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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.

France Passes Landmark Restitution Law for Looted Art

France has passed a landmark restitution law for looted art, marking a significant shift in the country's approach to addressing Nazi-era confiscations and colonial-era acquisitions. The legislation establishes a legal framework for returning artworks and cultural objects to their rightful owners or heirs, streamlining a process that previously required case-by-case parliamentary approval. This law is expected to accelerate the return of thousands of items held in French museums and public collections.

The Marcel Duchamps That Got Away: On Collecting His Work and the Sprawling MoMA Show

The article recounts the author's personal experience as a collector who passed up the opportunity to buy a complete set of Marcel Duchamp's readymades at a 2002 Phillips de Pury and Luxembourg auction. The set, editioned by dealer Arturo Schwartz in 1964, included iconic works like *Fountain* and *Bicycle Wheel*, but the sale was a financial failure, with many pieces bought-in or selling for far below expectations. The author later acquired some of the unsold works privately. The piece is framed around the concurrent Duchamp exhibitions at the Museum of Modern Art and Gagosian.

Picasso Painting That Cost S. I. Newhouse a MoMA Board Position Heads to Christie’s for $55 M.

Christie’s New York will auction 16 masterpieces from the collection of late Condé Nast magnate S. I. Newhouse on May 18, with an estimated total of $450 million. The highlight is Pablo Picasso’s Cubist painting *Homme à la guitare* (1913), estimated at $35–55 million, which Newhouse acquired in 2000 for $10 million after MoMA sold it from its collection. Newhouse, then a MoMA board member, violated museum policy by buying the work and subsequently resigned from the board.

Rare early photographs reveal lost sites featured in Van Gogh’s paintings

Two rare photographic albums taken by art critic Gustave Coquiot in 1922 have been acquired by the newly established Van Gogh Academy in Auvers-sur-Oise, France, and are now on display. The images capture many of the sites in Arles that Vincent van Gogh painted in the late 1880s, including the Yellow House, the Langlois Bridge, and the Rhône riverbank. Several of these locations were later destroyed during World War II or by modernization, making Coquiot's photographs valuable historical records of Van Gogh's original subjects.

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.

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.

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.

Frank Stella’s Personal Collection of Navajo Textiles Goes on View for the First Time

A selection of Navajo textiles from the personal collection of minimalist artist Frank Stella is being exhibited and sold for the first time. The 55 textiles, dating from the late 19th and early 20th centuries, will be on view at Arader Galleries in New York from May 15 to June 10, then travel to Peter Pap Rugs in New Hampshire in June. Priced between $6,500 and $25,000, the collection includes a large 19th-century blanket that Stella lent to a seminal 1972 exhibition at LACMA. Stella began collecting these works in the mid-1960s after being introduced to Navajo art by Donald Judd and Tony Berlant.

Frank Stella’s eye-dazzling collection of Navajo weavings to go on view

An exhibition of Navajo (Diné) weavings from the collection of the late artist Frank Stella opens on 15 May at Peter Pap Rugs at Arader Galleries in New York City, running until 10 June. The show features 40 weavings from the 19th and early 20th centuries, acquired by Stella over four decades for their optical effects and resonance with his own work. Organized by dealer Peter Pap in collaboration with Stella’s widow Harriet McGurk, the exhibition also includes geometric drawings by Stella from the 1960s, on loan from the Frank Stella Estate.

Guggenheim to Screen Artistic Portrait of Soccer Legend Zinédine Zidane

The Guggenheim Museum in New York will screen Douglas Gordon and Philippe Parreno's 2006 film "Zidane, a 21st century portrait" from June 11 to July 19, 2026, timed with the FIFA World Cup. The two-channel video piece follows French soccer legend Zinédine Zidane during a 90-minute match between Real Madrid and Villarreal, captured by 17 cameras to create an intimate, voyeuristic portrait of the player. This marks the film's first showing at the Guggenheim since the museum acquired one of 17 unique editions.

Kiss and Tell! In Venice, Nude Tino Sehgal Work Is Talk of the Town

Laurent Asscher's AMA Venezia foundation in Venice is showcasing Tino Sehgal's live performance piece "Kiss (Clean Version)" during the 61st Venice Biennale. The work features a nude couple reenacting famous kisses from art history, performed by rotating dancers over hours. Asscher acquired the piece after meeting Sehgal, having previously bought a different Sehgal work at a charity auction. The performance has become a standout attraction amid the Biennale's crowded opening week.

Under new ownership, Art Monte Carlo voices 'global ambitions'

The 10th edition of Art Monte Carlo took place from April 29 to May 1 in the Grimaldi Forum, featuring 26 exhibitors ranging from Old Master paintings to contemporary works by Picasso, Warhol, and Richter. The fair was acquired last year by Informa Prestige, a luxury offshoot of Informa, which also owns Miami's Untitled fair. Executive chair John Paton aims to grow the fair, nearly double its size within two years, and expand to another location, leveraging complementary audiences from yachting and supercars.

