• Washington
  • Wall Street
  • A.I.
  • Hollywood
  • Media
  • Fashion
  • Sports
  • Art
  • Join Puck Newsletters What is puck? Authors Podcasts Gift Puck Careers Events
  • Join Puck

    Directly Supporting Authors

    A new economic model in which writers are also partners in the business.

    Personalized Subscriptions

    Customize your settings to receive the newsletters you want from the authors you follow.

    Stay in the Know

    Connect directly with Puck talent through email and exclusive events.

  • What is puck? Newsletters Authors Podcasts Events Gift Puck Careers

July 18, 2025

Wall Power
BMW
Marion Maneker Marion Maneker

Welcome back to Wall Power. I’m Marion Maneker.

Late last week, I happened upon a great show of work by Beauford Delaney, the Harlem Renaissance artist perhaps best known for his 1941 portrait of a young James Baldwin. Tonight, I’m going to tell you more about him and the show. I also have Sotheby’s numbers from the first half of the year, and some notes on the “lost” Rosebud sled from Citizen Kane that sold for $14.75 million at Heritage. Meanwhile, Julie has a report on the very strong results from Sotheby’s Natural History sale.

Let’s get started…

Julie Brener Davich Julie Brener Davich
  • Sotheby’s Natural History sale = $45 million: Sotheby’s Natural History sale on Wednesday—featuring fossils, meteorites, and minerals—totaled $45 million, with fees, against an estimate of $9.4 million without fees. Ninety-six percent of the 122 lots were sold, with participation from 37 countries. There was a lot of interest in this sale, with twice as many registrants as last year.Three quarters of the overage came from the juvenile Ceratosaurus, which sold to a phone bidder for $30.5 million against an estimate of $4 million. Incredibly, an online competitor went as high as $21 million—one of Sotheby’s highest-ever online bids. After the hammer came down, the auctioneer looked over at global department head Cassandra Hatton and asked jokingly, “Do you need a cigarette?” Other strong prices for dinosaur fossils included $1.76 million for a skull of a Pachycephalosaurus, and $1.76 million for an articulated T. rex foot. Another fossil, a 6-foot-high, multi-fish triptych mural from the early Eocene epoch, estimated at $12,000, sold for $279,400 after being chased by 18 bidders. “These fossils come from Fossil Lake, one of the richest prehistoric sites in the world,” Hatton told me. “It’s not just a beautiful tableau, it’s an entire 50-million-year-old ecosystem captured in stone.” Also sold were the first- and second-most-expensive meteorites at auction. A 54-pound Martian meteorite—the largest single piece of Mars on Earth—sold for $5.3 million. The direct underbidder was competing online. The largest known lunar sphere, at 4¾ inches in diameter and estimated at $300,000, sold for $825,500. In Tuesday’s online sale dedicated to space exploration, a 4-by-6-inch flag that Buzz Aldrin carried to the moon on Apollo 11 sold for $444,500 against an estimate of $15,000.

A MESSAGE FROM OUR SPONSOR

BMW
BMW

The first steps towards a masterpiece starts with a dream. The all-electric BMW i7 – the evolution of brilliance. Learn more at

BMWUSA.com

Now, a few other notable things…

  • A Rosebud is a Rosebud is a Rosebud: Heritage Auctions made another big movie memorabilia sale this week. Billed as a “lost” Rosebud sled from Citizen Kane, Heritage estimated the object at $250,000, but it sold for a stunning $14.75 million. That number comes less than a year after Heritage sold a pair of Judy Garland’s ruby slippers from The Wizard of Oz for more than $32 million.There are only two other surviving examples of the totemic movie prop: a balsa wood sled, fabricated for the scene where Charles Foster Kane’s childhood talisman is burned (bought in 1982 by Steven Spielberg for $60,000), and another made of sturdier pine to be ridden by a child actor. (The latter sold at Christie’s in 1996 for $233,000.) The latest sled to emerge has been owned by director Joe Dante since 1984, which he used as an “Easter egg” in several movies, notably Explorers and Gremlins 2. Dante had the sled’s pine wood carbon dated to offer further proof that the object was fabricated prior to World War II.
  • Heritage’s new hire: Heritage also announced yesterday that it had hired Michael Plummer, a former executive at both Sotheby’s and Christie’s and a former co-managing director of TEFAF New York, as chief marketing officer. He will work out of both Dallas and New York.
  • Sotheby’s $2.2 billion haul: Sotheby’s isn’t doing a press conference on their first-half results, but they were generous enough to share a fact sheet that shows $2.2 billion in auction sales, not including real estate. That’s down from $2.3 billion in the same period the year before. The overall sell-through rate was 85 percent, a 4 percentage point increase from the first half of 2024. In addition, there were 4.6 bidders per lot at Sotheby’s, up 4 percent from the same period last year. That’s an all-time high for average bidders per lot.

