70 million giacometti flops at sothebys as demand for trophy art softens

The top lot of Sotheby's May auction season in New York, Alberto Giacometti's bronze sculpture *Grande tête mince (Grande tête de Diego)* (1955), estimated at $70 million, failed to sell on Tuesday night. The work was consigned by the Soloviev Foundation, set up by Stefan Soloviev, son of late mega-collector Sheldon Solow, and was offered without a financial guarantee, a risky strategy that backfired when no bidders emerged. Auctioneer Oliver Barker made several chandelier bids before declaring the lot unsold at $64.2 million, shocking the packed salesroom.

Tracey Emin: ‘I’ve done more in my last five years than in the whole rest of my life’

Tracey Emin is the subject of a major retrospective at Tate Modern titled 'A Second Life,' which spans her career from her first solo show in 1993 to recent works. The exhibition is structured thematically around pivotal life events and includes a documentary addressing her 2020 bladder cancer diagnosis and subsequent surgery.

MENA Artists Are Having a Market Moment That’s Built to Last

Auction sales for artists from the Middle East and North Africa (MENA) region rose 9.4% to $33.2 million in 2025, driven by increased activity from international auction houses and the emergence of new hubs like Riyadh. The Sotheby's 'Origins' sale in Saudi Arabia achieved $17.3 million, setting artist records, while works from Lebanon, Egypt, and Iraq saw particularly strong gains, indicating a market rebalancing.

Van Gogh and café culture: 'The absinthes and brandies would follow each other in quick succession'

An exhibition titled 'Café Society: Art and Sociability in Belle Epoque Paris' is opening, featuring over 50 paintings that explore the role of cafés in late 19th-century Parisian social and artistic life. The show will travel from the Ordrupgaard museum in Copenhagen to two venues in the United States: the Dixon Gallery and Gardens in Memphis and the Joslyn Art Museum in Omaha.

Visual Arts Review: Great Gallery Shows for Free in NYC – Picasso and Kentridge

Two free art exhibitions in New York City offer deep dives into the work of Pablo Picasso and William Kentridge. At Gagosian Gallery on Madison Avenue, "Picasso: Tête-à-tête" presents a selection of works spanning the artist's career, organized with his daughter Paloma Picasso, including never-before-seen pieces from her collection. The show highlights Picasso's stylistic diversity, his relationships with women like Marie-Thérèse Walter and Olga Khokhlova, and his playful resistance to being pinned down to a single style.

Tate announces major David Hockney, Edvard Munch and Sonia Boyce exhibitions for 2027

Tate has announced its 2027 exhibition program across its four UK sites. Major shows include a Lynda Benglis exhibition and an Edvard Munch show at Tate Modern, a Sonia Boyce retrospective at Tate Britain, and two exhibitions celebrating David Hockney's 90th birthday. The program also features Tate Modern's first Monet exhibition, the UK's first solo show for Algerian artist Baya, a survey of Nalini Malani, and a major exhibition on Asian ink painting.

Exhibition | Paula Rego, 'Drawing from Life' at Galerie Lelong, 38 Avenue Matignon, Paris, France

Galerie Lelong in Paris is presenting 'Paula Rego, Drawing from Life,' an exhibition focused on the artist's intense three-year period from 2005 to 2007, during which she devoted herself almost exclusively to drawing and lithography in her London studio. The show features works inspired by literary sources such as 'Jane Eyre,' 'Peter Pan,' and the sixteenth-century tale 'The King of Pigs,' as well as her connection with playwright Martin McDonagh. Key pieces include 'Shakespeare’s Room,' 'Scarecrow,' and 'Turtle Hands.' The exhibition is made possible with the support of Nick Willing, the artist’s son, and Cristea Roberts Gallery in London.

