Art News. Vasari Codex

article culture schedule Mar 19, 2026 visibility 32 link 6 artists, 1 gallery

vet sothebys gagosian book history art market

Valentina Castellani, a veteran of Sotheby’s and Gagosian, is releasing a new book titled 'Trading Beauty: Art Market Histories from the Altar to the Gallery'. The publication aims to fill a pedagogical gap Castellani discovered while teaching at New York University, providing a comprehensive chronological overview of the art market from the Renaissance to the post-pandemic era. Published by Gagosian and distributed by Rizzoli, the book features a cover by Maurizio Cattelan and an introduction by Massimiliano Gioni.

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article culture schedule Dec 5, 2025 visibility 26 link 18 artists, 5 galleries

art world acronyms

The article provides a comprehensive guide to essential acronyms used in the art world, explaining what each abbreviation stands for and its significance. It covers organizations like AAM (American Alliance of Museums), AAMD (Association of Art Museum Directors), and ADAA (Art Dealers Association of America), as well as art fairs such as ABMB (Art Basel Miami Beach) and ARCO (Arte Contemporáneo in Madrid). It also includes advisories like AIG (Art Intelligence Global), historical galleries like AIR (Artists in Residence), and defunct fairs like FIAC (Foire Internationale d'Art Contemporain), offering context on their origins and current relevance.

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article culture schedule Sep 12, 2025 visibility 18 link 9 artists, 1 gallery

yasmina reza art play putting a higher price on it

The article examines the revival of Yasmina Reza's play "Art" on Broadway, which centers on three men arguing over a seemingly blank canvas purchased for a high price. The new production updates the painting's cost from 200,000 francs (about $60,000) to $300,000, reflecting today's inflated art market. The play's themes of aesthetics versus market value resonate with current debates about speculative hype and irrational pricing in contemporary art.

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trending_up market schedule May 1, 2025 visibility 23 link 13 artists, 3 galleries

the venice biennale spotlights the market for latin american art

The Venice Biennale, often called the 'Olympics of the art world,' is spotlighting Latin American art in its 2024 edition. Curated by Adriano Pedrosa, director of the São Paulo Museum of Art and the first South American and openly queer person to hold the role, the exhibition titled 'Foreigners Everywhere' features over 330 artists, with more than 80 having ties to Latin America—about 24 percent of the show, up from 11 percent in 2022. The article examines the market for Latin American art, noting that while auction records exist (e.g., Frida Kahlo's $34.9 million painting), total auction volume for Latin American artists has declined from $388.3 million in 2015 to $245.5 million last year, reflecting a specialized market dominated by a few internationally recognized figures.

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trending_up market schedule May 22, 2026 visibility 28 link 22 artists, 8 galleries

Eyes Wide Open! Kenny Schachter Dishes on Delinquent Dealers, Secret Deals, and That Other ‘Salvator Mundi’

Kenny Schachter offers a sardonic, first-person account of the spring 2025 art season in New York, weaving together observations from auctions, art fairs, and gallery openings. He notes brisk business at Sotheby's and Phillips, citing specific sales like James Ensor's tiny "Still life with Stingray" ($140,800) and Georgia O'Keeffe's double-sided "Maple Leaves and Flowering Cactus" ($1.68 million). Schachter also recounts his experience at Larry Gagosian's new Madison Avenue gallery, where security guards outnumbered the artworks, and reflects on the broader economic climate, including a tax lawyer moonlighting as a 3-D printer for his own sculpture project. He contrasts the wealthiest collectors—one driving a Lamborghini but staying at a Holiday Inn Express—with dealers wearing grim faces at TEFAF, painting a picture of a bifurcated art economy.

