christies 2025 sales results analysis 1234767047

Christie's closed 2025 with $6.2 billion in projected global sales, a nearly seven percent increase from $5.8 billion in 2024 and in line with its 2023 total. Auction sales reached $4.7 billion, up eight percent year-over-year, while private sales held steady at $1.5 billion. The year's top lot was Mark Rothko's *No. 31 (Yellow Stripe)*, which sold for $62.1 million in New York. Other highlights include a record Picasso sale in Hong Kong ($25.4 million) and the Fabergé Winter Egg in London (£22.9 million). The house also saw strong performance from its automobiles business, Gooding Christie's, which delivered $234 million in sales. Geographically, the Americas grew 15 percent to $2.58 billion, while Asia-Pacific slipped 5 percent.

franco vaccari artist dead 1234766473

Franco Vaccari, an Italian conceptual artist known for his participatory photography works, has died at 89. His death was announced by his gallery, P420 in Bologna, just four months before a retrospective of his work was set to open at Museion in Bolzano, Italy, in March. Vaccari's most famous piece, Esposizione in tempo reale n. 4, featured a photobooth at the 1972 Venice Biennale where viewers were invited to take and leave their portraits. He continued to explore themes of public and private space, information, and technology throughout his career, including later works with QR codes.

red grooms work tennessee state museum seeks help restoring 1234765337

In 1995, artist Red Grooms created the Tennessee Foxtrot Carousel, a working carousel featuring 36 figures from Tennessee history, installed at the base of Nashville's Broadway. After financial troubles forced its closure in 2003, the Tennessee State Museum acquired and dismantled it in 2004, storing it for years. Though the museum moved to a new $160 million building in 2018, the carousel remained in storage. Now, the museum has issued a request for information seeking partners to restore and operate the carousel, as reported by the New York Times.

bouvier us discovery 91 missing artworks 1234766044

Swiss art dealer Yves Bouvier has filed a Section 1782 petition in US federal court to locate 91 artworks he claims are his, worth approximately $100 million. The filing targets roughly 15 major banks and two auction houses (Sotheby's and Christie's) to compel disclosure of financial and transactional records. The request is tied to Hong Kong legal proceedings against French dealer Pascal de Sarthe, whom Bouvier accuses of failing to return works placed with him for safekeeping. De Sarthe disputes Bouvier's ownership, and his attorney has asked the New York court to delay or deny the application as premature.

diana ross performance alex prager art basel miami beach 1234765441

Diana Ross performed an intimate 20-minute set at a dinner celebrating Alex Prager's immersive installation 'Mirage Factory' during Art Basel Miami Beach. The event, held in a green room evoking Griffith Park, featured Ross singing hits from her Supremes days and solo career. Prager's installation, located in the old Beach Theatre on Lincoln Road, includes a 1:12 scale miniature of Hollywood Boulevard and was created with Capital One and the Cultivist. A performance based on Prager's photograph 'Beverly Palms Hotel' (2025) also took place, with actors embodying characters from the image.

daughter of marisa merz cancels show in kassel over documentas antisemitism policy 1234765391

An exhibition of work by late Arte Povera artist Marisa Merz, planned for the Fridericianum museum in Kassel, Germany, has been canceled by her daughter Beatrice Merz. Beatrice, president of the Fondazione Merz, called off the show in protest of Documenta's newly adopted Code of Conduct, which uses the International Holocaust Remembrance Alliance (IHRA) definition of antisemitism. The exhibition was originally scheduled to open in August 2025 and was replaced with a Robert Grosvenor survey. The cancellation was confirmed by Andreas Hoffmann, managing director of Documenta and the Fridericianum.

phillips modern contemporary art auction report francis bacon 1234762505

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.

kurt cobain nirvana guitar christies 1234762094

A 1969 Fender Competition Mustang guitar owned by Nirvana frontman Kurt Cobain is being auctioned by Christie's in March, with an estimated price of $2.5–$5 million. The guitar was used on the albums *Nevermind* and *In Utero*, as well as in the music video for "Smells Like Teen Spirit" and numerous live performances. It is part of the Jim Irsay Collection, assembled by the late Indianapolis Colts owner, which includes instruments from John Lennon, Jimi Hendrix, Prince, and others.

