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art market minute jun 16

Art Basel, the world's largest art fair, returns from June 17 to 22 amid ongoing market contraction and geopolitical instability. Meanwhile, Sotheby's London will auction the private collection of legendary art patron Pauline Karpidas in a 250-lot sale this September, estimated to fetch a record-setting $81 million. Additionally, Frieze will relocate to a new venue in Seoul for its fourth edition in the South Korean capital.

sothebys picasso ceramics

Sotheby's London held a 'white glove' sale of 126 one-of-a-kind ceramics by Pablo Picasso, all from the collection of his granddaughter Marina Picasso. The auction achieved a 100% sell-through rate, generating £12.3 million ($19.4 million), with the top lot—a painted goat-shaped vase titled *Cabri* (circa 1947)—selling for £485,000, nearly quadrupling its estimate.

man sits on and breaks crystal encrusted van gogh chair in italian museum before fleeing

A visitor at the Palazzo Maffei museum in Verona, Italy, was captured on CCTV breaking a crystal-encrusted chair artwork by Italian artist Nicola Bolla. The man sat on the piece, titled the "Van Gogh" chair, causing it to collapse under his weight. The couple fled before staff realized the damage. Police have been notified but the suspects remain unidentified. The artwork has since been restored and is back on display.

graham gund architect art collector dead

Graham Gund, an architect and prominent art collector, died on June 6 at age 84. With his wife Ann, he built a significant contemporary art collection featuring works by Pablo Picasso, Kenneth Noland, Kiki Smith, Christo and Jeanne-Claude, and Richard Serra. Gund designed and funded the Gund Gallery at Kenyon College, his alma mater, and was a longtime patron of the Museum of Fine Arts Boston, where a gallery and the directorship endowment bear his name. He appeared multiple times on the ARTnews Top 200 Collectors list.

pennsylvania man pleads guilty fake picasso basquiat

A 77-year-old Pennsylvania man, Carter Reese, pleaded guilty on May 29 to wire fraud and mail fraud for selling artworks falsely attributed to major modern and contemporary artists including Joan Miró, Pablo Picasso, Andy Warhol, Jean-Michel Basquiat, Roy Lichtenstein, Keith Haring, Fernand Léger, and Francis Bacon. The scheme ran from February 2019 to March 2021, and was uncovered by the FBI's Art Crime Team in Philadelphia and Miami. Reese, a former teacher and admissions director at Pottstown's Hill School, also claimed a personal collection of 17,000 antiques valued at over $6 million.

mari claudia jimenez art law and advisory withers

Mari-Claudia Jiménez, a prominent figure in the international art market and former chairman and president of the Americas at Sotheby's, has joined global law firm Withers to launch Withers Art and Advisory, a hybrid legal-art advisory practice based in New York. The new venture will provide collectors, estates, and institutions with integrated market advice and legal counsel on acquiring and holding art, combining real-time market insight with transactional legal expertise. Jiménez, a barred attorney, has overseen landmark deals including the restitution and sale of five Kazimir Malevich paintings, the $106.5 million sale of Picasso's *Nude, Green Leaves and Bust*, and the record-breaking $922 million Macklowe collection auction.

may marquee auctions recap analysis christies sothebys

Christie's marquee auctions in New York generated $489 million across two sales, led by the $272 million 'Leonard & Louise Riggio: Collected Works' sale and a $217 million 20th century art evening auction. The house guaranteed all 39 lots in the Riggio sale and used third-party guarantees on many others to mitigate risk in a soft market. Top lots included Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black, and Blue* (1922) at $47.6 million, Claude Monet's *Peupliers au bord de l'Epte, crépuscule* (1891) at $49.2 million, and Mark Rothko's *No. 4 (Two Dominants) [Orange, Plum, Black]* (1950–51) at nearly $39 million. Two Warhols were pulled before the sale, highlighting ongoing challenges in selling high-value works at auction.

bob dylan point blank halcyon gallery

Bob Dylan's latest exhibition, "Point Blank," opens on May 9 at London's Halcyon Gallery, featuring nearly 100 original paintings on paper. The works, which began as sketches and were later worked over with color, depict intimate portraits, couples, nudes, and mid-century Americana scenes, reflecting Dylan's ongoing development as a visual artist. The gallery has represented Dylan for nearly 18 years and notes a shift in public perception toward his art.

