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lalanne hippopotamus bar 31 million record 2727425

A 1976 Hippopotamus Bar by François-Xavier Lalanne sold for $31.4 million at Sotheby's after a 26-minute bidding war, setting a new auction record for the French artist. The hand-wrought copper, steel, and wood piece, commissioned by art patron Anne Schlumberger, is the only copper prototype from the series and features concealed compartments for bottle storage, ice bucket, and glassware. The sale was part of the Schlumberger collection, which also included a gold-patinated bronze armchair by Claude Lalanne that fetched $1 million and a pair of bronze gates that sold for $787,400.

frank frazetta fantasy art market 2725011

Frank Frazetta's iconic painting *Conan the Berserker* (1967) is being auctioned at Heritage Auctions with an opening bid of $10 million. The work, originally created for the cover of the 1967 paperback *Conan the Conqueror*, has become one of the definitive images of the fantasy hero. This year alone, five Frazetta paintings have sold for over $1 million, including *Man Ape* (1966) which fetched $13.5 million in September. The artist's total sales volume was just $674,640 in 2018, according to the Artnet Price Database.

art basel awards 2025 2725231

Art Basel launched its inaugural Art Basel Awards ceremony at the New World Center in Miami Beach during Art Basel Miami Beach week. The awards, first introduced in New York in May, recognized 36 medalists across categories including Icon, Established, Emerging, Patron, Institution, Curator, and Media & Storytelling. Top winners included Cecilia Vicuña (Icon), Nairy Baghramian and Ibrahim Mahama (Established), Mohammad Alfaraj and Saodat Ismailova (Emerging), and Meriem Bennani (BOSS Award). The event was hosted by musician and collector Kasseem "Swizz Beatz" Dean, with performances by cellist Kelsey Lu and recorded narration by actor Emma D'Arcy. Each artist received $50,000, and established artists will debut commissions at Art Basel in Switzerland next year.

red grooms work tennessee state museum seeks help restoring 1234765337

In 1995, artist Red Grooms created the Tennessee Foxtrot Carousel, a working carousel featuring 36 figures from Tennessee history, installed at the base of Nashville's Broadway. After financial troubles forced its closure in 2003, the Tennessee State Museum acquired and dismantled it in 2004, storing it for years. Though the museum moved to a new $160 million building in 2018, the carousel remained in storage. Now, the museum has issued a request for information seeking partners to restore and operate the carousel, as reported by the New York Times.

miami beach legacy purchase no vacancy 2025 1234766050

Miami Beach announced Ximena Garrido-Lecca as the winner of its 2025 Legacy Purchase Program, acquiring her copper-rope work "Modulations – Sequence XXIX" for the municipal collection. The piece, shown with Livia Benavides Gallery, was selected by public vote and has been installed at the Miami Beach Convention Center. Separately, the sixth edition of the No Vacancy public-art program placed 12 site-specific installations in hotel lobbies across the city, running from November 13 through December 20, with $35,000 in total prizes.

most expensive lots sold at auction in 2024 2592965

Artnet News analyzed the 10 most expensive lots sold at auction in 2024, drawing on the Artnet Price Database. The top lot was René Magritte's *L'Empire de Lumières* (1954), which sold for $121.2 million at Christie's New York in November, setting a new auction record for the artist and becoming the only work to break nine figures this year. Other notable sales included Ed Ruscha's *Standard Station, Ten-Cent Western Being Torn in Half* (1964) at $68.3 million, Claude Monet's *Nymphéas* (1914–17) at $65.5 million, and Jean-Michel Basquiat's *Untitled (ELMAR)* (1982) at $46.4 million. Seven of the top 10 lots sold in New York, with Hong Kong, London, and Vienna also represented.

