Art News. Vasari Codex

trending_up market schedule Jun 3, 2025 visibility 15 link 7 artists, 1 gallery

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.

newspaper ARTnews open_in_new Read original

trending_up market schedule Jun 2, 2025 visibility 20 link 9 artists

castle where renoir summered hits market

The Château de Wargemont, a 19th-century seaside castle in Normandy where Pierre-Auguste Renoir summered and painted, has been listed for sale by Sotheby’s International Realty for €4 million ($4.5 million). The 17-room property, set on 25 acres, is the last great Impressionist site still in private hands and retains original features including Renoir’s dining room mural The Two Hunts, the only in-situ decor by an Impressionist. Renoir was invited there by diplomat and banker Paul Bérard, and the estate appears in several of his works, including Les rosiers à Wargemont (1879), which sold for $7.5 million at Sotheby’s in 2004.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 30, 2025 visibility 12 link 12 artists

georges lemmen record auction

Belgian Neo-Impressionist Georges Lemmen's painting *Jeune femme faisant du crochet (Julie Lemmen)* (1890) sold for $698,500 at Sotheby's New York on May 14, shattering its $50,000–$70,000 estimate and more than doubling the artist's previous auction record. The Pointillist portrait of the artist's sister, Julie Fréderique Lemmen, had been in a private Florida collection since 1960 and was consigned through Sotheby's online portal. The sale drew over a dozen bidders, including a museum, two dealers, and five private collectors, and was backed by an irrevocable bid.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 29, 2025 visibility 15 link 6 artists

5 essential works rene magritte

René Magritte, the iconic Belgian Surrealist, remains a dominant force in the art market and popular culture. In November 2024, his painting *L’empire des Lumières* (1954) sold for a record $121.2 million at Christie’s in New York, followed by *La reconnaissance infinite* (1933) fetching £10.3 million ($13.7 million) at Christie’s in London in March 2025. Magritte also topped Artnet News’ 2025 Intelligence Report as the best-selling Impressionist & Modern artist, with over $312 million in sales. The article highlights five essential works, including *The False Mirror* (1928) and *The Lovers* (1928), both held by the Museum of Modern Art in New York, and *The Treachery of Images* (1929), exploring their surrealist themes and enduring appeal.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 28, 2025 visibility 19 link 8 artists

artcurial twenty one contemporary

On June 6, 2025, Artcurial Paris will host "Twenty One Contemporary," a curated auction dedicated exclusively to 21st-century art. The sale features works by artists such as Xavier Veilhan, Barthélémy Toguo, Aboudia, Thomas Houseago, and Guillaume Bresson, spanning experimental sculpture, painting, and works on paper. Highlights include Veilhan's machine-carved birch sculpture "The Neptunes" (2015), Toguo's large-scale watercolor "Homing Pigeon" (2005), and Bresson's photorealistic "Sans titre" (2010), with estimates ranging from €15,000 to €120,000.

newspaper Artnet News open_in_new Read original

article culture schedule May 28, 2025 visibility 15 link 5 artists

frank lloyd wright news

More than sixty years after his death, Frank Lloyd Wright remains a highly influential architect, and in 2025 his legacy continues to generate news. This article from Artnet News compiles eight recent stories about Wright's buildings, including Marc Jacobs' restoration of the Max Hoffman House, Loyola University's acquisition of the Emil Bach House, the contested sale of Oklahoma's Price Tower, and the deteriorating condition of the J.J. Walser Jr. House in Chicago. It also notes a fictional Wright-inspired building appearing in the Apple TV+ series *The Studio*, starring Seth Rogen.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 26, 2025 visibility 20 link 9 artists

sothebys saunders old masters sale results

A Sotheby's single-owner sale of 55 Old Masters works from the collection of Jordan and Thomas A. Saunders III on May 21 achieved $64.7 million, falling well short of the $80–120 million estimate. The evening sale had a 58.5% sell-through rate, with 17 lots unsold and two withdrawn; a subsequent day sale on May 22 saw a similar 58.3% rate. Top lots included Francesco Guardi's Venetian views at $10.5 million, a record $8.8 million for Jan Davidsz. de Heem, and a record $7.37 million for Frans Post. Despite these highlights, the overall performance was dampened by high estimates, shifting collector tastes, and the prevalence of guarantees.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 23, 2025 visibility 21 link 11 artists