park avenue armory 2026 program marina abramovic 1234761974

The Park Avenue Armory in New York has announced its 2026 program, headlined by the US premiere of Marina Abramović's provocative performance piece "Balkan Erotic Epic" on December 8. The four-hour work, centered on nude fertility rituals rooted in Balkan traditions, will be joined by other multidisciplinary works including Céleste Boursier-Mougenot's sound installation "clinamen," Steve Reich's "Music for 18 Musicians" conducted by Alan Pierson, a Simon Stone production of "The Cherry Orchard" set in modern-day Seoul, and a Benjamin Millepied dance piece based on Romeo and Juliet. All performances will take place in the Armory's Drill Hall.

sothebys records highest ever totals in france for surrealist and modern sales during art basel paris week 1234758910

Sotheby's Paris achieved record-breaking totals for surrealist and modern art auctions during Art Basel Paris week, with combined sales of €89.7 million ($104 million) across its Surrealism and Its Legacy and Modernités sales—a 50 percent increase over the same event last year. The top lot was Amedeo Modigliani's *Elvire en buste* (1918-1919), which sold for €27 million ($31.3 million), the highest auction price for a painting by the Italian artist in France and the most valuable work ever sold by Sotheby's Paris. Other highlights included Modigliani's *Raymond* (1915) at €10.6 million, René Magritte's *La Magie Noire* (1934) at €10.7 million, and a complete set of Pablo Picasso's *Séries 347* etchings, which set a French auction record for any print by the artist.

chaim soutine biography celeste marcus 1234757163

A new biography titled *Chaïm Soutine: Genius, Obsession, and a Dramatic Life in Art*, written by Celeste Marcus, explores the life and work of the early 20th-century painter Chaïm Soutine. Marcus argues that Soutine’s intensely visceral paintings—featuring dizzying landscapes, bloody carcasses, and penetrating portraits—are the key to understanding the artist, who left behind few personal records. The book challenges the tendency to read historical tragedy, particularly Soutine’s identity as an Eastern European Jew before WWII, into his turbulent brushwork, instead emphasizing the life force and internal logic of his compositions.

matthiesen gallery lawsuit jill newhouse jon landau courbet 1234755812

The Matthiesen Gallery in London has filed a lawsuit in the Southern District of New York alleging fraud, breach of contract, and other counts over a Gustave Courbet painting, *Mother and Child on a Hammock*. The gallery claims that Thomas Austin Doyle, a convicted con man, orchestrated a scheme to defraud director Patrick Matthiesen, selling the painting—valued at $650,000—through artist and dealer Shalva Sarukhanishvili to Jill Newhouse Gallery for $115,000, which then sold it to top collector Jon Landau for $125,000. The lawsuit also names Landau, who allegedly viewed the work multiple times at TEFAF fairs knowing its retail price, yet refuses to return it. Doyle has a long criminal history, including prior convictions for art fraud and theft.

suzanne duchamp retrospective zurich kunsthall schirn frankfurt 1234753306

A new retrospective at Kunsthaus Zurich, soon traveling to Schirn Kunsthalle in Frankfurt, spotlights Suzanne Duchamp (1889–1963), a French artist often overshadowed by her brothers Marcel Duchamp, Raymond Duchamp-Villon, and Jacques Villon. The exhibition, titled “Suzanne Duchamp: Retrospective,” showcases her highly individual painterly practice rooted in Cubism and Dada, featuring works like *Radiation of Two Solitary Separates Apart* (1916–20) and *Marcel’s Unhappy Readymade* (1920), which reappropriates her brother’s readymade concept. The show includes a new catalog commission by painter Amy Sillman, who created digital drawings inspired by Duchamp’s formal dynamics.

mahmoud khalil nan goldin market tanked palestine activism 1234751605

Artist Nan Goldin and Palestinian activist Mahmoud Khalil discussed Khalil's 104-day ICE detention, the 'Palestine Exception' to free speech, and the backlash faced by pro-Palestinian activists in a conversation published in Dazed magazine. Khalil was arrested in March 2024 after serving as a negotiator during Columbia University protests, with the Trump administration alleging he undermined foreign policy and later claiming he failed to disclose information on his green card application. Goldin compared her own experience leading the activist group PAIN, which successfully pressured museums to cut ties with the Sackler family over the opioid crisis, noting that pro-Palestinian activism has faced far greater criminal and professional repercussions.

