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are trophy lots losing their luster

New York's marquee spring auctions in May 2025 tested the theory that strong supply drives demand, but results were mixed. Alberto Giacometti's *Grande tête mince* (1955), estimated at $70 million, failed to sell at Sotheby's, while Christie's withdrew a $30 million Andy Warhol electric-chair painting. The top lot of the week was Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922), which fetched $47.6 million from the collection of late Barnes & Noble founder Len Riggio. However, Christie's pre-sold 93% of that collection's value to third-party backers, and the house fell $26 million short of its guaranteed amount. Sotheby's avoided financial risk on the Giacometti by not guaranteeing it, still earning $34.4 million in buyer's premiums. A new record for a living woman artist was set when Marlene Dumas's *Miss January* (1997) sold for $13.6 million at Christie's, though adjusted for inflation it fell short of Jenny Saville's 2018 record.

leonardo da vinci existing paintings ranked

Artnet News has published a ranking of Leonardo da Vinci's surviving paintings, focusing on completed, stand-alone works and excluding frescos like *The Last Supper* and unfinished pieces. The article evaluates paintings such as *Annunciation* (c. 1472–76), *Madonna of the Carnation* (1478–80), and *Ginevra de' Benci* (c. 1474–78), considering factors like attribution certainty, historical context, and unique traits—for instance, *Ginevra de' Benci* is the only Leonardo painting in a public collection in the Americas.

len riggios mondrian christies auction

A 1922 painting by Piet Mondrian, *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue*, sold at Christie’s New York for $47.6 million, falling short of its $50 million-plus estimate and the artist’s auction record of $51 million set in 2022. The work was the highlight of the “Leonard & Louise Riggio: Collected Works” sale, a 39-lot trove from the late Barnes & Noble founder and Dia Art Foundation chairman, estimated at up to $326 million. The painting sold to a single phone bidder, likely the guarantor, with no room action.

by the numbers christies riggio

Christie’s New York held the spring season’s largest single-owner auction, the Leonard & Louise Riggio collection, on Monday evening. The sale achieved $271.9 million total with a 97% sell-through rate by lot, led by Piet Mondrian’s *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922) at $47.6 million. However, a detailed analysis reveals that the hammer total fell $26 million short of the guarantee, and 93% of the value was pre-sold to third-party backers, leaving Christie’s with a razor-thin margin of roughly 7.8% before marketing costs and guarantor fees.

michelangelo 550 birthday headlines

Artnet News rounds up recent headlines involving Renaissance master Michelangelo di Lodovico Buonarroti Simoni as institutions prepare to celebrate his 550th birthday in 2025. The article highlights three stories: a scene in HBO's *The White Lotus* season three finale that echoes Michelangelo's *Pietà*; the ongoing scholarly debate over whether Michelangelo himself forged the ancient sculpture *Laocoön and His Sons*; and the restoration of Michelangelo's family tomb at the Basilica of Santa Croce in Florence ahead of his birthday.

7 art history facts

Frieze Week in New York has arrived, drawing tens of thousands of visitors to The Shed for displays from over 65 international galleries. The article offers a collection of art historical trivia to help attendees impress peers, including tales of a potentially fake Picasso gifted to Robin Williams by Disney, Piet Mondrian's fondness for Disney's *Snow White and the Seven Dwarfs*, and a legend that Raphael's pupil Giulio Romano created erotic frescos in the Vatican's Sala di Constantino out of anger over delayed payment from Pope Clement VII.

sistine chapel reopen after conclave selects new pope

The Sistine Chapel, a cornerstone of the Vatican Museums, will reopen after being closed to the public since April 28 for the papal conclave that elected Robert Francis Prevost as the first American pope. The closure, which lasted just over a week, allowed 133 cardinals to gather beneath Michelangelo's frescoes, including *The Last Judgment*, to select the new pontiff. The Vatican Museums, which attracted 6.8 million visitors in 2024, have not yet announced an official reopening date but have been posting related artworks on Instagram.

vladimir kanevsky frick collection porcelain

The Frick Collection has reopened after a $220 million, five-year renovation, featuring a new installation called "Porcelain Garden" by Ukrainian-born artist Vladimir Kanevsky. The display includes over 30 handcrafted porcelain floral pieces, such as a lemon tree, lilies of the valley, and a wild artichoke, placed alongside masterpieces by Vermeer, Rembrandt, Goya, and Bellini. Kanevsky, a 74-year-old Jewish-Ukrainian émigré who moved to New York in 1989, originally trained as an architect and turned to porcelain as a side project, which unexpectedly became his career. All the flowers at the Frick have been sold, with prices ranging from $5,000 to $500,000, though his secondary market remains minimal.