by the numbers despite 70 million giacometti failure sothebys made money at modern evening sale

Sotheby's Modern art evening sale in New York generated $186.4 million in total sales after fees, but the headline was the failure of Alberto Giacometti's 1955 sculpture *Grande tête mince (Grande tête de Diego)*, estimated at $70 million, which failed to receive a single bid. Despite the high-profile flop, Sotheby's walked away with $34.4 million in buyer's premium net of fees paid to third-party backers, and because it did not guarantee the Giacometti, it faced no financial risk from the unsold lot. The top seller was Pablo Picasso's *Homme assis* (1969), which sold for $15.1 million with fees. The sale's sell-through rate was 76.9 percent, and the hammer total of $152 million fell $88.3 million below the presale low estimate.

sothebys modern art may 2025 sale report giacometti

Sotheby's modern art evening sale in New York on Tuesday night achieved $186.4 million with buyer's premium across 60 lots, with a sell-through rate of 83.3%. Top lots included Pablo Picasso's *Homme assis* ($15.1 million), Georgia O'Keeffe's *Leaves of a Plant* ($13 million), and a new auction record for Paul Signac's *Saint-Georges. Couchant (Venise)* ($8.1 million). However, the sale was overshadowed by the failure of Alberto Giacometti's *Grande tête mince*, a 1955 bronze bust estimated north of $70 million, which went unsold after bidding stalled at $64 million.

art market minute may 12

New York's marquee auction season begins this week, headlined by Christie’s offering the $250 million art collection of Barnes & Noble founder Len Riggio, including Pablo Picasso’s *Femme à la coiffe d’Arlésienne sur fond vert (Lee Miller)*. Meanwhile, the U.S. State Department has released the grant application for the 61st Venice Biennale, introducing tighter deadlines and new ideological guidelines. Separately, Sotheby’s Hong Kong has postponed an auction of ancient Indian gemstones linked to the Buddha.

who was joan shogren computer art

Joan Shogren, a chemistry graduate from San José State University (SJSU) in the early 1950s, created some of the world's first computer-generated art in 1963 while working as a secretary in the chemistry department. Collaborating with graduate student Jim Larson and assistant professor Ralph Fessenden, she developed a theory that computers could create art if given "rules" of proportion, balance, and center of interest. Fessenden translated her "laws of art" into code on an IBM 1620 computer, producing artworks that were printed as number arrays and later hand-colored by artist Marvin Coon. Shogren exhibited these works in May 1963 at the campus bookstore, recognized as the first public display of computer art. Two decades later, she was commissioned by software company T/Maker to create the first clip art, "ClickArt," released in 1984 for Macintosh computers, designed pixel by pixel.

'First-of-its kind' Houston park reveals 6 murals by local artists

Untitled Art, the contemporary art fair, is returning to Houston for its second edition this October. To kick off plans, the fair has commissioned two artist projects that will be unveiled at the city's 39th annual Art Car Parade.

‘Knoxville Girl’ Gets Her Revenge in Wayne White’s New KMA Exhibition

The Knoxville Museum of Art has debuted a major new exhibition by Chattanooga-born artist and puppeteer Wayne White titled "Revenge of the Knoxville Girl." The centerpiece of the show is a ten-foot-tall marionette of the titular character from the famous Appalachian murder ballad, depicted as having crawled out of the river to claim the severed head of her killer, Willy. The installation blends local folklore with references to Cormac McCarthy’s novel *Suttree* and Tennessee Volunteers football culture.

Is an auction house's loss a gallery's gain? Pilar Ordovas collaborates with former Sotheby's specialists for African and Oceanic art show

Pilar Ordovas opens an exhibition at her Mayfair gallery titled *Dialogues: European, American, African and Oceanic Art from the 20th and 21st Centuries*, running from 9 October to 12 December. The show is a collaboration with Jean Fritts, former international chairman of African & Oceanic Art at Sotheby’s, and Pierre Mollfulleda, formerly head of Sotheby’s African & Oceanic Art department in Paris. It pairs Modern and contemporary Western works with African and Oceanic objects that inspired them, including pieces from the landmark 1984 MoMA exhibition "Primitivism" in 20th Century Art.

