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10 top lots auction 2025

Gustav Klimt's portrait of Elisabeth Lederer topped the list of the most expensive artworks sold at auction in 2025, achieving $236.3 million at Sotheby's New York on November 18—far exceeding its $150 million estimate and setting a new record for the artist. The painting came from the collection of the late Leonard Lauder, who died in June at age 92. Other top lots included two more Klimts from Lauder's collection, a newly offered Basquiat, and a record-setting Frida Kahlo work, alongside notable sales by van Gogh, Rothko, Mondrian, Monet, and Picasso, with many of the highest prices achieved during the blockbuster November auctions at Sotheby's and Christie's.

christies 2025 sales results analysis

Christie's closed 2025 with $6.2 billion in projected global sales, a nearly seven percent increase from $5.8 billion in 2024 and in line with its 2023 total. Auction sales reached $4.7 billion, up eight percent year-over-year, while private sales held steady at $1.5 billion. The year's top lot was Mark Rothko's *No. 31 (Yellow Stripe)*, which sold for $62.1 million in New York. Other highlights include a record Picasso sale in Hong Kong ($25.4 million) and the Fabergé Winter Egg in London (£22.9 million). The house also saw strong performance from its automobiles business, Gooding Christie's, which delivered $234 million in sales. Geographically, the Americas grew 15 percent to $2.58 billion, while Asia-Pacific slipped 5 percent.

art basel awards 2025

Art Basel launched its inaugural Art Basel Awards ceremony at the New World Center in Miami Beach during Art Basel Miami Beach week. The awards, first introduced in New York in May, recognized 36 medalists across categories including Icon, Established, Emerging, Patron, Institution, Curator, and Media & Storytelling. Top winners included Cecilia Vicuña (Icon), Nairy Baghramian and Ibrahim Mahama (Established), Mohammad Alfaraj and Saodat Ismailova (Emerging), and Meriem Bennani (BOSS Award). The event was hosted by musician and collector Kasseem "Swizz Beatz" Dean, with performances by cellist Kelsey Lu and recorded narration by actor Emma D'Arcy. Each artist received $50,000, and established artists will debut commissions at Art Basel in Switzerland next year.

lalanne hippopotame bar 31m sothebys record

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.

jackson pollock children drip patterns study

A new study published in *Frontiers of Physics* analyzed paintings created during a 2003 'Dripfest' experiment, where children aged 4–6 and adults aged 18–25 were asked to splatter paint like Jackson Pollock. Using fractal and lacunarity analysis, researchers found that adults produced denser, more intricate patterns, while children's paintings were more clustered and smaller in scale, likely due to differences in biomechanical balance and coordination. Notably, Pollock's own fractal values fell near the children's range, suggesting his physical limitations influenced his technique.

sothebys surrealism modern auction november 2025 new york

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.

churchill painting hudsons bay company auction

The Hudson's Bay Company, a historic Canadian department store chain that declared bankruptcy in March, began selling off its art collection. On November 19, 27 paintings from the retailer's trove were auctioned by Canadian auction house Heffel, all selling well above estimate. The top lot was an impressionistic painting of a Marrakech street by Winston Churchill, which sold for $1.5 million, more than tripling its low estimate. Other notable sales included Frederic Marlett Bell-Smith's 'Lights of a City Street' at $691,250 and works by William von Moll Berczy and Charles Pachter.

klimt waldabhang unterach attersee lauder sale

Gustav Klimt's landscape painting *Waldabhang in Unterach am Attersee* (1916) sold for $70.8 million at Sotheby's on Tuesday night, hammering at $61 million. The work was the third Klimt painting sold by Sotheby's from the collection of the late mega-collector Leonard A. Lauder, and was the first Klimt landscape Lauder ever purchased. The sale comes after Lauder's other Klimt landscapes achieved record prices, including *Blumenwiese* ($86 million) and his portrait of Elisabeth Lederer ($236.4 million).

emerging risks art collecting insure against

Private Client Select (PCS), an insurance partner for serious art collectors, highlights the growing complexity of protecting fine art and collectibles. The article details unusual but real claims—such as a conceptual artwork mistaken for trash, a fiber work unraveled by a cat, or a sculpture damaged by a housekeeper—alongside more common risks like climate damage, transit mishaps, and theft. PCS's Art Services team, led by Senior Vice President Muys Snijders, offers proactive risk management, coordinating conservators, appraisers, and storage solutions. Emerging threats include climate change (wildfires, floods), social media exposure, financial complexities (tariffs, collateral lending), and material degradation of contemporary works using nontraditional materials.

