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christies kawamura memorial dic museum art monet renoir

Christie’s has been consigned to sell works from the collection of the Kawamura Memorial DIC Museum of Art, including pieces by Claude Monet, Pierre-Auguste Renoir, Marc Chagall, Henri Matisse, and Henry Moore, as part of its fall marquee auctions. A top highlight is Monet’s oil painting *Nymphéas* (1907) with a low estimate of $40 million. The museum, located in Sakura, Japan, and owned by the DIC Corporation, decided last December to downsize and relocate, selling 75 percent of its 384 artworks valued at $77.5 million. The sale includes eight works in Christie’s 20th Century Evening Sale in November, with additional pieces in day sales for Impressionist and Modern Art as well as Post-War and Contemporary Art.

josh baer collectors emerging artists prices first works

Art adviser and Baer Faxt founder Josh Baer has proposed specific price limits for works by "ultra-emerging" artists—those fresh out of school, such as an MFA graduate from Yale. In his No Reserve newsletter, Baer advises collectors to pay no more than $15,000 for a large work and $5,000 for a small piece at a first solo show in a reputable gallery. The advice comes amid ongoing debate about inflated prices for young artists, following a column by Artnet News editor-in-chief Naomi Rea that questioned the market's pricing logic. LA gallerist Charlie James endorsed Baer's thresholds, though some collectors argue that pricing cannot be so neatly codified.

max carter christies chairman 20th and 21st century art americas

Christie’s has appointed Max Carter as chairman of 20th and 21st Century art for the Americas. Carter, a Canadian-American writer and art specialist who joined the auction house in 2007, previously led the Impressionist and modern art department in the Americas from 2017 to 2022. He has overseen major collection consignments from Anne Bass, Paul Allen, S.I. Newhouse, Mica Ertegun, Robert F. Weis and Patricia G. Ross Weis, and Elaine Wynn, and has achieved record prices for artists like Ed Ruscha and Henri Rousseau. Carter will report to Christie’s global president and succeeds in the role as the auction house prepares for its marquee November sales in New York.

lost jesus painting peter paul rubens paris mansion osenat

A long-lost painting of Jesus Christ's crucifixion by 17th-century Flemish master Peter Paul Rubens, titled *Christ on the Cross* (1613), was discovered in a Parisian mansion by auctioneer Jean-Pierre Osenat last September. The large Baroque work, measuring 42 by 29 inches, was authenticated by German curator and art historian Nils Buttner, chairman of the Centrum Rubenianum, through X-ray imaging and pigment analysis. It will be auctioned by Osenat's auction house in Fontainebleau on November 30, with no estimate yet released.

mahmoud khalil nan goldin market tanked palestine activism

Artist Nan Goldin and Palestinian activist Mahmoud Khalil discussed Khalil's 104-day ICE detention, the 'Palestine Exception' to free speech, and the backlash faced by pro-Palestinian activists in a conversation published in Dazed magazine. Khalil was arrested in March 2024 after serving as a negotiator during Columbia University protests, with the Trump administration alleging he undermined foreign policy and later claiming he failed to disclose information on his green card application. Goldin compared her own experience leading the activist group PAIN, which successfully pressured museums to cut ties with the Sackler family over the opioid crisis, noting that pro-Palestinian activism has faced far greater criminal and professional repercussions.

art market minute jul 28

Artnet News reports that AI-generated artworks are achieving record prices at art fairs and auction houses, with increasing presence in major exhibitions like the Digital Art Mile during Art Basel and a dedicated AI art auction at Christie's. The article features commentary from Artnet's European news reporter Jo Lawson-Tancred, who discusses how artificial intelligence is transforming both the market and business practices in the art world, while noting lingering concerns about market readiness and ethics.

art market mugrabi nahmad kenny schachter

Kenny Schachter critiques the art market's doomsaying media narrative, coining the acronym Salsa (Scribes Always Love Sensational Apocalypse) to describe clickbait-driven hype. He contrasts current market anxieties with past downturns, notably the 1991-1996 recession when the market evaporated, citing a 1991 Roberta Smith article. Schachter observes that the Nahmads and Mugrabis, once feuding families, now invest together, and he recounts his experience at Phillips during his "Hoarder 6" exhibition, where young collectors showed genuine interest. He argues that the market, though wounded, remains healthy and calls for a less transactional, more patient approach to selling art.

