The rise and fall of ‘buy-one, give-one’ art sales

A once-common sales tactic in the contemporary art market, known as "buy-one, give-one" or "bogo," has significantly declined. Under this arrangement, collectors gained preferential access to in-demand artists' paintings by agreeing to purchase two works and donating one to a museum. The practice peaked from 2021 to 2023, with institutions like the Metropolitan Museum of Art and the Institute of Contemporary Art, Miami, acquiring works this way.

Lost John Constable Painting Rediscovered in Texas Bound for Auction

Lost John Constable Painting Rediscovered in Texas Bound for Auction

A long-lost, large-scale oil study by John Constable for his famous painting *The Cornfield* has been rediscovered and authenticated after decades in a rural Texas museum. Scientific analysis, including pigment tests and infrared reflectography, confirmed the materials and techniques match Constable's own, leading experts to declare it the largest known study for the 1826 masterpiece. The work, which had been mistakenly cataloged as a copy, will now be auctioned by Heritage Auctions in Dallas this June.

gallery garth greenan relocation soho 1234777062

Garth Greenan Gallery has announced it will relocate from Chelsea to SoHo in September, marking the gallery's 15th anniversary. The move involves opening two distinct spaces across from each other at 10 and 25 Greene Street, nearly tripling the gallery's current footprint to over 3,500 square feet of exhibition space. The new locations, situated in landmarked cast-iron buildings, will debut with solo exhibitions by Rosalyn Drexler and Cannupa Hanska Luger.

howard hodgkin mrs acton export bar 2752040

The U.K. government has placed a temporary export bar on Howard Hodgkin’s painting "Mrs Acton in Delhi" (1967–71) following its record-breaking £1.7 million sale at Bonhams. The move by the Department for Culture, Media, and Sport is intended to provide British institutions or domestic collectors the opportunity to match the price and keep the work within the country. The painting is considered a national treasure due to its aesthetic importance and its role in documenting Hodgkin's transition from Pop art to his signature emotive abstraction.

get up stand up artists jamaica los angeles auction 1234774218

CORE and TBA21 Thyssen-Bornemisza Art Contemporary are launching "Get Up Stand Up: Artists for Jamaica and Los Angeles," a high-profile benefit auction scheduled for February 26 during L.A. Art Week. The event features over 20 works by major contemporary artists including Henry Taylor, Hank Willis Thomas, and Nari Ward, with a live sale led by auctioneer Simon de Pury. Proceeds will fund long-term recovery efforts following Hurricane Melissa in Jamaica and recent wildfires in Los Angeles, as well as CORE’s ongoing emergency response work.

gulf art market 2740860

The Gulf region is rapidly transforming into a primary axis for the international art trade, marked by the upcoming debut of Art Basel Qatar and the rebranding of Abu Dhabi Art as a Frieze event. While state-led museum projects have long dominated headlines, a surge of commercial activity is now taking hold as blue-chip galleries like Pace and David Zwirner join local stalwarts. This expansion comes at a strategic time as traditional markets in the U.S., U.K., and China face contraction.

ashley stewart rodder dead gagosian director 1234774089

Ashley Stewart Rödder, a highly respected director at Gagosian, has passed away at the age of 42 following a prolonged illness. During her tenure at the gallery since 2019, she was instrumental in managing the careers of prominent contemporary artists including Nathaniel Mary Quinn, Stanley Whitney, Titus Kaphar, and Deana Lawson. Her career also included significant leadership roles at Salon 94 and David Zwirner, as well as board positions at the nonprofit Performa and the Children’s Art Guild.

brazilian authorities search bank ceo art assets 1234774000

Brazilian authorities are targeting the art collection and luxury assets of Daniel Vorcaro, the CEO of the recently liquidated Banco Master SA, as part of a massive fraud investigation. Following the bank's collapse due to insolvency and regulatory violations, liquidators filed subpoenas in a Miami federal court to probe Vorcaro’s dealings with blue-chip galleries and auction houses. Officials believe the financier may have funneled bank funds into high-value artworks and real estate to shield his wealth.

hot girl feminism chloe wise ambera wellmann sasha gordon 1234758952

A wave of paintings by women depicting women dominated New York galleries this fall, sparking a critical examination of contemporary feminist figuration. Artists like Emily Coan and Anna Weyant create images of idealized, often sexualized femininity, framing their work as a reclamation of beauty and personal expression.

