Phillips Sues Wealthy Scion for Failure to Come Through on Pollock Purchase

Phillips auction house has filed a lawsuit against film producer David Mimran, alleging he failed to pay $14.5 million for a Jackson Pollock painting after serving as a third-party guarantor. The untitled ca. 1948 white-on-black drip painting, which had appeared in a 1998 retrospective at the Museum of Modern Art, received no bids at a November auction in New York, leaving Mimran legally obligated to purchase it. Mimran missed two payment deadlines and later claimed he could not meet a third, prompting Phillips to file a complaint with the Supreme Court of New York.

Ten Highlights From New York’s Spring Marquee Auctions

New York's spring marquee auctions are set for May 2025, with Christie's, Sotheby's, and Phillips presenting strong lineups after a 25% drop in total public sales in 2024. Highlights include the $250 million Leonard and Louise Riggio collection at Christie's, featuring Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (est. $50 million), and Alberto Giacometti's *Grande tête mince* (est. over $70 million) at Sotheby's. Other top lots include Lucio Fontana's *The End of God*, Jean-Michel Basquiat's *Baby Boom*, a Rothko from the Bass mansion, Claude Monet's *Crepuscular Peupliers*, Olga de Amaral's evening sale debut, a trove of 40 Roy Lichtenstein works, and an Ed Ruscha piece. The sales test market resilience amid supply constraints and a cautious art market.

phillips records 10 rise in global sales for 2025 taking 927 m as private sales surge by 66 1234767520

Phillips reported global sales of $927 million for 2025, a 10% increase over the previous year. Auction sales accounted for $725 million, while private sales surged 66% to $202 million. The auction house attributed growth to the launch of Priority Bidding, a platform offering reduced buyer's premiums for early bids, which led to a 275% increase in early selling bids. Phillips achieved an 88% sell-through rate by lot, with seven white-glove auctions and over 110 world auction records. Notable sales included a Patek Philippe watch for $17.6 million and Francis Bacon's *Study for Head of Isabel Rawsthorne and George Dyer* (1967) for $16 million. The luxury watch division generated $290 million, its highest annual total, and the Dropshop platform attracted many first-time and younger buyers.

phillips takes 54 m from modern and contemporary sale bonhams on the move demand for female photographers rising morning links for november 20 2025 1234762537

Phillips' modern and contemporary evening sale in New York on Wednesday netted $67.3 million, with a 94% sell-through rate across 33 lots. Highlights included an untitled Joan Mitchell painting, a Francis Bacon diptych, and a juvenile triceratops skeleton, though two lots—a large gold piece and an oversized painting by Jadé Fadojumtimi—failed to sell. Separately, Bonhams announced it will move its US headquarters to 111 West 57th Street in February 2025, occupying a 42,000-square-foot space in the restored Steinway Hall, which will reopen as a public cultural venue. The article also covers declining DEI-related grants, a survey of William Nicholson, rising demand for female photographers, and the launch of Artsignal, an AI platform for art market intelligence.

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Phillips’s Frieze Week evening sale in London totaled £10.33 million ($13.88 million) across 22 lots, a 32% decline from last year’s £15.1 million on 31 lots. The sale was 82% sold by lot and 84% by value. Highlights included a new world auction record for Emma McIntyre, whose painting *Seven Types of Ambiguity* (2021) sold for £167,700, and strong results for Martha Jungwirth and Flora Yukhnovich. However, major lots by Banksy, Andy Warhol, and Jean-Michel Basquiat underperformed or failed to sell, and four lots went unsold, including works by Andreas Gursky and Sigmar Polke.

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Sotheby’s will auction Eddie Van Halen’s custom-built 1982 Kramer guitar, estimated at $2–3 million, as the centerpiece of its inaugural “Grails Week” in New York this October. The instrument, unseen for over 40 years, was played on tour, later owned by Mötley Crüe’s Mick Mars, and features Van Halen’s iconic red, black, and white striped design. The week-long sales series will also include Bob Dylan lyrics, Rolling Stones album artwork, and a Beatles cymbal.

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Phillips auction house has filed a lawsuit against David Mimran, a film producer and son of billionaire Jean Claude Mimran, alleging he failed to pay $14.5 million for a Jackson Pollock drip painting (ca. 1948) that sold at a New York auction in November 2024. Mimran had agreed to a third-party guarantee for the work, which sold for $15.3 million with fees, but according to Phillips, he sought an extension and then claimed he could not pay. The auction house is seeking nearly $15 million including interest.