Now, let’s get to the main event…

Beauford Delaney, Renaissance Man

Beauford Delaney, Renaissance Man

Beauford Delaney’s big, brightly colored works forged his identity as an artist, and not just another expat friend of James Baldwin and Georgia O’Keeffe. Now, a sweeping exhibition of his work at the Drawing Center shows the remarkable range of an underappreciated great American artist.

Marion Maneker Marion Maneker

A decade ago, Alex Katz, a painter known for his large and vivid portraits, had a show of his early paintings from the 1950s called Brand New and Terrific. During the many appearances he made for the show as it moved from museum to museum, Katz often told a story that explained how his early work had morphed into his mature, muscular style: In the 1950s, in a group show in New York, one of his paintings was hung next to a work by Beauford Delaney, an artist who came to the city as part of the Harlem Renaissance, and eventually moved to Paris after the war. Katz, still smarting at the memory, told interviewers that Delaney’s brightly colored painting had blown his painting off the wall. He was so frustrated that he vowed never to let it happen again. (The result was a quantum leap for Katz.)

I won’t say that was the first time I heard of Beauford Delaney. But it was the first time I really took notice of the name (pronounced Bew-ferd). After that, I began to see works by Delaney pop up at art fairs, mostly in the booth of the Michael Rosenfeld Gallery, which represents his estate. But others were also happy to show Delaney’s subtle late abstractions—often in lemon yellow tones, made after the period when Katz found him so overpowering. Last year, during the Met’s Harlem Renaissance and Transatlantic Modernism show, I saw Delaney’s oft-exhibited 1941 portrait of a young James Baldwin, his longtime friend. The painting, titled Dark Rapture (James Baldwin), is mottled with blues, yellows, pinks, and ochres. It was certainly appealing, but still not quite the dominating work that cowed Katz.

A MESSAGE FROM OUR SPONSOR

BMW
BMW

The first steps towards a masterpiece starts with a dream. The all-electric BMW i7 – the evolution of brilliance. Learn more at

BMWUSA.com

Earlier this year, I learned that curator Adrienne L. Childs, a fellow at the Met, was giving a lecture titled Navigating Modernism: Beauford Delaney, 1940-1965. Sadly, I was out of town, but the good news is that Childs is curating a big show at the Phillips Collection called Beauford Delaney: So Much Love and Beauty in 2027. I assumed I would have to wait, until I stumbled across the Drawing Center’s show, In the Medium of Life: The Drawings of Beauford Delaney, late last week. Despite its title and venue, the show at the Drawing Center includes a handful of paintings. It also functions as a pocket retrospective of the artist’s career. There, I finally understood why Katz gnashed his teeth at Delaney, even 70-some-odd years later.

Renaissance Man

The Drawing Center, on Wooster Street in Soho, isn’t a very large exhibition space. But Laura Hoptman, the Delaney show’s director and curator, found a way to cram in more than 90 images, including a handful of works on canvas and an equal number of painted notebook pages. “I’ve never seen an exhibition like that,” said gallerist Michael Rosenfeld, who not only represents the Delaney estate but is a major Delaney collector himself, having bought his first work 40 years ago. “I’ve never seen so many works installed.”

In The New Yorker, Hilton Als rightly lamented that the show feels cramped, and that it’s hard to make connections between “these mostly lesser works and Delaney’s stronger paintings.” But that doesn’t detract from Als’s deep appreciation for, and familiarity with, Delaney’s work. The show, itself, is divided into four packed rooms. One contains notebooks, letters, and sketches that chart Delaney’s path from Knoxville, Tennessee, to New York by way of Boston. The son of an itinerant churchman and barber, Delaney was discovered as a talent by a local painter and Confederate sympathizer named Lloyd Branson, who instructed him and eventually helped him to move to Boston. That’s where Delaney cobbled together an art education before moving to New York during the Harlem Renaissance. “People don’t think of him as a Harlem Renaissance artist, but he was,” Rosenfeld told me. “They don’t understand the depth of his career.”
Installation view of In the Medium of Life: The Drawings of Beauford Delaney, The Drawing Center, New York. Photo: Daniel Terna/Courtesy of The Drawing Center

