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Art Market
The Art World News Roundup, March 2023
Arun Kakar
News in the art world moves quickly, globally, and relentlessly. Here, in the first of a new monthly series, we run down some of the top stories that you might have missed from across the art world over the past month.
New gallery representation
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- The estate of Ralph Iwamoto is now represented by Hollis Taggart.
- Jes Fan is now represented by Andrew Kreps Gallery.
- Anastasia Samoylova is now represented by Wentrup.
- Patrick Eugène is now represented by Mariane Ibrahim.
- Elizabeth Jaeger is now represented by Mennour.
- Saif Azzuz is now represented by Nicelle Beauchene Gallery.
- Gabriele Beveridge is now represented by Keteleer Gallery.
- Willa Wasserman is now represented by High Art.
- Derrick Adams is now represented by Gagosian.
- Otobong Nkanga is now represented by Lisson Gallery.
- The work of Robert Rauschenberg is now represented by Gladstone Gallery, as well as by Thaddaeus Ropac and Galeria Luisa Strina.
Sarah Miska
Pearly Hair Tie , 2022
Night Gallery
- Freya Douglas-Morris is now represented by Alexander Berggruen.
- The estate of Yoo Youngkuk is now jointly represented by Pace Gallery and PKM Gallery.
- The estates of Claes Oldenburg and Coosje van Bruggen are now represented by Pace Gallery.
- Annabeth Marks is now represented by Parker Gallery.
- Sarah Miska is now represented by Night Gallery.
- Justin Chance is now represented by Tara Downs (formerly known as Downs & Ross).
- Don Porcaro is now represented by Westwood Gallery.
- Sung Neung Kyung is now represented by Lehmann Maupin.
- Rachel Rossin is now represented by Magenta Plains.
- Joël Andrianomearisoa is now represented by Almine Rech.
- Jeffrey Stuker is now represented by Ben Hunter Gallery.
More artist news
Carrie Mae Weems
A Distant View, 2003
Fraenkel Gallery
Trevor Yeung
Chaotic suns (white), 2018
Blindspot Gallery
- British artist Phyllida Barlow has passed away at age 78.
- Dutch photographer Ans Westra has passed away at age 86.
- Carrie Mae Weems won the prestigious Hasselblad Photography Prize in Sweden. She is the first Black woman to have won the prize which grants awardees kr2,000,000 ($187,000).
- Sara Sejin Chang won the €100,000 ($106,000) Theodora Niemeijer Prize in the Netherlands.
- Rand Abdul Jabbar won the $60,000 Richard Mille Art Prize at the Louvre Abu Dhabi.
- Hong Kong’s M+ museum announced the six artists shortlisted for the Sigg Prize: Jes Fan, Miao Ying, Wang Tuo, Xie Nanxing, and Trevor Yeung.
- Elizabeth Peyton presented works with David Zwirner for the first time at Art Basel in Hong Kong.
Auction highlights
- Works from the collection of Adam Lindemann realized $32 million at Christie’s in New York.
- Christie’s will offer “a rich and nuanced collection of modern, post-war and contemporary art” from the collection of late real estate magnate Gerald Fineberg in May. The two-part sale holds an estimate of $270 million.
- Seven more works from the collection of Microsoft co-founder Paul Allen with a combined value of more than $40 million will also head to Christie’s in May.
- Artist Adam Pendleton and Venus Williams will hold an auction at Pace in May, with proceeds going towards preserving the singer Nina Simone’s childhood home.
- Artsy’s inaugural auction of prints and multiples is live now. The sale of more than 140 lots includes original works by Mel Bochner, Andy Warhol, Roy Lichtenstein and Jonas Wood, as well as rising talents such as Bony Ramirez, Brian Calvin, Emily Mae Smith, and Ewa Juszkiewicz. Bidding closes March 29th.
A number of artists’ works set new auction records in March. Below are the top 20 results.
©Thomas De Cruz Media: Davide Cossu. Courtesy of Phillips.
- Alma Thomas’s Snow Reflections (1973) sold for $3.3 million at Sotheby’s.
- Caroline Walker’s Threshold (2014) sold for $1.1 million at Phillips.
- Sarah Ball’s Elliot (2020) sold for $144,176 at Phillips.
- Marina Rheingantz’s Paisagem que Anda (2013) sold for $107,950 at Sotheby’s.
