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londons old masters week sees rare works sell and mid market paintings struggle

Christie's, Sotheby's, and Bonhams held Old Masters auctions in London, with Christie's achieving a record £31.9 million ($43.7 million) sale for Canaletto's *Venice, the Return of the Bucintoro on Ascension Day* (circa 1732), more than half the sale's total of £60.8 million. The painting, once owned by Robert Walpole, set a new auction record for the artist. Sotheby's evening sale brought in £14.5 million, with J.M.W. Turner's rediscovered *The Rising Squall, Hot Wells, from St Vincent's Rock, Bristol* (1792) selling for £1.9 million, seven times its estimate. However, mid-market paintings struggled, and the Bristol Museum and Art Gallery failed to acquire the Turner despite fundraising £109,000.

Phillips’ $115.2 Million Evening Sale Was a Testament to the Power of Pre-Planning and Priority Bidding

Phillips’ Modern & Contemporary Art Evening Sale on May 19 achieved a white-glove result, totaling $115.2 million across 41 lots—a 122 percent increase from May 2025. The sale saw strong performances from works by Lee Bontecou, Salman Toor, and Cecily Brown, with Bontecou’s 1985 pastel on canvas setting a record for a two-dimensional work by the artist at $4.2 million. Other top lots included Andy Warhol’s *Sixteen Jackies* (1964) at $16.2 million, a Monet landscape at $9.3 million, and a Joan Mitchell at $6.9 million. Notably, less than half of the lots were guaranteed, with Phillips’ Priority Bidding incentive—offering a 4 percent discount on buyer’s premium—contributing to the strong results, as more than half of the lots attracted such bids.

Frieze New York 2026 Reports Major Sales and Acquisitions

Frieze New York 2026 closed its 15th edition at The Shed on May 17, drawing 25,000 visitors from 75 countries and featuring 68 galleries from 26 countries. The fair reported strong sales across market levels, including seven-figure transactions such as El Anatsui's *LuwVor I* sold by White Cube for $2.2 million and Georg Baselitz's *Stunde der Nachtigall* sold by Thaddaeus Ropac for €1.4 million. The inaugural Sherman Family Foundation Acquisition Fund enabled acquisitions by the Brooklyn Museum and the Baltimore Museum of Art, with works by Bettina, Reika Takebayashi, Seba Calfuqueo, and Joanne Burke. Several galleries, including Johyun Gallery and James Cohan, reported sold-out or near-sell-out booths.

New York Art Week 2026 Frieze And TEFAF Report

New York Art Week 2026 featured major art fairs including Frieze New York at The Shed, which drew 25,000 visitors from 75 countries and launched the Sherman Family Foundation Acquisition Fund, placing works by four artists into the Brooklyn Museum and Baltimore Museum of Art. TEFAF New York at the Park Avenue Armory presented over 90 international galleries across historic period rooms, while satellite fairs Independent, NADA New York, and 1-54 Contemporary African Art Fair offered focused alternatives. Auction houses Sotheby's, Christie's, and Phillips opened free spring sale previews featuring highlights such as Roy Lichtenstein's 'Anxious Girl' and the Lewis Collection.

New York Is About to Sell $3 Billion in Art. Who’s Buying?

Vanity Fair's Nate Freeman reports on New York's spring art season, where auction houses are poised to sell at least $2.6 billion in art alongside major museum exhibitions (Raphael at the Met, Duchamp at MoMA, Matisse at Acquavella) and the opening of Frieze New York at The Shed. The article follows the social and commercial frenzy, highlighting a David Shrigley gong installation at Anton Kern Gallery's booth and the enduring dominance of New York, where nearly 90% of U.S. art sales occur.

It’s the Most Controversial Venice Biennale in Years. Can the Art Stand Up to the Noise?

