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U.S. Museums And Major Expansions Opening Across The Country In 2026

A roundup of major U.S. museum openings and expansions scheduled for 2026 highlights several high-profile projects across the country. These include the Obama Presidential Center in Chicago, the Hip Hop Museum in New York City, and the Lucas Museum of Narrative Art in Los Angeles. Additionally, the Edward W. Kane & Martha J. Wallace Center for Black History opens in Newport, Rhode Island, in June; the San Mateo County History Museum in Redwood City, California, completes a $23.5 million expansion in the fall; and the Rock & Roll Hall of Fame in Cleveland finishes a $175 million expansion adding 50,000 square feet.

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Artnet News editor Kate Brown interviews Marc Spiegler, former global director of Art Basel (2007–2022), to analyze the state of the art market entering 2026. The article reviews a turbulent 2025: galleries closed, buying energy dried up, some fairs shrank, and the secondary market faltered, though the hype-driven speculation of previous years receded. By late 2025, signs of recovery emerged—successful fall auction weeks in New York and a stronger-than-expected Art Basel Miami Beach—and both Christie’s and Sotheby’s reported upticks in projected revenue for the year.

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Marie Antoinette, the final queen of France, is the subject of a blockbuster exhibition titled "Marie Antoinette Style" at London's V&A museum, running through March 22. The show highlights her boldly modern taste, her patronage of women artists like Élisabeth Vigée Le Brun and Anne Vallayer-Coster, and her role as the first French queen to own and redecorate her own palace, the Petit Trianon. The article details how she used her influence to secure Vigée Le Brun's admission to the Académie Royale and pressured the Louvre to exhibit Vallayer-Coster's work, while also exploring how her extravagant spending earned her the epithet "Madame Déficit" and contributed to her downfall during the French Revolution.

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The United States invaded Venezuela in a military operation that seized President Nicolás Maduro and his wife Cilia Flores, who will face federal charges in New York. The Trump administration has stated it will run the country until a favored government is installed, while Vice President Delcy Rodriguez has been sworn in as interim president. The operation has sparked global protests and mixed reactions among Venezuelans, with some celebrating Maduro's ouster and others condemning the violation of international law.

Paintings by US president Jimmy Carter go to auction

Paintings by the late US president Jimmy Carter, along with personal effects from his family, will be auctioned at Christie's in New York this month as part of a sale titled "We the People: America at 250," marking the country's semiquincentennial. The works were selected by his daughter Amy Carter and include scenes of a Georgia church, a still-life with a pomegranate, a waterfall, and a historical painting titled "The Hornet's Nest" (2003), with estimates ranging from $2,000 to $12,000. Also offered are a portrait of Carter by Don Powers, scarves with a peanut print, ties, a Stetson hat, a coffee table made by Carter, and a copy of Chairman Mao's quotations.

Denver Art Museum showcases timeless elegance and trailblazing style with Conversation Pieces: Stories from the Fashion Archives in Spring 2026

The Denver Art Museum (DAM) will present "Conversation Pieces: Stories from the Fashion Archives" in spring 2026, an exhibition drawn from its permanent fashion collection. Curated by Jill D’Alessandro, the show pairs historic and contemporary garments—such as an 1896 House of Worth ballgown with a Rick Owens piece from Spring/Summer 2020—to highlight fashion as an artistic discipline. It also features a section on the little black dress, including a 1926 Chanel shift dress, and an interactive installation by Denver-based KaraKara Blooms. The exhibition precedes a blockbuster show, "DIVA," organized with the V&A Museum in London, which will have its exclusive U.S. venue at DAM in fall 2026.

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Half of non-bank art lenders experienced loan defaults in 2024, up from 17 percent in 2022, according to the Art and Finance Report 2025 by Deloitte Private and ArtTactic. The report notes that while the wider art market has shrunk since 2022—sales fell 12 percent to $57.5 billion in 2024—the market for art-backed loans has grown to an estimated $33.9–$40 billion. Non-bank lenders are increasingly taking on riskier clients, with some charging over 15 percent interest, while private banks reported zero defaults in 2024.

Sculpture by the Sea to return to Cott in 2026 after 2025 hiatus

Sculpture by the Sea, the iconic outdoor art exhibition at Cottesloe Beach in Western Australia, will return in March 2026 after a one-year hiatus. The 18-day event, running from March 6-23, will feature over 70 sculptures by local and international artists and is expected to draw over 200,000 visitors. The 2025 edition was cancelled due to a $700,000 funding shortfall after multiple federal arts packages ended. In response, the Federal Government committed $1.5 million for the next two years, and the State Government added $570,000 through Tourism WA and Lotterywest, which also supports an Access and Inclusion Program for visitors with disabilities. An indoor exhibition of 120 smaller works will be held at Sea View Golf Club.

How much should art cost? The pitfalls and paradoxes of pricing works

The article examines the current state of the art market, which is in its third consecutive year of contraction. It traces how low interest rates fueled speculative price inflation, leading to a boom in ultra-contemporary art that has now burst, with collectors shifting toward Old Masters. Dealers like Larry Gagosian are now advocating for lowering primary market prices, while private sales stall due to sellers' 'anchoring' to peak valuations. The piece highlights the disconnect between high prices and long-term value, using examples such as auction records being manipulated (e.g., Patrick Drahi's anonymous bidding on a Francis Bacon triptych) and the reality that most artworks in even celebrated collections depreciate.

Multilevel Anselm Kiefer amphitheatre unveiled at Mona museum in Tasmania

David Walsh, the billionaire owner of the Museum of Old and New Art (Mona) in Tasmania, announced the opening of a major extension housing 'Elektra', a multilevel concrete amphitheatre by German artist Anselm Kiefer. The project, which cost over AUS$100 million, opened on December 19 with a performance featuring dancers Juliet Burnett and Cecilia Martin, bassist Nick Tsiavos, and vocalist Deborah Kayser. Kiefer, Walsh, and Walsh's wife Kirsha Kaechele attended the unveiling. Elektra is Kiefer's second permanent installation at Mona, joining his 2007 work 'Sternenfall/ Shevirath ha Kelim'.

Heists, Records, and Robots. A Subjective Summary of the Art World in 2025.

The article reviews the art world in 2025, highlighting a mixed year of declining sales values and cautious buyers, yet punctuated by record-breaking auctions and dramatic events. Fine art auction sales in the first half of 2025 totaled $4.7 billion, an 8.8% drop from 2024, with the average lot price falling to a decade-low of $24,224, indicating a shift toward lower-value works and younger collectors. Major sales included Gustav Klimt's Portrait of Elisabeth Lederer, which sold for $236 million at Sotheby's, becoming the second most expensive artwork ever auctioned, and Frida Kahlo's El sueño, which set a new auction record for a female artist at $55 million. The market was also unsettled by U.S. trade tariffs and economic uncertainty, while a daring heist and debates around AI art captured public attention.

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In this year-end roundup episode of The Art Angle, co-hosts Kate Brown and Ben Davis, joined by Artnet Pro editor and art critic Andrew Russeth, review the defining trends, themes, and stories of 2025. They cover the art market's slump and subsequent rebound in New York's fall auctions and Art Basel Miami Beach, the political impact of Trump 2.0 on arts funding and museum governance, the question of a 'post-woke' art world, the return of digital art, and the ongoing power of red chip art. The episode also highlights the multi-front crisis facing institutions due to changing public expectations, rising costs, and political shifts, alongside lighter, unusual stories from the art world.