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.

8 artists poised to break out in 2026

Artnet News asked four curators and four art advisors from around the world to each select one artist they believe is poised to break out in 2026. The article profiles the first two of eight artists: Indonesian artist Bagus Pandega, known for kinetic plant-based installations, who has had solo shows at Kunsthalle Basel and Swiss Institute New York; and Max Hooper Schneider, a Los Angeles-based artist creating aquarium-like works blending organic and artificial materials, recently exhibited at 125 Newbury gallery in New York.

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.

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.

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 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.

Nominees for the Turner Prize 2026 announced by Tate

Tate Britain has announced the four nominees for the 2026 Turner Prize: Simeon Barclay, Kira Freije, Marguerite Humeau, and Tanoa Sasraku. The shortlist was revealed during a press conference broadcast online. An exhibition of their work will open at the Middlesbrough Institute of Modern Art (Mima) on 26 September, with the winner announced on 10 December. The winner receives £25,000, while each runner-up gets £10,000. The jury, chaired by Tate Britain director Alex Farquharson, praised the diverse range of work spanning installation, performance, and sculpture.

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.

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.

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.

Who Went to Venice Last Week? Jenny Saville, Glenn Lowry, Jewel, and Many Other Power Players

Artnet News reporter Katya Kazakina recounts her experience at the opening week of the 61st Venice Biennale, describing a whirlwind of art, parties, and chance encounters. Notable figures spotted include former MoMA director Glenn Lowry, singer-songwriter Jewel (who debuted her visual art show "Matriclysm: An Archaeology of Connections Lost"), and Japanese Nintendo heir and collector Banjo Yamauchi. High-profile events included Thaddaeus Ropac gallery's reception for Georg Baselitz's final paintings (priced up to $1.5 million) and François Pinault's annual party at Fondazione Giorgio Cini, attended by Selma Hayek, Lorna Simpson, and JR. The article also highlights the social dynamics of the biennale, where dealers, curators, and collectors network across historic palazzos and hotels.

The Artists Who Ruled the Biennial Circuit Over the Last Four Years

Artnet News critic Ben Davis analyzed 130 recurring global art events—including biennials and triennials—that opened between the 2022 and 2026 Venice Biennales, tallying over 15,000 participating artists. He identified the most frequently featured artists, with Nolan Oswald Dennis topping the list at 14 biennial appearances. Dennis, a South Africa-based artist born in Lusaka, is known for works like "Black Liberation Zodiac" (2017-ongoing) and was included in the 2026 Venice Biennale curated by the late Koyo Kouoh.

Jasper Johns Marks Time

The art world is currently reflecting on the enduring legacy of Jasper Johns, highlighted by a new Gagosian exhibition focusing on his 1970s output. Critic John Yau explores Johns's career-long fascination with materiality and the inevitable decay of art, noting how the artist uses newsprint and wax to acknowledge that nothing remains static in time.

The story behind Iran’s only Van Gogh: ‘At Eternity’s Gate'

A rare, inscribed lithograph by Vincent van Gogh, 'At Eternity's Gate,' resides in the collection of the Tehran Museum of Contemporary Art. The work, one of only seven surviving examples, was acquired in 1975 by Farah Pahlavi, the wife of the Shah of Iran, for the museum. It passed through notable hands, including those of US Vice President Nelson Rockefeller, before arriving in Tehran just before the 1979 Iranian Revolution.

la frieze parties barry mcgee

The Los Angeles art scene faced a moment of introspection during Frieze Week as logistical hurdles and rumors of New York gallery departures sparked debates about the city's long-term viability. Despite whispers of downsizing from major transplants and the 'quiet quitting' of spaces like Tanya Bonakdar and Sean Kelly, the week was defined by high-energy alternative events. Highlights included a massive group show curated by Barry McGee and Jeffrey Deitch in a defunct 99 Cent Only Store and the 'Away From Desk' micro-fair, which showcased the city's resilient underground and Chinatown-adjacent gallery circuit.

