Old Masters Records: Gentileschi, Michelangelo, Rembrandt

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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.

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French police have arrested nine individuals, including two Louvre employees, for operating a large-scale ticket fraud scheme targeting the Louvre and the Château de Versailles. The network, which sold fake tickets through guided tours, is estimated to have cost the Louvre around €10 million. The arrests follow heightened scrutiny of the museum's security after a major jewel theft in October.

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Google commissioned Judy Chicago to create a major public artwork for the renovation of Chicago's historic Thompson Center, involving a terrazzo floor and a 17-story glass elevator shaft. The artist and her husband, Donald Woodman, began design work in anticipation of a 2027 completion date.

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A previously unknown red-chalk drawing by Michelangelo, a study for the foot of the Libyan Sibyl from the Sistine Chapel ceiling, sold for $27.2 million at Christie’s New York on Thursday, far exceeding its $1.5–$2 million estimate. The work was submitted to Christie’s online estimate portal last March by an anonymous owner who inherited it from their grandmother; it had hung on a wall for years, assumed to be a copy. After months of authentication using infrared reflectography and cross-referencing with drawings at the Metropolitan Museum of Art and the Uffizi Gallery, Christie’s specialists confirmed it as an authentic Michelangelo. The sale set a new auction record for the artist, surpassing the previous $24.3 million record set at Christie’s Paris in 2022.

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Rembrandt van Rijn's drawing *Young Lion Resting* (ca. 1638–42) sold for a record $17.9 million at Sotheby's New York on Wednesday, the highest price ever paid for a drawing by the Dutch master. The work, which toured Paris, Abu Dhabi, Tokyo, and New York before the sale, was offered from the Leiden Collection, the renowned private trove of 17th-century Dutch Golden Age art assembled by Thomas Kaplan and his wife Daphne. All proceeds from the sale will benefit Panthera, the wild cat conservation charity co-founded by Kaplan and Jon Ayers.

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The Hirshhorn Museum and Sculpture Garden has launched a major partnership with the Art Bridges Foundation called '50 for 50'. This initiative will send long-term loans of significant American artworks from the Hirshhorn's collection to smaller museums in all 50 U.S. states and Puerto Rico, with loans lasting three to five years.

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Martial Raysse, the 89-year-old, reclusive giant of postwar French art, has debuted a new exhibition of recent paintings and sculptures at Galerie Templon in Paris. The show features 30 works, selected from over 50, and marks his first collaboration with the gallery, initiated by a handwritten letter from founder Daniel Templon.

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French senators have adopted a bill to facilitate the restitution of art looted during the colonial era, moving towards fulfilling a 2017 promise by President Emmanuel Macron. Meanwhile, Switzerland has appointed former president Simonetta Sommaruga to head a new independent panel examining claims for artworks looted during the Nazi era and colonial period.

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A trustee at the Art Gallery of Ontario (AGO), Judy Schulich, advised the museum's acquisitions committee not to acquire a Nan Goldin video installation, *Stendhal Syndrome* (2024), due to Goldin's pro-Palestine statements and criticism of Israel's war in Gaza. The AGO had planned to purchase the work jointly with the Vancouver Art Gallery and the Walker Art Center, but the AGO withdrew after internal concerns were raised. The controversy led to the resignation of two committee members and one curator, and the museum promised a review of its acquisition process.

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Beverly Buchanan, who lived in Athens, Georgia for over 20 years, often paid for everyday needs with her artworks, trading them with her doctor and local community members. A new exhibition titled "Beverly's Athens" at the University of Georgia's Athenaeum showcases works borrowed from local collections, including pieces from her doctor's personal collection and sculptures from her own backyard. The show features her flower drawings, which her dealer Betty Parsons once rejected, as well as her "ruins" sculptures and archival footage of her garden. Curators Mo Costello and Katz Tepper, both artists who are chronically ill, organized the exhibition to highlight Buchanan's ecosystem of exchange and survival.

