by the numbers a marathon night at sothebys moves 186 1 million worth of contemporary art

Sotheby's held a marathon night of three sales in New York, totaling $186.1 million in contemporary and ultra-contemporary art. The evening began with single-owner sales from the collections of the late dealer Barbara Gladstone and veteran dealer Daniella Luxembourg, both achieving 'white glove' results with no buy-ins. The main sale featured 42 lots, led by Jean-Michel Basquiat's *Untitled* (1981), which sold for $16.4 million. Overall, 66 of 69 lots sold, with a 94% sell-through rate, though the total fell short of the $234.6 million achieved in the equivalent sale last year.

cowley abbott spring auction 2025

Cowley Abbott's spring live auction, 'Select Masterworks of Canadian and International Art,' will take place on May 28, 2025, featuring over 90 lots. Highlights include works by Marcelle Ferron (Sans titre, 1964, est. $300,000–$400,000), Andy Warhol (Ladies and Gentlemen (Ivette and Lurdes), 1975, est. $70,000–$90,000), Emily Carr (Fir Trees, ca. 1935, est. $275,000–$375,000), Henri Le Sidaner (L’Escalier, Beauvais, ca. 1900, est. $100,000–$150,000), and Fernand Léger (Composition, 1950, est. $30,000–$50,000). The sale spans Pop art, Canadian Modernism, Post-Impressionism, and abstraction.

decorative art sold 2024

Sales in the decorative-art category—including design objects, furniture, jewelry, and watches—dropped nearly 42% year on year in 2024, netting $3.3 billion, the lowest total in a decade. The average price of a decorative artwork at auction fell 39.5% to $13,010, also the lowest since 2014. Sotheby’s and Christie’s remained nearly tied, with Sotheby’s edging ahead by $72.9 million. Europe led regional sales with $1.3 billion, followed by Asia at $1 billion and North America at $898 million.

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.

giacometti bust fails to sell at sothebys may 2025 sale

A 1955 bronze bust by Alberto Giacometti, estimated at $70 million, failed to sell at Sotheby's modern evening auction in New York on May 13, 2025. The sculpture, from the estate of real estate magnate Sheldon Solow, was offered without a guarantee and bidding reached $64 million before the lot was pulled after four minutes, likely because the reserve price was set above that amount. Auctioneer Oliver Barker presided over the sale, which Sotheby's CEO Charles Stewart described as an organic auction moment despite the lack of a sale.

art market minute may 12

New York's marquee auction season begins this week, headlined by Christie’s offering the $250 million art collection of Barnes & Noble founder Len Riggio, including Pablo Picasso’s *Femme à la coiffe d’Arlésienne sur fond vert (Lee Miller)*. Meanwhile, the U.S. State Department has released the grant application for the 61st Venice Biennale, introducing tighter deadlines and new ideological guidelines. Separately, Sotheby’s Hong Kong has postponed an auction of ancient Indian gemstones linked to the Buddha.

frank lloyd wright price tower legal saga over

An Oklahoma bankruptcy court ruled on April 28 that Frank Lloyd Wright's Price Tower in Bartlesville, Oklahoma, will be sold for $1.4 million to McFarlin Building LLC. The sale concludes a two-year legal saga involving previous owner Cynthia Blanchard, who acquired the building for $10 in 2023 but failed to follow through on promised renovations, leading to a bankruptcy auction with no additional bids beyond McFarlin's baseline offer. The new owner, Macy Snyder-Amatucci, plans to revive the building as a hotel and residences.

lalanne auction london

A rare complete set of Claude Lalanne's green-painted 'Ginkgo' dining suite will be auctioned at Christie's London on June 5, 2025, as part of a single-owner sale from the collection of Baron Diego von Buch. The 12-piece set, sold as four individual lots, is expected to fetch over £1 million ($1.4 million) total, with individual estimates ranging from £100,000 to £300,000 per lot. The sale includes 100 lots from von Buch's homes across Europe, featuring works by François-Xavier Lalanne, Fernand Léger, Fernando Botero, and Lee Ufan.

