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art market minute may 19

New York’s spring marquee auctions, traditionally a bellwether for the global art market, concluded with thin margins and soft demand despite an increased number of high-value "masterpiece" lots priced at $30 million and above. The results indicate that strong supply alone cannot overcome deeper market challenges. Separately, Yuga Labs, the company behind the Bored Ape Yacht Club, has sold its landmark CryptoPunks NFT collection to the NODE Foundation.

Heffel’s autumn sales, including auction of art from collection of Canada’s oldest company, tally $22.1m

Heffel Fine Art Auction House held its marquee autumn sales in Toronto on November 19, featuring four auctions that included works from the collection of the Hudson's Bay Company, North America's oldest company, which declared bankruptcy earlier this year. The marathon series of sales also included a single-owner auction of the late collector Lillian Mayland McKimm's holdings and two multi-owner sales of Canadian, Impressionist, modern, post-war, and contemporary art. Over 16 artists' secondary market records were broken, with total sales reaching C$31 million ($22.1 million). Notable highlights included E.J. Hughes' 'Entrance to Howe Sound' selling for C$4.8 million, more than doubling his previous record, and Winston Churchill's painting 'Marrakech' fetching C$1.5 million.

Auctions of the week: ancient paintings, Modern art and the Orient

The global art market is entering a high-intensity period between March 5 and 11, 2026, with a dense schedule of auctions spanning Italy, London, Vienna, and Geneva. Major international houses including Christie’s, Sotheby’s, Phillips, and Bonhams are hosting marquee 20th and 21st-century art sales in London, while Italian houses like Finarte, Pandolfini, and Bertolami focus on Old Master paintings, design, and private estates. Notable single-owner collections, such as the Roger and Josette Vanthournout Collection and the estate of Antonio Crivellaro, are among the week's highlights.

Terry Curtain Named ZAAP Gallery Artist of the Month - WHIZ - Fox 5 / Marquee Broadcasting

Terry Curtin has been named the Artist of the Month for May at the ZAAP Gallery in Zanesville, Ohio. His exhibition, featuring charcoal, digital, and painted works, will debut during the First Friday Artwalk, with the gallery open from 5 to 8 PM. Curtin describes his style as ranging from realistic to abstract, and notes that the digital pieces are his newest works.

Marquee reopens, renews hope in Asheville's River Arts District one year after Helene

Marquee, a gallery in Asheville's River Arts District, has reopened nearly one year after Tropical Storm Helene devastated the area. The storm caused the French Broad River to flood local businesses, leaving extensive damage and emotional toll. The gallery's return marks a significant milestone in the district's ongoing recovery and rebuilding efforts.