The 20 Most Expensive Artworks Hitting the Auction Block This Season

The May 2026 New York auctions at Christie’s, Sotheby’s, and Phillips will feature 20 high-value lots priced at $30 million or more, including works by Andy Warhol, Jasper Johns, Pablo Picasso, Piet Mondrian, Jackson Pollock, Willem de Kooning, Cy Twombly, Gerhard Richter, and others. The sales are staggered around the Venice Biennale and Frieze New York, with Sotheby’s holding its contemporary evening auction on May 14 and Christie’s its 20th-century sale on May 18. Notable consignments come from the estates of S.I. Newhouse, former MoMA board president Agnes Gund, and dealer Marian Goodman.

yves klein painting sells for 21 4 m at christies paris

A 14-foot-wide Yves Klein painting, *California (IKB 71)*, sold at Christie’s Paris for €18.4 million ($21.4 million), setting a new auction record for the artist in France. The work, the largest format Klein made in his signature International Klein Blue, was the cover lot of the house’s *Avant-garde(s) including Thinking Italian* sale and had been in the same New York collection since 2005. Christie’s recently uncovered that the painting stopped in New York en route from Paris to California, where it appeared in a show with dealer Leo Castelli.

yves klein blue painting christies paris

Christie’s has secured a monumental Yves Klein painting, *California (IKB 71)*, for its October 23 sale in Paris. Measuring 14 feet wide, it is the largest format the artist ever made in his signature International Klein Blue (IKB) and carries an estimate of €16–25 million ($18–29 million). The work was created in 1961 and has a newly uncovered provenance: after being shown in Los Angeles at Virginia Dwan’s gallery, it stopped in New York for an exhibition with dealer Leo Castelli before returning to Paris. It has been in a New York collection since 2005 and was on long-term loan to the Metropolitan Museum of Art from 2005 to 2008.

phillips tests lichtenstein market vandalized painting priced 20 million

Phillips New York is offering Roy Lichtenstein's 1994 painting *Nudes in Mirror* with a $20 million estimate this fall, despite—or perhaps because of—its history of vandalism. The work, from the Rush Family Collection, was slashed by a mentally unstable woman while on loan to the Kunsthaus Bregenz in Austria in 2005, leaving four 12-inch gashes that have since been expertly restored. Phillips is openly embracing the attack as part of the painting's mythology, detailing the incident in its catalogue and comparing it to other famous acts of art vandalism.

cristin tierney marks 15 years tribeca

Cristin Tierney, a seasoned art dealer, has opened a new gallery space in New York's Tribeca district, marking her fourth relocation in fifteen years. The inaugural exhibition, titled “Fifteen,” is a group show featuring over 30 artists who have shaped the gallery's identity, including Dread Scott, Mary Lucier, Judy Pfaff, and Shaun Leonardo. Tierney's move comes amid widespread reports of gallery closures, positioning her expansion as a strategic bet on the viability of midsize, independent dealers. The gallery's model combines a conceptual front-room program with secondary-market sales, a practice Tierney likens to the legacy of Leo Castelli.

A $35 M. Warhol, a $45 M. Basquiat, and More: Who’s Selling The Top Works in the May Sales?

The article reports on the upcoming May marquee sales at Christie’s and Sotheby’s, detailing high-value consignments from major collections. Christie’s will offer works from the estates of S. I. Newhouse (including a Brâncuși sculpture and a Jackson Pollock painting, each estimated at $100 million), former MoMA board president Agnes Gund (a Rothko estimated at $80 million), and the late dealer Marian Goodman (a Gerhard Richter estimated at $50 million). Sotheby’s counters with a Rothko from the collection of the late Robert Mnuchin (estimated at $100 million) and works from David and Shoshanna Wingate, including a Giacometti sculpture. The article also reveals previously unnamed consignors for top lots, such as collector John Sayegh-Belchatowski for a $45 million Basquiat and the Moore family for an Elizabeth Peyton painting.

michael werner second new york gallery sanya kantarovsky

Michael Werner Gallery is expanding rather than contracting, opening a second New York space on the Upper East Side at 1018 Madison Avenue, just around the corner from its original location at 4 East 77th Street. The new venue was secured after the building housing the original gallery went up for sale, prompting partner Gordon VeneKlasen to search for alternatives. The inaugural exhibition features Sanya Kantarovsky, who is also joining the gallery's roster, with a two-part show titled "Scarecrow" opening May 7. The expansion was designed by architect Annabelle Selldorf, who previously worked with the gallery in 1989.

