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the venice biennale spotlights the market for latin american art 2502919

The Venice Biennale, often called the 'Olympics of the art world,' is spotlighting Latin American art in its 2024 edition. Curated by Adriano Pedrosa, director of the São Paulo Museum of Art and the first South American and openly queer person to hold the role, the exhibition titled 'Foreigners Everywhere' features over 330 artists, with more than 80 having ties to Latin America—about 24 percent of the show, up from 11 percent in 2022. The article examines the market for Latin American art, noting that while auction records exist (e.g., Frida Kahlo's $34.9 million painting), total auction volume for Latin American artists has declined from $388.3 million in 2015 to $245.5 million last year, reflecting a specialized market dominated by a few internationally recognized figures.

Tefaf New York wishlist: a Tiffany window and an Egyptian goddess with a nose job

The article highlights three standout artworks being offered at Tefaf New York. A Tiffany Studios stained-glass window, "Birches and Irises" (around 1915), designed by Agnes Northrop, is priced at $1.25 million through Macklowe Gallery. An Egyptian goddess bust from 570-526 BC, rediscovered at a regional auction in England and later authenticated after scientific study, is offered for £1.5 million by David Aaron. A painting by Cecily Brown, "Functor Hideaway" (2008), is listed at $3.9 million by Berggruen Gallery, coinciding with her current exhibition at London's Serpentine Gallery.

5 highlight artnet auctions 2643509

Artnet Auctions has launched its latest Post-War and Contemporary Art sale, featuring works by Damien Hirst, Donald Judd, Francis Alÿs, Fernando Botero, and A.R. Penck. Bidding is open through May 22, 2025, with highlights including Hirst's impasto 'Cherry Blossoms' painting 'Gilded Blossom' (est. $100,000–$150,000), Judd's plywood 'Untitled' (1979), and a figurative work by Tom of Finland alongside an Andy Warhol lot.

baku azerbaijan art week 2731495

The article recounts the author's experience attending Baku Art Weekend in Azerbaijan, a festival centered at the Zaha Hadid-designed Heydar Aliyev Centre. The event featured a major exhibition of Fernando Botero's work, "The Triumph of Form," alongside kinetic installations by Daniel Wurtzel and sculptures by Jorge Marín. The festival is shaped by Leyla Aliyeva, vice president of the Heydar Aliyev Foundation and daughter of Azerbaijan's president, who aims to position Baku as a global cultural capital.

state of the art market understanding regional differences in the globalized art market 2444281

Artnet News and Morgan Stanley have released an analysis of the global art market, examining auction performance by artists from different regions over the past decade. The report breaks down sales by region—North America, Europe, Asia-Pacific, Africa, Latin America and the Caribbean, and the Middle East—and by genre categories including Old Masters, Impressionist and Modern, Postwar and Contemporary, and Ultra-Contemporary. Key findings show that North American and European artists dominate the market, while African-born artists have seen notable but uneven growth, and Asia-Pacific-born artists have experienced a marked decline.

intersect aspen art and designs 2025 2670505

Intersect Aspen Art and Design Fair returns for its 2025 edition from July 29 to August 3, featuring the largest roster of galleries and programming in its 15-year history. Highlights include works by Shepard Fairey, Pierce Brosnan, and Fernando Botero, with artists such as Cristina Mittermeier, David Drebin, and Kay Seohyung Lee in attendance. The fair will also host talks and signings with photographer Maryam Eisler and a panel on art and the Aspen community.

sylvester stallones palm beach house has works by warhol condo botero and many other contemporary art stars 1234751983

Sylvester Stallone and Jennifer Flavin's Palm Beach home, featured in a Veranda profile, showcases their extensive contemporary art collection. The house includes works by Andy Warhol, George Condo, Damien Hirst, Bridget Riley, Fernando Botero, Rashid Johnson, Sterling Ruby, and LeRoy Neiman, among others. Stallone, who began collecting at age 16, treats the home as a constantly rotating gallery, with a long hallway kept blank for changing displays and a dining room anchored by a Hirst mosaic and Condo abstract. The collection is integrated into daily life, with art hanging in the screening room, entry, and even near the gym.

