Gustav Klimt portrait sells for $236.4m, making it the second most expensive artwork ever sold at auction

Gustav Klimt's "Portrait of Elisabeth Lederer" sold for $236.4 million at Sotheby's New York on Tuesday night, becoming the second most expensive artwork ever sold at auction and the most expensive modern artwork ever auctioned. The six-foot-tall painting, created between 1914 and 1916, depicts the young heiress and daughter of Klimt's patrons. Six bidders competed for 20 minutes before the work was sold, though Sotheby's declined to name the buyer. The painting had been looted by the Nazis during World War II, returned to the Lederer family in 1948, and later acquired by Estée Lauder heir Leonard A. Lauder in 1985. Lauder died in June at age 92, and the sale was part of his collection auction that fetched $575.5 million total.

Gustav Klimt portrait sale breaks modern art record

Gustav Klimt's portrait of Elisabeth Lederer sold for $236 million (£180 million) at Sotheby's in New York, setting a new record for the most expensive work of modern art ever sold at auction. The painting, completed between 1914 and 1916, depicts the daughter of Klimt's most important patrons and was part of the collection of the late cosmetics billionaire Leonard Lauder, who had purchased it in 1985. The sale took place during Sotheby's first evening sale at its new Manhattan headquarters, with bidding starting at $130 million and narrowing to two contenders before the hammer fell at $236 million.

A gold toilet and the most expensive modern artwork ever sold at auction boost the New York market

Sotheby's New York held a landmark auction evening on November 18, 2025, featuring two headline-grabbing lots: Gustav Klimt's 'Portrait of Elisabeth Lederer' (1914-16), which sold for $236.4 million, becoming the most expensive modern artwork ever sold at auction, and Maurizio Cattelan's solid-gold toilet 'America', which sold for a disappointing $12.1 million after a single bid. The Klimt came from the collection of the late cosmetics heir Leonard Lauder, whose two-night auction total reached $527.5 million. The toilet, previously owned by investor Steve Cohen, had been commissioned when gold prices were far lower, ensuring the seller a profit regardless of the modest bidding.

Gold toilet, Klimt portrait sell for millions at Sotheby’s

A portrait by Gustav Klimt, *Portrait of Elisabeth Lederer* (1914–1916), sold for $236 million at Sotheby's in New York, setting a record for the auction house. The painting, depicting the daughter of Klimt's patron, was part of the collection of late billionaire Leonard A. Lauder. In the same sale, Maurizio Cattelan's solid gold toilet *America* (2016) fetched $12.1 million, with the piece satirizing superwealth. The toilet had previously been exhibited at the Guggenheim Museum and was stolen from Blenheim Palace in 2019; its current whereabouts remain unknown.

Kicking off New York November sales, Christie's nets healthy $690m from double-header 20th-century auction

Christie's kicked off New York's November auction season with a double-header 20th-century evening sale on November 17, generating $574.7 million before fees and $690 million with fees. The sale featured 80 lots, including 18 from the collection of supermarket magnate Robert Weis and his wife Patricia Ross Weis, with highlights such as Pablo Picasso's *La Lecture (Marie-Thérèse)* selling for $45.4 million and Mark Rothko's *No. 31 (Yellow Stripe)* achieving $62.1 million. Two artist records were set, including for Leonor Fini, and the sale achieved a 94% sell-through rate, with 59 lots backed by third-party or house guarantees.

Kim Whan-Ki's 19-VI-71 #206 to be Auctioned at Christie's New York 20th Century Evening Sale - Christie's

Christie's New York will auction Kim Whan-Ki's 1971 painting *19-VI-71 #206* (estimate $7.5–10 million) on 17 November 2025 as part of its prestigious 20th Century Evening Sale. This marks the first time a Korean artwork has been included in this marquee sale, placing the piece alongside works by Pablo Picasso, Marc Chagall, Joan Mitchell, and David Hockney. The painting, from the artist's New York period, is one of only 30 large-scale 'dot paintings' exceeding 200 cm and was created in the same year as his record-setting *05-IV-71 #200 (Universe)*, which sold at Christie's Hong Kong in 2019 for over HK$100 million.

