stop making sense 2025 art market analysis

The article analyzes the chaotic and contradictory state of the global art market in 2025, a year marked by extreme volatility following President Donald Trump's return to office. Key events include strong sales at Frieze Los Angeles in February, a record $13.8 million sale of a painting by M.F. Husain at Christie's, and a sharp downturn after Trump imposed sweeping tariffs on major trading partners. Major auctions in May fell far short of expectations, with only $837.5 million hammered against estimates of up to $1.6 billion. Meanwhile, Art Basel expanded with a new Qatar fair, but sales at Art Basel Switzerland dropped over 35% from 2024. The year also saw a wave of gallery closures, including the sunsetting of Blum & Poe.

top artists auction 2025

The article reports that the top tier of the art auction market rebounded strongly in 2025, with the ten most expensive lots totaling $757.1 million, a 48% increase from 2024. Gustav Klimt became the top-selling artist, driven by the sale of his *Portrait of Elisabeth Lederer* (1914–16) from the collection of the late Leonard Lauder, which was the most expensive artwork of the year. The rankings saw significant shifts: René Magritte, the top artist in 2024, fell to sixth place, while blue-chip names like Pablo Picasso, Andy Warhol, and Jean-Michel Basquiat strengthened their positions. Notably, no women or living artists appeared among the top 20 sellers in 2025, a reversal from the previous year when Yayoi Kusama and Joan Mitchell were present.

consignors november 2025 new york sales christies sothebys

As the fall auction season returns to New York, Christie’s and Sotheby’s are preparing for evening sales amid an uneven art market. The article reveals key consignors behind major lots, including a Frida Kahlo painting from 1931, estimated at $6–8 million, owned by Miami-based Francisco and Fiorella Pérez Díaz, and three French Post-Impressionist works from the collection of the late Argentine patron Nelly Arrieta de Blaquier. The market context includes underwhelming results at Art Basel in Switzerland but strong attendance at Frieze London and Art Basel Paris, with collectors showing willingness to spend only on exceptional, well-priced works.

10 Must-See Museum Exhibitions This Spring

Major museums worldwide are launching a series of high-profile exhibitions this spring that challenge traditional art historical narratives. Highlights include a Marcel Duchamp retrospective at MoMA, a deep dive into Pop art's legacy at the Guggenheim, and significant surveys of icons like Frida Kahlo and Agnes Martin. Meanwhile, UCCA Beijing is presenting a major exhibition of Duan Jianyu, highlighting the evolution of Chinese painting in relation to Western influence.

The 16 Most Expensive Artworks Ever Sold at Auction

ARTnews published an updated list of the 16 most expensive artworks ever sold at auction, highlighting recent record-breaking sales such as Gustav Klimt's *Portrait of Elisabeth Lederer* (1914–16), which fetched over $236.4 million at Sotheby's, and Jackson Pollock's *Number 7A, 1948*, which sold for well above its $100 million estimate at Christie's in May 2026 from the S. I. Newhouse collection. The article traces the history of top auction prices, including Vincent van Gogh's *Orchard with Cypresses* (1888), which sold for $117 million during the Paul Allen sale at Christie's in November 2022, part of a record $1.5 billion single-evening auction.

The Most Expensive Works by Mark Rothko Sold at Auction

Mark Rothko's paintings continue to command top prices at auction, with a list of his most expensive works updated in May 2026. The article details sales including 'Orange, Red, Yellow' (1956), 'Untitled' (1952) for $66.2 million, 'White center (Yellow, pink and lavender on rose)' (1950) for $72.8 million, 'No. 1 (Royal Red and Blue)' (1954) for $75 million, and 'No. 10' (1958) for $81.9 million. It also notes that in May 2026, Rothko's 'Brown and Blacks in Reds' (1957) sold for $85.8 million at Sotheby's from dealer Robert Mnuchin's collection, narrowly missing the artist's record.

Backflips, boulders and dancing dogs: the images that shaped art photography – in pictures

A new exhibition at the Princeton University Art Museum, titled "Photography as a Way of Life," celebrates the photographers who helped establish art photography as a serious movement from the 1940s to the 1970s. The show features works by Minor White, Aaron Siskind, Harry Callahan, and others, including images by Ming Smith, Donna-Lee Phillips, and Walter Chappell. The exhibition runs until September 7 and highlights how these educators and artists transformed photography's role in both the art world and higher education.

