At the Venice Biennale, Koyo Kouoh’s ‘In Minor Keys’ Looks Deeply at Lush Gardens and a Scarred Earth

Koyo Kouoh's exhibition 'In Minor Keys' at the 2026 Venice Biennale centers on the practices of two deceased artists, Issa Samb and Beverly Buchanan, whose ways of thinking animate the show through dedicated 'Shrines' in the Central Pavilion. The exhibition also draws on Marcel Duchamp's legacy, featuring works by over a dozen contemporary artists including Akinbode Akinbiyi, Guadalupe Rosales, Natalia Lassalle-Morillo, Guadalupe Maravilla, Sofía Gallisá Muriente, and Avi Mograbi, whose installation 'Between a River and a Sea' contrasts pre-1948 business directories with a 2023 Gaza Yellow Pages. A section called 'The Schools' highlights artist-run spaces such as Denniston Hill, Guest Artists Space (G.A.S.) Foundation, blaxTARLINES, and the Nairobi Contemporary Art Institute.

Claude Monet’s Market Triumph: 12 Record‑Smashing Paintings That Define an Era

Claude Monet's market dominance is analyzed through twelve record-breaking paintings sold at auction over the past decade, led by *Meules (Haystacks)* (1890), which achieved $110.7 million at Sotheby's New York in 2019—a record for any Impressionist work. The article highlights key sales including *Le Bassin aux Nymphéas* (1919) at $80.45 million, *Nymphéas* (1906) at $54 million, and *Le Pont du chemin de fer à Argenteuil* (1873–74) at $41.4 million, tracing how Monet's serene yet radical landscapes have consistently commanded top prices across Christie's and Sotheby's.

The Venice Biennale has long been a sales platform—now no one is pretending otherwise

The Venice Biennale, traditionally a government-subsidized non-commercial institution where sales were downplayed, is experiencing an unprecedented open embrace of commerce. For the first time, Christie's is hosting an invitation-only selling exhibition in Venice, offering works ranging from Old Masters like Lucas Cranach to Modern and contemporary giants such as Andy Warhol, Louise Bourgeois, and Mark Bradford, with prices from $500,000 to over $35 million. Dealers, auction houses, and private foundations are openly pricing and selling works to collectors, spurred partly by Italy's reduced 5% VAT rate on art imports, now Europe's lowest.

Botticelli under UK export ban purchased by Klesch Collection

A Botticelli painting, *The Virgin and Child Enthroned* (1470s), valued at £10.2 million, has been purchased by the Klesch Collection, a British private collection, after the UK government placed an export bar on the work in May 2025. The painting, which sold at Sotheby’s London in late 2024 for £9.7 million, will be loaned to the Ashmolean Museum in Oxford for three years, ensuring it remains in the UK.

Auctioneer Kimberly Pirtle Leaves Sotheby’s to Launch Hybrid Art-Philanthropy Advisory

Kimberly Pirtle, a fast-rising auctioneer at Sotheby’s, has left the company to launch Gabriel Advisory Group, a hybrid art advisory and cultural philanthropy firm. The new practice works across primary and secondary markets, advising collectors on acquisitions while also guiding philanthropic strategy and institutional engagement, drawing on Pirtle’s experience in Sotheby’s collectors group and her work with benefit auctions for organizations including the Pratt Institute, the Bronx Museum of the Arts, the Queens Museum, and the Gordon Parks Foundation. Pirtle is also maintaining a role as a VIP consultant with Frieze.

British billionaire's £200m art collection most expensive ever offered in UK

British billionaire Joe Lewis will sell a tranche of his art collection in a standalone sale at Sotheby’s in London this June, estimated at £150m–£200m. This makes it the most valuable single-owner collection ever offered in the UK, surpassing the Pauline Karpidas collection which totalled £101m. Highlights include Gustav Klimt’s *Bildnis Gertrud Loew* (est £20m–£30m), Amedeo Modigliani’s *Homme à la pipe* (est £12m–£18m), and Francis Bacon’s *Two Studies for Self-Portrait* (est £8m–£12m). The sale follows a smaller March auction of four works from the Lewis collection that focused on School of London artists.

