20th and 21st Century auctions in New York total $965 million

Christie’s New York concluded its 20th and 21st Century Art sales week on November 21, 2025, generating a total of $964.5 million, the auction house’s highest in three years. The sales included the Collection of Robert F. and Patricia G. Ross Weis, which alone brought in $218 million, led by Mark Rothko’s *No. 31 (Yellow Stripe)* at $62.1 million. Other top lots included works by Claude Monet, Pablo Picasso, and David Hockney, each exceeding $40 million. Fifteen artist records were broken, including for Beauford Delaney, Leonor Fini, Firelei Báez, and Olga de Amaral. Bidding was active across all platforms, with the highest online bid ever placed at a live Christie’s auction.

Walk the auction: your guide to Christie’s 20th and 21st Century Art sales in NY this November

Christie’s is holding its 20th and 21st Century Art auctions in New York this November, featuring masterpieces by David Hockney, Mark Rothko, Pablo Picasso, Lucian Freud, and Richard Diebenkorn. The sales include works from distinguished private collections such as The Collection of Robert F. and Patricia G. Ross Weis, Elaine: The Collection of Elaine Wynn, the Edlis | Neeson Collection, and the Arnold and Joan Saltzman Collection. A free public exhibition runs from 7–20 November at Christie’s Rockefeller Center galleries, with live auctions on 18 and 20 November, including an Impressionist & Modern Works on Paper Sale and a Post-War & Contemporary Art Day Sale. Highlights include Edgar Degas’ pastel *Danseuses sur la scène* (c. 1879), a Joan Miró from 1942, and a Frida Kahlo painting with a storied exhibition history.

The Top 3 Japanese ultra-contemporary artists

The article profiles three Japanese ultra-contemporary artists—Miwa Komatsu, Justin Caguiat, and Yukimasa Ida—who are gaining significant traction on the international art market. It details Komatsu's rise from a 2015 Christie's Hong Kong sale to becoming the first Japanese ultra-contemporary artist ranked among the world's top 1,000 sellers, with $2 million in sales in 2022.

Christie’s S. I. Newhouse Sale Totals $630.8 M., Bringing Cumulative Total to $1 B.

Christie’s evening auction of 16 works from media magnate S.I. Newhouse’s collection totaled $630.8 million with fees, setting multiple records. The top lot was Jackson Pollock’s *Number 7A, 1948*, which sold for $181.2 million after a 10-minute bidding war, more than doubling Pollock’s previous auction record. Other highlights included Constantin Brâncuși’s *Danaïde* (ca. 1913), which set a new record for the artist at an undisclosed price above $82 million, and strong results for works by Joan Miró, Jasper Johns, and Pablo Picasso.

Understanding Nifty Gateway’s demise is paramount for NFTs’ fans and critics alike

Nifty Gateway, a once-prominent curated NFT marketplace, has announced its closure after failing to achieve its ambitious goal of converting one billion people into NFT owners. The platform, which initially succeeded by focusing on digital art sales, leveraged social media metrics like Instagram popularity to select artists such as Kenny Scharf, Filip Hodas, and FVCKRENDER, favoring a pop-centric, visually digestible aesthetic.

high vat rates art sales spain protest reina sofia

Hundreds of artists, gallery owners, and collectors staged coordinated sit-ins at major Spanish museums, including the Museo Reina Sofía, to protest the country's 21 percent Value Added Tax (VAT) on art sales. Demonstrators gathered around Richard Serra’s 'Equal-Parallel/Guernica-Bengasi'—a replica of a work that famously vanished from storage—to symbolize the potential disappearance of the Spanish art sector under current fiscal pressures. The protests included demands for the resignation of the culture and finance ministers and calls for tax parity with European neighbors.

thomas kaplan rembrandt lion drawing sothebys sale

Rembrandt van Rijn's drawing *Young Lion Resting* (ca. 1638–42) sold for a record $17.9 million at Sotheby's New York on Wednesday, the highest price ever paid for a drawing by the Dutch master. The work, which toured Paris, Abu Dhabi, Tokyo, and New York before the sale, was offered from the Leiden Collection, the renowned private trove of 17th-century Dutch Golden Age art assembled by Thomas Kaplan and his wife Daphne. All proceeds from the sale will benefit Panthera, the wild cat conservation charity co-founded by Kaplan and Jon Ayers.

