In March 2025, major auction houses, particularly in London, achieved strong sales despite the month typically being quiet. Christie’s and Sotheby’s sold ten high-value lots, led by Jean-Michel Basquiat’s *Sabado Noche* (1984) at £8.4 million ($14.5 million). A standout result was M.F. Husain’s *Untitled (Gram Yatra)* (1954), which sold for $13.75 million at Christie’s New York, marking the first time an Indian Modern artwork exceeded $10 million at auction. Other notable sales included works by René Magritte, Yoshitomo Nara, Francis Bacon, Tamara de Lempicka, Amedeo Modigliani, Paul Delvaux, Michael Andrews, and Lisa Brice.
The March results signal robust demand across multiple collecting categories, from modern masters to ultra-contemporary art. The record for M.F. Husain underscores the growing global appetite for Indian Modern art, while the strong prices for works by Basquiat, Magritte, and Bacon reaffirm the enduring market power of blue-chip names. The concentration of sales at Christie’s London suggests the city remains a key hub for high-value auctions, even as the broader market faces economic uncertainty.