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Venice off the beaten track

The article highlights collateral exhibitions at the 2024 Venice Biennale that take place beyond the main venues of the Giardini and Arsenale, offering visitors unexpected discoveries in historic Venetian palazzos and warehouses. Featured shows include Hernan Bas's 'The Visitors' at Ca' Pesaro, exploring tourism's contradictions; 'Turandot: To the Daughters of the East' at Palazzo Franchetti, a group exhibition of women artists from Central Asia; and Amoako Boafo's first solo show in Italy at Palazzo Grimani, presented by Gagosian.

Russia's 2026 Venice Biennale Will Not Open to the Public, and Other News.

Russia's pavilion at the 2026 Venice Biennale will be closed to the public for nearly the entire run of the exhibition (May 9–November 22), with access limited to a brief preview period for press and invited guests. Instead of physical access, visitors will experience the pavilion's project—titled 'The Tree Is Rooted in the Sky'—via video documentation displayed on exterior screens. The arrangement is widely seen as a compromise shaped by international sanctions and political backlash over Russia's return following its absence after the 2022 invasion of Ukraine. In other news, Matthieu Blazy unveiled his first Chanel cruise collection in Biarritz; San Francisco appointed Matthew Goudeau as its first-ever executive director of arts and culture; the Saudi Arabia Museum of Contemporary Art received a $490 million construction grant from Diriyah Company; and online auction sales grew 8 percent in 2025, generating $423.9 million.

Tracey Emin | Even Saying Nothing Is a Lie (2021) | For Sale

Tracey Emin's 2021 lithograph "Even Saying Nothing Is a Lie" is being offered for sale by Hang-Up Gallery in London for £8,500. The limited-edition print, hand-signed and numbered by the artist, measures 37 × 29 1/10 inches and comes framed. Emin, a leading Young British Artist known for her confessional works such as "My Bed" (1998), has exhibited globally at institutions including the Mori Art Museum, Whitney Museum, and Stedelijk Museum, and her work is held by major collections like Tate and MoMA.

Basquiat's 'Museum Security' to Headline Sotheby's May 2026 Contemporary Evening Auction

Jean-Michel Basquiat’s monumental 1983 painting 'Museum Security (Broadway Meltdown)' is set to headline Sotheby’s Contemporary Evening Auction in May 2026. Estimated to fetch in excess of $45 million, the work is appearing at auction for the first time in over a decade. Before the sale, the canvas will undergo a global tour with stops at the Breuer building in New York, Hong Kong, Los Angeles, and London.

‘Better every year’: Frieze opens to swift sales for Los Angeles artists

Frieze Los Angeles opened its 2026 edition at the Santa Monica Airport with a strong showing of community spirit and rapid sales during the VIP preview. Following a difficult year marked by local wildfires, the fair has seen a surge in institutional acquisitions and commercial success for both emerging local talent and established international figures. Notable early transactions included a $2.8 million sale of a Njideka Akunyili Crosby work by David Zwirner and a complete sell-out of Erica Mahinay’s paintings at Make Room gallery.

12 must-see exhibitions in and around Los Angeles during Frieze

Los Angeles is hosting a series of major exhibitions to coincide with the Frieze Los Angeles art fair, highlighting both historical activism and contemporary social critiques. Key shows include Judith F. Baca’s exploration of her iconic 'Great Wall of Los Angeles' mural at Jeffrey Deitch, a massive survey of time-based media from the Julia Stoschek Foundation at the Variety Arts Theater, and a collaborative project between MOCA and The Brick titled 'Monuments' that recontextualizes removed Confederate statues through the lens of contemporary Black artists.

At Mexico City’s Material and Salón Acme fairs, artists find hope in nature

Mexico City Art Week's satellite fairs, Salón Acme and Feria Material, drew large crowds during VIP previews on February 5, with Material reporting its biggest opening-day attendance ever after moving to the expansive Maravilla Studios venue. The fairs feature over 70 exhibitors, with a strong contingent of Mexico City galleries and around half of participating galleries from Latin America. Notable presentations include Rajni Perera's works on paper and sculptures addressing environmental exploitation and colonial control, Gala Berger's hybrid works on amate paper referencing the Svalbard Global Seed Vault, and Miguel Harte's enamel and resin pieces depicting nature overwhelmed by synthetic materials.

