Marlene Dumas's painting *Miss January* (1997) will be auctioned at Christie's New York on 14 May with an estimate of $12–18 million, sourced from the collection of Mera and Don Rubell, founders of the Rubell Museum. The work is expected to surpass the current auction record for a living woman artist, held by Jenny Saville's *Propped* (1992) which sold for £9.5 million in 2018.
Geelong Gallery in Australia is preparing to host "Discovering the Impressionists: Paul Durand-Ruel, art dealer among the artists," its most ambitious international exhibition ever, running from 20 June to 11 October. The show features over 70 paintings by Claude Monet, Pierre-Auguste Renoir, Berthe Morisot, Camille Pissarro, and second-generation Impressionists, with most works from a private French collection never before seen in Australia. The exhibition marks the gallery's 130th anniversary and is supported by the Geelong Major Events committee. Separately, the genU artX Regional 2026 exhibition at Rachinger Gallery showcases over 130 works by artists with disabilities or mental illness, on view until 22 May.
The Jiushi Art Museum has officially opened its new permanent home in Shanghai with its inaugural exhibition, "The Shape of Time." The museum, which previously operated as a non-collecting institution without a fixed venue, now occupies a purpose-built space in the city's Huangpu district.
The statute of limitations has officially expired on the 2006 heist at the Museu da Chácara do Céu in Rio de Janeiro, one of the most significant art thefts in Brazilian history. During the chaos of Carnival, armed thieves overpowered guards and stole masterpieces by Claude Monet, Henri Matisse, Salvador Dalí, and Pablo Picasso. Despite the works being valued at over $10 million and listed on international databases like Interpol and the Art Loss Register, the perpetrators were never identified and the art remains missing.
Sotheby’s is preparing to host a major Modern and Contemporary Art Evening Sale at its London headquarters on March 4. The auction features a high-profile selection of works with a total estimated value exceeding £110 million ($140.8 million), anchored by masterpieces from the impressionist and modern eras.
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%.
Yerba Buena Center for the Arts in San Francisco presents 'Bay Area Then,' an exhibition running from August 1, 2025, to January 25, 2026, that surveys the Northern California art scene between 1990 and 2005. Guest curated by Eungie Joo, the show features works by nineteen artists or collaborations, including Manuel Ocampo, Margaret Kilgallen, Bill Daniel, Ruby Neri, and Carolyn Castaño, mixing historical pieces with recent productions by artists who emerged during that era.
The Kawamura Memorial DIC Museum of Art, a private museum near Tokyo that closed permanently in March 2025, has consigned 80 works from its collection of Western modernism to Christie’s. The consignment is expected to generate at least $60 million across multiple sales in New York this autumn, led by a 1907 Claude Monet *Nymphéas* painting estimated at $40 million. Other highlights include a Pierre-Auguste Renoir *Baigneuse* from 1891, two Marc Chagall paintings, and works by artists such as Mark Rothko, Pablo Picasso, and Cy Twombly. The museum’s parent company, DIC Corporation, plans to retain only about 100 works and sell the remaining roughly 280 pieces gradually.
Marius Frank Ajuma opened his first solo exhibition, titled "Janam," at the National Museums of Kenya in Nairobi on August 4, 2025. The show explores life around Lake Victoria, where the artist grew up, featuring vibrant acrylic paintings that depict fishermen, beaches, and the cultural identity of the lake's communities. Ajuma's path to this milestone included training at Mwangaza Art School, a degree in microprocessor technology, a stint in music, and mentorship under artist Patrick Mukabi.
Christie's Spring Marquee Week, held May 12–15, 2025 in New York, generated $693 million in total sales, exceeding the low estimate by 123% and surpassing the auction house's totals from both May and November 2024. The week featured six evening and day sales, led by the $272 million Leonard & Louise Riggio: Collected Works sale, with the top lot being Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922) selling for $47.6 million. Marlene Dumas' *Miss January* set a new auction record for a living female artist at $13.6 million, and additional records were set for Simone Leigh, Emma McIntyre, Louis Fratino, Dorothea Tanning, and Remedios Varo. The overall sell-through rate was 88% by lot, with strong bidding across all price bands.
Christie’s New York spring sales brought in a combined $489 million across two evening auctions, including the Leonard and Louise Riggio collection ($272 million) and a 20th-century evening sale ($216 million). While sell-through rates were high at 94%, bidding was shallow and several high-profile lots underperformed: a Mondrian estimated at $50 million sold for $47.6 million, a Magritte from the Empire of Light series matched its 2023 price at $34.9 million, and a Lucio Fontana canvas that sold for $14 million in 2017 fetched just $7.5 million. Andy Warhol’s Big Electric Chair was withdrawn last minute amid a reported $10 million gap between seller and buyer expectations. The sales were bolstered by third-party guarantees and came hours after news of a temporary US-China tariff détente.
The Artnet Intelligence Report's analysis of 2024 auction data reveals that Postwar and Contemporary art remained the most lucrative market category for the second consecutive year, generating nearly $4 billion. However, this represented a 20.5% decline from 2023, and every major category saw a drop in total sales. Ultra-contemporary art suffered the steepest decline at 37.9% year-over-year, as collectors avoided riskier newer artists amid economic uncertainty. Impressionist and Modern sales fell 19.3% to $3.6 billion, with only one top-five lot—Claude Monet's *Nymphéas* (1914) at $65.5 million—coming from that category. Old Masters shrank 27.8%, with growth only in the under-$10,000 bracket.