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Australian-born artist Petrina Ryan-Kleid's 2012 student painting *Parsing Bill*, depicting Bill Clinton in a blue dress, went viral after the Daily Mail revealed it had been owned and prominently displayed by convicted pedophile Jeffrey Epstein. The work, created as a satirical thesis piece at the New York Academy of Art, was intended to critique how opposition parties caricature presidents, referencing Monica Lewinsky's blue dress. Ryan-Kleid, who sold the painting for about $1,300 at the 2012 Tribeca Ball fundraiser, has since distanced herself from the political narrative, expressing discomfort and clarifying the piece's original intent.

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Hollywood star Johnny Depp is releasing limited-edition prints of two personal watercolors originally painted in the early 2000s at his French estate, Le Hameau. The collection, titled "Let the Light in," includes a self-portrait called *Add the Light* and a rose painting *A Rose Is a Rose Is a Rose*, a tribute to his daughter Lily-Rose. Each work is offered in 195 signed editions through London's Castle Fine Art on July 18, priced individually at £2,950 framed or £2,500 unframed. The paintings reflect Depp's life with former partner Vanessa Paradis and their children in the south of France.

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Artist Jill Magid has transformed her solo exhibition at Various Small Fires in Los Angeles into a platform for her dealer Esther Kim Varet’s congressional campaign. The show, titled “Heart of a Citizen,” features a replica of the White House Press Briefing Room podium, which Kim Varet uses to deliver stump speeches. Other works include a neon sign quoting a stenographer’s note and concrete casts of Magid’s heart, inspired by the White House Rose Garden. Magid emphasizes the show is not an endorsement but an exploration of power, free speech, and democracy.

Robert Mnuchin, the blue-chip gallerist who loved the drama of the auction saleroom, has died aged 92

Robert Mnuchin, the prominent New York gallerist who transitioned from a 33-year career on Wall Street to become a major force in the art world, has died at age 92. After heading the trading desk at Goldman Sachs, he co-founded C&M Arts in 1992 with James Corcoran, later establishing L&M Arts with Dominique Lévy in 2005, which was renamed Mnuchin Gallery in 2013. Known for his aggressive bidding at auction, Mnuchin made headlines with high-profile purchases including Roy Lichtenstein's *Sinking Sun* (1964) for $15.6 million in 2006 and Jeff Koons's *Rabbit* (1986) for $91.1 million in 2019, the latter a record for a living artist at the time.

Booming stock market is fueling a mega-billion return to classic art and a backlash to junk

A booming stock market and increased disposable income among the ultra-wealthy have fueled a $2.2 billion fall auction season in New York, led by Gustav Klimt's "Portrait of Elisabeth Lederer," which sold for $236.4 million at Sotheby's. Other major sales include Frida Kahlo's "El sueño (la cama)" setting a record for a female artist at $55 million, and Mark Rothko's "No. 31 Yellow Stripe" fetching $62 million at Christie's. The surge is attributed to a convergence of high-quality estates coming to market—including those of Leonard Lauder, Robert and Patricia Ross Weis, and Jay and Cindy Pritzker—and renewed confidence among wealthy buyers after a stagnant period for art prices.

Miami Art Week guide: Some of the top art fairs to visit

Miami Art Week, headlined by Art Basel Miami Beach, returns December 1-7, 2025, transforming Miami-Dade County into a sprawling arts celebration. The guide highlights major fairs including Art Basel (283 galleries from 43 countries), Art Miami + Context Art Miami (celebrating 35 years with 160 international galleries), Scope Art Show (featuring padel matches and 80+ galleries), and Untitled Art Fair (160 exhibitors including nonprofits for the first time). Notable new additions include Cuban gallery El Apartamento making history as the first gallery founded on the island to participate in Art Basel, and a new digital art sector called Zero 10.