wayne thiebaud pie bonhams

Wayne Thiebaud's 1961 painting *Pie a la Mode* will headline Bonhams' 20th and 21st century sale in New York on May 14, with an estimate of $1.2 million to $1.8 million. The work, which depicts a lone slice of pie with melting ice cream against a stark black background, is making its auction debut after six decades in a private collection. The 25-lot sale also includes works by Willem de Kooning, Alexander Calder, Fernando Botero, Joel Shapiro, and Ernie Barnes.

gustav klimt portrait failed auction sale fraulein lieser

The sale of Gustav Klimt's *Portrait of Fräulein Lieser* (1917), which fetched €35 million ($37.51 million) at im Kinsky in Vienna in 2024, has collapsed after the anonymous Hong Kong buyer withdrew. The buyer had attempted to negotiate indemnification settlements with all known heirs of Adolf and Henriette Lieser for 60% of the sale proceeds, but one heir refused to sign, causing the deal to fall through. The auction house now faces estimated losses of at least €1.5 million ($1.7 million).

Exhibitions set to open in Paris in May 2026: what's new to discover this month

A roundup of new art and cultural exhibitions opening in Paris and the Île-de-France region in May 2026 is announced. Highlights include the annual Rambolitrain toy train fair at Rambolitrain museum on May 1, free evening hours at the Bourse de Commerce on May 2, free entry to castles and museums in Yvelines and Seine-et-Marne on May 3, the Tour Auto classic car display under the Grand Palais glass roof on May 3-4, the Circle of Parisian Artists' 24th annual exhibition at Parc Floral from May 4-31, a new garden art exhibition "Jardin des Lumières" at the Grand Trianon in Versailles from May 5 to September 27, and a major Hilma af Klint exhibition at the Grand Palais.

Newport Art Museum launches the Gertrude Vanderbilt Whitney Society

The Newport Art Museum has launched the Gertrude Vanderbilt Whitney Society, a new fund to support ambitious exhibition programming. The initiative was previewed at the Members' Show Exhibition and will be announced at the Julie Keyes Gallery Pop Up at Palm Beach Modern Auctions on February 13. The fund will support major projects including 'Sheila Isham: Between Worlds' opening July 10 and a 2028 exhibition on Edward Mitchell Bannister developed with multiple partners. The society is named after Gertrude Vanderbilt Whitney, a charter member of the Newport Art Association and influential arts patron.

Prague Redefines Contemporary Art. Prague Art Week 2025 Recap.

Prague Art Week 2025 (PAW25) took place from September 25 to 28 across multiple venues in Prague, including the Mánes Exhibition Hall, galleries in Prague 1 and Prague 7, and the Trade Fair Palace of the National Gallery. The program featured exhibitions such as HAC#2 celebrating the 10th anniversary of the Havrlant Art Collection, group shows like Interlude at C12 gallery and IT at HYB4, solo exhibitions by Lenka Glisnikova and Stanislav Zábrodský, the Jindřich Chalupecký Award exhibition, and the duo show With Feathers and Flesh. Activities included guided tours, artist talks, and open studios, with works by Czech and international artists exploring themes of digital transformation, corporeality, identity, environmental crisis, and spirituality.

Is an auction house's loss a gallery's gain? Pilar Ordovas collaborates with former Sotheby's specialists for African and Oceanic art show

Pilar Ordovas opens an exhibition at her Mayfair gallery titled *Dialogues: European, American, African and Oceanic Art from the 20th and 21st Centuries*, running from 9 October to 12 December. The show is a collaboration with Jean Fritts, former international chairman of African & Oceanic Art at Sotheby’s, and Pierre Mollfulleda, formerly head of Sotheby’s African & Oceanic Art department in Paris. It pairs Modern and contemporary Western works with African and Oceanic objects that inspired them, including pieces from the landmark 1984 MoMA exhibition "Primitivism" in 20th Century Art.

