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Private Sales Are Surging as Auction Houses Lean into Exclusive, Experience-Led Selling

Sotheby's and Christie's are increasingly turning to private, invitation-only sales to move high-value artworks, bypassing the traditional auction model. Sotheby's recent "The Apartment" exhibition in London, featuring works by David Hockney, George Condo, and Jean-Michel Basquiat, sold half its $40 million inventory before the public even saw it. Christie's reported that its three most expensive paintings sold in 2025 were all private transactions, with the house trading $1.5 billion privately last year—nearly a quarter of its global sales.

Andrew Lloyd Webber Is Writing a Musical About the Heist that Made ‘Mona Lisa’ Famous

Renowned composer Andrew Lloyd Webber has announced he is developing a new musical centered on the 1911 theft of Leonardo da Vinci’s Mona Lisa. The production will dramatize the true story of Vincenzo Peruggia, a Louvre employee who stole the masterpiece and hid it for two years before it was recovered in Italy. Lloyd Webber revealed the project following the Broadway opening of Cats: The Jellicle Ball, noting that he is beginning the writing process immediately.

Claire Tabouret’s Stained-Glass Windows for Notre-Dame Divide French Society, with a Legal Threat Looming

French contemporary artist Claire Tabouret has been commissioned to create six new stained-glass windows for the Notre-Dame de Paris cathedral, replacing six existing 19th-century grisaille windows designed by architect Eugène-Emmanuel Viollet-le-Duc. The project, announced by President Emmanuel Macron and the Archbishop of Paris as a "contemporary gesture" following the 2019 fire, has sparked a major public and institutional controversy, with a petition against it gathering over 335,000 signatures.

after 35 years in business galerie francesca pia becomes latest dealership to fold amid market downturn 1234758348

Galerie Francesca Pia, a fixture of the Swiss art scene for 35 years, has announced it will close its doors at the end of October. Founded in Bern in 1990 before moving to Zurich's prestigious Löwenbräukunst-Areal district, the gallery will conclude its operations following a final exhibition with American artist Wade Guyton. The closure marks the end of a significant tenure for a dealership that was a regular participant at Art Basel for over two decades.

cosima von bonin loewe fall winter 2026 paris fashion week 1234775963

German sculptor Cosima von Bonin transformed the Loewe Fall/Winter 2026 runway at Paris Fashion Week into a whimsical maritime environment. The presentation featured her signature oversized plush sea creatures—including whales, clams, and crabs—alongside a new series of canine sculptures titled "The Beaux," which referenced her recent survey at Mudam Luxembourg.

buckminster fuller dome sculpture damaged blizzard 1234775319

Buckminster Fuller’s iconic 'Fly’s Eye Dome' (1976) sculpture at LongHouse Reserve in East Hampton has collapsed after a severe blizzard. The fiberglass structure, one of only five existing prototypes of its kind, buckled under the weight of heavy snow, leaving its custom-made modular components crumpled and in need of extensive restoration.

35 rembrandt etchings discovered family home netherlands 1234774586

Charlotte Meyer discovered a folder containing 35 original Rembrandt etchings while organizing her family home in Zutphen, Netherlands, during the COVID-19 pandemic. Inherited from her grandfather, who purchased them for a nominal sum in the early 20th century, the works were authenticated by the Rembrandt House Museum in Amsterdam after being stored in a drawer for decades.

louvre denon wing leak painting damaged 1234773408

A water leak occurred in the Denon Wing of the Louvre Museum in Paris, damaging an early 19th-century painting. The leak, labeled an emergency, forced the closure of several rooms and caused two micro-tears and paint layer lifting on Charles Meynier's 1820 work 'Triumph of French Painting: Apotheosis of Poussin, Le Sueur and Le Brun'.

open letter demanding more curatorial independence at ago after non acquisition of nan godin work collects 500 signatures 1234772059

An open letter demanding curatorial independence at the Art Gallery of Ontario (AGO) has gathered over 500 signatures after trustee Judy Schulich reportedly blocked the acquisition of Nan Goldin's moving-image work *Stendhal Syndrome* (2024), calling the Jewish American photographer “antisemitic.” The AGO had planned to acquire the work jointly with the Vancouver Art Gallery and the Walker Art Center, but the vote was 11–9 against acquisition. In response, curator John Zeppetelli resigned, two volunteer committee members stepped down, and Goldin herself criticized the decision as censorship driven by donor influence. The AGO has since announced a restructuring of its modern and contemporary curatorial committee, splitting it into two groups for 20th- and 21st-century art, effective in 2026.

