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pauline karpidas collection sothebys

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.

a dessert themed exhibition lets you have your art and eat it too

The Kunstmuseum Den Haag in the Netherlands is presenting "Grand Dessert," an exhibition that explores the social significance of sweets through a mix of historical artifacts, contemporary painting, video, and sculpture. Guest curated by dessert expert Janny van der Heijden—host of the Great Dutch Bake Off—alongside curator Suzanne Lambooy, the show features works by Wayne Thiebaud, Piet Mondrian, and Natasja Sadi, among others, and includes sections on pudding, chocolate, cake, and ice cream. The exhibition has been extended by six months due to its popularity, drawing over 250,000 visitors.

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

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.

damien hirst will keep making artworks after dies

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

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

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

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.

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.

cattelan gold toilet theft businessman sentencing

A British businessman, Frederick Doe, has received a 21-month suspended sentence at Oxford Crown Court for his role in the 2019 theft of Maurizio Cattelan's solid-gold toilet artwork "America" (2016), valued at $6 million. The toilet was stolen from Blenheim Palace, a UNESCO World Heritage site and former home of Winston Churchill, where it was installed as part of a Cattelan exhibition. Doe acted as a middleman, convicted of conspiring to transfer criminal property after being recorded offering to sell the 227-pound, 18-karat-gold toilet. Two other men, Michael Jones and James Sheen, were found guilty of planning the theft and are due to be sentenced next month. The gold has never been recovered and is believed to have been broken up and sold.

german photography typologien prada foundation milan richter bechers

The Fondazione Prada in Milan is hosting “Typologien,” a survey of 20th-century German photography curated by Suzanne Pfeffer of Frankfurt’s Museum für Moderne Kunst (MMK). The exhibition features works by Karl Blossfeldt, Lotte Jacobi, Hilla Becher, Thomas Struth, Andreas Gursky, Sybille Bergmann, and Candida Höfer, among others, all arranged in dead-on, grid-like typologies. It highlights the formal rules and ethical underpinnings of German photographic traditions, including the influential legacy of Bernd and Hilla Becher and their students from the Düsseldorf Art Academy.

new york frieze auctions

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.

yayoi kusama georgia okeeffe pen pals

The article reveals the little-known friendship and correspondence between Japanese artist Yayoi Kusama and American modernist Georgia O'Keeffe. In 1955, a 26-year-old Kusama, inspired by O'Keeffe's work, wrote to her from Japan seeking guidance. O'Keeffe replied within 20 days, offering advice and encouragement, including urging Kusama to move to the United States and show her art widely. Their decades-long correspondence helped Kusama make her career-defining move to America, though the two met only once, in New York, six years after their first exchange.

len riggios mondrian christies auction

A 1922 painting by Piet Mondrian, *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue*, sold at Christie’s New York for $47.6 million, falling short of its $50 million-plus estimate and the artist’s auction record of $51 million set in 2022. The work was the highlight of the “Leonard & Louise Riggio: Collected Works” sale, a 39-lot trove from the late Barnes & Noble founder and Dia Art Foundation chairman, estimated at up to $326 million. The painting sold to a single phone bidder, likely the guarantor, with no room action.

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.

here are the winners of the first art basel awards

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.

7 art history facts

Frieze Week in New York has arrived, drawing tens of thousands of visitors to The Shed for displays from over 65 international galleries. The article offers a collection of art historical trivia to help attendees impress peers, including tales of a potentially fake Picasso gifted to Robin Williams by Disney, Piet Mondrian's fondness for Disney's *Snow White and the Seven Dwarfs*, and a legend that Raphael's pupil Giulio Romano created erotic frescos in the Vatican's Sala di Constantino out of anger over delayed payment from Pope Clement VII.

moma curator jodi hoptman hilma af klint botanical drawings

MoMA has acquired a rare portfolio of 46 botanical drawings by Hilma af Klint, created between 1919 and 1920, and will present them in an exhibition titled “What Stands Behind the Flowers” from May 11 to September 27. Curator Jodi Hauptman discusses how the drawings reveal af Klint’s dual approach—traditional figuration alongside abstract diagrams—and her deep engagement with the natural world, including newly discovered evidence that she worked as a professional scientific illustrator for a mushroom specialist.

who was l s lowry british painter auction

L.S. Lowry's painting *Going to the Mill* (1925) sold for just over £800,000 ($1 million) at Mall Galleries in London on May 2, after being acquired in 1926 for only £10. The sale underscores Lowry's enduring market appeal, though it falls short of his auction record of £5.6 million set in 2011 for *The Football Match*. The article profiles Lowry, a 20th-century British painter known for his bleak industrial cityscapes filled with anonymous figures, and explores why he remains a beloved but often overlooked figure in the art world.

