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The $53 M. Wingate Collection Comes to Sotheby’s, Led by a $25 M. Giacometti

The collection of modern and contemporary art assembled by David and Shoshanna Wingate over seven decades will be sold at Sotheby's in New York and London on May 19 and 20. The sale, comprising over 50 works by artists like Alberto Giacometti, Mark Rothko, and Wassily Kandinsky, is estimated to fetch between $37 million and $53 million, led by Giacometti's sculpture "La Clairière (Composition avec neuf figures)" with an estimate of $18 million to $25 million.

another management shake up at sothebys asia and a rundown of the latest in asias art world

Sotheby's Asia faces another leadership shake-up as Elaine Holt departs her role as chairman of modern and contemporary art in Asia after just one year. Jasmine Prasetio, Sotheby's managing director for Southeast Asia, will relocate to Hong Kong to serve as interim chair. Meanwhile, European galleries Meyer Riegger and Galerie Jocelyn Wolff are partnering to open a new space in Seoul called Meyer Riegger Wolff, led by Gala Musi, with an inaugural show during Frieze Seoul. Design Miami will make its Asian debut in Seoul, and London-based artist Firenze Lai has joined White Cube's roster. In Taiwan, the Taichung Green Museumbrary, designed by SANAA, is set to open in December, and the Gwangju Biennale Foundation has appointed Youn Bummo as its new president.

Art market 2026 predictions: underwhelming rebound and another Frieze fair

The article presents five predictions for the art market in 2026, following a relatively improved but still cautious end to 2025. Key forecasts include a subdued market rebound, a shift toward smaller and cheaper artworks, the continued expansion of Frieze fairs (possibly into India), a consolidating Art Basel, and a resurgence of London's art-world clout. The predictions are informed by trends such as declining demand for art as investment, gallery closures and geographic pruning, and the thematic direction of the 2026 Venice Biennale, curated by the late Koyo Kouoh under the title "In Minor Keys."

20th and 21st Century auctions in New York total $965 million

Christie’s New York concluded its 20th and 21st Century Art sales week on November 21, 2025, generating a total of $964.5 million, the auction house’s highest in three years. The sales included the Collection of Robert F. and Patricia G. Ross Weis, which alone brought in $218 million, led by Mark Rothko’s *No. 31 (Yellow Stripe)* at $62.1 million. Other top lots included works by Claude Monet, Pablo Picasso, and David Hockney, each exceeding $40 million. Fifteen artist records were broken, including for Beauford Delaney, Leonor Fini, Firelei Báez, and Olga de Amaral. Bidding was active across all platforms, with the highest online bid ever placed at a live Christie’s auction.

ultra contemporary chinese artists market

The article analyzes the auction performance of Chinese artists born after 1990 (post-90s) in the first half of 2025, based on data from the Artnet Price Database and the Artnet Intelligence Report. It highlights a shift from short-term speculation to longer-term competition, with the market showing more robust structure including stratified pricing and wider transactional geography. Key figures include Li Hei Di, whose large-scale painting sold for HK$2.67 million at Sotheby’s Hong Kong, and other artists like Zhang Zipiao, Yuan Fang, and Wang Qianyao achieving consistent mid-range prices between HK$300,000 and HK$800,000. Sales in Hong Kong reached HK$12.4 million, while artists also entered Western markets in New York and London.

