Art News. Vasari Codex

article news schedule Jul 25, 2025 visibility 15 link 3 artists

anish kapoor lists 56 leonard street apartment new york

Artist Anish Kapoor is selling his New York apartment at 56 Leonard Street in Tribeca for $17.75 million. The 3,576-square-foot unit on the 47th floor features four bedrooms, four-and-a-half bathrooms, private outdoor spaces, and a travertine marble bath. The building, designed by Herzog & de Meuron, houses a smaller version of Kapoor's famous sculpture Cloud Gate at its base. Kapoor purchased the apartment for roughly $14 million in 2016 and previously listed it for about $18 million last year. The listing is held by Serhant's Krista Nickols and Martin Garcia.

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trending_up market schedule Jul 23, 2025 visibility 21 link 10 artists

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.

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trending_up market schedule Jul 22, 2025 visibility 11 link 2 artists

refik anadol lionel messi favorite goal ai data sculpture

Refik Anadol's A.I. data sculpture "A Goal in Life," based on Lionel Messi's favorite goal from the 2009 Champions League final, sold for $1.87 million at Christie's. The artwork uses millions of data points, including Messi's biometric voice data, breathing patterns, and heartbeat rhythms, to recreate the moment in an immersive 16K-resolution mirrored room. Proceeds benefit education programs in Latin America and the Caribbean supported by the Inter Miami CF Foundation.

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trending_up market schedule Jul 22, 2025 visibility 15 link 9 artists

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.

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trending_up market schedule Jul 17, 2025 visibility 20 link 6 artists

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.

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trending_up market schedule Jul 17, 2025 visibility 19 link 13 artists

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.

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trending_up market schedule Jul 16, 2025 visibility 8 link 5 artists

global auction sales h1 2025 arttactic analysis

Global auction sales at Christie’s, Sotheby’s, and Phillips fell 6.2% in the first half of 2025 compared to the same period last year, while the number of lots sold rose 1.3%. ArtTactic’s analysis reveals significant category shifts: post-war and contemporary art dropped 19.3% to $1.22 billion, impressionist and modern art fell 7.7% to $989.5 million, and luxury sales were nearly flat. In contrast, Old Masters surged 35.6% to $171.2 million, and design, decorative arts, and furniture rose 20.4% to $172 million. The decline in high-value trophy lots, including the withdrawal of Andy Warhol’s *Big Electric Chair* and Alberto Giacometti’s *Grande tête mince*, contributed to the slump in contemporary sales.

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article news schedule Jul 16, 2025 visibility 13 link 13 artists

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.

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trending_up market schedule Jul 16, 2025 visibility 12 link 8 artists

christies first half results 2025

Christie's reported that its auction sales for the first half of 2025 totaled $2.1 billion, identical to the same period last year, suggesting the art market may be stabilizing. However, the $2.1 billion figure marked a 22 percent drop from the first half of 2023, indicating stabilization at a lower level. The house sold seven of the top 10 works at auction, led by Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black, and Blue* (1921) for $47.6 million from the collection of Barnes & Noble founder Leonard Riggio. Luxury sales rose 29 percent, while Old Master sales increased 15 percent, but Asian art and Classics fell 28 percent and 32 percent respectively. The Americas led buyer activity at 45 percent, followed by EMEA at 34 percent and APAC at 21 percent.

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trending_up market schedule Jul 15, 2025 visibility 11 link 3 artists

phillips pollock painting lawsuit david mimran

Phillips auction house has filed a lawsuit against David Mimran, a film producer and son of billionaire Jean Claude Mimran, alleging he failed to pay $14.5 million for a Jackson Pollock drip painting (ca. 1948) that sold at a New York auction in November 2024. Mimran had agreed to a third-party guarantee for the work, which sold for $15.3 million with fees, but according to Phillips, he sought an extension and then claimed he could not pay. The auction house is seeking nearly $15 million including interest.

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trending_up market schedule Jul 11, 2025 visibility 16 link 6 artists

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.

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trending_up market schedule Jul 3, 2025 visibility 17 link 7 artists

canaletto walpole heads to christies auction

Canaletto's painting "Venice, the Return of the Bucintoro on Ascension Day" (1731–32) sold for £31.9 million ($43.9 million) at Christie's Old Masters evening sale in London, setting a new auction record for the Italian painter. The work, which once hung in the offices of Britain's first prime minister Robert Walpole, surpassed its presale estimate of £20 million and is the largest Canaletto composition to appear at market in two decades, noted for its exceptional preservation and execution during the artist's career peak.

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trending_up market schedule Jul 2, 2025 visibility 13 link 4 artists

christies smashes canalettos auction record after venice view sells for 43 7 m

Christie’s Old Masters evening sale in London set a new auction record for Canaletto on Tuesday, when his painting *Venice, the Return of the Bucintoro on Ascension Day* (circa 1732) sold for £31.9 million with fees ($43.7 million), far exceeding its £20 million estimate. The work, once owned by Britain’s first prime minister Robert Walpole, drew five bidders and sold to an anonymous phone bidder via Christie’s international director Alice de Roquemaurel. The previous Canaletto record of £18.6 million was set at Sotheby’s in 2005.

