Lévy Gorvy Dayan Launches LGD Hammer Auction Platform with $15M De Kooning
LGD Hammer, a new live-bidding platform that combines elements of private sales and auction formats, is being introduced by Lévy Gorvy Dayan. The first auction is set for May 16 and will showcase a Willem de Kooning painting from 1984, valued between $10 and $15 million. On May 10, 2026, the Met's Costume Institute will unveil "Costume Art," linking fashion to its collection, with the Met Gala occurring on May 4 under the theme "Fashion is Art." Research from the University of Bradford indicates that a sketch attributed to Hans Holbein, thought to be Anne Boleyn, may actually portray her mother, Elizabeth Howard. Christie's Geneva plans to auction a rare 1930s Audemars Piguet monopusher chronograph, estimated at CHF 200,000–400,000. Additionally, Saks Global's Chapter 11 restructuring has established a $20 million litigation trust for creditor recovery. Other highlights include Atelier Fouquet's designs, NASA's black hole simulation, and the Met Gala's $113 million fundraising over five years.
Key facts
- Lévy Gorvy Dayan launches LGD Hammer live-bidding platform.
- Inaugural sale on May 16 led by 1984 Willem de Kooning painting estimated at $10–15 million.
- Met Costume Institute opens 'Costume Art' exhibition on May 10, 2026.
- Met Gala on May 4, 2026, with dress code 'Fashion is Art'.
- AI analysis by University of Bradford suggests Holbein sketch may depict Anne Boleyn's mother.
- Christie's Geneva auctions rare 1930s Audemars Piguet chronograph estimated CHF 200,000–400,000.
- Saks Global establishes litigation trust with $20 million in Chapter 11 restructuring.
- Met Gala raised $113 million over five years.
Entities
Artists
- Willem de Kooning
- Hans Holbein
- Anne Boleyn
- Elizabeth Howard
- Solange Oliveira Farkas
- Simon de Pury
- SpY
Institutions
- Lévy Gorvy Dayan
- Metropolitan Museum of Art
- Costume Institute
- University of Bradford
- Christie's
- Audemars Piguet
- Saks Global
- Neiman Marcus
- Atelier Fouquet
- NASA
- SpY Studio
- Venice Biennale
- Tate Britain
- Dataland
- Art Basel
- Eames Pavilion System
- Apple
- Dallas Museum of Art
- Leica
Locations
- New York
- Geneva
- Switzerland
- Florence
- Italy
- Venice
- Russia
- Chicago
- United States