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christies robert patricia weis collection sale

Christie’s has secured the collection of Robert F. Weis and Patricia G. Ross Weis for its November sales in New York, with 80 lots valued at over $180 million. The collection spans Cubism to Abstract Expressionism and includes major works by Picasso, Matisse, Mondrian, and Rothko, with top estimates reaching $50 million. The Weis family, founders of Weis Markets, assembled the collection over more than seventy years, and 18 lots will be sold in a single-owner sale ahead of Christie’s 20th-century evening sale.

art market mugrabi nahmad kenny schachter

Kenny Schachter critiques the art market's doomsaying media narrative, coining the acronym Salsa (Scribes Always Love Sensational Apocalypse) to describe clickbait-driven hype. He contrasts current market anxieties with past downturns, notably the 1991-1996 recession when the market evaporated, citing a 1991 Roberta Smith article. Schachter observes that the Nahmads and Mugrabis, once feuding families, now invest together, and he recounts his experience at Phillips during his "Hoarder 6" exhibition, where young collectors showed genuine interest. He argues that the market, though wounded, remains healthy and calls for a less transactional, more patient approach to selling art.

why no one trusts art prices anymore

Artnet News editor-in-chief Naomi Rea joins Kate Brown on The Art Angle podcast to discuss the unraveling of traditional art pricing logic. The art market has cooled beyond a typical downturn, entering what Rea calls a "danger zone" where dealers and advisors are quietly recalibrating as speculation dries up and confidence wanes. The episode examines how pricing mechanisms that once held the market together have broken down, affecting everyone from mega-galleries to emerging dealers.

top auction results june 2025

The summer 2025 auction season concluded with total sales of $85.7 million, a significant drop from $105 million the previous year. The top lot, François-Xavier Lalanne's *Grand Rhinocrétaire II* (2003), sold for $16.42 million at Sotheby’s New York, far below last June’s $29 million top price. Other notable results include Tamara de Lempicka’s *La Belle Rafaëla* (1927) at $10.18 million, two Jean-Michel Basquiat works, and a strong showing by Jacek Malczewski’s *Reality* (1908) at Desa Unicum in Warsaw.

christies first half results 2025

Christie's reported that its auction sales for the first half of 2025 totaled $2.1 billion, identical to the same period last year, suggesting the art market may be stabilizing. However, the $2.1 billion figure marked a 22 percent drop from the first half of 2023, indicating stabilization at a lower level. The house sold seven of the top 10 works at auction, led by Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black, and Blue* (1921) for $47.6 million from the collection of Barnes & Noble founder Leonard Riggio. Luxury sales rose 29 percent, while Old Master sales increased 15 percent, but Asian art and Classics fell 28 percent and 32 percent respectively. The Americas led buyer activity at 45 percent, followed by EMEA at 34 percent and APAC at 21 percent.

christies smashes canalettos auction record after venice view sells for 43 7 m

Christie’s Old Masters evening sale in London set a new auction record for Canaletto on Tuesday, when his painting *Venice, the Return of the Bucintoro on Ascension Day* (circa 1732) sold for £31.9 million with fees ($43.7 million), far exceeding its £20 million estimate. The work, once owned by Britain’s first prime minister Robert Walpole, drew five bidders and sold to an anonymous phone bidder via Christie’s international director Alice de Roquemaurel. The previous Canaletto record of £18.6 million was set at Sotheby’s in 2005.

phillips modern and contemporary art by the numbers

Phillips held its marquee May auction in New York, achieving $52 million in total sales, down from $86.3 million the previous year. The top lot was a Jean-Michel Basquiat work owned by David Bowie, which sold for $6.59 million. Four lots were withdrawn before the sale, five failed to sell, and the sell-through rate was 77.5 percent. Despite a low-energy room, five artist records were set, including four for women artists: Ilana Savdie, Olga de Amaral, Kiki Kogelnik, and Grace Hartigan, and one for James Turrell.

david lynch collection auction

A collection of 450 objects owned by the late filmmaker David Lynch was auctioned by Julien's Auctions, achieving a white-glove sale totaling $4.25 million. The top lot was a group of scripts from Lynch's unrealized film project *Ronnie Rocket: The Absurd Mystery of the Strange Forces of Existence*, which sold for $195,000. Other notable sales included scripts for *Mulholland Drive* ($104,000), *Twin Peaks* pilot ($91,000), and *Twin Peaks: Fire Walk with Me* ($78,000), as well as Lynch's director chair ($91,000), a personal 35mm print of *Eraserhead* ($52,000), and his La Marzocco espresso machine ($45,500).

