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wassily kandinsky painting worth 15 5 m to headline christies 20 21 spring evening sale in london alongside henry moore work 1234773512

Christie's London will offer Wassily Kandinsky's painting *Le Rond Rouge* (1939) with a high estimate of £15.5 million ($21.3 million) in its 20th/21st Century evening sale on March 5. The work, a key piece from the artist's Paris period, has been in prominent collections and was last sold at Sotheby's New York in 2018 for $20.6 million. The sale will also feature a fresh-to-auction Henry Moore bronze sculpture, *King and Queen* (1952-53), estimated at up to £15 million.

jeff koons jeffrey epstein statement studio visit 1234771956

Artist Jeff Koons has issued a statement clarifying his limited interactions with the late financier and convicted sex offender Jeffrey Epstein. Koons confirmed he and his wife attended a dinner at Epstein's home at the invitation of an MIT professor, but denied that Epstein ever visited his studio, contradicting earlier reports based on newly released court documents.

hirshhorn museum loan program 2742425

The Hirshhorn Museum and Sculpture Garden has launched the "50 for 50" loan program, a landmark initiative to disperse over 200 artworks from its collection to museums in all 50 U.S. states and Puerto Rico. Major works by artists like Jackson Pollock, Georgia O'Keeffe, and Willem de Kooning will be loaned for up to five years, with a focus on reaching underserved and rural communities.

london courtauld new contemporary art galleries blavatnik 1234771100

London’s Courtauld Gallery will open two new contemporary art galleries at its Somerset House campus, funded by a £10 million ($13.8 million) gift from the Blavatnik Family Foundation. The top-floor spaces, originally built as a display area for the Royal Society in the 18th century, are expected to debut in 2029. The donation brings the foundation’s total support for the Courtauld to £20 million ($27.5 million), following earlier backing for the museum’s 2021 renovation. The new galleries will be programmed in part by students in the Courtauld’s curating master’s program and will host exhibitions connecting historical and contemporary art.

rijksmuseum sculpture garden 2737060

The Rijksmuseum in Amsterdam has announced an $11.5 million permanent sculpture garden, funded by a €60 million donation from the Don Quixote Foundation. Designed by Foster + Partners and landscape architect Piet Blanckaert, the garden will transform three areas of the museum grounds into a permanent display of Modern and contemporary sculpture, featuring works by Alberto Giacometti, Louise Bourgeois, Alexander Calder, Henry Moore, and Roni Horn. Three existing pavilions will be converted into exhibition spaces, and the garden is slated to open later this year, pending local council approval.

christies london belgian 54 million collection magritte 1234769866

Christie's London will auction a major collection of modern and contemporary art from Belgian collectors Roger and Josette Vanthournout during its March marquee sales week. The collection, estimated at £40 million ($53.8 million), spans six decades of collecting and includes works by René Magritte, Henry Moore, Pablo Picasso, Yayoi Kusama, Lucio Fontana, Agnes Martin, and Max Ernst. It will be offered across three sales: a March 5 evening sale, a March 6 daytime sale, and an online sale from February 25 to March 12. Highlights include Magritte's 'La plaine de l'air' (1940) and Moore's 'Goslar Warrior' (1973–74), each estimated at £3.5–5.5 million.

rijksmuseum new sculpture garden 70m donation don quixote foundation 1234769776

Amsterdam’s Rijksmuseum will open a new sculpture garden in fall 2026, funded by a nearly $70 million donation from the Don Quixote Foundation, which is financed by Dutch billionaire Rolly van Rappard. The garden will be located in Carel Willinkplantsoen park, across the Boerenwetering canal from the museum, and will incorporate three adjacent Amsterdam School-style pavilions renovated by Foster + Partners. Belgian landscape architect Piet Blanckaert will design the gardens, and the museum plans to display works by Alberto Giacometti, Louise Bourgeois, Alexander Calder, Jean Arp, Roni Horn, and Henry Moore, along with temporary exhibitions in the pavilions.

