basquiat crowns peso neto sothebys auction 2697577

An early Jean-Michel Basquiat painting, *Crowns (Peso Neto)* (1981), sold for $48.3 million at Sotheby’s contemporary evening sale on Tuesday night, exceeding its pre-sale estimate of $35–45 million. The work, making its auction debut, was created when Basquiat was 21 and features his signature motifs of crowns, black faces, and cartographic lines. Bidding lasted five minutes, with Sotheby’s chairman for China Jen Hua winning on behalf of a phone client. The painting had been held in three private collections over four decades and was previously exhibited at Basquiat’s first solo show at Annina Nosei, documenta 7, the Whitney Museum, and the Fondation Louis Vuitton.

sothebys offer 50m lichtensten 280071

Sotheby's has announced the consignment of Roy Lichtenstein's painting *The Ring (Engagement)* (1962) for its May 12 spring contemporary evening sale in New York, with an estimated price of around $50 million. The work, one of the largest from Lichtenstein's iconic 1961–1964 comic-book-inspired series, has had only two owners in its 53-year history, most recently from the collection of Chicago philanthropist Stefan Edlis, who acquired it at Sotheby's in 1997 for $2.2 million.

saunders collection old masters sothebys 2613872

The collection of Old Masters assembled by Thomas A. Saunders III and his wife Jordan sold for $64.7 million at Sotheby’s on May 21, falling below its low presale estimate but still becoming the most valuable trove of Old Masters ever sold in a single auction. Seven artist records were set, including Luis Meléndez’s *Still Life of a Cauliflower…* ($6.3 million) and Jan Davidsz. de Heem’s floral still life ($8.8 million). The top lot was Francesco Guardi’s twin landscapes of Venice ($10.5 million). A further 14 paintings sold the next day, bringing the collection’s total to $65.4 million.

thomas kaplan rembrandt lion drawing sothebys sale 1234772561

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.

hammer museum leadership michael wellen regan pro 1234771915

The Hammer Museum in Los Angeles has appointed Michael Wellen as its new chief curator and Regan Pro as chief of learning, engagement, and research. Wellen joins from Tate Modern, while Pro was previously at the Lucas Museum of Narrative Art. The appointments fill key leadership roles that had been vacant, with the chief curator position open since 2023.

british taxpayers to underwrite 1 billion loan to cover bayeux tapestry while its shown in the uk 1234768203

France’s Bayeux Tapestry will be loaned to the British Museum in 2026, with the UK Treasury providing an indemnity guarantee of approximately £800 million ($1 billion) to cover potential damage or loss during transport and display. The guarantee, part of the UK government’s indemnity scheme, is a contingent liability—no upfront payment is required unless something goes wrong. The tapestry will travel by truck via the Channel Tunnel in a specially designed crate, displayed behind protective screening, and remain in London until July 2027. The loan is part of a broader cultural agreement between Britain and France, announced by President Emmanuel Macron during his July state visit to London.

tono festival 2026 lineup 1234766560

TONO, the time-based art festival, has announced its 2026 lineup, running March 6–22 across Mexico City and Puebla. The program includes video installations, performance commissions, music events, and screenings at venues such as Laboratorio Arte Alameda, Casa del Lago UNAM, Museo Jumex, Museo de Arte Moderno, and Museo Amparo. Featured artists include Tino Sehgal, Space Afrika, Franziska Aigner, Kelman Duran, Ho Tzu Nyen, Avantgardo, Rafael Lozano-Hemmer, and Melanie Smith. International collaborations bring dance works via 99 Canal and Dance Reflections by Van Cleef & Arpels, and a joint evening with Berlin’s Neue Nationalgalerie. The festival is also co-producing Camille Henrot’s exhibition Água Viva at São Paulo’s Instituto Bardi.

rijksmuseum to open satellite branch eindhoven netherlands 1234766232

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.

manny davidson collection sale results sothebys paris 1234760513

Sotheby’s Paris raised €18.6 million ($21.5 million) from two live sales of the Manny Davidson collection this week, with a third online sale still ongoing. The collection, spanning nearly 500 lots, included rediscovered Old Masters, 18th-century gold enamel, and an automaton clock by James Cox. Highlights included Michael Sweerts’s *A young man wearing a turban holding an upturned roemer: the fingernail test* (1648–52), which sold for €1.6 million, and Joshua Reynolds’s *Self-Portrait, in doctoral robes* (ca. 1770), which fetched €838,200. The evening sale achieved 83% sell-through by lot, with most buyers from Europe and a third from the US.

