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work of the week pablo picasso tete dhomme a la pipe

Loïc Gouzer, founder of the auction app Fair Warning, partnered with Christie's to sell Pablo Picasso's drawing *Tête d'homme à la pipe* (1971) in a hybrid in-person and digital auction on May 15. The work, estimated at $6–8 million, hammered for $6.6 million ($7.79 million with fees) to a phone bidder at Coco's at Colette in New York's GM Building, with Jussi Pylkkänen officiating. Notable attendees included collectors Alberto Mugrabi and David Mugrabi, and dealer Joseph Nahmad. The drawing, executed two years before Picasso's death, depicts a musketeer inspired by *The Three Musketeers* and had never been auctioned before.

getty luis de morales christ painting restoration

The Getty Museum in Los Angeles has acquired and restored Luis de Morales's "Christ Carrying the Cross" (c. 1565), a 16th-century Spanish Renaissance painting. The work, which had been covered in discolored varnish and enlarged with wooden strips, was carefully conserved by Getty conservator Kari Rayner, who removed non-original paint to reveal the artist's original composition. The painting first appeared at auction in 2021 at Nagel Auktionen, initially attributed to Morales's studio with a €10,000 estimate, but later sold for €1.2 million before the Getty acquired it from the Daniel Katz Gallery.

sothebys 70 million alberto giacometti

Sotheby's has secured a $70 million Alberto Giacometti sculpture, *Grande tête mince (Grande tête de Diego)* (1955), for its evening sale of Modern art on May 13 in New York. The bronze bust of the artist's brother Diego is the highest-priced lot known to be offered in the upcoming high-stakes auctions. Consigned anonymously from the collection of late real estate tycoon Sheldon Solow, the work is being sold by the Soloviev Foundation to raise funds for philanthropic activities, including support for the Metropolitan Museum of Art. The sculpture, one of six casts, is described as the only 'richly painted' version and was included in Giacometti's 1956 Venice Biennale presentation.

Tate Britain will Exhibit ‘90s Art and Fashion, and Other News.

Tate Britain will stage "The 90s: Art and Fashion" in autumn 2026, guest curated by Edward Enninful, featuring nearly 70 artists, designers, and photographers including Steve McQueen, Damien Hirst, Alexander McQueen, and Vivienne Westwood. The exhibition explores how the decade reshaped British cultural identity through art, fashion, and social commentary, highlighting DIY anti-fashion aesthetics and themes of identity, race, class, and representation. Separately, Gagosian opened a new ground-floor flagship at 980 Madison Avenue in New York, replacing its longtime sixth-floor space after 37 years. A rare 17th-century Mughal astrolabe is heading to Sotheby's London with a £1.5–2.5 million estimate. Fondazione Sozzani launched an award for emerging creative talent. A Manhattan federal jury ordered art publisher Michael McKenzie to pay $102.2 million in damages to the Morgan Art Foundation for producing unauthorized works by Robert Indiana.

frankenthaler climate initiative max hollein met tips

The article reports on several moves in the art world: the Frankenthaler Climate Initiative opens its sixth grant cycle with over $17.5 million awarded to date for clean energy in visual arts. Gallery news includes P·P·O·W now representing Phoebe Helander, Séverin Guelpa joining Fabienne Levy Gallery, Catinca Tabacaru taking on Andrei Nițu, and Roland Augustine stepping down from Luhring Augustine. Bonhams saw a 9% revenue decline in 2024, part of broader auction house drops, and was sold to Pemberton Asset Management. The piece also highlights an interview with Met director Max Hollein on the museum's global identity.

barnes foundations coo heritage auctions sales

The Barnes Foundation has promoted Will Cary to Executive Vice President and Chief Operating Officer, where he will oversee new revenue initiatives, the Calder Gardens partnership, and a newly formed Brand department. Bukia Vakhania Gallery (formerly Gallery Artbeat) is opening a Berlin location on January 15 with a solo show by Nina Kintsurashvili. Heritage Auctions reported $2.2 billion in sales for 2025, its highest-ever annual total, driven by coins, comics, sports memorabilia, and illustration art. Antenna Space will open a Hong Kong outpost in March 2026, directed by Jeff Li. A Deloitte Private and ArtTactic report reveals that 50% of non-bank art lenders experienced loan defaults in 2024, up from 17% in 2023.