columbia museum new collection galleries renovation 1234769385

The Columbia Museum of Art in Columbia, South Carolina, is unveiling newly reconfigured collection galleries to cap its 75th anniversary and culminate a yearlong renovation. The museum will reopen its collection galleries following a gala on January 16, presenting a newly conceived display across 20 galleries. The reinstalled galleries draw from the museum’s American, Asian, European, and modern and contemporary holdings, including Italian Renaissance works from the Kress Collection, an Asian gallery anchored by Chinese art from the Tang dynasty, and thematic galleries focused on landscape, still life, and art and architecture. The renovation, which began in January 2025, included new lighting and ceilings, reinforced walls, and conservation work on pieces by Sam Gilliam, Teiji Takai, and Benjamin Wilson.

antwerp contemporary art museum controvery 2735239

Belgium plans to revoke the museum status of Antwerp's Museum of Contemporary Art (M HKA) and transfer its 8,000-work collection to Ghent's Municipal Museum of Contemporary Art (Smak), canceling a promised $93 million new building. The proposal by Flemish culture minister Caroline Gennez has sparked resignations, legal challenges, and backlash from artists including Luc Tuymans and Anish Kapoor, who call it unlawful and a threat to cultural independence. A parliamentary hearing is expected in January 2026.

top lots david hockney 2693373

David Hockney's double portrait *Christopher Isherwood and Don Bachardy* (1968) sold for $44.34 million at Christie's New York on November 17, 2025, just shy of its $50 million high estimate. The sale ranks among the highest prices ever for the artist at auction. The article also reviews Hockney's top five auction results, including *The Splash* (1966), which fetched $29.92 million at Sotheby's London in 2020, and *Nichols Canyon* (1980), which sold for $41.07 million at Phillips New York in 2020. All five of Hockney's most expensive works have sold within the past seven years, reflecting sustained demand for his early and mid-career masterpieces.

top auction moments of 2025 2712941

Artnet News rounds up the standout auction moments of 2025, highlighting both triumphs and disappointments. M.F. Husain's *Untitled (Gram Yatra)* (1954) smashed expectations at Christie's, selling for $13.8 million—more than double the artist's previous record and the first South Asian Modern work to exceed $10 million. In contrast, Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922) fell short of its $50 million estimate at Christie's, missing the artist's auction record, while Alberto Giacometti's *Grande tête mince* (1955) failed to sell at Sotheby's despite a $70 million asking price, underscoring market volatility.

what are the 10 best works of art in new york museums let the debate begin 253472

Artnet News critic Christian Viveros-Fauné has published a personal list of the ten best works of art in New York museums, sparking debate among readers. The selection includes iconic pieces such as Giovanni Bellini's *St. Francis in the Desert* at the Frick Collection, Gerhard Richter's *October 18, 1977* at MoMA, Paul Cézanne's *The Card Players* at the Metropolitan Museum of Art, James Rosenquist's *F-111* at MoMA, Diego Velázquez's *Juan de Pareja* at the Met, and Pablo Picasso's *Les Demoiselles d'Avignon* at MoMA, among others.

asia society muhammad artwork censorship 2286435

New York's Asia Society and Museum has been accused of censorship by Islamic art scholars after a virtual tour of its exhibition "Comparative Hell: Arts of Asian Underworlds" blurred two artworks depicting the Prophet Muhammad. The museum acknowledged the error, blaming an outside contractor and insufficient oversight, and announced plans to restore the images to the online tour. The blurred works include a folio from the Falnama (ca. 1555) on loan from the Arthur M. Sackler Museum at Harvard and a manuscript page from the David Collection in Copenhagen showing Muhammad ascending to heaven. The controversy follows a similar incident at Hamline University, where an adjunct professor lost her contract after showing images of Muhammad in an art history class.

