The Marcel Duchamps That Got Away: On Collecting His Work and the Sprawling MoMA Show

The article recounts the author's personal experience as a collector who passed up the opportunity to buy a complete set of Marcel Duchamp's readymades at a 2002 Phillips de Pury and Luxembourg auction. The set, editioned by dealer Arturo Schwartz in 1964, included iconic works like *Fountain* and *Bicycle Wheel*, but the sale was a financial failure, with many pieces bought-in or selling for far below expectations. The author later acquired some of the unsold works privately. The piece is framed around the concurrent Duchamp exhibitions at the Museum of Modern Art and Gagosian.

art basel 2025

Art Basel 2025 opened in Basel with VIP previews, featuring a mix of high-priced works like Félix González-Torres's $16 million performance piece and Yu Nishimura's fresh-to-market triptych at €375,000. The fair adapts to a shifting market with lower price points, faster decisions, and new sectors like Premiere for ultra-contemporary art, alongside global expansion including a new fair in Doha. Satellite events like Liste and the Basel Social Club offer alternative experiences, while curated booths, such as Gagosian's 30th-anniversary presentation, blend curatorial idealism with the fair format.

Mark Rothko Painting Agnes Gund Hung in Her Living Room Sells for $98 M., Setting a Record

A Mark Rothko painting, *No. 15 (Two Greens and Red Stripe)* (1964), formerly owned by prominent art patron and Museum of Modern Art president emerita Agnes Gund, sold at Christie’s on Monday night for $98.4 million (including fees). The work, which Gund purchased directly from Rothko in 1967 and kept in her living room until her death last September, received about a dozen bids before hammering at $85 million to a buyer represented by Christie’s specialist Rachael White Young. The sale broke Rothko’s previous auction record of $86.9 million set in 2012 for *Orange, Red, Yellow* (1961), also at Christie’s New York.

Never-Before-Seen Calder Sculpture Emerges on the Auction Block in Paris

A previously unknown sculpture by Alexander Calder, titled 'Stabile-mobile' (1974), will be auctioned by Oger – Blanchet at Hôtel Drouot in Paris on May 22. The small, kinetic work, estimated to sell for €80,000–€120,000, was a gift from the artist to an archivist at the French National Museum of Modern Art and has remained with her family for 50 years.

Christie’s to sell an almost unknown Van Gogh double-sided drawing

A previously obscure double-sided drawing by Vincent van Gogh, created in the final weeks of his life, will be auctioned by Christie's in Paris. The sheet features a study of female pea pickers on one side and a landscape on the other, complete with color notations indicating Van Gogh's intention to develop them into paintings. The work has been authenticated by the Van Gogh Museum and carries an estimate of €100,000-€150,000.

abu dhabi art 2025

Abu Dhabi Art (ADA) opens its largest edition to VIPs on November 18 at Manarat Al Saadiyat, featuring 142 exhibitors—up from just over 100 last year. This is the final edition under the ADA name before it relaunches as Frieze Abu Dhabi in 2025, marking a major transition for the Gulf's art market. Key international dealers like Pace are returning after a long absence, and the fair includes works by Robert Indiana, Arlene Shechet, and a teamLab installation. The event comes as Art Basel also plans its 2026 debut in Qatar, signaling a broader regional shift.

15 Van Gogh Masterpieces that Set Auction Records

ARTnews published a listicle on May 19, 2026, detailing 15 Van Gogh masterpieces that set auction records, from *Landscape with Rising Sun* (1985) to *Portrait of Dr. Gachet* (1990). The article recounts landmark sales including *Sunflowers* ($39.9 million in 1987), *Irises* ($53.9 million in 1987), and *Portrait of Dr. Gachet* ($82.5 million in 1990), highlighting the buyers, provenance, and institutional homes such as the Sompo Museum of Art and the J. Paul Getty Museum.

