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art world figures remember late patron agnes gund a legend and icon 1234752937

Agnes Gund, a towering art collector and patron of New York's Museum of Modern Art, died Thursday in Manhattan at age 87. Following the announcement, artists and cultural workers including Roxana Marcoci, Glenn Ligon, Lorna Simpson, and Hoor Al Qasimi honored her memory on social media, recalling her friendship, generosity, and commitment to social justice. Gund spearheaded MoMA's 1990s expansion, founded the arts education nonprofit Studio in the School in 1977, and in 2017 sold Roy Lichtenstein's "Masterpiece" (1962) to launch the Art for Justice Fund, a $100 million grant initiative for criminal justice reform.

art historian dieter buchart lvmh jean michel basquiat art world 1234751799

Art historian Dieter Buchhart, a leading expert on Jean-Michel Basquiat and Keith Haring, will debut a new Basquiat exhibition titled “Signs: Connecting Past and Future” at the Dongdaemun Design Plaza in Seoul, opening September 23 and running through January 31, 2026. In a recent interview with Jing Daily, Buchhart discussed the growing convergence of branding, fashion, and art, highlighting the role of luxury companies like LVMH in underwriting major exhibitions, citing their sponsorship of the 2023 show “Basquiat x Warhol. Painting 4 Hands” without special requests, though the exhibition premiered at LVMH’s Fondation Louis Vuitton.

barbara jakobson collector moma trustee dead 1234751166

Barbara Jakobson, a prominent art collector and longtime trustee of the Museum of Modern Art (MoMA), died at age 92 on August 25 in Manhattan due to pneumonia. Known for her extensive network of relationships with artists, dealers, and curators, she was a central figure in the New York art world for decades. Jakobson served on MoMA's board since 1974, helped found the Studio Museum in Harlem in 1968, and persuaded dealer Leo Castelli to donate Robert Rauschenberg's iconic work "Bed" (1955) to MoMA. Her Upper East Side townhouse, filled with works by artists such as Matthew Barney, Diane Arbus, and Robert Mapplethorpe, was a testament to her lifelong engagement with contemporary art.

figurative painting trend boom bust market politics zombie jennifer packer salman toor louis fratino 1234747400

The article examines the narrative that figurative painting died and made a comeback, arguing instead that it never truly disappeared. It traces the art market's pendulum swing from zombie formalism around 2014 to a surge in figurative painting by 2015, fueled by collectors seeking new, affordable works to flip quickly. The piece highlights emerging painters like Gina Beavers, Mira Dancy, Jamian Juliano-Villani, and Greg Parma Smith, and notes that the boom created auction stars whose prices later crashed, as reported in a 2024 New York Times article.

albright college collection sale reading museum 2669929

Albright College in Reading, Pennsylvania, has sold its Freedman Gallery collection for $995,000 to address budget deficits, despite immediate pushback from faculty, community members, and the Freedman family. The Reading Public Museum acquired more than 250 works through a pre-sale agreement, selecting pieces that enhance its holdings, include renowned masters, or have local resonance. The remaining works were auctioned online by Pook and Pook on July 16, surpassing presale estimates, with top lots by Salvador Dalí and Leonid Sokov.

rauschenberg centenary shows 2571710

The Robert Rauschenberg Foundation is launching a global centenary celebration for the artist's 100th birthday, spanning 2025–2026. The program includes major exhibitions at seven institutions across five countries, such as "Five Friends" at Museum Brandhorst in Munich and Museum Ludwig in Cologne, photography shows at the Museum of the City of New York and Fundación Juan March in Madrid, and an exhibition at M+ in Hong Kong focusing on Rauschenberg's ROCI program. The foundation is also initiating grant-making initiatives to highlight Rauschenberg's legacy in art, technology, environmentalism, and social justice.

maurizio cattelan comedian banana eaten pompidou metz 2669084

A museum-goer ate Maurizio Cattelan's "The Comedian" (2019)—a banana duct-taped to a wall—on display at the Pompidou-Metz in France. The museum quickly replaced the fruit, noting it is regularly changed per the artist's instructions. Cattelan joked the eater should have consumed the tape and skin as well.