Jewish Heirs File Suit in French Court Over Ownership of Pissarro Painting

jewish heirs file suite french court met ownership pissarro painting

Seven heirs of the late department store magnate and art collector Max Julius Braunthal have filed a lawsuit in a French court, seeking to nullify the 1941 sale of Camille Pissarro's painting 'Haystacks, Morning, Eragny' (1899). They argue the sale was made under duress during the Nazi occupation of France. The painting is now in the collection of the Metropolitan Museum of Art, which maintains Braunthal received fair market value.

sothebys saudi arabian auction 2026

Sotheby's will hold its second auction in Saudi Arabia on January 31, 2026, following a successful inaugural sale in Diriyah in February 2024 that netted $17.3 million. The upcoming sale, titled "Origins," features over 70 works by established Saudi Arabian and Middle Eastern artists alongside international names, with top lots including a Pablo Picasso painting estimated at $2–3 million and works by Jean Dubuffet, Roy Lichtenstein, and Andy Warhol. The auction aims to build on lessons from the first sale, which revealed strong demand across price points and generational diversity among buyers.

sothebys modern pritzker exquisite corpse auction results

On Thursday night, Sotheby’s held a three-part sale of Impressionist, Modern, and Surrealist art at the Breuer Building in New York, generating $304.6 million against a cumulative estimate of $218.8 million to $301.2 million. The smallest sale, 13 lots from the collection of Cindy and Jay Pritzker, achieved a “white glove” result with $109.5 million, led by Vincent van Gogh’s *Romans Parisiens (Les Livres jaunes)* (1887) which sold for $62.7 million. The Surrealist offering, “Exquisite Corpus,” from the collection of Nesuhi and Selma Ertegun, featured Frida Kahlo’s *El sueño (La cama)* (1940) which set a record for the artist at $54.7 million, becoming the most expensive work by a woman artist at auction (nominal price).

pace japan director tokyo interview

Kyoko Hattori, vice president of Pace Japan, expressed her desire for Tokyo to become the center of art in Asia in a recent interview with the Japan Times. This comes one month after the third edition of Tokyo Gendai art fair closed with solid but unspectacular sales. Pace, the only mega-gallery with a location in Tokyo, opened a space in the Azabudai Hills development, which has been seen as a signal of the city's arrival on the global art stage. The article notes cautiously optimistic data, with Japan seeing 2 percent growth in the art market last year while the wider market contracted by 12 percent, and competitors China and Korea saw significant drops.

work of the week marlow moss

Marlow Moss's painting *White, Black, Blue and Red* (1944) sold for £609,600 ($819,912) at Sotheby’s Modern and Contemporary Evening Auction in London, far exceeding its presale high estimate of £480,000. The work, backed by a guarantee, sparked a bidding war among seven bidders and set a new auction record for the British Constructivist artist. The previous record was set in 2022 at Christie’s London.

trial ron perelman insurance claim warhol ruscha twombly

The trial between billionaire collector Ron Perelman and a group of insurers began Monday in New York Supreme Court, nearly seven years after a 2018 fire at his Hamptons estate, the Creeks. Perelman claims the fire damaged five paintings—two by Andy Warhol, two by Ed Ruscha, and one by Cy Twombly—insured for a collective $400 million, arguing the works lost their "oomph" due to smoke, humidity, and relocation during the fire. The insurers, including Lloyd's of London, Chubb, and AIG, contend the works sustained no detectable damage and that Perelman's claim is a "money grab" filed amid serious financial difficulties, including margin calls and the sale of 71 artworks for $963 million between 2020 and 2022.

What Germany’s Art Market Reveals About the Limits of Localism

German art dealers are increasingly pivoting toward regional strategies as the national market faces a period of stagnation. While the broader European Union saw a modest rise in dealer sales, Germany’s market contracted by 4 percent between 2024 and 2025, hampered by high interest rates and a sluggish post-pandemic recovery. In response, major fairs like Art Cologne are launching satellite editions in locations like Mallorca to follow wealthy German collectors on vacation, while Art Düsseldorf prepares for a record-breaking edition despite the economic downturn.

art market report 2025 growth high end sales

The global art market returned to growth in 2025, reaching $59.6 billion in sales according to the latest Art Basel and UBS Art Market Report. This 4 percent increase ended a two-year decline, driven primarily by a 9 percent surge in public auction sales and a significant revival in high-value transactions for works priced over $10 million. While the United States maintained its dominant 44 percent market share, the recovery was uneven, with the Impressionist and Old Masters sectors seeing major gains while Postwar and Contemporary art continued to cool.

the view from paula tsai

Paula Tsai, a key figure in Asia's art market, discusses the evolving landscape of collecting in the region, focusing on mainland China and Korea. She notes a surge of new buyers from China, many of whom are young entrepreneurs, while the Korean market remains more mature and stable. Tsai addresses the impact of tariffs on importing art, particularly for Chinese collectors, but asserts that passionate collectors will continue to buy, adjusting timing rather than abandoning purchases. She also highlights the growing Thai market and the complexity of the Chinese market, where established collectors are cautious but new entrants keep activity high.

