The Most Expensive Jean-Michel Basquiat Works Ever Sold at Auction

ARTnews published a listicle ranking the most expensive Jean-Michel Basquiat works ever sold at auction, updated as of May 15, 2026. The article traces Basquiat's rise from street artist under the moniker SAMO to a major figure in the downtown New York scene, highlighting key relationships with Keith Haring, Diego Cortez, and curator Henry Geldzahler. It notes that Basquiat's entire mature output was created between 1981 and 1984, and that his 1983 painting *Museum Security (Broadway Meltdown)* sold at Sotheby's in May 2026 for $52.7 million, placing it among his top sales. The piece also details earlier top sales, including *Untitled* (1982) for $29.3 million at Christie's in 2013 and *Flesh and Spirit* (1982–83) for $30.7 million at Sotheby's in 2018.

The Most Expensive Works by Mark Rothko Sold at Auction

Mark Rothko's paintings continue to command top prices at auction, with a list of his most expensive works updated in May 2026. The article details sales including 'Orange, Red, Yellow' (1956), 'Untitled' (1952) for $66.2 million, 'White center (Yellow, pink and lavender on rose)' (1950) for $72.8 million, 'No. 1 (Royal Red and Blue)' (1954) for $75 million, and 'No. 10' (1958) for $81.9 million. It also notes that in May 2026, Rothko's 'Brown and Blacks in Reds' (1957) sold for $85.8 million at Sotheby's from dealer Robert Mnuchin's collection, narrowly missing the artist's record.

How Christie’s Recruited Nicole Kidman to Sell S.I. Newhouse’s $100 Million Brancusi

Christie's has released a promotional video featuring actress Nicole Kidman to advertise the upcoming auction of Constantin Brancusi's bronze sculpture *Danaïde* (1913), estimated at $100 million. The sculpture comes from the collection of the late media mogul S.I. Newhouse, who purchased it for $18.2 million in 2002. The nearly two-minute film, shot at Christie's Rockefeller Center headquarters, shows Kidman interacting with the work and was conceived by former Sotheby's auctioneer and Newhouse estate advisor Tobias Meyer. The sale is scheduled for May 18 in New York.

At Frieze New York, Business Plunks Along, Leonardo DiCaprio Alights

At the VIP opening of Frieze New York, collectors were present but subdued, with galleries presenting modest displays and sales proceeding at a sensible, sedate pace. Despite the lack of urgency, business has improved since last year, buoyed by upcoming top-tier auctions. Thaddaeus Ropac confirmed four early sales, including a George Baselitz canvas for €1.4 million and an Alex Katz work for $400,000. David Zwirner’s booth of Joe Bradley paintings was among the buzziest, with all works on hold by early afternoon, while Cindy Sherman photographs at Hauser & Wirth sold steadily. Leonardo DiCaprio made visits, and Kelly Sinnapah Mary’s paintings at James Cohan Gallery sold out, the largest to a museum.

This month’s blockbuster auctions in New York could bring upwards of $2.5bn

This month's May auctions in New York are projected to generate between $1.8 billion and $2.6 billion across Christie’s, Sotheby’s, Phillips, and Bonhams. Major highlights include the estates of legendary dealers Marian Goodman and Robert Mnuchin, with top lots such as Gerhard Richter's *Kerze (Candle)* (est. $35m–$50m) at Christie's and Mark Rothko's *Brown and Blacks in Reds* (est. $70m–$100m) at Sotheby's. Additional offerings include works from the late S.I. Newhouse collection, featuring Jackson Pollock's *Number 7A* and Constantin Brâncuși's *Danaïde*, each estimated at $100m, as well as pieces from the collections of Agnes Gund and Marilyn Arison.

One of Van Gogh’s greatest watercolours could achieve a record price

Sotheby's New York will auction Vincent van Gogh's watercolor *The Harvest in Provence* (June 1888) on May 19, with an estimate of $25–35 million. The work, larger and more elaborate than a related watercolor at Harvard, was created just days before van Gogh's celebrated oil painting of the same scene. It is signed and titled, suggesting the artist considered it a finished piece rather than a mere study, and he sent it to his brother Theo before completing the oil version.

