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Christie’s $1.1 Billion Night Signals a Stunning Rebound for the Art Market

Christie’s achieved $1.1 billion in sales during a single evening auction on Monday, marking a dramatic rebound from the previous year when the three major New York auction houses combined sold that amount over the entire May season. The sale featured trophy works from the collections of S.I. Newhouse and Agnes Gund, with Jackson Pollock’s *Number 7A (1948)* selling for $181.2 million and Mark Rothko’s *No. 15 (Two Greens and Red Stripe)* fetching $98.4 million. Despite the strong overall results, seven of the 16 works in the Newhouse sale hammered below their low estimates, and Constantin Brancusi’s *Danaïde* failed to reach its $100 million estimate, indicating price resistance even for top-tier art.

Christie's nets $1.1bn from back-to-back S.I. Newhouse and 20th century evening sales in New York

Christie's held back-to-back evening auctions in New York, featuring the esteemed S.I. Newhouse collection and a 20th-century evening sale, achieving a combined total of $950 million (or $1.1 billion with fees). The Newhouse sale was a white-glove affair, 100% sold, though entirely backed by third-party guarantees. Highlights included Constantin Brancusi's bronze 'Danaïde' (1913) selling for $107.5 million with fees, a record for the artist, and Pablo Picasso's 'Tête de femme (Fernande)' fetching $48.3 million. Other top lots included works by Piet Mondrian, Joan Miró, Henri Matisse, Francis Bacon, Jasper Johns, Andy Warhol, and Jackson Pollock, with many going to anonymous telephone bidders.

Christie’s Double-Header Totals $1.1 B., With Several Trophy Works Notching New Records

Christie’s held two evening sales on Monday—the S.I. Newhouse collection and a 20th-century art sale—that together generated $1.1 billion across 64 lots. The Newhouse tranche alone made $630.8 million, bringing the cumulative total of the collection to over $1 billion, making it likely the most expensive collection ever sold at auction after Paul Allen’s $1.7 billion blockbuster. Top lots included Jackson Pollock’s *Number 7A, 1948* at $181.2 million (the fourth most expensive painting ever sold at auction), Constantin Brâncuși’s *Danaïde* at $107.6 million, and a Mark Rothko work at $98.4 million.

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.

despite global art market contraction prints are thriving

The print market is experiencing a significant resurgence, defying the broader contraction seen in the global art market. Recent events like the IFPDA Print Fair in New York reported record-breaking attendance of 21,000 visitors, while auction data shows that over 54,000 print lots were sold in 2024—the highest volume in a decade. While total sales value dipped slightly, the decline was far less severe than the 27 percent drop seen in the general fine art sector.

marian goodman gallery dealer dead

Marian Goodman, the revered art dealer known for her steadfast commitment to artists and resistance to market trends, died at 97 in a Los Angeles hospital. She opened her eponymous gallery in 1977 in Midtown Manhattan with a show of Marcel Broodthaers, and over five decades represented major figures including Gerhard Richter, Julie Mehretu, William Kentridge, and Steve McQueen. Goodman began her career by founding Multiples in 1965 to publish affordable editions, and she famously kept her gallery on 57th Street while peers moved to SoHo and Chelsea.

sothebys lauder now contemporary sales report klimt record

Sotheby's held a marathon double sale at its new Breuer Building location, selling Gustav Klimt's portrait of Elisabeth Lederer for $236.4 million—the second highest price ever paid for an artwork at auction. The evening featured works from the collection of the late cosmetics heir Leonard Lauder, totaling $527.5 million, far exceeding its low estimate. The subsequent "Contemporary and the Now" sale brought in $178.5 million, with a Jean-Michel Basquiat painting selling for $48.3 million. Overall, the night generated $706 million, with multiple auction records set for artists including Cecily Brown, Antonio Obá, Yu Nishimura, Jess, and Noah Davis.