A dreamscape in violet: Zao Wou-Ki’s "27.01.83" sells for US$2.3m at China Guardian Hong Kong

China Guardian Hong Kong's 2025 Autumn Auctions achieved approximately HK$70 million (US$8.9 million) in its Asian 20th Century and Contemporary Art Sale on 8 October. The top lot was Zao Wou-Ki's abstract canvas *27.01.83* (1983), which sold for HK$17.7 million (US$2.3 million), more than doubling its low estimate. The second-highest result was Li Chen's bronze sculpture *Dragon-Riding Buddha* (2001), which fetched nearly HK$11.15 million (US$1.4 million). The sale recorded an 85% sell-through rate across 99 lots.

Tim Blum will phase out traditional gallery model, close Los Angeles and Tokyo locations

Tim Blum, co-founder of the influential Los Angeles gallery Blum (formerly Blum & Poe), announced he will phase out the traditional gallery model, closing the gallery's permanent public spaces in Los Angeles and Tokyo. Blum cited burnout from the relentless demands of art fairs and gallery openings, emphasizing the decision is about the system, not the market. The gallery, which introduced American audiences to Japanese artists like Yoshitomo Nara and Takashi Murakami and gave early shows to Mark Grotjahn and Anna Weyant, will shift to a more flexible model involving collaborations and special projects. A previous New York space closed in 2023, and a Tribeca space's future remains undetermined.

Long Live the King?

Sam Jacob's essay in ArtReview uses the upcoming Baz Luhrmann film 'EPIC: Elvis Presley in Concert' (2026) as a springboard to explore the cultural and technical implications of digital restoration. The film, a spinoff from Luhrmann's 2022 Elvis biopic, draws on 59 hours of previously unseen footage from Elvis Presley's 1970 and 1972 Las Vegas performances, recovered from Warner's Kansas salt-mine archive. Using Peter Jackson's Park Road Post technology—including Machine Assisted Learning (MAL) for demixing audio and video—the damaged, fragmented material has been digitally scanned, reconstructed, and enhanced to 4k resolution with 12-channel sound, presented in IMAX cinemas.

art abbas akhavan venice biennale canadian pavilion

Abbas Akhavan has transformed the Canadian Pavilion at the Venice Biennale into a greenhouse-like installation titled "Abbas Akhavan: Entre chien et loup." The pavilion's wooden doorway has been replaced with glass, revealing a pond with pinkish water illuminated by sunlight and LED grow-lamps. Visitors encounter mossy boulders, a vintage fur coat sprayed with water, sharpened bronze sticks, and custom frosted mirrors that blur the architecture. The centerpiece will be three giant Bolivian water lilies, grown from seeds sent from Kew Gardens to Padua, which will gradually take over the pond over the summer. The exhibition is curated by Kim Nguyen, commissioned by the National Gallery of Canada, and supported by the Canada Council for the Arts.

Artists and Art Professionals Denounce Mexico’s Handling of Resurfaced Art Collection: ‘An Institutional Blunder’

Over 200 Mexican artists and art professionals signed an open letter accusing the government and the National Institute of Fine Arts and Literature (INBAL) of an 'institutional blunder' for allowing the resurfaced Gelman collection—approximately 300 works including pieces by Frida Kahlo and other major Mexican artists—to be exported to Spain. The collection, now held by Banco Santander's foundation, is classified as Mexican artistic monuments, which typically restricts foreign export to one or two years.

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A group of high-profile artists including Es Devlin, Brian Eno, Nan Goldin, and Grayson Perry are donating works for a London-based charity auction to support humanitarian aid in Palestine. Organized by Choose Love, Gideon Berger Studio, Hope 93 Gallery, and dealer Zayna Al-Saleh, the sale will benefit the Together For Palestine Fund. The auction features a diverse range of media, from Grayson Perry’s ceramics to Nan Goldin’s photography, and will be accompanied by a public exhibition at Hope 93 Gallery from March 26 to April 9.

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Italian fashion designer and art collector Valentino Garavani died in Rome on January 19 at age 93. Born in Voghera, he moved to Paris for fashion studies, worked for Jean Dessès and Guy Laroche, then launched his own brand in Rome in 1959. Known for elegant gowns worn by icons like Jacqueline Kennedy Onassis and Princess Diana, he retired in 2008. Garavani and his longtime business partner Giancarlo Giammetti built significant art collections; Garavani sold a Basquiat painting for $67 million at Christie’s in 2023, and Giammetti sold another for $93 million in 2021. Garavani also owned works by Warhol, Lichtenstein, and de Kooning. In 2024, he opened PM23, an exhibition space in Rome run by the Fondazione Valentino Garavani and Giancarlo Giammetti, which launched its second show, “Venus,” featuring Joana Vasconcelos, two days before his death.