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trending_up market schedule May 18, 2026 visibility 35 link 29 artists, 4 galleries

The 16 Most Expensive Artworks Ever Sold at Auction

ARTnews published an updated list of the 16 most expensive artworks ever sold at auction, highlighting recent record-breaking sales such as Gustav Klimt's *Portrait of Elisabeth Lederer* (1914–16), which fetched over $236.4 million at Sotheby's, and Jackson Pollock's *Number 7A, 1948*, which sold for well above its $100 million estimate at Christie's in May 2026 from the S. I. Newhouse collection. The article traces the history of top auction prices, including Vincent van Gogh's *Orchard with Cypresses* (1888), which sold for $117 million during the Paul Allen sale at Christie's in November 2022, part of a record $1.5 billion single-evening auction.

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trending_up market schedule Feb 9, 2026 visibility 17 link 26 artists, 1 gallery

klimt record sothebys london

Gustav Klimt's final portrait, 'Dame mit Fächer (Lady With a Fan),' sold for £85.3 million ($108.4 million) at Sotheby's London, setting a new record for the most expensive work of art ever auctioned in Europe. The painting, which was still on Klimt's easel when he died in 1918, surpassed its pre-sale estimate of over £65 million after a ten-minute bidding war.

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trending_up market schedule Nov 18, 2025 visibility 19 link 2 artists, 1 gallery

jeffrey epstein emails leon black picasso gagosian

Newly released emails from convicted sex offender Jeffrey Epstein reveal that he discussed a plan by billionaire art collector Leon Black to purchase a Picasso painting from Gagosian gallery for $100 million. In a 2015 email to Melanie Spinella, a representative for Black, Epstein questioned the lack of a written contract for the overseas transfer, calling it 'fishy.' The emails also show Epstein advising Black on broader art purchasing strategies, including assigning agreements to family members, and offering opinions on Artspace, the online art marketplace acquired by Black's publishing house Phaidon.

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trending_up market schedule Oct 15, 2025 visibility 22 link 14 artists, 5 galleries

gulf art scene global force

The article reports on the rapid expansion of the Gulf art scene, with a packed calendar of events from November to March including Abu Dhabi Art, the Diriyah Contemporary Art Biennale, Noor Riyadh, Desert X AlUla, Art Basel Qatar, Art Dubai, and the Sharjah Biennial. Institutional buying is surging as Abu Dhabi prepares to open its Guggenheim, Qatar Museums acquires for the Art Mill, and Saudi Arabia buys for multiple planned museums. The number of collectors is also growing, driven by a "Covid bounce" of high-net-worth individuals relocating from Europe and India to tax-efficient Dubai and Doha, with 6,700 millionaires moving to the UAE in 2024 alone.

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trending_up market schedule May 1, 2025 visibility 44 link 33 artists, 3 galleries

state of the art market old masters and neo old masters

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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trending_up market schedule May 1, 2025 visibility 24 link 15 artists, 4 galleries

a tale of four cities

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.

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article news schedule Dec 22, 2025 visibility 16 link 17 artists

jeffrey epstein art world connections

The article details the ongoing release of documents related to disgraced sex offender Jeffrey Epstein, revealing his extensive ties to prominent art world figures. Key connections include former MoMA chairman Leon Black, who paid Epstein tens of millions for tax advice and engaged in art transactions involving a Giacometti sculpture and a Cézanne watercolor; retail mogul and art collector Leslie Wexner; and artist Andres Serrano. It also highlights the story of artist Maria Farmer, who was assaulted by Epstein and Maxwell and faced threats against her art career when she tried to report them in the 1990s.

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trending_up market schedule Dec 19, 2025 visibility 22 link 24 artists, 2 galleries

top auction moments of 2025

Artnet News rounds up the standout auction moments of 2025, highlighting both triumphs and disappointments. M.F. Husain's *Untitled (Gram Yatra)* (1954) smashed expectations at Christie's, selling for $13.8 million—more than double the artist's previous record and the first South Asian Modern work to exceed $10 million. In contrast, Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922) fell short of its $50 million estimate at Christie's, missing the artist's auction record, while Alberto Giacometti's *Grande tête mince* (1955) failed to sell at Sotheby's despite a $70 million asking price, underscoring market volatility.

