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February e-bulletin

Bowdoin College Museum of Art (BCMA) announces the reopening of its upper-level galleries (Assyrian, Shaw-Ruddock, Walker, and Markell) on February 3, 2026, following floor refinishing and reinstallation projects, with additional galleries (Bowdoin, Boyd, Rotunda) set to reopen in March. Three new exhibitions are now on view in the lower-level galleries: "Josefina Auslender: Drawing Myself Free," "Hung Liu: Happy and Gay," and "From Guild to Genius: Inventing 'The Artist' in Western Culture." The museum also highlights the acquisition of Anna Boberg's painting "The Blue Roof [Det blå taket]," a loan of an Edmonia Lewis sculpture to the Peabody Essex Museum for the exhibition "Edmonia Lewis: Said in Stone" opening February 14, 2026, and an upcoming artist talk with Samira Abbassy.

Art exhibit at Arden Fair celebrates ‘power of representation’ during Black History Month

Arden Fair Mall in Sacramento is hosting the Art, Culture & Lifestyle Exhibition, a free showcase featuring the work of 11 local Black artists in celebration of Black History Month. Curated by Berry Accius, founder of Voice of the Youth and Black BluePrintz, and his daughter Adejah Accius, the exhibition includes artists such as Anissa Walker, Katherine Dukes, Betty Davis, Shawntay Gorman, Lyric Worthen, Aliyah Sidge, Art By Brey, Jamillah Williams, Kareem Daniels, and SCO Go Crazy. The display is located on the first floor near the new RH Outlet and will run through the end of February.

Bidding frenzy in Monaco as Fernand Léger painting sells for over €680,000

A Fernand Léger painting sold for over €680,000 at Hôtel des Ventes de Monte-Carlo on February 4, 2026, leading a modern and contemporary art auction in Monaco. The work, previously exhibited at London’s Tate Gallery in 1963 and held in a single family collection, depicts contrasting objects against a blue background. Other strong results included a Constantin Brancusi portrait of James Joyce that reached €95,000 (far above its €15,000–€20,000 estimate), and sculptures by Jean-Michel Folon (€70,000), Niki de Saint Phalle (€76,000), and Robert Indiana (€140,000).

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Mnuchin Gallery, a blue-chip art gallery on Manhattan's Upper East Side, will close at the end of February after 34 years, following the death of its founder Robert Mnuchin in December at age 91. The gallery, known for museum-quality exhibitions of Modern and postwar art, concluded its final show—a survey of Julian Schnabel's plate paintings—on Saturday. Partner Michael McGinnis said the decision to close was made to end on a high note, honoring Mnuchin's passion and vision.

Art Basel Qatar VIP day: fair’s debut encourages patience

Art Basel Qatar opened its inaugural edition to VIPs in Doha, featuring an unconventional 'boothless' format with 87 exhibitors each presenting a solo artist. The fair, curated by artist Wael Shawky, is split between two venues in the Msheireb district, with blue-chip galleries in M7 and more emerging to mid-tier galleries in the Design District. The event is heavily subsidized by Qatar, significantly lowering costs for exhibitors and encouraging a focus on market education over immediate sales.

Modern and contemporary art: exceptional pieces at the Monte Carlo Auction House

The Monte-Carlo Auction House is holding a sale of modern and contemporary art on February 4th. The auction features a diverse catalogue of paintings, sculptures, and design objects, headlined by Fernand Léger's 1932 oil painting "Contrasting Objects on a Blue Background," which carries a high estimate of €800,000.

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Newly released documents from the Department of Justice reveal that the late financier and convicted sex offender Jeffrey Epstein was deeply involved in facilitating major art transactions between mega-collector Leon Black and Gagosian gallery. The files detail Epstein's personal communications with Black's lawyers regarding the acquisition of Pablo Picasso's 1931 sculpture *Buste de Femme (Marie-Thérèse)*, a work that was the subject of a legal dispute before Black acquired it for over $115 million. Epstein also assisted in a complex $48 million swap of a Rothko painting for a Picasso through Gagosian in 2012.

