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lalanne hippopotame bar 31m sothebys record

François-Xavier Lalanne’s copper sculpture-bar 'Hippopotame Bar' sold for $31.4 million at Sotheby’s in New York, more than tripling its $7–10 million estimate after a 26-minute bidding war among seven bidders. The work, commissioned in 1976 by patron Anne Schlumberger and unique in its copper execution, set a new auction record for the artist and became the most expensive work of design ever sold at auction. The sale capped a year of strong performance for Lalanne’s hybrid animal-furniture works, which have consistently outperformed expectations even in a tougher art market.

francis ford coppola watch sale

Francis Ford Coppola sold a collection of seven personal watches at Phillips New York in early December 2025, raising millions to offset financial losses from his film Megalopolis (2024). The sale was led by a unique watch he co-designed with F.P. Journe, known as the FFC, which sold for $10.8 million—ten times its estimate and a world record for the brand. Other timepieces, including a Patek Philippe and a Breguet, also far exceeded their high estimates.

john oliver bob ross auction public media

A 1987 Bob Ross painting, *Cabin at Sunset*, sold for $1.04 million in a benefit auction hosted by late-night comedian John Oliver, setting a new auction record for the artist. The work was painted during the second episode of the 10th season of Ross's television series *The Joy of Painting*. The online sale, which concluded November 24, included 65 eclectic lots—from presidential wax figures to a signed bucket of dolls—and raised funds for the Public Media Bridge Fund, which supports independent broadcasters amid federal cuts to public broadcasting.

triceratops gros delettrez dinosaur sale

Parisian auction house Gros and Delettrez is offering a 66 million-year-old Triceratops prorsus skull on December 11, with an estimate of €300,000–€500,000 ($345,615–$576,025). The specimen, which surfaced from Wyoming's Lance Formation, is exceptionally complete with over 70 percent of its original bones and all three original horns intact. This marks the auction house's first dinosaur offering and will christen its new Rive Gauche headquarters, with the skull going on view on December 9 alongside works by Pablo Picasso and Pierre Soulages.

phillips evening sale 2025 stats

Phillips held its Modern and contemporary art evening sale in New York on Wednesday night, achieving $67.3 million in total sales—a 24.4 percent increase from the same auction last November. The sale featured 33 lots with a 94 percent sell-through rate, including a triceratops fossil that sold for $5.4 million through a partnership with natural history dealer Christian Link. Top lots included Francis Bacon's *Study for Head of Isabel Rawsthorne and George Dyer* (1967) at $16 million with premium, Jean-Michel Basquiat's *Exercise* (1984) at $3.8 million, and two works by Ruth Asawa. Only one artwork, a Jadé Fadojutimi, failed to sell, and there were no withdrawals.

churchill painting hudsons bay company auction

The Hudson's Bay Company, a historic Canadian department store chain that declared bankruptcy in March, began selling off its art collection. On November 19, 27 paintings from the retailer's trove were auctioned by Canadian auction house Heffel, all selling well above estimate. The top lot was an impressionistic painting of a Marrakech street by Winston Churchill, which sold for $1.5 million, more than tripling its low estimate. Other notable sales included Frederic Marlett Bell-Smith's 'Lights of a City Street' at $691,250 and works by William von Moll Berczy and Charles Pachter.

phillips modern contemporary art auction report francis bacon

Phillips held its modern and contemporary evening sale in New York on Wednesday, following Christie’s and Sotheby’s auctions that had already generated nearly $1.4 billion. The 33-lot sale achieved $67.3 million, a 24% increase from the equivalent sale last year, with a 94% sell-through rate. Headlining lots included an untitled Joan Mitchell painting ($14.3 million), a Francis Bacon diptych ($16 million), and a juvenile triceratops skeleton that sold for $5.3 million, exceeding its high estimate. Only two lots failed to sell, and notable results included works by Ruth Asawa, Firelei Báez, Jean-Michel Basquiat, and Max Ernst.

alexander calder painted wood mobile christies

Alexander Calder's painted wood mobile "Painted Wood" (ca. 1943) sold for $20.4 million at Christie's 20th-century evening sale in New York, exceeding its $15–$20 million estimate. The work, from the collection of Patricia Phelps de Cisneros, was acquired over 30 years ago and made its auction debut. Bidding was competitive among Christie's staffers Alex Rotter, Max Carter, and Patrick Saich, with Saich winning the lot for a client after a brief technical hiccup. The result is the second-highest price ever for a Calder at auction, behind "Poisson volant (Flying Fish)" (1957) which sold for $25.9 million in 2014.

