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October 2025 fine-art market intelligence

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Fine art

Highest total for Frieze Week sale in London in seven years

antiquesandartireland.com

Peter Doig’s Ski Jacket (1994) sold for €16,381,960 at Christie’s London evening sale, achieving the highest Frieze Week total in London in seven years. Notable records include Paula Rego, Suzanne Valadon, Annie Morris and Esben Weile Kjær, with works by Peter Doig, Lucian Freud, Gerhard Richter, and Cezanne also selling for multi‑million amounts.

Fine art

From Picasso to Nara: blue-chip strength and contemporary slowdown in Hong Kong sales

noorroyalgallery.com

The article discusses Hong Kong autumn sales across Christie’s, Phillips, and Sotheby’s, highlighting blue-chip strength from artists such as Pablo Picasso, Yayoi Kusama, Yoshitomo Nara, and Marc Chagall, and slower demand for ultra-contemporary works. It provides auction results including Christie’s Salvo piece, Picasso and Zeng Fanzhi figures, Phillips' sale totals, and notable results like Yoshitomo Nara – Pinky and Javer Calleja’s underperforming lots.

Fine art

Henri Matisse: Lines of Connection Works on Paper from The Pierre and Tana Matisse Foundation totals $2,557,780

press.christies.com

Henri Matisse: Lines of Connection, an online sale of works on paper from The Pierre and Tana Matisse Foundation, concluded the morning of October 8, 2025 realizing more than $2.5 million with proceeds benefiting charities across New York. The top lot was Deux têtes, which realized $304,800, followed by Nu au chapeau (La robe jaune) at $127,000, Autoportrait at $107,950, and Les Glaïeuls at $95,250. Other notable results included Etude de branche at $24,130, Etude d'ornements pour les Lettres Portugaises at $27,940, and Les trois modeles at $57,150.

Fine art

george condo joins spruth magers and skarstedt in joint representation

codex.vasari.art

George Condo is represented jointly by Sprüth Magers and Skarstedt, ending his six-year relationship with Hauser & Wirth. Condo has previously shown with Sprüth Magers since 1984 and was represented by Skarstedt from 2004 to 2019; recent market activity includes over $6 million in auction sales and a retrospective at the Musée d’Art Moderne de Paris. Auction records show a peak of $6.8 million and living-artist sales totaling $39.2 million at auction in 2024.

Fine art

Highest total for a Frieze Week Evening Sale for Christie's in seven years

press.christies.com

Peter Doig's Ski Jacket led the sale at £14,270,000 / $19,064,720 / €16,381,960 as part of Christie's 20th/21st Century: London Evening Sale which totaled £106,925,400 / $142,852,334 / €122,750,359, 30% higher year on year; Paula Rego, Suzanne Valadon, Annie Morris and Esben Weile Kjær achieved world auction records. The Ole Faarup Collection lots totaled £27,318,500 / $36,497,516 / €31,361,683, and buyers were 56% from EMEA, 28% from Americas, 16% from APAC.

Fine art

At $143 million Christie’s sale in London, Peter Doig painting soars, Yoshitomo Nara flops

news.artnet.com

Peter Doig’s Ski Jacket (1994) sold for £12 million (£14.3 million with fees) at Christie’s London, achieving about $19.2 million including fees. The event, Christie’s 20th/21st Century: London Evening Sale, reported total sales after fees of £106.9 million ($142.8 million) and 55 lots sold from 61 offered, with Doig as the top seller and several notable flops including works by Pablo Picasso and Gerhard Richter.

Fine art

Christie’s presents Beyond Ordinary – Then. Now. Next. Works from the Zabludowicz Collection

codex.vasari.art

Christie’s announces a two-part auction titled Beyond Ordinary – Then. Now. Next. with 106 lots from the Zabludowicz Collection, scheduled for June 2026 in London, including a live auction and an online session with an estimated total of about £15 million. Notable artists include Philip Guston, Damien Hirst and Richard Prince; Guston’s Mirror Head is estimated up to £5.5 million and Hirst’s I Love You is highlighted as a significant work from the period of his Turner Prize win.

Fine art

Doig painting nets $19 million in Christie’s evening sale totaling $142.9 million

artnews.com

Peter Doig’s 1994 painting Ski Jacket sold for £14 million (about $19 million) at Christie’s London, setting a strong tone in the 20th/21st Century Evening Sale which totaled $142.9 million across 61 lots. The sale reflects a significant year-over-year gain and a high sell-through rate of 90 percent by value; Paula Rego’s 1995 Dancing Ostriches triptych also set a new record at £3.4 million ($4.6 million).

Fine art

David Zwirner represents Yoshitomo Nara, signaling a major blue-chip gallery realignment

codex.vasari.art

David Zwirner gallery will officially represent Yoshitomo Nara, with a first solo show planned in New York. The deal was brokered through Nara’s international agent Joe Baptista and Equivalence Art Agency; Baptista was formerly at Pace Gallery. Nara’s past representation included Blum Gallery, which closed earlier this year. Pace Gallery’s Marc Glimcher commented on the development. Nara’s auction record is $25 million, and his career includes surveys at OCMA, Guggenheim Bilbao, Hayward Gallery, and LACMA, highlighting his status in the blue-chip market.

Fine art

London sees its best evening art auction results in years

europesays.com

Peter Doig’s Ski Jacket (1994) sold for £14,270,000 ($19,064,720) at Christie’s 20th/21st Century London Evening Sale in London, with Doig’s Country Rock (1998-1999) selling for £9,210,000 ($12,304,560). Other notable results included a work by Domenico Gnoli at £977,000 and René Magritte at £762,990; total evening sale value was £106,925,400 ($142,852,000).

