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stop making sense 2025 art market analysis

The article analyzes the chaotic and contradictory state of the global art market in 2025, a year marked by extreme volatility following President Donald Trump's return to office. Key events include strong sales at Frieze Los Angeles in February, a record $13.8 million sale of a painting by M.F. Husain at Christie's, and a sharp downturn after Trump imposed sweeping tariffs on major trading partners. Major auctions in May fell far short of expectations, with only $837.5 million hammered against estimates of up to $1.6 billion. Meanwhile, Art Basel expanded with a new Qatar fair, but sales at Art Basel Switzerland dropped over 35% from 2024. The year also saw a wave of gallery closures, including the sunsetting of Blum & Poe.

Collection in Focus | Beatriz Milhazes: Rigor and Beauty

The Guggenheim Museums and Foundation has published a feature titled 'Collection in Focus | Beatriz Milhazes: Rigor and Beauty,' highlighting the Brazilian artist's vibrant, geometric abstract works held in the Guggenheim collection. The piece examines Milhazes's distinctive visual language, which blends modernist abstraction with Brazilian cultural references, and underscores the rigorous compositional structure underlying her seemingly exuberant patterns.

6 Questions Every New Art Buyer Should Ask a Gallery

Annabel Keenan's article offers practical guidance for first-time art buyers navigating the gallery system. It outlines six essential questions to ask galleries, covering price transparency, provenance, and the artist's market context. The piece features insights from gallery director Joseph Clarke of Anima Mundi, collector and MCA Chicago trustee Ellen-Blair Chube, and gallerist Madelyn Jordon of Madelyn Jordon Fine Art, who emphasize that asking questions is key to building confidence and knowledge as a collector.

sothebys modern art may 2025 sale report giacometti

Sotheby's modern art evening sale in New York on Tuesday night achieved $186.4 million with buyer's premium across 60 lots, with a sell-through rate of 83.3%. Top lots included Pablo Picasso's *Homme assis* ($15.1 million), Georgia O'Keeffe's *Leaves of a Plant* ($13 million), and a new auction record for Paul Signac's *Saint-Georges. Couchant (Venise)* ($8.1 million). However, the sale was overshadowed by the failure of Alberto Giacometti's *Grande tête mince*, a 1955 bronze bust estimated north of $70 million, which went unsold after bidding stalled at $64 million.