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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.

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.

‘I am very decisive’: designer Jennifer Gilbert on what she collects and why

Designer, entrepreneur, and philanthropist Jennifer Gilbert, based in Detroit, is selling select works from her contemporary art and design collections at Sotheby's in New York this spring to fund the opening of her own cultural space, Lumana, in Detroit's Little Village neighborhood. Highlights include Joan Mitchell's 1976 canvas *Loom II* (est. $5m-$7m) and Kenneth Noland's 1958 *Circle* (est. $4m-$6m), with proceeds supporting new generations of artists and institutions. Gilbert, who serves on the boards of Cranbrook Academy of Art and BasBlue, recently featured works from her collection in the exhibition *Seen/Scene* at the Shepherd art space.

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.

‘The story can be almost as important as the piece itself’: philanthropist Christian Levett on his approach to collecting

Philanthropist and collector Christian Levett, who opened the Mougins Museum of Classical Art in 2011 in southern France, closed that institution in 2023 and replaced it with Female Artists of the Mougins Museum, reflecting his growing focus on abstraction by women artists. Levett, a former investment manager, now owns around 1,700 works spanning antiquity to contemporary art, with significant holdings in post-war American art, African cutting-edge works, and the Zero movement. He recently bought Françoise Gilot's 1942 painting 'Geneviève Pensive' privately through Christie's and will speak at Tefaf Talks in New York on a panel titled 'Collecting with a Mission for Public Access.'

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.

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.

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.

At Frieze New York, Business Plunks Along, Leonardo DiCaprio Alights

At the VIP opening of Frieze New York, collectors were present but subdued, with galleries presenting modest displays and sales proceeding at a sensible, sedate pace. Despite the lack of urgency, business has improved since last year, buoyed by upcoming top-tier auctions. Thaddaeus Ropac confirmed four early sales, including a George Baselitz canvas for €1.4 million and an Alex Katz work for $400,000. David Zwirner’s booth of Joe Bradley paintings was among the buzziest, with all works on hold by early afternoon, while Cindy Sherman photographs at Hauser & Wirth sold steadily. Leonardo DiCaprio made visits, and Kelly Sinnapah Mary’s paintings at James Cohan Gallery sold out, the largest to a museum.

Cai Guo-Qiang joins White Cube

White Cube now represents Cai Guo-Qiang, making the British gallery the first to represent the Chinese-born, New York-based artist known for his gunpowder paintings. The announcement coincides with White Cube’s solo presentation of Cai’s ongoing gunpowder painting series featuring birds at Tefaf New York (14-19 May). Cai had a solo show at White Cube’s Bermondsey space last autumn, titled *Gunpowder and Abstraction 2015-2016*, his first London presentation since his large-scale project at Tate Modern in 2003.

Queer eyes in focus, sculpture hits pay dirt and Whistler’s world – the week in art

This week's art roundup from The Guardian highlights a major exhibition of James McNeill Whistler at Tate Britain, showcasing the American artist's impact on Victorian Britain with avant-garde influences from Paris and Japan. Other notable exhibitions include "Gender Stories" at the Walker Art Gallery in Liverpool, featuring works by David Hockney and Grayson Perry; Delcy Morelos's earthy sculptures at the Barbican Centre; and Henry Moore's sculptures at Kew Gardens. The article also covers news of a Nazi-looted portrait found in the home of a Dutch SS leader's family, protests at the Venice Biennale over Israel's inclusion, and the unveiling of Zineb Sedira's film installation at Tate Britain.

$2.2 million El Anatsui work leads Frieze New York 2026 sales.

Frieze New York 2026 opened its 15th edition at The Shed in Manhattan on May 13th with a VIP preview, drawing collectors, museum directors, artists, and celebrities like Leonardo DiCaprio, Julia Fox, and Sharon Stone. The fair features 68 galleries from 25 countries and runs through May 17th, with a $2.2 million work by El Anatsui leading reported sales.

For young dealers, being in New York is key to surviving and thriving

The article examines how young art dealers in New York are adapting to the city's high costs and competitive market during the May art season. It highlights galleries like Europa, Esther, and Gordon Robichaux participating in multiple fairs simultaneously, such as Frieze New York and Independent New York, to maximize sales and visibility. Dealers like Pali Kashi and Silke Lindner emphasize strategic resourcefulness, with some sales already covering fair costs, while referencing artist Josh Kline's essay on how real estate pressures stifle artistic risk-taking.

At the Venice Biennale, the Thrill of Victory, the Agony of Defeat

The article reports on the opening of the 61st Venice Biennale, highlighting the central exhibition "In Minor Keys" conceived by the late Koyo Kouoh, along with national pavilions and collateral events. It notes standout contributions from artists such as Alvaro Barrington, Kaloki Nyamai, Florentina Holzinger, Ei Arakawa-Nash, Li Yi-Fan, and Dries Verhoeven, while describing the American pavilion as lackluster and the overall commercial offerings as uneven. The text also covers performances and exhibitions featuring nudity and body horror, including Tino Sehgal's "The Kiss" and Maja Malou Lyse's video with the collective DIS.