Peter Halley - Jablonka Gallery, Koln vintage poster (Hand Signed by Peter Halley) , 1988

A rare 1988 vintage silkscreen exhibition poster by Peter Halley, published for his show at Jablonka Galerie in Cologne, has surfaced on the secondary market. The work is notably hand-signed and dedicated by the artist to fellow artist Bill Radawec, distinguishing it from standard mass-produced exhibition ephemera. Halley, a central figure of the 1980s Neo-Geo movement, is recognized for his 'cell' and 'conduit' paintings that critique social and technological structures.

Who Are the 10 Top-Selling Living American Artists?

Artnet's Auction Price Database reveals the top 10 living American artists by auction sales value in 2024, with the U.S. art market generating $4.3 billion. The list includes Cindy Sherman ($180.9 million total sales, record $6.8 million for Untitled Film Stills), Mark Bradford ($226.6 million, record $12 million for Helter Skelter I), and Mark Grotjahn ($241 million, record $16.8 million for Untitled (S III Released to France Face 43.14)). Sherman is the only woman and photographer on the list; Bradford is the only African American and represented the U.S. at the 2017 Venice Biennale; Grotjahn is a California-based abstract painter.

Andy Warhol | Original Exhibition Poster (2021) | For Sale

An original Andy Warhol exhibition poster from 2021 is being offered for sale by Baldwin gallery, with locations in London, Miami, and Dubai. The offset lithograph on paper measures 19.7 × 27.6 inches, is in mint condition, unsigned, and includes a Certificate of Authenticity. Priced at £650, the work ships from London with domestic shipping at £45 and international at £55, and is covered by the Artsy Guarantee.

Sotheby’s Opens the London Spring Marquee Sales With a £131M White-Glove Night

Sotheby’s London kicked off the spring auction season with a "white-glove" Modern & Contemporary Evening Sale, totaling £131 million ($176 million). Despite significant geopolitical instability and market anxiety following recent escalations in the Middle East, the auction achieved a 100 percent sell-through rate across 54 lots. Key highlights included works by Andy Warhol, a Claude Monet landscape once owned by John Singer Sargent, and a Jean-Michel Basquiat painting that sold for £3.7 million after a mid-sale renegotiation.

Basquiat’s 'Museum Security' leads Sotheby’s New York contemporary evening sale at US$52.7m

Jean-Michel Basquiat's 1983 painting 'Museum Security (Broadway Meltdown)' sold for US$52.7 million at Sotheby's Now and Contemporary Evening Auction in New York, becoming the fifth-most expensive Basquiat ever auctioned. The work, estimated at over US$45 million and backed by an irrevocable bid, hammered at US$45.3 million to a telephone bidder represented by Sotheby's Lucius Elliott. The auction totaled US$266.8 million with fees, selling 40 of 44 lots, and combined with the preceding Robert Mnuchin collection sale—led by Mark Rothko's 'Brown and Blacks in Reds' at US$85.8 million—the evening brought in US$433.1 million.

Los Angeles Art Scene Overview

Los Angeles

The Los Angeles art scene is experiencing a significant transformation as major blue-chip galleries like Gagosian and PaceWildenstein expand their presence in the city. This shift is driven by the influx of entertainment industry wealth and a growing interest from Hollywood figures, despite a historically smaller collector base compared to New York. Key institutional developments include Eli Broad's financial interventions to stabilize MOCA and fund new building schemes at LACMA.

Basquiat's monumental work on paper sells for US$16.3m, leading Sotheby's contemporary sale in New York

On May 15, Sotheby's held The Now and Contemporary Evening Sale in New York, achieving a total of US$127.1 million. The top lot was an untitled 1981 work on paper by Jean-Michel Basquiat, which sold for US$16.3 million after a five-minute bidding battle. The sale included 41 lots with a 92.6% sell-through rate, and all nine works from the collection of Roy and Dorothy Leichtenstein were sold, contributing US$29 million to the total.

The must-see lots from Contemporary New York

Christie's is promoting its upcoming Contemporary New York auction series, highlighting key lots from the sale. Specialists from the auction house provide commentary on featured works by artists including Josef Albers, Julie Mehretu, William Edmondson, Maria Pergay, Jeff Koons, and Cy Twombly, detailing their artistic significance and notable provenance.