Fine art

Christie’s and Sotheby’s auctions offer some solace, but market remains wary

theartnewspaper.com

Peter Doig’s Ski Jacket (1994) sold for £14.2m at Christie’s, exceeding its £6m-£8m estimate. The evening sale, part of Frieze week, had a total of £106.9m, within expectations and about 30% higher than last year’s comparable sale. The coverage notes a mixed picture with strong performances offset by lower estimates and price corrections in other works.

Fine art

Rare 14-foot Yves Klein painting sells for $21.4 million at Christie’s Paris

artnews.com

The painting California (IKB 71) by Yves Klein, the largest format he made in International Klein Blue (IKB), sold at Christie’s Paris for €18.4 million ($21.4 million), a new auction record for Klein in France. The work was offered as the cover lot in the Avant-garde(s) including Thinking Italian sale, with a reported estimate of €16 million to €25 million.

Fine art

Modigliani sets Paris record with €27 million ‘Elvire en buste’

sothebys.com

Amedeo Modigliani’s Elvire en buste sold for €27 million ($31.3 million) at Sotheby’s Paris, setting a new record for a Modigliani painting sold in France. The sale helped anchor a record Paris week totaling €89.7 million across Modernités and Surrealism and Its Legacy, with another Modigliani, Raymond, selling for €10.6 million.

Fine art

Picasso portrait of muse Dora Maar sells for $37 million at auction

www-s1.npr.org

Picasso portrait of muse Dora Maar, titled Bust of a Woman with a Flowered Hat, was auctioned for 32,012,397 euros (about $37 million) at the Drouot auction house in Paris, including buyer fees. The painting, from Picasso's early Blue Period and part of the Woman in a Hat series, had remained in the family collection since 1944.

Fine art

Picasso Portrait, hidden for 80 years, sells for more than $37 million

news.artnet.com

Pablo Picasso’s Buste de femme au chapeau à fleurs (Dora Maar) (1943) sold for €32 million ($37.2 million) at Hôtel Drouot, above its €8 million presale estimate. The work had been unseen in public for eight decades and was previously known only from a Brassaï photograph and a reproductions in Christian Zervos’s catalogue raisonné.

Fine art

Paris proves its place - international art acquisitions

internationalartacquisitions.com

Paris proves its place - International Art Acquisitions reports on Art Basel Paris 2025, noting strong attendance and resilience of the global art market. The piece covers major high-value sales including Gerhard Richter Abstraktes Bild (1987) at $23 million, Amedeo Modigliani Jeune fille aux macarons (1918) near $10 million, Mehretu painting (2007) at $11.5 million, and Georg Baselitz Cowboy (2024) at $4 million, among others.

Fine art

Met Museum sued over van gogh allegedly looted by nazis

hyperallergic.com

The Metropolitan Museum of Art and the Basil and Elise Goulandris Foundation are named in a lawsuit regarding Vincent van Gogh's 1889 Olive Picking, allegedly looted by the Nazis, with heirs seeking restitution or the painting’s value and damages over $75,000.

Fine art

The Prince & Princess Sadruddin Aga Khan collection | Christie's

Christie’s

Christie’s examines The Prince & Princess Sadruddin Aga Khan collection and its significance for artists, collectors, institutions, or the art market.

Fine art

Hockney’s first double portrait comes to auction | Christie’s

Christie’s

Christie’s examines Hockney’s first double portrait comes to auction and its significance for artists, collectors, institutions, or the art market.

Fine art

Phillips’ October Editions & Works on Paper Sales Total $6.8 Million

Phillips

Phillips details PHILLIPS’ OCTOBER EDITIONS & WORKS ON PAPER SALES TOTAL $6.8 MILLION, including the artists, works, estimates, and sale context documented in the release.

Fine art

A guide to the Pop-influenced Japanese artist Yoshitomo Nara

Christie’s

Christie’s examines A guide to the Pop-influenced Japanese artist Yoshitomo Nara and its significance for artists, collectors, institutions, or the art market.

Fine art

Frieze will replace Abu Dhabi Art with a new Gulf fair in 2026

The Art Newspaper

Frieze will take over Abu Dhabi Art and launch its first Middle East fair in November 2026 through a partnership with the Abu Dhabi Department of Culture and Tourism. The expansion gives Frieze eight fairs and places it in direct regional competition with Art Basel's planned Doha edition.

Fine art

Early Basquiat from his first solo show carries a $35 million estimate

The Art Newspaper

Sotheby's will offer Jean-Michel Basquiat's 1981 Crowns (Peso Neto), made in Annina Nosei's gallery basement and included in his first solo show. The work has never appeared at auction and carries a $35 million to $40 million estimate.

Fine art

Phillips’ October Photographs Auctions Total $8.5 Million

Phillips

Phillips details PHILLIPS’ OCTOBER PHOTOGRAPHS AUCTIONS TOTAL $8.5 MILLION, including the artists, works, estimates, and sale context documented in the release.

Fine art

Phillips Reveals Highlights from October Editions & Works on Paper Auctions

Phillips

Phillips details PHILLIPS REVEALS HIGHLIGHTS FROM OCTOBER EDITIONS & WORKS ON PAPER AUCTIONS, including the artists, works, estimates, and sale context documented in the release.

Fine art

Picasso sets an Asia record as Christie's Hong Kong evening sale contracts

The Art Newspaper

Pablo Picasso's Buste de Femme hammered at HK$196.75 million, setting an Asia record for the artist. The result led a Christie's Hong Kong evening sale that made $72.6 million, down 46 percent from the comparable auction a year earlier.

Fine Art

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