Vasari Art Codex

article news schedule Jul 8, 2025 visibility 4 link 13 artists, 7 galleries

paint drippings art industry news jul 7 2664592

This week's art industry news covers major auction results, gallery changes, and restitution developments. At Christie's Old Masters evening sale in London, Canaletto's "The Return of the Bucintoro on Ascension Day" set a new auction record for the artist at £31.9 million ($43.9 million), leading the sale to a total of £60.8 million. Sotheby's Old Masters evening sale brought in £14.5 million, with three new records including Diana de Rosa's "Salome with the Head of Saint John the Baptist" selling for £317,500. A rare early watercolor by Man Ray, "Nude Playing Musical Instrument" (1913), resurfaced after decades and will be auctioned at Dreweatts. In gallery news, Blum gallery laid off most of its staff and plans to cease brick-and-mortar operations, while Waddington Custot announced a new Paris space, and Company Gallery hired Subhas Kim Kandasamy as executive director. White Cube now represents Firenze Lai, and JD Malat Gallery launched a new initiative for UAE artists. In restitution, the Netherlands returned 119 Benin Bronzes to Nigeria, and the Museum of Fine Arts, Boston, transferred two Benin works to the Oba of Benin.

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trending_up market schedule Jul 3, 2025 visibility 4 link 6 artists, 2 galleries

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A rediscovered oil painting by J.M.W. Turner, titled *The Rising Squall, Hot Wells, from St Vincent’s Rock, Bristol*, sold for £1.9 million ($2.6 million) at Sotheby’s Old Masters and 19th Century Paintings evening auction in London—more than six times its high estimate. The work, painted in 1792 when Turner was 17, had been misattributed and sold for just $506 at a Dreweatts auction the previous year. After cleaning revealed Turner’s signature, scholars confirmed its authenticity, and it was identified as Turner’s first publicly exhibited oil painting, exhibited at the Royal Academy in 1793. The winning bidder was a private collector in the U.K., outbidding Bristol Museum and Art Gallery, which had raised over £100,000 from donors in a failed attempt to acquire the work.

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trending_up market schedule Jun 9, 2025 visibility 2 link 3 artists, 2 galleries

lost turner auction sothebys london 1234744537

One of J.M.W. Turner's earliest oil paintings, *The Rising Squall, Hot Wells, from St Vincent's Rock, Bristol*, painted when he was 17, will be auctioned at Sotheby's London with an estimate of £200,000–£300,000. The work had been misattributed for decades and sold last year at Dreweatts for just £600–£800 as a work by a follower of Julius Caesar Ibbetson, before cleaning revealed Turner's signature. The painting was originally exhibited at the Royal Academy in 1793 and had not been publicly displayed for 167 years.

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trending_up market schedule Jul 11, 2025 visibility 3 link 6 artists

man ray rediscovered 2663935

A rediscovered watercolor sketch by Man Ray, created in 1913 when he was in his early twenties, has resurfaced after decades in an attic and sold for £18,000 ($24,000) at Dreweatts auction house in Newbury, England, on July 10. The work, titled *Nude Playing Musical Instrument [Study for “Tapestry Painting”]*, is a preparatory study for a lost larger oil-on-linen tapestry and offers rare insight into the artist's pivotal transition from traditional painting to avant-garde experimentation inspired by European modernism encountered at the 1913 Armory Show.

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trending_up market schedule Jun 23, 2025 visibility 2 link 1 artist

UK city council launches £100,000 appeal to buy rediscovered Turner painting

Bristol City Council has launched a one-week public fundraising campaign to raise £100,000 toward purchasing a newly attributed J.M.W. Turner oil painting, *The Rising Squall, Hot Wells, from St Vincent’s Rock, Bristol*, which is consigned to auction at Sotheby’s London on 2 July with an estimate of up to £300,000. The painting, made in 1792 when Turner was 17, was previously sold at Dreweatts Donnington Priory for £524.80 as a work by a follower of Julius Caesar Ibbetson. If acquired, the work would go on display at Bristol Museum and Art Gallery this summer and will also be included in the upcoming *Turner and Constable* exhibition at Tate Britain.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Jun 9, 2025 visibility 1 link 2 artists

Newly attributed Turner painting, last sold for £500, goes under the hammer at Sotheby's with £300,000 estimate

A painting attributed to JMW Turner, titled *The Rising Squall, Hot Wells, from St Vincent’s Rock, Bristol*, is set to be auctioned at Sotheby’s London on 2 July with an estimate of £200,000–£300,000. The work was sold last year at Dreweatts Donnington Priory for just £524.80, then catalogued as a follower of Julius Caesar Ibbetson. After a collector purchased it and arranged restoration, Turner’s signature was uncovered, and leading Turner scholars unanimously endorsed the attribution. The painting, made in 1792 when Turner was 17, depicts Hot Wells House in Bristol and was exhibited at the Royal Academy in 1793.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Jul 8, 2025 visibility 4 link 5 artists

Works by Stanley Spencer 'never been seen before' to be auctioned this week

A collection of previously unseen artworks and personal memorabilia from the Stanley Spencer family archives will be auctioned this week. The sale, titled 'Kindred Spirits: The Artistic World of Sir Stanley Spencer,' includes drawings, paintings, early sketchbooks, letters, and personal artefacts that have never been published or exhibited. The collection was consigned by the Estate of Sir Stanley Spencer and offered by his grandson John Spencer, the last direct descendant, following the deaths of Spencer's daughters. The auction takes place at Dreweatts' Modern & Contemporary Art sale on July 10, 2025, featuring works by Spencer, his wife Hilda Carline, and his brother Gilbert Spencer.

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