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.

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.

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.

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.

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.

paint drippings art industry news jun 9

Frieze has announced over 280 exhibitors for its October fairs in London, with around 160 galleries at Frieze London and 120 at Frieze Masters, running concurrently in Regent's Park from October 15 to 19. In auction news, the original Hermès Birkin bag prototype will be sold at Sotheby's Paris on July 10, and Bonhams has appointed Celine Assimon as chief commercial officer. Galleries saw significant moves: Christian Deydier in Paris is closing due to new EU regulations on imported cultural objects, while Carroll Dunham joined Matthew Brown, Cristina Iglesias signed with Hauser and Wirth, and several other artists changed representation. Meanwhile, Tate Liverpool received £12 million in UK government funding plus philanthropic support for its redevelopment, the Royal Academy of Arts named Simon Wallis as its new secretary and chief executive, and the Whitney Museum suspended its Independent Study Program for a year after controversy over censorship of a pro-Palestine performance. The Robert Rauschenberg Foundation made three new appointments, and the Académie de la Grande Chaumière in Paris faces eviction.

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.

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.

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.

paint drippings art industry news feb 16

This week's art industry news covers significant developments across fairs, auctions, galleries, and museums. Frieze New York announces its 15th edition with a strong Latin American gallery presence, while the India Art Fair reports robust sales, including works by Atul Dodiya and N.S. Harsha fetching up to $600,000. Sotheby's will offer a major Francis Bacon self-portrait from the collection of Joe Lewis, and Christie's is set to sell three masterpieces from Agnes Gund's collection, estimated at over $123 million. Gallery news includes Federica Beretta's return to Opera Gallery and David Zwirner's new representation of painter Louis Fratino.

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 Untold Story of Peter Hujar and Paul Thek’s Intimate—and Complex—Bond

Andrew Durbin’s new dual biography, *The Wonderful World That Almost Was*, explores the profound and volatile relationship between photographer Peter Hujar and artist Paul Thek. Spanning from their meeting in the late 1950s to their deaths from AIDS-related complications in the 1980s, the book details how their shared experiences—most notably a 1963 visit to the Capuchin Catacombs in Palermo—fundamentally shaped their artistic trajectories. While Hujar captured the mummified remains in haunting photographs, Thek translated the encounter into his visceral "meat pieces" and wax effigies.

Seoul Gets an Intriguing New Art Fair—Plus, a Rundown of the Latest in Asia’s Art World

The Asian art landscape is undergoing significant shifts, headlined by the launch of Hive Art Fair in Seoul, which introduces a fee-free booth model focused on B2B corporate collaborations. Major institutional moves include the appointment of Melissa Chiu as the new director of the Guggenheim Museum and the opening of the Black Gold Museum in Riyadh. Meanwhile, the Hong Kong Museum of History has reopened with a controversial thematic revamp that emphasizes Chinese heritage over colonial history.

Paint Drippings: Art Industry News February 23

paint drippings art industry news feb 23

This week’s art industry roundup highlights major shifts across the global market, including Art Basel’s announcement of 290 galleries for its flagship Swiss fair and Sotheby’s adjustment of its buyer’s premium rates. Significant personnel moves include Devyani Saltzman’s abrupt departure from the Barbican, which sparked an open letter from over 170 cultural figures, and Anne-Claire Legendre becoming the first woman to lead Paris’s Arab World Institute.

art gallery of ontario curator resigns nan goldin

A senior curator and two collections committee volunteers have resigned from the Art Gallery of Ontario (AGO) after the institution voted against acquiring a new slideshow work by artist Nan Goldin. The purchase was rejected by an 11-9 vote, with some committee members finding Goldin's November 2024 speech denouncing Israel's attacks on Gaza as genocide to be "offensive" and "antisemitic." Goldin had spoken at the Berlin opening of her traveling retrospective, expressing moral outrage and arguing that calling anti-Zionism antisemitic is a false equivalency. The AGO's modern and contemporary curator, John Zeppetelli, stepped down allegedly because of the incident, while the Vancouver Art Gallery and Walker Art Center proceeded with their part of the acquisition.

paint drippings art industry news jan 19

This week's art industry roundup covers a flurry of developments across art fairs, auction houses, galleries, and museums. A new boutique fair called Enzo will launch alongside Frieze Los Angeles in an Echo Park warehouse with 10 New York galleries, while Felix Los Angeles returns to the Hollywood Roosevelt Hotel with 50 exhibitors. Art Cologne's revived Palma Mallorca fair announces 88 exhibitors for its April debut. At auction, Christie's London will offer the Vanthournout collection of modernist and Surrealist works, including a Magritte painting estimated at $4.7 million, while Bonhams sells rare Oscar Wilde materials and three Bob Ross paintings. In gallery news, Roland Augustine steps down at Luhring Augustine, Lehmann Maupin opens a London space, and several galleries announce new artist representations. Museums see leadership changes at the Park Avenue Armory and Wrightwood 659, and the Rijksmuseum plans a new sculpture garden.

