Art News. Vasari Codex

article news schedule Jun 10, 2025 visibility 23 link 29 artists, 11 galleries

paint drippings art industry news jun 9 2653630

Frieze has announced over 280 exhibitors for its October fairs in London, with around 160 galleries at Frieze London and 120 at Frieze Masters, running concurrently in Regent's Park from October 15 to 19. In auction news, the original Hermès Birkin bag prototype will be sold at Sotheby's Paris on July 10, and Bonhams has appointed Celine Assimon as chief commercial officer. Galleries saw significant moves: Christian Deydier in Paris is closing due to new EU regulations on imported cultural objects, while Carroll Dunham joined Matthew Brown, Cristina Iglesias signed with Hauser and Wirth, and several other artists changed representation. Meanwhile, Tate Liverpool received £12 million in UK government funding plus philanthropic support for its redevelopment, the Royal Academy of Arts named Simon Wallis as its new secretary and chief executive, and the Whitney Museum suspended its Independent Study Program for a year after controversy over censorship of a pro-Palestine performance. The Robert Rauschenberg Foundation made three new appointments, and the Académie de la Grande Chaumière in Paris faces eviction.

newspaper Artnet News open_in_new Read original

article news schedule Jun 3, 2025 visibility 25 link 18 artists, 9 galleries

paint drippings art industry news jun 2 2651753

This week's art industry roundup covers major personnel shifts, fair announcements, and institutional news. Phillips named Robert Manley chairman for Modern and contemporary art and Miety Heiden chairman for private sales after the departures of Cheyenne Westphal and Jean-Paul Engelen. Art Basel Paris announced 203 galleries for its October fair at the Grand Palais, while Kiaf Seoul will host 176 exhibitors in September. Tony Karman is stepping down as director of Expo Chicago after 14 years. Pace Gallery added Friedrich Kunath, Galerie Nordenhake signed Naufus Ramírez-Figueroa, and Sylvia Kouvali now represents Luigi Zuccheri. Ariel Pittman is launching a new Los Angeles gallery, Official Welcome. The Louvre will return 258 works from Adèle de Rothschild's bequest to the Fondation des Artistes. President Trump dismissed Smithsonian National Portrait Gallery director Kim Sajet over DEI support, though his authority is questioned. The Centre Pompidou announced a new $240 million outpost in Brazil. The Art Institute of Chicago confirmed director James Rondeau will return after a flight incident. The Pérez Art Museum Miami appointed Karen H. Bechtel as board president. Frieze and Deutsche Bank detailed their 2025 Emerging Curators Fellowship. A rare Gustav Klimt portrait of an African prince was offered for €15 million.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 22, 2025 visibility 29 link 27 artists, 3 galleries

kenny schachter new york fair auction recap 2648049

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.

newspaper Artnet News open_in_new Read original

article news schedule May 12, 2025 visibility 23 link 25 artists, 4 galleries

paint drippings art industry news may 12 2643106 2643106

This week's art industry roundup covers major auction activity, including Christie's $250 million sale of Barnes and Noble founder Len Riggio's collection, and Sotheby's postponement of an ancient Buddhist gemstone auction after criticism from academics and India's Ministry of Culture. Frieze New York, recently sold to Ari Emanuel, reported strong sales with a $3 million Jeff Koons sculpture at Gagosian, while Gagosian's TEFAF New York booth featuring Anna Weyant's jewelry-themed paintings sold out. Other news includes Céline Assimon's appointment as chief commercial officer at Bonhams, the Spring Break Art Show's return, and gallery representation changes.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 20, 2025 visibility 19 link 8 artists, 2 galleries

maurizio cattelan america gold toilet auction 2707156

Maurizio Cattelan's 18-karat gold toilet sculpture, *America* (2016), sold at Sotheby's New York for $12.1 million to Ripley's Believe It or Not!, the entertainment franchise known for oddities. The work, consigned by hedge-fund manager Steve Cohen, was auctioned from the Breuer Building and drew long viewing lines. Despite a playful bidding process led by auctioneer Phyllis Kao, the final price fell short of Cattelan's auction record of $17.2 million set by *Him* (2001) at Christie's in 2016.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 7, 2025 visibility 23 link 13 artists, 2 galleries

steve cohen consignor maurizio cattelan golden toilet sothebys 1234760545

Top 200 Collector Steven A. Cohen has been revealed as the consignor of Maurizio Cattelan's golden toilet sculpture, *America* (2016), which will be auctioned at Sotheby's on November 18. The work, made of 18-karat gold and weighing over 100 kilograms, was purchased from Marian Goodman Gallery in 2017. It will be displayed in a bathroom at Sotheby's Breuer Building before the sale, with a starting bid expected around $10 million based on the price of its weight in gold. The piece has a notable history: one version was exhibited at the Guggenheim Museum, offered to the Trump White House as a loan alternative to a van Gogh painting, and another was stolen from Blenheim Palace in 2019, making Cohen's the only extant version.

