Art News. Vasari Codex

trending_up market schedule Jan 1, 2026 visibility 10 link 4 artists

re air why no one trusts art prices anymore

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.

newspaper Artnet News open_in_new Read original

trending_up market schedule Dec 18, 2025 visibility 17 link 8 artists, 1 gallery

work of the week basquiat onion gum

Jean-Michel Basquiat's 1983 painting *Onion Gum*, priced at $21.5 million, was one of the most expensive works for sale at the 23rd edition of Art Basel Miami Beach. The large square canvas, featuring a white head and handwritten text, has a long market history: it sold for $7.36 million at Sotheby's in 2012 to hedge fund manager Daniel Sundheim, then failed to meet its estimate at auction in 2016, fetching $6.6 million. Since 2017, Van de Weghe Gallery has used the work as collateral for bank loans, showing it at multiple Art Basel fairs with prices rising from $16.5 million in 2018 to the current $21.5 million.

newspaper Artnet News open_in_new Read original

trending_up market schedule Dec 12, 2025 visibility 19 link 9 artists, 1 gallery

lalanne hippopotamus bar 31 million record

A 1976 Hippopotamus Bar by François-Xavier Lalanne sold for $31.4 million at Sotheby's after a 26-minute bidding war, setting a new auction record for the French artist. The hand-wrought copper, steel, and wood piece, commissioned by art patron Anne Schlumberger, is the only copper prototype from the series and features concealed compartments for bottle storage, ice bucket, and glassware. The sale was part of the Schlumberger collection, which also included a gold-patinated bronze armchair by Claude Lalanne that fetched $1 million and a pair of bronze gates that sold for $787,400.

newspaper Artnet News open_in_new Read original

trending_up market schedule Dec 11, 2025 visibility 23 link 13 artists

ultra contemporary chinese artists market

The article analyzes the auction performance of Chinese artists born after 1990 (post-90s) in the first half of 2025, based on data from the Artnet Price Database and the Artnet Intelligence Report. It highlights a shift from short-term speculation to longer-term competition, with the market showing more robust structure including stratified pricing and wider transactional geography. Key figures include Li Hei Di, whose large-scale painting sold for HK$2.67 million at Sotheby’s Hong Kong, and other artists like Zhang Zipiao, Yuan Fang, and Wang Qianyao achieving consistent mid-range prices between HK$300,000 and HK$800,000. Sales in Hong Kong reached HK$12.4 million, while artists also entered Western markets in New York and London.

newspaper Artnet News open_in_new Read original

trending_up market schedule Dec 9, 2025 visibility 28 link 13 artists, 4 galleries

emma mcintyre 2025

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.

newspaper Artnet News open_in_new Read original

article news schedule Dec 9, 2025 visibility 14 link 4 artists

brazil library heist matisse

Brazilian authorities arrested one suspect after an armed robbery at São Paulo's Mário de Andrade Library on Sunday, where two thieves stole eight Henri Matisse engravings and works by Brazilian painter Candido Portinari. The artworks were displayed in a glass vitrine as part of the exhibition “From the Book to the Museum,” which was set to close November 30. The thieves held up a security guard and a couple, stuffed the items into a canvas bag, and discarded some works near a rubbish heap during their escape, partially captured by facial recognition cameras. The second suspect remains at large, and the library has not disclosed which specific works were taken.

newspaper Artnet News open_in_new Read original

trending_up market schedule Dec 2, 2025 visibility 15 link 20 artists

okeeffe seurat phillips collection deaccession

The Phillips Collection in Washington, D.C. has deaccessioned eight major works by artists including Georges Seurat, Georgia O'Keeffe, and Anish Kapoor at Sotheby's fall sales. O'Keeffe's "Large Dark Red Leaves on White" (1927) sold for $7.9 million, a Seurat drawing fetched $4.9 million, while a painting by Arthur Dove fell short of expectations and a Kapoor sculpture failed to sell. The plan, devised by director Jonathan Binstock, aims to fund future contemporary art commissions and collection care, but has sparked an 18-month dispute between museum leadership and the Phillips family descendants over the interpretation of founder Duncan Phillips's legacy.

