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.

Zoe Leonard Departs Hauser & Wirth for New York’s Maxwell Graham Gallery

Zoe Leonard, a celebrated conceptual artist whose work will appear at the Venice Biennale next week, has left Hauser & Wirth—a global gallery with 14 locations—to join Maxwell Graham, a smaller New York-based gallery known for spare conceptual presentations. Leonard will continue to be represented by her longtime galleries, Cologne’s Galeria Gisela Capitain and Milan’s Raffaella Cortese. Maxwell Graham staged its first Leonard exhibition last year with “Display,” featuring photographs of historical objects in museums. Leonard is the second artist to depart Hauser & Wirth in the past year, following George Condo’s exit in November.

LA’s The Box Gallery to Close After 19 Years

The Box, a prominent Los Angeles gallery, announced it will close after 19 years, with its final exhibition—a two-venue collaboration with Parker Gallery for late California artist Wally Hedrick—ending April 4. The closure will be marked by a fashion show for Johanna Went on June 6. Founder Mara McCarthy cited a combination of factors, including changing economics around support for her father Paul McCarthy's work and the loss of her family's homes in the January 2025 Eaton fire, as making continued operation impossible.

The Box Shutters in Los Angeles After Nearly Two Decades

The Box, a pioneering Los Angeles gallery known for its nonprofit-style support of experimental and performance art, has announced its closure after nearly two decades. Founded in 2007 by Mara McCarthy, the gallery’s final exhibition featured late California painter Wally Hedrick, and a closing event will include a fashion show by Johanna Went. Mara McCarthy cited the shifting market for her father Paul McCarthy’s work and the loss of family homes in the Eaton Fire as factors behind the decision.

Art Fair Report: Stress Test

Art Basel Hong Kong 2026 drew 91,500 visitors and featured 240 galleries at the Convention and Exhibition Centre, alongside over 100 galleries at Art Central, three new boutique fairs, four new art spaces, multiple auction previews, and dozens of institutional shows and gallery openings. Despite a challenging 2025 that saw mega-galleries Pace and Perrotin close their Hong Kong spaces and auction results hit an eight-year low, blue-chip galleries reported strong sales, including David Zwirner’s USD 3.8 million sale of Liu Ye’s "Snow White" (2006) and Hauser & Wirth’s USD 2.95 million sale of a Louise Bourgeois work. The prevailing sentiment among collectors and gallerists was cautious optimism, with the phrase "Are you surviving?" overheard frequently.

What Does Damien Hirst Have to Do With This Giant McDonald’s Ball Pit in Milan?

An installation called "POOL. Ti sblocco un ricordo" was on view during Milan Design Week, organized by Nicolas Ballario and presented as part of the Tortona Rocks offsite exhibitions. The centerpiece is a giant swimming pool-shaped pit filled with hundreds of thousands of colorful balls, celebrating McDonald's 40th anniversary in Italy. The installation claims to be "informed by" Damien Hirst's "Spot Paintings" and also features a work from Vedovamazzei's "Early Works" series, which imagines how famous artists might have drawn as children. Other elements include vitrines of Happy Meal toys, a Ronald McDonald replica, and nostalgic McDonald's memorabilia.

Eyecatchers and Discoveries

Eyecatcher und Entdeckungen

The 42nd edition of Art Brussels has scaled down to 138 exhibitors from 165 in 2025, responding to a sluggish contemporary art market and economic uncertainty. The fair introduces a new section called 'Horizonte,' curated by Devrim Bayar of Kanal Centre Pompidou, featuring six large-scale installations including Pao Hui Kao's delicate paper-and-lacquer refuge and Oswald Oberhuber's €380,000 panoramic painting 'Paradiesgarten.' Galleries are now consolidated into one hall, with fewer blue-chip participants but a continued focus on living artists (95% of the 500 shown). Notable presentations include Xavier Hufkens' solo show of Cassi Namoda, Krinziger's works by Marina Abramović and Monica Bonvicini, and Richard Saltoun's historical mix of Fernand Khnopff, Everlyn Nicodemus, and Suzanne Van Damme.

