman and Yvon Lambert; Ghiyati was a director at David Zwirner’s Paris gallery after a stint at Kamel Mennour. Their first public project will be a selling exhibition of videos by Meriem Bennani in Essaouira, Morocco, opening in December.

High Art, Paris Gallery That Spun Emerging Artists Into Stars, Closes After 12 Years

High Art, a Parisian gallery known for launching the careers of emerging artists, has closed its doors after 12 years of operation. The gallery gained a reputation for transforming relatively unknown talents into internationally recognized figures, contributing significantly to the contemporary art scene in Paris.