newspaper ARTnews open_in_new Read original

trending_up market schedule Oct 31, 2025 visibility 17 link 4 artists, 2 galleries

maurizio cattelan golden toilet sothebys auction 1234759561

Sotheby's is auctioning Maurizio Cattelan's solid gold toilet, titled "America" (2016), during its November evening sale at the Breuer Building in New York. The 18-karat, 100-kilogram functional toilet will be on view from November 8, though visitors will not be allowed to use it. The starting bid will be determined by the work's weight in gold, estimated around $10 million. The piece was previously exhibited at the Guggenheim Museum in 2016, where over 100,000 visitors used it, and at Blenheim Palace in the UK, where it was infamously stolen in a smash-and-grab heist and never recovered. Sotheby's will accept cryptocurrency for the sale, following the precedent set by Cattelan's banana artwork last year.

newspaper ARTnews open_in_new Read original

article news schedule Jul 22, 2025 visibility 15 link 4 artists, 1 gallery

duct taped banana maurizio cattelan comedian eaten again 1234747892

A visitor at France's Pompidou-Metz ate a banana from Maurizio Cattelan's conceptual artwork "Comedian" (2019), which consists of a banana duct-taped to a wall. Security staff intervened calmly, and the work was reinstalled within minutes, as the fruit is regularly replaced per the artist's instructions. The incident occurred during the exhibition "The Endless Sunday," celebrating the museum's 15th anniversary, which features 30 works by Cattelan alongside over 400 others from the Musée National d'Art Moderne.

newspaper ARTnews open_in_new Read original

trending_up market schedule Apr 22, 2025 visibility 11 link 5 artists, 1 gallery

sothebys 70 million giacometti bust may auction 1234739396

Sotheby’s will offer Alberto Giacometti’s 1955 bronze bust *Grande tête mince (Grande tête de Diego)*, hand-painted by the artist as a tribute to his brother Diego, at its May 13 modern art evening sale in New York with an estimate exceeding $70 million. The 25-inch-tall work, one of six casts, is being sold anonymously through the Soloviev Foundation and comes from the estate of real estate magnate Sheldon Solow. It was exhibited at the 1956 Venice Biennale and spent nearly two decades at the Fondation Maeght before Solow acquired it in 1980. The sale also includes a Piet Mondrian painting estimated at $50 million at Christie’s as part of the Leonard Riggio collection.

newspaper ARTnews open_in_new Read original

trending_up market schedule Dec 5, 2025 visibility 28 link 18 artists

new money new taste intel report march 2025 2622189

The article, part of Artnet's Intelligence Report, profiles the rise of a new generation of art collectors, exemplified by Justine Freeman, granddaughter of legendary patron Betty Freeman. It highlights how millennials and Gen Z, who accounted for a quarter to a third of bidders at major auction houses in 2024, are reshaping the market by focusing on ultra-contemporary artists like Jadé Fadojutimi and Hilary Pecis, as well as nontraditional collectibles such as sneakers and Hermès bags. Notable sales include Maurizio Cattelan's banana artwork "Comedian" for $6.2 million to a 34-year-old crypto entrepreneur.

newspaper Artnet News open_in_new Read original

article news schedule Jul 22, 2025 visibility 10 link 3 artists

maurizio cattelan comedian banana eaten pompidou metz 2669084

A museum-goer ate Maurizio Cattelan's "The Comedian" (2019)—a banana duct-taped to a wall—on display at the Pompidou-Metz in France. The museum quickly replaced the fruit, noting it is regularly changed per the artist's instructions. Cattelan joked the eater should have consumed the tape and skin as well.