The US Pavilion Is Taking Online Donations

The American Arts Conservancy (AAC), the nonprofit tasked with executing Alma Allen's 2026 US Pavilion at the Venice Biennale, is soliciting online donations from the public after receiving no corporate or foundation funding. Unlike previous pavilions backed by major foundations like Ford and Mellon, AAC's fundraising relies on private citizens, with a minimum $100 donation requested via its website. The State Department provided $375,000 but requires additional funding, and AAC's Executive Director Jenni Parido, a former pet food store owner, declined to name specific donors, though Instagram posts suggest wealthy Trump allies attended benefit events. Perrotin Gallery, which represents Allen, is providing operational support but not funding.

Art Basel unveils Basel Exclusive and further program highlights for its flagship show in June

Art Basel has announced new program highlights for its flagship fair in Basel this June, including a new initiative called Basel Exclusive. Developed in dialogue with galleries, Basel Exclusive requires participating exhibitors from the main Galleries sector to reserve at least one major work—or an entire presentation—from all pre-fair previews, online viewing rooms, and pre-sales, unveiling them publicly for the first time during the VIP opening on June 16. The fair also revealed the lineup for Unlimited, its platform for large-scale works, which will feature 59 projects by 66 international galleries, curated for the first time by Ruba Katrib of MoMA PS1. Unlimited Night returns on June 18 with extended hours and special performances.

Long-Hidden Keith Haring Artworks Come to Auction

A collection of rare Keith Haring artworks, gifted to his childhood friend Kermit Oswald over nearly three decades, is coming to auction at Sotheby’s Breuer Building in May 2025. The trove includes a self-portrait from 1985 (estimated at $3–5 million), a painted crib and dresser ($250,000–350,000), a carved wood sculpture from 1983 (up to $800,000), and other early works on wood, fabric, and paper. These pieces trace Haring’s artistic evolution before his subway drawings and international fame, and were kept by Oswald, who was Haring’s best friend since kindergarten and later installed his shows.

Un’isoletta tutta dedicata all’arte nel mezzo della Laguna di Venezia. Va avanti il progetto della Fondazione Sandretto Re Rebaudengo sull’Isola di San Giacomo

The Fondazione Sandretto Re Rebaudengo has opened a new art space on the island of San Giacomo in the northern Venetian lagoon, acquired in 2018 by Patrizia Sandretto Re Rebaudengo and Agostino Re Rebaudengo. The island, previously abandoned, has been transformed into a laboratory for art and sustainability, with a gradual opening plan that initially aligns with the Venice Biennale. The inaugural program launched on May 7, 2026, includes a solo exhibition by Matt Copson curated by Hans Ulrich Obrist, a group show titled 'Don’t have hope, be hope!', and a photographic documentation of the restoration process by Giovanna Silva and Antonio Fortugno.

Tate Britain previews new garden at RHS Chelsea Flower Show

Tate Britain is previewing its new garden at the 2026 RHS Chelsea Flower Show, offering a sneak peek of the forthcoming Clore Garden designed by Tom Stuart-Smith and scheduled for completion in 2027. The show garden features Barbara Hepworth's 1949 sculpture *Bicentric Form*, the first work Tate acquired by the artist, alongside Mediterranean plants adapted to London's warming climate, a wildlife pond, and recycled materials from the Millbank site. After the show, the garden will be relocated to Tate Britain.

The Met and Neue Galerie Embark on Historic Merger

The Metropolitan Museum of Art and the Neue Galerie in New York have announced a historic merger set for 2028. The Met will acquire the Neue Galerie's Beaux-Arts mansion, renaming it the Met Ronald S. Lauder Neue Galerie (or Met Neue Galerie), while preserving its museum experience. The merger comes ahead of the Neue Galerie's 25th anniversary and its renovations from May to August 2026. Founder Ronald S. Lauder will remain involved, and the Met will supplement the Neue Galerie's programs, research, and digital initiatives. Major fundraising is underway, with the endowment target of $200 million already 80 percent met, supported by Lauder, his daughter Aerin Lauder Zinterhofer, and trustee Marina Kellen French.

A Vienna Theater Opens Its Prized Klimt Ceiling Paintings to Tours During Restoration

The Burgtheater in Vienna has opened guided tours allowing the public to view Gustav Klimt's ceiling paintings up close for the first time, during a restoration of the works. The 10 paintings, created in the late 1880s by Klimt, his brother Ernst, and Franz Matsch, hang 60 feet above the staircases and were recently cleaned with cotton swabs and purified water after water damage. The tours, which require sturdy footwear, are currently sold out due to high demand.