rachofsky house dallas for sale

The Rachofsky House, a landmark contemporary art residence in Dallas designed by Pritzker Prize-winning architect Richard Meier, has been quietly listed for sale off-market by Compass agent Faisal Halum. The 9,000-square-foot home at 8605 Preston Road has been owned for decades by prominent collectors Howard and Cindy Rachofsky, who annually hosted the Two x Two gala there, raising over $130 million for amfAR and the Dallas Museum of Art. Howard Rachofsky confirmed the sale, citing his age (81) and ongoing estate planning.

anna weyant gagosian tefaf new york

Gagosian Gallery will present a new body of work by artist Anna Weyant at TEFAF New York, featuring intimately scaled paintings of jewelry rendered with trompe l’oeil precision. The booth, designed with lavender walls and pine-hued carpet, showcases pieces like "Pearl Earrings" (2025) and "Pearl Bracelet (Sold)" (2025), some with cheeky price tags and red dot stickers. Weyant, represented by Gagosian since 2022, has seen her market soar, with her auction record set at $1.6 million for "Falling Woman" (2020) at Sotheby’s in 2022.

why did leonardo and michelangelo have beef

Leonardo da Vinci and Michelangelo, two of history's most celebrated artists, had a well-documented rivalry rooted in competition for commissions, class differences, and artistic disagreements. Their first known encounter occurred when Leonardo served on a committee deciding the placement of Michelangelo's *David* (1501), where Leonardo reportedly mocked the sculpture by sketching it as the sea god Neptune. Their rivalry escalated when both were commissioned to paint opposing murals in Florence's Salone dei Cinquecento—Leonardo's *Battle of Anghiari* and Michelangelo's *Battle of Cascina*—neither of which was completed. The artists traded insults over the years, with Michelangelo criticizing Leonardo's view of sculpture as inferior to painting, and Leonardo deriding Michelangelo's muscular figures as resembling "a bag of walnuts."

top 6 accidents in museums

This article from Artnet News compiles a list of notable accidents in museums, where visitors, children, or even curators have inadvertently damaged valuable artworks and artifacts. Incidents include a four-year-old boy shattering a $15,000 Lego sculpture of a Zootopia character, a 12-year-old boy punching a $1.5 million Baroque painting by Paolo Porpora at Huashan 1914 Creative Park in Taipei, a Cy Twombly sculpture knocked over at the Menil Collection in Houston, and a visitor breaking a 4,000-year-old Minoan vase at the Heraklion Archaeological Museum in Crete. The article is framed as a lighthearted yet cautionary look at the fragility of museum objects and the human errors that lead to their damage.

emily fisher landau picasso sothebys

Pablo Picasso's 1932 painting *Femme à la montre*, depicting his lover Marie-Thérèse Walter, sold for $139.4 million (including fees) at Sotheby's New York during the highly anticipated Emily Fisher Landau sale. The work, estimated at $120 million, was the centerpiece of the auction, with bidding starting at $95 million and concluding after a two-minute standoff among three phone bidders, including one from Asia. Brooke Lampley, Sotheby's head of global fine art, secured the winning bid on behalf of a client. The sale was handled by Sotheby's, which won the right to auction the estate of Landau, a longtime Whitney Museum board member and private collector.

hans coper ceramic london auction

A broken flowerpot discovered in a London garden turned out to be a rare Hans Coper ceramic, commissioned by the owner's late mother after she admired his work at an exhibition. The four-foot-tall stoneware vessel, produced in early 1964 and bearing Coper's seal, was offered by Chiswick Auctions with a presale estimate of £6,000–£10,000. Despite significant damage, it sparked a bidding war lasting nearly 10 minutes, ultimately selling to a U.S. bidder for £36,500 ($48,300) hammer price, or £47,800 ($63,250) including fees.

Closely Watched Curator Raphael Fonseca Joins Lisbon’s Culturgest

Raphael Fonseca, a prominent curator specializing in Latin American art, has been appointed as the new visual arts programmer at Culturgest in Lisbon. He will relocate to Portugal in June, succeeding Bruno Marchand, while maintaining a curator-at-large position with the Denver Art Museum, where he has served since 2021.