The first Art Basel Qatar heralds a new model for art fairs in the region

Art Basel has launched its first fair in Qatar, adopting a novel format distinct from its other global events. The fair, featuring 87 galleries, requires each to present only one artist and is spread across multiple venues in Doha's Msheireb cultural district, with an open-plan, museum-like layout and special commissioned projects. Artist Wael Shawky serves as artistic director, emphasizing curatorial coherence over commercialism.

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Researchers at Curtin University in Australia have published a study in Communications Earth and Environment providing geological evidence that humans, not glaciers, transported the massive stones used to build Stonehenge. The team tested sediments from streams near the monument and found no signs of glacial activity during the Pleistocene, ruling out the theory that ice sheets carried the megaliths. The stones, including sandstone boulders from the Marlborough Downs and bluestones from Wales, weigh up to 40 tons, but exactly how ancient peoples moved them remains unknown.

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Sotheby’s held its annual modern and contemporary art sale in Singapore on Sunday, achieving $13.1 million across 62 lots with a 94% sell-through rate. The top lot was Adrien-Jean Le Mayeur de Merpres’s *Weavers* (1953) at $1.2 million, followed by Takashi Murakami’s *Blue Signals* (2017) at $1.06 million. New artist records were set for Pacita Abad, whose *Assaulting the eye with Ecstasy* (1984) sold for $389,400, and Singaporean artist Anthony Poon, whose *Colour Waves* (1986) fetched $129,800. Bidders came from Southeast Asia, the US, the UAE, Europe, South Korea, Japan, India, and China.

Modern and Contemporary Art: Exceptional Pieces at the Auction House

On February 4th, 2026, the Monte-Carlo Auction House will hold a sale of modern and contemporary art featuring over 30 lots. The highlight is Fernand Léger's 1932 oil on canvas "Contrasting Objects on a Blue Background," estimated at €600,000–800,000. Other notable lots include a bronze sculpture by Robert Indiana (€140,000–180,000), a Chu Teh-Chun oil on canvas (€200,000–300,000), and works by Edgar Degas, Victor Vasarely, Niki de Saint Phalle, and Picasso. The sale also includes decorative pieces by Roger Capron and Maison Pergay.

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The article reports on a growing trend in the art world called a 'strategic pause,' where galleries and art fairs are temporarily suspending operations to reassess their futures. Vienna's Spark Art Fair announced a hiatus, Berlin dealer Mehdi Choukri is pausing exhibitions at his 30-year-old gallery, and the Art Dealers Association of America's Art Show skipped a year to 'reimagine' its direction. Additionally, the Metropolitan Opera in New York is considering selling its iconic Marc Chagall murals, and a fresh-to-market Magritte painting is heading to Christie's London.

Abundance of botanical forms and monumental paintings reflects optimism at San Francisco’s Fog Design+Art fair

The 12th edition of Fog Design+Art in San Francisco opened with a record-breaking preview gala on January 21, drawing over 2,700 guests. The fair features 65 presentations from local and international dealers, with standout booths including Jessica Silverman's blue-hued works and Hauser & Wirth's $1m sale of Jack Whitten's 'Solar Space' (1971). Large-scale paintings dominate, alongside a notable abundance of botanical imagery, while geometric abstractions outnumber representational works. The fair's director, Sydney Blumenkranz, noted a particularly buoyant mood and strong attendance from tech industry leaders.

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Zona Maco, one of Latin America's premier art fairs, will return to Mexico City from February 4–8, 2026, at Centro Banamex. The fair will feature 241 exhibitors across nine sections, including a new section called Forma, which blends contemporary art and design, and a revised Diseño Emergente section for emerging designers. Notable participants include Pace Gallery, Galleria Continua, Kurimanzutto, and OMR, with curated sections led by Aimé Iglesias Lukin and Manuela Moscoso. Founder Zélika García highlighted the fair's growth and its commitment to showcasing blue-chip galleries alongside emerging and mid-career talent.

