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450 million newhouse trove heads to christies led by 100 million pollock 2750035

Christie’s has secured a prestigious collection of 35 to 40 artworks from the estate of the late media mogul S.I. Newhouse, valued at approximately $450 million. Scheduled for the May auction season, the selection is headlined by Jackson Pollock’s drip painting 'Number 7' (1948) and Constantin Brancusi’s bronze sculpture 'Danaïde' (1913), both estimated at around $100 million. The consignment marks the fourth time Christie’s has handled material from the Newhouse estate, which has previously set records for artists like Jeff Koons.

christies newhouse consignment pollock picasso brancusi masterworks 1234776047

Christie’s New York is set to headline its May marquee sales with a prestigious consignment from the collection of the late media magnate S.I. Newhouse. The offering features approximately 40 masterworks valued at an estimated $450 million, including Jackson Pollock’s drip painting "Number 7" (1948) and Constantin Brancusi’s bronze sculpture "Danaïde" (1913). Both works carry estimates of approximately $100 million, figures that would shatter the existing auction records for both artists if realized.

sbi art auction modern legacy bloom now 2749779

SBI Art Auction is set to host a major two-day auction event in Tokyo this March, coinciding with Art Fair Tokyo. The first sale, "Modern Legacy," features a prestigious single-owner Japanese collection including masterpieces by Léonard Tsuguharu Foujita, Edvard Munch, and Egon Schiele. The second sale, "Bloom Now," focuses on contemporary and Pop art, highlighting works by Roy Lichtenstein and Takeda Teppei, with the combined events carrying a low estimate of JPY 1.25 billion ($7.9 million).

four major works by bacon freud and kossoff from lewis collection to hit auction block at sothebys london in march 1234773387

Sotheby's London will auction four major works from the Lewis Collection in its March 4 Modern and Contemporary evening sale. The highlights include a 1972 self-portrait by Francis Bacon, two portraits by Lucian Freud, and a rare swimming pool scene by Leon Kossoff, all representing the School of London movement.

jeff koons stella mccartney capsule 2026 2744142

Jeff Koons and Stella McCartney have launched a limited-edition capsule collection for Spring 2026. The collection features ready-to-wear items like hoodies, t-shirts, tote bags, and keychains, adorned with prints of Koons's artworks such as "Untitled (Girl with Dolphin and Monkey)" (2006) and sculptures from his "Made in Heaven" series, paired with McCartney's playful slogans like "Slippery When Wet" and "Doggy Style." The release also includes a reimagined pendant based on Koons's iconic "Rabbit" (1986) sculpture.

guy wildenstein resigns wildenstein gallery president 1234768335

Guy Wildenstein has resigned as president of Wildenstein & Co., the prestigious art gallery founded by his family in 1875, after 35 years in the role. He is succeeded by his son David Wildenstein, who previously served as vice president overseeing investment and real estate, while his daughter Vanessa Wildenstein becomes vice president and director of the New York location. The announcement was made to the Art Newspaper, which first reported the news. Wildenstein, 80, was convicted of tax fraud in 2024 in a high-profile French case involving the concealment of masterworks to avoid inheritance taxes, receiving a four-year prison sentence with house arrest and a €1 million fine.

report rebounding art auction market 2025 arttactic 1234767509

ArtTactic's year-end report reveals that the global art auction market rebounded to $4.55 billion in 2025, an 11.1% increase from 2024. Sotheby's saw a 17% sales jump and Christie's a nearly 7% rise. Historic single-owner sales, including estates of Leonard Lauder, Cindy and Jay Pritzker, and Pauline Karpidas, drove recovery with $884.9 million in total. Old Masters, Impressionist, and modern art surged 42.3% year-on-year, while contemporary and post-war art lagged. The trophy market (works over $10 million) grew 19.4% to $1.48 billion, led by Impressionist art up 80.4% to $1.04 billion, fueled by three Gustav Klimt canvases from the Lauder collection.

blink 182 banksy sale 2609802

A Banksy painting from his 2005 'Crude Oils' exhibition sold for £4.3 million ($5.5 million) at Sotheby’s Modern and Contemporary Evening Auction in London. The work, *Crude Oil (Vettriano)*, came from the collection of Mark Hoppus, co-founder of the pop-punk band Blink-182, who acquired it in 2011. The painting reimagines Jack Vettriano’s *The Singing Butler*, replacing the idyllic beach scene with environmental pollution, including hazmat-suited workers and a sinking container ship. The sale occurred shortly after Vettriano’s death at age 73.

