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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.

Mark Rothko Painting Agnes Gund Hung in Her Living Room Sells for $98 M., Setting a Record

A Mark Rothko painting, *No. 15 (Two Greens and Red Stripe)* (1964), formerly owned by prominent art patron and Museum of Modern Art president emerita Agnes Gund, sold at Christie’s on Monday night for $98.4 million (including fees). The work, which Gund purchased directly from Rothko in 1967 and kept in her living room until her death last September, received about a dozen bids before hammering at $85 million to a buyer represented by Christie’s specialist Rachael White Young. The sale broke Rothko’s previous auction record of $86.9 million set in 2012 for *Orange, Red, Yellow* (1961), also at Christie’s New York.

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 Wild Nine-Month Journey that Led to Nathaniel Mary Quinn Designing the Rolling Stones’ New Album Cover

Nathaniel Mary Quinn was commissioned to create the cover art for the Rolling Stones' new album *Foreign Tongues*, due July 10, after a three-way call with Mick Jagger and producer Andrew Watt. Over nine months, Quinn developed a composite portrait merging the faces of Jagger, Keith Richards, and Ronnie Wood, and also redesigned the band's iconic tongue-and-lips logo. The process involved regular conversations with Jagger and Richards, a private rehearsal session, and a lunch at the Baccarat Hotel, culminating in the band choosing Quinn's original composite over a second option featuring a vintage sports car.

Consignors Revealed: The Mystery Sellers Behind the $1.8 Billion May Auctions

Sotheby's kicked off the May auction season with a $433 million sale, including an 11-lot group from the estate of late dealer Bob Mnuchin, led by an $86 million Mark Rothko painting. The three major auction houses are offering $1.8 billion worth of art by low estimate, a 50% increase from last year, driven by consignments from estates of key figures like Mnuchin, philanthropist Agnes Gund, and dealer Marian Goodman. Christie's will stage a sale from publisher S.I. Newhouse's collection expected to bring $450 million, potentially setting records for Jackson Pollock and Constantin Brancusi. The article reveals that many top sellers are anonymous, but unmasked names include the Dennison family and French collector John Sayegh-Belchatowski.

S.I. Newhouse’s 11-Foot-Wide Jackson Pollock Drip Painting Sells for Record-Breaking $181.2 M.

A Jackson Pollock drip painting, *Number 7A* (1948), formerly owned by media magnate S. I. Newhouse, sold at Christie’s on Monday night for a hammer price of $157 million, totaling $181.2 million with fees. The work, measuring nearly 11 feet wide, received over 60 bids in a 10-minute bidding war and set a new auction record for the Abstract Expressionist artist, surpassing the previous high of $61 million set in 2021. The winning bid was placed by a buyer represented by Christie’s global president Alex Rotter, with Swiss mega-dealer Iwan Wirth acting as an underbidder, possibly for collector Laurene Powell Jobs.

Nan Goldin will present major London exhibition at the Hayward in 2026.

American artist and activist Nan Goldin will present a major exhibition titled "You Never Did Anything Wrong" at London's Hayward Gallery from November 24, 2026, through March 7, 2027. This marks her first institutional presentation in the U.K. since 2002 and will conclude the Southbank Centre's 75th anniversary year.

Frieze New York 2026 Reports Major Sales and Acquisitions

Frieze New York 2026 closed its 15th edition at The Shed on May 17, drawing 25,000 visitors from 75 countries and featuring 68 galleries from 26 countries. The fair reported strong sales across market levels, including seven-figure transactions such as El Anatsui's *LuwVor I* sold by White Cube for $2.2 million and Georg Baselitz's *Stunde der Nachtigall* sold by Thaddaeus Ropac for €1.4 million. The inaugural Sherman Family Foundation Acquisition Fund enabled acquisitions by the Brooklyn Museum and the Baltimore Museum of Art, with works by Bettina, Reika Takebayashi, Seba Calfuqueo, and Joanne Burke. Several galleries, including Johyun Gallery and James Cohan, reported sold-out or near-sell-out booths.

New York Art Week 2026 Frieze And TEFAF Report

New York Art Week 2026 featured major art fairs including Frieze New York at The Shed, which drew 25,000 visitors from 75 countries and launched the Sherman Family Foundation Acquisition Fund, placing works by four artists into the Brooklyn Museum and Baltimore Museum of Art. TEFAF New York at the Park Avenue Armory presented over 90 international galleries across historic period rooms, while satellite fairs Independent, NADA New York, and 1-54 Contemporary African Art Fair offered focused alternatives. Auction houses Sotheby's, Christie's, and Phillips opened free spring sale previews featuring highlights such as Roy Lichtenstein's 'Anxious Girl' and the Lewis Collection.

