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Christie’s Double-Header Totals $1.1 B., With Several Trophy Works Notching New Records

Christie’s held two evening sales on Monday—the S.I. Newhouse collection and a 20th-century art sale—that together generated $1.1 billion across 64 lots. The Newhouse tranche alone made $630.8 million, bringing the cumulative total of the collection to over $1 billion, making it likely the most expensive collection ever sold at auction after Paul Allen’s $1.7 billion blockbuster. Top lots included Jackson Pollock’s *Number 7A, 1948* at $181.2 million (the fourth most expensive painting ever sold at auction), Constantin Brâncuși’s *Danaïde* at $107.6 million, and a Mark Rothko work at $98.4 million.

despite global art market contraction prints are thriving

The print market is experiencing a significant resurgence, defying the broader contraction seen in the global art market. Recent events like the IFPDA Print Fair in New York reported record-breaking attendance of 21,000 visitors, while auction data shows that over 54,000 print lots were sold in 2024—the highest volume in a decade. While total sales value dipped slightly, the decline was far less severe than the 27 percent drop seen in the general fine art sector.

stop making sense 2025 art market analysis

The article analyzes the chaotic and contradictory state of the global art market in 2025, a year marked by extreme volatility following President Donald Trump's return to office. Key events include strong sales at Frieze Los Angeles in February, a record $13.8 million sale of a painting by M.F. Husain at Christie's, and a sharp downturn after Trump imposed sweeping tariffs on major trading partners. Major auctions in May fell far short of expectations, with only $837.5 million hammered against estimates of up to $1.6 billion. Meanwhile, Art Basel expanded with a new Qatar fair, but sales at Art Basel Switzerland dropped over 35% from 2024. The year also saw a wave of gallery closures, including the sunsetting of Blum & Poe.

at miami basel dealers notch seven figure sales digital art draws crowds

Art Basel Miami Beach opened its VIP preview on Wednesday with strong early sales, including multiple seven-figure deals. Major galleries like Hauser & Wirth, White Cube, Gladstone, and Pace reported significant sales, with a $3.9 million George Condo painting leading the pack. The fair introduced a new digital-art section called Zero 10, featuring works by Beeple, which drew large crowds. Collectors such as Craig Robins, Mera and Don Rubell, Norman Braman, and Beth Rudin DeWoody were among the early attendees, and the event featured high-profile works by Jeff Koons and Maurizio Cattelan.

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.

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%.

hamad butt whitechapel damien hirst

Hamad Butt, a Young British Artist (YBA) whose career was cut short by AIDS in 1994, is finally receiving a retrospective at Whitechapel Gallery in London, titled “Apprehensions,” on view until September 7. The exhibition highlights Butt’s bio-art installation *Transmission* (1990), which features live flies feeding on sugar paper texts about contagion, alongside glass books lit by ultraviolet lamps. The show reassesses Butt’s subtle, layered work in contrast to the more famous YBAs like Damien Hirst, who debuted a strikingly similar fly piece, *A Thousand Years* (1990), shortly after Butt’s work was first exhibited.

artists gallery representation

Many artists are rethinking traditional gallery representation, seeking not just sales but also help with copyrights, visibility, and partnerships. Flexible co-representation arrangements are on the rise, with major galleries like Hauser & Wirth launching initiatives like Collective Impact to co-represent rising artists alongside their smaller founding galleries. Some artists are joining agencies or representing themselves, driven by social media's past ability to build direct collector relationships, though its power has recently declined due to algorithm changes.

dynamo room uffner lius frieze wet paint

Artnet News's 'Wet Paint' gossip column reports from Frieze Week in New York, noting a prevailing cultural pessimism fueled by essays on the death of culture and the impact of the second Trump administration. Amidst this, Jeff Koons's 'Hulk Elvis' sculptures at Gagosian's Frieze booth (priced at $3 million each, with one sold) offered a perverse relief. The column also highlights the second edition of the Esther art fair at the Estonian House, described as an 'aura fair' prioritizing community and a welcoming environment over strict commercial focus, contrasting with the more predictable Frieze fair.