Paris Man Wins $1.2 Million Picasso Painting in Charity Raffle

A Parisian software salesman, Christophe Dothen, won a 1921 oil painting by Pablo Picasso titled 'Nature Morte' in a charity raffle. The raffle, which sold tickets for 100 euros each, raised over $5 million for the international charity Abridge, which provides clean water to villages in Africa.

Primitivism to Reinvent Art

Le primitivisme pour réinventer l’art

Philippe Dagen has published the third and final volume of his series on primitivism, covering the period from World War II to the late 1970s. The book traces how Western artists, from Barnett Newman and Jackson Pollock to members of the CoBrA movement and figures like Jean Dubuffet, Lucio Fontana, and Yayoi Kusama, engaged with so-called "primitive" art from Africa, Oceania, and the Americas, often as a means of rejecting or redefining modern civilization. Dagen also examines the intellectual debates surrounding primitivism, including the critiques of colonized peoples who refused the label "primitive," and the shifting attitudes of thinkers like Claude Lévi-Strauss, Michel Leiris, and Aimé Césaire.

Robust Sales at Sotheby’s, Phillips Suggest Art Market Upswing

The May 19 evening sales at Sotheby’s and Phillips generated a combined $419.1 million, signaling a potential recovery in the contemporary and modern art market. Sotheby’s brought in $303.9 million—60% more than the previous year—led by a record-breaking $48.4 million Matisse, while Phillips achieved $115.2 million, more than double its 2025 sales. Both auctions saw high sell-through rates, with 98% and 100% of lots sold respectively. Notable lots included a $42.6 million Picasso, a $29.4 million van Gogh drawing, and strong performances by female artists like Lee Bontecou, Joan Mitchell, and Helen Frankenthaler.

Father Daughter Counterfeiting Duo Face Twenty Years in Prison

A father-daughter duo from New Jersey, Erwin Bankowski (50) and Karolina Bankowska (26), pleaded guilty to creating and selling over 200 counterfeit artworks falsely attributed to artists including Andy Warhol, Pablo Picasso, Fritz Scholder, and Banksy. They admitted to wire fraud conspiracy and misrepresentation of Native American-produced goods, defrauding buyers out of at least $2 million. The pair fabricated provenances and collection histories, forged gallery stamps, and attempted to auction the works for up to $160,000 each. They each face up to 20 years in prison.

$120 Raffle Ticket Nets $1.2 Million Picasso

Ari Hodara, a 58-year-old software engineer from Paris, has won Pablo Picasso’s 1941 painting 'Head of a Woman' through a charity raffle. Hodara purchased a single €100 ticket for the '1 Picasso for €100' lottery after seeing an advertisement in a restaurant, eventually beating out 120,000 other participants to claim the work valued at approximately $1.2 million.

MONET TO MATISSE: DEFYING TRADITION to Launch at Art Gallery of South Australia

The Art Gallery of South Australia is set to launch a new exhibition titled 'MONET TO MATISSE: DEFYING TRADITION,' which will feature works by iconic modern artists such as Claude Monet and Henri Matisse. The show aims to highlight how these artists broke away from conventional artistic norms to pioneer new movements in art history.

Modern and Contemporary Middle Eastern Art: Online - Christie's

Christie's is presenting an online sale titled "Modern and Contemporary Middle Eastern Art: Online" from June 2–16, 2026, in London. The auction features 62 lots by leading modern and contemporary artists from the Gulf, the Levant, Iraq, Iran, and North Africa, including works by Samia Halaby, Saliba Douaihy, Baya, Parviz Tanavoli, Mohamed Melehi, and Abdul Halim Radwi. The sale marks 20 years since Christie's inaugural Middle Eastern art auction in the UAE in 2006.

26 Best Museums in the U.S. for Art, Culture, and Unique Experiences

This travel guide highlights 26 of the most significant museums across the United States, ranging from massive encyclopedic institutions to niche cultural centers. The list features major art landmarks like the Metropolitan Museum of Art and the Getty Center alongside specialized venues such as the Smithsonian National Museum of Natural History and the immersive art experience Meow Wolf.

