Art News. Vasari Codex

trending_up market schedule Jun 11, 2025 visibility 18 link 16 artists

Pauline Karpidas collection estimated to make £60m at Sotheby's

Sotheby's will hold a two-day sale in London on September 17-18 of around 250 works from the collection of British patron Pauline Karpidas, estimated at over £60 million—the highest estimate ever for a single-owner collection at the auction house in Europe. The sale includes Surrealist works by Max Ernst, Niki de Saint Phalle, Francis Picabia, and Salvador Dalí, alongside pieces by Andy Warhol and design objects by Les Lalanne, all drawn from Karpidas's London home.

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trending_up market schedule May 15, 2025 visibility 24 link 13 artists

Christie’s Spring Marquee Week Totals $693 Million 123% Over Low Estimate - Christie's

Christie's Spring Marquee Week, held May 12–15, 2025 in New York, generated $693 million in total sales, exceeding the low estimate by 123% and surpassing the auction house's totals from both May and November 2024. The week featured six evening and day sales, led by the $272 million Leonard & Louise Riggio: Collected Works sale, with the top lot being Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922) selling for $47.6 million. Marlene Dumas' *Miss January* set a new auction record for a living female artist at $13.6 million, and additional records were set for Simone Leigh, Emma McIntyre, Louis Fratino, Dorothea Tanning, and Remedios Varo. The overall sell-through rate was 88% by lot, with strong bidding across all price bands.

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trending_up market schedule May 13, 2025 visibility 20 link 7 artists

Record-breaking female Surrealists spice up underwhelming Christie’s New York sales

Christie’s New York spring sales brought in a combined $489 million across two evening auctions, including the Leonard and Louise Riggio collection ($272 million) and a 20th-century evening sale ($216 million). While sell-through rates were high at 94%, bidding was shallow and several high-profile lots underperformed: a Mondrian estimated at $50 million sold for $47.6 million, a Magritte from the Empire of Light series matched its 2023 price at $34.9 million, and a Lucio Fontana canvas that sold for $14 million in 2017 fetched just $7.5 million. Andy Warhol’s Big Electric Chair was withdrawn last minute amid a reported $10 million gap between seller and buyer expectations. The sales were bolstered by third-party guarantees and came hours after news of a temporary US-China tariff détente.

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person people schedule May 1, 2025 visibility 11 link 5 artists

Christie’s names new global president

Christie’s has appointed Alex Rotter as its new global president, marking another leadership change at the auction house. Rotter, who previously led the 20th- and 21st-century art department, will retain those responsibilities while developing strategies for auction and private sales. He joined Christie’s in 2017 and oversaw record-breaking sales including Jeff Koons’s *Rabbit* ($91.1m), Andy Warhol’s *Shot Sage Blue Marilyn* ($195m), and the *Salvator Mundi* attributed to Leonardo da Vinci ($450.3m). The appointment was made by CEO Bonnie Brennan, who succeeded Guillaume Cerutti earlier this year.

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article policy schedule Apr 9, 2026 source 2 sources visibility 21 link 2 artists

Greece Introduces New Law to Combat Art Forgery and Vandalism

Greece has enacted a landmark legislative framework specifically designed to combat art forgery, vandalism, and the trade of counterfeit cultural property. The new law introduces stringent criminal penalties, including prison sentences of up to ten years and fines reaching €300,000, while mandating the destruction of works confirmed as fakes. Key provisions include the creation of an independent registry of forgery experts under the culture ministry and the expansion of legal protections to include historically significant cinemas.

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trending_up market schedule May 18, 2026 visibility 8 link 14 artists

Da Medardo Rosso a Josef Albers: il Novecento va in asta da Il Ponte a Milano

Il Ponte auction house in Milan will hold sales of Modern and Contemporary Art on May 26-27, 2026, followed by Prints and Multiples, with previews from May 22-24 at Palazzo Crivelli. Highlights include Josef Albers' *Study for Homage to the Square: Full Tenor* (1959, estimate €200,000-300,000), Medardo Rosso's wax sculpture *Enfant juif* (€70,000-80,000), and works by Giorgio Morandi, Bruno Munari, Felice Casorati, Giorgio de Chirico, and others spanning the 20th and 21st centuries.