newspaper Artnet News open_in_new Read original

trending_up market schedule Dec 2, 2025 visibility 13 link 4 artists

long forgotten rubens found in paris mansion

A long-lost painting by Peter Paul Rubens, a dramatic crucifixion scene dated to around 1614–15, was discovered among the possessions of a deceased Parisian homeowner during a routine appraisal. Auctioneer Jean-Pierre Osenat identified the work and consulted Rubens expert Nils Büttner, who confirmed its authenticity through x-ray imaging and pigment analysis. The painting sold at auction on November 30 for €2.3 million ($2.7 million), exceeding its presale estimate of €1–2 million.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 28, 2025 visibility 14 link 8 artists

rediscovered renoir auction

A rediscovered Renoir painting, *L'enfant et ses jouets – Gabrielle et le fils de l'artiste, Jean* (created before 1910), sold for over €1.8 million ($2 million) at Hôtel Drouot in Paris on November 25. The intimate portrait of Renoir's young son Jean with his nursemaid Gabrielle had remained in the same private collection for over a century, never before published or exhibited. It was offered by auctioneer Christophe Joron-Derem in the "Tableaux Modernes" sale and purchased by an international buyer, with the hammer price of €1.45 million falling within the presale estimate.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 25, 2025 visibility 13 link 8 artists

work of the week sargent gondoliers

A four-minute bidding war erupted at Christie’s 20th-century evening sale in New York on November 17 over John Singer Sargent’s watercolor *Gondolier’s Siesta* (1902–03). The work sold for $7.4 million with fees, more than double its $3 million high estimate, setting a new auction record for a work on paper by the artist. Another Sargent painting, *Capri* (1878), also performed strongly in the same sale, fetching $11.5 million with fees.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 25, 2025 visibility 11 link 9 artists

sothebys modern sales by the numbers

Sotheby's three-part modern art evening auction in New York on Thursday night achieved a total of $304.6 million, a dramatic increase from the $93.1 million equivalent sale last year. The sale featured 69 lots, with three withdrawn and none bought in, resulting in a 95% sell-through rate. Top lots included Vincent van Gogh's still life "Piles de romans parisiens et roses dans une verre" (1887), which sold for $62.7 million with premium to private advisor Patti Wong, and a work by Frida Kahlo. Third-party guarantees covered 55% of the presale low estimate, but bidding remained competitive throughout.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 19, 2025 visibility 9 link 9 artists

christies 20th century art november new york by the numbers

Christie’s fall auction season in New York opened with a robust evening sale of 20th-century art on Monday night at Rockefeller Center, achieving a total of $690 million after fees. The sale featured an 18-lot offering from the private collection of Robert and Patricia Weis, followed by the main 20th-century auction. The top lot was Mark Rothko’s *No. 31 (Yellow Stripe)* (1958), which sold for $62 million, while Claude Monet’s *Nymphéas* (1907) brought $45.5 million. The sale had a 95 percent sell-through rate, with 55 of 80 lots guaranteed, and strong in-person bidding provided a boost of market confidence after months of art fair cancellations and gallery closures.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 18, 2025 visibility 16 link 7 artists

norman rockwell president white house paintings auction 2

A four-panel suite of paintings by Norman Rockwell, titled *So You Want to See The President!* (1943), sold for $7.2 million at Heritage Auctions on November 14. The work, which hung in the White House for decades, was bought by the White House Historical Association, marking its most expensive acquisition to date. The sale followed a bitter ownership dispute among descendants of the original commissioner, President Franklin D. Roosevelt's press secretary Stephen T. Early, with a federal judge ruling in favor of the current owner, William Elam, in 2023.