paint drippings art industry news dec 15

This week's art industry roundup covers major auction results, gallery representation changes, museum leadership shifts, and a high-profile art theft. François-Xavier Lalanne's *Hippopotame Bar* sold for $31.4 million at Sotheby's Breuer headquarters, setting a record for both the artist and design works. A Tiffany Magnolia floor lamp also set a new auction record at Sotheby's, fetching $4.4 million. Meanwhile, a New Jersey auction house quietly sold over $100,000 of Jeffrey Epstein's belongings, including artworks, without disclosing his ownership. In the gallery world, several artists changed representation, and former Clearing director John Utterson joined Thaddaeus Ropac. Museum news includes the Smithsonian's National Museum of Asian Art repatriating three Khmer-era sculptures to Cambodia, Maria Balshaw stepping down as Tate director, MoMA PS1 offering free admission starting January 1, and the Rijksmuseum planning a new branch in Eindhoven. Additionally, eight rare Matisse prints and five works by Candido Portinari were stolen from São Paulo's Mário de Andrade Library.

paint drippings art industry news jul 14

This week's art industry news includes Art Basel appointing Egyptian artist Wael Shawky as artistic director of its first Middle East fair, Art Basel Qatar, running February 5–7, 2026. A new fair called Loading… debuts in Hudson, N.Y., during Upstate Art Weekend, while Vienna Contemporary names Abaseh Mirvali as artistic director. Bonhams offers material from Roy Lichtenstein's Hamptons home, and a legendary Le Birkin handbag sells for €8.5 million at Sotheby's Paris. Galleries see Hollis Taggart adding two artists, Adam Lindemann closing Venus Over Manhattan, and Berlin's Meyer Riegger and Paris's Galerie Jocelyn Wolff opening a joint Seoul gallery. Museums include the Zayed National Museum opening in Abu Dhabi, Shamim M. Momin named director of the Bronx Museum, and the Baltimore Museum of Art acquiring 150 new works. The Art Bridges Foundation and Crystal Bridges acquire 90 Indigenous artworks, and the Schirn Kunsthalle Frankfurt opens a temporary location. In legal news, DHS officials visited the National Museum of Puerto Rican Arts and Culture in Chicago.

wet paints summer guide 2025

Artnet News' Wet Paint gossip column presents a selective summer guide for the art world, highlighting key exhibitions and social hotspots. In Manhattan, the Upper East Side offers the Park Avenue Armory's Diane Arbus photo exhibition, the Met's John Singer Sargent show, and the newly opened Frick with its Westmoreland café. Downtown, Bar Oliver in Two Bridges has become an art world haunt, co-created by Olmo and Cy Schnabel. The column also previews themed group shows: "Hope is a dangerous thing" at P.P.O.W. and "CAKE" at Olympia Gallery, featuring edible artworks. Exclusive news reveals the engagement of Lucas Zwirner to Charlotte Lindemann, merging two powerful art-dealing families. Additionally, Sky High Farm in Germantown, New York, is launching a new biennial with works by Anne Imhof, Rudolf Stingel, and Felix Gonzalez-Torres.

hauser and wirth new york museum mega gallery shows

This spring in New York, major museum surveys at MoMA, the Whitney, the Guggenheim, and the Metropolitan Museum of Art feature artists all represented by the mega-gallery Hauser & Wirth: Jack Whitten, Amy Sherald, Rashid Johnson, and Lorna Simpson. The article notes that this concentration has been dubbed "Hauser spring" by some observers, and questions the increasingly blurred line between commercial galleries and museums, especially as Hauser & Wirth has provided financial support for at least three of the four shows.

Art Basel Curbs Pre-Fair Sales—and More Art Industry News

Art Basel has launched a "Basel Exclusive" initiative to curb pre-fair PDF sales, encouraging galleries to withhold works from previews to drive in-person discovery at its flagship Swiss event (June 16–21). Around 170 of 232 exhibitors have opted in. Meanwhile, Volta returns to Basel with a new "5,000 Edit" section for works under CHF 5,000 to attract younger collectors, and the alternative fair Esther will hold its third edition in New York during Frieze Week. In other news, Sotheby's set a U.S. record for design auctions with the Jean and Terry de Gunzburg collection totaling $96 million, and billionaire collector Mitchell P. Rales pledged $116 million to the National Gallery of Art to fund loans to smaller museums. The Smithsonian American Art Museum named Lynda Roscoe Hartigan as its new director, and Gladstone Gallery plans a new Seoul space for 2026.

