Dallas Art Fair brings Texas's relationship-driven collecting community into focus

The Dallas Art Fair has returned for its 2026 edition, signaling a period of stability with approximately 90 exhibitors and a higher retention rate than previous years. The fair continues to serve as a vital hub for the North Texas collecting community, characterized by a deliberate, relationship-driven approach to acquisitions. Notable activity included the Dallas Museum of Art's acquisition of six works for its permanent collection, including pieces by Nicole Eisenman and Raymond Saunders, funded through a $100,000 partnership with the fair's foundation.

Unseen George Condo Works Arrive at Auction From Anna Condo’s Collection

Anna Condo, the former wife of American painter George Condo, is bringing 27 previously unseen works from her private collection to auction at Christie’s. The collection, which includes paintings, drawings, and sculptures acquired during their 28-year marriage, will be featured in the Post-War and Contemporary Art day sale on May 21. These works have never been exhibited or sold publicly, offering a rare glimpse into the artist's private creative output between 1988 and 2017.

Art Dubai announces updated gallery list for postponed 2026 edition

Art Dubai has released a revised exhibitor list for its 2026 edition, which was rescheduled to May 15–17 following regional instability caused by the US-Israel war in Iran. The fair will feature 50 galleries at Madinat Jumeirah, down from its original roster after approximately 75 participants—including major Indian and Western galleries—withdrew due to scheduling conflicts and logistics. To support those remaining, the fair has introduced a flexible fee structure where galleries pay a percentage of sales capped at the original stand cost.

Billionaire Collector Ken Griffin’s Basquiat Buying Spree Continues

Billionaire collector Ken Griffin has significantly expanded his holdings of Jean-Michel Basquiat, notably acquiring the 1983 masterpiece 'In Italian' from the collection of Peter Brant. The acquisition came to light through press materials for an upcoming exhibition at the Pérez Art Museum Miami (PAMM) titled "Basquiat: Figures, Signs, Symbols," which will showcase nearly a dozen works from Griffin’s private collection. The show, curated by PAMM director Franklin Sirmans and Griffin’s curator Megan Kincaid, includes other high-profile acquisitions such as the 1982 'Untitled (Skull)' previously purchased from Yusaku Maezawa.

In Paris, Highly Mobile Gallerists

À Paris, des galeristes très mobiles

The Parisian art scene is experiencing a significant wave of gallery expansions and relocations across both the Right and Left Banks. Major developments include Kamel Mennour acquiring the former Malingue gallery space on Avenue Matignon for secondary market masterpieces, and Christophe Person moving from the Marais to a redesigned space on Rue du Bac with the backing of collector Jean Claude Gandur. Other notable moves include London-based Waddington Custot opening a Parisian branch, Singapore's Cuturi Gallery settling in the Palais-Royal, and Vincent Sator inaugurating a new space in the David Chipperfield-designed Morland Mixité Capitale complex.

Gallery Not Paying? Call Kenny Schachter’s Kollection Agency. He Gets Results!

Art world provocateur Kenny Schachter addresses the current climate of anxiety within the industry, touching on everything from the existential threats of advanced AI tools like Anthropic’s Mythos to the 'doomster' narratives of market analysts. Amidst reports of dwindling demand and galleries struggling with non-paying clients, Schachter highlights the enduring value of historical works, such as a 1799 Goya etching, while dismissing claims that screens are replacing physical art in the home.

Paris art enthusiast wins €1m Picasso painting in €100 charity raffle

Ari Hodara, a Parisian sales engineer and art enthusiast, won a 1941 Pablo Picasso portrait valued at over €1 million through a €100 charity raffle ticket. The draw, held at Christie’s in Paris, featured the painting 'Head of a Woman,' a portrait of the artist’s muse Dora Maar. The lottery successfully sold all 120,000 available tickets, raising a total of €12 million.

Sotheby’s Paris Notches a $41 M. Modern and Contemporary Sale, Led by a $12 M. Monet Unseen for a Century

Sotheby’s Paris achieved a landmark result for its modern and contemporary art sale, totaling €35 million ($41 million) and surpassing its high estimate. The auction was headlined by two Claude Monet paintings that had been hidden from public view for roughly a century, including 'Vétheuil, effet du matin' (1901), which sold for €10.2 million ($12.1 million), setting a record for the artist at auction in France.

Irene Monat Stern | Untitled (circa 1970s) | Available for Sale

The estate of Irene Monat Stern has made the painting 'Untitled' (circa 1970s) available for sale, highlighting the artist’s unique contribution to the Color Field movement. A Holocaust survivor who settled in Southern California, Stern developed a signature technique of staining unprimed canvas with acrylics to create organic, blossom-like forms. Her work is characterized by a sense of weightlessness and spatial depth that distinguishes her from contemporaries like Morris Louis and Helen Frankenthaler.

Lost Bob Dylan Lyric Sheet Resurfaces After 60 Years—and Other Rare Finds Heating Up the Market

A rare, typewritten lyric sheet for Bob Dylan’s song “I’m Not There” has resurfaced after being hidden for nearly 60 years inside a first-edition book of poetry by Allen Ginsberg. The document, which was discovered by a book dealer handling the estate of Sally Grossman, is set to be auctioned by Omega Auctions with an estimate of £20,000–£40,000. Other high-profile collectibles hitting the block include Stephen Curry’s game-worn sneakers at Sotheby’s and a signed Albert Einstein etching.