Online Auctions Continue to Draw in First-Time Art Buyers as Sales Grow

Online-only sales of fine art at Christie’s, Sotheby’s, Phillips, Bonhams, and Artnet Auctions reached $423.9 million in 2025, an 8 percent increase from 2024. The number of lots sold remained steady at 29,623, but the average price per work rose 8.6 percent to $14,309. Sales were 270 percent higher than in 2019, before the pandemic accelerated the shift to digital auctions. Christie’s reported that 63 percent of new buyers in 2025 made their first purchase online.

Which Auction House Led the Pack in 2025?

Christie's led the global fine-art auction market in 2025 with $3.5 billion in sales, a 10.1% increase from 2024. Its top lot was Mark Rothko's 'No. 31 (Yellow Stripe), 1958,' which sold for $62.1 million. Sotheby's followed closely with $3.3 billion in sales, a 31% annual increase, highlighted by the record-breaking $54.7 million sale of Frida Kahlo's 'El sueño (La cama).' Phillips placed a distant third with $390.9 million in sales, a 14.2% decline.

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Phillips’s Modern and contemporary evening sale in London concluded with a total of £13 million ($17.3 million), marking a 16 percent decline compared to the previous year's equivalent auction. The sale was led by Andy Warhol’s "Mao" and Vilhelm Hammershøi’s "Interior of Woman Placing Branches in Vase on Table," both of which fetched £1.6 million including fees. Despite the overall contraction in total sales, the auction saw a significant breakout for Danish painter Anna Ancher, whose work "Young Girl Reading a Letter" sold for £154,800, tripling its high estimate and setting a new auction record for the artist.

by the numbers despite 70 million giacometti failure sothebys made money at modern evening sale 2644393

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.

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.

Near Paris, this mythical restaurant transports us into a Renoir masterpiece

Près de Paris, ce mythique restaurant nous transporte dans un chef-d’œuvre de Renoir

The historic Maison Fournaise in Chatou, a legendary riverside restaurant and inn near Paris, has been meticulously restored to its 19th-century glory. Once a central hub for the Impressionist movement, the site served as the specific setting for Pierre-Auguste Renoir’s 1881 masterpiece, "Luncheon of the Boating Party." The restoration, led by the Ludéric group and featuring a menu by Michelin-starred chef Christian Le Squer, coincides with major Renoir exhibitions at the Musée d’Orsay.

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The National Portrait Gallery in Washington, D.C., will debut an exhibition titled “Portrait of a Nation: 2025 Honorees” on December 12, featuring newly commissioned and acquired portraits of filmmaker Steven Spielberg, JP Morgan Chase CEO Jamie Dimon, scientist Temple Grandin, and poet Joy Harjo. The show follows a fundraising gala and includes works by Kate Capshaw, Jason Alden, Joel Daniel Phillips, and David Lenz, with the Spielberg portrait combining oil painting and film projection.

Rising Artist Ding Shilun’s Sweet Paintings Mask Unsettling Truths

Artist Ding Shilun's career is accelerating, marked by a major auction record for his 2021 work 'The Adoption of the Maiden' at Phillips London and a current solo exhibition, 'Spectres in Rehearsal,' at Bernheim Gallery in Zurich. His large-scale paintings blend theatrical compositions, Goya-esque and manga influences, and narrative structures from Chinese zhiguai tales to create accessible yet complex scenes.

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Peter Phillips, a founding figure of the British Pop art movement, died on June 23 at age 86. Born in Birmingham in 1939, he studied at London's Royal College of Art alongside David Hockney, Allen Jones, and R.B. Kitaj, and became known for vibrant paintings that incorporated consumer culture imagery, such as his 1961 work *For Men Only — Starring MM and BB*. His career included exhibitions at the Paris Biennale, the Gemeentemuseum in The Hague, and shows in New York alongside Andy Warhol and Roy Lichtenstein. In later years he moved to Australia, and his family is raising funds to establish the Peter Phillips Foundation.

art auction new york record breaking

Gustav Klimt's *Portrait of Elisabeth Lederer* (1914-16) sold for $236.4 million at Sotheby's on November 18, becoming the second-most expensive painting ever sold at auction and the most expensive work ever sold by the house. The sale was part of New York's marquee November auctions, which generated over $2 billion in a single week—more than 50 percent above last year's total—driven by high-profile estates including that of cosmetics heir Leonard A. Lauder. Other notable sales included Mark Rothko's *No. 31 (Yellow Stripe)* for $62.2 million at Christie's, Marc Chagall's *Le songe du Roi David* for $26.5 million, and Frida Kahlo's *El sueño (La cama)* for $55 million, setting a new record for the artist and the highest sum for a work by a female artist at auction. Phillips also sold a juvenile Triceratops skeleton named CERA for $5.4 million.

