Fair Warning Bets Big on a Banksy That Could Realize $18 Million

Fair Warning, the members-only online sales platform founded by former Christie's rainmaker Loïc Gouzer, is staging a rare live auction on May 20 at Tiffany & Co.'s flagship store in New York. The centerpiece is Banksy's *Girl and Balloon on Found Landscape* (2012), a work from the artist's 'Crude Oils' series that has never been publicly exhibited. Consigned by a private collector, the painting carries an ambitious estimate of $13 million–$18 million, one of the highest ever for a Banksy. Gouzer argues that Banksy is among the most consequential artists of our time, comparing his trajectory to Jean-Michel Basquiat, and sees this sale as a landmark moment for the artist's market.

It is the great Mark Rothko leading Sotheby's first auctions in New York

È il grande Mark Rothko a guidare le prime aste di Sotheby’s a New York

Sotheby's kicked off New York's art and auction week with two major sales on May 14, 2026, led by the highly anticipated Robert Mnuchin: Collector at Heart Evening Auction. The top lot was Mark Rothko's "Brown and Blacks in Reds" (1957), which sold for $85.8 million, the second-highest price ever for the artist at auction. The Mnuchin auction achieved a "white glove" sale, selling all 11 lots for a total of $166.3 million, followed by The Now & Contemporary Evening Auction which brought in $266.8 million. Combined, Sotheby's generated $433.1 million, a 133% increase over its May 2025 session. The sales reflect a strong return of high-value trophy lots to the secondary market, driven by the dispersal of prominent collectors' estates.

Andy Warhol | Cow II.11A (1971) | For Sale

Andy Warhol's screenprint "Cow II.11A" (1971) is being offered for sale by Composition.Gallery, priced at $15,200. The work is a color screenprint on wallpaper, printed by Bill Miller's Wallpaper Studio, Inc., New York, and published by Factory Additions, New York, for a Warhol exhibition at the Whitney Museum of American Art from May 1 to June 13, 1971. It is part of a limited edition of 100, stamped by the artist's estate, and includes a certificate of authenticity.

Sotheby’s Posts $433 Million Haul, as Trophy Lots Continue to Carry the Market

Sotheby's May 2025 evening auctions in New York generated $433.1 million, a 132.7% increase over the same sales last spring, despite offering fewer lots. The evening featured an 11-lot sale from the collection of the late banker-turned-dealer Robert Mnuchin, which alone brought in $166.3 million, led by Mark Rothko's "Brown and Blacks in Reds" (1957) selling for $85.8 million. The main contemporary art auction, including "The Now" sale, totaled $266.8 million, with over 80% of lots guaranteed. Four works went unsold and one was withdrawn, yielding a 91% sell-through rate.

Why Is Beeple So Successful?

The article examines the meteoric rise of artist Mike Winkelmann, known as Beeple, who broke auction records in 2021 by selling an NFT for $69.3 million at Christie's, becoming the third most expensive living artist. His robot dogs, featuring heads of figures like Elon Musk and Mark Zuckerberg, debuted at Art Basel Miami Beach and are now on view at Berlin's Neue Nationalgalerie during Gallery Weekend. The show, titled "Regular Animals," has sparked controversy, with critics like Markus Lüpertz denouncing the works as trivial entertainment unworthy of a museum, while curators Carolyn Christov-Bakargiev and Lisa Botti defend the exhibition.

“Drifting Until Caught” at Brooklyn Navy Yard: Three Artists and the Objectivity of Method

Three artists—Veronika Georgieva, Stephen j Shanabrook, and Shura Skaya—have transformed an industrial venue at the Brooklyn Navy Yard into a pop-up exhibition titled “Drifting Until Caught.” The show, accessible only by appointment, features works that range from pressed plastic sculptures and chocolate casts to wax crayon drawings and acrylic paintings, all exploring the boundary between figuration and abstraction. Each artist employs mechanical or chance-based methods, such as Shanabrook’s hydraulic press or Georgieva’s video projections, to create images that embrace distortion and materiality.

Robot dogs with Elon Musk's head 'poo' AI art in bizarre exhibition

Artist Beeple (Mike Winkelmann) has installed "Regular Animals" at Berlin's Neue Nationalgalerie, featuring robot dogs with hyper-realistic silicone heads of Elon Musk, Mark Zuckerberg, Jeff Bezos, Andy Warhol, Pablo Picasso, and Beeple himself. The dogs roam the gallery and periodically "poo" printed images of their surroundings that have been transformed by artificial intelligence, with each dog's output reflecting the style of its figurehead—for example, the Picasso dog produces Cubist-style images. The work premiered at Art Basel Miami Beach 2025, where Beeple distributed the prints with certificates reading "100% organic GMO-free dog s**t" and QR codes for free NFTs.

