Art News. Vasari Codex

trending_up market schedule Aug 18, 2025 visibility 12 link 3 artists

sothebys van halen guitar grails week

Sotheby’s will auction Eddie Van Halen’s custom-built 1982 Kramer guitar, estimated at $2–3 million, as the centerpiece of its inaugural “Grails Week” in New York this October. The instrument, unseen for over 40 years, was played on tour, later owned by Mötley Crüe’s Mick Mars, and features Van Halen’s iconic red, black, and white striped design. The week-long sales series will also include Bob Dylan lyrics, Rolling Stones album artwork, and a Beatles cymbal.

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trending_up market schedule Jul 28, 2025 visibility 11 link 6 artists

priority bidding phillips

Phillips auction house announced a new fee structure for fall 2025 called "priority bidding," which offers lower buyer's premium rates to bidders who place written bids at least 48 hours before a live sale. The move aims to encourage early engagement and generate more spirited bidding, while also providing certainty for sellers. The house is simultaneously raising its standard buyer's premium to as high as 29 percent on works up to $1 million, making it the highest among major auction houses. CEO Martin Wilson, who took over in January, hopes the program will mitigate risk and shore up sales of mid-priced works.

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trending_up market schedule Jul 28, 2025 visibility 13 link 5 artists

art market minute jul 28

Artnet News reports that AI-generated artworks are achieving record prices at art fairs and auction houses, with increasing presence in major exhibitions like the Digital Art Mile during Art Basel and a dedicated AI art auction at Christie's. The article features commentary from Artnet's European news reporter Jo Lawson-Tancred, who discusses how artificial intelligence is transforming both the market and business practices in the art world, while noting lingering concerns about market readiness and ethics.

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trending_up market schedule Jul 17, 2025 visibility 20 link 6 artists

why no one trusts art prices anymore

Artnet News editor-in-chief Naomi Rea joins Kate Brown on The Art Angle podcast to discuss the unraveling of traditional art pricing logic. The art market has cooled beyond a typical downturn, entering what Rea calls a "danger zone" where dealers and advisors are quietly recalibrating as speculation dries up and confidence wanes. The episode examines how pricing mechanisms that once held the market together have broken down, affecting everyone from mega-galleries to emerging dealers.

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trending_up market schedule Jul 16, 2025 visibility 8 link 5 artists

global auction sales h1 2025 arttactic analysis

Global auction sales at Christie’s, Sotheby’s, and Phillips fell 6.2% in the first half of 2025 compared to the same period last year, while the number of lots sold rose 1.3%. ArtTactic’s analysis reveals significant category shifts: post-war and contemporary art dropped 19.3% to $1.22 billion, impressionist and modern art fell 7.7% to $989.5 million, and luxury sales were nearly flat. In contrast, Old Masters surged 35.6% to $171.2 million, and design, decorative arts, and furniture rose 20.4% to $172 million. The decline in high-value trophy lots, including the withdrawal of Andy Warhol’s *Big Electric Chair* and Alberto Giacometti’s *Grande tête mince*, contributed to the slump in contemporary sales.

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trending_up market schedule Jul 15, 2025 visibility 11 link 3 artists

phillips pollock painting lawsuit david mimran

Phillips auction house has filed a lawsuit against David Mimran, a film producer and son of billionaire Jean Claude Mimran, alleging he failed to pay $14.5 million for a Jackson Pollock drip painting (ca. 1948) that sold at a New York auction in November 2024. Mimran had agreed to a third-party guarantee for the work, which sold for $15.3 million with fees, but according to Phillips, he sought an extension and then claimed he could not pay. The auction house is seeking nearly $15 million including interest.

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trending_up market schedule Jul 11, 2025 visibility 16 link 6 artists

man ray rediscovered

A rediscovered watercolor sketch by Man Ray, created in 1913 when he was in his early twenties, has resurfaced after decades in an attic and sold for £18,000 ($24,000) at Dreweatts auction house in Newbury, England, on July 10. The work, titled *Nude Playing Musical Instrument [Study for “Tapestry Painting”]*, is a preparatory study for a lost larger oil-on-linen tapestry and offers rare insight into the artist's pivotal transition from traditional painting to avant-garde experimentation inspired by European modernism encountered at the 1913 Armory Show.