sonnabend collection works museum italy arte povera pop art 1234764426

A new museum dedicated to the legendary art collection of dealer Ileana Sonnabend opened in Mantua, Italy, this past weekend. Housed in the 13th-century Palazzo della Ragione, the Sonnabend Collection Mantova displays nearly 100 artworks valued at $270 million, including masterpieces by Pop artists like Roy Lichtenstein and Andy Warhol, Arte Povera sculptors such as Michelangelo Pistoletto, and contemporary figures like Bruce Nauman. The project is a partnership between the Municipality of Mantua, the Sonnabend Collection Foundation, and Marsilio Arte, with a six-year renewable loan agreement.

christies edlis neeson collection 21st century art stats 2716423

Christie’s evening sale of 21st-century art on Wednesday achieved $123.6 million in total sales, including 19 lots from the collection of the late Stefan Edlis and his widow Gael Neeson. The top lot was Christopher Wool’s *Untitled (RIOT)* (1990), which sold for $19.8 million. The sale had a 97 percent sell-through rate, with 36 of 45 lots guaranteed, and the hammer total of $99.7 million exceeded the presale low estimate of $87.5 million. A notable moment was a seven-minute bidding war for a Diego Giacometti coffee table owned by Edlis and Neeson, which sold for $3.65 million against a $1.5–2.5 million estimate.

christies 21st century evening sale totals november 2025 1234762509

Christie's 21st-century evening sale on Wednesday, November 2025, achieved a hammer total of $99.7 million on 44 lots, within the pre-sale estimate of $87.5–$127 million. With fees, the final total reached $123.6 million. The sale opened with 18 lots from the collection of Chicago philanthropists Stefan Edlis and Gael Neeson, featuring works by Cindy Sherman, Andy Warhol, Tom Wesselmann, and Diego Giacometti. A Giacometti coffee table sparked a seven-minute bidding war, selling for $4.53 million. Three artist records were set: Firelei Báez ($1.1 million), Olga de Amaral ($3.1 million), and Joan Brown ($596,500). Only one work, by Cecily Brown, failed to sell.

november marquee auction sales midpoint analysis 1234762366

Christie's and Sotheby's November marquee auctions in New York generated a combined $1.4 billion, with Sotheby's achieving a record $706 million from a double-header sale. The highlight was Gustav Klimt's "Portrait of Elisabeth Lederer" (1914–16), sold for $236.4 million from the collection of late cosmetics heir Leonard Lauder, becoming the most expensive modern artwork ever sold at auction. Christie's Monday sale brought in $690 million, falling short of its $731.5 million high estimate but still marking a 42% increase over its equivalent sale last November.

christies marquee fall 20th century evening sale report 1234762038

Christie’s fall marquee 20th-century evening sales on Monday night generated a combined $690 million across two auctions, far exceeding the pre-sale low estimate of $534.7 million. The first sale featured 18 lots from the collection of the late Robert and Patricia Ross Weis, including works by Picasso, Matisse, Mondrian, and Rothko, while the second 62-lot sale included pieces by Calder, Hockney, Chagall, and Giacometti. Bidding wars drove 16 lots to sell at or above their high estimates, with adviser Ralph DeLuca winning several high-profile battles, including a Matisse painting for $32.3 million and a Max Ernst sculpture for $20.2 million. The sell-through rate was 97% by value and 96% by lot, with only one withdrawn lot and three unsold works.

christies hauls in 690 million at robust 20th century art sale led by 62 million rothko 2714467

Christie’s kicked off the fall auction season in New York with a two-part 20th-century art sale that brought in approximately $690 million, led by Mark Rothko’s *No. 31 Yellow Stripe (1958)*, which sold for $62.2 million. The evening featured 18 works from the collection of Robert F. and Patricia G. Ross Weis, totaling $218 million, followed by a 61-lot main sale that realized $471.7 million. Other top lots included Claude Monet’s *Nymphéas (1907)* at $45.4 million and a new auction record for Beauford Delaney’s *The Sage Black (1967)* at $1.5 million.

christies four paris art week 2025 auctions 1234759320

Christie's and Sotheby's both posted strong results during Paris Art Week 2025, with Christie's four auctions totaling $107.4 million—a 16% increase year-over-year—and Sotheby's two sales reaching €89.7 million ($104 million), a 50% rise from the previous year. The top lot at Christie's was Yves Klein's monumental painting *California (IKB 71)*, which sold for €18.4 million ($21.4 million), setting a record for the artist in France. Other artists including Max Ernst, Paul Signac, Lee Ufan, and Berthe Morisot also achieved new auction records in France during the week.

