are trophy lots losing their luster

New York's marquee spring auctions in May 2025 tested the theory that strong supply drives demand, but results were mixed. Alberto Giacometti's *Grande tête mince* (1955), estimated at $70 million, failed to sell at Sotheby's, while Christie's withdrew a $30 million Andy Warhol electric-chair painting. The top lot of the week was Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922), which fetched $47.6 million from the collection of late Barnes & Noble founder Len Riggio. However, Christie's pre-sold 93% of that collection's value to third-party backers, and the house fell $26 million short of its guaranteed amount. Sotheby's avoided financial risk on the Giacometti by not guaranteeing it, still earning $34.4 million in buyer's premiums. A new record for a living woman artist was set when Marlene Dumas's *Miss January* (1997) sold for $13.6 million at Christie's, though adjusted for inflation it fell short of Jenny Saville's 2018 record.

brian eno beatie wolfe collaborative albums

Artists Brian Eno and Beatie Wolfe have announced a collaborative music project titled *Lateral* and *Luminal*, two albums set for release on June 6, 2025. The albums, recorded intermittently over 2024, reflect distinct moods: *Lateral* is described as “Space music” led by Eno, while *Luminal* is “Dream music” headed by Wolfe. Early singles include “Suddenly” from *Luminal* and “Big Empty Country” from *Lateral*. The duo first met at the South by Southwest Festival in 2022, where they discussed art and climate, and later reconnected while holding exhibitions at separate London galleries. Their collaboration extends beyond music to a conceptual framework that names specific emotions—such as “fèath,” “pronoia,” “dor,” and “mono no aware”—to make feelings more tangible.

impressionist masters manet morisot major museum show

The Fine Arts Museums of San Francisco will present "Manet and Morisot," the first major museum exhibition dedicated to the artistic exchange between French Impressionists Édouard Manet and Berthe Morisot. Opening October 11 at the Legion of Honor, the show traces their relationship from 1868 to 1883, pairing works to reveal mutual influence. Lenders include the National Gallery of Art, Musée d'Orsay, J. Paul Getty Museum, and Cleveland Museum of Art, where the exhibition will travel next year.

leonardo da vinci existing paintings ranked

Artnet News has published a ranking of Leonardo da Vinci's surviving paintings, focusing on completed, stand-alone works and excluding frescos like *The Last Supper* and unfinished pieces. The article evaluates paintings such as *Annunciation* (c. 1472–76), *Madonna of the Carnation* (1478–80), and *Ginevra de' Benci* (c. 1474–78), considering factors like attribution certainty, historical context, and unique traits—for instance, *Ginevra de' Benci* is the only Leonardo painting in a public collection in the Americas.

botticelli virgin and child export bar

The United Kingdom has imposed a temporary export bar on Sandro Botticelli's painting "The Virgin and Child Enthroned" (c. 1470), valued at £10.2 million ($13.5 million). The work was sold to a foreign buyer at Sotheby's London last fall for £8.6 million, but the export license deferral—recommended by the Reviewing Committee on the Export of Works of Art—gives British institutions until August 8 to express interest in acquiring it. The painting, previously attributed to Botticelli's workshop, was confirmed as an autograph work through new scientific analyses and has been in the private collection of Lady Wantage since 1904.

masterpieces reunited

The article reports on several instances where fragmented masterpieces have been reunited in recent years. Examples include two halves of a medieval manuscript page from the Hours of Louis XII, Édouard Manet's split painting Au café and Corner of a Café-Concert, Giorgio Vasari's ceiling Allegories of Virtues, and two landscapes by Paul Cézanne cut from the same sheet of paper. These reunions were made possible through the work of art historians and curators, with exhibitions at institutions like the Getty Museum, London's National Gallery, and the Gallerie dell'Accademia in Venice.

by the numbers christies riggio

Christie’s New York held the spring season’s largest single-owner auction, the Leonard & Louise Riggio collection, on Monday evening. The sale achieved $271.9 million total with a 97% sell-through rate by lot, led by Piet Mondrian’s *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922) at $47.6 million. However, a detailed analysis reveals that the hammer total fell $26 million short of the guarantee, and 93% of the value was pre-sold to third-party backers, leaving Christie’s with a razor-thin margin of roughly 7.8% before marketing costs and guarantor fees.