taipei dangdai nixes 2026 edition

Taipei Dangdai Art and Ideas, the annual art fair in Taiwan's capital, will not hold its 2026 edition as organizers pause to conduct a strategic evaluation of the fair's model, timing, scale, and format. The decision follows a prolonged contraction in the art market and comes days after the Art Dealers Association of America canceled its long-running Art Show in New York. The fair, which first launched in 2019 and held its sixth edition in May, had seen its exhibitor numbers decline from over 90 to around 50 this year. Co-director Robin Peckham left after the 2025 edition, and the fair's parent organization, the Art Assembly, has removed material about previous editions from its website, with its Instagram account apparently disabled.

maripol sophie bramly joopiter marketplace sale

Maripol, the French-born photographer who documented downtown New York's 1980s cultural scene, is selling selections from her archive through Joopiter's Marketplace platform in a sale titled "Downtown Archive: '80s – '90s New York." The sale includes her Polaroid portraits of icons like Jean-Michel Basquiat, Madonna, Grace Jones, Debbie Harry, and Andy Warhol, as well as ephemera such as an invitation to Fiorucci's 15th anniversary party at Studio 54. Also featured are artifacts from Sophie Bramly, creator of "Yo! MTV Raps," including her custom bomber jacket and photographs of hip-hop pioneers like Kool Herc, Run-DMC, and Keith Haring. The sale is rounded out with vintage designer fashions from Chanel, Thierry Mugler, Bob Mackie, and Donna Karan, curated by retailer Vintage Grace.

why no one trusts art prices anymore

Artnet News editor-in-chief Naomi Rea joins Kate Brown on The Art Angle podcast to discuss the unraveling of traditional art pricing logic. The art market has cooled beyond a typical downturn, entering what Rea calls a "danger zone" where dealers and advisors are quietly recalibrating as speculation dries up and confidence wanes. The episode examines how pricing mechanisms that once held the market together have broken down, affecting everyone from mega-galleries to emerging dealers.

top auction results june 2025

The summer 2025 auction season concluded with total sales of $85.7 million, a significant drop from $105 million the previous year. The top lot, François-Xavier Lalanne's *Grand Rhinocrétaire II* (2003), sold for $16.42 million at Sotheby’s New York, far below last June’s $29 million top price. Other notable results include Tamara de Lempicka’s *La Belle Rafaëla* (1927) at $10.18 million, two Jean-Michel Basquiat works, and a strong showing by Jacek Malczewski’s *Reality* (1908) at Desa Unicum in Warsaw.

simon de pury artnet hans neuendorf

Simon de Pury pays homage to Hans Neuendorf, the visionary founder of Artnet, following the announcement of Artnet's sale at the end of May. De Pury recounts Neuendorf's background as a successful art dealer who championed underappreciated artists like Francis Picabia, and describes how Neuendorf revolutionized the art world by creating the world's most comprehensive auction results database in 1989 (initially called Centrox). The article contrasts the pre-digital era of manually filing auction results with the instant access Artnet now provides, and notes that Neuendorf later expanded the platform with Artnet News and Artnet online auctions.

man ray rediscovered

A rediscovered watercolor sketch by Man Ray, created in 1913 when he was in his early twenties, has resurfaced after decades in an attic and sold for £18,000 ($24,000) at Dreweatts auction house in Newbury, England, on July 10. The work, titled *Nude Playing Musical Instrument [Study for “Tapestry Painting”]*, is a preparatory study for a lost larger oil-on-linen tapestry and offers rare insight into the artist's pivotal transition from traditional painting to avant-garde experimentation inspired by European modernism encountered at the 1913 Armory Show.

art lending hong kong real estate sothebys

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.

no artists arent the winners of the new gilded age

The article critiques the current art market frenzy in New York, where fairs and auctions dominate the scene, and argues that the relationship between art and money is being misrepresented in mainstream media. It cites recent op-eds by David Brooks, Tyler Cowen, and Matthew Yglesias, who suggest that wealth inequality benefits artists by boosting the financial returns of fine art. The author counters that these commentators conflate the art market with artists' livelihoods, ignoring the precarious reality most artists face.

