Vasari Art Codex

article news schedule Jul 24, 2025 visibility 1 link 3 artists, 1 gallery

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A US appeals court overturned an $8.8 million judgement against artist Ryder Ripps and his business partner Jeremy Cahen, who were previously ordered to pay Yuga Labs, creator of the Bored Ape Yacht Club (BAYC) NFTs, for creating copycat NFTs. The 9th US Circuit Court of Appeals ruled on July 23 that Yuga Labs had not sufficiently proven that Ripps and Cahen's tokens would confuse buyers. The case, originally filed in June 2022, alleged trademark infringement, false advertising, and cybersquatting. Ripps and Cahen argued their works were satirical appropriation art, while Yuga Labs denied claims of racism tied to the BAYC imagery. The ruling sends the case back to federal court for a trial on trademark and cybersquatting claims.

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trending_up market schedule Jul 22, 2025 visibility 1 link 5 artists, 1 gallery

ronald perelmans 410m trial finally begins 1234747916

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.

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article news schedule Jul 18, 2025 visibility 2 link 3 artists, 2 galleries

tasmania art park darth vader lightsaber morning links 1234747742

The article covers several art market stories, including Melanie Gerlis's Financial Times piece on the big three auction houses increasingly relying on luxury sales amid a market downturn, with no clear solutions in sight. It also reports that the ADAA canceled its Art Show fair, citing a 'strategic pause' to reassess support for members in an evolving landscape. Additionally, the article details a controversy in Tasmania where a planned A$64.6 million art park at Macquarie Point, backed by Mona and aimed at addressing Aboriginal genocide, was scrapped in favor of a 23,000-seat AFL stadium. Finally, it notes that Darth Vader's lightsaber from Star Wars is heading to auction via Propstore, estimated at $1–3 million.

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trending_up market schedule Jul 16, 2025 visibility 1 link 3 artists, 2 galleries

unique juvenile dinosaur sothebys 2659142

A rare juvenile Ceratosaurus fossil sold for $30.5 million at Sotheby's New York, far exceeding its $6 million presale estimate after a six-minute bidding war. The 154-159 million-year-old specimen, discovered in 1996 at Wyoming's Bone Cabin Quarry, contains 139 original bone elements and stands over 6 feet tall. Sotheby's stated the buyer plans to loan the fossil to an institution.

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museum exhibitions schedule Jul 8, 2025 link 2 artists

mschfs king solomons baby at pioneer 1234747049

MSCHF, the Brooklyn-based art collective known for viral stunts like the Big Red Boot and a Damien Hirst dot-selling ATM, has unveiled a new participatory sculpture titled *King Solomon's Baby* (2025). The work is a large-scale polystyrene foam and paint sculpture that will be progressively dismembered and sold in thin slices as more buyers join. Priced at $100,000 for a single buyer, the cost drops as more participants purchase shares, down to $100 each if 1,000 people buy in. Sales open July 10 at Pioneer Works in Brooklyn, with the fully deconstructed work on view July 13.

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article news schedule Jul 4, 2025 link 7 artists, 2 galleries

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Mitch and Emily Rales, the billionaire founders of the Glenstone Foundation and its private museum in Potomac, Maryland, are divorcing. The foundation, established in 2006, holds net assets of $4.6 billion and an endowment rivaling that of the Metropolitan Museum of Art. The article revisits longstanding criticisms of private art museums, including Glenstone, arguing they function as tax shelters, social climbing tools, and competitors to public institutions. It notes Glenstone's restrictive policies—appointment-only access, a ban on visitors under 12, and a prohibition on gum chewing—and references past unionization efforts by its workers.

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article news schedule Jul 3, 2025 link 16 artists, 5 galleries

Pennsylvania college moves to sell its entire art collection amid $20m budget shortfall

Albright College, a liberal arts institution in Reading, Pennsylvania, is selling its entire art collection of mostly works on paper to address a $20 million budget shortfall. The online-only sale, held on July 16 at Pook & Pook auction house, includes 524 lots featuring works by artists such as Karel Appel, Romare Bearden, Jasper Johns, Jacob Lawrence, and Bridget Riley. College administrators, including vice-president James Gaddy, describe the collection as "not core to our mission" and estimate the consigned pieces are worth $200,000, while the cost of maintaining the gallery and collection exceeds $500,000 annually. The sale is part of broader cost-cutting measures that have already included laying off 53 employees and selling non-contiguous properties.

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