art institute of chicago investigation james rondeau

James Rondeau, president and director of the Art Institute of Chicago since 2016, has voluntarily stepped away from his role amid an investigation into an alleged incident on a flight from Chicago to Munich in April. According to a CBS News report citing anonymous sources, police were called after a passenger reportedly stripped off his clothes following consumption of alcohol and prescription medication; sources identified that passenger as Rondeau. The museum confirmed it has opened an independent investigation and that Rondeau is taking time off during the process.

martha stewart joopiter contemporary art sale

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.

from the studio to the auction block morgan stanley

This article from Artnet News Pro analyzes how early auction market interest impacts the long-term prospects of contemporary artists, using data from Sotheby's, Christie's, and Phillips. It focuses on two categories: "Ultra-Contemporary" art (artists born 1975–present) and "Postwar and Contemporary" art (artists born 1900–1974). The study examines macro trends over the past 20 years and presents five case studies of living artists whose auction sales peaked at different points. Key findings show that from 2013 to 2021, sales of Ultra-Contemporary art grew by over 700%, from $91.4 million to $739.3 million, while sales for the older cohort peaked in 2014 at $6.95 billion, a modest 16% increase. The number of Ultra-Contemporary lots sold also surged by 250%.

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

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

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.

jeff koons gagosian for frieze new york 2025

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.

pope visits venice biennale

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.

20 superb exhibitions to visit during the Ascension weekend in Paris

20 superbes expos à visiter pendant le week-end de l’Ascension à Paris

Beaux Arts Magazine has curated a list of 20 must-see exhibitions in Paris for the Ascension long weekend (May 14–17, 2026). Highlights include Hilma af Klint's first major French retrospective at the Grand Palais, a Lee Miller survey at the Musée d'Art moderne de Paris, an Alexander Calder show at the Fondation Louis Vuitton, a Matisse exhibition focusing on his late works at the Grand Palais, and a Giovanni Segantini display at the Musée Marmottan Monet. The article also offers recommendations for family-friendly outings, free exhibitions, and evening openings.

The Interview: Ei Arakawa-Nash

Ei Arakawa-Nash, a Japanese American performance artist, was selected to represent Japan at the 61st Venice Biennale, becoming the first non-Japanese national to do so in a solo presentation. This follows his first solo museum exhibition, "Paintings Are Popstars," at Tokyo's National Art Center in 2024, which was also the center's first solo show devoted to a performance artist. In an interview with ArtReview, Arakawa-Nash discusses his naturalization as a U.S. citizen, his complex relationship with national identity, and his upcoming Venice exhibition titled "Grass Babies, Moon Babies," cocurated by Lisa Horikawa and Takahashi Mizuki, which will explore themes of care and reparation using babies as a central motif.

Hayward Gallery announces major Nan Goldin exhibition.

The Hayward Gallery in London has announced a major solo exhibition of American artist and activist Nan Goldin, titled "You Never Did Anything Wrong." Running from 24 November 2026 to 7 March 2027, the show will mark Goldin's first institutional exhibition in the UK since 2002, featuring her intimate photographs and slideshows that document personal relationships, addiction, and queer communities over five decades. The exhibition rounds off the Southbank Centre's 75th anniversary year and includes works such as "Flowers with cup and Gaja" (2024) and "Diana in the bath" (2024).

7 Essential Museum Exhibitions to Visit in Paris

Paris is hosting a major art week with Art Basel Paris returning to the renovated Grand Palais, alongside numerous other fairs like Paris Internationale, Design Miami.Paris, and Asia NOW. To complement the fair circuit, Galerie has curated a list of seven essential museum exhibitions across the city, including shows on Pontus Hulten with Niki de Saint Phalle and Jean Tinguely at the Grand Palais, a Gerhard Richter retrospective at the Fondation Louis Vuitton featuring over 270 works, and a survey of Melvin Edwards at the Palais de Tokyo, among others.

Remembering F. John Sierra, Valie Export, and Mary Lovelace O’Neal

This week's In Memoriam column honors seven figures from the art world who recently passed away, including muralist and Chicano art champion F. John Sierra (1942–2026), Austrian feminist performance and film artist Valie Export (1940–2026), and painter and Civil Rights activist Mary Lovelace O'Neal (1942–2026). Also remembered are Maltese coin and monument designer Noel Galea Bason (1955–2026), Iranian-Irish gallerist and polymath Jamshid MirFenderesky (1947–2026), Philadelphia painter and educator Peter Paone (1936–2026), and Italian sculptor and installation artist Remo Salvadori (1947–2026). Each entry highlights their key contributions, from founding institutions and participating in major biennials to shaping cultural identity and challenging societal norms through art.