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trending_up market schedule May 18, 2026 visibility 5 link 1 artist, 1 gallery

Muhammad 2., 2025 by Julian Opie, Direct to media print on painted wooden board, 129.8 x 83.9 x 3.6 cm (1)

Julian Opie's 2025 artwork "Muhammad 2." is featured, a direct-to-media print on painted wooden board measuring 129.8 x 83.9 x 3.6 cm. The article promotes a platform that partners with leading galleries to showcase artists, artworks, and exhibitions, with gallery membership by application and invitation only, vetted by industry peers.

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museum exhibitions schedule May 7, 2026 visibility 22 link 6 artists, 1 gallery

'Cunningham Capsule' at Knust Kunz Gallery Editions, Munich, Germany on 15 May–6 Jun 2026

Knust Kunz Gallery Editions in Munich, Germany, will host 'Cunningham Capsule,' an exhibition running from 15 May to 6 Jun 2026. The gallery, founded in 1982 as Galerie Sabine Knust, has a long history of collaborating with major artists such as Georg Baselitz, Per Kirkeby, A.R. Penck, Markus Lüpertz, Jörg Immendorff, and Imi Knoebel, focusing on their print and graphic works. Matthias Kunz joined as a partner in 1998.

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trending_up market schedule Mar 17, 2026 visibility 17 link 7 artists, 3 galleries

From oil to canvas: Saudi Arabia’s emerging art economy

Saudi Arabia's art market reached a significant milestone with Sotheby’s second "Origins" auction in Riyadh, headlined by the $2.1 million sale of Safeya Binzagr’s painting "Coffee Shop in Madina Road." This record-breaking event, which nearly doubled its high estimate, underscores the rapid growth of the Kingdom’s art economy under the Vision 2030 plan. The auction saw a mix of local and international buyers, signaling that Saudi artists are increasingly being integrated into the global contemporary art dialogue.

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trending_up market schedule Jul 10, 2025 visibility 17 link 11 artists, 1 gallery

Phillips claims stake in South Asian market with London exhibition

Phillips auction house has launched a selling exhibition titled "Crossing Borders" at its Berkeley Square location in London, featuring 64 South Asian Modernist artists including Bhupen Khakhar, Huma Bhabha, Rasheed Araeen, and Nilima Sheikh. The show, organized in collaboration with Grosvenor Gallery, includes major market figures like S.H. Raza and F.N. Souza alongside lesser-known names such as Ahmed Parvez and Viswanathan. Prices range from £5,000 to £1.5 million, with works jointly consigned and profits shared between Phillips and Grosvenor. The exhibition marks Phillips' most significant entry into the South Asian art market, a sector long dominated by Sotheby's, Christie's, and Bonhams.

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trending_up market schedule Apr 24, 2025 visibility 12 link 4 artists, 3 galleries

Former Sotheby's chairman recounts the birth of the London art market as we know it

James Stourton, former chairman of Sotheby's UK, has written a book titled "Rogues and Scholars" that chronicles the rise of London's art market after World War II. The article highlights key moments such as Sotheby's 1958 sale of the Goldschmidt collection of Impressionist art, which transformed auctions into glamorous evening events, and the introduction of the buyer's premium in 1975, which Stourton calls "the Big Bang of the art world." It also profiles influential dealers and galleries like Marlborough Gallery, Robert Fraser, Christopher Gibbs, and Robin Symes who shaped global tastes from London.