art world joe rogan onx expands and more industry moves

This week's art industry moves include Allison Blais being named President and CEO of the Wadsworth Atheneum, succeeding Jeffrey N. Brown. The Onassis Foundation's ONX art-and-tech hub is expanding with a new Tribeca space opening in January 2026, debuting with the exhibition "TECHNE: Homecoming." Other appointments include Frank Lord joining Withers as senior counsel, Matthew Stavro becoming Senior Specialist at Freeman's, and Madeline Cornell as Sales Director at Morgan Presents. Galleries announced new artist representations: Anthony Meier and von Bartha jointly represent the estate of Barbara Stauffacher Solomon, Jessica Silverman now represents Lava Thomas, Kendall Koppe represents Michael Bühler-Rose, and David Kordansky Gallery takes on Tristan Unrau. The Spector Craft Prize launches with Crystal Bridges Museum partnership. A blue diamond pendant known as the Mellon Blue sold at Christie's for $25 million, a 22% drop from its previous sale. The New York Times explores whether artist-podcaster Joshua Citarella could be the "Joe Rogan of the left."

louise fishman van doren waxter

Louise Fishman (1939–2021), a Queer Jewish abstract painter who deliberately distanced herself from the macho tradition of Abstract Expressionism, is the subject of a new exhibition at New York’s Van Doren Waxter. Titled “Louise Fishman: Always Stand Ajar,” the show features 10 late paintings from 2003 to 2013, all titled after verses by American poets Emily Dickinson and Wallace Stevens. The works, priced from $75,000 to $290,000, are part of an effort by Fishman’s widow, Ingrid Nyeboe, to cement the artist’s legacy as an unsung “Queer queen of abstraction.” The gallery began representing Fishman’s estate in 2024, and this is its first show dedicated to her.

joe chialo resigns as berlins culture senator creative australia funding questioned napoleon sword heading to auction

Berlin's culture senator, Joe Chialo, has resigned due to a dispute over deep budget cuts to the city's arts sector. He stated that the planned cuts would force the closure of nationally renowned cultural institutions, and he stepped down to allow for new perspectives. Meanwhile, Australia's center-right Liberal-National Coalition has proposed cutting over 10 percent of funding to Creative Australia, the body that organizes the country's Venice Biennale pavilion, redirecting the money to support Jewish arts and broadcasting in Melbourne. This follows controversy over Creative Australia's decision to drop artist Khaled Sabsabi as Australia's Venice Biennale representative.

Christie’s Posts ‘Rock Solid’ Contemporary Sale, Led by Marian Goodman’s Gerhard Richters

Christie’s 21st-century evening auction in New York on May 20 brought in $162.7 million, a 69 percent increase from the same sale last year and the house’s highest New York evening total in the category since 2021. The sale featured 42 lots, including a single-owner collection of Minimalist works owned by Henry S. McNeil Jr. and eight Gerhard Richter works from the collection of the late gallerist Marian Goodman. The top lot was Richter’s photorealistic painting *Kerze (Candle)* (1982), which sold for $35.1 million, falling short of its $50 million high estimate. Other notable results included a Donald Judd Plexiglas stack that sold for $12.8 million and works by Richard Artschwager and Carl Andre that far exceeded their low estimates.

Robert Mnuchin’s Storied Art Gallery Townhouse Lists for $35 Million

The six-story, 17,600-square-foot Upper East Side townhouse that housed Robert Mnuchin's blue-chip gallery for over three decades has been listed for $35 million. Mnuchin and his second wife Adriana bought the 106-year-old property in 1983, and after an 18-month renovation, they lived there for 12 years before the gallery occupied the space from 1992 until Mnuchin's death in 2024. The gallery hosted major shows for artists including Willem de Kooning, Jeff Koons, Ed Clark, and Mary Lovelace O'Neal. The listing comes just months after the announcement that Mnuchin Gallery would close, and four months after Sotheby's sold $166.3 million worth of art from Mnuchin's collection.

