Art News. Vasari Codex

trending_up market schedule Jun 11, 2025 visibility 12 link 4 artists, 1 gallery

bronze rhinoceros desk francois xavier lalanne sothebys

A life-size bronze rhinoceros desk by François-Xavier Lalanne, titled *Grand Rhinocéros II* (2003), sold for $16.422 million at Sotheby’s Important Design day sale in New York on June 11. The piece, which measures over four feet wide and 8.5 feet long, had a pre-sale estimate of $3–5 million. After 45 bids over 13 minutes, it hammered at $13.75 million, with the final price including buyer’s premium. The sculpture was the first of eight editions and had been acquired from Galerie Mitterand in Paris in 2003.

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trending_up market schedule Jun 12, 2025 visibility 10 link 5 artists

francois xavier lalanne rhinoceros bar sothebys

Sotheby's design sale in New York achieved the second highest auction price ever for a work by French artist François-Xavier Lalanne, with his monumental sculpture desk *Grand Rhinocrétaire II* (1964) selling for $16.4 million—more than triple its $5 million high estimate. The piece, which opens into a fully functional writing desk, sparked a 13-minute bidding battle. Just weeks earlier, another Lalanne work, *Bar aux Autruches* (1967–68), sold for €11.1 million at Sotheby's Paris. The all-time record for Lalanne remains $19.4 million for *Rhinocrétaire I*, sold at Christie's Paris in 2023.

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trending_up market schedule Jul 15, 2025 visibility 13 link 12 artists

Top auction houses draw Southeast Asia’s elite art buyers

Auction houses Sotheby's, Christie's, and Bonhams are seeing a surge in participation from wealthy Southeast Asian collectors, particularly Millennials and Gen Z. Elaine Holt of Sotheby's Asia reports significant growth in collector activity from the region, with strong bidding at recent Hong Kong sales. Christie's Asia-Pacific president Francis Belin notes Southeast Asia is now the firm's third-largest buying market in Asia-Pacific, led by Singapore and Indonesia, with notable increases from Vietnam. Bonhams' managing director for Asia, Julia Hu, reports a 67% year-on-year rise in Southeast Asian auction spending. Younger buyers are driving demand, with Millennials and Gen Z accounting for 37% of Bonhams' Hong Kong buyers and 40% of Sotheby's Hong Kong marquee sales. A Renoir painting sold for $23.56 million to a collector in their 30s, highlighting youthful buying power.

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