Christie's nets $1.1bn from back-to-back S.I. Newhouse and 20th century evening sales in New York

Christie's held back-to-back evening auctions in New York, featuring the esteemed S.I. Newhouse collection and a 20th-century evening sale, achieving a combined total of $950 million (or $1.1 billion with fees). The Newhouse sale was a white-glove affair, 100% sold, though entirely backed by third-party guarantees. Highlights included Constantin Brancusi's bronze 'Danaïde' (1913) selling for $107.5 million with fees, a record for the artist, and Pablo Picasso's 'Tête de femme (Fernande)' fetching $48.3 million. Other top lots included works by Piet Mondrian, Joan Miró, Henri Matisse, Francis Bacon, Jasper Johns, Andy Warhol, and Jackson Pollock, with many going to anonymous telephone bidders.

Christie’s Double-Header Totals $1.1 B., With Several Trophy Works Notching New Records

Christie’s held two evening sales on Monday—the S.I. Newhouse collection and a 20th-century art sale—that together generated $1.1 billion across 64 lots. The Newhouse tranche alone made $630.8 million, bringing the cumulative total of the collection to over $1 billion, making it likely the most expensive collection ever sold at auction after Paul Allen’s $1.7 billion blockbuster. Top lots included Jackson Pollock’s *Number 7A, 1948* at $181.2 million (the fourth most expensive painting ever sold at auction), Constantin Brâncuși’s *Danaïde* at $107.6 million, and a Mark Rothko work at $98.4 million.

fog design and art fair 2024

The FOG Design and Art Fair celebrated its 10th anniversary with a buoyant 2024 edition at San Francisco's Fort Mason Center, opening January 18. The fair saw brisk sales, including a Jim Hodges canvas sold for $115,000 at Gladstone Gallery and multiple works by Anicka Yi, Yayoi Kusama, Wolfgang Tillmans, and Ruth Asawa at David Zwirner. Tina Kim Gallery sold works by South Korean artists Kim Tschang-Yeul and Ha Chong-Hyun, as well as two Pacita Abad pieces, with one fetching $200,000 to $250,000. The San Francisco Museum of Modern Art (SFMOMA) acquired several works for its permanent collection via the FOG Forum Fund, including pieces by Maria Pergay, Duyi Han, and Katie Stout.

new york auction measures

New York's spring auction season concluded with a dramatic five-day marathon across Sotheby's, Christie's, and Phillips, generating a combined $2.2 billion. Sotheby's led with $1.17 billion in total sales, fueled by Gustav Klimt's *Portrait of Elisabeth Lederer* (1914–16) from the estate of Leonard A. Lauder, which sold for $234.6 million—a single work accounting for 20% of Sotheby's total. Christie's followed with $962.6 million, and Phillips added $92.1 million. Notable highlights included Frida Kahlo's *El sueño (La cama)* (1940) achieving $54.7 million, a new record for the artist and the highest price for a female artist at auction in raw dollars, and a triceratops fossil named Cera selling for $5.4 million at Phillips.

emily fisher landau sothebys results

Sotheby's held a landmark evening auction on November 8 featuring 31 works from the collection of Emily Fisher Landau, a noted art patron who amassed around 1,200 works over 102 years. The sale achieved $406.4 million, surpassing its pre-sale estimate of $344.5–$430.1 million and becoming the most valuable auction dedicated to a female collector in history. Highlights included Pablo Picasso's *Femme à la montre* (1932), which sold for $139 million—the second-highest price for a Picasso at auction—and record-breaking results for Agnes Martin's *Grey Stone II* ($18.7 million), Mark Tansey's *Triumph Over Mastery II* ($11.8 million), and Jasper Johns's *Flags* (1986) ($41 million). Other notable sales included works by Cy Twombly, Ed Ruscha, and Andy Warhol's portrait of Landau.

