Vasari Art Codex

trending_up market schedule Apr 15, 2026 visibility 9 link 9 artists, 1 gallery

Photography, a rapidly growing market: global auctions up 19% and increasing space for contemporary art.

The global photography market experienced a significant surge in 2025, with auction turnover at major houses like Christie's, Sotheby's, and Phillips rising 19.1% to $40.4 million. A key trend identified in the Deloitte Private report is the shift away from specialized photography-only auctions toward the integration of high-value photographic works into broader modern and contemporary art sales. This transition has helped drive the average hammer price up by nearly 39%, as seen with million-dollar results for artists like Man Ray, Cindy Sherman, and William Eggleston.

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trending_up market schedule Jan 9, 2026 visibility 1 link 5 artists, 3 galleries

barnes foundations coo heritage auctions sales 1234769339

The Barnes Foundation has promoted Will Cary to Executive Vice President and Chief Operating Officer, where he will oversee new revenue initiatives, the Calder Gardens partnership, and a newly formed Brand department. Bukia Vakhania Gallery (formerly Gallery Artbeat) is opening a Berlin location on January 15 with a solo show by Nina Kintsurashvili. Heritage Auctions reported $2.2 billion in sales for 2025, its highest-ever annual total, driven by coins, comics, sports memorabilia, and illustration art. Antenna Space will open a Hong Kong outpost in March 2026, directed by Jeff Li. A Deloitte Private and ArtTactic report reveals that 50% of non-bank art lenders experienced loan defaults in 2024, up from 17% in 2023.

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trending_up market schedule Jan 6, 2026 visibility 1 link 3 artists, 1 gallery

non bank art loans defaults rise deloitte private arttactic 1234768867

Half of non-bank art lenders experienced loan defaults in 2024, up from 17 percent in 2022, according to the Art and Finance Report 2025 by Deloitte Private and ArtTactic. The report notes that while the wider art market has shrunk since 2022—sales fell 12 percent to $57.5 billion in 2024—the market for art-backed loans has grown to an estimated $33.9–$40 billion. Non-bank lenders are increasingly taking on riskier clients, with some charging over 15 percent interest, while private banks reported zero defaults in 2024.

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article news schedule Jan 6, 2026 visibility 1 link 3 artists, 2 galleries

defaults on art loans soar impact of australias social media ban on museums writer takes aim at singapore biennial morning link for january 6 2025 1234768881

The Financial Times reports that half of non-bank lenders offering loans against artworks experienced defaults in 2024, up from 17% two years earlier, according to the Art and Finance Report 2025 by Deloitte Private and ArtTactic. The art market has shrunk 12% to $57.5 billion since 2022, dragging down collateral values and triggering margin calls. Meanwhile, Australia's social media ban for under-16s raises questions for museums, with the Art Gallery of New South Wales noting minimal impact but the Museum of Contemporary Art Australia more reliant on youth engagement. Other news includes Vanessa Horabuena's speed-painted Jesus sold for $2.75 million at Mar-a-Lago, the cancellation of NFT Paris and RWA Paris 2026, and a critical column calling for the end of the Singapore Biennial.

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