manny davidson collection sale sothebys paris 1234760156

Sotheby's Paris is selling "The Manny Davidson Collection: A Life in Treasures and Benevolence," a multi-owner sale of nearly 500 lots spanning Old Masters, 19th-century British paintings, 18th-century gold enamel, and decorative objects. Highlights include a rediscovered Michael Sweerts portrait estimated at €800,000–€1.2 million, a Thomas de Keyser portrait of a silversmith, and a Joshua Reynolds self-portrait study. The sale, which includes an evening auction on November 5 and an online component, was previewed by Sotheby's global head of private sales, Old Masters, Chloe Stead.

joan weinstein vice president getty wide program planning 1234756895

The Getty has appointed Joan Weinstein, current director of the Getty Foundation, to the newly created role of vice president for Getty-wide program planning. Weinstein will continue as foundation director until a successor is named, and in her new position she will develop strategy across the institution’s four divisions: the Museum, Research Institute, Conservation Institute, and Foundation, focusing on art historical scholarship and community partnerships. She is best known for co-directing PST ART, a major Southern California cultural collaboration, and has overseen significant relief funds for artists affected by wildfires and the COVID-19 pandemic.

perez art museum miami jose carlos diaz chief curator 1234752086

The Pérez Art Museum Miami (PAMM) has appointed José Carlos Diaz as its new senior director of curatorial affairs and chief curator, effective October 13. Diaz, a Miami native, returns from the Seattle Art Museum where he served as deputy director of art since 2022, overseeing curatorial programs and the "Calder at SAM" initiative following a major gift of 48 Calder works. He succeeds Gilbert Vicario, who left in February. Diaz previously worked at PAMM when it was the Miami Art Museum, and has held curatorial roles at the Bass Museum of Art, Tate Liverpool, the Liverpool Biennial, and the Andy Warhol Museum.

kennedy center audience boos trump french carpenters sentenced for selling fake 18th century chairs moca stays closed morning links for june 12 2025 1234745004

The Museum of Contemporary Art Los Angeles (MOCA) has extended the closure of its Geffen Contemporary space through the weekend as National Guard troops continue to confront anti-ICE protesters nearby. The museum cited safety concerns for staff and visitors, and also halted Pussy Riot member Nadya Tolokonnikova's durational performance 'POLICE STATE,' which had continued even after the initial shutdown on June 8. In other news, two Frenchmen—expert Bill Pallot and carpenter Bruno Desnous—were sentenced to suspended prison sentences and fines for selling fake 18th-century furniture, including chairs falsely attributed to Queen Marie Antoinette, duping the Château de Versailles and a Qatari prince. Meanwhile, President Donald Trump was booed by the audience at a Kennedy Center performance of Les Misérables, and Tamara de Lempicka's painting 'La Belle Rafaëla' (1927) is headed to auction at Sotheby's London with a high estimate of £9 million.

met receives photography collection walter artur 1234742347

The Metropolitan Museum of Art has received a promised gift of more than 6,500 photographic works from German American collector Artur Walther and the Walther Family Foundation. The collection spans 19th-century vernacular photography to contemporary video, with strengths in African studio photography, German post-war photography, Chinese conceptual art, and early vernacular images. Artists represented include Malick Sidibé, Zanele Muholi, Ai Weiwei, Thomas Struth, and Bernd and Hilla Becher. A selection will debut when the Michael C. Rockefeller Wing reopens this month, with further displays planned for the Oscar L. Tang and H.M. Agnes Hsu-Tang Wing opening in 2030.

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.

rijksmuseum sculpture garden 2737060

The Rijksmuseum in Amsterdam has announced an $11.5 million permanent sculpture garden, funded by a €60 million donation from the Don Quixote Foundation. Designed by Foster + Partners and landscape architect Piet Blanckaert, the garden will transform three areas of the museum grounds into a permanent display of Modern and contemporary sculpture, featuring works by Alberto Giacometti, Louise Bourgeois, Alexander Calder, Henry Moore, and Roni Horn. Three existing pavilions will be converted into exhibition spaces, and the garden is slated to open later this year, pending local council approval.

