Art News. Vasari Codex

trending_up market schedule May 14, 2025 visibility 27 link 36 artists, 4 galleries

At Sotheby’s, a $70M Giacometti Fails to Sell While Works By Munch and Cézanne Ignite Buyer Excitement

Sotheby’s Modern Evening Auction on May 13, 2025, achieved $186.4 million in sales but was overshadowed by the failure of its headline lot: Alberto Giacometti’s hand-painted bronze bust *Grande tête mince (Grande tête de Diego)*, estimated at $70 million. The work, consigned by the Soloviev Foundation, went unsold after minimal bidding, lacking a guarantee or irrevocable bid. Other highlights included a strong performance by Edvard Munch and Paul Cézanne works, with 40% of lots exceeding high estimates. Notable sales included Georgia O’Keeffe’s *Leaves of a Plant* ($12.97 million) and Alexander Calder’s *Four Big Dots* ($8.285 million), both fresh to market.

newspaper observer.com open_in_new Read original

trending_up market schedule Mar 10, 2026 source 2 sources visibility 17 link 2 artists

basquiat museum security sothebys 2752252

Jean-Michel Basquiat’s monumental 1983 painting, 'Museum Security (Broadway Meltdown)', is set to headline Sotheby’s marquee contemporary evening auction this May with an estimate of $45 million. The seven-foot canvas was created during the artist's pivotal year in Los Angeles and features his signature blend of text and symbols, including wry commentaries on the institutionalization and commercial value of art. The work previously sold at Christie’s in 2013 for $14.5 million.

newspaper Artnet News Also: ARTnews open_in_new Read original

trending_up market schedule Apr 18, 2026 visibility 17 link 2 artists

sothebys debt delays 2766303

Sotheby’s is navigating a complex financial landscape marked by a major debt refinancing effort and the introduction of a controversial delayed-payment program. The auction house is seeking to raise $825 million through five-year bonds to address existing debt due in 2027, while simultaneously facing a $10.2 million lawsuit over real estate commissions. To manage liquidity, the firm has codified a scheme offering sellers a 7 percent interest rate if they agree to wait six months for their payout, a significant departure from the industry standard of 35 to 45 days.

newspaper Artnet News open_in_new Read original

trending_up market schedule Feb 24, 2026 visibility 14 link 1 artist, 2 galleries

work of the week maria berrio sothebys 2748184

Sotheby’s is offering María Berrío’s mixed-media collage "Act II, Scene 4: Threshold" in its "Contemporary Discoveries" online sale with an estimate of $60,000–$80,000. This specific work previously sold for $380,000 at the Two x Two for AIDS and Art charity auction in 2023, far exceeding its then-retail value of $125,000. The current auction serves as a litmus test for the artist's secondary market resilience following a period of intense speculative trading.

newspaper Artnet News open_in_new Read original

trending_up market schedule Feb 23, 2026 visibility 26 link 15 artists

sothebys de gunzburg collection rothko lalanne sale 2026 1234774192

Sotheby’s has announced the sale of the Jean and Terry de Gunzburg collection, a two-part auction series scheduled for April and May 2024 with a total estimate of $67 million to $99 million. The offering begins with a dedicated design sale featuring a historic ensemble of 15 Claude Lalanne mirrors commissioned for Yves Saint Laurent, followed by a selection of blue-chip modern and contemporary artworks.

newspaper ARTnews open_in_new Read original

trending_up market schedule Feb 18, 2026 visibility 19 link 5 artists

sothebys hikes buyers fees restitution battle franz marc painting 1234773693

Sotheby's has increased its buyer's premiums globally, with the new fee structure taking effect on February 13. The changes mean buyers of lower-value lots will pay higher rates, with the premium for works sold in New York for up to $2 million rising from 27% to 28%. This move follows similar adjustments by rivals Christie's and Phillips, as auction houses seek to bolster revenue during a prolonged art market downturn. Sotheby's also recently raised $900 million through art-backed loans via securitization.

newspaper ARTnews open_in_new Read original

trending_up market schedule Feb 11, 2026 visibility 24 link 10 artists

quartet of masterpieces by monet signac degas and leger to headline sothebys spring modern contemporary sale in london 1234773068