diana ross performance alex prager art basel miami beach 1234765441

Diana Ross performed an intimate 20-minute set at a dinner celebrating Alex Prager's immersive installation 'Mirage Factory' during Art Basel Miami Beach. The event, held in a green room evoking Griffith Park, featured Ross singing hits from her Supremes days and solo career. Prager's installation, located in the old Beach Theatre on Lincoln Road, includes a 1:12 scale miniature of Hollywood Boulevard and was created with Capital One and the Cultivist. A performance based on Prager's photograph 'Beverly Palms Hotel' (2025) also took place, with actors embodying characters from the image.

beeple pooping robot dogs at art basel miami beach 1234765375

At Art Basel Miami Beach, digital artist Beeple (Mike Winkelmann) debuted a new installation titled "Regular Animals" in the fair's Zero10 digital art section. The work features a pen of robot dogs fitted with lifelike heads of Elon Musk, Mark Zuckerberg, Pablo Picasso, Andy Warhol, Jeff Bezos, and Beeple himself. The robots wander, twitch, and periodically tip backward to eject printed images from their backsides, satirizing the algorithmic nature of digital platforms. The installation drew large crowds, with visitors like Courtney Karnez describing it as a "guilty pleasure" and a communal spectacle. By the end of the first VIP day, all editions of the robots had sold for $100,000 each.

miami water taxis basel 2721464

Miami is expanding its free water taxi service and shuttle routes for Art Week 2024, which coincides with Art Basel Miami Beach. The city will increase the number of water taxis from four to seven, operating between Maurice Gibb Memorial Park and the Venetian Marina, with service running from December 1 to December 7. Shuttles will connect the convention center to the Design District, mid-beach, and South Beach, where fairs like SCOPE, Untitled Art, SATELLITE, and Aqua Art Miami are held. The Transit mobile app will track all services in real time.

vanity fair nuzzi unreleased portrait scandal 1234763355

Vanity Fair has commissioned and will publish an abstract nude portrait of journalist Olivia Nuzzi, titled "How to Disappear," by artist Isabelle Brourman, in its Dec. 2 Hollywood Issue. The painting, which depicts Nuzzi nude with Americana symbols swirling around her, was created after the two met during Donald Trump's criminal trial and will also be exhibited at Art Basel Miami Beach as part of Jeffery Deitch's presentation "The Great American Nude."

collector sues sothebys modigliani authenticity 2719506

Collector Charles Cahn has filed a lawsuit against Sotheby’s in New York Supreme Court, alleging the auction house reneged on a buy-back agreement made in 2016 regarding a Modigliani portrait he purchased in 2003. Cahn paid $1.55 million for *Portrait de Leopold Zborowski* at a Sotheby’s Impressionist and modern sale, and later agreed to consign the work back to Sotheby’s if he sold it within 15 years, with the house guaranteeing the greater of the original price plus 2.5% annual compound interest or the future sale price, and waiving vendor fees. However, Cahn claims that in April 2016, Sotheby’s own appraisal questioned the painting’s authenticity, stating it failed certain criteria and would have no sale value in the international art market. Despite Cahn’s letters in June and September 2024, Sotheby’s has not responded, leading to the breach-of-contract claim seeking at least $2.7 million in damages.

john oliver bob ross auction public media 2715288

A 1987 Bob Ross painting, *Cabin at Sunset*, sold for $1.04 million in a benefit auction hosted by late-night comedian John Oliver, setting a new auction record for the artist. The work was painted during the second episode of the 10th season of Ross's television series *The Joy of Painting*. The online sale, which concluded November 24, included 65 eclectic lots—from presidential wax figures to a signed bucket of dolls—and raised funds for the Public Media Bridge Fund, which supports independent broadcasters amid federal cuts to public broadcasting.

manar abu dhabi 2717831

The second edition of Manar Abu Dhabi has launched under the theme “The Light Compass,” featuring 22 site-specific light-based installations across Abu Dhabi and Al Ain through January 4, 2026. Organized by the Department of Culture and Tourism – Abu Dhabi, the exhibition includes works by Emirati and international artists such as Pamela Poh, DRIFT, Shaikha Al Mazrou, Rafael Lozano-Hemmer, and KAWS, with venues spanning Jubail Island, Al Jimi and Al Qattara oases, and Mina Zayed. A parallel performance program and educational lectures accompany the installations.