rijksmuseum new sculpture garden 70m donation don quixote foundation 1234769776

Amsterdam’s Rijksmuseum will open a new sculpture garden in fall 2026, funded by a nearly $70 million donation from the Don Quixote Foundation, which is financed by Dutch billionaire Rolly van Rappard. The garden will be located in Carel Willinkplantsoen park, across the Boerenwetering canal from the museum, and will incorporate three adjacent Amsterdam School-style pavilions renovated by Foster + Partners. Belgian landscape architect Piet Blanckaert will design the gardens, and the museum plans to display works by Alberto Giacometti, Louise Bourgeois, Alexander Calder, Jean Arp, Roni Horn, and Henry Moore, along with temporary exhibitions in the pavilions.

vermeer girl with a pearl earring loaned osaka japan 1234769354

The Mauritshuis museum in The Hague has announced that Johannes Vermeer's "Girl with a Pearl Earring" will be loaned to the Nakanoshima Museum of Art in Osaka, Japan, for a temporary exhibition this fall. The loan occurs while the Dutch museum undergoes renovations in August and September. The painting was last lent to the Rijksmuseum in Amsterdam for its 2023 Vermeer retrospective. The Asahi Shimbun Company is underwriting the presentation and will serve as a project partner to the Mauritshuis for four years, funding a new education center slated for 2028.

art fairs luxury collaborations 2025 market 1234768449

In 2025, art fairs and auction houses have deepened their integration with luxury brands, with Sotheby's and Christie's reporting that luxury items like handbags, jewels, and watches now account for a significant share of revenue—roughly a third at Sotheby's, with private luxury sales surging 350% year-on-year. Art fairs such as Frieze London and Art Basel's global editions have moved beyond traditional sponsorship, embedding luxury partners like Tiffany & Co., Ray-Ban, Stone Island, and De Beers into curated sections, mentorship programs, and immersive installations. Industry figures like Marc Spiegler and Emily Glazebrook emphasize that the most successful collaborations prioritize artists over brands, with initiatives like UBS's Unlimited sector and the Chanel Culture Fund serving as models.

guggenheim bilbao urdaibai expansion scrapped 1234767429

The Guggenheim Bilbao has scrapped plans for a €100 million satellite expansion in Spain's protected Urdaibai biosphere reserve after nearly two decades of legal challenges and local opposition. The museum's board of trustees, including the Basque regional government and the Solomon R. Guggenheim Foundation, voted to halt the project due to insufficient public support and scientific objections. The two-site expansion would have placed cultural facilities in Gernika and Murueta, but environmental groups argued that up to 140,000 annual visitors would damage wetlands crucial for migratory birds.

swedish court acquits climate activists monet painting 1234765895

A Swedish court acquitted six climate activists from the group Återställ Våtmarker (Restore Wetlands) who smeared red paint on the protective glass of Claude Monet's painting *The Artist’s Garden at Giverny* (1900) at the National Museum of Sweden in June 2023. The painting, on loan from the Musée d'Orsay in Paris, was unharmed; the court ruled the activists had no intent to damage the work, noting they used water-soluble paint and targeted a glass-covered piece, though some paint reached the frame.

design miami exhibitors art craft design 1234765505

At Design Miami 2025, artist Nicole Cherubini presented monumental ceramic sculptures at Friedman Benda's booth, alongside Molly Hatch's installation of 288 ceramic plates at Todd Merrill's booth. The fair, curated under the theme "Make.Believe" by Glenn Adamson, saw 15 previous exhibitors drop out due to President Trump's tariffs—including a 50 percent tariff on steel and aluminum—while eight more booths appeared overall, dominated by younger, emerging talent and organic, pastel-hued designs. Established galleries like Donzello, Patrick Seguin, and Sarah Myerscough did not return, while first-time exhibitors included Arte y Ritual and Mass Modern Design.

claes oldeburg yale lipstick sculpture vandalized 1234765176

Claes Oldenburg's 1969 sculpture *Lipstick (Ascending) on Caterpillar Tracks* was vandalized in October when the letters "ATB" were etched into its metal base. Yale University is relocating the 24-foot-tall work from the Morse College courtyard to the Yale University Art Gallery for conservation and care, following the discovery of the defacement. The sculpture, a beloved campus landmark originally installed in Beinecke Plaza, has a history of being removed and restored due to weather damage and graffiti.

