Heritage Auctions achieved a record $2 billion in sales in 2025, driven by explosive growth in the collectibles market. CEO Joe Maddalena highlights the sustained and increasing global demand for categories like sports memorabilia, comic books, trading cards, and vintage toys, noting that money previously focused on traditional art is now consistently flowing into these areas.
A promotional poster for John Lennon and Yoko Ono's album 'Double Fantasy,' signed by Lennon on the morning of his murder on December 8, 1980, is being auctioned by Propstore in London. The lot, estimated between £60,000 and £120,000, includes the RKO Radio archives from Lennon's final interview.
Luke Goebel's new novel 'Kill Dick' is a satirical, chaotic takedown of the contemporary art world and its entanglement with the Sackler family, fictionalized here as the Sicklers. The book follows protagonist Susie, the daughter of the Sickler family lawyer, as she navigates addiction, familial disgust, and a numbed existence against the backdrop of 2016 America. Its prose is deliberately abrasive and shocking, mirroring the emotional state of its narrator.
Major London auction houses Sotheby's and Christie's posted strong results in early March, with their Modern and contemporary art evening sales raising £131m and £197m respectively. These figures represented significant increases over the previous year, with high sell-through rates, despite concurrent geopolitical turmoil in the Middle East. Key lots included Francis Bacon's 'Self Portrait' selling for £16m and Henry Moore's 'King and Queen' achieving a record £26.3m.
The article profiles seven artists whose works have recently achieved significant auction results, often far exceeding their pre-sale estimates. Nathanaëlle Herbelin, Poppy Jones, Kathleen Ryan, Eva Helene Pade, Georg Wilson, and Ding Shilun are highlighted as contemporary artists with strong market momentum, while the poster artist A.M. Cassandre is noted for a historic sale.
A new musical titled 'A Mirrored Monet' explores the life of Impressionist painter Claude Monet, focusing on his later years as he reflects on his youth, his artistic struggles, and the personal sacrifices he made, particularly regarding his first wife Camille. The production uses innovative set design to immerse the audience in the Impressionist style and features a strong cast portraying Monet and his contemporaries.
A secret, invitation-only auction for a single Andy Warhol portrait of Brigitte Bardot was held at a private bar in New York on November 19, 2025, during the major public auction week. Organized by the online platform Fair Warning and presided over by former Christie's auctioneer Jussi Pylkkänen, the event attracted elite collectors and resulted in a $16.7 million sale, making it the most expensive Warhol of the season.
The auction industry's "middle market"—typically defined as lots under $1 million—is facing a period of intense competition and shrinking profit margins. While these lower-priced works account for the vast majority of transaction volume and a significant portion of earnings, the overhead costs of selling them remain high. Furthermore, aggressive financial maneuvers like guarantees and "enhanced hammers," once reserved for blue-chip masterpieces, are now being demanded by sellers and advisors at much lower price points.
A historic East Village brownstone where artist Mark Rothko lived and worked in the 1930s has been converted into luxury condominiums following a major renovation. The building, which survived a 2022 fire, was purchased in 2023 and transformed into a two-unit property now marketed as the Rothko House, with its triplex penthouse listed for $6.2 million.
A distinctive cartoon illustration style, rooted in 1920s 'rubber hose' animation and influenced by graffiti, vintage Americana, and underground comics, has become ubiquitous in contemporary branding. This aesthetic, characterized by exaggerated, jointless limbs and friendly faces, now adorns everything from independent pizza shops like London's Yard Sale Pizza to wine labels for Top Cuvee, podcasts, and even global fashion collaborations.
Director Yorgos Lanthimos has opened a photography exhibition at the Onassis Stegi in Athens, showcasing personal images taken in Greece over recent years. The show includes a central, temple-like installation housing his newer, non-film-related work, alongside earlier photographic series connected to his movies 'Poor Things' and 'Kinds of Kindness'.
Over 200 Mexican artists and art professionals signed an open letter accusing the government and the National Institute of Fine Arts and Literature (INBAL) of an 'institutional blunder' for allowing the resurfaced Gelman collection—approximately 300 works including pieces by Frida Kahlo and other major Mexican artists—to be exported to Spain. The collection, now held by Banco Santander's foundation, is classified as Mexican artistic monuments, which typically restricts foreign export to one or two years.
