Evelyn Lin to Lead Sotheby’s Asia Modern and Contemporary Art, After Pace Hong Kong Shutters

Evelyn Lin is returning to Sotheby’s as chairman of Modern and contemporary art, Asia, starting November 3, after a one-year stint at Pace gallery. She will help lead the inaugural marquee sale at Sotheby’s new global headquarters in New York’s Breuer Building. The appointment follows the departure of Elaine Holt and the closure of Pace’s Hong Kong space, which will not renew its lease at H Queen’s after its current exhibition closes on October 18.

Phillips' Priority Bidding drives 100% sell-through at Hong Kong evening sale, totalling US$20.5m

Phillips achieved a 100% sell-through rate at its Modern and Contemporary Art Evening Sale in Hong Kong on 27 September, totaling nearly HK$160 million (US$20.5 million). All 20 lots sold, with six works exceeding HK$10 million. The top lot was Yoshitomo Nara's *Pinky* (2000), which sold for HK$56.64 million (US$7.2 million) after its estimate was lowered from HK$60–80 million to HK$35–55 million. The sale was the first major test of Phillips' new Priority Bidding (PB) system, which offers a reduced buyer's premium to collectors who place written bids at or above the low estimate at least 48 hours before the auction. Seven lots were withdrawn and several estimates revised downward ahead of the sale, contributing to the white-glove result.

Who Are the 10 Top-Selling Living American Artists?

Artnet's Auction Price Database reveals the top 10 living American artists by auction sales value in 2024, with the U.S. art market generating $4.3 billion. The list includes Cindy Sherman ($180.9 million total sales, record $6.8 million for Untitled Film Stills), Mark Bradford ($226.6 million, record $12 million for Helter Skelter I), and Mark Grotjahn ($241 million, record $16.8 million for Untitled (S III Released to France Face 43.14)). Sherman is the only woman and photographer on the list; Bradford is the only African American and represented the U.S. at the 2017 Venice Biennale; Grotjahn is a California-based abstract painter.

When Gagosian Goes So Do His Galleries, How Hockney’s Swimmer Swam Away, and Green Shoots in the Gallery World

Kenny Schachter's article opens with a broad critique of the political climate under the Trump administration, linking it to a chilling effect on free speech and democracy, before pivoting to the art world. He notes the absence of a U.S. representative for the 61st Venice Biennale, mentions Marilyn Minter's protest piece, and references David Hockney's *Portrait of an Artist (Pool with Two Figures)* at Christie's. The piece also touches on market negativity, the resilience of art, and skepticism about the Middle East as a market savior.

'Kerry James Marshall: The Histories,' Largest-Ever UK Exhibition of the Artist Includes New Paintings Exploring Role of Black Africans in Transatlantic Slave Trade

The Royal Academy of Arts in London has opened 'Kerry James Marshall: The Histories,' the largest-ever UK exhibition of the American artist, featuring over 70 works spanning 1980 to the present. The show includes eight new paintings that confront the transatlantic slave trade and the role of Black Africans who participated in the enslavement of their own people, alongside celebrated pieces like 'A Portrait of the Artist as a Shadow of His Former Self' (1980) and 'Knowledge and Wonder' (1995), the latter displayed outside Chicago for the first time.

Jenny Saville: ‘You are having a conversation with the paint, as well as with the sitter’

British artist Jenny Saville, known for her monumental paintings of the female form, is the subject of a major survey exhibition titled "The Anatomy of Painting" at the National Portrait Gallery in London, which opened in June. The show traces her practice from the 1990s to the present day, featuring portrait heads and figures that push the boundaries of portraiture. Saville, who broke the auction record for a living female artist in 2018 when her self-portrait "Propped" (1992) sold for £9.5m at Sotheby's, discusses her influences—including Lucian Freud, Francis Bacon, and Frank Auerbach—and her ongoing exploration of corporeality and painterliness in an interview with The Art Newspaper.

Gagosian's spring show skips and rhymes through De Kooning's career

Gagosian Gallery in New York has opened "Willem de Kooning: Endless Painting," a non-chronological exhibition curated by Cecilia Alemani that spans the artist's career from 1944 to 1986. The show features institutional loans from MoMA and the Guggenheim, includes two sculptures—including the colossal bronze "Standing Figure" displayed indoors for the first time in nearly 30 years—and runs through June 14. A panel with artists John Currin and Dana Schutz will explore de Kooning's influence on May 15.

