Art News. Vasari Codex

trending_up market schedule Nov 18, 2025 visibility 16 link 4 artists

picasso panama papers ganz collection

The Panama Papers leak has revealed that the 1997 sale of the Victor and Sally Ganz collection at Christie's New York was secretly orchestrated by billionaire currency trader Joseph Lewis. Lewis had already purchased the top works from the collection through a Christie's subsidiary, Spink & Son, months before the auction, and structured a guarantee that shared profits above $168 million. The sale, which set a private collection auction record at $206 million, included Pablo Picasso's "Women of Algiers (version O)" fetching $31.9 million. The documents also confirm that a Modigliani painting involved in a Nazi restitution case belongs to the Nahmad family.

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trending_up market schedule Nov 18, 2025 visibility 16 link 8 artists

kurt cobain nirvana guitar christies

A 1969 Fender Competition Mustang guitar owned by Nirvana frontman Kurt Cobain is being auctioned by Christie's in March, with an estimated price of $2.5–$5 million. The guitar was used on the albums *Nevermind* and *In Utero*, as well as in the music video for "Smells Like Teen Spirit" and numerous live performances. It is part of the Jim Irsay Collection, assembled by the late Indianapolis Colts owner, which includes instruments from John Lennon, Jimi Hendrix, Prince, and others.

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trending_up market schedule Nov 17, 2025 visibility 16 link 5 artists

liebermann resituted gurlitt auction

Max Liebermann's painting *Two Riders on a Beach* (1901), recently restituted to the Rosenburg family from the Cornelius Gurlitt hoard, will be auctioned at Sotheby's in London on June 24, with an estimated price of up to £500,000 ($850,000). The work is one of the first two artworks returned from the trove discovered in Gurlitt's Munich apartment in 2012; the other, Henri Matisse's *Woman with a Fan* (1932), was also handed back to the Rosenburg family last week.

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article policy schedule Nov 14, 2025 visibility 22 link 3 artists

french art world opposes proposal new taxes

Two French parliamentarians, Jean-Paul Matteï and Philippe Juvin, have proposed a new tax regime on art as part of France's 2026 budget, which would make France the only major art market to impose a wealth tax on the mere possession of artworks. The French art world has strongly opposed the proposal, with 27 signatories including Art Basel, auctioneer Drouot, visual artists' rights organization ADAGP, the Association for the International Diffusion of French Art (ADIAF), and the Comité Professionel des Galeries d’Art (CPGA). Critics argue the tax is technically unenforceable, would drive collectors away, and harm the broader art ecosystem.

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article news schedule Nov 13, 2025 visibility 14 link 1 artist

jeffrey epstein emails art guy leonardo salvator mundi

Newly released emails from Jeffrey Epstein, published by House Republicans, show the disgraced financier discussing Leonardo da Vinci's *Salvator Mundi* with journalist Michael Wolff. In a May 2019 exchange, Epstein referenced the $450.3 million painting—the most expensive artwork ever sold at auction—and suggested its sale was linked to a real estate deal involving a Russian billionaire and Saudi Crown Prince Mohammed bin Salman. Epstein also mentioned that his "art guy" thought the painting wasn't very good.

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article news schedule Nov 12, 2025 visibility 17 link 13 artists

preservationists petition to save wilbur building the sistine chapel of new deal art

Preservationists are petitioning to save Washington, D.C.'s Wilbur J. Cohen Federal Building, known as the 'Sistine Chapel of New Deal Art' for its 20th-century murals by Philip Guston and Ben Shahn. The Trump administration has listed the building for sale under an 'accelerated disposal' program, raising fears it could be demolished. The nonprofit Living New Deal launched a petition demanding transparency and public participation, as the building is one of 45 federal properties slated for swift sale. The structure, completed in 1940, houses ten New Deal-era artworks including frescoes, relief sculptures, and murals, and has been home to Voice of America since 1954.

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person people schedule Nov 6, 2025 visibility 15 link 5 artists

sara friedlander christies chairman post war contemporary art

Sara Friedlander has been named chairman of Post-War & Contemporary Art for the Americas at Christie's. In an interview, she discusses her philosophy of prioritizing client relationships and the art itself over market speculation, criticizing the trend of 'wet paint' sales that inflate young artists' prices. She has overseen major private collection sales including the Edlis | Neeson Collection, which will anchor Christie's 21st Century Sale, and has set records for artists like Ernie Barnes and Joan Mitchell.