art market minute nov 17

The U.K. Crown Prosecution Service has charged Hauser & Wirth and an art shipping firm with violating criminal sanctions by making George Condo's 2021 work on paper, *Escape from Humanity*, available to a person connected to Russia in 2022. Separately, Frida Kahlo's 1940 painting *El sueño (La cama)*, estimated at $40–60 million, will be auctioned at Sotheby's on November 20, potentially yielding a 78,400 percent return for its consignor. Qatar is also planning the first duty-free art storage unit in the Gulf.

preservationists petition to save wilbur building the sistine chapel of new deal art

Preservationists are petitioning to save Washington, D.C.'s Wilbur J. Cohen Federal Building, known as the 'Sistine Chapel of New Deal Art' for its 20th-century murals by Philip Guston and Ben Shahn. The Trump administration has listed the building for sale under an 'accelerated disposal' program, raising fears it could be demolished. The nonprofit Living New Deal launched a petition demanding transparency and public participation, as the building is one of 45 federal properties slated for swift sale. The structure, completed in 1940, houses ten New Deal-era artworks including frescoes, relief sculptures, and murals, and has been home to Voice of America since 1954.

claude monet sale bankruptcy george allen weiss

Financier George Allen Weiss is seeking court approval to sell Claude Monet's painting *Nymphéas* (1914–17) for $36.5 million to an unnamed buyer, as part of his bankruptcy proceedings. Weiss filed for bankruptcy in June after a federal judge ruled he owed over $100 million in debt tied to his hedge fund, Weiss Multi-Strategy Advisers, which also filed for bankruptcy in 2024. The sale, handled through Weiss's GW Crown Holdings LLC, is intended to cover $123 million in debt to Bank of America, but Jefferies Strategic Investments has filed a limited objection demanding the buyer's identity be disclosed, citing a comparable Monet that sold for $65.5 million at Sotheby's.

david lynch daughter la compound

Jennifer Lynch, daughter of the late artist and filmmaker David Lynch, revealed on Reddit that her father's will stipulates his Los Angeles compound must be sold immediately as a single property, with proceeds split evenly among his four children. The 2.3-acre Hollywood Hills property, listed at $15 million, includes a 10-bedroom home, pool, editing suite, and lime-green kitchen countertops. Jennifer expressed that the family would prefer to keep the property but must follow David's instructions to avoid any sibling feeling less loved.

sao paulo bienal 36 2025 bonaventure sharon hayes

The 36th São Paulo Bienal, curated by Bonaventure Soh Bejeng Ndikung and his team, explores the theme of humanity through six chapters, from the primordial to the transcendent. The exhibition features works by artists such as Precious Okoyomon, Frank Bowling, Aline Baiana, Gervane de Paula, Frankétienne, and Sharon Hayes, with a focus on textiles, sound, and jewel-toned aesthetics. The curators draw inspiration from avian migration and estuaries, structuring the show like tributaries connecting "the river to the sea," a phrase echoing Palestinian sovereignty without explicit mention. Highlights include Okoyomon's installation of dirt and plants, a career-spanning Frank Bowling survey, and Gervane de Paula's playful wood carvings that reveal subtle, provocative details upon close inspection.

obama presidential center artist commissions jenny holzer nick cave

The Obama Presidential Center in Chicago has announced nine new commissions by ten artists for its 19.3-acre campus, set to open next spring. The commissioned works include a text-based sculpture spelling 'HOPE' by Jack Pierson, a bronze sculpture by Kiki Smith, a digital mural by Jules Julien, a textile-and-sound installation by Nick Cave and Marie Watt, paintings by Jenny Holzer and Idris Khan, a sculpture by Nekisha Durrett, a mural by Aliza Nisenbaum, and an outdoor bronze by Alison Saar. These join five previously announced commissions, with plans for over 25 site-specific works total.