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trending_up market schedule Nov 19, 2025 visibility 16 link 16 artists

november marquee auction sales midpoint analysis

Christie's and Sotheby's November marquee auctions in New York generated a combined $1.4 billion, with Sotheby's achieving a record $706 million from a double-header sale. The highlight was Gustav Klimt's "Portrait of Elisabeth Lederer" (1914–16), sold for $236.4 million from the collection of late cosmetics heir Leonard Lauder, becoming the most expensive modern artwork ever sold at auction. Christie's Monday sale brought in $690 million, falling short of its $731.5 million high estimate but still marking a 42% increase over its equivalent sale last November.

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trending_up market schedule Nov 19, 2025 visibility 19 link 17 artists

records fall during 706 million night at sothebys turbocharged by blue chip lauder trove

Sotheby's achieved a record-breaking $706 million auction night at its new global headquarters in the Breuer Building, New York, the highest total in the auction house's 281-year history. The sale was propelled by the collection of late art patron Leonard A. Lauder, whose 24 pieces sold for $527.5 million, led by Gustav Klimt's *Portrait of Elisabeth Lederer* (1914–16) which fetched $236.4 million, becoming the second-priciest artwork ever sold at auction. A subsequent contemporary and ultra-contemporary art sale added $178.5 million.

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trending_up market schedule May 23, 2025 visibility 16 link 9 artists, 1 gallery

work of the week pablo picasso tete dhomme a la pipe

Loïc Gouzer, founder of the auction app Fair Warning, partnered with Christie's to sell Pablo Picasso's drawing *Tête d'homme à la pipe* (1971) in a hybrid in-person and digital auction on May 15. The work, estimated at $6–8 million, hammered for $6.6 million ($7.79 million with fees) to a phone bidder at Coco's at Colette in New York's GM Building, with Jussi Pylkkänen officiating. Notable attendees included collectors Alberto Mugrabi and David Mugrabi, and dealer Joseph Nahmad. The drawing, executed two years before Picasso's death, depicts a musketeer inspired by *The Three Musketeers* and had never been auctioned before.

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museum exhibitions schedule Apr 24, 2026 visibility 39 link 16 artists

The Multibillion-Dollar Maneuvers Behind the Met’s Raphael Show

The Metropolitan Museum of Art has opened “Raphael: Sublime Poetry,” the largest survey dedicated to the Renaissance master in the U.S., featuring 33 paintings and 142 works on paper. The exhibition includes loans from 60 public institutions across 11 countries, as well as private loans from billionaire Leon Black, and the estimated aggregate value of the art on view is in the billions of dollars. Curated by Carmen Bambach, the show took eight years to organize and follows her previous triumphs on Leonardo and Michelangelo.

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trending_up market schedule Feb 6, 2026 visibility 23 link 3 artists

drawing of foot michelangelo record christies

A previously unknown red-chalk drawing by Michelangelo, a study for the foot of the Libyan Sibyl from the Sistine Chapel ceiling, sold for $27.2 million at Christie’s New York on Thursday, far exceeding its $1.5–$2 million estimate. The work was submitted to Christie’s online estimate portal last March by an anonymous owner who inherited it from their grandmother; it had hung on a wall for years, assumed to be a copy. After months of authentication using infrared reflectography and cross-referencing with drawings at the Metropolitan Museum of Art and the Uffizi Gallery, Christie’s specialists confirmed it as an authentic Michelangelo. The sale set a new auction record for the artist, surpassing the previous $24.3 million record set at Christie’s Paris in 2022.

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article news schedule Jan 9, 2026 visibility 18 link 4 artists

can you insure a national treasure bayeux tapestry loan sparks 1 1 billion debate

France's historic loan of the Bayeux Tapestry to the British Museum has sparked controversy over the proposed £800 million ($1.1 billion) insurance cover, which critics argue is unsuitable for such a fragile, 950-year-old textile. Art historians and conservators have raised concerns that the U.K.'s Government Indemnity Scheme does not cover damage from preexisting conditions or inherent vice, and that no sum can adequately insure an irreplaceable heritage object. A French petition calling on President Emmanuel Macron to cancel the loan has garnered over 75,000 signatures, but the U.K. government has proceeded with plans, including a practice "dry run" using a facsimile and a custom crate designed to minimize vibrations.