mississippi museum of art frank lloyd wright home 1234762957

The Mississippi Museum of Art (MMA) has acquired the Frank Lloyd Wright–designed property Fountainhead in Jackson, Mississippi, following approval from the Jackson Planning and Zoning Board and City Council. Originally designed in 1948 and completed in 1954 for oil speculator J. Willis Hughes, the 3,558-square-foot Usonian home was later restored by architect Robert Parker Adams and has been on the National Register of Historic Places since 1980. The museum plans to open the home for public tours, with bus transportation from its main campus, and to establish community partnerships.

wifredo lam moma retrospective surrealism review 1234761241

The Museum of Modern Art (MoMA) has opened a major retrospective of Afro-Cuban Surrealist painter Wifredo Lam, featuring over 200 works. The exhibition highlights Lam's masterpiece *Grande Composition* (1949), a 14-foot-wide painting recently acquired by MoMA after years of negotiation with a Paris collector. Curated by MoMA's new director Christophe Cherix and Beverly Adams, the show reexamines Lam's career, emphasizing his Afro-Cuban heritage and his use of hybrid figures like the femme-cheval, which reference Lucumí spiritual traditions.

philadelphia art museum van gogh sunflowers exhibition 1234760629

The Philadelphia Art Museum (PAM) will mount an exhibition titled “Van Gogh’s Sunflowers: A Symphony in Blue and Yellow” from June 6 to October 11, 2026, bringing together two of Vincent van Gogh’s iconic “Sunflower” paintings: PAM’s own Sunflowers (1889) with a turquoise background and the National Gallery’s Sunflowers (1888) with a yellow background. The exhibition continues a collaboration between the two institutions, following a recent loan of PAM’s painting to the National Gallery’s “Van Gogh: Poets and Lovers” show, where the two works hung in a triptych with van Gogh’s Lullaby: Madame Augustine Roulin Rocking a Cradle (La Berceuse).

erwin olaf freedom retrospective stedelijk 1234760428

The Stedelijk Museum in Amsterdam has opened "Erwin Olaf—Freedom," a major retrospective of the late Dutch photographer Erwin Olaf, who died in 2023 at age 64. The exhibition spans over a dozen rooms, showcasing his diverse output from subcultural documentation and commercial work to staged tableaux, self-portraits, and club ephemera, alongside video and sculpture. It juxtaposes formally refined portraits, such as Queen Máxima, with provocative early works like "Joy" (1985), refusing to impose a single narrative on his career.

teen tourist faces charges after dousing met museum masterpiece 1234760356

A 19-year-old tourist, Joshua Vaurin, allegedly vandalized artworks at the Metropolitan Museum of Art in New York on November 3. He threw water at Jean Auguste Dominique Ingres's 19th-century painting *The Princess de Broglie* and a 16th-century altarpiece by Girolamo dai Libri, then ripped two tapestries. Vaurin was taken into custody, arraigned on criminal mischief charges, and appeared to be under the influence of an unknown substance. The Met reported minor damage with repairs estimated at $1,000.

dara birnbaum lynn hershman leeson tribute 1234757303

This tribute article recounts the profound impact of artist Dara Birnbaum's work on the author, describing a chance meeting with Birnbaum at MoMA's café and the subsequent friendship that developed. It highlights Birnbaum's pioneering role in video art, including her manipulation of single video frames and use of color bars, and cites key works like "Technology/Transformation: Wonder Woman" (1978–79), "Local TV News Analysis" (1980), and "MTV: Artbreak" (1987) that deconstructed mass media and gender representation.

wade guyton artwork inigo philbricks flops at sothebys 1234755862

A Wade Guyton artwork (2007) that was forfeited by Inigo Philbrick's business partner Robert Newland failed to sell at Sotheby's New York in late March 2025, carrying an estimate of $200,000 to $300,000. The same piece had previously sold for $208,000 at a U.S. Marshals Service auction in Texas in August 2023, a steep decline from its $490,000 sale at Sotheby's in 2015. Another Guyton from the same forfeiture—a 2018 piece owned by Philbrick himself—sold for $215,100 at the Texas auction, representing a 65% drop from its 2018 Christie's Paris sale of €535,500 (about $625,000). The article also notes a curious discrepancy: the Texas auction catalog listed a Phillips auction house label on the 2007 Guyton, but Phillips does not appear in the work's provenance, and Philbrick was known to do business with Phillips.

