Vasari Art Codex

trending_up market schedule May 1, 2025 source 2 sources visibility 2 link 9 artists, 1 gallery

state of the art market an analysis of global auction sales in the first five months of 2022 2136208

Artnet News, in collaboration with Morgan Stanley and the Artnet Price Database, analyzed global auction sales from January through May 20 for the years 2018 to 2022. The total auction sales for the first five months of 2022 reached $5.7 billion, just barely exceeding the previous high set in 2018. The sell-through rate was 73.4%, the second highest in the period examined. The average price of a work sold surged 180% from 2020 and 26% from 2021, driven by pent-up supply of high-value works. Sales of works priced at $10 million and above grew nearly 50% year-over-year, fueled by major consignments from the estates of Thomas and Doris Ammann, Anne Bass, and Harry and Linda Macklowe. Meanwhile, sales of works under $10,000 increased 43% since 2018, partly due to the rise of online auctions during the pandemic.

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trending_up market schedule Apr 28, 2025 visibility 1 link 7 artists, 2 galleries

Early Basquiat to Lead Sotheby’s Contemporary Auctions -

Sotheby’s will offer a rare untitled 1981 painting by Jean-Michel Basquiat at its Contemporary Evening Auction in New York, estimated at $10–15 million. The work, unseen for 36 years, has been held in a private collection since 1989 and captures the raw energy of Basquiat’s breakout period. Other highlights include Lucio Fontana’s *Concetto spaziale, La Fine di Dio* (1963), Robert Rauschenberg’s *Combine Rigger* (1961), Frank Stella’s *Adelante* (1964), and Ed Ruscha’s *That Was Then This Is Now* (1989). The auction is built around three major private collections: the estate of gallerist Barbara Gladstone, the Roy Lichtenstein Foundation, and the “Im Spazio” group assembled by Daniella Luxembourg.

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person people schedule May 20, 2025 visibility 2 link 3 artists

mari claudia jimenez art law and advisory withers 1234742515

Mari-Claudia Jiménez, a prominent figure in the international art market and former chairman and president of the Americas at Sotheby's, has joined global law firm Withers to launch Withers Art and Advisory, a hybrid legal-art advisory practice based in New York. The new venture will provide collectors, estates, and institutions with integrated market advice and legal counsel on acquiring and holding art, combining real-time market insight with transactional legal expertise. Jiménez, a barred attorney, has overseen landmark deals including the restitution and sale of five Kazimir Malevich paintings, the $106.5 million sale of Picasso's *Nude, Green Leaves and Bust*, and the record-breaking $922 million Macklowe collection auction.

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