Four major paintings by Claude Monet, Paul Signac, Edgar Degas, and Fernand Léger will be offered at Sotheby's Modern and Contemporary evening sale in London on March 4. The works have a combined high estimate of £24 million, led by Monet's rare Italian Riviera scene 'Maison de Jardinier' (1884) with an £8.5 million high estimate.

newspaper ARTnews open_in_new Read original

trending_up market schedule Feb 9, 2026 visibility 16 link 22 artists

klimt record sothebys london 2328580

Gustav Klimt's final portrait, 'Dame mit Fächer (Lady With a Fan),' sold for £85.3 million ($108.4 million) at Sotheby's London, setting a new record for the most expensive work of art ever auctioned in Europe. The painting, which was still on Klimt's easel when he died in 1918, surpassed its pre-sale estimate of over £65 million after a ten-minute bidding war.

newspaper Artnet News open_in_new Read original

trending_up market schedule Feb 6, 2026 visibility 15 link 1 artist

thomas kaplan rembrandt lion drawing sothebys sale 1234772561

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.

newspaper ARTnews open_in_new Read original

trending_up market schedule Jan 30, 2026 visibility 14 link 4 artists

perugino decemvriri altarpiece sothebys morgan 2741619

Sotheby's is launching its inaugural Old Masters Week at its new Breuer building location in New York with a special exhibition of works heading to auction. The centerpiece is the 'cimasa' (top panel) of Pietro Perugino's 'Decemviri Altarpiece' (1495), on an exceptional loan from Italy's National Gallery of Umbria and traveling outside Italy for the first time. After its display at Sotheby's, the panel will be exhibited at the Morgan Library and Museum alongside Giovanni Bellini's newly restored 'Pietà' (c. 1470), which is also making its U.S. debut.

newspaper Artnet News open_in_new Read original

trending_up market schedule Jan 1, 2026 visibility 14 link 3 artists

sothebys abu dhabi collectors week results 1234766109

Sotheby's held its inaugural Abu Dhabi Collectors' Week at the St. Regis Island Resort on Saadiyat Island, transforming the venue into a luxury showcase with handbags, diamonds, watches, a non-selling art display worth $500 million, and rare cars. The week culminated in open-air auctions under a full moon, netting $133 million—far exceeding the $17 million from Sotheby's first Middle East luxury sale in Saudi Arabia earlier this year. Highlights included a 1994 McLaren Formula 1 car sold for $25.3 million, a Jane Birkin Hermès handbag that fetched $2.9 million, and a 31.68-karat pink diamond called The Desert Rose that went for $8.8 million. A jewelry and timepieces sale achieved white-glove status, taking $25.4 million.

newspaper ARTnews open_in_new Read original

trending_up market schedule Dec 19, 2025 visibility 12 link 8 artists

bing crosby collection sothebys auction 2697814

The private collection of Hollywood icons Kathryn and Bing Crosby sold at Sotheby's for $6.7 million on December 18. The white-glove auction, held at Sotheby's new Breuer Building location on Manhattan's Upper East Side, surpassed its pre-sale high estimate of $6.3 million, with two-thirds of the lots exceeding their high estimates. The nearly 200-lot sale featured fine art, furnishings, and collectibles, with the top lot being Alfred James Munnings' painting *On the Moors* (1914), which sold for $1.2 million. Other highlights included works by Charles Marion Russell, Pierre-Auguste Renoir, and Corot, as well as nearly 50 lots of Fabergé items that achieved $2 million in sales.

newspaper Artnet News open_in_new Read original

trending_up market schedule Dec 17, 2025 visibility 12 link 1 artist

sothebys 2025 sales results analysis 1234767117

Sotheby's is projecting $7.0 billion in consolidated 2025 sales, a 17% increase over the previous year and the strongest result in the company's history. Auction sales rose 26% to $5.7 billion, driven by high-quality consignments including the Leonard A. Lauder Collection and a $236.4 million Klimt painting. Luxury sales climbed 22% to $2.7 billion, while RM Sotheby's surpassed $1 billion for the first time. The opening of Sotheby's new global headquarters at the Breuer Building was a commercial centerpiece, generating $1.17 billion in its inaugural week. The company also expanded rapidly in the Middle East, staging the first international auction in Saudi Arabia and launching Collectors' Week in Abu Dhabi.