lacma new building opening dates announced 1234772558

The Los Angeles County Museum of Art (LACMA) has announced that its new building, the David Geffen Galleries, will open to members on April 19 and to the public on May 4. Designed by Swiss architect Peter Zumthor, the 900-foot-long structure spans Wilshire Boulevard and offers 110,000 square feet of exhibition space, displaying 2,500 to 3,000 objects from the permanent collection on a single level. The museum also revealed that Willow Bay has been elected co-chair of its board of trustees, succeeding the late Elaine Wynn.

mexico city museum guide 2739921

Mexico City is renowned for its immense concentration of museums, with estimates ranging from 150 to 200 institutions. The city's art scene has been further amplified by the rise of Zona Maco, which has established a major international Art Week each February, drawing collectors and galleries. The article highlights five must-see museums, beginning with the Museo Anahuacalli, a unique museum built by Diego Rivera and architect Juan O'Gorman to house Rivera's vast collection of pre-Hispanic artifacts.

rediscovered sofonisba anguissola portrait winter show 2740681

A rediscovered 16th-century portrait by Sofonisba Anguissola, titled *Portrait of a Canon Regular* (1552), is being shown at the Winter Show at the Park Avenue Armory in New York. The painting was found in a private collection in Durham, North Carolina, after being known only through an old black-and-white photo at the Frick Art Reference Library. Old Master dealer Robert Simon is acting as the owners' agent, and the work is priced at $450,000.

alison weaver grey art museum nyu director 1234771136

New York University has appointed Alison Weaver as the next director of its Grey Art Museum, effective May 26. Weaver, who has served as founding executive director of the Moody Center for the Arts at Rice University since 2015, succeeds Lynn Gumpert, who retired last year after leading the museum since 1997. At Rice, Weaver oversaw the completion of a new building for the Moody Center, launched an artist-in-residence program, curated over 25 exhibitions, and expanded the university's art holdings. She previously taught art history at the City University of New York and served as director of affiliate museums at the Guggenheim Museum, overseeing its outposts in Bilbao, Venice, Berlin, and Las Vegas.

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The article reports on a growing trend in the art world called a 'strategic pause,' where galleries and art fairs are temporarily suspending operations to reassess their futures. Vienna's Spark Art Fair announced a hiatus, Berlin dealer Mehdi Choukri is pausing exhibitions at his 30-year-old gallery, and the Art Dealers Association of America's Art Show skipped a year to 'reimagine' its direction. Additionally, the Metropolitan Opera in New York is considering selling its iconic Marc Chagall murals, and a fresh-to-market Magritte painting is heading to Christie's London.

beverly buchanan athens disabled economy exchange mo costello katz tepper 1234770440

Beverly Buchanan, who lived in Athens, Georgia for over 20 years, often paid for everyday needs with her artworks, trading them with her doctor and local community members. A new exhibition titled "Beverly's Athens" at the University of Georgia's Athenaeum showcases works borrowed from local collections, including pieces from her doctor's personal collection and sculptures from her own backyard. The show features her flower drawings, which her dealer Betty Parsons once rejected, as well as her "ruins" sculptures and archival footage of her garden. Curators Mo Costello and Katz Tepper, both artists who are chronically ill, organized the exhibition to highlight Buchanan's ecosystem of exchange and survival.

our favourite viral gen z marketing scripts 2560542

Museums and cultural institutions are participating in a viral social media trend where staff, often older guides or curators, deliver marketing scripts written entirely in Gen Z slang. The trend, which began with a video from England's Hever Castle in early September, has spread across TikTok and Instagram, with hundreds of organizations creating their own versions. Typical phrases include "no cap," "ate and left no crumbs," and "menty b," often accompanied by the "Millennial Pause" for comedic effect. The article highlights several examples, including the Poe Museum in Virginia and the New York Historical Society, and notes that the trend has expanded beyond the art world to include accountancy firms, donkey sanctuaries, and even the NYC Ferry.

