Art News. Vasari Codex

trending_up market schedule Apr 24, 2025 visibility 18 link 9 artists, 2 galleries

Comment | Trims to Sotheby's African Modern and contemporary art department are just one unwelcome sign for this previously healthy market

Sotheby's has disbanded its dedicated African Modern and contemporary art department, a move that comes as auction sales in the category plummeted 45% in 2024 to $43.9 million, according to an ArtTactic report. The department, launched in 2016 with specialist Hannah O'Leary from Bonhams, was a major boost for the sector, but its small sales totals made it vulnerable during Sotheby's wider cost-cutting. O'Leary will now integrate African art into broader contemporary and Modern auctions, while other houses like Bonhams and Strauss continue to hold dedicated sales, focusing increasingly on 20th-century artists.

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museum exhibitions schedule Mar 18, 2026 visibility 33 link 2 artists

What to See During New York's Asia Art Week

Asia Week New York begins, bringing a concentrated series of exhibitions, auctions, and lectures across the city dedicated to the art and material culture of Asia and its diaspora. The ten-day event features highlights including a selling exhibition of Indian-American artist Zarina at Sotheby's, a showcase of Indian and Persian miniature paintings, a condensed survey of 250 years of Japanese woodblock prints, and a contemporary group show exploring Korean diasporic identity.

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trending_up market schedule Dec 12, 2025 visibility 18 link 3 artists

tiffany magnolia lamp sothebys sale 2728111

Sotheby's sold a Tiffany Studios Magnolia floor lamp for $4.4 million at its Dreaming in Glass auction in New York, making it the most expensive leaded lamp by the decorative arts studio ever sold at auction. The lamp, manufactured around 1910, features a patinated bronze stand and a 28-inch colored glass dome depicting magnolias, and was crafted by Agnes Northrop, Tiffany's star designer, rather than Clara Driscoll. The bidding battle lasted 10 minutes, surpassing the $3 million high estimate.

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trending_up market schedule Oct 27, 2025 visibility 10 link 3 artists

okada museum sells art founder legal bill sothebys 1234758869

Japan’s Okada Museum of Art is selling 125 works from its collection at Sotheby’s Hong Kong on November 22 to help its founder, Kazuo Okada, pay a $50 million legal bill. The bill stems from a long-running feud with casino magnate Steve Wynn, which began when the two co-founded Wynn Resorts in 2002 and later accused each other of improper payments. The collection includes Katsushika Hokusai’s iconic *The Great Wave Off the Coast of Kanagawa* (1830–32), a rare Qianlong “Eight Treasures” vase, and 16th-century screens by Kano Motonobu. Okada, an 83-year-old billionaire, lost a binding arbitration over the legal fees and must now sell the art.

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trending_up market schedule Oct 2, 2025 visibility 12 link 1 artist

sothebys sells york avenue hq weill cornell breuer move 1234755219

Sotheby's has sold its longtime New York headquarters at 1334 York Avenue to Weill Cornell Medicine, marking the final step in a major real estate transformation. The auction house will lease back floors 7–10 under a long-term lease while relocating its global headquarters to the Breuer Building at 945 Madison Avenue, which opens November 8 with a blockbuster exhibition. Sotheby's also acquired Gantry Point, a 240,000-square-foot complex in Long Island City, in 2023. CEO Charles Stewart stated the sale proceeds will reduce debt and invest in core business.

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trending_up market schedule Sep 11, 2025 visibility 11 link 2 artists

christies sothebys auction houses luxury fashion art 1234749341

Auction houses Christie's, Sotheby's, and Phillips are increasingly relying on luxury goods—such as handbags, jewelry, wine, and whiskey—to offset a sharp decline in fine art sales. Fine art sales at these houses fell 44% in the first half of 2025 compared to 2022, creating a roughly $3 billion gap. Luxury sales have surged to a 20.2% market share by value in 2025, with Christie's reporting a 30% rise in luxury sales to $468 million in the first half of 2025, and Sotheby's luxury sales topping $2 billion for three consecutive years. Notable sales include a record $10 million Hermès Birkin bag and a $72 million jewelry auction in Geneva.

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trending_up market schedule Jul 22, 2025 visibility 15 link 2 artists

juvenile ceratosaur dinosaur fossil sothebys auction record 1234747766

A juvenile Ceratosaurus dinosaur fossil sold for $30.5 million at Sotheby’s natural history sale on July 16, far exceeding its high estimate of $6 million. The auction featured a six-minute bidding war among six bidders, making it the third-highest price ever for a dinosaur at auction. Other top lots included a Martian meteorite that sold for $5.3 million, a Pachycephalosaurus skull, and a Tyrannosaurus Rex foot, each fetching $1.758 million. All four top lots accepted cryptocurrency payments.