Rarely seen Matthew Wong works to go on show in Venice

A major exhibition of rarely seen works by the late Chinese-Canadian artist Matthew Wong will open at the Palazzo Tiepolo Passi in Venice from 9 May to 1 November 2025, coinciding with the 61st Venice Biennale. The show features 35 works dating from 2015 to 2019, curated by John Cheim of Cheim & Read gallery, and is organized by the Matthew Wong Foundation, founded by the artist's parents Monita Wong and Raymond KP Wong after his death by suicide in 2019. The exhibition catalogue includes a text by Nancy Spector, former chief curator of the Guggenheim Museum.

Yoko Ono, Theaster Gates, Bob Faust and more dominate Chicago’s busy must-see art calendar for fall

The article highlights Yoko Ono's major retrospective "Yoko Ono: Music of the Mind" at the Museum of Contemporary Art Chicago, running from Oct. 18 to Feb. 22, 2026, as the centerpiece of Chicago's fall art calendar. It also lists ten other notable exhibitions, including Aaron Curry's debut solo show at Corbett vs. Dempsey and "Tengo Lincoln Park en mi corazón: Young Lords in Chicago" at DePaul Art Museum, alongside a preview of "Tiffany Lamps: Beyond the Shade" at the Driehaus Museum.

Last chance! Four excellent London exhibitions close this weekend

Four major art exhibitions are scheduled to conclude their London runs on Sunday, April 12, 2026. The closing shows include the high-profile 'Turner & Constable: Rivals and Originals' at Tate Britain, the 'Theatre Picasso' centenary celebration at Tate Modern, and the 'New Contemporaries' showcase of emerging talent at the South London Gallery.

50 Women Artists You Absolutely Should Know

50 artistes femmes que vous devriez absolument connaître

Beaux Arts Magazine is publishing a multi-part series throughout March highlighting 50 historically significant but often overlooked women artists. The series profiles figures like Impressionist painter Marie Bracquemond, whose career was curtailed by her husband, pioneering Spanish photographer Mey Rahola, and Brazilian modernist Tarsila do Amaral, who will be the subject of a major exhibition at the Musée du Luxembourg in 2024.

art collecting debraj ray professor economics

Economic theorist and NYU economics professor Debraj Ray discusses his art collection, which began with a Picasso etching purchased from a Berkeley gallerist after his daughter Zayira discovered the image online. His collection focuses on early- and mid-20th-century masters, including works by Joan Miró, Egon Schiele, and Henry Moore, with a preference for monochrome etchings and lithographs. Ray describes how his analytical mindset as an economic theorist connects to his approach to art, viewing aesthetics and mathematics as interconnected modes of thinking.

sbi art auction modern legacy bloom now

SBI Art Auction is set to host a major two-day auction event in Tokyo this March, coinciding with Art Fair Tokyo. The first sale, "Modern Legacy," features a prestigious single-owner Japanese collection including masterpieces by Léonard Tsuguharu Foujita, Edvard Munch, and Egon Schiele. The second sale, "Bloom Now," focuses on contemporary and Pop art, highlighting works by Roy Lichtenstein and Takeda Teppei, with the combined events carrying a low estimate of JPY 1.25 billion ($7.9 million).

In major auction night, rare Klimt painting smashes records at $236.4 million

Sotheby's held its first sale at its new US headquarters in New York, where Gustav Klimt's "Portrait of Elisabeth Lederer" sold for $236.4 million, becoming the most valuable work of modern art ever sold at auction and the most expensive artwork ever sold by Sotheby's globally. The record-breaking 20-minute bidding war also saw strong results for works by Edvard Munch ($35.1 million) and a Klimt landscape ($86 million), while the evening's total reached $706 million. However, two top lots by Kerry James Marshall and Barkley L. Hendricks failed to sell, and Maurizio Cattelan's gold toilet "America" drew only a single bid from Ripley's Believe It or Not! for $12.1 million.