Jasper Johns Keeps Looking

Jasper Johns’s latest exhibition at Gagosian, 'Between the Clock and the Bed,' serves as a profound meditation on the artist's career-long investigation into the 'things the mind already knows.' By revisiting his signature motifs—including flags, targets, and crosshatch patterns—the show highlights Johns’s rejection of Abstract Expressionist spontaneity in favor of a deliberate, analytical process using encaustic and collage. The works document a transformation where familiar symbols are rendered into a complex visual language that bridges the gap between memory and physical presence.

what to know jean tinguely

Swiss artist Jean Tinguely, born 100 years ago on May 22, 1925, is celebrated in a centenary retrospective at Pirelli HangarBicocca in Milan. Known for his kinetic sculptures—clattering, motorized assemblages of cogs, wheels, and found objects—Tinguely emerged from Dada influences in Basel and Paris to become a leading figure of kinetic art. His work satirizes technological reliance and explores themes of mortality, often incorporating animal skulls and planned explosions. Major retrospectives at the Stedelijk Museum (2016) and Pirelli HangarBicocca (2024) have revived interest in his oeuvre.

paris noir exhibition centre pompidou

The Centre Pompidou in Paris has opened "Paris Noir: Artistic circulations and anti-colonial resistance 1950–2000," a landmark exhibition featuring 350 works by 150 largely underrecognized Black artists active in postwar Paris. The show includes paintings, sculptures, films, photographs, and archival materials, highlighting artists such as Georges Coran, Ed Clark, Beauford Delaney, Mary Lovelace O’Neal, and Ming Smith, and explores themes of Afro-Atlantic abstraction, Surrealism, anti-colonial activism, and jazz's influence on visual art.

leonor fini

On the 100th anniversary of Surrealism, the article highlights the belated recognition of Leonor Fini (1907–1996), a self-taught artist who rejected labels such as 'Surrealist' or 'woman artist.' Despite her insistence on being seen simply as an artist, her sensual, mythological paintings are gaining renewed attention. Fini debuted in 1929, was featured in the 2022 Venice Biennale, and had a solo exhibition at Kasmin gallery in New York. Her market high came in 2021 when a self-portrait sold for $2.3 million at Sotheby's, and her work is now included in the centennial surrealist show 'Imagine!' at the Royal Museum of Fine Arts in Belgium.

30 portraits of queen elizabeth ii

On September 9, 2015, Queen Elizabeth II became the longest-reigning monarch in British history, surpassing Queen Victoria. To mark the occasion, the Royal Collection opened a photography exhibition titled “Long to Reign over Us,” featuring posed portraits and casual family shots of the Queen. Artnet News compiled 30 favorite photos and paintings of the monarch, including works by Cecil Beaton, Andy Warhol, and royal photographer Mark Stewart, highlighting her decades-long reign and her ease in front of the camera.

five friends museum brandhorst rauschenberg

The Museum Brandhorst in Munich has opened "Five Friends," a major exhibition exploring the interconnected creative and personal relationships among John Cage, Merce Cunningham, Jasper Johns, Robert Rauschenberg, and Cy Twombly. Spanning 180 works from the late 1940s through the 1970s, the show includes paintings, sculptures, costumes, musical scores, photographs, and letters, beginning with Cage's silent composition 4'33" and Rauschenberg's White Painting. It is the first exhibition to bring these five figures together, drawing on loans from Cologne's Museum Ludwig and U.S. institutions, and coincides with the centenary of Rauschenberg's birth.

Matisse’s explosive finale and a new chapter for Hong Kong? Plus, Schiaparelli and Dalí—podcast

This week's episode of The Art Newspaper podcast covers three major art world events. A landmark Henri Matisse exhibition at the Grand Palais in Paris focuses on his final, explosive 13 years of work, including his famous cut-outs. In Hong Kong, Art Basel opens amid economic uncertainty, with analysis on whether the market is turning a corner. Meanwhile, London's Victoria and Albert Museum unveils a show on Elsa Schiaparelli, featuring a Salvador Dalí painting that directly inspired her iconic fashion designs.

women in abstract expressionism

The Denver Art Museum is hosting "Women of Abstract Expressionism," the first major museum exhibition dedicated exclusively to female painters of the movement. Curated by Gwen Chanzit, the show features over 50 works by artists including Helen Frankenthaler, Jay DeFeo, Elaine de Kooning, and Mary Abbott. The exhibition highlights how these women were integral to the first internationally influential American art movement but were historically sidelined in favor of male peers like Jackson Pollock and Willem de Kooning.

