The 20 Most Expensive Artworks Hitting the Auction Block This Season

The May 2026 New York auctions at Christie’s, Sotheby’s, and Phillips will feature 20 high-value lots priced at $30 million or more, including works by Andy Warhol, Jasper Johns, Pablo Picasso, Piet Mondrian, Jackson Pollock, Willem de Kooning, Cy Twombly, Gerhard Richter, and others. The sales are staggered around the Venice Biennale and Frieze New York, with Sotheby’s holding its contemporary evening auction on May 14 and Christie’s its 20th-century sale on May 18. Notable consignments come from the estates of S.I. Newhouse, former MoMA board president Agnes Gund, and dealer Marian Goodman.

Outgoing MCA Chicago Director Madeleine Grynsztejn Offers the Consummate Insider’s Guide to the Windy City

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Several international curators and museum directors, including Connie Butler of MoMA PS1, Carolyn Christov-Bakargiev, Julieta Gonzalez of the Wexner Center for the Arts, and Madeleine Grynsztejn of MCA Chicago, selected artworks that they believe define 2025. Highlights include Ayoung Kim's video installation 'Delivery Dancer’s Arc: 0º Receiver' (2024), Beeple's 'Regular Animals' premiered at Art Basel Miami Beach, and Kerry James Marshall's painting 'Haul' (2025) from his retrospective at the Royal Academy of Arts. Julieta Gonzalez also pointed to a broader constellation of practices emphasizing collectivity, ecological thinking, and Indigenous cosmologies rather than a single emblematic work.

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Acquavella Galleries in New York will present a major exhibition, 'Matisse: The Pursuit of Harmony,' from April 9 to May 22, 2026. The show assembles 50 paintings, sculptures, and works on paper spanning half a century, including the complete 'Back' series and significant loans from private collections and major museums.

Art Basel’s Parent Company Plans New ‘Ideas Festival’—and More Art Industry News

MCH Group, the parent company of Art Basel, is launching a new global ideas festival called the Futurific Institute in Basel in 2028, backed by billionaires James and Kathryn Murdoch. Art Dubai has postponed its 20th edition due to regional conflict, while several galleries are opening, closing, or changing locations, including Brooke Benington in London and Timothy Taylor in New York. Additionally, Mexico is demanding eBay remove listings for pre-Columbian artifacts, and institutions like the Royal Academy of Arts and MCA Chicago are announcing key leadership changes.

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This week's art industry roundup covers major auction results, including Sotheby's $51.8 million sale of the Saunders Old Masters collection (a record for a single-owner sale in that category) and the $12.5 million sale of the Lalanne's 'Ostrich Bar' in Paris. The Breuer Building, purchased by Sotheby's in 2023, has been landmarked by New York City, preserving its interior during renovation by Herzog & de Meuron. Art Basel announced a new fair in Doha, Qatar, launching next February with 50 exhibitors, while Untitled Art revealed 84 exhibitors for its first Houston edition. In gallery news, Yan Du will open YDP in London, Annely Juda Fine Art is moving, and Jean-Paul Engelen joins Acquavella Galleries. Gladstone Gallery hired Julian Ehrlich from Christie's. Saudi Arabia opens its first specialized art storage facility in Jeddah. Creative Australia chair Robert Morgan retires amid controversy over the Venice Biennale team appointment, and Monash University reversed a decision to cancel an exhibition.

Transformative Director Madeleine Grynsztejn to Leave MCA Chicago

Madeleine Grynsztejn, the director of the Museum of Contemporary Art Chicago since 2008, will step down at the end of 2026. Her departure marks the end of an 18-year tenure during which she significantly expanded the museum's budget and collection, secured major donations, and launched high-profile exhibitions and artist-focused programs.

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Jeff Koons will present his first solo show at Gagosian in seven years, titled “Porcelain Series,” opening November 13 at the gallery’s 541 West 24th Street location. The exhibition features new and recent sculptures and paintings that explore beauty and mythology, including mirror-polished stainless steel figurines modeled on 18th- to early-20th-century porcelain and oil paintings incorporating historical engravings. Koons, who left Gagosian in 2021 for Pace and returned in 2025, debuted new work at Frieze New York in May.

