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The print market is experiencing a significant resurgence, defying the broader contraction seen in the global art market. Recent events like the IFPDA Print Fair in New York reported record-breaking attendance of 21,000 visitors, while auction data shows that over 54,000 print lots were sold in 2024—the highest volume in a decade. While total sales value dipped slightly, the decline was far less severe than the 27 percent drop seen in the general fine art sector.

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Kenny Schachter's article for Artnet News draws a parallel between President Jimmy Carter's 1977 energy-crisis plea to lower thermostats and the current art-market response to Trump-era tariff turmoil. He reports that the spring 2025 auction cycle generated $1.25 billion, continuing a decade-long decline from the 2014 peak, with bidders spending less and big-ticket sellers stuck. Schachter also promotes his own no-reserve auction, "Hoarder #6," scheduled for July 8–17 at Phillips, and critiques Trump's economic policies and crypto ventures, name-dropping Justin Sun as a major holder of $Trump tokens.

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The Venice Biennale, often called the 'Olympics of the art world,' is spotlighting Latin American art in its 2024 edition. Curated by Adriano Pedrosa, director of the São Paulo Museum of Art and the first South American and openly queer person to hold the role, the exhibition titled 'Foreigners Everywhere' features over 330 artists, with more than 80 having ties to Latin America—about 24 percent of the show, up from 11 percent in 2022. The article examines the market for Latin American art, noting that while auction records exist (e.g., Frida Kahlo's $34.9 million painting), total auction volume for Latin American artists has declined from $388.3 million in 2015 to $245.5 million last year, reflecting a specialized market dominated by a few internationally recognized figures.

The Business of KAWS: What Data and a Museum Show Reveal About His Market

The San Francisco Museum of Modern Art (SFMOMA) is currently hosting a major survey of KAWS, marking the final stop of a three-city tour that highlights the artist's unique blend of commercial savvy and institutional ambition. The exhibition features a range of works from diamond-encrusted sculptures for Kid Cudi to a 'genius' membership drive that sold 1,000 KAWS-branded museum memberships at $300 each. Despite a significant cooling in his auction results—dropping from a 2019 peak of $112.9 million to just $7.72 million last year—the artist continues to draw massive crowds, particularly among younger demographics.

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Frieze Los Angeles launched with significant early momentum as Endeavor CEO Ari Emanuel acquired three quilts by artist Yvonne Wells from Fort Gansevoort before VIP hours officially began. The fair's opening day saw robust activity, including the $3.7 million sale of an Ed Ruscha painting, while major galleries like Pace Prints and Opera Gallery announced strategic expansions into Los Angeles and Houston respectively.

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Marc Restellini’s Institut Restellini is set to release a definitive six-volume catalogue raisonné for Amedeo Modigliani after four decades of research. The publication, which includes 100 newly authenticated works, utilizes a rigorous methodology combining advanced scientific analysis—such as spectrometry and carbon-14 dating—with traditional stylistic evaluation and archival documentation. To mark the launch, Pace Gallery will host events in London and New York in April.

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The VIP opening of Frieze Los Angeles at Santa Monica Airport saw a surge of high-value transactions and heavy foot traffic from both local and international collectors. Major galleries reported multi-million dollar sales within the first few hours, including a $2.8 million work by Njideka Akunyili Crosby at David Zwirner and a sold-out booth of Conny Maier paintings at Hauser & Wirth. Dealers described the atmosphere as a "frenzy," noting that sales figures in some cases already tripled their performance at previous major fairs like Art Basel Miami Beach.

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A new two-volume collection of Okwui Enwezor's writings, titled "Okwui Enwezor: Selected Writings, Volume 1: Toward a New African Art Discourse" and "Volume 2: Curating the Postcolonial Condition," has been published by Duke University Press in 2025, edited by Terry Smith. Spanning over a thousand pages and covering the years 1994 to 2019, the collection gathers Enwezor's catalog essays, exhibition reviews, and analyses, tracing his evolution as a poet, writer, curator, theorist, educator, and museum director who died in 2019 at age 56.

