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Sotheby’s secures $120m Pritzker and $400m Lauder collections, with works by Matisse, Munch and Van Gogh

Sotheby’s has secured two major private collections for its autumn New York sales: the Pritzker collection, estimated at $120 million, and the Lauder collection, valued at around $400 million. The Pritzker collection includes Vincent van Gogh’s *Romans Parisiens* (1887) with a $40 million estimate, while the Lauder collection features Gustav Klimt’s *Portrait of Elisabeth Lederer* (1914-16) estimated at over $150 million, along with works by Matisse, Munch, and Martin. The sales will take place at Sotheby’s new headquarters in the Breuer Building this November.

Ten essential works of art to see at the Museum of Modern Art, New York

The article presents a curated list of ten essential artworks at the Museum of Modern Art (MoMA) in New York, coinciding with the departure of longtime director Glenn Lowry after 30 years and the appointment of Christophe Cherix as his successor. It highlights iconic pieces such as Picasso's "Les Demoiselles d'Avignon" (1907) and Matisse's "The Red Studio" (1911), while reflecting on MoMA's history, its founding vision by Alfred Barr, and its evolution through expansions including the incorporation of PS1 and the $450 million renovation of its 53rd Street building.

Must-see exhibitions in New York this autumn

The Museum of Modern Art is celebrating the 40th anniversary of its New Photography series with 'New Photography 2025: Lines of Belonging,' featuring 12 international artists from Mexico City, Johannesburg, Kathmandu, and New Orleans. Other must-see exhibitions include 'Ministry: Reverend Joyce McDonald' at the Bronx Museum, showcasing the artist's ceramic works born from her HIV diagnosis and art therapy; 'The Magical City: George Morrison’s New York' at the Metropolitan Museum of Art, highlighting the overlooked Abstract Expressionist painter; and 'Christian Marclay: Doors' at the Brooklyn Museum, a cinematic supercut in the new Moving Image Gallery.

Step into the fire. A new exhibition ignites the Modern Art Museum of Fort Worth

Dallas-based artist David-Jeremiah presents his solo exhibition "The Fire This Time" at the Modern Art Museum of Fort Worth, featuring 27 shaped paintings created between 2020 and 2024. The paintings are shaped like Lamborghini hoods and arranged in clusters that invite visitors to stand at the center, becoming the focal point of an "inverted performance installation." Curated by Christopher Blay, the show spans four rooms and explores themes of beauty, violence, identity, and transformation, drawing inspiration from James Baldwin's "The Fire Next Time." The exhibition also includes works from the museum's permanent collection by John Chamberlain, Anselm Kiefer, and Mark Rothko that resonate with the show's themes.

Iranian artworks sold at Bonhams' online auction of Modern and Contemporary Middle Eastern Art

Two works by Iranian artists were sold at Bonhams London's online auction of Modern and Contemporary Middle Eastern Art on August 14, 2025. The auction featured 45 pieces from Middle Eastern artists, including 10 by Iranian artists such as Sirak Melkonian, Ebrahim Olfat, Babak Kazemi, Marcos Grigorian, and YZ Kami. Only two works found buyers: an untitled 2020 oil on canvas by the late Sirak Melkonian (1930-2024) sold for $13,888, and Ebrahim Olfat's calligraphy painting "Eshgh (Hafez Poem)" (2012) sold for $5,207. The article provides extensive background on Melkonian, an Iranian-Armenian modernist pioneer and co-founder of the Azad Art Group, and on Olfat, a calligraphy specialist with a medical degree.

Shows to See in Japan, July 2025

This article highlights five art exhibitions opening across Japan in July 2025. Featured shows include Izumi Kato's largest solo exhibition in Japan, "Road to Somebody," at Iwami Art Museum; Christine Sun Kim's eponymous project at Mori Art Museum in Tokyo; Maya Erin Masuda's solo show "Ecologies of Closeness" at Yamaguchi Center for Arts and Media; and "Van Gogh's Home" at Osaka City Museum of Fine Arts, which centers on the Van Gogh family collection. Each exhibition spans diverse media and themes, from Kato's animistic sculptures to Kim's exploration of sound and deaf experience, Masuda's ecological trauma investigations, and Van Gogh's legacy through his family's archive.

How AI Will Change Art, According to Arthur Jafa, Marilyn Minter, and Other Artists

Emily McDermott's article, published July 15, 2025, gathers perspectives from artists including Refik Anadol, Arthur Jafa, Marilyn Minter, and others on how AI will change art. It references the controversial Christie's 'Augmented Intelligence' auction in February-March 2025, which generated nearly $730,000 despite an open letter signed by nearly 4,000 individuals urging cancellation over claims that AI models exploit copyrighted material. The artists quoted offer varied views, from Anadol seeing AI as a collaborator that augments creativity to Jafa dismissing most AI-generated work as generic.