last known painting gauguin authenticity

The Kunstmuseum Basel has launched a fresh scientific investigation into a painting long believed to be Paul Gauguin's final self-portrait, *Self-Portrait with Glasses* (1903), after amateur art sleuth Fabrice Fourmanoir raised doubts about its authenticity. Fourmanoir claims the work may have been painted not by Gauguin but by a Vietnamese revolutionary named Ky Dong, a close acquaintance of the artist, after Gauguin's death. The museum, which has owned the painting since 1945, confirmed it is re-examining the work using modern techniques like infrared reflectography and radiology, with results expected by June or July.

michelangelo 550 birthday headlines

Artnet News rounds up recent headlines involving Renaissance master Michelangelo di Lodovico Buonarroti Simoni as institutions prepare to celebrate his 550th birthday in 2025. The article highlights three stories: a scene in HBO's *The White Lotus* season three finale that echoes Michelangelo's *Pietà*; the ongoing scholarly debate over whether Michelangelo himself forged the ancient sculpture *Laocoön and His Sons*; and the restoration of Michelangelo's family tomb at the Basilica of Santa Croce in Florence ahead of his birthday.

marlene dumas miss january rubell family christies auction

A Marlene Dumas painting, *Miss January* (1997), sold for $13.6 million at a Christie’s auction, making the South African artist the most expensive living female artist at auction. The work, consigned from the Rubell Family collection, had an estimate of $12–18 million and was backed by a third-party guarantee. It was won by an anonymous telephone bidder represented by Sara Friedlander, Christie’s deputy chairman for postwar and contemporary art.

stavros niarchos foundation cultural center

The Stavros Niarchos Foundation Cultural Center, a Renzo Piano-designed complex housing Greece's National Library and National Opera House, has completed construction in Athens after five years. The foundation is celebrating with a four-night free festival called "Metamorphosis" (June 23–26) featuring cultural, educational, and sporting events, including a video art survey curated by Robert Storr. The project, built on a former hippodrome site abandoned after the 2004 Olympic Games, cost nearly €600 million and was conceived by SNF co-president Andreas Dracopoulos during Greece's pre-crisis optimism.

national gallery sainsburg wing reopening gabriele finaldi

London's National Gallery has reopened its Sainsbury Wing after a three-year, $113 million renovation, timed to the museum's 200th anniversary. Director Gabriele Finaldi, who was knighted this year, oversaw the project, which was designed by architect Annabelle Selldorf and faced criticism from original architect Denise Scott Brown. The revamped wing features a light-filled foyer, 17 galleries with no prescribed route, and a rehang titled “The Wonder of Art.” The museum also acquired a mysterious painting by an unknown artist, The Virgin and Child with Saints Louis and Margaret and Two Angels (1500–10), for $20 million through Sotheby's.

britain royal coronation portraits charles iii camilla

The United Kingdom unveiled official coronation portraits of King Charles III and Queen Camilla, painted by artists Peter Kuhfeld and Paul Benney respectively, to commemorate the 2023 coronation. Charles is depicted in a red room wearing coronation regalia beside the Imperial State Crown, while Camilla is shown in photorealistic detail in a powder blue silk dress. The portraits are on view at the National Gallery in London.

sothebys sets new world record for photography auction

Sotheby's New York held a single-owner auction titled "175 Masterworks To Celebrate 175 Years of Photography: Property from Joy of Giving Something Foundation" on December 11 and 12, achieving a world record for a photography auction. The sale grossed $21,325,063, surpassing its presale estimate of $13–20 million and beating the previous record of $15 million set by a Sotheby's sale in 2006. The collection came from the late American financier Howard Stein, who founded the Joy of Giving Something Foundation in 1999. The auction had a strong sell-through rate of 90.3 percent by lot and 94.9 percent by value, with top lots including Alvin Langdon Coburn's "Shadows and Reflections, Venice" (1905) at $965,000 and August Sander's "Handlanger" at $749,000. Several female photographers set new records, including Tina Modotti, Julia Margaret Cameron, and Lee Miller.