Mexico City’s Zona Maco fair continues to draw upbeat crowds and eager buyers

Mexico City's Zona Maco fair is drawing upbeat crowds and eager buyers at the Centro Banamex convention centre, running until 8 February. Despite geopolitical tensions and the addition of Art Basel Qatar to the international calendar, collectors, curators, and museum groups from the Americas and Europe are attending in strong numbers. Galleries such as Sean Kelly Gallery, Proyectos Monclova, Kouri + Corrao, and Palo Gallery report robust sales and deep conversations with visitors, with a notable emphasis on ceramics and materiality in the works on view.

Renowned Mexican art collection to be managed by Spanish bank

Banco Santander announced on 21 January that it will manage 160 works from the Gelman Collection of 20th-century Mexican art, following a long-term agreement with the Zambrano family, which acquired the collection in 2023. The newly branded Gelman Santander Collection will debut this summer at Faro Santander, the bank's new venue in Cantabria, Spain. The collection, started by Russian-born film producer Jacques Gelman and his wife Natasha, includes major works by Frida Kahlo, Diego Rivera, Rufino Tamayo, and others, but has been largely out of public view since 2008 amid inheritance disputes. The agreement is complicated by Mexican law, which designates many works as National Artistic Monuments, restricting their permanent export and requiring oversight by the Instituto Nacional de Bellas Artes y Literatura (INBAL).

MENA Artists Are Having a Market Moment That’s Built to Last

Auction sales for artists from the Middle East and North Africa (MENA) region rose 9.4% to $33.2 million in 2025, driven by increased activity from international auction houses and the emergence of new hubs like Riyadh. The Sotheby's 'Origins' sale in Saudi Arabia achieved $17.3 million, setting artist records, while works from Lebanon, Egypt, and Iraq saw particularly strong gains, indicating a market rebalancing.

BMA sets attendance record with 'Amy Sherald: American Sublime' exhibition

The Baltimore Museum of Art (BMA) has set a new attendance record with its current exhibition, 'Amy Sherald: American Sublime,' which has drawn 52,597 visitors since opening on November 2. The previous record was held by the 'Matisse/Diebenkorn' show in 2016-2017 with about 45,700 visitors. The exhibition, a mid-career survey of Sherald's work, runs through April 5 and is projected to reach 70,000 attendees. It originated at the San Francisco Museum of Modern Art and traveled to the Whitney Museum of American Art before arriving in Baltimore, after Sherald canceled its planned stop at the National Portrait Gallery due to censorship concerns.

FOG Design + Art Delivers Strong Sales and Institutional Momentum in San Francisco

FOG Design + Art opened its 2026 edition on January 21 with a gala benefit for SFMOMA's education initiatives, drawing strong attendance and sales. The fair, which blends contemporary art and collectible design, featured 85 works acquired by SFMOMA, including pieces by Ruth Asawa, Michael Armitage, Firelei Báez, Dorothea Lange, Gabriel Orozco, and Indigenous artists such as Jaune Quick-to-See Smith and Kay WalkingStick. Galleries like Wendi Norris presented ambitious, institution-worthy works, with a focus on visionary artists and the intersection of art, science, and spirituality.

Observer’s 2025 Art Market Recap: Recovery After a Year of Recalibration

After a turbulent start marked by gallery closures and market contraction, the art market in 2025 rebounded decisively, driven by a secondary-market surge in high-quality consignments. Major auction houses reported strong year-end results: Sotheby's projects $7 billion in consolidated sales (up 17%), Christie's expects $6.2 billion (up 7%), and Phillips reported $927 million (up 10%). Key sales included the $272 million Leonard & Louise Riggio collection at Christie's, the $527.5 million Lauder collection at Sotheby's (led by a $236.4 million Gustav Klimt), and the $136 million Karpidas sales. The year began quietly but gained momentum after summer, with deep bidding and strategic pricing driving a 26% increase in Sotheby's auction revenue and an 11% overall rise in fine art sales across Old Masters, Impressionist, Modern, Post-War and Contemporary categories.