Nudes by Tamara de Lempicka and Jenny Saville lead quiet Sotheby’s Modern and contemporary sale

Sotheby’s June Modern and contemporary art evening sale in London netted £50.8m (£62.5m with fees) from 48 lots, with an 87% sell-through rate, falling below the pre-sale estimate of £55.2m to £81.1m and marking a 25% decrease from last year’s equivalent sale. The top lot was Tamara de Lempicka’s *La Belle Rafaëla* (1927), which sold for £6.1m (£7.4m with fees), while a Jenny Saville drawing *Mirror* (2011-12) achieved an auction record for the artist at £1.7m (£2.1m with fees). Several high-profile works were passed, including Egon Schiele’s *Portrait Study (Head of a Girl, Hilde Ziegler)* and Barbara Hepworth’s *Vertical Forms*, reflecting cautious bidding in a bearish market.

Ten Highlights From New York’s Spring Marquee Auctions

New York's spring marquee auctions are set for May 2025, with Christie's, Sotheby's, and Phillips presenting strong lineups after a 25% drop in total public sales in 2024. Highlights include the $250 million Leonard and Louise Riggio collection at Christie's, featuring Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (est. $50 million), and Alberto Giacometti's *Grande tête mince* (est. over $70 million) at Sotheby's. Other top lots include Lucio Fontana's *The End of God*, Jean-Michel Basquiat's *Baby Boom*, a Rothko from the Bass mansion, Claude Monet's *Crepuscular Peupliers*, Olga de Amaral's evening sale debut, a trove of 40 Roy Lichtenstein works, and an Ed Ruscha piece. The sales test market resilience amid supply constraints and a cautious art market.

istanbul biennial ends early curator resigns 1234768363

The current Istanbul Biennial, titled "The Three-Legged Cat," will end prematurely after its first leg because curator Christine Tohmé resigned due to personal circumstances. The biennial was conceived as a three-part show spanning three years, with an academic program planned for 2026 and a second exhibition set for 2027. The first exhibition ran from September 20 to November 23 across eight venues in Istanbul, attracting over 600,000 visitors. The Istanbul Foundation for Culture and Arts (IKSV), which manages the event, announced the conclusion and stated that planning for the 19th Istanbul Biennial in 2027 will begin soon, with a curator announcement expected in 2026.

Fair Warning Expands With Saara Pritchard, Doubling Down on ‘Conviction’ in a Crowded Art Market

Loïc Gouzer’s boutique auction app, Fair Warning, is expanding its leadership by appointing Saara Pritchard, a veteran specialist from Christie’s and Sotheby’s, as a partner. Since its 2020 launch, the platform has carved out a niche by rejecting the high-volume model of traditional auction houses in favor of a highly curated, "one work at a time" approach. This strategy has proven lucrative, recently achieving a record $16.7 million for an Andy Warhol portrait and a $4.07 million record for Elizabeth Peyton.

berlin academy of art slams art prize cuts us president called steward not owner of white house over ballroom plans morning links for march 18 2026 1234777711

Berlin’s Academy of Arts has issued a sharp critique of proposed budget cuts to the Berlin Art Prize, which would see the award's prize money halved. The Academy argues that reducing the current €45,000 total funding—already considered modest—devalues the historic award and threatens its future as a symbol of artistic freedom and democratic expression.

works by auerbach chadwick and hepworth to spearhead christies modern british and irish art sale in london 1234777016

Christie’s London has announced its Modern British and Irish Art sale scheduled for March 18, featuring a curated selection of 26 works. The auction is led by Frank Auerbach’s "Christmas Tree at Mornington Crescent," estimated at up to £2 million, alongside significant sculptures by Lynn Chadwick and Barbara Hepworth. Other notable entries include a monumental bronze by Chadwick titled "Back to Venice" and a 1986 painting by Bridget Riley.

christies unveils new rostrum designed jony ive apple former chief design office 1234775975

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.

joan mitchell foundation 2026 artists in residence 1234770065

The Joan Mitchell Foundation has announced the 31 artists selected for its 2026 residency program at the Joan Mitchell Center in New Orleans. The residencies, lasting six or 14 weeks across three seasons, will host no more than nine artists at a time, beginning February 2. The cohort includes 17 local New Orleans artists and participants from cities such as New York, San Francisco, Chicago, Boston, and Atlanta, ranging in age from 27 to 75. Notable participants include Edra Soto, who also won a United States Artists Fellowship, and two leaders of New Orleans’s Black Masking Indian tradition, Kelly Pearson Boles and Efrem Z. Boles. The selection was made by a jury of artists, curators, and academics.

phillips records 10 rise in global sales for 2025 taking 927 m as private sales surge by 66 1234767520