Valie Export, Groundbreaking Feminist Artist Who Questioned the Nature of Art, Dies at 85

Valie Export, the pioneering Austrian feminist artist known for challenging the conventions of art and cinema through body-centered, tactile works, died on May 14 at age 85, three days before her birthday. Her death was confirmed by Thaddaeus Ropac Gallery, which represents her. Over six decades, Export created influential works such as "TAP and TOUCH CINEMA" (1968) and "Action Pants: Genital Panic" (1968), using her own body to question gender norms and the nature of film. Born Waltraud Lehner in Linz, she reinvented herself as VALIE EXPORT in 1967, a name symbolizing her exportation of personal ideas. She was associated with the Viennese Actionists but developed her own expanded cinema practice, producing works like "Abstract Film No. 1" (1967–68) that redefined the medium.

In Pictures: New Museum curator Gary Carrion-Murayari’s Frieze favourites

New Museum curator Gary Carrion-Murayari shares his personal highlights from the Frieze New York art fair, selecting works by artists including Arthur Simms, Haegue Yang, Abel Rodriguez and Aycoobo-Wilson Rodríguez, Sung Tieu, Maryam Hoseini, Pedro Neves, and Melvin Way. Each pick is accompanied by a brief commentary explaining why the work resonates with him, ranging from underappreciated talents to artists featured in the 2024 Venice Biennale.

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.

In Pictures: the best of Venice at Frieze New York

Frieze New York 2025 features a curated selection of works by artists also showing at the Venice Biennale, including Precious Okoyomon, Alma Allen, Dayanita Singh, Alvaro Barrington, and Paulo Nazareth. The fair highlights pieces ranging from Okoyomon's intimate works on paper at Mendes Wood DM to Allen's bronze wall sculpture at Perrotin, priced between $30,000 and $150,000. Other notable stands include Nabil Nahas's fractal-inspired painting at Lawrie Shabibi and P420, Singh's archival photographs at Frith Street Gallery, and Barrington's carnival-themed paintings at Emalin, alongside a sculpture by Sung Tieu.

Hirshhorn Museum and Sculpture Garden Announces 314 New Acquisitions During 50th Anniversary Year

The Smithsonian's Hirshhorn Museum and Sculpture Garden announced 314 new acquisitions in 2025, its 50th anniversary year. The additions span photography, mixed-media works, and contemporary American artists, including pieces by Lorna Simpson, Sarah Sze, Mickalene Thomas, Danny Lyon, Graciela Iturbide, Adam Pendleton, and Mark Bradford. Major gifts include a multi-year donation from collectors Doug and Toni Gordon of 176 works forming an archive of Pendleton's works on paper, as well as 13 contemporary Chinese works tied to a 2022 exhibition. The museum also acquired nine architectural photographs by Ezra Stoller documenting its 1974 opening and 19 prints by Joel-Peter Witkin.

Ten years on, Tefaf New York still stands out from the crowd

Tefaf New York returns to the Park Avenue Armory from 15 to 19 May, bringing together 88 exhibitors from 14 countries. The fair, which launched in 2016 as a two-part event and consolidated into a single annual edition in 2022, spans Greco-Roman antiquities, jewellery, 20th-century design, and contemporary art. This year’s edition includes nine new exhibitors such as David Lévy, Larkin Erdmann, Piano Nobile, Macklowe Gallery, and ML Fine Art, and sees the return of John Berggruen after a three-year absence. Fair leadership, including director Leanne Jagtiani and head of fairs Will Korner, emphasize the fair’s distinctive focus on Modern art, which they say differentiates it from other spring fairs in New York that are more heavily weighted toward contemporary work.

Bodies, Bodies, Bodies: Artists Revisit the Nude in Shows Across New York

This spring in New York, multiple exhibitions are revisiting the nude as an artistic genre, with artists exploring themes of flesh, harm, aging, and political oppression. Notable shows include Seung Ah Paik's "Self Configuration" series at Bortolami, where she paints distorted self-portraits that recall Surrealist and feminist traditions, and Joan Semmel's self-portraits at Alexander Gray Associates, which continue her decades-long focus on the nude body. These shows are part of a broader trend that also includes the New Museum's "New Humans: Memories of the Future."

Bringing back the salon: UK organisation aims to revive Brighton's contemporary art scene

The Adelaide Salon, a new arts organization founded in 2024 by Pascal Dowers and Paulina Anzorge, is staging a ticketed contemporary art event at Brighton's Royal Pavilion on 30 May, featuring live art and performance. This follows the organization's earlier exhibitions at their home in Adelaide Crescent and a current takeover of the Founders Room at Brighton Dome with the exhibition Act O (until 25 May), part of the Brighton Festival. The salon aims to revive Brighton's art scene after notable losses, including the 2023 closure of Brighton University's Centre for Contemporary Art (CCA) and the withdrawal of Arts Council funding at Fabrica gallery.

