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may 2025 art auctions consignors 1234740631

The article previews the upcoming May 2025 marquee art auctions in New York, led by Christie's, Sotheby's, and Phillips. Key consignors include the collection of late Barnes & Noble founder Leonard Riggio and his wife Louise, along with works from Anne and Sid Bass, Tiqui Atencio, Daniella Luxembourg, the estate of Barbara Gladstone, and the San Francisco Museum of Modern Art. Notable lots include Dorothea Tanning's 'Endgame' (est. $1M–$1.5M), Robert Motherwell's 'Elegy to the Spanish Republic No. 160' (est. $3.5M–$5.5M), and Andy Warhol's 'Big Electric Chair' (est. $30M). The article also reveals undisclosed consignors through research, such as the family of Harold and Gertrud Parker for the Tanning work and the Hess Art Collection for the Motherwell.

consignors revealed new york auctions may 2025 2637611

The article reports on the upcoming May 2025 marquee auctions in New York at Christie’s, Sotheby’s, and Phillips, which carry a combined low estimate of about $1.2 billion—similar to last year. However, the market faces headwinds from U.S. trade wars, stock market volatility, high interest rates, and ongoing global conflicts. Major consignors include estates (Len Riggio, Anne Bass), living patrons (Tiqui Atencio, Norman Braman), dealers (Daniella Luxembourg, Barbara Gladstone, Enrico Navara), and institutions (SFMOMA, Virginia Museum of Fine Arts, Phillips Collection). Notable lots include Sheldon Solow’s $70 million Alberto Giacometti at Sotheby’s and Riggio’s $50 million Mondrian at Christie’s. Collector Peter M. Brant is revealed as the seller of Basquiat’s Baby Boom (1982) and a John Currin painting at Christie’s.

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Christie's is offering nine artworks from the collection of Anne and Sid Bass as part of its Spring Marquee Week in May. The works, which include pieces by Mark Rothko, Agnes Martin, Frank Stella, Ellsworth Kelly, Morris Louis, and Gino Severini, were displayed in the Bass House in Fort Worth, Texas—a Modernist residence designed by architect Paul Rudolph in the early 1970s. The house was built to serve both as a home and a gallery for the couple's renowned art collection.

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Christie’s will sell nine works from the Bass House, a Fort Worth, Texas home designed by architect Paul Rudolph for collectors Sid and Anne Bass, in its 20th century evening sale this May in New York. The group, with estimates totaling over $60 million, includes pieces by Mark Rothko, Alexander Calder, Ellsworth Kelly, Frank Stella, Agnes Martin, Gino Severini, and Morris Louis, with the top lot being Rothko’s *No. 4 (Two Dominants) [Orange, Plum, Black]* (1950–51) estimated at around $35 million. The works were carefully placed throughout the house, which was custom-built to prioritize art display, and most remained in their original positions after installation.

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This week's art industry roundup covers major developments across art fairs, auction houses, galleries, and museums. At Expo Chicago, emerging artist Auudi Dorsey sold her painting *Rumble* (2025) for $14,000 on opening day at Palo Gallery, while the fair featured 170 exhibitors including 20 from South Korea amid tariff concerns. Vienna Contemporary appointed Abaseh Mirvali as artistic advisor for 2025-2026. Sotheby's was selected by Barbara Gladstone's estate trustees to sell her collection, starting with a May 15 single-owner sale of 12 works estimated at over $12 million. Nine artworks from the Anne and Sid Bass collection head to Christie's New York, and Sotheby's secured a $70 million Alberto Giacometti sculpture for its May 13 evening sale. Philipp Kaiser departed Marian Goodman Gallery after six years. Customs backlogs from President Trump's import policy changes are causing shipping headaches, with DHL halting business-to-consumer shipments over $800 to the U.S. Air de Paris withdrew from Art Basel. Mexico City gallery OMR hired Agustina Ferreyra as director. Angelica Jopling is expanding her London gallery Incubator to New York. Alexander Gray Associates now represents Donald Moffett. In museums, the National Endowment for the Humanities, following DOGE staff cuts, is offering grants up to $600,000 for statues for Trump's National Garden of American Heroes. CCS Bard appointed Lauren Cornell as artistic director and Mariano Lopez Seoane as graduate program director. The New York Academy of Art named Paul R. Provost president. The Artists' Legacy Foundation appointed Daisy Murray Holman executive director. The Speed Art Museum named Diallo Simon-Ponte assistant curator. The Garage Museum of Contemporary Art in Moscow appointed Daria Kotova director. The Nasher Sculpture Center named Carlos Basualdo director. The Cultural Infrastructure Index reported a 17% drop in completed cultural projects in 2024.

Marquee May auctions in New York come at a volatile moment

New York's marquee spring auctions, beginning May 12, are facing significant headwinds from President Donald Trump's second-term policies, particularly the 'Liberation Day' tariffs and resulting stock-market volatility. Phillips deputy chairman Robert Manley confirms at least one eight-figure work was pulled from sale due to tariffs. The combined Modern and contemporary auctions at Christie's, Sotheby's, and Phillips carry an estimated $1.1bn to $1.5bn in art—the lowest total estimate for spring sales since 2010, roughly $250m lower than May 2024. No nine-figure-estimate lots have been consigned, and the number of catalogued lots is the lowest since 2007 (excluding pandemic and recession years). Single-owner collections dominate, with Christie's securing the $200m Leonard and Louise Riggio collection, including a Piet Mondrian estimated at $50m, and works from Anne and Sid Bass. Sotheby's offers collections from dealers Daniella Luxembourg and others.