New Year, New View: Eight Places to See Art This Winter (and Beyond)

The article highlights eight must-see art exhibitions for the winter season. Key shows include "Dreamworld: Surrealism at 100" at the Philadelphia Art Museum, a Gerhard Richter retrospective at the Fondation Louis Vuitton in Paris, a survey of avant-garde artist Bettina Grossman at Ruth Arts in Milwaukee, a Jacqueline Humphries exhibition at the Aspen Art Museum, and "Ideas of Africa: Portraiture and Political Imagination" at New York's Museum of Modern Art. Other notable exhibitions are also mentioned, covering a range of historical and contemporary artists.

This month’s New York auctions could bring up to $2.3bn

New York's leading auction houses, including Sotheby's and Christie's, expect to generate between $1.7bn and $2.3bn during their November sales, driven by major consignments such as 55 works from the estate of Leonard Lauder and 37 works from the collection of Jay and Cindy Pritzker. Sotheby's, which has moved its headquarters into the former Whitney Museum's Breuer Building, leads the season with estimated sales of $863m to $1.175bn, featuring Gustav Klimt's Portrait of Elisabeth Lederer (estimated at $150m) and Frida Kahlo's El Sueño (La Cama) (estimated at $40m-$60m).

New York Galleries: Openings and Closings of the Week (11/11—11/16)

The Best Art Exhibits to See in New York City Right Now

New York City's autumn art scene features a diverse array of exhibitions across major museums. At the Metropolitan Museum of Art, "Man Ray: When Objects Dream" showcases 60 rayographs alongside 100 paintings and prints, exploring the artist's camera-less photography technique. The Brooklyn Museum presents "Monet and Venice," placing 19 of Monet's Venetian paintings in dialogue with works by John Singer Sargent and others, while also hosting "Breaking the Mold: Brooklyn Museum at 200," a retrospective on the institution's two-century history. The New York Historical Society offers "The Gay Harlem Renaissance," highlighting queer Black artists and writers of the Harlem Renaissance, and "The New York Sari," examining South Asian women's fashion influence since the Gilded Age.

Maurizio Cattelan’s Gold Toilet Returns to Market at Sotheby’s This November

Sotheby's has announced that an edition of Maurizio Cattelan's gold toilet sculpture "America" (2016) will be auctioned in its The Now & Contemporary Evening Auction on November 18, 2025, with a starting bid of approximately $10 million based on its 101.2-kilogram weight in gold. The work first gained fame at the Solomon R. Guggenheim Museum in New York in 2009, where over 100,000 visitors used it, and later made headlines when it was stolen from Blenheim Palace in a raid that caused structural damage and flooding. The stolen piece was never recovered and is presumed melted down, making this edition the only one in existence.

9 artists having major museum moments this year and next

Nine artists are featured in major museum exhibitions this year and next, including John Singer Sargent at the Musée d'Orsay, Alexander Calder at Calder Gardens and the Whitney Museum, Beauford Delaney at the Studio Museum in Harlem, Man Ray at the Metropolitan Museum of Art, and Cecily Brown at the Barnes Foundation. The article highlights key shows such as Sargent: Dazzling Paris, High Wire: Calder's Circus at 100, and When Objects Dream, each presenting significant works and historical context.

Princeton University Art Museum graduates to expansive new home

The Princeton University Art Museum (PUAM) is opening a new 146,000-square-foot facility on October 31, doubling its previous exhibition and education spaces. The original 1880s building, which underwent multiple additions before being demolished in 2021, could only display about 2% of Princeton's 117,000-object collection. Designed by Adjaye Associates with executive architect Cooper Robertson, the new three-story museum features nine interlocking pavilions, 80,000 square feet of exhibition space, classrooms, and a grand hall. Curators have rethought the installation to move away from rigid geographic and chronological categories, instead emphasizing cross-cultural and cross-media pairings, such as placing Andy Warhol's Blue Marilyn (1962) alongside a 14th-century Italian Virgin and Child.