erotic art top 200 collector beth rudin dewoody opens miami museum of sex

The Museum of Sex in Miami’s Allapattah neighborhood has opened “Hard Art: Unruly Selections from the Beth Rudin DeWoody Collection,” an exhibition of erotic artworks from the collection of ARTnews Top 200 collector Beth Rudin DeWoody. The show features sculptures, paintings, collages, photography, and installations from the 1930s to the present by artists including Judith Bernstein, Cecily Brown, Nancy Grossman, and Jimmy DeSana. It is co-curated by Maynard Monrow and Laura Dvorkin, DeWoody’s in-house curators, and runs through May 2026.

kochi muziris biennial artist list

The Kochi-Muziris Biennial, South Asia's largest contemporary art biennial, has announced the 66 artists from over 20 countries participating in its 2025 edition, titled “For The Time Being.” Running from December 12 to March 31 across venues including Aspinwall House and Pepper House in Kochi, India, the event features around 50 new commissions and a theme centered on the body, memory, and temporality. The announcement comes after the 2023 edition was marred by controversy, with more than half of its 90 artists signing a public letter alleging communication breakdowns, unpaid fees, and production issues, as well as the Kerala government reportedly pulling out of a deal to acquire the main venue.

doja cat lacma art film gala performance

The Los Angeles County Museum of Art (LACMA) has booked American singer and rapper Doja Cat as the musical guest for its annual Art+Film Gala on November 1. The event will also honor visual artist Mary Corse, a key figure in the Light and Space movement, and filmmaker Ryan Coogler, known for 'Black Panther' and 'Sinner'. The gala is co-chaired by LACMA trustee Eva Chow and actor Leonardo DiCaprio.

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.

christies robert patricia weis collection sale

Christie’s has secured the collection of Robert F. Weis and Patricia G. Ross Weis for its November sales in New York, with 80 lots valued at over $180 million. The collection spans Cubism to Abstract Expressionism and includes major works by Picasso, Matisse, Mondrian, and Rothko, with top estimates reaching $50 million. The Weis family, founders of Weis Markets, assembled the collection over more than seventy years, and 18 lots will be sold in a single-owner sale ahead of Christie’s 20th-century evening sale.

sasan ghandehari lawsuit christies picasso auction guarantee

Collector Sasan Ghandehari has filed a lawsuit against Christie’s in the High Court of England & Wales, alleging the auction house failed to disclose that a Picasso painting he guaranteed was owned by a man convicted of drug-related charges. The work, Picasso’s *Femme dans un rocking-chair* (1956), was offered in a February 2023 London evening sale with a third-party guarantee from Ghandehari’s company, Brewer Management Corporation (BMC). Ghandehari claims Christie’s told him the owner was José Mestre Jr., but the painting actually belonged to his father, José Mestre Sr., who was sentenced to nine years in prison after 202 kilos of cocaine were found on a cargo ship in 2010. The lawsuit seeks to cancel the guarantee contract and recover a £4.8 million partial payment.

deleuze seminars painting

A newly translated English edition of Gilles Deleuze's 1981 seminars on painting, originally published in French as 'Sur la peinture' in 2023, has been released by the University of Minnesota Press. Translated by Charles J. Stivale, the eight lectures explore what concepts painting can offer to philosophy, rather than the reverse. Deleuze discusses terms like catastrophe, the diagram, and figure, focusing on artists such as Titian, Turner, Cézanne, van Gogh, Klee, Mondrian, Pollock, and Bacon, offering a chaotic yet magnificent counterpoint to his more systematic book 'Francis Bacon: The Logic of Sensation'.

priority bidding phillips

Phillips auction house announced a new fee structure for fall 2025 called "priority bidding," which offers lower buyer's premium rates to bidders who place written bids at least 48 hours before a live sale. The move aims to encourage early engagement and generate more spirited bidding, while also providing certainty for sellers. The house is simultaneously raising its standard buyer's premium to as high as 29 percent on works up to $1 million, making it the highest among major auction houses. CEO Martin Wilson, who took over in January, hopes the program will mitigate risk and shore up sales of mid-priced works.

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.