artnotnet facebook marketplace art la scene

Artnet News is searching for a permanent writer for its Wet Paint gossip column, with guest writers like Janelle Zara filling in temporarily. The column focuses on speculating about the identity of the anonymous Instagram account @artnotnet, which posts humorous, all-caps commentary on art world headlines, and notes the rise of art sales on platforms like Facebook Marketplace.

times esther kim varet campaign wet paint

Lower Manhattan is getting a new nonprofit art space called Times (styled in lowercase), founded by Summer Guthery and Francesca Sonara. Located on the fourth floor of 151 Lafayette Street above the Museum of Chinese in America, the 3,000-square-foot venue will operate for only three years. Its inaugural exhibition, featuring Danish artist Nina Beier, opens February 21 with a display of melting Cornetto ice cream cones. The space will officially open February 12 with a performance by Latvian choreographer Jana Jacuka. Guthery, previously founding artistic director of Canal Projects, and Sonara, former director of communications at Minnesota Street Project, met as graduate students at Bard College's Center for Curatorial Studies.

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.

paint drippings art industry news nov 14

This week's art industry roundup covers major developments across auctions, galleries, and art fairs. Highlights include $1.6 billion in art heading to auction at Christie's, Sotheby's, and Phillips in New York; the sale of the 'Mellon Blue' diamond for $25 million at Christie's Geneva; and the Vanderbilt jewels achieving $4.2 million at Phillips Geneva. In galleries, Sperone Westwater faces possible closure or transformation after 50 years, while Upsilon Gallery opens a new space in Milan. The IFPDA Print Fair expands to include drawings and rebrands, and Abu Dhabi Art will relaunch as Frieze Abu Dhabi next year. The Gallery Climate Coalition reports significant emissions reductions among its members.

david adjaye museums open without starchitect

René Magritte's surrealist masterpiece *La Magie Noire*, unseen on the market for nearly a century, will be auctioned at Sotheby's Paris later this month with an estimate over $8 million. The painting was originally purchased by the family of WWII resistance heroine Suzanne Spaak, who supported Magritte during a financially difficult period. Separately, three major museums designed by star architect David Adjaye—the Princeton University Art Museum, the Museum of West African Art in Benin City, and the Studio Museum in Harlem—are set to open this fall, but institutions are downplaying Adjaye's involvement following sexual misconduct allegations he denied in 2023. Other news includes Pace Gallery closing its Hong Kong space, Colnaghi opening in Riyadh, and the death of ARTnews owner Milton Esterow.

andrew cuomo zohran mamdani mayoral campaign donations

Former New York governor Andrew Cuomo relaunched his New York mayoral campaign as a third-party candidate on July 14, after losing the Democratic primary to Zohran Mamdani by 12 points on June 24. A recent ARTnews data analysis reveals that prominent art world figures have donated to both campaigns, with Cuomo receiving contributions from Christie's executives, Phillips and Sotheby's staff, Gagosian directors, art dealers, and museum leaders, while Mamdani drew support from foundation directors, museum curators, gallery directors, and numerous artists. The pro-Cuomo super PAC Fix the City received $5 million from billionaire Michael Bloomberg and $250,000 from Top 200 collector Daniel Loeb, while the pro-Mamdani super PAC raised about $1.4 million.

museum artist ranking june 2025

Artnet News published its quarterly museum artist ranking for June 2025, analyzing temporary exhibitions at over 250 U.S. museums to identify which living artists received the most institutional attention. The list includes over 4,500 names, with Indigenous contemporary artists dominating the top ranks: Cara Romero and Sky Hopinka remain highly visible, joined by Jeffrey Gibson and Andrea Carlson. Cindy Sherman appears in at least 10 group shows nationwide, while Alex Katz continues as a rare painter favored by museums at age 97. The ranking prioritizes career retrospectives, dedicated exhibitions, and special commissions over group show appearances.

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.