newspaper Artnet News open_in_new Read original

trending_up market schedule Jun 24, 2025 visibility 11 link 5 artists

tamara de lempicka boucard christies auction

Christie’s London is auctioning Tamara de Lempicka’s 1928 painting *Portrait du Docteur Boucard*, which has not been seen on the market in 40 years. The work, depicting doctor and bacteriologist Pierre Boucard, is expected to sell for between £5 million and £8 million ($6.18 million and $9.89 million). The sale coincides with the close of Lempicka’s historic retrospective at San Francisco’s de Young Museum—the first U.S. survey of the Art Deco master—and ahead of its opening at the Museum of Fine Arts Houston.

newspaper Artnet News open_in_new Read original

museum exhibitions schedule May 27, 2025 visibility 16 link 6 artists

tiffany window crystal bridges museum

Crystal Bridges Museum of American Art in Bentonville, Arkansas, has acquired a monumental Tiffany stained-glass window titled "Mountain Landscape (Root Memorial Window)," created by Tiffany Studios in 1917 and designed by Agnes Northrup. The 9-foot-tall, 8-foot-wide window, which depicts a cascading waterfall and mountains, was previously installed for 94 years at the Sunset Ridge Church and Collective in San Antonio, Texas. It is only the second Tiffany work in the museum's collection, joining a wisteria lamp donated in 2022.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 19, 2025 visibility 19 link 16 artists

are trophy lots losing their luster

New York's marquee spring auctions in May 2025 tested the theory that strong supply drives demand, but results were mixed. Alberto Giacometti's *Grande tête mince* (1955), estimated at $70 million, failed to sell at Sotheby's, while Christie's withdrew a $30 million Andy Warhol electric-chair painting. The top lot of the week was Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922), which fetched $47.6 million from the collection of late Barnes & Noble founder Len Riggio. However, Christie's pre-sold 93% of that collection's value to third-party backers, and the house fell $26 million short of its guaranteed amount. Sotheby's avoided financial risk on the Giacometti by not guaranteeing it, still earning $34.4 million in buyer's premiums. A new record for a living woman artist was set when Marlene Dumas's *Miss January* (1997) sold for $13.6 million at Christie's, though adjusted for inflation it fell short of Jenny Saville's 2018 record.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 16, 2025 visibility 18 link 8 artists

by the numbers christies riggio

Christie’s New York held the spring season’s largest single-owner auction, the Leonard & Louise Riggio collection, on Monday evening. The sale achieved $271.9 million total with a 97% sell-through rate by lot, led by Piet Mondrian’s *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922) at $47.6 million. However, a detailed analysis reveals that the hammer total fell $26 million short of the guarantee, and 93% of the value was pre-sold to third-party backers, leaving Christie’s with a razor-thin margin of roughly 7.8% before marketing costs and guarantor fees.

newspaper Artnet News open_in_new Read original

article news schedule May 15, 2025 visibility 15 link 3 artists

valparaiso university sold brauer museum artworks

Valparaiso University in Indiana has finalized the sale of two valuable paintings from the Brauer Museum of Art—Childe Hassam's *The Silver Veil and the Golden Gate* (1914) and Georgia O'Keeffe's *Rust Red Hills* (1930)—and is in the process of selling a third, Frederic Edwin Church's *Mountain Landscape* (c. 1849). The sales, collectively valued at up to $20 million, are intended to fund renovations of freshman dormitories amid budget shortfalls. The decision has sparked vocal protests, a lawsuit, and a vote of no confidence from the faculty senate against university president José Padilla, who announced his retirement. Moody's Ratings downgraded the school's credit rating to junk status, partly due to the controversy.

newspaper Artnet News open_in_new Read original

museum exhibitions schedule May 3, 2025 visibility 15 link 15 artists

vladimir kanevsky frick collection porcelain

The Frick Collection has reopened after a $220 million, five-year renovation, featuring a new installation called "Porcelain Garden" by Ukrainian-born artist Vladimir Kanevsky. The display includes over 30 handcrafted porcelain floral pieces, such as a lemon tree, lilies of the valley, and a wild artichoke, placed alongside masterpieces by Vermeer, Rembrandt, Goya, and Bellini. Kanevsky, a 74-year-old Jewish-Ukrainian émigré who moved to New York in 1989, originally trained as an architect and turned to porcelain as a side project, which unexpectedly became his career. All the flowers at the Frick have been sold, with prices ranging from $5,000 to $500,000, though his secondary market remains minimal.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 1, 2025 visibility 23 link 48 artists

state of the art market understanding regional differences in the globalized art market