Huge Paris exhibition reveals David Hockney’s love of Van Gogh

A major exhibition at the Fondation Louis Vuitton in Paris, titled "David Hockney 25," showcases 400 works by the British artist, with a focus on the past 25 years of his career. The show highlights Hockney’s deep admiration for Vincent van Gogh, featuring a section called "The Great Wall" that includes 29 Van Gogh reproductions alongside works by other artists. Key pieces on display include Hockney’s portrait of his partner Jean-Pierre Gonçalves de Lima, inspired by Van Gogh’s "Sorrowing Old Man," and iPad drawings echoing Van Gogh’s sunflower still lifes. The exhibition runs until 31 August.

At Sotheby’s, a $70M Giacometti Fails to Sell While Works By Munch and Cézanne Ignite Buyer Excitement

Sotheby’s Modern Evening Auction on May 13, 2025, achieved $186.4 million in sales but was overshadowed by the failure of its headline lot: Alberto Giacometti’s hand-painted bronze bust *Grande tête mince (Grande tête de Diego)*, estimated at $70 million. The work, consigned by the Soloviev Foundation, went unsold after minimal bidding, lacking a guarantee or irrevocable bid. Other highlights included a strong performance by Edvard Munch and Paul Cézanne works, with 40% of lots exceeding high estimates. Notable sales included Georgia O’Keeffe’s *Leaves of a Plant* ($12.97 million) and Alexander Calder’s *Four Big Dots* ($8.285 million), both fresh to market.

Frieze and NADA New York’s Early Sales Signal Buyer Confidence

Frieze New York opened its VIP preview on May 7, with early sales indicating cautious but steady buyer confidence amid economic uncertainty and the recent acquisition of the fair by Endeavor's former CEO Ari Emanuel. American buyers dominated, while Asian and European collectors were largely absent. Mega-galleries like Gagosian and Pace reported significant sales, including Jeff Koons's Hulk Elvis sculptures and works by Adam Pendleton and Lynda Benglis, though the atmosphere was more subdued and negotiation-friendly than in previous years.

Our Guide to New York Art Week 2025

New York Art Week 2025 is condensed into a single mega-week starting May 5, featuring major art fairs including Frieze New York, Independent, and TEFAF New York, alongside gallery openings, auction previews, and museum shows. The guide provides a day-by-day itinerary, fair overviews, and practical tips for navigating the week, emphasizing that many events are ticketed or free and do not require VIP passes.

Charge of the Indian art brigade

At a Christie’s auction in New York’s Rockefeller Center, an untitled work (Gram Yatra) by MF Husain sold for over Rs 118.7 crore ($13.8 million), becoming the most expensive modern Indian painting ever sold. The buyer is reportedly collector and philanthropist Kiran Nadar. Other record-tying sales include Amrita Sher-Gil’s The Story Teller and Tyeb Mehta’s Trussed Bull, each fetching Rs 61.8 crore at SaffronArt auctions, while a Jagdish Swaminathan painting exceeded estimates at Sotheby’s. These results come amid a 19% rise in the top 50 Indian artists’ sales to $36.2 million, per the 2024 Hurun India Art List.

A New Series on Frida Kahlo and Diego Rivera Is Heading to Netflix

A New Series on Frida Kahlo and Diego Rivera Is Heading to Netflix

Netflix has announced a new series focusing on the turbulent relationship and artistic partnership between Frida Kahlo and Diego Rivera. The project, adapted from Claire Berest's biography, will be co-directed by Mexican filmmakers Patricia Riggen and Gabriel Ripstein and aims to present the story through a specifically Mexican and feminine perspective, exploring their politics and infamous love affairs.

jean michel basquiat work phillips frieze week sales london

Phillips has announced the lineup for its October London sales during Frieze Week, headlined by Jean-Michel Basquiat's 1982 work on paper, *Untitled (Pestus)*, estimated at £3 million ($4 million). The 26-lot evening auction on October 16 also includes Andy Warhol's diamond dust portrait of Giorgio Armani (estimate £800,000), Banksy's *Kate Moss* (estimate £1 million), and works by Jadé Fadojutimi, Flora Yukhnovich, Damien Hirst, Anish Kapoor, Sasha Gordon, and Emma McIntyre. A day sale on October 18 features pieces by Keith Haring, Warhol, Basquiat, Anselm Kiefer, and Yoshitomo Nara.