julia stoschek foundation los angeles show 2716818

The Julia Stoschek Foundation, one of the world's largest collections of video art, will present its first major U.S. exhibition at the Variety Arts Theater in downtown Los Angeles. Titled "What a Wonderful World: An Audiovisual Poem" and curated by Udo Kittelmann, the show opens February 6, 2026, pairing contemporary video works by artists such as Marina Abramović, Dara Birnbaum, Cyprien Gaillard, Arthur Jafa, Jesper Just, and Lu Yang with historic films by Luis Buñuel, Walt Disney, Alice Guy-Blaché, Winsor McCay, and Georges Méliès. The exhibition spans 120 years of filmmaking and will occupy a historic 1920s Venetian-style landmark that once housed L.A.'s first women's clubhouse and a vaudeville theater.

tokushima modern art museum wolfgang beltracchi forgery 1234763206

A painting in Japan's Tokushima Modern Art Museum, originally attributed to French Cubist Jean Metzinger and purchased in 1999 for 67.2 million yen ($426,000), has been confirmed as a forgery by notorious German forger Wolfgang Beltracchi. The museum withdrew the work, titled *At the Cycle-Race Track 55*, from an upcoming exhibition after experts identified synthetic pigments from after the mid-20th century. The Osaka-based seller agreed to a refund and return, completed in October and November 2024, and the painting has been removed from the prefectural government's inventory.

family says firm funding its legal battle for stolen paintings sought control of lawsuits 1234749202

The son of late Palestinian businessman Uthman Khatib, Prince Castro Ben Leon, is suing LitFin Capital, the Prague-based litigation funder that financed his family's legal battle to recover 135 Russian avant-garde paintings allegedly stolen by Israeli Russian Mozes Frisch. The paintings, attributed to El Lissitzky, Kazimir Malevich, and Wassily Kandinsky, are valued at $323 million. A Paris court secured the works in January after they were seized from Paris-based authenticators ArtAnalysis, which had been holding them for Frisch. Castro claims LitFin is now refusing to pay legal bills unless it gains control of the lawsuits, violating their funding agreement. LitFin denies the allegations, stating it has always honored its contractual obligations.

collector sues sothebys modigliani painting authenticity 1234762782

Collector Charles C. Cahn, Jr. has filed a lawsuit against Sotheby’s in the Supreme Court of the State of New York, alleging the auction house refuses to resell a painting attributed to Amedeo Modigliani that he purchased in 2003 for $1.55 million. The work, titled *Portrait de Leopold Zborowski* (1917), was consigned under a 2016 agreement allowing Cahn to resell it within 15 years, but Cahn claims Sotheby’s raised authenticity concerns and failed to respond to his recent attempts to consign the piece. He is seeking $2.67 million in damages.

phillips evening sale 2025 stats 2716960

Phillips held its Modern and contemporary art evening sale in New York on Wednesday night, achieving $67.3 million in total sales—a 24.4 percent increase from the same auction last November. The sale featured 33 lots with a 94 percent sell-through rate, including a triceratops fossil that sold for $5.4 million through a partnership with natural history dealer Christian Link. Top lots included Francis Bacon's *Study for Head of Isabel Rawsthorne and George Dyer* (1967) at $16 million with premium, Jean-Michel Basquiat's *Exercise* (1984) at $3.8 million, and two works by Ruth Asawa. Only one artwork, a Jadé Fadojutimi, failed to sell, and there were no withdrawals.

