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Artnet News, in collaboration with Morgan Stanley, analyzed auction data from the Artnet Price Database to assess the state of the European Old Master market since 2018. The investigation explores how efforts to contemporize Old Masters—through juxtapositions at art fairs like TEFAF and Masterpiece London, and gallery shows such as David Zwirner's 'Endless Enigma'—have correlated with market trends for Contemporary and Ultra-Contemporary artists whose work is visibly influenced by classical European art. The report also examines the impact of living artists inspired by Old Masters, suggesting that restricting analysis to historical works alone may underestimate their ongoing influence on the art market.

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Artnet News and Morgan Stanley have released a report analyzing the global art auction market across four major cities—London, Paris, Hong Kong, and New York—over the period from 2013 to 2023. Total auction sales for the first half of 2024 fell to $5.05 billion, down from $7.17 billion in the same period of 2023. The report highlights a dramatic 49 percent decline in London's auction sales following the 2016 Brexit vote, while New York has maintained its dominant position, driven by blockbuster collections like those of Peggy and David Rockefeller and Paul G. Allen. Hong Kong saw growth until the Chinese property crisis in 2022, and Paris has gained ground post-Brexit, with sales up 30 percent over 2013.

Phillips' Priority Bidding drives 100% sell-through at Hong Kong evening sale, totalling US$20.5m

Phillips achieved a 100% sell-through rate at its Modern and Contemporary Art Evening Sale in Hong Kong on 27 September, totaling nearly HK$160 million (US$20.5 million). All 20 lots sold, with six works exceeding HK$10 million. The top lot was Yoshitomo Nara's *Pinky* (2000), which sold for HK$56.64 million (US$7.2 million) after its estimate was lowered from HK$60–80 million to HK$35–55 million. The sale was the first major test of Phillips' new Priority Bidding (PB) system, which offers a reduced buyer's premium to collectors who place written bids at or above the low estimate at least 48 hours before the auction. Seven lots were withdrawn and several estimates revised downward ahead of the sale, contributing to the white-glove result.

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On June 6, 2025, Artcurial Paris will host "Twenty One Contemporary," a curated auction dedicated exclusively to 21st-century art. The sale features works by artists such as Xavier Veilhan, Barthélémy Toguo, Aboudia, Thomas Houseago, and Guillaume Bresson, spanning experimental sculpture, painting, and works on paper. Highlights include Veilhan's machine-carved birch sculpture "The Neptunes" (2015), Toguo's large-scale watercolor "Homing Pigeon" (2005), and Bresson's photorealistic "Sans titre" (2010), with estimates ranging from €15,000 to €120,000.

Tiny Cranach Painting That Vanished During WWII Returns to Dresden

A miniature portrait of Friedrich III (Frederick the Wise) by Lucas Cranach the Elder, missing since World War II, has been returned to the State Art Collections of Dresden, Germany. The painting was last documented in May 1945 in a limestone quarry shelter near Pockau-Lengefeld before vanishing. It resurfaced in 2024 when consigned to Parisian auction house Artcurial, whose provenance investigation revealed a matching inventory number from 1722–1728. The Dreyfus family in France, the modern owners, returned the work after negotiations and a financial agreement. It is now on view at the Coin Cabinet of the Royal Palace in a special exhibition marking the 500th anniversary of Friedrich III's death, and will later be permanently displayed in the Semper Gallery.

25 of 2025: 5 Painters Who’ve Been Catching Our Eye

Artnet News has spotlighted five painters in its '25 of 2025' series, highlighting emerging talents defining the year. Among them are Pol Taburet, a Parisian painter known for bold color palettes and a rising market presence, with works selling above estimates at Sotheby's and Artcurial, and Maja Ruznic, a Bosnian-born artist whose haunting, jewel-toned works earned comparisons to Klimt and Rothko and a standout at the 2024 Whitney Biennial. Taburet is set to feature in the 36th Bienal de São Paulo, while Ruznic recently opened a solo exhibition at Karma Gallery and is included in Site Santa Fe International.

A Chunk of Eiffel Tower’s Spiral Staircase Returns to Auction After 40 Years

A significant 8.5-foot segment of the Eiffel Tower's original 19th-century spiral staircase will be auctioned by Artcurial on May 21. This piece, removed during a 1983 renovation and one of only 24 sections created, has remained in private French hands since its initial sale that same year and is expected to fetch between €40,000 and €50,000.