Heffel’s spring sales, featuring rediscovered royal portrait and E.J. Hughes seascape, tally $16.2m

Heffel's spring auction in Toronto on 21 May achieved a total of C$22.4m ($16.2m), led by E.J. Hughes's seascape *Coastal Boats Near Sidney, BC (1948)*, which sold for C$5.7m ($4.1m)—more than tripling its high estimate and setting a new auction record for the artist. The painting was consigned by Emily Carr University of Art and Design, with proceeds benefiting student awards. Other highlights included works by Mary Pratt, Jean Paul Riopelle, Alex Colville, Takao Tanabe, Tom Thomson, Arthur Lismer, and A.J. Casson, with four lots crossing the million-dollar mark and a 93.75% sell-through rate.

A $433 Million Boost for the Market

Sotheby's May 2026 auctions in New York generated $433.1 million in sales over under three hours, a 132.7 percent increase compared to the same period last spring, despite offering fewer lots. This strong performance signals a top-heavy recovery in the art market after three years of contraction. Separately, the Neue Galerie will merge with the Metropolitan Museum of Art in 2028, and Art Dubai continues despite disruptions from the U.S.-Iran war.

Tracking the Biggest Market Players at the Venice Biennale

The 61st Venice Biennale is underway, and while it is officially a non-commercial exhibition, market forces are increasingly influential behind the scenes. Artnet News host Margaret Carrigan reports on auction houses actively participating in opening week, and highlights Sotheby’s upcoming single-owner sale in London featuring works from billionaire Joe Lewis’s collection, expected to exceed $200 million. Meanwhile, Whitechapel Gallery has created a new economist-in-residence position to address ongoing financial strain in museums.

Long-Hidden Keith Haring Artworks Come to Auction

A collection of rare Keith Haring artworks, gifted to his childhood friend Kermit Oswald over nearly three decades, is coming to auction at Sotheby’s Breuer Building in May 2025. The trove includes a self-portrait from 1985 (estimated at $3–5 million), a painted crib and dresser ($250,000–350,000), a carved wood sculpture from 1983 (up to $800,000), and other early works on wood, fabric, and paper. These pieces trace Haring’s artistic evolution before his subway drawings and international fame, and were kept by Oswald, who was Haring’s best friend since kindergarten and later installed his shows.

This Sam Doyle Painting May Mark a New Price Peak for the Self-Taught Artist

A solo presentation of self-taught artist Sam Doyle's work at the Outsider Art Fair in New York is generating significant attention, particularly a painting titled "Dr Bus Ha.Lo." being offered for sale for the first time at $85,000. The immersive booth, organized by London's Gallery of Everything, recreates the artist's front yard and showcases his vivid portraits of local Gullah community figures and Black cultural icons.

tracing the transition from mannerism to baroque at tefaf maastricht

London-based gallery Trinity Fine Art has announced a curated presentation for TEFAF Maastricht 2026 focusing on the stylistic evolution from Mannerism to the Baroque. The showcase features three significant works: an ambitious 1580 biblical scene by Lavinia Fontana, a rare and well-documented 1610 depiction of St. Jerome by Orazio Gentileschi, and a mature 1620 composition of the Holy Family by Giulio Cesare Procaccini.

Old Masters Records: Gentileschi, Michelangelo, Rembrandt

old masters records gentileschi michelangelo rembrandt

Old Masters Week in New York saw a resurgence in the sector, highlighted by the Italian Ministry of Culture's $14.9 million private acquisition of a rare two-sided panel by Antonello da Messina from Sotheby’s. The week featured high-profile sales at both Sotheby’s and Christie’s, resulting in new auction records for major figures including Artemisia Gentileschi and Michelangelo, as well as a record price for a Rembrandt drawing. The success was attributed to a high level of museum participation and more realistic pricing strategies compared to previous seasons.

william koch western art collection christies

Billionaire collector William I. Koch is set to auction his extensive collection of Western American art at Christie’s New York in January. Titled "Visions of the West," the sale features 76 lots with a combined low estimate of $50 million, potentially doubling the current auction record for the genre. Highlighting the event is Frederic Remington’s 'Coming to the Call', which carries an estimate of $6 million to $8 million and could set a new individual record for the artist.

