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leonard lauder sothebys klimt matisse

Sotheby's has secured a major consignment of approximately $400 million in art from the collection of the late Leonard Lauder, who died in July at age 92. The highlight is Gustav Klimt's "Portrait of Elisabeth Lederer" (1914–16), expected to fetch over $150 million, potentially shattering Klimt's auction record. The sale also includes two other Klimt landscapes, six bronzes by Henri Matisse, a $20 million Edvard Munch painting, and an Agnes Martin work, totaling 55 artworks. The auction will inaugurate Sotheby's new space in the former Whitney Museum building, designed by Marcel Breuer.

elaine wynn francis bacon lacma christies november auction

The estate of Elaine Wynn, the late casino magnate and top art collector who died in April 2024, has announced plans for her renowned collection. Francis Bacon's triptych *Three Studies of Lucian Freud* (1969)—which Wynn purchased for a record $142.2 million at Christie's in 2013—will be donated to the Los Angeles County Museum of Art (LACMA), where she served as board cochair. The painting, the first Bacon to enter LACMA's collection, will debut in the museum's new David Geffen Galleries when they open next year. Separately, Christie's will auction 20 works from Wynn's collection across three sales in New York this November, with estimates totaling at least $75 million. Highlights include Richard Diebenkorn's *Ocean Park #40* (1971), Lucian Freud's *The Painter Surprised by a Naked Admirer* (2004–05), Joan Mitchell's *Sunflower V* (1969), and J.M.W. Turner's *Ehrenbreitstein* (1835).

independent 20th century breuer sothebys

Independent 20th Century art fair has announced that its 2026 edition will be hosted by Sotheby’s at the auction house’s new flagship headquarters in Manhattan’s historic Breuer building. The move, first reported by the New York Times, marks a significant expansion for the fair and an unprecedented collaboration between an art fair and an auction house in the modern art market. Founded in 2022, Independent 20th Century focuses on overlooked and celebrated artists of the last century, with curatorial programming that reframes movements from women in Surrealism to Arab Modernism. The Breuer—a landmark of Modernist architecture designed by Marcel Breuer and recently renovated by Herzog & de Meuron with PBDW Architects—will allow the fair to grow to more than 50 galleries, up from 31 at its most recent edition.

sothebys to open its new breuer building hq on november 8 with blockbuster exhibition

Sotheby's has announced November 8 as the opening date for its new headquarters in the iconic Breuer Building at 945 Madison Avenue, New York. The auction house purchased the building from the Whitney Museum in 2023 and commissioned Pritzker Prize-winning architects Herzog & de Meuron, along with PBDW Architects, to renovate the landmarked structure. The opening will feature a blockbuster exhibition of modern and contemporary art, followed by major sales the week of November 17. The building, designed by Marcel Breuer and completed in 1966, previously housed the Whitney Museum, the Metropolitan Museum of Art, and the Frick Collection.

sothebys karpidas collection sale lots magritte surrealism

Sotheby's has announced the headline lots for the upcoming sale of British socialite and arts patron Pauline Karpidas's collection, set to take place September 17–19 in London. The 250-item auction, described as the 'greatest collection of Surrealism to emerge in recent history,' is led by René Magritte's oil painting *La Statue volante* (1940-41), estimated at £9–12 million ($12–16 million). Other highlights include ten more Magritte works, four Andy Warhol pieces from his 'Art from Art' series, and works by Pablo Picasso, Salvador Dalí, and Leonora Carrington, along with furniture and design objects.

sothebys london to sell greatest collection of surrealism to emerge in recent history in september

Sotheby's London will auction the collection of British socialite, collector, and arts patron Pauline Karpidas on September 17 and 18. Described as the 'greatest collection of Surrealism to emerge in recent history,' it includes masterpieces by René Magritte, Salvador Dalí, Leonora Carrington, and Max Ernst, along with works by Andy Warhol, Pablo Picasso, and others. The sale is expected to fetch £60 million ($81 million), the highest estimate ever placed on a single collection at Sotheby's in Europe. Karpidas, who began collecting 50 years ago after meeting gallerist Alexander Iolas, views herself as a 'temporary custodian' for the artworks.

renoir drawings exhibition morgan

A woman in Pennsylvania purchased a nude charcoal sketch for $12 at a local auction, later discovering it was a Pierre-Auguste Renoir drawing now potentially worth six figures. This fall, the Morgan Museum and Library will present "Renoir Drawings," the first exhibition dedicated to the artist's works on paper since 1921, bringing together over 100 drawings, pastels, watercolors, and prints. The show is organized thematically, covering Renoir's academic studies, sketches of modern life, and portraits, and will reunite finished works with preparatory drawings, including major loans from the Musée d'Orsay, the Metropolitan Museum of Art, and other institutions.

