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The Big Review | Caravaggio 2025 at Palazzo Barberini, Rome ★★★

The article reviews the "Caravaggio 2025" exhibition at Palazzo Barberini in Rome, which brings together 24 paintings by the Baroque master Michelangelo Merisi da Caravaggio. Curated by Francesca Cappelletti, Maria Cristina Terzaghi, and Thomas Clement Salomon, the show is accompanied by a heavy marketing campaign tied to the Catholic Church's Jubilee year. The review notes that while any gathering of Caravaggio's works guarantees a beautiful experience, the exhibition's title and scope remain unclear, and the curatorial approach—divided into four thematic sections—feels disjointed. Highlights include the reunion of three paintings from Cardinal Francesco Maria del Monte's collection and the public display of the recently identified portrait of Maffeo Barberini.

Records for English painting and Fontana's cuts push the auction

Sotheby’s London kicked off the spring auction season with a robust modern and contemporary art evening sale, totaling £131.7 million and achieving a rare 100% sell-through rate. Despite global political uncertainty, the auction saw aggressive bidding for British post-war masterpieces and Italian avant-garde works. The event also marked the debut of Sotheby’s new commission structure, which lowers fees for high-value lots to incentivize larger transactions.

artdiscovery launches insured authenticity guarantee 1234760977

ArtDiscovery, a scientific art analysis firm with offices in London and New York, has launched what it calls the world's first insured authenticity guarantee for artworks. The service combines connoisseurship, provenance research, laboratory science, and proprietary AI, then backs the conclusion with an insurance policy from an A+ rated global insurer. If a certified attribution is later proven incorrect, the policy covers financial loss to the artwork's owner. The company's CEO, Denis Moiseev, and CFO, Steven Maslow, explained that the insured certificate is priced at 60 basis points of the certified value and travels with the artwork as a transferable warranty. The launch follows ArtDiscovery's acquisition by Hephaestus Analytical, a London-based tech company that uses AI, provenance research, and chemical analysis for authentication.

Aude Herledan | Black Venus (2015) | For Sale

This is a sales listing for Aude Herledan's bronze sculpture "Black Venus" (2015), an editioned work from her series "Faithful To My African Roots." The piece is offered by 1831 Art Gallery in Paris, with a certificate of authenticity and price available on request. The listing also provides a biography of Herledan, a French-born artist raised in Kinshasa who studied at the École Estienne, Parsons School, École des Beaux-Arts, and École du Louvre, and who has shown at major fairs including TEFAA and Art Paris.

How Third-Party Guarantees Are Quietly (But Significantly) Rewriting the Rules of the Art Auction

The article reports that the New York Spring Marquee auctions in May 2025 generated $1.27 billion, an 8% decline from $1.38 billion in May 2024, followed by a 26% drop in London June auctions to £98 million. In response to this volatile market, auction houses like Christie’s and Sotheby’s are increasingly relying on third-party guarantees (or irrevocable bids), where a buyer agrees in advance to purchase a lot at a set price if no higher bid emerges. Data from Pi-eX Ltd shows that third-party guarantee coverage surged from near zero in 2021 to a record 73% in May 2025, with the Leonard & Louise Riggio collection being 99% backed by such guarantees.

Record-breaking female Surrealists spice up underwhelming Christie’s New York sales

Christie’s New York spring sales brought in a combined $489 million across two evening auctions, including the Leonard and Louise Riggio collection ($272 million) and a 20th-century evening sale ($216 million). While sell-through rates were high at 94%, bidding was shallow and several high-profile lots underperformed: a Mondrian estimated at $50 million sold for $47.6 million, a Magritte from the Empire of Light series matched its 2023 price at $34.9 million, and a Lucio Fontana canvas that sold for $14 million in 2017 fetched just $7.5 million. Andy Warhol’s Big Electric Chair was withdrawn last minute amid a reported $10 million gap between seller and buyer expectations. The sales were bolstered by third-party guarantees and came hours after news of a temporary US-China tariff détente.

art ralph deluca art market downturn recession

Art advisor Ralph DeLuca, in his 'Street Smarts' column for Cultured, observes that amid political turmoil, tariffs, and art market jitters, wealthy collectors are shifting away from blue-chip contemporary art. Instead, they are investing in pop culture icons, historic artifacts, and natural history items like fossils, viewing them as safer bets. DeLuca notes that the May auction season saw high pass rates, failed guarantees, and lower prices, while galleries continue to close this summer.

Sotheby’s London Notches $63.3 Million Contemporary Sale, as Francis Bacon Portrait Soars

Sotheby's London held a contemporary evening sale on Thursday, totaling £47.6 million ($63.3 million), a significant increase from the £37.6 million ($49.2 million) achieved in the same Frieze-timed sale last year. The auction featured 27 lots, with a sell-through rate of 89%, and was led by Francis Bacon's *Portrait of a Dwarf* (1975), which sold for £13 million ($17.5 million), well above its high estimate. Tom Eddison, Sotheby's co-head of contemporary art, took the rostrum for his first marquee evening auction, guiding measured bidding that saw confident competition, including a cross-Channel contest for the top lot, ultimately won by Johan Nauckhoff for a client.

Competition in the Auction Business’s Middle Market is Fierce, and Growing Fiercer

The auction industry's middle market, generally defined as lots valued below $1 million, is experiencing intense competition and shrinking profit margins. While this segment accounts for the vast majority of transactions and a significant share of auction house earnings, rising overhead and sellers demanding complex financial deals—like enhanced hammers and guarantees—are squeezing profitability. Regional and specialized auction houses are fiercely competing for business against each other and against third-party online platforms.

Dangling sculpture—‘evacuated’ from Russian-Ukrainian frontline—will be focus of Ukraine's pavilion at Venice Biennale

Ukraine's pavilion at the 2024 Venice Biennale will feature artist Zhanna Kadyrova's concrete sculpture *Origami Deer*, which was evacuated from Pokrovsk in the Donetsk region as Russian forces advanced in 2024. The pavilion, titled *Security Guarantees*, references the 1994 Budapest Memorandum and will include archival materials and a video installation documenting the sculpture's journey across Europe. The work will be suspended from a crane on a truck along the Venice lagoon, symbolizing forced displacement and the fragility of international promises.

Shaohua Nong | Shaohua Nong Animal Original Oil On Canvas "Twain II… (2015) | For Sale

Chinese artist Shaohua Nong (b. 1960, Linfen, Shanxi) is offering an original oil on canvas titled "Twain II" (2015) for sale at US$1,300 through the gallery Sojourner in New York. The 25 × 37 inch painting is hand-signed, includes a certificate of authenticity, and is listed on Artsy with a money-back and authenticity guarantee. Nong, a member of the Shanxi Branch of Chinese Artists Association, has exhibited widely in China and internationally, including at Hong Kong ART CENTRAL Art Fair, Shangshang Art Museum in Beijing, and the Nanjing International Art Exhibition.

Sheboygan Visual Artists will welcome community to new gallery March 7

Sheboygan Visual Artists (SVA) is set to open its new 1,200-square-foot Ebenreiter Gallery on March 7 at 534 S. Pier Drive. The new riverfront location features four studio spaces and will serve as a permanent hub for exhibitions, workshops, and artist groups after the organization was displaced from its long-term home at the EBCO Venture Center in 2024. The opening will be marked by a communal painting event featuring local dignitaries rather than a traditional ribbon-cutting.