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The 20 Most Expensive Artworks Hitting the Auction Block This Season

The May 2026 New York auctions at Christie’s, Sotheby’s, and Phillips will feature 20 high-value lots priced at $30 million or more, including works by Andy Warhol, Jasper Johns, Pablo Picasso, Piet Mondrian, Jackson Pollock, Willem de Kooning, Cy Twombly, Gerhard Richter, and others. The sales are staggered around the Venice Biennale and Frieze New York, with Sotheby’s holding its contemporary evening auction on May 14 and Christie’s its 20th-century sale on May 18. Notable consignments come from the estates of S.I. Newhouse, former MoMA board president Agnes Gund, and dealer Marian Goodman.

Robert Mnuchin's $85.7m Rothko leads Sotheby's $407.5m auction in New York

Sotheby's evening auction in New York on May 13, 2025, realized $407.5 million ($433.1m with fees), led by Mark Rothko's "Brown and Blacks in Reds" (1957) from the collection of the late dealer Robert Mnuchin, which sold for $74m ($85.7m with fees). The sale opened with all eleven lots from Mnuchin's collection achieving a 'white glove' result, totaling $140.7m ($166.3m with fees), and continued with a mixed-vendor contemporary section that added $223m ($266.8m with fees), setting four new artist records.

Bruno Bischofberger, Swiss Art Dealer and Early Backer of Basquiat, Dies at 86

Bruno Bischofberger, the influential Swiss art dealer, collector, and historian, died on Saturday at age 86. He opened his first galleries in Zurich and St. Moritz in 1963, championed American Pop artists like Andy Warhol and Roy Lichtenstein, and became an early backer of Jean-Michel Basquiat, representing him from 1982. Bischofberger also helped found Interview magazine with Peter Brant and was a longtime exhibitor at Art Basel.

The Most Expensive Jean-Michel Basquiat Works Ever Sold at Auction

ARTnews published a listicle ranking the most expensive Jean-Michel Basquiat works ever sold at auction, updated as of May 15, 2026. The article traces Basquiat's rise from street artist under the moniker SAMO to a major figure in the downtown New York scene, highlighting key relationships with Keith Haring, Diego Cortez, and curator Henry Geldzahler. It notes that Basquiat's entire mature output was created between 1981 and 1984, and that his 1983 painting *Museum Security (Broadway Meltdown)* sold at Sotheby's in May 2026 for $52.7 million, placing it among his top sales. The piece also details earlier top sales, including *Untitled* (1982) for $29.3 million at Christie's in 2013 and *Flesh and Spirit* (1982–83) for $30.7 million at Sotheby's in 2018.

This month’s blockbuster auctions in New York could bring upwards of $2.5bn

This month's May auctions in New York are projected to generate between $1.8 billion and $2.6 billion across Christie’s, Sotheby’s, Phillips, and Bonhams. Major highlights include the estates of legendary dealers Marian Goodman and Robert Mnuchin, with top lots such as Gerhard Richter's *Kerze (Candle)* (est. $35m–$50m) at Christie's and Mark Rothko's *Brown and Blacks in Reds* (est. $70m–$100m) at Sotheby's. Additional offerings include works from the late S.I. Newhouse collection, featuring Jackson Pollock's *Number 7A* and Constantin Brâncuși's *Danaïde*, each estimated at $100m, as well as pieces from the collections of Agnes Gund and Marilyn Arison.

10 Shows Around Venice Not to Miss During the Biennale

ARTnews has published a guide to 10 exhibitions in Venice worth seeing during the 2026 Biennale, beyond the central show "In Minor Keys" curated by the late Koyo Kouoh and the national pavilions. Highlights include a major survey of Lee Ufan at the San Marco Art Centre (SMAC Venice), organized by the Dia Art Foundation and curated by Jessica Morgan; "Helter Skelter: Arthur Jafa and Richard Prince" at Fondazione Prada, curated by Nancy Spector; and "Strange Rules" at Palazzo Diedo, conceived by Hans Ulrich Obrist with Mat Dryhurst and Holly Herndon, introducing the concept of "Protocol Art." Other venues include the Gallerie dell'Accademia, Pinault Collection, Berggruen Arts & Culture, Fondazione Sandretto Re Rebaudengo, and a three-night-only performance at Teatro Goldoni.