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Phillips held its modern and contemporary evening sale in New York on Wednesday, following Christie’s and Sotheby’s auctions that had already generated nearly $1.4 billion. The 33-lot sale achieved $67.3 million, a 24% increase from the equivalent sale last year, with a 94% sell-through rate. Headlining lots included an untitled Joan Mitchell painting ($14.3 million), a Francis Bacon diptych ($16 million), and a juvenile triceratops skeleton that sold for $5.3 million, exceeding its high estimate. Only two lots failed to sell, and notable results included works by Ruth Asawa, Firelei Báez, Jean-Michel Basquiat, and Max Ernst.

Marianne and Edward Gibson Art Museum opens at SFU Burnaby campus

The Marianne and Edward Gibson Art Museum, a new 12,100-square-foot facility on the Simon Fraser University Burnaby campus in British Columbia, has officially opened to the public. Designed by Siamak Hariri of Hariri Pontarini Architects, the museum features B.C.-sourced mass timber beams, floor-to-ceiling windows, and a layout that integrates with the surrounding forest. Its inaugural exhibition, "Edge Effects," includes works by artists such as Debra Sparrow, Cindy Mochizuki, Patrick Cruz, Lorna Brown, and Jin-me Yoon, and the museum also houses approximately 5,900 works from the Simon Fraser University Art Collection.

Phillips’ Mill’s “96th Juried Art Show” Opens Sept. 20

Phillips’ Mill Community Association will host its 96th Juried Art Show from September 20 to October 26 at the historic grist mill in New Hope, Pennsylvania. The exhibition features a record-breaking 700+ artworks submitted by artists from Bucks County and the River Towns region, with an opening night preview on September 19 for patrons and accepted artists. The event includes 25 awards totaling $14,500, and for the first time, the opening requires tickets. Honored Artist Shawn Campbell and Signature Image artist Jay McPhillips will greet guests, and a jury of art professionals selected the works.

Record Prices, New Buyers and Global Reach: Design’s Moment Has Arrived

Global auction sales for design, decorative arts, and furniture surged 20.4 percent to $172 million in the first half of 2025, according to ArtTactic, while other art market segments declined. Sotheby’s design sales in New York and Paris reached $75 million combined, among the highest totals ever for the category, with Christie’s and Phillips also posting strong results. Record prices were set for works by Tiffany Studios, including the Danner Memorial Window ($12.4 million) and a Frank Lloyd Wright lamp ($7.5 million), fueled by new and younger buyers and institutional acquisitions.

Mexico City’s Museo Dolores Olmedo to reopen in 2026 amid controversy

Museo Dolores Olmedo in Mexico City, home to the largest collection of works by Frida Kahlo and Diego Rivera, has announced it will reopen in 2026 after being closed since 2020 due to the Covid-19 pandemic. The announcement follows years of uncertainty, including a controversial 2021 proposal to relocate the collection to Chapultepec’s Parque Aztlán, which contradicts the founder’s wish that the art remain at the original site, La Noria Hacienda in Xochimilco. The museum is now run by Dolores Phillips, granddaughter of founder Dolores Olmedo, who has faced criticism over plans for a 40-year loan of the collection to Aztlán.

“Selma Burke African American Art Show” at Phillips’ Mill

Phillips’ Mill Community Association in New Hope, Pennsylvania, has announced a new exhibition titled “The Selma Burke Invitational African American Art Show,” running from May 31 through June 29. The show pays homage to Selma Burke, a prominent 20th-century sculptor and art educator who lived in New Hope for the last 40 years of her life. It features over 60 works by African American artists Burke mentored, taught, or inspired, including James E. Duprée and Kimberly Camp, alongside historical pieces by artists such as Faith Ringgold, Romare Bearden, and Thornton Dial. The exhibition also includes works loaned from collectors like Lawrence Hilton.