Rare Roy Lichtenstein Work Could Net $60 Million at Auction

A long-lost Roy Lichtenstein painting from his iconic 'Girl' series, *Anxious Girl* (1964), has resurfaced after more than 30 years in a private collection and will be offered at Christie’s 20th Century Evening Sale in New York on May 18. The work, one of only 10 comic-inspired female portraits Lichtenstein produced during his breakthrough period between 1963 and 1965, carries an estimate of $40–60 million. The consignor acquired it from legendary Pop art patrons Horace and Holly Solomon over three decades ago.

$60 M. Lichtenstein Comes to the Block at Christie’s, Potentially Joining His Priciest Works at Auction

Christie’s will offer Roy Lichtenstein’s 1964 painting *Anxious Girl* from the collection of legendary New York collector-dealer Holly Solomon and her husband Horace, with an estimate of $40–60 million. If it reaches its high estimate, it will become the artist’s second-priciest work at auction, trailing only *Nurse* (1964), which sold for $95.4 million in 2015. The work leads Christie’s 20th-century evening sale on May 18, amid a flurry of high-value consignments as both Christie’s and Sotheby’s aim to sustain momentum after posting improved 2025 results.

Artists Sell More Than $1 M. in Art at Sotheby’s in Support of a Debt-Free Yale MFA Program

A group of artists including Mickalene Thomas, Tammy Nguyen, and Richard Prince are donating works to a Sotheby’s contemporary art day sale next month, with proceeds expected to exceed $1 million. All funds will go toward making Yale University’s MFA art program tuition-free. The sale features works by Yale alumni both historical—Walker Evans, Josef Albers—and contemporary, such as Dominic Chambers and Do Ho Suh, whose $200,000–$300,000 piece is among the lots. The highest-estimated work is a Richard Prince photograph from his “Spiritual America” series, valued at $500,000–$700,000.

An Auction Without Bidding: Loïc Gouzer’s Latest Bet on How to Sell Art

Loïc Gouzer's auction app Fair Warning is launching a new sales format called "No Warning." The system eliminates bidding wars; a work is listed with a price, and buyers can either purchase it immediately or submit a single, binding offer. The highest offer is presented to the seller, who decides to accept or reject it, with no public record of the sale unless disclosed by the parties. The first test of the format is a 1999 Elizabeth Peyton watercolor priced at $400,000.

Claude Lalanne Mirror Ensemble Sells for $33.5 M., Breaking Design Auction Records

A custom ensemble of 15 mirrors by Claude Lalanne sold for $33.5 million at Sotheby's New York, shattering the artist's previous auction record and setting a new global benchmark for the most expensive design work ever sold at auction. The piece, commissioned in 1974 for Yves Saint Laurent and Pierre Bergé's Paris home, far exceeded its $10-15 million estimate.

The Iran War Is Already Tanking Luxury Sales in the Gulf—Could Art Be Next?

Escalating military conflict between the US, Israel, and Iran, which has included strikes on Gulf states, is disrupting the region's burgeoning art market. Major events like Art Dubai have been postponed and scaled back significantly due to exhibitor withdrawals, and planned fairs like Frieze Abu Dhabi face uncertainty. The instability has also caused a sharp spike in shipping and insurance costs for artworks moving through the region.

Which Auction House Led the Pack in 2025?

Christie's led the global fine-art auction market in 2025 with $3.5 billion in sales, a 10.1% increase from 2024. Its top lot was Mark Rothko's 'No. 31 (Yellow Stripe), 1958,' which sold for $62.1 million. Sotheby's followed closely with $3.3 billion in sales, a 31% annual increase, highlighted by the record-breaking $54.7 million sale of Frida Kahlo's 'El sueño (La cama).' Phillips placed a distant third with $390.9 million in sales, a 14.2% decline.

Diane Keaton’s Iconic Wardrobe and Art Collection Head to Auction

Bonhams auction house, in collaboration with the Fine Art Group, is organizing a four-part, 550-lot sale of Diane Keaton's personal belongings. The sales, taking place online and in New York from late May to mid-June, will include her iconic wardrobe, Hollywood memorabilia, home furnishings, and a significant portion of her art collection, featuring works by artists like Robert Rauschenberg and Ed Ruscha, as well as her own mixed-media collages.