Installation view of In the Medium of Life: The Drawings of Beauford Delaney, The Drawing Center, New York. Photo: Daniel Terna and Estate of Beauford Delaney, by permission of Derek L. Spratley, Esquire, Court Appointed Administrator, Courtesy of Michael Rosenfeld Gallery LLC, New York, NY

The next 50 years of Delaney works are roughly divided into three groups. The first are the Greene Street works, which were made when he lived in Greenwich Village for more than 20 years through the 1930s and ’40s. These are a range of realist paintings, often depicting fire escapes, lampposts, and fire hydrants, that grow increasingly colorful over time. It’s not clear whether Delaney, who was well versed in art history, was synthesizing previous movements that emphasized the bold use of color or simply following his own path. But it was likely one of these works that upset Alex Katz—and they still have wall power today.

BMW
BMW

When Delaney moved to France, in 1953, he joined a community of American expatriates, including Baldwin, but also became engaged in the aesthetic questions that prevailed in postwar Paris. “Delaney was an influential person,” Hoptman said, reminding me of his friendships with Henry Miller, Stuart Davis, and Georgia O’Keeffe, who painted him five times. “People sought him out for his intellect and compelling personality.” As he became ensconced in the cultural life of Paris, his work turned to abstraction—the second group—but unlike the American version developed by the abstract expressionists in New York. Along with expatriates like Mark Tobey and Paul Jenkins, Delaney pursued a different path. As Hoptman told me: “His painting after he went to Paris is very French and very abstract.”

Beauford Delaney, Self Portrait (1963). Photo: Courtesy of the Knoxville Museum of Art

Beauford Delaney, Self Portrait (1963). Photo: Estate of Beauford Delaney, by permission of Derek L. Spratley, Esquire, Court Appointed Administrator, Courtesy of Michael Rosenfeld Gallery LLC, New York, NY

Even with this evolution, Delaney never stopped painting portraits, which are represented in the third group. There are several astute and unnerving renderings here of figures like Delaney’s brother and mother, Baldwin, and several self-portraits, along with a number of portraits of unknowns. According to Rosenfeld, major museums in the United States have come to recognize that they need to acquire examples of each of these bodies of Delaney’s work: abstracts, Greene Street paintings, and portraits. For my part, I can’t help but think it would be great to see a full-on Delaney retrospective. This show fills in a lot of gaps for someone just trying to get a better understanding of his work, but it still doesn’t show us the best of what he did as an artist. (And it’s not clear that the Phillips Collection show is meant to do that, either.) I hope the Drawing Center exhibition will motivate some institution to mount a major show spanning Delaney’s career.

 

With that, I’m going to call it quits for today. Have a great weekend wherever you weekend. We will be back on Sunday.

M
The Hidden Layer

The industry's go-to source for unflinching reporting on the trillion-dollar business of artificial intelligence - perhaps the single most important technology of our time. Ian Krietzberg, the powerhouse journalist behind The Deep View, delivers twice-weekly insights into the latest dealmaking and breakthroughs in A.I., and how the intersecting worlds of finance, entertainment, media, and politics are being transformed in its wake.

The Grill Room

Finally, a media podcast about what’s actually happening in the media—not the oversanitized, legal-and-standards-approved version you read online. Join Dylan Byers, Puck’s veteran media reporter, as he sits down with TV personalities, moguls, pundits, and industry executives for raw, honest, sometimes salacious conversations about the business of media and its biggest egos. New episodes publish every Tuesday and Friday.

Puck
Facebook Twitter Instagram LinkedIn

Need help? Review our FAQ page or contact us for assistance. For brand partnerships, email ads@puck.news.

You received this email because you signed up to receive emails from Puck, or as part of your Puck account associated with {{customer.email}}. To stop receiving this newsletter and/or manage all your email preferences, click here.

 

Puck is published by Heat Media LLC. 107 Greenwich St, New York, NY 10006

SEE THE ARCHIVES

SHARE
Try Puck for free

Sign up today to join the inside conversation at the nexus of Wall Street, Washington, A.I., Hollywood, and more.

