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phillips modern contemporary november dinosaur 2716370

Phillips’s Modern and Contemporary art evening sale in New York on Wednesday achieved $67.3 million, a 24.4% increase over last year’s total but far below the $154.6 million record set in 2023. The 33-lot sale landed at the top end of its pre-sale estimate, with Francis Bacon’s *Study for Head of Isabel Rawsthorne and George Dyer* (1967) selling for $16 million as the top lot. Notably, the auction included dinosaur bones for the first time—a juvenile triceratops skeleton nicknamed Cera—which proved a lucrative draw, while a painting by rising British artist Jadé Fadojutimi and a gold nugget called “The Thunderbolt” both failed to sell. Only one new artist record was set, for Firelei Báez at $645,000.

phillips takes 54 m from modern and contemporary sale bonhams on the move demand for female photographers rising morning links for november 20 2025 1234762537

Phillips' modern and contemporary evening sale in New York on Wednesday netted $67.3 million, with a 94% sell-through rate across 33 lots. Highlights included an untitled Joan Mitchell painting, a Francis Bacon diptych, and a juvenile triceratops skeleton, though two lots—a large gold piece and an oversized painting by Jadé Fadojumtimi—failed to sell. Separately, Bonhams announced it will move its US headquarters to 111 West 57th Street in February 2025, occupying a 42,000-square-foot space in the restored Steinway Hall, which will reopen as a public cultural venue. The article also covers declining DEI-related grants, a survey of William Nicholson, rising demand for female photographers, and the launch of Artsignal, an AI platform for art market intelligence.

Auction Results: New Records for Noah Davis and Antonio Obá at Sotheby's, Major Paintings by Barkley L. Hendricks and Kerry James Marshall Went Unsold

Sotheby’s New York held its Now & Contemporary Evening Auction on November 18 at the newly opened Breuer building, featuring works by Black artists. Noah Davis’s “The Casting Call” (2008) sold for $2 million, setting a new auction record for the late artist, while Antonio Obá’s “Alvorada – Música Incidental Black Bird” (2020) achieved $1.016 million, nearly ten times its low estimate. However, major paintings by Barkley L. Hendricks and Kerry James Marshall went unsold, highlighting a mixed market for exceptional figurative works. The auction followed a blockbuster sale of Leonard A. Lauder’s collection, where Gustav Klimt’s portrait sold for $234 million.

‘Really encouraging’: Phillips’s modern and contemporary sale continues New York auction momentum

Phillips’s modern and contemporary evening sale on 19 November generated nearly $54.8 million ($67.3 million with fees), a 25% increase over the same sale last year. Out of 33 lots, only two failed to sell, achieving a 94% sell-through rate. The top lot was Francis Bacon’s *Study for Head of Isabel Rawsthorne and George Dyer* (1967), which hammered at $13.5 million, followed by an untitled Joan Mitchell work from 1957-58 at $12 million. The sale also included natural history objects for the first time, such as a juvenile Triceratops skeleton nicknamed 'Cera,' which sold for $4.35 million. Female artists performed strongly, with Ruth Asawa’s copper wire sculptures sparking lengthy bidding wars and Firelei Báez setting a new artist record that was later broken at Christie’s the same evening.

phillips modern contemporary art auction report francis bacon 1234762505

Phillips held its modern and contemporary evening sale in New York on Wednesday, following Christie’s and Sotheby’s auctions that had already generated nearly $1.4 billion. The 33-lot sale achieved $67.3 million, a 24% increase from the equivalent sale last year, with a 94% sell-through rate. Headlining lots included an untitled Joan Mitchell painting ($14.3 million), a Francis Bacon diptych ($16 million), and a juvenile triceratops skeleton that sold for $5.3 million, exceeding its high estimate. Only two lots failed to sell, and notable results included works by Ruth Asawa, Firelei Báez, Jean-Michel Basquiat, and Max Ernst.