orange county museum of art merger uc irvine

The University of California, Irvine has announced it is exploring a merger with the Orange County Museum of Art (OCMA) in Costa Mesa. A nonbinding letter of intent has been signed, and a definitive agreement is being developed pending approval by the University of California Board of Regents, which is expected to vote on the merger in the fall. The news comes less than two months after OCMA director and CEO Heidi Zuckerman announced her departure, and as the museum prepares to open its California Biennial.

art market minute jun 16

Art Basel, the world's largest art fair, returns from June 17 to 22 amid ongoing market contraction and geopolitical instability. Meanwhile, Sotheby's London will auction the private collection of legendary art patron Pauline Karpidas in a 250-lot sale this September, estimated to fetch a record-setting $81 million. Additionally, Frieze will relocate to a new venue in Seoul for its fourth edition in the South Korean capital.

sothebys picasso ceramics

Sotheby's London held a 'white glove' sale of 126 one-of-a-kind ceramics by Pablo Picasso, all from the collection of his granddaughter Marina Picasso. The auction achieved a 100% sell-through rate, generating £12.3 million ($19.4 million), with the top lot—a painted goat-shaped vase titled *Cabri* (circa 1947)—selling for £485,000, nearly quadrupling its estimate.

graham gund architect art collector dead

Graham Gund, an architect and prominent art collector, died on June 6 at age 84. With his wife Ann, he built a significant contemporary art collection featuring works by Pablo Picasso, Kenneth Noland, Kiki Smith, Christo and Jeanne-Claude, and Richard Serra. Gund designed and funded the Gund Gallery at Kenyon College, his alma mater, and was a longtime patron of the Museum of Fine Arts Boston, where a gallery and the directorship endowment bear his name. He appeared multiple times on the ARTnews Top 200 Collectors list.

wet paint romero britto cruise

Artnet News' gossip column Wet Paint reports on a Valentine's Day dining experience aboard a simulated Princess Cruises ship at Pier 59 in Chelsea Piers, New York. The event, titled "Love by Britto: First Artistically Inspired Dining Experience Celebrating 'Love'," was designed by Miami-based artist Romero Britto, featuring his signature kaleidoscopic pop art on plates, wine labels, paperweights, and even toilet paper roll stickers. Chef Rudi Sodamin prepared the meal, which included a cocktail with edible glitter and heart-shaped desserts. Britto himself attended a run-through the previous night, and the $214 tickets for the final evening were sold out.

may marquee auctions recap analysis christies sothebys

Christie's marquee auctions in New York generated $489 million across two sales, led by the $272 million 'Leonard & Louise Riggio: Collected Works' sale and a $217 million 20th century art evening auction. The house guaranteed all 39 lots in the Riggio sale and used third-party guarantees on many others to mitigate risk in a soft market. Top lots included Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black, and Blue* (1922) at $47.6 million, Claude Monet's *Peupliers au bord de l'Epte, crépuscule* (1891) at $49.2 million, and Mark Rothko's *No. 4 (Two Dominants) [Orange, Plum, Black]* (1950–51) at nearly $39 million. Two Warhols were pulled before the sale, highlighting ongoing challenges in selling high-value works at auction.

by the numbers a marathon night at sothebys moves 186 1 million worth of contemporary art

Sotheby's held a marathon night of three sales in New York, totaling $186.1 million in contemporary and ultra-contemporary art. The evening began with single-owner sales from the collections of the late dealer Barbara Gladstone and veteran dealer Daniella Luxembourg, both achieving 'white glove' results with no buy-ins. The main sale featured 42 lots, led by Jean-Michel Basquiat's *Untitled* (1981), which sold for $16.4 million. Overall, 66 of 69 lots sold, with a 94% sell-through rate, though the total fell short of the $234.6 million achieved in the equivalent sale last year.

art bites illustrator marginel wright enright frank lloyd wright sister

Maginel Wright Enright, the youngest sister of famed architect Frank Lloyd Wright, is the subject of this article highlighting her career as a prolific children's book illustrator and commercial artist. Born in 1877, she studied at the Chicago Art Institute and worked for the engraving firm Barnes, Crosby Co. before illustrating 63 children's books, including works by L. Frank Baum (author of *The Wonderful Wizard of Oz*), Johanna Spyri's *Heidi*, and Clara Ingram Judson's *Flower Fairies* series. She also contributed to magazines such as *Woman's World* and *McClure's*, and created a World War I poster.