kerry james marshall jean michel basquiat sothebys 1234758126

Sotheby's has announced two major consignments for its November marquee auctions in New York: Jean-Michel Basquiat's "Crowns (Peso Neto)" (1981), estimated at $45 million, and an untitled Kerry James Marshall painting from 2008, estimated at $10–15 million. The Basquiat, painted on Christmas night 1981, debuted at Annina Nosei Gallery and Documenta 7, and was previously owned by collectors Thomas Worrell and José Mugrabi before being consigned by French actor Francis Lombrail. The Marshall, depicting a couple embracing at sunset, was purchased on the primary market and has remained in the same collection, recently appearing at the Church in Sag Harbor with lender Neda Young.

art insurance los angeles wildfires 1234755619

Ron Rivlin, owner of Revolver Gallery in Los Angeles and a prolific collector of Andy Warhol works, lost his Pacific Palisades home and 340 artworks—including 30 Warhols and pieces by Keith Haring, John Baldessari, Damien Hirst, Alex Katz, and Kenny Scharf—to the January 2025 wildfires that swept through Los Angeles County. The fires, fueled by powerful winds and dry conditions, consumed approximately 60,718 acres and 17,291 structures, killing 30 people. Numerous other artists, collectors, and arts professionals, including Beatriz Cortez, Amir Nikravan, Salomón Huerta, and curator Paul Schimmel, also reported losing homes and artworks.

sylvester stallones palm beach house has works by warhol condo botero and many other contemporary art stars 1234751983

Sylvester Stallone and Jennifer Flavin's Palm Beach home, featured in a Veranda profile, showcases their extensive contemporary art collection. The house includes works by Andy Warhol, George Condo, Damien Hirst, Bridget Riley, Fernando Botero, Rashid Johnson, Sterling Ruby, and LeRoy Neiman, among others. Stallone, who began collecting at age 16, treats the home as a constantly rotating gallery, with a long hallway kept blank for changing displays and a dining room anchored by a Hirst mosaic and Condo abstract. The collection is integrated into daily life, with art hanging in the screening room, entry, and even near the gym.

banksy piranhas london museum 1234750418

A Banksy mural featuring a fish tank full of piranhas, installed overnight on a police sentry box in London's financial district in August 2024, has been acquired by the London Museum. The work was one of nine animal-themed pieces the artist created across the capital over nine consecutive days. After being removed by the City of London Corporation, the booth was displayed at Guildhall Yard and then placed in storage; it will go on permanent view in 2026 at the London Museum's new Smithfield location, part of a $280 million relocation project.

rare m c escher works auction 2660493

A cache of M.C. Escher drawings and prints, created during his time in Italy and later, fetched a stunning total of $7.8 million at Christie’s on July 22, quadrupling its low presale estimate. The auction, titled 'The Art of Infinity,' featured 65 lots, with nearly every work on paper surpassing the previous record for an Escher work in the medium. The top lot, *Reptiles* (ca. 1943), sold for $529,200—five times its low estimate—while *Relativity* (ca. 1953) achieved $504,000, ten times its low estimate. The sale largely came from the collection of Robert Owen Lehman Jr., a documentary filmmaker and member of the Lehman banking family.

ed sheeran heni show sale pollock 2666064

Pop star Ed Sheeran is launching his debut painting collection, "Cosmic Carpark Paintings," at HENI Gallery in London's Soho district from July 11 to August 1. The series of multicolored drip and splash works was created in a disused carpark using house paint, inspired by Jackson Pollock. Sheeran, who began painting in 2019, will sell original canvases and prints for £900 ($1,200) each, with 50 percent of proceeds going to the Ed Sheeran Foundation to support youth music programs in the U.K. The exhibition was encouraged by Sheeran's friends Damien Hirst and HENI founder Joe Hage.

sean combs diddy may lose kerry james marshall painting 1234743296

Sean Combs, also known as Diddy, may lose a prized Kerry James Marshall painting, *Past Times* (1997), among other assets if found guilty of sex trafficking charges, which he has denied. The painting was purchased at Sotheby's in 2018 for $21.1 million, setting an auction record for Marshall. Reports indicate Combs had been actively collecting art since 2014 with adviser Maria Brito, but with multiple civil suits pending, speculation has grown that he might be forced to sell.