The 2026 Venice Biennale is embroiled in controversy, with the US Pavilion at the center of a political storm. The Trump administration's State Department overhauled the selection process, bypassing the usual NEA panel and commissioning a nonprofit, the American Arts Conservancy, to organize the pavilion. Artist Alma Allen, who accepted the invitation despite threats from galleries and curators, presents a show that critics find politically muted. The Biennale's jury resigned days before the opening, and annual prizes were canceled, adding to the turmoil.

The Only Guide to This Year’s Venice Biennale You Will Ever Need

The 61st Venice Biennale opens amid significant turmoil. The entire jury of the International Art Exhibition resigned after a statement about withholding prizes from countries with leaders charged with crimes against humanity by the ICC, leading to the cancellation of the Golden Lion awards in favor of 'Visitors' Lions' to be given at the exhibition's end. The event has been further marred by the sudden death of artistic director Koyo Kouoh from liver cancer in early 2025, and the death of artist Henrike Naumann, who was set to debut work in the German pavilion. Additionally, the selection process for the American pavilion artist, Mexico-based sculptor Alma Allen, sparked controversy after a delayed grant application process.

Art Events May You Cannot Miss in London

An Artlyst guide highlights several major art exhibitions opening in London in May 2026. Key shows include 'Zurbarán' at the National Gallery (the UK's first major monographic exhibition of the Spanish master in over 30 years), 'Rising Voices: Contemporary Art from Asia, Australia and the Pacific' at the V&A (a collaboration with QAGOMA featuring 40 artists), a James McNeill Whistler retrospective at Tate Britain (the first major European show in 30 years), and 'Winston Churchill: The Painter' at the Wallace Collection. Photo London is also moving to Olympia this year.

8 Must-See Solo Gallery Shows in March

This month’s gallery circuit features a series of high-profile solo exhibitions across the United States, headlined by a museum-quality survey of Jasper Johns at Gagosian. The selection highlights diverse artistic approaches, from Johns’s seminal 1970s crosshatch paintings to Yuko Mohri’s kinetic installations at Tanya Bonakdar and Gabriel de la Mora’s material-focused conceptual works at Perrotin. Other notable shows include Christina Quarles’s new paintings at Hauser & Wirth, which explore themes of loss and resilience.

Must-see Chicago museum openings, exhibitions and events in 2026

Chicago's cultural institutions are preparing a diverse slate of exhibitions and openings for 2026. Highlights include the Art Institute of Chicago presenting Henri Matisse's complete 'Jazz' book of cutouts for the first time, a survey of Dominican artist Firelei Báez at the Museum of Contemporary Art Chicago, the National Museum of Mexican Art exploring the history of Mexican railroad workers, and a costume design exhibition featuring Paul Tazewell's work at the Griffin Museum of Science and Industry. The year also features the grand opening of the Obama Presidential Center and a Barbara Nessim survey at the DePaul Art Museum.

‘The challenge will be to sustain it’: was the autumn art market boom more than just a blip?

The autumn art market saw a significant upturn, with strong sales at Frieze London, Art Basel Paris, and New York auctions, including a $236.4 million Klimt and a $2.2 billion auction week in New York—up 77% year-on-year. Emerging London galleries like Ginny on Frederick, Rose Easton, and A. Squire have reinvigorated Frieze London, while Paris benefits from luxury-house funding, with the Fondation Cartier and Fondation Louis Vuitton hosting major shows. However, concerns persist about sustainability, as geopolitical volatility and post-Brexit challenges continue to affect the market.

‘Christmas came early’: Art Basel Miami Beach opens with avalanche of blue-chip sales

Art Basel Miami Beach opened its 23rd edition with a surge of blue-chip sales, signaling renewed market confidence. Major galleries reported strong early results: David Zwirner sold a Gerhard Richter painting for $5.5m and an Alice Neel for $3.3m; Hauser & Wirth saw sales 40% higher than last year, including a George Condo for nearly $4m and a Louise Bourgeois for $3.2m. Other notable sales included works by Alex Katz, Pablo Picasso, Sam Gilliam, and Robert Rauschenberg, with 283 galleries participating at the Miami Beach Convention Center.