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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.

Last Year’s Art Market: Only Works by Proven Artists Survived

The Korea Art Authentication and Appraisal Institute (KAAAI) released its "2025 Art Market Analysis Report" on January 21, 2026, revealing that the Korean art market grew 5.16% in total auction sales to 142.7 billion won, despite a decline in the number of lots offered. The global market saw a similar trend: combined sales at Christie's, Sotheby's, and Phillips rose 11.1% to $4.56 billion, but the number of works sold fell by 33.3%. Demand concentrated on high-priced blue-chip works by artists like Gustav Klimt, Claude Monet, Mark Rothko, René Magritte, and Jean-Michel Basquiat, while ultra-contemporary art sales plunged 39.1%.

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Italian fashion designer and art collector Valentino Garavani died in Rome on January 19 at age 93. Born in Voghera, he moved to Paris for fashion studies, worked for Jean Dessès and Guy Laroche, then launched his own brand in Rome in 1959. Known for elegant gowns worn by icons like Jacqueline Kennedy Onassis and Princess Diana, he retired in 2008. Garavani and his longtime business partner Giancarlo Giammetti built significant art collections; Garavani sold a Basquiat painting for $67 million at Christie’s in 2023, and Giammetti sold another for $93 million in 2021. Garavani also owned works by Warhol, Lichtenstein, and de Kooning. In 2024, he opened PM23, an exhibition space in Rome run by the Fondazione Valentino Garavani and Giancarlo Giammetti, which launched its second show, “Venus,” featuring Joana Vasconcelos, two days before his death.

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Evan Beard, a former Navy intelligence officer and Oxford economics graduate, is launching a new secondary market gallery called Beard & Co. on New York's Upper East Side after leaving Masterworks, the $1 billion art-tech startup where he ran its secondary market gallery Level & Co. Beard's career path includes stints at Deloitte and Bank of America, where he managed art financing operations and worked with major U.S. collectors. His new gallery will employ a half-dozen staff and function as a discreet private bank for collectors, offering services such as art loans, auction guarantees, consignments, and estate planning.

Winslow Homer’s mountaineer and Bob Ross's valley view: our pick of the January auctions

The article highlights five notable artworks heading to auction in January 2025, spanning sales at Christie’s, Sotheby’s, Bonhams Skinner, and Heritage Auctions. Featured lots include Winslow Homer’s *A Mountain Climber Resting* (est. $1.5–2.5M) from the Max N. Berry Collection, Otobong Nkanga’s tapestry *The Pursuit of Bling: The Transformation* (est. £20,000–30,000), Bob Ross’s *Valley View* (est. $30,000–50,000), and Claes Oldenburg’s lithograph *Three Way Plug* (est. $3,000+). Each work comes with distinct provenance—from a Standard Oil heiress to a hardware pioneer—and reflects diverse market segments from blue-chip American painting to contemporary African art and pop-culture collectibles.

Sotheby’s Origins II Returns to Riyadh

Sotheby’s is returning to Riyadh for the second edition of its Origins sale, titled Origins II, with a live auction scheduled for 31 January. The sale will feature over 70 lots spanning Modern and Contemporary Art, Ancient Sculpture, and 20th-Century Design, including works by Saudi pioneer Safeya Binzagr, Iraqi artist Mahmoud Sabri, and Pablo Picasso. The auction coincides with the Diriyah Contemporary Art Biennale and the debut of Art Basel Doha, and will be preceded by a public exhibition at Diriyah’s Bujairi Terrace from 24 to 31 January.