magritte bucksbaum collection sothebys sale 2698202

At Sotheby’s Modern evening auction, René Magritte’s 1942 painting *Le Jockey perdu*—which the artist considered a turning point in his career—sold for over $12.3 million, exceeding its high estimate. The work was part of a group of ten consignments from the estate of shopping mall magnate Matthew Bucksbaum and his wife Carolyn “Kay” Bucksbaum, influential collectors and philanthropists who met on a blind date in 1952. Alongside works by Salvador Dalí, Jean Dubuffet, Paul Klee, and Joan Miró, the evening sale netted more than $25 million, with remaining pieces appearing in subsequent day sales.

sir joshua reynolds portrait inheritance tax 602312

The Tate in London has acquired a full-length portrait by Joshua Reynolds of the 5th Earl of Carlisle (1748–1825) through the UK's Acceptance in Lieu scheme, which allows art to be transferred to the nation in place of inheritance tax. The painting, valued at $6.1 million (£4.7 million), was painted in 1769 and had hung at Castle Howard in North Yorkshire for over 200 years. It will remain on public display there but will also travel to other venues including Tate Britain.

heffel spring auction 2025 highlights art sale 2643183

Toronto-based Heffel Fine Art Auction House will host its Spring Auction on May 22, 2025, featuring a two-part sale: the Postwar and Contemporary Art sale at 5 p.m. EST, followed by the Canadian, Impressionist, and Modern Art sale at 7 p.m. EST. The auction highlights Canadian art from the past century, including works by Group of Seven members like Lawren Harris and Tom Thomson, as well as Refus Global artist Jean-Paul Riopelle. Notable lots include Harris's *Northern Lake* (1926) estimated at $2–3 million CAD, Riopelle's *Sans titre* (1952) with estimate upon request, and Thomson's *Autumn, Algonquin Park* (1914) estimated at $1–1.2 million CAD.

A major Jean-Michel Basquiat painting is expected to sell for more than $5 million in May.

A major Jean-Michel Basquiat painting is expected to sell for more than $5 million in May.

A major painting by Jean-Michel Basquiat, titled *Portrait of the Artist as a Young Derelict*, will be auctioned at Christie’s in New York this May. The 1982 work is a prime example of the artist's raw, graffiti-infused style and is expected to fetch over $5 million. This sale is part of Christie’s marquee spring auctions, highlighting continued strong market demand for blue-chip contemporary art.

armory show 2025 exhibitor list 1234744972

The Armory Show has announced its 2025 exhibitor list, featuring over 230 galleries set to participate in the fair from September 5–7 at the Javits Center in New York, with a VIP preview on September 4. This edition marks the first under new director Kyla McMillan, who has introduced a revised floor plan, a new section called Function organized by dealer Ebony L. Haynes, and a reconfiguration of the large-scale works Platform section led by Souls Grown Deep. More than 20 exhibitors are returning after a hiatus, including White Cube and Andrew Kreps, while 55 galleries are participating for the first time, such as Skarstedt and Megan Mulrooney.

midseaon auctions 2026 analysis jeff koons 1234775448

Christie’s and Sotheby’s recently concluded their 2026 mid-season contemporary art auctions, signaling a shift toward higher-value inventory in what were traditionally lower-stakes sales. The standout result was the $7.6 million sale of Jeff Koons’s sculpture 'Winter Bears' (1988) at Christie’s, setting a record for the highest-valued work ever sold in a mid-season auction. Meanwhile, Sotheby’s held its first 'Contemporary Curated' sale at its new Breuer building headquarters, achieving $19.4 million led by a $3.8 million Alma Thomas painting.

Congress Adopts HEAR Act, Hockney to Celebrate 90th Birthday at Tate Modern’s Turbine Hall: Morning Links for March 17, 2026

The U.S. House of Representatives passed the HEAR Act, a bipartisan bill designed to extend and strengthen laws for the restitution of Nazi-looted art. The bill's new amendments, which declare looted art a violation of international law and expand U.S. jurisdiction, have drawn both praise for aiding restitution and concern over potentially unfair burdens on current owners.

yoshiko mori former chair mori art museum died 85 1234769253

Yoshiko Mori, the founding chairperson of Tokyo's Mori Art Museum, died on December 23 from pneumonia at age 85. Alongside her husband, real estate developer Minoru Mori, she opened the museum in 2003, which has since become one of Japan's premier contemporary art institutions. Mori served as chairperson from 2003 to 2024, then as chairperson emerita until her death. She also founded the Mori Contemporary Art Foundation in 2025 and held numerous international board positions, including trustee at the Royal Academy of Arts and member of the International Council at MoMA and Tate.