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.

modern contemporary art

The article explores the distinction between Modern and contemporary art, explaining that Modern art emerged in the late 19th century as a reaction to classical art and the Industrial Revolution, with movements like Impressionism, Cubism, Futurism, and Surrealism redefining painting in response to photography. Contemporary art, by contrast, is a reaction to Modern art, with its start debated between World War II and the 1960s-70s consumerist era, encompassing diverse mediums such as sculpture, street art, and performance art, exemplified by artists like Jeff Koons, Banksy, and Yoko Ono.

Eyes Wide Open! Kenny Schachter Dishes on Delinquent Dealers, Secret Deals, and That Other ‘Salvator Mundi’

Kenny Schachter offers a sardonic, first-person account of the spring 2025 art season in New York, weaving together observations from auctions, art fairs, and gallery openings. He notes brisk business at Sotheby's and Phillips, citing specific sales like James Ensor's tiny "Still life with Stingray" ($140,800) and Georgia O'Keeffe's double-sided "Maple Leaves and Flowering Cactus" ($1.68 million). Schachter also recounts his experience at Larry Gagosian's new Madison Avenue gallery, where security guards outnumbered the artworks, and reflects on the broader economic climate, including a tax lawyer moonlighting as a 3-D printer for his own sculpture project. He contrasts the wealthiest collectors—one driving a Lamborghini but staying at a Holiday Inn Express—with dealers wearing grim faces at TEFAF, painting a picture of a bifurcated art economy.

Why did Van Gogh sign his paintings as ‘Vincent’?

Art historian Julia Engelmayer has published a study titled 'Simply ‘Vincent’: An Overview of Van Gogh’s Signed Paintings' on the Van Gogh Museum's website, analyzing why and how Vincent van Gogh signed his works. The research reveals that only 133 of his 840 surviving paintings bear a signature (16%), an unusually low proportion for a 19th-century artist. Van Gogh signed with only his first name due to strained family relations and the difficulty non-Dutch speakers had pronouncing his surname. The study also highlights his predominant use of red signatures (on 75 works), angled signatures on over half of his signed pieces, and a distinctive horseshoe-shaped 'V' used during his Arles period.

The village where Van Gogh spent his final days celebrates its most distinguished visitor

An exhibition titled "Van Gogh, Influencer: Legacies in Motion" has opened at the Château of Auvers-sur-Oise, the village near Paris where Vincent van Gogh spent his final 70 days and died by suicide in July 1890. The show, running until 3 January 2027, features nearly a hundred works by artists influenced by Van Gogh, including Léonide Bourges, Charles-François Daubigny, and Léo Gausson, though no original Van Gogh paintings are included. Curated by Wouter van der Veen, the exhibition explores visual parallels and stylistic contrasts between Van Gogh’s iconic works—such as *Church at Auvers* and *Wheatfield with Crows*—and those of his contemporaries and followers.

Duchamp in New York

The Museum of Modern Art (MoMA) has launched a major solo exhibition dedicated to Marcel Duchamp, marking the artist's first comprehensive survey in New York City in over 50 years. The exhibition explores Duchamp’s revolutionary impact on modern art, featuring iconic works and archival materials that trace his history from the 1913 Armory Show to his later years in New York. The opening is complemented by a broader "Duchamp spring" in the city, including a forthcoming exhibition of his readymades at Gagosian.

olivia barrett chateau shatto

Olivia Barrett, co-founder of the Los Angeles gallery Château Shatto, is pivoting her business strategy to navigate a cooling art market and a post-boom landscape in Southern California. After moving to the Melrose Hill art corridor, Barrett is shifting away from the high-velocity art fair model to focus on a more curated, historical program. This includes integrating 20th-century estates and secondary-market works from artists like Alice Rahon and Emily Kam Kngwarray alongside contemporary voices like Aria Dean.