32 million klimt sale falls through

The record-setting $32 million sale of Gustav Klimt's "Portrait of Fräulein Lieser" (1917) has fallen through after a restitution settlement failed to resolve gaps in its provenance. The painting, discovered in early 2024 and sold at Im Kinsky auction house in Vienna to an anonymous Hong Kong buyer in April, was mired in controversy over its history during the Nazi era. The work's whereabouts between 1925 and 1961 were unknown, a period including Austria's annexation by Nazi Germany. The auction house proposed the work was commissioned by Henriette Lieser, who was deported and murdered at Auschwitz, but conflicting theories about the sitter's identity and the painting's path through a Nazi party member's family complicated restitution efforts. A new potential legal heir emerged after the sale, and the buyer ultimately pulled out.

nazi looted egon schiele art return

A Manhattan judge has blocked London-based art dealer Richard Nagy from selling or transporting two watercolors by Egon Schiele, which were on display at his booth during the Salon of Art + Design fair at the Park Avenue Armory. The works—Woman in a Black Pinafore and Woman Hiding Her Face—are claimed by the heirs of Fritz Grünbaum, a Jewish Holocaust victim and cabaret performer who died at Dachau. The heirs, Timothy Reif and David Fraenkel, filed suit in Manhattan Supreme Court, alleging the paintings were among 400 artworks surrendered to the Nazis by Grünbaum's wife. Nagy disputes the claim, arguing the works were sold legally by Grünbaum's sister-in-law in 1956 and that previous arbitration boards found no evidence of Nazi looting.

art bites jan van eyck oil paint

The article debunks the long-held myth that Flemish painter Jan van Eyck invented oil painting, tracing the origin of the technique back to 7th-century Afghanistan. It recounts how Giorgio Vasari's 1550 biography "Lives of the Artists" falsely credited van Eyck with the invention after a story about the artist seeking a sun-proof medium. In reality, oil-based paints were used by Buddhist artists in the Bamiyan valley caves centuries earlier, and ancient Egyptians also combined oils with pigments for cosmetics.

rachofsky house dallas for sale

The Rachofsky House, a landmark contemporary art residence in Dallas designed by Pritzker Prize-winning architect Richard Meier, has been quietly listed for sale off-market by Compass agent Faisal Halum. The 9,000-square-foot home at 8605 Preston Road has been owned for decades by prominent collectors Howard and Cindy Rachofsky, who annually hosted the Two x Two gala there, raising over $130 million for amfAR and the Dallas Museum of Art. Howard Rachofsky confirmed the sale, citing his age (81) and ongoing estate planning.

anna weyant gagosian tefaf new york

Gagosian Gallery will present a new body of work by artist Anna Weyant at TEFAF New York, featuring intimately scaled paintings of jewelry rendered with trompe l’oeil precision. The booth, designed with lavender walls and pine-hued carpet, showcases pieces like "Pearl Earrings" (2025) and "Pearl Bracelet (Sold)" (2025), some with cheeky price tags and red dot stickers. Weyant, represented by Gagosian since 2022, has seen her market soar, with her auction record set at $1.6 million for "Falling Woman" (2020) at Sotheby’s in 2022.

mark rothko dutch museum scratched

A large Mark Rothko painting, *Grey, Orange on Maroon, No. 8*, was removed from display at Museum Boijmans van Beuningen in Rotterdam after a young visitor scratched it during an "unguarded moment." The 1960 work, measuring over 7 by 8 feet, is one of only two Rothkos in Dutch collections. The museum has sought conservation expertise in the Netherlands and abroad, and expects the painting to be shown again after treatment. The work was on view at the museum's open storage facility, the Depot Boijmans Van Beuningen, while the main building undergoes renovation until at least 2030.

renaissance painting feast of the gods

The article examines Giovanni Bellini's painting *The Feast of the Gods* (1514–29), a mythological scene depicting Roman deities at a feast, which was later reworked by Dosso Dossi and Titian. Commissioned by Duke Alfonso d'Este for his private gallery, the work is notable for including what is believed to be the earliest painted example of Chinese porcelain in European art. The painting draws from Ovid's 'Fasti' and was Bellini's last completed work, finished when he was in his 80s.

impressionism auction industry

This year marks the 150th anniversary of Impressionism, which began in 1874 when 31 artists including Paul Cézanne, Claude Monet, and Berthe Morisot staged a groundbreaking exhibition in Paris. To commemorate the sesquicentennial, international institutions are hosting exhibitions such as the Musée d'Orsay's "Paris 1874: Inventing Impressionism," while Artnet and Morgan Stanley have collaborated to analyze auction data from 2014 to 2023, examining the market for works by approximately 120 Impressionist and Post-Impressionist artists. Despite perceptions that Impressionism has lost its luster, the number of lots offered at auction has remained steady, averaging 6,091 annually over the decade.