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article culture schedule Jan 1, 2026 visibility 11 link 5 artists, 2 galleries

experts how to make it art world

Artnet News has launched a new four-part podcast mini-series titled "How to Get Ahead in the Art World," produced in partnership with Art Market Mentors. Hosted by editor-in-chief Naomi Rea and produced by Sonia Manalili, the series features insights from top art-world insiders including Cat Manson (former Christie's leader turned career coach), Loïc Gouzer (former Christie's rainmaker and founder of Fair Warning), and Brooke Lampley (senior roles at Sotheby's and Gagosian). Each episode covers a key career lesson: taking ownership of your career, trusting your instincts, leading with passion, and embracing a layoff as a reset.

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trending_up market schedule Nov 21, 2025 visibility 20 link 18 artists

frida kahlo el sueno sothebys auction

Frida Kahlo's painting *El sueño (La cama)* (1940) sold at Sotheby's New York for $54.7 million on Thursday night, setting a new auction record for any artwork by a female artist. The sale, which lasted under five minutes, exceeded the previous record held by Georgia O'Keeffe's *Jimson Weed/White Flower No. 1* ($44.4 million in 2014). The painting was backed by an irrevocable bid and came from the collection of Selma Ertegun, offered as part of a Surrealist group titled "Exquisite Corpus." Anna Di Stasi, Sotheby's head of Latin American art, placed the winning bid on behalf of a client.

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article news schedule Nov 21, 2025 visibility 16 link 6 artists

trump epstein emails salvator mundi

Newly released emails between Jeffrey Epstein and journalist Michael Wolff reveal Epstein speculating about the $450 million sale of Leonardo da Vinci's *Salvator Mundi* and its possible connection to Donald Trump. In a May 2019 exchange, Epstein suggested that the painting's sale by Russian oligarch Dmitry Rybolovlev to Saudi Crown Prince Mohammed bin Salman might have been a covert bribe to secure Trump's support on Middle Eastern policy, specifically his veto of a congressional resolution against U.S. involvement in the Yemen war. Epstein also noted that his "art guy" thought the painting wasn't very good.

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trending_up market schedule Nov 19, 2025 visibility 18 link 5 artists

gustav klimt portrait of elisabeth lederer auction record

Gustav Klimt's 'Portrait of Elisabeth Lederer' (1914–16) sold for $236.4 million at Sotheby's New York on November 18, 2025, after 20 minutes of bidding. The painting, which started at $130 million, was won by a phone bidder represented by Sotheby's specialist Julian Dawes, with the hammer price at $205 million. The work was the highlight of the Leonard A. Lauder Collection sale, a 55-work trove valued at over $400 million, and proceeds will go to the Lauder trust. The portrait had been restituted after Nazi-era confiscation and was acquired by Lauder in the mid-1980s.

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article news schedule Jun 23, 2025 visibility 15 link 12 artists

romania wins long term hold on disputed el greco

Romania has secured a "long-term hold" on El Greco's painting *Saint Sebastian* (1610–1614), which was pulled from a Christie's New York Old Masters sale in February. The work is claimed by Romania as unlawfully taken from its national collection in 1947. The painting will remain at Christie's until legal proceedings resolve the dispute. Meanwhile, Italian sculptor Arnaldo Pomodoro died in Milan at age 98, and abstract painter Thornton Willis died in New York at 89. Other news includes a letter from National Gallery director Gabriele Finali defending the Rubens attribution of *Samson and Delilah*, Japan's curatorial appointments for the 2026 Venice Biennale, and a Bristol City Council fundraiser to acquire an early JMW Turner painting.