top art collector david geffen sued by estranged husband for breach of contract

Entertainment mogul and top art collector David Geffen was sued on Tuesday by his estranged husband, model Donovan Michaels, for alleged breach of contract. The lawsuit, filed in Los Angeles Superior Court, claims Geffen promised Michaels lifelong financial support but cut him off after initiating divorce proceedings. The 33-page complaint describes their relationship as exploitative, comparing it to the plot of "Trading Places." Separately, Geffen is also entangled in a legal dispute with crypto billionaire Justin Sun over an Alberto Giacometti sculpture allegedly stolen and traded as part of a fraud scheme.

albright college collection sale reading museum

Albright College in Reading, Pennsylvania, has sold its Freedman Gallery collection for $995,000 to address budget deficits, despite immediate pushback from faculty, community members, and the Freedman family. The Reading Public Museum acquired more than 250 works through a pre-sale agreement, selecting pieces that enhance its holdings, include renowned masters, or have local resonance. The remaining works were auctioned online by Pook and Pook on July 16, surpassing presale estimates, with top lots by Salvador Dalí and Leonid Sokov.

rei kawakubo comme des garcons piasa auction

A Japanese collector, Hiroaki Narita, is auctioning his extensive collection of Rei Kawakubo's designs for Comme des Garçons at the French auction house Piasa on October 1, during Paris Fashion Week. The sale includes over 500 lots of garments and accessories dating from 1969 to 1999, with estimates ranging from €150 to €2,000. The collection spans Kawakubo's most iconic collections, including Pirates (1981), Body Meets Dress, Dress Meets Body (1997), and Kaleidoscope (1996), showcasing her avant-garde, deconstructed aesthetic.

work of the week edouard vuillard

A painting by Édouard Vuillard, *Madame Vuillard à Table* (1896–1897), sold for $2.7 million at Ford Art Auction in 2025, a dramatic increase from its $254,000 sale at Sotheby’s just 18 months earlier. The work, depicting the artist’s mother, was estimated at $350,000–$550,000 and attracted 21 bidders. Ford’s sales director Elizabeth Katz attributed the strong result to the subject’s desirability and the painting’s origin in Vuillard’s Nabis period. The previous Sotheby’s sale was from the estate of William J. Levy, benefiting a University of Pennsylvania scholarship.

art market minute jul 14

Sotheby’s held Saudi Arabia’s first-ever international auction on February 8, 2025, in Diriyah, offering fine art and luxury items in a historic amphitheater. The event, led by auctioneer Oliver Barker, underscores the Gulf states’ rapid expansion in the art world, with major firms like Christie’s, Sotheby’s, and Art Basel launching new ventures in the region.

indian modernist tyeb mehtas market is soaring how high will it go

Tyeb Mehta's auction market has surged in 2025, with two record-breaking sales in April alone. Saffronart sold his 1956 painting *Trussed Bull* for $7.2 million, the highest price ever for the artist, followed by AstaGuru's sale of *Untitled (Diagonal)* (1973) for $6.8 million. Mehta produced only around 200 canvases in his lifetime, and most key works are held by institutions and private collectors, making major acquisitions rare and competitive. The article analyzes his market performance, including a 100% sell-through rate across seven lots in 2025, totaling $15.3 million.

life size labubu record asia art news

The article reports on a record-breaking auction sale of a 4-foot-4-inch Labubu doll, which sold for RMB 1.08 million ($150,300) at Yongle International Auction in Beijing, with premium reaching RMB 1.24 million ($174,000). The character was created by Hong Kong artist Kasing Lung, who also collaborated with Art Basel on a limited edition. Other key developments include the closure of the Art Basel Hong Kong satellite fair Supper Club after two editions, Frieze announcing a new year-round space called Frieze House Seoul in Yaksu, and Blum gallery taking on global representation of Japanese ceramic artist Kimiyo Mishima's estate. The article also covers upcoming exhibitions by Christine Ay Tjoe at White Cube New York, Seulgi Lee at Ikon Gallery Birmingham, Kenny Scharf at the Modern Art Museum Shanghai, and Trevor Yeung's adaptation of his Venice Biennale show at M+ Hong Kong.