Robert Therrien Estate Leaves Gagosian for David Zwirner, Olney Gleason Now Represents Jill Magid, and More: Industry Moves for May 6, 2026

The ARTnews article reports a series of significant gallery representation changes and industry moves in the art world as of May 6, 2026. Key shifts include the Robert Therrien Estate leaving Gagosian for David Zwirner, Olney Gleason now representing Jill Magid, and several other artists—Tianyue Zhong, Africanus Okokon, Seung Ah Paik, Khalif Tahir Thompson—joining or switching galleries. Miriam Machado has been named director of the Patricia and Phillip Frost Art Museum. The article also notes the rising costs and commercial realities of staging exhibitions at the Venice Biennale, including a Christie's selling show at Palazzo Ca' Dario.

Ceramics Are Everywhere, in Museums, Galleries, and Fairs—Has the Market Caught Up?

Ceramics are experiencing a surge in visibility across museums, galleries, and art fairs in major US cities. The article catalogs numerous recent and upcoming exhibitions, including Kathy Butterly's sold-out show at James Cohan with pieces at $45,000 each, Nicole Cherubini's nearly sold-out show at Friedman Benda with prices up to $65,000, and Ruby Neri's work at Salon 94 peaking at $75,000. Other highlights include Ron Nagle at Matthew Marks, Theaster Gates' Gagosian show celebrating David Drake, NADA Ceramics in Tribeca, and ceramic presentations at Frieze Los Angeles, Post-Fair, Expo Chicago, and David Zwirner. Institutional shows include Toshiko Takaezu at Princeton University Art Museum and a ceramic collection at RISD Museum.

A $15M De Kooning Leads Lévy Gorvy Dayan’s New Auction-Style Sales Experiment

Lévy Gorvy Dayan is launching LGD Hammer, a new live-bidding platform that blends private sales with auction dynamics. The inaugural sale on May 16 will feature a 1984 Willem de Kooning painting estimated at $10–15 million, led by co-founder Brett Gorvy, a former auction veteran. The article also reports on gallery closures (Stephen Friedman Gallery, Galerie Philipp Zollinger, Astor Gallery), artist moves (Zoe Leonard to Maxwell Graham, Kehinde Wiley among creditors), and Sotheby’s upcoming single-owner sale of Joe Lewis’s collection expected to exceed $200 million.

The Venice Biennale’s Polite Fiction of Being ‘Above the Market’ Is Wearing Thin

The 61st Venice Biennale is underway, with art world figures flocking to Venice for the opening. While the Biennale is officially a non-selling curatorial platform, commercial interests are increasingly visible: galleries are funding artists' projects to recoup investments, auction houses like Christie's are hosting private selling exhibitions (including a 'Ghost Pavilion' at the Ca' Dario Palazzo), and fashion houses such as Bottega Veneta and Chanel are sponsoring events. Sotheby's has pulled support for the U.S. Pavilion, which is now crowdfunding, while Frieze is bankrolling the British Pavilion for a second time.

Rare early photographs reveal lost sites featured in Van Gogh’s paintings

Two rare photographic albums taken by art critic Gustave Coquiot in 1922 have been acquired by the newly established Van Gogh Academy in Auvers-sur-Oise, France, and are now on display. The images capture many of the sites in Arles that Vincent van Gogh painted in the late 1880s, including the Yellow House, the Langlois Bridge, and the Rhône riverbank. Several of these locations were later destroyed during World War II or by modernization, making Coquiot's photographs valuable historical records of Van Gogh's original subjects.

$102 Million Verdict Over Robert Indiana Artwork May End Years-Long Legal Battle

A Manhattan federal jury awarded $102 million in damages to the Morgan Art Foundation in its lawsuit against art publisher Michael McKenzie, finding him guilty of making and selling unauthorized Robert Indiana artworks. The verdict, delivered on April 23, follows a complex legal battle that began just before Indiana's death in 2018, involving accusations of exploitation, fraud, and copyright infringement. McKenzie and caretaker Jamie Thomas were also accused of taking advantage of the elderly artist. The case has cast doubt on the authenticity of some late Indiana works and affected his market, with his auction record remaining at just over $4 million since 2011.