the art market has lost its grip on price 2653663

Former Sotheby's rainmaker Brooke Lampley, now a director at Gagosian, discusses the art market's loss of control over pricing, citing a failed $70 million Alberto Giacometti bust at auction as a symptom of deeper market confidence issues. The article traces the evolution of art pricing from opaque, dealer-driven norms to a data-rich system enabled by Artnet's Price Database in 1989, which fueled a price spiral and attracted speculators. Now, in 2025, the market faces a correction with auction sales down 27.3 percent to $10.2 billion, and buyers are pausing as traditional pricing signals become scrambled.

jeff koons gagosian porcelain series review 1234762301

Jeff Koons's latest exhibition at Gagosian Gallery in New York features his new series of large-scale porcelain and stainless-steel sculptures, including the centerpiece *Aphrodite* (2016–21), an eight-and-a-half-foot-tall nude. The show marks Koons's first solo presentation in New York in seven years and follows a turbulent period in his career, including record auction sales, a move to Pace Gallery and back to Gagosian, and two lawsuits. Critic Christopher Garcia Valle panned the works as unstimulating and banal, arguing they fail to awe viewers despite their technical ambition and massive scale.

sothebys lauder now contemporary sales report klimt record 1234762267

Sotheby's held a marathon double sale at its new Breuer Building location, selling Gustav Klimt's portrait of Elisabeth Lederer for $236.4 million—the second highest price ever paid for an artwork at auction. The evening included works from the collection of the late cosmetics heir Leonard Lauder, totaling $527.5 million, far exceeding its low estimate. The subsequent 'Contemporary and the Now' sale added $178.5 million, bringing the overall total to $706 million. Other highlights included a Jean-Michel Basquiat painting selling for $48.3 million, auction records for Cecily Brown, Antonio Obá, Yu Nishimura, Jess, and Noah Davis, and the sale of Maurizio Cattelan's gold toilet 'America' for $12.1 million.

sothebys lauder now contemporary sales report klimt record 1234762267

Sotheby's held a marathon double sale at its new Breuer Building location, selling Gustav Klimt's portrait of Elisabeth Lederer for $236.4 million—the second highest price ever paid for an artwork at auction. The evening featured works from the collection of the late cosmetics heir Leonard Lauder, totaling $527.5 million, far exceeding its low estimate. The subsequent "Contemporary and the Now" sale brought in $178.5 million, with a Jean-Michel Basquiat painting selling for $48.3 million. Overall, the night generated $706 million, with multiple auction records set for artists including Cecily Brown, Antonio Obá, Yu Nishimura, Jess, and Noah Davis.

maurizio cattelan america sothebys sale toilet 12 million 1234762122

Maurizio Cattelan's 18-karat gold toilet, *America* (2016), sold for $12.1 million at Sotheby's New York on Tuesday evening, falling short of pre-sale expectations. The work, consigned by New York Mets owner Steve Cohen, received a single bid and hammered at $10 million, just above the value of its gold content. Installed in a bathroom at Sotheby's Breuer Building, the toilet was viewable but not usable. The sale was notable for accepting cryptocurrency and lacking a guarantee.

christies marquee fall 20th century evening sale report 1234762038

Christie’s fall marquee 20th century evening sales on Monday night brought in a combined $690 million with fees, well above the pre-sale low estimate of $534.7 million. The double-header auction included 18 lots from the collection of the late Robert and Patricia Ross Weis, featuring works by Pablo Picasso, Henri Matisse, Piet Mondrian, and Mark Rothko, followed by a 62-lot sale with pieces by Alexander Calder, David Hockney, and Alberto Giacometti. The sell-through rate was 97% by value and 96% by lot, with only one lot withdrawn and three failing to sell. Notable bidding wars involved adviser Ralph DeLuca, who secured Henri Matisse’s "Figure et bouquet (Tête ocre)" for $32.3 million and Marc Chagall’s "Le songe du Roi David" after intense competition.

louvre closes offices gallery structural concerns 2714627

The Louvre has temporarily closed employee offices and the Campana Gallery in the southern Sully wing due to structural concerns identified in a November 14 building assessment report, which warned of fragile floor beams. The closure affects 65 staff members and a nine-room gallery of ancient Greek ceramics. The museum has launched an investigation and plans repairs, following a year of challenges including a staff walkout in June and a dramatic theft of imperial jewels from the Gallery of Apollo in October.

