sothebys abu dhabi luxury auctions collectors week

Sotheby's will launch its first luxury marquee auction series in Abu Dhabi this December, called Abu Dhabi Collectors' Week. Running from December 3 to 5 at the St. Regis Saadiyat Island Resort, the sales will feature cars, watches, jewelry, and real estate, alongside a museum-quality art exhibition spanning Old Masters to contemporary works. The auctions are organized in partnership with the Abu Dhabi Investment Office (ADIO) and coincide with major regional events like the Abu Dhabi Grand Prix and Abu Dhabi Finance Week. Headline lots include The Desert Rose diamond (estimated $5–7 million), a rare Rolex Daytona watch ($500,000–$1 million), and a 2017 Pagani Zonda 760 Riviera ($9.5–10.5 million).

louvre installs bars window heist galerie dapollon

The Louvre installed bars on the window through which thieves broke into the Galerie d’Apollon in October, stealing bejeweled objects that remain largely unrecovered. The window was secured on December 23, two days before Christmas, fulfilling a promise made by Louvre director Laurence des Cars, who had sought to resign after the heist but was denied. The museum also plans to add 100 security cameras and discuss securing other windows.

british museum loans csmvs india

The British Museum has sent approximately 80 artifacts on long-term loan to the Chhatrapati Shivaji Maharaj Vastu Sangrahalaya (CSMVS) in Mumbai, India. The loan includes an ancient Egyptian wooden riverboat model, Sumerian statues from 2200 BCE, a Roman mosaic from London, and a marble bust of Emperor Augustus. It is the largest loan of ancient material to India and the first such deal between the British Museum and a non-Western museum. The exhibition aims to counter "colonial misinterpretation" by emphasizing India's contributions to civilization.

walkout louvre staff unions vote continue strike

Unionized staff at the Louvre Museum in Paris voted unanimously to continue a strike that began on Monday, with hundreds of workers walking out to protest deteriorating working conditions, insufficient staffing, and a proposed dual pricing system for non-EU visitors. The strike has forced partial closures, with the museum offering only a limited 'masterpiece route' featuring works like the Mona Lisa and Venus de Milo. Unions rejected a Culture Ministry offer to cancel a planned €5.7 million budget cut, recruit more staff, and raise pay, deeming the proposals insufficient. Workers also oppose a plan to raise ticket prices for non-EU visitors from €22 to €32 to fund renovations, and criticize the use of funds from a brand licensing deal with Abu Dhabi.

louvre closed as workers begin strike france

The Louvre Museum in Paris was forced to close on Monday after approximately 400 employees went on strike to protest deteriorating working conditions. The strike, organized by unions CGT, CFDT, and Sud, blocked the museum's iconic pyramid entrance. Workers cited a brazen $102 million theft of French crown jewels in October 2025 as evidence of deep operational dysfunction, and they accused management of failing to address longstanding security and staffing issues. The closure follows a turbulent year that included a leaked memo from director Laurence des Cars warning of water leaks and overcrowding, a wildcat strike in June, and the closure of the Sully wing due to structural weaknesses.

uk police seek suspects in high value burglary at bristol museum

UK police have released CCTV footage of suspects in a high-value burglary at the Bristol Museum, where over 600 artifacts from the British Empire and Commonwealth collection were stolen on September 25. The stolen items include military memorabilia, jewelry, a carved ivory Buddha, a belt buckle from the East India Company uniform, bronze figurines, and geological specimens, taken from an archive in the Cumberland Basin area. Authorities withheld details until now to aid the investigation, which involves forensic analysis and significant CCTV inquiries.

what was stolen louvre crown jewels photos

Thieves broke into the Louvre Museum in Paris and stole several pieces of the French Crown Jewels from the Galerie d'Apollon, including a diadem, necklace, earrings, and brooches from the parures of Queen Marie-Amélie, Queen Hortense, Empress Marie-Louise, and Empress Eugénie. Two items—the reliquary brooch and the corsage bow—were dropped and recovered, and a ninth item, Empress Eugénie's crown, was also taken but later recovered. The thieves triggered alarms and fled after a fast, violent break-in, leaving behind a cherry picker; no injuries were reported.