Artnet News and Morgan Stanley have released an analysis of the global art market, examining auction performance by artists from different regions over the past decade. The report breaks down sales by region—North America, Europe, Asia-Pacific, Africa, Latin America and the Caribbean, and the Middle East—and by genre categories including Old Masters, Impressionist and Modern, Postwar and Contemporary, and Ultra-Contemporary. Key findings show that North American and European artists dominate the market, while African-born artists have seen notable but uneven growth, and Asia-Pacific-born artists have experienced a marked decline.

newspaper Artnet News open_in_new Read original

trending_up market schedule Jul 14, 2025 visibility 16 link 9 artists, 1 gallery

ai art market revolution

A survey by PwC found that 88% of U.S. companies plan to increase AI budgets, and the art world is following suit. The article explores how AI is infiltrating the art market beyond controversial authentication and IP issues, covering topics like autonomous agents, data privacy, logistics partnerships (Carpenters Workshop Gallery with Convelio), and new AI-powered search tools being developed by Artnet using Google's Gemini. It also notes that collector Jorge Pérez used AI assistance to acquire 24 works at Art Basel in Basel.

newspaper Artnet News open_in_new Read original

trending_up market schedule Jun 20, 2025 visibility 14 link 10 artists, 3 galleries

basel on a budget labubu georg baselitz art basel 2025

Artnet News highlights affordable artworks available at Art Basel 2025, countering the fair's reputation for multimillion-dollar sales. Featured works include John Tremblay's 'Gold sounds' (2025) from the New Paintings series at Ecart's booth, priced at €2,500, and Kasing Lung's limited edition Labubu doll sold at the Art Basel Shop for CHF 200, which sold out rapidly to VIPs and the public. Also noted is Solomon Garçon's 'Bobby (4)' (2025), priced around $3,500, presented by 243 Luz at the Liste fair.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 29, 2025 visibility 19 link 7 artists, 2 galleries

3 key insights from the art business conference new york

The sixth edition of the Art Business Conference took place in Midtown Manhattan on May 22, drawing over 200 art professionals including gallery staff, auction-house specialists, and lawyers. Chaired by former Artnet executive editor Julia Halperin and founded by Louise Hamlin, the event featured keynotes and panels addressing the state of the art market, legal challenges, and the impact of tariffs. Christie’s CEO Bonnie Brennan reported a $700 million haul from recent auctions, noting a thin top end but strong activity for female Surrealists and Simone Leigh sculptures. Advisors Megan Fox Kelly and Alex Glauber described the market as 'recalibrating' rather than in crisis, with buyers showing increased selectivity.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 2, 2025 visibility 15 link 10 artists, 1 gallery

sothebys to sell highlights of gallerist barbara gladstones collection

Sotheby's has been selected by the trustees of Barbara Gladstone's estate to auction twelve major works from the legendary gallerist's personal collection. The single-owner sale, estimated at over $12 million, will take place on May 15 as part of the New York marquee sales. Highlights include Richard Prince's "Man Crazy Nurse" (2003, est. $4–6 million), Andy Warhol's black "Flowers" (1964, est. $1–1.5 million), and works by Mike Kelley, Rudolf Stingel, Carroll Dunham, Elizabeth Peyton, and Alighiero e Boetti. None of the artists are currently affiliated with Gladstone Gallery, though some were previously represented by her.

newspaper Artnet News open_in_new Read original

trending_up market schedule Apr 23, 2025 visibility 17 link 13 artists, 1 gallery

