Gustav Klimt's final portrait, 'Dame mit Fächer (Lady With a Fan),' sold for £85.3 million ($108.4 million) at Sotheby's London, setting a new record for the most expensive work of art ever auctioned in Europe. The painting, which was still on Klimt's easel when he died in 1918, surpassed its pre-sale estimate of over £65 million after a ten-minute bidding war.
Ed Ruscha's 1968 exhibition catalogue 'Billy', designed for a show of works by his friend Billy Al Bengston, is being offered for sale. The catalogue features a flocked sandpaper cover, satin ribbon bookmark, and machine screw and hex nut binding, and was published by the Los Angeles County Museum of Art for an exhibition that traveled to the Corcoran Gallery of Art and the Vancouver Art Gallery. The work is listed on an art marketplace platform with a price of €62,600, and the listing includes details about its condition, provenance, and the artist's broader career.
Sotheby's will open its new global headquarters in the Marcel Breuer–designed building at 945 Madison Avenue on November 8, 2025, after a renovation by Herzog & de Meuron with local partner PBDW Architects. The Brutalist landmark, originally completed in 1966 for the Whitney Museum of American Art, later housed the Met Breuer and the Frick Collection during its renovation. The project restores Breuer's original open gallery floors, adds state-of-the-art lighting and climate control, and preserves period details like the lobby's domed ceiling lights. The opening will feature a free public exhibition of Modern and Contemporary art ahead of marquee auctions starting November 17, with design sales and Luxury Week following on December 5, and a fine-dining restaurant by Roman and Williams opening later in the winter.
The Italian government has acquired a rare Caravaggio portrait of Maffeo Barberini, the future Pope Urban VIII, for €30 million following a year of negotiations with private owners. The 17th-century masterpiece, which depicts one of the artist's most influential patrons, will join the permanent collection of the Galleria Nazionale d'Arte Antica at Palazzo Barberini in Rome. It represents one of the largest sums ever paid by the Italian state for a single work of art.
The work of artist Yoshitomo Nara, who represents Japanese contemporary art, has been sold at the hi..
Yoshitomo Nara’s 2016 painting "Nothing About It" has set a new record for the highest price ever achieved at a domestic South Korean art auction. Sold by Seoul Auction for 15 billion won (approximately $11 million), the work features the artist's signature wide-eyed child and surpassed its low estimate of 14.7 billion won. The same sale also saw Yayoi Kusama’s 2015 "Pumpkin" fetch 10.45 billion won, marking a historic session where multiple works exceeded the 10 billion won threshold.