Rare ‘Ocean Dream’ Diamond Sells for Record $17.3 Million at Christie’s

A rare 5.5-carat blue-green diamond known as the 'Ocean Dream' sold for $17.3 million at Christie’s Geneva jewelry sale, setting a record for a fancy vivid blue-green diamond at auction. The sale far exceeded its presale estimate of $9 million to $13 million after a 20-minute bidding battle. In other auction news, Sotheby’s New York sold over $433 million worth of art in its contemporary art sales, including 11 pieces from the Robert Mnuchin collection. Meanwhile, London’s Wellcome Collection agreed to return around 2,000 sacred Jain manuscripts to the Jain religious community under a new restitution framework, acknowledging they were acquired unethically. Several art fairs were announced, including Zero 10 curated by Trevor Paglen at Art Basel in Switzerland, CAN Art Fair Ibiza’s fifth edition, and Art-o-rama’s 20th edition in Marseille. Notable gallery news includes the bankruptcy and closure of French gallery Air de Paris after 36 years, and Carine Karam becoming director of Opera Gallery’s New York outpost. Hong Kong’s M+ and Paris’s Centre Pompidou announced a multi-year strategic alliance, and New York’s Frick Collection entered a three-year partnership with Louis Vuitton.

7 New Art Books to Step Into Spring

Artnet News has curated a selection of seven significant new art book releases for the spring season, highlighting diverse subjects from historical archives to contemporary memoirs. Featured titles include a deep dive into Frida Kahlo’s private sanctuary, 'Casa Roja,' authored by her descendants; a curatorial history of Hong Kong’s avant-garde art scene by Oscar Ho Hing-kay; and a vibrant exploration of color in contemporary art featuring works by Yayoi Kusama and Tomás Saraceno.

100 Masterpieces to See at the Art Institute of Chicago

The Art Institute of Chicago has released a curated guide to 100 essential masterpieces within its massive one-million-square-foot campus. The selection spans global art history, ranging from ancient Egyptian mummies and Greek statues to iconic American sculptures like Edward Kemeys’s bronze lions and Narcissa Niblack Thorne’s intricate miniature rooms. The list is designed to help visitors navigate the museum's vast collection by grouping works by their physical location within the galleries.

National Gallery of Canada receives donation of 24 works from collector Bob Rennie

The National Gallery of Canada in Ottawa has received a donation of 24 contemporary artworks from Vancouver-based collector and real estate tycoon Bob Rennie and his family. The gift includes works by American artists Kerry James Marshall and Christopher Williams, and Canadian artists Brian Jungen and Jin-me Yoon, bringing the total number of works donated by the Rennie family to the NGC since 2012 to 284.

orchid dinner waterkeeper alliance

The New York art scene was bustling with events this week. The New York Botanical Garden held its annual Orchid Dinner at the Plaza Hotel, featuring elaborate floral designs and guests like Martha Stewart and Sigourney Weaver. Meanwhile, Sotheby's hosted the Art for Water benefit auction for the Waterkeeper Alliance, with works by Jeff Koons and Ed Ruscha, and the New Museum celebrated the opening of a major Raymond Pettibon exhibition.

the asia pivot state of play 2026 02 12

A flurry of art fair activity across Asia marked the early weeks of 2026. Art Basel's inaugural Qatar edition broke format with single-artist presentations, focusing on MENASA artists and discreet institutional buying. The India Art Fair in New Delhi reported strong sales for local and international galleries, while new fairs launched in Jakarta, Manila, and Hong Kong. Tokyo Gendai announced its return, and Art Basel's digital platform Zero 10 expanded to Hong Kong.

paint drippings art industry news feb 2 spanish dealers

A series of significant developments occurred across the global art industry this week. Expo Chicago announced a scaled-back edition under new director Kate Sierzputowski, while the Outsider Art Fair revealed its exhibitor list. A long-lost Renaissance portrait by Sofonisba Anguissola resurfaced at the Winter Show. Christie's will sell the collection of the late MoMA trustee Barbara Jakobson, featuring works by Jeff Koons and others. Bonhams made a key hire, and Sotheby's priced a major art-backed securitization. In gallery news, Alissa Friedman returned to Salon 94, Mary Cork joined Lehmann Maupin London, and several artists gained new representation, while New York's Francis Irv gallery announced its closure.