Basquiat's 'Museum Security' to Headline Sotheby's May 2026 Contemporary Evening Auction

Jean-Michel Basquiat’s monumental 1983 painting 'Museum Security (Broadway Meltdown)' is set to headline Sotheby’s Contemporary Evening Auction in May 2026. Estimated to fetch in excess of $45 million, the work is appearing at auction for the first time in over a decade. Before the sale, the canvas will undergo a global tour with stops at the Breuer building in New York, Hong Kong, Los Angeles, and London.

maurizio cattelan scavenger hunt joseph beuys felt suit

Maurizio Cattelan has partnered with the online art platform Avant Arte for a project centered on a new sculptural self-portrait titled *We Are The Revolution* (2025), which references Joseph Beuys's felt suit. The work lampoons the self-importance of contemporary art while reflecting on the artist's evolving role. Limited to 1,000 resin editions priced at €1,500 each, the release involves a randomized draw and a scavenger hunt in New York, Amsterdam, and London, where sculptures will be hidden in market stalls, bodegas, and an antiques dealership from September 30 to October 7. Prices range from $0.99 to €9,999 depending on location.

perrotin relocating hong kong gallery

Emmanuel Perrotin announced that his gallery is relocating from K11 Atelier Victoria Dockside back to Central, Hong Kong’s business district, where it first opened in Asia in 2012. The gallery vacated Dockside on October 1 after six years, citing the need to better serve its community, enhance accessibility, and reduce operational costs. The move follows Pace Gallery’s announcement that it will close its H Queen’s location by the end of October, and comes amid a broader shake-up in Hong Kong’s gallery scene, with other blue-chip dealers like Lévy Gorvy Dayan also shuttering spaces.

Masterpieces by Klimt, Matisse and Freud set for London’s most valuable auction

Sotheby's will auction a major collection of masterpieces by artists including Gustav Klimt, Henri Matisse, Lucian Freud, and Francis Bacon, consigned by Joe Lewis and his daughter Vivienne, whose family owns Tottenham Hotspur. The collection, expected to fetch over £150 million, is projected to become the most valuable ever offered in London, with highlights such as Klimt's 'Bildnis Gertrud Loew' (estimated £20-30m) and Egon Schiele's 'Danaë' (estimated £12-18m, potentially setting a new artist record). The works will be exhibited in New York and London before the June sales.

canaletto 2026 christies old masters sale

A Canaletto painting titled *Venice, the Bucintoro at the Molo on Ascension Day* (ca. 1754) will lead Christie’s Old Masters sale in New York this February 2026, with an estimate of over $30 million. The monumental canvas, commissioned by the King family (later Earls of Lovelace), is the last known version of this subject by the artist. It last sold at Christie’s 20 years ago during the Champalimaud Collection sale, setting a record. The work will tour exhibitions in New York, Hong Kong, and London before returning to New York for a pre-sale exhibition.

former owners of the art newspaper and lofficiel say amtd still owes buyout funds amid ipo listings

The former owners of The Art Newspaper and L’Officiel are embroiled in legal disputes with the Hong Kong-based AMTD Group, alleging they have not received full payment for the sale of their publications. Russian publisher Inna Bazhenova, who sold The Art Newspaper for an estimated $16–17 million, and the Jalou family, former owners of L’Officiel, claim that AMTD owes significant buyout funds despite the media brands being used to anchor high-profile IPOs on the New York and London stock exchanges. Bazhenova specifically alleges that shares provided as part of the payment have been 'parked and frozen' by a brokerage linked to AMTD, preventing her from accessing her capital.

Column | Indian art in a global context

The article examines the evolution of the Indian Modern and Contemporary Art market over the past three decades, noting a shift in financial power from New York and London to Mumbai and New Delhi. It highlights the pivotal 1997 auction 'The Intuitive-Logic II' organized by HEART (Tuli Foundation for Holistic Education and Art) as a catalyst, and traces the market's trajectory through a boom period (2000-2007), a stagnation and decline (2010-2018), and a current sustained rise.

Meet new curator and concept of the Off white Charity Auction 2018

The 5th anniversary edition of the Off White contemporary art charity auction, organized by the Cosmoscow International Contemporary Art Fair, will take place on June 8, 2018, in partnership with Phillips auction house. For the first time, the auction will be curated by international curator Leopold Thun, co-runner of Emalin gallery in London, who will introduce a new concept, date, venue, and international perspective. Proceeds will benefit the Cosmoscow Foundation for Contemporary Art.