Jarvis Cocker Is Bringing His Eclectic Eye to the Hepworth Wakefield

Musician Jarvis Cocker and his wife, creative consultant Kim Sion, will curate an exhibition titled “The Hodge Podge” at the Hepworth Wakefield in the U.K., opening in May 2027. The show will feature artworks selected by the couple that challenge conventional definitions of art, spanning diverse media and time periods, with artists including Peter Doig, Barbara Hepworth, Jeremy Deller, and Emma Kunz. The exhibition will be bookended by an immersive Dreamachine, a 1959 light-art device by Brion Gysin and Ian Sommerville. Cocker and Sion have outlined their curatorial philosophy in a Hodge Podge Manifesto, celebrating beauty in chaos and disorder.

Andy Warhol | Original Exhibition Poster (2021) | For Sale

An original Andy Warhol exhibition poster from 2021 is being offered for sale by Baldwin gallery, with locations in London, Miami, and Dubai. The offset lithograph on paper measures 19.7 × 27.6 inches, is in mint condition, unsigned, and includes a Certificate of Authenticity. Priced at £650, the work ships from London with domestic shipping at £45 and international at £55, and is covered by the Artsy Guarantee.

Blue-Chip Names Anchor Showplace’s Art and Design Auction

New York's Showplace is hosting its Important Fine Art and Design Auction on May 14, 2026, featuring 145 lots that span Old Masters to contemporary works. Key highlights include Yayoi Kusama's *Infinity Nets* (1995, est. $100,000–$200,000), Otis Kwame Kye Quaicoe's *Yellow Fanny Pack* (2021, est. $12,000–$18,000), Alexander Calder's *Paradis* (1976, est. $60,000–$80,000), Henri Martin's *L'Eglise de Labastide-du-Vert* (est. $60,000–$80,000), and Milton Avery's *Untitled (Winter Landscape Scene)* (est. $20,000–$40,000). The auction brings together blue-chip names like Warhol, Kusama, and Calder alongside emerging artists.

London Dealer Stephen Friedman Owes $10.6 M. to Dozens of Creditors, Including Artists Deborah Roberts and Kehinde Wiley

London-based gallery Stephen Friedman has accumulated debts of approximately $10.6 million, according to official documents filed with Companies House. Creditors include Coutts & Co. bank (£3.2 million), Pentland Group Ltd. (£1.4 million), the UK tax authority, the Pollen Estate, art logistics company Crozier, and several prominent artists—Alexander Diop (£341,905), Deborah Roberts (£289,232), and Kehinde Wiley (£163,849). The gallery closed its New York space in November 2024 after just two years, then abruptly shut its London location and entered insolvency proceedings in February 2025, shortly after pulling out of Art Basel Qatar. A restructuring proposal by FRP Advisory was approved on 22 April.

Tracey Emin | Even Saying Nothing Is a Lie (2021) | For Sale

Tracey Emin's 2021 lithograph "Even Saying Nothing Is a Lie" is being offered for sale by Hang-Up Gallery in London for £8,500. The limited-edition print, hand-signed and numbered by the artist, measures 37 × 29 1/10 inches and comes framed. Emin, a leading Young British Artist known for her confessional works such as "My Bed" (1998), has exhibited globally at institutions including the Mori Art Museum, Whitney Museum, and Stedelijk Museum, and her work is held by major collections like Tate and MoMA.

Natasha Tontey to Unveil Major New Immersive Installation Exploring Indigenous Resistance During Venice Biennale

Artist Natasha Tontey will unveil a major immersive installation titled "The Phantom Combatants and the Metabolism of Disobedient Organs" during the Venice Biennale at the Ateneo Veneto di Scienze, Lettere ed Arti. Jointly commissioned by Berlin’s LAS Art Foundation and Helsinki’s Amos Rex, the work combines video, sound, light, and sculpture to reimagine the story of Len Karamoy, a combatant in the CIA-supported Permesta movement that fought the Indonesian government from 1957 to 1961 in North Sulawesi. Tontey, a Minahasan Indigenous artist, uses LiDAR, quantum ghost imaging, and other technologies to explore Indigenous identity, ecology, and the blurring of history and myth.