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article news schedule Jul 2, 2025 visibility 10 link 5 artists

picasso ceramics studio reopens

Pablo Picasso's former ceramics studio, the Madoura Pottery workshop in Vallauris, France, is set to reopen to the public in 2027 after a €7 million ($8.2 million) renovation. The studio, opened in 1938 by ceramicist Suzanne Ramié and her husband Georges, was a creative hub for Picasso, Matisse, and Marc Chagall before closing in 1997. Mayor Kevin Luciano has led the project, which includes structural repairs, asbestos removal, a new 3,000-square-foot extension for a museum entrance, and a 20,000-square-foot public garden. The first construction phase is complete, with the second starting this fall.

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article news schedule Jun 24, 2025 visibility 9 link 2 artists

banksy mural lawsuit bethnal green

A legal dispute has erupted over a Banksy mural, *Yellow Lines Flower Painter* (2007), painted on the Bethnal Green Working Man’s Club in east London. The club’s trustees have filed a lawsuit against employee Warren Dent and others, alleging the work was illegally removed and put up for sale in the US. The mural, depicting a workman and a giant flower emerging from double-yellow lines, is currently in Colorado. The club’s former accountant claims secretary Stephen Smorthit agreed to sell the piece to Dent for £20,000 in 2019, after which art restorer Chris Bull removed it and later loaned it to his father’s gallery in Aspen. The trustees argue they never authorized the sale and are demanding the work’s return.

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gavel restitution schedule Jun 23, 2025 visibility 15 link 2 artists

romania secures hold on stolen el greco painting

Romania has secured a 'long-term hold' on El Greco's painting *Saint Sebastian* (1610–1614), which was pulled from a Christie’s New York Old Masters sale in February after the Romanian government claimed the work was unlawfully taken from its national collection. The painting, valued at $7–9 million, was consigned by Russian billionaire Dmitry Rybolovlev, who acquired it in 2010 from Swiss dealer Yves Bouvier. Romania has initiated litigation through Paris to recover the work, arguing it was illegally removed in 1947 by King Michael I as he fled the Communist takeover.

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trending_up market schedule Jun 18, 2025 visibility 11 link 2 artists

picasso ceramics auction geneva

A rare collection of seven unique Picasso ceramics, hand-painted between 1947 and 1964 at the Madoura Pottery Workshop in Vallauris, France, will be auctioned at Piguet in Geneva on Thursday. The pieces, including plates and platters featuring animals and motifs from Picasso's oeuvre, have been in private hands for nearly 40 years after being gifted from the Picasso estate to a friend in the 1980s. Estimates range from 20,000 to 50,000 Swiss francs, with a pigeon platter expected to fetch the highest price. Two additional works on paper by Picasso from the same owner are also included in the sale.

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trending_up market schedule Jun 12, 2025 visibility 10 link 5 artists

francois xavier lalanne rhinoceros bar sothebys

Sotheby's design sale in New York achieved the second highest auction price ever for a work by French artist François-Xavier Lalanne, with his monumental sculpture desk *Grand Rhinocrétaire II* (1964) selling for $16.4 million—more than triple its $5 million high estimate. The piece, which opens into a fully functional writing desk, sparked a 13-minute bidding battle. Just weeks earlier, another Lalanne work, *Bar aux Autruches* (1967–68), sold for €11.1 million at Sotheby's Paris. The all-time record for Lalanne remains $19.4 million for *Rhinocrétaire I*, sold at Christie's Paris in 2023.

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trending_up market schedule Jun 11, 2025 visibility 8 link 2 artists

sothebys frame clothing collection

Fashion brand Frame has released a clothing collaboration with Sotheby’s, featuring loungewear, jeans, jackets, and accessories that prominently display the auction house’s logo. The capsule collection, described as a first-of-its-kind partnership, includes items like a $228 beach towel, $278 shorts, and a $1,298 cashmere sweater, modeled by Sotheby’s staff including SVP Ashkan Baghestani and AVP Kelly Pyrtle.