10 artworks perfect valentines day art 2070771

Artnet News has curated a list of 10 artworks available through its Gallery Network as Valentine's Day gift suggestions. The featured works include pieces by artists such as Damien Hirst, Marc Chagall, Man Ray, and Emilie Charmy, with prices available upon inquiry. The selection ranges from contemporary works like Hirst's 'Butterfly Heart' (2020) to historical pieces like Chagall's 'The Adolescents' (1975), all presented as alternatives to traditional Valentine's gifts like roses or chocolates.

by the numbers christies 20th century sale totals modest 217 million 2643857

Christie’s held a doubleheader evening sale on May 12, 2025, featuring its regular 20th-century art auction and the Riggio collection. The various-owners sale achieved $216.9 million in total sales after fees, a 52% decline from the $413 million equivalent sale the previous year. The top lot was Claude Monet’s *Peupliers au bord de l’Epte, crépuscule* (1891), which sold for $42.9 million with fees. The sale had a 94% sell-through rate, with 34 of 36 lots sold and none bought in. Notable moments included a new auction record for Dorothea Tanning at $2.3 million and a strong result for Remedios Varo’s *Revelación* (1955) at $6.22 million.

christies riggio modern art new york evening auctions 2025 1234741965

Christie’s spring marquee auctions in New York brought in a combined $489 million with fees across two evening sales: the Leonard & Louise Riggio: Collected Works sale and the 20th Century sale. The Riggio collection, featuring 39 works heavy on Surrealism, modernism, and Minimalism, achieved $272 million with buyer’s premium, led by Piet Mondrian’s Composition With Large Red Plane, Bluish Gray, Yellow, Black and Blue (1922) at $47.56 million and René Magritte’s L’empire des lumières (1949) at $34.9 million. The 20th Century sale included major canvases by Monet, Rothko, and Warhol, but the hammer total of $409 million fell below the $446 million pre-sale low estimate, indicating the auction house did not meet expectations.

justin sun responds david geffen counter response giacometti 2642004

Hong Kong crypto entrepreneur and art collector Justin Sun has filed a new 100-page legal response in his ongoing lawsuit against megacollector David Geffen over Alberto Giacometti's sculpture *Le Nez* (1949/1965). Sun claims his employee Xiong Zihan Sydney stole the $78.4 million artwork—which he bought at Sotheby's New York in 2021—and sold it to Geffen without his knowledge. Geffen counters that Sun is experiencing "seller's remorse" and that the lawsuit is a sham. Sun's latest filing alleges that Geffen paid $2 million "under the table" to dealers David and Cole Tunkl to secure the piece, and reveals that Xiong has been detained in China since February at the Dezhou Detention Center.

amid fraud case collector justin sun reportedly spent 75 m on trump backed crypto firm 1234740625

Justin Sun, the crypto billionaire known for buying and eating Maurizio Cattelan's banana sculpture, is under scrutiny after reportedly spending $75 million on World Liberty Financial (WL), a cryptocurrency firm promoted by President Donald Trump. The investment, revealed by a New York Times investigation on April 28, comes while Sun faces a U.S. Securities and Exchange Commission fraud lawsuit and a separate legal battle with collector David Geffen over an Alberto Giacometti sculpture allegedly stolen from Sun's collection.

amid market uncertainty asian art posts standout results 2635821

A review of the top 20 auction lots sold globally in the first quarter of 2025 reveals that four of the five priciest works were either by Asian artists or sold in Asia, a shift from the dominance of Western works in London and New York during the same period in 2023 and 2024. Notable sales include a record-breaking Yuan dynasty calligraphy by Rao Jie at Sotheby’s Hong Kong for $32.2 million, Tyeb Mehta’s *Trussed Bull* setting an artist record at Saffronart in Mumbai, and M. F. Husain’s *Untitled (Gram Yatra)* becoming the first Indian Modern artwork to exceed $10 million at Christie’s New York. However, the total value of the top five lots fell to $73.7 million, down nearly 14% from 2024 and 46% from 2023, amid a broader downturn in Asian art sales, particularly in China.

Ready for their close-ups: celebrity passport photos

Dave Sharkey, a former professional boxer, and his wife Ann founded a photographic studio on Oxford Street in London in 1953, offering passport photos with a 10-minute turnaround. The studio, later run by their son Philip, became a popular spot for celebrities including Muhammad Ali, Mick and Bianca Jagger, David Hockney, and Tilda Swinton. A new book titled 'Passport Photo Service,' published by Phaidon Press, compiles over 300 of these celebrity passport portraits from the 1950s to the 2010s.

Riyadh Art Extends Its Citywide Permanent Collection

Riyadh Art, a public art initiative led by the Royal Commission for Riyadh City, is expanding its Permanent Collection with 115 new installations planned through 2026 and beyond, adding to the 75 works already installed across the Saudi capital. The collection includes works by international artists such as Alexander Calder, Anish Kapoor, Jeff Koons, Giuseppe Penone, and Ugo Rondinone, alongside Saudi practitioners like Zaman Jassim and Mohammed Al Saleem, with recent additions including Calder's 'Janey Waney' and Nobuo Sekine's 'Phase of Nothingness'.