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Over 100 contemporary artists, including Jeff Koons, Paul McCarthy, Julie Mehretu, Camille Henrot, Claire Tabouret, and Julien Creuzet, were invited to create copies of masterpieces from the Louvre's collection. Their works are now on view in the exhibition "Copyists" at the Centre Pompidou-Metz, a satellite of the Pompidou in northeastern France. The show features reinterpretations of iconic paintings such as Eugène Delacroix's *Liberty Leading the People* (1830), Giovanni Bellini's *Portrait of a Man* (ca. 1475–1500), and Théodore Géricault's *The Raft of Medusa* (1818–19), among others. Co-curators Donatien Grau and Chiara Parisi emphasize that the exhibition is about the act of copying itself, not just the resulting copies, and that it creates a dialogue between contemporary artists and historical masters.

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STPI is launching the inaugural Print Show and Symposium Singapore during Singapore Art Week (January 22–31, 2026). The event will feature over 27 internationally acclaimed contemporary artists—including Jeff Koons, Louise Bourgeois, Takashi Murakami, and Do Ho Suh—showcasing their engagement with printmaking. A symposium titled "The Politics of Print: elephant in the room," curated by Stephanie Bailey, will bring together 25 curators, museum directors, and artists such as Michael Craig-Martin, Adele Tan, Sook-Kyung Lee, and Pinaree Sanpitak for six panels over two days.

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Artnet News has curated a selection of 15 unusual and art-themed gifts available at museum shops worldwide, ranging from a snake-embroidered brooch inspired by Cartier at the Victoria and Albert Museum in London to a 'Souls in Purgatory' magnet from the Morgan Library & Museum in New York, a traditional palm-leaf fan from Al Ain Museum in Abu Dhabi, a gilded sewing kit from the Neue Galerie in New York, and a CD of a Hanne Darboven composition from the Dia Art Foundation. Each item is presented with its price, source museum, and a brief explanation of its appeal, often tying back to specific exhibitions or artworks.

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Es Devlin, the renowned set designer behind iconic pop culture moments for Beyoncé, Kanye West, Lady Gaga, and Miley Cyrus, is shifting focus from large-scale commercial spectacles to more personal artistic projects. A new monograph and retrospective at the Cooper Hewitt, titled "An Atlas of Es Devlin," catalogues her three-decade career, while her latest installation "Surfacing," commissioned by BMW and unveiled at Art Basel 2024, marks a turn toward fine art. Devlin, now 50, describes this phase as a liberating new chapter where she feels "nothing to lose."

With her monumental frescoes and trompe-l'œil, Lucy McKenzie offers a "critical archaeology" of modernity

Avec ses fresques monumentales et ses trompe-l’œil, Lucy McKenzie offre une “archéologie critique” de la modernité

Scottish artist Lucy McKenzie has opened a major solo exhibition titled "Plastic Newspaper" at the Crac Occitanie in Sète, France. This is her first large-scale personal exhibition in the country. The show features monumental frescoes, trompe-l'œil, and immersive installations, including a full-scale fake sports shop facade created with her fashion label Atelier E.B. It represents the third stage of a cycle exploring the origins of mass media, examining 19th-century entertainment devices like panoramas and dioramas.

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Sotheby's is offering Gustav Klimt's "Portrait of Elisabeth Lederer" (1914-1916) from the estate of the late collector and philanthropist Leonard Lauder with an asking price exceeding $150 million. The consignment also includes two Attersee landscapes valued at over $70 million and $80 million respectively, potentially generating over $300 million from just three lots. This sale follows Ronald Lauder's record-setting $135 million private purchase of Klimt's "Portrait of Adele Bloch-Bauer I" in 2006, and is guaranteed to set a new auction record for the artist, surpassing the current $108.8 million benchmark.

young dealers old masters art market

A new generation of young gallerists is revitalizing the art market by specializing in historical art forms—from ancient jewelry and Old Master drawings to Art Deco and overlooked women Impressionists. The article profiles seven dealers who launched their businesses between ages 22 and 41, with half based in London. Notable figures include Pauline Pavec and Quentin Derouet (co-founders of Pavec, focusing on 19th- and 20th-century women artists), Baron Lorne Thyssen-Bornemisza (Kallos Fine Jewellery, ancient jewelry), and Maxime Flatry (20th-century art and design). Two of the dealers will exhibit at Frieze Masters this October, directed by Emanuela Tarizzo, who emphasizes that collectors and institutions increasingly seek cross-century narratives.