Valerio Adami | Valerio Adami @Miart 2026 (2026) | Art & Prints

Valerio Adami, a prominent Italian painter born in 1935, is offering a new acrylic-on-canvas work titled "Valerio Adami @Miart 2026" (2026) through Dep Art Gallery. The painting, sized 198 × 147 cm, is a unique piece accompanied by a certificate of authenticity. Adami is known for his graphic, comic-inspired narrative figuration, with works held in major museums including MoMA, Centre Pompidou, and the Art Institute of Chicago.

Forgotten 'environment' of 11 women artists brought back to life at Leeum

The Leeum Museum of Art in Seoul has opened "Inside other spaces: Environments by women artists 1956-1976," an exhibition restoring immersive artworks by 11 women artists from Asia, Europe, and South America, including Jung Kang-ja, Judy Chicago, Tsuruko Yamazaki, and Aleksandra Kasuba. The show revives pieces that were often dismantled after their original displays, such as Jung Kang-ja's "Incorporeal Exhibition," which was destroyed in 1970 after being deemed political propaganda under South Korea's authoritarian regime. Curators Andrea Lissoni and Marina Pugliese, who first organized the project at Haus Der Kunst in Munich, worked with researchers to reconstruct the works using archival materials, correspondence, and blueprints.

Alexander Calder Thought 'It Would Be Fun' to Set Abstract Art in Motion. His Mesmerizing Mobiles Transformed the Definition of Sculpture

A major exhibition titled "Calder: Dreaming in Equilibrium" has opened at the Fondation Louis Vuitton in Paris, showcasing 300 works by Alexander Calder, including his pioneering mobiles, stabiles, paintings, drawings, and wire portraits. The show marks 100 years since the artist's arrival in France in 1926 and 50 years since his death in 1976. It features iconic pieces such as the 19-foot-long mobile *Triumphant Red* (1963) and his earliest known kinetic sculpture—a brass duck from 1909—alongside works by contemporaries like Barbara Hepworth, Pablo Picasso, and Paul Klee, as well as photographs by Man Ray, Agnès Varda, and Gordon Parks.

Hunt Slonem | Me (2022) | For Sale

Hunt Slonem's painting "Me" (2022), a small oil-on-wood work from his signature Bunnies series, is listed for sale at $8,000 through OA Fine Art in Paris and Hong Kong. The piece measures 10 × 8 inches, is hand-signed and dated by the artist, and comes with a certificate of authenticity. Slonem, born in 1951, is known for Neo-Expressionist paintings featuring repeated birds, bunnies, and butterflies, influenced by Andy Warhol's Pop art seriality.

The Guardian view on the legacy of the Festival of Britain: look to the future | Editorial

The Guardian editorial reflects on the 75th anniversary of the Festival of Britain, launched by King George VI on 3 May 1951 as a "tonic" for a war-weary nation. It highlights the festival's most enduring legacy: the construction of the South Bank, including the Royal Festival Hall, which later became the Southbank Centre—the UK's largest arts complex. This summer, commemorations include poems from London schoolchildren projected onto its walls and a mobile poetry library visiting coastal towns, recreating the journey of the repurposed naval ship Campania. The festival, a triumph for the Labour government, faced critics like Evelyn Waugh and Noël Coward, and much of its physical infrastructure was demolished by the incoming Conservative government, save for the Royal Festival Hall.

Why London’s Whitechapel Gallery Hired an Economist

London's Whitechapel Gallery has appointed economist Mariana Mazzucato as its first economist-in-residence, a three-year role aimed at rethinking how museums generate revenue and demonstrate social value. The gallery faces a £880,458 deficit, a 325% increase from the previous year, due to declining exhibition income, reduced trust and foundation funding, and cuts in Arts Council England grants. Mazzucato, a professor at University College London and director of the Institute for Innovation & Public Purpose, will advocate for treating culture as a strategic public investment.

