Art News. Vasari Codex

trending_up market schedule Dec 10, 2025 visibility 46 link 20 artists, 6 galleries

kenny schachter column larry g michael werner gallery 2719655

Kenny Schachter's column reports on the fallout at Michael Werner Gallery following the departure of star artist Peter Doig. Co-owner Gordon VeneKlasen is accused of expensing luxury items—including private jets, Hamptons helicopter rides, and even a solo helicopter trip for his Labrador Retriever—while the gallery faced financial strain. The partnership is dissolving, with VeneKlasen moving to Los Angeles to open his own gallery and listing his West Village home for $20 million. Meanwhile, Schachter also notes Pace Gallery's financial troubles, with founder Arne Glimcher stepping in to stabilize operations.

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trending_up market schedule May 14, 2026 visibility 22 link 10 artists, 2 galleries

How Christie’s Recruited Nicole Kidman to Sell S.I. Newhouse’s $100 Million Brancusi

Christie's has released a promotional video featuring actress Nicole Kidman to advertise the upcoming auction of Constantin Brancusi's bronze sculpture *Danaïde* (1913), estimated at $100 million. The sculpture comes from the collection of the late media mogul S.I. Newhouse, who purchased it for $18.2 million in 2002. The nearly two-minute film, shot at Christie's Rockefeller Center headquarters, shows Kidman interacting with the work and was conceived by former Sotheby's auctioneer and Newhouse estate advisor Tobias Meyer. The sale is scheduled for May 18 in New York.

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trending_up market schedule Apr 15, 2026 visibility 36 link 7 artists

ken griffin global recession iran strait of hormuz 1234781281

Billionaire hedge fund manager and prominent art collector Kenneth C. Griffin has issued a stark warning regarding the global economy, stating that a recession is inevitable if the Strait of Hormuz remains closed through the end of the year. Speaking at the Semafor World Economy summit, Griffin highlighted that the closure of this vital oil passageway has created energy shocks and treacherous conditions for central bankers, potentially forcing further interest rate hikes to combat inflation.

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trending_up market schedule Apr 14, 2026 visibility 57 link 38 artists, 6 galleries

Gallery Not Paying? Call Kenny Schachter’s Kollection Agency. He Gets Results!

Art world provocateur Kenny Schachter addresses the current climate of anxiety within the industry, touching on everything from the existential threats of advanced AI tools like Anthropic’s Mythos to the 'doomster' narratives of market analysts. Amidst reports of dwindling demand and galleries struggling with non-paying clients, Schachter highlights the enduring value of historical works, such as a 1799 Goya etching, while dismissing claims that screens are replacing physical art in the home.

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trending_up market schedule Jun 30, 2025 visibility 13 link 8 artists

ken griffin 13th amendment copy sothebys 1234746499

Billionaire hedge fund founder Kenneth C. Griffin has been revealed as the buyer of President Abraham Lincoln's handwritten copy of the 13th Amendment, which sold at Sotheby's for $13.7 million including buyer's premium. The document, one of only four privately held copies, was part of Sotheby's "Fine Books and Manuscripts, Including Americana" sale. Griffin also acquired a signed copy of the Emancipation Proclamation for $4.4 million. The auction house announced the winner on Monday, noting that Griffin secured the amendment by phone after competitive bidding.

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trending_up market schedule May 28, 2025 visibility 16 link 15 artists

hot lots and top flops 6 artworks that had shocking results at the marquee may auctions 2646787

Artnet News analyzed six standout lots from the marquee May auctions at Christie's and Phillips, highlighting both surprising successes and failures. Among the 'hot lots,' Mark Tansey's study for "The Enunciation" (1992–93) sold for $3.2 million at Christie's—over ten times its low estimate—while Henri Matisse's tiny portrait "Henriette, robe jaune" (1923) fetched $1.4 million, nearly quadrupling expectations. Firelei Báez's "Untitled" (2017) also soared, selling for $381,000 at Phillips, more than triple its high estimate. The article contrasts these with 'top flops,' though the provided text focuses on the successes.