‘Painted Worlds: Color and Culture in Mesoamerican Art’: A colorful journey through time, culture and belief

The Nelson-Atkins Museum of Art has opened 'Painted Worlds: Color and Culture in Mesoamerican Art', a major exhibition featuring over 250 works spanning nearly 3,000 years, from pre-Hispanic times to the present day. Curated by Kimberly Masteller, the show is the first presentation of Mesoamerican art at the museum in nearly 40 years and includes textiles, ceramics, paintings, murals, and codices organized by color categories—white, blue/green/yellow, and red/black—to explore the cultural and spiritual significance of color in Mesoamerican traditions.

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The article examines the growing role of artist estates in the art market, particularly for smaller and emerging galleries. While mega-galleries like Hauser & Wirth have long profited from managing blue-chip estates, a new wave of smaller galleries is now turning to overlooked and under-researched artists who died without established legacies. These galleries invest in building archives, cultivating institutional relationships, and reintroducing artists to contemporary audiences, often at more accessible price points with significant room for growth. Examples include Gunia Nowik Gallery working with the estate of Polish artist Krzysztof Jung and Gianni Manhattan representing Estonian sculptor Anu Põder.

First solo U.S. exhibition for Columbia-based artist to open at Gallery Blue Door

Temi Wynston Edun, a Columbia-based artist originally from Ibadan, Nigeria, will open his first solo U.S. exhibition, “Within Reach of Silence,” at Gallery Blue Door in Baltimore on January 17, 2026. The show features 18 oil-stick-on-canvas works that explore themes of stillness, restraint, and layered meaning through figurative painting, with the exhibition running through April 18, 2026.

Art sales surge with artists like Picasso and Warhol in demand: Guggenheim

Art sales are surging after a two-year slump, according to prominent Canadian art advisor Barbara Guggenheim, CEO of Barbara Guggenheim Associates. In an interview with BNN Bloomberg, Guggenheim noted that collectors are now prioritizing quality, seeking established artists like Picasso and Warhol, and that fresh-to-market works are attracting strong bids. Recent record-breaking sales include Frida Kahlo's self-portrait for $54.7 million and Gustav Klimt's 'Portrait of Elisabeth Lederer' for $236.4 million at Sotheby's. The middle market remains robust, with works like Stuart Davis's 'Municipal' selling for $1.5 million, while lower-priced pieces under $30,000 are harder to guarantee as investments.

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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.

Van Gogh shows in 2026: America, Japan and the Netherlands

A wave of Van Gogh exhibitions is scheduled for 2026 across the United States, Japan, and the Netherlands. Highlights include "Van Gogh’s Sunflowers: A Symphony in Blue and Yellow" at the Philadelphia Museum of Art (June–October 2026), featuring a rare loan of London's National Gallery version alongside Philadelphia's own. Amsterdam's Van Gogh Museum will present "Yellow: Beyond Van Gogh’s Colour" (February–May 2026), while the Kröller-Müller Museum in Otterlo will display all 88 Van Gogh paintings for the first time since 1984 in "Van Gogh, All Our Paintings" (September 2026–January 2027). In Japan, the Kröller-Müller's "The Grand Van Gogh Exhibition" tours Kobe, Fukushima, and Tokyo, and the Van Gogh Museum's "Van Gogh’s Home" is at Nagoya's Aichi Prefectural Museum of Art. Smaller shows take place at the Van Gogh House in Zundert, the Maison du Dr Gachet in Auvers-sur-Oise, and the Foundation Vincent van Gogh Arles.

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Artnet News examines the top five auction results for Jean-Michel Basquiat, whose meteoric rise and tragic death at age 27 fueled a legendary market. The list includes works such as "Versus Medici" (1982), which sold for $50.82 million at Sotheby's in 2021; "El Gran Espectaculo (The Nile)" (1983), which fetched $67.1 million at Christie's in 2023; and "Untitled" (1982), which reached $85 million at Phillips in 2022. The article highlights the artist's synthesis of graffiti and Renaissance aesthetics, his relationships with figures like Andy Warhol, and the explosive growth of his market over the past decade.