LOOK25 Gala supports Contemporary Calgary and Butterfly Ball raises funds for Boost Child & Youth Advocacy Centre

The LOOK25 Gala in Calgary, held on May 31 and presented by MAWER, raised over $1.2 million for Contemporary Calgary. Themed “Noir Nouveau” after textile artist Simone Elizabeth Saunders, the event featured a VIP dinner by Holt Renfrew, performances by Justine Tyrell and Timothonius, and a live auction led by Heather Edwards that included works by Saunders, June Clark, Evan Penny, and a circa-1960 Jean-Paul Riopelle. An after party sponsored by Masters Gallery drew 600 guests. Separately, the Butterfly Ball in Toronto, now in its 26th year, raised $1.27 million for Boost Child & Youth Advocacy Centre, with co-chairs Claire MacNamara and Trish Del Sorbo, and an auction handled by Christie’s consultant Brett Sherlock.

Pollock and Brancusi Join the $100 Million Club at Auction

A drip painting by Jackson Pollock sold for $181.2 million with fees, and a bronze head by Constantin Brancusi from the S.I. Newhouse collection fetched $107.6 million at Christie’s, both joining the $100 million club at auction.

Paris Man Wins $1.2 Million Picasso Painting in Charity Raffle

A Parisian software salesman, Christophe Dothen, won a 1921 oil painting by Pablo Picasso titled 'Nature Morte' in a charity raffle. The raffle, which sold tickets for 100 euros each, raised over $5 million for the international charity Abridge, which provides clean water to villages in Africa.

Robust Sales at Sotheby’s, Phillips Suggest Art Market Upswing

The May 19 evening sales at Sotheby’s and Phillips generated a combined $419.1 million, signaling a potential recovery in the contemporary and modern art market. Sotheby’s brought in $303.9 million—60% more than the previous year—led by a record-breaking $48.4 million Matisse, while Phillips achieved $115.2 million, more than double its 2025 sales. Both auctions saw high sell-through rates, with 98% and 100% of lots sold respectively. Notable lots included a $42.6 million Picasso, a $29.4 million van Gogh drawing, and strong performances by female artists like Lee Bontecou, Joan Mitchell, and Helen Frankenthaler.

Christie’s Auction Rakes in $1.1 Billion as Pollock Sells For Triple Record Price

Christie’s generated $1.1 billion in back-to-back evening sales on May 18, driven by record-breaking prices for major artworks. The top lot was Jackson Pollock’s 1948 drip painting *Number 7A*, which sold for $181.2 million with fees, tripling the artist’s previous auction record. Other highlights included Constantin Brancusi’s *Danaïde* (ca. 1913) at $107.6 million, Mark Rothko’s *No. 15 (Two Greens and Red Stripe)* (1964) at $98.4 million, and Alice Neel’s *Mother and Child (Nancy and Olivia)* (1967) at $5.7 million. The sales featured works from the collections of S. I. Newhouse and Agnes Gund.

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.

Father Daughter Counterfeiting Duo Face Twenty Years in Prison

A father-daughter duo from New Jersey, Erwin Bankowski (50) and Karolina Bankowska (26), pleaded guilty to creating and selling over 200 counterfeit artworks falsely attributed to artists including Andy Warhol, Pablo Picasso, Fritz Scholder, and Banksy. They admitted to wire fraud conspiracy and misrepresentation of Native American-produced goods, defrauding buyers out of at least $2 million. The pair fabricated provenances and collection histories, forged gallery stamps, and attempted to auction the works for up to $160,000 each. They each face up to 20 years in prison.

Yves Saint Laurent–Owned Mirrors Shatter Record, Selling for $33.5 Million

A unique set of fifteen mirrors custom-made for fashion designer Yves Saint Laurent and his partner Pierre Bergé sold at Sotheby’s for $33.5 million, setting a new auction record for the artist Claude Lalanne. The gilt bronze, copper, and mirrored glass mirrors, created between 1974 and 1985, were originally displayed in the couple’s Paris apartment and were purchased from the collection of Jean and Terry de Gunzburg.