newspaper ARTnews open_in_new Read original

trending_up market schedule Nov 21, 2025 visibility 18 link 14 artists

frida kahlo el sueno sothebys auction 2690737

Frida Kahlo's painting *El sueño (La cama)* (1940) sold at Sotheby's New York for $54.7 million on Thursday night, setting a new auction record for any artwork by a female artist. The sale, which lasted under five minutes, exceeded the previous record held by Georgia O'Keeffe's *Jimson Weed/White Flower No. 1* ($44.4 million in 2014). The painting was backed by an irrevocable bid and came from the collection of Selma Ertegun, offered as part of a Surrealist group titled "Exquisite Corpus." Anna Di Stasi, Sotheby's head of Latin American art, placed the winning bid on behalf of a client.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 21, 2025 visibility 15 link 10 artists

sothebys modern pritzker exquisite corpse auction results 2716914

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).

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 21, 2025 visibility 15 link 13 artists

magritte bucksbaum collection sothebys sale 2698202

At Sotheby’s Modern evening auction, René Magritte’s 1942 painting *Le Jockey perdu*—which the artist considered a turning point in his career—sold for over $12.3 million, exceeding its high estimate. The work was part of a group of ten consignments from the estate of shopping mall magnate Matthew Bucksbaum and his wife Carolyn “Kay” Bucksbaum, influential collectors and philanthropists who met on a blind date in 1952. Alongside works by Salvador Dalí, Jean Dubuffet, Paul Klee, and Joan Miró, the evening sale netted more than $25 million, with remaining pieces appearing in subsequent day sales.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 21, 2025 visibility 19 link 10 artists

frida kahlo painting sothebys record woman surrealism 1234762747

Frida Kahlo's 1940 self-portrait *El sueño (La cama)* sold for $54.7 million at Sotheby's New York on November 20, far exceeding its pre-sale estimate of $40–60 million. The painting, consigned by the estate of Selma Ertegun, was won by a phone bidder handled by Sotheby's senior vice president Anna Di Stasi. The sale broke Kahlo's previous auction record of $34.9 million set in 2021 for *Diego y yo*, as well as the record for a Latin American artwork and the overall record for a work by a woman artist at auction, surpassing Georgia O'Keeffe's $44.4 million *Jimson Weed/White Flower No. 1*.

newspaper ARTnews open_in_new Read original

trending_up market schedule Nov 19, 2025 visibility 23 link 11 artists

sothebys lauder day sale 1234762297

Sotheby's held a day sale on Wednesday featuring 30 works from the collection of cosmetics heir Leonard Lauder, generating $3.84 million against an estimate of $2.22 million to $3.29 million. The sale followed a strong Tuesday auction led by a Gustav Klimt portrait from Lauder's collection that achieved the second-highest price ever for an artwork at auction. Standout results included works by Dorothea Rockburne, Elizabeth Murray, and Lyonel Feininger that far exceeded their estimates, while a Claes Oldenburg sculpture sold for $444,500, the top price of the day.

newspaper ARTnews open_in_new Read original

trending_up market schedule Nov 19, 2025 visibility 14 link 4 artists

leonard lauders klimt painting fetches sothebys 2713549

A Gustav Klimt painting, *Portrait of Elisabeth Lederer* (1914), sold for $236.4 million at Sotheby’s in New York, setting a new auction record for the artist and becoming the most expensive work ever sold at Sotheby’s as well as the most expensive Modern artwork at auction. The work was part of a sale dedicated to the collection of the late art patron Leonard Lauder, who died in June at age 92. The bidding lasted about 20 minutes, with Sotheby’s auctioneer Oliver Barker opening at $130 million; the winning bid of $205 million came from Sotheby’s staffer Julian Dawes, representing a phone client. The sale included two dozen works from Lauder’s trove, which also featured three Klimt paintings and six Henri Matisse bronzes.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 19, 2025 visibility 12 link 2 artists