Five Big Lots to Watch as New York’s Spring Auctions Spring Into Action

New York's May auction season has begun, with Christie's, Sotheby's, and Phillips presenting major works by artists including Jean-Michel Basquiat, Robert Rauschenberg, Ed Ruscha, Cecily Brown, and Marlene Dumas. Highlights include Basquiat's 'Baby Boom' (estimate $20–$30 million) at Christie's, a Basquiat 'Untitled' (1981) at Sotheby's, and Marlene Dumas' 'Miss January' (1997), which could break the auction record for a living woman artist. Sotheby's will also feature works from the late dealer Barbara Gladstone's collection, while the San Francisco Museum of Modern Art is deaccessioning Frank Stella's 'Adelante' and other works to fund new acquisitions.

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Old Masters are making a comeback in London, driven by a new collector base and a price recalibration that could democratize the market. Recent evening auctions at Christie’s and Sotheby’s in the UK capital brought in a combined £58 million ($78 million), a significant increase from last year, outperforming many other art categories. Dealer Alessandra di Castro notes that buyers now demand security, provenance, and professionalism, with fewer speculators due to the art market's recent troubles.

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.

Artists Zadie Xa and Dominic Chambers contribute works to Art of Wishes auction raising funds for critically ill children

The Art of Wishes charity auction, founded in 2017 by Batia Ofer, is holding its fifth gala in October 2025 at the Chancery Rosewood in London. Artists Zadie Xa and Dominic Chambers have contributed works: Xa's 'Worlding (2025)' (estimate £30,000-£50,000) and Chambers' 'In Safe Keeping (2025)' (estimate £50,000-£70,000). Other consignments include pieces by Ron Arad and Deborah Azzopardi. The 22 works will be viewable at Phillips auction house in London from 9-12 October and online. The auction has raised over £13 million for Make-A-Wish UK since 2017, granting over 5,000 wishes to critically ill children.

Despite record-breaking results for four women artists, Phillips’s evening auction in New York sparks few fireworks

Phillips’s evening sale of modern and contemporary art in New York on May 13 achieved a total hammer price of $44.2 million ($52 million with fees), falling just below the low pre-sale estimate of $45.3 million. Four works were withdrawn before the sale, and five lots failed to sell. Despite the subdued overall results, the auction set new auction records for four women artists: Kiki Kogelnik, Ilana Savdie, James Turrell (Light and Space artist), and Grace Hartigan. Other strong performers included works by Yu Nishimura, Olga de Amaral, Barbara Hepworth, and Danielle McKinney. The top lot was Jean-Michel Basquiat’s *Untitled* (1984), formerly owned by David Bowie.

In Barcelona, the Joan Miró Foundation celebrates 50 years. All the planned initiatives

A Barcellona la Fondazione Joan Mirò festeggia 50 anni. Tutte le iniziative in programma

The Joan Miró Foundation in Barcelona is celebrating its 50th anniversary with an extensive program of exhibitions, concerts, performances, and public initiatives. The festivities begin on June 11 with the exhibition "Poetry Has Just Begun: 50 Years of the Miró," a retrospective tracing the foundation's history and its role in the international art system. Other highlights include "Miró and the United States" in autumn, exploring the artist's dialogue with post-war American avant-garde figures like Louise Bourgeois, Helen Frankenthaler, Jackson Pollock, and Mark Rothko, organized in collaboration with the Phillips Collection in Washington. In March 2026, the foundation will unveil a new permanent collection layout based on Miró's creative processes and open the Garden of the Cypresses, a previously inaccessible historic area on Montjuïc.

Bing Crosby’s collection brings a white-glove Christmas to Sotheby’s

Sotheby's achieved a white-glove auction of Bing Crosby's personal collection in New York, selling all 100% of lots for $6.7 million against an estimate of $3.9–$6.3 million. Highlights included musical arrangements from Crosby's 1954 film *White Christmas* ($19,050), a Tiffany & Co cigarette box gifted by John F. Kennedy ($15,240), a Sheraton-style grand piano from *High Society* ($95,250), and a Fabergé sapphire mouse ($355,600). Top prices were led by paintings by Sir Alfred James Munnings ($1.2 million) and Charles Marion Russell.