paint drippings art industry news jan 26

This week's art industry roundup covers major developments across auctions, galleries, and institutions. Christie's will auction René Magritte's 'Les grâces naturelles' (ca. 1961) as the star lot of its Art of the Surreal evening sale in London on March 5, with an estimate of £6.5–9.5 million. Zona Maco in Mexico City has announced 241 exhibitors for its 22nd edition, including a new section called Forma. The London Art Fair reported strong sales for British women abstract painters, while Vienna's Spark Art fair canceled its 2025 edition for a strategic pause until 2027. In gallery news, Amy Sherald signed with Creative Artists Agency, and several other artist-gallery representation changes were announced. The U.K. government pledged £1.5 billion to support cultural organizations from 2025 to 2030, and Tarek Atoui was named the next Turbine Hall commission artist at Tate Modern.

5 rising artists defined 2025

Artnet News published a roundup of five rising artist profiles that defined 2025, highlighting interviews with Alexandra Metcalf and Chase Hall. Metcalf, a British-American artist, blends 1960s psychedelia, 2000s pop music, and Victorian literature in her multimedia works, and debuted at Art Basel with London's Ginny on Frederick. Chase Hall, a painter who uses hot coffee on cotton, explores race and fatherhood, with a solo exhibition "Momma's Baby, Daddy's Maybe" at Galerie Eva Presenhuber in Vienna.

the asia pivot recap 2025

Artnet News's 'The Asia Pivot' reflects on its 2025 coverage, highlighting the expansion of Asia's art scene beyond traditional East Asian markets into emerging regions such as the Gulf, South Asia, and Central Asia. Key developments include the debut of the Bukhara Biennial in Uzbekistan, the opening of the Almaty Museum of Arts in Kazakhstan, and the flourishing art scene in Thailand with new private museums like Dib Bangkok. The report also covers major markets like China, Japan, and South Korea, noting the impact of geopolitical dynamics and market shifts.

lomex las vegas marvin a i influencer

Artnet News's Wet Paint column reports that Lomex gallery founder Alexander Shulan and art advisor Ralph DeLuca are partnering to open a new gallery, Lomex Las Vegas, in an old atomic ranch home three miles from the Strip. The space, located in a historic neighborhood where parts of Martin Scorsese's 'Casino' were filmed, will feature seasonal exhibitions, performances, and events curated by Shulan, with a new roster of artists distinct from Lomex's existing lineup. Separately, the column introduces Marvin, an AI-generated Instagram influencer who mimics a techno-optimistic art speculator and leaves ChatGPT-style comments on art world accounts.

art worlds lifestyle competition art detective

The article examines the seductive and often corrupting influence of extreme wealth in the art world, detailing how high-end dealers, advisors, and collectors indulge in lavish lifestyles involving private jets, couture, and exclusive parties. It highlights recent scandals, including the imprisonment of art dealer Inigo Philbrick and advisor Lisa Schiff for defrauding clients, and a new legal battle between prominent art advisors Barbara Guggenheim and Abigail Asher, who accuse each other of misappropriating millions to fund luxury expenses.

sam gilliam foundation sued over disputed drape painting and more art industry news

The Sam Gilliam Foundation has been sued over a disputed Drape painting, while the Art Dealers Association of America announced it will not hold its annual New York fair, The Art Show, in 2025, citing a strategic pause. Christie's reported $2.1 billion in auction sales for the first half of 2025, matching last year's figure but down 22% from 2023, and a juvenile Ceratosaurus fossil sold for $30.5 million at Sotheby's. Galleries are seeing movement: Nicole Wittenberg joins Acquavella Galleries, Harper Levine plans a Bangkok space, and Felix Rödder will open Rodder on Manhattan's Upper East Side. Yale University Art Gallery withdrew federal grant applications over anti-DEI language, and the Smithsonian American Art Museum named Mary Savig curator-in-charge of the Renwick Gallery.

