Christie’s $1.1 B. Double-Header Shows Growing US Market Strength, Basque Government Snubbed Reina Sofía in ‘Guernica’ Loan Request, and More: Morning Links for May 19, 2026

Christie’s evening sales on Monday reached $1.1 billion, driven by top lots including a Jackson Pollock drip painting ($181.2 million), a Constantin Brâncuși bronze head ($107 million), and a Mark Rothko abstraction ($98.4 million). The sales revealed strong bidding in the under-$20 million segment, with most activity from US buyers, while European and Asian clients remained cautious. Separately, Reina Sofía Museum director Manuel Segade stated that the Basque government never formally requested to borrow Picasso’s ‘Guernica’ from the museum, only approaching Spanish political leaders, who lack authority to lend the work. The UK’s shadow culture secretary urged an investigation into antisemitism allegations against Southbank Centre chairman Misan Harriman.

98,000 People Rush to Defense of Arts Trustee Misan Harriman in Wake of Antisemitism Accusations

More than 98,000 people have filed complaints with the UK Independent Press Standards Organisation (IPSO) in defense of British-Nigerian arts trustee Misan Harriman, following accusations of antisemitism leveled against him by right-wing outlets including the Daily Mail and the Telegraph. The complaints mark the highest number ever submitted to IPSO over a single issue. Separately, an open letter signed by activist Greta Thunberg and artists Tracey Emin and Peter Doig condemns what they call a "dishonest smear campaign" targeting Harriman, who is an Oscar-nominated photographer, chair of the Southbank Centre, and a nominee for Amnesty UK’s People’s Human Rights Champion.

The Raphaels, the Italian Gang and the Olive Oil Maker: The Spectacular Theft of 7 Paintings in Budapest During the Cold War

Les Raphaël, le gang italien et le fabricant d’huile d’olive : le spectaculaire vol de 7 tableaux à Budapest en pleine guerre froide

On November 5, 1983, thieves stole seven Renaissance masterpieces from the Museum of Fine Arts in Budapest, including two works by Raphael, two by Tiepolo, two by Tintoretto, and one by Giorgione, valued at $28 million. The heist was carried out by a small Italian gang from Reggio Emilia, who entered through a window using a scaffolding left by construction workers, leaving behind a screwdriver from the Italian brand USAG that the mastermind mistakenly thought would implicate American thieves. The operation was led by Ivano Scianti, with accomplices including Giordano Incerti, Graziano Iori, Giacomo Morini, and Carmine Palmese.