A historic section of the Eiffel Tower's original staircase is set to go up for auction

Un tronçon historique de l’escalier d’origine de la tour Eiffel s’apprête à s’envoler aux enchères

The auction house Artcurial is set to auction a 2.75-meter-tall section of the original spiral staircase from the Eiffel Tower on May 21. This specific segment, consisting of fourteen riveted steel steps, was part of the structure connecting the second and third floors until it was dismantled in 1983 to make way for modern elevators. Estimated between €120,000 and €150,000, the piece holds significant historical value as it is the inaugural 'Lot No. 1' from the original 1983 dispersal sale.

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The U.K. Crown Prosecution Service has charged Hauser & Wirth and an art shipping firm with violating criminal sanctions by making George Condo's 2021 work on paper, *Escape from Humanity*, available to a person connected to Russia in 2022. Separately, Frida Kahlo's 1940 painting *El sueño (La cama)*, estimated at $40–60 million, will be auctioned at Sotheby's on November 20, potentially yielding a 78,400 percent return for its consignor. Qatar is also planning the first duty-free art storage unit in the Gulf.

A New York si è svolta un’asta di oggetti di design con risultati clamorosi (specchi da 30 milioni e altro ancora)

On April 22, 2026, Sotheby's in New York auctioned the first part of the Jean and Terry de Gunzburg collection, comprising around 125 exceptional design and contemporary art pieces. The sale, held at the Breuer Building, achieved a complete sell-out and became the most valuable design auction ever in the United States, totaling $96 million. A highlight was a new auction record for Claude Lalanne: a set of fifteen mirrors originally commissioned by Yves Saint Laurent sold for over $30 million, surpassing the previous record set by her husband François-Xavier Lalanne's Hippopotame Bar.

In tough times for dealers, Art Basel debuts a section for new works

Art Basel is introducing a new section called Premiere at its upcoming fair, designed for galleries to present works created within the last five years by up to three artists, organized around a loose curatorial concept. The inaugural section features ten exhibitors, mostly smaller to mid-sized galleries showing mid-career artists, with prices ranging from €5,000 to $85,000. The section is priced at SFr22,000 for a 32 sq. m stand, cheaper than the main section but more expensive than the emerging-artist-focused Statements section, which can be financially risky for dealers.

Dispatch: Beijing

The article reports on a series of significant shifts in Beijing's art world since 2024. UCCA Center for Contemporary Art faced financial troubles; its director and CEO Philip Tinari ended his 14-year tenure to lead Hong Kong's Tai Kwun. Taikang Art Museum also disclosed leadership changes. Smaller venues like DRC NO. 12 and fRUITYSPACE closed due to lease issues. Independent publishing faces sharp restrictions, and art book fairs are being replaced by cultural-lifestyle merchandise events. Official figures show Beijing lost over a million young residents since 2020 due to soaring living costs and tightening regulations.

Sotheby’s London Notches $63.3 Million Contemporary Sale, as Francis Bacon Portrait Soars

Sotheby's London held a contemporary evening sale on Thursday, totaling £47.6 million ($63.3 million), a significant increase from the £37.6 million ($49.2 million) achieved in the same Frieze-timed sale last year. The auction featured 27 lots, with a sell-through rate of 89%, and was led by Francis Bacon's *Portrait of a Dwarf* (1975), which sold for £13 million ($17.5 million), well above its high estimate. Tom Eddison, Sotheby's co-head of contemporary art, took the rostrum for his first marquee evening auction, guiding measured bidding that saw confident competition, including a cross-Channel contest for the top lot, ultimately won by Johan Nauckhoff for a client.

LACMA’s Soaring New Gallery Was Designed to Give You a Fresh Look at Art History

The Los Angeles County Museum of Art (LACMA) is preparing to open the David Geffen Galleries this spring, marking the culmination of a nearly two-decade campus overhaul led by director Michael Govan. Designed by Pritzker Prize-winning architect Peter Zumthor, the $720 million concrete structure spans 900 feet and is elevated 30 feet above ground to create a public plaza. The new building features 110,000 square feet of gallery space on a single horizontal level, utilizing unconventional materials like gray concrete and floor-to-ceiling windows to integrate natural light.

Cubitt Artists, ‘important’ London gallery and studio space, set to lose home of more than 25 years

Cubitt Artists, a non-profit gallery and studio space in central London that has operated for over 25 years, announced it will leave its current home in Islington this spring after its lease was not renewed. The artist-run cooperative, which houses 32 studios, is launching a fundraising campaign to find a new location and continue providing affordable studios, contemporary art programming, and opportunities for early-career artists and curators.