14 best galleries in NYC to visit

This article lists 14 of the best art galleries to visit in New York City, highlighting major commercial spaces such as Hauser & Wirth, Gagosian Gallery, David Zwirner, Gladstone Gallery, Greene Naftali, Cavin-Morris Gallery, and Neue Galerie. It describes each gallery's location, specialty, and notable represented artists, from blue-chip contemporary stars to historical figures and self-taught visionaries.

2026 Guggenheim Fellowships Go to Sonya Clark, John Miller, and American Artist

The John Simon Guggenheim Memorial Foundation has announced its 101st class of fellows, awarding 223 scholars and artists across 55 disciplines for 2026. Selected from a pool of nearly 5,000 applicants, the new cohort includes prominent visual artists such as Sonya Clark, John Miller, American Artist, and Kota Ezawa. The fellowships provide significant financial grants to individuals who have demonstrated exceptional capacity for productive scholarship or exceptional creative ability in the arts.

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Artnet News asked leading curators and museum directors to share their favorite artworks of all time. Connie Butler of MoMA PS1 chose David Hammons's "Bliz-aard Ball Sale" (1983), praising its connection from Duchamp to AI. Julieta Gonzalez of the Wexner Center selected Hans Holbein the Younger's "The Ambassadors" (1533), highlighting its anamorphic skull as a metaphor for viewing modernity from the margins. Madeleine Grynsztejn of MCA Chicago picked Francisco Goya's "A Pilgrimage to San Isidro" (1819–23) from his Black Paintings cycle, calling it a metaphor for fanaticism.

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Mattel and the Museum of Modern Art (MoMA) have announced a five-year global partnership, launching their first collaborative collection of seven MoMA-inspired Barbie dolls. The debut lineup includes a Van Gogh Barbie featuring a gown inspired by *Starry Night* (1889), alongside other dolls drawing from iconic artworks. This new collection follows Mattel's earlier 2015 Museum Collection, designed by Linda Kyaw, which included Barbies styled after works by Gustav Klimt, Leonardo da Vinci, and Vincent van Gogh, such as a Da Vinci Barbie modeled after the *Mona Lisa* and a Klimt Barbie based on *Portrait of Adele Bloch-Bauer I* (1907).

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A Gustav Klimt painting, *Portrait of Elisabeth Lederer* (1914), sold for $236.4 million at Sotheby’s in New York, setting a new auction record for the artist and becoming the most expensive work ever sold at Sotheby’s as well as the most expensive Modern artwork at auction. The work was part of a sale dedicated to the collection of the late art patron Leonard Lauder, who died in June at age 92. The bidding lasted about 20 minutes, with Sotheby’s auctioneer Oliver Barker opening at $130 million; the winning bid of $205 million came from Sotheby’s staffer Julian Dawes, representing a phone client. The sale included two dozen works from Lauder’s trove, which also featured three Klimt paintings and six Henri Matisse bronzes.

Jon Batiste, Troye Sivan, and Amy Sherald lead a Met Gala 2026 rooted in art-historical homage.

The 2026 Met Gala, held at the Metropolitan Museum of Art, centered on the theme "Fashion Is Art," marking the opening of the Costume Institute's spring exhibition "Costume Art." Attendees including Jon Batiste, Troye Sivan, and artist Amy Sherald interpreted the dress code through art-historical references, with Sivan wearing Prada to channel Robert Mapplethorpe. The event brought together fashion, art, entertainment, and high society to make a deliberate case for fashion as a legitimate art form.

Korea’s first privately owned Van Gogh unveiled at newly opened museum

Hong Gyu Shin, a New York-based gallery owner originally from Ulsan, South Korea, became the first named Korean to purchase a Van Gogh when he acquired *Head of a Peasant* (January-March 1885) at Sotheby’s in May 2024 for $787,000—well below its estimate. The painting has now gone on display at the newly opened KAIST Art Museum (KAM) in Daejeon, South Korea, as part of Shin's exhibition *The Vault of Masterpieces* (until 30 August). The show features 49 works from his personal collection, including a recreation of his New York apartment, and marks the first time a Van Gogh has been exhibited on loan from a Korean collector.