saunders collection old masters sothebys

The collection of Old Masters assembled by Thomas A. Saunders III and his wife Jordan sold for $64.7 million at Sotheby’s on May 21, falling below its low presale estimate but still becoming the most valuable trove of Old Masters ever sold in a single auction. Seven artist records were set, including Luis Meléndez’s *Still Life of a Cauliflower…* ($6.3 million) and Jan Davidsz. de Heem’s floral still life ($8.8 million). The top lot was Francesco Guardi’s twin landscapes of Venice ($10.5 million). A further 14 paintings sold the next day, bringing the collection’s total to $65.4 million.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 22, 2025 visibility 15 link 6 artists

fort worth kimbell art museum acquires chardin the cut melon

The Kimbell Art Museum in Fort Worth, Texas, has acquired Jean Siméon Chardin's 1760 painting *The Cut Melon* directly from the descendants of Baroness Charlotte de Rothschild. The work had previously sold for $30.3 million at Christie's France in June 2024 to Italian investor Nanni Bassani Antivari, who failed to pay, leading Christie's to sue him. The museum, which was the underbidder at auction, announced the acquisition on Wednesday, and the painting goes on view Thursday in the Louis I. Kahn building.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 21, 2025 visibility 16 link 12 artists

lalanne ostrich bar sothebys paris

François-Xavier Lalanne's functional sculpture "Ostrich Bar" (1965) sold for €11.1 million ($12.5 million) at Sotheby's Paris on May 20, far exceeding its €3–4 million estimate after an 11-minute bidding war. The piece, one of only six ever produced, features two porcelain ostriches gripping a metal shelf with a central egg for ice cubes; it was the artist's personal favorite, kept in his bedroom for over four decades. The sale took place within Sotheby's Important Design sale curated by model Betty Catroux.

newspaper Artnet News open_in_new Read original

article culture schedule May 19, 2025 visibility 19 link 13 artists

art bites marcel duchamp dentist check

Marcel Duchamp paid his dentist, Daniel Tzanck, with a hand-painted forged check in 1919, titled *Tzanck Check*. The work mimics a real bank check made out for $115, drawn on the fictitious “The Teeth’s Loan & Trust Company Consolidated.” Duchamp meticulously painted each letter to look printed, and the dentist—who was also a major art collector—never cashed it, recognizing its artistic value. The check is now a promised gift to the Israel Museum in Jerusalem, with a 1938 reproduction held by M+ museum in Hong Kong.

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

gavel restitution schedule May 16, 2025 visibility 21 link 7 artists

botticelli virgin and child export bar

The United Kingdom has imposed a temporary export bar on Sandro Botticelli's painting "The Virgin and Child Enthroned" (c. 1470), valued at £10.2 million ($13.5 million). The work was sold to a foreign buyer at Sotheby's London last fall for £8.6 million, but the export license deferral—recommended by the Reviewing Committee on the Export of Works of Art—gives British institutions until August 8 to express interest in acquiring it. The painting, previously attributed to Botticelli's workshop, was confirmed as an autograph work through new scientific analyses and has been in the private collection of Lady Wantage since 1904.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 16, 2025 visibility 13 link 4 artists

len riggios mondrian christies auction

A 1922 painting by Piet Mondrian, *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue*, sold at Christie’s New York for $47.6 million, falling short of its $50 million-plus estimate and the artist’s auction record of $51 million set in 2022. The work was the highlight of the “Leonard & Louise Riggio: Collected Works” sale, a 39-lot trove from the late Barnes & Noble founder and Dia Art Foundation chairman, estimated at up to $326 million. The painting sold to a single phone bidder, likely the guarantor, with no room action.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 16, 2025 visibility 20 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

trending_up market schedule May 15, 2025 visibility 17 link 6 artists

heffel spring auction 2025 highlights art sale

Toronto-based Heffel Fine Art Auction House will host its Spring Auction on May 22, 2025, featuring a two-part sale: the Postwar and Contemporary Art sale at 5 p.m. EST, followed by the Canadian, Impressionist, and Modern Art sale at 7 p.m. EST. The auction highlights Canadian art from the past century, including works by Group of Seven members like Lawren Harris and Tom Thomson, as well as Refus Global artist Jean-Paul Riopelle. Notable lots include Harris's *Northern Lake* (1926) estimated at $2–3 million CAD, Riopelle's *Sans titre* (1952) with estimate upon request, and Thomson's *Autumn, Algonquin Park* (1914) estimated at $1–1.2 million CAD.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 15, 2025 visibility 18 link 12 artists, 3 galleries