Phillips reported global sales of $927 million for 2025, a 10% increase over the previous year. Auction sales accounted for $725 million, while private sales surged 66% to $202 million. The auction house attributed growth to the launch of Priority Bidding, a platform offering reduced buyer's premiums for early bids, which led to a 275% increase in early selling bids. Phillips achieved an 88% sell-through rate by lot, with seven white-glove auctions and over 110 world auction records. Notable sales included a Patek Philippe watch for $17.6 million and Francis Bacon's *Study for Head of Isabel Rawsthorne and George Dyer* (1967) for $16 million. The luxury watch division generated $290 million, its highest annual total, and the Dropshop platform attracted many first-time and younger buyers.

christies 2025 sales results analysis 1234767047

Christie's closed 2025 with $6.2 billion in projected global sales, a nearly seven percent increase from $5.8 billion in 2024 and in line with its 2023 total. Auction sales reached $4.7 billion, up eight percent year-over-year, while private sales held steady at $1.5 billion. The year's top lot was Mark Rothko's *No. 31 (Yellow Stripe)*, which sold for $62.1 million in New York. Other highlights include a record Picasso sale in Hong Kong ($25.4 million) and the Fabergé Winter Egg in London (£22.9 million). The house also saw strong performance from its automobiles business, Gooding Christie's, which delivered $234 million in sales. Geographically, the Americas grew 15 percent to $2.58 billion, while Asia-Pacific slipped 5 percent.

bouvier us discovery 91 missing artworks 1234766044

Swiss art dealer Yves Bouvier has filed a Section 1782 petition in US federal court to locate 91 artworks he claims are his, worth approximately $100 million. The filing targets roughly 15 major banks and two auction houses (Sotheby's and Christie's) to compel disclosure of financial and transactional records. The request is tied to Hong Kong legal proceedings against French dealer Pascal de Sarthe, whom Bouvier accuses of failing to return works placed with him for safekeeping. De Sarthe disputes Bouvier's ownership, and his attorney has asked the New York court to delay or deny the application as premature.

picasso global raffle alzheimers research christies 1234766070

A charity raffle organized by France's Fondation Recherche Alzheimer offers participants the chance to win a Pablo Picasso painting valued at €1 million ($1.2 million) for a €100 ticket. The work, a 1941 gouache on paper titled *Tête de femme*, will be drawn on April 14, 2026, at Christie’s Paris. The raffle is the third of its kind involving a Picasso to support charitable causes, following previous editions in 2013 and 2020 that each raised €5 million for different organizations. The initiative was spearheaded by French TV host Péri Cochin, with the support of the artist's late son Claude Picasso.

rediscovered rubens painting sells france 1234764432

A long-lost painting by Peter Paul Rubens, unseen for four centuries, was sold at auction in Versailles for €2.94 million ($3.4 million), nearly double its high estimate. Created in 1613, the work depicts Jesus Christ on the cross and was discovered in a private Paris townhouse by auctioneer Jean-Pierre Osenat. The painting was authenticated by German art historian Nils Büttner through X-ray imaging and pigment analysis, and its provenance traces back to the 19th-century French painter William-Adolphe Bouguereau.

phillips takes 54 m from modern and contemporary sale bonhams on the move demand for female photographers rising morning links for november 20 2025 1234762537

Phillips' modern and contemporary evening sale in New York on Wednesday netted $67.3 million, with a 94% sell-through rate across 33 lots. Highlights included an untitled Joan Mitchell painting, a Francis Bacon diptych, and a juvenile triceratops skeleton, though two lots—a large gold piece and an oversized painting by Jadé Fadojumtimi—failed to sell. Separately, Bonhams announced it will move its US headquarters to 111 West 57th Street in February 2025, occupying a 42,000-square-foot space in the restored Steinway Hall, which will reopen as a public cultural venue. The article also covers declining DEI-related grants, a survey of William Nicholson, rising demand for female photographers, and the launch of Artsignal, an AI platform for art market intelligence.

phillips modern contemporary art auction report francis bacon 1234762505

Phillips held its modern and contemporary evening sale in New York on Wednesday, following Christie’s and Sotheby’s auctions that had already generated nearly $1.4 billion. The 33-lot sale achieved $67.3 million, a 24% increase from the equivalent sale last year, with a 94% sell-through rate. Headlining lots included an untitled Joan Mitchell painting ($14.3 million), a Francis Bacon diptych ($16 million), and a juvenile triceratops skeleton that sold for $5.3 million, exceeding its high estimate. Only two lots failed to sell, and notable results included works by Ruth Asawa, Firelei Báez, Jean-Michel Basquiat, and Max Ernst.