ian mckellan documentary ls lowry bbc 1234770000

Ian McKellen has signed on to star in a new BBC documentary about cult British painter L.S. Lowry, titled "L.S. Lowry: The Unheard Tapes." The film will focus on previously unheard audio recordings Lowry made in the final four years of his life, which contain what is described as the longest interview the artist ever gave. McKellen will lip-sync to Lowry's own words, bringing the artist back to life through his distinctive Lancastrian voice. The documentary is being produced by the BBC and has the support of Lowry's estate.

louvre walkout targets new mona lisa gallery 1234768892

Staff at the Louvre in Paris staged another walkout, closing the museum on Monday morning before a partial reopening at noon. The strike, backed by three unions with 350 staff members voting unanimously, protests the Louvre–Nouvelle Renaissance redevelopment plan launched by President Emmanuel Macron. The plan includes a dedicated gallery for the Mona Lisa, a new entrance, and a $778 million budget, which unions call unrealistic. The museum reopened with limited access to iconic works like the Mona Lisa, Venus de Milo, and Winged Victory of Samothrace, while other galleries remained closed.

curators reveal their favorite artworks of all time 2717382

Artnet News asked leading curators and museum directors to share their favorite artworks of all time. Connie Butler of MoMA PS1 chose David Hammons's "Bliz-aard Ball Sale" (1983), praising its connection from Duchamp to AI. Julieta Gonzalez of the Wexner Center selected Hans Holbein the Younger's "The Ambassadors" (1533), highlighting its anamorphic skull as a metaphor for viewing modernity from the margins. Madeleine Grynsztejn of MCA Chicago picked Francisco Goya's "A Pilgrimage to San Isidro" (1819–23) from his Black Paintings cycle, calling it a metaphor for fanaticism.

re air why no one trusts art prices anymore 2711783

Artnet News revisits a podcast episode featuring editor-in-chief Naomi Rea, who examines the breakdown of traditional art pricing logic amid a cooling market. The episode explores how the rules that once governed art valuation have eroded, leaving dealers, advisors, and collectors struggling to navigate a market described as being in a "danger zone." Rea discusses how mega-galleries, emerging dealers, and advisors are quietly recalibrating their strategies as speculation dries up and confidence wanes.

experts how to make it art world 2727594

Artnet News has launched a new four-part podcast mini-series titled "How to Get Ahead in the Art World," produced in partnership with Art Market Mentors. Hosted by editor-in-chief Naomi Rea and produced by Sonia Manalili, the series features insights from top art-world insiders including Cat Manson (former Christie's leader turned career coach), Loïc Gouzer (former Christie's rainmaker and founder of Fair Warning), and Brooke Lampley (senior roles at Sotheby's and Gagosian). Each episode covers a key career lesson: taking ownership of your career, trusting your instincts, leading with passion, and embracing a layoff as a reset.

contemporary art galleries 2025 2731623

The article reflects on the closure of several notable contemporary art galleries in 2025, including Clearing, Blum, High Art, Venus Over Manhattan, Sperone Westwater, Galerie Francesca Pia, Tilton Gallery, Altman Siegel, Kasmin, Rena Bransten Gallery, L.A. Louver, and Canal Projects. It opens with a eulogy for Florine Stettheimer by Georgia O'Keeffe, drawing a parallel between the artist's unique way of life and the distinctive, charismatic spirit of galleries that have shuttered. The author recounts personal experiences at now-closed spaces like Metro Pictures, JTT, and Clearing, and quotes dealer Olivier Babin and the legendary Leo Castelli on the fleeting importance of galleries.

the detroit museum of arts confronts art history while wrestling with its future 1234762292

The Detroit Institute of Arts (DIA) has reinstalled its African American galleries, moving them from the back of the museum to a prominent location beside Diego Rivera's iconic "Detroit Industry Murals" (1932–33). The reinstallation is framed by a quote from Alain Locke's 1925 essay "The Legacy of the Ancestral Arts," envisioning the museum as an instrument of cultural education and repair. Complementing this is "Contemporary Anishinaabe Art: A Continuation" (through April 5), the first comprehensive survey of art from the Indigenous inhabitants of the Great Lakes region. The DIA began collecting African American art in 1943 and in 2001 became the first US museum to name a curator devoted to that field, Valerie J. Mercer, who still serves as curator and head of African American art.