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trending_up market schedule Nov 3, 2025 visibility 14 link 4 artists

brian eno sells paintings

Brian Eno, the renowned musician and artist, is selling a cache of paintings for £500 each (around $666) through his London gallery, Paul Stolper. The online sale begins November 12, following a two-day performance where Eno created over 400 works using stencils, spray paint, and found objects like dried pasta and wooden blocks. The paintings, measuring about 5 by 7 inches, are priced individually, with four-block assemblages available for £3,000. An exhibition accompanies the sale from November 14 through January 17 at Paul Stolper.

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trending_up market schedule Oct 28, 2025 visibility 14 link 1 artist

salvador dali necklace sea sothebys surrealism sale

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 17 link 1 artist

canaletto 2026 christies old masters sale

A Canaletto painting titled *Venice, the Bucintoro at the Molo on Ascension Day* (ca. 1754) will lead Christie’s Old Masters sale in New York this February 2026, with an estimate of over $30 million. The monumental canvas, commissioned by the King family (later Earls of Lovelace), is the last known version of this subject by the artist. It last sold at Christie’s 20 years ago during the Champalimaud Collection sale, setting a record. The work will tour exhibitions in New York, Hong Kong, and London before returning to New York for a pre-sale exhibition.

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trending_up market schedule Oct 28, 2025 visibility 13 link 6 artists

pablo picasso dora maar portrait sells 37 million

A previously little-known Pablo Picasso portrait of Dora Maar, titled *Bust of a Woman with a Flowered Hat (Dora Maar)* (1943), sold for $37 million at Lucien Paris auction house on October 24, 2025—nearly four times its $9.5 million estimate. The painting had been owned by the same family since 1944 and was shown publicly for the first time in 80 years at Hôtel Drouot before the sale. Auctioneer Christophe Lucien called it the highest auction price for any artwork in France this year.

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trending_up market schedule Oct 28, 2025 visibility 14 link 7 artists

sothebys records highest ever totals in france for surrealist and modern sales during art basel paris week

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 23, 2025 visibility 17 link 5 artists

christies modern british and irish evening auction in london nets 23 m marking 20 percent increase on 2024s sale

Christie’s Modern British and Irish Art evening sale in London on Wednesday achieved £17.3 million ($23 million), a 20 percent increase over the equivalent sale in 2024. The top lot was Barbara Hepworth’s *The Family of Man (Figure 9, The Bride)* (1970), which sold for £3.9 million ($5.2 million). The sale had a 90 percent sell-through rate by value and 81 percent by lot, with 39 percent of works exceeding their high estimates, though the total fell short of the £22.6 million high estimate. Other notable results included Hepworth’s *Vertical Wood Form* (1968) at £1.4 million, Stanley Spencer’s *The Meeting* (1933) at the same price, and Bridget Riley’s *Dendera* (1983-2002) at £1.2 million.

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trending_up market schedule Oct 17, 2025 visibility 17 link 3 artists

kiran nadar bought m f husain record breaking painting christies

Kiran Nadar, a prominent Indian collector, revealed she purchased M.F. Husain's 1954 painting *Untitled (Gram Yatra)* for $13.8 million at Christie's New York, making it the most expensive work of Indian modern art ever sold at auction. The painting, estimated at $2.5–3.5 million, was originally owned by Norwegian surgeon Leon Elias Volodarsky and later donated to Oslo University Hospital, which consigned it after a 13-year deaccessioning process.

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trending_up market schedule Oct 16, 2025 visibility 30 link 15 artists

phillips london evening sale frieze results

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 Oct 16, 2025 visibility 19 link 3 artists

fake paintings india investment banker farmer charge sheet

Indian officials have released a charge sheet in an ongoing investigation into the sale of forged paintings attributed to major modern Indian artists M. F. Husain, S. H. Raza, Manjit Bawa, and F. N. Souza. The alleged scheme involved a poor farmer, Raghavendra Parmar, who posed as a maharaja to sell fake works, aided by lawyer Vishwang Desai, who presented himself as a collector to persuade investment banker Puneet Bhatia to purchase the pieces. The paintings, collectively valued at around ₹17.9 crore ($2 million), were allegedly funneled through Mumbai's Rare Art Gallery, run by Rajesh Rajpal, and the related firm Art India International. A former IAS officer, Subroto Banerjee, is also implicated but denies involvement.