10 most expensive lots sold auction march 2025

In March 2025, major auction houses, particularly in London, achieved strong sales despite the month typically being quiet. Christie’s and Sotheby’s sold ten high-value lots, led by Jean-Michel Basquiat’s *Sabado Noche* (1984) at £8.4 million ($14.5 million). A standout result was M.F. Husain’s *Untitled (Gram Yatra)* (1954), which sold for $13.75 million at Christie’s New York, marking the first time an Indian Modern artwork exceeded $10 million at auction. Other notable sales included works by René Magritte, Yoshitomo Nara, Francis Bacon, Tamara de Lempicka, Amedeo Modigliani, Paul Delvaux, Michael Andrews, and Lisa Brice.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 14, 2026 visibility 12 link 14 artists, 2 galleries

Coveted Rothko From Robert Mnuchin’s Collection Nets $85.8 Million in New York

A major Mark Rothko painting, *Brown and Blacks in Reds* (1957), from the collection of the late financier and dealer Robert Mnuchin, sold for $85.8 million at Sotheby’s New York, becoming the second-highest price ever achieved for the artist at auction. The work, estimated at $70–100 million, was part of an 11-lot sale dedicated to Mnuchin’s collection, which also includes works by Willem de Kooning, Pablo Picasso, and Franz Kline. A phone bidder won the painting, with Helena Newman, chairman of Sotheby’s Europe, handling the bid.

newspaper Artnet News open_in_new Read original

article news schedule Feb 10, 2026 visibility 14 link 5 artists

jeff koons stella mccartney capsule 2026

Jeff Koons and Stella McCartney have launched a limited-edition capsule collection for Spring 2026. The collection features ready-to-wear items like hoodies, t-shirts, tote bags, and keychains, adorned with prints of Koons's artworks such as "Untitled (Girl with Dolphin and Monkey)" (2006) and sculptures from his "Made in Heaven" series, paired with McCartney's playful slogans like "Slippery When Wet" and "Doggy Style." The release also includes a reimagined pendant based on Koons's iconic "Rabbit" (1986) sculpture.

newspaper Artnet News open_in_new Read original

trending_up market schedule Dec 11, 2025 visibility 17 link 9 artists

blink 182 banksy sale

A Banksy painting from his 2005 'Crude Oils' exhibition sold for £4.3 million ($5.5 million) at Sotheby’s Modern and Contemporary Evening Auction in London. The work, *Crude Oil (Vettriano)*, came from the collection of Mark Hoppus, co-founder of the pop-punk band Blink-182, who acquired it in 2011. The painting reimagines Jack Vettriano’s *The Singing Butler*, replacing the idyllic beach scene with environmental pollution, including hazmat-suited workers and a sinking container ship. The sale occurred shortly after Vettriano’s death at age 73.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 18, 2025 visibility 20 link 11 artists

christies hauls in 690 million at robust 20th century art sale led by 62 million rothko

Christie’s kicked off the fall auction season in New York with a two-part 20th-century art sale that brought in approximately $690 million, led by Mark Rothko’s *No. 31 Yellow Stripe (1958)*, which sold for $62.2 million. The evening featured 18 works from the collection of Robert F. and Patricia G. Ross Weis, totaling $218 million, followed by a 61-lot main sale that realized $471.7 million. Other top lots included Claude Monet’s *Nymphéas (1907)* at $45.4 million and a new auction record for Beauford Delaney’s *The Sage Black (1967)* at $1.5 million.

newspaper Artnet News open_in_new Read original

trending_up market schedule Jul 23, 2025 visibility 11 link 4 artists

rare m c escher works auction

A cache of M.C. Escher drawings and prints, created during his time in Italy and later, fetched a stunning total of $7.8 million at Christie’s on July 22, quadrupling its low presale estimate. The auction, titled 'The Art of Infinity,' featured 65 lots, with nearly every work on paper surpassing the previous record for an Escher work in the medium. The top lot, *Reptiles* (ca. 1943), sold for $529,200—five times its low estimate—while *Relativity* (ca. 1953) achieved $504,000, ten times its low estimate. The sale largely came from the collection of Robert Owen Lehman Jr., a documentary filmmaker and member of the Lehman banking family.

newspaper Artnet News open_in_new Read original