Italy purchases rare Caravaggio painting for $34.7 million.
The Italian government has purchased Caravaggio's *Ecce Homo* for $34.7 million, preventing the 17th-century masterpiece from leaving the country. The painting, which depicts a bound Christ presented to the crowd, was sold by its private owners after its rediscovery and authentication in 2021. The state exercised its right of first refusal to match a sale agreed with an unnamed foreign buyer, securing the work for public ownership.
The Julia Stoschek Collection has made its United States debut with a sprawling exhibition titled "What a Wonderful World: An Audiovisual Poem," staged at the historic Variety Arts Theater in Los Angeles. Curated by Udo Kittelmann, the presentation features 45 time-based media works by a high-profile roster of artists including Marina Abramović, Arthur Jafa, and Anne Imhof, alongside early cinema classics. Eschewing traditional "white cube" gallery aesthetics, the show utilizes the dilapidated grandeur of the six-story theater, allowing for overlapping soundtracks and non-linear viewing experiences.
Christie’s has unveiled a new auctioneer’s rostrum designed by Jony Ive and his design collective, LoveFrom. The sleek, oak-wood platform replaces the traditional design originally created by Thomas Chippendale in the 18th century, which had been the standard for the auction house for over 260 years. Crafted from French oak, the new rostrum features a contemporary rounded aesthetic and was engineered specifically to enhance the acoustic resonance of the auctioneer's gavel.
mark bradford carrie may weem latest artists commissioned obama presidential center
The Obama Presidential Center in Chicago has announced its latest cohort of commissioned artists, featuring high-profile names such as Mark Bradford and Carrie Mae Weems alongside local Chicago talents like Tyanna J. Buie and the duo Sam Kirk + Dorian Sylvain. These site-specific installations will be integrated across the center's 19-acre campus, including a three-story atrium collage by Bradford and a jazz-inflected photo mural by Weems. The project, which has already engaged over two dozen artists including Maya Lin and Julie Mehretu, is overseen by art program leaders Louise Bernard and Virginia Shore with direct input from the Obamas.
Alexander Calder’s monumental sculpture "Mountains and Clouds," located in the Hart Senate Office Building in Washington, D.C., is finally undergoing a full restoration. The 75-foot-wide "clouds" component of the mobile was dismantled in 2016 due to structural safety concerns, leaving only the stationary "mountains" portion on display for nearly a decade. Supported by private funding secured by the Calder Foundation, the project will refabricate the suspended elements and reinstall the computer-controlled motor system that allows the sculpture to rotate.
A rare cassette tape containing one of the earliest known recordings of rapper Tupac Shakur, made in 1988 at his friend Ge-ology's home, is being auctioned by the music collecting platform Wax Poetics with an estimate of $120,000–$150,000. The sale includes other personal artifacts like handwritten lyrics and photos from Tupac's pre-fame years in Baltimore, with bidding ending February 11.
U.S. Figure Skating commissioned athlete and artist Sonja Hilmer to create custom, elegant line-drawing portraits of each member of the 2026 Winter Olympic team. The black and gold ink portraits, inspired by Italian fashion drawings, were hung above the skaters' beds in the Olympic Village as a personal touch from home.
The Washington Post laid off approximately 30% of its newsroom staff, including Pulitzer Prize-winning art critic Sebastian Smee, as part of broader cuts to sports, local news, and international coverage. Smee, who joined the Post in 2018 after working at the Boston Globe and The Australian, confirmed his departure in a statement to ARTnews, expressing gratitude to former editor Marty Baron and solidarity with affected colleagues. Another Pulitzer-winning critic, Philip Kennicott, reportedly remains on staff. The layoffs come shortly after the release of a documentary produced by Amazon MGM Studios, owned by Post owner Jeff Bezos.
A major auction of Apple memorabilia and personal items belonging to Steve Jobs realized $8.1 million. The top lot was the first check ever issued by Apple, signed by founders Steve Jobs and Steve Wozniak in 1976, which sold for $2.4 million. Other significant items included an early Apple-1 prototype board and personal effects from Jobs's childhood home, including his bedroom desk and a collection of bowties.