princeton university art museum reopening 1234759500

The Princeton University Art Museum (PUAM) reopened after nearly six years, replacing its 1969 building with a 146,000-square-foot complex designed by Adjaye Associates. The new structure features nine interlocking modernist pavilions, a 40-foot mosaic by Nick Cave, and flexible spaces like a central hall convertible into a lecture hall. The museum's collection of 117,000 objects is installed with ahistorical juxtapositions, pairing works such as Andy Warhol's Blue Marilyn (1962) with a 14th-century Virgin and Child, and Titus Kaphar's To Be Sold (2018) with a George Washington portrait. The reopening follows controversy: David Adjaye stepped back from the project in 2023 after allegations of sexual misconduct, which he denied.

sfmoma fisher collection galleries reinstallation 1234762592

The San Francisco Museum of Modern Art (SFMOMA) has announced a major reinstallation of its Fisher Collection galleries, titled “Reimagined: The Fisher Collection at 10,” opening April 18, 2026. The overhaul will feature 250 artworks by 35 modern and contemporary artists across 60,000 square feet of gallery space, organized by thematic and monographic floors. The project is led by curator Ted Mann and chief education officer Gamynne Guillotte. The Fisher Collection, a 100-year loan from the Fisher Art Foundation, includes blue-chip works by Alexander Calder, Gerhard Richter, Andy Warhol, and others, assembled by Gap Inc. founders Donald and Doris Fisher.

christies edlis neeson collection 21st century art stats 2716423

Christie’s evening sale of 21st-century art on Wednesday achieved $123.6 million in total sales, including 19 lots from the collection of the late Stefan Edlis and his widow Gael Neeson. The top lot was Christopher Wool’s *Untitled (RIOT)* (1990), which sold for $19.8 million. The sale had a 97 percent sell-through rate, with 36 of 45 lots guaranteed, and the hammer total of $99.7 million exceeded the presale low estimate of $87.5 million. A notable moment was a seven-minute bidding war for a Diego Giacometti coffee table owned by Edlis and Neeson, which sold for $3.65 million against a $1.5–2.5 million estimate.

magritte bucksbaum collection sothebys sale 2698202

At Sotheby’s Modern evening auction, René Magritte’s 1942 painting *Le Jockey perdu*—which the artist considered a turning point in his career—sold for over $12.3 million, exceeding its high estimate. The work was part of a group of ten consignments from the estate of shopping mall magnate Matthew Bucksbaum and his wife Carolyn “Kay” Bucksbaum, influential collectors and philanthropists who met on a blind date in 1952. Alongside works by Salvador Dalí, Jean Dubuffet, Paul Klee, and Joan Miró, the evening sale netted more than $25 million, with remaining pieces appearing in subsequent day sales.

sothebys leonard lauder contemporary by the numbers 2715607

Sotheby's held a marathon evening sale in New York on Tuesday night, achieving $706 million in total sales—the highest single-evening total in the auction house's history. The standout was the collection of Leonard A. Lauder, which alone brought $527.5 million, led by Gustav Klimt's *Portrait of Elisabeth Lederer* (1914-16) that sold for $236.4 million after a 20-minute bidding war. A second sale of contemporary and ultra-contemporary works added $178.5 million, with Jean-Michel Basquiat's *Crowns (Peso Neto)* (1981) topping that session at $48.3 million. Notably, no lots were withdrawn across both sales, and Asian collectors drove bidding on many high-value lots. Maurizio Cattelan's gold toilet *America* (2016) sold for $12.1 million, drawing only one bid.

christies edlis neeson sale 124 million 2716072

Christie's 21st-century evening sale in New York on Wednesday night achieved $123.6 million, just below its $126 million high estimate and 16% above last year's sale. The sale featured 19 lots from the collection of the late Stefan Edlis and his widow Gael Neeson, which brought in $49.2 million against a $30 million estimate. The top lot was Christopher Wool's "Untitled (RIOT)" (1990), selling for $19.8 million. New auction records were set for Firelei Báez ($1.1 million) and Olga de Amaral ($3.1 million). Only one of 45 lots failed to sell—a Cecily Brown painting estimated at $4–6 million. The sale was characterized by careful use of third-party guarantees and lowered reserves, with art advisor Aileen Agopian noting bidding was "deep and robust" despite a flat atmosphere.