Five forces that reshaped the art market in 2025

In 2025, the art market faced significant challenges, including gallery closures and unfavorable auction results in the first three quarters, driven by geopolitical pressures such as US President Donald Trump's tariffs. However, a rebound occurred in autumn, with buoyant fairs like Frieze London and Art Basel Paris, and strong November auctions in New York totaling over USD 2 billion, carrying momentum to Art Basel Miami Beach. Key events included Gustav Klimt's *Portrait of Elisabeth Lederer* selling for USD 236.4 million at Sotheby's, a record for a Modern work, and a Frida Kahlo self-portrait setting a new record for a work by a woman. Meanwhile, several galleries closed, including Blum, Venus Over Manhattan, Clearing, Kasmin Gallery, Tilton Gallery, and Perrotin and Pace's Hong Kong outposts, while others expanded, such as Thaddaeus Ropac in Milan and Hauser & Wirth in Sicily.

The Art Market Year in Review

The art market experienced a turbulent 2025, beginning with a 12% decline in sales from 2024, following a 3% drop in 2023, as reported by the Art Basel and UBS Global Art Market Report. Major auction houses Christie’s, Sotheby’s, and Phillips saw average sales fall 6% in the first half of the year. However, the market rebounded by autumn, with strong sales at London and Paris art fairs and a 15% year-on-year increase in auction sales at the three main houses by December, according to Pi-eX. Key events included Sotheby’s failed sale of Alberto Giacometti’s *Grand tête mince* in May, followed by a record-breaking $236 million sale of Gustav Klimt’s *Portrait of Elisabeth Lederer* in November, and a $31.4 million record for François-Xavier Lalanne’s *Hippopotame Bar*.

New tech and old names drive sales at Art Basel Miami Beach

Art Basel Miami Beach (ABMB) saw strong sales and a cautiously optimistic mood, with Pace gallery reporting nearly $5 million in sales including a $1.1 million Sam Gilliam painting. The fair debuted a new digital art section, Zero 10, where a Beeple installation of robotic dogs excreting NFTs sold out within five hours for $1 million total, and generative art from Larva Labs sold for up to $45,000 each. However, the opening day crowd was thinner than in past years, and about 20 galleries did not return, replaced by a record 48 new exhibitors. Dealers noted a slower, quieter pace, with buyers more cautious than during the indulgent pre-pandemic era.

A time portal in 11 characters: On Kawara's "NOV. 27, 1984" sells for US$1.1m at Bonhams Hong Kong

On November 27, 2025, On Kawara's date painting "NOV. 27, 1984" from his Today series sold for HK$8.5 million (US$1.1 million) at Bonhams' Modern and Contemporary Art Sale in Hong Kong, becoming the top lot of the auction. The work, executed exactly 41 years earlier on November 27, 1984, features the date in white sans-serif lettering on a dark canvas and was acquired by a client represented by Bonhams specialist Ryo Wakabayashi, likely destined for a private collection in Japan.

Why Hong Kong is one of the greatest places in the world to buy art

Hong Kong has overtaken London to become the world's second-largest contemporary art auction market, according to ArtTactic. The city's commercial art scene is bolstered by outposts of top international galleries like Hauser & Wirth, Gagosian, Pace, and David Zwirner, as well as a successful annual Art Basel fair. Major auction houses including Sotheby's, Phillips, and Bonhams operate significant spaces there, with Sotheby's selling a Claude Monet for $65.5 million in Hong Kong in 2024. The city's art calendar peaks during March's Art Month, which hosts both Art Basel Hong Kong and Art Central.