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article news schedule May 20, 2025 visibility 17 link 12 artists, 1 gallery

artists pull work whitney isp show palestine performance canceled 1234743072

A group of artists participating in the Whitney Museum's Independent Study Program (ISP) have withdrawn their work from a capstone exhibition at Westbeth Gallery to protest the museum's cancellation of a pro-Palestine performance. The performance, titled "No Aesthetics Outside My Freedom: Mourning, Militancy, and Performance," by artists Fadl Fakhouri, Noel Maghathe, and Fargo Tbakhi, was scheduled for May 12 as part of the ISP curatorial exhibition "a grammar of attention." The Whitney canceled it after viewing a recording of an earlier presentation, citing the performers' demand that attendees who believe in Israel leave the audience and the valorization of specific acts of violence. ISP Associate Director Sara Nadal-Melsió stated that the cancellation was imposed by Whitney leadership, including director Scott Rothkopf, and that the independence of the ISP has been seriously compromised.

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trending_up market schedule Feb 4, 2026 visibility 26 link 11 artists, 1 gallery

ken griffin basquiat stephen friedman gallery 2742519

London's Stephen Friedman Gallery is facing serious financial difficulties, with its 2024 financial reports overdue and its 2023 accounts revealing a loss of £1.7 million. The gallery, which recently expanded with a large new London space and a New York outpost, is reliant on external financing and negotiations with creditors to continue operating, casting significant doubt on its future viability.

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museum exhibitions schedule May 23, 2025 visibility 14 link 6 artists, 1 gallery

Gagosian's spring show skips and rhymes through De Kooning's career

Gagosian Gallery in New York has opened "Willem de Kooning: Endless Painting," a non-chronological exhibition curated by Cecilia Alemani that spans the artist's career from 1944 to 1986. The show features institutional loans from MoMA and the Guggenheim, includes two sculptures—including the colossal bronze "Standing Figure" displayed indoors for the first time in nearly 30 years—and runs through June 14. A panel with artists John Currin and Dana Schutz will explore de Kooning's influence on May 15.

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museum exhibitions schedule Apr 3, 2026 source 3 sources visibility 24 link 1 artist

Record-Breaking $110.5 M. Basquiat Painting, Now Owned by Ken Griffin, to Go on View in Miami This Summer

The Pérez Art Museum Miami will present "Basquiat: Figures, Signs, Symbols," an exhibition of approximately ten works by Jean-Michel Basquiat from the collection of billionaire Kenneth C. Griffin. Opening June 25, the show includes the record-breaking 1982 painting "Untitled," which sold for $110.5 million in 2017 and was later acquired by Griffin, alongside other major paintings and a sculpture.

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trending_up market schedule May 10, 2026 visibility 16 link 2 artists, 2 galleries

Peter Doig | Peter Doig - Courtauld Gallery Exhibition poster, 20… (2024) | For Sale

A hand-signed offset lithograph poster by Peter Doig, created for his 2023 exhibition at the Courtauld Gallery in London, is being offered for sale by Alpha 137 Gallery in New York. The poster, signed by the artist in marker and accompanied by a certificate of authenticity, is priced at $5,500. The listing includes a detailed biography of Doig, noting his birth in Edinburgh in 1959, his upbringing in Trinidad and Canada, his studies at Wimbledon School of Art, Saint Martin's, and Chelsea School of Art, and his rise to international prominence as a painter who reinvigorated the medium. It also highlights his major museum exhibitions and auction record of $39.9 million at Christie's in 2021.

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trending_up market schedule Apr 15, 2026 visibility 44 link 8 artists

Billionaire Collector Ken Griffin’s Basquiat Buying Spree Continues

Billionaire collector Ken Griffin has significantly expanded his holdings of Jean-Michel Basquiat, notably acquiring the 1983 masterpiece 'In Italian' from the collection of Peter Brant. The acquisition came to light through press materials for an upcoming exhibition at the Pérez Art Museum Miami (PAMM) titled "Basquiat: Figures, Signs, Symbols," which will showcase nearly a dozen works from Griffin’s private collection. The show, curated by PAMM director Franklin Sirmans and Griffin’s curator Megan Kincaid, includes other high-profile acquisitions such as the 1982 'Untitled (Skull)' previously purchased from Yusaku Maezawa.