basquiat crowns peso neto sothebys auction 2697577

An early Jean-Michel Basquiat painting, *Crowns (Peso Neto)* (1981), sold for $48.3 million at Sotheby’s contemporary evening sale on Tuesday night, exceeding its pre-sale estimate of $35–45 million. The work, making its auction debut, was created when Basquiat was 21 and features his signature motifs of crowns, black faces, and cartographic lines. Bidding lasted five minutes, with Sotheby’s chairman for China Jen Hua winning on behalf of a phone client. The painting had been held in three private collections over four decades and was previously exhibited at Basquiat’s first solo show at Annina Nosei, documenta 7, the Whitney Museum, and the Fondation Louis Vuitton.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 8, 2025 visibility 16 link 6 artists

manny davidson collection sale results sothebys paris 1234760513

Sotheby’s Paris raised €18.6 million ($21.5 million) from two live sales of the Manny Davidson collection this week, with a third online sale still ongoing. The collection, spanning nearly 500 lots, included rediscovered Old Masters, 18th-century gold enamel, and an automaton clock by James Cox. Highlights included Michael Sweerts’s *A young man wearing a turban holding an upturned roemer: the fingernail test* (1648–52), which sold for €1.6 million, and Joshua Reynolds’s *Self-Portrait, in doctoral robes* (ca. 1770), which fetched €838,200. The evening sale achieved 83% sell-through by lot, with most buyers from Europe and a third from the US.

newspaper ARTnews open_in_new Read original

trending_up market schedule Nov 6, 2025 visibility 11 link 3 artists

manny davidson collection sale sothebys paris 1234760156

Sotheby's Paris is selling "The Manny Davidson Collection: A Life in Treasures and Benevolence," a multi-owner sale of nearly 500 lots spanning Old Masters, 19th-century British paintings, 18th-century gold enamel, and decorative objects. Highlights include a rediscovered Michael Sweerts portrait estimated at €800,000–€1.2 million, a Thomas de Keyser portrait of a silversmith, and a Joshua Reynolds self-portrait study. The sale, which includes an evening auction on November 5 and an online component, was previewed by Sotheby's global head of private sales, Old Masters, Chloe Stead.

newspaper ARTnews open_in_new Read original

trending_up market schedule Oct 10, 2025 visibility 19 link 13 artists

sothebys matthew carolyn bucksbaum magritte jean dubuffett 1234756446

Sotheby's will sell ten works from the Matthew and Carolyn Bucksbaum collection in its fall auctions, with six pieces by René Magritte, Jean Dubuffet, Salvador Dalí, Joan Miró, and Paul Klee featured in the Modern Evening auction on November 20. The group of six works carries a total estimate of $18 million to $24 million, led by Magritte's *Le Jockey perdu* (1942) at $9–12 million and Dubuffet's *Restaurant Rougeot II* (1961) at $6–8 million. Sotheby's executives Julian Dawes and Grégoire Billault emphasized the rarity and importance of these works, noting that the Magritte is the only oil version of its subject and the Dubuffet is one of just three paintings of the iconic Paris restaurant.

newspaper ARTnews open_in_new Read original

trending_up market schedule Oct 9, 2025 visibility 11 link 2 artists

jean michel basquaits 45 m crowns peso neto to headline sothebys fall auctions in new york 1234756255

Sotheby's will offer Jean-Michel Basquiat's 1981 painting *Crowns (Peso Neto)* as the headline lot of its contemporary evening sale in New York this fall, carrying a high estimate of $45 million. The work, which has never been auctioned before, debuted at Basquiat's landmark 1982 solo show at Annina Nosei Gallery and later appeared at Documenta 7. It will be exhibited in London during Frieze Week, then in Paris coinciding with Art Basel Paris, before arriving at Sotheby's new Breuer Building headquarters in New York ahead of the November 8 sale.

newspaper ARTnews open_in_new Read original

trending_up market schedule Oct 7, 2025 visibility 21 link 1 artist, 1 gallery

wade guyton artwork inigo philbricks flops at sothebys 1234755862

A Wade Guyton artwork (2007) that was forfeited by Inigo Philbrick's business partner Robert Newland failed to sell at Sotheby's New York in late March 2025, carrying an estimate of $200,000 to $300,000. The same piece had previously sold for $208,000 at a U.S. Marshals Service auction in Texas in August 2023, a steep decline from its $490,000 sale at Sotheby's in 2015. Another Guyton from the same forfeiture—a 2018 piece owned by Philbrick himself—sold for $215,100 at the Texas auction, representing a 65% drop from its 2018 Christie's Paris sale of €535,500 (about $625,000). The article also notes a curious discrepancy: the Texas auction catalog listed a Phillips auction house label on the 2007 Guyton, but Phillips does not appear in the work's provenance, and Philbrick was known to do business with Phillips.