gustav klimt blumenwiese blooming meadow lauder sale 1234762091

Gustav Klimt's 1908 landscape painting *Blumenwiese* (Blooming Meadow) sold for $86 million at Sotheby's, slightly above its $80 million-plus estimate. The work was part of the Leonard A. Lauder Collection, a major consignment also featuring pieces by Matisse, Munch, and Martin. Lauder had acquired the painting in 1985, drawn to Viennese modernism and Klimt's Attersee period. The sale marks the second-highest price ever for a Klimt landscape, trailing the $104.5 million record set by *Birch Forest* in 2022.

park avenue armory 2026 program marina abramovic 1234761974

The Park Avenue Armory in New York has announced its 2026 program, headlined by the US premiere of Marina Abramović's provocative performance piece "Balkan Erotic Epic" on December 8. The four-hour work, centered on nude fertility rituals rooted in Balkan traditions, will be joined by other multidisciplinary works including Céleste Boursier-Mougenot's sound installation "clinamen," Steve Reich's "Music for 18 Musicians" conducted by Alan Pierson, a Simon Stone production of "The Cherry Orchard" set in modern-day Seoul, and a Benjamin Millepied dance piece based on Romeo and Juliet. All performances will take place in the Armory's Drill Hall.

kaws drift rafael lozano hemmer artists participating abu dhabis public light art exhibition 1234761968

Abu Dhabi’s Department of Culture and Tourism has organized the second edition of its public light art event, titled “The Light Compass,” for the 2025-26 season. Curated by a four-person team led by artistic director Khai Hori, the event features 15 installations by international and Emirati artists, including DRIFT, KAWS, Rafael Lozano-Hemmer, Shaikha Al Mazrou, Ammar Al Attar, and Christian Brinkmann. Works are displayed across multiple sites: Jubail Island and Souq Al Mina in Abu Dhabi, and Al Qattara Oasis and Al Jimi Oasis in Al Ain, a UNESCO World Heritage Site. Highlights include DRIFT’s biometric dome and drone show, KAWS’s giant “Companion” figure holding a glowing orb, and site-specific pieces by Lozano-Hemmer and others.

french art world opposes proposal new taxes 1234761820

Two French parliamentarians, Jean-Paul Matteï and Philippe Juvin, have proposed a new tax regime on art as part of France's 2026 budget, which would make France the only major art market to impose a wealth tax on the mere possession of artworks. The French art world has strongly opposed the proposal, with 27 signatories including Art Basel, auctioneer Drouot, visual artists' rights organization ADAGP, the Association for the International Diffusion of French Art (ADIAF), and the Comité Professionel des Galeries d’Art (CPGA). Critics argue the tax is technically unenforceable, would drive collectors away, and harm the broader art ecosystem.

emerging risks art collecting insure against 1234755776

Private Client Select (PCS), an insurance partner for serious art collectors, highlights the growing complexity of protecting fine art and collectibles. The article details unusual but real claims—such as a conceptual artwork mistaken for trash, a fiber work unraveled by a cat, or a sculpture damaged by a housekeeper—alongside more common risks like climate damage, transit mishaps, and theft. PCS's Art Services team, led by Senior Vice President Muys Snijders, offers proactive risk management, coordinating conservators, appraisers, and storage solutions. Emerging threats include climate change (wildfires, floods), social media exposure, financial complexities (tariffs, collateral lending), and material degradation of contemporary works using nontraditional materials.

dubai reveals plans for first modern and contemporary art museum 1234759438

Dubai has announced plans for its first museum dedicated to modern and contemporary art, the Dubai Museum of Art (DUMA), designed by Pritzker Prize-winning Japanese architect Tadao Ando. Located along Dubai Creek, the five-story museum will feature a curved shell inspired by the sea and pearl, with a central roof opening, library, study rooms, and flexible spaces for art fairs. The project is developed by the Al-Futtaim Group with support from Dubai's ruler Sheikh Mohammed bin Rashid Al Maktoum. No opening date has been set.

sothebys records highest ever totals in france for surrealist and modern sales during art basel paris week 1234758910