guggenheim museum 2026 exhibitions carol bove taryn simon

The Guggenheim Museum has announced its 2026 exhibition lineup, headlined by a Carol Bove survey filling the entire Frank Lloyd Wright–designed rotunda from March 5, 2026. The show, curated by Katherine Brinson, spans 25 years of Bove’s work, including early drawings and her signature twisted metal sculptures. Following Bove’s exhibition, Taryn Simon will take over the rotunda from September 18, 2026, to March 2027, with a photo-based installation that invites visitors to navigate a "whirlwind" of images. Additionally, a group show titled "Guggenheim Pop" will feature Pop art icons like Roy Lichtenstein, Andy Warhol, and Claes Oldenburg alongside contemporary artists such as Maurizio Cattelan, Lucia Hierro, and Josh Kline.

top 10 german art collectors

Artnet News has published a list of the top 10 German art collectors, coinciding with the opening of Art Cologne 2015. The list includes notable figures such as Frieder Burda, who opened his own museum in Baden-Baden; Nicolas Berggruen, the "homeless billionaire" who favors contemporary American and German artists; Christian and Karen Boros, who display their collection in a repurposed Berlin bunker; industrialist Reinhold Würth, whose collection spans from Renaissance to contemporary; former dealer Désiré Feuerle, known for his eclectic mix of Khmer sculpture and contemporary art; and Hasso Plattner, co-founder of SAP and a major collector of Impressionist and modern works.

paint drippings art industry news jun 9

Frieze has announced over 280 exhibitors for its October fairs in London, with around 160 galleries at Frieze London and 120 at Frieze Masters, running concurrently in Regent's Park from October 15 to 19. In auction news, the original Hermès Birkin bag prototype will be sold at Sotheby's Paris on July 10, and Bonhams has appointed Celine Assimon as chief commercial officer. Galleries saw significant moves: Christian Deydier in Paris is closing due to new EU regulations on imported cultural objects, while Carroll Dunham joined Matthew Brown, Cristina Iglesias signed with Hauser and Wirth, and several other artists changed representation. Meanwhile, Tate Liverpool received £12 million in UK government funding plus philanthropic support for its redevelopment, the Royal Academy of Arts named Simon Wallis as its new secretary and chief executive, and the Whitney Museum suspended its Independent Study Program for a year after controversy over censorship of a pro-Palestine performance. The Robert Rauschenberg Foundation made three new appointments, and the Académie de la Grande Chaumière in Paris faces eviction.

phillips modern contemporary 2025 evening sale report

Phillips New York's modern and contemporary evening sale on Tuesday night generated $52 million, a 40 percent drop from the $86 million achieved in the same sale last year. The auction exactly met its pre-sale estimate, but five lots failed to sell and four were withdrawn. Despite the overall downturn, five new records were set for women artists, including Kiki Kogelnik, Ilana Savdie, Olga de Amaral, and Grace Hartigan. The top lot was Jean-Michel Basquiat's *Untitled* (1984) at $6.6 million, followed by works by Ed Ruscha and Donald Judd. Bidding was active for several works, with many going to US buyers, and a painting by Yu Nishimura, newly represented by David Zwirner, sold for more than double its estimate.

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.

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.

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.

miami art week must see 2025

Miami Art Week 2025 is set to be a major destination for collectors and art enthusiasts, featuring a packed schedule of fairs, gallery shows, museum exhibitions, and public art installations across Miami Beach. Key highlights include the Pop Art survey at the Margulies Warehouse showcasing works by Warhol, Lichtenstein, and Johns; the Rubell Museum's first solo survey of Thomas Houseago; a site-specific installation by Igshaan Adams at the ICA Miami; and Jack Pierson's exploration of Miami's influence on his work at the Bass.

new money new taste intel report march 2025

The article, part of Artnet's Intelligence Report, profiles the rise of a new generation of art collectors, exemplified by Justine Freeman, granddaughter of legendary patron Betty Freeman. It highlights how millennials and Gen Z, who accounted for a quarter to a third of bidders at major auction houses in 2024, are reshaping the market by focusing on ultra-contemporary artists like Jadé Fadojutimi and Hilary Pecis, as well as nontraditional collectibles such as sneakers and Hermès bags. Notable sales include Maurizio Cattelan's banana artwork "Comedian" for $6.2 million to a 34-year-old crypto entrepreneur.

