A Rembrandt drawing titled 'Young Lion Resting' (ca. 1638–43) sold for $18 million at Sotheby's New York on February 4, setting a new auction record for a work on paper by the artist. The sale price fell within the pre-sale estimate of $15–20 million and far surpassed the previous record of $3.7 million for a Rembrandt drawing.
The Robert Rauschenberg Foundation has sold the artist’s 22-acre Captiva Island estate to South Seas, a neighboring resort developer, for $45 million. The sale includes Rauschenberg’s former home, studio, and several cottages where he lived and worked for decades. The Foundation defended the move by citing the prohibitive costs of protecting the site against rising sea levels and hurricane damage, confirming that the prestigious Rauschenberg Residency program will now come to an end.
Rembrandt van Rijn's drawing *Young Lion Resting* (ca. 1638–42) sold for a record $17.9 million at Sotheby's New York on Wednesday, the highest price ever paid for a drawing by the Dutch master. The work, which toured Paris, Abu Dhabi, Tokyo, and New York before the sale, was offered from the Leiden Collection, the renowned private trove of 17th-century Dutch Golden Age art assembled by Thomas Kaplan and his wife Daphne. All proceeds from the sale will benefit Panthera, the wild cat conservation charity co-founded by Kaplan and Jon Ayers.
Sotheby's hosted a lunch in Paris for billionaire collector Thomas S. Kaplan, who is selling a Rembrandt drawing titled *Young Lion Resting* (ca. 1638–42) from his Leiden Collection. The drawing, with a high estimate of $20 million, will be auctioned in New York in February, with all proceeds donated to Panthera, the wild cat conservation charity Kaplan founded. Kaplan acquired the work in 2005 from the Herring gallery and has kept much of his collection anonymous, but is now stepping forward to support conservation and public access.
A rediscovered oil painting by J.M.W. Turner, titled *The Rising Squall, Hot Wells, from St Vincent’s Rock, Bristol*, sold for £1.9 million ($2.6 million) at Sotheby’s Old Masters and 19th Century Paintings evening auction in London—more than six times its high estimate. The work, painted in 1792 when Turner was 17, had been misattributed and sold for just $506 at a Dreweatts auction the previous year. After cleaning revealed Turner’s signature, scholars confirmed its authenticity, and it was identified as Turner’s first publicly exhibited oil painting, exhibited at the Royal Academy in 1793. The winning bidder was a private collector in the U.K., outbidding Bristol Museum and Art Gallery, which had raised over £100,000 from donors in a failed attempt to acquire the work.
The Lee Miller Archives, established after the American photographer's vast collection was discovered in the attic of her Sussex home following her death in 1977, is raising funds through an exhibition at Lyndsey Ingram gallery in London to conserve up to 60,000 negatives and prints, some nearly 100 years old and in perilous condition. The show, titled "Lee Miller: Performance of a Lifetime" (23 January-25 February), explores the role of theatre and performance in Miller's work from her 1929 arrival in Paris through her WWII photojournalism, with prices starting at £3,800. Proceeds will enable freezing and preservation of the archive stored at Farleys House, where Miller lived with her husband Roland Penrose.
The Infinite Node Foundation, a new nonprofit focused on digital art conservation founded by venture capitalist Meyer 'Micky' Malka and Becky Kleiner, has acquired the full intellectual property rights to CryptoPunks from Yuga Labs. The purchase price is reported to be around $20 million. CryptoPunks, created in 2017 by Matt Hall and John Watkinson, is one of the earliest and most famous NFT collections, credited with sparking the 2021 NFT craze. Yuga Labs, the parent company of Bored Ape Yacht Club, had bought the rights in 2022 for an undisclosed sum. The foundation's advisory board includes Web3 figures such as Yuga Labs co-founder Wylie Aronow and Art Blocks founder Erick Calderon.
The Argentine real-estate developer and collector Eduardo F. Costantini has acquired the entire Daros Latinamerica Collection, adding 1,233 works by 117 artists to his Museo de Arte Latinoamericano de Buenos Aires (Malba). Previously housed in Zurich, the collection includes key pieces by artists such as Ana Mendieta, Hélio Oiticica, Lygia Clark, and Cildo Meireles. The acquisition brings 75 new artists to Malba's holdings, including Doris Salcedo and Jesús Rafael Soto, and strengthens existing ones like Guillermo Kuitca and León Ferrari. Plans for a museum expansion to accommodate the works are already underway.
Billionaire entrepreneur Thomas S. Kaplan and his wife Daphne Recanati Kaplan are selling Rembrandt's drawing *Young Lion Resting* (circa 1638-42) from their Leiden Collection, one of the world's largest private holdings of 17th-century Dutch art. Sotheby's announced on November 3 that the work will be auctioned during its Old Masters sales in New York on February 4, 2026, with a pre-sale estimate of $15 million to $20 million. Proceeds from the sale will benefit Panthera, a wild-cat conservation organization co-founded by Kaplan and philanthropist Jonathan Ayers, marking the 20th anniversary of the organization's founding.
Artnet Auctions is offering three prints from Andy Warhol's 1986 'Vanishing Animals' series in its Post-War and Contemporary Art sale, alongside a graphite study from his earlier 1983 'Endangered Species' portfolio. The 'Vanishing Animals' series features ten silkscreen prints of endangered species such as the California Condor and Sömmering Gazelle, executed in Warhol's signature style. The sale is open for bidding through November 20, 2025, with estimates ranging from $25,000 to $50,000 per work.
Qatar is planning to build the Gulf region's largest full-service fine art storage and logistics facility, developed by QC+ (a strategic partner of Art Basel Qatar and Qatar Sports Investments) in collaboration with Gulf Warehousing Company Q.P.S.C. The facility, located near Hamad International Airport in a designated free zone, will offer art preservation, storage, conservation, and viewing rooms, allowing artworks to be stored and traded outside customs territory. The announcement follows Qatar's broader art infrastructure expansion, including a planned museum of international modern and contemporary art and the upcoming Art Basel Qatar fair.
A market research report projects the Museum Art Handing Market will grow from $11.83 billion in 2026 to $30.44 billion by 2035, at a compound annual growth rate of 12.54%. The sector covers professional services for transferring, installing, and deinstalling artworks in museums, including condition assessments, conservation, transportation, and security. Growth is driven by rising demand across industrial, commercial, and technology-oriented applications, increased investments in cultural infrastructure, and the expansion of international traveling exhibitions.