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article culture schedule Apr 18, 2025 visibility 16 link 2 artists, 1 gallery

New book explores the complex history of Jewish country houses

A new book titled *Jewish Country Houses*, edited by Juliet Carey and Abigail Green, explores the history of approximately 1,000 country estates built or remodeled by wealthy Jewish families across Great Britain and Continental Europe from the French Revolution until World War II. These houses, such as Waddesdon Manor and Château de Champs-sur-Marne, served as symbols of social arrival and assimilation, blending eclectic architectural styles with art collections from European auction houses. The volume, published by Profile and Brandeis University Press in association with the National Trust, features contributions from an international team of historians and curators, with photographs by Hélène Binet, and includes case studies of a dozen houses now open to the public.

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trending_up market schedule Mar 18, 2025 visibility 9 link 10 artists, 3 galleries

9 artists break auction records at Sotheby’s South Asian sale.

Nine artists broke auction records at Sotheby’s modern and contemporary South Asian sale in New York on March 17, 2025. The sale totaled $16.8 million, more than tripling its low estimate of $4.9 million. The top lot was Jagdish Swaminathan’s triptych *Homage to Solzhenitsyn* (1973), which sold for $4.68 million, far exceeding its estimate. Jehangir Sabavala’s *The Journey of the Magi* (1963) followed at $2.73 million. Other record-breakers included Ganesh Pyne, Madhvi Parekh, Nelly Sethna, Sheikh Mohammed Sultan, Mohan Sharma, and M. Sain.

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trending_up market schedule Dec 3, 2025 visibility 13 link 5 artists, 1 gallery

Despite years of political and economic turmoil, Iran’s art market is thriving

Tehran Auction, Iran's premier auction house, held a $1.5 million art sale at the Azadi Hotel in October, selling 120 works by top Iranian Modern and contemporary artists. This strong domestic performance contrasts sharply with the weak showing of Iranian art at Sotheby's and Christie's in London, where prices have slowed amid sanctions and geopolitical isolation.

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museum exhibitions schedule May 1, 2025 visibility 13 link 4 artists, 1 gallery

Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs

South Korean artist Choi Sang Chul, in his late 70s, held the opening of his exhibition 'Mumool' at Baik Art gallery in Jakarta, Indonesia, on March 20, 2025. The event drew a crowd of wealthy local art patrons, and several of his works were sold before the ceremony ended. Choi, who earned a BFA from Seoul National University and has rejected artistic trends since the 1970s, uses unconventional methods like stones instead of brushes to create his pieces. His work initially received a tepid response at Art Jakarta in 2023, but interest has since grown.

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gavel restitution schedule May 20, 2026 visibility 4 link 1 artist

Authorities in New York return more than 650 looted antiquities, valued at nearly $14m, to India

The Manhattan District Attorney's office, led by Alvin Bragg, returned 657 looted antiquities valued at nearly $14 million to Indian authorities in late March 2025. The pieces, recovered through investigations into criminal trafficking networks, include a $2 million bronze Avalokiteshvara stolen from a museum in Raipur, a $7.5 million red sandstone Buddha smuggled by convicted trafficker Subhash Kapoor, and a sandstone dancing Ganesha looted from a Madhya Pradesh temple that passed through dealer Doris Wiener and was sold at Christie's in 2012.

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trending_up market schedule Apr 21, 2026 visibility 17 link 1 artist

Auction of Diane Keaton’s Collection Includes Art, Fashion, and Personal Treasures from Decades on Film

Bonhams auction house is conducting a series of sales of actress Diane Keaton's personal collection, titled "Diane Keaton: The Architecture of an Icon." The main in-person auction will be held at Bonhams' New York flagship on June 8, preceded by exhibitions in Los Angeles and New York, and accompanied by three online auctions focusing on her fashion, home decor, and personal objects.

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trending_up market schedule Feb 23, 2026 visibility 14 link 2 artists

what would happen to auction houses if luxury art sales

Major auction houses including Christie's, Sotheby's, and Phillips are experiencing a significant shift as luxury goods—such as cars, watches, handbags, and jewelry—see explosive growth while fine art sales decline. In 2025, fine art sales at the 'Big Three' fell by 35% to $7.04 billion, whereas luxury auction sales rose 18% to $1.84 billion. This trend is most visible at Sotheby’s, where luxury now accounts for a third of total revenue, driven by massive private sales and strategic expansions into sectors like collector cars.

