Art News. Vasari Codex

trending_up market schedule Apr 22, 2025 visibility 12 link 5 artists, 1 gallery

sothebys 70 million giacometti bust may auction 1234739396

Sotheby’s will offer Alberto Giacometti’s 1955 bronze bust *Grande tête mince (Grande tête de Diego)*, hand-painted by the artist as a tribute to his brother Diego, at its May 13 modern art evening sale in New York with an estimate exceeding $70 million. The 25-inch-tall work, one of six casts, is being sold anonymously through the Soloviev Foundation and comes from the estate of real estate magnate Sheldon Solow. It was exhibited at the 1956 Venice Biennale and spent nearly two decades at the Fondation Maeght before Solow acquired it in 1980. The sale also includes a Piet Mondrian painting estimated at $50 million at Christie’s as part of the Leonard Riggio collection.

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trending_up market schedule Apr 22, 2025 visibility 11 link 7 artists, 1 gallery

sothebys 70 million alberto giacometti 2634149

Sotheby's has secured a $70 million Alberto Giacometti sculpture, *Grande tête mince (Grande tête de Diego)* (1955), for its evening sale of Modern art on May 13 in New York. The bronze bust of the artist's brother Diego is the highest-priced lot known to be offered in the upcoming high-stakes auctions. Consigned anonymously from the collection of late real estate tycoon Sheldon Solow, the work is being sold by the Soloviev Foundation to raise funds for philanthropic activities, including support for the Metropolitan Museum of Art. The sculpture, one of six casts, is described as the only 'richly painted' version and was included in Giacometti's 1956 Venice Biennale presentation.

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trending_up market schedule May 14, 2025 visibility 27 link 36 artists, 4 galleries

At Sotheby’s, a $70M Giacometti Fails to Sell While Works By Munch and Cézanne Ignite Buyer Excitement

Sotheby’s Modern Evening Auction on May 13, 2025, achieved $186.4 million in sales but was overshadowed by the failure of its headline lot: Alberto Giacometti’s hand-painted bronze bust *Grande tête mince (Grande tête de Diego)*, estimated at $70 million. The work, consigned by the Soloviev Foundation, went unsold after minimal bidding, lacking a guarantee or irrevocable bid. Other highlights included a strong performance by Edvard Munch and Paul Cézanne works, with 40% of lots exceeding high estimates. Notable sales included Georgia O’Keeffe’s *Leaves of a Plant* ($12.97 million) and Alexander Calder’s *Four Big Dots* ($8.285 million), both fresh to market.

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trending_up market schedule May 14, 2025 visibility 16 link 4 artists

giacometti bust fails to sell at sothebys may 2025 sale 1234742177

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.

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trending_up market schedule May 14, 2025 visibility 23 link 29 artists

$70m Giacometti bombs at patchy Sotheby’s Modern art auction

Sotheby's Modern evening sale in New York on May 13 brought in $152 million ($186.4 million with fees), falling short of its presale estimate of $170 million to $248 million. Four lots were withdrawn before bidding began, including works by Winslow Homer, Wassily Kandinsky, Candido Portinari, and Pierre-Auguste Renoir. The sale's star lot, Alberto Giacometti's bronze bust 'Grande tête mince' (1954/55), estimated at over $70 million, failed to sell when bidding stalled around $64 million. Other notable results included strong sales for Jean Arp, František Kupka, and Robert Delaunay, but several high-profile works by Henri Matisse, Pablo Picasso, Edgar Degas, Pierre Soulages, and David Smith also failed to find buyers.

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article news schedule May 13, 2026 visibility 9

Iran has not withdrawn from 2026 Venice Biennale, pavilion commissioner says

Iran has denied withdrawing from the 2026 Venice Biennale, despite the Biennale's announcement that the country would not participate. Aydin Mahdizadeh Tehrani, director-general of visual arts at Iran's ministry of culture and Islamic guidance and the country's pavilion commissioner, stated that Iran requested more time rather than submitting a withdrawal. He cited the US-Israel war with Iran, political and economic challenges, and a sharp currency devaluation that tripled projected costs as reasons for the delay. Iran proposed a shorter two-to-three-month participation, which was rejected, but has since sent a letter insisting on opening its pavilion even after the opening. The foreign ministry has intervened to support Iran's participation, and a final response from the Biennale is expected soon.

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