Rachel Valdés: Light and Matter at Gary Nader Art Centre

rachel valdes gary nader art centre

Cuban artist Rachel Valdés has opened a solo exhibition titled "Light and Matter" at the Gary Nader Art Centre in Miami. The show features a new body of work that explores the phenomenon of diffraction and the concept of afterimages—the optical illusions that persist after a light source is removed. Valdés uses these sensory echoes to bridge the gap between physical light and psychological experience, creating abstract compositions that mimic cellular or internal visions.

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*).

The Night of Records at Christie’s in New York. Here’s How the Mega Art Auction of More Than a Billion Dollars Went

La notte dei record di Christie’s a New York. Ecco com’è andata la mega asta d’arte da più di un miliardo di dollari

On May 18, 2026, Christie’s in New York held a landmark evening auction that surpassed $1.1 billion in total sales, driven by two sessions: Masterpieces: The Private Collection of S.I. Newhouse and a sale of 20th-century art. The Newhouse collection alone brought in $631 million, making it the second most valuable collection ever sold at auction, behind Paul Allen’s $1.7 billion sale in 2022. Record prices were set for Jackson Pollock’s Number 7A, 1948, which sold for $181.2 million, and Constantin Brancusi’s Danaïde (1913), which fetched $107.6 million, a record for a sculpture at auction. Other artists achieving strong results included Mark Rothko, Joan Miró, and Alice Neel.

Shared Crafting, Touching, and Lying Down

"Gemeinsames Basteln, Anfassen und Hinlegen"

Christie's in New York achieved record auction results, with Jackson Pollock's "Number 7A, 1948" selling for $181.2 million and Constantin Brâncuși's bronze sculpture "Danaïde" reaching $107.6 million, both from the S. I. Newhouse collection. Meanwhile, critic Gesine Borcherdt published a scathing review of the Marina Abramović exhibition "Balkan Erotic Epic" at Gropius Bau Berlin, arguing that museums increasingly demand audience participation—crafting, touching, lying down—under the guise of democracy, which she likens to group therapy and warns carries authoritarian tendencies. In London, makeup artist and designer Isamaya Ffrench opened a hybrid gallery and concept store called Studio Iron, featuring works by Abramović, Paul McCarthy, Kelly Wearstler, and Anne Imhof, aiming to blur boundaries between art, design, and function.

Rare Letter Reveals Cash-Strapped Monet Once Put His Paintings Up as Collateral

A rare 1875 letter from Claude Monet, up for auction on March 25, reveals the artist secured a 1,000-franc loan by pledging 35 of his paintings as collateral. The document details his agreement to repay the loan from the proceeds of a future sale, listing specific works including the later-famous 'La Japonaise,' and highlights his persistent financial desperation during this period.

basquiat museum security sothebys

Jean-Michel Basquiat’s monumental 1983 painting, 'Museum Security (Broadway Meltdown)', is set to headline Sotheby’s marquee contemporary evening auction this May with an estimate of $45 million. The seven-foot canvas was created during the artist's pivotal year in Los Angeles and features his signature blend of text and symbols, including wry commentaries on the institutionalization and commercial value of art. The work previously sold at Christie’s in 2013 for $14.5 million.

Embattled Louvre Director Laurence des Cars Resigns

embattled louvre director laurence des cars resigns

Laurence des Cars has resigned as director of the Louvre Museum following months of intense scrutiny and institutional turmoil. Her departure, accepted by French President Emmanuel Macron, comes in the wake of a massive $102 million jewelry heist in October 2025 that exposed severe security lapses, outdated infrastructure, and systemic management failures. Despite proposing a major security overhaul and a massive modernization project, Des Cars faced mounting pressure from government audits, staff walkouts, and investigations into ticket fraud.

chinas ultra contemporary moment

Artnet News profiles five ultra-contemporary artists working in China today, highlighting their practices amid shifting cultural narratives, economic pressures, and technological change. Featured artists include Xia Yu, known for tempera paintings of everyday life, and Ye Linghan, who creates monumental "data portraits" from smartphone screenshots. The article details their backgrounds, notable exhibitions, market prices, and upcoming projects, emphasizing their growing appeal to collectors and curators.