art market minute jun 23

Art Basel 2026 confirmed that the global art market remains a buyer's market, with sales occurring across various price brackets. A new generation of collectors is emerging, driven by curiosity, community, and long-term engagement rather than speculation. Meanwhile, former Sotheby's executive Adam Chinn has quietly built the art lending firm International Art Finance, backed by the Nahmad family.

david lynch collection auction

A collection of 450 objects owned by the late filmmaker David Lynch was auctioned by Julien's Auctions, achieving a white-glove sale totaling $4.25 million. The top lot was a group of scripts from Lynch's unrealized film project *Ronnie Rocket: The Absurd Mystery of the Strange Forces of Existence*, which sold for $195,000. Other notable sales included scripts for *Mulholland Drive* ($104,000), *Twin Peaks* pilot ($91,000), and *Twin Peaks: Fire Walk with Me* ($78,000), as well as Lynch's director chair ($91,000), a personal 35mm print of *Eraserhead* ($52,000), and his La Marzocco espresso machine ($45,500).

sothebys picasso ceramics

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.

graham gund architect art collector dead

Graham Gund, an architect and prominent art collector, died on June 6 at age 84. With his wife Ann, he built a significant contemporary art collection featuring works by Pablo Picasso, Kenneth Noland, Kiki Smith, Christo and Jeanne-Claude, and Richard Serra. Gund designed and funded the Gund Gallery at Kenyon College, his alma mater, and was a longtime patron of the Museum of Fine Arts Boston, where a gallery and the directorship endowment bear his name. He appeared multiple times on the ARTnews Top 200 Collectors list.

francois xavier lalanne rhinoceros bar sothebys

Sotheby's design sale in New York achieved the second highest auction price ever for a work by French artist François-Xavier Lalanne, with his monumental sculpture desk *Grand Rhinocrétaire II* (1964) selling for $16.4 million—more than triple its $5 million high estimate. The piece, which opens into a fully functional writing desk, sparked a 13-minute bidding battle. Just weeks earlier, another Lalanne work, *Bar aux Autruches* (1967–68), sold for €11.1 million at Sotheby's Paris. The all-time record for Lalanne remains $19.4 million for *Rhinocrétaire I*, sold at Christie's Paris in 2023.

collectors igor and mojca lah open contemporary art museum slovenian mountains

Collectors and philanthropists Igor and Mojca Lah are opening a new contemporary art museum called Muzej Lah in Bled, Slovenia, set to debut next year. Designed by David Chipperfield Architects, the 55,000-square-foot museum will be built into a hillside beneath Bled Castle and will house the Fundacija Lah art collection of around 800 works, including pieces by Joseph Beuys, Anselm Kiefer, William Kentridge, Anne Imhof, and Theaster Gates, many never before publicly displayed.

lost gustav klimt portrait african prince tefaf maastricht

A long-lost Gustav Klimt portrait of an African prince, missing since World War II, has resurfaced and is now on view at TEFAF Maastricht with a €15 million ($16.4 million) price tag. The painting, titled *Prince William Nii Nortey Dowuona* (1897), was brought to W&K – Wienerroither & Kohlbacher Gallery in 2023 in poor condition, but a stamp from Klimt's estate led to its identification by catalog raisonné author Alfred Weidinger, who had searched for it for two decades. The work depicts an Osu prince from present-day Ghana, created after Klimt attended an ethnographic exhibition at Vienna's Tiergarten am Schüttel where Osu people were put on display. The painting had been owned by Ernestine and Felix Klein, Jewish collectors who fled the Nazis, and is now being shown after a restitution settlement with Klein's heirs.

armando marrocco robilant voena

Artnet News spotlights Italian artist Armando Marrocco (b. 1939), whose early career was shaped by Lucio Fontana. After moving to Milan in 1962, Marrocco developed his "Intrecci" series—vibrant monochromatic enamel-on-cardboard works that layer and weave humble materials into substantial objects. The exhibition "Marrocco Twist" at Robilant and Voena in Paris showcases these earliest works, on view through July 22.