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trending_up market schedule Jun 30, 2025 visibility 16 link 7 artists

marie antoinette pink diamond christies

A 10.38-carat fancy purple-pink diamond known as the Marie-Thérèse diamond, linked to Marie Antoinette's only surviving child, sold for $14 million at Christie's New York on June 17, far exceeding its $3–5 million estimate. The jewel, reworked by Joel Arthur Rosenthal into a ring with a fleur-de-lis motif, was originally part of a tiara and passed through generations of European royalty before being sold at Sotheby's Geneva in 1996. The auction also featured the Blue Belle, a sapphire necklace estimated at $8–12 million.

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trending_up market schedule Jun 26, 2025 visibility 19 link 3 artists

lempicka rafaela nude auction

Tamara de Lempicka's portrait of her lover, *La Belle Rafaëla* (1927), sold for £7.47 million ($10.05 million) at Sotheby's London Modern and Contemporary Evening Sale on June 24. The work, estimated at £6–9 million, hammered just above its low estimate to a buyer in the room. It had last appeared at auction in 1985, when it sold for $242,000, then a record for the artist. The painting depicts Rafaëla, a sex worker Lempicka encountered in Paris's Bois de Boulogne, who became her lover and muse.

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article culture schedule Jun 25, 2025 visibility 13 link 14 artists

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.

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trending_up market schedule Jun 24, 2025 visibility 18 link 4 artists

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.

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article news schedule Jun 24, 2025 visibility 9 link 2 artists

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.

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trending_up market schedule Jun 24, 2025 visibility 21 link 10 artists

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.

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gavel restitution schedule Jun 23, 2025 visibility 15 link 2 artists

romania secures hold on stolen el greco painting

Romania has secured a 'long-term hold' on El Greco's painting *Saint Sebastian* (1610–1614), which was pulled from a Christie’s New York Old Masters sale in February after the Romanian government claimed the work was unlawfully taken from its national collection. The painting, valued at $7–9 million, was consigned by Russian billionaire Dmitry Rybolovlev, who acquired it in 2010 from Swiss dealer Yves Bouvier. Romania has initiated litigation through Paris to recover the work, arguing it was illegally removed in 1947 by King Michael I as he fled the Communist takeover.

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trending_up market schedule Jun 19, 2025 visibility 11 link 7 artists

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).

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trending_up market schedule Jun 18, 2025 visibility 11 link 2 artists

picasso ceramics auction geneva

A rare collection of seven unique Picasso ceramics, hand-painted between 1947 and 1964 at the Madoura Pottery Workshop in Vallauris, France, will be auctioned at Piguet in Geneva on Thursday. The pieces, including plates and platters featuring animals and motifs from Picasso's oeuvre, have been in private hands for nearly 40 years after being gifted from the Picasso estate to a friend in the 1980s. Estimates range from 20,000 to 50,000 Swiss francs, with a pigeon platter expected to fetch the highest price. Two additional works on paper by Picasso from the same owner are also included in the sale.

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trending_up market schedule Jun 17, 2025 visibility 12 link 3 artists

art market minute jun 16

Art Basel, the world's largest art fair, returns from June 17 to 22 amid ongoing market contraction and geopolitical instability. Meanwhile, Sotheby's London will auction the private collection of legendary art patron Pauline Karpidas in a 250-lot sale this September, estimated to fetch a record-setting $81 million. Additionally, Frieze will relocate to a new venue in Seoul for its fourth edition in the South Korean capital.

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trending_up market schedule Jun 17, 2025 visibility 11 link 3 artists

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.

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trending_up market schedule Jun 12, 2025 visibility 10 link 5 artists

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.

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trending_up market schedule Jun 9, 2025 visibility 22 link 16 artists

new york sales underperform may 2025

Christie’s, Sotheby’s, and Phillips collectively fell short of their spring auction expectations, bringing in just over $1 billion in evening sales against estimates of $1.2 billion to $1.6 billion. The hammer total of $837.5 million was down from $1.4 billion in the same week last year and $1.8 billion in 2022, with a notable drop in high-priced works and fading interest in emerging artists. The top ten lots generated $278.6 million, a 63 percent decline from 2022, and only a handful of artists under 45 appeared in evening sales, compared to previous years.

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trending_up market schedule Jun 9, 2025 visibility 13 link 3 artists

lost turner auction sothebys london

One of J.M.W. Turner's earliest oil paintings, *The Rising Squall, Hot Wells, from St Vincent's Rock, Bristol*, painted when he was 17, will be auctioned at Sotheby's London with an estimate of £200,000–£300,000. The work had been misattributed for decades and sold last year at Dreweatts for just £600–£800 as a work by a follower of Julius Caesar Ibbetson, before cleaning revealed Turner's signature. The painting was originally exhibited at the Royal Academy in 1793 and had not been publicly displayed for 167 years.

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article news schedule Jun 9, 2025 visibility 11 link 7 artists

citigroup mexico bank

Citigroup is selling its Mexican retail banking operation, Citibanamex, along with a collection of approximately 2,000 Mexican artworks dating from the 18th century to the present. The collection includes works by Frida Kahlo, Diego Rivera, José Clemente Orozco, Leonora Carrington, and Remedios Varo, and is considered the most important private painting collection in Mexico. Citibanamex has stated the collection is an integral and indivisible part of the sale and will not be sold separately.

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trending_up market schedule Jun 5, 2025 visibility 19 link 16 artists

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.

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trending_up market schedule May 30, 2025 visibility 13 link 1 artist

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.

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