15 museum shop gifts were loving

Artnet News has curated a selection of 15 unusual and art-themed gifts available at museum shops worldwide, ranging from a snake-embroidered brooch inspired by Cartier at the Victoria and Albert Museum in London to a 'Souls in Purgatory' magnet from the Morgan Library & Museum in New York, a traditional palm-leaf fan from Al Ain Museum in Abu Dhabi, a gilded sewing kit from the Neue Galerie in New York, and a CD of a Hanne Darboven composition from the Dia Art Foundation. Each item is presented with its price, source museum, and a brief explanation of its appeal, often tying back to specific exhibitions or artworks.

artnet auctions premier prints and multiples

Artnet Auctions has launched its Premier Prints and Multiples sale, live for bidding through April 10, 2025. The sale features important works by artists including Keith Haring, Roy Lichtenstein, Andy Warhol, and Barbara Kruger, with estimates ranging from $7,000 to $70,000. The article highlights the often-overlooked relationships between artists and the printers and publishers who bring their visions to life, using examples such as Peter Blake's collaboration with publisher Paul Stolper on the portfolio "An Alphabet" (2007) and Barbara Kruger's work "Savoir c'est pouvoir" (1989) printed by Derriere L'Etoile Studios.

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.

10 Art Shows to See in Los Angeles This April

April in Los Angeles features a diverse array of art exhibitions, from major institutional retrospectives to politically charged group shows. Highlights include a 60-year retrospective of the influential printmaking studio Gemini G.E.L. at its own space, a survey of the Grunwald Center at the Hammer Museum, and shows celebrating LA performance art icons Bob & Bob and Rachel Rosenthal. The month also sees a newly discovered collection of matchbook miniatures by Joe Brainard and Dave Muller's work on social connection at ArtCenter.

A $15M De Kooning Leads Lévy Gorvy Dayan’s New Auction-Style Sales Experiment

Lévy Gorvy Dayan is launching LGD Hammer, a new live-bidding platform that blends private sales with auction dynamics. The inaugural sale on May 16 will feature a 1984 Willem de Kooning painting estimated at $10–15 million, led by co-founder Brett Gorvy, a former auction veteran. The article also reports on gallery closures (Stephen Friedman Gallery, Galerie Philipp Zollinger, Astor Gallery), artist moves (Zoe Leonard to Maxwell Graham, Kehinde Wiley among creditors), and Sotheby’s upcoming single-owner sale of Joe Lewis’s collection expected to exceed $200 million.

The $53 M. Wingate Collection Comes to Sotheby’s, Led by a $25 M. Giacometti

The collection of modern and contemporary art assembled by David and Shoshanna Wingate over seven decades will be sold at Sotheby's in New York and London on May 19 and 20. The sale, comprising over 50 works by artists like Alberto Giacometti, Mark Rothko, and Wassily Kandinsky, is estimated to fetch between $37 million and $53 million, led by Giacometti's sculpture "La Clairière (Composition avec neuf figures)" with an estimate of $18 million to $25 million.

roy lichtenstein gagosian 2026 gallery exhibition

Gagosian Gallery will open a new exhibition of Roy Lichtenstein's work titled "Painting with Scattered Brushstrokes" in March 2026. The show, drawing exclusively from the Lichtenstein family collection, will feature paintings, sculpture, and works on paper from the 1970s and '80s, focusing on his recurring brushstroke motif. It coincides with a major retrospective at the Whitney Museum and follows a period of intense market activity for the artist's work.