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.

national garden of american heroes analysis

President Trump is moving forward with the National Garden of American Heroes, a monument featuring 250 life-size statues of American historical figures, to be built for the U.S. semiquincentennial in 2026. The project, first announced in a 2020 executive order, has released grant guidelines offering $200,000 per sculpture, with $34 million diverted from the NEA and NEH. The list of 244 subjects includes figures like Hannah Arendt, Neil Armstrong, and John Singer Sargent, with six remaining to be chosen by a presidential aide. The statues must be realistic, using materials like marble or bronze, and the location is still undecided, though South Dakota is a strong contender.

art shipping in turmoil as tariffs trigger delays

President Trump's tariff policies are causing significant disruption in the art shipping industry, despite artworks themselves remaining largely exempt from import taxes under U.S. law. While Section 1702(b) of the IEEPA protects artworks, books, and films from presidential trade restrictions, antiques and design objects are subject to a 10 percent universal tariff, creating confusion for customs officers. Meanwhile, changes to de minimis rules—lowering the threshold for formal customs processing from $2,500 to $800—have forced DHL to temporarily suspend certain shipments and caused multi-day delays. Smaller art dealers relying on global logistics firms are particularly affected, as bespoke fine-art shippers like Crozier, UOVO, and Cadogan Tate are often too expensive for lower-value works under $10,000.

Newcastle Art Gallery unveils three new exhibitions

Newcastle Art Gallery in New South Wales, Australia, will open three new exhibitions on May 23, 2026, following its major expansion and reopening in February. The shows include the largest solo exhibition to date by Torres Strait Islander artist Brian Robinson, titled "Multiverse"; the first institutional solo show by Tiyan Baker, "Mouth Mnemonica"; and "The Mordant Family Gift," featuring 25 works donated by philanthropists Simon Mordant AO and Catriona Mordant AM. The gallery has already attracted over 80,000 visitors, surpassing its previous annual record.

11 Art Shows to See in the Hudson Valley in May 2026

The article surveys 11 art exhibitions opening across the Hudson Valley in May 2026, highlighting a regional preoccupation with structure, materiality, and resistance to singular narratives. Featured shows include "Surface, Structure, String" at Hudson Hall, a textile survey curated by Richard Saja with artists like Portia Munson and Laleh Khoramian; "Jose Picayo: 35 Years in Photographs" at Robin Rice Gallery; "The Linda McCartney Retrospective: From the Light" at the Fenimore Art Museum; "Carol Seitz: Growth in Difficult Places" at Convey/er/or; and "Stephen Olivier: Hazmat" at ASK in Kingston, among others.

'First-of-its kind' Houston park reveals 6 murals by local artists

Untitled Art, the contemporary art fair, is returning to Houston for its second edition this October. To kick off plans, the fair has commissioned two artist projects that will be unveiled at the city's 39th annual Art Car Parade.

Newport Art Museum launches the Gertrude Vanderbilt Whitney Society

The Newport Art Museum has launched the Gertrude Vanderbilt Whitney Society, a new fund to support ambitious exhibition programming. The initiative was previewed at the Members' Show Exhibition and will be announced at the Julie Keyes Gallery Pop Up at Palm Beach Modern Auctions on February 13. The fund will support major projects including 'Sheila Isham: Between Worlds' opening July 10 and a 2028 exhibition on Edward Mitchell Bannister developed with multiple partners. The society is named after Gertrude Vanderbilt Whitney, a charter member of the Newport Art Association and influential arts patron.