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An early self-portrait by Artemisia Gentileschi, depicting the artist as Saint Catherine of Alexandria, sold at Christie’s in New York for $5.69 million, far exceeding its $2.5–3.5 million estimate. The painting, one of only five known self-portraits by Gentileschi, was painted when she was 20 and living in Florence. The previous auction record for the artist was $5.25 million set in 2019 at Artcurial in Paris.

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A self-portrait by Artemisia Gentileschi sold for $5.69 million at Christie’s New York, setting a new auction record for the artist. The painting, *Self-Portrait as Saint Catherine of Alexandria*, is one of only five self-portraits by Gentileschi and is believed to be the earliest, painted when she was around 20 years old in Florence. It far exceeded its presale estimate of $2.5–$3.5 million. On the same day, the National Gallery of Art in Washington, D.C., announced its acquisition of another Gentileschi work, *Mary Magdalene in Ecstasy* (circa 1625), funded by a gift from Nina J. Cohen and the Patrons’ Permanent Fund.

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A rediscovered painting by Baroque master Artemisia Gentileschi, titled 'Lucretia,' sold for €4.8 million ($5.28 million) at an Artcurial auction in Paris, shattering the artist's previous auction record. The price soared to six times its high estimate, reflecting intense market competition for the rare work.

A dreamscape in violet: Zao Wou-Ki’s "27.01.83" sells for US$2.3m at China Guardian Hong Kong

China Guardian Hong Kong's 2025 Autumn Auctions achieved approximately HK$70 million (US$8.9 million) in its Asian 20th Century and Contemporary Art Sale on 8 October. The top lot was Zao Wou-Ki's abstract canvas *27.01.83* (1983), which sold for HK$17.7 million (US$2.3 million), more than doubling its low estimate. The second-highest result was Li Chen's bronze sculpture *Dragon-Riding Buddha* (2001), which fetched nearly HK$11.15 million (US$1.4 million). The sale recorded an 85% sell-through rate across 99 lots.

A historic section of the Eiffel Tower's original staircase is set to go up for auction

Un tronçon historique de l’escalier d’origine de la tour Eiffel s’apprête à s’envoler aux enchères

The auction house Artcurial is set to auction a 2.75-meter-tall section of the original spiral staircase from the Eiffel Tower on May 21. This specific segment, consisting of fourteen riveted steel steps, was part of the structure connecting the second and third floors until it was dismantled in 1983 to make way for modern elevators. Estimated between €120,000 and €150,000, the piece holds significant historical value as it is the inaugural 'Lot No. 1' from the original 1983 dispersal sale.

In Pictures: Prince Albert II and Princess Caroline open Monaco Art Week 2026

Prince Albert II and Princess Caroline of Hanover opened the 8th edition of Monaco Art Week on Monday evening at the New National Museum of Monaco. The event, running until May 1, transforms the Principality into an open-air art trail with fourteen participating venues, including Artcurial, Sotheby's, Almine Rech Gallery, and the Hôtel des Ventes de Monte-Carlo, spread across La Condamine, Monte-Carlo, and Larvotto. The royal siblings toured the current exhibition "The Feeling of Nature," which explores works from Nicolas Poussin to contemporary art, featuring painting, sculpture, jewellery, and design. The week will culminate with the opening of the Art Monte-Carlo fair at the Grimaldi Forum, marking its 10th edition under the artistic direction of Stefano Rabolli Pansera.

An Artemisia Gentileschi self-portrait and Judy Chicago’s Scottish queen: our pick of the February auctions

A series of significant artworks are heading to auction in February, led by an early Artemisia Gentileschi self-portrait making its auction debut at Christie's New York with an estimate of $2.5m-$3.5m. Other highlights include Rembrandt's last privately-held animal drawing, 'Young Lion Resting', at Sotheby's New York ($15m-$20m estimate), a Judy Chicago print of Mary, Queen of Scots at Phillips, and an Odilon Redon work on paper at Artcurial Paris.