Mary Lovelace O’Neal, Painter Who Defied the Bounds of Abstraction, Dies at 84

Mary Lovelace O’Neal, the American painter known for her large-scale abstract works that defied easy categorization, died in Mérida, Mexico, on May 10 at age 84. Her death was confirmed by her galleries, Jenkins Johnson and Marianne Boesky, on May 13. Active in the Civil Rights movement of the 1960s, O’Neal developed a distinctive practice that blended Minimalism, Abstract Expressionism, and figurative elements, most notably through her Lampblack series and later the "Whales Fucking" series. Her work gained renewed attention in the 21st century, with exhibitions at Mnuchin Gallery and the Museum of the African Diaspora, and her painting *Blue Whale a.k.a. #12* (1983) was selected for the 2024 Whitney Biennial.

Overlooked Artist Louisa Chase Returns to the Spotlight

Artnet News reports on a solo exhibition at Berry Campbell, New York, dedicated to overlooked American painter Louisa Chase (1951–2016). Titled "Louisa Chase: The Eighties," the show is the largest and most comprehensive survey of her work in 25 years and the first since the gallery began representing her estate. It features a curated selection of works on paper from the mid-1970s to mid-1980s, highlighting Chase's unique synthesis of abstraction and representation that positioned her between Neo-Expressionism and the New Image movement. Chase, who studied under Philip Guston at Yale, had major early success including solo shows at Robert Miller Gallery, appearances at the Whitney Biennial (1981, 1983), and inclusion in the American Pavilion at the Venice Biennale (1984), with works held by MoMA, the Met, the National Gallery of Art, and the Walker Art Center.

Appropriation Culture: Richard Prince and Arthur Jafa

An upcoming exhibition at ArtReview pairs artists Richard Prince and Arthur Jafa to explore the ethics and aesthetics of image appropriation. Jafa's work, such as the video "Love is the Message, The Message is Death" (2016), uses found footage of police violence and Black cultural icons, while Prince's "Girlfriends" series rephotographs amateur snapshots from biker magazines. Jafa has cited Prince as a key influence on his own practice of transposing images across contexts.

15 Art Shows to See in NYC This May

Hyperallergic's May 2025 guide to New York City art shows highlights 15 exhibitions, including a survey of Hawaiian Japanese-American artists from the Metcalf Chateau group at Ryan Lee Gallery, a retrospective of Malian photographer Seydou Keïta at the Brooklyn Museum, and Renée Green's multimedia project 'Secret' at Bortolami Gallery. The article also features Lynette Yiadom-Boakye's quietude-focused works, a meditation on grief and death, and a document of a city devastated by the AIDS crisis through portraits of inanimate objects, among other shows.

A Joan Mitchell diptych and a rare stack by Donald Judd: our pick of the May auctions

The Art Newspaper highlights five major lots from New York's May 2025 auctions. Phillips offers Joan Mitchell's diptych 'Plain' (1989), estimated at $5-7 million, from the collection of late Miami art patron Tina Hills. Christie's presents Donald Judd's rare copper and red Plexiglas 'Untitled (Stack)' (1969), estimated at $10-15 million, from the Minimalist collection of the late Henry S. McNeil Jr. Sotheby's leads with Jean-Michel Basquiat's 'Museum Security (Broadway Meltdown)' (1983), estimated above $45 million, and Mark Rothko's 'Brown and Blacks in Reds' (1957), estimated at $70-100 million from the collection of late dealer Robert Mnuchin.

In Venice, Arthur Jafa and Richard Prince Ask: What Is Appropriate to Appropriate?

Arthur Jafa and Richard Prince are showing their work together in a joint exhibition titled "Helter Skelter" at the Fondazione Prada in Venice. Curated by Nancy Spector, the show explores the artists' shared practice of appropriation, a connection that began when Prince attended the debut of Jafa's video work AGHDRA (2021) and later deepened through conversations about race, property, and self-authorization. Jafa has long admired Prince's approach, calling him "the blackest white artist I know," and the exhibition pairs their works to examine how appropriation functions differently for a Black artist versus a white artist.