Landmark Works Lead Cowley Abbott’s Sale of Indigenous and International Art

Cowley Abbott is staging its major spring sale, 'Select Masterworks of Indigenous and International Art,' at the Globe and Mail Centre in Toronto on May 27. The auction features a diverse range of works, including Pierre-Auguste Renoir's 'Paysage du Midi' (ca. 1900), Vincent van Gogh's 'Homme à la Pipe: Portrait du Docteur Gachet' (1890), Philip Russell Goodwin's 'Camping – Canadian Club' (1916), Emily Carr's 'Wind' (1936), and Lawren Stewart Harris's 'Above Coldwell Bay, North Shore, Lake Superior (Lake Superior Sketch XV)' (1925), with estimates ranging from CA$150,000 to CA$700,000.

sothebys newly relocated to the breuer building reintroduces itself to new york

Sotheby's has relocated its New York headquarters to Marcel Breuer's iconic Brutalist building on Madison Avenue, formerly home to the Whitney Museum, the Met Breuer, and a Frick Collection outpost. After a renovation by Herzog & de Meuron that restored original gallery proportions and upgraded infrastructure, the auction house is inaugurating the space with a series of exhibitions featuring three major single-owner collections—Leonard A. Lauder, Cindy and Jay Pritzker, and Exquisite Corpus—estimated at over a billion dollars. Highlights include Gustav Klimts from the Lauder trove, a Van Gogh still life from the Pritzker collection, a Frida Kahlo painting expected to set a record for a woman artist, and a Basquiat work in the contemporary evening sale.

art basel 2025 sales report

Art Basel 2025 in Switzerland, now in its 55th edition, opened with 289 exhibitors amid a soft and unpredictable art market. Major sales included a Ruth Asawa sculpture for $9.5 million at David Zwirner, a Gerhard Richter painting for $6.8 million, and a Keith Haring from 1983 for $3.5 million at Gladstone. The top reported sale was David Hockney's 'Mid November Tunnel' (2006) for $13-17 million at Annely Juda Fine Art. Hauser & Wirth headlined with a moody Mark Rothko from the early 1960s, while galleries adopted strategies of offering wide price ranges and diverse styles to hedge against market uncertainty.

gust klimt 100 million club

Sotheby's is offering Gustav Klimt's "Portrait of Elisabeth Lederer" (1914-1916) from the estate of the late collector and philanthropist Leonard Lauder with an asking price exceeding $150 million. The consignment also includes two Attersee landscapes valued at over $70 million and $80 million respectively, potentially generating over $300 million from just three lots. This sale follows Ronald Lauder's record-setting $135 million private purchase of Klimt's "Portrait of Adele Bloch-Bauer I" in 2006, and is guaranteed to set a new auction record for the artist, surpassing the current $108.8 million benchmark.

Andy Warhol’s Patek Philippe Poised for $400,000 Sale—and Other Hot Finds on the Market

Christie's will auction a Patek Philippe Calatrava Ref. 570 watch formerly owned by Andy Warhol on June 12, with an estimate of $200,000–$400,000. The timepiece, double-signed by retailer Hausmann & Co., was first sold in Sotheby's 1988 sell-off of Warhol's estate and later resold at Christie's in 2021 for $150,000. The article also highlights other market offerings, including a collection of John Keats letters estimated at $1.5–$2.5 million at Sotheby's, celebrity-painted garden gnomes for a Chelsea Flower Show charity sale, and spy-themed memorabilia at Bonhams.

The Venice Biennale has long been a sales platform—now no one is pretending otherwise

The Venice Biennale, traditionally a government-subsidized non-commercial institution where sales were downplayed, is experiencing an unprecedented open embrace of commerce. For the first time, Christie's is hosting an invitation-only selling exhibition in Venice, offering works ranging from Old Masters like Lucas Cranach to Modern and contemporary giants such as Andy Warhol, Louise Bourgeois, and Mark Bradford, with prices from $500,000 to over $35 million. Dealers, auction houses, and private foundations are openly pricing and selling works to collectors, spurred partly by Italy's reduced 5% VAT rate on art imports, now Europe's lowest.

joel shapiro ellen phelan lennox hill home sale 4 75 million

The Manhattan duplex of the late sculptor Joel Shapiro and his wife, painter Ellen Phelan, has been listed for $4.75 million. Located in a 1907 Lenox Hill building on East 67th Street, the home was purchased in the early 2000s and renovated with beveled glass doors, brass hardware, and a sculptural staircase. The listing is held by Eileen Angelo and Max Collins of Sotheby’s International Realty. The couple also owned a lakeside estate in Westport, New York, called Kenjockety, which is also on the market, reduced from $5.49 million to $4.8 million.