Kimbell Art Museum acquires Chardin still life after record-breaking auction sale falls through

The Kimbell Art Museum in Fort Worth, Texas, has acquired Jean Siméon Chardin's still life *The Cut Melon* (1760) from the Rothschild family after a record-breaking auction sale at Christie's Paris in June 2024 fell through. The winning bidder, Italian real estate promoter Nanni Bassani Antivari, never paid, leading Christie's to sue him for compensation. The Rothschilds then sold the painting directly to the Kimbell, which had been the underbidder at auction. The work, which retains its original frame from its 1761 Salon debut, went on view at the museum on 22 May in the French still life gallery.

Van Cleef & Arpels cashes in on lucrative secondary market for vintage jewellery

Van Cleef & Arpels has capitalized on the growing secondary market for vintage jewelry through its Heritage Collection, launched in 2007. The collection offers around 150 curated 20th-century pieces, authenticated and restored by the maison, allowing clients to buy directly from the jeweler rather than through auction houses like Sotheby's, Christie's, and Artcurial, which sold over €120 million in Van Cleef jewels in 2024.

A Piece of the Eiffel Tower Is Heading to Auction

A historic section of the original Eiffel Tower staircase is set to be auctioned by Artcurial in Paris on May 21. The nearly nine-foot-tall segment consists of 14 spiral steps that once connected the monument's second and third levels before being dismantled in 1983 to make way for elevators. Estimated to fetch between $140,000 and $175,000, the piece has been held in a private collection for over forty years.

Auctions of the week: Art, design, jewelry and comics

Auctions of the week: Art, design, jewelry and comics

The global auction calendar for the week of March 19–25, 2026, features a dense schedule of sales across major hubs including Milan, Rome, Paris, Hong Kong, and New York. Italian houses like Il Ponte, Wannenes, and Finarte are leading with diverse offerings in Modern and Contemporary art, design, and niche collectibles like European comics and militaria. Simultaneously, international giants Christie’s and Sotheby’s are hosting major sessions ranging from Modern British art in London to luxury spirits and private sales in Asia and the United States.

Deux nouveaux tableaux français du XVIIIème siècle pour le Musée Fabre

The Musée Fabre in Montpellier has acquired two 18th-century French paintings at auctions held by Artcurial in September 2025. The first is an "Allégorie de la Poésie" (1774) by Élisabeth Louise Vigée Le Brun, purchased for €250,000 with support from the museum's corporate foundation and a special grant from the Fonds du patrimoine. The painting, which depicts the early struggles of the future portraitist, was previously owned by Henry and Catherine Robert and had been exhibited in a major retrospective at the Grand Palais a decade ago.

Asian Spring 2026: dates and program of the Parisian art festival for lovers of Asia

The 9th edition of Printemps Asiatique (Asian Spring) will take place from June 3 to 12, 2026, across Parisian galleries, museums, and auction houses. Modeled on New York’s Asia Week and London’s Asian Art, the festival features a shared calendar of exhibitions, tours, talks, and auctions, with nearly thirty galleries, ten museums and art venues, and thirteen auction houses participating. This year, Korea is the spotlight country, with dedicated exhibitions and artistic itineraries. Key venues include the Musée National des Arts Asiatiques - Guimet, Musée Cernuschi, Musée des Arts Décoratifs de Paris, and Musée du Louvre, alongside auction houses such as Christie's, Sotheby's, Bonhams, and others.

Auctions of the week: ancient paintings, Modern art and the Orient

The global art market is entering a high-intensity period between March 5 and 11, 2026, with a dense schedule of auctions spanning Italy, London, Vienna, and Geneva. Major international houses including Christie’s, Sotheby’s, Phillips, and Bonhams are hosting marquee 20th and 21st-century art sales in London, while Italian houses like Finarte, Pandolfini, and Bertolami focus on Old Master paintings, design, and private estates. Notable single-owner collections, such as the Roger and Josette Vanthournout Collection and the estate of Antonio Crivellaro, are among the week's highlights.

Children and Satyr: Two Artcurial Sales in Paris

Enfants et satyre : deux ventes Artcurial à Paris

Artcurial in Paris is holding two upcoming sales on March 25, featuring a diverse collection of works on paper. The sales include a drawing of a camel by Jean-Pierre Houël, a preparatory sketch of a plucked chicken by Jean-François Tourcaty, a study of a man wearing a satyr mask by Parmigianino, and a drawing by Thomas Couture depicting a scene from his painting 'Pierrot en correctionnelle.'