Two Growing London Galleries Launch Second Spaces—and More Art Industry News

The art world is seeing a wave of institutional shifts and physical expansions, headlined by the appointment of Melissa Chiu as the new director of the Guggenheim Museum in New York. In London, galleries Edel Assanti and Emalin are both expanding their footprints with new locations, while the National Gallery has selected Kengo Kuma for a massive £350 million extension project. Meanwhile, the European Commission has threatened to pull €2 million in funding from the Venice Biennale unless it reverses its stance on Russian participation.

Art Basel’s Parent Company Plans New ‘Ideas Festival’—and More Art Industry News

MCH Group, the parent company of Art Basel, is launching a new global ideas festival called the Futurific Institute in Basel in 2028, backed by billionaires James and Kathryn Murdoch. Art Dubai has postponed its 20th edition due to regional conflict, while several galleries are opening, closing, or changing locations, including Brooke Benington in London and Timothy Taylor in New York. Additionally, Mexico is demanding eBay remove listings for pre-Columbian artifacts, and institutions like the Royal Academy of Arts and MCA Chicago are announcing key leadership changes.

high art paris gallery closing

High Art, a Parisian gallery known for launching the careers of artists like Lucy Bull and Julien Creuzet, is closing its physical space after 12 years. The gallery announced on Instagram that its last exhibition closed in July and that it will transition toward collaborations, offsite exhibitions, and individual artworks. Founded in 2013 by Romain Chenais, Jason Hwang, and Philippe Joppin, High Art became a tastemaker in Paris's gallery scene, known for its challenging and often unconventional program. Many artists who showed there early, including Rachel Rose, Matt Copson, and Frieda Toranzo Jaeger, later achieved international recognition.

art galleries closing museum restaurants wet paint

Artnet News' Wet Paint column reports a wave of gallery closures and rumors in New York's art scene. Blum and Venus Over Manhattan have recently shut down, while Clearing's Bowery space temporarily became a Tank Air clothing pop-up, not a permanent closure. Micki Meng sent a cryptic 'I'm quitting' email but clarified it was a reference to Marcel Duchamp, not a business closure. Jack Barrett Gallery is relocating, not closing, and Tramps has closed its Washington Square Park location while planning a new Paris outpost. Jack Hanley, who closed his gallery in January, is now painting in the Hamptons.

Exclusive | The world's 100 most visited art museums in 2025: new venues a big hit with visitors

The Art Newspaper's 2025 survey of the world's 100 most visited art museums reveals a strong but uneven recovery from the pandemic, with total visits reaching over 200 million. New museums in the Middle East, East Asia, and major Western cities have been major hits with the public, driving significant attendance.

art basel paris louvre heist security response

Days before Art Basel Paris opens at the Grand Palais, a brazen daytime robbery at the Louvre Museum saw thieves escape with jewels once belonging to Napoleon III and Empress Eugénie. The heist, carried out by three masked men using a cherry picker and power tools, targeted the Galerie d’Apollon and has dominated headlines in France. Art Basel organizers have offered general reassurances about security but declined to provide specifics when asked about steps taken in light of the robbery. The fair is debuting a new invitation-only preview called Avant Première, and features 206 galleries from 41 countries, including Gagosian, Hauser & Wirth, and David Zwirner. It also marks the final edition under director Clément Delépine.

Berlin Modern Museum Delayed Again as Moisture Damage Pushes Opening to 2030

Berlin's long-awaited Berlin Modern museum has been delayed again, with its opening now pushed to 2030 due to moisture damage in the building's shell and microbial contamination in other parts of the structure. The Prussian Cultural Heritage Foundation announced the delay after the Berlin-Brandenburg Broadcasting Corporation broke the story. The Herzog & de Meuron-designed building, originally scheduled to open this year as the Museum of the 20th Century, has faced multiple setbacks since groundbreaking in December 2019, with completion dates slipping from 2026 to 2028, then 2029, and now 2030. The project's cost has ballooned from €200 million to €507 million.

maurizio cattelan comedian banana eaten pompidou metz

A museum-goer ate Maurizio Cattelan's "The Comedian" (2019)—a banana duct-taped to a wall—on display at the Pompidou-Metz in France. The museum quickly replaced the fruit, noting it is regularly changed per the artist's instructions. Cattelan joked the eater should have consumed the tape and skin as well.