Sotheby’s is preparing to host a major Modern and Contemporary Art Evening Sale at its London headquarters on March 4. The auction features a high-profile selection of works with a total estimated value exceeding £110 million ($140.8 million), anchored by masterpieces from the impressionist and modern eras.
Major auction houses in London are preparing for a series of high-profile sales in March, featuring significant works by Francis Bacon, René Magritte, and Osman Hamdi Bey. Highlights include a 1972 Bacon self-portrait gifted to his doctor following a studio injury, a rare Magritte "leaf-bird" painting appearing at auction for the first time in 25 years, and a monumental 19th-century work by Turkish artist Osman Hamdi Bey being sold by the Penn Museum.
Curator Donny Caltrider recently concluded "Magic: The Gathering in Miniature III" at Gallery Nucleus in Los Angeles, a specialized exhibition featuring 333 artist proof cards. The show brought together original sketches, inks, and paintings from 111 global artists associated with the iconic trading card game. Marking the third iteration of this series, the event saw record-breaking attendance and a significant commercial reception, with over 70% of the works sold during its two-week run.
Los Angeles Modern Auctions (LAMA) held a Post-War & Contemporary Art sale featuring the private collection of Roberta and Fletcher Benton. The auction, hosted in partnership with Artsy, showcased 121 lots including significant works by California-centric artists such as John Mason, Claire Falkenstein, Peter Alexander, and Mel Ramos. Notable items included Bernar Venet’s steel sculptures, Judy Kensley McKie’s design pieces, and a series of artist-made jewelry by figures like Sonia Delaunay and Billy Al Bengston.
Christie's will auction three significant pieces of jewelry from the collection of philanthropist and art collector Agnes Gund. The sale includes a 1969 brooch by Alexander Calder, a 1973 necklace by Anni Albers, and a 1970s bracelet by Louise Nevelson, all artists whose primary work is in other mediums. Proceeds from the sale will benefit Gund's philanthropic organization, the Art for Justice Fund.
A Fernand Léger painting sold for over €680,000 at Hôtel des Ventes de Monte-Carlo on February 4, 2026, leading a modern and contemporary art auction in Monaco. The work, previously exhibited at London’s Tate Gallery in 1963 and held in a single family collection, depicts contrasting objects against a blue background. Other strong results included a Constantin Brancusi portrait of James Joyce that reached €95,000 (far above its €15,000–€20,000 estimate), and sculptures by Jean-Michel Folon (€70,000), Niki de Saint Phalle (€76,000), and Robert Indiana (€140,000).
The Monte-Carlo Auction House is holding a sale of modern and contemporary art on February 4th. The auction features a diverse catalogue of paintings, sculptures, and design objects, headlined by Fernand Léger's 1932 oil painting "Contrasting Objects on a Blue Background," which carries a high estimate of €800,000.
Sotheby's second auction in Saudi Arabia, 'Origins II,' concluded with strong results, achieving a hammer total of $15.4 million and an 89% sell-through rate. The sale demonstrated robust demand for regional artists, particularly Arab Modernists, while some high-profile Western works were withdrawn or failed to sell. The standout lot was a 1968 painting by the late Saudi pioneer Safeya Binzagr, titled 'Coffee Shop in Madina Road,' which sold for $1.1 million, significantly outperforming a Picasso work in the same sale.
A painting by Saudi artist Safeya Binzagr, 'Coffee Shop in Madina Road' (1968), sold for $2.06 million at Sotheby's Origins II auction in Diriyah, shattering its high estimate of $200,000. The sale set a new auction record for Binzagr and is the third-highest price ever achieved by an Arab artist at auction.
A painting by Saudi artist Safeya Binzagr, 'Coffee Shop in Madina Road' (1968), sold for $2.1 million at a Sotheby's auction in Riyadh, setting a new auction record for the artist. The sale price exceeded that of a work by Pablo Picasso sold at the same event, making it the third-highest price ever achieved for an Arab artist at auction in Saudi Arabia.
On February 4th, 2026, the Monte-Carlo Auction House will hold a sale of modern and contemporary art featuring over 30 lots. The highlight is Fernand Léger's 1932 oil on canvas "Contrasting Objects on a Blue Background," estimated at €600,000–800,000. Other notable lots include a bronze sculpture by Robert Indiana (€140,000–180,000), a Chu Teh-Chun oil on canvas (€200,000–300,000), and works by Edgar Degas, Victor Vasarely, Niki de Saint Phalle, and Picasso. The sale also includes decorative pieces by Roger Capron and Maison Pergay.
Artsy is hosting a live auction titled 'Rago and Wright: Post War & Contemporary Art,' which closed on January 28, 2026. The sale features 78 lots of works by artists including Donald Judd, Tom Wesselmann, Niki de Saint Phalle, Sol LeWitt, Louise Nevelson, Anna Weyant, and Willem de Kooning, among others. Bidders could place max bids in advance or participate live through the Artsy platform, with all lots shipping from Rago/Wright/LAMA facilities.
