Art News. Vasari Codex

trending_up market schedule Dec 14, 2025 visibility 22 link 23 artists

Booming stock market is fueling a mega-billion return to classic art and a backlash to junk

A booming stock market and increased disposable income among the ultra-wealthy have fueled a $2.2 billion fall auction season in New York, led by Gustav Klimt's "Portrait of Elisabeth Lederer," which sold for $236.4 million at Sotheby's. Other major sales include Frida Kahlo's "El sueño (la cama)" setting a record for a female artist at $55 million, and Mark Rothko's "No. 31 Yellow Stripe" fetching $62 million at Christie's. The surge is attributed to a convergence of high-quality estates coming to market—including those of Leonard Lauder, Robert and Patricia Ross Weis, and Jay and Cindy Pritzker—and renewed confidence among wealthy buyers after a stagnant period for art prices.

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Medieval triptych ventures out of Dorset to sell for £5.7m in London Old Master auctions

A late 15th-century Netherlandish triptych, *The Five Miracles of Christ*, sold for £5.7 million at Sotheby’s London Old Master auction. The work, kept for centuries at St. John’s Almshouse in Sherborne, Dorset, had never before appeared on the market. The charity sold it to fund affordable housing, and the buyer—an unnamed Christian charitable foundation—plans to keep the painting publicly viewable in the town. Other highlights included a Rembrandt reattribution, *Saint John on Patmos*, which sold for £6.8 million, and a record £3.2 million for a Hans Eworth portrait of the 4th Duke of Norfolk.