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trending_up market schedule Jun 5, 2025 visibility 19 link 16 artists

barbara hepworth takes top lot at londons british art sales

London's auction houses held seven sales of Modern British art this week, achieving £22.3 million (including buyer's premium) against a presale estimate range of £21.3 million to £31.7 million. A total of 547 of 705 lots sold, a 77.6% sell-through rate. Bonhams struggled, with half its top lots unsold, including a Henry Moore bronze estimated at £1–2 million, but Pyms gallery and art adviser Wentworth Beaumont bought key works below estimate. Sotheby's raised £6.4 million, led by Edward Burra's *Striptease, Harlem* (1934) at £842,500, and a Paul Nash watercolor tripled its estimate to £212,500. Christie's achieved the highest total at £12 million, topped by Barbara Hepworth's *Figure (Sunion)* (1960), bought by Pyms gallery for over £800,000.

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trending_up market schedule May 28, 2025 visibility 17 link 4 artists

lost gustav klimt portrait african prince tefaf maastricht

A long-lost Gustav Klimt portrait of an African prince, missing since World War II, has resurfaced and is now on view at TEFAF Maastricht with a €15 million ($16.4 million) price tag. The painting, titled *Prince William Nii Nortey Dowuona* (1897), was brought to W&K – Wienerroither & Kohlbacher Gallery in 2023 in poor condition, but a stamp from Klimt's estate led to its identification by catalog raisonné author Alfred Weidinger, who had searched for it for two decades. The work depicts an Osu prince from present-day Ghana, created after Klimt attended an ethnographic exhibition at Vienna's Tiergarten am Schüttel where Osu people were put on display. The painting had been owned by Ernestine and Felix Klein, Jewish collectors who fled the Nazis, and is now being shown after a restitution settlement with Klein's heirs.

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trending_up market schedule May 27, 2025 visibility 15 link 16 artists

calder sale art detective

An Alexander Calder mobile, *Big Horizontal Red* (1956), estimated at $5–7 million, is set for auction at Christie’s on May 12. The work’s provenance traces through Perls Galleries, the Texas Institute for Rehabilitation and Research, and a private New York collection, but a source reveals that its 1997 purchaser, Patricia Halterman, was the granddaughter of Magda Goebbels, wife of Nazi propaganda minister Joseph Goebbels. Christie’s declined to comment on the consignors but stated it conducted careful evaluation and diligence.

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trending_up market schedule May 19, 2025 visibility 21 link 11 artists

may marquee auctions recap analysis christies sothebys

Christie's marquee auctions in New York generated $489 million across two sales, led by the $272 million 'Leonard & Louise Riggio: Collected Works' sale and a $217 million 20th century art evening auction. The house guaranteed all 39 lots in the Riggio sale and used third-party guarantees on many others to mitigate risk in a soft market. Top lots included Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black, and Blue* (1922) at $47.6 million, Claude Monet's *Peupliers au bord de l'Epte, crépuscule* (1891) at $49.2 million, and Mark Rothko's *No. 4 (Two Dominants) [Orange, Plum, Black]* (1950–51) at nearly $39 million. Two Warhols were pulled before the sale, highlighting ongoing challenges in selling high-value works at auction.

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trending_up market schedule May 19, 2025 visibility 20 link 7 artists

by the numbers a marathon night at sothebys moves 186 1 million worth of contemporary art

Sotheby's held a marathon night of three sales in New York, totaling $186.1 million in contemporary and ultra-contemporary art. The evening began with single-owner sales from the collections of the late dealer Barbara Gladstone and veteran dealer Daniella Luxembourg, both achieving 'white glove' results with no buy-ins. The main sale featured 42 lots, led by Jean-Michel Basquiat's *Untitled* (1981), which sold for $16.4 million. Overall, 66 of 69 lots sold, with a 94% sell-through rate, though the total fell short of the $234.6 million achieved in the equivalent sale last year.

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trending_up market schedule May 1, 2025 visibility 11 link 3 artists

gustav klimt portrait failed auction sale fraulein lieser

The sale of Gustav Klimt's *Portrait of Fräulein Lieser* (1917), which fetched €35 million ($37.51 million) at im Kinsky in Vienna in 2024, has collapsed after the anonymous Hong Kong buyer withdrew. The buyer had attempted to negotiate indemnification settlements with all known heirs of Adolf and Henriette Lieser for 60% of the sale proceeds, but one heir refused to sign, causing the deal to fall through. The auction house now faces estimated losses of at least €1.5 million ($1.7 million).

