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Lévy Gorvy Dayan Launches LGD Hammer Auction Platform with $15M De Kooning

market-auction · 2026-05-04

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

Sources