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trending_up market schedule Jul 16, 2025 visibility 11 link 4 artists

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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gavel restitution schedule May 14, 2025 visibility 11 link 2 artists

buddha gems sothebys controversy 2639684

Sotheby's has postponed the auction of the Piprahwa Gems of the Historical Buddha, a collection of over 300 ancient gemstones and metal sheets linked to the Buddha, after criticism from academics, Buddhist leaders, and India's Ministry of Culture. The gems, discovered in 1898 by colonial engineer William Claxton Peppé in Uttar Pradesh, India, were set to be sold by his descendants in Hong Kong on May 7, with bidding starting at HK$10 million ($1.3 million). The auction house stated it is now in discussions with the Indian government to find a resolution.

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article culture schedule Apr 20, 2026 visibility 12 link 6 artists

food marcel sothebys restaurant roman williams

Marcel, a new restaurant, opened on April 17 in the lower level of Sotheby’s new home at the Marcel Breuer building on the Upper East Side. Designed by Roman and Williams in partnership with the auction house, the space features walnut-paneled walls, an open kitchen, and a pâtisserie. Chef Marie-Aude Rose, who also oversees La Mercerie downtown, created a “continental” menu rooted in French technique but influenced by Breuer’s Hungarian heritage, with dishes like chicken paprikash and lobster bisque with turmeric and ginger. The wine list comes from Sotheby’s own collection, allowing guests to purchase bottles they enjoy during their meal.

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trending_up market schedule Sep 9, 2025 visibility 14 link 7 artists

food daniel humm eleven madison park sothebys

Daniel Humm, the chef behind Eleven Madison Park, has curated a selection of artworks for Sotheby's Contemporary Curated sale, drawing parallels between composing a meal and assembling an exhibition. In an interview with CULTURED, Humm discusses his approach, which was influenced by a transformative encounter with Claude Monet's Water Lilies at the Musée de l'Orangerie in Paris, and his selections include works by Roni Horn, Alex Katz, Keith Haring, and Sarah Crowner.

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trending_up market schedule Mar 6, 2026 visibility 24 link 7 artists

by the numbers sothebys london march 2026 2751039

Sotheby’s London Modern and Contemporary evening sale in March 2026 achieved a robust £130.6 million ($175 million), marking a significant 108.6 percent increase over the previous year's equivalent auction. The event was a "white glove" sale, with all 53 offered lots finding buyers, led by a Francis Bacon self-portrait that fetched £16 million. A notable highlight was a record-breaking £5.2 million sale for Leon Kossoff’s "Children’s Swimming Pool," which sparked a competitive ten-buyer bidding war.

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trending_up market schedule Feb 2, 2026 visibility 23 link 10 artists

sothebys second sale saudi arabia results 1234771783

Sotheby's second auction in Saudi Arabia, titled 'Origins II,' achieved a strong result of $19.6 million, surpassing its presale estimate. The sale of 61 lots was bolstered by a new auction record for a Saudi artist and a significant increase in the value and volume of works by Saudi artists sold compared to the house's inaugural sale in the country last year.

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article news schedule Jan 30, 2026 visibility 12 link 4 artists

gene hackman santa fe home sale 2738652

The Santa Fe home of the late actor Gene Hackman and his wife Betsy Arakawa has been listed for sale at $6.25 million. The 13,000-square-foot hilltop compound, designed by architect Ed Boniface, includes a main residence, guesthouse, and a studio where Hackman painted, all set within a gated community with expansive mountain views.

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trending_up market schedule Jan 1, 2026 visibility 11 link 4 artists

sothebys to unveil 1 b of art and luxury goods during abu dhabi collectors week in december 1234762692

Sotheby's announced that $1 billion worth of fine art and luxury goods will be unveiled during Abu Dhabi Collectors' Week, running from December 2 to 5. The event includes non-selling exhibitions of high-value artworks, such as a Rembrandt drawing and Gustav Klimt's 'Dame mit Fächer,' while luxury items like McLaren racing cars, a Jane Birkin handbag, diamonds, and real estate will be offered at auction or privately, with over $150 million going to auction and $100 million in private sales.

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trending_up market schedule Dec 26, 2025 visibility 19 link 10 artists

sothebys saudi arabian auction 2026 2733794

Sotheby's will hold its second auction in Saudi Arabia on January 31, 2026, following a successful inaugural sale in Diriyah in February 2024 that netted $17.3 million. The upcoming sale, titled "Origins," features over 70 works by established Saudi Arabian and Middle Eastern artists alongside international names, with top lots including a Pablo Picasso painting estimated at $2–3 million and works by Jean Dubuffet, Roy Lichtenstein, and Andy Warhol. The auction aims to build on lessons from the first sale, which revealed strong demand across price points and generational diversity among buyers.