Richter and Judd works top Christie's solid if not stellar sale of post-war and contemporary art

Christie’s held a two-part evening sale on May 20, featuring 42 lots from the estate of dealer Marian Goodman and the single-owner collection of Henry S. McNeil Jr. The auction achieved a hammer total of $132 million ($162.6 million with fees), just above the low end of its pre-sale estimate. The top lot was Donald Judd’s untitled plexiglass and copper stack sculpture, which sold for $12.8 million with fees, setting a new record for a Judd stack at auction. A surprise standout was Richard Artschwager’s Two-Part Invention (1967), which hammered at $500,000—more than six times its high estimate. The McNeil collection achieved a white-glove sale, while all but two of the eight Gerhard Richter works from the Goodman collection were guaranteed by third parties.

Robert Mnuchin’s Rothko Sells at Sotheby’s for $85.8 M., Narrowly Missing a Record

A Mark Rothko painting, *Brown and Blacks in Reds* (1957), formerly owned by the late influential art dealer Robert Mnuchin, sold at Sotheby’s on Thursday night for $85.8 million. The work hammered at $74 million, falling short of the upper end of its $70–$100 million estimate, but with premium fees it became the second-most expensive Rothko ever sold at auction, narrowly missing the artist’s record of $86.9 million set by *Orange, Red, Yellow* (1961) in 2012. The painting was part of a sale devoted to Mnuchin’s collection, which also included works by Willem de Kooning, Pablo Picasso, Franz Kline, and Jeff Koons.

Gulf art market feels the force of Middle East conflict

The ongoing conflict in the Middle East, involving the US, Israel, and Iran, has disrupted the Gulf region's art market. Key events like Art Dubai have been postponed, and the inaugural Frieze Abu Dhabi faces uncertainty, as the area's stability—crucial for attracting international dealers and auction houses—is now in question.

sothebys robert mnuchin collection rothko

Sotheby’s has secured the personal collection of the late financier and legendary art dealer Robert Mnuchin for its marquee May auctions in New York. The 24-work consignment is headlined by Mark Rothko’s 1957 masterpiece 'Brown and Blacks in Reds', which carries an estimate of $70 million to $100 million. The collection also features significant works by Willem de Kooning, Franz Kline, and Jeff Koons, reflecting Mnuchin's lifelong dedication to postwar abstraction and the New York School.

picasso christies hong kong industry moves

Christie's Hong Kong is offering Pablo Picasso's 1944 painting *Buste de femme* with a high estimate of HK$106 million (about $13.6 million) at its 20th/21st Century evening sale, making it the top lot in Hong Kong's September sales across the three major auction houses. Other notable lots include Zao Wou-Ki's *7.3.63* (estimate HK$70–90 million) at Christie's and two Yoshitomo Nara works at Sotheby's and Phillips. In other industry moves, New York's Tilton Gallery is closing after its upcoming Ruth Vollmer exhibition; Esther Schipper Gallery now represents Lotus L. Kang; Başak Doğa Temür and Nilbar Güreş will collaborate on the Turkish Pavilion at the 2026 Venice Biennale; Yan Du Project has appointed Billy Tang as artistic director; and Phillips will auction a juvenile triceratops skeleton in New York.

matt bangser art intelligence amy cappellazzo

Matt Bangser, a longtime director at Blum gallery (formerly Blum & Poe), will join Art Intelligence Global (AIG) as senior director on September 8. Bangser spent 16 years at Blum overseeing global sales and securing major estates like Robert Colescott, and previously held senior posts at Van de Weghe Fine Art, Phillips, and Christie's. His move follows the closure of Blum's Los Angeles and Tokyo galleries last month, when founder Tim Blum announced he was leaving the traditional gallery model. AIG co-founder Amy Cappellazzo said Bangser's experience across galleries, auction houses, and artist studios made him a rare hire.