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person people schedule Feb 2, 2026 visibility 11 link 1 artist

christies luxury head interview newsmakers

Christie's has promoted Kimberly Miller to the role of Global Managing Director of its luxury division. This move follows a period of strong performance for the auction house's luxury categories, which saw sales reach $795 million in 2025, a 17% increase, significantly outpacing its overall growth. Miller previously served as regional managing director for luxury in the Americas, where she oversaw jewelry, watches, wine, and handbags, and integrated the automotive auction house Gooding & Company.

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trending_up market schedule Jan 29, 2026 visibility 6 link 1 artist

sothebys art backed securitization collectible cars 900 million

Sotheby's Financial Services has priced a $900 million securitization deal backed by loans secured against artworks and, for the first time, collectible cars. The transaction bundles hundreds of loans, using the assets as collateral, and sells bonds representing the future loan payments to institutional investors, providing Sotheby's with upfront capital to issue new loans.

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trending_up market schedule Jan 21, 2026 visibility 11 link 1 artist

the art marketplace private sales

A new digital platform called the Art Marketplace, founded in mid-2025 by Elliot Safra and a group of partners, aims to streamline private art sales by addressing common frustrations in the secondary market. Unlike traditional auction houses or gallery sales, the platform lists artworks without images, revealing only key details like artist name, description, price, and last update. Requests for images or condition reports are vetted to ensure qualified interest, prioritizing confidentiality and avoiding public exposure that could harm a work's market value. Sellers can list works in minutes, bypassing intermediaries like advisors or dealers, while buyers gain access to previously obscure off-market inventory.

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article news schedule Jan 21, 2026 visibility 10 link 1 artist

how sothebys institute of art is training the next generation of leaders in luxury

Sotheby's Institute of Art, the academic arm of the Sotheby's auction house, is expanding its focus on luxury business education with three M.A. programs in Luxury Business. These programs, offered in New York and London as well as online, train students in sectors such as fashion, jewelry, watches, and wines and spirits, leveraging the institute's connections to the art market and luxury brands like Chanel, Cartier, LVMH, and Tiffany & Co. Program director Natasha Degen and Dr. Federica Carlotto emphasize the blurring boundaries between art and luxury, and the need for cross-disciplinary expertise.

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article news schedule Dec 18, 2025 visibility 15 link 2 artists

career coach survey artists careers paddy johnson

New York artist mentor Paddy Johnson released the inaugural New Visions Report on Wednesday, surveying 1,000 mid-career artists to assess their careers with the same data-driven approach used for other businesses. The report, produced with arts journalist Julia Halperin and Gray Market columnist Tim Schneider, reveals that 75 percent of surveyed artists earn $15,000 or less from their practice, 45 percent earned less in 2025 than in 2024, and 56 percent say debt influences their decisions. Despite these struggles, 73 percent remain optimistic about their careers. The report also found that even the most successful artists—those with gallery representation and museum shows—face debt and lack basic systems like estate plans, while 82 percent want more gallery and museum opportunities but are unsure how to achieve them.

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article policy schedule Nov 24, 2025 visibility 7 link 3 artists

triqueti campbell sculpture export bar

The U.K. government has imposed a temporary export bar on a mid-19th century marble sculpture by Henri-Joseph-François de Triqueti, depicting sisters Florence and Alice Campbell. The work, valued at £280,000 ($367,000), sold for £117,700 at Lyon and Turnbull auction house in January 2025. The Department for Culture, Media, and Sport (DCMS) intervened on the advice of the Reviewing Committee on the Export of Works of Art (RCEWA), citing the sculpture's rarity, outstanding aesthetic importance, and potential for scholarly study. The export license is deferred for three months, with a possible six-month extension, to allow a U.K. institution to acquire it.

