Art auctions see millennials, Gen-Z, snap up Asian art, blue-chip artists

A 2024 report by Artprice shows global art auction sales fell by a third to US$9.9 billion, the lowest since 2009, reflecting cautious collector behavior amid economic uncertainty. Despite the downturn, major auction houses—Sotheby’s, Christie’s, Phillips, and Bonhams—have opened new flagship showrooms in Hong Kong, signaling confidence in recovery. Phillips, Christie’s, Sotheby’s, and Bonhams all unveiled spaces in the West Kowloon Cultural District, The Henderson, Landmark Chater, and Six Pacific Place respectively. Online auctions and private sales are growing, with digital innovation helping engage younger buyers.

Art, Music, and Poetry Converge at Rohmer Gallery

J.C. Hopkins and Linh Luu are opening Rohmer Gallery in Saugerties, New York, this month. The 500-square-foot space on Partition Street is inspired by the cross-disciplinary energy of the New York School of the 1950s and '60s, where poets, painters, and musicians like Frank O'Hara, Jackson Pollock, and John Cage influenced each other. The gallery's debut exhibition, “Look Again,” runs from June 14 to August 13 and features works by Andrea Olivia, Rina Kim, Oneslutriot, Hopkins, and ceramicist Robbie Ginsberg. In addition to visual art, the venue will host weekly acoustic performances, monthly poetry readings, and literary events tied to the couple's imprint, Eponymous Books.

Art Leven to open new Woolloomooloo gallery featuring First Nations works

Art Leven, formerly known as Cooee Art, has officially opened its new multi-level, purpose-built gallery space in Woolloomooloo, Sydney. The relocation marks a significant new chapter for one of Australia’s oldest fine art galleries dedicated to First Nations artists. The inaugural program features a major solo exhibition of paintings by Pintupi artist Mitjili Napanangka Gibson titled "The Places That Know Us," alongside "Gatherings," a group exhibition of bronze and aluminium sculptures produced in collaboration with Urban Art Projects.

phillip k smith sonoran desert installation

Artist Phillip K. Smith III installed "0/90/120," a site-specific work of 11 light panels, inside the historic William F. Cody house in Palm Springs, California. The installation, which ran through May, used reflective and illuminated volumes to transform the Desert Modern architect's family home, drawing the surrounding Sonoran Desert landscape indoors. Smith, who studied architecture at RISD and is known for desert-based works like "Lucid Stead" (2013) and "Reflection Field" at Coachella, created the piece to capture the rapid light changes at sunset and warp perceptions of space.

tappan collective los angeles unveiling

Tappan Collective in Los Angeles unveiled its latest group exhibition, “ELSEWHERE,” on Tuesday with a festive evening event. The show explores and expands the landscape genre, featuring works by artists including Gia Coppola, Michael Harnish, Sasha Court, Marleigh Culver, Michael DeSutter, Lisa Hardy, and Marina Ross. Founder Chelsea Nassib hosted a conversation with painter Satsuki Shibuya and CULTURED contributor Janelle Zara, drawing a crowd of cultural insiders and LA tastemakers such as entrepreneur Holly Liss Jammet, gallerist Rosa Park, and art advisor Kipton Cronkite.

5 exhibits to see at Salem’s galleries, museums in May

Salem's galleries and museums are hosting five notable exhibitions in May, including 'Jew&' at the Salem Art Association for Jewish American Heritage Month, featuring 25 local Jewish artists; 'Courage and Compassion' at the Willamette Heritage Center, exploring Japanese-American internment through local stories; the Annual Invitational Photography Show at Elsinore Framing & Fine Art Gallery; 'Confluence – Where forms converge' at the Stefani Art Gallery, pairing geometric abstraction with woodcarving; and the third annual Keizer Riverwalk Art Fair organized by the Keizer Art Association.

New works by oil painters Betz Green and Jim Green at Stover Mill Gallery

Oil painters Betz Green and Jim Green will showcase their work at the Stover Mill Gallery in Erwinna, Pennsylvania, on weekends from May 9 through May 31, with an opening reception on May 9. Betz Green creates representational, portrait-oriented still lifes with whimsical narratives, while Jim Green works in an impressionistic and expressionistic style with vibrant colors and exaggerated forms. Both artists have won top awards at local venues such as Phillips Mill and Stover Mill.