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A conservation plan is underway to protect 26 square kilometers of New Mexico desert near Abiquiu that inspired Georgia O’Keeffe’s iconic paintings. The land, owned by a charitable arm of the Presbyterian Church, is being safeguarded through a partnership with the New Mexico Land Conservancy and the state government, with a $920,000 award from a state conservation trust. The protected area includes sandstone bluffs, grasslands, and views of Cerro Pedernal, while preserving access for film productions and ranchers.

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Gustav Klimt's landscape painting *Waldabhang in Unterach am Attersee* (1916) sold for $70.8 million at Sotheby's on Tuesday night, hammering at $61 million. The work was the third Klimt painting sold by Sotheby's from the collection of the late mega-collector Leonard A. Lauder, and was the first Klimt landscape Lauder ever purchased. The sale comes after Lauder's other Klimt landscapes achieved record prices, including *Blumenwiese* ($86 million) and his portrait of Elisabeth Lederer ($236.4 million).

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Gustav Klimt's 1908 landscape painting *Blumenwiese* (Blooming Meadow) sold for $86 million at Sotheby's, slightly above its $80 million-plus estimate. The work was part of the Leonard A. Lauder Collection, a major consignment also featuring pieces by Matisse, Munch, and Martin. Lauder had acquired the painting in 1985, drawn to Viennese modernism and Klimt's Attersee period. The sale marks the second-highest price ever for a Klimt landscape, trailing the $104.5 million record set by *Birch Forest* in 2022.

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"Fata Morgana," an exhibition organized by the Fondazione Nicola Trussardi at Palazzo Morando in Milan, presents works by 78 artists past and present who embody Marcel Duchamp's idea of the artist as a "mediumistic being." The show includes nuns, mediums, psychiatric patients, and contemporary stars like Marianna Simnett and Rosemarie Trockel, alongside avant-garde icons such as Man Ray and Duchamp himself. Curated by Massimiliano Gioni, Daniel Birnbaum, and Martha Papini, the exhibition explores creativity as compulsion, featuring drawings by James Tilly Matthews, séance photographs by Stanisława Popielska, and works by Madge Gill and Emma Jung, among others.

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Sotheby's will auction 12 works from the personal collection of the late art dealer Barbara Gladstone this May, with a combined estimate exceeding $12 million. Highlights include Richard Prince's *Man Crazy Nurse* (2002–03) estimated at $4–6 million and a black *Flowers* painting by Andy Warhol estimated at $1–1.5 million. The stand-alone sale precedes the May 15 evening contemporary auction and marks the first public offering from Gladstone's estate.

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The Hepworth Wakefield and Art Fund have successfully raised £3.8 million to acquire Barbara Hepworth’s sculpture *Sculpture with Colour (Oval Form) Pale Blue and Red* (1943). The wood and string artwork, previously in private hands and rarely seen publicly, was sold at Christie’s in London last March for £3.5 million. A temporary export bar imposed by the UK government gave the museum time to raise funds, with the deadline set for August 27. The funding came from over 2,800 donations and major grants, including £1.89 million from the National Lottery Heritage Fund and £750,000 from the Art Fund, along with private support.

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At the 2025 Glastonbury Festival in the UK, Turner Prize-winning artist Mark Wallinger presented an anti-fascist installation titled "Jungle Gym" at the Terminal 1 Stage, curated by Oriana Garzón as part of the exhibition "No Human is Illegal." The work, built with chainlink fencing and using only Unicef blue, highlights the suffering of children in Gaza and the bureaucratic challenges faced by migrants. Festivalgoers entered by answering a British citizenship test question, with incorrect answers sending them to the back of the line, before passing through a cabin styled as a refugee camp to reach the installation.

