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

New exhibit at Macon Museum of Arts & Science

A new exhibit has opened at the Macon Museum of Arts & Science in Georgia, featuring a collection of spectacular paintings that the reviewer found visually impressive but thematically puzzling. The exhibit departs from the museum's previous shows, which have ranged from solo artist presentations and local Macon artists to Georgia-wide showcases and even more unconventional, psychedelic-themed works.

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.

Chico State Museum of Anthropology exhibition centered on protest art

An exhibition titled "Celebrate People's History: Latin America and the Art of Protest" has opened at the Chico State Museum of Anthropology in Chico, California. Housed in the Meriam Library Building, the show features protest art from Latin America and Latinx communities in the U.S., addressing topics such as Dolores Huerta, ICE raids, and local issues like the killing of Desmond Phillips. The exhibition includes works from Pedal Press, a Chico-based organization, and offers interactive print materials for K-12 and college students, with free field trips available for school groups.

Art galleries book rooms at Austin's Loren Hotel for free Friends Fair this weekend

Friends Fair returns to Austin this weekend, transforming hotel rooms at The Loren Lady Bird Lake into temporary exhibition spaces for art galleries from across the country. Organized by Phillip Niemeyer of Northern-Southern, Meredith Williams of Martha’s Gallery, and others including McLennon Pen Co. and Ivester Contemporary, the fair will occupy 19 rooms on the hotel’s second floor, with each invited gallery creating a unique installation. The event is free to attend with an RSVP and runs Friday and Saturday.

Get Happy at Casa Ramos Art Gallery

Casa Ramos Art Gallery in Los Osos, California, will open a group exhibition titled “Happy” on May 2, featuring new works by eight Central Coast artists: John Ramos, Mike Golling, Phillip Lopez, George Jercich, Jon Miller, Adrianne Jenkins, Dan Rider, and Elena Ramos Peffly. The show is curated around themes of happiness, color, and optimism, with pieces spanning painting, ceramics, glass, and jewelry. John Ramos will also debut three new prints at the opening reception, which runs from 2 to 6 p.m. at 1034 Los Osos Valley Road and is free to the public.

The auction market breathes a sigh of relief – but not everywhere

Der Auktionsmarkt atmet auf – aber nicht überall

The article reports that the auction market is showing signs of fragile recovery in 2025, with Christie’s, Sotheby’s, and Phillips all posting mid-double-digit percentage increases at their London sales in March compared to the previous year. However, the article notes that the prior year was exceptionally weak, and underlying issues such as high debt levels, aggressive commission models, and unresolved succession questions continue to threaten the stability of the major auction houses.

Youth Art Exhibition award winners announced

The 33rd Annual Creative Youth Art League exhibition opened at the LaGrange Art Museum on April 26, 2026, with award winners announced for student-created artworks. Jackson Rakestraw, a 9th grader from Heard County High, won the Morrill Hutchinson Award for Best of Show, while Taylor Norred, an 11th grader from Troup High, received the Wates Keller Award for Best of Show in Troup County. The exhibition features over 384 students from 30 schools and homeschool groups across four Georgia counties, with categories spanning drawing, painting, mixed media, sculpture, ceramics, and photography.

Gallery celebrates Earth Day

The Grayson Gallery & Art Center (GGAC) in Grayson, Kentucky, is hosting an opening reception for its annual 'Celebrate the Earth 2026' art show and sale on April 24. The event, part of the non-profit's monthly Final Fridays series, will feature original, handmade works from regional artists focused on Earth Day themes, alongside a display of art by homeschooled children. Live music will be provided by the band Kentucky Memories, and the evening will include an awards ceremony with cash prizes and ribbons.

Local creatives participate in return of Artists in the Garden

The second annual "Artists in the Garden" showcase recently launched as part of the month-long Arts in April festivities on Longboat Key. Held outside the Longboat Island Chapel, the two-day exhibition featured thirteen local artists, including Marie Therese Lacroix, Collin Rowland, and Reid Ryan Gerletti, who presented works ranging from oil paintings to furniture crafted from reclaimed wood. The event reported strong sales, with 30% of proceeds donated to the Longboat Key Foundation to support community improvement projects.

Auctions of the week: ancient paintings, Modern art and the Orient

The global art market is entering a high-intensity period between March 5 and 11, 2026, with a dense schedule of auctions spanning Italy, London, Vienna, and Geneva. Major international houses including Christie’s, Sotheby’s, Phillips, and Bonhams are hosting marquee 20th and 21st-century art sales in London, while Italian houses like Finarte, Pandolfini, and Bertolami focus on Old Master paintings, design, and private estates. Notable single-owner collections, such as the Roger and Josette Vanthournout Collection and the estate of Antonio Crivellaro, are among the week's highlights.

The annual Margaret Stonewall Wooldridge Hamblet Thesis Exhibitions return with “In No Particular order” in April 2026

The Margaret Stonewall Wooldridge Hamblet Thesis Exhibitions, titled "In No Particular Order: Senior Show 2026," will open on April 10, 2026, at Vanderbilt University's Space 204 galleries. The showcase features the thesis work of ten graduating senior art majors: Caitlin Nitschke, Kira Tannenbaum, Lin Morales, Dorothy Chen, Paige Restel, Megan Grosse, Remi Marcus, Isaac Bevin Boakye, Izabella Burghardt, and Rubric Barredo. The opening coincides with a department-wide open house at the E. Bronson Ingram Studio Arts Center, displaying work from students across all art classes.

Telfair Academy unveils restored gallery dedicated to African American art history

Telfair Academy in Savannah has unveiled the Walter and Linda Evans Gallery of African American Art, a permanent gallery dedicated to late 19th and early 20th-century African American artworks. The gallery is named for collectors Walter and Linda Evans, who donated 28 works from their collection in 2023. The space, originally the Dining Room, underwent a full restoration and opens to the public on February 6, 2025, after a sold-out reception. The exhibition highlights the challenges and successes of African American artists and the emergence of cultural centers in the Midwest and Northeast, while also reflecting on Telfair's historical relationships with local African American artists.