Phillip Island exhibitions start small but it's a big summer

The Phillip Island Contemporary Exhibition Space Inc (PICES) has launched its 2025-26 Summer Art Exhibitions at the Berninneit Art Gallery in Cowes, Australia. The first of three exhibitions, 'Small Works,' features 50 affordable and unique pieces by artists from Bass Coast and beyond, including local painters Joe La Pira and Peter Walker. The program continues with 'Contempora 1' and 'Contempora 2,' showcasing 64 emerging and established artists across various media through February 1, 2026.

Competition in the Auction Business’s Middle Market is Fierce, and Growing Fiercer

The auction industry's middle market, generally defined as lots valued below $1 million, is experiencing intense competition and shrinking profit margins. While this segment accounts for the vast majority of transactions and a significant share of auction house earnings, rising overhead and sellers demanding complex financial deals—like enhanced hammers and guarantees—are squeezing profitability. Regional and specialized auction houses are fiercely competing for business against each other and against third-party online platforms.

bonhams 2025 sales results market reset

Bonhams ended 2025 with $970 million in global sales, one of its strongest recent performances, driven by growth across regions and categories including fine art, luxury goods, and collector cars. The year’s top lot was a 2020 Bugatti Divo that sold for $9 million. However, the results are overshadowed by a Financial Times report of a £213 million pre-tax loss in 2024, largely due to £153 million in impairment charges tied to a change in ownership—the house was sold by private-equity firm Epiris to Pemberton Asset Management in October 2025. Bonhams Hong Kong posted a record $104 million, UK sales rose 4.5% to $285 million, and digital sales accounted for 46% of total value.

oscar wilde memorabilia collection auction bonhams

Bonhams auction house in London will hold a sale on February 18 of books, photographs, and ephemera related to Irish writer Oscar Wilde, drawn from the 60-year collection of former antiques dealer Jeremy Mason. Highlights include a signed 1891 copy of *The Picture of Dorian Gray* (estimated $16,000–$24,000), a signed 1898 copy of *The Ballad of Reading Gaol* ($13,000–$20,000), and a letter to a child in which Wilde describes himself as a wallflower ($5,400–$8,100). The sale spans Wilde’s life from childhood to his literary success, imprisonment, and exile.

bonhams posted significant losses 2024

Bonhams, the UK-based auction house, reported a nearly 90% surge in pre-tax losses to £213 million ($286.3 million) in 2024, alongside a 9% revenue decline to £176 million ($236.6 million), according to filings with Companies House. The losses were driven by £153 million in impairment charges due to reduced cash flow forecasts, reflecting a write-down on the investment value held by former owner Epiris. The house was sold to Pemberton Asset Management in October 2024, and subsequently saw a leadership overhaul, with Seth Johnson appointed CEO, Liese Thomas as CFO, and Jennifer Babington as COO, replacing Chabi Nouri and Céline Assimon.

phillips juvenile triceratops fossil auction

Phillips auction house sold a juvenile Triceratops skeleton named Cera for $5.4 million at its Modern and contemporary evening sale in New York, marking the company's first foray into dinosaur fossils. The specimen, discovered in South Dakota's Hell Creek Formation, is the first juvenile Triceratops ever uncovered and features two-thirds of its original skeleton. The sale exceeded its low estimate of $2.5 million, and other natural history lots, including a preserved marine crocodile, were also offered.

vanderbilt sapphire phillips geneva jewels

Phillips’s “Geneva Jewels Auction” on Monday achieved CHF 13.7 million ($17 million) in total sales, with 96 of 113 lots sold (85% sell-through rate). Twelve lots from the Vanderbilt family sold out, contributing CHF 3.42 million ($4.25 million)—four times their low estimate. The top lot was “The Vanderbilt Sapphire,” a 42-karat sugarloaf Kashmir sapphire and diamond brooch by Tiffany & Co., which sold for CHF 2.88 million ($3.57 million), exceeding its $1–1.5 million estimate. Other highlights included a Cartier Magnificent diamond brooch ($560,582), a Bulgari “Serpenti” belt ($368,383), and multiple Cartier “Panthère” jewels. The auction drew over 1,600 visitors and bids from 44 countries.