Observer’s 2025 Art Market Recap: Recovery After a Year of Recalibration

After a turbulent start marked by gallery closures and market contraction, the art market in 2025 rebounded decisively, driven by a secondary-market surge in high-quality consignments. Major auction houses reported strong year-end results: Sotheby's projects $7 billion in consolidated sales (up 17%), Christie's expects $6.2 billion (up 7%), and Phillips reported $927 million (up 10%). Key sales included the $272 million Leonard & Louise Riggio collection at Christie's, the $527.5 million Lauder collection at Sotheby's (led by a $236.4 million Gustav Klimt), and the $136 million Karpidas sales. The year began quietly but gained momentum after summer, with deep bidding and strategic pricing driving a 26% increase in Sotheby's auction revenue and an 11% overall rise in fine art sales across Old Masters, Impressionist, Modern, Post-War and Contemporary categories.

New tech and old names drive sales at Art Basel Miami Beach

Art Basel Miami Beach (ABMB) saw strong sales and a cautiously optimistic mood, with Pace gallery reporting nearly $5 million in sales including a $1.1 million Sam Gilliam painting. The fair debuted a new digital art section, Zero 10, where a Beeple installation of robotic dogs excreting NFTs sold out within five hours for $1 million total, and generative art from Larva Labs sold for up to $45,000 each. However, the opening day crowd was thinner than in past years, and about 20 galleries did not return, replaced by a record 48 new exhibitors. Dealers noted a slower, quieter pace, with buyers more cautious than during the indulgent pre-pandemic era.

TOP CHARITY Art Exhibition

The Museum of King Jan III in Wilanów, Warsaw, is hosting the TOP CHARITY Art exhibition from April 24 to June 24, 2025, featuring works from the OmenaArt Foundation’s African art collection. Acclaimed Ghanaian artist Ibrahim Mahama served as guest of honour at the opening, and his jute sack piece NANDANBIA (2019) is on display. The exhibition includes a sculpture park curated by Isabel de Vasconcellos and Natalia Bradbury in partnership with Opera Gallery, showcasing artists such as Niki de Saint Phalle, Manolo Valdes, and Amedeo Modigliani. Works from the exhibition will be auctioned in the TOP CHARITY Auction on June 7, alongside a silent auction for emerging artists.

Hong Kong Marquee Art Sales Total $164.9 M., Up 18 Percent From Equivalent 2025 Auctions

Christie's, Phillips, and Sotheby's spring marquee auctions in Hong Kong generated a combined $164.9 million, an 18% increase from the equivalent sales in spring 2025. The auctions, strategically timed to coincide with Art Basel Hong Kong, saw strong demand for trophy works, with Christie's leading the season at $83.8 million. Key sales included a Gerhard Richter painting for $11.77 million and a Sanyu work for $8.17 million, while Sotheby's sold a Joan Mitchell painting for $17.6 million, the season's top lot.

Shepard Fairey "RAGE" Fine Art Screenprint Street Contemporary Obey Giant , 2021

Contemporary street artist Shepard Fairey’s 2021 screenprint titled "RAGE" has been listed for sale via New Union Gallery on the Artsy platform. The work, a limited edition screenprint on fine art paper measuring 12 by 12 inches, is part of an edition of 250 and is hand-signed and numbered by the artist.

‘The government understands what is at stake’: Italian art world weighs in on tax cut at Artissima

The Italian parliament reduced VAT on art sales from 22% to 5%, the lowest rate in Europe, a move announced by Prime Minister Giorgia Meloni's government. The tax cut was celebrated at the 30th anniversary dinner of the Fondazione Sandretto Re Rebaudengo in Turin, where politician Federico Mollicone noted it had been over 30 years in the making. The contemporary art fair Artissima, holding its 32nd edition in Turin, became the first Italian fair to test the new tax policy. Italian dealers reported positive effects, including easier deal closures and increased sales to both Italian and European collectors, with some galleries experiencing their best opening day ever.