winter show

The Winter Show returns to New York's Park Avenue Armory from January 23 to February 1, 2026, blending blue-chip modernism with decorative arts, design, jewelry, and antiques. The fair features a special presentation titled 'Study of a Young Collector,' curated by Patrick Monahan in collaboration with executive director Helen Allen, which imagines the private study of a next-generation collector using works from 11 international dealers exhibiting for the first time. Notable highlights include Jonathan Boos's presentation of Christo and Jeanne-Claude's early work 'Wrapped Toy Horse' (1963), priced at $450,000, and a rare copper and gilt mask by Harlem Renaissance artist Sargent Claude Johnson from 1933, priced at $245,000. Boccara Gallery also showcases modern and contemporary tapestries by artists like Man Ray and Alexander Calder.

tony shafrazi independent art fair return

Tony Shafrazi, the legendary and controversial New York art dealer, is returning to the art fair circuit for the first time since 2012 with a booth at the Independent 20th Century fair in New York. He is presenting works by Armenian sculptor Zadik Zadikian, whose installation of gold bricks Shafrazi first exhibited in Tehran in 1978 before they were lost in the Iranian Revolution, alongside paintings by Brandon Deener. Shafrazi, now in his 80s, closed his New York gallery in 2011 and was banned from Art Basel in 2012 for breaking the fair's rules.

paint drippings art industry news jul 14

This week's art industry news includes Art Basel appointing Egyptian artist Wael Shawky as artistic director of its first Middle East fair, Art Basel Qatar, running February 5–7, 2026. A new fair called Loading… debuts in Hudson, N.Y., during Upstate Art Weekend, while Vienna Contemporary names Abaseh Mirvali as artistic director. Bonhams offers material from Roy Lichtenstein's Hamptons home, and a legendary Le Birkin handbag sells for €8.5 million at Sotheby's Paris. Galleries see Hollis Taggart adding two artists, Adam Lindemann closing Venus Over Manhattan, and Berlin's Meyer Riegger and Paris's Galerie Jocelyn Wolff opening a joint Seoul gallery. Museums include the Zayed National Museum opening in Abu Dhabi, Shamim M. Momin named director of the Bronx Museum, and the Baltimore Museum of Art acquiring 150 new works. The Art Bridges Foundation and Crystal Bridges acquire 90 Indigenous artworks, and the Schirn Kunsthalle Frankfurt opens a temporary location. In legal news, DHS officials visited the National Museum of Puerto Rican Arts and Culture in Chicago.

phillips tests lichtenstein market vandalized painting priced 20 million

Phillips New York is offering Roy Lichtenstein's 1994 painting *Nudes in Mirror* with a $20 million estimate this fall, despite—or perhaps because of—its history of vandalism. The work, from the Rush Family Collection, was slashed by a mentally unstable woman while on loan to the Kunsthaus Bregenz in Austria in 2005, leaving four 12-inch gashes that have since been expertly restored. Phillips is openly embracing the attack as part of the painting's mythology, detailing the incident in its catalogue and comparing it to other famous acts of art vandalism.

diane arbus haunting new retrospective

The largest-ever exhibition of Diane Arbus's work, titled "Constellation," opens today at the Park Avenue Armory in New York City. Featuring over 450 prints—many previously unpublished—the immersive show debuted at LUMA Arles in 2023 and arrives in the U.S. with its original labyrinthine format. Curated by Matthieu Humery, the exhibition presents Arbus's iconic photographs of marginalized figures, celebrities, and everyday people without chronological or narrative order, emphasizing her equalizing gaze. The prints come from the collection of Maja Hoffmann, who acquired the complete set of printer's proofs from Neil Selkirk, the only person authorized by the Diane Arbus Estate to print from her negatives.

basquiat ruscha sothebys now contemporary art sale may 2025

Sotheby's three-part evening sale in New York on Thursday generated $186.1 million across 68 lots, landing near the high end of its $141 million to $204.9 million estimate. The sale included a focused 12-lot offering from the collection of late gallerist Barbara Gladstone, which sold all works without guarantees and totaled $18.5 million, and a 15-work guaranteed sale from dealer Daniella Luxembourg featuring postwar Italian artists, where Lucio Fontana's 'Concetto spaziale, La fine di Dio' (1963) achieved $14.5 million and Michelangelo Pistoletto's 'Maria Nuda' (1969) sold for $2.7 million after a five-minute bidding war.