Horst Antes at 90: Major Shows Celebrate German New Figuration Pioneer

German artist Horst Antes, born in 1936, is being celebrated with two major exhibitions timed to his 90th birthday. Galerie Koch in Hannover presents a solo show titled “Horst Antes: Exhibition Marking the Artist’s 90th Birthday,” while the Sprengel Museum Hannover concurrently mounts “A Collection,” featuring roughly 80 works from its holdings. The shows highlight Antes’s pioneering role in New Figuration, particularly his iconic “Kopffüßler” (Head-Footer) character, which appears across paintings, sculptures, and works on paper from 1969 to 2014. The Galerie Koch exhibition also foregrounds his “House Pictures,” which explore architecture through non-hierarchical color planes and ambiguous perspective.

A $433 Million Boost for the Market

Sotheby's May 2026 auctions in New York generated $433.1 million in sales over under three hours, a 132.7 percent increase compared to the same period last spring, despite offering fewer lots. This strong performance signals a top-heavy recovery in the art market after three years of contraction. Separately, the Neue Galerie will merge with the Metropolitan Museum of Art in 2028, and Art Dubai continues despite disruptions from the U.S.-Iran war.

Funding for Ballroom Security Shot Down by Senate Authority, Art Dubai Stages Scaled-Back Edition Delayed by War, and More: Morning Links for May 18, 2026

France's minister of culture has announced the winners of an architecture competition to renovate the Louvre and build a new room for the Mona Lisa. The winning firms are STUDIOS Architecture (founded in San Francisco, now Paris-based) and New York's Selldorf Architects, with BASE handling landscaping. The project, called Louvre Nouvelle Renaissance, was delayed due to criticism over cost and necessity following the October theft of France's crown jewels from the museum. Louvre president Christophe Leribault and the culture minister have refocused the renovation on upgrading security and preserving the aging structure, with a budget of €1 billion ($1.16 billion) and construction set to begin by 2028.

12 Art Books to Kick Off Summer

Hyperallergic's Lakshmi Rivera Amin presents a curated list of 12 art books for summer reading, including a novel lampooning the art world, Megan O'Grady's meditation on art and living, Kory Stamper's exploration of color lexicography, Nan Goldin's reissued photo essay, and Jennifer Higgie's prose poetry novel. The roundup also features Vincenzo Latronico's 'Perfection,' Nina Burleigh's satirical 'Turn Around, Don’t Drown,' and a graphic novel by Naoki Matayoshi and Shinsuke Yoshitake, among others.

A Major Martin Puryear Retrospective Reveals an Artist Who Has Never Stopped Evolving

The Cleveland Museum of Art has opened "Nexus," a major retrospective of Martin Puryear featuring over 50 works, the first comprehensive survey of the artist's career in some time. The exhibition includes rarely displayed early pieces from Puryear's personal collection alongside recent works, organized in consultation with the 84-year-old artist. Highlights include the titular 1979 piece "Nexus" made of Alaskan yellow cedar, and other works like "Night and Day" and "Alien Huddle" that showcase his mastery of wood and cold-molding techniques.

Christie’s S. I. Newhouse Sale Totals $630.8 M., Bringing Cumulative Total to $1 B.

Christie’s evening auction of 16 works from media magnate S.I. Newhouse’s collection totaled $630.8 million with fees, setting multiple records. The top lot was Jackson Pollock’s *Number 7A, 1948*, which sold for $181.2 million after a 10-minute bidding war, more than doubling Pollock’s previous auction record. Other highlights included Constantin Brâncuși’s *Danaïde* (ca. 1913), which set a new record for the artist at an undisclosed price above $82 million, and strong results for works by Joan Miró, Jasper Johns, and Pablo Picasso.

S.I. Newhouse’s Brâncuși Sells at Christie’s for Record-Breaking $107.6 M.

A Constantin Brâncuși sculpture titled *Danaïde* (1913), formerly owned by media magnate and top art collector S.I. Newhouse, sold at Christie’s on Monday night for a hammer price of $93 million, totaling $107.6 million with fees. This set a new auction record for the modernist sculptor, surpassing the previous record of $71.2 million set by another Brâncuși work in 2018. The bronze head with gold leaf and black patina attracted half a dozen bids before selling to a client represented by Maria Los, deputy chairman of client advisory Americas. The work was one of six bronze casts, the only gilded example still in private hands, and had notable provenance, having been purchased by Eugene and Agnes Meyer at Brâncuși’s first solo exhibition in 1914.

$181.2 Million Pollock, $107.6 Brancusi Million Sell at Christie’s, as Records Fall

Christie's New York auctioned 16 works from the collection of late media magnate S.I. Newhouse for a total of $630.8 million, far exceeding the $450 million estimate. The top lot was Jackson Pollock's "Number 7A" (1948), which sold for $181.2 million, setting a new auction record for the Abstract Expressionist and making him the latest artist to join the $100 million club. Minutes earlier, Constantin Brancusi's bronze sculpture "Danaïde" (1913) achieved $107.6 million, also a record for the Romanian modernist and the second-highest price ever for a sculpture at auction.