8 times david hockney broke rules 2638563

David Hockney, the legendary British artist, turns 88 on July 9, and Artnet News reflects on his seven-decade career of rule-breaking. The article highlights eight key moments of defiance, including his openness about his homosexuality before decriminalization in the U.K., his public smoking habit that led to a Paris Metro ad being pulled, and his controversial "Hockney-Falco thesis" arguing that Old Masters used optical tools like the camera lucida. Hockney currently ranks third on the Artnet Intelligence Report for best-selling and most bankable postwar artists, and his largest-ever exhibition is on view at the Fondation Louis Vuitton in Paris.

kenneth griffin 13th amendment emancipation proclamation sothebys 2662810

Billionaire hedge funder and art collector Kenneth Griffin revealed he was the buyer of record-breaking copies of the Emancipation Proclamation and the Thirteenth Amendment, both signed by President Abraham Lincoln, at a Sotheby's New York auction. The Thirteenth Amendment sold for $13.7 million, more than five times the previous record, while the Emancipation Proclamation fetched $4.4 million. Griffin, founder of Citadel, is an avid collector of rare historical documents and high-value art, having previously purchased a copy of the U.S. Constitution for $43.2 million and major works by artists like Willem de Kooning, Jackson Pollock, and Jean-Michel Basquiat.

london summer auctions 2662076 2662076

London's summer auction season saw Sotheby's evening sale bring in $85.7 million, a significant drop from $105 million last year and a 70% decline from $280.1 million in 2015. Christie's opted out of an evening auction entirely, holding only a day sale that netted $12.7 million, while Phillips' combined sales totaled $17.6 million. Highlights included a Tamara de Lempicka painting selling for $10 million, a Jenny Saville drawing setting a new auction record at $2.11 million, and six works from the Dorothy and Roy Lichtenstein collection. The sales were described as 'sensible' by advisor Todd Levin, reflecting a cautious market post-Art Basel.

ken griffin 13th amendment copy sothebys 1234746499

Billionaire hedge fund founder Kenneth C. Griffin has been revealed as the buyer of President Abraham Lincoln's handwritten copy of the 13th Amendment, which sold at Sotheby's for $13.7 million including buyer's premium. The document, one of only four privately held copies, was part of Sotheby's "Fine Books and Manuscripts, Including Americana" sale. Griffin also acquired a signed copy of the Emancipation Proclamation for $4.4 million. The auction house announced the winner on Monday, noting that Griffin secured the amendment by phone after competitive bidding.

jeff koons split rocker lacma resnicks 1234746066

Lynda and Stewart Resnick have donated a monumental Jeff Koons sculpture, *Split-Rocker*, to the Los Angeles County Museum of Art (LACMA). The 37-foot-tall work, made of a metal skeleton and planted with 50,000 flowers, resembles a hybrid toy head—half rocking horse, half dinosaur. It will be installed near a new group of galleries endowed by trustee David Geffen. The Resnicks listed an unnamed piece given to LACMA on their 2023 tax filings valued at $9.6 million. The donation is part of director Michael Govan’s long-term plan to add another major sculpture to LACMA’s campus, alongside works like Chris Burden’s *Urban Light* and Tony Smith’s *Smoke*.

hamad butt whitechapel damien hirst 2657288

Hamad Butt, a Young British Artist (YBA) whose career was cut short by AIDS in 1994, is finally receiving a retrospective at Whitechapel Gallery in London, titled “Apprehensions,” on view until September 7. The exhibition highlights Butt’s bio-art installation *Transmission* (1990), which features live flies feeding on sugar paper texts about contagion, alongside glass books lit by ultraviolet lamps. The show reassesses Butt’s subtle, layered work in contrast to the more famous YBAs like Damien Hirst, who debuted a strikingly similar fly piece, *A Thousand Years* (1990), shortly after Butt’s work was first exhibited.

maurizio cattelan gold toilet trial theft video 2613738

A judge has sentenced two men for stealing Maurizio Cattelan's 18-carat gold toilet, titled "America," from Blenheim Palace in England during a 2019 raid. Michael Jones received 27 months in prison for burglary, while James Sheen was sentenced to four years, added to his existing 19-year term for other crimes. The theft took less than five minutes, causing major flooding and water damage when the toilet was ripped from the plumbing. Police arrested four men in November 2023, with evidence including DNA, phone messages, and CCTV footage leading to convictions. Fred Doe received a suspended sentence, and Bora Guccuk was found not guilty. None of the gold has been recovered and is believed to have been chopped up and sold.

maurizio cattelan golden toilet theft sentencing 1234745129

Two men have been sentenced for stealing Maurizio Cattelan's 18-carat gold toilet, titled "America" (2016), during a 2019 raid at Blenheim Palace in England. James Sheen received a four-year prison sentence, and Michael Jones received a 27-month sentence; a third accomplice, Frederick Doe, was found guilty of conspiracy to convert criminal property. The 227-pound toilet was dismantled in a five-minute raid just two days after being publicly displayed at the palace, and despite being insured for $6 million, it has not been recovered.