The $53 M. Wingate Collection Comes to Sotheby’s, Led by a $25 M. Giacometti

The collection of modern and contemporary art assembled by David and Shoshanna Wingate over seven decades will be sold at Sotheby's in New York and London on May 19 and 20. The sale, comprising over 50 works by artists like Alberto Giacometti, Mark Rothko, and Wassily Kandinsky, is estimated to fetch between $37 million and $53 million, led by Giacometti's sculpture "La Clairière (Composition avec neuf figures)" with an estimate of $18 million to $25 million.

The Women Defining Printmaking at the 2026 IFPDA Print Fair

The 2026 IFPDA Print Fair opened at New York’s Park Avenue Armory, placing a significant spotlight on the contributions of women artists to the medium. High-profile offerings include a new release by Laura Owens from Crown Point Press, Louise Bourgeois’s "Spirals" woodcut series presented by Carolina Nitsch, and large-scale sculptural works by Joan Hall and Orit Hofshi. The fair demonstrates the technical breadth of modern printmaking, ranging from traditional woodcuts to unique, hand-embellished compositions and experimental collaborations between artists and master printers.

Christie’s to sell an almost unknown Van Gogh double-sided drawing

A previously obscure double-sided drawing by Vincent van Gogh, created in the final weeks of his life, will be auctioned by Christie's in Paris. The sheet features a study of female pea pickers on one side and a landscape on the other, complete with color notations indicating Van Gogh's intention to develop them into paintings. The work has been authenticated by the Van Gogh Museum and carries an estimate of €100,000-€150,000.

Van Gogh goes to China, with a more affordable early painting

Christie's is auctioning Vincent van Gogh's early painting 'A Girl in a Wood' in Hong Kong on March 27, with an estimate of $1.3m-$2.6m. The work, recently redated to August 1883, is being offered directly in Asia, bypassing major Western previews, to target Chinese collectors.

Emmanuel Di Donna Mounts Major Salvador Dalí Show as Final Exhibition in Madison Avenue Space

Emmanuel Di Donna is presenting a major Salvador Dalí exhibition, "Dalí: The Great Years, 1929–1939," at his Madison Avenue gallery from April 16 to June 13. The show features over two dozen paintings, sculptures, and works on paper from the artist's most formative decade, assembled with loans from major institutions like the Art Institute of Chicago and the Philadelphia Museum of Art. It will be the final exhibition in Di Donna's current space before he launches a new joint venture with Pace and David Schrader.

photography auction industry

Artnet and Morgan Stanley have released a comprehensive analysis of the photography auction market spanning 2005 to 2024. The report reveals that while the volume of photography lots sold has more than doubled over two decades, the total annual sales value has remained largely stagnant, rising from $113.4 million in 2005 to $116.9 million in 2024. When adjusted for inflation, this represents a significant 36.7 percent decline in market value, with average prices for photographs dropping by over 50 percent during the same period.

institut restellinis amedeo modigliani catalogue raisonne

Marc Restellini’s Institut Restellini is set to release a definitive six-volume catalogue raisonné for Amedeo Modigliani after four decades of research. The publication, which includes 100 newly authenticated works, utilizes a rigorous methodology combining advanced scientific analysis—such as spectrometry and carbon-14 dating—with traditional stylistic evaluation and archival documentation. To mark the launch, Pace Gallery will host events in London and New York in April.

Art Market Minute February 2026

art market minute feb 23

The art market is witnessing a significant shift in the commercial viability and valuation of performance art. While the medium has been sold in various forms for years, its increasing presence at major art fairs and galleries suggests a new era where collectors are beginning to prioritize the documentation and rights to live works as legitimate assets.

roy lichtenstein gagosian 2026 gallery exhibition

Gagosian Gallery will open a new exhibition of Roy Lichtenstein's work titled "Painting with Scattered Brushstrokes" in March 2026. The show, drawing exclusively from the Lichtenstein family collection, will feature paintings, sculpture, and works on paper from the 1970s and '80s, focusing on his recurring brushstroke motif. It coincides with a major retrospective at the Whitney Museum and follows a period of intense market activity for the artist's work.