Basquiat's intense works on paper are at the center of his first exhibition in Denmark

Le intense opere su carta di Basquiat sono al centro della sua prima mostra in Danimarca

The Louisiana Museum of Modern Art in Humlebæk, Denmark, is hosting "Headstrong," a retrospective of 50 works on paper by Jean-Michel Basquiat, running until May 17. The exhibition focuses on Basquiat's depictions of the human head and body, created between 1981 and 1983, and first shown posthumously in 1990. It is the first solo museum presentation of Basquiat in Scandinavia, featuring loans from private collections and international museums, highlighting a lesser-known aspect of the artist's practice.

In Warsaw, the Poster Museum reopens and it is the oldest in the world

A Varsavia riapre il Museo del Manifesto ed è il più antico del mondo

The Poster Museum in Wilanów, a suburb of Warsaw, has reopened after a major conservation restoration co-financed by the Polish Ministry of Culture and National Heritage. Founded in 1968 as an autonomous institution from the National Museum in Warsaw, it is the oldest museum of its kind in the world. Its collection now holds approximately 63,000 posters from Poland and abroad, dating from the late 19th century to the present, including works by Pablo Picasso, Andy Warhol, and Stasys Eidrigevičius. The reopening exhibition, "Polish Posters: The Collection," features 240 works spanning 130 years of Polish urban life, covering themes from politics and propaganda to cinema, theater, music, and fashion. The museum also hosts the International Poster Biennale, founded in 1966, with the next edition scheduled for 2027.

Jill Bedgood: Vestiges of Existence

Andrew Durham Gallery in Houston announces "Vestiges of Existence," a solo exhibition of multi-media works by artist Jill Bedgood, running from June 6 to August 1, 2026. The show explores how physical remnants—such as worn jewelry, handwritten letters, and natural anomalies—carry memory and document human presence, functioning as contemporary memento mori. An opening reception on June 6 and an artist talk on July 11 accompany the exhibition.

All New for 2026: The Greatest Exhibitions in Greater Philadelphia

Greater Philadelphia is launching a year-long Semiquincentennial celebration in 2026, featuring a series of major exhibitions across the region. Highlights include "A Nation of Artists" at the Philadelphia Museum of Art and the Pennsylvania Academy of the Fine Arts, the "What Now" festival by ArtPhilly, and "Bells Across PA," a statewide display of painted Liberty Bell replicas. Other notable shows include the Museum of the American Revolution's "The Declaration's Journey," The Franklin Institute's immersive theme park exhibit, The Academy of Natural Sciences' Indigenous re-examination of its Lewis and Clark collection, and the Independence Seaport Museum's look at early American commerce. The Clay Studio presents "Radical Americana" across 20 sites, the National Liberty Museum opens three exhibitions on the First Amendment, and a new show at the Philadelphia Museum of Art explores monuments, curated by Paul Farber.

The Museo Casa Natal Picasso rescues Marisol Escobar, the forgotten queen of pop art

The Museo Casa Natal Picasso in Málaga, Spain, has opened the exhibition "Ni Musas Ni Modelos" (Neither Muses Nor Models), which seeks to reclaim the legacy of Marisol Escobar, a Venezuelan-born pop artist who rose to fame in the 1960s but later fell into obscurity. The show features over forty works by Escobar—including her piece "Saco La Lengua" (I Stick Out My Tongue)—alongside works by thirty other artists such as Dorothea Tanning and Helen Frankenthaler, aiming to correct the historical sidelining of female artists.

Ed Ruscha | Ed Ruscha Records 1971 (1st edition) (1971) | Art & Prints

This article presents Ed Ruscha's artist book "Records" (1971), a photographic survey of thirty vinyl records from his personal collection, offered by Lot 180 Gallery New York. It describes the work as a first edition offset printed book in good vintage condition, measuring 7 x 5.5 inches, from an edition of approximately 2,000 unsigned copies published by Heavy Industries Publications in Los Angeles.

New Jersey Father and Daughter Plead Guilty to $2 M. Counterfeit Art Scheme

Two New Jersey residents, Erwin Bankowski and his daughter Karolina Bankowska, pleaded guilty to running a counterfeit art scheme that funneled over 200 fake works into the legitimate market between 2020 and 2025. The pair consigned forgeries attributed to artists including Andy Warhol, Pablo Picasso, Banksy, and Luiseño artist Fritz Scholder to galleries and auction houses across the United States, defrauding buyers of at least $2 million. They fabricated ownership histories, forged gallery stamps and certificates of authenticity using antique books and aged paper, and now face up to 20 years in prison plus restitution.