A limited-edition artwork by Japanese contemporary artist Tomokazu Matsuyama, titled 'Umaibo: Contemporary Art Flavour', sold at auction for ¥1.15 million (approximately $7,600 USD). The piece reimagines the iconic ¥15 Umaibo corn puff snack, a beloved cheap candy in Japan. Originally released in 2025 as a run of 50 sticks priced at ¥100,000 each, the work was first shown at Matsuyama's solo exhibition 'Tomokazu Matsuyama: First Last' at Azabudai Hills Gallery in Tokyo. The auction result represents over ten times the original retail price.
A priceless 2,500-year-old golden helmet and three golden bracelets from Romania's Dacia civilization, stolen from the Drents Museum in the Netherlands in January 2025, were returned to Romania on Tuesday. The artifacts arrived at Bucharest Henri Coanda International Airport under guard and were displayed at Bucharest's National History Museum, flanked by armed security. The recovery followed 14 months of investigations, diplomatic tensions, and an ongoing trial of three suspects; one bracelet remains missing but Dutch authorities vow to continue the search.
AstaGuru, an Indian online auction house founded in 2008, has established itself as a leading digital platform for modern and contemporary art, antiques, sports memorabilia, fine silverware, and writing instruments. The company achieved a world record with a ₹17.75 crore bid for a Tyeb Mehta painting in 2017 and boasts a 93% lot sale ratio, auctioning works by notable artists such as Ramkinkar Baij, Krishen Khanna, and Nandalal Bose. Led by directors Tushar Sethi and Vickram Sethi, the platform offers secure bidding, physical previews in Mumbai, and services including consultation, restoration, and valuation.
The di Rosa Center for Contemporary Art, a museum and sculpture park in Napa Valley, California, has listed its 217-acre property for $10.9 million due to ongoing financial struggles. The center has scaled back programming, reduced staff, and increased wedding rentals to generate revenue, but operational costs remain unsustainable. The art collection is not included in the sale, and the center hopes a philanthropist might purchase the property and lease it back to them for a nominal fee. The Napa campus and a satellite gallery in San Francisco will stay open during the sale process.
The Korea Art Authentication and Appraisal Institute (KAAAI) released its "2025 Art Market Analysis Report" on January 21, 2026, revealing that the Korean art market grew 5.16% in total auction sales to 142.7 billion won, despite a decline in the number of lots offered. The global market saw a similar trend: combined sales at Christie's, Sotheby's, and Phillips rose 11.1% to $4.56 billion, but the number of works sold fell by 33.3%. Demand concentrated on high-priced blue-chip works by artists like Gustav Klimt, Claude Monet, Mark Rothko, René Magritte, and Jean-Michel Basquiat, while ultra-contemporary art sales plunged 39.1%.
Sotheby’s is returning to Riyadh for the second edition of its Origins sale, titled Origins II, with a live auction scheduled for 31 January. The sale will feature over 70 lots spanning Modern and Contemporary Art, Ancient Sculpture, and 20th-Century Design, including works by Saudi pioneer Safeya Binzagr, Iraqi artist Mahmoud Sabri, and Pablo Picasso. The auction coincides with the Diriyah Contemporary Art Biennale and the debut of Art Basel Doha, and will be preceded by a public exhibition at Diriyah’s Bujairi Terrace from 24 to 31 January.
Julien's Auctions has announced a 'STREET ART & CULTURE' auction featuring 70 lots that blend skate culture, street art, and music memorabilia. Highlights include Tony Hawk's personal T-shirt and signed poster from his historic 1999 X Games '900' trick (estimate $6,000-$8,000), a Banksy signed limited-edition 'Sale Ends' screenprint (estimate $20,000-$30,000), and boards from Powell-Peralta such as Steve Caballero's 'Half Cab Dragon'. The sale also includes works by Jean-Michel Basquiat, Jamie Reid, Shepard Fairey, and memorabilia from Gorillaz, Beastie Boys, and Wu-Tang Clan. The online auction is scheduled for February 4, 2026.
Sotheby’s resumed Modern & Contemporary Art auctions in Singapore in 2022 after a 15-year hiatus, signaling renewed confidence in the region. In an interview, Jasmine Prasetio, Managing Director for Southeast Asia at Sotheby’s, discusses how Singaporean and Singapore-based collectors are increasingly active in both local and global sales, actively bidding on and acquiring works by Singaporean artists such as Georgette Chen, Kim Lim, and Jane Lee. Notable auction results include Georgette Chen’s “Lychees and Peaches” achieving $1.5 million in July 2023 and Jane Lee’s “Melt VII” selling for $140,877.