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trending_up market schedule Sep 26, 2025 visibility 17 link 8 artists, 1 gallery

perelman art insurance ruling 1234753886

A New York judge has ruled against billionaire investor and art collector Ronald O. Perelman in his attempt to collect $400 million from insurers for five paintings allegedly damaged in a 2018 fire at his East Hampton estate. Justice Joel M. Cohen of State Supreme Court in Manhattan found no visible damage to the works—two by Andy Warhol, two by Ed Ruscha, and one by Cy Twombly—and nothing traceable to the fire that would reduce their value. Perelman claimed the fire robbed the paintings of their 'spark' and 'oomph,' but insurers including Lloyd's of London, Chubb, and AIG countered that the works were unscathed and accused Perelman of filing claims under severe financial pressure after a collapse in Revlon stock.

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trending_up market schedule Sep 17, 2025 visibility 12 link 6 artists

ken griffin jackson pollocks blue poles australian museum 1234751615

Mega-collector Ken Griffin revealed in a July interview with Stanford Business School Insights that his favorite artwork is Jackson Pollock's 'Blue Poles' (Number 11, 1952), currently owned by the National Gallery of Australia in Canberra. Griffin admitted he once offered the museum several hundred million dollars to buy the painting, but the Australians refused to sell. The interview, which went largely unnoticed by the art press, also features a playful exchange with the Australian interviewer, Michael Liu, who gloats that the painting remains in his home country.

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trending_up market schedule Jun 3, 2025 visibility 13 link 7 artists, 1 gallery

trial ron perelman insurance claim warhol ruscha twombly 1234744105

The trial between billionaire collector Ron Perelman and a group of insurers began Monday in New York Supreme Court, nearly seven years after a 2018 fire at his Hamptons estate, the Creeks. Perelman claims the fire damaged five paintings—two by Andy Warhol, two by Ed Ruscha, and one by Cy Twombly—insured for a collective $400 million, arguing the works lost their "oomph" due to smoke, humidity, and relocation during the fire. The insurers, including Lloyd's of London, Chubb, and AIG, contend the works sustained no detectable damage and that Perelman's claim is a "money grab" filed amid serious financial difficulties, including margin calls and the sale of 71 artworks for $963 million between 2020 and 2022.

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trending_up market schedule Apr 23, 2025 visibility 12 link 2 artists, 1 gallery

billionaire art collector ken griffin us eroding brand 1234739652

Billionaire art collector and Citadel CEO Ken Griffin stated that the United States is “eroding” its brand due to economic policy changes during President Donald Trump’s first 100 days. Speaking at Semafor’s World Economy Summit on April 23, Griffin warned that the reputation and creditworthiness of US Treasuries are at risk, citing recent tariff-driven sell-offs of government bonds. He expressed concern about policy volatility undermining the goal of reshoring manufacturing and noted that investors using the euro as a reference have lost 20% of their value in four weeks. Griffin also voiced support for DOGE, the Department of Government Efficiency led by Elon Musk, which has recommended cuts to the National Endowment for the Humanities.

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trending_up market schedule Apr 29, 2026 visibility 20 link 10 artists, 4 galleries

How Will the Venice Biennale Impact Alma Allen’s Market?

Artist Alma Allen has been selected as America's representative at the Venice Biennale, sparking controversy due to the unusual selection process under President Trump. The pavilion is commissioned by the newly formed American Arts Conservancy, led by Jenni Parido, who previously ran a pet food lifestyle shop and entered Trump's orbit through Mar-a-Lago pet charity events. Following the announcement, Allen's galleries Olney Gleason and Mendes Wood DM dropped him, but he was quickly picked up by high-profile gallery Perrotin. The article examines how the Biennale and its attendant drama might affect Allen's market, noting his longtime collectors include Beth Rudin DeWoody, Peter Morton, Jack Pierson, and others, while his auction prices have remained modest.

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article news schedule Apr 9, 2026 visibility 27 link 5 artists, 1 gallery

The Art World This Week: Nazi-Looted Modigliani Reclaimed, Kengo Kuma to Design National Gallery Wing, Seoul’s Centre Pompidou to Open in June, and More

The art world saw several major developments this week, headlined by a significant legal ruling regarding Amedeo Modigliani’s 'Seated Man with a Cane' (1918). A judge ruled against a holding company controlled by billionaire dealer David Nahmad, moving the Nazi-looted masterpiece closer to reclamation. Meanwhile, institutional expansions took center stage with Kengo Kuma being selected to design a new wing for London’s National Gallery, and the Centre Pompidou Hanwha in Seoul confirming a June 4 opening date.