christies lawsuit milos vavra egon schiele nazi looted art 1234749726

A Czech man named Milos Vavra, a descendant of Jewish cabaret performer and collector Fritz Grünbaum who was murdered by the Nazis, has filed a lawsuit against Christie's in New York Supreme Court. Vavra demands that the auction house disclose the ownership and location of several blue-chip artworks from the Grünbaum Collection, including works by Egon Schiele. He alleges that Christie's entered a nondisclosure agreement with a Swiss family seeking to auction looted artworks, and he needs the information urgently to file claims before the Holocaust Expropriated Art Recovery Act (HEAR Act) statute of limitations expires in late 2026.

mierle laderman ukeles maintenance artist documentary review 1234746471

A new documentary titled "Maintenance Artist," directed by Toby Perl Freilich, premiered at the Tribeca Film Festival. The film chronicles the career of Mierle Laderman Ukeles, who coined the term "Maintenance Art" in a 1969 manifesto to elevate everyday domestic and civic labor into art. It follows her decades-long collaborations with New York City agencies, including her seminal "Touch Sanitation Performance" (1979–80) with the NYC Department of Sanitation, and her ongoing struggle to realize the installation "Landing: Cantilevered Overlook" (2008) at Freshkills Park. The documentary weaves together archival footage, interviews, and analysis of second-wave feminism, conceptual art, and urban bureaucracy.

Maurizio Cattelan invites you to a dawn barter-breakfast in Milan's Piazza Duomo: bring an object and exchange it with others

Maurizio Cattelan ti invita a una colazione-baratto all’alba in Piazza Duomo a Milano: porti un oggetto e lo scambi con quello degli altri

Maurizio Cattelan and Nicolas Ballario will host a massive "barter breakfast" in Milan’s Piazza Duomo to kick off the 2026 Milan Design Week. Scheduled for the early morning of April 20, the event invites the public to bring a personal object—ranging from the iconic to the eccentric—to exchange with other participants. The gathering will feature live music from various performers and coffee provided by Lavazza, creating a communal performance piece centered on the symbolic and emotional value of objects.

Damien Hirst's studio has been recreated in Seoul for a major exhibition dedicated to him (including the original floor)

Lo studio del celebre artista Damien Hirst è stato ricreato a Seoul per una grande mostra a lui dedicata (c’è pure il pavimento originale)

The National Museum of Modern and Contemporary Art (MMCA) in Seoul has launched "Nothing Is True But Everything Is Possible," the largest retrospective of Damien Hirst’s work ever held in Asia. Spanning 35 years of his career, the exhibition features over 50 iconic works, including his formaldehyde-preserved animals, diamond-encrusted skull, and a recreation of his Pharmacy Restaurant. A unique highlight is the meticulous reconstruction of Hirst’s London studio, complete with the original paint-stained floor transported to South Korea and 30 previously unseen unfinished canvases from his new "River" series.

New Bienal de Yucatán to spotlight Mexican region’s growing art scene

The city of Mérida is set to host the inaugural Bienal de Yucatán from November 2026 to February 2027, marking a significant milestone for the region's burgeoning contemporary art scene. Spearheaded by patron and curator Catherine Petitgas with artist Abraham Cruzvillegas serving as artistic director, the biennial aims to provide a formal platform for the city's dense ecosystem of over 40 galleries, international artist studios, and the Universidad de las Artes de Yucatán (UNAY). The announcement follows the successful debut of the Week of Art Yucatán (WAY), a multi-venue festival that showcased the city's unique blend of repurposed industrial spaces and traditional haciendas.

How Art Firms Are—or Should Be—Using A.I. Right Now

Art firms are increasingly experimenting with artificial intelligence, but concrete use cases remain limited and industry-specific tools are still in their infancy. A new partnership between Bonhams and tech company ARTDAI aims to apply AI to market analytics, valuation, and specialist research, while companies like Artsy and Artnet are integrating AI capabilities into their platforms. Industry experts, including former Art Basel chief Marc Spiegler, note that the art market's small size has historically discouraged tech development, but AI now makes high-performance tools accessible to smaller businesses.

Performance Artist Crackhead Barney Moves From the Streets to the Stage: ‘Art Should Be Going Insane’

Performance artist Crackhead Barney, known for her viral street interventions and ambush interviews at protests and public events, is transitioning her work to the formal stage. Her new play, GOD IS RAPING ME, is having sold-out dates at the Pageant performance space in Brooklyn, marking a significant shift from her guerrilla-style, social media-driven practice to theatrical production.