Museum acquisitions round-up: a rediscovered work by Rosso Fiorentino, a circular painting by Salman Toor and 16th-century gold goblet

The Art Newspaper reports on three notable museum acquisitions: a rediscovered Renaissance painting by Rosso Fiorentino acquired by the Metropolitan Museum of Art, a 16th-century silver gilt goblet by Hans Rappolt I acquired by the Siegerland Museum, and a circular painting by Salman Toor donated to the National Gallery of Art. The Rosso Fiorentino work, 'Madonna and Child with Saint John the Evangelist' (1512/13), was thought lost for centuries and was identified after cleaning revealed a hidden figure. The goblet, made around 1581, is a rare example of Nuremberg goldsmithing and was supported by a €75,000 donation from the German Federal Cultural Foundation. The Toor painting, 'Wandering Beggars' (2022), is the first by the artist to enter the NGA's collection, donated by the Bronzini-Vender family.

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.

Botticelli Painting Banned from Export Will Stay in the UK

A Botticelli painting, *The Virgin and Child Enthroned* (1470s), previously placed under an export ban to keep it in the UK, has been acquired by the Klesch Collection. The work, valued at £10.2 million, will remain in England through a three-year loan to the Ashmolean Museum at the University of Oxford. The painting was bought in 1904 by Harriet Sarah Jones Loyd (Lady Wantage) from Italian dealer Elia Volpi, who had acquired it from the Magherini Graziani family.

Whistleblower Complaint Alleges Misconduct at Palm Springs Art Museum, Where an Ex-Trustee Describes a ‘Shattered Moral Compass’

An anonymous whistleblower has filed a complaint alleging misconduct by leadership at the Palm Springs Art Museum, including improper movement of funds between accounts to address cash shortages, the forced resignation of a former director based on fabricated staff complaints, and a failure to properly interview external candidates for the director position. The complaint, forwarded to ARTnews, also references a $3 million discrepancy in the reported endowment value and the departure of several trustees, leaving the board below its required size. The museum has formed a special committee to investigate the allegations, which were first reported by the Los Angeles Times in November 2025.

Rare Roy Lichtenstein Work Could Net $60 Million at Auction

A long-lost Roy Lichtenstein painting from his iconic 'Girl' series, *Anxious Girl* (1964), has resurfaced after more than 30 years in a private collection and will be offered at Christie’s 20th Century Evening Sale in New York on May 18. The work, one of only 10 comic-inspired female portraits Lichtenstein produced during his breakthrough period between 1963 and 1965, carries an estimate of $40–60 million. The consignor acquired it from legendary Pop art patrons Horace and Holly Solomon over three decades ago.

The Multibillion-Dollar Maneuvers Behind the Met’s Raphael Show

The Metropolitan Museum of Art has opened “Raphael: Sublime Poetry,” the largest survey dedicated to the Renaissance master in the U.S., featuring 33 paintings and 142 works on paper. The exhibition includes loans from 60 public institutions across 11 countries, as well as private loans from billionaire Leon Black, and the estimated aggregate value of the art on view is in the billions of dollars. Curated by Carmen Bambach, the show took eight years to organize and follows her previous triumphs on Leonardo and Michelangelo.

Ary Scheffer en 2 minutes

Ary Scheffer (1795–1858) was a Dutch-born Romantic painter who became a central figure in Parisian artistic and cultural life during the July Monarchy. He was the official portraitist of the Orléans family and created deeply melancholic, spiritual works inspired by Dante, Goethe, and the Gospels. His studio at 16 rue Chaptal, in the Nouvelle Athènes district, hosted legendary Friday gatherings attended by Chopin, Liszt, George Sand, and Dickens, and now houses the Musée de la Vie romantique. Key works include *Le Dévouement patriotique des six Bourgeois de Calais* (1819) and *Les Femmes souliotes* (1827), both acquired by the French state.

New fund helps museums make purchases at Frieze New York

The Sherman Family Foundation Acquisition Fund has launched at Frieze New York, providing $50,000 annually to help US museums acquire works from the fair's Focus section, which features solo stands by galleries under 12 years old. In its first year, the Baltimore Museum of Art acquired works by Reika Takebayashi, Seba Calfuqueo, and Joanne Burke, while the Brooklyn Museum acquired two works by Bettina (Bettina Grossman). Each artist also receives an unrestricted $5,000 award.

Authorship Dispute Erupts Over ‘Hair Dress’ at the Met’s Costume Institute

British artist Anouska Samms has publicly claimed that the Metropolitan Museum of Art's Costume Institute exhibition "Costume Art" includes a dress, Corpus Nervina 0.0 (2023-24), that was based on her collaborative work with Israeli fashion designer Yoav Hadari. Samms alleges that she co-created the original "Hair Dress" with Hadari in 2023 while both were residents at the Sarabande Foundation, and that the Met initially sought to acquire that piece. After negotiations fell through, Hadari instead provided a similar garment attributed solely to him, prompting Samms to demand proper credit via Instagram posts and through her lawyer.