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trending_up market schedule Sep 30, 2025 visibility 13 link 2 artists

claude monet sale bankruptcy george allen weiss

Financier George Allen Weiss is seeking court approval to sell Claude Monet's painting *Nymphéas* (1914–17) for $36.5 million to an unnamed buyer, as part of his bankruptcy proceedings. Weiss filed for bankruptcy in June after a federal judge ruled he owed over $100 million in debt tied to his hedge fund, Weiss Multi-Strategy Advisers, which also filed for bankruptcy in 2024. The sale, handled through Weiss's GW Crown Holdings LLC, is intended to cover $123 million in debt to Bank of America, but Jefferies Strategic Investments has filed a limited objection demanding the buyer's identity be disclosed, citing a comparable Monet that sold for $65.5 million at Sotheby's.

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article news schedule Sep 25, 2025 visibility 9 link 4 artists

french artist invader lawsuit julien auctions street art

French artist Invader, whose real name is Franck Slama, sued the parent company of Julien Auctions for copyright infringement, theft, and violations of the Visual Artists Rights Act. The lawsuit claims 15 of his original mosaic artworks were stolen from their installation sites worldwide—including Tokyo, Paris, and other French locations—damaged or distorted, and then offered in the auction house's "Street Art: Paint & Pavement" sale on September 25. Invader demanded the works be removed, and a U.S. District Court in California granted a restraining order halting the auction of those pieces. The auction house's co-founder Martin Nolan defended the sale, arguing that street art created in public spaces transfers ownership to those who lawfully acquire it.

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trending_up market schedule Sep 22, 2025 visibility 18 link 11 artists

frida kahlo auction record broken sothebys el sueno la cama

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 Sep 22, 2025 visibility 15 link 6 artists

unknown pablo picasso painting dora maar for sale

A Pablo Picasso painting of Dora Maar, titled *Bust of a Woman in a Flowery Hat (Dora Maar)*, has been consigned to the Paris auction house Lucien Paris after not being seen publicly for 80 years. Painted in 1943 and last exhibited in 1944, the work was inherited by the anonymous seller from a grandparent. It is currently on view at Hôtel Drouot and will be auctioned on October 24 with an estimate of approximately $9.5 million. Photographic evidence of the painting appears in 1944 photos by Brassaï of Picasso’s studio.

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trending_up market schedule Sep 22, 2025 visibility 15 link 15 artists

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.

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article news schedule Sep 17, 2025 visibility 15 link 4 artists

david lynch daughter la compound

Jennifer Lynch, daughter of the late artist and filmmaker David Lynch, revealed on Reddit that her father's will stipulates his Los Angeles compound must be sold immediately as a single property, with proceeds split evenly among his four children. The 2.3-acre Hollywood Hills property, listed at $15 million, includes a 10-bedroom home, pool, editing suite, and lime-green kitchen countertops. Jennifer expressed that the family would prefer to keep the property but must follow David's instructions to avoid any sibling feeling less loved.

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person people schedule Sep 15, 2025 visibility 14 link 3 artists

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.

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trending_up market schedule Sep 11, 2025 visibility 12 link 2 artists

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.

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trending_up market schedule Sep 5, 2025 visibility 15 link 7 artists

basquiat picasso works linked to global 1mdb scandal net 36 m in auction by us marshals

Four artworks by Jean-Michel Basquiat, Pablo Picasso, and Diane Arbus, seized by the U.S. Department of Justice in connection with the 1Malaysia Development Berhad (1MDB) scandal, sold for a combined $36 million in an online auction conducted by the U.S. Marshals Service. The lots included Basquiat's *Self Portrait* (1982) for $8.3 million and *Red Man One* (1982) for $22 million, Picasso's *Tête de taureau et broc* (1939) for $5 million, and Arbus's *Child with a Toy Hand Grenade* for $500,150. The auction, held by Gaston and Sheehan in Texas, ran from July 16 to September 4.

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trending_up market schedule Aug 30, 2025 visibility 20 link 11 artists

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.

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trending_up market schedule Aug 20, 2025 visibility 14 link 1 artist

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.

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

sothebys van halen guitar grails week

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 Jul 28, 2025 visibility 11 link 6 artists

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.

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trending_up market schedule Jul 28, 2025 visibility 13 link 5 artists

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.

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