San Francisco Art Fair brings attention to Bay Area scene and sales for exhibitors from near and far

The San Francisco Art Fair opened on April 17 at the Fort Mason Center for Arts & Culture, running through April 20. Rebranded from ArtMrkt San Francisco last year, the fair featured 88 exhibitors, including a strong contingent from the East Bay, such as Oakland-based galleries pt.2, Johansson Projects, and Good Mother Gallery. Notable moments included artist Marc Horowitz using DeBoer Gallery's stand as a live studio, selling paintings for $25,000 and up, and the Alternative Art School showcasing works by four artist-members. Dealers reported healthy sales, with works priced from a few hundred dollars to the lower five figures, and local galleries like Micki Meng donated proceeds to the environmental non-profit Art into Acres.

Art Paris: A Better Result Than Expected

Art Paris, un bilan meilleur que prévu

The 28th edition of Art Paris concluded with stronger-than-expected sales despite a sluggish start and a volatile global climate. Featuring 165 galleries, the fair solidified its position as a key regional event for French collectors, offering a price range typically between €10,000 and €40,000. While mega-galleries like Almine Rech participated with accessible works, the fair also welcomed newcomers like Esther Schipper and In Situ-Fabienne Leclerc, who reported positive results across various media including ceramics, photography, and painting.

adolf hitler artwork auction germany

A group of 14 watercolors and drawings by Adolf Hitler, dated from 1904 to 1922, will be auctioned at the Weidler auction house in Nuremberg, Germany, between June 18 and 20. The works are expected to sell for between €1,000 and €45,000 each, following a previous sale of a Hitler watercolor that fetched €130,000 in November last year.

new wealth 2026

The article examines the art market's struggle to attract new wealthy buyers despite a surge in global wealth. Marc Spiegler, former global director of Art Basel, argues that galleries have failed to recruit the newly wealthy, noting that inflation-adjusted art sales have declined over the past 15 years. He suggests the industry needs to reposition art as 'magical' and transformative to appeal to potential patrons.

art market minute dec 8

The article reports strong sales across Miami art fairs, particularly at Art Basel Miami Beach, where Beeple's "Regular Animals"—robotic dogs with hyper-realistic heads of billionaires—were a major attraction in the new digital art section Zero10. It also notes that three art-world heavyweights are launching a new gallery focused on secondary market sales, and that the Art Dealers Association of America is launching a new art fair after canceling its long-running Art Show.

upsilon gallery milan opening

Upsilon Gallery, founded by German-Argentine dealer Marcelo Zimmler, will open its first continental European location in Milan on November 18. The 200-square-meter space is situated near Via Monte Napoleone in the Quadrilatero fashion district, joining a wave of international galleries—including Thaddaeus Ropac, Cardi Gallery, and Robilant + Voena—that are betting on Milan's potential to become a global art capital. The inaugural exhibition features four canvases from Osvaldo Mariscotti's Valley series, with a bilingual catalogue edited by critics David Ebony and Alex Grimley, and coincides with twin shows in Upsilon's London and New York outposts.

interest in asian art strong despite challenges art market

The autumn edition of Asia Week New York is underway, with auction houses reporting strong interest in Asian art despite broader economic challenges. Bonhams kicked off the week with sales totaling $7.3 million, including Chinese ceramics and snuff bottles, though it offered 47% fewer lots than last year. Top results included a blue-and-white jar selling for $1.75 million and a pair of famille rose dishes for $1.5 million. Christie’s sold a Vasudeo S. Gaitonde painting for $2.35 million and a Tyeb Mehta work for nearly $2 million. New US tariffs under the Trump administration have added uncertainty, particularly for cross-border consignments and purchases.

Star-Studded Doc on Auction Icon Simon de Pury Heads to Cannes

A new feature-length documentary titled "The Hammer" will premiere at this spring's Cannes Film Market, chronicling the five-decade career of Swiss auctioneer and art advisor Simon de Pury. Produced by Simon Wallon, who previously made a documentary on casting director Bonnie Timmermann, the film features cameos from artists Marina Abramović, Jeff Koons, Ai Weiwei, and Chloe Wise, and includes executive producer Catherine Quantschnigg. Filming took place in New York, Tokyo, London, Cannes, Miami, and Monaco between July 2023 and February 2025.