newspaper Artnet News open_in_new Read original

article news schedule Jun 2, 2025 visibility 16 link 6 artists, 2 galleries

justin sun gave silk road founder ross ulbricht cattelan banana 2651374

At the Bitcoin 2025 conference in Las Vegas, crypto entrepreneur Justin Sun presented Maurizio Cattelan's artwork *Comedian* (2019)—a duct-taped banana that sold for $6.2 million at Sotheby's—to Ross Ulbricht, the founder of the Silk Road online marketplace. Ulbricht, recently pardoned by Donald Trump after receiving a life sentence, accepted the gift and joked about replacing the banana as it perishes. Sun had previously eaten the banana at a press conference in Hong Kong after purchasing it at auction.

newspaper Artnet News open_in_new Read original

trending_up market schedule Nov 13, 2025 visibility 17 link 6 artists, 2 galleries

The art world's most infamous toilet is heading to New York auction for US$10m – and the starting bid moves with gold

Maurizio Cattelan's solid-gold toilet sculpture, *America* (2016), will be auctioned at Sotheby's New York on 18 November 2025 as part of the Now & Contemporary Evening Auction. The work, weighing 223 pounds of 18-karat gold, has a raw material value of around US$10.2 million based on current gold prices. In a first for auction history, the starting bid will fluctuate with live gold prices until bidding begins. The sculpture was previously installed at the Guggenheim Museum, where over 100,000 visitors used it, and later made headlines when the Guggenheim offered it to the Trump White House as a loan alternative to a Van Gogh painting. One edition was stolen and never recovered, making this the only surviving example.

newspaper TheValue.com open_in_new Read original

article news schedule Jul 25, 2025 visibility 15 link 4 artists

top art collector david geffen sued by estranged husband for breach of contract 1234748265

Entertainment mogul and top art collector David Geffen was sued on Tuesday by his estranged husband, model Donovan Michaels, for alleged breach of contract. The lawsuit, filed in Los Angeles Superior Court, claims Geffen promised Michaels lifelong financial support but cut him off after initiating divorce proceedings. The 33-page complaint describes their relationship as exploitative, comparing it to the plot of "Trading Places." Separately, Geffen is also entangled in a legal dispute with crypto billionaire Justin Sun over an Alberto Giacometti sculpture allegedly stolen and traded as part of a fraud scheme.

newspaper ARTnews open_in_new Read original

article culture schedule Oct 31, 2025 visibility 13 link 3 artists

justin sun maurizio cattelan banana trump memecoin 1234747455

Crypto billionaire Justin Sun announced on X that he is purchasing $100 million worth of President Donald Trump's memecoin, $TRUMP, which will soon be tradeable on the TRON blockchain. This follows Sun's previous high-profile art world moves, including buying Maurizio Cattelan's duct-taped banana artwork "Comedian" at Sotheby's for $6.2 million and later eating it, as well as a legal dispute with collector David Geffen over a stolen Alberto Giacometti sculpture. Sun also attended a White House dinner for leading $TRUMP buyers in May, which spurred $148 million in coin purchases.

newspaper ARTnews open_in_new Read original

article news schedule Aug 14, 2025 visibility 12 link 3 artists

justin sun maurizio cattelan comedian bloomberg news lawsuit 1234749376

Justin Sun, the billionaire founder of TRON and buyer of Maurizio Cattelan's "Comedian," filed a lawsuit against Bloomberg LP and Bloomberg Inc. on August 11 in the U.S. District Court in Delaware. He seeks a temporary restraining order and injunctions to prevent Bloomberg from publishing his highly confidential financial information, including specific cryptocurrency holdings, which he claims would cause irreparable harm, risk of theft, hacking, and physical danger to him and his family. Bloomberg's attorney argued the application is moot because the article had already been published hours before Sun's lawyers gave notice. The Bloomberg profile estimated Sun's net worth at $12.4 billion, detailing his ownership of over 60 billion Tronix, 17,000 Bitcoin, 224,000 Ether, and 700,000 Tether.

