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top auction results may 2025 2654816

Spring 2025 auction results at Christie’s and Sotheby’s in New York showed a mixed market. Major lots like Alberto Giacometti’s *Grande tête mince* failed to sell, and Andy Warhol’s *Electric Chair* was withdrawn. However, top sales included Piet Mondrian’s *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* for $47.56 million, Claude Monet’s *Peupliers au bord de l’Epte, crépuscule* for $42.96 million, and Mark Rothko’s *No. 4 (Two Dominants)* for $37.78 million. Works by Basquiat, Magritte, Picasso, and Richter also sold well.

leonard lauder cubist obituary 2657181

Leonard A. Lauder, the billionaire art collector, philanthropist, and cosmetics magnate, has died at age 92. Lauder helped grow his mother Estée Lauder's namesake business into a global cosmetics empire, serving as president, CEO, and chairman. He was also one of the most significant art philanthropists of his era, donating a Cubist art collection valued at over $1 billion—including 78 works by Picasso, Braque, Léger, and Gris—to the Metropolitan Museum of Art in 2014, later expanded with additional works and funding for the Leonard A. Lauder Research Center for Modern Art. He also made the largest gift in Whitney Museum history in 2008, worth $131 million, and amassed a collection of 130,000 historic postcards promised to the Museum of Fine Arts, Boston.

art basel 2025 major works sales 2657176

Art Basel 2025 opened in Basel, Switzerland, with nearly 300 leading galleries showcasing high-value artworks despite a turbulent art market. Major works include a Gerhard Richter abstraction (1987) at David Zwirner, priced around $30 million, a Ruth Asawa hanging sculpture sold for $9.5 million, and Picassos at Pace and Helly Nahmad Gallery, with the latter's *Femme nue couchée jouant avec un chat* (1964) listed at $28 million after fetching $21.2 million at auction two years ago. The fair runs through Sunday, offering rare opportunities to view and purchase blue-chip pieces.

pauline karpidas collection sothebys 2655090

The private collection of legendary collector and patron Pauline Karpidas, featuring masterworks by Salvador Dalí, René Magritte, and Les Lalannes, will be auctioned at Sotheby’s London this September. Spanning 250 lots from her eccentric London home, the collection is expected to fetch over £60 million ($81 million), the highest estimate ever placed on a single collection at Sotheby’s Europe. Karpidas, who has collected for 50 years and supported artists like Damien Hirst and Tracy Emin, sees herself as a temporary custodian and is passing the works to a new generation.

damien hirsts colorful spin painting of leonardo dicaprio just raised 1 3 million for charity 2311409

An enormous painting of Leonardo DiCaprio by Damien Hirst, titled *Beautiful Leonardo DiCaprio Looking Away Painting* (2016), sold for $1.3 million at the amfAR Gala in Cannes, France, on May 25. The work, a colorful spin painting signed by both the actor and artist, was donated by collector Christian Levett and auctioned by Simon de Pury. The gala raised $17 million total, with the top lot being a $1.6 million Aston Martin DB12, and also featured artworks by Claire Tabouret, Cecily Brown, Andres Valencia, and Robert De Niro.

sfmoma pastry plagiarism 504596

Bay Area pastry chef Caitlin Freeman has accused the San Francisco Museum of Modern Art (SFMOMA) of copying her art-themed cakes after the museum replaced her Blue Bottle café with a new vendor, McCalls Catering. Freeman, who operated the café on SFMOMA's fifth floor from 2009, created pastries inspired by artworks by Andy Warhol, Jeff Koons, and Roy Lichtenstein, including a signature Piet Mondrian cake, and published a cookbook titled *Modern Art Desserts* in 2013. After SFMOMA's renovation, the contract was awarded to McCalls Catering, which Freeman claims is now producing similar desserts.

damien hirst will keep making artworks after dies 2650250

Damien Hirst, the 59-year-old British artist and one of the world's wealthiest living artists, has revealed a plan to continue creating artworks after his death. In an interview with the London Times, Hirst described a system of 200 notebooks, each representing one year after his demise, which will contain instructions for artworks that collectors can buy the rights to produce. These rights will be tradable certificates, and the works will be signed by his descendants. The scheme allows for back-dating of works, including a sculpture of a pig in formaldehyde conceived in 1991 but never made, which could be fabricated 145 years after his death and dated to 1991. This follows criticism Hirst faced in 2024 for assigning 1990s dates to formaldehyde sculptures actually produced recently, which his company Science Ltd. defended as conceptual artworks dated by conception.

