Sotheby's London will auction four major works from the Lewis Collection in its March 4 Modern and Contemporary evening sale. The highlights include a 1972 self-portrait by Francis Bacon, two portraits by Lucian Freud, and a rare swimming pool scene by Leon Kossoff, all representing the School of London movement.
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.
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.
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.
Billionaire Joe Lewis, the former owner of Tottenham Hotspur, is set to auction four significant works from the School of London at Sotheby’s London on March 4. The selection is headlined by a 1972 Francis Bacon self-portrait estimated at £8 million, alongside major paintings by Lucian Freud and Leon Kossoff. This marks the first time Lewis has publicly sold works from his renowned collection, which is estimated to be worth approximately $1 billion and is famously housed in part on his superyacht.
British billionaire Joe Lewis will sell a tranche of his art collection in a standalone sale at Sotheby’s in London this June, estimated at £150m–£200m. This makes it the most valuable single-owner collection ever offered in the UK, surpassing the Pauline Karpidas collection which totalled £101m. Highlights include Gustav Klimt’s *Bildnis Gertrud Loew* (est £20m–£30m), Amedeo Modigliani’s *Homme à la pipe* (est £12m–£18m), and Francis Bacon’s *Two Studies for Self-Portrait* (est £8m–£12m). The sale follows a smaller March auction of four works from the Lewis collection that focused on School of London artists.
Sotheby’s London achieved a rare "white-glove" result during its spring modern and contemporary evening sale, with every lot finding a buyer. The auction totaled £131 million ($175 million), representing a 110 percent increase over the previous year's equivalent sale. High-profile successes included a record-breaking £5.2 million sale for Leon Kossoff’s "Children’s Swimming Pool" and strong performances for works by Andy Warhol and Josef Albers, largely driven by prestigious consignments like the Lewis Collection.
Christie’s has announced its first-ever auction dedicated to the intersection of anime, manga, and traditional Japanese art. Titled "Anime Starts Here: Japanese Subculture Imagines Tradition," the online sale will debut during Asia Week New York in March, featuring a curated selection that ranges from 19th-century Katsushika Hokusai woodblock prints to original production drawings from iconic series like Sailor Moon and Doraemon. Key highlights include a rare 1953 drawing by the "God of Manga" Tezuka Osamu and a print of Hokusai’s legendary "The Great Wave."
Sotheby’s London kicked off its Spring 2026 marquee season with a series of high-energy auctions, totaling £154 million across its Modern & Contemporary sales. The week was highlighted by a "white-glove" evening auction that achieved a 100% sell-through rate, led by Francis Bacon’s 1972 Self-Portrait which sold for £16 million. Significant records were set for British masters, most notably Leon Kossoff, whose painting "Children’s Swimming Pool" shattered estimates to reach £5.2 million.