​​​​Art Movements: Curators Named for El Museo's Latine Art Survey

El Museo del Barrio has announced the curatorial team for the 2027 edition of La Trienal, its landmark survey of Latine contemporary art. The show will be organized by Susanna V. Temkin, interim chief curator at the museum; Zuna Maza, assistant curator; and guest curator Kaitlin Garcia-Maestas, formerly of Socrates Sculpture Park. In other biennial news, Amanda Carneiro and Raphael Fonseca were named chief curators of the 37th Bienal de São Paulo, the jury of the 61st Venice Biennale resigned after omitting Russia and Israel from awards consideration, and Marcello Dantas was appointed senior curator of the Vancouver Biennale. Hedwig Fijen will step down as director of Manifesta, with Emilia van Lynden and Catherine Nichols taking over in a new co-leadership model. Janne Sirén will resign as director of the Buffalo AKG Art Museum, Kate Kraczon was named chief curator at the Montclair Art Museum, and Charlie White was appointed dean of WashU’s Sam Fox School of Design & Visual Arts. Marina Abramović has designed wine labels for the Ornellaia estate, with limited-edition bottles to be auctioned by Bonhams to benefit the Guggenheim Pop exhibition.

Sur Arte Radio et dans une expo, l’enquête d’Adrianna Wallis sur les traces de sa grand-mère peintre spoliée par les nazis

Artist Adrianna Wallis (born 1981) discovers that her paternal grandmother, painter Diane Esmond (1910–1981), was a victim of Nazi looting during World War II. After being contacted by historians Patricia Helletzgruber and Sophie Juliard, Wallis learns that much of Esmond's work was systematically destroyed by the ERR, the Nazi organization responsible for art theft in occupied countries. This revelation sparks a personal investigation that becomes a podcast for Arte Radio titled "Il restera la gravité," blending documentary, autobiographical inquiry, and sound installation. Wallis delves into archives, examining microfilms and lists that detail 46 of Esmond's paintings—each methodically described and declared destroyed, such as "Woman in blue evening dress: annihilated."

Au Louvre, l’ambitieuse restauration du cycle de Marie de Médicis

The Louvre Museum in Paris is undertaking an ambitious restoration of Peter Paul Rubens's monumental cycle of 24 paintings depicting the life of Marie de Médicis. The project, which will take four years and cost €4 million funded by the Société des Amis du Louvre, begins this autumn with the paintings being restored in situ in the Médicis Gallery. The gallery will close in May to prepare the space as a restoration workshop, where two teams of 10–15 restorers will work simultaneously on cleaning, relining, and filling gaps. The last major restoration of the cycle dates to the 1950s, and recent diagnostics revealed yellowed varnish, discordant repaints, and flaking paint layers that risk irreversible loss.

This Y/Project Suit Defines The Met’s “Costume Art” Exhibition

The Metropolitan Museum of Art has announced its 2026 exhibition "Costume Art," which will inaugurate the new Condé M. Nast Galleries. Curator Andrew Bolton explains the show will focus on the dressed body's connection to art history, emphasizing materiality and corporeality over visuality. A key preview piece is a Y/Project suit from FW22, designed by Glenn Martens and Jean Paul Gaultier, featuring a trompe-l'oeil nude male figure that will be displayed alongside a 1st–2nd century CE marble statue of Diadoumenos. Other sections include "The Naked Body," "The Aging Body," and "The Anatomical Body."

National Museum of Asian Art Opens New Exhibition in June About Its Origin Story

The Smithsonian's National Museum of Asian Art will open a new exhibition titled "A Museum in the Making" on June 27, 2026, running through August 8, 2027. The show explores the origin story of the Freer Gallery of Art, America's first national art museum, by examining how collector Charles Lang Freer used his Detroit home as a living laboratory for museum design. It highlights collaborations with artists and architects, including James McNeill Whistler, Stanford White, and Mary Chase Perry Stratton, and features a video walkthrough of the Freer House. The exhibition is part of the nation's 250th anniversary celebrations and the Smithsonian's broader "Our Shared Future" initiative.