sothebys charles stewart supply and demand 1234761813

Sotheby's CEO Charles Stewart told CNBC that the art market has entered a new phase this fall, with supply finally catching up with demand after months of strong bidder activity. New York's marquee auction houses are preparing for sales expected to total more than $1.4 billion, a roughly 50% jump from last year, driven by major consignments including the estate of Leonard Lauder (55 works valued at over $400 million, led by Gustav Klimt's Portrait of Elisabeth Lederer) and collections from Jay and Cindy Pritzker. Christie's highlights include a Monet Nymphéas, a David Hockney portrait, and a Mark Rothko, each estimated at $40–60 million.

yves klein painting sells for 21 4 m at christies paris 1234758742

A 14-foot-wide Yves Klein painting, *California (IKB 71)*, sold at Christie’s Paris for €18.4 million ($21.4 million), setting a new auction record for the artist in France. The work, the largest format Klein made in his signature International Klein Blue, was the cover lot of the house’s *Avant-garde(s) including Thinking Italian* sale and had been in the same New York collection since 2005. Christie’s recently uncovered that the painting stopped in New York en route from Paris to California, where it appeared in a show with dealer Leo Castelli.

greek police arrest abbot art trafficking morning links 1234754255

Greek authorities arrested an abbot from the historic Mega Spilaio monastery in Peloponnese following a months-long undercover sting operation, charging him with trafficking Byzantine icons and other antiquities. Six defendants were arrested on Monday for their alleged involvement in an attempt to sell 14 looted Byzantine icons and two gospels for €200,000 ($235,000), with connections to auction houses in Germany and Cyprus. Separately, the Almaty Museum of Arts (ALMA) opened in Kazakhstan as the country's first private museum dedicated to modern and contemporary art, showcasing over 700 artworks from the collection of auto and real estate tycoon Nurlan Smagulov. A major Yoshitomo Nara painting, 'Haze Days' (1998), is heading to Christie's London with an estimate of £6.5-8.5 million, and the Museum of Women's Art (MOWA) opened in China as the first art institution dedicated to women artists.

Museum acquisitions round-up: Andy Warhol in an apron, a solid-silver relief and Christo's luggage rack

Major international institutions have secured significant new acquisitions, ranging from intimate photographic archives to monumental silver reliefs. The Smithsonian’s Archives of American Art received over 400 stereoscopic slides by Ronnie Cutrone documenting Andy Warhol’s Factory, while the Germanisches Nationalmuseum acquired Luigi Valadier’s final silver masterpiece, 'Lamentation of Christ'. Additionally, the Christo and Jeanne-Claude Foundation donated 14 works to the City of Paris, including the early sculpture 'Package on a Luggage Rack' for the Musée d’Art Moderne de Paris.

christies edlis neeson sale 124 million 2716072

Christie's 21st-century evening sale in New York on Wednesday night achieved $123.6 million, just below its $126 million high estimate and 16% above last year's sale. The sale featured 19 lots from the collection of the late Stefan Edlis and his widow Gael Neeson, which brought in $49.2 million against a $30 million estimate. The top lot was Christopher Wool's "Untitled (RIOT)" (1990), selling for $19.8 million. New auction records were set for Firelei Báez ($1.1 million) and Olga de Amaral ($3.1 million). Only one of 45 lots failed to sell—a Cecily Brown painting estimated at $4–6 million. The sale was characterized by careful use of third-party guarantees and lowered reserves, with art advisor Aileen Agopian noting bidding was "deep and robust" despite a flat atmosphere.

john pritzker donates 188 dada surrealist works to the metropolitan museum of art new york 1234751101

John Pritzker, a Top 200 collector and Metropolitan Museum of Art trustee, has donated 188 Dada and Surrealist works by 37 avant-garde artists to the Met. The Bluff Collection includes pieces by Man Ray, Marcel Duchamp, Max Ernst, Francis Picabia, and others, spanning collages, paintings, photographs, objects, and rare publications. Many works will feature in the museum's upcoming exhibition “Man Ray: When Objects Dream,” opening September 14, which includes 35 Man Ray pieces from the collection. The gift also establishes a research program funded by the John Pritzker Family Fund.