Already a member? Log In


  • Daily articles and breaking news
  • Personal emails directly from our authors
  • Gift subscriber-only stories to friends & family
  • Unlimited access to archives

  • Exclusive bonus days of select newsletters
  • Exclusive access to Puck merch
  • Early bird access to new editorial and product features
  • Invitations to private conference calls with Puck authors

Exclusive to Inner Circle only



Latest Articles from Art

Minjae Kim
Glenn Adamson • July 18, 2025
Hot Hand: Minjae Kim
The Korean-born furniture designer transcends sticky definitional debates about art and design to create some of the most memorable furniture you’ve ever seen.
claude monet Nympheas sothebys
Marion Maneker • July 18, 2025
A Tale of Two Auction Houses
This season, in London, Sotheby’s has most of the high-value, historical works—everything from Freud and Klimt to Monet and Rothko. Meanwhile, Christie’s is leaning into what’s hot: Rashid Johnson, Kaws, Richard Prince, Yoshitomo Nara, and more.
Yü-Ge Wang at Christie's
Marion Maneker • July 18, 2025
The Middle Market’s Big Shift
While the big money has returned, auction houses are reducing estimates for cheaper works to entice buyers and minimize their losses. Now, the latest data reveals a big shift is taking place in the middle market, too.


Willem De Kooning
Marion Maneker • July 18, 2025
De Kooning’s $75 Million May
Even after the robust volume of sales in New York, there are clearly still plenty of serious buyers looking for de Koonings—and that wasn’t always a given.
Arthur Jafa
Dan Duray • July 18, 2025
King Arthur Holds Court
With a joint exhibit in Venice with his artistic hero, Richard Prince, Arthur Jafa sounds off on the power of scarcity, why we’re still chewing on Duchamp, and his loyalty to Kanye.
Art Basel
Marion Maneker • July 18, 2025
The Basel Squeeze
It’s still an honor for smaller galleries to show at Art Basel, but global expansion is putting pressure on them to bring exclusive works to the fair without publicizing their packing lists in advance. Now, some galleries are asking themselves whether they can even afford to participate.


Cybele Maylone - The Aldrich Museum
Marion Maneker • July 18, 2025
Condition Report: Cybele Maylone, The Aldrich Museum
The director of Ridgefield’s overachieving contemporary art museum is turning her institution’s gaze to Connecticut artists, making a case for the Constitution State as something more than the land of finance bros and old WASPs.


Get access to this story

Enter your email for a free preview of Puck’s full offering, including exclusive articles, private emails from authors, and more.

Verify your email and sign in by clicking the link we just sent.

Already a member? Log In


Start 14 Day Free Trial for Unlimited Access Instead →



Latest Articles from Art

Nissan Skyline R34 GT-R
Jamie Lincoln Kitman • July 18, 2025
The Nissan Skyline R34 Named Desire
The collectible car market is finally moving past its beloved Boomer classics as a younger, Nintendo-raised generation chases high-performance Japanese rarities never meant for the American market. $2 million for a 20-year-old Nissan? That’s just the beginning.
De Bayser Sotheby's
Marion Maneker • July 18, 2025
Sotheby’s Object Lessons
The latest design sales commingle art and design objects in a way that offers everyone a teachable moment: They educate art collectors on the potential value of design objects, while giving the design people a greater appreciation for high-dollar contemporary artworks.
Francis Picabia
Marion Maneker • July 18, 2025
Picabia’s Final Frontier
The yacht-owning, sports car–loving artist Francis Picabia defied the odds in nearly all aspects of his life and career—and only now are his striking pinup works being taken seriously.


Sotheby's Art Auction
Marion Maneker • July 18, 2025
May Auction Report: Rational Exuberance
Lured by the optimistic tailwinds from last fall’s Lauder auction, high-value supply came back to the art market in May, with sales totaling $2.5 billion. But the comeback may not be quite as roaring as it appears: Unimpressive hammer ratios reveal buyers’ willingness to pay, but not more than they have to.
Ab-Anbar Art Gallery, London
Marion Maneker • July 18, 2025
Lifting the Fog on London’s Gallery Scene
In its sixth year, London Gallery Weekend isn’t just supporting nascent galleries and luring 50,000 art enthusiasts to town. It’s fortifying London’s place as a major art city.
Sotheby's auction bikes
George Nelson • July 18, 2025
Blazing Saddles
Through sales of ultra-rare bicycles and insider access to the Tour de France, Sotheby’s is recruiting a new class of clients from elite cycling’s swelling ranks of C-suite executives, collectors, and family-office principals.


Julian Schnabel Pace Gallery
Marion Maneker • July 18, 2025
A Separate Pace
The global gallery represents a wide range of artists, but there is something different about the four shows currently on view in New York.
Get access to this story

Enter your email to get access to one article and free previews of our private emails from Puck authors and editors.