labubu kasing lung art market

The article examines the meteoric rise and current cooling of the market for Labubu, the Nordic fanged monster character created by artist Kasing Lung. After a decade of slow development, Labubu exploded in popularity through Chinese toy blind-box manufacturer Pop Mart, leading to record auction sales in 2025. Yongle Auction in Beijing organized the world's first themed Labubu sale, where a mint-green sculpture sold for RMB 1.242 million and a painting, 'Pure' (2021), fetched RMB 1.61 million, setting successive records. The frenzy attracted a diverse range of buyers, from streetwear collectors to traditional ceramics enthusiasts, many of whom share their purchases on social media platforms like Douyin.

barbara hepworth stringed sculptures piano nobile

London's Piano Nobile gallery has opened "Barbara Hepworth: Strings," the first exhibition dedicated to the British sculptor's use of string in her work. The show explores how Hepworth (1903–1975) incorporated string into sculptures, paintings, and drawings from 1939 onward, including pieces never before exhibited in the U.K. Highlights include the rediscovered "Theme on Electronics (Orpheus)," 1956, commissioned by Mullard and long thought lost, and "Pierced Hemisphere (Telstar)," 1963, making its U.K. debut. Curated by Michael Regan, the exhibition draws on Hepworth's letters and archival material to illuminate her innovative approach to tension, space, and light.

jean paul engelen joins acquavella galleries

Jean-Paul Engelen, currently president for the Americas and worldwide co-head of modern and contemporary art at Phillips auction house, will join Acquavella Galleries as a director starting July 1. Engelen spent a decade at Phillips, where he helped increase auction sales by 72 percent between 2015 and 2021, and previously worked at Christie’s for 16 years and at Qatar Museums.

tefaf 2026 female old masters

The 2024 edition of TEFAF Maastricht has opened with a significant focus on rediscovered female Old Masters, highlighted by the third annual 'Map of Women Artists' which now features over 670 works. Major dealers like Lullo Pampoulides and Koetser Gallery are showcasing high-value pieces by Artemisia Gentileschi, Virginia da Vezzo, and Michaelina Wautier, drawing immediate attention from institutional leaders including Metropolitan Museum of Art director Max Hollein.

rediscovered sofonisba anguissola portrait winter show

A rediscovered 16th-century portrait by Sofonisba Anguissola, titled *Portrait of a Canon Regular* (1552), is being shown at the Winter Show at the Park Avenue Armory in New York. The painting was found in a private collection in Durham, North Carolina, after being known only through an old black-and-white photo at the Frick Art Reference Library. Old Master dealer Robert Simon is acting as the owners' agent, and the work is priced at $450,000.

10 most expensive women artists

A Frida Kahlo painting, *El Sueño (La Cama)* (1954), sold at Sotheby’s New York for $54.7 million, setting a new auction record for the most expensive artwork by a female artist. The article, using data from the Artnet Price Database, lists the ten most expensive women artists at auction, including Lee Krasner ($11.6 million for *The Eye is the First Circle*), Jenny Saville ($12.4 million for *Propped*), Marlene Dumas ($13.6 million for *Miss January*), and Agnes Martin ($18.7 million for *Grey Stone II*).

these printers share stories of helping artists bring their visions to life

Artnet Auctions' Premier Prints and Multiples: Summer Edition sale, open for bidding through April 3, 2025, features iconic works on paper by artists such as Jonas Wood and Lynda Benglis. The article highlights the collaborative process between artists and printers, with firsthand accounts from Emmett Walsh of Ollin Editions and a publisher who worked with Lynda Benglis on a tapestry based on her painting *Rajesh in Rajasthan* (2012–2016). Walsh describes producing Wood's 112-color silkscreen *Kitchen Interior* (2022) over 20 months, while the other publisher recounts a three-year search for weavers to create Benglis's detailed rug.