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trending_up market schedule Nov 20, 2025 visibility 15 link 3 artists

churchill marrakech heffel sale 2025

A Winston Churchill painting, *Churchill’s Marrakech* (circa 1935), sold for $1.3 million at Heffel Fine Art Auction House in Toronto, more than double its high estimate of $600,000. The work was the top lot in a 27-lot sale of deaccessioned works from the Hudson’s Bay Company corporate collection, which realized $4.9 million in total hammer price. Churchill had gifted the painting to his wife, Lady Clementine Ogilvy Spencer-Churchill, who donated it to Hudson’s Bay in 1956.

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gavel restitution schedule Nov 20, 2025 visibility 14 link 2 artists

thirty five arrested in bulgaria criminal art trafficking network

Bulgarian authorities, with support from Europol, arrested 35 individuals and conducted 131 searches across Bulgaria, seizing over 3,000 cultural artifacts valued at more than €100 million. The operation targeted a criminal network trafficking artifacts from Thracian and Greco-Roman civilizations across Europe, with connections to illegal excavations in Bulgaria and the Balkans. The investigation, which began after a 2020 house raid that uncovered 7,000 artifacts, involved law enforcement from Albania, France, Germany, Greece, Italy, and the UK, and was coordinated from Sofia and Eurojust in The Hague.

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trending_up market schedule Oct 21, 2025 visibility 13 link 1 artist

pemberton asset management buys bonhams from private equity firm epirus for undisclosed sum

Pemberton Asset Management, a European private credit manager backed by Legal & General, has acquired the auction house Bonhams from private equity firm Epiris for an undisclosed sum. The acquisition led to the departure of Bonhams's global CEO Chabi Nouri and chief commercial officer Céline Assimon, with a new senior leadership team appointed including Seth Johnson as CEO, Liese Thomas as CFO, and Jennifer Babington as COO. Bonhams chairman Hans-Kristian Hoejsgaard will remain in his role, while Chris Ellerker and Mohit Agarwal from Pemberton join the board.

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trending_up market schedule Oct 9, 2025 visibility 10 link 1 artist

christies jonathan burden decorative arts auction results

Christie's online sale of decorative arts from the collection of Jonathan Burden, titled 'Crafted and Collected: The Jonathan Burden Sale,' achieved over $1.07 million with fees, more than doubling the low estimate of $487,500. The sale featured 151 lots, with only five unsold, a 97% sell-through rate. The top lot was a 10-foot-long French Incarnat Turquin marble dining table that sold for $101,600, far exceeding its $30,000 high estimate. The auction employed an innovative 'in-situ' viewing at Burden's studio in Long Island City, where potential bidders could meet the dealer, hear stories, and see pieces demonstrated. Many items sold for multiples of their estimates, including a Victorian metamorphic chair that brought $27,940 against a $3,000 high estimate.

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trending_up market schedule Oct 8, 2025 visibility 23 link 2 artists

frieze acquisition finalized mari ari emanuel

Ariel Emanuel, through his newly formed company Mari, has finalized the acquisition of Frieze, which includes its magazine, seven art fairs worldwide, and two exhibition spaces. The deal also encompasses tennis events like the Miami Open and Madrid Open, along with a majority stake in the collector car auction house Barrett-Jackson. The acquisition was first announced in May and reportedly valued at $200 million, with financial backing from investors including Apollo, RedBird Capital Partners, and the Qatar Investment Authority. Mari will be led by Emanuel and Mark Shapiro, with Simon Fox remaining as CEO of Frieze.

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trending_up market schedule Sep 26, 2025 visibility 13 link 1 artist

phillips juvenile triceratops november sales

Phillips will auction a juvenile triceratops skeleton nicknamed "Cera" during its modern and contemporary art sale on November 18 in New York. The 66-million-year-old fossil, excavated in South Dakota in 2016, is the first full juvenile triceratops ever discovered and the first triceratops to come to auction in the US in over a decade, with a presale estimate of $2.5 million to $3.5 million. The auction house is also introducing a new section called "Out of This World" within the sale, featuring natural history objects including a Steneosaurus bollensis fossil and a golden nugget, in partnership with Zurich-based art dealer Christian D. Link.

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