Christie’s $1.1 Billion Night Signals a Stunning Rebound for the Art Market

Christie’s achieved $1.1 billion in sales during a single evening auction on Monday, marking a dramatic rebound from the previous year when the three major New York auction houses combined sold that amount over the entire May season. The sale featured trophy works from the collections of S.I. Newhouse and Agnes Gund, with Jackson Pollock’s *Number 7A (1948)* selling for $181.2 million and Mark Rothko’s *No. 15 (Two Greens and Red Stripe)* fetching $98.4 million. Despite the strong overall results, seven of the 16 works in the Newhouse sale hammered below their low estimates, and Constantin Brancusi’s *Danaïde* failed to reach its $100 million estimate, indicating price resistance even for top-tier art.

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.

The 20 Most Expensive Artworks Hitting the Auction Block This Season

The May 2026 New York auctions at Christie’s, Sotheby’s, and Phillips will feature 20 high-value lots priced at $30 million or more, including works by Andy Warhol, Jasper Johns, Pablo Picasso, Piet Mondrian, Jackson Pollock, Willem de Kooning, Cy Twombly, Gerhard Richter, and others. The sales are staggered around the Venice Biennale and Frieze New York, with Sotheby’s holding its contemporary evening auction on May 14 and Christie’s its 20th-century sale on May 18. Notable consignments come from the estates of S.I. Newhouse, former MoMA board president Agnes Gund, and dealer Marian Goodman.

Picasso Painting That Cost S. I. Newhouse a MoMA Board Position Heads to Christie’s for $55 M.

Christie’s New York will auction 16 masterpieces from the collection of late Condé Nast magnate S. I. Newhouse on May 18, with an estimated total of $450 million. The highlight is Pablo Picasso’s Cubist painting *Homme à la guitare* (1913), estimated at $35–55 million, which Newhouse acquired in 2000 for $10 million after MoMA sold it from its collection. Newhouse, then a MoMA board member, violated museum policy by buying the work and subsequently resigned from the board.

Robert Mnuchin's $85.7m Rothko leads Sotheby's $407.5m auction in New York

Sotheby's evening auction in New York on May 13, 2025, realized $407.5 million ($433.1m with fees), led by Mark Rothko's "Brown and Blacks in Reds" (1957) from the collection of the late dealer Robert Mnuchin, which sold for $74m ($85.7m with fees). The sale opened with all eleven lots from Mnuchin's collection achieving a 'white glove' result, totaling $140.7m ($166.3m with fees), and continued with a mixed-vendor contemporary section that added $223m ($266.8m with fees), setting four new artist records.

Ceramics Are Everywhere, in Museums, Galleries, and Fairs—Has the Market Caught Up?

Ceramics are experiencing a surge in visibility across museums, galleries, and art fairs in major US cities. The article catalogs numerous recent and upcoming exhibitions, including Kathy Butterly's sold-out show at James Cohan with pieces at $45,000 each, Nicole Cherubini's nearly sold-out show at Friedman Benda with prices up to $65,000, and Ruby Neri's work at Salon 94 peaking at $75,000. Other highlights include Ron Nagle at Matthew Marks, Theaster Gates' Gagosian show celebrating David Drake, NADA Ceramics in Tribeca, and ceramic presentations at Frieze Los Angeles, Post-Fair, Expo Chicago, and David Zwirner. Institutional shows include Toshiko Takaezu at Princeton University Art Museum and a ceramic collection at RISD Museum.

17 New Artist Auction Records Set in May 2026

New York's spring auction week, starting May 18, 2026, saw record-breaking sales led by Christie's, which realized over $1.1 billion across two opening night sales. Major estate consignments from Condé Nast owner S.I. Newhouse, MoMA trustee Agnes Gund, dealer Marian Goodman, and financier Robert Mnuchin fueled the market, resulting in 17 new artist auction records.

TEFAF New York 2026: Contemporary Gains Ground

TEFAF New York 2026 is set to feature a stronger contemporary art presence, signaling a shift in the fair's traditional focus on Old Masters and antiques. The event will expand its contemporary offerings, attracting a broader range of galleries and collectors.

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.

