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consignors revealed new york auctions may 2025 2637611

The article reports on the upcoming May 2025 marquee auctions in New York at Christie’s, Sotheby’s, and Phillips, which carry a combined low estimate of about $1.2 billion—similar to last year. However, the market faces headwinds from U.S. trade wars, stock market volatility, high interest rates, and ongoing global conflicts. Major consignors include estates (Len Riggio, Anne Bass), living patrons (Tiqui Atencio, Norman Braman), dealers (Daniella Luxembourg, Barbara Gladstone, Enrico Navara), and institutions (SFMOMA, Virginia Museum of Fine Arts, Phillips Collection). Notable lots include Sheldon Solow’s $70 million Alberto Giacometti at Sotheby’s and Riggio’s $50 million Mondrian at Christie’s. Collector Peter M. Brant is revealed as the seller of Basquiat’s Baby Boom (1982) and a John Currin painting at Christie’s.

hauser wirth uptown sale jens hoffmann project wet paint 2638685

Hauser & Wirth has sold its Upper East Side townhouse at 32 East 69th Street for $10.5 million to a developer, ending a decades-long presence in the neighborhood. The property, purchased in the 1990s as a family residence, was renovated by architect Annabelle Selldorf and later used as gallery space from 2009, hosting exhibitions by artists like Pope.L, Anna Maria Maiolino, Luchita Hurtado, and Arshile Gorky. Gallery co-founder Iwan Wirth cited a shift in the family's center of gravity to Chelsea and the business's expansion downtown with new locations on West 18th Street and Wooster Street in SoHo.

emily fisher landeau collection auction fate 2350982

Christie’s and Sotheby’s are competing to secure the estate of Emily Fisher Landau, the noted art collector who died in March at age 102. Her collection, valued between $375 million and $500 million, could become a major highlight of the November evening sales, helping offset a sluggish first half for auction results. The Big Three auction houses have seen a 51 percent drop in total sales year-over-year, with Christie’s and Phillips both reporting significant declines.

hans coper ceramic london auction 2633316

A broken flowerpot discovered in a London garden turned out to be a rare Hans Coper ceramic, commissioned by the owner's late mother after she admired his work at an exhibition. The four-foot-tall stoneware vessel, produced in early 1964 and bearing Coper's seal, was offered by Chiswick Auctions with a presale estimate of £6,000–£10,000. Despite significant damage, it sparked a bidding war lasting nearly 10 minutes, ultimately selling to a U.S. bidder for £36,500 ($48,300) hammer price, or £47,800 ($63,250) including fees.

old masters sales takeaways art detective 2649690

Sotheby's underperformed with the highly anticipated Saunders Collection of Old Masters, which was estimated at $80–120 million but sold for only $65.4 million, falling $14.6 million short of its low estimate. The sell-through rate was a dismal 58%, with 16 of 43 lots failing to sell in the standalone auction. Christie's also saw disappointing results, with a smaller sale totaling $6.89 million, 17% below its low target. The collection, amassed by the late banker Thomas A. Saunders III and his wife Jordan, was billed as the most valuable Old Masters collection ever to come to auction.

saunders collection old masters sothebys 2613872

The collection of Old Masters assembled by Thomas A. Saunders III and his wife Jordan sold for $64.7 million at Sotheby’s on May 21, falling below its low presale estimate but still becoming the most valuable trove of Old Masters ever sold in a single auction. Seven artist records were set, including Luis Meléndez’s *Still Life of a Cauliflower…* ($6.3 million) and Jan Davidsz. de Heem’s floral still life ($8.8 million). The top lot was Francesco Guardi’s twin landscapes of Venice ($10.5 million). A further 14 paintings sold the next day, bringing the collection’s total to $65.4 million.

by the numbers christies riggio 2643724

Christie’s New York held the spring season’s largest single-owner auction, the Leonard & Louise Riggio collection, on Monday evening. The sale achieved $271.9 million total with a 97% sell-through rate by lot, led by Piet Mondrian’s *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922) at $47.6 million. However, a detailed analysis reveals that the hammer total fell $26 million short of the guarantee, and 93% of the value was pre-sold to third-party backers, leaving Christie’s with a razor-thin margin of roughly 7.8% before marketing costs and guarantor fees.

Fair Warning Bets Big on a Banksy That Could Realize $18 Million

Fair Warning, the members-only online sales platform founded by former Christie's rainmaker Loïc Gouzer, is staging a rare live auction on May 20 at Tiffany & Co.'s flagship store in New York. The centerpiece is Banksy's *Girl and Balloon on Found Landscape* (2012), a work from the artist's 'Crude Oils' series that has never been publicly exhibited. Consigned by a private collector, the painting carries an ambitious estimate of $13 million–$18 million, one of the highest ever for a Banksy. Gouzer argues that Banksy is among the most consequential artists of our time, comparing his trajectory to Jean-Michel Basquiat, and sees this sale as a landmark moment for the artist's market.

chinese artist sun yitian 2646756

Chinese artist Sun Yitian, dubbed the 'it girl' of the art world, is the subject of a new solo exhibition titled 'Romantic Room' at Esther Schipper in Berlin, her third show with the gallery. The 34-year-old hyperrealist painter, known for her depictions of mass-produced consumer products, set a new artist record in June 2024 when her 2021 painting *Prologue* sold for RMB 2.99 million (around $415,029), the top result for Asian artists born in the 1990s. She also recently collaborated with Louis Vuitton and is pursuing a PhD in literature alongside her painting career.

wet paint romero britto cruise 2608886

Artnet News' gossip column Wet Paint reports on a Valentine's Day dining experience aboard a simulated Princess Cruises ship at Pier 59 in Chelsea Piers, New York. The event, titled "Love by Britto: First Artistically Inspired Dining Experience Celebrating 'Love'," was designed by Miami-based artist Romero Britto, featuring his signature kaleidoscopic pop art on plates, wine labels, paperweights, and even toilet paper roll stickers. Chef Rudi Sodamin prepared the meal, which included a cocktail with edible glitter and heart-shaped desserts. Britto himself attended a run-through the previous night, and the $214 tickets for the final evening were sold out.