november marquee auction sales midpoint analysis 1234762366

Christie's and Sotheby's November marquee auctions in New York generated a combined $1.4 billion, with Sotheby's achieving a record $706 million from a double-header sale. The highlight was Gustav Klimt's "Portrait of Elisabeth Lederer" (1914–16), sold for $236.4 million from the collection of late cosmetics heir Leonard Lauder, becoming the most expensive modern artwork ever sold at auction. Christie's Monday sale brought in $690 million, falling short of its $731.5 million high estimate but still marking a 42% increase over its equivalent sale last November.

records fall during 706 million night at sothebys turbocharged by blue chip lauder trove 2714943

Sotheby's achieved a record-breaking $706 million auction night at its new global headquarters in the Breuer Building, New York, the highest total in the auction house's 281-year history. The sale was propelled by the collection of late art patron Leonard A. Lauder, whose 24 pieces sold for $527.5 million, led by Gustav Klimt's *Portrait of Elisabeth Lederer* (1914–16) which fetched $236.4 million, becoming the second-priciest artwork ever sold at auction. A subsequent contemporary and ultra-contemporary art sale added $178.5 million.

art gallery of ontario major gift 2714505

The late Toronto collectors Morton and Carol Rapp have donated over 450 artworks by 203 artists to the Art Gallery of Ontario (AGO) from their estates. The gift includes major Pop art works: 13 screen prints by Andy Warhol, including four Marilyn Monroe portraits (1967); works by Robert Rauschenberg, Jasper Johns, Claes Oldenburg (including the sculptural print 'Teabag' from 1966), David Hockney, and Roy Lichtenstein; plus Barnett Newman's 1964 lithograph 'CANTO XVIII', marking the Abstract Expressionist's debut in the collection. The donation also features photography by Yinka Shonibare and Kara Walker. The couple, who began supporting the AGO in 1966, had previously donated 474 works, bringing their total contribution to nearly 1,000 pieces.

sothebys charles stewart supply and demand 1234761813

Sotheby's CEO Charles Stewart told CNBC that the art market has entered a new phase this fall, with supply finally catching up with demand after months of strong bidder activity. New York's marquee auction houses are preparing for sales expected to total more than $1.4 billion, a roughly 50% jump from last year, driven by major consignments including the estate of Leonard Lauder (55 works valued at over $400 million, led by Gustav Klimt's Portrait of Elisabeth Lederer) and collections from Jay and Cindy Pritzker. Christie's highlights include a Monet Nymphéas, a David Hockney portrait, and a Mark Rothko, each estimated at $40–60 million.

trustees bolt palm springs art museum director hire 1234761292

Trustee Patsy Marino resigned from the Palm Springs Art Museum board just one week after Christine Vendredi was appointed director on September 29, 2024. In a resignation letter reported by the Los Angeles Times, Marino alleged that the hiring committee failed to interview any outside candidates, despite two "exceptional" candidates being considered, and cited "inappropriate interference" by the executive committee, individual trustees, and museum staff. Two other board members also left the 22-member body, though the museum claims their departures were unrelated. Vendredi, previously chief curator and interim CEO, has a background in luxury brand management at Louis Vuitton and holds multiple advanced degrees but no prior museum directorship experience.

marquee art sales fall 2025 christies sothebys phillips 1234761496

Christie's, Sotheby's, and Phillips are holding their marquee fall 2025 sales in New York next week, with an unusually high volume of inventory. Christie's alone will offer 80 works on Monday night, and across the week 27 lots carry estimates above $10 million—a stark contrast to the tepid May sales. The season is top-heavy, with the $2 million–$5 million range considered the trickiest. Notable consignments include the estate of Leonard Lauder and the collection of Stefan Edlis and Gael Neeson, while many discretionary sellers remain absent. Day sales feature works with significant price drops, such as a Steve Parrino painting last sold for nearly $1 million now estimated at $300,000–$500,000, and an Avery Singer work that sold for $3 million in 2022 now estimated at $600,000–$800,000. Several pandemic-era speculative purchases are also returning to market at steep discounts.

