Vasari Art Codex

trending_up market schedule Nov 14, 2025 visibility 5 link 6 artists, 1 gallery

auction houses tapping into jewelry boom brooklyn public library launches art lending program paris photo returns morning links for november 14 2025 1234761805

Christie's incoming global head of jewellery, Max Fawcett, predicts a strong London Jewels sale, citing a 'purple patch' for the division after achieving $87.7 million in New York and a sold-out Magnificent Jewels sale in Geneva. Heritage Auctions, Phillips, and Sotheby's also report record jewellery and watch sales, with demand outstripping supply. Separately, the Brooklyn Public Library has launched an experimental art-lending program alongside its exhibition 'Letters for the Future,' featuring works by 35 artists that patrons can borrow. The article also notes the return of Paris Photo to the Grand Palais, archaeological discoveries in Italy, and updates on trans-inclusivity guidance for UK museums.

newspaper ARTnews open_in_new Read original

trending_up market schedule Jan 9, 2026 visibility 6 link 5 artists, 3 galleries

barnes foundations coo heritage auctions sales 1234769339

The Barnes Foundation has promoted Will Cary to Executive Vice President and Chief Operating Officer, where he will oversee new revenue initiatives, the Calder Gardens partnership, and a newly formed Brand department. Bukia Vakhania Gallery (formerly Gallery Artbeat) is opening a Berlin location on January 15 with a solo show by Nina Kintsurashvili. Heritage Auctions reported $2.2 billion in sales for 2025, its highest-ever annual total, driven by coins, comics, sports memorabilia, and illustration art. Antenna Space will open a Hong Kong outpost in March 2026, directed by Jeff Li. A Deloitte Private and ArtTactic report reveals that 50% of non-bank art lenders experienced loan defaults in 2024, up from 17% in 2023.

newspaper ARTnews open_in_new Read original

museum exhibitions schedule Nov 14, 2025 visibility 3 link 6 artists, 1 gallery

brooklyn public library borrow artwork 2713067

The Brooklyn Public Library (BPL) has launched an experimental art lending program alongside its new exhibition “Letters for the Future,” created with the artist-organized group Department of Transformation. The show features works by 35 artists, including a print by Kameelah Janan Rasheed and a box of spell jars by the duo Hilma’s Ghost. Twenty artworks—ranging from magnets and banners to prints and original works on paper—are available for patrons to borrow, reviving a BPL initiative from the 1950s and ’60s.

newspaper Artnet News open_in_new Read original

trending_up market schedule Jun 25, 2025 visibility 3 link 6 artists

art lending hong kong real estate sothebys 1234746125

A high-profile Hong Kong real estate family, the Parkview group, explored an art-backed loan with Sotheby’s earlier this year, offering over 200 works by artists including Andy Warhol, Pablo Picasso, Salvador Dalí, Yue Minjun, Qi Baishi, and Zao Wou-Ki. The deal collapsed due to logistical challenges around transporting and warehousing the large collection at Sotheby’s facilities. Parkview clarified that no agreement was reached and no loan is expected, while Sotheby’s did not comment.

newspaper ARTnews open_in_new Read original

trending_up market schedule Sep 23, 2025 visibility 4 link 1 artist, 1 gallery

fed reserve interest rate cuts art market loans 1234752920

The Federal Reserve cut its benchmark interest rate by 0.25 percentage points, the first reduction since December, bringing rates to their lowest level since late 2022. Art finance experts Anita Heriot of the Fine Art Group and Joshua Greenberg of Bank of America Private Bank told ARTnews that while the cut is unlikely to create new art buyers, it could stimulate art lending and borrowing against collections, as lower rates reduce the cost of carrying debt. The move signals a potential trend of further rate declines, which may encourage collectors to reengage with the market, especially amid softening art prices.

newspaper ARTnews open_in_new Read original

trending_up market schedule Jan 6, 2026 visibility 4 link 2 artists

non bank art loans defaults rise deloitte private arttactic 1234768867

Half of non-bank art lenders experienced loan defaults in 2024, up from 17 percent in 2022, according to the Art and Finance Report 2025 by Deloitte Private and ArtTactic. The report notes that while the wider art market has shrunk since 2022—sales fell 12 percent to $57.5 billion in 2024—the market for art-backed loans has grown to an estimated $33.9–$40 billion. Non-bank lenders are increasingly taking on riskier clients, with some charging over 15 percent interest, while private banks reported zero defaults in 2024.

newspaper ARTnews open_in_new Read original

trending_up market schedule Jun 18, 2025 link 2 galleries

international art finance adam chinn nahmads 1234745117

Adam Chinn, former chief operating officer at Sotheby's, has been quietly building International Art Finance (IAF), a boutique art lending firm backed by the billionaire Nahmad family. In a recent interview with ARTnews, Chinn revealed that IAF has disbursed nearly $400 million in loans and is on track to reach $500 million by the end of 2025. The firm offers short-term, non-recourse loans with an average size of $8 million, claiming an edge in speed and scale, with loans disbursed in as little as 10 days. The Nahmad family, prolific collectors and dealers, provides funding and conducts internal artwork valuations, a practice that has drawn scrutiny over potential conflicts of interest.

newspaper ARTnews open_in_new Read original

trending_up market schedule Jun 24, 2025 visibility 1

art market minute jun 23 2659130

Art Basel 2026 confirmed that the global art market remains a buyer's market, with sales occurring across various price brackets. A new generation of collectors is emerging, driven by curiosity, community, and long-term engagement rather than speculation. Meanwhile, former Sotheby's executive Adam Chinn has quietly built the art lending firm International Art Finance, backed by the Nahmad family.

newspaper Artnet News open_in_new Read original