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trending_up market schedule Dec 23, 2025 visibility 17 link 5 artists

sothebys saudi arabia second auction art luxury 1234768014

Sotheby's will hold its second auction in Saudi Arabia, titled "Origins II," on January 31 in Diriyah, following its first auction in the kingdom in February 2024. The inaugural sale, also called "Origins," achieved $17.3 million within pre-sale estimates but had a 65.8% sell-through rate, with 40 of 117 lots unsold, particularly jewelry and handbags. The upcoming auction will focus exclusively on fine art, featuring over 70 works by international and Middle Eastern artists, including Anish Kapoor, Andy Warhol, Mohammed Al Saleem, Mahmoud Sabri, and Samia Halaby. The sale is scheduled just before the inaugural Art Basel Qatar.

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trending_up market schedule Dec 10, 2025 visibility 32 link 9 artists

lalanne hippopotame bar 31m sothebys record 1234766082

François-Xavier Lalanne’s copper sculpture-bar 'Hippopotame Bar' sold for $31.4 million at Sotheby’s in New York, more than tripling its $7–10 million estimate after a 26-minute bidding war among seven bidders. The work, commissioned in 1976 by patron Anne Schlumberger and unique in its copper execution, set a new auction record for the artist and became the most expensive work of design ever sold at auction. The sale capped a year of strong performance for Lalanne’s hybrid animal-furniture works, which have consistently outperformed expectations even in a tougher art market.

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trending_up market schedule Nov 29, 2025 visibility 11 link 7 artists

sothebys london lifts lid on its old master and 19th century evening sale with half of works unseen for a century 1234764098

Sotheby's London has announced the full lineup for its Old Master and 19th century evening sale on December 3, featuring 31 works defined by exceptional scholarly significance and rare discoveries. Half of the lots have been hidden from public view for over a century, and 12 have not appeared on the secondary market in 40 years. Top lots include Hans Eworth's portrait of Thomas Howard (estimate £3 million), Pieter Brueghel the Younger's The Census at Bethlehem (£5 million), a rediscovered Peter Paul Rubens oil sketch (£3 million), and a Rembrandt portrait of Saint John on Patmos (£7 million). The sale also includes works from the collection of Dr Hinrich Bischoff, such as Lucas van Valckenborch's Autumn: Landscape with Archduke Matthias of Austria (£800,000).

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trending_up market schedule Nov 26, 2025 visibility 12 link 2 artists

collector sues sothebys modigliani authenticity 2719506

Collector Charles Cahn has filed a lawsuit against Sotheby’s in New York Supreme Court, alleging the auction house reneged on a buy-back agreement made in 2016 regarding a Modigliani portrait he purchased in 2003. Cahn paid $1.55 million for *Portrait de Leopold Zborowski* at a Sotheby’s Impressionist and modern sale, and later agreed to consign the work back to Sotheby’s if he sold it within 15 years, with the house guaranteeing the greater of the original price plus 2.5% annual compound interest or the future sale price, and waiving vendor fees. However, Cahn claims that in April 2016, Sotheby’s own appraisal questioned the painting’s authenticity, stating it failed certain criteria and would have no sale value in the international art market. Despite Cahn’s letters in June and September 2024, Sotheby’s has not responded, leading to the breach-of-contract claim seeking at least $2.7 million in damages.

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trending_up market schedule Nov 25, 2025 visibility 10 link 9 artists

sothebys modern sales by the numbers 2717820

Sotheby's three-part modern art evening auction in New York on Thursday night achieved a total of $304.6 million, a dramatic increase from the $93.1 million equivalent sale last year. The sale featured 69 lots, with three withdrawn and none bought in, resulting in a 95% sell-through rate. Top lots included Vincent van Gogh's still life "Piles de romans parisiens et roses dans une verre" (1887), which sold for $62.7 million with premium to private advisor Patti Wong, and a work by Frida Kahlo. Third-party guarantees covered 55% of the presale low estimate, but bidding remained competitive throughout.

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trending_up market schedule Nov 21, 2025 visibility 10 link 3 artists

collector sues sothebys modigliani painting authenticity 1234762782

Collector Charles C. Cahn, Jr. has filed a lawsuit against Sotheby’s in the Supreme Court of the State of New York, alleging the auction house refuses to resell a painting attributed to Amedeo Modigliani that he purchased in 2003 for $1.55 million. The work, titled *Portrait de Leopold Zborowski* (1917), was consigned under a 2016 agreement allowing Cahn to resell it within 15 years, but Cahn claims Sotheby’s raised authenticity concerns and failed to respond to his recent attempts to consign the piece. He is seeking $2.67 million in damages.