blanche lazzell lincoln glenn

Blanche Lazzell (1878–1956), a pioneering American Modernist artist and printmaker largely forgotten today, is featured in the exhibition “Herself: American Artists of the 20th Century” at New York’s Lincoln Glenn Gallery. The show brings together 30 women artists spanning roughly 90 years, including Alice Neel, Grace Hartigan, Barbara Kruger, Sheila Hicks, and March Avery. Lazzell, who earned her fine arts degree at West Virginia University in 1905, studied at the Art Students League alongside Georgia O’Keeffe, traveled to Paris, and cofounded the Provincetown Printers, the nation’s first woodblock print society. She is credited with developing the white-line woodcut technique known as the Provincetown Print, and her work is held by major institutions including the Metropolitan Museum of Art, the Museum of Fine Arts, Boston, and the Smithsonian American Art Museum.

grace hartigan gift of attention exhibition nc museum of art

The article details the career of artist Grace Hartigan, who by 1954 had overcome self-doubt and gained critical and commercial success with her bold, figurative-abstraction paintings. It recounts her solo exhibitions at Tibor de Nagy, acquisitions by MoMA and the Whitney, and her defiance of critic Clement Greenberg. The piece then focuses on a new exhibition at the North Carolina Museum of Art, "Grace Hartigan: The Gift of Attention," curated by Jared Ledesma, which explores how her relationships with avant-garde poets like Frank O'Hara and Barbara Guest shaped her work and provided a sense of belonging in the downtown New York scene.

magritte drawing ebay rago wright auction

An anonymous buyer purchased an untitled René Magritte drawing on eBay for $1,580 in January 2025. The work, executed in ballpoint pen, colored pencil, and pencil on paper, will be auctioned by Rago/Wright in Lambertville, New Jersey on May 21 with a high estimate of $150,000—a nearly hundred-fold increase. The drawing depicts three giant white chess pieces towering over a landscape and once belonged to Mora Henskens, companion of Harry Torczyner, a friend and collector of the artist. It was acquired by Henskens from Magritte's widow, Georgette Berger Magritte, and later sold through VanDeRee Auctions before appearing on eBay.

top auction moments of 2025

Artnet News rounds up the standout auction moments of 2025, highlighting both triumphs and disappointments. M.F. Husain's *Untitled (Gram Yatra)* (1954) smashed expectations at Christie's, selling for $13.8 million—more than double the artist's previous record and the first South Asian Modern work to exceed $10 million. In contrast, Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922) fell short of its $50 million estimate at Christie's, missing the artist's auction record, while Alberto Giacometti's *Grande tête mince* (1955) failed to sell at Sotheby's despite a $70 million asking price, underscoring market volatility.

At the Centre Pompidou-Metz, 100 Works to Understand the Double Face of François Morellet

Au Centre Pompidou-Metz, 100 œuvres pour comprendre le double visage de François Morellet

The Centre Pompidou-Metz presents a centenary retrospective of French artist François Morellet (1926–2016), featuring 100 works that explore the dual nature of his practice. Curator Michel Gauthier has divided the exhibition into two mirrored halves—one dedicated to reason and geometric rigor ("the Mondrian side"), the other to disorder and irrationality ("the Picabia side")—reflecting Morellet's own description of himself as the "monstrous son of Mondrian and Picabia." The show traces his evolution from early figurative works and self-taught experiments to his embrace of concrete art, Islamic decorative systems, and systematic absurdity.

Pioneering Modernist Fahrelnissa Zeid Returns to the Spotlight in London

The Turkish-Jordanian modernist Fahrelnissa Zeid is the subject of a new solo exhibition titled "Immersion" at Dirimart London, curated by art historian Adila Laïdi-Hanieh. This marks the artist's first gallery solo show in the United Kingdom this century, featuring several works from her estate that have never been publicly exhibited. The selection spans various periods of her career, highlighting her transition from monumental geometric abstractions to her late-career expressionist portraits.

Sea change: inside LACMA’s new curatorial strategy

The Los Angeles County Museum of Art (LACMA) is debuting a radical curatorial overhaul within its new David Geffen Galleries, moving away from traditional 19th-century departmental silos. Led by Director Michael Govan and a team of 45 curators, the museum is implementing a cross-disciplinary approach that organizes the collection around "oceanic nodes"—the Mediterranean, Atlantic, Indian, and Pacific. This strategy allows for the juxtaposition of disparate media and cultures, such as contemporary photography alongside ancient textiles, to highlight the historical circulation of ideas and people across bodies of water.

painter mary abbott has died

Abstract Expressionist painter Mary Abbott has died at age 98 due to heart failure, as confirmed by McCormick Gallery in Chicago, which represented her for nearly 20 years. Known for her colorful canvases and sweeping brushstrokes, Abbott was praised by the New York Times in 2008 as one of the last great Abstract Expressionist painters of her generation. Despite her early modeling career on Vogue covers and her immersion in the downtown New York art scene alongside figures like Mark Rothko and Willem de Kooning, her work received little scholarly recognition until the 2016 Denver Art Museum exhibition "Women of Abstract Expressionism," which traveled to the Mint Museum and Palm Springs Art Museum.