Biennale di Venezia 2026. Le grandi mostre da non perdere in città

The article previews major exhibitions in Venice during the 2026 Biennale, highlighting a rich lineup of shows across the city's museums and foundations. Key highlights include a retrospective for Marina Abramović at the Gallerie dell'Accademia, a Peggy Guggenheim exhibition at her former home, and dual shows at Palazzo Grassi and Punta della Dogana featuring artists like Michael Armitage, Amar Kanwar, Lorna Simpson, and Paulo Nazareth. Other notable venues include Fondazione Prada, Ca' Pesaro, and the Museo Correr, with artists ranging from Joseph Kosuth to Jenny Saville.

10 Must-See Shows During the Venice Biennale 2026

The 2026 Venice Biennale is embroiled in multiple controversies, including the cancellation and reinstatement of Australia's representative artist Khaled Sabsabi, ongoing calls to bar Israel from participating, criticism over allowing Russia to participate, and mounting voices to exclude the U.S. in response to President Donald Trump's actions in Iran. Despite these disputes, the article highlights that many of the city's most exciting shows will take place away from the main Biennale venues.

A $35 M. Warhol, a $45 M. Basquiat, and More: Who’s Selling The Top Works in the May Sales?

The article reports on the upcoming May marquee sales at Christie’s and Sotheby’s, detailing high-value consignments from major collections. Christie’s will offer works from the estates of S. I. Newhouse (including a Brâncuși sculpture and a Jackson Pollock painting, each estimated at $100 million), former MoMA board president Agnes Gund (a Rothko estimated at $80 million), and the late dealer Marian Goodman (a Gerhard Richter estimated at $50 million). Sotheby’s counters with a Rothko from the collection of the late Robert Mnuchin (estimated at $100 million) and works from David and Shoshanna Wingate, including a Giacometti sculpture. The article also reveals previously unnamed consignors for top lots, such as collector John Sayegh-Belchatowski for a $45 million Basquiat and the Moore family for an Elizabeth Peyton painting.

The Works, Trends, and Artists Artnet Specialists Can’t Stop Thinking About

Artnet Auctions has three sales currently live: Post-War and Contemporary Art (through May 20), Contemporary Editions (through May 29), and Private Sales for immediate purchase. Three Artnet specialists highlight key lots: Robert Rauschenberg's 'Corridor (Hoarfrost)' (1978), Emily Mason's 'Express Report' (1988), and Andy Warhol's 'Double Mickey Mouse' (1981). The specialists discuss market trends, including the growing importance of artist foundations in supporting scholarship and market health, the rapid revaluation of post-war women abstractionists like Mason, and shifts in the prints market as consignors leverage demand.

Robert Mnuchin’s Storied Art Gallery Townhouse Lists for $35 Million

The six-story, 17,600-square-foot Upper East Side townhouse that housed Robert Mnuchin's blue-chip gallery for over three decades has been listed for $35 million. Mnuchin and his second wife Adriana bought the 106-year-old property in 1983, and after an 18-month renovation, they lived there for 12 years before the gallery occupied the space from 1992 until Mnuchin's death in 2024. The gallery hosted major shows for artists including Willem de Kooning, Jeff Koons, Ed Clark, and Mary Lovelace O'Neal. The listing comes just months after the announcement that Mnuchin Gallery would close, and four months after Sotheby's sold $166.3 million worth of art from Mnuchin's collection.

Sotheby’s $433 Million Contemporary Evening and Mnuchin Sales Kicked Off New York’s May Marquee Auctions

Sotheby's held two major evening sales in New York—the Mnuchin collection sale and The Now & Contemporary Evening Auction—generating a combined $433.1 million. The Mnuchin sale achieved a white-glove result of $166.3 million, led by Mark Rothko's *Brown and Blacks in Reds* (1957) which sold for $85.8 million, while the contemporary auction reached $266.8 million, with Jean-Michel Basquiat's *Museum Security (Broadway Meltdown)* as the top lot. The results fell within presale estimates but marked a 133% increase over last May's contemporary sales.