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trending_up market schedule Jan 20, 2026 visibility 13 link 3 artists

work of the week polk george washington 2738574

Two nearly identical portraits of George Washington by Charles Peale Polk, depicting him after the 1777 Battle of Princeton, will be auctioned on consecutive days in New York. Christie’s offers a 1793 version (number 53) on January 23, estimated at $200,000–$300,000, which was selected by Jackie Kennedy for the White House in 1962 and remained there until 1992. Sotheby’s offers a 1790–93 version (number 30) on January 24, estimated at $400,000–$600,000, previously sold at Christie’s in 1971 and at Sotheby’s in 2010 for $458,500. Both paintings have passed through Hirschl and Adler Galleries and depict Washington in uniform with Princeton’s Nassau Hall in the background.

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article news schedule May 2, 2025 visibility 12 link 2 artists

trump inauguration donors major art patrons warren stephens 1234740389

Major art collectors Warren Stephens, Ken Griffin, Paul Singer, and Charles and Helen Schwab were among the top individual donors to President Donald Trump’s 2025 inauguration fundraising committee, according to data from the Federal Election Commission and Open Secrets. Stephens, a major donor to the Arkansas Museum of Fine Art, gave $4 million, the largest individual contribution, while Griffin, Singer, and the Schwabs each donated $1 million or more. The article also details additional political donations from these collectors, including Griffin's $100 million in conservative election spending, and notes that many large corporations like Amazon and BlackRock also contributed.

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trending_up market schedule Mar 7, 2026 visibility 18 link 14 artists

450 million newhouse trove heads to christies led by 100 million pollock 2750035

Christie’s has secured a prestigious collection of 35 to 40 artworks from the estate of the late media mogul S.I. Newhouse, valued at approximately $450 million. Scheduled for the May auction season, the selection is headlined by Jackson Pollock’s drip painting 'Number 7' (1948) and Constantin Brancusi’s bronze sculpture 'Danaïde' (1913), both estimated at around $100 million. The consignment marks the fourth time Christie’s has handled material from the Newhouse estate, which has previously set records for artists like Jeff Koons.

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trending_up market schedule Mar 6, 2026 visibility 21 link 11 artists

christies newhouse consignment pollock picasso brancusi masterworks 1234776047

Christie’s New York is set to headline its May marquee sales with a prestigious consignment from the collection of the late media magnate S.I. Newhouse. The offering features approximately 40 masterworks valued at an estimated $450 million, including Jackson Pollock’s drip painting "Number 7" (1948) and Constantin Brancusi’s bronze sculpture "Danaïde" (1913). Both works carry estimates of approximately $100 million, figures that would shatter the existing auction records for both artists if realized.

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trending_up market schedule Jan 7, 2026 visibility 18 link 11 artists

kenny schachter 2026 predictions van gogh private sale 2734822

Kenny Schachter offers his predictions for the art world in 2026, set against a backdrop of political chaos and rapid AI development. He forecasts only a marginal uptick in global art sales, which he estimates will exceed $57.5 billion, and warns that luxury goods—bags, watches, fossils—are increasingly encroaching on art fairs, auctions, and exhibitions. Schachter criticizes Sotheby's for blurring the lines between auction house, museum, and gallery, citing its traveling "Icon" show as a spectacle of price tags rather than art scholarship.

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article news schedule May 13, 2025 visibility 10 link 5 artists

kenneth griffin lends us constitution to the national constitution center 1234742071

Billionaire Citadel CEO and art collector Ken Griffin has announced he will lend his rare copy of the U.S. Constitution to the National Constitution Center (NCC) in Philadelphia for public display through 2026. The loan is accompanied by a $15 million gift—the largest single donation in the NCC’s history—which will fund two new galleries focused on America’s founding principles and the separation of powers, both slated to open in 2026. Griffin will also loan a first printing of the 17 proposed constitutional amendments from 1789, ten of which became the Bill of Rights. In recognition, the NCC will rename its central hall the Kenneth C. Griffin Great Hall.