londons old masters week sees rare works sell and mid market paintings struggle

Christie's, Sotheby's, and Bonhams held Old Masters auctions in London, with Christie's achieving a record £31.9 million ($43.7 million) sale for Canaletto's *Venice, the Return of the Bucintoro on Ascension Day* (circa 1732), more than half the sale's total of £60.8 million. The painting, once owned by Robert Walpole, set a new auction record for the artist. Sotheby's evening sale brought in £14.5 million, with J.M.W. Turner's rediscovered *The Rising Squall, Hot Wells, from St Vincent's Rock, Bristol* (1792) selling for £1.9 million, seven times its estimate. However, mid-market paintings struggled, and the Bristol Museum and Art Gallery failed to acquire the Turner despite fundraising £109,000.

painter mary abbott has died

Abstract Expressionist painter Mary Abbott has died at age 98 due to heart failure, as confirmed by McCormick Gallery in Chicago, which represented her for nearly 20 years. Known for her colorful canvases and sweeping brushstrokes, Abbott was praised by the New York Times in 2008 as one of the last great Abstract Expressionist painters of her generation. Despite her early modeling career on Vogue covers and her immersion in the downtown New York art scene alongside figures like Mark Rothko and Willem de Kooning, her work received little scholarly recognition until the 2016 Denver Art Museum exhibition "Women of Abstract Expressionism," which traveled to the Mint Museum and Palm Springs Art Museum.

Phillips’ $115.2 Million Evening Sale Was a Testament to the Power of Pre-Planning and Priority Bidding

Phillips’ Modern & Contemporary Art Evening Sale on May 19 achieved a white-glove result, totaling $115.2 million across 41 lots—a 122 percent increase from May 2025. The sale saw strong performances from works by Lee Bontecou, Salman Toor, and Cecily Brown, with Bontecou’s 1985 pastel on canvas setting a record for a two-dimensional work by the artist at $4.2 million. Other top lots included Andy Warhol’s *Sixteen Jackies* (1964) at $16.2 million, a Monet landscape at $9.3 million, and a Joan Mitchell at $6.9 million. Notably, less than half of the lots were guaranteed, with Phillips’ Priority Bidding incentive—offering a 4 percent discount on buyer’s premium—contributing to the strong results, as more than half of the lots attracted such bids.

New York Art Week 2026 Frieze And TEFAF Report

New York Art Week 2026 featured major art fairs including Frieze New York at The Shed, which drew 25,000 visitors from 75 countries and launched the Sherman Family Foundation Acquisition Fund, placing works by four artists into the Brooklyn Museum and Baltimore Museum of Art. TEFAF New York at the Park Avenue Armory presented over 90 international galleries across historic period rooms, while satellite fairs Independent, NADA New York, and 1-54 Contemporary African Art Fair offered focused alternatives. Auction houses Sotheby's, Christie's, and Phillips opened free spring sale previews featuring highlights such as Roy Lichtenstein's 'Anxious Girl' and the Lewis Collection.

New York Is About to Sell $3 Billion in Art. Who’s Buying?

Vanity Fair's Nate Freeman reports on New York's spring art season, where auction houses are poised to sell at least $2.6 billion in art alongside major museum exhibitions (Raphael at the Met, Duchamp at MoMA, Matisse at Acquavella) and the opening of Frieze New York at The Shed. The article follows the social and commercial frenzy, highlighting a David Shrigley gong installation at Anton Kern Gallery's booth and the enduring dominance of New York, where nearly 90% of U.S. art sales occur.

Sotheby’s $433 Million Contemporary Evening and Mnuchin Sales Kicked Off New York’s May Marquee Auctions

Sotheby's held two major evening sales in New York—the Mnuchin collection sale and The Now & Contemporary Evening Auction—generating a combined $433.1 million. The Mnuchin sale achieved a white-glove result of $166.3 million, led by Mark Rothko's *Brown and Blacks in Reds* (1957) which sold for $85.8 million, while the contemporary auction reached $266.8 million, with Jean-Michel Basquiat's *Museum Security (Broadway Meltdown)* as the top lot. The results fell within presale estimates but marked a 133% increase over last May's contemporary sales.