Chinese artist and dissident Ai Weiwei returned to China last month for the first time in a decade, visiting Beijing for three weeks after years of exile in Europe. His passport had been confiscated in 2015, ending travel restrictions tied to his political dissent. Upon arrival, Ai was interrogated for nearly two hours at Beijing's airport before being granted entry. He documented the trip on Instagram, including a reunion between his 17-year-old son and 93-year-old mother, and described the experience as like reconnecting a long-disconnected phone call.
The Gallerist, a new satire directed by Cathy Yan, premiered at the Sundance Film Festival. The film follows struggling gallerist Polina Polinski (Natalie Portman), who is betting everything on a one-artist debut at Art Basel Miami Beach. After an obnoxious art influencer, Dalton Hardberry (Zach Galifianakis), dies accidentally by impalement on a sculpture titled The Emasculator, Polina and her assistant Kiki (Jenna Ortega) conspire to pass off his corpse as part of the artwork, duping wealthy clients. The ensemble cast also includes Catherine Zeta-Jones as a legendary dealer reminiscent of Marian Goodman, Da'Vine Joy Randolph as the earnest artist Stella Burgess, and Sterling K. Brown as Polina's ex-husband.
An AI-generated image falsely attributed to Austrian Expressionist Egon Schiele has gone viral on X, posted by the account @lovedropx. The image, which mimics Schiele's style and borrows the title of a real 1917 watercolor, has garnered hundreds of thousands of views. Art-world readers quickly pointed out anachronisms—such as the model's modern makeup, hair, and nails—and the image's six-fingered hand, as well as its lack of Schiele's characteristic provocativeness. This is not an isolated incident; Art Detective flagged similar AI fakes on Facebook in December, warning that undisclosed AI-generated images are becoming common.
The United Kingdom has imposed a temporary export bar on Claude Lorrain's masterpiece "Landscape with Rural Dance" (c. 1640), valued at £9 million ($12 million), to prevent it from leaving the country. The painting, which has hung at Woburn Abbey for over 250 years, is being sold by the Duke of Bedford to fund a major renovation project. The export bar, recommended by a reviewing committee that deemed the work of "outstanding aesthetic importance," gives UK institutions until April 15 to express intent to acquire the painting for the nation.
Banco Santander has announced it will manage roughly half of the Gelman Collection, one of the most significant collections of 20th-century Mexican art, which disappeared from public view in 2008. The Madrid-based bank now oversees 160 of approximately 300 works amassed by patrons Jacques and Natasha Gelman. The collection will anchor the new Faro Santander cultural center in Spain, set to open in June, through a long-term loan agreement with the Zambrano family, the prominent Mexican business family revealed to own the once-lost collection. The collection's whereabouts had been largely unknown, with only sporadic sightings in foreign institutions, after it was divided by executor Robert R. Littman despite the will's stipulation that it be shown intact in a private museum in Mexico.
Vienna will temporarily close several museums dedicated to famous composers, including the apartments of Franz Schubert, Johann Strauss, and Joseph Haydn, as part of city-wide budget cuts. The closures, announced on Wednesday, are expected to last up to two years, with Schubert's birthplace also closing for a redesign ahead of the 200th anniversary of his death in 2028. The city's cultural budget has dropped from €29.7 million in 2025 to €28.4 million this year, with further reductions planned for 2027. Other institutions, such as the Prater Museum and Hermes Villa, will also reduce opening hours.
Frank Lloyd Wright's Walser House, a rare Prairie-style home in Chicago's Austin neighborhood, is returning to market after being acquired by Fannie Mae through foreclosure. The house has been vacant and neglected since 2019, when its long-time owner died, and requires an estimated $2 million in restoration work. A foreclosure sale in December 2025 failed when preservation advocates were priced out by a minimum bid of $240,000, well above the property's appraised value of $65,000. Fannie Mae now holds the title and is preparing the property for listing, offering a potential path to new ownership.
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.
Dorothy Waugh, a pioneering Modernist designer who created the U.S. government's first in-house National Parks poster campaign during the Great Depression, is the subject of her first-ever solo exhibition at New York's Poster House. Titled "Blazing a Trail: Dorothy Waugh's National Parks Posters," the show reunites all 17 posters Waugh designed for the National Park Service between 1934 and 1936, bold experimental works that helped define a new visual language for federal design. Guest curator Mark Resnick spent three decades tracking down Waugh's story, locating documents across the National Archives, the Library of Congress, the School of the Art Institute of Chicago, and the Jones Library in Amherst, Massachusetts.