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the art world in 2025

Artnet News staff reflects on the most impactful stories of 2025, covering a wide range of topics from institutional shifts and devastating wildfires to market sensations and conceptual art. Key pieces include Ben Davis's analysis of the art world's 'post-woke' turn, Sarah Cascone's report on Los Angeles artists losing homes in the Eaton Fire, Katya Kazakina's tale of a David Hockney painting yielding a 7,000 percent return at Christie's, Andrew Russeth's coverage of Richard Prince's seven-hour deposition video, Kate Brown's profile of Friedrich Kunath, and Annie Armstrong's introduction of the 'red-chip' art market driven by hype and crypto.

5 highlight artnet auctions

Artnet Auctions has launched its latest Post-War and Contemporary Art sale, featuring works by Damien Hirst, Donald Judd, Francis Alÿs, Fernando Botero, and A.R. Penck. Bidding is open through May 22, 2025, with highlights including Hirst's impasto 'Cherry Blossoms' painting 'Gilded Blossom' (est. $100,000–$150,000), Judd's plywood 'Untitled' (1979), and a figurative work by Tom of Finland alongside an Andy Warhol lot.

Richter and Judd works top Christie's solid if not stellar sale of post-war and contemporary art

Christie’s held a two-part evening sale on May 20, featuring 42 lots from the estate of dealer Marian Goodman and the single-owner collection of Henry S. McNeil Jr. The auction achieved a hammer total of $132 million ($162.6 million with fees), just above the low end of its pre-sale estimate. The top lot was Donald Judd’s untitled plexiglass and copper stack sculpture, which sold for $12.8 million with fees, setting a new record for a Judd stack at auction. A surprise standout was Richard Artschwager’s Two-Part Invention (1967), which hammered at $500,000—more than six times its high estimate. The McNeil collection achieved a white-glove sale, while all but two of the eight Gerhard Richter works from the Goodman collection were guaranteed by third parties.

Collections of two leading dealers, Barbara Gladstone and Daniella Luxembourg, hit the auction blocks in New York

Sotheby's will auction collections from two prominent dealers, Barbara Gladstone and Daniella Luxembourg, in New York on May 15. Gladstone's estate consigned 12 lots, including an Andy Warhol painting (est. $1m-$1.5m) and a Richard Prince work (est. $4m-$6m), following a competition between Christie's and Sotheby's. Luxembourg's collection of 15 post-war works, valued at over $30m, features pieces by Lucio Fontana, Salvatore Scarpitta, and Michelangelo Pistoletto, with Fontana's 'Fine di Dio' (1963) expected to lead at $12m-$18m.

Andy Warhol’s ‘Vanishing Animals’ Series Is a Meditation on the Natural World

Artnet Auctions is offering three prints from Andy Warhol's 1986 'Vanishing Animals' series in its Post-War and Contemporary Art sale, alongside a graphite study from his earlier 1983 'Endangered Species' portfolio. The 'Vanishing Animals' series features ten silkscreen prints of endangered species such as the California Condor and Sömmering Gazelle, executed in Warhol's signature style. The sale is open for bidding through November 20, 2025, with estimates ranging from $25,000 to $50,000 per work.

18TH POST-WAR AND CONTEMPORARY ART SALE

Virág Judit Gallery and Auction House will hold its 18th Post-War and Contemporary Art Sale on May 19, 2026, at the Budapest Music Center. The auction will feature a selection of works from the post-war and contemporary periods, with a public exhibition running from May 4 to May 18, 2026 (closed on May 17), daily from 10 am to 6 pm at the gallery.