hot lots and top flops 6 artworks that had shocking results at the marquee may auctions 2646787

Artnet News analyzed six standout lots from the marquee May auctions at Christie's and Phillips, highlighting both surprising successes and failures. Among the 'hot lots,' Mark Tansey's study for "The Enunciation" (1992–93) sold for $3.2 million at Christie's—over ten times its low estimate—while Henri Matisse's tiny portrait "Henriette, robe jaune" (1923) fetched $1.4 million, nearly quadrupling expectations. Firelei Báez's "Untitled" (2017) also soared, selling for $381,000 at Phillips, more than triple its high estimate. The article contrasts these with 'top flops,' though the provided text focuses on the successes.

albright pennsylvania college selling art collection 2648020

Albright College in Reading, Pennsylvania, is quietly selling off the Freedman Gallery collection, which includes works by Romare Bearden, Salvador Dalí, Jasper Johns, and Robert Rauschenberg, to address a budget shortfall that recently reached $23 million. Art preparator Rich Houck discovered the storage space emptied without notice and was fired after reporting the move; the college has cut 53 positions, canceled academic majors, and considered selling real estate as part of a broader cost-cutting campaign. Former gallery staff are no longer employed, and major donors were not informed of the sale.

art bites robert rauschenberg erased de kooning drawing 2633307

American Pop artist Robert Rauschenberg created his controversial work *Erased de Kooning Drawing* (1953) by taking a drawing from Abstract Expressionist legend Willem de Kooning and erasing almost all of its marks. Rauschenberg, then 28, had recently returned to New York after studies at Black Mountain College and the Art Students League. He convinced de Kooning to donate a drawing for the project with a bottle of Jack Daniels, and de Kooning insisted it be a work he would miss. The erasing took about a month and wore down roughly 40 erasers. The finished piece, framed in a traditional gilded frame and inscribed by Jasper Johns, is now held by the San Francisco Museum of Modern Art (SFMOMA), which used infrared technology in 2010 to reveal traces of de Kooning's original charcoal-and-pencil figures.

rashid johnson nosedive auction 2644742

Rashid Johnson's mixed media work *Untitled Escape Collage* sold for $292,100 at Phillips's Modern and contemporary art day sale in New York on May 14, falling short of its low estimate and representing a 72 percent loss in value for the consignor, who had purchased it for $816,500 at the same auction house in 2022. The disappointing result coincides with Johnson's solo exhibition at the Guggenheim Museum in New York.

christies 21st century auction may 2025 marlene dumas 1234742219

Christie's 21st century evening sale on May 14, 2025, generated $96.4 million against a presale low estimate of $79.5 million, with 39 lots offered and a sell-through rate of 90% before withdrawals. The top lot was Jean-Michel Basquiat's 'Baby Boom' (1982), which sold for $23.4 million with fees, consigned by collector Peter M. Brant. Marlene Dumas's 'Miss January' (1997) achieved $13.6 million, setting a new record for the most expensive living female artist, surpassing Jenny Saville's previous record. Other notable sales included Simone Leigh's 'Sentinel' (2020) at $5.7 million, while works by Ellsworth Kelly and Felix Gonzalez-Torres failed to sell.

new york frieze auctions 2642395

Frieze New York kicked off at the Shed in Hudson Yards with a notable sale: Jeff Koons's Incredible Hulk sculpture (Tubas) purchased for around $3 million, signaling a reunion between the artist and Gagosian after his departure to Pace in 2021. Despite a cautious market amid President Trump's tariff uncertainties, dealers reported better-than-expected sales on VIP day, with a focus on affordable works in the $50,000-to-$200,000 range. However, challenges emerged including U.S. Customs delays affecting international shipments and tariff confusion that led some fashion designers to withdraw from the Esther II fair.

botticelli virgin and child export bar 2643265

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.