christies arnold joan saltzman fernand leger picasso matisse

Christie’s will sell over 70 works from the collection of Arnold and Joan Saltzman during its fall marquee sales in November, with a group estimate exceeding $70 million. The modern art collection includes pieces by Pablo Picasso, Fernand Léger, Edvard Munch, František Kupka, Robert Delaunay, Henri Matisse, and Henry Moore. The top lot is Léger’s 1914 painting *Composition (Nature Morte)*, estimated around $20 million, from his celebrated 'Contraste de formes' series. Other highlights include Henry Moore’s bronze sculpture *Reclining Woman: Elbow* (1981), estimated at $9–12 million, and Henri Matisse’s *Femme au chapeau fleuri* (1923), estimated around $10 million. The collection, built over 60 years, will be featured in Christie’s 20th century evening sale on November 17 and day sales on November 18.

georges lemmen record auction

Belgian Neo-Impressionist Georges Lemmen's painting *Jeune femme faisant du crochet (Julie Lemmen)* (1890) sold for $698,500 at Sotheby's New York on May 14, shattering its $50,000–$70,000 estimate and more than doubling the artist's previous auction record. The Pointillist portrait of the artist's sister, Julie Fréderique Lemmen, had been in a private Florida collection since 1960 and was consigned through Sotheby's online portal. The sale drew over a dozen bidders, including a museum, two dealers, and five private collectors, and was backed by an irrevocable bid.

impressionism auction industry

This year marks the 150th anniversary of Impressionism, which began in 1874 when 31 artists including Paul Cézanne, Claude Monet, and Berthe Morisot staged a groundbreaking exhibition in Paris. To commemorate the sesquicentennial, international institutions are hosting exhibitions such as the Musée d'Orsay's "Paris 1874: Inventing Impressionism," while Artnet and Morgan Stanley have collaborated to analyze auction data from 2014 to 2023, examining the market for works by approximately 120 Impressionist and Post-Impressionist artists. Despite perceptions that Impressionism has lost its luster, the number of lots offered at auction has remained steady, averaging 6,091 annually over the decade.

hannah hoffman bridget donahue gallery merger

New York dealer Bridget Donahue and Los Angeles dealer Hannah Hoffman are merging their eponymous galleries to form a new operation called Hoffman Donahue, with spaces in both cities. The combined gallery represents 43 artists, including Puppies Puppies and Lynn Hershman Leeson, and its roster is more than 70 percent women artists. The merger will be fully integrated by 2026, with its official debut at Art Basel Paris. The dealers previously worked together at Gavin Brown's Enterprise and have collaborated on art fair booths.

galerie gmurzynska to open in fuller building new york

Galerie Gmurzynska is relocating its New York operations to the historic Fuller Building at 595 Madison Avenue later this month. The gallery, which had been at 43 East 78th Street since 2018, will inaugurate its new space on September 16 with an exhibition of works by Joan Miró and Roberto Matta. The Fuller Building, an Art Deco landmark built between 1928 and 1929, was once a major hub for New York galleries, housing such notable dealers as Pierre Matisse, Charles Egan, André Emmerich, and Marlborough-Gerson.

At TEFAF New York, the Masterpiece Market Had Plenty to Celebrate

TEFAF New York returned to the Park Avenue Armory with record attendance on its Collector Preview day, May 14, featuring 90 exhibitors showcasing modern and contemporary masterpieces, antiques, decorative arts, and jewelry. Dealers reported strong sales across price tiers, including an Andy Warhol Mao sold by ML Fine Art within the first hour, a Lucio Fontana *Concetto Spaziale* for $2.3 million at Mennour, and works by Giorgio Morandi, Giosetta Fioroni, and Meret Oppenheim sold by Galleria d’Arte Maggiore g.a.m. A new secondary-market partnership, Pace Di Donna Schrader Galleries, debuted with a booth anchored by a 1956 Rothko, signaling renewed confidence in the market.

Raymond Pettibon, Chris Johanson | You're Not Worth Much (Hand Signed by Raymond Pettib… (2017) | For Sale

This article is a sales listing for a collaborative artwork by Raymond Pettibon and Chris Johanson, titled "You're Not Worth Much" (2017), hand-signed by Pettibon. The listing includes a biography of Pettibon, detailing his career, exhibitions, and gallery representation by David Zwirner, as well as his influences and major museum shows.

Epstein files reveal Leon Black as a key collector of Van Gogh works

Newly released documents from the Jeffrey Epstein case reveal that billionaire investor and former Museum of Modern Art chairman Leon Black was a major private collector of works by Vincent van Gogh. The files detail his ownership of at least five significant Van Gogh pieces, including the painting 'Quarry near Saint-Rémy' and the drawing 'Garden with Flowers,' with a combined value exceeding $95 million by 2016.