21 Renoirs From the Collection of the Artist’s Muse Hit the Market

Bonhams has announced an online auction titled “A Lasting Impression,” featuring 21 previously unseen or little-known paintings by Pierre-Auguste Renoir. These works originate from the personal collection of Gabrielle Renard, the artist’s longtime muse and his children's nanny, who sat for the Impressionist master nearly 200 times. The sale, scheduled for May 10–20, includes intimate portraits of Renard, landscapes, and a floral still life, with estimates ranging from $220,000 to $700,000.

Art Paris: A Better Result Than Expected

Art Paris, un bilan meilleur que prévu

The 28th edition of Art Paris concluded with stronger-than-expected sales despite a sluggish start and a volatile global climate. Featuring 165 galleries, the fair solidified its position as a key regional event for French collectors, offering a price range typically between €10,000 and €40,000. While mega-galleries like Almine Rech participated with accessible works, the fair also welcomed newcomers like Esther Schipper and In Situ-Fabienne Leclerc, who reported positive results across various media including ceramics, photography, and painting.

This Watch Witnessed the Rise of the Empire State Building. Now It’s Up for Sale

A rare 1929 Patek Philippe wristwatch, originally owned by Paul Starrett—the chairman of the corporation behind the Empire State Building—is headed to auction at Phillips in New York. The Tiffany & Co. signed timepiece was purchased by Starrett during the construction of the iconic skyscraper and features unique floral engravings alongside his initials. It is expected to fetch between $15,000 and $30,000 during the June sale.

The Phillies Owner’s Other Superstars

John Middleton, the billionaire owner of the Philadelphia Phillies, is channeling his competitive drive into the acquisition of 19th-century American masterpieces. His private collection, which features prominent works by Andrew Wyeth, Winslow Homer, and Thomas Eakins, has quietly become one of the most significant of its kind in the United States. Middleton’s approach to collecting mirrors his sports management style, focusing on "blue-chip" historical significance and technical mastery.

Dream Win With a Catch

Traumgewinn mit Haken

A 58-year-old sales engineer from Paris has won a 1941 Pablo Picasso portrait titled "Tête de femme" through a charity raffle. The winner acquired the masterpiece, valued at approximately €1.45 million, by purchasing a single €100 ticket. Organized to benefit Alzheimer’s research, the international lottery sold 120,000 tickets across 152 countries, raising a total of €12 million.

Sotheby’s Sued by Cushman and Wakefield Over Unpaid $10.2 Million Commission

Real estate brokerage Cushman and Wakefield has filed a lawsuit against Sotheby’s, alleging the auction house failed to pay a $10.2 million commission following the $510 million sale of its former York Avenue headquarters to Weill Cornell Medicine. The broker claims that under a 2023 agreement, they were entitled to a 2-percent fee if the medical school transitioned from a tenant to a buyer, a deal that was finalized in 2025. Sotheby’s has dismissed the lawsuit as "baseless," asserting they will be vindicated in court.

Monet painting auctioned in France for more than 10 million euros

Monet-Gemälde in Frankreich für mehr als 10 Millionen Euro versteigert

A recently rediscovered landscape painting by Claude Monet, titled "Vétheuil, effet du matin" (1901), sold for €10.2 million at a Sotheby’s auction in France. The sale exceeded its initial estimate of €6 million to €8 million and set a new record for a Monet work sold at auction within France. A second work, "Les îles de Port-Villez" (1883), also outperformed expectations, fetching €6.45 million during the same event.

A Monet Sold at Auction in France

Un Monet adjugé en France

Claude Monet’s painting 'Vétheuil, effet du matin' sold for nearly €10.2 million at an auction in Paris this Thursday. The sale highlights the continued demand for high-quality Impressionist works within the French capital's growing secondary market.

Auction Record in India

Record aux enchères en Inde

The Indian art market has reached a new milestone with the sale of Raja Ravi Varma’s painting, 'Yashoda and Krishna,' which fetched $17.9 million (including fees) at a domestic auction. The masterpiece was acquired by the prominent industrialist Cyrus Poonawalla, setting a new world record for an Indian painting sold at auction.

Poly Auction Hong Kong Spring Auctions 2026 concluded on a high note

Poly Auction Hong Kong's Spring 2026 season concluded with a total of HKD 255 million in sales, representing a 23% increase over the previous autumn cycle. The auction was headlined by Liu Wei’s 1995 painting "You Like Pork?", which fetched HKD 27.6 million, followed by a Ming Dynasty 'Grapes' foliate-rim dish that sold for HKD 24.6 million. The event saw participation from collectors across 17 countries, with significant growth in the Modern and Contemporary Art and Jewels and Watches sectors.

