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.

sothebys modern art may 2025 sale report giacometti

Sotheby's modern art evening sale in New York on Tuesday night achieved $186.4 million with buyer's premium across 60 lots, with a sell-through rate of 83.3%. Top lots included Pablo Picasso's *Homme assis* ($15.1 million), Georgia O'Keeffe's *Leaves of a Plant* ($13 million), and a new auction record for Paul Signac's *Saint-Georges. Couchant (Venise)* ($8.1 million). However, the sale was overshadowed by the failure of Alberto Giacometti's *Grande tête mince*, a 1955 bronze bust estimated north of $70 million, which went unsold after bidding stalled at $64 million.

frank lloyd wright lamp sothebys auction

A rare Frank Lloyd Wright lamp, the Double-Pedestal lamp, sold at Sotheby’s Modern Evening Auction on May 13 for $7.5 million, far exceeding its $3–5 million estimate after an 11-minute bidding war. Designed in 1902 for the Susan Lawrence Dana House in Springfield, Illinois, the lamp is one of only two surviving examples; the other remains in the house’s collection. The sale set a new auction record for a Wright work, surpassing the previous high of $2.9 million for a 1902 ceiling light sold in 2023.

South Korean ceramic artist Jongjin Park wins 2026 Loewe Foundation Craft Prize.

South Korean ceramic artist Jongjin Park has won the 2026 Loewe Foundation Craft Prize for his piece "Strata of Illusion" (2025), a partially-collapsed seat-like form made from paper and coated in porcelain slip. The award comes with a €50,000 ($58,700) prize, and Park's work will be exhibited alongside other shortlisted entries at the National Gallery Singapore, opening tomorrow and running through June 14.

The tiniest event can tear a hole. Sara MacKillop by Margaret Kross

Sara MacKillop's exhibition "The Cutaway View" at Good Weather in Chicago presents sculptures made from humble analog materials like blank wall calendars, empty shopping bags, and gift wrapping. The London-based artist alters these objects with minimal interventions—such as surgically cut holes in shopping bags to accommodate vinyl records—drawing attention to the ephemera and texture of retail culture. Her series "Calendar Houses" (2021–ongoing) uses archive boxes and wall calendars to create miniature modernist dwellings that critique systems of order and self-optimization.

Unbound Narratives: Embodied Language at Atlanta Contemporary, Atlanta

The Atlanta Contemporary is presenting the group exhibition 'Unbound Narratives: Embodied Language,' curated by Karen Comer Lowe. It features works by artists February James, Bethany Collins, Gabi Madrid, and a’driane nieves across film, painting, and mixed media, focusing on how each translates personal and embodied experience into visual and linguistic forms. Key pieces include nieves's monumental painting on grief and rage, Collins's text-based interrogation of racial identity, James's debut stop-motion film exploring stillness, and Madrid's inscribed headboards addressing healing and cultural memory.

브루클린뮤지엄: 패션디자이너 아이리스 반 페르펜전 'Iris van Herpen: Sculpting the Senses'(5/16-12/6)

The Brooklyn Museum will present the North American debut of "Iris van Herpen: Sculpting the Senses" from May 16 to December 6, 2026. The exhibition features over 140 haute couture creations by Dutch fashion designer Iris van Herpen, displayed alongside contemporary art, design objects, and scientific artifacts. It explores her fusion of traditional craftsmanship with cutting-edge technology, sustainability, and themes from nature and science. The show first opened at the Musée des Arts Décoratifs in Paris in 2023 and has traveled to QAGOMA, ArtScience Museum Singapore, and Kunsthal Rotterdam. The Brooklyn presentation coincides with the museum's annual Brooklyn Artists Ball, where Van Herpen will be honored.

MONET TO MATISSE: DEFYING TRADITION to Launch at Art Gallery of South Australia

The Art Gallery of South Australia is set to launch a new exhibition titled 'MONET TO MATISSE: DEFYING TRADITION,' which will feature works by iconic modern artists such as Claude Monet and Henri Matisse. The show aims to highlight how these artists broke away from conventional artistic norms to pioneer new movements in art history.

Vancouver Art Gallery's "Future Geographies" Exhibit Explores How Art Responds to Climate Change

The Vancouver Art Gallery has opened "Future Geographies: Art in the Century of Climate Change," an exhibition curated by Eva Respini, the gallery's interim co-CEO and curator at large. Featuring over 30 artists and 35 works—including sculptures, paintings, video installations, and photographs—the show explores climate change through themes of living knowledge, consumed earth, speculative worlds, and material memory. Highlights include Brian Jungen's whale-skeleton sculpture made from plastic chairs and Clarissa Tossin's multimedia weaving of Amazon boxes. The exhibition also incorporates sustainability in its organization, using recycled cardboard for labels, overland shipping for loans, and commissioning local artists.