TEFAF New York 2026: Contemporary Gains Ground

TEFAF New York 2026 is set to feature a stronger contemporary art presence, signaling a shift in the fair's traditional focus on Old Masters and antiques. The event will expand its contemporary offerings, attracting a broader range of galleries and collectors.

At the Menil Collection, Cy Twombly’s Drawing and Discovery

The Menil Collection in Houston is showcasing "The Gift of Drawing: Cy Twombly," an exhibition featuring 27 works selected from a massive donation of 121 pieces by the Cy Twombly Foundation. The show spans four decades of the artist's career, from the mid-1950s to 2005, highlighting his experimental approach to collage, painting on handmade paper, and drawing. Many of these works have never been previously exhibited in the United States, filling significant gaps in the museum's already extensive Twombly holdings.

Joan Mitchell becomes most expensive female artist at auction in Asia with US$17.6m Sotheby's sale

Joan Mitchell’s diptych "La Grande Vallée VII" sold for HK$137 million (US$17.6 million) at Sotheby’s Hong Kong, setting a new record for the most expensive work by a female artist ever sold at auction in Asia. The 1983 masterpiece, part of a celebrated 21-painting cycle dedicated to a grieving friend, led a successful Modern and Contemporary Evening Auction that saw a 100% sell-through rate for its 54 lots. Other notable results included a Mark Rothko canvas that more than doubled its low estimate and significant sales for works by Sanyu and Zao Wou-Ki.

The 10 Best Booths at Art Basel Miami Beach 2025

Art Basel Miami Beach returned for its 23rd edition on December 3, 2025, with VIP previews at the Miami Beach Convention Center. The fair features 283 galleries from 43 countries, alongside nearly 20 satellite fairs including NADA and Untitled Art. Notable sales include a $5.5 million Gerhard Richter painting at David Zwirner and a $15 million Frida Kahlo miniature self-portrait at Weinstein Gallery. Director Bridget Finn expressed optimism about the fair's energy and its role in connecting contemporary art with music, fashion, and film.

10 Must-See Shows during Frieze London 2025

Frieze London 2025 has arrived, bringing with it a sprawling public sculpture exhibition and two art-packed tents in Regent's Park, including the historically focused Frieze Masters. Alongside the main fair, London's galleries are hosting a mix of shows ranging from established favorites to emerging talents, with many exhibitions featuring ambitious sculptural works made from unconventional materials like furniture and driftwood. Notable highlights include Sonia Gomes and Kudzanai-Violet Hwami showing bronze sculptures for the first time, Cai Guo-Qiang's controversial gunpowder canvases at White Cube, and Danielle Fretwell's sumptuous oil paintings at Alice Amati. Artsy has curated a list of 10 must-see gallery exhibitions taking place during the fair.

Gagosian's spring show skips and rhymes through De Kooning's career

Gagosian Gallery in New York has opened "Willem de Kooning: Endless Painting," a non-chronological exhibition curated by Cecilia Alemani that spans the artist's career from 1944 to 1986. The show features institutional loans from MoMA and the Guggenheim, includes two sculptures—including the colossal bronze "Standing Figure" displayed indoors for the first time in nearly 30 years—and runs through June 14. A panel with artists John Currin and Dana Schutz will explore de Kooning's influence on May 15.

Charge of the Indian art brigade

At a Christie’s auction in New York’s Rockefeller Center, an untitled work (Gram Yatra) by MF Husain sold for over Rs 118.7 crore ($13.8 million), becoming the most expensive modern Indian painting ever sold. The buyer is reportedly collector and philanthropist Kiran Nadar. Other record-tying sales include Amrita Sher-Gil’s The Story Teller and Tyeb Mehta’s Trussed Bull, each fetching Rs 61.8 crore at SaffronArt auctions, while a Jagdish Swaminathan painting exceeded estimates at Sotheby’s. These results come amid a 19% rise in the top 50 Indian artists’ sales to $36.2 million, per the 2024 Hurun India Art List.