ArtReview Podcast | Episode 7: Zineb Sedira

The ArtReview Podcast episode 7 features artist and photographer Zineb Sedira in conversation with digital editor Alexander Leissle. Sedira discusses Algerian cinema, the Scopitone, and her new Tate Britain Commission titled "When Words Fall Silent, Cinema Speaks," a site-specific installation in the Duveen Galleries open until January 2027. The episode explores three works chosen by Sedira, including Agnès Varda's "Salut les Cubains" (1963) and William Klein's "The Pan-African Festival of Algiers" (1969), as lenses into her practice and themes of displacement, identity, and cinema as a tool of resistance.

A Contemporary Art Haven Just a PATH Ride Away

Luis Emilio Romero, a Jersey City native, moved from Bushwick to the Monira Foundation's residency at Mana Contemporary in Jersey City, where he now paints intricate, textile-influenced patterns in a calm basement studio. Mana Contemporary, a 2 million-square-foot former tobacco warehouse converted in 2011 by Moishe Mana, Eugene Lemay, and Yigal Ozeri, hosted its Spring Open Studios on May 17, with over one-third of its 300 artists participating—the largest turnout in years. The event featured installations by TLaloC, sculptures by John Chamberlain, and an exhibition of artist books, "Open Book(s): Observations," presented by Pierogi Gallery, Mana, and the Monira Foundation. Pierogi co-owners Joe Amrhein and Susan Swenson also brought their Flat Files containing nearly 4,000 works to Mana for six months to a year.

At the Royal Museum of Fine Arts in Antwerp a major exhibition on Antony Gormley, with more than one hundred works

The Royal Museum of Fine Arts Antwerp (KMSKA) is hosting a major exhibition titled "Geestgrond" dedicated to British sculptor Antony Gormley, running from May 23 to September 20, 2026. Curated by Carolyn Christov-Bakargiev, the show features over 100 works made from diverse materials including clay, stone, wood, glass, bread, iron, lead, and steel. The exhibition places Gormley's sculptures in dialogue with the museum's historical collection, spanning from a 14th-century Flemish Crucifixion to works by James Ensor, Auguste Rodin, and Julio González. It also extends beyond the museum walls into the streets of Antwerp and along the Scheldt River, with works from the Domain and Weave Works series appearing in urban spaces.

M+ in Hong Kong and Centre Pompidou in Paris Plan New Five-Year Partnership

M+ in Hong Kong and the Centre Pompidou in Paris have announced a new five-year partnership beginning next year. The agreement, announced at M+ on May 15, includes lending artworks for exhibitions, collaborative research and commissions, curator exchanges, and a four-year postdoctoral fellowship. A major exhibition focusing on visual culture in France and Greater China will debut at the Pompidou when it reopens in 2029 or 2030, then travel to M+.

Review. VARIOUS OTHERS 2026

The 2026 edition of VARIOUS OTHERS in Munich featured a tightly curated program of exhibitions across participating galleries, institutions, and artist-run spaces. For the first time, the event awarded the "VARIOUS OTHERS Prize" (VO Award) to both a gallery and an off-space: Gallery Sperling and space n.n. won for their respective exhibitions. Notable presentations included solo shows by Paola Siri Renard at nouveaux deuxdeux, Milena Muzquiz at Galerie Rüdiger Schöttle, and a dual exhibition at Knust Kunz Gallery Editions featuring Robert Motherwell and Merce Cunningham. Museum Brandhorst also opened the "Carrying" project with works by international artists.

Our Highlights From Frieze New York 2026

Frieze New York 2026 took place from May 13 to 17 at The Shed in Manhattan, featuring nearly 70 galleries. Highlights included Cindy Sherman’s new photographs at Hauser & Wirth (many sold on preview day, with Leonardo DiCaprio visiting), the Focus section curated by Lumi Tan and sponsored by Stone Island, and the Frame section where Diedrick Brackens’ woven works were acquired by the Brooklyn Museum. Frieze Sculpture at Rockefeller Center, curated by Brett Littman, showcased 14 international artists including Nick Cave and Hank Willis Thomas. Mapuche artist Seba Calfuqueo won the Focus Stand Prize for hair-centered works exploring feminism and indigenous heritage.