Digital art is going mainstream

Digital art has achieved mainstream acceptance in the art world, ranking third in total spending among high-net-worth collectors after painting and sculpture, according to The Art Basel and UBS Survey of Global Collecting 2025. Over half of the 3,100 respondents purchased a digital artwork in 2024 or 2025, and the average share of digital art in collections rose from 3% in 2024 to 13% in 2025, signaling a maturation beyond the NFT boom of 2022. Art Basel is launching a new section called Zero 10 at Miami Beach 2025, featuring 12 exhibitors including AOTM, bitforms gallery, and Pace Gallery, with an interactive installation by Beeple. Major museums like MoMA, Tate Modern, and Centre Pompidou have hosted significant digital art exhibitions, further boosting collector confidence.

Art Collaboration Kyoto holds its most global edition yet

Art Collaboration Kyoto (ACK) opened its fifth edition at the Kyoto International Conference Center, running until 16 November. The fair, launched in 2021 to connect Japanese and international galleries, has grown to a record 72 exhibitors, half from overseas. Special exhibitions are staged at historic temples across Kyoto, including shows by Isabella Ducrot at Kousei-in, Carrie Yamaoka at Manshu-in, and Shio Kusaka with Jonas Wood at Ryosoku-in. Sales were strong on opening day, with galleries like KAYOKOYUKI, Kurimanzutto, Mendes Wood DM, and TARO NASU reporting brisk transactions.

Van Gogh’s ‘Sower’ will soon go on sale at Sotheby's—where it's set to make record price

Van Gogh's drawing 'Sower in a Wheatfield with setting Sun' (July 1888) will be auctioned at Sotheby's New York on 18 November with an estimate of $8m-$10m. The work, which belonged to the late cosmetics heir and collector Leonard Lauder, is expected to set a new auction record for a Van Gogh drawing if it exceeds the $8.8m achieved by 'La Mousmé' in 2021. The drawing was originally made for the artist Émile Bernard and later passed through notable hands including dealer Ambroise Vollard and critic Théodore Duret before entering the Lauder collection. It will be sold alongside 23 other major works from Lauder's collection, including three important Gustav Klimt paintings, in a sale expected to fetch over $400m.

Five Groundbreaking Postwar Women Artists Lead New York’s Fall Art Season

New York's fall art season features five major exhibitions dedicated to groundbreaking postwar women artists, timed with the November auctions. Shows include Louise Bourgeois at Hauser & Wirth, a Joan Mitchell focus at David Zwirner, and MoMA's long-awaited Ruth Asawa retrospective. The article cites the 2025 Art Basel and UBS Report showing women artist representation in galleries rose to 41% in 2024, with sales growth correlating to higher representation. Artnet data notes 13 women among the top 100 auction sellers in early 2025, up from 10 the prior year.

5 Must-See Comic Art Shows Lighting Up New York

New York Comic Con returns to the Javits Center from October 9–12, 2025, bringing a pop culture celebration of comics, toys, video games, and cosplay. This year's edition features a special panel by the Lucas Museum of Narrative Art, moderated by Martin Scorsese with artists JR, Boris Vallejo, and Julie Bell. Meanwhile, the late fantasy artist Frank Frazetta set a new record for comic art with a $13.5 million sale at Heritage Auctions. Beyond the convention, several exhibitions across the city highlight comic art, including "¡Wepa! Puerto Ricans in the World of Comics" at the New York Public Library and "Super Duper" at the Metropolitan Opera House, which features works by Art Spiegelman, George Condo, and Dana Schutz.

The story behind the Van Gogh still life that looks destined to become his most expensive Paris painting

Van Gogh's 'Parisian Novels' (November-December 1887) will be the leading lot in the Pritzker sale at Sotheby's, New York on 20 November, with an estimate of $40 million. The still life, depicting 22 books and three pink roses, has been consigned by the estate of Cindy Pritzker, who died in March at age 101. The painting was created during Van Gogh's time living with his brother Theo in Paris and was among the first three works publicly exhibited during his lifetime, at the Société des Artistes Indépendants in March 1888. The Pritzker collection sale also includes 36 other works estimated at $120 million, featuring pieces by Paul Gauguin and Henri Matisse.