Auctions of the week: ancient art, design and antiques

A busy week of auctions is scheduled for May 21-27, 2026, spanning Milan, New York, and other global hubs. Italian auction houses including FarsettiArte, Wannenes, Gonnelli, Finarte, Capitolium AuctionHouse, Pananti, Aste Bolaffi, Il Ponte, Maison Bibelot, Babuino Fine Art Auctions, and Pandolfini will offer paintings, drawings, sculptures, antiques, design, jewelry, and vintage fashion. International houses Christie’s, Sotheby’s, Bonhams - Cornette de Saint-Cyr, and Dorotheum also hold sales in New York, Zurich, Paris, and Vienna, covering post-war and contemporary art, handbags, fine wine, and antiques.

‘Currents’ multimedia installations portray Schuylkill River in new art exhibit at Fairmount Water Works

Martha McDonald will perform original songs on a glass armonica at the Fairmount Water Works in Philadelphia as part of 'Currents,' a new multimedia art exhibit. The show features installations by 10 local artists that animate the historic water system's underground corridors, coinciding with the 250th anniversary of the Declaration of Independence. Works include a 3D animation timeline of the Schuylkill River by Nadia Hironaka and Matthew Suib, photographic pieces by Julianna Foster, and an installation by Taji Ra’oof Nahl addressing water and honey bees. The exhibit runs through Aug. 8.

Arts Council News – Fine Art Exhibition Awards

MiC initiates cultural bridge between Italy and Mozambique on contemporary art

On April 20, 2026, the Italy-Mozambique project "A Bridge Made in Art" launched in Maputo, Mozambique, running until June 2027. Sponsored by Italy's Ministry of Culture and the National Museums of Perugia, the initiative includes workshops, exhibitions, and training in contemporary art, involving Mozambican institutions such as Universidade Eduardo Mondlane, Fundação Leite Couto, and Núcleo de Arte. The program is part of the Mattei Plan for Africa, aiming to redefine Italy-Africa relations through cultural cooperation.

Graduating Seniors, LSAA Artists' Works on Display

Northern Michigan University's DeVos Art Museum is hosting two concurrent exhibitions. The first is the NMU School of Art & Design Senior Exhibition, featuring capstone projects from graduating seniors across various media, with a closing ceremony on May 1. The second is "Celebrating Legacy: Lake Superior Art Association in the Permanent Collection," a group show marking the LSAA's 75th anniversary by displaying works by past and present members from the museum's holdings.

Space 204 welcomes back 2024 Hamblet Award Recipient, Chidinma Onukwuru in January 2026

Space 204 and the Vanderbilt University Department of Art will host a solo exhibition by Chidinma Onukwuru, the 2024 Hamblet Award recipient, from January 8–29, 2026. Titled "It’s Frightening Having This Much Presence," the show explores Igbo spirituality, ancestral ties, and the continuity of traditional Nigerian ceramic techniques, with an opening reception on January 8.

Heffel’s autumn sales, including auction of art from collection of Canada’s oldest company, tally $22.1m

Heffel Fine Art Auction House held its marquee autumn sales in Toronto on November 19, featuring four auctions that included works from the collection of the Hudson's Bay Company, North America's oldest company, which declared bankruptcy earlier this year. The marathon series of sales also included a single-owner auction of the late collector Lillian Mayland McKimm's holdings and two multi-owner sales of Canadian, Impressionist, modern, post-war, and contemporary art. Over 16 artists' secondary market records were broken, with total sales reaching C$31 million ($22.1 million). Notable highlights included E.J. Hughes' 'Entrance to Howe Sound' selling for C$4.8 million, more than doubling his previous record, and Winston Churchill's painting 'Marrakech' fetching C$1.5 million.

Trento, Studio Raffaelli brings Silas and Angus Borsos' painting and photography to Italy

From September 25 to December 15, 2025, Studio d'Arte Raffaelli in Trento, Italy, presents a double solo exhibition by Canadian brothers Silas and Angus Borsos, titled 'Broadway Dreams and the Vancouver Void.' Silas Borsos, a painter based in Brooklyn, shows small-format impressionistic works focused on theater, film scenes, and New York subway glimpses, alongside a large wall installation on paper. Angus Borsos, a photographer and former music video director, exhibits black-and-white analog photographs capturing Vancouver's urban landscapes and existential atmosphere. The exhibition marks the brothers' first joint presentation in Italy and includes a catalog with contributions by Virginia Raffaelli, Camilla Nacci Zanetti, and Gian Marco Montesano.