performance art new collectors

The commercial market for performance art is undergoing a significant shift in value and sophistication. While performance has been sellable for decades through archival editions and documentation—a model pioneered by figures like Marina Abramović and dealer Sean Kelly—newer methods include oral contracts for 'live' works and high-stakes secondary market sales. Recent examples, such as Hauser & Wirth offering a Felix Gonzalez-Torres performance piece with an eight-figure price tag, signal that the medium is moving from a niche interest into a high-value asset class.

top 5 art market minute podcast episodes 2025

Artnet News published a roundup of the top five episodes of its podcast 'Art Market Minute' from 2025, hosted by Margaret Carrigan. The episodes cover key industry topics: whether artists still need galleries, how to build professional relationships in the art world, the rising market value of Jack Whitten's work, the impact of AI on the art market, and the wave of high-profile gallery closures reshaping the trade. Guests include Sonia Manalili, Brooke Lampley, Naomi Rea, Eileen Kinsella, Jo Lawson-Tancred, and Katya Kazakina.

christies 2025 sales results uptick

Christie's and Sotheby's have released their projected 2025 sales results, signaling a potential recovery after three years of market contraction. Sotheby's reported total sales of $7 billion, a 17% increase over 2024, with fine art up 15% to $4.3 billion. Christie's posted $6.2 billion, a 6% rise from $5.8 billion in 2024, bolstered by $234 million from its Gooding acquisition. Notable sales include Canaletto's Venice, the Return of the Bucintoro on Ascension Day for £31.9 million at Christie's and a Gustav Klimt painting that sold for $236 million at Sotheby's.

nada miami 2025 strong early sales

NADA Miami 2025 opened at Ice Palace Studios with strong early sales and a buoyant mood, as crowds streamed through the aisles on Tuesday morning. Dealers reported brisk business, with Polina Berlin selling multiple works by artists including Tamo Jugeli, Parmen Daushvili, and Casey Bolding, while Charles Moffett sold ten paintings by Kenny Rivero. The fair, hosting around 140 exhibitors, saw participation from galleries like Deanna Evans Projects, Alice Amati, and Gladwell Projects, with many dealers expressing relief and confidence after a multi-year contraction in the art market.

jeffrey deitch auction week

Art dealer Jeffrey Deitch shared his impressions of New York's $2.2 billion auction week, praising Sotheby's for its acquisition of the Breuer Building and the intimate atmosphere of its new salesroom. He highlighted the $527 million sale of Leonard A. Lauder's collection, the presence of major figures like Patrick Drahi, Larry Gagosian, and the Mugrabi clan, and lauded auctioneer Ollie Barker's skill. Deitch contrasted the experience with the old days of auction-going, noting the excitement and club-like feeling.

southern guild tribeca expansion 2025

Southern Guild, the prominent Cape Town gallery co-founded by Trevyn and Julian McGowan, is opening a new outpost in a restored 19th-century Tribeca townhouse on Leonard Street in New York. The expansion comes as the gallery closes its Los Angeles space, a move the McGowans describe as instinctive rather than strategic. The new space, with its sixteen-foot ceilings and exposed brick, represents a leap of faith amid a challenging 2025 art market marked by gallery closures and industry retrenchment.

joan miro constellations 3 things to know

Spanish Surrealist Joan Miró created the "Constellations" series of 23 paintings on paper between January 1940 and September 1941, during the turmoil of the Spanish Civil War and World War II. Fleeing to Normandy and later Palma de Mallorca, Miró used oil and tempera on small sheets, producing joyful, abstract works filled with floating forms reminiscent of music and the cosmos. The series was shipped to New York in 1944 and exhibited in 1945 at Pierre Matisse's gallery, where it captivated exiled European artists and may have influenced Jackson Pollock's all-over drip painting style.