The Night of Records at Christie’s in New York. Here’s How the Mega Art Auction of More Than a Billion Dollars Went

La notte dei record di Christie’s a New York. Ecco com’è andata la mega asta d’arte da più di un miliardo di dollari

On May 18, 2026, Christie’s in New York held a landmark evening auction that surpassed $1.1 billion in total sales, driven by two sessions: Masterpieces: The Private Collection of S.I. Newhouse and a sale of 20th-century art. The Newhouse collection alone brought in $631 million, making it the second most valuable collection ever sold at auction, behind Paul Allen’s $1.7 billion sale in 2022. Record prices were set for Jackson Pollock’s Number 7A, 1948, which sold for $181.2 million, and Constantin Brancusi’s Danaïde (1913), which fetched $107.6 million, a record for a sculpture at auction. Other artists achieving strong results included Mark Rothko, Joan Miró, and Alice Neel.

Rothko from Robert Mnuchin collection fetches US$85.8m, becoming artist’s second-priciest work at auction

A red-and-black Mark Rothko painting, *Brown and Blacks in Reds* (1957), sold for US$85.8 million at Sotheby’s New York on May 14, becoming the artist’s second-most expensive work at auction. The canvas came from the collection of Robert Mnuchin, a former Goldman Sachs partner turned gallerist, and was the star lot of a dedicated 11-lot evening sale that totaled US$166.3 million. The winning bid was placed by Sotheby’s chairman Helena Newman on behalf of a telephone client, with the hammer falling at US$74 million against an estimate of US$70–100 million. The painting was originally owned by Joseph E. Seagram & Sons and hung in the lobby of the Seagram Building, a landmark of corporate modernism designed by Ludwig Mies van der Rohe and Philip Johnson.

The Top Collections Leading the May Marquee Auctions

The article reports that the May 2025 marquee auctions at Christie's and Sotheby's are being driven by a resurgence of major single-owner collections, reversing a period of trophy scarcity in the secondary market. Key collections include the $130 million Robert E. Mnuchin collection at Sotheby's, the personal collection of gallerist Marian Goodman at Christie's, and the S.I. Newhouse collection expected to generate around $450 million, featuring Jackson Pollock's 'Number 7A (1948)' and Constantin Brancusi's 'Danaïde (1913)'. The article notes that the ultra-high tier above $10 million rose 30% year-on-year, and single-owner collections in New York auctions totaled $730.9 million, an 89.9% increase from Q1 2025.

Christie’s S. I. Newhouse Sale Totals $630.8 M., Bringing Cumulative Total to $1 B.

Christie’s evening auction of 16 works from media magnate S.I. Newhouse’s collection totaled $630.8 million with fees, setting multiple records. The top lot was Jackson Pollock’s *Number 7A, 1948*, which sold for $181.2 million after a 10-minute bidding war, more than doubling Pollock’s previous auction record. Other highlights included Constantin Brâncuși’s *Danaïde* (ca. 1913), which set a new record for the artist at an undisclosed price above $82 million, and strong results for works by Joan Miró, Jasper Johns, and Pablo Picasso.

Joan Miró | Quelques Fleurs Pour Des Amis: Milani (#25) (1964) | For Sale

A lithograph by Joan Miró from his "Quelques Fleurs pour des Amis" series, titled *Milani (#25)* (1964), is being offered for sale through Palm Beach Modern Auctions. The work is a limited-edition print on paper, signed in plate, from an edition of 150, printed by Mourlot, Paris, and published by Societe Internationale d'Art XXe Siecle, Paris. The listing includes details on condition, buyer's premium, and bidding terms.

Joan Miró | Silence (1967) | For Sale

Joan Miró's 1967 lithograph 'Silence' is being offered for sale by Epicentrum Art Gallery for €6,000. The work is a limited edition print on Arches paper, hand-signed by the artist, and comes with a certificate of authenticity. Miró, a leading Surrealist and pioneer of automatism, created the piece during a prolific period of his career, and it is part of an edition of 100.

Joan Miró | Exhibition at Pasadena Art Museum (1969) | For Sale

A limited-edition lithograph by Joan Miró, created for his 1969 exhibition at the Pasadena Art Museum, is being offered for sale through Heritage Auctions. The print, edition 82/100, is in colors on Arches paper and measures 29.5 by 22.13 inches. Currently carrying a bid of $1,500, it is estimated at $3,000–$5,000 and is part of the auction house's Prints & Multiples Showcase, with bidding closing on May 20.