newspaper ARTnews open_in_new Read original

article news schedule May 30, 2025 visibility 10 link 3 artists

justin sun lawsuit david geffen jeff koons hulk 2642600

This episode of the Art Angle podcast, hosted by Kate Brown with co-hosts Ben Davis and Andrew Russeth, covers three major art-world stories: crypto collector Justin Sun’s escalating legal battle with billionaire David Geffen over a Giacometti sculpture; Jeff Koons’ trio of massive Hulk sculptures that debuted at Frieze New York; and the first round of the new Art Basel Awards. The discussion weaves together legal disputes, market signals, and institutional recognition.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 8, 2025 visibility 11 link 12 artists

justin sun responds david geffen counter response giacometti 2642004

Hong Kong crypto entrepreneur and art collector Justin Sun has filed a new 100-page legal response in his ongoing lawsuit against megacollector David Geffen over Alberto Giacometti's sculpture *Le Nez* (1949/1965). Sun claims his employee Xiong Zihan Sydney stole the $78.4 million artwork—which he bought at Sotheby's New York in 2021—and sold it to Geffen without his knowledge. Geffen counters that Sun is experiencing "seller's remorse" and that the lawsuit is a sham. Sun's latest filing alleges that Geffen paid $2 million "under the table" to dealers David and Cole Tunkl to secure the piece, and reveals that Xiong has been detained in China since February at the Dezhou Detention Center.

newspaper Artnet News open_in_new Read original

article news schedule May 5, 2025 visibility 8 link 2 artists

amid fraud case collector justin sun reportedly spent 75 m on trump backed crypto firm 1234740625

Justin Sun, the crypto billionaire known for buying and eating Maurizio Cattelan's banana sculpture, is under scrutiny after reportedly spending $75 million on World Liberty Financial (WL), a cryptocurrency firm promoted by President Donald Trump. The investment, revealed by a New York Times investigation on April 28, comes while Sun faces a U.S. Securities and Exchange Commission fraud lawsuit and a separate legal battle with collector David Geffen over an Alberto Giacometti sculpture allegedly stolen from Sun's collection.

newspaper ARTnews open_in_new Read original

trending_up market schedule Nov 25, 2025 visibility 18 link 4 artists

The Surreal Economics of the Contemporary-Art Market

A conceptual artwork titled "Comedian" by Maurizio Cattelan, consisting of a banana duct-taped to a wall, sold at auction for over $6 million to billionaire Justin Sun. This sale occurred amid widespread speculation that the contemporary-art market has peaked, with global art sales dropping 12% in 2024. However, a painting by Marlene Dumas defied the trend, fetching $13.6 million and setting a record for a living female artist. The article explores the bewildering economics of the art market, featuring insights from economist Canice Prendergast and journalist Bianca Bosker, who describe a market where prices seem divorced from traditional logic.

newspaper The University of Chicago Booth School of Business open_in_new Read original

trending_up market schedule May 14, 2025 visibility 15 link 4 artists

giacometti bust fails to sell at sothebys may 2025 sale 1234742177

A 1955 bronze bust by Alberto Giacometti, estimated at $70 million, failed to sell at Sotheby's modern evening auction in New York on May 13, 2025. The sculpture, from the estate of real estate magnate Sheldon Solow, was offered without a guarantee and bidding reached $64 million before the lot was pulled after four minutes, likely because the reserve price was set above that amount. Auctioneer Oliver Barker presided over the sale, which Sotheby's CEO Charles Stewart described as an organic auction moment despite the lack of a sale.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 9, 2025 visibility 9 link 1 artist

justin sun david geffen feud heats up 1234741811

Crypto billionaire Justin Sun and entertainment mogul David Geffen are locked in an escalating legal battle over Alberto Giacometti's sculpture *Le Nez*. Sun purchased the work for $78.4 million at Sotheby's in 2021, but claims his former art adviser Sydney Xiong fraudulently sold it to Geffen for $10.5 million in cash and two paintings, using forged documents and fictitious lawyers. Sun filed suit in New York in February; Geffen countersued in April, calling the allegations "bizarre and baseless" and accusing Sun of "seller's remorse." Sun's legal team now asserts that Xiong has been detained in China since February, while Geffen's camp points to inconsistencies in Sun's story and his broader financial and legal troubles.

newspaper ARTnews open_in_new Read original

trending_up market schedule May 13, 2025 visibility 8 link 2 artists

Justin Sun and David Geffen's legal feud over $78m Giacometti sculpture expands

Crypto billionaire Justin Sun and entertainment mogul David Geffen are escalating their legal dispute over Alberto Giacometti's sculpture *Le Nez* (1947), valued at $78.3 million. Sun alleges that his former art adviser, Sydney Xiong, sold the sculpture to Geffen without authorization using forged documents and fake lawyers, and that Xiong is now detained in China. Geffen countersues, calling Sun's claims "bizarre and baseless," pointing to inconsistencies in Sun's story and his financial troubles.

newspaper The Art Newspaper open_in_new Read original