OR

Already a Member? Sign in



Latest Articles from Art

Caroline Seabolt, Ashkan Baghestani
Marion Maneker • July 18, 2025
Condition Report: Sotheby’s Caroline Seabolt & Ashkan Baghestani
A joint interview with the heads of Sotheby’s day sales on the depth of last week’s sales, the importance of estates in driving them, and the enduring thrill of selling another Hopper.
Patrick Bongoy
Glenn Adamson • July 18, 2025
Hot Hand: Patrick Bongoy
Patrick Bongoy weaves, stretches, and manipulates the discarded rubber that afflicts Africa, transmuting waste not only to evoke environmental exploitation or his homeland’s painful colonial past, but to express the power of creative rebirth.
sotheby's auction painting Gerhard Richter
Marion Maneker • July 18, 2025
Closing Time
A timely look at the market themes, top lots, and various peculiarities of a short, buoyant New York auction cycle that still seemed unusually long.


sotheby's Andy Warhol Sixteen Jackies
Marion Maneker • July 18, 2025
The Art Market’s Cut-Your-Loss Bounce
Beyond the billion-dollar single-night bonanzas and the movie-star promo spots, smaller sales are revealing a less sexy dynamic in the market: Collectors are exercising the freedom to sell without taking too big a loss—and their willingness to move on is creating liquidity that will fuel future growth.
Christie's art auction
Marion Maneker • July 18, 2025
Christie’s Manic Monday
The May auctions continued in thrilling fashion at Christie’s last night, as feverish bidding pushed new records for the mainstays of modernism—Pollock, Brancusi, Miró, Rothko—and the art-hoovering skylords of finance dropped the G.D.P. of a small country on the Si Newhouse collection. So can we call that an art market triumph? Not so fast…
Sotheby's
Marion Maneker • July 18, 2025
Sotheby’s Day Sales Smoke Signals
News and notes on the revealing trends surrounding Sotheby’s latest round of day sales, in which 93 percent of the 350 lots found buyers. Is this another sign of a market boom?


Sotheby's Art Auction
Marion Maneker • July 18, 2025
Sotheby’s $433 Million Pep Talk
The numbers from Sotheby’s last night were very strong—the Mnuchin sale totaled $166 million, and the various owners’ sale made nearly $267 million—but the market still hasn’t rebuilt the confidence necessary to see real momentum pick up again.


  • Terms
  • Privacy
  • Contact
  • FAQ
  • Careers
© 2026 Heat Media All rights reserved.
Create an account

Already a member? Log In

CREATE AN ACCOUNT with Google
CREATE AN ACCOUNT with Google
OR YOUR EMAIL

OR

Use Email & Password Instead

USE EMAIL & PASSWORD
Password strength:

OR

Use Another Sign-Up Method

Become a member

All of the insider knowledge from our top tier authors, in your inbox.

Create an account

Already a member? Log In

Verify your email!

You should receive a link to log in at .

I DID NOT RECEIVE A LINK

Didn't get an email? Check your spam folder and confirm the spelling of your email, and try again. If you continue to have trouble, reach out to fritz@puck.news.

CREATE AN ACCOUNT with Google
CREATE AN ACCOUNT with Google
CREATE AN ACCOUNT with Apple
CREATE AN ACCOUNT with Apple
OR USE EMAIL & PASSWORD
Password strength:

OR
Log In

Not a member yet? Sign up today

Log in with Google
Log in with Google
Log in with Apple
Log in with Apple
OR USE EMAIL & PASSWORD
Don't have a password or need to reset it?

OR
Verify Account

Verify your email!

You should receive a link to log in at .

I DID NOT RECEIVE A LINK

Didn't get an email? Check your spam folder and confirm the spelling of your email, and try again. If you continue to have trouble, reach out to fritz@puck.news.

YOUR EMAIL

Use a different sign in option instead

Member Exclusive

Get access to this story

Create a free account to preview Puck’s full offering, including exclusive articles, private emails from authors, and more.

Already a member? Sign in

Free article unlocked!

You are logged into a free account as unknown@example.com

ENJOY 1 FREE ARTICLE EACH MONTH

Subscribe today to join the inside conversation at the nexus of Wall Street, Washington, A.I., Hollywood, and more.

START 14-DAY FREE TRIAL

  • Daily articles and breaking news
  • Personal emails directly from our authors
  • Gift subscriber-only stories to friends & family
  • Unlimited access to archives
  • Bookmark articles to create a Reading List
  • Quarterly calls with industry experts from the power corners we cover