Milan’s contemporary art credentials further bolstered by arrival of Paris Internationale

Paris Internationale, the influential non-profit art fair, has announced its inaugural Milan edition featuring a lineup of 34 galleries. Scheduled to coincide with Milan Art Week, Miart, and the Salone del Mobile, the fair includes prominent participants such as Jocelyn Wolff, kaufmann repetto, and Sylvia Kouvali. The move signals a strategic expansion for the French organization into a city increasingly recognized for its intersection of art, design, and high-level production.

Uncertainty in the Art Market is Currently Extreme

"Im Moment ist die Verunsicherung auf dem Kunstmarkt extrem"

Prominent Cologne gallerist Gisela Capitain is celebrating her 40th anniversary amid a period of significant market volatility. In recent interviews, she reflects on her career—defined by long-term artist relationships like that with Martin Kippenberger—while critiquing the current state of the art world. She notes that buyers have become increasingly hesitant and deliberate, describing the current level of uncertainty in the art market as extreme and calling for reforms to institutions like Art Cologne.

Auction record

A new auction record has been set, with a significant artwork selling for a high price at a major auction house. The sale took place recently, drawing attention from collectors and the art market.

A New York si è svolta un’asta di oggetti di design con risultati clamorosi (specchi da 30 milioni e altro ancora)

On April 22, 2026, Sotheby's in New York auctioned the first part of the Jean and Terry de Gunzburg collection, comprising around 125 exceptional design and contemporary art pieces. The sale, held at the Breuer Building, achieved a complete sell-out and became the most valuable design auction ever in the United States, totaling $96 million. A highlight was a new auction record for Claude Lalanne: a set of fifteen mirrors originally commissioned by Yves Saint Laurent sold for over $30 million, surpassing the previous record set by her husband François-Xavier Lalanne's Hippopotame Bar.

taipei dangdai nixes 2026 edition

Taipei Dangdai Art and Ideas, the annual art fair in Taiwan's capital, will not hold its 2026 edition as organizers pause to conduct a strategic evaluation of the fair's model, timing, scale, and format. The decision follows a prolonged contraction in the art market and comes days after the Art Dealers Association of America canceled its long-running Art Show in New York. The fair, which first launched in 2019 and held its sixth edition in May, had seen its exhibitor numbers decline from over 90 to around 50 this year. Co-director Robin Peckham left after the 2025 edition, and the fair's parent organization, the Art Assembly, has removed material about previous editions from its website, with its Instagram account apparently disabled.

Thaddaeus Ropac is betting on Milan—will it pay off?

Austrian dealer Thaddaeus Ropac opened a new gallery in Milan on September 20, capitalizing on Italy's newly reduced 5% VAT on art imports—the lowest in the EU—and an influx of wealthy expats from London following the UK's abolition of non-dom tax status. The gallery occupies the first floor of the historic Palazzo Belgioioso, with Elena Bonanno di Linguaglossa appointed as director. Ropac's move follows his earlier successful expansions into Seoul and Pantin, which proved prescient.

New chapter for Artbo: Colombia’s art market finds resilience amidst flux

The 21st edition of Artbo, Colombia's premier art fair, opened in Bogotá with 46 galleries, down from its peak a decade ago. The fair is framed by the inaugural Bogotá Biennial, which adds international draw, and a leadership change: Jaime A. Martínez, an art historian and former gallerist, takes over from María Paz Gaviria. Early sales include works by Tania Candiani, Marcelo Moscheta, and Ximena Garrido-Lecca, with galleries reporting cautious but engaged Colombian collectors.

birkin bag jane birkin sold sothebys 2 8 million

A black leather Hermès Birkin bag previously owned by actress and style icon Jane Birkin sold at Sotheby’s for $2.9 million on December 5 at the St. Regis Saadiyat Island Resort in Abu Dhabi. The bag, known as Le Birkin Voyageur, features an inscription written by Birkin in 2007 for a charity auction supporting the International Federation for Human Rights, along with a sketch of a reclining female nude. It had been in private hands since that auction and was sold as part of a 4-day luxury goods sale. The bag exceeded its estimate of $240,000-$400,000 but fell short of the record $10 million paid for the original Birkin prototype earlier this year.