Anna Zemánková Estate Joins Gladstone Gallery, Sándra Vasquez de la Horra Joins Tanya Bonakdar Gallery, and More: Industry Moves for April 29, 2026

The article reports a series of industry moves in the art world as of April 29, 2026. Key developments include Gladstone Gallery taking on the estate of Anna Zemánková, Sándra Vasquez de la Horra joining Tanya Bonakdar Gallery, Elijah Wheat Showroom opening a new location in Beacon, New York, and Mariane Ibrahim now representing Leasho Johnson. Additionally, Denniston Hill launches its 2026 residency season with 30 artists, the Minneapolis Institute of Art receives restoration funding from TEFAF, Charlie White is appointed dean of the Sam Fox School, and Jesús Hilario-Reyes and Tichacoco are named inaugural recipients of the Clemente Center’s Van Lier Fellowship. The article also notes a whistleblower claim of $3 million missing from the Palm Springs Art Museum’s investment account, and a New York Times essay by Robin Givhan on Derrick Adams.

The Turner Prize Has Revealed Its 2026 Nominees—and Already Courted Controversy

The Turner Prize has announced its 2026 nominees: Simon Barclay, Kira Freije, Marguerite Humeau, and Tanoa Sasraku. The award, administered by Tate Britain, includes a £25,000 prize for the winner. For the first time, the nominees' exhibition will be held at Teesside University's Middlesbrough Institute of Modern Art, an academic setting. The selection has already drawn criticism for being tame and safe, with Guardian critic Eddy Frankel describing the prize as "timid" and "fearful." Tate Britain director Alex Farquharson defended the nominees, praising the diversity and sculptural focus of their work.

Alma Allen Speaks Out on Backlash Over U.S. Pavilion Commission: ‘A Little Stressful’

Sculptor Alma Allen has spoken out for the first time about the backlash he faced after accepting the commission to represent the United States at the Venice Biennale. In a rare interview on the podcast *Time Sensitive*, recorded at his home in Tepotzlán, Mexico, Allen described the response as “a little stressful” but said he never hesitated when curator Jeffrey Uslip invited him last fall. His selection sparked controversy because the State Department’s requirement that proposals “reflect and promote American values” while not promoting DEI initiatives led higher-profile artists like William Eggleston and Barbara Chase-Riboud to refuse. Allen’s former galleries, Mendes Wood and Olney Gleason, dropped him after he accepted, though he has since joined Perrotin. He also hinted that his exhibition, “Call Me the Breeze,” will include work about conflict and surveillance.

meg webster comme des garcons dia perfume

Artist Meg Webster has collaborated with the Dia Art Foundation and Japanese fashion house Comme des Garçons to release her first signature perfume. The fragrance, inspired by Webster’s sensory earthworks made of soil and salt, features woodsy and petrichor notes housed in a silver tetrahedral box that mirrors her sculptural vocabulary. To celebrate the launch, a 2017 sculpture by Webster will be installed at the Comme des Garçons boutique in Chelsea, Manhattan.

Cosima von Bonin Loewe Paris

cosima von bonin loewe paris

German artist Cosima von Bonin collaborated with Loewe for its Fall/Winter 2026-2027 womenswear show at the Château de Vincennes during Paris Fashion Week. The artist’s signature plush sculptures, including oversized octopuses and bug-eyed scallops, occupied front-row seats and populated the runway set. Beyond the scenography, von Bonin’s zoomorphic motifs were integrated directly into the collection as jewelry, charms, and minaudières.

philip tinari ucca tai kwun asian art industry news

This edition of State of Play, part of Artnet Pro's The Asia Pivot newsletter, reports on multiple developments across Asia's art scene. Highlights include the launch of Art Fairs Pavilion Taipei, a new alternative art fair co-founded by Hong Kong dealers Willem Molesworth and Ysabelle Cheung, with 13 galleries for its inaugural edition. Galleries Antenna Space and Kwai Fung Hin Art Gallery are expanding into Hong Kong and Singapore respectively, while veteran Beijing gallery Long March Space has closed its physical venue. The Taipei Fine Arts Museum announced Taiwan's collateral exhibition at the Venice Biennale, and the Hong Kong Museum of Art named artists for its collateral show. The Asia Society Museum in New York will open a 70th-anniversary exhibition, and the H+ Museum in Suzhou, designed by Tadao Ando, officially opened with two inaugural shows.