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The Art Gallery of Ontario (AGO) chose not to acquire Nan Goldin's 2024 video "Stendhal Syndrome" due to the artist's comments on Israel's war in Gaza, according to a report by the Globe and Mail. The work, which shows blurred images of semi-nude figures and sculptures, was instead purchased by the Vancouver Art Gallery and the Walker Art Center in Minneapolis. An AGO acquisitions committee voted against the acquisition, with internal memos citing Goldin's past statements—including her description of the war as a "genocide" and her criticism of weaponized antisemitism—as the reason. The decision led to the resignation of curator John Zeppetelli and two unnamed committee members, and prompted director Stephan Jost to call for a review of the committee's processes.

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A new TV series titled "The Artist" on The Network offers a chaotic, irreverent take on art history, centering on a widow (Janet McTeer) who may have murdered her robber-baron husband. The show features historical figures like Edgar Degas and Thomas Edison, blending campy soap-opera drama with accurate art-historical references, including real artworks by Monet, Manet, Cassatt, and Degas. The final episodes air December 25 on a free ad-sponsored platform created by director Aram Rappaport.

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Art-world consultants Chen & Lampert present a satirical quiz for contemporary art curators who came of age in the mid-2000s and now face the challenges of middle age—mortgages, school-age children, and dwindling energy for the nightlife that once fueled their careers. The quiz poses ten multiple-choice questions testing whether a curator can stay relevant without partying every night, touching on topics like referencing artists in talks, responding to young artists, and keeping up with art news and trends.

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The Smithsonian's National Portrait Gallery removed wall text referencing President Donald Trump's two impeachments from its "America's Presidents" exhibition after installing a new portrait of him. The original label had noted Trump's political accomplishments and his impeachments for abuse of power and inciting insurrection, which had reportedly been a sore point for the Trump administration. Separately, Colombian painter Beatriz González died at age 93; she was known for reworking Old Master paintings in garish colors and later addressing political upheaval in her country.

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Belgian art dealer Klaas Muller has identified a previously unattributed oil-on-paper study as a work by Flemish master Peter Paul Rubens, titled "Bearded old man, looking down to his left" (ca. 1609). Muller purchased the piece for under €100,000 at a lesser-known northern European auction house three years ago, where it was listed as an unknown artist from the "Flemish school." After recognizing the bearded figure as Saint Thomas from Rubens's "Apostolado Lerma" series at the Prado, Muller commissioned research from art historian Ben van Beneden, former director of Rubenshuis, who confirmed the work's exceptional quality and likely attribution to Rubens. The study also features a ghostly woman's face visible when turned upside down, reflecting Rubens's playful reuse of materials.

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The article reports two major developments in the art world. First, the O-1B artist visa in the US is seeing a surge in applications from social media influencers and OnlyFans models, who use follower counts and digital earnings to demonstrate commercial success, a shift that immigration attorneys say is reshaping how artistic merit is defined. Second, the British Museum is hiring a specialist to recover hundreds of stolen artifacts from its Greek and Roman collections, with 654 of an estimated 1,500 missing items already recovered, while a criminal investigation into former curator Peter Higgs continues.

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Christie’s announced a projected sales total of $2.1 billion for the first half of 2025, matching its H1-2024 figure. While art categories like Impressionist, modern, and Old Masters saw modest growth—Old Masters sales rose 15% to $55 million—luxury categories (handbags, watches, cars, jewelry) surged nearly 30% to $468 million, now accounting for 22% of the total. Notable sales included René Magritte’s *La reconnaissance infinite* (1933) for £10.3 million and Piet Mondrian’s *Composition with Large Red Plane, Bluish Grey, Yellow, Black, and Blue* (1922) for $46.7 million. Guaranteed lots remained low at 1.5%, and the sell-through rate held steady at 88%.