May 2026 Exhibitions

Several galleries and a museum in Columbus's Short North arts district are opening new exhibitions for May 2026. Highlights include a women's group show at Sean Christopher Gallery Ohio, environmental abstract paintings by Annette Poitau at Marcia Evans Gallery, a spring-themed solo exhibition by Amy Adams at Sharon Weiss Gallery, and a salon exhibition at 24 Lincoln St. Gallery & Art Studios. The Columbus Museum of Art at the Pizzuti is presenting the first U.S. museum survey of Bahamian conceptual artist Tavares Strachan, featuring his 'Encyclopedia of Invisibility'.

For their 30th anniversary, Pokémon enter the museum: Gotta catch 'em all!

Pour leurs 30 ans, les Pokémon entrent au musée : attrapez-les tous !

The Musée en Herbe in Paris is hosting a major exhibition titled 'Admirez-les tous ! Une exposition hommage à Pokémon' to celebrate the 30th anniversary of the Pokémon franchise. The show features original Game Boy consoles, early trading cards, preparatory drawings for the animated series, and insights from the French translator who named the creatures. It also highlights how Pokémon have entered the global visual heritage.

11 Artists Having Breakout Moments in 2026

The article profiles eleven artists poised for breakout moments in 2026, highlighting their recent achievements and upcoming projects. Featured artists include Diambe, a nonbinary Brazilian artist who will debut a major solo show at Kunsthalle Basel; Tuan Andrew Nguyen, a Vietnamese-born MacArthur fellow who will unveil a public commission for New York's High Line Plinth; and Balraj Khanna, a self-taught Indian painter who died in 2024 and is gaining posthumous recognition. Other artists on the list include Klára Hosnedlová, Kim Hankyul, Gabriel Chaile, Benni Bosetto, Pat Oleszko, Seba Calfuqueo, Tony Lewis, and Nat Faulkner, each noted for significant exhibitions, gallery representation, or awards that have built momentum toward wider acclaim.

Record $236.3m Klimt leads Sotheby’s first night of auctions in Breuer Building

Sotheby's first evening auctions in its new Manhattan headquarters, the former Whitney Museum building designed by Marcel Breuer, achieved a record total of $605.1 million ($706 million with fees) on November 18. The night was headlined by the sale of 24 works from the collection of the late billionaire Leonard Lauder, which alone brought in $456.2 million. The standout lot was Gustav Klimt's 'Bildnis Elisabeth Lederer (Portrait of Elisabeth Lederer, 1914-16)', which sold for $205 million ($236.3 million with fees) after a nearly 20-minute bidding war, becoming the second-most-expensive painting ever sold at auction. A subsequent contemporary art auction added $148.8 million ($178.5 million with fees) across 44 lots.

Gustav Klimt portrait sale breaks modern art record

Gustav Klimt's portrait of Elisabeth Lederer sold for $236 million (£180 million) at Sotheby's in New York, setting a new record for the most expensive work of modern art ever sold at auction. The painting, completed between 1914 and 1916, depicts the daughter of Klimt's most important patrons and was part of the collection of the late cosmetics billionaire Leonard Lauder, who had purchased it in 1985. The sale took place during Sotheby's first evening sale at its new Manhattan headquarters, with bidding starting at $130 million and narrowing to two contenders before the hammer fell at $236 million.

Christie’s $700M Night, Trump’s $7.25M Rockwell & Bonhams’ Big Names

The article reports on major auction results from Christie's, Bonhams, and other houses, including a $700 million evening sale at Christie's and a Norman Rockwell painting sold for $7.25 million linked to former President Donald Trump. It also highlights notable consignments and bidding activity from high-profile collectors and estates.

A Jean-Michel Basquiat Rarity And Banksy's Spray-Painted Flag Head To Frieze London 2025

Frieze London 2025 returns for its 23rd edition from October 15-19 in Regent's Park, featuring over 280 international galleries. Major auction houses are staging blockbuster sales during the week, including Sotheby's evening and day sales in partnership with Celine, Christie's 20th/21st Century Evening Sale and a trilogy of drawings from the Klaus Hegeswich collection, and Phillips' Modern & Contemporary sales. Highlights include a Jean-Michel Basquiat rarity, Banksy's spray-painted flag, a Francis Bacon portrait, a Picasso etching, and a Lucian Freud self-portrait estimated at up to $16 million.