A young Richter’s painting of an even younger Polke and a once-grimy Brazilian landscape by Frans Post: our pick of the May auctions

The article previews five major lots coming to auction in New York in May 2025, spanning Phillips, Sotheby's, Christie's, and Bonhams. Highlights include Gerhard Richter's 'Mann mit zwei Kindern' (1966), a portrait of Sigmar Polke estimated at $4–6 million; Frans Post's 'View of Olinda with Ruins of the Jesuit Church' (1666), estimated at $6–8 million and expected to break the artist's record; Andy Warhol's 'Big Electric Chair' (1967–68), estimated around $30 million; and Fernando Botero's 'The Bed' (1982), estimated at $700,000–$1 million. Each work is making its auction debut or is a rare market appearance.

sothebys second sale saudi arabia results 1234771783

Sotheby's second auction in Saudi Arabia, titled 'Origins II,' achieved a strong result of $19.6 million, surpassing its presale estimate. The sale of 61 lots was bolstered by a new auction record for a Saudi artist and a significant increase in the value and volume of works by Saudi artists sold compared to the house's inaugural sale in the country last year.

lalanne auction london 2637852

A rare complete set of Claude Lalanne's green-painted 'Ginkgo' dining suite will be auctioned at Christie's London on June 5, 2025, as part of a single-owner sale from the collection of Baron Diego von Buch. The 12-piece set, sold as four individual lots, is expected to fetch over £1 million ($1.4 million) total, with individual estimates ranging from £100,000 to £300,000 per lot. The sale includes 100 lots from von Buch's homes across Europe, featuring works by François-Xavier Lalanne, Fernand Léger, Fernando Botero, and Lee Ufan.

wayne thiebaud pie bonhams 2637637

Wayne Thiebaud's 1961 painting *Pie a la Mode* will headline Bonhams' 20th and 21st century sale in New York on May 14, with an estimate of $1.2 million to $1.8 million. The work, which depicts a lone slice of pie with melting ice cream against a stark black background, is making its auction debut after six decades in a private collection. The 25-lot sale also includes works by Willem de Kooning, Alexander Calder, Fernando Botero, Joel Shapiro, and Ernie Barnes.

George Morrison painting highlights May 7, 2026 Heritage sale

Heritage Auctions will offer George Morrison's painting *Palisade* (1958) as the highlight of its May 7, 2026 Modern & Contemporary Art Signature Auction. The 76-lot sale features a global survey of postwar and contemporary abstraction, including works by Takeo Yamaguchi, Fritz Winter, Andy Warhol, Tom Wesselmann, Wayne Thiebaud, Fernando Botero, David Bates, KAWS, and George Rickey.

Monet, Picasso & More: Houston's Newest Gallery Is Now Open And Is Completely FREE To Visit

Opera Gallery has officially opened its first Texas location in Houston’s River Oaks district, marking the 16th global space for the Singapore-founded network. The inaugural exhibition, running through April 19, 2026, features a high-caliber selection of Modern and Post-War masterworks by Claude Monet, Pablo Picasso, and Marc Chagall alongside contemporary pieces by Yayoi Kusama and Kehinde Wiley. The gallery is free to the public and intends to host several curated exhibitions annually.

Houston Has a New Art Gallery with Picassos—and It’s Free

Opera Gallery has officially opened its first Texas location in Houston’s River Oaks District, debuting with a high-caliber exhibition featuring original works by masters such as Pablo Picasso, Marc Chagall, and Yayoi Kusama. The space functions as a hybrid between a commercial gallery and a museum, offering the public free access to museum-quality pieces that are typically held in private collections or behind glass.

Beatriz González, indefatigable force in Colombian art, has died, aged 93

Beatriz González, the influential Colombian artist, writer, curator, educator, and intellectual known as 'la maestra,' died in Bogotá on January 9 at age 93. Born in 1932 in Bucaramanga, she studied architecture and fine arts before forging a distinctive path in Colombian art, rejecting abstraction and the style of her contemporary Fernando Botero. Her work, including the series 'Suicidas del Sisga' (1965) and 'La Encajera,' reinterpreted Western artworks and local press photographs with flat forms and vibrant colors, often incorporating kitsch and subaltern aesthetics. She was a key figure in the Museo de Arte Moderno de Bogotá (Mambo), envisioned a school for museum guides, served as chief curator of the Museo Nacional de Colombia, and mentored generations of museum professionals.

Sotheby’s secures $120m Pritzker and $400m Lauder collections, with works by Matisse, Munch and Van Gogh

Sotheby’s has secured two major private collections for its autumn New York sales: the Pritzker collection, estimated at $120 million, and the Lauder collection, valued at around $400 million. The Pritzker collection includes Vincent van Gogh’s *Romans Parisiens* (1887) with a $40 million estimate, while the Lauder collection features Gustav Klimt’s *Portrait of Elisabeth Lederer* (1914-16) estimated at over $150 million, along with works by Matisse, Munch, and Martin. The sales will take place at Sotheby’s new headquarters in the Breuer Building this November.

Why is the art market turning Gulf-wards?