kurt cobain nirvana guitar christies 1234762094

A 1969 Fender Competition Mustang guitar owned by Nirvana frontman Kurt Cobain is being auctioned by Christie's in March, with an estimated price of $2.5–$5 million. The guitar was used on the albums *Nevermind* and *In Utero*, as well as in the music video for "Smells Like Teen Spirit" and numerous live performances. It is part of the Jim Irsay Collection, assembled by the late Indianapolis Colts owner, which includes instruments from John Lennon, Jimi Hendrix, Prince, and others.

pablo picasso dora maar portrait sells 37 million 1234759152

A previously little-known Pablo Picasso portrait of Dora Maar, titled *Bust of a Woman with a Flowered Hat (Dora Maar)* (1943), sold for $37 million at Lucien Paris auction house on October 24, 2025—nearly four times its $9.5 million estimate. The painting had been owned by the same family since 1944 and was shown publicly for the first time in 80 years at Hôtel Drouot before the sale. Auctioneer Christophe Lucien called it the highest auction price for any artwork in France this year.

christies modern british and irish evening auction in london nets 23 m marking 20 percent increase on 2024s sale 1234758580

Christie’s Modern British and Irish Art evening sale in London on Wednesday achieved £17.3 million ($23 million), a 20 percent increase over the equivalent sale in 2024. The top lot was Barbara Hepworth’s *The Family of Man (Figure 9, The Bride)* (1970), which sold for £3.9 million ($5.2 million). The sale had a 90 percent sell-through rate by value and 81 percent by lot, with 39 percent of works exceeding their high estimates, though the total fell short of the £22.6 million high estimate. Other notable results included Hepworth’s *Vertical Wood Form* (1968) at £1.4 million, Stanley Spencer’s *The Meeting* (1933) at the same price, and Bridget Riley’s *Dendera* (1983-2002) at £1.2 million.

kiran nadar bought m f husain record breaking painting christies 1234757841

Kiran Nadar, a prominent Indian collector, revealed she purchased M.F. Husain's 1954 painting *Untitled (Gram Yatra)* for $13.8 million at Christie's New York, making it the most expensive work of Indian modern art ever sold at auction. The painting, estimated at $2.5–3.5 million, was originally owned by Norwegian surgeon Leon Elias Volodarsky and later donated to Oslo University Hospital, which consigned it after a 13-year deaccessioning process.

lost jesus painting peter paul rubens paris mansion osenat 1234751588

A long-lost painting of Jesus Christ's crucifixion by 17th-century Flemish master Peter Paul Rubens, titled *Christ on the Cross* (1613), was discovered in a Parisian mansion by auctioneer Jean-Pierre Osenat last September. The large Baroque work, measuring 42 by 29 inches, was authenticated by German curator and art historian Nils Buttner, chairman of the Centrum Rubenianum, through X-ray imaging and pigment analysis. It will be auctioned by Osenat's auction house in Fontainebleau on November 30, with no estimate yet released.

christies lawsuit milos vavra egon schiele nazi looted art 1234749726

A Czech man named Milos Vavra, a descendant of Jewish cabaret performer and collector Fritz Grünbaum who was murdered by the Nazis, has filed a lawsuit against Christie's in New York Supreme Court. Vavra demands that the auction house disclose the ownership and location of several blue-chip artworks from the Grünbaum Collection, including works by Egon Schiele. He alleges that Christie's entered a nondisclosure agreement with a Swiss family seeking to auction looted artworks, and he needs the information urgently to file claims before the Holocaust Expropriated Art Recovery Act (HEAR Act) statute of limitations expires in late 2026.

sasan ghandehari lawsuit christies picasso auction guarantee 1234749641

Collector Sasan Ghandehari has filed a lawsuit against Christie’s in the High Court of England & Wales, alleging the auction house failed to disclose that a Picasso painting he guaranteed was owned by a man convicted of drug-related charges. The work, Picasso’s *Femme dans un rocking-chair* (1956), was offered in a February 2023 London evening sale with a third-party guarantee from Ghandehari’s company, Brewer Management Corporation (BMC). Ghandehari claims Christie’s told him the owner was José Mestre Jr., but the painting actually belonged to his father, José Mestre Sr., who was sentenced to nine years in prison after 202 kilos of cocaine were found on a cargo ship in 2010. The lawsuit seeks to cancel the guarantee contract and recover a £4.8 million partial payment.

sothebys van halen guitar grails week 1234749497

Sotheby’s will auction Eddie Van Halen’s custom-built 1982 Kramer guitar, estimated at $2–3 million, as the centerpiece of its inaugural “Grails Week” in New York this October. The instrument, unseen for over 40 years, was played on tour, later owned by Mötley Crüe’s Mick Mars, and features Van Halen’s iconic red, black, and white striped design. The week-long sales series will also include Bob Dylan lyrics, Rolling Stones album artwork, and a Beatles cymbal.