What else is happening

Was sonst noch geht

Ahead of the Gallery Weekend Berlin (May 1–3), the city is buzzing with parallel exhibitions that extend far beyond the official gallery circuit. The fourth edition of the Sellerie Weekend opens over 75 independent Off-Spaces from April 30 to May 3, featuring performances, curated tours, and a kickoff event with artist Sophia Süßmilch at the Spoiler project space. The Paper Positions art fair returns to Tempelhof Airport (April 30–May 3) with 70 international galleries specializing in works on paper, including artists like Annegret Soltau, Una Ursprung, and Stefanie Moshammer. Meanwhile, the art initiative House presents the group show "Gravity Ease Contract" in the Berghain heating plant hall (May 1–24), curated by David Douard, with works by Susan Philipsz, Julia Scher, and others. Finally, collectors Karen and Christian Boros unveil "Berlin Bunker #5" in their bunker-turned-museum, featuring recent acquisitions by Pol Taburet, Sung Tieu, and Jill Mulleady.

Michael Jackson Accessories Hit the Market Amid Biopic Buzz

GWS Auctions is offering nine pieces of Michael Jackson memorabilia in a May 2 sale, including a signed pair of the late singer's Florsheim loafers. The auction features 734 items from the collection of Prince Lorenzo de' Medici, with highlights such as a crystal-studded white glove from Jackson's 1984 Victory tour and Swarovski-embellished socks from his Dangerous tour. The loafers, authenticated by Jackson's assistant Rosemary Chavira, carry a starting bid of $7,500, and the sale coincides with the record-breaking opening weekend of a new Michael Jackson biopic.

Rare Roy Lichtenstein Work Could Net $60 Million at Auction

A long-lost Roy Lichtenstein painting from his iconic 'Girl' series, *Anxious Girl* (1964), has resurfaced after more than 30 years in a private collection and will be offered at Christie’s 20th Century Evening Sale in New York on May 18. The work, one of only 10 comic-inspired female portraits Lichtenstein produced during his breakthrough period between 1963 and 1965, carries an estimate of $40–60 million. The consignor acquired it from legendary Pop art patrons Horace and Holly Solomon over three decades ago.

8 Art Films Worth Watching in May

8 Kunstfilme, die sich im Mai lohnen

Monopol magazine presents eight art films worth streaming in May, including a documentary featuring 40,000 slides from critic Jerry Saltz capturing the 1990s New York art scene, Shirin Neshat's film "Women Without Men" about women in 1953 Tehran, Christian Petzold's new film "Miroirs No. 3," and a documentary on the Shroud of Turin. The roundup also includes a politically charged drama directed by Yael Bartana and a Dada-metal film, offering a diverse selection of art-related cinema.

A New York si è svolta un’asta di oggetti di design con risultati clamorosi (specchi da 30 milioni e altro ancora)

On April 22, 2026, Sotheby's in New York auctioned the first part of the Jean and Terry de Gunzburg collection, comprising around 125 exceptional design and contemporary art pieces. The sale, held at the Breuer Building, achieved a complete sell-out and became the most valuable design auction ever in the United States, totaling $96 million. A highlight was a new auction record for Claude Lalanne: a set of fifteen mirrors originally commissioned by Yves Saint Laurent sold for over $30 million, surpassing the previous record set by her husband François-Xavier Lalanne's Hippopotame Bar.

Painting LACMA's David Geffen Galleries with Light, Shadow, and Color

LACMA's new David Geffen Galleries, designed by architect Peter Zumthor, feature custom-tinted concrete walls that break from traditional museum aesthetics. The walls are coated with a transparent, nano-scale mineral glaze developed by Zumthor and Swiss craftsman Marius Fontana, manufactured by German company Keim. The palette—dusky red, vibrant blue, and nuanced black—was inspired by ancient Indigenous American pigments prepared by artist Porfirio Gutiérrez for the museum's exhibition "We Live in Painting: The Nature of Color in Mesoamerican Art." Diana Magaloni, LACMA's Senior Deputy Director for Conservation, Curatorial and Exhibitions, led the conceptualization and application of the glazes, which are designed to enhance the building's interplay of light and shadow without obscuring its raw concrete surfaces.