Despite new autumn slot, Tokyo Gendai remains a largely local affair

Tokyo Gendai held its third edition from September 11-14, 2025, in Yokohama, shifting from its original July slot to an early autumn date to attract more international dealers and collectors. The fair reported mixed sales amid a slow economy, with local Japanese collectors making up the vast majority of buyers. Notable sales were reported by Pace Gallery, while other galleries like Anomaly noted a slower start but eventual sales. The fair also featured a new partnership with Art Busan, bringing Korean and Chinese galleries with subsidized booth fees.

Despite external chaos, Frieze Seoul soldiers on

The fourth edition of Frieze Seoul (3-6 September) took place alongside the Korea International Art Fair (Kiaf) at the Coex convention centre in Gangnam, amid economic concerns and a slower art market. Despite a modest 0.8% expected growth in South Korea's economy and fewer Western exhibitors, the fair saw strong institutional attendance, including curators from M+, the Museum of Modern Art, and the San Francisco Asian Art Museum, as well as celebrity visitors like BTS members and Blackpink's Lisa. Galleries reported cautious but steady sales, with a notable presence of Asian collectors, particularly from Japan, and a Stand Prize awarded to Kohesi Initiatives for a politically charged booth by Timoteus Anggawan Kusno.

The Storm Hits the Art Market

The article reports on the severe downturn in the art market during the first half of 2025, focusing on the closure of New York-based Clearing gallery. Despite opting out of Art Basel to host an alternative exhibition in a rented villa to cut costs, the gallery could not survive its financial losses and announced bankruptcy in August. It is one of several prominent galleries—including Blum, Venus Over Manhattan, and Kasmin—that have closed amid falling sales, high overheads, and reduced collector spending.

Behind-the-scenes Beatles photographs shot by Paul McCartney to go on sale at Gagosian London

Gagosian London will present 'Rearview Mirror: Liverpool–London–Paris' from August 28 to October 4, showcasing behind-the-scenes photographs taken by Paul McCartney between December 1963 and February 1964. The images, remastered from long-lost negatives and contact sheets, capture pivotal moments in the Beatles' early fame, including their Paris residency at the Olympia Theatre and their appearance on BBC's Juke Box Jury. The prints are signed by McCartney, available in editions of six to ten, and priced between $20,000 and $85,000. The exhibition follows a larger presentation at Gagosian Beverly Hills earlier this year.

Big Galleries Are Racing to Sign Emerging Artists. It’s Changing Everything

Major blue-chip galleries like Gagosian, Hauser & Wirth, Pace, and White Cube are increasingly signing emerging artists earlier in their careers, bypassing the traditional trajectory where young artists would first develop with smaller galleries over many years. Examples include George Rouy joining Hauser & Wirth at age 30, Pam Evelyn joining Pace at 27, and Sasha Gordon joining David Zwirner in 2024. This shift comes amid a contracting art market where aggregate dealer sales fell 6% between 2023 and 2024, while smaller galleries with turnover under $250,000 saw sales grow 17%. Ultra-contemporary auction sales dropped 37.9% in the same period, signaling a cooling of speculative buying.

How did the only painting sold by Van Gogh in his lifetime end up in Russia?

The article explores the history and conservation of Vincent van Gogh's "The Red Vineyard," the only painting he is certain to have sold during his lifetime. Sold for 400 francs at a Brussels exhibition in March 1890, the work now resides at the Pushkin State Museum of Fine Arts in Moscow. A recent conservation project used modern scientific techniques to uncover new details about the painting's creation, including Van Gogh's use of paint straight from the tube, compositional changes, and the fading of chrome yellow pigments. The article also recounts the painting's origin during Van Gogh's time in Arles with Paul Gauguin and its journey to Russia.