Basquiat’s 'Museum Security' leads Sotheby’s New York contemporary evening sale at US$52.7m

Jean-Michel Basquiat's 1983 painting 'Museum Security (Broadway Meltdown)' sold for US$52.7 million at Sotheby's Now and Contemporary Evening Auction in New York, becoming the fifth-most expensive Basquiat ever auctioned. The work, estimated at over US$45 million and backed by an irrevocable bid, hammered at US$45.3 million to a telephone bidder represented by Sotheby's Lucius Elliott. The auction totaled US$266.8 million with fees, selling 40 of 44 lots, and combined with the preceding Robert Mnuchin collection sale—led by Mark Rothko's 'Brown and Blacks in Reds' at US$85.8 million—the evening brought in US$433.1 million.

Picasso–Klee–Matisse: Masterpieces from the Museum Berggruen

The Museum of Fine Arts, Houston will host the U.S. debut of "Picasso–Klee–Matisse: Masterpieces from the Museum Berggruen" from May 20 to September 13, 2026. The exhibition features over 95 works by Pablo Picasso, Paul Klee, Henri Matisse, Alberto Giacometti, and other postwar European avant-garde artists, drawn from the collection assembled by famed gallerist and collector Heinz Berggruen. It explores Berggruen's relationships with artists and his Paris gallery, Berggruen & Cie, and includes thematic galleries on still life, portraits, and the human figure, as well as a dedicated space on Berggruen's life story.

Sad Cowboy

What Pipeline gallery presents "Sad Cowboy," a group show organized for Miguel Bendaña at The Falstaff Project in El Paso, running from May 28 to July 4, 2026. The exhibition features three Detroit artists—Israel Aten, Cay Bahnmiller, and Dylan Spaysky—whose works explore American mythology, masculinity, and identity through collage, drawing, and sculpture. The title references a collage by Bahnmiller incorporating Amiri Baraka's poem "Sad Cowboy," critiquing the lone cowboy myth. Aten's colossal figures blend medieval iconography with video games, Bahnmiller's text-based works deconstruct language, and Spaysky's carbon paper drawings capture disposable media moments.

The art of chaos

The 61st Venice International Art Biennale has opened in Venice, running until November, amid unprecedented turmoil. The main exhibition, "In Minor Keys," was curated by Koyo Kouoh, who died of cancer shortly after presenting her vision featuring 111 artists including Carsten Höller, Alvaro Barrington, and Laurie Anderson. Her death has eliminated the Lifetime Achievement Award this year. Additionally, the Biennale faces a funding crisis as the EU threatens to withdraw its €2 million subsidy over Russia's participation with 38 artists following the invasion of Ukraine. Iran, Nigeria, and Israel are absent from their pavilions, while the US Pavilion, now organized by the American Arts Conservancy under inexperienced leadership, features self-taught artist Alma Allen.

Christie's and the Arts Council Collection to present Close Encounters celebrating 80 years of the Arts Council Collection - Christie's

Christie's London will host 'Close Encounters: Figuration, Painting and Landscape in the Arts Council Collection' from 3 to 23 June 2026, in partnership with the Arts Council Collection to mark its 80th anniversary. The exhibition brings together historical works by artists such as David Hockney, Sonia Boyce, Peter Doig, Lynette Yiadom-Boakye, Michael Armitage, and Claudette Johnson alongside new acquisitions by Christina Kimeze and Vanessa Raw, exploring themes of gender, sexuality, landscape, and Black British women's representation.

Künstler Harald Metzkes ist tot

German painter Harald Metzkes has died at the age of 97 in Wegendorf, Brandenburg, surrounded by his family. His son, sculptor Robert Metzkes, confirmed the news to the German Press Agency. Metzkes, who grew up in East Germany, was a leading figure of the Berlin School of painting and resisted the official doctrine of socialist realism, instead creating a personal "world theatre" of harlequins, circus scenes, and theatrical figures inspired by Rembrandt, Velázquez, and Paul Cézanne. His best-known work includes "Der Abtransport der sechsarmigen Göttin." After training as a stonemason and studying at the Dresden Academy of Fine Arts, he worked as a freelance artist in Berlin, supporting himself with book illustrations. His work gained international attention when one of his paintings was sent to the Venice Biennale in 1984, and after the fall of the Berlin Wall he built connections with Western collectors.

Rothko Sells for $85.8 Million, Almost Surpasses Auction Record

Sotheby’s New York sold Mark Rothko’s painting *Brown and Blacks in Reds* (1957) for $85.8 million on Thursday, making it the second-highest price ever achieved for the artist at auction. The work, part of Rothko’s postwar Color Field series, was offered from the private collection of the late art dealer Robert Mnuchin, whose estate also included works by Willem de Kooning. The Mnuchin sale totaled $166.3 million, with de Kooning’s *Untitled* (1970) fetching $8.8 million and *Untitled XLII* (1983) reaching $10.2 million. Bidding lasted about four minutes, with the winning bid placed via phone with Helena Newman, chairman of Sotheby’s Europe.