Joan Miró | Miró Sculptor (1974) | For Sale

A lithograph by Joan Miró titled "Miró Sculptor" (1974) is being offered for sale by Bernardini Art Gallery & Auction House in San Pedro Garza García, Mexico. The work, sized 20 × 40 cm, is priced at $2,200 and comes framed with a certificate of authenticity. The listing includes a brief biography of Miró, noting his association with Surrealism, his pioneering role in automatism, and his major career milestones including the Grand Prize for Graphic Work at the 1954 Venice Biennale and exhibitions at the first Documenta in 1955.

Joan Miró | Osaka 1970 (1970) | For Sale

A lithograph by Joan Miró titled "Osaka 1970" (1970) is being offered for sale by Bernardini Art Gallery & Auction House, priced between $7,800 and $8,400. The work is a signed-in-plate print from an unknown edition, measuring 29.9 × 22.4 inches, and comes framed with a certificate of authenticity. The listing appears on Artsy, with shipping available from Querétaro, Mexico.

Jackson Pollock painting sells for record $181m at Christie’s in New York

Jackson Pollock's painting *Number 7A, 1948* sold for a record $181.2 million at Christie’s in New York, becoming the fourth most expensive work ever sold at auction. The sale also saw record prices for works by Constantin Brâncuși, Mark Rothko, and Joan Miró, with Brâncuși's bronze head *Danaïde* fetching $107.6 million and Rothko's *No 15 (Two Greens and Red Stripe)* selling for $98.4 million.

Bidding battle for Matisse leads Sotheby’s $303.3m Modern art evening sale in New York

Sotheby’s Modern evening auction on 19 May in New York achieved $303.3m with fees, falling within its pre-sale estimate of $244m to $322.8m. The standout lot was Henri Matisse’s 1919 painting *La Chaise lorraine*, which sold for $48.4m after a ten-minute bidding battle, becoming the second most valuable Matisse painting at auction. Other highlights included Alberto Giacometti’s *La Clairière (Composition avec neuf figures)* at $23.1m, Pablo Picasso’s *Arlequin (Buste, 1909)* at $42.6m, and a Mark Rothko untitled work on paper at $9.27m. The sale also saw strong demand for works by female Surrealists Leonor Fini and Leonora Carrington, while a Rodin sculpture was passed and a Gottlieb painting was withdrawn.

Nicole Kidman's Billion-Dollar Breakfast at Christie's

Christie's held a record-setting evening sale on May 18, 2025, that generated over $1 billion, featuring a promotional video starring Nicole Kidman. Jackson Pollock's drip painting "Number 7A, 1948" sold for $181.2 million, nearly tripling the artist's previous auction record, while Constantin Brancusi's bronze bust "Danaïde" (c. 1913) fetched $107.6 million, becoming the second most expensive sculpture ever sold. The works came from the collection of late magazine magnate S.I. Newhouse, and a Rothko from Agnes Gund's collection also set a new artist record at $98.4 million.

Christie’s New York surpasses $1 billion

Christie’s New York kicked off its 20th and 21st Century Art sales week on 18 May 2026 with a record-shattering evening, generating over $1.12 billion across two sales: Masterpieces: The Private Collection of S.I. Newhouse and the 20th Century Evening Sale. The top lot was Jackson Pollock’s *Number 7A, 1948*, which sold for $181.2 million, setting a new auction record for the artist. Other artist records were set for Constantin Brancusi, Joan Miró, Alice Neel, and Mark Rothko. The S.I. Newhouse collection alone achieved $631 million, selling 100% of lots, and its cumulative total across four Christie’s sales reached $1.05 billion, making it the second-highest collection ever sold at auction after Paul Allen’s.

Jackson Pollock breaks auction record with $181 million painting.

Jackson Pollock's painting *Number 7A* (1948) sold for $181.2 million at Christie’s in New York, shattering the previous auction record for the Abstract Expressionist artist by nearly three times. The evening sales also set new auction records for Mark Rothko and Constantin Brâncuși, and realized over $1 billion in a single evening, only the second time in auction history that threshold has been crossed.