Nnena Kalu wins the 2025 Turner Prize

Scottish artist Nnena Kalu has won the 2025 Turner Prize, becoming the first learning-disabled person to receive the prestigious award. Her winning work includes suspended sculptures bound with rope and tape, along with swirling vortex drawings, currently on display at Cartwright Hall Art Gallery in Bradford as part of the UK City of Culture festival. Kalu, who is autistic and has limited verbal communication, was nominated for her contributions to the Conversations exhibition at the Walker Art Gallery in Liverpool and for her work Hanging Sculpture 1 to 10 at Manifesta 15 in Barcelona. The jury, chaired by Tate Britain director Alex Farquharson, praised the visual and aesthetic quality of her abstract art, noting its powerful presence and enigmatic expressiveness.

THE SMOKING SECTION: GOTHAM CHELSEA UNVEILS FIRST ASHTRAY ART EXHIBITION FEATURING COMMISSIONED WORKS BY PREMIER ARTISTS

Gotham, the world's first cannabis concept store, has unveiled 'The Smoking Section,' its first commissioned art exhibition at Gotham Gallery in Chelsea, New York. Running from November 6, 2025, to January 5, 2026, the show features over 45 artists and designers—including Ridykeulous (Nicole Eisenman and A.L. Steiner), Daniel Gordon, Mika Tajima, Deborah Czeresko, and Peter Shire—who each created original ashtrays that range from functional to conceptual. Curated by Rachel Berks, Gotham's VP of Product Development & Partnerships, the exhibition explores the ashtray as both a ritual object and cultural symbol, linking cannabis culture to contemporary art.

LOOK25 Gala supports Contemporary Calgary and Butterfly Ball raises funds for Boost Child & Youth Advocacy Centre

The LOOK25 Gala in Calgary, held on May 31 and presented by MAWER, raised over $1.2 million for Contemporary Calgary. Themed “Noir Nouveau” after textile artist Simone Elizabeth Saunders, the event featured a VIP dinner by Holt Renfrew, performances by Justine Tyrell and Timothonius, and a live auction led by Heather Edwards that included works by Saunders, June Clark, Evan Penny, and a circa-1960 Jean-Paul Riopelle. An after party sponsored by Masters Gallery drew 600 guests. Separately, the Butterfly Ball in Toronto, now in its 26th year, raised $1.27 million for Boost Child & Youth Advocacy Centre, with co-chairs Claire MacNamara and Trish Del Sorbo, and an auction handled by Christie’s consultant Brett Sherlock.

Jill Westwood’s Archive of Feminine Power

Jill Westwood's 1980s photographic and sculptural work exploring feminine power, kink, and queer identity is being exhibited at NEVEN gallery in London. The exhibition presents archival material that was largely unseen for decades, focusing on themes of dominance, submission, and the female gaze within subcultural scenes.

Adam Budak dismissed as director of MOCAK amid controversy

Adam Budak has been dismissed as director of the Museum of Contemporary Art in Krakow (MOCAK), effective from 12 May, with his employment ending on 30 June. The city of Krakow cited improper performance of duties related to work organization and team management, following an investigation triggered by a complaint signed by 37 employees. Budak disputes the decision, calling it baseless and made under time pressure, and is considering an appeal. Artists including Paulina Ołowska and Robert Knoke have rallied in support, with several artists withdrawing from MOCAK's 2026–27 programme in solidarity.

Louise Bourgeois’s Body Clock

A new exhibition titled 'Louise Bourgeois: Echoes of the Morning' has opened at the PoMo museum in Trondheim. The show centers on a series of vibrant, visceral gouaches created by Bourgeois in the last four years of her life, presented in dialogue with major sculptural installations like 'Peaux de lapins, chiffons ferrailles à vendre' (2006) and 'Spider Couple' (2003). The exhibition offers an intimate, focused exploration of the artist's late work.

Robust Sales at Sotheby’s, Phillips Suggest Art Market Upswing

The May 19 evening sales at Sotheby’s and Phillips generated a combined $419.1 million, signaling a potential recovery in the contemporary and modern art market. Sotheby’s brought in $303.9 million—60% more than the previous year—led by a record-breaking $48.4 million Matisse, while Phillips achieved $115.2 million, more than double its 2025 sales. Both auctions saw high sell-through rates, with 98% and 100% of lots sold respectively. Notable lots included a $42.6 million Picasso, a $29.4 million van Gogh drawing, and strong performances by female artists like Lee Bontecou, Joan Mitchell, and Helen Frankenthaler.