The Business of KAWS: What Data and a Museum Show Reveal About His Market

The San Francisco Museum of Modern Art (SFMOMA) is currently hosting a major survey of KAWS, marking the final stop of a three-city tour that highlights the artist's unique blend of commercial savvy and institutional ambition. The exhibition features a range of works from diamond-encrusted sculptures for Kid Cudi to a 'genius' membership drive that sold 1,000 KAWS-branded museum memberships at $300 each. Despite a significant cooling in his auction results—dropping from a 2019 peak of $112.9 million to just $7.72 million last year—the artist continues to draw massive crowds, particularly among younger demographics.

Dealers at TEFAF Maastricht Report Robust Sales, Offering Works Ranging from Two Inches to Room-Size

Dealers at TEFAF Maastricht Report Robust Sales, Offering Works Ranging from Two Inches to Room-Size

Dealers at the TEFAF Maastricht art fair reported strong sales, defying concerns over global unrest and geopolitical tensions that limited some collectors' travel. The fair, featuring 277 dealers from 24 countries, saw a high caliber of international collectors engaging with works ranging from monumental 18th-century sculptures to minuscule, intricately detailed pieces. First-time exhibitors and veterans alike expressed satisfaction, with one rare books dealer calling it his best year in three decades of participation.

Expo Chicago’s local focus pays off as Midwestern collectors, institutions buoy sales

The latest edition of Expo Chicago has reinforced its reputation as a curator-centric fair, with more than half of its booths dedicated to curated or thematic sections. Under the leadership of new director Kate Sierzputowski, the fair integrated institutional voices directly into the floor plan through sections like 'Embodiment,' curated by Louise Bernard of the Obama Presidential Center. This strategic focus on curation and local institutional ties resulted in strong early sales, including works by María Magdalena Campos-Pons, Torkwase Dyson, and Ambreen Butt, with several pieces acquired by American institutions.

top auction lots helen frankenthaler paintings

Artnet News reports on the top five most expensive Helen Frankenthaler paintings sold at auction, all from the 1970s and all sold within the past five years. The list includes "Basin" (1979, $4.53M at Christie's New York in May 2025), "Carousel" (1979, $4.74M at Sotheby's New York in 2020), "Circe" (1974, $4.77M at Sotheby's New York in 2022), and "Dream Decision" (1976, $5.89M at Sotheby's New York in 2021), with the top lot yet to be fully detailed. The article highlights Frankenthaler's soak-stain technique, her influence on Color Field painting, and the role of Gagosian Gallery in elevating her market after her death in 2011.

bing crosby collection sothebys auction

The private collection of Hollywood icons Kathryn and Bing Crosby sold at Sotheby's for $6.7 million on December 18. The white-glove auction, held at Sotheby's new Breuer Building location on Manhattan's Upper East Side, surpassed its pre-sale high estimate of $6.3 million, with two-thirds of the lots exceeding their high estimates. The nearly 200-lot sale featured fine art, furnishings, and collectibles, with the top lot being Alfred James Munnings' painting *On the Moors* (1914), which sold for $1.2 million. Other highlights included works by Charles Marion Russell, Pierre-Auguste Renoir, and Corot, as well as nearly 50 lots of Fabergé items that achieved $2 million in sales.

How a Louise Bourgeois Print Inspired Eden Xu-Martinez’s Intimate Collection

Eden Xu-Martinez, a collector and art administration professional, has built a personal collection centered on the accessibility and intimacy of prints. Her journey into collecting was catalyzed by a lithography course at Columbia University and a profound encounter with a Louise Bourgeois print, which shifted her perspective on the medium from mere reproduction to a deeply personal form of artistic expression.

In Pictures: the best of Venice at Frieze New York

Frieze New York 2025 features a curated selection of works by artists also showing at the Venice Biennale, including Precious Okoyomon, Alma Allen, Dayanita Singh, Alvaro Barrington, and Paulo Nazareth. The fair highlights pieces ranging from Okoyomon's intimate works on paper at Mendes Wood DM to Allen's bronze wall sculpture at Perrotin, priced between $30,000 and $150,000. Other notable stands include Nabil Nahas's fractal-inspired painting at Lawrie Shabibi and P420, Singh's archival photographs at Frith Street Gallery, and Barrington's carnival-themed paintings at Emalin, alongside a sculpture by Sung Tieu.