GEORGE FEBRES: TRANSLATION, IRONY, AND LIBERATION. AN ECUADORIAN ARTIST IN THE DIASPORA

The article examines the life and work of George Febres (1943–1996), an Ecuadorian artist who spent most of his career in the United States, primarily in New Orleans. Febres’s practice blends Pop Art, Neo-Surrealism, and Southern US culture with his experiences as a migrant and queer subject, using bilingualism and ironic tropical imagery to create a hybrid, irreverent body of work. Despite his significance, no works by Febres exist in Ecuadorian public collections, and no major retrospective has been held in his home country, reflecting a broader erasure of queer narratives from national art history.

GEORGE FEBRES: TRADUCCIÓN, IRONÍA Y LIBERACIÓN. UN ARTISTA ECUATORIANO EN LA DIÁSPORA

George Febres (Guayaquil, 1943 – New Orleans, 1996) was an Ecuadorian artist whose work blended pop art, neo-surrealism, and Southern U.S. culture, shaped by his experience as a migrant and queer individual. The article traces his life from a privileged but unstable childhood in Ecuador to his migration to the United States, where he was drafted during the Vietnam War and eventually settled in New Orleans. Febres used bilingualism and ironic appropriation of tropical imagery to create a hybrid, irreverent body of work that challenges the official historiography of Ecuadorian art.

Who’s The Next Obsession? 12 European Collectors Reveal How They Discover New Talent

Cultured magazine asked 12 European collectors how they discover new talent, timed to the 61st Venice Biennale. Collectors like Nicole Saikalis Bay, Amélie du Chalard, Belma Gaudio, and Laurent Asscher share their personal approaches—ranging from emotional resonance and dialogue with existing works to long-term obsession with an artist before acquiring a piece. The responses reveal a diversity of methods, from instinct-driven buying to conceptual and technical evaluation.

collector questionnaire yu chi lyra kuo technology art

Yu-Chi Lyra Kuo, an entrepreneur, investor, and Harvard-educated lawyer, is profiled for her pioneering work at the intersection of frontier technology and art. A former Princeton academic and one of the youngest board members of the Shed in New York, Kuo began collecting art as a child with a jade gourd from her grandfather's museum of Asian carvings. She was an early entrant into blockchain in 2011, co-founded OpenSea 2.0, and now advises frontier tech companies like Orchid Health. Kuo believes technologies such as AI and robotics can enhance human creativity, enabling individualized artworks, autonomous creations, and robot performances, rather than replacing human cultural meaning.

Marat Guelman and the group + - Komma: First of all, it’s beautiful

Marat Guelman's exhibition at Ethan Cohen Gallery in New York (April 23–May 30, 2026) features AI-generated monoprints created in collaboration with the Montenegrin digital art group + - Komma. None of the works were painted by Guelman himself; instead, he programmed AI outputs based on historical models by artists like Picasso, Gauguin, Monet, Warhol, Lichtenstein, Turner, Matisse, and Richter. Every piece in the show incorporates an image of an atomic mushroom cloud, a motif Guelman uses to respond to Vladimir Putin's nuclear threats during the Ukraine war.

Your guide to Christie's 20/21 auction week in New York

Christie's is holding its 20/21 auction week in New York from May 9–22, 2026, featuring seven live auctions and two online sales at its Rockefeller Center galleries. Highlights include the dedicated sale "MASTERPIECES: The Private Collection of S.I. Newhouse" (led by Constantin Brancusi's *Danaïde* and Jackson Pollock's *Number 7A, 1948*), the Impressionist and Modern Art Day Sale, and "Defined Space: The Collection of Henry S. McNeil, Jr.," which focuses on Minimalist works by Donald Judd and Dan Flavin. Other consignors include prominent collectors Agnes Gund, Marian Goodman, and Joanna Carson. The public can view works for free from May 9–21.

An Iranian museum holds a rare exhibit of American art, reflecting on war

The Tehran Museum of Contemporary Art is hosting a rare exhibition of American art, featuring works from its collection that were acquired before the 1979 Islamic Revolution. The show includes pieces by artists such as Andy Warhol, Jackson Pollock, and Mark Rothko, and is presented as a reflection on the complex history of U.S.-Iran relations, including themes of war and cultural exchange.

LACMA inaugurates its new building

Le Lacma inaugure son nouveau bâtiment

The Los Angeles County Museum of Art (LACMA) has inaugurated its new David Geffen Galleries building, a massive horizontal structure spanning Wilshire Boulevard. Designed by architect Peter Zumthor, the $720 million project features 32,000 square meters of exhibition space across 90 non-hierarchical galleries, a free public park level, and a radical departure from traditional museum departmental organization.