Christie’s to Offer $35 M. Renoir Painting Owned by Whitney Family For Nearly a Century

Christie's will auction Pierre-Auguste Renoir's 1876-77 painting 'La femme aux lilas (Portrait de Nini Lopez)' in its 20th Century Evening Sale on May 18, with an estimate of $25 million to $35 million. The work has been owned by the Whitney Payson family since 1929 and is being sold from the collection of the late Lorinda Payson de Roulet, daughter of the original buyers, Joan Whitney Payson and Charles Payson.

Jennifer Gilbert Consigns Blue-Chip Works to Sotheby’s to Fund Detroit Arts Space

Philanthropist Jennifer Gilbert is consigning a selection of blue-chip postwar artworks to Sotheby’s this spring to fund Lumana, a new arts nonprofit in Detroit. The auction highlights include Joan Mitchell’s 'Loom II', estimated at $5 million to $7 million, and a significant target-style painting by Kenneth Noland that could set a new auction record for the artist. The collection also features works by George Rickey and Harry Bertoia, emphasizing a cohesive blend of midcentury abstraction and design.

Unseen George Condo Works Arrive at Auction From Anna Condo’s Collection

Anna Condo, the former wife of American painter George Condo, is bringing 27 previously unseen works from her private collection to auction at Christie’s. The collection, which includes paintings, drawings, and sculptures acquired during their 28-year marriage, will be featured in the Post-War and Contemporary Art day sale on May 21. These works have never been exhibited or sold publicly, offering a rare glimpse into the artist's private creative output between 1988 and 2017.

Billionaire Collector Ken Griffin’s Basquiat Buying Spree Continues

Billionaire collector Ken Griffin has significantly expanded his holdings of Jean-Michel Basquiat, notably acquiring the 1983 masterpiece 'In Italian' from the collection of Peter Brant. The acquisition came to light through press materials for an upcoming exhibition at the Pérez Art Museum Miami (PAMM) titled "Basquiat: Figures, Signs, Symbols," which will showcase nearly a dozen works from Griffin’s private collection. The show, curated by PAMM director Franklin Sirmans and Griffin’s curator Megan Kincaid, includes other high-profile acquisitions such as the 1982 'Untitled (Skull)' previously purchased from Yusaku Maezawa.

Sale of Robert Rauschenberg’s Captiva Compound to Developers Ignites Backlash

The Robert Rauschenberg Foundation has sold the artist’s 22-acre Captiva Island estate to South Seas, a neighboring resort developer, for $45 million. The sale includes Rauschenberg’s former home, studio, and several cottages where he lived and worked for decades. The Foundation defended the move by citing the prohibitive costs of protecting the site against rising sea levels and hurricane damage, confirming that the prestigious Rauschenberg Residency program will now come to an end.

Lalanne mirrors owned by Yves Saint Laurent and a classic Diane Arbus photo: our pick of the April auctions

Major auction houses are preparing for a series of high-profile sales in April, headlined by a suite of fifteen gilt-bronze mirrors by Claude Lalanne. Originally commissioned for the Paris apartment of fashion icon Yves Saint Laurent and Pierre Bergé, the mirrors are expected to fetch between $10m and $15m at Sotheby’s. Other notable lots include a rare Diane Arbus photograph from the collection of Lily Tomlin and Jane Wagner, a pastoral landscape by Russian artist Konstantin Somov, and a centuries-old drawing based on Albrecht Dürer’s famous rhinoceros woodcut.

Local Resort Reportedly Pays $45 M. for Rauschenberg’s Famed Captiva Island Property

South Seas, a resort on Florida's Captiva Island, has purchased Robert Rauschenberg's 22-acre property, including his studio and beachfront, for $45 million. The Robert Rauschenberg Foundation sold the estate, citing unsustainable maintenance costs and the need to focus on its core mission, despite the property having survived Hurricane Ian.

orientalist painting philadelphia penn museum auction

The Penn Museum at the University of Pennsylvania is courting controversy by consigning a major 1891 painting by Ottoman artist Osman Hamdi Bey, titled "At the Mosque Door," to Bonhams London with an estimate of $2.7–$4 million. Although the museum purchased the work directly from the artist in 1895, it was never formally accessioned into the collection, allowing the institution to bypass strict industry regulations that typically prohibit using art sale proceeds for anything other than new acquisitions or collection care. The museum intends to use the funds to establish a permanent endowment for the long-term maintenance of its vast archaeological holdings.