christies robert patricia weis collection sale

Christie’s has secured the collection of Robert F. Weis and Patricia G. Ross Weis for its November sales in New York, with 80 lots valued at over $180 million. The collection spans Cubism to Abstract Expressionism and includes major works by Picasso, Matisse, Mondrian, and Rothko, with top estimates reaching $50 million. The Weis family, founders of Weis Markets, assembled the collection over more than seventy years, and 18 lots will be sold in a single-owner sale ahead of Christie’s 20th-century evening sale.

barbara hepworth sculpture uk national collection

The Hepworth Wakefield and Art Fund have successfully raised £3.8 million to acquire Barbara Hepworth’s sculpture *Sculpture with Colour (Oval Form) Pale Blue and Red* (1943). The wood and string artwork, previously in private hands and rarely seen publicly, was sold at Christie’s in London last March for £3.5 million. A temporary export bar imposed by the UK government gave the museum time to raise funds, with the deadline set for August 27. The funding came from over 2,800 donations and major grants, including £1.89 million from the National Lottery Heritage Fund and £750,000 from the Art Fund, along with private support.

priority bidding phillips

Phillips auction house announced a new fee structure for fall 2025 called "priority bidding," which offers lower buyer's premium rates to bidders who place written bids at least 48 hours before a live sale. The move aims to encourage early engagement and generate more spirited bidding, while also providing certainty for sellers. The house is simultaneously raising its standard buyer's premium to as high as 29 percent on works up to $1 million, making it the highest among major auction houses. CEO Martin Wilson, who took over in January, hopes the program will mitigate risk and shore up sales of mid-priced works.

art market minute jul 28

Artnet News reports that AI-generated artworks are achieving record prices at art fairs and auction houses, with increasing presence in major exhibitions like the Digital Art Mile during Art Basel and a dedicated AI art auction at Christie's. The article features commentary from Artnet's European news reporter Jo Lawson-Tancred, who discusses how artificial intelligence is transforming both the market and business practices in the art world, while noting lingering concerns about market readiness and ethics.

ronald perelmans 410m trial finally begins

Billionaire collector Ronald Perelman's $410 million insurance trial has finally begun after seven years of litigation, over 1,500 court filings, and a 2018 fire at his East Hampton estate. The dispute centers on five paintings by Cy Twombly, Ed Ruscha, and Andy Warhol that survived the fire but were exposed to smoke and sprinklers. Perelman claims the works lost their market appeal—their "oomph"—while insurers at Lloyd's of London dispute any detectable damage and allege Perelman quietly tried to sell some of the pieces. The trial has also revealed that Perelman sold over 70 works from his collection after a margin call from Deutsche Bank, with some contested paintings used as collateral.

why no one trusts art prices anymore

Artnet News editor-in-chief Naomi Rea joins Kate Brown on The Art Angle podcast to discuss the unraveling of traditional art pricing logic. The art market has cooled beyond a typical downturn, entering what Rea calls a "danger zone" where dealers and advisors are quietly recalibrating as speculation dries up and confidence wanes. The episode examines how pricing mechanisms that once held the market together have broken down, affecting everyone from mega-galleries to emerging dealers.

top auction results june 2025

The summer 2025 auction season concluded with total sales of $85.7 million, a significant drop from $105 million the previous year. The top lot, François-Xavier Lalanne's *Grand Rhinocrétaire II* (2003), sold for $16.42 million at Sotheby’s New York, far below last June’s $29 million top price. Other notable results include Tamara de Lempicka’s *La Belle Rafaëla* (1927) at $10.18 million, two Jean-Michel Basquiat works, and a strong showing by Jacek Malczewski’s *Reality* (1908) at Desa Unicum in Warsaw.

simon de pury artnet hans neuendorf

Simon de Pury pays homage to Hans Neuendorf, the visionary founder of Artnet, following the announcement of Artnet's sale at the end of May. De Pury recounts Neuendorf's background as a successful art dealer who championed underappreciated artists like Francis Picabia, and describes how Neuendorf revolutionized the art world by creating the world's most comprehensive auction results database in 1989 (initially called Centrox). The article contrasts the pre-digital era of manually filing auction results with the instant access Artnet now provides, and notes that Neuendorf later expanded the platform with Artnet News and Artnet online auctions.

