The Most Expensive Jean-Michel Basquiat Works Ever Sold at Auction

ARTnews published a listicle ranking the most expensive Jean-Michel Basquiat works ever sold at auction, updated as of May 15, 2026. The article traces Basquiat's rise from street artist under the moniker SAMO to a major figure in the downtown New York scene, highlighting key relationships with Keith Haring, Diego Cortez, and curator Henry Geldzahler. It notes that Basquiat's entire mature output was created between 1981 and 1984, and that his 1983 painting *Museum Security (Broadway Meltdown)* sold at Sotheby's in May 2026 for $52.7 million, placing it among his top sales. The piece also details earlier top sales, including *Untitled* (1982) for $29.3 million at Christie's in 2013 and *Flesh and Spirit* (1982–83) for $30.7 million at Sotheby's in 2018.

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.

Behind Christie’s $1 B. Blockbuster Result, the Market Still Looks Uneven

Christie’s New York achieved over $1 billion in sales during a two-part evening auction, led by Jackson Pollock’s *Number 7A, 1948* which sold for $181.2 million. The sale, the first billion-dollar night since the Paul G. Allen collection in 2022, also saw records for other works and active bidding from a small group of buyers, including dealer Jeffrey Deitch. However, the blockbuster results mask a more cautious middle market, where works priced between $100,000 and $1 million remain slow to sell.

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.

Frieze New York 2026 Reports Major Sales and Acquisitions

Frieze New York 2026 closed its 15th edition at The Shed on May 17, drawing 25,000 visitors from 75 countries and featuring 68 galleries from 26 countries. The fair reported strong sales across market levels, including seven-figure transactions such as El Anatsui's *LuwVor I* sold by White Cube for $2.2 million and Georg Baselitz's *Stunde der Nachtigall* sold by Thaddaeus Ropac for €1.4 million. The inaugural Sherman Family Foundation Acquisition Fund enabled acquisitions by the Brooklyn Museum and the Baltimore Museum of Art, with works by Bettina, Reika Takebayashi, Seba Calfuqueo, and Joanne Burke. Several galleries, including Johyun Gallery and James Cohan, reported sold-out or near-sell-out booths.

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.

A Rare Blue-Green Diamond Ring Sold for Over $17 M. At Christie’s Geneva

A rare 5.5-carat blue-green diamond ring, named Ocean Dream, sold for over $17 million at Christie’s Magnificent Jewels auction in Zurich on May 13, 2026. The triangular-cut stone, estimated at $9–12 million, is set in an 18-karat white gold band with pink and white diamonds. The buyer was an unnamed private client, and the ring took 20 minutes to sell. It had previously fetched nearly $10 million at Christie’s Geneva in 2014.

Modern Art + Design Draw Active Bidders At Eldred’s

Eldred’s auction house held its Modern Art + Design sale on May 7, featuring 245 lots of art, furniture, decorative arts, rugs and collectibles. The sale achieved a total of $221,740 with an 81% sell-through rate, driven by active phone, online, and absentee bidding. Top lots included a Tiffany Studios Nautilus table lamp that sold for $23,040 (more than three times its estimate), a Handel reverse-painted glass table lamp that reached $10,880 against a $800–$1,200 estimate, and Frank Stella’s “Aiolio” from his “Imaginary Places III” series, which fetched $17,920. An abstract oil on canvas by Manabu Mabe also performed strongly, selling for $14,080.

A Rediscovered Beato Angelico Takes Center Stage at Pandolfini's Old Masters Auctions in Florence

Un Beato Angelico riscoperto protagonista alle aste di arte antica di Pandolfini a Firenze

Pandolfini auction house in Florence will auction a rediscovered fragment of Beato Angelico's *Tebaide* on May 20, 2026, after it had been missing for fifty years. The attribution was confirmed by comparison with the version held at the Museo di San Marco and formerly at the Galleria degli Uffizi. The auction house's Old Masters department, led since 2025 by young director Nicolò Pitto, has achieved strong results, including over €5 million in total revenue for the year, with top lots such as Artemisia Gentileschi's *Cleopatra* (€595,600) and a French School *Saint Catherine of Alexandria* (€620,000).

Phillips’ Evening Sale of Modern & Contemporary Art More than Doubles Auction Total from the Previous Year

Phillips’ Evening Sale of Modern & Contemporary Art achieved a total that more than doubled the previous year's auction result, driven by strong demand for works spanning the 19th to 21st centuries. The sale opened with three lots exceeding their high estimates, including record prices for Lee Bontecou's rare 'Untitled' (1985-2001), which set a new record for any two-dimensional work by the artist after nearly five minutes of bidding. Other records were set for Pat Passlof, P.S. Krøyer, and Joseph Yaeger. Top lots included Andy Warhol's 'Sixteen Jackies' ($16.2 million), Claude Monet's 'La Route de Vétheuil, effet de neige' ($9.9 million), and Jackson Pollock's 'Untitled' ($9.2 million). The sale also featured works from The Collection of Ambassador John L. Loeb, Jr., which achieved a combined $8.4 million, with two Vilhelm Hammershøi works acquired by prominent institutions.

Even More Drawings for Versailles

Encore d'autres dessins pour Versailles

The Palace of Versailles has acquired several drawings during the Paris Drawing Week sales in March 2026, including a rare study by Charles de La Fosse for the royal chapel's dome decoration. The drawing, depicting a reclining nude man for "The Resurrection of Christ," was purchased at the Rossini auction of Paul and Florence Vercier's collection for €3,800. This acquisition adds to Versailles' growing collection of La Fosse works, following earlier purchases of an angel study in 2016 and a ceiling project in 2023.

Tatiana Malinovscaia | 130x100cm-Blue Distance in Quiet Light (2026) | For Sale

Tatiana Malinovscaia's painting "Blue Distance in Quiet Light" (2026) is being offered for sale by Artseeker Gallery. The 100x130 cm acrylic on canvas work features a restrained abstract composition with muted blues, ivories, beiges, and charcoals, built through layered textures and tonal contrasts. Malinovscaia, a self-taught Moldovan artist, explores the interplay between architectural clarity and atmospheric abstraction, with light acting as a central structural element that reveals nuanced variations across the textured surface throughout the day.