louvre staff vote with unanimity to strike

Louvre staff voted unanimously to strike starting December 15, following a meeting of 200 employees from three unions. The unions filed a strike notice with France’s Ministry of Culture, citing a museum in “crisis” with “increasingly deteriorated working conditions” and describing the visitor experience as a “real obstacle course.” The strike could force closures during the busy holiday period. This action follows a year of turmoil at the museum, including a January leaked memo from director Laurence des Cars warning of water leaks and overcrowding, a June wildcat strike over working conditions, and an October theft of $102 million in French royal jewels that exposed outdated security systems. Structural issues recently forced closure of the Sully wing, and a water leak damaged 400 books in the Egyptian antiquities library.

key louvre security password at time of heist

A French court report reveals that the Louvre museum's security system was severely compromised at the time of a major jewel heist, with the password for its key surveillance server set to "Louvre" and another system protected by the password "THALES." The report from France's Court of Auditors, leaked to the press, details how the museum repeatedly postponed security upgrades while prioritizing high-profile acquisitions and renovations, despite an annual operating budget of €323 million. The heist saw roughly $102 million in French crown jewels stolen, and only 432 CCTV cameras monitored 465 galleries in 2024, leaving 61% of galleries without surveillance.

louvre robbery history behind stolen crown jewels

Eight pieces of the French Crown Jewels were stolen from the Louvre Museum on October 19, including a pearl-and-diamond tiara and a bow-shaped brooch that once belonged to Empress Eugénie, as well as a sapphire parure and diadem owned by Queen Maria Amalia. The theft has drawn attention to the jewels' complex history: most of the Crown Jewels were auctioned off in 1887 by the French government to eliminate monarchical symbols, and the stolen pieces were among the few remaining in the Louvre's collection, some repurchased at great expense in the 1990s and 2000s with help from the Société des Amis du Louvre.

christies sothebys auction houses luxury fashion art

Auction houses Christie's, Sotheby's, and Phillips are increasingly relying on luxury goods—such as handbags, jewelry, wine, and whiskey—to offset a sharp decline in fine art sales. Fine art sales at these houses fell 44% in the first half of 2025 compared to 2022, creating a roughly $3 billion gap. Luxury sales have surged to a 20.2% market share by value in 2025, with Christie's reporting a 30% rise in luxury sales to $468 million in the first half of 2025, and Sotheby's luxury sales topping $2 billion for three consecutive years. Notable sales include a record $10 million Hermès Birkin bag and a $72 million jewelry auction in Geneva.

grand egyptian museum king tut treasures

The Grand Egyptian Museum (GEM) in Giza has received another 163 artifacts from the tomb of King Tutankhamun, transferred from the Egyptian Museum in Cairo's Tahrir Square. This delivery includes the pharaoh's ceremonial chair, gilded footstool, canopic shrine, and jewelry, bringing the museum closer to staging the first-ever complete display of the boy king's treasures. The artifacts were transported with care and underwent condition reports at GEM's conservation labs. The final piece to arrive will be Tutankhamun's funerary mask, ahead of the museum's long-awaited grand opening on July 3.

CARTIER FOUNDATION. A THIN LINE BETWEEN EXTRACTIVISM AND CULTURAL RECLAMATION

FUNDACIÓN CARTIER. UNA DELGADA LÍNEA ENTRE EXTRACTIVISMO Y REIVINDICACIÓN CULTURAL

The Cartier Foundation inaugurated its new Paris headquarters on October 25 with the exhibition "Exposition Générale." The curatorial approach and, most notably, the labyrinthine architectural design by Jean Nouvel have drawn criticism from the specialized press, described as disappointing and patchwork. The new space, a dense black cube in central Paris, represents a radical departure from the foundation's previous luminous, glass-walled hall, forcing a complete rethinking of how to present its 40-year collection.

The Whitney Museum Raised $6.3 Million Last Night

The Whitney Museum of American Art raised $6.3 million at its annual benefit gala on Tuesday night, honoring artist Julie Mehretu, Board Chair Fern Kaye Tessler, and Director Emeritus Adam D. Weinberg. The event drew a crowd of artists, actors, musicians, and arts leaders, with a performance by Grammy winner Shaggy and a seated dinner at the museum's downtown flagship.

How Does an Art Fair Stand Apart? TEFAF NY Has an Answer.