Ten Essential Shows During Frieze New York

Frieze magazine has published a curated list of ten essential exhibitions to see in New York City during the Frieze New York art fair. The recommendations highlight major institutional shows, including a Carol Bove exhibition at the Guggenheim, a Marcel Duchamp presentation at MoMA, and a Raphael-focused exhibition at the Metropolitan Museum of Art.

The Met’s blockbuster Raphael exhibition looks beyond the artist’s idealised Madonnas

The Metropolitan Museum of Art in New York has opened "Raphael: Sublime Poetry," the first comprehensive exhibition of the Renaissance master in the United States. The ambitious show gathers 237 works, including 33 paintings and 142 drawings, spanning Raphael's entire career and featuring major loans like *The Alba Madonna* from the National Gallery of Art in Washington and *Portrait of Baldassare Castiglione* from the Louvre.

The Art of ‘The Christophers’: How the Film Created an Artist’s Fabled Oeuvre

Steven Soderbergh’s new film, The Christophers, explores the complexities of artistic legacy and authenticity through the story of Julian Sklar, a fictional washed-up artist played by Ian McKellen. The plot follows Sklar’s children as they hire an art restorer, played by Michaela Coel, to secretly finish their father’s legendary unfinished series to capitalize on his market value. To ground the film in reality, screenwriter Ed Solomon consulted with art world figures like dealer George Barker and artists Jann Haworth and Derek Boshier, while production designer Antonia Lowe and painter Barnaby Gorton created the physical artworks seen on screen.

barbara hepworth stringed sculptures piano nobile

London's Piano Nobile gallery has opened "Barbara Hepworth: Strings," the first exhibition dedicated to the British sculptor's use of string in her work. The show explores how Hepworth (1903–1975) incorporated string into sculptures, paintings, and drawings from 1939 onward, including pieces never before exhibited in the U.K. Highlights include the rediscovered "Theme on Electronics (Orpheus)," 1956, commissioned by Mullard and long thought lost, and "Pierced Hemisphere (Telstar)," 1963, making its U.K. debut. Curated by Michael Regan, the exhibition draws on Hepworth's letters and archival material to illuminate her innovative approach to tension, space, and light.

silvia heyden charles moffett

Swiss-born textile artist Silvia Heyden (1927–2015) devoted over half a century to weaving nearly 800 innovative tapestries, despite early discouragement from pursuing violin-making due to her gender. A new exhibition, “Improvisational Nature: The Weavings and Drawings of Silvia Heyden,” at Charles Moffett gallery in New York (through June 7) marks her first solo show in the city and her first U.S. exhibition of tapestries and drawings since 1972. The show, organized with her family, highlights her improvisational, music-inspired approach to the loom, which she likened to playing a violin.

3 key insights from the art business conference new york

The sixth edition of the Art Business Conference took place in Midtown Manhattan on May 22, drawing over 200 art professionals including gallery staff, auction-house specialists, and lawyers. Chaired by former Artnet executive editor Julia Halperin and founded by Louise Hamlin, the event featured keynotes and panels addressing the state of the art market, legal challenges, and the impact of tariffs. Christie’s CEO Bonnie Brennan reported a $700 million haul from recent auctions, noting a thin top end but strong activity for female Surrealists and Simone Leigh sculptures. Advisors Megan Fox Kelly and Alex Glauber described the market as 'recalibrating' rather than in crisis, with buyers showing increased selectivity.

qatar lures art basel

MCH Group, parent company of Art Basel, announced a new Doha edition of the Swiss art fair, set to launch in February 2026. Art Basel Qatar will start with 50 galleries and expand to around 200, partnering with Qatar Sports Investments and QC+, a commercial arm of Qatar Museums. The fair aims to bolster markets across the Middle East, North Africa, and South Asia.

sothebys contemporary art auction report

Sotheby's held a three-part marathon of contemporary art auctions in New York on Thursday evening, totaling $186.1 million with fees across 68 lots. The evening included white-glove sales for the collections of legendary dealer Barbara Gladstone and veteran dealer Daniella Luxembourg, with the Gladstone offering exceeding its presale estimate. Top lots included Richard Prince's "Man Crazy Nurse" (2002–03), which sold for $3.96 million, and Lucio Fontana's "Concetto spaziale, La fine di Dio" (1963), which achieved $14.5 million. The main contemporary evening sale took in $127 million, while the overall result fell short of last May's equivalent sale of $234.6 million.