Art: Passion is Volcanic – Desire in Southeast Asian Art at National Gallery Singapore

National Gallery Singapore has opened a major exhibition titled 'Passion is Volcanic: Desire in Southeast Asian Art.' The show, which carries an unprecedented R18 rating and prohibits photography, presents a comprehensive exploration of eroticism, pleasure, and the body through a wide range of artworks from the region's collection and loans. It is curated by Dr. Patrick Flores, Dr. Adele Tan, and Dr. Kathleen Ditzig, who frame desire as a culturally specific yet universal force shaped by history and power.

Max Ernst | Untitled (ca. 1949) | Available for Sale

Max Ernst | Untitled (ca. 1949) | Available for Sale

A rare miniature gouache on paper by Surrealist pioneer Max Ernst, titled 'Untitled' (ca. 1949), has been made available for sale through PM Gallery in Paris. The unique work, measuring only 3.1 x 2.85 cm, is presented in a bespoke silver and 18K gold frame adorned with ruby beads, created by the artist and jeweler Marcial Berro. The piece boasts a distinguished provenance, having previously belonged to the influential Parisian gallery owner Édouard Loeb and featured in the 1970 retrospective at the Württemberg Art Association.

Palmer Museum exhibition to feature vital works of contemporary African art

The Palmer Museum of Art at Penn State is hosting the exhibition 'Insistent Presence: Contemporary African Art from the Chazen Collection,' featuring 40 works by 22 living artists from across Africa and its diaspora. The show, organized into three thematic sections exploring the presence and absence of the human body, opened on February 7 and includes sculpture, painting, ceramics, printmaking, and photography.

Rediscovered portrait by the Renaissance’s leading woman artist goes on display at the Winter Show

A rediscovered portrait by Sofonisba Anguissola, a pioneering female artist of the Italian Renaissance, has gone on public display for the first time in over a century at the Winter Show in New York. The painting, *Portrait of a Canon Regular* (1552), is Anguissola's earliest signed and dated work and was long considered lost until it was found in a private collection in North Carolina after being referenced in a 2019 monograph. It is being presented by Robert Simon Fine Art.

One Art Space Tribeca Presents “The Space Between Us”

One Art Space in Tribeca presented “The Space Between Us,” a group exhibition curated by Mitchell Rodbell featuring 13 artists including Rodbell, Miyuki Fuji, Madhu Powar Garg, Marietta Gavaris, and others. The weeklong show ran from January 12 to January 18, 2026, with many works sold during the VIP opening night. Notable attendees included co-owner MaryAnn Giella McCulloh, Dr. Robi Ludwig, Melanie Goodreaux, and Bruce Morrow.

Groundbreaking Achievement: 2025 Turner Prize Goes to Nnena Kalu, First Artist With Learning Disability to Win Prestigious Award

London-based artist Nnena Kalu (b. 1966) won the Turner Prize 2025 at a ceremony in Bradford on December 9, becoming the first artist with a learning disability to receive the prestigious award since its inception in 1984. Kalu’s practice spans sculpture, installation, and works on paper, featuring cocoon-like hanging sculptures made from unconventional materials like masking tape and VHS ribbon, as well as large-scale drawings of spiraling vortexes. She was selected from a shortlist that included Rene Matić, Mohammed Sami, and Zadie Xa, and was recognized for her presentation in the group exhibition “Conversations” at the Walker Art Gallery and her work at Manifesta 15 in Barcelona. The prize includes a £25,000 award.

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.

Get Ready to Explore the Recently Renovated Portland Art Museum All Winter Long

The Portland Art Museum (PAM) will reopen its completely renovated campus on November 20 after nine years and $111 million in construction. The centerpiece is the Mark Rothko Pavilion, a glass structure that connects the museum's two historic buildings—the Main Building (1932) and the Mark Building (1924)—replacing a confusing underground tunnel that often caused visitors to miss entire exhibitions. The renovation touches 100,000 square feet total, including a new media gallery, upgraded spaces, and a 24/7 public passageway through the pavilion. An exhibition of eight paintings by Mark Rothko, who spent his childhood in Portland, will open alongside the pavilion.

Take a Peek Inside Peter Zumthor’s New Building for LACMA -

The Los Angeles County Museum of Art (LACMA) opened its new David Geffen Galleries, designed by Swiss architect Peter Zumthor in collaboration with SOM, for a summer preview before the building's official opening in April 2026. The 110,000-square-foot exhibition space, elevated on seven pavilions and made of concrete and glass, was opened to the public for three days with performances by 120 musicians. The preview also includes outdoor sculptures, commissioned artworks by Mariana Castillo Deball and Sarah Rosalena, and new dining and retail spaces.