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The tenth edition of Photo London opened at Somerset House, marking a decade of growth for the UK's largest photography fair. The fair, running through May 18, has become a key event for the photography market, which has shown resilience despite broader art market declines. While global auction sales for photography dropped 5.6% in 2024 to $59 million, this was far less severe than the 27% overall art market decline, and sales volumes remained near record highs. New director Sophie Parker and cofounder Michael Benson highlighted growing interest from young collectors, though challenges remain as established galleries face an aging collector base and market uncertainty.

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Artnet and Morgan Stanley have released a comprehensive analysis of the photography auction market spanning 2005 to 2024. The report reveals that while the volume of photography lots sold has more than doubled over two decades, the total annual sales value has remained largely stagnant, rising from $113.4 million in 2005 to $116.9 million in 2024. When adjusted for inflation, this represents a significant 36.7 percent decline in market value, with average prices for photographs dropping by over 50 percent during the same period.

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Volume Gallery, a Chicago gallery specializing in art and design, is tripling its size and moving to a new location in the West Town neighborhood. The gallery, founded by Claire Warner and Sam Vinz, will open a 3,500-square-foot space on February 13, marking its third location since its 2010 launch. The inaugural exhibition, "The Heresy of Legacy," will feature works by artists and designers including Selva Aparicio, Richard Artschwager, and Joyce Scott.

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Naotaka Hiro's latest paintings, on view at Bortolami gallery in New York through November 1, were inspired by a harrowing experience seven years ago when he discovered a stranger living in the crawlspace beneath his Los Angeles home. Hiro now creates his works by lying supine with his canvas suspended just 13 inches above his body—the exact height of that crawlspace—often cutting holes through the canvas and wrapping it around himself with ropes to paint from all angles. The resulting abstractions, filled with forms resembling plants, fish gills, and veins, function as a 360-degree body scanner and a form of self-exploration.

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Luke Agada, a Nigerian painter who completed his MFA at the School of the Art Institute of Chicago in 2023, chose to remain in Chicago rather than move to New York or Los Angeles, citing the city's balance of opportunities. He opened his solo exhibition "To Translate Is to Move Across" at Monique Meloche Gallery during the third edition of Chicago Exhibition Weekend (CXW), a four-day event involving over 70 galleries, talks, studio visits, and a tennis mixer. CXW was founded by Abby Pucker of the consultancy firm Gertie and co-organized with Expo Chicago, expanding this year to include the Chicago Architecture Biennial and a curated exhibition of conceptual art.

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Amid a sluggish broader art market, the design category is surging. Major auction houses—Sotheby’s, Christie’s, and Phillips—held design sales in early June 2025 that far exceeded expectations. Sotheby’s New York design sales totaled $37.5 million, Christie’s $23.6 million, and Phillips $4 million, representing a 62.3 percent year-on-year increase across all three houses. Notable highlights include the Goddard Memorial Window by Tiffany Studios, which sold for $4.29 million, the second-highest price for a Tiffany window at auction. The sales attracted many new buyers, with Sotheby’s and Phillips reporting over 20 percent of buyers were new to the houses.

Japan's Art Market Growth and Asian Art News

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Japan’s art market demonstrated remarkable resilience in 2024, growing by 2% to reach $692 million despite a 12% contraction in the global art market. A government-commissioned report by economist Clare McAndrew revealed that the Japanese market is characterized by high-volume, lower-value transactions, with 93% of sales occurring at price points under $10,000 and dealers accounting for the vast majority of trade.

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Maurice Mielcarek, a 43-year-old Zurich-based collector, exemplifies a new generation of younger art buyers who prioritize lasting engagement over speculation. At Zurich Art Weekend, he introduced friends to New York artist Travis Boyer, whose velvet paintings Mielcarek has collected for two years. This cohort, mostly in their 30s and 40s, takes a slower, research-driven approach to collecting, often building relationships with artists and galleries before purchasing. They focus on discovery, conceptual works, and supporting artists' visions beyond mere acquisition.