Rare Rauschenberg Experimental Dance Revived at Brooklyn Roller Rink

The Trisha Brown Dance Company is reviving Robert Rauschenberg's first choreographed dance, 'Pelican,' for the first time in 60 years. The single-night performance will take place at the vintage Xanadu roller rink in Brooklyn as part of a 'Pelican Gala,' which also features two long-unseen dances by Trisha Brown. The event coincides with the centennial of Rauschenberg's birth.

At the Every Woman Biennial, Joy Becomes a Form of Resistance

The sixth edition of the Every Woman Biennial opened at New York's Pen + Brush gallery, featuring hundreds of works by women and nonbinary artists in a densely hung, salon-style exhibition. The event, which began as a one-night pop-up in 2014, has grown into a major intergenerational showcase, mixing emerging artists with established names like Swoon and Mickalene Thomas, and includes performances and installations.

christies london sales 2026 2751457

Christie’s London achieved a robust £197.5 million ($263.8 million) across three evening sales, marking a significant 52 percent increase over the previous year. The marathon auction event included the 20th/21st Century sale, the Art of the Surreal sale, and a dedicated session for the Roger and Josette Vanthournout collection. Highlighting the evening was a record-breaking £26 million sale for Henry Moore’s sculpture "King and Queen," alongside strong performances for works by Dorothea Tanning and Toyen.

san francisco art institute casa arts center 2653645

The historic San Francisco Art Institute campus, which shuttered in 2023 following bankruptcy, is being revitalized as the California Academy of Studio Arts (CASA). Founded by billionaire philanthropist Laurene Powell Jobs, the new center will offer a free, unaccredited, year-long studio program for up to 30 emerging visual artists. The initiative aims to foster an experimental environment inspired by Black Mountain College, providing mentorship, workshops, and public engagement platforms.

exiled belarus free theatre brings exhibition on authoritarianism to the venice biennale 2749991

The exiled Belarus Free Theatre will stage a major exhibition titled "Official. Unofficial. Belarus." as an official collateral event at the 61st Venice Biennale. In the absence of a formal national pavilion, the group show will occupy the Church of San Giovanni Evangelista, featuring works by artists like Sergey Grinevich and Vladimir Tsesler that utilize religious iconography and prison materials to critique state surveillance and political repression.

gwyneth paltrow juliens auctions sale 2748938

Gwyneth Paltrow is partnering with Julien’s Auctions for a two-day sale on March 24–25 featuring personal items from her homes and wardrobe. The auction includes high-profile red carpet gowns by designers like Atelier Versace and Dior, design sketches for her iconic 1999 Oscars dress, and luxury furniture including pieces by Lindsey Adelman and Julian Mayor. A portion of the proceeds will benefit World Central Kitchen, a non-profit providing meals in response to humanitarian crises.

art market minute feb 9 2744032

The inaugural edition of Art Basel Qatar concluded in Doha, marking a significant new chapter for the Gulf art market. The fair adopted a smaller, curated format and was notably overseen by Egyptian artist Wael Shawky, who served as its artistic director, bringing a curatorial perspective to the commercial event.

yves bouvier de sarthe 91 works lawsuit 2726250

Swiss art dealer Yves Bouvier has filed a motion in federal court in Manhattan to recover 91 artworks valued at an estimated $100 million, which he claims were entrusted to French dealer Pascal de Sarthe. Bouvier is seeking to compel at least 15 banks and two major auction houses—Sotheby's and Christie's—to provide information about the artworks' whereabouts. The legal action, initiated in Hong Kong in October, targets de Sarthe, who disputes Bouvier's ownership. Bouvier alleges that after his long-running legal battle with Russian billionaire Dmitry Rybolovlev, he was blacklisted by auction houses and entered into an oral agreement with de Sarthe and dealer Jean Marc Peretti for custody of the artworks, but de Sarthe has allegedly failed to respond to inquiries. A Hong Kong hearing was held in early October for orders including injunction and preservation.

art dealers movie villains 1625287

Artnet News examines the recurring trope of art dealers as villains in popular cinema, highlighting seven films that feature duplicitous gallerists, auction house specialists, and art advisors. Examples include Rhodora Haze in *Velvet Buzzsaw* (2019), a ruthless gallerist who profits from a dead artist's work against his dying wish, and Virgil Oldman in *The Best Offer* (2013), an auction house director entangled in forgery and deception. The article also references Victor Taft in *Legal Eagles* (1986), where a performance artist's father's suspicious death drives the plot.