by the numbers christies 21st century sale edges out estimate aided by bounty of guarantees

Christie’s 21st-century art sale on Wednesday achieved $96.5 million in total sales, a 20 percent increase over the same sale last year. The auction featured 43 lots, with four withdrawn before the sale, and a sell-through rate of 83.7 percent (92.3 percent after withdrawals). The top lot was Jean-Michel Basquiat’s *Baby Boom* (1982), which sold for $23.4 million. The sale was heavily supported by guarantees—24 lots were guaranteed, including 18 with third-party guarantees—accounting for 75 percent of the total presale low estimate. Auctioneer Yü-ge Wang faced cautious bidding, prompting playful remarks as collectors tested lower increments.

anne imhof sculpting bronze

Anne Imhof, the German artist known for her provocative multimedia performances, is presenting new bronze relief sculptures at the TEFAF art fair (May 9–13) at New York's Park Avenue Armory, the same venue where her performance "DOOM: House of Hope" recently premiered. The works, which debuted in her 2024 exhibition "Wish You Were Gay" at Kunsthaus Bregenz, mark a shift from her signature tech-infused performances to sculptural forms inspired by ancient Greek friezes and Renaissance reliefs. Priced at €250,000 each, the bronzes depict intertwined nude figures, skulls, animals, and apocalyptic imagery, reflecting themes of love, death, and the afterlife.

sothebys to sell highlights of gallerist barbara gladstones collection

Sotheby's has been selected by the trustees of Barbara Gladstone's estate to auction twelve major works from the legendary gallerist's personal collection. The single-owner sale, estimated at over $12 million, will take place on May 15 as part of the New York marquee sales. Highlights include Richard Prince's "Man Crazy Nurse" (2003, est. $4–6 million), Andy Warhol's black "Flowers" (1964, est. $1–1.5 million), and works by Mike Kelley, Rudolf Stingel, Carroll Dunham, Elizabeth Peyton, and Alighiero e Boetti. None of the artists are currently affiliated with Gladstone Gallery, though some were previously represented by her.

Christo, Jeanne-Claude | The Pont-Neuf Wrapped (1976-2020) | Art & Prints

An auction listing for Christo and Jeanne-Claude's limited edition print 'The Pont-Neuf Wrapped' (1976-2020) has closed. The work is an archival digital print on wove paper, part of an edition of 450, accompanied by the exhibition book 'Christo et Jeanne-Claude Paris!'. The listing includes details on the artists' legacy, their monumental public projects like 'The Gates' and 'Wrapped Reichstag', and notes that similar works by Christo are available for purchase from various galleries.

New York Galleries: Openings and Closings (03/03-03/08)

The New York City gallery scene is experiencing a significant surge of activity for the first week of March 2026, with dozens of new exhibitions scheduled to open across Manhattan. Major highlights include a survey of Edouard Vuillard’s early interiors at Skarstedt, Sigmar Polke at VeneKlasen, and a comprehensive Robert Mapplethorpe presentation at Gladstone. The week also features high-profile institutional and blue-chip gallery shows, including Carol Bove at the Guggenheim and new works by Daniel Arsham and Gelitin at Perrotin.

Must-see New York City museum openings and exhibitions in 2026

The article previews major New York City museum exhibitions opening in 2026, including a Carol Bove survey at the Solomon R. Guggenheim Museum (March 5–August 2), the first U.S. Marcel Duchamp retrospective since 1973 at the Museum of Modern Art, the New Museum's inaugural show in its OMA-designed expansion titled "New Humans: Memories of the Future," and a Goya exhibition at the Hispanic Society Museum & Library tied to the 250th anniversary of the United States. Each show highlights significant artistic milestones, from Bove's scrap-metal sculptures to Duchamp's readymades and Goya's war commentaries.

Comment | Why Frank Gehry was the ultimate artist’s architect

Frank Gehry (1929-2025) is remembered as the ultimate artist's architect, a figure whose career was deeply intertwined with the visual arts. The article highlights his lifelong friendships with numerous Los Angeles artists, his design of exhibitions for them, and his creation of iconic art museums like the Museo Guggenheim Bilbao (1997) and the Fondation Louis Vuitton in Paris (2014). Gehry believed his buildings offered artists a strong alternative to the white cube, and he renovated museums such as the Geffen Contemporary at MOCA and the Philadelphia Museum of Art with a remarkably light touch. His early exposure to art through a ceramics course with Glen Lukens at USC helped steer him toward architecture.