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Christie’s spring marquee auctions in New York brought in a combined $489 million with fees across two evening sales: the Leonard & Louise Riggio: Collected Works sale and the 20th Century sale. The Riggio collection, featuring 39 works heavy on Surrealism, modernism, and Minimalism, achieved $272 million with buyer’s premium, led by Piet Mondrian’s Composition With Large Red Plane, Bluish Gray, Yellow, Black and Blue (1922) at $47.56 million and René Magritte’s L’empire des lumières (1949) at $34.9 million. The 20th Century sale included major canvases by Monet, Rothko, and Warhol, but the hammer total of $409 million fell below the $446 million pre-sale low estimate, indicating the auction house did not meet expectations.

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Christie’s held a doubleheader evening sale on May 12, 2025, featuring its regular 20th-century art auction and the Riggio collection. The various-owners sale achieved $216.9 million in total sales after fees, a 52% decline from the $413 million equivalent sale the previous year. The top lot was Claude Monet’s *Peupliers au bord de l’Epte, crépuscule* (1891), which sold for $42.9 million with fees. The sale had a 94% sell-through rate, with 34 of 36 lots sold and none bought in. Notable moments included a new auction record for Dorothea Tanning at $2.3 million and a strong result for Remedios Varo’s *Revelación* (1955) at $6.22 million.

Art from the Bass House by Paul Rudolph

Christie's will offer exceptional works from the Bass House in Fort Worth, Texas, designed by architect Paul Rudolph for Anne and Sid Bass in 1970. The single-owner sale, titled "Art from the Bass House," will be held on 12 May 2025, headlined by a rare Mark Rothko painting from 1950-1951, along with works by Ellsworth Kelly, Alexander Calder, and Frank Stella. The collection will be presented within the 20th Century Evening Sale and the Post-War & Contemporary Art Day Sale, continuing the Bass collection's presence at Christie's after the record-breaking 2022 sale of The Collection of Anne H. Bass.

Christie's 20/21 sales achieve $693 million

Christie's 20th and 21st Century Art sales in New York from 12-15 May 2025 achieved a total of $693 million across six sales, reaching 123% of the low estimate. The top lot was Piet Mondrian's 1922 painting *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue*, which sold for $47.56 million. Other highlights included Claude Monet's *Peupliers au bord de l'Epte, crépuscule* (1891) at $42.96 million, and Marlene Dumas's *Miss January* (1997), which set a record for a living female artist. The Leonard & Louise Riggio collection alone brought $272 million, while the 20th Century Evening Sale achieved $217 million with a 100% sell-through rate. New artist records were set for Dorothea Tanning, Remedios Varo, Louis Fratino, Simone Leigh, and Emma McIntyre.

state of the art market an analysis of global auction sales in the first five months of 2022 2136208

Artnet News, in collaboration with Morgan Stanley and the Artnet Price Database, analyzed global auction sales from January through May 20 for the years 2018 to 2022. The total auction sales for the first five months of 2022 reached $5.7 billion, just barely exceeding the previous high set in 2018. The sell-through rate was 73.4%, the second highest in the period examined. The average price of a work sold surged 180% from 2020 and 26% from 2021, driven by pent-up supply of high-value works. Sales of works priced at $10 million and above grew nearly 50% year-over-year, fueled by major consignments from the estates of Thomas and Doris Ammann, Anne Bass, and Harry and Linda Macklowe. Meanwhile, sales of works under $10,000 increased 43% since 2018, partly due to the rise of online auctions during the pandemic.

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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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Christie's marquee auctions in New York generated $489 million across two sales, led by the $272 million 'Leonard & Louise Riggio: Collected Works' sale and a $217 million 20th century art evening auction. The house guaranteed all 39 lots in the Riggio sale and used third-party guarantees on many others to mitigate risk in a soft market. Top lots included Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black, and Blue* (1922) at $47.6 million, Claude Monet's *Peupliers au bord de l'Epte, crépuscule* (1891) at $49.2 million, and Mark Rothko's *No. 4 (Two Dominants) [Orange, Plum, Black]* (1950–51) at nearly $39 million. Two Warhols were pulled before the sale, highlighting ongoing challenges in selling high-value works at auction.

Walk the auction: your guide to Christie’s 20th and 21st Century Art sales in NY this May

Christie’s is holding its spring 20th and 21st Century Art sales week in New York from 12–15 May 2025, featuring over 500 works across six live auctions. Highlights include the single-owner collection of Leonard and Louise Riggio, led by a rare Piet Mondrian and René Magritte’s *Les droits de l'homme*; the 20th Century Evening Sale headlined by a Claude Monet from his *Les Peupliers* series; and the 21st Century Evening Sale, where Jean-Michel Basquiat’s *Baby Boom* sold for $23.4 million. Other notable consignors include Anne and Sid Bass, Tiqui Atencio, and Ago Demirdjian. The free public exhibition runs from 3–15 May at Christie’s Rockefeller Center galleries.

Record-breaking female Surrealists spice up underwhelming Christie’s New York sales

Christie’s New York spring sales brought in a combined $489 million across two evening auctions, including the Leonard and Louise Riggio collection ($272 million) and a 20th-century evening sale ($216 million). While sell-through rates were high at 94%, bidding was shallow and several high-profile lots underperformed: a Mondrian estimated at $50 million sold for $47.6 million, a Magritte from the Empire of Light series matched its 2023 price at $34.9 million, and a Lucio Fontana canvas that sold for $14 million in 2017 fetched just $7.5 million. Andy Warhol’s Big Electric Chair was withdrawn last minute amid a reported $10 million gap between seller and buyer expectations. The sales were bolstered by third-party guarantees and came hours after news of a temporary US-China tariff détente.