Newly Authenticated Modigliani Heads to Sale at Art Basel Hong Kong via Pace with a $13.3 M. Price Tag

A newly authenticated painting by Amedeo Modigliani, "Jeune femme brune" (1917–18), is being offered for sale by Pace gallery at Art Basel Hong Kong with a price tag of €11.5 million ($13.3 million). The work, the highest-priced piece at the fair, was only recently included in art historian Marc Restellini's forthcoming Modigliani catalogue raisonné after decades of authentication disputes and legal battles.

From technology to Gen Z collectors, Adrian Cheng shares the key trends in Hong Kong’s art scene

Adrian Cheng, a key figure in Hong Kong's art world, identifies major trends shaping the city's art scene ahead of Art Basel Hong Kong. He highlights the convergence of major art fairs, auction house sales, and new gallery openings during the 'Art March' period, drawing a global audience with high-profile exhibitions by international artists like Mary Weatherford, Nicole Eisenman, and El Anatsui.

Brooklyn Museum Treasures, History-Making Guitars—and More Collectibles to Watch

The Brooklyn Museum is deaccessioning approximately 200 objects from its collection, including American furniture, artworks, and textiles, through a sale hosted by Brunk Auctions on April 9. Highlights include a rare circa 1690 walnut dressing table, estimated at $80,000–$120,000, and a late 17th-century oak cupboard. The museum states the sale is part of an ongoing effort to convert storage spaces into galleries and that proceeds will fund collection care and new acquisitions.

A Trove of Vivian Maier’s Photographs Could Rewrite Her Market

A collection of 206 sold-out estate prints by photographer Vivian Maier is being offered as a single lot in Artnet's Important Photographs auction, with an estimate of $1–1.5 million. The trove, which includes gelatin silver and archival pigment prints from the 1950s to 1980s, represents a rare opportunity to acquire a comprehensive group of her work that is no longer available through primary market galleries.

Understanding Nifty Gateway’s demise is paramount for NFTs’ fans and critics alike

Nifty Gateway, a once-prominent curated NFT marketplace, has announced its closure after failing to achieve its ambitious goal of converting one billion people into NFT owners. The platform, which initially succeeded by focusing on digital art sales, leveraged social media metrics like Instagram popularity to select artists such as Kenny Scharf, Filip Hodas, and FVCKRENDER, favoring a pop-centric, visually digestible aesthetic.

The rise and fall of ‘buy-one, give-one’ art sales

A once-common sales tactic in the contemporary art market, known as "buy-one, give-one" or "bogo," has significantly declined. Under this arrangement, collectors gained preferential access to in-demand artists' paintings by agreeing to purchase two works and donating one to a museum. The practice peaked from 2021 to 2023, with institutions like the Metropolitan Museum of Art and the Institute of Contemporary Art, Miami, acquiring works this way.

Lost John Constable Painting Rediscovered in Texas Bound for Auction

Lost John Constable Painting Rediscovered in Texas Bound for Auction

A long-lost, large-scale oil study by John Constable for his famous painting *The Cornfield* has been rediscovered and authenticated after decades in a rural Texas museum. Scientific analysis, including pigment tests and infrared reflectography, confirmed the materials and techniques match Constable's own, leading experts to declare it the largest known study for the 1826 masterpiece. The work, which had been mistakenly cataloged as a copy, will now be auctioned by Heritage Auctions in Dallas this June.

scarcity rarity artnet 20th century art auction

Artnet Auctions has launched its "20th Century Art" sale, featuring works by blue-chip masters including Joan Miró, Yves Klein, and Andy Warhol. The auction, curated by specialists Sylvie François Sturtevant and Jason Rulnick, highlights the distinction between "rarity"—objects that are unusual due to limited production or historical loss—and "scarcity"—where high market demand outstrips the available supply of editioned works.