Lacma acquires self-portrait by long-overlooked female Old Master

The Los Angeles County Museum of Art (Lacma) has acquired 112 objects through six new acquisitions made during its 39th Collectors Committee Weekend, which raised over $2.5 million from 62 members. Highlights include a rediscovered self-portrait by Virginia Vezzi (1600-38), a long-overlooked female Old Master; works by Japanese American artists Chiura Obata, Tokio Ueyama, and Mine Okubo created during the Exclusion Era; colonial-era paintings from Mexico by Manuel de Arellano; a photographic triptych by Hiroshi Sugimoto; and the Mary Hunt Kahlenberg Collection of 101 Indonesian textiles dating to the early 15th century.

8 Art Films Worth Watching in May

8 Kunstfilme, die sich im Mai lohnen

Monopol magazine presents eight art films worth streaming in May, including a documentary featuring 40,000 slides from critic Jerry Saltz capturing the 1990s New York art scene, Shirin Neshat's film "Women Without Men" about women in 1953 Tehran, Christian Petzold's new film "Miroirs No. 3," and a documentary on the Shroud of Turin. The roundup also includes a politically charged drama directed by Yael Bartana and a Dada-metal film, offering a diverse selection of art-related cinema.

Madeline Jiménez Santil’s Geometries of Dance

Artist Madeline Jiménez Santil has opened a solo exhibition at the Arróniz gallery in Mexico City. The show features her signature graphite drawings that create swivelling, geometric grids, which she describes as visual representations of dance and movement.

At the Venice Biennale, an American Artist Plops His Sculptures on a World Stage

American artist Alma Allen is presenting his bronze and marble sculptures at the Venice Biennale, placing his work on an international stage. The sculptures, though made of heavy materials, are described as ethereal and airy in effect.

$100 Million Award Made in Suit Over Unlicensed Robert Indiana Art

A New York jury has awarded $100 million in damages to the company that managed artist Robert Indiana's copyrights, ruling that an art publisher produced and sold unlicensed works derived from Indiana's iconic images. The publisher had created derivative pieces based on Indiana's designs without authorization, infringing on the exclusive rights held by the artist's longtime partner.

How Duchamp Inspired These 4 Artists

Contemporary artists continue to grapple with the legacy of Marcel Duchamp, specifically his 1917 readymade "Fountain." This analysis highlights four modern creators who have directly referenced or reinterpreted the iconic porcelain urinal to explore themes of gender, domesticity, and institutional critique.

A Brief History of 4 Urinals

Marcel Duchamp’s seminal Dadaist work, "Fountain," famously disappeared shortly after its 1917 debut at the Society of Independent Artists exhibition. To satisfy growing institutional demand and ensure the work's legacy, Duchamp authorized and oversaw the creation of several editions and replicas in the 1950s and 60s, which now reside in major museum collections worldwide.

Duchamp Made a Urinal Into Art in 1917. We’re Still Discussing It.

Marcel Duchamp's 1917 submission of a porcelain urinal titled 'Fountain' to the Society of Independent Artists remains one of the most provocative acts in art history. By selecting a mass-produced object and designating it as art, Duchamp introduced the concept of the 'readymade,' effectively decoupling the value of an artwork from the manual skill of the artist.

art positions galleries art basel miami beach

CULTURED magazine profiles emerging galleries participating in the Positions sector of Art Basel Miami Beach 2025, highlighting their experiences and aspirations. The article features interviews with Allann Seabra and Ian Duarte of Verve gallery in São Paulo, who discuss their gallery's growth, representation of Afro-Brazilian artists at the 36th Bienal de São Paulo, and their mission to broaden global understanding of Brazilian contemporary art. Also featured is Mauricio Aguirre of N.A.S.A.L., a gallery based in Mexico City and Guayaquil, Ecuador, who describes his year as challenging, hectic, and promising.

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.

Marisol Mendez wins 2026 Saltzman-Leibovitz Photography Prize

Bolivian artist Marisol Mendez has won the 2026 Saltzman-Leibovitz Photography Prize for her work *MADRE*. The award includes a $15,000 cash prize, and Mendez's winning piece will be exhibited alongside works by other nominees at Photo London from May 13 to 17. The prize was founded in 2025 by photographers Lisa Saltzman and Annie Leibovitz. Miranda Barnes took second place, with Cole Ndelu, Lindeka Qampi, and Bettina Pittaluga also nominated.

81 artists withdraw from Venice Biennale competition