The art market is shifting its focus toward the Gulf region, particularly Saudi Arabia and the United Arab Emirates, following a sharp decline in Chinese luxury goods sales (18–20% drop in 2024) and a 31% slump in Chinese art sales. Auction houses like Sotheby’s and Christie’s have established outposts in Saudi Arabia, with Sotheby’s first auction in Diriyah generating $17.3 million and attracting 35% new buyers. The UAE’s tax-haven status and lack of sanctions on Russians have drawn wealthy residents, while Saudi Arabia’s Vision 2030 campaign, led by Mohammed bin Salman, is pouring money into cultural projects such as AlUla, Art Week Riyadh, the Islamic Arts Biennale, and a new teamLab Borderless museum in Jeddah.

‘Soft Reins’ art exhibition in Palm Beach explores horses as muses

The exhibition 'Soft Reins: From Degas to Fordjour' opened at Acquavella Galleries in Palm Beach's Royal Poinciana Plaza. Curated by artist Tomokazu Matsuyama, it presents works by a range of artists, from historical figures like Edgar Degas and Pablo Picasso to contemporary names like Derek Fordjour and Sarah Miska, all exploring equestrian themes.

Together in doom: tense paintings of social ills feature at Tefaf New York

VIPs attended the opening of Tefaf New York at the Park Avenue Armory on 8 May, where a surprising number of dark, oppressive works stood out amid the usual luxury offerings. Highlights include Anne Imhof's entire stand at Sprüth Magers, featuring her painting *Untitled* (2024) showing figures holding hands before an atomic bomb (sold for €250,000), Fernando Botero's *El Nuncio* (1987) critiquing clerical power, Paula Rego's *The Bullfighter's Godmother* (1990-91) exploring dominance and loss, and George Grosz's interwar depictions of Berlin's social decay.

Pinta Lima Offered Curated Content–and Context–for the Curious

Pinta Lima, the 13th edition of the art fair, opened with a vibrant VIP preview and strong attendance of 16,000 visitors. The fair features around 50 booths and special presentations, with a curation-driven approach that includes sections like NEXT (curated by Juan Canela) and RADAR (curated by Ilaria Conti), as well as FORO panel discussions. The fair emphasizes Latin American art, particularly Peruvian contemporary art, and is part of the broader Pinta network that stages fairs and Art Weeks across Latin America and the U.S. Textile, fiber, and ceramic works are notably prominent, recontextualizing indigenous craft traditions.

POST-WAR & CONTEMPORARY ART DAY SALE TOTALS $66,301,630 - Christie's

Christie’s New York concluded its Post-War & Contemporary Art Day Sale on November 10, 2023, generating a total of $66.3 million. The auction saw strong performance across the board, selling 85% by lot and achieving 102% of the hammer price against low estimates. High-profile works by Andy Warhol, Jean-Michel Basquiat, and Hans Hofmann led the results, contributing to a massive Marquee Week running total of over $814 million.

Heartware Store transforms into a love hotel for a NSFW art exhibition by Taiwanese artist IKUIKU

Heartware Store & Gallery in Singapore has been transformed into a love hotel for a NSFW art exhibition by Taiwanese artist Ikuiku, titled 'Ikuiku Love Hotel.' Running from January 24 to March 15, 2026, the solo show pairs cute, seemingly innocent illustrations with sexual humor, featuring risograph prints, a new zine debut, and themed merchandise such as hotel keychains, towels, memo pads, and a condom blind box. The opening weekend includes an invite-only preview, live portrait drawing, and an artist talk.

NSU Art Museum Presents Major Exhibition of Latin American Works

NSU Art Museum Fort Lauderdale has announced 'Shared Dreams,' a major exhibition opening September 21, 2025, that celebrates a transformative gift of 88 works of 20th-century Latin American art from collectors Stanley and Pearl Goodman. The exhibition features pieces by Leonora Carrington, Diego Rivera, Frida Kahlo, Wifredo Lam, Fernando Botero, Remedios Varo, Joaquín Torres-García, Roberto Matta, and Alice Rahon, among others, and runs through September 13, 2026.

BOTERO RETURNS TO SEOUL WITH HIS LARGEST RETROSPECTIVE IN ASIA

Fernando Botero (1932–2023) returns to Seoul with his largest retrospective in Asia, opening this Friday at the Hangaram Art Museum, Seoul Arts Center. Curated by Lina Botero and organized with the Fernando Botero Foundation, the exhibition features over 112 works, several never before exhibited. The show, titled "Fernando Botero: The Triumph of Form," runs through August 30, 2026, and highlights the Colombian master's signature visual language of volume, sensuality, irony, and humanity.