week in art holiday party edition

This article from Artnet News recaps a series of holiday parties and galas in the New York art world during December 2016. Highlights include the New York Botanical Garden's 18th Annual Winter Wonderland Ball, attended by Anne Hathaway, Tinsley Mortimer, and Andrew Warren; artnet's own holiday party featuring the Bumbys and a magician; ACRIA's 21st Annual Holiday Dinner honoring the Robert Mapplethorpe Foundation and actress Judith Light; and Project for Empty Space's Winter Bacchanal Benefit, which presented the first Badass Art Woman Awards to curators Rujeko Hockley, Rocio Aranda-Alvarado, and Deana Haggag.

paint drippings art industry news jun 2

This week's art industry roundup covers major personnel shifts, fair announcements, and institutional news. Phillips named Robert Manley chairman for Modern and contemporary art and Miety Heiden chairman for private sales after the departures of Cheyenne Westphal and Jean-Paul Engelen. Art Basel Paris announced 203 galleries for its October fair at the Grand Palais, while Kiaf Seoul will host 176 exhibitors in September. Tony Karman is stepping down as director of Expo Chicago after 14 years. Pace Gallery added Friedrich Kunath, Galerie Nordenhake signed Naufus Ramírez-Figueroa, and Sylvia Kouvali now represents Luigi Zuccheri. Ariel Pittman is launching a new Los Angeles gallery, Official Welcome. The Louvre will return 258 works from Adèle de Rothschild's bequest to the Fondation des Artistes. President Trump dismissed Smithsonian National Portrait Gallery director Kim Sajet over DEI support, though his authority is questioned. The Centre Pompidou announced a new $240 million outpost in Brazil. The Art Institute of Chicago confirmed director James Rondeau will return after a flight incident. The Pérez Art Museum Miami appointed Karen H. Bechtel as board president. Frieze and Deutsche Bank detailed their 2025 Emerging Curators Fellowship. A rare Gustav Klimt portrait of an African prince was offered for €15 million.

dynamo room uffner lius frieze wet paint

Artnet News's 'Wet Paint' gossip column reports from Frieze Week in New York, noting a prevailing cultural pessimism fueled by essays on the death of culture and the impact of the second Trump administration. Amidst this, Jeff Koons's 'Hulk Elvis' sculptures at Gagosian's Frieze booth (priced at $3 million each, with one sold) offered a perverse relief. The column also highlights the second edition of the Esther art fair at the Estonian House, described as an 'aura fair' prioritizing community and a welcoming environment over strict commercial focus, contrasting with the more predictable Frieze fair.

paint drippings art industry news may 12

This week's art industry roundup covers major auction activity, including Christie's $250 million sale of Barnes and Noble founder Len Riggio's collection, and Sotheby's postponement of an ancient Buddhist gemstone auction after criticism from academics and India's Ministry of Culture. Frieze New York, recently sold to Ari Emanuel, reported strong sales with a $3 million Jeff Koons sculpture at Gagosian, while Gagosian's TEFAF New York booth featuring Anna Weyant's jewelry-themed paintings sold out. Other news includes Céline Assimon's appointment as chief commercial officer at Bonhams, the Spring Break Art Show's return, and gallery representation changes.

paint drippings art industry news may 2

This week's art industry roundup covers major developments including the sale of Frieze to Hollywood powerbroker Ari Emanuel for $200 million, the opening of Frieze New York amid a cautious market, and the appointment of Alexander Rotter as global president of Christie's. Other highlights include the collapse of a record $32 million Gustav Klimt sale due to restitution issues, Phillips adding country-of-origin details to lot descriptions due to tariff confusion, and gallery moves such as Petzel now representing Tschabalala Self and Hauser & Wirth selling its Upper East Side townhouse for $10.5 million. The Mellon Foundation announced $15 million in emergency funds for state arts councils to offset cuts by the National Endowment for the Humanities.