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Eva, one half of the German artist duo EVA & ADELE, has died. Her passing was announced on the couple's Instagram page on Wednesday, with the German press agency dpa reporting that she died in Berlin after surgery on her lumbar spine. Eva never revealed her true age; the couple's representative, Galerie Nicole Gnesa, stated in an obituary that she was 34 years, one month, and 10 days old—using her chosen wedding day as her birthday. EVA & ADELE were known for treating their lives as a performance, appearing publicly in matching outfits to blur gender binaries and individuality, and were fixtures at major art events like the Venice Biennale, Documenta, and Manifesta.

Who’s Showing What—and What They Love—at Market Art Fair

Market Art Fair in Stockholm celebrated its 20th edition, the largest to date with 150 exhibitors, after moving from Liljevalch’s to Magasin 9, a former warehouse at the city’s port. The fair, founded in 2006 as a joint Nordic initiative, expanded its scope in 2025 to include international presentations. During the preview day, Malin Ebbing captured exhibiting artists, gallerists, and notables with her Polaroid, asking about their work and favorite booths. Artists such as Arvida Byström, Hans Berg, Sigrid Soomus, and Gabriel Karlsson discussed their artistic expressions and discoveries at the fair, with many gallerists reporting significant sales.

David Bowie Centre, Bukhara Biennial, Hilton Als on Jean Rhys, Hurvin Anderson and Kara Walker—podcast

The latest episode of The Art Newspaper's podcast 'The Week in Art' covers three major stories. Host Ben Luke tours the newly opened David Bowie Centre at the V&A East Storehouse in London, a permanent repository for thousands of items from Bowie's archive, discussing the displays with curator Madeleine Haddon. The episode also reports on the inaugural Bukhara Biennial in Uzbekistan, with art market editor Kabir Jhala delivering a verdict from the opening and curator Diana Campbell offering insights. Finally, the podcast features a 'Work of the Week' segment on two paintings—Hurvin Anderson's 'Untitled' (2025) and Kara Walker's 'West Indies' (2014)—shown in an exhibition at Michael Werner Gallery in London curated by critic and writer Hilton Als, which explores the life and work of Dominican-born writer Jean Rhys.

Art Paris: A Better Result Than Expected

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The 28th edition of Art Paris concluded with stronger-than-expected sales despite a sluggish start and a volatile global climate. Featuring 165 galleries, the fair solidified its position as a key regional event for French collectors, offering a price range typically between €10,000 and €40,000. While mega-galleries like Almine Rech participated with accessible works, the fair also welcomed newcomers like Esther Schipper and In Situ-Fabienne Leclerc, who reported positive results across various media including ceramics, photography, and painting.

“Iter Subterraneum” / Bergen Kunsthall, Bergen by Adele Seip

Bergen Kunsthall has launched "Iter Subterraneum," a group exhibition inspired by Ludvig Holberg’s 1741 satirical novel about a man who falls through a cave in Bergen into a subterranean world. The show features ten international artists, including Robert Gabris, Anicka Yi, and Cecilia Fiona, whose works span video, sculpture, and performance. By pairing historical editions of Holberg’s book with contemporary installations, the exhibition explores themes of displacement, collective existence, and the blurring of lines between human and non-human life.

Statement of Withdrawal from Visitor Lion Awards

art mcc chicago madeleine grynsztejn director

Madeleine Grynsztejn, director of the Museum of Contemporary Art Chicago (MCA) since 2008, has announced she will step down at the end of 2025 after 18 years in the role. During her tenure, she oversaw an $82 million renovation, record attendance, major exhibitions including Kerry James Marshall's first museum retrospective and a Takashi Murakami show, and initiatives for gender parity in the collection. She also tripled the museum's endowment and nearly doubled its operating budget through donor engagement.

Gustav Klimt portrait sells for about R4 billion, breaking modern-art auction records

Gustav Klimt's portrait "Portrait of Elisabeth Lederer" (1914–1916) sold for $236.4 million (about R4 billion) at a Sotheby's auction in New York, becoming the most expensive modern artwork ever sold at auction and the second most expensive painting in history, behind only Leonardo da Vinci's "Salvator Mundi." The sale, which featured works from the estate of billionaire collector Leonard Lauder, unfolded in a tense 20-minute bidding war among six collectors. The painting had been hidden from public view since the 1980s. The same auction also saw Maurizio Cattelan's 18-karat gold toilet "America" sell for over $12 million.