mondrian christies riggio 2643516

Christie’s marquee auction on Monday night in New York generated $488.8 million in total sales, led by Piet Mondrian’s 1922 painting *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue*, which sold for $47.6 million—just shy of the artist’s $51 million auction record. The sale featured the Leonard & Louise Riggio collection, the largest single collection of the season, comprising 39 works estimated at $252–326 million; after one withdrawal and one unsold lot, the group achieved $271.9 million. Many high-profile lots, including works by Alberto Giacometti, René Magritte, Barbara Hepworth, Gerhard Richter, Mark Rothko, and Andy Warhol, sold on single bids to third-party guarantors, reflecting a cautious market.

phillips nets lean 52 million in new york led by basquiat that david bowie bought for 93000 2644336

Phillips’s Modern and contemporary art evening sale in New York totaled $52 million, a sharp decline from $86.3 million last year. Four lots were withdrawn before the sale, including works by Pablo Picasso and Jasper Johns, and five lots failed to sell, yielding an 86% sell-through rate (78% including withdrawals). The hammer total of $41.8 million fell below the pre-sale low estimate of $52.3 million. Notable sales included a Basquiat piece once owned by David Bowie, which sold for $6.59 million (Bowie bought it in 1995 for $93,400), and a Kiki Kogelnik painting that set a new artist record at $356,000. Five auction records were set overall, including for Ilana Savdie, Olga de Amaral, Grace Hartigan, and James Turrell.

here are the winners of the first art basel awards 2644602

Art Basel has announced the winners of its first-ever Art Basel Awards, a new global honors program recognizing excellence across the contemporary art world. The 36 medalists include artists such as David Hammons, Lubaina Himid, Joan Jonas, and Adrian Piper, as well as patrons, curators, museums, and other art-world figures. The awards were unveiled at a press event in New York, with CEO Noah Horowitz and director Vincenzo de Bellis outlining the structure: medalists will later select 12 gold medalists, with up to six artists receiving $50,000 each and a commission for the 2026 Art Basel fair. The jury includes prominent museum directors and curators from around the world.

marlene dumas record women artist christies sale 1234742355

Marlene Dumas set a new auction record for the most expensive living female artist when her 1997 painting *Miss January* sold for $13.6 million at a Christie’s evening sale. The work, featuring a nude woman with a ghostly white face, was pre-sold with a third-party guarantee. Other women artists also broke personal records that night, including Simone Leigh (sculpture for $5.7 million) and Emma McIntyre (painting for $201,000). However, the top five priciest works of the week were all by men: Claude Monet, Pablo Picasso, Alberto Giacometti, René Magritte, and Piet Mondrian, with Mondrian’s *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* selling for $47.6 million.

martha stewart joopiter contemporary art sale 2636193

Martha Stewart has curated a contemporary art sale for Joopiter, the auction platform founded by Pharrell Williams. Titled "The Contemporary Take," the auction runs from April 28 through May 6 and features nearly 50 artworks by leading artists, including Amy Sherald, Hank Willis Thomas, Adrian Ghenie, Alex Katz, Damien Hirst, and Lynette Yiadom-Boakye. Stewart handpicked a selection of works for the Spring season, focusing on themes of growth, regeneration, and vitality. The sale marks Joopiter's first auction of contemporary art, following collection sales by Kim Jones, Kid Cudi, and Nigo.

state of the art market trophy lots and the new competitive auction landscape 2347606

The article examines the growing financialization and opacity of the fine-art auction market, highlighting how auction houses like Christie's and Sotheby's have made it increasingly difficult for outsiders to understand true demand for individual lots. It details how buyer's premiums, guarantees, and irrevocable bids (third-party guarantees) obscure the actual bidding dynamics, with only a small group of wealthy financiers and intermediaries having clear insight into the market's inner workings.

emily fisher landeau collection auction fate 2350982

Christie’s and Sotheby’s are competing to secure the estate of Emily Fisher Landau, the noted art collector who died in March at age 102. Her collection, valued between $375 million and $500 million, could become a major highlight of the November evening sales, helping offset a sluggish first half for auction results. The Big Three auction houses have seen a 51 percent drop in total sales year-over-year, with Christie’s and Phillips both reporting significant declines.