TEFAF New York returns to the Park Avenue Armory from May 15-19, featuring 88 dealers and galleries from 14 countries across four continents. The fair distinguishes itself from competitors like Frieze, NADA, and Independent by offering an unusually broad range of works—from Modernist paintings and contemporary sculpture to ancient artifacts, fine jewelry, and design. Notable exhibitors include Gagosian showing Kathleen Ryan’s bejeweled fruit sculptures, Thaddaeus Ropac presenting newcomer Eva Helene Pade, and Belgian dealer David Lévy pairing Keith Haring with Willem de Kooning. Design is a particular highlight this year, with galleries such as Sarah Myerscough, Gomide&Co, and Modernity Stockholm showcasing everything from Shaker-inspired chairs to Brazilian modernist furniture and Scandinavian classics.

art beatriz milhazes exhibition cartier aquarium

Brazilian artist Beatriz Milhazes created a suspended sculpture titled "Aquarium" in collaboration with Cartier's Artist meets Artisan project, using unused precious and semi-precious stones such as diamonds, Akoya pearls, and black jade. The work, first realized in 2010, translates her signature colorful, rhythmic painting motifs into a three-dimensional mobile that shimmers like a school of fish. It will be installed at Cartier's Boston boutique on Newbury Street on March 25. The article includes an interview with Milhazes discussing the inception, materiality, and evolution of her sculptural practice.

fashion david yurman jewelry phaidon

David and Sybil Yurman, the couple behind the iconic David Yurman jewelry empire, reflect on their origins as artists in New York in a new book, *Sybil and David Yurman: Artists and Jewelers*, published last month. The book draws from their personal archive of paintings, sculptures, photos, and jewelry, tracing their journey from working under sculptor Jacques Lipchitz and ceramicist Shōji Hamada to building a global brand. In an interview with CULTURED, the Yurmans share stories of their first date, Sybil's early career as a ceramicist and painter, and how their partnership evolved from art to jewelry.

Poly Auction Hong Kong Spring Auctions 2026: High Jewels and Watches, Modern and Contemporary Art Auctions to Be Held on 6 April

Poly Auction Hong Kong has announced its Spring 2026 auction series, scheduled to take place from April 6 to April 8 at the Shun Tak Centre. The sales feature a diverse array of categories including Modern and Contemporary Art, Chinese Ceramics, Chinese Paintings, and High Jewelry and Watches. Highlighting the contemporary selection is Liu Wei’s 1995 masterpiece "You Like Pork?", a rare work previously exhibited at the Venice Biennale, alongside a significant 1960s "White period" abstract canvas by Zao Wou-Ki.

Parliamentary Report Outlines Major Issues In French Museums After The Louvre Heist

A French parliamentary commission released a report on May 13 detailing severe security deficiencies in French museums, following a December 2025 heist at the Louvre where French Crown Jewels worth $100 million were stolen. The report, overseen by MPs Alexis Corbière and Alexandre Portier, draws on over 20 hearings and highlights that only 25% of surveyed museums have a finalized security plan, with the Louvre itself criticized for dilapidated conditions and ignored audit warnings from 2017 and 2019 that predicted the thieves' modus operandi. Former Louvre director Laurence des Cars, who resigned in February, faced criticism for delays in implementing a security master plan.

Online Auctions Continue to Draw in First-Time Art Buyers as Sales Grow

Online-only sales of fine art at Christie’s, Sotheby’s, Phillips, Bonhams, and Artnet Auctions reached $423.9 million in 2025, an 8 percent increase from 2024. The number of lots sold remained steady at 29,623, but the average price per work rose 8.6 percent to $14,309. Sales were 270 percent higher than in 2019, before the pandemic accelerated the shift to digital auctions. Christie’s reported that 63 percent of new buyers in 2025 made their first purchase online.

The Art Trade Is Taking Calculated Risks With A.I.

The article examines how the art trade is cautiously experimenting with artificial intelligence, noting that while AI tools are being developed to attract newer collectors, the industry remains heavily reliant on trust and personal relationships that technology cannot replicate. It also reports on Fair Warning's new 'No Warning' sealed-bidding auction format, reflecting a rise in private auctions, and highlights a Sotheby's New York sale of the Jean and Terry de Gunzburg collection that set a U.S. record for design auctions at $96 million, led by a set of 15 mirrors by Claude Lalanne for Yves Saint Laurent that sold for $33.5 million.