Rothko from Robert Mnuchin collection fetches US$85.8m, becoming artist’s second-priciest work at auction

A red-and-black Mark Rothko painting, *Brown and Blacks in Reds* (1957), sold for US$85.8 million at Sotheby’s New York on May 14, becoming the artist’s second-most expensive work at auction. The canvas came from the collection of Robert Mnuchin, a former Goldman Sachs partner turned gallerist, and was the star lot of a dedicated 11-lot evening sale that totaled US$166.3 million. The winning bid was placed by Sotheby’s chairman Helena Newman on behalf of a telephone client, with the hammer falling at US$74 million against an estimate of US$70–100 million. The painting was originally owned by Joseph E. Seagram & Sons and hung in the lobby of the Seagram Building, a landmark of corporate modernism designed by Ludwig Mies van der Rohe and Philip Johnson.

Sotheby’s May Auctions: Rothko’s $100M Masterpiece Headlines

Sotheby's is holding its most ambitious May auction series in New York, headlined by Mark Rothko's monumental painting *Brown and Blacks in Reds* (1957), estimated at $70–100 million. The sales include a dedicated auction for the collection of legendary dealer and collector Robert Mnuchin, valued at over $130 million, featuring works by Rothko, Franz Kline, and Jeff Koons. Other highlights include Jean-Michel Basquiat's *Museum Security (Broadway Meltdown)* (1983), estimated at over $45 million, and Willem de Kooning's *Untitled III* (1975), making its auction debut with a $25–35 million estimate. The series spans Modern and Contemporary art, with additional works by Pablo Picasso and Vincent van Gogh.

Ed Ruscha | A Particular Kind Of Heaven (1983) | Art & Prints

Ed Ruscha's 1983 work "A Particular Kind Of Heaven" is being offered at auction through Tate Ward, with current bidding at £100. The piece is an exhibition poster from the Fine Arts Museums of San Francisco, measuring 61 x 92 cm, and is part of Tate Ward's Urban and Contemporary Art London sale. The listing also shows multiple other Ruscha works available from various sellers, including posters and prints from EHC Fine Art Auction, Blond Contemporary, and Baldwin.

Beverly Buchanan’s Anti-Monuments

Beverly Buchanan's outdoor sculptures, such as 'Marsh Ruins' (1981) and 'Unity Stones' (1983), are quietly eroding in landscapes across Georgia, Florida, and North Carolina. These anti-monuments, made from tabby concrete and stone, blend into their surroundings while subtly referencing the region's layered histories, including Indigenous shell middens, plantation ruins, and the 1803 slave revolt on St. Simons Island. Buchanan, who died in 2015, is now receiving renewed attention: her work will be featured at the Venice Biennale this spring, and a touring retrospective is currently at Frac Lorraine in Metz, following a posthumous show at the Brooklyn Museum in 2016–17.

Rothko from Robert Mnuchin’s Estate Sells for $85.8 M., Leading Sotheby’s New York’s $433.1 M. Contemporary Art Sale

Sotheby’s New York held a $433.1 million modern and contemporary art sale at its Madison Avenue headquarters, led by Mark Rothko’s *Brown and Blacks in Reds* (1957), which sold for $85.8 million. The auction opened with 11 works from the estate of legendary dealer Robert Mnuchin, totaling $166.3 million, including a second Rothko and pieces by Willem de Kooning, Franz Kline, and Pablo Picasso. The contemporary art segment followed, with Jean-Michel Basquiat’s *Museum Security (Broadway Meltdown)* (1983) selling for $52.7 million. The overall sale was described by advisers as robust but not particularly exciting, and it significantly exceeded the $186.1 million equivalent sale from last year.

Two Museums Take on Performative Masculinity, Looksmaxxing, Incels, and Other Macho Buzzwords That Don’t Belong There.

The Stedelijk Museum and Kunstmuseum St. Gallen have co-organized an exhibition titled "Beyond the Manosphere: Masculinities Today," which aims to critically examine contemporary masculinity and its online manifestations such as incels, looksmaxxing, and pickup artists. The show features works by artists including Reba Maybury and Richard Serra, and is curated by Melanie Bühler, with directors Rein Wolfs and Gianni Jetzer overseeing the project. The exhibition will travel from the Stedelijk to the Kunstmuseum St. Gallen later this year.