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trending_up market schedule Jun 4, 2025 visibility 20 link 21 artists

old masters sales takeaways art detective

Sotheby's underperformed with the highly anticipated Saunders Collection of Old Masters, which was estimated at $80–120 million but sold for only $65.4 million, falling $14.6 million short of its low estimate. The sell-through rate was a dismal 58%, with 16 of 43 lots failing to sell in the standalone auction. Christie's also saw disappointing results, with a smaller sale totaling $6.89 million, 17% below its low target. The collection, amassed by the late banker Thomas A. Saunders III and his wife Jordan, was billed as the most valuable Old Masters collection ever to come to auction.

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trending_up market schedule Jun 11, 2025 visibility 17 link 18 artists, 1 gallery

Have we reached peak painting?

The article examines the enduring dominance of painting in the art world, despite repeated predictions of its demise. It cites record-breaking sales—Leonardo's *Salvator Mundi* ($450m), Jasper Johns's *Flag* ($110m), and Marlene Dumas's *Miss January* ($13.6m)—and highlights the upcoming Jenny Saville survey at the National Portrait Gallery in London. The Turner Prize shortlist includes painter Mohammed Sami, whose work *Poor Folk II* sold for $571,500 at Sotheby's, far exceeding estimates. Exhibitions like *Painting after Painting* at SMAK in Ghent and *R U Still Painting???* in New York explore how artists continue to use the medium, with curators and market figures affirming painting's resilience.

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museum exhibitions schedule May 14, 2026 visibility 10 link 1 artist

‘Blood can either be a connective tissue or something used for division’: Jordan Eagles on his show a Pioneer Works

Jordan Eagles presents "Bases Loaded," a solo exhibition at Brooklyn's Pioneer Works that explores his lifelong fandom of the New York Mets through works made with donated blood and medical waste. The show features three bodies of work: large-scale reproductions of New York Post covers about the team, cast-resin sculptures of home plate filled with blood and family artifacts, and T-shirts given to blood donors at the Mets ballpark that Eagles cropped and splashed with blood from HIV-positive gay men, arranged by color into orange and grey factions.

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person people schedule Dec 11, 2025 visibility 14 link 3 artists, 1 gallery

how to take creative risks loic gouzer

This episode of the podcast series "How to Get Ahead in the Art World" features Loïc Gouzer, the former Christie's executive known for orchestrating the record-breaking $450 million sale of Salvator Mundi. Gouzer discusses his career risks, including pioneering the curated sale format and launching Fair Warning, a private auction app that has achieved new price records. He emphasizes trusting instinct over data in the art market and offers advice on spotting opportunities, mastering skills before breaking rules, and building an authentic personal brand.

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trending_up market schedule May 7, 2026 visibility 27 link 14 artists

Fair Warning Bets Big on a Banksy That Could Realize $18 Million

Fair Warning, the members-only online sales platform founded by former Christie's rainmaker Loïc Gouzer, is staging a rare live auction on May 20 at Tiffany & Co.'s flagship store in New York. The centerpiece is Banksy's *Girl and Balloon on Found Landscape* (2012), a work from the artist's 'Crude Oils' series that has never been publicly exhibited. Consigned by a private collector, the painting carries an ambitious estimate of $13 million–$18 million, one of the highest ever for a Banksy. Gouzer argues that Banksy is among the most consequential artists of our time, comparing his trajectory to Jean-Michel Basquiat, and sees this sale as a landmark moment for the artist's market.

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trending_up market schedule Feb 5, 2026 visibility 21 link 11 artists

adam lindemann too much art column

Adam Lindemann draws a parallel between the oversupply of wine and the current state of the art market, noting that too many galleries and artists are producing work while demand from collectors is slowing. He cites the glut of art fairs, particularly the 840 galleries exhibiting during Miami Basel week in December 2025, and quotes advisor Allan Schwartzman describing the market as "tired." Lindemann observes that even mega-trophies like Leonardo's *Salvator Mundi* are rare exceptions, and that museums are becoming more selective in accepting donations.

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