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.

Jack Kerouac’s Fabled ‘On the Road’ Scroll Sells for Record-Smashing $12.1 Million

Jack Kerouac's original 120-foot scroll manuscript for 'On the Road' sold for $12.1 million at Christie's, setting a record for a literary manuscript. The scroll, part of the late Indianapolis Colts owner Jim Irsay's collection, was purchased by country singer-songwriter Zach Bryan, who plans to create a Jack Kerouac Center in Lowell, Massachusetts.

Christie’s Turns Pop Culture Into a Stadium Event With $94.5 M. Jim Irsay Sale

Christie's auction house achieved a record-breaking $94.5 million sale of the Jim Irsay Collection, a trove of pop culture memorabilia. The four-sale series set 28 world records, with every lot selling for a cumulative total nearly four times its low estimate. Top lots included David Gilmour's "Black Strat" guitar ($14.55M), Jack Kerouac's 'On the Road' typescript scroll ($12.1M), and Jerry Garcia's "Tiger" guitar ($11.56M).

A Titanic life jacket sold for a record price

Un gilet de sauvetage du Titanic vendu à un prix record

A life jacket worn by a survivor of the Titanic's 1912 sinking was sold at auction for nearly €800,000, setting a new record price for an artifact from the doomed ocean liner. The sale was conducted by the British auction house Henry Aldridge & Son, which specializes in Titanic memorabilia.

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Christie’s has secured a prestigious collection of 35 to 40 artworks from the estate of the late media mogul S.I. Newhouse, valued at approximately $450 million. Scheduled for the May auction season, the selection is headlined by Jackson Pollock’s drip painting 'Number 7' (1948) and Constantin Brancusi’s bronze sculpture 'Danaïde' (1913), both estimated at around $100 million. The consignment marks the fourth time Christie’s has handled material from the Newhouse estate, which has previously set records for artists like Jeff Koons.

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Christie’s New York is set to headline its May marquee sales with a prestigious consignment from the collection of the late media magnate S.I. Newhouse. The offering features approximately 40 masterworks valued at an estimated $450 million, including Jackson Pollock’s drip painting "Number 7" (1948) and Constantin Brancusi’s bronze sculpture "Danaïde" (1913). Both works carry estimates of approximately $100 million, figures that would shatter the existing auction records for both artists if realized.

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Kenny Schachter explores the existential threat posed by the rapid advancement of Artificial Intelligence and its projected impact on the global economy by 2028. Citing the Citrini Report, he highlights a future of mass unemployment among white-collar professionals—the primary demographic for art consumption—who account for over 50% of discretionary spending in the U.S. As tech leaders like Jack Dorsey begin significant workforce reductions attributed to AI, the financial foundation of the art market appears increasingly precarious.

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Billionaire Ari Emanuel, whose company Endeavor recently acquired the Frieze art fairs, kicked off the VIP opening of Frieze Los Angeles by acquiring three works by 86-year-old Black quiltmaker Yvonne Wells. Emanuel entered the Santa Monica Airport venue ahead of the general VIP crowd, purchasing textile portraits of Michael Jackson, Marilyn Monroe, and Elvis Presley from New York gallery Fort Gansevoort. The transaction, facilitated by Emanuel's long-time advisor Jeffrey Deitch, set a high-energy tone for an opening day that saw brisk sales, including a $3.75 million Ed Ruscha painting at Gagosian.

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The Raab Collection has listed a rare, enigmatic manuscript fragment by George Washington for $10,000, featuring the unique phrase "Fathers of the Senate!" The snippet was likely excised from a larger document in the 19th century by biographer Jared Sparks to satisfy autograph seekers. This sale joins a wave of high-value Americana hitting the market, including Jack Kerouac’s original 'On the Road' scroll at Christie's and a collection of vintage film posters at Propstore.