- Maria Magdalena Campos-Pons’s Soy una fuente (I Am a Fountain) (1989) sold for $100,800 at Christie’s.
- Angela Heisch’s Egg White Blue (2020) sold for $91,058 at Phillips.
- Tania Marmolejo’s Dreams of Escape (2021) sold for $88,900 at Phillips.
- Tammy Nguyen’s Dust Season (2020) sold for $88,900 at Phillips.
- Kikuo Saito’s Yellow Broom (2014) sold for $82,550 at Sotheby’s.
- Dominic Chambers’s Untitled (Karrine in Red) (2020) sold for $73,315 at Sotheby’s.
- Nassos Daphnis’s 7-70 (The Diamond Series) (1970) sold for $69,850 at Sotheby’s.
- Daisy Dodd-Noble’s Three trees on an island (2020) sold for $69,850 at Phillips.
- Allison Katz’s Cabbage (and Philip) No. 27 (2020) sold for $64,770 at Sotheby’s.
- Yannick Ackah’s Untitled (2022) sold for $61,141 at Phillips.
- Walter Price’s Parasympathetic (2018) sold for $55,027 at Phillips.
- Andra Ursuta’s Breath Hold (Discipline and Vanish) (2010) sold for $47,880 at Christie’s.
- Haley Josephs’s The Beginning (2019) sold for $44,450 at Phillips.
- Brandon Lipchik’s Moon Swim (2021) sold for $35,560 at Phillips.
- Julia Chiang’s Never Get Stuck (2013) sold for $33,020 at Phillips.
- Emma Cousin’s PythonIcing (2020) sold for $25,985 at Phillips.
Browse available works on Artsy by artists who had breakout moments at auction this month.
Kikuo Saito
Pink Umbrella, 2007
Altman Siegel
Austin Eddy
Perched Between Two Flowers, 2022
Galerie Sabine Knust | Knust Kunz Gallery Editions
Everything else
Trevor Yeung, installation view of Mr. Cuddles Under the Eave, 2021, in Blindspot Gallery’s presentation at Art Basel Hong Kong, 2023. Courtesy of Art Basel.
- The largest Art Basel in Hong Kong since 2019 is currently underway. Read about the best booths here.
- The 36th edition of TEFAF Maastricht in the Netherlands concluded with significant sales to private collectors and international museums including the Metropolitan Museum of Art and the Louvre. Read our round-up of the fair here.
- A number of galleries, including SEIZAN Gallery, Gallery Target, SH Gallery, The Anzai Gallery, and A Lighthouse Called Kanata, sold out booths at Art Fair Tokyo.
- Benin will stage a pavilion at the 2024 Venice Biennale, its first time with a national exhibition at the show.
- The Smithsonian announced Nancy Yao as the founding director of the American Women’s History Museum in Washington.
- The Centre Pompidou signed deals with Saudi Arabia and Korea to develop new museums.
- The Columbus Museum of Art announced Brooke A. Minto as its new executive director and CEO.
- A joint curatorial position has been created by the San Francisco Museum of Modern Art and the Museum of the African Diaspora to support scholarship and programs related to African diasporic art and culture.
Rendering of future Marian Goodman Gallery Building. Photo: StudioMDA. Courtesy of Marian Goodman Gallery.
- Dealer Eduardo Ulises Martinez was sentenced to more than four years in prison for smuggling ivory and obstruction of justice.
- The PinchukArtCentre in Kyiv has begun accepting applications for its Future Generation Art Prize, open to all countries except Russia and Belarus.
- Adam Weinberg will step down as director of the Whitney Museum of American Art after more than two decades and will be replaced by Scott Rothkopf.
- Tate Liverpool in the U.K. will close in October for £30 million ($36.1 million) renovations, set to be completed in 2025.
- Former MoMA PS1 director Kate Fowle has joined Hauser & Wirth as curatorial senior director.
- A new art fair in Dallas, The Dallas Invitational, will hold its inaugural edition in April alongside the Dallas Art Fair.
- Numerous galleries have announced new forthcoming spaces in Tribeca, including Nino Mier Gallery, Marian Goodman Gallery, Alexander Gray Associates, Sargent’s Daughters, Shrine, DIMIN, and Lio Malca.
Arun Kakar
Arun Kakar is Artsy’s Art Market Editor.