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sam gilliam foundation sued over disputed drape painting and more art industry news

The Sam Gilliam Foundation has been sued over a disputed Drape painting, while the Art Dealers Association of America announced it will not hold its annual New York fair, The Art Show, in 2025, citing a strategic pause. Christie's reported $2.1 billion in auction sales for the first half of 2025, matching last year's figure but down 22% from 2023, and a juvenile Ceratosaurus fossil sold for $30.5 million at Sotheby's. Galleries are seeing movement: Nicole Wittenberg joins Acquavella Galleries, Harper Levine plans a Bangkok space, and Felix Rödder will open Rodder on Manhattan's Upper East Side. Yale University Art Gallery withdrew federal grant applications over anti-DEI language, and the Smithsonian American Art Museum named Mary Savig curator-in-charge of the Renwick Gallery.

gladstone gallery calder mobile fineberg collection art basel paris

Alexander Calder's market remains strong despite a broader art market downturn. Thirteen Calder works have sold for over $1 million at auction this year, all within or above estimates, led by Christie's sale of *Gypsophila* (1949) for $8.5 million. Next month, Gladstone Gallery will bring Calder's standing mobile *Caged Stone on Yellow Stalk* (ca. 1955) to Art Basel Paris, priced at $5.5 million, after it sold for $3.2 million at the Gerald Fineberg collection sale in 2023. This market resilience coincides with major institutional shows: the opening of Calder Gardens in Philadelphia and a Whitney Museum exhibition celebrating the centennial of Calder's *Circus* (1926–31).

Sotheby’s Buoyant $303.4 Million Modern Art Evening Sale: By the Numbers

Sotheby’s modern art evening sale on Tuesday night generated $303.4 million, with a 97.6% sell-through rate and a hammer total of $256.5 million. The top lot was Henri Matisse’s *La Chaise Lorraine* (circa 1919), which sold for $48.4 million after a prolonged bidding war. The house withdrew three lots before the sale to improve optics, and 85% of the lots were guaranteed, mostly by third parties. Asian collectors were active at seven-figure price points, contrasting with sparse high-end bidding at Christie’s the previous night.

ppow owen fu nicola vassell na kim industry moves

P.P.O.W. gallery has taken on representation of artist Owen Fu, while Nicola Vassell Gallery now represents Na Kim, known for her book covers and paintings. Jessie Washburne-Harris has been named Global Director at White Cube, overseeing the gallery's U.S. growth. Chris Sharp Gallery added Mark A. Rodriguez to its roster, and Berry Campbell took on the estate of Louisa Chase. Mexico City dealers Misa Yamaoka and Yuna Cabon launched an artist residency program at Third Born gallery. The article also reports that combined evening sales at Christie's, Phillips, and Sotheby's in Hong Kong totaled $136 million, a significant drop from $208.6 million last fall, and highlights the rising market interest in 17th-century artist Michaelina Wautier.

sothebys saunders old masters sale results

A Sotheby's single-owner sale of 55 Old Masters works from the collection of Jordan and Thomas A. Saunders III on May 21 achieved $64.7 million, falling well short of the $80–120 million estimate. The evening sale had a 58.5% sell-through rate, with 17 lots unsold and two withdrawn; a subsequent day sale on May 22 saw a similar 58.3% rate. Top lots included Francesco Guardi's Venetian views at $10.5 million, a record $8.8 million for Jan Davidsz. de Heem, and a record $7.37 million for Frans Post. Despite these highlights, the overall performance was dampened by high estimates, shifting collector tastes, and the prevalence of guarantees.

The Rising Artists on Everyone’s Radar

The article profiles seven artists whose works have recently achieved significant auction results, often far exceeding their pre-sale estimates. Nathanaëlle Herbelin, Poppy Jones, Kathleen Ryan, Eva Helene Pade, Georg Wilson, and Ding Shilun are highlighted as contemporary artists with strong market momentum, while the poster artist A.M. Cassandre is noted for a historic sale.

Phillips’ Evening Sale of Modern & Contemporary Art More than Doubles Auction Total from the Previous Year

Phillips’ Evening Sale of Modern & Contemporary Art achieved a total that more than doubled the previous year's auction result, driven by strong demand for works spanning the 19th to 21st centuries. The sale opened with three lots exceeding their high estimates, including record prices for Lee Bontecou's rare 'Untitled' (1985-2001), which set a new record for any two-dimensional work by the artist after nearly five minutes of bidding. Other records were set for Pat Passlof, P.S. Krøyer, and Joseph Yaeger. Top lots included Andy Warhol's 'Sixteen Jackies' ($16.2 million), Claude Monet's 'La Route de Vétheuil, effet de neige' ($9.9 million), and Jackson Pollock's 'Untitled' ($9.2 million). The sale also featured works from The Collection of Ambassador John L. Loeb, Jr., which achieved a combined $8.4 million, with two Vilhelm Hammershøi works acquired by prominent institutions.