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museum exhibitions schedule Apr 27, 2026 visibility 30 link 14 artists, 1 gallery

Exhibitions set to open in Paris in May 2026: what's new to discover this month

A roundup of new art and cultural exhibitions opening in Paris and the Île-de-France region in May 2026 is announced. Highlights include the annual Rambolitrain toy train fair at Rambolitrain museum on May 1, free evening hours at the Bourse de Commerce on May 2, free entry to castles and museums in Yvelines and Seine-et-Marne on May 3, the Tour Auto classic car display under the Grand Palais glass roof on May 3-4, the Circle of Parisian Artists' 24th annual exhibition at Parc Floral from May 4-31, a new garden art exhibition "Jardin des Lumières" at the Grand Trianon in Versailles from May 5 to September 27, and a major Hilma af Klint exhibition at the Grand Palais.

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museum exhibitions schedule Oct 9, 2025 visibility 22 link 7 artists, 1 gallery

Is an auction house's loss a gallery's gain? Pilar Ordovas collaborates with former Sotheby's specialists for African and Oceanic art show

Pilar Ordovas opens an exhibition at her Mayfair gallery titled *Dialogues: European, American, African and Oceanic Art from the 20th and 21st Centuries*, running from 9 October to 12 December. The show is a collaboration with Jean Fritts, former international chairman of African & Oceanic Art at Sotheby’s, and Pierre Mollfulleda, formerly head of Sotheby’s African & Oceanic Art department in Paris. It pairs Modern and contemporary Western works with African and Oceanic objects that inspired them, including pieces from the landmark 1984 MoMA exhibition "Primitivism" in 20th Century Art.

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trending_up market schedule Apr 23, 2026 visibility 16 link 9 artists, 2 galleries

Rare art lands in new downtown Calgary gallery ahead of auction

Cowley Abbott Fine Art, a Toronto-based auction house, has opened its first permanent western Canada gallery in Calgary's East Village. The new space launches with a three-day public preview of museum-quality artworks heading to its Spring Live Auction on May 27 at the Globe and Mail Centre in Toronto. Highlights include rare works by Pierre-Auguste Renoir, Vincent van Gogh, Emily Carr, and members of the Group of Seven such as Lawren Harris and A.Y. Jackson. Among the standout pieces is Emily Carr's 1936 canvas "Wind," estimated at $500,000 to $700,000, and a Lawren Harris painting valued similarly. The gallery aims to attract both collectors and casual visitors, with Peter Ohler, Western Canada Representative and Director of Private Sales, emphasizing that the space is open to anyone interested in art.

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article news schedule Nov 27, 2025 visibility 18 link 12 artists, 1 gallery

Repeat art fraudster arrested for stealing Courbet painting

London gallery owner Patrick Matthiesen consigned a Gustave Courbet painting, *Mother and Child on a Hammock* (1844), to the Nicholas Hall Gallery in New York for Tefaf Maastricht 2023, listed at $650,000. After it failed to sell, Matthiesen was contacted by a man calling himself Thomas Doyle (also A.J. Doyle), who claimed to be a former US Air Force pilot, government contractor, and art dealer with family ties to Doyle Auctions. Despite Doyle having 11 prior fraud convictions—including stealing a bronze Degas statue in 2007—Matthiesen was convinced by artworks Doyle sent for inspection, including works attributed to El Greco, Rubens, and a Michelangelo drawing. In 2024, Doyle borrowed the Courbet to show a potential buyer and never returned it. Doyle has now been arrested for the theft.

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trending_up market schedule Oct 9, 2025 source 2 sources visibility 18 link 6 artists

Jean-Michel Basquiat’s Crowns (Peso Neto)To Star in Sotheby’s Contemporary Art Evening Sale

Jean-Michel Basquiat's 1981 painting *Crowns (Peso Neto)* will headline Sotheby's Contemporary Evening Sale this November, carrying an estimate of $35–45 million—the highest ever for a Basquiat work from that year. The painting, never before offered at auction, debuted at Annina Nosei Gallery in 1982 and was later shown at documenta 7. It will be publicly exhibited in London, Paris, and New York before the sale, which coincides with the opening of Sotheby's new global headquarters in the former Whitney Museum's Breuer Building.