newspaper ARTnews open_in_new Read original

trending_up market schedule Oct 6, 2025 visibility 14 link 4 artists

sothebys to sell rene magritte work bought by family of nazi executed wwii resistance fighter 1234755449

A René Magritte painting, *La Magie Noire* (1934), will be auctioned at Sotheby’s Paris on October 24 with a high estimate of €7 million ($8.1 million). The work has remained in the same private collection for nearly a century, having been acquired directly from the artist by the family of World War II resistance heroine Suzanne Spaak, who was executed by the Gestapo in 1944 for helping Jewish children escape Nazi persecution. The painting depicts Magritte’s wife, Georgette Berger, and is the first of ten portraits in which the female body merges with sky, stone, and spirit.

newspaper ARTnews open_in_new Read original

trending_up market schedule Oct 1, 2025 visibility 10 link 2 artists

bacon rodin works sothebys frieze week sale 1234754682

Four works by Francis Bacon and Auguste Rodin will headline Sotheby’s Frieze Week contemporary evening auction in London on October 16. The lots include Bacon’s paintings *Portrait of a Dwarf* (estimated up to £9 million) and *Study for Self-Portrait* (up to £6 million), alongside Rodin’s final bronze iterations of *Pierre de Wissant* and *Jean de Fiennes* (each estimated at £600,000–£900,000). The works come from an important private collection, with the Bacons acquired directly from the artist and held for over 40 years, and the Rodins purchased from the Musée Rodin. Sotheby’s shared previously unpublished audio featuring art historian Eddy Batache, a close friend of Bacon, who noted that *Portrait of a Dwarf* is the only painting Bacon ever kept for himself.

newspaper ARTnews open_in_new Read original

trending_up market schedule Sep 26, 2025 visibility 20 link 10 artists

abu dhabi to host most expensive art exhibition staged by sothebys in the middle east valued at 150 m 1234753618

Abu Dhabi will host the most expensive art exhibition ever staged by Sotheby's in the Middle East on October 1 and 2, valued at approximately $150 million. The exhibition features six masterpieces by Vincent van Gogh, Paul Gauguin, Frida Kahlo, René Magritte, Camille Pissarro, and Edvard Munch, sourced from major private collections including those of Leonard A. Lauder, Cindy and Jay Pritzker, and Matthew and Kay Bucksbaum. It takes place at the Bassam Freiha Art Foundation on Saadiyat Island Cultural District and marks Sotheby's first public fine art show in the UAE, ahead of its Abu Dhabi Collectors' Week in November.

newspaper ARTnews open_in_new Read original

trending_up market schedule Sep 20, 2025 visibility 19 link 10 artists

sothebys karpidas sale white glove smashes estimate 1234752603

Sotheby's achieved a white-glove sale of Pauline Karpidas's collection on Wednesday night, far exceeding its $53 million high estimate to reach $100 million. All 55 lots sold, with 70% surpassing their high estimates, marking the highest total for a designated auction held in London. Two additional sales from the collection are ongoing: a day auction of 193 lots and an online sale of 97 lots, with a combined presale estimate of $80 million. The auction featured 23 Surrealist works, including pieces by René Magritte, and replicated Karpidas's London home in the salesroom.

newspaper ARTnews open_in_new Read original

trending_up market schedule Sep 16, 2025 visibility 12 link 7 artists

pritzker art collection sothebys breuer 1234751864

Sotheby's will open its first auction season in the Breuer building this fall with the Pritzker collection, a private cache of paintings never before seen outside a Chicago living room. The collection, built by Cindy and Jay Pritzker, carries an overall estimate north of $120 million, with the lead lot being Vincent van Gogh's 1887 still life *Romans Parisiens (Les Livres jaunes)*, estimated at close to $40 million. Other highlights include works by Paul Gauguin, Henri Matisse, Max Beckmann, Ernst Ludwig Kirchner, Joan Miró, Camille Pissarro, and a 15th-century sea chart by Petrus Roselli.

newspaper ARTnews open_in_new Read original