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.

Gabrielle Goliath, Richard Avedon, “Chicken Linda”

Hyperallergic editor-in-chief Hakim Bishara reflects on skipping the New York art fairs and a record-breaking $181 million Jackson Pollock sale at Christie's, instead focusing on a profile of pioneering performance artist Linda Montano (now 84) who welcomed a contributor in a chicken costume, and Gabrielle Goliath's exhibition "Elegy" which was banned from South Africa's Venice pavilion by the culture minister but is now on view in a church. The newsletter also announces Hyperallergic's New York Press Club journalism award for Noah Fischer's comic "A Prospect Heights Ghost Story," supported by the Economic Hardship Reporting Project, and rounds up other art news including a $1 billion Christie's sale, a Billie Holiday monument commission, and public sculptures by Sarah Lucas, Roberto Lugo, and Kyle Goen.

Russian art today is blood. A tough interview with Pussy Riot

“L’arte russa oggi è il sangue”. Una dura intervista alle Pussy Riot

During the preview of the 2026 Venice Biennale, the Russian Pavilion became the site of a protest by Pussy Riot and FEMEN, who staged an action called "STORM OF VENICE." Wearing pink balaclavas and carrying radical slogans, they denounced Russia's presence at the Biennale, accusing the Kremlin and the European cultural system of complicity. The protest centered on the phrase "Blood is Russia's art." In an interview, Pussy Riot member Nadya Tolokonnikova argues that artists who represent the official Russian Pavilion become instruments of the aggressive imperial state, and that the Biennale confuses cultural dialogue with political normalization.

Open Letter in Support of the Artist Asel Kadyrkhanova

An open letter initiated by members of the Kazakhstani and international art community protests the removal of artist Asel Kadyrkhanova's work *Machine* (2013) from the Kazakhstan pavilion at the 2026 Venice Biennale. The mixed-media installation, which addresses Stalinist repression through a vintage typewriter, arrest warrants, and red threads, was dismantled on May 5, 2026, reportedly by order of Kazakhstan's Ministry of Culture and Information, just before the pavilion's opening. The artist and curator were allegedly pressured to alter the work beforehand, and the ministry initially cited restrictions from the Italian side, but the Italian Ministry of Defense denied involvement.