Art News. Vasari Codex

trending_up market schedule May 22, 2026 link 9 artists

Christie’s Kiran Nadar Exhibition Is the Latest Indicator of the South Asian Art Market’s Growing Importance

Christie’s London will host “The Meeting Ground,” a non-selling exhibition of works from the Kiran Nadar Museum of Art (KNMA) in New Delhi, from July 16 to August 21, 2025. The show features Indian modernists such as M.F. Husain, S.H. Raza, K.G. Subramanyan, and F.N. Souza, alongside contemporary South Asian artists, Indigenous art practitioners, and diaspora artists. Admission is free. The exhibition follows a series of record-breaking auction sales for South Asian art, including Husain’s *Untitled (Gram Yatra)* (1954) sold at Christie’s New York for $13.8 million in March 2025 and Raja Ravi Varma’s *Yashoda and Krishna* (ca. 1890s) sold at Saffronart for $17.9 million.

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trending_up market schedule Jun 10, 2025 visibility 18 link 8 artists

francis bacon pope painting auction

Sotheby's London will auction three Francis Bacon paintings at its July contemporary art evening sale, including 'Study for a Pope I' (1961), one of six pope paintings Bacon created for a Tate exhibition. The work, previously owned by Gunter Sachs, sold for a record £10 million in 2005, and is now estimated at £25–35 million ($38.3–53.7 million). The sale also features a 1975 Bacon self-portrait and three studies for a 1980 self-portrait, with total sale expectations of £204 million ($312.9 million), 35 percent from British artists.

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trending_up market schedule Nov 21, 2025 visibility 13 link 6 artists

Gustav Klimt portrait sells for about R4 billion, breaking modern-art auction records

Gustav Klimt's portrait "Portrait of Elisabeth Lederer" (1914–1916) sold for $236.4 million (about R4 billion) at a Sotheby's auction in New York, becoming the most expensive modern artwork ever sold at auction and the second most expensive painting in history, behind only Leonardo da Vinci's "Salvator Mundi." The sale, which featured works from the estate of billionaire collector Leonard Lauder, unfolded in a tense 20-minute bidding war among six collectors. The painting had been hidden from public view since the 1980s. The same auction also saw Maurizio Cattelan's 18-karat gold toilet "America" sell for over $12 million.

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trending_up market schedule Apr 3, 2026 visibility 20 link 1 artist

Selling Collectibles Is Big Business. Heritage Auctions’s Joe Maddalena Says It’s Just Getting Started

Heritage Auctions achieved a record $2 billion in sales in 2025, driven by explosive growth in the collectibles market. CEO Joe Maddalena highlights the sustained and increasing global demand for categories like sports memorabilia, comic books, trading cards, and vintage toys, noting that money previously focused on traditional art is now consistently flowing into these areas.

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trending_up market schedule May 19, 2026 visibility 5 link 18 artists, 1 gallery

Christie’s New York surpasses $1 billion

Christie’s New York kicked off its 20th and 21st Century Art sales week on 18 May 2026 with a record-shattering evening, generating over $1.12 billion across two sales: Masterpieces: The Private Collection of S.I. Newhouse and the 20th Century Evening Sale. The top lot was Jackson Pollock’s *Number 7A, 1948*, which sold for $181.2 million, setting a new auction record for the artist. Other artist records were set for Constantin Brancusi, Joan Miró, Alice Neel, and Mark Rothko. The S.I. Newhouse collection alone achieved $631 million, selling 100% of lots, and its cumulative total across four Christie’s sales reached $1.05 billion, making it the second-highest collection ever sold at auction after Paul Allen’s.

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trending_up market schedule May 13, 2025 visibility 16 link 14 artists

The rise of contemporary African art in a global market

The article reports on the rapid growth of the contemporary African art market, which has more than doubled in value since 2016 to an estimated annual combined value of $72 million. Sales of ultra-contemporary works by African-born artists under 45 surged from $16.2 million in 2020 to $40.6 million in 2021, and the market could reach $1.5 billion this year. Aspire Art, a South African auction house, has set records for artists like Joseph Ntensibe, whose painting *Forest Scene* sold for R924,200, and Nicholas Hlobo, whose work *Intlambo yochulumanco* fetched R1,479,400.

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