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Art Basel 2025

Art Basel 2025 opened with strong preview-day sales, surprising many galleries after a tough year in the art market. Dealers reported a 'buyer's market' with price reductions and flexibility, while high-priced works by Jeff Koons, Michael Armitage, Adrian Ghenie, and Frank Bowling sold. The fair introduced a new section called Premiere for works made in the past five years, aimed at easing participation for small to mid-sized galleries. Satellite fairs including Africa Basel, Liste, Volta, and Maze Design Basel also launched or celebrated anniversaries. Other highlights include the Baloise Art Prize awarded to Rhea Dillon and Joyce Joumaa, a Holbein drawings rehang at Kunstmuseum Basel, and a visa denial for artist Richard Mudariki. Qatar took center stage ahead of a new fair in 2026, and limited-edition Labubu figurines caused a frenzy at the Art Basel Shop.

Tanks, castles and Hodlers: Swiss foundation tackles a fervent collector’s legacy

The Swiss Foundation for Art, Culture and History (SKKG) has spent years cleaning, inventorying, and digitizing the chaotic collection of Bruno Stefanini, a real estate magnate and obsessive hoarder who died in 2018. His estate included over 100,000 objects—ranging from valuable paintings by Ferdinand Hodler and Cuno Amiet to a full-sized tank, Kaiser Wilhelm II’s portable washroom, and Charlie Chaplin’s pajamas—many contaminated with mildew, asbestos, or radioactivity. The collection is now searchable online, and the foundation, led by Stefanini’s daughter Bettina, is conducting provenance research and considering restitution of works with Nazi-era looting concerns.