A major Jean-Michel Basquiat painting is expected to sell for more than $5 million in May.

A major Jean-Michel Basquiat painting is expected to sell for more than $5 million in May.

A major painting by Jean-Michel Basquiat, titled *Portrait of the Artist as a Young Derelict*, will be auctioned at Christie’s in New York this May. The 1982 work is a prime example of the artist's raw, graffiti-infused style and is expected to fetch over $5 million. This sale is part of Christie’s marquee spring auctions, highlighting continued strong market demand for blue-chip contemporary art.

jean michel basquaits 45 m crowns peso neto to headline sothebys fall auctions in new york

Sotheby's will offer Jean-Michel Basquiat's 1981 painting *Crowns (Peso Neto)* as the headline lot of its contemporary evening sale in New York this fall, carrying a high estimate of $45 million. The work, which has never been auctioned before, debuted at Basquiat's landmark 1982 solo show at Annina Nosei Gallery and later appeared at Documenta 7. It will be exhibited in London during Frieze Week, then in Paris coinciding with Art Basel Paris, before arriving at Sotheby's new Breuer Building headquarters in New York ahead of the November 8 sale.

napoleon sale sothebys paris france famous antiques dealer

On Wednesday in Paris, Sotheby's auctioned a collection of Napoleonic artifacts from the private collection of prominent French antiques dealer Pierre-Jean Chalençon, generating €8.7 million ($9.6 million) against a €6 million estimate. The 112-lot sale included imperial furniture, Old Master paintings, and personal relics such as Napoleon's worn stockings and a copy of his marriage certificate. Highlights included a portrait by Jean-Baptiste Mauzaisse that sold for €863,600 (20 times its estimate) and the only surviving remnant of Napoleon's first will, which fetched €482,600. However, Napoleon's bicorne hat underperformed, selling for €355,600 against a €600,000 low estimate, amid provenance questions raised by French newspaper Le Figaro.

sothebys london contemporary evening summer sale report

Sotheby's London contemporary evening sale on Tuesday brought in nearly £62.5 million ($84 million), within its pre-sale estimate of £55 million to £74 million. The 48-lot sale achieved an 83% sell-through rate, with five works selling for over £5 million each, led by Tamara de Lempicka's 'La Belle Rafaëla' (1927) at £7.4 million and Pablo Picasso's 'Nu assis dans un fauteuil' (1964–65). The auction saw strong bidding for a Basquiat work on paper, 'Untitled (Indian Head)', which sold for £5.4 million, and a standout result for Yu Nishimura's 'through the snow' (2023), which tripled its high estimate at £230,000.

A Chunk of Eiffel Tower’s Spiral Staircase Returns to Auction After 40 Years

A significant 8.5-foot segment of the Eiffel Tower's original 19th-century spiral staircase will be auctioned by Artcurial on May 21. This piece, removed during a 1983 renovation and one of only 24 sections created, has remained in private French hands since its initial sale that same year and is expected to fetch between €40,000 and €50,000.

A historic section of the Eiffel Tower's original staircase is set to go up for auction

Un tronçon historique de l’escalier d’origine de la tour Eiffel s’apprête à s’envoler aux enchères

The auction house Artcurial is set to auction a 2.75-meter-tall section of the original spiral staircase from the Eiffel Tower on May 21. This specific segment, consisting of fourteen riveted steel steps, was part of the structure connecting the second and third floors until it was dismantled in 1983 to make way for modern elevators. Estimated between €120,000 and €150,000, the piece holds significant historical value as it is the inaugural 'Lot No. 1' from the original 1983 dispersal sale.

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.

sothebys napoleons auction bicorne hat

Sotheby's will auction approximately 100 lots from the private collection of French antiques collector Pierre-Jean Chalençon on June 25 in Paris, including Napoleon Bonaparte's iconic bicorne hat (estimated at €800,000), a herald sword and stick from his 1804 coronation, his personal gold and ebony seal, worn stockings, and a portable camp bed. The sale, described as one of the most significant offerings of Napoleonic material ever to come to market, spans imperial furniture, Old Master paintings, and personal relics. Chalençon, who has amassed the collection over four decades, is reportedly selling the items to repay a €10 million loan from Swiss Life Banque Privée, though he has denied being deeply in debt.

A Piece of the Eiffel Tower Is Heading to Auction

A historic section of the original Eiffel Tower staircase is set to be auctioned by Artcurial in Paris on May 21. The nearly nine-foot-tall segment consists of 14 spiral steps that once connected the monument's second and third levels before being dismantled in 1983 to make way for elevators. Estimated to fetch between $140,000 and $175,000, the piece has been held in a private collection for over forty years.

MODERN MADE: Modern, Post-War & Contemporary Art, Design, Craft and Studio Ceramics

Lyon & Turnbull is presenting the 14th edition of its MODERN MADE sale, featuring a curated selection of modern and contemporary art, design, craft, and studio ceramics. Highlights include a private collection of early 2000s contemporary art, Modern British Art from Sickert to the post-war period, and works by European artists such as Klimt, Picasso, and Braque, alongside a rare wartime piece by Jankel Adler. The sale also emphasizes Kinetic and Light Art, design pieces led by an early Ettore Sottsass Carlton bookcase, and concludes with part two of the Y2K! collection featuring works by John Sonsini, Barnaby Furnas, and Elizabeth Peyton.

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).

titanic gold pocket watch sets auction record

A gold pocket watch recovered from the Titanic wreck, owned by Isidor Straus, sold for £1.78 million ($2.33 million) at Henry Aldridge and Son Auctioneers in Devizes, England, setting a new auction record for Titanic memorabilia. The 18-carat Jules Jurgensen watch, engraved and given to Straus on his 43rd birthday in 1888, stopped at 02:20 when submerged. Straus, a Macy's partner and former U.S. Congressman, perished with his wife Ida on the Titanic in 1912. The sale also included other items totaling £3 million, such as a letter by Ida Straus and a Titanic passenger list.

One of the last surviving Union flags from the Battle of Trafalgar to come up for sale at Treasure House Fair

A Union flag from the Battle of Trafalgar, flown on the Royal Sovereign under Admiral Cuthbert Collingwood, is being offered for sale at the Treasure House Fair for £450,000. The flag, newly identified by expert Martyn Downer, is one of only three known Union flags from the battle and is believed to be the most important such relic still in private hands. It was previously sold for a few hundred pounds in 2003 due to confused provenance.