Basquiat’s Former Dealer on the Making of an Art World Icon

Bruno Bischofberger, who served as Jean-Michel Basquiat's exclusive worldwide dealer from 1982 until the artist's death in 1988, reflects on Basquiat's life and legacy in an excerpt from the forthcoming book *Basquiat: The World of Jean-Michel*, published by Assouline. Bischofberger contrasts Basquiat's raw, politically charged approach with Andy Warhol's detached, commercial style, and recounts personal memories of Basquiat's visits to Switzerland, where he absorbed everything from visual art to folk art and design.

Who Owns the Megayachts Docked Outside the Venice Biennale?

The article examines the megayachts docked outside the Venice Biennale, focusing on the 170-foot vessel 'Private GG' owned by Giancarlo Giammetti, cofounder of the Valentino fashion house. Giammetti, a serious art collector, was in Venice for the Biennale opening, posting photos of artworks and a dinner with actress Salma Hayek and her husband François-Henri Pinault, a major art collector. The yacht, built in 2022 by CRN, features luxury amenities including a jacuzzi, cinema saloon, and beach club.

Keith Haring Before the End of the World

The article reviews Keith Haring's early work from 1980 to 1983, currently on view at the Brant Foundation in New York. The author reflects on initially dismissing Haring's graffiti-inspired style as trite and playful, but now sees darker, prophetic themes in pieces featuring apocalyptic imagery, UFOs, nuclear power, and mindless obedience to higher powers. The exhibition, curated by Dieter Buchhart and Anna Karina Hofbauer, runs through May 31.

First Impressions of a Venice Biennale Torn Apart by the Present

The 61st Venice Biennale, titled "In Minor Keys," opens amid turmoil: its curator Koyo Kouoh died of cancer during planning, and the festival jury resigned after a controversial statement about excluding Israel and Russia from prizes, replaced by a Eurovision-style people's choice award. The main exhibition, completed by a team of five collaborators using Kouoh's plans, features over 110 artists and collectives, with highlights including works by Big Chief Demond Melanchon, Tammy Nguyen, Guadalupe Maravilla, Ayrson Heráclito, and a section focused on Michael Armitage's Nairobi Contemporary Art Institute.

Malaysia Showcases Recovered 1MDB Artworks, From Picasso to Miró

Four artworks recovered from the 1MDB scandal—by Picasso, Miró, Balthus, and Maurice Utrillo—have gone on public display for the first time at the Malaysian Anti-Corruption Commission headquarters in Putrajaya. The paintings were repatriated from New York after being traced through Sotheby’s and shipped back to Malaysia on April 14. They are part of a broader art trail linked to the massive financial fraud, with Malaysian officials framing the display as an act of restitution rather than an art event.

Duo Who Sold Fake Warhol, Banksy Plead Guilty in $2M Fraud

A father and daughter from New Jersey, Erwin Bankowski and Karoline Bankowska, pleaded guilty in federal court on April 28 to running a counterfeit art scheme that sold fake works attributed to Andy Warhol, Banksy, Pablo Picasso, Richard Mayhew, and others. Between 2020 and 2025, they placed over 200 counterfeit pieces, many made by an artist in Poland, into galleries and auction houses across the U.S., defrauding buyers of at least $2 million. They fabricated provenance, forged gallery stamps and certificates of authenticity, and misrepresented Native American heritage works, violating the Indian Arts and Crafts Act. They face up to 20 years in prison, restitution of at least $1.9 million, and deportation after serving their sentences.

The Wonderful World that Almost Was by Andrew Durbin review – the queer artists who shaped New York cool

Andrew Durbin's new book, 'The Wonderful World that Almost Was,' is a double biography of painter and sculptor Paul Thek and photographer Peter Hujar. It chronicles their artistic maturation, their open and unapologetic gay relationship, and their central role in defining the 'cool' of the New York creative scene from the 1950s to the mid-1970s, before their deaths from AIDS.

Online-Only Art Auctions Overwhelmingly Succeed in 2025

A new report from Artnet reveals that online-only auctions at Sotheby’s, Christie’s, Phillips, Bonhams, and Artnet Auctions generated $423.9 million in 2025, an 8% increase from 2024. The average price of artworks sold online also rose 8.6% to $14,309, with some platforms like Fair Warning finding success through hyper-specific sales, such as one centered on Andy Warhol’s 1974 portrait of Brigitte Bardot. Christie’s reported that 63% of new buyers made their first purchase online in 2025, where the average price point was $22,700.