Inside Pauline Karpidas’s Legendary Surrealist Collection Bound for Auction

The legendary Surrealist collection of the late Pauline Karpidas, a renowned art patron and collector, will be auctioned at Sotheby's London in September 2025. The sale spans approximately 250 lots from her eccentric London home, featuring masterworks by René Magritte, Leonora Carrington, Salvador Dalí, Max Ernst, and Les Lalannes. The collection is expected to fetch over £60 million ($81 million), the highest estimate ever placed on a single collection at Sotheby's Europe. Highlights include Magritte's 'La Statue volante' (1940–41), estimated at £9–12 million, and works acquired directly from the estates of Surrealist figures like André Breton and Paul Éluard.

Art Basel Qatar

Art Basel has announced the launch of Art Basel Qatar, a new international art fair set to debut in Doha. The fair will be held under the patronage of Sheikha Al Mayassa bint Hamad bin Khalifa Al Thani, chairperson of Qatar Museums, and is expected to bring together leading galleries from around the world. The announcement marks a significant expansion of the Art Basel brand into the Middle East, following its existing fairs in Basel, Miami Beach, Hong Kong, and Paris.

What does Giovanni Muciaccia do after Art Attack? He continues to spread culture and tells us all about it in this interview

Cosa fa Giovanni Muciaccia dopo Art Attack? Continua a divulgare cultura e ci racconta tutto in questa intervista

Giovanni Muciaccia, the beloved host of the children's art show "Art Attack" that aired in Italy from 1998 to 2004 and again from 2011 to 2014, continues his mission of art education through books, theater performances, and a new online series. Now also an artist and collector himself, Muciaccia discusses his journey from television presenter to full-time art communicator, explaining how his early passion for art was sparked by a middle school teacher and deepened during his time filming in London, where he visited the newly opened Tate Modern and began studying contemporary art.

Palette of flowers: Nada Al Barazi hosts ‘Gardens’ solo exhibition at Intent Gallery

Internationally acclaimed artist Nada Al Barazi presented her solo exhibition 'Gardens' at Intent Gallery in Dubai from May 9 to 13. The show featured a contemplative body of work exploring nature as an emotional and introspective experience, with layered textures, expressive color, and organic forms that invite viewers to reflect on memory, transformation, and renewal. Al Barazi, a holder of the UAE Golden Visa from Dubai Culture & Arts Authority, is recognized for her contributions to contemporary art in the Emirates and globally.

Studio house museum

Hillsboro Fine Art in Dublin announces 'Studio house museum', a solo exhibition by Irish artist Eamon O’Kane, running from 5 February to 7 March 2026. The show features new paintings from his ongoing Ideal collection series, inspired by residencies and visits to iconic studios and houses of artists, collectors, and architects, including Francis Bacon’s Reece Mews studio, Eileen Gray’s E-1027, the Edith Farnsworth House, Philip Johnson’s Glass House, and others. O’Kane explores creative spaces as living archives, reconstructing environments that blend Modernist aesthetics, architectural clarity, and painterly intuition, mapping networks of influence across generations.

Newly Unearthed Letter Reveals Edvard Munch’s Influence on Paula Rego

A newly discovered 1951 letter reveals that a teenage Paula Rego was profoundly impressed by an Edvard Munch exhibition, specifically citing 'The Scream' and 'Inheritance.' This formative experience directly influenced her early work, such as her 1952 painting 'Drought,' which echoes Munch's style and themes. The letter, written to her mother, documents a pivotal artistic encounter she never publicly discussed.

gustav klimt blumenwiese blooming meadow lauder sale

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.

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.