The Opening Gambit: Generative Alterities and the Paradigm of the Salon

The Opening Gallery has opened a new space at 41 Division Street in New York with the exhibition "Generative Alterities," curated by director Sozita Goudouna. The show features artists from the Global South and Global North, including Lloyd Foster, Nan Goldin, Max Blagg, Annu Yadav, Victoria Bartlett, Jamie Martinez, and others, with works ranging from suspended sculptural portraits to mixed-media installations and photography. The gallery aims to create a contemporary salon atmosphere that encourages active dialogue rather than passive viewing.

Sotheby’s Shatters Records at Its Breuer Debut as a $236.4M Klimt Leads the $706M Evening Sale

Sotheby's held its debut evening sale at the Breuer building in New York on November 18, achieving a record-breaking $706 million total. The highlight was the white-glove auction of Leonard A. Lauder's collection of 20th-century masterpieces, which alone brought $527.5 million. Gustav Klimt's portrait *Bildnis Elisabeth Lederer* (1914-16) sold for $236.4 million, setting a new record for the artist and for Sotheby's Modern category. The evening also included a strong Contemporary sale led by Maurizio Cattelan's golden toilet at $12.1 million, with active bidding from Asian collectors.

Wes Anderson is Gagosian's Latest Collaborator

Gagosian is collaborating with filmmaker Wes Anderson and curator Jasper Sharp to present an exhibition of Joseph Cornell's work in Paris. Titled *The House on Utopia Parkway*, the show will feature a recreation of Cornell's New York studio designed by Anderson, housing over 300 objects and curiosities from the artist's collection, including iconic works like "Pharmacy" (1943) and "Untitled (Pinturicchio Boy)" (1950). The exhibition runs from December 16 through March 14 at Gagosian's rue de Castiglione space, marking Cornell's first solo presentation in over four decades.

Must-see Van Gogh exhibitions in 2026

Several major Van Gogh exhibitions are scheduled for 2026 across Japan and the Netherlands. In Nagoya, the Aichi Prefectural Museum of Art hosts "Van Gogh's Home: The Van Gogh Museum" (January–March), featuring 24 paintings and five drawings from the Amsterdam museum. Amsterdam's Van Gogh Museum presents "Yellow: More than Van Gogh's Favourite Colour" (February–May), exploring the color yellow through Van Gogh's Sunflowers and works by other artists. A touring exhibition from the Kröller-Müller Museum, "The Grand Van Gogh Exhibition," travels from Kobe to Fukushima and Tokyo with 37 paintings and 20 drawings. The Kröller-Müller Museum itself plans "All Van Goghs" (September 2026–January 2027), reuniting its entire collection for the first time since 1984. Den Bosch's Noordbrabants Museum examines Van Gogh's influence on Jan Sluijters in "Jan and Vincent: About Light" (October 2026–February 2027). Several ongoing exhibitions continue into early 2026, including "Van Gogh and the Roulins" and "Captivated by Vincent" at the Van Gogh Museum, and "Van Gogh and the Potato" in Den Bosch.

‘I’m not trying to impress anyone with what I buy’: how Catherine Walsh went from cosmetics queen to art collector

Catherine Walsh, a former cosmetics executive at Estée Lauder and Revlon who pioneered celebrity fragrances at Coty, recounts her journey from buying her first Harry Callahan photograph at age 22 to building a minimalist art collection. She commissioned architect John Pawson to design a house in Telluride, Colorado, after a lecture, and has since acquired works by Gerhard Richter, Donald Judd, Jenny Holzer, Josef Albers, and a 17th-century Dutch portrait, among others. Walsh now lives in a London apartment near the Victoria & Albert Museum, where she displays her carefully curated collection with minimal furniture.

What does winning an arts prize really mean?

The article examines the history and impact of major art prizes, including the Turner Prize (established 1984), the John Moores Painting Prize (nearly 70 years old), and the Loewe Foundation Craft Prize (annual award). It traces the origins of art prizes back to 19th-century Paris salons and highlights how these awards provide cash, recognition, and career acceleration for artists. Specific examples include Rose Wylie, who won the John Moores Prize at age 80 and later joined David Zwirner and secured a Royal Academy solo show, and Samuel Ross, who used his Hublot Design Prize winnings to start his own company.