sothebys will sell the 500 million collection of the late art patron emily fisher landau the markets most coveted consignment this fall 2361799

Sotheby's has won the consignment of the late Emily Fisher Landau's art collection, valued at approximately $500 million, making it the most anticipated single-collector sale of the fall auction season in New York this November. The star lot is Pablo Picasso's 1932 portrait "Femme à la montre (Woman With a Watch)," estimated to fetch over $120 million, alongside major works by Mark Rothko, Ed Ruscha, Jasper Johns, and Andy Warhol.

jeff koons gagosian for frieze new york 2025 1234740064

Jeff Koons will reunite with Gagosian for a solo presentation at Frieze New York 2025, less than four years after leaving the gallery. The booth will feature three sculptures from his Hulk Elvis series—Hulk (Organ), Hulk (Tubas), and Hulk (Dragon and Turtle)—staged against a custom backdrop from his painting Triple Hulk Elvis III. All works come from Koons's personal collection, and he supervised every aspect of the presentation. The reunion follows a turbulent period: Koons left Gagosian and David Zwirner in 2021 to join Pace Gallery exclusively, but that partnership ended after three years amid reported financial disputes over a Meissen-inspired sculpture project that involved $50–100 million in investor funding.

art institute chicago school pro palestine labor activism 1234738994

Kelly Xi, an artist and lecturer at the School of the Art Institute of Chicago (SAIC), was placed under investigation and administrative leave after using a school photocopier to produce materials for a pro-Palestine student exhibition and sharing an email list for a faculty union petition. The exhibition advocated for divestment from Israel and criticized the school's handling of a protest encampment that led to dozens of arrests in May 2024. The actions were organized by Students for the Liberation of Palestine (SLP), targeting trustee A. Steven Crown, whose family owns a stake in defense contractor General Dynamics and donated to pro-Israel groups.

hans coper ceramic london auction 2633316

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.

pope visits venice biennale 2477473

Pope Francis became the first pontiff in history to visit the Venice Biennale, touring the Vatican's Holy See pavilion at the 60th edition on April 28, 2024. The exhibition, titled "With My Eyes," was installed inside a women's prison on Giudecca Island and featured works by artists including Maurizio Cattelan, Simone Fattal, and Corita Kent. The pope met with about 80 female inmates, delivered a speech on art's power to address societal ills, and praised the contributions of women artists such as Frida Kahlo and Louise Bourgeois. He also held an open-air mass in St. Mark's Square and spoke with young people at Santa María della Salute.

Desperate, Scared, But Social at UC Irvine Langson Orange County Museum of Art

The group exhibition "Desperate, Scared, But Social" at the UC Irvine Langson Orange County Museum of Art (Langson IMCA) explores the complexities of contemporary social dynamics and collective anxiety. The show brings together diverse artistic perspectives to examine how individuals navigate a landscape defined by political instability, environmental concerns, and the pervasive influence of digital connectivity.

The Dealers: Marta Makes Magic

The article profiles Marta, a prominent art dealer in Los Angeles, highlighting her recent activities and influence within the contemporary art scene. It details her gallery's program, her relationships with artists, and her specific curatorial approach that has garnered significant attention.

Curating Around Social Urgencies: How Artists Refuse Quietism

The article focuses on the curatorial approach and artistic ethos of the 2025 edition of the 'Made in L.A.' biennial, highlighting how artists are actively engaging with pressing social and political issues rather than retreating into quietism or abstraction. It examines specific works and the overall thematic drive of the exhibition, which is organized by the Hammer Museum and the Huntington Library, Art Museum, and Botanical Gardens.

From The Sheep Detectives to Rivals: your complete entertainment guide to the week ahead

This week's entertainment guide from The Guardian includes a major outdoor sculpture exhibition of Henry Moore's monumental works at Kew Gardens, running from May 9, 2026 to January 31, 2027. The show features 30 of Moore's sculptures in the largest-ever presentation of outdoor works by the English modernist. Additionally, Parham Ghalamdar presents a solo exhibition of post-apocalyptic ceramic and glass works at Blenheim Walk Gallery in Leeds, and Photo London, the UK's leading photography fair, returns for its 11th year, moving to Kensington Olympia after a decade at Somerset House.