Megamurals, Guerrilla Girls and something rotten in the Oval Office – the week in art

The Guardian's weekly art roundup highlights several exhibitions, including Wilhelm Sasnal's politically charged paintings at Sadie Coles HQ in London, a Joan Eardley retrospective in Edinburgh, and a Guerrilla Girls show in East Sussex. It also reports on Art UK's digitization of over 6,700 UK murals, the theft of Impressionist paintings from an Italian museum, and the discovery of a stolen ancient gold helmet.

art industry news october 9 2019

Sotheby’s Hong Kong concluded its fall auction series with a robust $426 million total, headlined by a record-breaking $25 million sale for Yoshitomo Nara. Amidst this market momentum, Nara’s upcoming LACMA retrospective was announced to travel to Shanghai’s Yuz Museum. Meanwhile, the New York art scene is bracing for major institutional milestones, including the Metropolitan Museum of Art’s 150th-anniversary plans and the imminent public opening of MoMA’s $450 million expansion.

Paint Drippings: Art Industry News November 21

paint drippings art industry news nov 21

The Philadelphia Museum of Art has appointed Daniel H. Weiss, former head of the Metropolitan Museum of Art, as its new director and CEO to provide stability following the controversial dismissal of Sasha Suda. The transition occurs amid a legal battle, with the museum filing court documents alleging Suda misappropriated funds and falsified records. Meanwhile, the auction market saw a historic moment at Sotheby’s, where Gustav Klimt’s 'Portrait of Elisabeth Lederer' sold for $236.4 million, setting a new record for the artist and becoming the most expensive Modern work ever sold at auction.

roberts projects esmaa mohamoud cristin tierney debbi kenote

The art world saw significant roster changes and leadership appointments this week, including Roberts Projects announcing representation of Esmaa Mohamoud and Cristin Tierney adding Debbi Kenote. Notable institutional moves include Charles Chemin being named Artistic Director of the Watermill Center and Julia Siemon stepping into a newly created Deputy Director role at the Bard Graduate Center. Additionally, the mid-season auction market showed unexpected strength, highlighted by Jeff Koons’s 'Winter Bears' selling for $7.6 million at Christie’s.

duct taped banana maurizio cattelan comedian eaten again

A visitor at France's Pompidou-Metz ate a banana from Maurizio Cattelan's conceptual artwork "Comedian" (2019), which consists of a banana duct-taped to a wall. Security staff intervened calmly, and the work was reinstalled within minutes, as the fruit is regularly replaced per the artist's instructions. The incident occurred during the exhibition "The Endless Sunday," celebrating the museum's 15th anniversary, which features 30 works by Cattelan alongside over 400 others from the Musée National d'Art Moderne.

state of play asia art world news may 22

This edition of State of Play, part of Artnet Pro's Asia Pivot newsletter, reports on recent developments across Asia's art world. Taipei Dangdai Art and Ideas and Art Busan both concluded with slower sales and reduced attendance, citing economic and geopolitical uncertainty. Meanwhile, Art Basel announced a new fair in Doha for February 2026, and more Asian galleries are opening spaces in New York. In institutional news, philanthropist Yan Du is launching Yan Du Projects in London, the Simose Art Museum in Japan is hosting its first contemporary exhibition, and the Smithsonian's National Museum of Asian Art has repatriated looted Zidanku Silk Manuscripts to China.

paint drippings art industry news mar 10

This week's art industry roundup covers NADA New York's 11th edition with 111 galleries at a new venue, the Starrett-Lehigh Building, and Photo London's 10th edition at Somerset House with 99 exhibitors. In auctions, Sotheby's London saw a Yoshitomo Nara work sell for £9.03 million, while Christie's achieved £10 million for René Magritte's 'La reconnaissance infinie' and over £3.3 million for a Nazi-looted Egon Schiele drawing, plus $728,784 in its first all-A.I. auction. Galleries saw moves including Charles Moffett's new Tribeca space, Lisson Gallery representing Tishan Hsu, and Mika Yoshitake joining Blum as senior curatorial director. Museums and institutions feature the opening of Khao Yai Art Forest in Thailand with works by Louise Bourgeois, and the J. Paul Getty Trust appointing Kelly S. Moody as vice president.