ex christies chief jussi pylkkanen works trends watch auction season 1234760790

Jussi Pylkkanen, former Christie's chairman, analyzes the upcoming New York 20th and 21st Century Art sales, noting a return to market confidence after strong European auctions in London and Paris aligned with Frieze and Art Basel Paris fairs. Christie's London posted its best October sales since 2018, Sotheby's had its most valuable Paris season, and a Picasso portrait sold for $37 million at Hôtel Drouot. The season shows a shift from speculative buying toward established artists like Bacon, Freud, Picasso, and Klimt, with 27 works valued over $10 million, led by Gustav Klimt's *Portrait of Elizabeth Lederer* from the Leonard Lauder collection, estimated to exceed $150 million at Sotheby's.

sothebys newly relocated to the breuer building reintroduces itself to new york 1234760682

Sotheby's has relocated its New York headquarters to Marcel Breuer's iconic Brutalist building on Madison Avenue, formerly home to the Whitney Museum, the Met Breuer, and a Frick Collection outpost. After a renovation by Herzog & de Meuron that restored original gallery proportions and upgraded infrastructure, the auction house is inaugurating the space with a series of exhibitions featuring three major single-owner collections—Leonard A. Lauder, Cindy and Jay Pritzker, and Exquisite Corpus—estimated at over a billion dollars. Highlights include Gustav Klimts from the Lauder trove, a Van Gogh still life from the Pritzker collection, a Frida Kahlo painting expected to set a record for a woman artist, and a Basquiat work in the contemporary evening sale.

the 2026 preis der nationalgalerie maurizio cattelan 1234760575

Maurizio Cattelan has been awarded the 2026 Preis der Nationalgalerie, administered by Berlin’s Nationalgalerie. The prize, given every two years to an influential contemporary artist, includes a solo exhibition at the Neue Nationalgalerie. Cattelan was selected by a jury of international directors including Emma Lavigne, Sam Keller, and Klaus Biesenbach. His exhibition will open in September 2026 during Berlin Art Week, curated by Biesenbach and Lisa Botti. Cattelan previously co-curated the 4th Berlin Biennale in 2006.

art basel paris vip preview sales report 1234758480

Art Basel Paris opened its VIP preview on Wednesday, following a new invite-only preview called Avant Première on Tuesday. Major galleries reported strong sales, including Hauser & Wirth's $23 million Gerhard Richter abstract, the highest reported sale at the fair. Other notable sales included Julie Mehretu's $11.5 million painting at White Cube, a $4.7 million Bruce Nauman neon at Hauser & Wirth, and a $2.5 million Marlene Dumas painting at David Zwirner. Dealers noted that the staggered two-day opening helped spread out crowds and allowed collectors to return for the official VIP day, with many describing the fair as the most successful edition in Paris to date.

sothebys matthew carolyn bucksbaum magritte jean dubuffett 1234756446

Sotheby's will sell ten works from the Matthew and Carolyn Bucksbaum collection in its fall auctions, with six pieces by René Magritte, Jean Dubuffet, Salvador Dalí, Joan Miró, and Paul Klee featured in the Modern Evening auction on November 20. The group of six works carries a total estimate of $18 million to $24 million, led by Magritte's *Le Jockey perdu* (1942) at $9–12 million and Dubuffet's *Restaurant Rougeot II* (1961) at $6–8 million. Sotheby's executives Julian Dawes and Grégoire Billault emphasized the rarity and importance of these works, noting that the Magritte is the only oil version of its subject and the Dubuffet is one of just three paintings of the iconic Paris restaurant.