christies first half results 2025

Christie's reported that its auction sales for the first half of 2025 totaled $2.1 billion, identical to the same period last year, suggesting the art market may be stabilizing. However, the $2.1 billion figure marked a 22 percent drop from the first half of 2023, indicating stabilization at a lower level. The house sold seven of the top 10 works at auction, led by Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black, and Blue* (1921) for $47.6 million from the collection of Barnes & Noble founder Leonard Riggio. Luxury sales rose 29 percent, while Old Master sales increased 15 percent, but Asian art and Classics fell 28 percent and 32 percent respectively. The Americas led buyer activity at 45 percent, followed by EMEA at 34 percent and APAC at 21 percent.

canaletto walpole heads to christies auction

Canaletto's painting "Venice, the Return of the Bucintoro on Ascension Day" (1731–32) sold for £31.9 million ($43.9 million) at Christie's Old Masters evening sale in London, setting a new auction record for the Italian painter. The work, which once hung in the offices of Britain's first prime minister Robert Walpole, surpassed its presale estimate of £20 million and is the largest Canaletto composition to appear at market in two decades, noted for its exceptional preservation and execution during the artist's career peak.

marie antoinette pink diamond christies

A 10.38-carat fancy purple-pink diamond known as the Marie-Thérèse diamond, linked to Marie Antoinette's only surviving child, sold for $14 million at Christie's New York on June 17, far exceeding its $3–5 million estimate. The jewel, reworked by Joel Arthur Rosenthal into a ring with a fleur-de-lis motif, was originally part of a tiara and passed through generations of European royalty before being sold at Sotheby's Geneva in 1996. The auction also featured the Blue Belle, a sapphire necklace estimated at $8–12 million.

no artists arent the winners of the new gilded age

The article critiques the current art market frenzy in New York, where fairs and auctions dominate the scene, and argues that the relationship between art and money is being misrepresented in mainstream media. It cites recent op-eds by David Brooks, Tyler Cowen, and Matthew Yglesias, who suggest that wealth inequality benefits artists by boosting the financial returns of fine art. The author counters that these commentators conflate the art market with artists' livelihoods, ignoring the precarious reality most artists face.

art market minute jun 23

Art Basel 2026 confirmed that the global art market remains a buyer's market, with sales occurring across various price brackets. A new generation of collectors is emerging, driven by curiosity, community, and long-term engagement rather than speculation. Meanwhile, former Sotheby's executive Adam Chinn has quietly built the art lending firm International Art Finance, backed by the Nahmad family.

2025 bienal de sao paulo artist list

The Bienal de São Paulo has announced the 120 artists for its 2025 edition, titled “Not All Travellers Walk Roads – Of Humanity as Practice,” opening September 6 at the Ciccillo Matarazzo Pavilion. Curated by Bonaventure Soh Bejeng Ndikung, the selection was inspired by bird migration patterns and rivers, aiming to avoid nation-state classifications. Notable participants include Isa Genzken, Firelei Báez, Wolfgang Tillmans, Forensic Architecture, and 19 Brazil-based artists, alongside 20 deceased figures such as Bertina Lopes and Ernest Cole.

new talent art in america 2025

Art in America, the sister publication of ARTnews, has released its Summer 2025 issue featuring profiles of 20 emerging artists selected as "New Talent." The list includes artists from around the world working in various mediums, such as Agnes Questionmark, Aislan Pankararu, Alejandro García Contreras, Alison Nguyen, and others. This marks a continuation of the magazine's long-running "New Talent" designation, which began in 1954 and ran regularly until 1966, was relaunched in summer 2021, and has continued since.

at christies 13 6 million marlene dumas painting sets new record for living female artist at auction

Christie's 21st-century evening sale in New York on Wednesday night totaled $96.5 million, surpassing last year's $80.3 million, though the auction was characterized by caution, few fireworks, and a reduced number of lots. The headline event was Marlene Dumas's painting *Miss January* (1997) selling for $13.6 million with premium, setting a new auction record for a living female artist. The work, estimated at $12–18 million, was guaranteed and sold to a client bidding through Christie's deputy chairman Sara Friedlander; Miami collectors Don and Mera Rubell were the consignors. Other notable results included new records for Simone Leigh, Emma McIntyre, and Louis Fratino, while the top lot was Jean-Michel Basquiat's *Baby Boom* (1982) at $23.4 million. Four of 43 lots were withdrawn, and several works failed to sell, including an Ellsworth Kelly canvas with a $2 million low estimate.