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July 2025 fine-art market intelligence

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Fine art

New world record for Canaletto as view of Venice sells for £31.9m

theartnewspaper.com

Canaletto, Venice, the Return of the Bucintoro on Ascension Day, around 1732, sold for £27.5m (£31.9m with fees) at Christie’s in London. The painting had been owned by Britain’s first prime minister, Robert Walpole, and was previously sold at Ader Tajan in Paris in 1993 for 66m French francs (£7.5m).

Fine art

CLASSIC WEEK Led by Canaletto's record-breaking masterpiece Realising over £31 million

press.christies.com

Canaletto’s Venice, the Return of the Bucintoro on Ascension Day led the sale with £31,935,000 ($43,910,625) (€37,236,210); the overall Old Masters Evening Sale and The Exceptional Sale totalled £60,844,240 ($83,660,830) (€70,944,384). Other highlights included Jan Davidsz. De Heem’s still life sold for £3,670,000 ($5,046,250) (€4,279,220) and Titian’s Portrait of a nobleman sold for £3,428,000 ($4,713,500) (€3,997,048).

Fine art

Historic Canaletto masterwork shatters the painter’s auction record

news.artnet.com

Canaletto’s Venice, the Return of the Bucintoro on Ascension Day sold for £31.9 million ($43.9 million) at Christie’s Old Masters in London, setting a new auction record for the artist. The work measures 34 by 54 inches and is noted for its remarkable preservation and pivotal point in Canaletto’s career; its provenance includes Robert Walpole, Britain’s first prime minister. The prior Canaletto record was the Grand Canal from Palazzo Balbi to the Rialto, sold at Sotheby’s London in 2005 for £18.6 million ($24.6 million).

Fine art

New world record for Canaletto as view of Venice sells for £31.9m

europesays.com

Canaletto's Venice, the Return of the Bucintoro on Ascension Day sold for £27.5m (£31.9m with fees) at Christie’s in London, setting a new auction record for the artist. The painting, dated around 1732, measures 86 by 138 cm and was previously associated with Robert Walpole; the pendant Grand Canal from Palazzo Balbi to the Rialto sold for £18.6m in 2005 at Sotheby’s. The work’s sale occurred in Christie’s Old Masters evening sale on Tuesday (1 July).

Fine art

Why the Benin Bronzes are being returned, and who gets them

news.artnet.com

Sarah Cascone reports that the Netherlands returned 119 Benin Bronzes to the Nigerian government, and a week later the Museum of Fine Arts, Boston transferred two Benin works to the Oba of Benin. The keynote is the dispute over whether returns should go to the Nigerian state or to the Oba, with ceremonies in Lagos and New York City.

Fine art

Canaletto painting achieves record £31.9 million at Christie’s, Venice scene goes under the hammer

artlyst.com

Canaletto's Venice Ascension Day painting The Return of the Bucintoro on Ascension Day sold for £31.9 million at Christie’s, setting a new auction record. The work, painted around 1732, was previously part of Robert Walpole’s offices and has a well-documented provenance, including early ownership at 10 Downing Street. The sale underscores Canaletto’s prominence in 18th-century view painting.

Fine art

Canaletto Venice painting once owned by first UK prime minister sells for record

bbc.com

Canaletto's Venice, the Return of the Bucintoro on Ascension Day, circa 1732, was sold to an anonymous bidder for £27.5m (£31.9m with fees) at Christie’s in London, setting a new auction record for the artist; the work previously hung at Number 10 Downing Street during Sir Robert Walpole’s tenure. The painting’s provenance and its notable past sale in 1993 and the earlier pendant work by Canaletto were also noted in the report.

Fine art

Canaletto auction record smashed at Christie’s London

artnews.com

Canaletto, Venice, the Return of the Bucintoro on Ascension Day (circa 1732), sold for £31.9 million with fees ($43.7 million) at Christie’s Old Masters sale in London, setting a new Canaletto record. The painting’s estimate was £20 million and it was initially guaranteed, then backed by a third-party guarantee; it sold to an anonymous phone bidder via Christie’s director Alice de Roquemaurel. The work measures 86 by 13 cm and had previously not sold at auction since 1993.

Fine art

Hauser and Wirth owners leave U.K. amid wealth exodus, and more art industry news

news.artnet.com

The article discusses Hauser and Wirth leaving the U.K. amid a wealth exodus and includes additional market updates from Artnet News, such as record sale results at Christie’s Old Masters, a Sotheby’s Old Masters sale with new records including Diana de Rosa, a Man Ray watercolor auction hint, and news that Blum gallery plans to cut staff and cease brick‑and‑mortar operations.

Fine art

The National Gallery of Art announces new acquisitions expanding the national collection

nga.gov

Joaquín Sorolla y Bastida's Isabelita and Thor (1893) is listed among the acquisitions. Notable works by Jules Breton, Richard Hunt, Graciela Iturbide, Nicolas Party, Kay WalkingStick, William T. Williams, and others are highlighted. The press release notes over 200 new works added through gifts and purchases to broaden the National Gallery of Art's collection.

Fine art

Rare, Mind-Bending M. C. Escher works haul in $7.8 million at auction

news.artnet.com

M. C. Escher, Bond of Union (1956) is pictured courtesy Christie’s. The article reports a $7.8 million haul for a cache of Escher drawings at Christie’s, part of the sale titled the Art of Infinity, which included 65 lots and saw works surpassing the prior Escher record in the medium.

Fine art

Soundbites from the Christie’s 2025 Art + Tech Summit

Christie’s

Christie’s examines Soundbites from the Christie’s 2025 Art + Tech Summit and its significance for artists, collectors, institutions, or the art market.

Fine art

Phillips’ Summer on Park Auctions Achieve a Combined Total of $3.5 Million

Phillips

Phillips details PHILLIPS’ SUMMER ON PARK AUCTIONS ACHIEVE A COMBINED TOTAL OF $3.5 MILLION, including the artists, works, estimates, and sale context documented in the release.

Fine art

Marwan: A Soul in Exile, Christie's Arab art summer exhibition

Christie’s

Christie’s examines Marwan: A Soul in Exile, Christie's Arab art summer exhibition and its significance for artists, collectors, institutions, or the art market.

Fine art

Explore Jenny Saville: The Anatomy of Painting on show in London

Christie’s

Christie’s examines Explore Jenny Saville: The Anatomy of Painting on show in London and its significance for artists, collectors, institutions, or the art market.

Fine art

Phillips Presents the 2025 Summer on Park Series

Phillips

Phillips details PHILLIPS PRESENTS THE 2025 SUMMER ON PARK SERIES, including the artists, works, estimates, and sale context documented in the release.

Fine art

Canaletto view sets a £31.9 million auction record in London

ARTnews

Canaletto's Venice, the Return of the Bucintoro on Ascension Day sold for £31.9 million including fees at Christie's London. The result set an auction record for the artist and accounted for more than half of the Old Masters evening sale total.

Fine art

Sotheby's to Offer Rediscovered Old Masters, Renaissance Bronzes, Silver, Maiolica & More from the Davidson Collection | Press Release

Sotheby’s

Sotheby’s reports on Sotheby's to Offer Rediscovered Old Masters, Renaissance Bronzes, Silver, Maiolica & More from the Davidson Collection | Press Release. Its source account states that sotheby's to Offer Rediscovered Old Masters, Renaissance Bronzes, Silver, Maiolica & More from the Davidson Collection | Press Release | Sotheby’s.

Fine Art

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