Art Basel Hong Kong 2025 concluded with significant sales. Hauser & Wirth sold a Christina Quarles painting for USD 3.5 million; Thaddaeus Ropac secured seven-figure deals including a USD 2 million bronze sculpture and a USD 1.5 million oil painting; Takashi Murakami’s Tan Tan Bo: Wormhole (2025) sold for USD 1.35 million through Gagosian Gallery.
Piet Mondrian’s 1922 painting Composition with Large Red Plane, Bluish Grey, Yellow, Black and Blue, 1922 (oil on canvas, 21¼ x 21 in) is highlighted as a peak example of Neo-Plasticism. The work will be offered in Christie’s New York in the Leonard & Louise Riggio: Collected Works sale in May 2025, with the sale featuring more than 30 works from René Magritte, Pablo Picasso, Alberto Giacometti, and Andy Warhol.
The article discusses why restitution cases involving Nazi-looted art remain unresolved in 2025, focusing on the heirs of Alfred Flechtheim seeking the return of artworks and the challenges of provenance and legal frameworks that complicate restitution efforts.
The article discusses the market and visibility of women artists, noting exhibitions and renewed interest in rediscovered female artists, and touches on sales activity at major auctions to assess whether this attention translates into stronger market performance.
Paul Cézanne, Portrait de Madame Cézanne, circa 1877 is highlighted as the leading work in Sotheby’s Modern Perspectives: The Collection of Rolf & Margit Weinberg, to be offered in New York with an estimated price range of $5,000,000–$7,000,000. The collection includes works by Cézanne, Matisse, Degas, Kandinsky, Munch, Moholy-Nagy, and Schiele, and will be exhibited in New York from May 2 before the May sale.
The article reports that contemporary auction sales fell 27 percent in 2024 to $698 million, with related details from the Hiscox Artists Top 100 (HAT 100) report. It notes declines in speculative and post-2000 works, a drop in high-value lots, and that most 2024 sales occurred in New York. Yayoi Kusama (image caption) is referenced in the context of a display for auctions in Hong Kong.
Claude Monet’s Peupliers au bord de l’Epte, crépuscule is highlighted in Christie’s 20th Century Evening Sale in New York. The work is an oil on canvas from Monet’s Les Peupliers series, painted in 1891, with an estimated price range of $30 million to $50 million. The painting has notable provenance and exhibition history, including an early showing in 1892 and ownership by Paul Durand-Ruel before entering a private collection.
Christopher Wood (1901-1930) Drying sails at Mousehole is a 40cm x 50cm work on wood panel that sold for £479,100. The page notes an auction world record price for the artist and lists exhibitions and literature related to the work.
Egon Schiele drawing from 1916 ordered by a New York judge to be returned to the heirs of Fritz Grünbaum. The Art Institute of Chicago, which acquired the work in 1966, was found to have relied on disputed provenance and has to relinquish the drawing after evidence suggested forged documents by Swiss dealer Eberhard Kornfeld.
Gustav Klimt, Portrait of Fräulein Lieser (1917) is discussed; the sale reached $32 million but fell through after a restitution settlement failed to proceed. The painting had an anonymous buyer from Hong Kong and involved provenance gaps reportedly linked to the Lieser family and the Nazi era.
Don’t miss your chance to own works by Pablo Picasso, Leonora Carrington, Joan Miró and more at entry-level prices, only in Christie’s 20th/21st Century Art Day Sales on 13 May
Christie’s examines PHILLIPS TO OFFER NINE MUSEUM-QUALITY CARTIER CLOCKS HAILING FROM A PRESTIGIOUS PRIVATE COLLECTION ACROSS SPRING AUCTIONS IN GENEVA AND HONG KONG and its significance for artists, collectors, institutions, or the art market.
Having grown up in a Texas oil town, the artist developed a lifelong concern for the environment. To mark the 55th Earth Day, we look back on a career synonymous with a passion for our planet
The beloved author and illustrator’s art collection offers a peek into his diverse sources of enchantment — from William Blake to Mickey Mouse — coming to Christie’s in June
Christie’s examines POST-MODERN AND CONTEMPORARY DESIGN, ALONG WITH MID-CENTURY FRENCH AND ITALIAN WORKS, LEAD PHILLIPS’ LONDON AUCTION and its significance for artists, collectors, institutions, or the art market.
The Poon family has dedicated centuries of effort to preserving China’s artistic heritage within a single lineage. Christie’s is honoured to present a selection of paintings and calligraphy from the Poon Family Collection this spring, including a rare treasure The Album of Small Standard Script Calligraphy by leading Ming dynasty masters
Phillips details PHILLIPS’ SPRING SEASON OF LIVE PHOTOGRAPHS AUCTIONS TOTALS $9.2 MILLION, including the artists, works, estimates, and sale context documented in the release.