mari claudia jimenez art law and advisory withers

Mari-Claudia Jiménez, a prominent figure in the international art market and former chairman and president of the Americas at Sotheby's, has joined global law firm Withers to launch Withers Art and Advisory, a hybrid legal-art advisory practice based in New York. The new venture will provide collectors, estates, and institutions with integrated market advice and legal counsel on acquiring and holding art, combining real-time market insight with transactional legal expertise. Jiménez, a barred attorney, has overseen landmark deals including the restitution and sale of five Kazimir Malevich paintings, the $106.5 million sale of Picasso's *Nude, Green Leaves and Bust*, and the record-breaking $922 million Macklowe collection auction.

art basel qatar

Art Basel is expanding to the Middle East with a new fair in Doha, Qatar, set to launch in February 2026. The inaugural edition will feature around 50 galleries from local and international scenes, held across two venues: M7 and the Doha Design District. The fair is a partnership between Art Basel, Qatar Sports Investments (QSI), and QC+, a cultural commerce collective under Qatar Museums. A new artistic director will be announced soon, and the fair aims to scale up over time, with additional art activations in outdoor spaces like Msheireb Museums and Barahat Msheireb square.

at christies 13 6 million marlene dumas painting sets new record for living female artist at auction

Christie's 21st-century evening sale in New York on Wednesday night totaled $96.5 million, surpassing last year's $80.3 million, though the auction was characterized by caution, few fireworks, and a reduced number of lots. The headline event was Marlene Dumas's painting *Miss January* (1997) selling for $13.6 million with premium, setting a new auction record for a living female artist. The work, estimated at $12–18 million, was guaranteed and sold to a client bidding through Christie's deputy chairman Sara Friedlander; Miami collectors Don and Mera Rubell were the consignors. Other notable results included new records for Simone Leigh, Emma McIntyre, and Louis Fratino, while the top lot was Jean-Michel Basquiat's *Baby Boom* (1982) at $23.4 million. Four of 43 lots were withdrawn, and several works failed to sell, including an Ellsworth Kelly canvas with a $2 million low estimate.

frank lloyd wright lamp sothebys auction

A rare Frank Lloyd Wright lamp, the Double-Pedestal lamp, sold at Sotheby’s Modern Evening Auction on May 13 for $7.5 million, far exceeding its $3–5 million estimate after an 11-minute bidding war. Designed in 1902 for the Susan Lawrence Dana House in Springfield, Illinois, the lamp is one of only two surviving examples; the other remains in the house’s collection. The sale set a new auction record for a Wright work, surpassing the previous high of $2.9 million for a 1902 ceiling light sold in 2023.

giacometti bust fails to sell at sothebys may 2025 sale

A 1955 bronze bust by Alberto Giacometti, estimated at $70 million, failed to sell at Sotheby's modern evening auction in New York on May 13, 2025. The sculpture, from the estate of real estate magnate Sheldon Solow, was offered without a guarantee and bidding reached $64 million before the lot was pulled after four minutes, likely because the reserve price was set above that amount. Auctioneer Oliver Barker presided over the sale, which Sotheby's CEO Charles Stewart described as an organic auction moment despite the lack of a sale.

conductor art fair brooklyn powerhouse global majority artists

A new art fair called Conductor, backed by Powerhouse Arts, will debut in 2026 with a mission to center artists and galleries from the Global Majority—communities from Africa, Latin America, the Caribbean, Southeast Asia, the Middle East, Oceania, and Indigenous Nations. A curated invitational preview runs May 7–11, 2025, at Powerhouse Arts' Gowanus space, featuring artists including Amanda Phingbodhipakkiya, Khaled Jarrar, Modupeola Fadugba, and the Brazilian collective MAHKU. The fair aims to reduce barriers by focusing on young galleries and individual artists, and by fabricating work onsite to avoid shipping and customs costs.

Exhibition explores revolutionary artists the Scottish Colourists in a new light

A major exhibition opening at The Arc Gallery in Winchester places the Scottish Colourists—SJ Peploe, JD Fergusson, GL Hunter, and FCB Cadell—in dialogue with their European and UK contemporaries for the first time. Running until September, the show features 70 artworks including André Derain's *The Pool of London* (1906) on loan from the Tate, alongside works by Vanessa Bell, Duncan Grant, Walter Sickert, Augustus John, and Roderic O'Connor. The exhibition is presented by Hampshire Cultural Trust in partnership with the Fleming Collection and explores the international "colour revolution" from 1905 to 1914, examining influences of Cubism and Vorticism.