pharrell williams joopiter marketplace

Pharrell Williams has launched a new buy-it-now extension called Joopiter Marketplace, an offshoot of his existing auction platform Joopiter. The marketplace offers collectibles from Williams's personal archive—including Vivienne Westwood hats, KAWS sneakers, Gucci and Levi's jackets, and items from his fashion labels ICECREAM and Billionaire Boys Club—alongside pieces from other cultural figures. Additional sellers include artist Tom Sachs, gallerist Easy Otabor, jewelry designer Lorraine Schwartz, and music executive Steven Victor, with proceeds from some sales benefiting nonprofits like the Anderson Ranch Arts Center, Rebuild Foundation, and the Virgil Abloh Foundation.

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

gavel restitution schedule May 15, 2025 visibility 18 link 3 artists

valparaiso university brauer museum can sell paintings

The Porter County Superior Court has approved Valparaiso University's plan to sell three valuable paintings from the Brauer Museum of Art—works by Frederic Edwin Church, Childe Hassam, and Georgia O'Keeffe valued at around $20 million—to fund renovations to freshman dormitories. The decision follows a year and a half of controversy, including a lawsuit from the museum's founding director Richard Brauer and condemnation from major museum professional organizations, who argue that deaccessioning art for non-collection purposes violates ethical standards.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 15, 2025 visibility 16 link 5 artists

marlene dumas miss january rubell family christies auction

A Marlene Dumas painting, *Miss January* (1997), sold for $13.6 million at a Christie’s auction, making the South African artist the most expensive living female artist at auction. The work, consigned from the Rubell Family collection, had an estimate of $12–18 million and was backed by a third-party guarantee. It was won by an anonymous telephone bidder represented by Sara Friedlander, Christie’s deputy chairman for postwar and contemporary art.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 13, 2025 visibility 17 link 6 artists

artnet auctions 20th century art 2

Artnet Auctions is hosting its '20th Century Art' sale, now live for bidding through March 19, 2025. The sale features a curated selection of portraits by leading 20th-century artists, including Andy Warhol, Roy Lichtenstein, Pablo Picasso, Niki de Saint Phalle, Michelangelo Pistoletto, and Alex Katz. Highlights include Saint Phalle's playful sculpture 'Tête de Femme' (1982), Picasso's abstract graphite drawing 'Homme au chapeau jouant de la guitare' (1914–1915), and Lichtenstein's Ben-Day dot print 'The Art Critic' (1996).

newspaper Artnet News open_in_new Read original

trending_up market schedule May 9, 2025 visibility 19 link 8 artists

sothebys sets new world record for photography auction

Sotheby's New York held a single-owner auction titled "175 Masterworks To Celebrate 175 Years of Photography: Property from Joy of Giving Something Foundation" on December 11 and 12, achieving a world record for a photography auction. The sale grossed $21,325,063, surpassing its presale estimate of $13–20 million and beating the previous record of $15 million set by a Sotheby's sale in 2006. The collection came from the late American financier Howard Stein, who founded the Joy of Giving Something Foundation in 1999. The auction had a strong sell-through rate of 90.3 percent by lot and 94.9 percent by value, with top lots including Alvin Langdon Coburn's "Shadows and Reflections, Venice" (1905) at $965,000 and August Sander's "Handlanger" at $749,000. Several female photographers set new records, including Tina Modotti, Julia Margaret Cameron, and Lee Miller.

newspaper Artnet News open_in_new Read original

gavel restitution schedule May 8, 2025 visibility 13 link 7 artists

32 million klimt sale falls through

The record-setting $32 million sale of Gustav Klimt's "Portrait of Fräulein Lieser" (1917) has fallen through after a restitution settlement failed to resolve gaps in its provenance. The painting, discovered in early 2024 and sold at Im Kinsky auction house in Vienna to an anonymous Hong Kong buyer in April, was mired in controversy over its history during the Nazi era. The work's whereabouts between 1925 and 1961 were unknown, a period including Austria's annexation by Nazi Germany. The auction house proposed the work was commissioned by Henriette Lieser, who was deported and murdered at Auschwitz, but conflicting theories about the sitter's identity and the painting's path through a Nazi party member's family complicated restitution efforts. A new potential legal heir emerged after the sale, and the buyer ultimately pulled out.