American University Museum Opens Summer ’25 Exhibitions on June 14

The American University Museum at the Katzen Arts Center will open four new exhibitions on June 14, 2025, running through August 10. The shows include David A. Douglas: Intersections, exploring memory and place through large-scale mixed-media works; Soaring (Narsha), a Korean-American contemporary art exhibition celebrating the Han-Mee Artists Association’s 50th anniversary; Anarchy Loosed Upon the World, featuring vintage Vietnam War wire transmission photographs from the collection of Jo C. Tartt; and The Teen Experience, a show by teenagers from Montgomery County Public Schools examining identity, mental health, and social pressures.

US National Portrait Gallery reveals winner of its triennial portraiture award

The Smithsonian’s National Portrait Gallery in Washington, DC, has announced Brooklyn-based artist Kameron Neal as the winner of its 2025 Outwin Boochever Portrait Competition. Neal was honored for his two-channel video installation *Down the Barrel (of a Lens)* (2023), which incorporates surveillance footage from the 1960s and 70s obtained during his residency at New York City’s Department of Records. The work explores the relationship between police and protesters, displaying footage of Vietnam War protesters, the Black Panthers, Martin Luther King Jr., and John F. Kennedy alongside images of police filming. Neal receives $25,000 and a commission to create a portrait for the museum’s permanent collection. Second prize went to photographer Jared Soares, and third prize to painter David Antonio Cruz; the exhibition featuring all 35 finalists runs from January 24 to August 30, 2025.

‘Hippopotame Bar’ Shatters Design Auction Records, Sells for $31.4 Million

François-Xavier Lalanne's 1976 'Hippopotame Bar,' a whimsical copper, steel, and wood cabinet shaped like a hippopotamus with hidden compartments, sold for $31.4 million at a Sotheby's auction on December 10, 2025. Originally commissioned by the late oil heiress and philanthropist Anne Schlumberger, the piece sparked a 26-minute bidding war that far exceeded its $7–10 million estimate, making it the most valuable design object ever sold at auction and shattering Lalanne's previous auction record.

Auction sales fall 6% in the first half, raising fears of an art market shift

Auction sales at Sotheby's, Christie's, and Phillips fell to $3.98 billion in the first half of 2025, a 6% decline from the same period in 2024 and the lowest total in at least a decade excluding the pandemic. Postwar and contemporary art, the traditional growth engine, dropped 19%. ArtTactic cites lingering concerns over global economic growth, inflation, and geopolitical tensions as dampening confidence, even as wealthy individuals' personal wealth and stock markets reach record highs.

Collector Ken Griffin spends $18.1m on historic US documents signed by Abraham Lincoln

Billionaire hedge fund founder Ken Griffin purchased two rare historic documents signed by President Abraham Lincoln for a total of $18.1 million at a Sotheby's auction in New York on June 26. The lots included a congressional copy of the Thirteenth Amendment (abolishing slavery in 1865) for $13.7 million and a copy of the Emancipation Proclamation (1863) for $4.4 million. Only 15 known versions of the Thirteenth Amendment signed by Lincoln exist, with just four in private hands. Griffin, a top Republican donor and prolific collector, previously bought a first-edition copy of the U.S. Constitution for a record $43.2 million in 2021.

Arkley, Olley soar at $15m art sale

At Smith & Singer's auction of Important Australian Art in Sydney, three paintings sold for over a million dollars each, led by Howard Arkley's 'Contemporary Units' (1988) at $2 million. In-room bidders secured the top lots, with collectors crowding the auction room despite rainy weather.

Centuries-old pottery firm Denby set to call in administrators

The 217-year-old British pottery firm Denby has called in administrators, putting nearly 600 jobs at risk and threatening the closure of the historic Derbyshire manufacturer. The company, which also owns the Burleigh brand, struggled with soaring gas costs, higher labor expenses, tighter financial markets, and softening consumer demand for its premium homeware, leading to a 17% sales drop in its most recent accounts.

In a Piacenza church, the light of designer Davide Groppi becomes a whisper suspended in time

In una chiesa di Piacenza la luce del designer Davide Groppi diventa un sussurro sospeso nel tempo

Renowned lighting designer Davide Groppi has unveiled a major anthological exhibition titled "Un’ora di luce" (An Hour of Light) at Volumnia, a gallery housed within the deconsecrated Church of Sant’Agostino in Piacenza. Curated by Marco Sammicheli, the retrospective spans forty years of Groppi’s career, featuring iconic works like Sampei and Moon alongside new site-specific debuts. The exhibition is structured in two parts: a series of enclosed "utopias" that create intimate light environments, followed by a dialogue between his minimalist fixtures and the soaring, historic architecture of the church.