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trending_up market schedule Nov 21, 2025 visibility 20 link 17 artists

sothebys surrealism modern auction november 2025 new york 1234762778

On Thursday night, Sotheby’s concluded a week of evening sales with a three-part modern art auction that achieved $304.6 million, far exceeding its pre-sale estimate of $211.3–$289.3 million. The evening featured 13 works from the collection of Cindy and Jay Pritzker, which sold for $109.5 million, followed by the 'Exquisite Corpus' Surrealist sale from Selma Ertegun’s collection totaling $98 million, and a multiple-owner modern art auction that brought in $97 million. The standout was Frida Kahlo’s self-portrait *El sueño (La cama)* (1940), which sold for $55 million, setting records for Kahlo, a Latin American artist, and a female artist at auction. Vincent van Gogh’s *Piles de romans parisiens et roses dans une verre (Romans parisiens)* (1887) achieved $62.7 million after a seven-minute bidding war.

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trending_up market schedule Oct 28, 2025 visibility 11 link 1 artist

salvador dali necklace sea sothebys surrealism sale 1234759258

A Salvador Dalí-designed necklace, the Swirling Sea Necklace, sold for €736,600 ($858,500) at Sotheby's 'Surrealism and Its Legacy' auction on October 24, doubling its pre-sale estimate. The 18-karat gold piece, inlaid with diamonds, a cultured pearl, and sapphire and emerald beads, was conceived by Dalí in 1954 and first owned by São Schlumberger, a frequent patron of the artist. The necklace had previously sold at Sotheby's in 2014 for $665,000 to Anne Schlumberger, who died in April, prompting its return to auction.

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trending_up market schedule Oct 28, 2025 visibility 13 link 7 artists

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.

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trending_up market schedule Oct 16, 2025 visibility 29 link 15 artists

phillips london evening sale frieze results 1234757669

Phillips’s Frieze Week evening sale in London totaled £10.33 million ($13.88 million) across 22 lots, a 32% decline from last year’s £15.1 million on 31 lots. The sale was 82% sold by lot and 84% by value. Highlights included a new world auction record for Emma McIntyre, whose painting *Seven Types of Ambiguity* (2021) sold for £167,700, and strong results for Martha Jungwirth and Flora Yukhnovich. However, major lots by Banksy, Andy Warhol, and Jean-Michel Basquiat underperformed or failed to sell, and four lots went unsold, including works by Andreas Gursky and Sigmar Polke.

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trending_up market schedule Sep 22, 2025 visibility 17 link 12 artists

frida kahlo auction record broken sothebys el sueno la cama 1234752891

Sotheby's announced the consignment of Frida Kahlo's 1940 self-portrait *El sueño (La cama)*, estimated at $40–60 million, for a November 2025 single-owner sale titled "Exquisite Corpus." The work is expected to break Kahlo's auction record of $34.9 million set in 2021 and potentially surpass the $44.4 million record for a woman artist held by Georgia O'Keeffe. The painting depicts Kahlo lying on a floating bed with a skeleton above, created during a turbulent period following Leon Trotsky's assassination and her divorce from Diego Rivera.

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trending_up market schedule Aug 18, 2025 visibility 10 link 3 artists

sothebys van halen guitar grails week 1234749497

Sotheby’s will auction Eddie Van Halen’s custom-built 1982 Kramer guitar, estimated at $2–3 million, as the centerpiece of its inaugural “Grails Week” in New York this October. The instrument, unseen for over 40 years, was played on tour, later owned by Mötley Crüe’s Mick Mars, and features Van Halen’s iconic red, black, and white striped design. The week-long sales series will also include Bob Dylan lyrics, Rolling Stones album artwork, and a Beatles cymbal.

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trending_up market schedule Jun 25, 2025 visibility 11 link 6 artists

art lending hong kong real estate sothebys 1234746125

A high-profile Hong Kong real estate family, the Parkview group, explored an art-backed loan with Sotheby’s earlier this year, offering over 200 works by artists including Andy Warhol, Pablo Picasso, Salvador Dalí, Yue Minjun, Qi Baishi, and Zao Wou-Ki. The deal collapsed due to logistical challenges around transporting and warehousing the large collection at Sotheby’s facilities. Parkview clarified that no agreement was reached and no loan is expected, while Sotheby’s did not comment.

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trending_up market schedule Jun 17, 2025 visibility 10 link 3 artists

sothebys picasso ceramics 313160

Sotheby's London held a 'white glove' sale of 126 one-of-a-kind ceramics by Pablo Picasso, all from the collection of his granddaughter Marina Picasso. The auction achieved a 100% sell-through rate, generating £12.3 million ($19.4 million), with the top lot—a painted goat-shaped vase titled *Cabri* (circa 1947)—selling for £485,000, nearly quadrupling its estimate.

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