newspaper Artnet News open_in_new Read original

gavel restitution schedule May 7, 2025 visibility 13 link 4 artists

aic appeals return of egon schiele drawing

The Art Institute of Chicago is appealing a New York court order to return Egon Schiele's drawing *Russian War Prisoner* (1916) to the heirs of its original owner, Fritz Grünbaum, a Jewish art collector who died in a Nazi concentration camp. The museum secured a temporary stay while it pursues the appeal, following an April ruling by Justice Althea Drysdale that found credible evidence the 1956 sale to Swiss dealer Eberhard Kornfeld was illegitimate. The drawing was seized from the museum in September 2023 and remains off view.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 2, 2025 visibility 14 link 7 artists

rachofsky house dallas for sale

The Rachofsky House, a landmark contemporary art residence in Dallas designed by Pritzker Prize-winning architect Richard Meier, has been quietly listed for sale off-market by Compass agent Faisal Halum. The 9,000-square-foot home at 8605 Preston Road has been owned for decades by prominent collectors Howard and Cindy Rachofsky, who annually hosted the Two x Two gala there, raising over $130 million for amfAR and the Dallas Museum of Art. Howard Rachofsky confirmed the sale, citing his age (81) and ongoing estate planning.

newspaper Artnet News open_in_new Read original

article news schedule May 1, 2025 visibility 12 link 8 artists

howard castle completes restoration

Castle Howard, the historic North Yorkshire estate known for its role in Netflix's *Bridgerton* and the 1981 film *Brideshead Revisited*, is reopening to the public after major restoration work. The centerpiece is the tapestry drawing room, which had stood as an empty shell since a 1940 fire devastated much of the house. The room has been fully reconstructed with a new ceiling, floor, fireplace, paneling, and window casings, overseen by architect Francis Terry. Four 18th-century tapestries by John Vanderbank, depicting the seasons, have been restored and reinstalled in their original locations for the first time since the early 1700s. The restoration also prompted a rehang of the Long Gallery and a reimagining of the grand staircase, which now displays artifacts collected by the earls of Carlisle.

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 Apr 30, 2025 visibility 15 link 7 artists

emily fisher landau picasso sothebys

Pablo Picasso's 1932 painting *Femme à la montre*, depicting his lover Marie-Thérèse Walter, sold for $139.4 million (including fees) at Sotheby's New York during the highly anticipated Emily Fisher Landau sale. The work, estimated at $120 million, was the centerpiece of the auction, with bidding starting at $95 million and concluding after a two-minute standoff among three phone bidders, including one from Asia. Brooke Lampley, Sotheby's head of global fine art, secured the winning bid on behalf of a client. The sale was handled by Sotheby's, which won the right to auction the estate of Landau, a longtime Whitney Museum board member and private collector.

newspaper Artnet News open_in_new Read original

trending_up market schedule Apr 26, 2025 visibility 22 link 12 artists

rare basquiat sothebys contemporary auctions in new york

Sotheby's will auction a rediscovered early Jean-Michel Basquiat painting from 1981, unseen for 36 years, with a $10–15 million estimate at its Contemporary Evening Auction in New York this May. The sale also features major works from three tightly held private collections: the estate of Barbara Gladstone, the Roy Lichtenstein Foundation, and Daniella Luxembourg's 'Im Spazio' group, alongside top lots by Lucio Fontana, Robert Rauschenberg, Frank Stella, and Ed Ruscha. The Modern Evening Auction includes a Pablo Picasso musketeer portrait and a Georgia O'Keeffe painting, with combined estimates for both sales reaching up to $525.2 million.

newspaper ARTnews open_in_new Read original

museum exhibitions schedule Apr 26, 2025 visibility 19 link 4 artists

museums of tomorrow roundtable 2025

The Fine Arts Museums of San Francisco (FAMSF) will host the 2025 Museums of Tomorrow Roundtable (MTR) from May 11-17, bringing together 14 global museum leaders and technology firms including Adobe, Anthropic, Bloomberg, and Salesforce. Participants include directors such as Marion Ackermann (Stiftung Preußischer Kulturbesitz), Stephanie Rosenthal (Guggenheim Abu Dhabi), Eike Schmidt (Museo di Capodimonte), Mami Kataoka (Mori Art Museum), and others, alongside Bay Area museum heads and AI artist Refik Anadol, who will speak in a free public program at the de Young Museum. The forum aims to bridge the museum and technology communities, exploring how advanced technologies can enrich operations and visitor experiences while supporting artists working with technology.

newspaper Artnet News open_in_new Read original