New £5.5m record for Islamic glass leads London sales

The spring Islamic and Indian art auctions in London, held at Sotheby's and Christie's in late April, achieved strong results despite geopolitical tensions. Sotheby's Arts of the Islamic World & India sales totaled £14.8m, while Christie's Art from the Islamic and Indian Worlds sale and the Mary and Cheney Cowles collection brought in £17.6m. The top lot was a rare 14th-century Mamluk gilded glass bowl from the Toledo Museum of Art, which sold for £5.5m—a new auction record for Islamic glass. Other highlights included a 17th-century Mughal astrolabe that sold for £2m at Sotheby's, setting a record for an Islamic scientific instrument, and strong sales of Iznik ceramics from two old English collections.

Japan's Art Market Growth and Asian Art News

japans art market growth asian art news

Japan’s art market demonstrated remarkable resilience in 2024, growing by 2% to reach $692 million despite a 12% contraction in the global art market. A government-commissioned report by economist Clare McAndrew revealed that the Japanese market is characterized by high-volume, lower-value transactions, with 93% of sales occurring at price points under $10,000 and dealers accounting for the vast majority of trade.

Sotheby’s Buoyant $303.4 Million Modern Art Evening Sale: By the Numbers

Sotheby’s modern art evening sale on Tuesday night generated $303.4 million, with a 97.6% sell-through rate and a hammer total of $256.5 million. The top lot was Henri Matisse’s *La Chaise Lorraine* (circa 1919), which sold for $48.4 million after a prolonged bidding war. The house withdrew three lots before the sale to improve optics, and 85% of the lots were guaranteed, mostly by third parties. Asian collectors were active at seven-figure price points, contrasting with sparse high-end bidding at Christie’s the previous night.

midseaon auctions 2026 analysis jeff koons

Christie’s and Sotheby’s recently concluded their 2026 mid-season contemporary art auctions, signaling a shift toward higher-value inventory in what were traditionally lower-stakes sales. The standout result was the $7.6 million sale of Jeff Koons’s sculpture 'Winter Bears' (1988) at Christie’s, setting a record for the highest-valued work ever sold in a mid-season auction. Meanwhile, Sotheby’s held its first 'Contemporary Curated' sale at its new Breuer building headquarters, achieving $19.4 million led by a $3.8 million Alma Thomas painting.

'Reflection of resilience': Art Dubai's war-postponed edition opens to healthy sales

Art Dubai's 20th anniversary edition opened at Madinat Jumeirah after being postponed from April to May due to the US-Israel war in Iran and regional missile threats. Around 75 exhibitors dropped out, leaving roughly 50 participants, mostly from the region. The fair was reorganized in just eight weeks under executive director Benedetta Ghione and new director Dunja Gottweis, who created a new floor plan in a day and a half. The scaled-back format includes an embedded digital section, and initial sales have been strong, with works by Samira Badran, Mostafa Al Hallaj, Safeya Sharif, Alyazia Al Nahyan, Roudhah Al Mazrouei, and Nabil Anani selling at prices ranging from $3,500 to $360,000.