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.

risque pompeii mosaic looted german restituted

A Roman erotic mosaic looted from Pompeii by a German Wehrmacht captain during World War II has been returned to Italy and is now on display at the Archaeological Park of Pompeii. The heirs of the last owner contacted the Carabinieri in Rome, leading to a diplomatic repatriation via the Italian Consulate General in Stuttgart, Germany, in September 2023. The mosaic, dating to around 79 C.E., depicts a pair of lovers and is thought to have decorated a bedroom floor in a Roman villa.

fence boat painting artist hanif panni

Homeowner Etienne Constable of Seaside, California, was ordered by the town to build a fence to hide the boat in his driveway. Instead of simply concealing it, he hired his neighbor, artist Hanif Panni, to paint a photorealistic mural of the boat on the fence. The story went viral, with Constable paying more for the artwork than the original fine would have been, and local officials praising the creative compliance.

lorde virgin vinyl photograph talia chetrit

A revealing photograph of singer Lorde from the vinyl edition of her new album *Virgin* has gone viral, sparking debate on social media. The image, credited to artist Talia Chetrit, shows Lorde in see-through pants without underwear, echoing the album's cover—an X-ray of her pelvis by Heji Shin. Chetrit, known for exploring power dynamics and sexuality in her work, previously photographed Lorde for a single cover. The photo has drawn comparisons to Chetrit's earlier self-portraits and has been discussed in the context of nudity and illusion in art.

banksy mural lawsuit bethnal green

A legal dispute has erupted over a Banksy mural, *Yellow Lines Flower Painter* (2007), painted on the Bethnal Green Working Man’s Club in east London. The club’s trustees have filed a lawsuit against employee Warren Dent and others, alleging the work was illegally removed and put up for sale in the US. The mural, depicting a workman and a giant flower emerging from double-yellow lines, is currently in Colorado. The club’s former accountant claims secretary Stephen Smorthit agreed to sell the piece to Dent for £20,000 in 2019, after which art restorer Chris Bull removed it and later loaned it to his father’s gallery in Aspen. The trustees argue they never authorized the sale and are demanding the work’s return.

phillips modern and contemporary art by the numbers

Phillips held its marquee May auction in New York, achieving $52 million in total sales, down from $86.3 million the previous year. The top lot was a Jean-Michel Basquiat work owned by David Bowie, which sold for $6.59 million. Four lots were withdrawn before the sale, five failed to sell, and the sell-through rate was 77.5 percent. Despite a low-energy room, five artist records were set, including four for women artists: Ilana Savdie, Olga de Amaral, Kiki Kogelnik, and Grace Hartigan, and one for James Turrell.

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.

amalia ulman film magic farm

Amalia Ulman's new film *Magic Farm* follows an American documentary crew that arrives in a rural Argentine town with a mandate to cover "crazy subcultures," only to find none. Led by a harried producer (Alex Wolff) and an anchor (Chloë Sevigny), the crew fabricates a zany trend while completely missing an environmental crisis affecting the village—no drinking water and widespread illness. Ulman describes the film as a critique of media bureaucracy, where content demands override actual news. The film continues her exploration of image-making and fiction, themes she previously investigated in her 2014 Instagram performance *Excellences & Perfections* and her 2021 debut feature *El Planeta*.

barbara hepworth takes top lot at londons british art sales

London's auction houses held seven sales of Modern British art this week, achieving £22.3 million (including buyer's premium) against a presale estimate range of £21.3 million to £31.7 million. A total of 547 of 705 lots sold, a 77.6% sell-through rate. Bonhams struggled, with half its top lots unsold, including a Henry Moore bronze estimated at £1–2 million, but Pyms gallery and art adviser Wentworth Beaumont bought key works below estimate. Sotheby's raised £6.4 million, led by Edward Burra's *Striptease, Harlem* (1934) at £842,500, and a Paul Nash watercolor tripled its estimate to £212,500. Christie's achieved the highest total at £12 million, topped by Barbara Hepworth's *Figure (Sunion)* (1960), bought by Pyms gallery for over £800,000.

banksy marseille lighthouse

Banksy has unveiled a new street artwork in Marseille, France, located on Rue Félix Fregier. The piece features a painted lighthouse and the stenciled text “I want to be what you saw in me,” set beside a sidewalk bollard whose shadow the lighthouse mimics. The artist posted the work on Instagram, where it quickly garnered over 800,000 likes. The mural marks a notably introspective and emotionally vulnerable departure from Banksy’s typically satirical or politically charged style.

david lynch personal items auction

Hundreds of items from filmmaker David Lynch’s personal estate are being auctioned by Julien’s in Los Angeles, with online bidding already exceeding $56,000. The nearly 450 lots include movie props, musical gear, Polaroids, and more, spanning Lynch’s career. Top-performing items include his personalized director’s chair (bidding at $15,000), a red curtain from Twin Peaks ($2,750), a photo of a nuclear explosion from Twin Peaks: The Return ($6,000), a personal 35mm print of Eraserhead ($7,000), a vintage boomerang sofa ($4,500), and a signed Man Ray photograph ($3,500). The sale also features musical instruments from his home studio, such as a custom five-neck Ferrington guitar and a Roland synthesizer. The auction officially ends on June 18 and is held in collaboration with Turner Classic Movies.

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.