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trending_up market schedule Jul 22, 2025 visibility 13 link 2 artists

juvenile ceratosaur dinosaur fossil sothebys auction record 1234747766

A juvenile Ceratosaurus dinosaur fossil sold for $30.5 million at Sotheby’s natural history sale on July 16, far exceeding its high estimate of $6 million. The auction featured a six-minute bidding war among six bidders, making it the third-highest price ever for a dinosaur at auction. Other top lots included a Martian meteorite that sold for $5.3 million, a Pachycephalosaurus skull, and a Tyrannosaurus Rex foot, each fetching $1.758 million. All four top lots accepted cryptocurrency payments.

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trending_up market schedule Jul 16, 2025 visibility 10 link 4 artists

unique juvenile dinosaur sothebys 2659142

A rare juvenile Ceratosaurus fossil sold for $30.5 million at Sotheby's New York, far exceeding its $6 million presale estimate after a six-minute bidding war. The 154-159 million-year-old specimen, discovered in 1996 at Wyoming's Bone Cabin Quarry, contains 139 original bone elements and stands over 6 feet tall. Sotheby's stated the buyer plans to loan the fossil to an institution.

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trending_up market schedule May 1, 2025 visibility 15 link 12 artists

art shipping in turmoil as tariffs trigger delays 2636325

President Trump's tariff policies are causing significant disruption in the art shipping industry, despite artworks themselves remaining largely exempt from import taxes under U.S. law. While Section 1702(b) of the IEEPA protects artworks, books, and films from presidential trade restrictions, antiques and design objects are subject to a 10 percent universal tariff, creating confusion for customs officers. Meanwhile, changes to de minimis rules—lowering the threshold for formal customs processing from $2,500 to $800—have forced DHL to temporarily suspend certain shipments and caused multi-day delays. Smaller art dealers relying on global logistics firms are particularly affected, as bespoke fine-art shippers like Crozier, UOVO, and Cadogan Tate are often too expensive for lower-value works under $10,000.

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article news schedule Oct 10, 2025 visibility 16 link 1 artist, 3 galleries

acquavella and nahmad contemporary billionaire jan koum 1234755775

WhatsApp co-founder Jan Koum has filed a lawsuit against interior designer Remi Tessier, alleging that Tessier inflated prices and misrepresented the quality and origin of luxury goods purchased on his behalf, including several artworks. Koum hired Tessier for nine projects, including residences in the US and Europe and two superyachts. The suit claims Tessier received kickbacks on art purchases, including a $7.8 million Picasso painting, and a judge has granted discovery orders against three galleries—Acquavella Galleries, Nahmad Contemporary, and Perrotin New York—to produce records and testimony. Koum intends to use the evidence to file a criminal complaint against Tessier in France.

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trending_up market schedule May 5, 2026 visibility 14 link 3 artists

Billionaire Collector Ken Griffin Buys Second Rare Constitution Printing

Billionaire collector Ken Griffin has quietly acquired a second rare first printing of the US Constitution, known as the Van Sinderen copy, through a private deal after it was pulled from a planned Sotheby’s auction in 2022. Griffin, who previously paid $43.2 million at Sotheby’s in 2021 for another copy, now holds the only two copies of the 1787 document still in private hands. The newly acquired document will go on public display starting May 27 at the South Street Seaport Museum in New York, headlining an exhibition titled “The Promise of Liberty” that includes other foundational texts.

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trending_up market schedule Jul 1, 2025 visibility 9 link 3 artists

Collector Ken Griffin spends $18.1m on historic US documents signed by Abraham Lincoln

Billionaire hedge fund founder Ken Griffin purchased two rare historic documents signed by President Abraham Lincoln for a total of $18.1 million at a Sotheby's auction in New York on June 26. The lots included a congressional copy of the Thirteenth Amendment (abolishing slavery in 1865) for $13.7 million and a copy of the Emancipation Proclamation (1863) for $4.4 million. Only 15 known versions of the Thirteenth Amendment signed by Lincoln exist, with just four in private hands. Griffin, a top Republican donor and prolific collector, previously bought a first-edition copy of the U.S. Constitution for a record $43.2 million in 2021.

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