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.

art basel qatar 2026 sales report art market

Art Basel Qatar concluded its first edition with strong attendance and sales, signaling Doha's emergence as a significant art market hub. The fair attracted over 17,000 visitors, with nearly half of the private collectors coming from the MENASA region, and saw institutional placements and steady sales across various price points. Notable sales included works by Lucy Bull, Issy Wood, Nari Ward, and Ahmed Mater.

christies edlis neeson sale 124 million

Christie's 21st-century evening sale in New York on Wednesday night achieved $123.6 million, just below its $126 million high estimate and 16% above last year's sale. The sale featured 19 lots from the collection of the late Stefan Edlis and his widow Gael Neeson, which brought in $49.2 million against a $30 million estimate. The top lot was Christopher Wool's "Untitled (RIOT)" (1990), selling for $19.8 million. New auction records were set for Firelei Báez ($1.1 million) and Olga de Amaral ($3.1 million). Only one of 45 lots failed to sell—a Cecily Brown painting estimated at $4–6 million. The sale was characterized by careful use of third-party guarantees and lowered reserves, with art advisor Aileen Agopian noting bidding was "deep and robust" despite a flat atmosphere.

november marquee auction sales midpoint analysis

Christie's and Sotheby's November marquee auctions in New York generated a combined $1.4 billion, with Sotheby's achieving a record $706 million from a double-header sale. The highlight was Gustav Klimt's "Portrait of Elisabeth Lederer" (1914–16), sold for $236.4 million from the collection of late cosmetics heir Leonard Lauder, becoming the most expensive modern artwork ever sold at auction. Christie's Monday sale brought in $690 million, falling short of its $731.5 million high estimate but still marking a 42% increase over its equivalent sale last November.

david hockneys ipad drawings sell for 8 3 m at sothebys london doubling sales high estimate

A group of 17 iPad drawings by David Hockney, titled 'The Arrival of Spring,' sold for a combined £6.2 million ($8.3 million) at Sotheby’s London on Friday, more than doubling their high estimate. Fifteen of the 17 works achieved record prices for the subject, with the top lot, 'The Arrival of Spring in Woldgate, East Yorkshire in 2011 – 19 February (2011),' selling for £762,000 ($1 million), breaking the artist's print record three times. The sale was a white-glove result, with 40 percent of the drawings going to American collectors and 65 percent bought online.

work of the week pablo picasso tete dhomme a la pipe

Loïc Gouzer, founder of the auction app Fair Warning, partnered with Christie's to sell Pablo Picasso's drawing *Tête d'homme à la pipe* (1971) in a hybrid in-person and digital auction on May 15. The work, estimated at $6–8 million, hammered for $6.6 million ($7.79 million with fees) to a phone bidder at Coco's at Colette in New York's GM Building, with Jussi Pylkkänen officiating. Notable attendees included collectors Alberto Mugrabi and David Mugrabi, and dealer Joseph Nahmad. The drawing, executed two years before Picasso's death, depicts a musketeer inspired by *The Three Musketeers* and had never been auctioned before.

auudi dorsey expo chicago

Expo Chicago opened on Thursday at Navy Pier Festival Hall, featuring 20 exhibitors from South Korea in partnership with the Galleries Association of Korea. The fair, acquired by Frieze in 2023 alongside the Armory Show, balances regional character with an increasingly international feel. In the 'Exposure' section spotlighting emerging artists, New York-based Palo Gallery devoted its booth to New Orleans artist Auudi Dorsey (b. 1992). By opening day, Dorsey's painting *Rumble* (2025), depicting a Black boxer, sold for $14,000. The work belongs to his 'Gunslinger' series, named after the Louisiana State Penitentiary's boxing team and inspired by boxer Clifford Etienne. Dorsey's booth, designed with wood-like wallpaper to evoke boxing gyms, drew praise. His recent group show at the San Francisco Museum of Modern Art, 'In The Game: Sports, Art, Culture,' and a forthcoming solo exhibition at Palo Gallery, 'Southern Whips' (opening May 15), underscore his rising profile.

warhol muhammad ali 18 million art basel miami beach sale

Lévy Gorvy Dayan sold Andy Warhol's 'Muhammad Ali' (1977) for $18 million during the VIP preview of Art Basel Miami Beach. The painting, autographed by Ali and formerly owned by Richard L. Weisman, was displayed just a few hundred feet from the Miami Beach Convention Center, where Ali defeated Sonny Liston in 1964. The consignment was kept secret until ten days before the fair, and the work drew crowds of buyers and admirers, including Ali's sons and figures connected to Warhol's 'Athletes' series.