Stefan Edlis and Gael Neeson built an unforgettable collection defined by humanity and humour

Christie's will auction over 40 works from the collection of the late Stefan Edlis and his wife Gael Neeson, beginning with the 21st Century Evening Sale on 19 November and the Post-War & Contemporary Art Day Sale on 20 November in New York, with additional offerings continuing through 2026. The collection, housed in the couple's Chicago residence, includes iconic pieces by artists such as Ed Ruscha, Urs Fischer, Jeff Koons, Cindy Sherman, and Diego Giacometti, reflecting a blend of avant-garde, Pop, and Art Deco design.

Modern & Contemporary African and Middle Eastern Art at Olympia Auctions

Olympia Auctions will hold a sale of Modern & Contemporary African and Middle Eastern Art on 29 October 2025, featuring 66 lots curated by specialists Janet Rady and Elikem Logan. Highlights include works by Ben Enwonwu, Oluwole Omofemi, Johnson Ocheja, Jacob Hendrik Pierneef, and South African women weavers from the Rorke’s Drift Art and Craft Centre, with estimates ranging from £1,000 to £25,000.

Freedom of expression: Tate exhibition offers an overdue showcase of Nigeria’s Modernist artists

Tate Modern's exhibition "Nigerian Modernism" showcases over 300 works by 59 Nigerian modernist artists, curated by Osei Bonsu and Bilal Akkouche. The show follows the 2018 record sale of Ben Enwonwu's portrait "Tutu" at Bonham's for £1.2 million, which highlighted the neglect of modern African artists in art history. It features pioneers like Aina Onabolu, the first African student at an English art school, and Uche Okeke of the Zaria Art Society, whose work blends Western techniques with Nigerian traditions, Islamic aesthetics, and uli mural painting.

'I want to show the real deal': property developer Rajan Bijlani on his Modernist design collection

Property developer Rajan Bijlani, based in north London, has turned his home Fonthill Pottery—formerly the residence and studio of ceramicist Emmanuel Cooper—into a showcase for his collection of 20th-century design, sculpture, and paintings. His focus is Modernist furniture, particularly works by Pierre Jeanneret, one of the architects of Chandigarh, India. Bijlani owns over 500 pieces, including Jeanneret's 1960 Dining Table and Easy Chairs (1956), as well as works by Le Corbusier and George Nakashima. He staged his first home exhibition last year featuring South Asian diaspora artists, and this year presents 'Electric Kiln,' pairing Jeanneret and Le Corbusier pieces with works by Cooper, Lucie Rie, and Frank Auerbach. Some works are for sale to fund future shows, including a Japan-themed exhibition and one timed to London Gallery Weekend.

A Jean-Michel Basquiat Rarity And Banksy's Spray-Painted Flag Head To Frieze London 2025

Frieze London 2025 returns for its 23rd edition from October 15-19 in Regent's Park, featuring over 280 international galleries. Major auction houses are staging blockbuster sales during the week, including Sotheby's evening and day sales in partnership with Celine, Christie's 20th/21st Century Evening Sale and a trilogy of drawings from the Klaus Hegeswich collection, and Phillips' Modern & Contemporary sales. Highlights include a Jean-Michel Basquiat rarity, Banksy's spray-painted flag, a Francis Bacon portrait, a Picasso etching, and a Lucian Freud self-portrait estimated at up to $16 million.

Headed to Paris for Art Basel? Here are the 17 museum shows not to miss

Art Basel Paris is underway, and this article highlights 17 must-see museum shows across the city. Key exhibitions include a joint tribute to Niki de Saint Phalle, Jean Tinguely, and Pontus Hultén at the Grand Palais; a Rick Owens fashion retrospective at Palais Galliera; the first French monographic show of John Singer Sargent at the Musée d'Orsay, featuring his scandalous 'Portrait of Madame X'; a Bridget Riley exhibition exploring her debt to Georges Seurat; a Minimalism survey at the Bourse de Commerce; and a major Jacques-Louis David retrospective at the Louvre marking the bicentenary of his death.