In the new documentary Architecton, buildings collapse and stones dance

Victor Kossakovsky's new documentary *Architecton*, opening in US theaters on August 1, premiered at the Berlin International Film Festival. The film is a silent, drone-shot meditation on the destruction of the built environment, showing war-ravaged buildings in Ukraine, earthquake ruins in Turkey and Lebanon, and the violent process of stone being blasted for concrete. It contrasts modern structures that collapse within decades with ancient buildings that still stand, and features architect Michele di Lucchi as a quiet voice for thoughtful, enduring design. The film's score is by Russian expatriate composer Evgueni Galperine.

State Museum Announces Finalists for 58th Annual “Art of the State” Exhibition

The State Museum of Pennsylvania has announced the finalists for the 58th annual "Art of the State" exhibition, featuring 96 artists from over 30 counties across the Commonwealth. Selected from 2,344 entries submitted by 696 artists, the finalists' works span five categories: paintings, photography/digital media, crafts, sculptures, and works on paper. A panel of selection jurors—Brenton Good, Shin-hee Chin, and Lauren Whearty—chose the finalists, while awards juror Denise Ryner will determine first, second, and third place winners in each category. Cash prizes totaling $5,300 will be awarded, including the Art Docents’ Choice Award. The exhibition opens June 8, 2025, with free admission on opening day, and runs through September 14, 2025.

The Pressure to Mean Something: Inside the VCUarts’ MFA Exhibition

The article covers the MFA exhibition at VCUarts, showcasing the work of graduate students in the visual arts program. It highlights the pressure on emerging artists to imbue their work with meaning and the diverse approaches taken by the exhibitors.

Art on Main presents "Women in Art: Revealing Our Magnificence" opening reception

Art on Main in Dallas is presenting "Women in Art: Revealing Our Magnificence," a juried exhibition featuring bold, expressive works across mediums such as painting, drawing, photography, fiber art, sculpture, printmaking, and ceramics. The opening reception includes live music by the East Dallas Uke-A-Ladies and a set by DJ MISO, along with a Best in Show award presentation, and the exhibit runs through May 30.

Peabody Essex Museum Celebrates America250 With New Declaration of Independence Exhibition

The Peabody Essex Museum (PEM) in Salem, Massachusetts, is launching a new exhibition titled "Pressing Importance: Salem and the Declaration of Independence" on May 2, 2026. Curated by Dan Lipcan, the show features rare materials from the museum's Phillips Library, including two of the earliest surviving broadside editions of the Declaration. The display focuses on the Revolutionary-era manuscripts, newspapers, and pamphlets that were instrumental in circulating the message of independence throughout the colonies.

Travel back in time on an immersive journey through Italy’s rich mosaics at Miami’s Frost Art Museum

The Frost Art Museum at Florida International University in Miami has opened "MOSAICO: Italian Code of a Timeless Art," an exhibition featuring ancient Italian mosaics, including fragments from a ship belonging to Roman emperor Caligula and 11th-century stone slabs from the tombs of Saints Benedict and Scholastica. These artifacts, on view in the US for the first time, are loaned from the Capitoline Museums in Rome and are presented alongside immersive digital projections by Magister Art that recreate sites like the Mausoleum of Galla Placidia and the Basilica of San Vitale. The exhibition is organized by region, highlighting Unesco World Heritage sites and spanning techniques from the Hellenistic period to Roman opus sectile.

Patricia and Phillip Frost Art Museum Hosts Exhibition Marking Anniversary of Florida-Wakayama Sister State Agreement

The Patricia & Phillip Frost Art Museum at Florida International University is hosting the exhibition “Harmony of Nature and Art” to commemorate the 30th anniversary of the sister-state agreement between Florida and Wakayama Prefecture, Japan. The traveling exhibition, which previously appeared at the Florida Capitol’s 22nd Floor Art Gallery and the Atlantic Center for the Arts, features traditional Noh masks by master carver Hakuzan Kubo, netsuke miniature sculptures from the Frost Art Museum collection, and paintings by the Florida Highwaymen. It is organized by the Florida Department of State Division of Arts and Culture with loans from multiple institutions and private collectors.

New York’s ‘Chaotic’ Mega Auction Season Ends on a Mixed Note

New York’s mega auction season concluded with mixed results, characterized by volatility and unpredictability. Major auction houses like Christie’s, Sotheby’s, and Phillips held high-stakes sales of Impressionist, modern, and contemporary art, with some lots exceeding expectations while others failed to sell or fell short of estimates. The season was marked by a ‘chaotic’ atmosphere, reflecting shifting collector preferences and market uncertainty.