Several works by Scottish-Italian artist Eduardo Paolozzi, gifted to his longtime collaborator and model maker Ray Hardinge Campbell Watson, are being auctioned at Lyon & Turnbull in Edinburgh. The collection includes a bronze statue titled *Hermes/Mondrian Head – 1996* (estimate £10,000–£15,000), along with plaster sculptures, prints, and folio sets, many bearing personal inscriptions. The sale reflects a creative partnership that spanned over thirty years, during which Paolozzi and Watson collaborated on major projects such as the Tottenham Court Road murals for London Underground and a Pizza Express mural in the late 1960s.
Art sales are surging after a two-year slump, according to prominent Canadian art advisor Barbara Guggenheim, CEO of Barbara Guggenheim Associates. In an interview with BNN Bloomberg, Guggenheim noted that collectors are now prioritizing quality, seeking established artists like Picasso and Warhol, and that fresh-to-market works are attracting strong bids. Recent record-breaking sales include Frida Kahlo's self-portrait for $54.7 million and Gustav Klimt's 'Portrait of Elisabeth Lederer' for $236.4 million at Sotheby's. The middle market remains robust, with works like Stuart Davis's 'Municipal' selling for $1.5 million, while lower-priced pieces under $30,000 are harder to guarantee as investments.
The 34th Coors Western Art Exhibit & Sale held its Red Carpet Reception on Thursday night, drawing over 1,000 guests to its new venue on the second floor of The Legacy, the recently completed $100 million headquarters of the National Western Stock Show. The 2026 show features 93 participating artists and 354 works, including wildlife, landscape, sculpture, and plastics, with a sales goal exceeding $1 million to benefit the National Western Scholarship Trust. Featured artist Logan Maxwell Hagege of Ojai, California, presents works such as "Springtime in the Rockies" ($85,000) and "Indigo Stripes" ($18,500), while his piece "Hopeless Dreamer" was purchased for the Stock Show's Permanent Collection.
Sotheby’s will hold its second auction in Saudi Arabia next month, featuring works by Pablo Picasso, Andy Warhol, and Safeya Binzagr, the late artist regarded as the spiritual mother of contemporary Saudi art. The auction, scheduled for January, follows Sotheby’s debut in the kingdom in February, which generated $17.28 million from fine art, designer items, and memorabilia. Unlike the first sale, this auction will focus exclusively on art, responding to stronger demand for Saudi works. Binzagr’s painting *Coffee Shop in Madina Road* (1968) will be a highlight.
Sotheby's will hold its second auction in Saudi Arabia, Origins II, on January 31 in Diriyah, featuring works by Pablo Picasso, Andy Warhol, Anish Kapoor, and Middle Eastern artists including Safeya Binzagr and Mohammed Al Saleem. The sale spans categories from ancient sculpture to contemporary South Asian art, with highlights including Picasso's 'Paysage' (1965, est. $2-3 million) and Binzagr's 'Coffee Shop in Madina Road' (1968, est. $150,000-200,000).
Christie’s has announced the consignment of billionaire Bill Koch’s American Western art collection, estimated to fetch at least $50 million across two sales on January 20 and 21. The collection, described as the most valuable tranche of the genre ever to appear at auction, features works by Frederic Remington—including his painting *Coming to the Call* (estimated $6–8 million)—and Charles Marion Russell, among others. The sale aims to spotlight a niche but growing sector of the art market.
Christie's and Sotheby's both reported increased total projected revenue for 2025, reversing two years of market decline. Sotheby's led with $7bn in global sales (up 17%), boosted by a record $236.3m sale of Klimt's *Portrait of Elisabeth Lederer* and strong luxury sales. Christie's posted $6.2bn overall (up 6%), with private sales accounting for 24% of revenue and Old Masters rising 24% year-on-year. Both houses saw significant growth in the second half of 2025 and continued expansion in luxury categories, though Asian art and Asia Pacific buyer spending declined at Christie's.
François-Xavier Lalanne's 1976 'Hippopotame Bar,' a whimsical copper, steel, and wood cabinet shaped like a hippopotamus with hidden compartments, sold for $31.4 million at a Sotheby's auction on December 10, 2025. Originally commissioned by the late oil heiress and philanthropist Anne Schlumberger, the piece sparked a 26-minute bidding war that far exceeded its $7–10 million estimate, making it the most valuable design object ever sold at auction and shattering Lalanne's previous auction record.
Howard Arkley has overtaken Brett Whiteley as the top-selling Australian artist at auction in 2025, with his spray-painted depictions of Melbourne suburbia dominating the year's art sales. The shift reflects a growing collector appetite for Arkley's vibrant, airbrushed scenes of brick homes and suburban life, which have surged past Whiteley's iconic Sydney Harbour views in auction results as the 2025 season concludes.
The article profiles praxis ARTSPACE in Adelaide, Australia, which was originally a former brothel and is now a leading arts space celebrating its tenth anniversary. Founded and directed by Patty Chehade, the space offers professional exhibition facilities for emerging and established artists, featuring a mix of one-person and thematic shows. Notable artists exhibited include Liz Butler, Dianne Longley, Olga Sankey, and Margaret Ambridge.