bonhams new hq opens lubaina himi wins pamm prize

Auction house Bonhams has opened a new 42,000-square-foot flagship headquarters in New York's Steinway Hall, launching a month of exhibitions and sales. The Philadelphia Museum of Art appointed Katherine Anne Paul as its new curator of Indian and Himalayan Art, while the Pérez Art Museum Miami (PAMM) awarded its Fund for Black Art Acquisition Prize to Turner Prize-winning artist Lubaina Himid, acquiring her painting "Horn Seller." Several galleries announced new artist representations, including Bortolami with Nathlie Provosty and Deborah Schamoni with Mariann Metsis, and auction house Freeman's appointed two senior executives.

louis fratino david zwirner representation

Painter Louis Fratino has joined the mega-gallery David Zwirner, adding the powerhouse to his existing representation by Berlin's Galerie Neu and New York's Sikkema Malloy Jenkins. This multi-gallery arrangement is a departure from the typical practice of artists severing ties with smaller galleries when aligning with a global giant.

painting female old master artemisia gentileschi sells 2 million

Artemisia Gentileschi's 17th-century painting 'Lucretia' sold for €1.88 million ($2 million) at Dorotheum's Old Master sale in Vienna, more than double its high estimate. The work, previously unseen in public, was acquired by an Australian collection, continuing a trend of strong auction results for the Baroque artist.

rembrandt saudi arabia

A Rembrandt drawing titled 'Young Lion Resting' (ca. 1638–43) sold for $18 million at Sotheby's New York on February 4, setting a new auction record for a work on paper by the artist. The sale price fell within the pre-sale estimate of $15–20 million and far surpassed the previous record of $3.7 million for a Rembrandt drawing.

work of the week frederic remington

Frederic Remington's 1905 painting *Coming to the Call* sold for $13.3 million at Christie's in New York, setting a new auction record for the artist. The work was part of the two-part sale "Visions of the West: The William I. Koch Collection," which became the most successful Western art auction ever, realizing $84.1 million.

art sg jd museum sothebys singapore

The Asia-Pacific art scene saw significant activity across multiple sectors. Art SG reported increased attendance and sales, while the SAM Art SG Fund acquired works for the Singapore Art Museum. JD.com announced plans for a major new museum in Shenzhen, and several appointments and award winners were named across the region. Auction houses Bonhams Hong Kong and Sotheby's Singapore posted strong sales results, with the latter setting new artist records.

the asia pivot jaiveer johal

Jaiveer Johal, an Indian art collector and logistics heir based in Chennai, discusses the current boom in the Indian art market in an interview for Artnet Pro's newsletter "The Asia Pivot." Johal, who founded the Avtar Foundation for the Arts in 2024 to promote Modern and contemporary South Asian art, notes that auction records for Indian Modern masters have reached new highs while contemporary galleries like Experimenter, Nature Morte, and Jhaveri Contemporary are expanding internationally. He observes that rising prices are pricing out many collectors, including himself, as institutions and wealthy buyers drive demand.

art market minute jan 26

The article reports on a growing trend in the art world called a 'strategic pause,' where galleries and art fairs are temporarily suspending operations to reassess their futures. Vienna's Spark Art Fair announced a hiatus, Berlin dealer Mehdi Choukri is pausing exhibitions at his 30-year-old gallery, and the Art Dealers Association of America's Art Show skipped a year to 'reimagine' its direction. Additionally, the Metropolitan Opera in New York is considering selling its iconic Marc Chagall murals, and a fresh-to-market Magritte painting is heading to Christie's London.

nicolas partys new miniature paintings are a hit will they reset his struggling auction market

Nicolas Party's exhibition "Dead Fish" at Karma gallery in Chelsea, New York, features approximately 40 postcard-sized oil-on-copper works and a mural of three dead fish, a departure from his usual large-scale pastel paintings. Only 10 of the works were for sale, priced between $165,000 and $205,000, and all sold quickly. The show includes replicas of his earlier compositions, described as a "retrospective in miniature," with many pieces drawn from his archive and not available for purchase.