Art News. Vasari Codex

trending_up market schedule Apr 6, 2026 visibility 102 link 15 artists, 2 galleries

The Business of KAWS: What Data and a Museum Show Reveal About His Market

The San Francisco Museum of Modern Art (SFMOMA) is currently hosting a major survey of KAWS, marking the final stop of a three-city tour that highlights the artist's unique blend of commercial savvy and institutional ambition. The exhibition features a range of works from diamond-encrusted sculptures for Kid Cudi to a 'genius' membership drive that sold 1,000 KAWS-branded museum memberships at $300 each. Despite a significant cooling in his auction results—dropping from a 2019 peak of $112.9 million to just $7.72 million last year—the artist continues to draw massive crowds, particularly among younger demographics.

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trending_up market schedule May 14, 2026 visibility 48 link 10 artists, 2 galleries

How Christie’s Recruited Nicole Kidman to Sell S.I. Newhouse’s $100 Million Brancusi

Christie's has released a promotional video featuring actress Nicole Kidman to advertise the upcoming auction of Constantin Brancusi's bronze sculpture *Danaïde* (1913), estimated at $100 million. The sculpture comes from the collection of the late media mogul S.I. Newhouse, who purchased it for $18.2 million in 2002. The nearly two-minute film, shot at Christie's Rockefeller Center headquarters, shows Kidman interacting with the work and was conceived by former Sotheby's auctioneer and Newhouse estate advisor Tobias Meyer. The sale is scheduled for May 18 in New York.

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trending_up market schedule May 5, 2025 visibility 26 link 21 artists, 2 galleries

hauser wirth uptown sale jens hoffmann project wet paint

Hauser & Wirth has sold its Upper East Side townhouse at 32 East 69th Street for $10.5 million to a developer, ending a decades-long presence in the neighborhood. The property, purchased in the 1990s as a family residence, was renovated by architect Annabelle Selldorf and later used as gallery space from 2009, hosting exhibitions by artists like Pope.L, Anna Maria Maiolino, Luchita Hurtado, and Arshile Gorky. Gallery co-founder Iwan Wirth cited a shift in the family's center of gravity to Chelsea and the business's expansion downtown with new locations on West 18th Street and Wooster Street in SoHo.

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trending_up market schedule Jun 11, 2025 visibility 19 link 18 artists, 1 gallery

Have we reached peak painting?

The article examines the enduring dominance of painting in the art world, despite repeated predictions of its demise. It cites record-breaking sales—Leonardo's *Salvator Mundi* ($450m), Jasper Johns's *Flag* ($110m), and Marlene Dumas's *Miss January* ($13.6m)—and highlights the upcoming Jenny Saville survey at the National Portrait Gallery in London. The Turner Prize shortlist includes painter Mohammed Sami, whose work *Poor Folk II* sold for $571,500 at Sotheby's, far exceeding estimates. Exhibitions like *Painting after Painting* at SMAK in Ghent and *R U Still Painting???* in New York explore how artists continue to use the medium, with curators and market figures affirming painting's resilience.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule May 7, 2025 visibility 22 link 4 artists, 2 galleries

our fresh spring picks 5 artists to watch from the artnet gallery network

Artnet News has published a spring roundup of five artists to watch from its Gallery Network, featuring Julian Charrière, Xiangjie Rebecca Wu, Michael Abel, Nathan Myhrvold, and Lulu Varona. The article highlights each artist's recent work and unique approach, from Charrière's cross-media exploration of time and nature to Varona's hand-embroidered botanical pieces. The artists are represented by galleries including Sies + Höke Galerie, LATITUDE Gallery, YVEYANG Gallery, Modernist Cuisine Gallery, and TW Fine Art.

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trending_up market schedule Apr 27, 2026 visibility 25 link 3 artists

Is A Random Unknown Artist More Valuable Than Picasso? AI Thinks So.

An experiment using a custom AI model to evaluate artistic value independent of market context found that the model assigned a seven-figure price to an unknown street artist's work while valuing a Picasso at under $1,000. The project, run by an art journalist with a data scientist and an AI expert, trained a Fine Art Large Vision Model on millions of images and price data. Without metadata like artist name or gallery affiliation, the model's predictions were technically interesting but commercially useless; only when those market signals were added did predictions align with real auction outcomes.

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trending_up market schedule Sep 19, 2025 visibility 13 link 4 artists, 3 galleries

Picasso or Bitcoin? How art’s status is changing among the super-rich

Christie's and Sotheby's reported nearly flat first-half 2025 sales of $2.1bn and $2.2bn respectively, with Christie's 20th/21st-century art sales down 2% but luxury up 29%. The Mei Moses Art Index shows over 50% of auction lots sold at negative compound annual returns, which analyst Michael Moses calls 'the worst overall financial performance in the 21st century.' Meanwhile, Bitcoin, gold, and stocks have significantly outperformed art, with BlackRock's Bitcoin ETF alone attracting $84bn—far exceeding the global art market's total value. A record $43.9m Canaletto sale to a Bezos-linked buyer underscores that top-tier works still command attention, but the broader trend suggests wealthy investors are prioritizing financial returns over art as a status symbol.

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trending_up market schedule Apr 15, 2026 visibility 16 link 1 artist

Sotheby’s Owes Real Estate Firm $10.2 Million Commission: Lawsuit

Real estate giant Cushman & Wakefield has filed a lawsuit against Sotheby’s, alleging the auction house failed to pay a $10.2 million commission following the $510 million sale of its New York headquarters. The dispute centers on the building at 1334 York Avenue, which was sold to Weill Cornell Medicine in late 2025 after the medical institution initially leased several floors through a deal brokered by the real estate firm.

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trending_up market schedule Jul 7, 2025 visibility 18 link 4 artists

The art market bites back as estimates fail to score

Sotheby’s, Christie’s and Phillips raised a combined $1.27bn from their May 2025 marquee auctions of Modern and contemporary art in New York, an 8% decline from the same period last year, according to data from London-based auction analysts Pi-eX. The highest-priced lot, Alberto Giacometti’s 1955 bronze bust *Grande tête mince (Grande tête de Diego)*, estimated at $70m, failed to sell, while Andy Warhol’s *Big Electric Chair* (1967), valued at $30m, was withdrawn before Christie’s auction to avoid a similar fate. The downturn is attributed to geopolitical uncertainty under Donald Trump’s presidency, including tariffs announced on April 2, which have unsettled buyer confidence.

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