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Tony Shafrazi, the legendary and controversial New York art dealer, is returning to the art fair circuit for the first time since 2012 with a booth at the Independent 20th Century fair in New York. He is presenting works by Armenian sculptor Zadik Zadikian, whose installation of gold bricks Shafrazi first exhibited in Tehran in 1978 before they were lost in the Iranian Revolution, alongside paintings by Brandon Deener. Shafrazi, now in his 80s, closed his New York gallery in 2011 and was banned from Art Basel in 2012 for breaking the fair's rules.

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Art world insiders share their predictions for 2026, anticipating a market rebound after a turbulent 2025 marked by gallery closures and tariff announcements. Key developments include the launch of new art fairs by Art Basel and Frieze in Qatar and Abu Dhabi, the return of the Whitney Biennial and Venice Biennale, and a surge in estate-driven sales as the Great Wealth Transfer accelerates. Experts note a revival of interest in Old Masters and classic taste, with collectors returning to bidding and galleries seeing renewed activity.

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Sotheby's held its inaugural evening sale at the Breuer building, featuring the Contemporary and the Now sale. Auctioneer Oliver Barker achieved $527.5 million in sales, surpassing the pre-sale low estimate of $379 million. The highlight was Gustav Klimt's portrait of Elisabeth Lederer, which sold for $236.4 million, setting an auction record for Klimt and becoming the second most expensive work ever sold at auction. During the sale, auctioneer Phyllis Kao wore a David Webb necklace from the mid-1980s, featuring carved emeralds, rubies, and cabochon sapphires, which was on view and available for private sale at Sotheby's retail salon in the Breuer lobby.

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Robert Mnuchin, the former Wall Street financier who became a prominent art dealer, has died at age 92. In other news, the Brighton and Hove Museums in the UK have sparked debate by calling for Santa Claus to be "decolonized," arguing that the traditional figure reflects colonial assumptions and gender norms. The I.V. Savitsky State Art Museum in Nukus, Uzbekistan, has gained global attention in 2025 after a major overhaul, housing nearly 100,000 works of 20th-century art and becoming a hub for cultural tourism. Artist Arnulf Rainer, a key figure in Europe's postwar art scene, also died on December 18 at age 96.

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The Detroit Institute of Arts (DIA) has reinstalled its African American galleries, moving them from the back of the museum to a prominent location beside Diego Rivera's iconic "Detroit Industry Murals" (1932–33). The reinstallation is framed by a quote from Alain Locke's 1925 essay "The Legacy of the Ancestral Arts," envisioning the museum as an instrument of cultural education and repair. Complementing this is "Contemporary Anishinaabe Art: A Continuation" (through April 5), the first comprehensive survey of art from the Indigenous inhabitants of the Great Lakes region. The DIA began collecting African American art in 1943 and in 2001 became the first US museum to name a curator devoted to that field, Valerie J. Mercer, who still serves as curator and head of African American art.

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Sotheby's is projecting $7.0 billion in consolidated 2025 sales, a 17% increase over the previous year and the strongest result in the company's history. Auction sales rose 26% to $5.7 billion, driven by high-quality consignments including the Leonard A. Lauder Collection and a $236.4 million Klimt painting. Luxury sales climbed 22% to $2.7 billion, while RM Sotheby's surpassed $1 billion for the first time. The opening of Sotheby's new global headquarters at the Breuer Building was a commercial centerpiece, generating $1.17 billion in its inaugural week. The company also expanded rapidly in the Middle East, staging the first international auction in Saudi Arabia and launching Collectors' Week in Abu Dhabi.