work of the week emily carr

A painting by Emily Carr, titled *Fir Trees* (ca. 1935), sold for CA$576,000 ($418,370) at Cowley Abbott’s live auction of Canadian and international art in Toronto on May 28, more than doubling its low estimate. The work is a vivid example of Carr’s signature forest scenes, reflecting her deep connection to the British Columbian landscape and her association with the Group of Seven. The auction also saw strong results for other Group of Seven artists, including Franklin Carmichael’s *Old Orchard* (1940) at CAD$768,000, and for Marcelle Ferron’s untitled 1964 abstract painting at CAD$696,000.

art market minute jul 7

Artnet News reports on the rising market interest in abstract artist Jack Whitten, following his current retrospective at the Museum of Modern Art in New York. The article highlights Whitten's innovative techniques, such as his "Slab" paintings made with Afro combs and his "Greek Alphabet" series, and notes that despite his long-standing reputation among fellow artists, his market is only now gaining momentum.

for asias art market 2025 has been about rapid fire change

Art Basel has concluded and the London sales have wrapped, marking a busy first half of 2025 for Asian art markets despite economic uncertainties and geopolitical challenges. New players and trends have emerged: international auction houses aligned their Hong Kong sales with Art Basel Hong Kong for the first time, South Asian art has had a banner year at auction and in institutions, and West Asia is rising with Sotheby's inaugural sale in Saudi Arabia and Art Basel's planned Qatar fair. Asian galleries are expanding into Western capitals, while Western galleries are picking up Asian talent, such as Korean artist Anna Park joining Lehmann Maupin and Rim Park partnering with Kraupa-Tuskany Zeidler. Japanese artist Yu Nishimura had his first U.S. solo show at David Zwirner, and the Labubu plush toy by Kasing Lung became a pop culture sensation.

art market minute jun 30

London's summer sales season opened with subdued results, totaling just $134.2 million across Christie's, Sotheby's, and Phillips—a 78% drop from the equivalent sales in 2015. A standout lot was Jenny Saville's painting *Mirror* (2011–12), which sold for £2.1 million at Sotheby's on June 24. Meanwhile, a group of art-world power players have launched a new advisory firm called New Perspectives Art Partners, and France has announced a $316 million international architectural competition to expand the Louvre and address chronic overcrowding.

turner rediscovered masterpiece auction

A rediscovered oil painting by J.M.W. Turner, titled *The Rising Squall, Hot Wells, from St Vincent’s Rock, Bristol*, sold for £1.9 million ($2.6 million) at Sotheby’s Old Masters and 19th Century Paintings evening auction in London—more than six times its high estimate. The work, painted in 1792 when Turner was 17, had been misattributed and sold for just $506 at a Dreweatts auction the previous year. After cleaning revealed Turner’s signature, scholars confirmed its authenticity, and it was identified as Turner’s first publicly exhibited oil painting, exhibited at the Royal Academy in 1793. The winning bidder was a private collector in the U.K., outbidding Bristol Museum and Art Gallery, which had raised over £100,000 from donors in a failed attempt to acquire the work.

bathroom stall performance space new york

Performance Space New York is auctioning naming rights to the stalls in its fourth-floor unisex restroom as a fundraising campaign. Artist Bailey Hikawa will create custom resin toilet seats and commemorative plaques for each stall, collaborating with donors to reflect their personal aesthetics. One stall remains available and will be auctioned online this summer. The campaign coincides with a sound installation by Kevin Beasley that transforms the restroom into an immersive acoustic environment. Senior director Pati Hertling produced a promotional video using AI tools, featuring a synthetic newscaster announcing the fundraiser.

the bear tyler mitchell photographs

The fourth season of the FX series *The Bear* features two photographs by Tyler Mitchell in an episode centered on the character Syd. The works shown are *Untitled (Kiki and Stephan Dancing)*, a grid of shots commissioned by *Vogue* featuring actors KiKi Layne and Stephan James, and *Untitled (Group Hula Hoop)*, a 2019 image of children hula hooping in Brooklyn. Mitchell, who rose to fame for photographing Beyoncé, is now represented by Gagosian and has seen his market prices climb above $24,000 at auction.

the art angle canyon art basel adrien brody

The Art Angle podcast team reviews three major art stories from June. First, Canyon, a new museum-like venue dedicated to immersive video art, has been announced for New York's Lower East Side. Second, the team discusses the outcomes of Art Basel in Switzerland, the art world's most important fair, and ongoing volatility in art pricing. Third, they examine the buzz—and mockery—surrounding Oscar-winning actor Adrien Brody's painting exhibition in New York City. Culture editor Min Chen joins host Ben Davis and senior editor Kate Brown to analyze these developments.