jeffrey epstein emails leon black picasso gagosian

Newly released emails from convicted sex offender Jeffrey Epstein reveal that he discussed a plan by billionaire art collector Leon Black to purchase a Picasso painting from Gagosian gallery for $100 million. In a 2015 email to Melanie Spinella, a representative for Black, Epstein questioned the lack of a written contract for the overseas transfer, calling it 'fishy.' The emails also show Epstein advising Black on broader art purchasing strategies, including assigning agreements to family members, and offering opinions on Artspace, the online art marketplace acquired by Black's publishing house Phaidon.

robert longo pace gallery review

Artist Robert Longo presents a new exhibition at Pace Gallery, featuring his signature large-scale, hyperrealistic drawings that address themes of brutality, conflict, and protest. The show is a revised version of a 2023 exhibition at the Milwaukee Art Museum, with works based on media images of events such as the war in Ukraine, Black Lives Matter protests, and migrant crises. The article critically examines several pieces, including "Untitled (Ferguson Police, August 13, 2014)" and "Untitled (Refugees at Mediterranean Sea, Sub-Saharan Migrants, July 25, 2017)," arguing that Longo's manipulations of source photographs result in melodramatic and dishonest representations.

rashid johnson painting howard lutnick tequila video

United States Commerce Secretary Howard Lutnick posted a video on social media showing off a new tequila bottle, but the backdrop featured a painting from Rashid Johnson's "Anxious Red" series. The artwork, confirmed by Hauser & Wirth as an authentic Johnson piece purchased on the secondary market, sparked criticism online due to the irony of Lutnick—a Trump appointee whose administration has cut public health funding—owning a work born from pandemic-era anxiety. The series originally supported the WHO's Covid-19 Solidarity Response Fund through a 2020 charity auction, the same organization Trump withdrew the U.S. from on his first day in office.

andrew cuomo zohran mamdani mayoral campaign donations

Former New York governor Andrew Cuomo relaunched his New York mayoral campaign as a third-party candidate on July 14, after losing the Democratic primary to Zohran Mamdani by 12 points on June 24. A recent ARTnews data analysis reveals that prominent art world figures have donated to both campaigns, with Cuomo receiving contributions from Christie's executives, Phillips and Sotheby's staff, Gagosian directors, art dealers, and museum leaders, while Mamdani drew support from foundation directors, museum curators, gallery directors, and numerous artists. The pro-Cuomo super PAC Fix the City received $5 million from billionaire Michael Bloomberg and $250,000 from Top 200 collector Daniel Loeb, while the pro-Mamdani super PAC raised about $1.4 million.

asian collectors and dealers art basel

Asian collectors and dealers are increasingly choosing to skip Art Basel's flagship Swiss edition in favor of Art Basel Paris, citing the French capital's more appealing experience. Amid a market contraction, figures like Monique Leong are skipping Basel for the second year, while others such as Kankuro Ueshima, Rosy Wu, and Kazunari Shirai still attend. Notable appearances include K-pop star RM of BTS, who made his first public appearance after military service as Samsung Art TV's global ambassador. The fair saw Asian languages spoken widely, and young first-time collectors brought private guides to maximize their visit.

ilana savdies shapeshifting worlds

Artist Ilana Savdie, known for her electrically colorful and biomorphic paintings, presents a new series titled "Glottal Stop" at White Cube in New York. The exhibition explores themes of camouflage, animal mimicry, and the physical toll of global discord, featuring works that use pigmented beeswax, oil, and acrylic to create nearly sentient surfaces. Savdie draws from horror films, Baroque painting, and anatomy books, incorporating suspended painted latex sheets into an immersive, maze-like installation.

pilar corrias new gallery london 2023

Pilar Corrias is expanding her London gallery with a new 5,000-square-foot flagship space at 49-51 Conduit Street in Mayfair, featuring 16-foot ceilings and street-level access. The gallery, now 15 years old, has grown from representing 4 to 35 artists, including top-selling names like Christina Quarles. Corrias decided to open the new space after a four-year search, citing its rare size and industrial character as a contrast to her existing Savile Row location, which she will retain. The first exhibition in the new gallery will showcase new paintings by Christina Quarles.