Lévy Gorvy Dayan Launches Auction-Style Platform LGD Hammer with $15M De Kooning
LGD Hammer, a new live-bidding platform for auctions and private sales, is being introduced by Lévy Gorvy Dayan, with its first auction set for May 16, showcasing a Willem de Kooning artwork from 1984 valued between $10 million and $15 million. Following the collapse of Stephen Friedman Gallery, artists Alexandre Diop, Deborah Roberts, and Kehinde Wiley are collectively owed more than £790,000, amid total liabilities of £7.8 million. Zoe Leonard has transitioned from Hauser & Wirth to Maxwell Graham, while Anna Zemánková's estate is moving to Gladstone and Khalif Tahir Thompson is joining Victoria Miro. Sotheby's plans to auction Joe Lewis's collection in June, estimated at over $200 million. Robert Dunlap received a 23-year sentence for a fraudulent art-backed crypto scheme. Notably, Georg Baselitz passed away at 88, and Timm Ulrichs at 86.
Key facts
- Lévy Gorvy Dayan launches LGD Hammer, a live-bidding platform merging private sales with auctions.
- Inaugural sale on May 16 features a 1984 Willem de Kooning painting estimated at $10–15 million.
- Artists Alexandre Diop, Deborah Roberts, and Kehinde Wiley are owed over £790,000 after Stephen Friedman Gallery collapse.
- Stephen Friedman Gallery had total debts of £7.8 million.
- Zoe Leonard left Hauser & Wirth for Maxwell Graham.
- Sotheby's will sell Joe Lewis's collection in June, estimated over $200 million.
- Christie's offers Roy Lichtenstein's Anxious Girl (1964) estimated up to $60 million.
- Georg Baselitz died at age 88; Timm Ulrichs died at age 86.
Entities
Artists
- Willem de Kooning
- Alexandre Diop
- Deborah Roberts
- Kehinde Wiley
- Zoe Leonard
- Anna Zemánková
- Sandra Vásquez de la Horra
- Khalif Tahir Thompson
- Tianyue Zhong
- Cecilia Caldiera
- Sophie Grant
- Joe Lewis
- Egon Schiele
- Amedeo Modigliani
- Lucian Freud
- Gustav Klimt
- Roy Lichtenstein
- Kimberly Pirtle
- Mariana Mazzucato
- Martha Ortiz
- Eugenio Viola
- Janne Sirén
- Robert Dunlap
- Pablo Picasso
- Salvador Dalí
- Vincent van Gogh
- Robert Indiana
- Michael McKenzie
- Ben Davis
- Aya Al-Bakree
- Manal Al Dowayan
- Alia Al-Senussi
- Maja Hoffmann
- Candice Hopkins
- Kiran Nadar
- Nancy Spector
- Georg Baselitz
- Timm Ulrichs
- Brett Gorvy
- Dominique Lévy
- Amalia Dayan
Institutions
- Lévy Gorvy Dayan
- LGD Hammer
- Stephen Friedman Gallery
- Hauser & Wirth
- Maxwell Graham
- Galerie Gisela Capitain
- Raffaella Cortese
- Gladstone Gallery
- Tanya Bonakdar Gallery
- Victoria Miro
- Zidoun-Bossuyt Gallery
- Boesky Gallery
- Galerie Philipp Zollinger
- Astor Gallery
- Sotheby's
- Christie's
- Gabriel Advisory Group
- Whitechapel Gallery
- Diriyah Company
- Godwin Austen Johnson
- Museo de Arte Moderno de Bogotá
- Buffalo AKG Art Museum
- Morgan Art Foundation
- Venice Biennale
- Association of Women in the Arts (AWITA)
- Artnet News
- The Art Newspaper
- ARTnews
Locations
- New York
- Zurich
- Switzerland
- London
- United Kingdom
- Cologne
- Germany
- Milan
- Italy
- Albisola
- Berlin
- Luxembourg
- Saudi Arabia
- Diriyah
- Riyadh
- Bogotá
- Colombia
- Buffalo
- Texas
- Manhattan
- Venice