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trending_up market schedule May 18, 2026 visibility 13 link 29 artists, 4 galleries

The 16 Most Expensive Artworks Ever Sold at Auction

ARTnews published an updated list of the 16 most expensive artworks ever sold at auction, highlighting recent record-breaking sales such as Gustav Klimt's *Portrait of Elisabeth Lederer* (1914–16), which fetched over $236.4 million at Sotheby's, and Jackson Pollock's *Number 7A, 1948*, which sold for well above its $100 million estimate at Christie's in May 2026 from the S. I. Newhouse collection. The article traces the history of top auction prices, including Vincent van Gogh's *Orchard with Cypresses* (1888), which sold for $117 million during the Paul Allen sale at Christie's in November 2022, part of a record $1.5 billion single-evening auction.

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trending_up market schedule May 20, 2026 visibility 2 link 10 artists

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.

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trending_up market schedule May 20, 2026 visibility 3 link 16 artists, 2 galleries

Sotheby’s Hauls In $304 Million at Modern Art Auction, as Market Momentum Continues

Sotheby’s achieved $303.9 million in its modern art auction in New York, led by Henri Matisse’s *La Chaise Lorraine* (circa 1919) at $48.4 million and Pablo Picasso’s *Arlequin (Buste)* at $42.6 million. The sale included an auction record for a painted bottle, René Magritte’s *Femme-bouteille* (1955), which sold for $974,000. The auction featured conservatively priced material from smaller estates, with a 97.6% sell-through rate and a 63% increase over a similar sale last year.

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