Who made ancient Egyptian art? Plus, Michaelina Wautier, Robert Rauschenberg’s ‘Bed’—podcast

This episode of The Art Newspaper's podcast 'The Week in Art' covers three major art stories. Alexander Morrison visits the Fitzwilliam Museum in Cambridge to explore 'Made in Ancient Egypt,' an exhibition revealing the untold stories of the craftspeople and techniques behind ancient Egyptian objects. Ben Luke speaks with Katlijne Van der Stighelen about the largest-ever exhibition of Baroque painter Michaelina Wautier at the Kunsthistorisches Museum in Vienna, which will travel to the Royal Academy of Arts in London. The episode also features Robert Rauschenberg's iconic work 'Bed' (1955), part of the exhibition 'Five Friends' at the Museum Ludwig in Cologne, which brings together artists John Cage, Merce Cunningham, Jasper Johns, Robert Rauschenberg, and Cy Twombly.

Christie's presents its 20/21 Marquee Week - Christie's

Christie's will host its 20/21 Marquee Week in London from October 8, 2025, featuring six live and online sales of Impressionist, Modern, Post-War, and Contemporary art during Frieze Week. Highlights include works by Lucian Freud, Peter Doig, Paula Rego, Yoshitomo Nara, Claude Monet, Paul Cezanne, Louise Bourgeois, Chris Ofili, Paul Signac, Gerhard Richter, and Pablo Picasso, along with the Ole Faarup Collection. The event also includes a philanthropic initiative called Architects for the Birds, with birdhouses designed by architects including Norman Foster, Renzo Piano, and David Chipperfield, benefiting the Tessa Jowell Foundation; an exhibition of wearable sculptures and an installation by artist Natasha Wightman; and a continued partnership with the 1-54 Contemporary African Art Fair.

Christie's Paris Art Week - Christie's

Christie's will hold a series of modern and contemporary art auctions and events in Paris during late October 2025, coinciding with the fourth edition of Art Basel Paris. The sales feature major works including a monumental Yves Klein monochrome (estimate on request), Alberto Giacometti's 'Femme debout' (€5-7M), Paul Signac's 'La Passerelle Debilly' (€4-6M), and pieces by Pierre Soulages, Pierre-Auguste Renoir, and others. The week opens on October 23 with 'Moderne(s), une collection particulière européenne,' a private collection of 40 European avant-garde works, followed by the flagship 'Avant-Garde(s) including Thinking Italian' sale.

Southeast Asia’s biggest impressionist art show is coming to Singapore

The National Gallery Singapore will host Southeast Asia’s largest exhibition of French Impressionist art, titled “Into the Modern: Impressionism from the Museum of Fine Arts, Boston,” from November 14, 2025, to March 1, 2026. The show features over 100 paintings on loan from the Museum of Fine Arts, Boston, including works by Claude Monet, Pierre-Auguste Renoir, Edgar Degas, Paul Cézanne, Berthe Morisot, and Camille Pissarro, with 17 Monet paintings such as ‘Poppy Field in a Hollow near Giverny’ and ‘Cap Martin near Menton.’ None of the artworks have been displayed in Southeast Asia before.

Kerry James Marshall, National Gallery expansion, Picasso’s Three Dancers—podcast

This podcast episode from The Art Newspaper covers three major art stories. Ben Luke tours Kerry James Marshall's retrospective 'The Histories' at the Royal Academy of Arts in London—the largest European survey of the US artist's work—with curator Mark Godfrey, and visits a related exhibition of Marshall's graphic novel 'Rythm Mastr' at The Tabernacle in Notting Hill. The National Gallery in London announces a £400m expansion called Project Domani, the largest transformation in its 200-year history, with £375m already raised, and a shift in its collecting boundary beyond 1900. Finally, Tate Modern's centenary exhibition 'Theatre Picasso' centers on Pablo Picasso's 'The Three Dancers' (1925), discussed with co-curator Natalia Sidlina and designer Enrique Fuenteblanca.