The Week in Art: Iran's Heritage, Art Market Recovery, Sydney Biennale

Art communities and heritage in Iran, moderate recovery in the art market, Sydney Biennale—podcast

The latest episode of The Week in Art podcast covers three main topics. First, it discusses the impact of the ongoing Middle East conflict on cultural communities and heritage sites in Iran and Lebanon, including damage to the Chehel Sotoun palace in Isfahan. Second, it analyzes the new Art Basel and UBS Global Art Market Report, which indicates a market recovery but reveals a complex picture. Third, it features a new installation by Indigenous American artist Cannupa Hanska Luger at the Sydney Biennale, consisting of ceramic dingo skulls, which has gained relevance following a recent tragedy in Australia.

Dingo-related work at Sydney Biennale takes on new resonance following backpacker death

A new installation by artist Cannupa Hanska Luger at the 2026 Biennale of Sydney features seven ceramic dingo skulls with whistles that create a howling sound. The work, titled "Volume III White Bay Power Station," was created before the artist learned of the death of a Canadian backpacker, Piper James, on K'gari (Fraser Island), a ruling for which found she drowned after a dingo attack.

New catalogues reveal Royal Collection's vast sculpture holdings—and Queen Victoria's acquisition spree

A new four-volume catalogue, authored by former royal surveyor Jonathan Marsden, documents approximately 1,800 sculptures in the Royal Collection. The publication reveals the unsystematic nature of the collection's growth, driven by royal tastes and historical opportunities, and highlights significant discoveries like a previously unknown bronze satyr by Benvenuto Cellini.

Paying tribute to storied printmaker Kenneth Tyler at the IFPDA Print Fair

The International Fine Prints and Drawings Association (IFPDA) Print Fair at the Park Avenue Armory is honoring the legacy of master printer Kenneth E. Tyler. A central highlight of the event is the presentation by the National Gallery of Australia (NGA) of a new three-volume catalogue raisonné documenting Tyler Graphics from 1986 to 2001. The 94-year-old Tyler, a foundational figure in American printmaking, collaborated with titans of Modern art including Robert Rauschenberg, Helen Frankenthaler, and Roy Lichtenstein across his storied career at Gemini GEL and Tyler Graphics.

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Christie’s and Sotheby’s recently concluded their 2026 mid-season contemporary art auctions, signaling a shift toward higher-value inventory in what were traditionally lower-stakes sales. The standout result was the $7.6 million sale of Jeff Koons’s sculpture 'Winter Bears' (1988) at Christie’s, setting a record for the highest-valued work ever sold in a mid-season auction. Meanwhile, Sotheby’s held its first 'Contemporary Curated' sale at its new Breuer building headquarters, achieving $19.4 million led by a $3.8 million Alma Thomas painting.

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Christie's, Sotheby's, and Phillips are holding their marquee fall 2025 sales in New York next week, with an unusually high volume of inventory. Christie's alone will offer 80 works on Monday night, and across the week 27 lots carry estimates above $10 million—a stark contrast to the tepid May sales. The season is top-heavy, with the $2 million–$5 million range considered the trickiest. Notable consignments include the estate of Leonard Lauder and the collection of Stefan Edlis and Gael Neeson, while many discretionary sellers remain absent. Day sales feature works with significant price drops, such as a Steve Parrino painting last sold for nearly $1 million now estimated at $300,000–$500,000, and an Avery Singer work that sold for $3 million in 2022 now estimated at $600,000–$800,000. Several pandemic-era speculative purchases are also returning to market at steep discounts.

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Art Basel 2025 opened in Basel, Switzerland, with nearly 300 leading galleries showcasing high-value artworks despite a turbulent art market. Major works include a Gerhard Richter abstraction (1987) at David Zwirner, priced around $30 million, a Ruth Asawa hanging sculpture sold for $9.5 million, and Picassos at Pace and Helly Nahmad Gallery, with the latter's *Femme nue couchée jouant avec un chat* (1964) listed at $28 million after fetching $21.2 million at auction two years ago. The fair runs through Sunday, offering rare opportunities to view and purchase blue-chip pieces.