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The Center for Curatorial Studies at Bard College (CCS Bard) has awarded its 2026 Audrey Irmas Award for Curatorial Excellence to Los Angeles–based curator Hamza Walker. Walker, executive director of the Brick (formerly LAXART) since 2016, will receive $25,000 and be honored at CCS Bard’s spring gala in April. He is recognized for exhibitions featuring artists like Elizabeth Paige Smith, Gregg Bordowitz, and Postcommodity, and for cocurating the acclaimed "Monuments" exhibition with the Museum of Contemporary Art, Los Angeles, which examines artists' responses to Confederate monument removals. Walker also secured a $1 million donation from collectors Jarl and Pamela Mohn to fund the Brick's move to a new Hollywood space and its rebranding.

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The Rijksmuseum, the national museum of the Netherlands in Amsterdam, has announced a partnership with the municipality of Eindhoven to build a satellite branch in the city. The 35,000-square-foot building will be located in a park near Eindhoven Central Station and is expected to open in six to eight years, presenting exhibitions drawn from the Rijksmuseum’s collection of over one million objects, including masterpieces by Rembrandt, Vermeer, and Van Gogh. Major sponsorship comes from Dutch semiconductor company ASML.

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Barbara Dauphin Duthuit, the wife of Henri Matisse's grandson, has donated 61 works by Matisse to the Musée d’Art Moderne de Paris. The gift includes seven paintings, numerous drawings, etchings, lithographs, and illustrated books, most of which feature portraits of the artist's eldest daughter, Marguerite (1894–1982). Many of these works were on view in France for the first time during the museum's recent exhibition “Matisse and Marguerite: Through Her Father’s Eyes.” The donation spans from Marguerite's childhood to 1945, including pieces that reference her convalescence from diphtheria and her survival of Gestapo torture during World War II.

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The Vancouver Art Gallery has received a transformative gift of 131 artworks from an anonymous Hong Kong collector, forming a living collection called Art Continuum Hong Kong (ACHK) that spans works by 78 artists from the 1950s to today. Meanwhile, Barbara Dauphin Duthuit, wife of Henri Matisse's grandson, donated 61 Matisse works to the Musée d'Art Moderne de la Ville de Paris, including paintings, drawings, and etchings. Additionally, a rare 15th-century illuminated Jewish prayer book looted by Nazis and recently restituted is heading to auction at Sotheby's in February with an estimate of at least $5 million.

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French painter Claire Tabouret's full-scale maquettes for six new stained-glass windows at Notre-Dame Cathedral go on public display at Paris's Grand Palais museum through March 15. The designs, chosen from 110 submissions in an international competition, depict the Pentecost and will be fabricated by the historic atelier Simon-Marq. The new windows replace 19th-century lights by Eugène Viollet-le-Duc and Jean-Baptiste Lassus, which survived the 2019 fire but are being replaced at the direction of French President Emmanuel Macron and Archbishop Laurent Ulrich.

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Tate Britain has announced that French-Algerian artist Zineb Sedira will create the next Tate Britain Commission, her largest project to date, set to run from May 2026 to January 2027 in the museum's Duveen Galleries. Curated by Jessica Vaughan, the commission will feature a new site-specific work responding to the architecture and history of Tate Britain. Sedira, who represented France at the 2022 Venice Biennale with her acclaimed pavilion “Dreams Have No Titles,” is known for exploring themes of diaspora, memory, and identity through photography, video, and installation.

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Ralph Lemon has been awarded the 2025 ARTnews Lifetime Achievement Award for his multidisciplinary practice spanning dance, drawing, painting, installation, sculpture, and writing. The article highlights his career trajectory from founding the Ralph Lemon Dance Company to disbanding it in 1995 to focus on broader artistic collaborations. Central to his work is the Geography Trilogy (1996–2004) and his long-term collaboration with Walter Carter, a former Mississippi sharecropper, whose life and family became a recurring subject. Lemon's recent exhibition "Ceremonies Out of the Air: Ralph Lemon" at MoMA PS1 (November 14, 2024–March 24, 2025), curated by Connie Butler and Thomas Lax, featured videos, found African sculptures, drawings, and a four-channel performance piece, Rant (redux), with Kevin Beasley and Okwui Okpokwasili.