Agnes Gund, collector and philanthropist who helped transform MoMA, has died, aged 87

Agnes Gund, the influential American arts philanthropist and collector, has died at age 87. Gund was a transformative figure at the Museum of Modern Art (MoMA) in New York, serving on its board from 1976, as president from 1991 to 2002, and later as president emerita. She helped raise funds for MoMA's $858m expansion, donated around 100 works to the museum, and pushed for acquisitions of women and artists of color. Beyond MoMA, she founded Studio in a School in 1977 to bring art education to New York City public schools and co-chaired a Sotheby's auction to support Miss Porter's School. Her death was first reported by The New York Times; she is survived by four children.

Global Icons, Local Spotlight: Contemporary Art from the Collections of Jordan D. Schnitzer

The Portland Art Museum (PAM) will open "Global Icons, Local Spotlight: Contemporary Art from the Collections of Jordan D. Schnitzer" in September 2025, featuring over 75 works from the collections of Oregon collector Jordan D. Schnitzer and his Family Foundation. The exhibition includes pieces by major 20th-century artists like Jasper Johns, Helen Frankenthaler, and Robert Rauschenberg, as well as contemporary figures such as Nick Cave, Mickalene Thomas, and Jeffrey Gibson, many shown publicly for the first time. Highlights include Christopher Myers' installation "Let the Mermaids Flirt with Me," debuting at PAM after its 2022 Art Basel Miami premiere.

Yayoi Kusama Retrospective Becomes Most Visited Exhibition in Australian History

Yayoi Kusama's retrospective at the National Gallery of Victoria (NGV) in Melbourne became the most visited exhibition in Australian history, drawing 570,537 ticket holders from December 2024 to April 2025. The show broke the museum's previous record set by the 2017 exhibition "Van Gogh and the Seasons," which sold 462,262 tickets. Featuring over 200 artworks spanning nine decades, including 10 infinity rooms and early drawings from age nine, the exhibition attracted a diverse audience that included celebrities like Billie Eilish, Dua Lipa, Troye Sivan, and Finneas.

Christie's to offer the Collection of visionary Danish collector Ole Faarup as a key highlight of its October 20/21 Marquee Week - Christie's

Christie's will auction the collection of Danish collector Ole Faarup during its October 2025 Marquee Week, featuring around 140 lots with an overall estimate of £16–22 million. Highlights include major works by Peter Doig, Chris Ofili, and Jean-Michel Basquiat, alongside Danish and international artists. Proceeds from the sale will benefit The Ole Faarup Art Foundation, which supports emerging artists and cultural institutions.

The 7 Best Art Shows to See This Fall, From N.Y.C. to San Francisco

The article previews seven major art exhibitions opening across the United States this fall, from New York City to San Francisco. Highlights include a rare U.S. retrospective of Finnish painter Helene Schjerfbeck at the Metropolitan Museum of Art, the first comprehensive U.S. survey of Afro-Cuban surrealist Wifredo Lam at the Museum of Modern Art, and a long-overdue museum retrospective for multimedia artist Suzanne Jackson at the San Francisco Museum of Modern Art. Other featured shows include Yoko Ono's traveling retrospective at the Museum of Contemporary Art Chicago.

These Are the 44 Best Art Museums in the U.S. Right Now

Time Out has published a list of the 44 best art museums in the U.S., ranking institutions like the Museum of Modern Art (MoMA), the Whitney Museum of American Art, and the Metropolitan Museum of Art (The Met) at the top. The article highlights each museum's collection highlights, architectural features, and visitor tips, with prices and recommendations for immersive experiences.