Beer With a Painter: Keith Mayerson

Hyperallergic interviews Los Angeles-based painter Keith Mayerson, who discusses his ongoing 'My American Dream' series—a cosmology of paintings blending American identity, activism, and popular culture. The conversation covers his early influences from comics, the Muppets, and Hunter S. Thompson, his transition from cartooning to painting, and his vibratory, swirling brushwork. Mayerson's work has been featured in the 2014 Whitney Biennial and is currently on view at the Aspen Art Museum and the Pollock-Krasner House.

From Normal to Ania Magliano: your complete entertainment guide to the week ahead

The Guardian's weekly entertainment guide includes a section on art exhibitions, highlighting two shows opening in the UK. Godfried Donkor's solo exhibition at Firstsite in Colchester runs from 22 May to 30 August, weaving stories of resistance from Boudicca to Yaa Asantewaa through collage, painting, and textile. Delcy Morelos's installation at the Barbican in London, running until 31 July, fills the space with huge mounds of earth, clay, and spices to create immersive environments based on Andean and Amazonian knowledge. The guide also mentions Phantasmagoria at the Henry Moore Institute in Leeds, exploring video games and digital art.

‘I couldn’t believe we weren’t falling over ourselves for it’: Asia-Pacific art finally conquers Britain

The Victoria and Albert Museum (V&A) in London has opened "Rising Voices: Contemporary Art from Asia, Australia and the Pacific," a major exhibition produced in partnership with the Queensland Art Gallery | Gallery of Modern Art (QAGOMA) in Brisbane. Featuring over 70 works never before exhibited in the UK, the show draws from QAGOMA's Asia Pacific Triennial of Contemporary Art (APT), which began in 1993. Highlights include Michael Parekōwhai's sculpture of a Māori bouncer, Montien Boonma's terracotta bell installation, and Takahiro Iwasaki's intricate wooden model. The exhibition is the first APT survey to be held outside Australia and Chile, arriving after years of planning by V&A exhibitions director Daniel Slater.

Renowned feminist artist and film-maker Valie Export dies aged 85

Valie Export, the Austrian performance artist and film-maker known for her provocative feminist works that challenged the male gaze, has died at age 85. Her foundation announced she died in Vienna on Thursday, three days before her 86th birthday. Export gained notoriety in the late 1960s for low-budget performances such as "Tapp und Tastkino" (1968), where she invited shoppers to touch her bare breasts through a tiny curtain strapped to her chest. She also co-founded the Austrian Filmmakers Cooperative, participated in documenta (1977, 2007) and the Venice Biennale (1980), and was a professor of multimedia and performance at the Academy of Media Arts in Cologne.

VALIE EXPORT, pioneering artist who centred the female body, 1940–2026

VALIE EXPORT, the pioneering Austrian feminist artist known for her provocative performances centered on the female body, has died at age 85. Born in Linz in 1940, she adopted the name VALIE EXPORT in 1967 and quickly rose to prominence with iconic actions such as *TAP and TOUCH Cinema* (1968) and *Action Pants: Genital Panic* (1968), which challenged passive representations of women. Her work spanned photography, film, and expanded cinema, and she participated in major international exhibitions including documenta 6 and 12, and the Venice Biennale, where she and Maria Lassnig became the first women to represent Austria in 1980.

The Interview: Steven Soderbergh

Steven Soderbergh discusses his new film *The Christophers* (2025), which follows a cantankerous artist and his young assistant tasked with forging his unfinished works, exploring themes of authorship, originality, and the ethics of art-making. In an interview with ArtReview, Soderbergh also addresses his recent use of AI in a documentary about John Lennon, defending the technology as a creative tool akin to his own filmmaking process, and reflects on his career spanning genres from indie dramas to studio blockbusters.

Hirshhorn Museum Collection Tops 13,000 as Major 50th-Anniversary Acquisitions Announced

The Hirshhorn Museum and Sculpture Garden in Washington, DC, acquired 314 works in 2025, bringing its collection to over 13,000 pieces. The acquisitions, announced in conjunction with the museum's 50th anniversary, include major works by Lorna Simpson, Sarah Sze, Mickalene Thomas, and Adam Pendleton, as well as photographs by Graciela Iturbide, Danny Lyon, Ezra Stoller, and Joel-Peter Witkin. The museum also received 176 works by Adam Pendleton as part of a multiyear gift from collectors Doug and Toni Gordon.

'Trusting that first reaction is important': Nacho Polo and Robert Onuska on the process of collecting

Nacho Polo and Robert Onuska, co-founders of the design gallery Studiotwentyseven, discuss their art collection in an interview with The Art Newspaper. Housed in their Tribeca apartment, the collection spans painting, sculpture, and photography with an emphasis on materiality and sculptural form. They recount their first acquisition—Ron Gorchov's *Autolykos* (2019)—and their most recent purchase, Alex Katz's *Nine Women 5* (2009). The couple also shares their instinctive buying process, a regret over missing a Nick Cave sculpture, and their anticipation for the Jean and Terry de Gunzburg collection at Sotheby's this spring.