Vasari Art Codex

trending_up market schedule Dec 17, 2025 visibility 2 link 1 artist, 3 galleries

sothebys 2025 sales results analysis 1234767117

Sotheby's is projecting $7.0 billion in consolidated 2025 sales, a 17% increase over the previous year and the strongest result in the company's history. Auction sales rose 26% to $5.7 billion, driven by high-quality consignments including the Leonard A. Lauder Collection and a $236.4 million Klimt painting. Luxury sales climbed 22% to $2.7 billion, while RM Sotheby's surpassed $1 billion for the first time. The opening of Sotheby's new global headquarters at the Breuer Building was a commercial centerpiece, generating $1.17 billion in its inaugural week. The company also expanded rapidly in the Middle East, staging the first international auction in Saudi Arabia and launching Collectors' Week in Abu Dhabi.

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article news schedule Dec 18, 2025 visibility 1 link 1 artist, 1 gallery

career coach survey artists careers paddy johnson 1234767331

New York artist mentor Paddy Johnson released the inaugural New Visions Report on Wednesday, surveying 1,000 mid-career artists to assess their careers with the same data-driven approach used for other businesses. The report, produced with arts journalist Julia Halperin and Gray Market columnist Tim Schneider, reveals that 75 percent of surveyed artists earn $15,000 or less from their practice, 45 percent earned less in 2025 than in 2024, and 56 percent say debt influences their decisions. Despite these struggles, 73 percent remain optimistic about their careers. The report also found that even the most successful artists—those with gallery representation and museum shows—face debt and lack basic systems like estate plans, while 82 percent want more gallery and museum opportunities but are unsure how to achieve them.

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trending_up market schedule Dec 31, 2025 visibility 4 link 15 artists, 2 galleries

Observer’s 2025 Art Market Recap: Recovery After a Year of Recalibration

After a turbulent start marked by gallery closures and market contraction, the art market in 2025 rebounded decisively, driven by a secondary-market surge in high-quality consignments. Major auction houses reported strong year-end results: Sotheby's projects $7 billion in consolidated sales (up 17%), Christie's expects $6.2 billion (up 7%), and Phillips reported $927 million (up 10%). Key sales included the $272 million Leonard & Louise Riggio collection at Christie's, the $527.5 million Lauder collection at Sotheby's (led by a $236.4 million Gustav Klimt), and the $136 million Karpidas sales. The year began quietly but gained momentum after summer, with deep bidding and strategic pricing driving a 26% increase in Sotheby's auction revenue and an 11% overall rise in fine art sales across Old Masters, Impressionist, Modern, Post-War and Contemporary categories.

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article policy schedule Nov 12, 2025 visibility 1

trump cuts museums funding aam report 1234761254

A new survey from the American Alliance of Museums (AAM) reveals that one-third of American museums have lost government grants and contracts since President Donald Trump took office. Based on responses from 511 museum directors, the report documents funding cuts from federal agencies including the Institute of Museum and Library Services (IMLS), the National Endowment for the Humanities (NEH), and the National Endowment for the Arts (NEA). These losses have forced museums to defer infrastructure improvements, cancel programming for underserved communities, and lay off staff. Some institutions have taken legal action, and a court ruling in May halted further dismantling of the IMLS. The Mellon Foundation has offered emergency grants, but two-thirds of surveyed museums have been unable to replace lost funding, with a median grant loss of $30,000.

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trending_up market schedule Jan 14, 2026 visibility 3 link 1 artist

christies jimmy carter paintings auction 1234769854

Christie’s is auctioning four paintings by former US President Jimmy Carter this month, with estimates under $15,000. Three works—Mountain Waterfall (2003), Steeple (2010), and A Still Life (An Angry Pomegranate)—are part of the online sale “The American Collector,” closing January 27, while The Hornet’s Nest (2003) will be offered in a live day sale titled “We the People: America at 250” on January 23. Bidding has already exceeded estimates, with Steeple reaching $24,000. The paintings come from a larger trove of Carter family personal items, with proceeds benefiting the Carter Family Foundation.

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museum exhibitions schedule Sep 1, 2025 visibility 1 link 6 artists, 2 galleries

amy sillman cameron martin sikkeman jenkins malloy dia bridgehampton 1234750430

Artist Cameron Martin discusses his new exhibition “Baseline” at Sikkema Malloy Jenkins in New York with fellow painter Amy Sillman. The conversation explores Martin’s shift from earlier landscape-derived graphic paintings to a more abstract approach involving “almost signs”—forms where signifier and signified don’t fully align. Martin describes his work as engaging with paradox and contradiction, using surrogates for gesture and juxtaposing elements that don’t quite fit together, which can produce a sense of humor or drollness.

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article news schedule Aug 21, 2025 link 2 artists, 2 galleries

sothebys institute of art under federal hcm2 finances 1234749624

Sotheby's Institute of Art (SIA), a for-profit graduate school in London and New York, has been under the U.S. Department of Education's 'Heightened Cash Monitoring 2' (HCM2) designation since December 2023, a status reserved for institutions with serious financial or compliance concerns. The designation bars the school from receiving federal financial aid in advance, requiring it to front its own funds and seek reimbursement. Public records and financial filings reveal that SIA has fallen below federal 'financial responsibility' baselines, and its UK auditors noted 'material uncertainty' about the school's ability to continue as a going concern, though management asserts it has adequate resources.

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