In the Studio With 33 of the Hottest Art Stars on the Planet

Vanity Fair profiles 33 emerging art stars who have broken into the upper echelon of the art world within the last five years, despite a contracting art market. The feature, written by Nate Freeman and photographed by Jeff Henrikson, highlights artists like Jadé Fadojutimi, Anna Weyant, and Chase Hall, whose work commands high prices and long waiting lists from top collectors. The selection was based on research including gallerist interviews, museum acquisitions, auction results, and dealer insights.

‘There is always something else to discover’: Glenn Brown on the art he collects and why

Artist Glenn Brown discusses his personal art collection in an interview with The Art Newspaper, revealing his first purchase was a 1964 David Hockney drawing of Renée McDougal and his most recent acquisition was a group of Ann Churchill's Daily Drawings from 1974. Brown, who opened The Brown Collection in Marylebone three years ago, is extending its hours during Frieze Week for the exhibition 'Hoi Polloi,' which examines depictions of ordinary people from the 16th century onward. He also has an installation at Gagosian's Frieze Masters booth and a concurrent show at the Freud Museum.

Art Basel’s Soft Opening Belies Strong, Swift Sales Across Tiers

Art Basel's 2025 edition opened with a soft atmosphere that belied strong and swift sales across all price tiers. Major galleries reported significant transactions: David Zwirner sold 68 works including a $9.5 million Ruth Asawa sculpture and a $6.8 million Gerhard Richter painting; Gladstone placed a $3.5 million Keith Haring piece; and Thaddaeus Ropac sold a €1.8 million Georg Baselitz and a $1.8 million James Rosenquist painting to a European institution. White Cube, Hauser & Wirth, and Tina Kim Gallery also reported robust sales, with works by artists such as Dana Schutz, Marlene Dumas, Yayoi Kusama, and Ha Chong-Hyun moving quickly. However, mid-tier galleries like Marianne Boesky Gallery noted more cautious, eye-driven buying rather than the frenzied chasing of past years.

The 10 Best Booths at Art Basel 2025

Art Basel 2025 opened on June 17 with its VIP preview at Messeplatz in Basel, Switzerland, under intense heat. The 55th edition of the fair features 289 galleries from 42 countries, including 19 newcomers, and introduces a new Premiere section for mid-sized galleries showing recent works. Despite a challenging art market, the VIP day saw packed booths, international crowds, and strong sales of six- and seven-figure works, with dealers expressing optimism. The fair also includes returning sections like Statements and Feature, plus Art Basel Unlimited for monumental works, alongside concurrent events such as Liste Art Fair and museum shows by Jordan Wolfson and Steve McQueen.

Art Basel 2025

Art Basel 2025 opened with strong preview-day sales, surprising many galleries after a tough year in the art market. Dealers reported a 'buyer's market' with price reductions and flexibility, while high-priced works by Jeff Koons, Michael Armitage, Adrian Ghenie, and Frank Bowling sold. The fair introduced a new section called Premiere for works made in the past five years, aimed at easing participation for small to mid-sized galleries. Satellite fairs including Africa Basel, Liste, Volta, and Maze Design Basel also launched or celebrated anniversaries. Other highlights include the Baloise Art Prize awarded to Rhea Dillon and Joyce Joumaa, a Holbein drawings rehang at Kunstmuseum Basel, and a visa denial for artist Richard Mudariki. Qatar took center stage ahead of a new fair in 2026, and limited-edition Labubu figurines caused a frenzy at the Art Basel Shop.