Anyone can say something against injustice. This group uses artwork to do that.

The exhibition "Instructions for Unrest: Art Against Complacency" has opened at Art Produce Gallery in San Diego, featuring a group of artists who utilize their work as a tool for political and social disruption. Curated by Alessandra Moctezuma in collaboration with the nonprofit Space 4 Art, the show presents a diverse range of media aimed at addressing issues such as immigrant rights, LGBTQ+ protections, and environmental policy.

A New Space Built to Replicate an Old-Fashioned Art Salon

The New York Times highlights the emergence of a new physical art space designed to emulate the intimate, conversational atmosphere of traditional 19th-century European salons. Moving away from the sterile 'white cube' aesthetic of modern galleries, this venue prioritizes domestic-scale viewing and intellectual exchange among artists, collectors, and critics.

The Met to Present a Major Exhibition Dedicated to the Careers of Lee Krasner and Jackson Pollock

The Metropolitan Museum of Art has announced a major exhibition titled "Krasner and Pollock: Past Continuous," scheduled to run from October 2026 to January 2027. This landmark show will trace the parallel careers of Lee Krasner and Jackson Pollock, marking the first significant New York presentation for either artist in over two decades. The exhibition aims to examine their distinct yet interconnected practices as artistic peers and life partners, featuring galleries that both juxtapose their works and present them independently to highlight their individual evolutions in abstraction.

On View Now at MAG: New Picasso Exhibition

The Memorial Art Gallery (MAG) in Rochester has launched a series of new installations, headlined by the exhibition "Picasso and the Progressive Proof: Linocuts from a Private Collection." This show provides an intimate look at Pablo Picasso’s late-career printmaking innovations, specifically focusing on the evolution of three major linocuts through their various proofs. Additionally, the museum has debuted Rashid Johnson’s 2019 film "The Hikers" and several new contemporary acquisitions, including works by Donald Moffett and Hugo McCloud, while its major Impressionism survey enters its final days.

Lin Xiang Xiong Art Gallery Opens, Bolstering Penang’s Role As International Arts Hub

The Lin Xiang Xiong Art Gallery officially opened in George Town, Penang, on December 14, with a ceremony officiated by Penang Chief Minister Chow Kon Yeow and attended by former French Prime Minister Jean-Pierre Raffarin. Founded by 80-year-old artist and professor Lin Xiang Xiong, the eight-story, RM100 million gallery houses over 1,000 artworks and features a special inaugural exhibition titled "Picasso and Lin Xiang Xiong: A Dialogue Across Time." The gallery also hosted the Art for Peace International High-Level Art Forum, gathering leaders from UNESCO, France, Brazil, Japan, China, and Malaysia.

‘Get in the Game’ at PAMM puts sports and art on a level playing field

The Pérez Art Museum Miami (PAMM) presents 'Get in the Game: Sports, Art, Culture,' an exhibition running through August 23 that bridges the worlds of sports and visual art. Featuring over 100 works by international artists alongside sports memorabilia—including vintage sneakers, racing equipment, and FIFA World Cup soccer balls from 1930 to 2023—the show is organized by the San Francisco Museum of Modern Art and adapted for Miami with local additions. Curated by PAMM director Franklin Sirmans and co-curator Fabiana A. Sotillo, the exhibition is divided into six thematic sections such as Fandom, Winning and Losing, and Mind and Body, aiming to make both sports and art accessible to all visitors.

Picasso exhibition to open at National Gallery

The National Gallery of Ireland (NGI) in Dublin opens a major monographic exhibition titled 'Picasso: From the Studio' on Thursday, October 9, 2025. Curated in partnership with the Musée Picasso Paris, the exhibition presents a new perspective on Pablo Picasso's life and work, featuring paintings, paper sculptures, ceramics, and photographic works. It is the first major Picasso exhibition in Ireland in 20 years and the only one to offer an overview of his entire career, from the late 19th century to the 1970s. The show includes notable works such as 'Bust of a Woman with a Blue Hat', 'Portrait of Marie-Therese', and 'The Studio at La Californie', and runs until February 22, 2026.