‘It’s really important that the public is not just a silent witness’: Marina Abramović on her Venice Biennale exhibition

Marina Abramović is the first living female artist to have a solo exhibition at the Gallerie dell'Accademia in Venice, where her work will be installed alongside the museum's permanent collection. The show, titled *Transforming Energy*, features interactive 'transitory objects' such as stone beds and crystal-embedded structures that visitors are invited to use, as well as a juxtaposition of her 1983 photograph *Pietá (with Ulay)* with Titian's final masterpiece *Pietá* (1575-76). Abramović, who won the Golden Lion for Best Artist at the 1997 Venice Biennale, emphasizes audience participation over passive viewing, banning telephones and encouraging visitors to spend at least three hours engaging with the works.

Sketches of Spain at arms: Sim, the anarchist illustrator who drew the civil war from the frontline

The Guardian reports on José Luis Rey Vila, known as Sim, an anarchist illustrator who documented the Spanish Civil War from the frontlines in Catalonia. His bold, colorful sketches captured street battles, militias, nurses, and milicianas, and were widely reproduced in booklets and exhibitions, raising international awareness before Picasso's Guernica. After the war, Sim fell into obscurity and died in near-anonymity in 1983. Now, on the 90th anniversary of the conflict, Barcelona's Museu Nacional d'Art de Catalunya (MNAC) is exhibiting 40 recently acquired Sim illustrations, highlighting his role as a key visual chronicler of the conflict.

George Baselitz, Purveyor of the Tortured Male Genius Myth, Dies at 88

Georg Baselitz, the influential German Neo-Expressionist painter known for his emotionally charged, often violent works and his controversial statements about women artists, has died at age 88. His final paintings will be shown in the exhibition "Eroi d’Oro" at the Fondazione Giorgio Cini in Venice starting May 6. Baselitz rose to prominence with his "Heroes" series of monumental male soldiers and his signature "upside down" paintings, which forced viewers to focus on painterly gesture over representation. He was a key precursor to Germany's Neue Wilde movement and confronted Germany's World War II trauma in works that combined expressionistic brutality with Wagnerian grandeur.

Georg Baselitz – a life in pictures

Georg Baselitz, the German painter known for his raw, expressive works and inverted imagery, has died at age 88. Born in 1938 in Deutschbaselitz, he lived through Nazi Germany and East German communist rule, experiences that deeply shaped his art. The Guardian's obituary traces his life through photographs, from his early years to major exhibitions at Thaddaeus Ropac, White Cube, and the Serpentine, highlighting key works such as 'Das Grosse Pathos' (1966) and his 2024 series 'A Confession of My Sins'.

Valie Export, Avant-Garde Icon and Feminist Trailblazer, Dies at 85

Valie Export, the Austrian avant-garde artist known for her radical feminist performances, films, and sculptures, has died at age 85. Her gallery, Thaddaeus Ropac, announced her death, noting her groundbreaking work in the 1960s and 1970s introduced a new form of embodied feminism to Europe. Export, born Waltraud Lehner in Linz, Austria, changed her name in 1967 and became known for provocative works such as "Aktionshose: Genitalpanik" (1969) and "Tap and Touch Cinema" (1968–1971), which challenged voyeurism and the sexualization of women's bodies. She also co-founded the Austrian Filmmakers Cooperative in 1968 and was commissioned by the Austrian Broadcast Corporation for her film "Facing the Family" (1971).

The Making of a Maintenance Artist

A new documentary titled "Maintenance Artist" (2025) traces the decades-long practice of Mierle Laderman Ukeles, a pioneering artist who focused on marginal, unpaid, and feminine labor. The film covers her career from her 1969 "CARE" manifesto, through her role as artist-in-residence at the New York City Department of Sanitation, to her first retrospective at the Queens Museum in 2017. It highlights her critique of art-world gender biases and her efforts to recognize discounted labor in all fields.