Phillips’ $115.2 Million Evening Sale Was a Testament to the Power of Pre-Planning and Priority Bidding

Phillips’ Modern & Contemporary Art Evening Sale on May 19 achieved a white-glove result, totaling $115.2 million across 41 lots—a 122 percent increase from May 2025. The sale saw strong performances from works by Lee Bontecou, Salman Toor, and Cecily Brown, with Bontecou’s 1985 pastel on canvas setting a record for a two-dimensional work by the artist at $4.2 million. Other top lots included Andy Warhol’s *Sixteen Jackies* (1964) at $16.2 million, a Monet landscape at $9.3 million, and a Joan Mitchell at $6.9 million. Notably, less than half of the lots were guaranteed, with Phillips’ Priority Bidding incentive—offering a 4 percent discount on buyer’s premium—contributing to the strong results, as more than half of the lots attracted such bids.

New York Art Week 2026 Frieze And TEFAF Report

New York Art Week 2026 featured major art fairs including Frieze New York at The Shed, which drew 25,000 visitors from 75 countries and launched the Sherman Family Foundation Acquisition Fund, placing works by four artists into the Brooklyn Museum and Baltimore Museum of Art. TEFAF New York at the Park Avenue Armory presented over 90 international galleries across historic period rooms, while satellite fairs Independent, NADA New York, and 1-54 Contemporary African Art Fair offered focused alternatives. Auction houses Sotheby's, Christie's, and Phillips opened free spring sale previews featuring highlights such as Roy Lichtenstein's 'Anxious Girl' and the Lewis Collection.

Sotheby’s $433 Million Contemporary Evening and Mnuchin Sales Kicked Off New York’s May Marquee Auctions

Sotheby's held two major evening sales in New York—the Mnuchin collection sale and The Now & Contemporary Evening Auction—generating a combined $433.1 million. The Mnuchin sale achieved a white-glove result of $166.3 million, led by Mark Rothko's *Brown and Blacks in Reds* (1957) which sold for $85.8 million, while the contemporary auction reached $266.8 million, with Jean-Michel Basquiat's *Museum Security (Broadway Meltdown)* as the top lot. The results fell within presale estimates but marked a 133% increase over last May's contemporary sales.

Phillips' Priority Bidding drives 100% sell-through at Hong Kong evening sale, totalling US$20.5m

Phillips achieved a 100% sell-through rate at its Modern and Contemporary Art Evening Sale in Hong Kong on 27 September, totaling nearly HK$160 million (US$20.5 million). All 20 lots sold, with six works exceeding HK$10 million. The top lot was Yoshitomo Nara's *Pinky* (2000), which sold for HK$56.64 million (US$7.2 million) after its estimate was lowered from HK$60–80 million to HK$35–55 million. The sale was the first major test of Phillips' new Priority Bidding (PB) system, which offers a reduced buyer's premium to collectors who place written bids at or above the low estimate at least 48 hours before the auction. Seven lots were withdrawn and several estimates revised downward ahead of the sale, contributing to the white-glove result.

Heffel’s spring sales, featuring rediscovered royal portrait and E.J. Hughes seascape, tally $16.2m

Heffel's spring auction in Toronto on 21 May achieved a total of C$22.4m ($16.2m), led by E.J. Hughes's seascape *Coastal Boats Near Sidney, BC (1948)*, which sold for C$5.7m ($4.1m)—more than tripling its high estimate and setting a new auction record for the artist. The painting was consigned by Emily Carr University of Art and Design, with proceeds benefiting student awards. Other highlights included works by Mary Pratt, Jean Paul Riopelle, Alex Colville, Takao Tanabe, Tom Thomson, Arthur Lismer, and A.J. Casson, with four lots crossing the million-dollar mark and a 93.75% sell-through rate.