Who Were the Best-Selling Old Masters at Auction in 2025?

The article reports on the best-selling Old Master paintings at auction in 2025, highlighting Canaletto's *Venice, the Return of the Bucintoro on Ascension Day*, which sold for $43.8 million at Christie's—three times the next-highest Old Master price. Other notable sales include a $7.55 million triptych of Jesus performing miracles by an unknown 15th-century artist, noted for its exceptional condition and quality.

Sotheby’s Tries Again to Sell $40 M. Picasso Painting That Didn’t Make It to Auction in 2008

Sotheby’s has announced the sale of Pablo Picasso’s 1909 Cubist masterpiece, Arlequin (Buste), which is expected to fetch approximately $40 million during the New York marquee auctions this May. The painting is the crown jewel of a collection belonging to the late Surrealist artist Enrico Donati and his wife Adele. This marks the second time Sotheby’s has attempted to sell the work; it was famously withdrawn from a 2008 auction just a week before the sale due to undisclosed private reasons.

reframing the frame

Artnet News revisits the trend of inventive, sculptural frames in contemporary painting, originally explored in Katie White's essay "Bordercore." The article features a podcast conversation between White and editor Ben Davis, examining how artists like Stephanie Temma Hier use frames as surreal, symbolic extensions of their work, moving beyond traditional containment to comment on and disrupt the artwork's boundaries.

10 top lots auction 2025

Gustav Klimt's portrait of Elisabeth Lederer topped the list of the most expensive artworks sold at auction in 2025, achieving $236.3 million at Sotheby's New York on November 18—far exceeding its $150 million estimate and setting a new record for the artist. The painting came from the collection of the late Leonard Lauder, who died in June at age 92. Other top lots included two more Klimts from Lauder's collection, a newly offered Basquiat, and a record-setting Frida Kahlo work, alongside notable sales by van Gogh, Rothko, Mondrian, Monet, and Picasso, with many of the highest prices achieved during the blockbuster November auctions at Sotheby's and Christie's.

sothebys saudi arabia second auction art luxury

Sotheby's will hold its second auction in Saudi Arabia, titled "Origins II," on January 31 in Diriyah, following its first auction in the kingdom in February 2024. The inaugural sale, also called "Origins," achieved $17.3 million within pre-sale estimates but had a 65.8% sell-through rate, with 40 of 117 lots unsold, particularly jewelry and handbags. The upcoming auction will focus exclusively on fine art, featuring over 70 works by international and Middle Eastern artists, including Anish Kapoor, Andy Warhol, Mohammed Al Saleem, Mahmoud Sabri, and Samia Halaby. The sale is scheduled just before the inaugural Art Basel Qatar.

the round up 2025s highs lows and wtfs

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.

frank frazetta fantasy art market

Frank Frazetta's iconic painting *Conan the Berserker* (1967) is being auctioned at Heritage Auctions with an opening bid of $10 million. The work, originally created for the cover of the 1967 paperback *Conan the Conqueror*, has become one of the definitive images of the fantasy hero. This year alone, five Frazetta paintings have sold for over $1 million, including *Man Ape* (1966) which fetched $13.5 million in September. The artist's total sales volume was just $674,640 in 2018, according to the Artnet Price Database.

francis ford coppola watch sale

Francis Ford Coppola sold a collection of seven personal watches at Phillips New York in early December 2025, raising millions to offset financial losses from his film Megalopolis (2024). The sale was led by a unique watch he co-designed with F.P. Journe, known as the FFC, which sold for $10.8 million—ten times its estimate and a world record for the brand. Other timepieces, including a Patek Philippe and a Breguet, also far exceeded their high estimates.

john oliver bob ross auction public media

A 1987 Bob Ross painting, *Cabin at Sunset*, sold for $1.04 million in a benefit auction hosted by late-night comedian John Oliver, setting a new auction record for the artist. The work was painted during the second episode of the 10th season of Ross's television series *The Joy of Painting*. The online sale, which concluded November 24, included 65 eclectic lots—from presidential wax figures to a signed bucket of dolls—and raised funds for the Public Media Bridge Fund, which supports independent broadcasters amid federal cuts to public broadcasting.