Exhibitions Coming to North Texas Museums this Summer

Museums across the Dallas-Fort Worth area have announced their summer exhibitions, including a range of shows from Western art that influenced Hollywood to immersive installations and historical surveys. The Sid Richardson Museum in Fort Worth debuted "The Cinematic West: The Art That Made the Movies," which explores how artists like Frederic Remington and Charles Russell shaped early silent Western films through paintings, sculptures, and ephemera. The Dallas Museum of Art reopened its popular Yayoi Kusama infinity room, "All the Eternal Love I Have for the Pumpkins," while the Nasher Sculpture Center opened "Generations: 150 Years of Sculpture," featuring 50 works from its permanent collection. The Amon Carter Museum of American Art is opening "East of the Pacific: Making Histories of Asian American Art" alongside a Richard Avedon exhibition.

At Sotheby’s, a $70M Giacometti Fails to Sell While Works By Munch and Cézanne Ignite Buyer Excitement

Sotheby’s Modern Evening Auction on May 13, 2025, achieved $186.4 million in sales but was overshadowed by the failure of its headline lot: Alberto Giacometti’s hand-painted bronze bust *Grande tête mince (Grande tête de Diego)*, estimated at $70 million. The work, consigned by the Soloviev Foundation, went unsold after minimal bidding, lacking a guarantee or irrevocable bid. Other highlights included a strong performance by Edvard Munch and Paul Cézanne works, with 40% of lots exceeding high estimates. Notable sales included Georgia O’Keeffe’s *Leaves of a Plant* ($12.97 million) and Alexander Calder’s *Four Big Dots* ($8.285 million), both fresh to market.

Frieze and NADA New York’s Early Sales Signal Buyer Confidence

Frieze New York opened its VIP preview on May 7, with early sales indicating cautious but steady buyer confidence amid economic uncertainty and the recent acquisition of the fair by Endeavor's former CEO Ari Emanuel. American buyers dominated, while Asian and European collectors were largely absent. Mega-galleries like Gagosian and Pace reported significant sales, including Jeff Koons's Hulk Elvis sculptures and works by Adam Pendleton and Lynda Benglis, though the atmosphere was more subdued and negotiation-friendly than in previous years.

Frieze New York shows signs of stability in challenging US art market

Frieze New York (7-11 May) opens its 13th edition at The Shed with around 65 galleries, including mega-galleries Gagosian, David Zwirner, Hauser & Wirth, Pace, and White Cube. The fair arrives amid a turbulent art market: global art sales declined 12% in 2024 per Clare McAndrew's Art Market Report, and President Trump's tariff decisions have roiled the stock market. Frieze's owner Endeavor recently sold the fair to a new company founded by former CEO Ari Emanuel. Despite this, US fair director Christine Messineo expresses optimism, citing strong sales at Frieze Los Angeles in February. The Focus section features 12 emerging galleries, seven of which are first-time participants, including King's Leap, Management, Voloshyn Gallery (Kyiv), and Public Gallery (London).

The Ultimate Guide to New York Art Week 2025

New York Art Week 2025 is underway as the international art world converges on the city for a series of major spring fairs. Galerie has surveyed six key fairs—Frieze New York, Independent, TEFAF New York, NADA New York, Future Fair, and Esther II—highlighting standout artworks and notable presentations. Highlights include Jeff Koons' Hulk sculptures at Gagosian, Claire Tabouret's new paintings at Perrotin, and Tuan Andrew Nguyen's kinetic sculptures at James Cohan. Independent returns to Spring Studios with its 16th edition, featuring a new curatorial initiative, Independent Debuts, showcasing 26 emerging artists including Shafei Xia, Laura Footes, and Lewis Brander.

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Tate announces 2026 Turner Prize shortlist.

Tate Britain has announced the shortlist for the 2026 Turner Prize, featuring artists Simeon Barclay, Kira Freije, Marguerite Humeau, and Tanoa Sasraku. Each shortlisted artist receives £10,000 ($13,500), and their work will be exhibited at Teesside University’s Middlesbrough Institute of Modern Art (MIMA) in North England from September 26, 2026 to March 29, 2027. The winner, to be announced at an awards ceremony at MIMA on December 10, 2026, will receive £25,000 ($33,760).