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The Met is Finally Treating Lee Krasner as Pollock’s Equal—Will the Market Follow?

The Metropolitan Museum of Art has announced a major upcoming exhibition titled "Krasner and Pollock: Past Continuous," which aims to present Lee Krasner and Jackson Pollock as artistic equals. While the museum's narrative seeks to reframe Krasner as a formidable figure of the New York School on her own terms, the art market continues to reflect a significant valuation gap. Pollock’s auction record stands at over $61 million, while Krasner’s peak public sale remains just under $12 million, highlighting the persistent commercial struggle for female Abstract Expressionists.

robert colescott market

The article examines the posthumous market resurgence of painter Robert Colescott, who died in 2009. After his commercial profile faded, Los Angeles dealer Tim Blum and his gallery Blum & Poe began working with the artist's estate in 2017, staging five solo shows and rescuing a disorganized estate with works stored in shipping containers in Arizona. Major auction prices followed, including a record $15.3 million for 'George Washington Carver Crossing The Delaware' in 2021. In 2024, after Blum & Poe closed, Gladstone Gallery took over representation. A current exhibition at the Tacoma Art Museum, 'The One-Two Punch: 100 Years of Robert Colescott,' runs through March 29.

gladstone gallery robert colescott estate representation

The estate of Robert Colescott, the influential American painter who died in 2009, has signed with Gladstone Gallery for representation. Gladstone will debut Colescott's work at Art Basel Miami Beach next month and mount its first solo exhibition for the artist in 2025. Colescott is best known for satirical, large-scale paintings like "George Washington Carver Crossing the Delaware: Page from an American History Textbook" (1975), which critiques the exclusion and caricaturing of Black figures in American history and art. The estate sought new representation after its longtime gallery, Blum, closed this summer. Gladstone senior partner Max Falkenstein said the gallery had long admired Colescott and that the partnership felt like a natural fit given the gallery's focus on identity and politics.

bob ross second bonhams auction

A trio of Bob Ross paintings sold for over $1 million at Bonhams' “Americana” auction on January 27, 2026, with proceeds benefiting American Public Television (APT). The top lot, *Change of Seasons* (1990), fetched $787,900—more than 13 times its high estimate—followed by *Babbling Brook* (1993) at $279,900 and *Valley View* (1990) at $203,700. The sale follows APT's record-breaking November auction and is part of a series of 24 Ross paintings to be offered throughout the year.

Show me the money: UK gallery and auction house accounts reveal reality of a tough market

Recent financial filings from UK-based art businesses reveal a stark downturn in the art market, highlighted by the sudden liquidation of Stephen Friedman Gallery. The gallery's collapse followed expensive expansion projects in London and New York, compounded by a £1.7m loss in 2023 and a significant debt of £11.4m to creditors. Other major players, including Thaddaeus Ropac, reported substantial revenue drops, with Ropac’s turnover falling from £49.6m to £36.4m as the industry grapples with rising overheads and economic volatility.

public television richer bob ross auction

Three paintings by Bob Ross sold for up to thirteen times their high estimates at a Bonhams Skinner auction, raising $1.3 million for American Public Television. The top lot, 'Change of Seasons' (1990), painted live on his TV show, fetched $787,900, setting a new high for Ross at a traditional auction house.

art basel qatar strategic partner plans fine art storage logistics hub

Qatar is planning to build the Gulf region's largest full-service fine art storage and logistics facility, developed by QC+ (a strategic partner of Art Basel Qatar and Qatar Sports Investments) in collaboration with Gulf Warehousing Company Q.P.S.C. The facility, located near Hamad International Airport in a designated free zone, will offer art preservation, storage, conservation, and viewing rooms, allowing artworks to be stored and traded outside customs territory. The announcement follows Qatar's broader art infrastructure expansion, including a planned museum of international modern and contemporary art and the upcoming Art Basel Qatar fair.

Anxious collectors are increasingly turning to freeport havens, experts say

Rising tariffs, geopolitical instability, and extreme weather events are driving art collectors to move valuable items into secure, tax-friendly freeports, particularly in Switzerland. Experts Alexandre Ducamp of Natural le Coultre and Fritz Dietl of Delaware Freeport report a significant increase in clients over the past three years, citing the war in Ukraine, multiple ongoing conflicts, and President Trump's April 2025 'Liberation Day' tariffs as key factors. Collectors are using freeports in Geneva, Zurich, Basel, and Chiasso, as well as foreign trade zones in Delaware, to delay or avoid import duties on items like design furniture, antiques, and Chinese-origin artworks, with some purchases being cancelled due to new tariffs.