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person people schedule Apr 7, 2026 visibility 25 link 2 artists, 1 gallery

Frieze Taps Art Basel Veteran Frank Lasry as Chief Operating Officer

Frieze has appointed Frank Lasry as its new Chief Operating Officer, effective this June. Lasry joins the organization with an extensive pedigree in the art market, having previously served as COO at Perrotin and managing director at Art Basel, where he was instrumental in launching Art Basel Paris. His career also includes senior leadership roles at major auction houses Christie’s and Phillips, positioning him as a veteran executive with deep operational expertise across multiple sectors of the industry.

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article policy schedule Jun 24, 2025 visibility 16 link 4 artists, 3 galleries

italy cuts art vat to 5 percent

Italy has announced a reduction in its VAT on art sales from 22 percent to 5 percent, the lowest rate in the European Union. The move, approved in a cabinet meeting and set to take effect within days, follows sustained pressure from Italian galleries, artists, auction houses, and art market players. The new rate must be approved by parliament within 60 days to become permanent. The change aligns with an EU directive allowing member states to lower taxes on art sales to at least 5 percent, and comes after the government initially resisted calls for reform.

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trending_up market schedule May 6, 2025 visibility 14 link 1 artist, 1 gallery

Tirzah Garwood's archive of work worth £30,0000 to be sold at auction

Cheffins auction house in Cambridge, UK, will sell the first archive of work by artist Tirzah Garwood to come to the market, in its Art & Design Sale on 22 May. The archive, estimated to fetch around £30,000, includes wood engravings, pencil sketches, and a sketchbook, and has been consigned by the granddaughter of artist Frederick Austin, a friend of Garwood and her husband Eric Ravilious. The sale coincides with the first major retrospective of Garwood's work, "Tirzah Garwood: Beyond Ravilious" at Dulwich Picture Gallery, which has helped revive interest in her career.

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museum exhibitions schedule May 22, 2026 visibility 3 link 20 artists

The Kiran Nadar Museum of Art and Christie's Unveil 'The Meeting Ground: Scenes from the KNMA Collection' - Christie's

The Kiran Nadar Museum of Art (KNMA) in New Delhi and Christie's London have announced a major institutional exhibition titled 'The Meeting Ground: Scenes from the KNMA Collection,' running from 16 July to 21 August 2026 at Christie's King Street. The show brings together modern and contemporary works alongside folk and indigenous art from South Asia, curated by Akansha Rastogi with a team of curators. It features artists such as M.F. Husain, S.H. Raza, Zarina Hashmi, and Jangarh Singh Shyam, and is part of KNMA's ongoing international programme.

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museum exhibitions schedule May 21, 2026 visibility 6 link 33 artists, 3 galleries

Christie's presents SLG Forever a special selling exhibition in partnership with the South London Gallery raising vital funds in its 135th anniversary - Christie's

Christie's is partnering with the South London Gallery (SLG) for a special selling exhibition titled 'SLG Forever,' running at Christie's London from 5 to 25 June 2026 and online until 30 September. Over 25 renowned artists—including Firelei Báez, Tracey Emin, Frank Bowling, Antony Gormley, and Yinka Shonibare—have donated works to raise funds for the SLG's 135th anniversary campaign, which aims to collect £2 million. The exhibition coincides with London Gallery Weekend and features artists with strong ties to the SLG, many of whom have had solo shows or studios nearby.

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trending_up market schedule May 19, 2026 visibility 5 link 15 artists

Modern Art + Design Draw Active Bidders At Eldred’s

Eldred’s auction house held its Modern Art + Design sale on May 7, featuring 245 lots of art, furniture, decorative arts, rugs and collectibles. The sale achieved a total of $221,740 with an 81% sell-through rate, driven by active phone, online, and absentee bidding. Top lots included a Tiffany Studios Nautilus table lamp that sold for $23,040 (more than three times its estimate), a Handel reverse-painted glass table lamp that reached $10,880 against a $800–$1,200 estimate, and Frank Stella’s “Aiolio” from his “Imaginary Places III” series, which fetched $17,920. An abstract oil on canvas by Manabu Mabe also performed strongly, selling for $14,080.

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