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The UK government has finalized design plans for a national memorial to Queen Elizabeth II in London’s St James’s Park. A team led by architect Norman Foster of Foster + Partners, including British-Nigerian artist Yinka Shonibare CBE RA, will create a natural stone path connecting royal gardens, a translucent cast-glass balustrade on the Blue Bridge inspired by the Queen’s wedding tiara, and figurative sculptures of the Queen and Prince Philip. Landscape designer Michael Desvigne is also part of the team, working with the Queen Elizabeth Memorial Committee. The final design will be announced in April 2026, coinciding with what would have been the Queen’s 100th birthday, with a budget of £23 to £46 million from public funds.

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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.

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A 1955 bronze bust by Alberto Giacometti, estimated at $70 million, failed to sell at Sotheby's modern evening auction in New York on May 13, 2025. The sculpture, from the estate of real estate magnate Sheldon Solow, was offered without a guarantee and bidding reached $64 million before the lot was pulled after four minutes, likely because the reserve price was set above that amount. Auctioneer Oliver Barker presided over the sale, which Sotheby's CEO Charles Stewart described as an organic auction moment despite the lack of a sale.

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British artist Stuart Semple has lost a trademark infringement lawsuit in a French court filed by the estate of Yves Klein. The court ruled that Semple's product “Easy Klein Incredibly Kleinish Blue” violated the Yves Klein trademark, ordering him to pay €16,000 ($18,200) in damages and legal fees. Semple, who claims he was unaware of the lawsuit until it was reported, has two months to appeal. The lawsuit was brought by Yves Amu Klein, the artist's son and operator of Pia Gallery in Scottsdale, Arizona, along with Blue Bay Limited, which holds the international trademark for “Yves Klein.” Semple released the paint in 2021 after a decade of development.

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The Dutch municipality of Maashorst accidentally threw out a valuable Andy Warhol silk-screen print of former Queen Beatrix, along with nearly 50 other artworks, during a town hall renovation. An independent investigation commissioned by the municipality, first reported by the New York Times, was inconclusive, and officials acknowledged the error in a letter to the council, stating that recovery of the missing works is unlikely. The Warhol print, from the Reigning Queens series (1985), is valued between $40,000 and $50,000.

France's Château La Coste hosts four decades of work by designer Marc Newson

Australian designer Marc Newson is presenting a comprehensive survey of his four-decade career at Château La Coste in Provence. The exhibition, housed in a pavilion designed by Oscar Niemeyer, features fifteen seminal works including the iconic 1988 Lockheed Lounge and a complex 2017 glass armchair. A highlight of the show is the 6-meter-tall sculpture 'Electra,' originally commissioned for the 1996 Olympics but never installed, which has been restored and recently acquired by collector Philip Serafim.

Art trade stays buoyant amid global turmoil

Major London auction houses Sotheby's and Christie's posted strong results in early March, with their Modern and contemporary art evening sales raising £131m and £197m respectively. These figures represented significant increases over the previous year, with high sell-through rates, despite concurrent geopolitical turmoil in the Middle East. Key lots included Francis Bacon's 'Self Portrait' selling for £16m and Henry Moore's 'King and Queen' achieving a record £26.3m.

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.

New Orleans Galleries’ Spring Sale Blooms With Modern and Contemporary Works

New Orleans Auction Galleries has announced its upcoming Fine Art and Design sale, featuring 279 lots that span over a century of modern and contemporary art. The auction highlights a diverse range of works, including pieces by Mexican modernist José Clemente Orozco, Abstract Expressionist Grace Hartigan, and Southern Regionalist John McCrady. The selection focuses on themes of identity, social consciousness, and the intersection of text and visual media.

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Global fine-art auction sales reached $11.7 billion in 2025, marking a 13.3 percent increase over the previous year and the first market growth since 2021. While the first half of the year was hampered by inflation and geopolitical tensions, a surge in the second half—particularly during New York’s November marquee sales—pushed the market upward. This recovery was led by a renewed appetite for "trophy works," highlighted by the record-breaking $236.4 million sale of Gustav Klimt’s Portrait of Elisabeth Lederer at Sotheby’s.