$120 Raffle Ticket Nets $1.2 Million Picasso

Ari Hodara, a 58-year-old software engineer from Paris, has won Pablo Picasso’s 1941 painting 'Head of a Woman' through a charity raffle. Hodara purchased a single €100 ticket for the '1 Picasso for €100' lottery after seeing an advertisement in a restaurant, eventually beating out 120,000 other participants to claim the work valued at approximately $1.2 million.

Tutto venduto e il doppio del ricavo rispetto all’anno scorso. A New York fa boom anche l’asta di Phillips

Phillips held its Modern & Contemporary Art Evening Sale in New York on May 19, 2026, achieving a complete sell-out with a total of $115.2 million. All 41 lots were sold, doubling the result from May 2025 ($52 million). Top lots included Andy Warhol's *Sixteen Jackies* ($16.2 million), Claude Monet's *La Route de Vétheuil, effet de neige* ($9.9 million), and Jackson Pollock's *Untitled* (1948) ($9.2 million). New auction records were set for Lee Bontecou, Pat Passlof, P.S. Krøyer, and Joseph Yaeger, while works by Salman Toor and Cecily Brown also sold above estimates.

Julie Hamisky's garden, the artist who fixes the ephemeral in time, is on show in a Milan auction house

Il giardino di Julie Hamisky, l’artista che fissa l’effimero nel tempo è in mostra in una casa d’aste di Milano

French artist and designer Julie Hamisky presents 'Giardino Alchemico' (Alchemical Garden) at Pandolfini Auction House in Milan during Fuorisalone 2025. The exhibition, organized in collaboration with Galerie Mitterrand of Paris, features around twenty works including monumental sculptures like 'La Géante' (a giant poppy), jewelry, and a chandelier titled 'Aqua'. Hamisky uses electroplating—a 19th-century technique she learned from her father-in-law—to preserve fresh flowers and botanical forms by coating them in metal, freezing them at the peak of their beauty before decay begins.

Looking for art, culture? See the latest Central Illinois exhibits

A roundup article highlights current and upcoming art and cultural exhibitions across Central Illinois, featuring venues such as the McLean County Museum of History, Krannert Art Museum, Prairie Aviation Museum, Peoria Riverfront Museum, Eaton Studio Gallery, Illinois Art Station, Illinois State Museum, McLean County Arts Center, Main Gallery 404, Abraham Lincoln Presidential Library and Museum, Dickson Mounds Museum, and David Davis Mansion State Historic Site. Specific shows mentioned include "Material Memory" fiber arts show at Brandt Gallery, "Goya's Ghosts" at Armstrong Gallery, "Arts Alive!" auction at Dolan Gallery, "Lincoln: Sight, Sound & Touch" at the Abraham Lincoln Presidential Library and Museum, "Ken Kashian Botanical Photography Exhibit" at IAA Credit Union, and "Kelly Pile Pyrography Pop-up Sale" at Main Gallery 404.

Mayberry Fine Art sees new location as blank canvas, celebrating with auction, exhibition

Mayberry Fine Art, a family-owned gallery in Winnipeg, is relocating after 23 years at 212 McDermot Ave. to a larger warehouse-style space at 661 Wall St. next month. The move is driven by the gallery's growth and the need for improved exhibition space, as the current building was originally an office and posed logistical challenges like parking and lost loading zones. To mark the transition, the gallery is hosting its Spring Fine Art Auction, running online until May 28, featuring 89 paintings and sculptures expected to fetch between $1.1 million and $1.5 million, with works by notable Canadian artists such as Alfred Casson, Arthur Lismer, and Norval Morrisseau.

Modern and Contemporary Middle Eastern Art: Online - Christie's

Christie's is presenting an online sale titled "Modern and Contemporary Middle Eastern Art: Online" from June 2–16, 2026, in London. The auction features 62 lots by leading modern and contemporary artists from the Gulf, the Levant, Iraq, Iran, and North Africa, including works by Samia Halaby, Saliba Douaihy, Baya, Parviz Tanavoli, Mohamed Melehi, and Abdul Halim Radwi. The sale marks 20 years since Christie's inaugural Middle Eastern art auction in the UAE in 2006.