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The article examines the growing financialization and opacity of the fine-art auction market, highlighting how auction houses like Christie's and Sotheby's have made it increasingly difficult for outsiders to understand true demand for individual lots. It details how buyer's premiums, guarantees, and irrevocable bids (third-party guarantees) obscure the actual bidding dynamics, with only a small group of wealthy financiers and intermediaries having clear insight into the market's inner workings.

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French artist Jean Dufy (1888–1964), brother of Raoul Dufy and a contemporary of Picasso and Braque, is the subject of a major new catalogue raisonné. Galerie Jacques Bailly in Paris has released Volume III of the catalogue, a 495-page volume with 801 reproductions and essays by Vanessa Schmitz-Grucker and Chantal Meslin-Perrier. The book explores Dufy's use of color, his depictions of post-war Parisian life, and his lesser-known work in porcelain design for Haviland Limoges.

The Only Guide to This Year’s Venice Biennale You Will Ever Need

The 61st Venice Biennale opens amid significant turmoil. The entire jury of the International Art Exhibition resigned after a statement about withholding prizes from countries with leaders charged with crimes against humanity by the ICC, leading to the cancellation of the Golden Lion awards in favor of 'Visitors' Lions' to be given at the exhibition's end. The event has been further marred by the sudden death of artistic director Koyo Kouoh from liver cancer in early 2025, and the death of artist Henrike Naumann, who was set to debut work in the German pavilion. Additionally, the selection process for the American pavilion artist, Mexico-based sculptor Alma Allen, sparked controversy after a delayed grant application process.

Cause for cheer at Art Basel as strong preview-day sales take many galleries by surprise

Major international galleries reported unexpectedly strong sales on the preview day of Art Basel, despite geopolitical tensions, stock market volatility, and uncertainty over US tariffs. Thaddaeus Ropac sold works by Georg Baselitz, James Rosenquist, and Robert Rauschenberg, while Gagosian, David Zwirner, Pace, and Hauser & Wirth also reported multimillion-dollar sales, including a Ruth Asawa sculpture for $9.5 million and a Pablo Picasso painting priced at $30 million. Many dealers expressed surprise at the speed and volume of sales, which defied the broader international environment.

At Art Basel Hong Kong, Blue-Chips Report Flurry of 7-Figure Deals, While Others Lament ‘Slower Than Usual’ Sales

Major galleries reported significant seven-figure sales on the opening day of Art Basel Hong Kong. Hauser & Wirth sold works by Louise Bourgeois and George Condo for millions, while David Zwirner sold paintings by Liu Ye and Marlene Dumas for $3.8 million each. Pace Gallery's CEO noted a renewed energy, and other blue-chip dealers like White Cube and Lehman Maupin also reported high-value transactions, particularly with Asian collectors and institutions.

The Top Collections Leading the May Marquee Auctions

The article reports that the May 2025 marquee auctions at Christie's and Sotheby's are being driven by a resurgence of major single-owner collections, reversing a period of trophy scarcity in the secondary market. Key collections include the $130 million Robert E. Mnuchin collection at Sotheby's, the personal collection of gallerist Marian Goodman at Christie's, and the S.I. Newhouse collection expected to generate around $450 million, featuring Jackson Pollock's 'Number 7A (1948)' and Constantin Brancusi's 'Danaïde (1913)'. The article notes that the ultra-high tier above $10 million rose 30% year-on-year, and single-owner collections in New York auctions totaled $730.9 million, an 89.9% increase from Q1 2025.

The story of London's Great Exhibition, as seen through the eyes of artists

Julius Bryant’s new book, the fourth volume in his history of the Victoria and Albert Museum, re-examines the 1851 Great Exhibition through its visual legacy. By analyzing paintings, prints, and ephemera—including the vast archive of Charles Wentworth Dilke—Bryant reconstructs the 'Crystal Palace' experience, highlighting the youth of its organizers and the staggering speed of its construction. The narrative shifts focus away from traditional social theory toward the actual visual evidence of the event, from David Roberts’s massive panoramic paintings to the 235 sculptures that defined the era's artistic output.