pauline karpidas collection sothebys 2655090

The private collection of legendary collector and patron Pauline Karpidas, featuring masterworks by Salvador Dalí, René Magritte, and Les Lalannes, will be auctioned at Sotheby’s London this September. Spanning 250 lots from her eccentric London home, the collection is expected to fetch over £60 million ($81 million), the highest estimate ever placed on a single collection at Sotheby’s Europe. Karpidas, who has collected for 50 years and supported artists like Damien Hirst and Tracy Emin, sees herself as a temporary custodian and is passing the works to a new generation.

damien hirsts colorful spin painting of leonardo dicaprio just raised 1 3 million for charity 2311409

An enormous painting of Leonardo DiCaprio by Damien Hirst, titled *Beautiful Leonardo DiCaprio Looking Away Painting* (2016), sold for $1.3 million at the amfAR Gala in Cannes, France, on May 25. The work, a colorful spin painting signed by both the actor and artist, was donated by collector Christian Levett and auctioned by Simon de Pury. The gala raised $17 million total, with the top lot being a $1.6 million Aston Martin DB12, and also featured artworks by Claire Tabouret, Cecily Brown, Andres Valencia, and Robert De Niro.

sfmoma pastry plagiarism 504596

Bay Area pastry chef Caitlin Freeman has accused the San Francisco Museum of Modern Art (SFMOMA) of copying her art-themed cakes after the museum replaced her Blue Bottle café with a new vendor, McCalls Catering. Freeman, who operated the café on SFMOMA's fifth floor from 2009, created pastries inspired by artworks by Andy Warhol, Jeff Koons, and Roy Lichtenstein, including a signature Piet Mondrian cake, and published a cookbook titled *Modern Art Desserts* in 2013. After SFMOMA's renovation, the contract was awarded to McCalls Catering, which Freeman claims is now producing similar desserts.

damien hirst will keep making artworks after dies 2650250

Damien Hirst, the 59-year-old British artist and one of the world's wealthiest living artists, has revealed a plan to continue creating artworks after his death. In an interview with the London Times, Hirst described a system of 200 notebooks, each representing one year after his demise, which will contain instructions for artworks that collectors can buy the rights to produce. These rights will be tradable certificates, and the works will be signed by his descendants. The scheme allows for back-dating of works, including a sculpture of a pig in formaldehyde conceived in 1991 but never made, which could be fabricated 145 years after his death and dated to 1991. This follows criticism Hirst faced in 2024 for assigning 1990s dates to formaldehyde sculptures actually produced recently, which his company Science Ltd. defended as conceptual artworks dated by conception.

hot lots and top flops 6 artworks that had shocking results at the marquee may auctions 2646787

Artnet News analyzed six standout lots from the marquee May auctions at Christie's and Phillips, highlighting both surprising successes and failures. Among the 'hot lots,' Mark Tansey's study for "The Enunciation" (1992–93) sold for $3.2 million at Christie's—over ten times its low estimate—while Henri Matisse's tiny portrait "Henriette, robe jaune" (1923) fetched $1.4 million, nearly quadrupling expectations. Firelei Báez's "Untitled" (2017) also soared, selling for $381,000 at Phillips, more than triple its high estimate. The article contrasts these with 'top flops,' though the provided text focuses on the successes.

rashid johnson nosedive auction 2644742

Rashid Johnson's mixed media work *Untitled Escape Collage* sold for $292,100 at Phillips's Modern and contemporary art day sale in New York on May 14, falling short of its low estimate and representing a 72 percent loss in value for the consignor, who had purchased it for $816,500 at the same auction house in 2022. The disappointing result coincides with Johnson's solo exhibition at the Guggenheim Museum in New York.

cattelan gold toilet theft businessman sentencing 1234742651

A British businessman, Frederick Doe, has received a 21-month suspended sentence at Oxford Crown Court for his role in the 2019 theft of Maurizio Cattelan's solid-gold toilet artwork "America" (2016), valued at $6 million. The toilet was stolen from Blenheim Palace, a UNESCO World Heritage site and former home of Winston Churchill, where it was installed as part of a Cattelan exhibition. Doe acted as a middleman, convicted of conspiring to transfer criminal property after being recorded offering to sell the 227-pound, 18-karat-gold toilet. Two other men, Michael Jones and James Sheen, were found guilty of planning the theft and are due to be sentenced next month. The gold has never been recovered and is believed to have been broken up and sold.

christies 21st century auction may 2025 marlene dumas 1234742219

Christie's 21st century evening sale on May 14, 2025, generated $96.4 million against a presale low estimate of $79.5 million, with 39 lots offered and a sell-through rate of 90% before withdrawals. The top lot was Jean-Michel Basquiat's 'Baby Boom' (1982), which sold for $23.4 million with fees, consigned by collector Peter M. Brant. Marlene Dumas's 'Miss January' (1997) achieved $13.6 million, setting a new record for the most expensive living female artist, surpassing Jenny Saville's previous record. Other notable sales included Simone Leigh's 'Sentinel' (2020) at $5.7 million, while works by Ellsworth Kelly and Felix Gonzalez-Torres failed to sell.

