════════════════════════════════════════════════════════════════ -->
LIVE
SATURDAY 4 APRIL 2026
ART DISPOSAL & MARKET INTELLIGENCE
VOLUME IV · ISSUE 95
Easel Index®
UPDATING...
FAMILY OFFICES · ESTATES · GALLERIES
FOR INFORMATION PURPOSES ONLY
LIVE FEEDS: FX — LOADING GOLD — LOADING ART INDEX — PROPRIETARY MODEL AUTO-REFRESH: 60s
EI COMPOSITE
4,847
+2.1% YTD
S&P 500
loading
GOLD USD/OZ
loading
GBP/USD
loading
ULTRA-CONTEMP IDX
432
+11.3% YTD
IMPRESSIONIST IDX
892
−1.4% YTD
Recent disposals & estate sales
Full record →
Market intelligence
All intelligence →
Artist movers · 30 days
Investor signals
R. Fuentes Capital
African modernists · building
BUY
Vantage Collection
Impressionist → Latin American
ROT
A. Thornton (pvt)
Digital exit · blue-chip return
SELL
EI COMPOSITE INDEX
4,847
+2.1% YTD +0.4% MTH +0.1% TODAY
S&P 500
GOLD USD/OZ
GBP/USD
1Y
3Y
5Y
10Y
ARTX S&P 500 GOLD
POST-WAR
1,204
+3.8% YTD
CONTEMPORARY
2,318
+5.2% YTD
IMPRESSIONIST
892
−1.4% YTD
ULTRA-CONTEMP
432
+11.3% YTD
Top transactions this month
Full ledger →
ARTIST / WORKHOUSEHAMMERvs EST.
Artist movers · 30 days
ARTIST / WORKDATEHOUSEESTIMATEHAMMERvs EST.
Hammer prices inclusive of buyer's premium where publicly disclosed. Private treaty sales not included unless confirmed. Data sourced from public auction records.
If It Came To Market
Easel Index SPECULATIVE VALUATIONS — WORKS CURRENTLY HELD IN MUSEUMS, PRIVATE COLLECTIONS OR WITH UNCERTAIN STATUS
Johannes Vermeer
STOLEN · UNRECOVERED
The Concert, c. 1664 — Isabella Stewart Gardner Museum, Boston. Stolen March 18, 1990.
Stolen alongside 12 other works in history's largest unsolved art theft. A Vermeer of this calibre — a three-figure interior at a harpsichord — would command a record by an order of magnitude beyond any prior Vermeer sale. Title status makes legitimate sale extraordinarily complex. A hypothetical sale would likely exceed every prior Vermeer by a factor of three or more. The closest modern comparable: Leonardo's Salvator Mundi at $450.3m, Christie's New York, November 2017.
LOW ESTIMATE
$180m
HIGH ESTIMATE
$400m+
BASIS
Salvator Mundi precedent
Lucian Freud
PRIVATE · STATUS UNCERTAIN
Benefits Supervisor Sleeping, 1995 — believed held by Roman Abramovich collection
Last sold by Christie's New York in 2008 for $33.6m — then the most expensive work by a living artist. Subsequently acquired by Roman Abramovich. UK and EU sanction-related asset freezes create legal ambiguity around title and ability to transact. Were it to emerge at auction in 2026 free of all encumbrance, the secondary Freud market has strengthened significantly — Leigh Bowery canvases of comparable scale now clear £30m routinely. The work represents an extraordinary trapped asset.
LOW ESTIMATE
£55m
HIGH ESTIMATE
£95m
2008 PRICE
$33.6m
Leonardo da Vinci (attr.)
DISPUTED ATTRIBUTION
La Bella Principessa, c. 1496 — private Swiss collection
Attribution confirmed by Professor Martin Kemp (Oxford) and supported by fingerprint analysis; contested by a minority of scholars. Currently held in private Swiss hands and valued as disputed. Were attribution definitively established through scientific consensus, value would likely rival Salvator Mundi. Current discount reflects attribution uncertainty alone, not demand for confirmed Leonardo — where institutional and private appetite is essentially unlimited at any price.
DISPUTED VALUE
$20–40m
IF CONFIRMED
$300–500m
RISK RATING
HIGH
Caravaggio
STOLEN · MAFIA LINK
Nativity with St. Francis and St. Lawrence, c. 1600 — Oratory of San Lorenzo, Palermo, stolen October 1969
Removed from its altarpiece in a single night. Multiple investigations have linked its movement to the Sicilian Mafia; occasional credible sightings have been reported and dismissed. Were it to emerge legally and in good condition — a near-impossibility given its history — the sale would be the cultural event of a generation. Market value assumes an entirely hypothetical best-case scenario: clean title, good condition, legitimate consignment.
MARKET ESTIMATE
€100–200m
LIKELIHOOD
VERY LOW
CULTURAL STATUS
PRICELESS
Cy Twombly Foundation
FOUNDATION HELD
Untitled (Bacchus) triptych, 2006 — Cy Twombly Foundation, Rome. Never separated. Never offered.
Individual Bacchus panels of comparable scale have cleared $35m at auction. The Foundation holds the complete triptych in its original configuration. A consignment to a major New York evening sale would anchor an entire sale and drive secondary market activity across the Twombly estate simultaneously. The Foundation has shown no indication of deaccessioning any major work to date.
PER PANEL EST.
$35m
TRIPTYCH
$130–160m
LIKELIHOOD
UNLIKELY
Private Disposals & Estate Sales
FAMILY OFFICE DEACCESSIONS · ESTATE DISPERSALS · GALLERY ACQUISITIONS · FOUNDATION SALES — CONFIRMED & REPORTED
Market Intelligence
LONG-FORM ANALYSIS · FAMILY OFFICES · ESTATE PLANNING · COLLECTION STRATEGY · ART AS AN ASSET CLASS