Sotheby's Paris achieved record-breaking totals for surrealist and modern art auctions during Art Basel Paris week, with combined sales of €89.7 million ($104 million) across its Surrealism and Its Legacy and Modernités sales—a 50 percent increase over the same event last year. The top lot was Amedeo Modigliani's *Elvire en buste* (1918-1919), which sold for €27 million ($31.3 million), the highest auction price for a painting by the Italian artist in France and the most valuable work ever sold by Sotheby's Paris. Other highlights included Modigliani's *Raymond* (1915) at €10.6 million, René Magritte's *La Magie Noire* (1934) at €10.7 million, and a complete set of Pablo Picasso's *Séries 347* etchings, which set a French auction record for any print by the artist.

christies modern british and irish evening auction in london nets 23 m marking 20 percent increase on 2024s sale 1234758580

Christie’s Modern British and Irish Art evening sale in London on Wednesday achieved £17.3 million ($23 million), a 20 percent increase over the equivalent sale in 2024. The top lot was Barbara Hepworth’s *The Family of Man (Figure 9, The Bride)* (1970), which sold for £3.9 million ($5.2 million). The sale had a 90 percent sell-through rate by value and 81 percent by lot, with 39 percent of works exceeding their high estimates, though the total fell short of the £22.6 million high estimate. Other notable results included Hepworth’s *Vertical Wood Form* (1968) at £1.4 million, Stanley Spencer’s *The Meeting* (1933) at the same price, and Bridget Riley’s *Dendera* (1983-2002) at £1.2 million.

george soros trump open society foundations investigation 1234753658

The Trump administration has escalated its attacks on billionaire philanthropist George Soros, with the Justice Department calling for an investigation into his Open Society Foundations. The foundations, which provide substantial grants to artists and human rights organizations globally, are accused of potential racketeering, wire fraud, and material support for terrorism, based on allegations from the conservative Capital Research Center. Soros, a major Democratic donor, has previously been targeted by Trump and Vice President JD Vance, who claim the foundations fund leftist protests. The Open Society Foundations have awarded $100,000 fellowships to numerous prominent artists, including Firelei Báez, Yto Barrada, and Nicholas Galanin, and provided $1.2 billion in funding in 2024 alone.

cai guo qiang fireworks show tibet 1234753145

Chinese artist Cai Guo-Qiang staged a fireworks performance titled 'The Rising Dragon' at the base of the Himalayas in Shigatse, Tibet, sponsored by outdoor apparel brand Arc'teryx. The event, which involved colored smoke emitted at 18,000 feet elevation, sparked widespread online criticism over environmental concerns. Chinese authorities launched an investigation, and both Arc'teryx and Cai issued public apologies.

banksy loan dispute brandler metamorfosi 1234753077

John Brandler, a British street art specialist, loaned three Banksy works to Metamorfosi, a Rome-based touring exhibition company, for shows in Italy and Switzerland. After a two-year contract expired and was extended with a monthly fee, Brandler claims Metamorfosi has fallen behind on payments and has not returned the artworks, including the mural "Season's Greetings" (2018), "Heart Boy," and "Computer Robot." Another Banksy dealer, Acoris Andipa, says he is owed £45,000 for curatorial services. Metamorfosi disputes the claims, stating it has paid monthly installments and attempted to return the works, blaming storage issues for the delay.

josh baer collectors emerging artists prices first works 1234752518

Art adviser and Baer Faxt founder Josh Baer has proposed specific price limits for works by "ultra-emerging" artists—those fresh out of school, such as an MFA graduate from Yale. In his No Reserve newsletter, Baer advises collectors to pay no more than $15,000 for a large work and $5,000 for a small piece at a first solo show in a reputable gallery. The advice comes amid ongoing debate about inflated prices for young artists, following a column by Artnet News editor-in-chief Naomi Rea that questioned the market's pricing logic. LA gallerist Charlie James endorsed Baer's thresholds, though some collectors argue that pricing cannot be so neatly codified.