Tag: Art Market

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At Christie’s, Women Commanded the Market While Rewriting Records

Auctioneer Yü-Ge Wang sells Miss January by Marlene Dumas for $13.6 million. Christie’s Women dominated Christie’s 21st Century Evening Sale on May 14. Led by auctioneer Yü-Ge Wang and largely powered by phone bids with female specialists, it brought in $96.5 million, with a 92 percent sell-through by lot and 97 percent by value. The […]

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Sotheby’s Closes Marquee Week With $186.1M in Contemporary Sales

Sales on May 16 reflected renewed energy in the contemporary and ultra-contemporary segments. Bre Johnson/BFA.com Closing out a week-long marathon of evening marquee sales, Sotheby’s capped its final major May auction with a combined total of $186.1 million across three sales. After Tuesday’s disappointment, when the star Giacometti went unsold, the tone shifted notably. The […]

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At Sotheby’s, a $70M Giacometti Fails to Sell While Works By Munch and Cézanne Ignite Buyer Excitement

Sotheby’s Modern Evening Auction saw a headline lot by Giacometti falter dramatically, casting a shadow over an otherwise solid $186.4 million result. Brendon Cook/BFA.com If the prevailing art market mantra in recent months has been that, while buyers may be more selective, true quality will always sell, then what unfolded last night at Sotheby’s Modern […]

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Despite Quiet Bidding, Christie’s Evening Sales Brought in $489M

Adrien Meyer sells the top lot of the 20th Century Evening Sale, Monet’s Peupliers au bord de l’Epte, crépuscule, for $43 million. Courtesy Christie’s The marquee auctions may not have opened with much excitement—especially if this week is meant to test the pulse of the market—but Christie’s highly anticipated sale of the Leonard & Louise […]

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Christie’s Isabella Lauria Talks Basquiat, Market Shifts and What Makes a Masterpiece

Isabella Lauria. CHRISTIE’S IMAGES LTD. 2025 It’s the week of the big spring auctions in New York, and art collectors with a little left over in their pockets from the fair weekend now turn their attention to the big three houses. Last May Christie’s, Sotheby’s and Phillips sold $1.4 billion during this season, a 22 […]

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TEFAF Delivers Museum Quality—and Sales—Despite Market Uncertainty

Strong sales showcased TEFAF’s continued ability to attract sophisticated buyers across multiple collecting categories. Photo: Jitske Nap The energy on opening night was palpable, according to TEFAF New York director Leanne Jagtiani. “No matter how consistent it is year after year, I’m always dazzled by the quality of work our exhibitors bring to the Armory,” […]

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The Art Market Defies Doom and Gloom With Independent, Esther and Future Fair in Full Swing

Independent is at Spring Studios, New York. Alexa Hoyer New York City is undergoing a rare stress test this week—one that feels unprecedented in the not-so-long history of the contemporary art world: with over nine full-scale fairs unspooling simultaneously and what seems like a million dealers in town, the U.S. art market is performing a […]

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Frieze and NADA New York’s Early Sales Signal Buyer Confidence

Jeff Koons’s Hulk sculptures dominated Gagosian’s booth. © Jeff Koons, Incredible Hulk ™, and © Marvel. All rights reserved. Photo: Maris Hutchinson Courtesy Gagosian Frieze officially took flight yesterday (May 7) with its VIP preview, kicking off a jam-packed art week in New York, where no fewer than nine fairs are unfolding ahead of the […]

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Tina Kim On Dansaekhwa, Diplomacy and Effective Canon Building

Tina Kim has emerged as a key force in elevating Korean modern and contemporary art on the global stage. Photos by Vincent Tullo | Courtesy Tina Kim Gallery Few people—aside from perhaps her mother—have played as pivotal a role in positioning South Korea on the global art map as New York-based dealer Tina Kim. Born […]

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