emily fisher landau picasso sothebys

Pablo Picasso's 1932 painting *Femme à la montre*, depicting his lover Marie-Thérèse Walter, sold for $139.4 million (including fees) at Sotheby's New York during the highly anticipated Emily Fisher Landau sale. The work, estimated at $120 million, was the centerpiece of the auction, with bidding starting at $95 million and concluding after a two-minute standoff among three phone bidders, including one from Asia. Brooke Lampley, Sotheby's head of global fine art, secured the winning bid on behalf of a client. The sale was handled by Sotheby's, which won the right to auction the estate of Landau, a longtime Whitney Museum board member and private collector.

lawrence watson oasis paul weller photographer print sale

Lawrence Watson, a British music photographer who has captured icons like David Bowie, Morrissey, Oasis, and Run-D.M.C. over four decades, is releasing exclusive signed prints through the platform Print Matters. The collection includes previously unseen images of David Bowie, Pulp, the Clash, and Oasis, with prices starting at £575 ($762). Twenty percent of net sales will benefit the mental health charity Rethink Mental Illness. Watson's career began in 1988 when Paul Weller chose his black-and-white photos for the Style Council's album 'Confessions of a Pop Group,' leading to a long collaboration.

bloomsbury group wild child dora carrington

The article examines the life and work of Dora Carrington, a painter associated with the Bloomsbury Group, whose bohemian lifestyle and complex relationships—particularly with writer Lytton Strachey—have long overshadowed her artistic output. A new exhibition at Pallant House Gallery, the first dedicated to Carrington in three decades, aims to refocus attention on her paintings, including early pencil studies and academic female nudes, which impressed her peers but received little critical acclaim during her lifetime.

in london sadie coles expands amid stark drop in profits

Sadie Coles, a prominent London contemporary art gallery, announced plans to open a new 6,000-square-foot location in Mayfair this fall, despite reporting a steep 46 percent drop in revenue for 2024, from £52.3 million to £28.3 million. Pre-tax profits plunged 93 percent to £400,000, down from £5.5 million the prior year. Coles attributed the downturn to a slowdown at the high end of the art market, but noted the gallery carries no debt and has seen a 20 percent increase in total assets over five years, growing from £23.9 million to £28.8 million.

hans coper ceramic london auction

A broken flowerpot discovered in a London garden turned out to be a rare Hans Coper ceramic, commissioned by the owner's late mother after she admired his work at an exhibition. The four-foot-tall stoneware vessel, produced in early 1964 and bearing Coper's seal, was offered by Chiswick Auctions with a presale estimate of £6,000–£10,000. Despite significant damage, it sparked a bidding war lasting nearly 10 minutes, ultimately selling to a U.S. bidder for £36,500 ($48,300) hammer price, or £47,800 ($63,250) including fees.

canada giant van gogh easel fate

In 1997, artist Cameron Cross installed The Big Easel, a 75-foot-tall sculpture of an easel displaying a reproduction of Vincent van Gogh's sunflower paintings, in Altona, Canada, to honor the town's status as the Sunflower Capital of Canada. After a windstorm on February 28 blew off a panel of the painting and further damage occurred on March 15, the town removed the four-ton painting and conducted a survey to gauge public support for restoration. A majority of respondents (68%) voted to save the artwork, with 60% preferring a hand-painted canvas over a printed replica and 61% wanting to keep the Van Gogh sunflowers. Cross plans to rebuild the fiberglass canvas from scratch and repaint the image in 2026, with costs estimated at CA$70,000 ($50,500) for a durable marine-grade plywood version.

Memories Bathed in Color

In Farbe getauchte Erinnerungen

The Fondation Luma in Arles, France, has opened three exhibitions exploring memory and archives, headlined by Gerhard Richter's "Overpainted Photographs." The show features 120 works from Richter's private archive, some exhibited for the first time, created since the mid-1980s by dragging photographs through leftover paint in his studio. Richter, now 94, personally selected and hung the works chronologically starting from the fall of the Berlin Wall, reflecting his lost homeland and the passage of time. The exhibition also includes early sketches and oil paintings by the late architect Zaha Hadid, previously shown at London's Serpentine Gallery in 2016.

A Thomas J Price Bronze Opens Door to London’s V&A East

British artist Thomas J Price has unveiled a monumental bronze sculpture at the entrance of the Victoria and Albert Museum’s new outpost, V&A East, in Stratford, East London. The large-scale work depicts an anonymous Black figure, continuing Price's practice of utilizing the traditional language of monumental sculpture to celebrate everyday individuals who are often marginalized in public spaces.