In major auction night, rare Klimt painting smashes records at $236.4 million

Sotheby's inaugural sale at its new New York headquarters on Tuesday evening set multiple records, led by Gustav Klimt's "Portrait of Elisabeth Lederer," which sold for $236.4 million—the most valuable work of modern art ever auctioned and the highest price ever achieved by Sotheby's globally. The painting, spared from destruction during World War II, was part of the collection of Estée Lauder heir Leonard A. Lauder, whose holdings fetched $527.5 million total. Other highlights included an Edvard Munch painting at $35.1 million, a Klimt landscape at $86 million, and a Jean-Michel Basquiat work at $48.3 million, while a Cecily Brown set a new record at $9.8 million. However, works by Kerry James Marshall and Barkley L. Hendricks failed to sell, and Maurizio Cattelan's gold toilet "America" drew only a single bid from Ripley's Believe It or Not! at $12.1 million.

In major auction night, rare Klimt painting smashes records at $236.4 million

Sotheby's held its first sale at its new US headquarters in New York, where Gustav Klimt's "Portrait of Elisabeth Lederer" sold for $236.4 million, becoming the most valuable work of modern art ever sold at auction and the most expensive artwork ever sold by Sotheby's globally. The record-breaking 20-minute bidding war also saw strong results for works by Edvard Munch ($35.1 million) and a Klimt landscape ($86 million), while the evening's total reached $706 million. However, two top lots by Kerry James Marshall and Barkley L. Hendricks failed to sell, and Maurizio Cattelan's gold toilet "America" drew only a single bid from Ripley's Believe It or Not! for $12.1 million.

louvre museum closes gallery greek antiquities 1234761958

The Louvre Museum in Paris has temporarily closed a gallery housing Greek antiquities and several offices after an audit revealed structural weaknesses in beams on the second level of the southern Sully wing. The affected gallery, the Campana Gallery, which displays antique Greek ceramics, was shut as a precaution, and 65 employees have been relocated while experts assess the damage. The closure comes amid a difficult period for the museum, following a $102 million theft of France's crown jewels in October and a scathing report criticizing leadership for prioritizing acquisitions over security upgrades.

trustees bolt palm springs art museum director hire 1234761292

Trustee Patsy Marino resigned from the Palm Springs Art Museum board just one week after Christine Vendredi was appointed director on September 29, 2024. In a resignation letter reported by the Los Angeles Times, Marino alleged that the hiring committee failed to interview any outside candidates, despite two "exceptional" candidates being considered, and cited "inappropriate interference" by the executive committee, individual trustees, and museum staff. Two other board members also left the 22-member body, though the museum claims their departures were unrelated. Vendredi, previously chief curator and interim CEO, has a background in luxury brand management at Louis Vuitton and holds multiple advanced degrees but no prior museum directorship experience.

blank space book review cultrure over men 1234760399

W. David Marx's book "Blank Space: A Cultural History of the Twenty-First Century" argues that 21st-century culture has stagnated, blaming the Internet and its economies for a lack of innovation. The book cites critics like Jason Farago and Alex Ross who lament the death of monoculture and the failure of the Internet's promised diversity, while Marx himself longs for a past era of linear artistic progress defined by -isms like Realism and Cubism. However, the review criticizes Marx's framework as rooted in a 19th-century positivist fallacy, noting that art history has never been a clean linear progression and that overlooked artists—such as Hilma af Klint and Hector Hyppolite—have always complicated the canon.

emerging risks art collecting insure against 1234755776

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.