Ax Swings Following Artsy/Artnet Consolidation as Top Reporters Are Laid Off

Major layoffs have hit Artnet and Artsy following their consolidation under the UK-based investment firm Beowolff Capital. The staff reductions occurred just one day after the merger announcement and include the departure of veteran Artnet News reporters Sarah Cascone and Eileen Kinsella, who both served the publication for over a decade. As part of the restructuring, Artnet will also shutter its German entity, while Andrew Russeth has been tapped to serve as interim editor.

Rare Winnie-the-Pooh Drawings Surface for the First Time

Two previously unseen preliminary drawings of Winnie-the-Pooh by illustrator E.H. Shepard have surfaced for the first time on the centenary of the children's classic. Brought forward by Shepard’s family, the pencil sketches depict scenes from A.A. Milne’s original 1926 book that were never fully realized or published. These rare works, along with several other preliminary sketches that did make it into print, are currently on display and for sale at Peter Harrington Rare Books in London before traveling to the New York International Antiquarian Book Fair.

Richmond Acquires an 18th-Century Terracotta

Richmond s'enrichit d'une terre cuite du XVIIIe siècle

The Virginia Museum of Fine Arts in Richmond has acquired a rare 18th-century terracotta sculpture by the French artist Jean-Baptiste Boudard. A winner of the Grand Prix de Sculpture in 1732, Boudard spent much of his career in Italy serving the court of Philip of Bourbon in Parma, which contributed to his relative obscurity in his native France despite his significant contributions to Roman and Parmese landmarks.

A Bodybuilder’s 3,300-Year-Old Egyptian Stele Heads to TEFAF

A 3,300-year-old Egyptian stele once owned by bodybuilding pioneer Ben Weider is set to be a highlight at TEFAF New York this May. The limestone carving, which depicts Pharaoh Thutmose IV, was gifted to Weider in 1964 and recently surfaced at a Montreal auction before being acquired by the London-based gallery David Aaron. Alongside the stele, the gallery will present a 2,500-year-old greywacke bust of a goddess, which was recently authenticated after being dismissed as a fake due to its pristine condition and 18th-century restorations.

In Surprising Twist, ADAA Art Fair Will Now Benefit the Whitney Museum

The Art Dealers Association of America (ADAA) has named the Whitney Museum of American Art as the new philanthropic beneficiary of its annual fair at the Park Avenue Armory. This decision follows the ADAA's abrupt termination of a 30-year partnership with the Henry Street Settlement, a social services nonprofit that relied on the fair's preview gala for approximately $1 million in annual unrestricted funding. The new event, rebranded simply as the ADAA Fair, will direct its gala proceeds toward the Whitney’s educational and artistic programming.

Which Country’s Art Market Came Out on Top in 2025?

The United States solidified its position as the world's leading art market in 2025, with fine-art auction sales rising 25.3 percent to reach $5.4 billion. Despite early volatility caused by trade tariffs, a surging stock market and cooling inflation fueled a massive November auction season in New York, where nine of the year's ten most expensive artworks were sold. In contrast, China's market contracted by nearly 11 percent due to a persistent property crisis, while the United Kingdom and France saw significant growth, with Paris benefiting from the momentum of Art Basel Paris.

Sotheby’s Returns to Profit as Sales Rise, Though Cash Pressures Persist

Sotheby’s has reported a return to profitability in 2025, posting a $53 million pre-tax profit following a significant $190 million loss the previous year. Driven by a 20 percent increase in sales totaling $7.1 billion, the auction house benefited from a broader 4 percent recovery in the global art market. Despite these gains, the company is navigating complex financial pressures, including a $10.2 million commission lawsuit from Cushman & Wakefield and the need to refinance $765 million in debt by 2027.

Sotheby’s Owes Real Estate Firm $10.2 Million Commission: Lawsuit

Real estate giant Cushman & Wakefield has filed a lawsuit against Sotheby’s, alleging the auction house failed to pay a $10.2 million commission following the $510 million sale of its New York headquarters. The dispute centers on the building at 1334 York Avenue, which was sold to Weill Cornell Medicine in late 2025 after the medical institution initially leased several floors through a deal brokered by the real estate firm.

We had to make difficult decisions

"Wir mussten schwierige Entscheidungen treffen"

Investor Andrew E. Wolff has stepped down as CEO of Artnet after orchestrating a merger of the company's US operations with Artsy, another major art market platform he recently acquired. Jeffrey Yin, previously the interim head of Artsy, has been appointed as the permanent CEO of the combined entity. The restructuring involves significant layoffs, the closure of Artnet's Berlin office, and a consolidation of management teams, though both brands will continue to operate with distinct editorial voices.

Briscoe Western Art Museum's annual event hits record $2.3M in art sales, marks 25th anniversary success

The Briscoe Western Art Museum’s 25th anniversary Night of Artists (NOA) Exhibition and Sale achieved a record-breaking $2.345 million in sales during its opening weekend. The event, held in San Antonio, saw 72% of the featured contemporary Western artworks sold immediately, including high-value pieces by Gladys Roldán-de-Moras and Todd Connor. Several prestigious honors were awarded, including the "Cowboy Bob" Museum Purchase Award, which secured Morgan Weistling’s portrait of Buffalo Bill Cody for the museum’s permanent collection.