german photography typologien prada foundation milan richter bechers 1234742353

The Fondazione Prada in Milan is hosting “Typologien,” a survey of 20th-century German photography curated by Suzanne Pfeffer of Frankfurt’s Museum für Moderne Kunst (MMK). The exhibition features works by Karl Blossfeldt, Lotte Jacobi, Hilla Becher, Thomas Struth, Andreas Gursky, Sybille Bergmann, and Candida Höfer, among others, all arranged in dead-on, grid-like typologies. It highlights the formal rules and ethical underpinnings of German photographic traditions, including the influential legacy of Bernd and Hilla Becher and their students from the Düsseldorf Art Academy.

new york frieze auctions 2642395

Frieze New York kicked off at the Shed in Hudson Yards with a notable sale: Jeff Koons's Incredible Hulk sculpture (Tubas) purchased for around $3 million, signaling a reunion between the artist and Gagosian after his departure to Pace in 2021. Despite a cautious market amid President Trump's tariff uncertainties, dealers reported better-than-expected sales on VIP day, with a focus on affordable works in the $50,000-to-$200,000 range. However, challenges emerged including U.S. Customs delays affecting international shipments and tariff confusion that led some fashion designers to withdraw from the Esther II fair.

yayoi kusama georgia okeeffe pen pals 2630108

The article reveals the little-known friendship and correspondence between Japanese artist Yayoi Kusama and American modernist Georgia O'Keeffe. In 1955, a 26-year-old Kusama, inspired by O'Keeffe's work, wrote to her from Japan seeking guidance. O'Keeffe replied within 20 days, offering advice and encouragement, including urging Kusama to move to the United States and show her art widely. Their decades-long correspondence helped Kusama make her career-defining move to America, though the two met only once, in New York, six years after their first exchange.

mondrian christies riggio 2643516

Christie’s marquee auction on Monday night in New York generated $488.8 million in total sales, led by Piet Mondrian’s 1922 painting *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue*, which sold for $47.6 million—just shy of the artist’s $51 million auction record. The sale featured the Leonard & Louise Riggio collection, the largest single collection of the season, comprising 39 works estimated at $252–326 million; after one withdrawal and one unsold lot, the group achieved $271.9 million. Many high-profile lots, including works by Alberto Giacometti, René Magritte, Barbara Hepworth, Gerhard Richter, Mark Rothko, and Andy Warhol, sold on single bids to third-party guarantors, reflecting a cautious market.

5 highlight artnet auctions 2643509

Artnet Auctions has launched its latest Post-War and Contemporary Art sale, featuring works by Damien Hirst, Donald Judd, Francis Alÿs, Fernando Botero, and A.R. Penck. Bidding is open through May 22, 2025, with highlights including Hirst's impasto 'Cherry Blossoms' painting 'Gilded Blossom' (est. $100,000–$150,000), Judd's plywood 'Untitled' (1979), and a figurative work by Tom of Finland alongside an Andy Warhol lot.

phillips nets lean 52 million in new york led by basquiat that david bowie bought for 93000 2644336

Phillips’s Modern and contemporary art evening sale in New York totaled $52 million, a sharp decline from $86.3 million last year. Four lots were withdrawn before the sale, including works by Pablo Picasso and Jasper Johns, and five lots failed to sell, yielding an 86% sell-through rate (78% including withdrawals). The hammer total of $41.8 million fell below the pre-sale low estimate of $52.3 million. Notable sales included a Basquiat piece once owned by David Bowie, which sold for $6.59 million (Bowie bought it in 1995 for $93,400), and a Kiki Kogelnik painting that set a new artist record at $356,000. Five auction records were set overall, including for Ilana Savdie, Olga de Amaral, Grace Hartigan, and James Turrell.

marlene dumas record women artist christies sale 1234742355

Marlene Dumas set a new auction record for the most expensive living female artist when her 1997 painting *Miss January* sold for $13.6 million at a Christie’s evening sale. The work, featuring a nude woman with a ghostly white face, was pre-sold with a third-party guarantee. Other women artists also broke personal records that night, including Simone Leigh (sculpture for $5.7 million) and Emma McIntyre (painting for $201,000). However, the top five priciest works of the week were all by men: Claude Monet, Pablo Picasso, Alberto Giacometti, René Magritte, and Piet Mondrian, with Mondrian’s *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* selling for $47.6 million.