guy cogeval obituary former director musee dorsay paris 1234761988

Guy Cogeval, the former director of Paris's Musée d'Orsay, died on November 13 at age 70 after a long illness. A specialist in 19th-century art and the Nabis, Cogeval led the Musée d'Orsay from 2008 to 2017, overseeing a major renovation of 80 percent of its galleries and merging it with the Musée de l'Orangerie. He previously directed the Montreal Museum of Fine Arts and the National Museum of French Monuments, and curated acclaimed exhibitions including "Hitchcock and Art" and "Édouard Vuillard, Master of Post-Impressionism."

david zwirner benefit exhibition raises 1 million ali forney center 1234766485

David Zwirner gallery in New York hosted a four-day benefit exhibition titled “Toward the Light: Artists for the Ali Forney Center,” which raised $950,000 for the Ali Forney Center, a nonprofit supporting queer youth with housing, education, job training, and medical care. Curated by art adviser Stephen Truax, the show featured 37 artists, including Ross Bleckner, Marlene Dumas, Jenna Gribbon, Julie Mehretu, and Wolfgang Tillmans, and generated $1.2 million in sales, with artists receiving $250,000 and the gallery waiving its commission. Truax, who previously co-organized smaller editions with Sotheby’s, shifted to a gallery partnership to gain more control over sales and pricing, more than doubling his initial $350,000 fundraising goal.

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Maria Balshaw, the director of Tate, will step down in the new year after nine years at the helm, the museum announced Friday. Appointed in 2017, Balshaw was the first woman to lead the institutional network, which includes Tate Modern and Tate Britain. Her tenure was marked by a substantial diversification of Tate’s collection and programming to spotlight new art forms, indigenous artists, and artists from the Global South. She also oversaw the launch of a landmark £150 million endowment fund for Tate Modern to address financial woes. Memorable exhibitions included surveys of pre-internet digital artists, modern art in Nigeria, and retrospectives for Leigh Bowery, Isaac Julien, Yoko Ono, and Emily Kam Kngwarray.

emma mcintyre 2025 2717629

Emma McIntyre, a New Zealand-born painter known for her oxidation technique using rust on canvas, has rapidly ascended in the art world. After earning MFAs in Auckland and Pasadena, she joined mega-gallery David Zwirner in 2024, with additional representation by Château Shatto in Los Angeles and Air de Paris. Her auction record was set at Phillips London in October 2025, with her work "Seven types of ambiguity" selling for $225,100. McIntyre's practice blends material experimentation—including iron oxide pigments and bubble wrap—with references spanning Greek myth to Rococo art.

hauser and wirth sicily 2724527

Mega-gallery Hauser & Wirth is acquiring the historic Palazzo Forcella De Sata in Palermo, Sicily, as confirmed by president and cofounder Iwan Wirth. The property, a 19th-century eclectic architectural landmark that hosted Manifesta 12 in 2018, was purchased in mid-November, though Sicilian authorities and Italy’s Ministry of Culture have a two-month window to preempt the sale due to historical monument restrictions. The gallery plans to use the main floor as exhibition space, with renovations potentially completed by 2030.

warhol portrait muhammad ali art basel miami 2718963

A 1977 Andy Warhol portrait of Muhammad Ali, priced at $18 million, will be the centerpiece of Lévy Gorvy Dayan's booth at Art Basel Miami Beach. The 40-inch acrylic and silkscreen canvas, featuring a royal purple background, was previously purchased for $18.1 million at Christie's in 2021. The work is part of a series of 10 Warhol portraits of sports stars commissioned by collector Richard L. Weisman, and is autographed on the back by Ali.

hong kong fire arts groups asian art news 2721884

A devastating fire in Hong Kong's Tai Po neighborhood, which killed at least 151 people, has prompted a period of mourning and led several major cultural institutions to cancel or postpone public events. The Hong Kong Arts Festival and the Hong Kong Jockey Club Charities Trust cancelled a press conference for the "No Limits" program, while M+ rescheduled its "Night: Festive Play" event. Meanwhile, art fairs and galleries continue to announce developments: Kiaf Seoul will run concurrently with Frieze Seoul in 2026, Contemporary Istanbul will introduce a new Focus Asia section, and Art Basel Hong Kong 2026 will feature new sectors Echoes and Zero 10. In the market, On Kawara's "NOV. 27, 1984" sold for HK$8.5 million at Bonhams Hong Kong, and standout results were seen at Sotheby's Hong Kong.