art basel qatar wael shawky artistic director

Art Basel has appointed artist Wael Shawky as the artistic director of its upcoming fair in Doha, Qatar, scheduled to open in February. This marks a departure from the company's usual practice of selecting directors from the commercial art world. Shawky, who represented Egypt at the Venice Biennale and has had solo exhibitions at Tate Modern and MoMA PS1, will curate around 50 single-artist presentations across two venues, M7 and the Doha Design District, with equal pricing for exhibitors initially. A selection committee including dealers from international and regional galleries will assist in choosing participants.

Why did Van Gogh sign his paintings as ‘Vincent’?

Art historian Julia Engelmayer has published a study titled 'Simply ‘Vincent’: An Overview of Van Gogh’s Signed Paintings' on the Van Gogh Museum's website, analyzing why and how Vincent van Gogh signed his works. The research reveals that only 133 of his 840 surviving paintings bear a signature (16%), an unusually low proportion for a 19th-century artist. Van Gogh signed with only his first name due to strained family relations and the difficulty non-Dutch speakers had pronouncing his surname. The study also highlights his predominant use of red signatures (on 75 works), angled signatures on over half of his signed pieces, and a distinctive horseshoe-shaped 'V' used during his Arles period.

Yinka Shonibare Joins Mennour, a Fake Fake Monet, and More: Industry Moves for May 20, 2026

The article reports on several key moves in the art world as of May 20, 2026. Tina Kim Gallery will represent the estate of Singaporean British sculptor and printmaker Kim Lim, with a debut at Art Basel in June and a solo show in 2027. Yinka Shonibare has joined Paris gallery Mennour, which will host his first solo exhibition in October. Pace Gallery now represents the Brâncuși estate, planning a London exhibition this fall. Clarissa Morales has been named the first Chief Operating Officer of the Modern Art Museum of Fort Worth, moving from the Carnegie Museum of Art. Additionally, Jackson Pollock's Number 7A, 1948 sold for $181.2 million at Christie's, setting a new artist record. A viral social media post featuring a fake Monet painting created by AI sparked debate online.

The Wild Nine-Month Journey that Led to Nathaniel Mary Quinn Designing the Rolling Stones’ New Album Cover

Nathaniel Mary Quinn was commissioned to create the cover art for the Rolling Stones' new album *Foreign Tongues*, due July 10, after a three-way call with Mick Jagger and producer Andrew Watt. Over nine months, Quinn developed a composite portrait merging the faces of Jagger, Keith Richards, and Ronnie Wood, and also redesigned the band's iconic tongue-and-lips logo. The process involved regular conversations with Jagger and Richards, a private rehearsal session, and a lunch at the Baccarat Hotel, culminating in the band choosing Quinn's original composite over a second option featuring a vintage sports car.

Wet Paint Does Frieze Week: The Dinosaur Dealer Downtown, David Zwirner Tribeca, and More Juicy Art-World Gossip

Artnet News' gossip column 'Wet Paint' covers the opening week of Frieze New York, beginning with the group show 'Statics of an Egg' at David Zwirner's newly renamed Tribeca gallery (formerly 52 Walker). Curated by Martin Germann, the exhibition features Japanese artists gathered by Yu Nishimura and Kenji Ide, with Nishimura's painting 'in waiting' highlighted. The column also reports on a private party at the River art-world hangout and a visit to Amanita gallery for 'A Land Before Time: Three Dinosaurs and a Gondola,' which includes a John Chamberlain sculpture. Notable attendees include artists Sasha Gordon, Olivia van Kuiken, Calvin Marcus, and Josh Smith, as well as dealers Marlene Zwirner and Matthew Brown.