napoleon sale sothebys paris france famous antiques dealer

On Wednesday in Paris, Sotheby's auctioned a collection of Napoleonic artifacts from the private collection of prominent French antiques dealer Pierre-Jean Chalençon, generating €8.7 million ($9.6 million) against a €6 million estimate. The 112-lot sale included imperial furniture, Old Master paintings, and personal relics such as Napoleon's worn stockings and a copy of his marriage certificate. Highlights included a portrait by Jean-Baptiste Mauzaisse that sold for €863,600 (20 times its estimate) and the only surviving remnant of Napoleon's first will, which fetched €482,600. However, Napoleon's bicorne hat underperformed, selling for €355,600 against a €600,000 low estimate, amid provenance questions raised by French newspaper Le Figaro.

sothebys london contemporary evening summer sale report

Sotheby's London contemporary evening sale on Tuesday brought in nearly £62.5 million ($84 million), within its pre-sale estimate of £55 million to £74 million. The 48-lot sale achieved an 83% sell-through rate, with five works selling for over £5 million each, led by Tamara de Lempicka's 'La Belle Rafaëla' (1927) at £7.4 million and Pablo Picasso's 'Nu assis dans un fauteuil' (1964–65). The auction saw strong bidding for a Basquiat work on paper, 'Untitled (Indian Head)', which sold for £5.4 million, and a standout result for Yu Nishimura's 'through the snow' (2023), which tripled its high estimate at £230,000.

work of the week elizabeth peytons liam noel

Elizabeth Peyton's double portrait of Oasis brothers Liam and Noel Gallagher sold for £1,992,000 ($2.7 million) at Sotheby’s Modern and Contemporary Evening Auction in London, just above its low estimate of £1.5 million. The work, depicting the band in 1996, was backed by a house guarantee and irrevocable bid. The consignor had purchased it in 2011 for $511,640, yielding a positive return. The sale coincided with Oasis's upcoming reunion tour starting July 4.

sothebys offer 50m lichtensten

Sotheby's has announced the consignment of Roy Lichtenstein's painting *The Ring (Engagement)* (1962) for its May 12 spring contemporary evening sale in New York, with an estimated price of around $50 million. The work, one of the largest from Lichtenstein's iconic 1961–1964 comic-book-inspired series, has had only two owners in its 53-year history, most recently from the collection of Chicago philanthropist Stefan Edlis, who acquired it at Sotheby's in 1997 for $2.2 million.

tamara de lempicka boucard christies auction

Christie’s London is auctioning Tamara de Lempicka’s 1928 painting *Portrait du Docteur Boucard*, which has not been seen on the market in 40 years. The work, depicting doctor and bacteriologist Pierre Boucard, is expected to sell for between £5 million and £8 million ($6.18 million and $9.89 million). The sale coincides with the close of Lempicka’s historic retrospective at San Francisco’s de Young Museum—the first U.S. survey of the Art Deco master—and ahead of its opening at the Museum of Fine Arts Houston.

romania wins long term hold on disputed el greco

Romania has secured a "long-term hold" on El Greco's painting *Saint Sebastian* (1610–1614), which was pulled from a Christie's New York Old Masters sale in February. The work is claimed by Romania as unlawfully taken from its national collection in 1947. The painting will remain at Christie's until legal proceedings resolve the dispute. Meanwhile, Italian sculptor Arnaldo Pomodoro died in Milan at age 98, and abstract painter Thornton Willis died in New York at 89. Other news includes a letter from National Gallery director Gabriele Finali defending the Rubens attribution of *Samson and Delilah*, Japan's curatorial appointments for the 2026 Venice Biennale, and a Bristol City Council fundraiser to acquire an early JMW Turner painting.

rare rodin sculpture fetches 1 million

A rare marble sculpture by Auguste Rodin, *Le Désespoir* (ca. 1892–93), was rediscovered atop a piano in a private home in France and sold at auction for €1.1 million ($1.2 million). The auction, held by Rouillac at the Château de Villandry, lasted over 20 minutes and attracted bidders from China, Switzerland, and the United States, with a young American banker winning the piece. The sculpture had last appeared at auction in Paris in 1906 and exceeded its high estimate of €700,000.

francis bacon pope painting auction

Sotheby's London will auction three Francis Bacon paintings at its July contemporary art evening sale, including 'Study for a Pope I' (1961), one of six pope paintings Bacon created for a Tate exhibition. The work, previously owned by Gunter Sachs, sold for a record £10 million in 2005, and is now estimated at £25–35 million ($38.3–53.7 million). The sale also features a 1975 Bacon self-portrait and three studies for a 1980 self-portrait, with total sale expectations of £204 million ($312.9 million), 35 percent from British artists.