art insurance los angeles wildfires 1234755619

Ron Rivlin, owner of Revolver Gallery in Los Angeles and a prolific collector of Andy Warhol works, lost his Pacific Palisades home and 340 artworks—including 30 Warhols and pieces by Keith Haring, John Baldessari, Damien Hirst, Alex Katz, and Kenny Scharf—to the January 2025 wildfires that swept through Los Angeles County. The fires, fueled by powerful winds and dry conditions, consumed approximately 60,718 acres and 17,291 structures, killing 30 people. Numerous other artists, collectors, and arts professionals, including Beatriz Cortez, Amir Nikravan, Salomón Huerta, and curator Paul Schimmel, also reported losing homes and artworks.

perelman art insurance ruling 1234753886

A New York judge has ruled against billionaire investor and art collector Ronald O. Perelman in his attempt to collect $400 million from insurers for five paintings allegedly damaged in a 2018 fire at his East Hampton estate. Justice Joel M. Cohen of State Supreme Court in Manhattan found no visible damage to the works—two by Andy Warhol, two by Ed Ruscha, and one by Cy Twombly—and nothing traceable to the fire that would reduce their value. Perelman claimed the fire robbed the paintings of their 'spark' and 'oomph,' but insurers including Lloyd's of London, Chubb, and AIG countered that the works were unscathed and accused Perelman of filing claims under severe financial pressure after a collapse in Revlon stock.

blaffer art museum curator fired jatovia gary canceled 1234753632

The Blaffer Art Museum at the University of Houston has fired associate curator Erika Mei Chua Holum, leading artists Ja’Tovia Gary and Kenneth Tam to cancel or postpone their exhibitions. The turmoil follows the appointment of Laura Augusta as director and chief curator in 2024. According to a report in Glasstire, Holum was terminated in July over budget disputes she disputes, and Gary pulled her show after budget negotiations broke down. Tam’s exhibition was described as canceled by the artist but denied by the museum, while a show by Thania Petersen also faces uncertainty. The museum previously canceled a Guadalupe Maravilla presentation in February, citing construction concerns.

the night watch dog inspiration rembrandt 1234753538

The Rijksmuseum in Amsterdam has discovered that the dog in the lower right corner of Rembrandt's "The Night Watch" (1642) was inspired by a 17th-century drawing by Adriaen van de Venne. Curator Anne Lenders spotted the resemblance while visiting an exhibition at the Zeeuws Museum, and subsequent research confirmed the connection. The finding emerged from Operation Night Watch, an ongoing restoration project that uses scientific analysis to study the painting.

maurizio cattelan scavenger hunt joseph beuys felt suit 1234753219

Maurizio Cattelan has partnered with the online art platform Avant Arte for a project centered on a new sculptural self-portrait titled *We Are The Revolution* (2025), which references Joseph Beuys's felt suit. The work lampoons the self-importance of contemporary art while reflecting on the artist's evolving role. Limited to 1,000 resin editions priced at €1,500 each, the release involves a randomized draw and a scavenger hunt in New York, Amsterdam, and London, where sculptures will be hidden in market stalls, bodegas, and an antiques dealership from September 30 to October 7. Prices range from $0.99 to €9,999 depending on location.

sylvester stallones palm beach house has works by warhol condo botero and many other contemporary art stars 1234751983

Sylvester Stallone and Jennifer Flavin's Palm Beach home, featured in a Veranda profile, showcases their extensive contemporary art collection. The house includes works by Andy Warhol, George Condo, Damien Hirst, Bridget Riley, Fernando Botero, Rashid Johnson, Sterling Ruby, and LeRoy Neiman, among others. Stallone, who began collecting at age 16, treats the home as a constantly rotating gallery, with a long hallway kept blank for changing displays and a dining room anchored by a Hirst mosaic and Condo abstract. The collection is integrated into daily life, with art hanging in the screening room, entry, and even near the gym.

van gogh museum closure dutch government funding 1234750053

The Van Gogh Museum in Amsterdam has threatened to close unless the Dutch government increases its annual funding to support a major renovation. The museum, which houses masterpieces by Vincent van Gogh, says the government is failing to uphold a 1962 agreement requiring it to fund the museum's construction and upkeep. The institution currently receives around $10 million per year but needs an additional $2.9 million annually for climate control, elevators, and infrastructure. Its Masterplan 2028, a $120.6 million project, would partially close the museum for necessary maintenance. Director Emilie Gordenker warned that without action, conditions could become dangerous for both the art and visitors.