Rare ‘Ocean Dream’ Diamond Sells for Record $17.3 Million at Christie’s

A rare 5.5-carat blue-green diamond known as the 'Ocean Dream' sold for $17.3 million at Christie’s Geneva jewelry sale, setting a record for a fancy vivid blue-green diamond at auction. The sale far exceeded its presale estimate of $9 million to $13 million after a 20-minute bidding battle. In other auction news, Sotheby’s New York sold over $433 million worth of art in its contemporary art sales, including 11 pieces from the Robert Mnuchin collection. Meanwhile, London’s Wellcome Collection agreed to return around 2,000 sacred Jain manuscripts to the Jain religious community under a new restitution framework, acknowledging they were acquired unethically. Several art fairs were announced, including Zero 10 curated by Trevor Paglen at Art Basel in Switzerland, CAN Art Fair Ibiza’s fifth edition, and Art-o-rama’s 20th edition in Marseille. Notable gallery news includes the bankruptcy and closure of French gallery Air de Paris after 36 years, and Carine Karam becoming director of Opera Gallery’s New York outpost. Hong Kong’s M+ and Paris’s Centre Pompidou announced a multi-year strategic alliance, and New York’s Frick Collection entered a three-year partnership with Louis Vuitton.

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Kenny Schachter's column reports on the fallout at Michael Werner Gallery following the departure of star artist Peter Doig. Co-owner Gordon VeneKlasen is accused of expensing luxury items—including private jets, Hamptons helicopter rides, and even a solo helicopter trip for his Labrador Retriever—while the gallery faced financial strain. The partnership is dissolving, with VeneKlasen moving to Los Angeles to open his own gallery and listing his West Village home for $20 million. Meanwhile, Schachter also notes Pace Gallery's financial troubles, with founder Arne Glimcher stepping in to stabilize operations.

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Art Basel Miami Beach opened its VIP preview on Wednesday with strong early sales, including multiple seven-figure deals. Major galleries like Hauser & Wirth, White Cube, Gladstone, and Pace reported significant sales, with a $3.9 million George Condo painting leading the pack. The fair introduced a new digital-art section called Zero 10, featuring works by Beeple, which drew large crowds. Collectors such as Craig Robins, Mera and Don Rubell, Norman Braman, and Beth Rudin DeWoody were among the early attendees, and the event featured high-profile works by Jeff Koons and Maurizio Cattelan.

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Frieze New York 2025 is set to take place at the Shed in Manhattan, bringing together over 65 contemporary art galleries from more than 25 countries. The fair coincides with major institutional shows at the Guggenheim, Whitney Museum, and the Metropolitan Museum of Art, as well as the recent reopening of the Frick Collection after a $220 million renovation. Notable galleries include Gagosian, Hauser & Wirth, Pace, and David Zwirner, alongside international dealers like Goodman Gallery and Kurimanzutto. The Focus section, curated by Lumi Tan, features 12 young galleries. On the eve of the fair, Frieze itself was sold by Endeavor to former CEO Ari Emanuel for a reported $200 million.

Process Is the Point at IFPDA Print Fair

The International Fine Prints and Drawings Association (IFPDA) Print Fair returned to New York’s Park Avenue Armory, featuring 80 global galleries, publishers, and print studios. The event showcased a diverse range of works, from 19th-century Japanese ukiyo-e masterworks by Hokusai to contemporary pieces by artists such as Kiki Smith, Julie Mehretu, and David Hockney. Notable highlights included Kiki Smith’s massive 12-foot watercolor "Wooden Moon" and Paula Rego’s influential abortion etchings, which were recently acquired by the Metropolitan Museum of Art.

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Frieze Los Angeles returns to a city landscape significantly altered by both commercial development and recent environmental tragedy. While blue-chip galleries like David Zwirner, Marian Goodman, and Lisson have established new strongholds in districts like Melrose Hill and Hollywood, the local community is simultaneously reeling from devastating January wildfires that displaced numerous artists and collectors. This guide provides a strategic roadmap for navigating the sprawling city's geography, highlighting key exhibitions such as Bruce Nauman at Marian Goodman and a 90-artist benefit show for fire victims.

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Spring 2025 in New York City brings a dense calendar of art fairs, headlined by Frieze New York at The Shed (May 7–11) with over 65 galleries from 25 countries, and Independent at Spring Studios (May 8–11) which this year surpasses Frieze in size with 85 exhibitors. Other notable fairs include the 1-54 Contemporary African Art Fair celebrating its 10th year with a focus on the Caribbean diaspora, the experimental SPRING/BREAK Art Show, and NADA New York featuring 120 galleries and a spotlight on Texas and Mexico. The guide also mentions newer showcases like Esther II and Conductor, offering a comprehensive overview for collectors and art enthusiasts navigating the city's art week.

A Brush With... Hurvin Anderson—podcast

British painter Hurvin Anderson discusses his artistic journey and the cultural influences that shape his work in a new interview. Born in Birmingham to Jamaican parents, Anderson creates atmospheric paintings that explore the textures of memory and the diasporic experience, often blending imagery of Britain and the Caribbean to reflect the feeling of being in one place while thinking of another.

Our pick of the best museum and gallery shows to see in Chicago this spring

Chicago’s spring art season features a diverse array of exhibitions, highlighted by Dabin Ahn’s solo debut at Document, which explores memory and grief through fractured canvases and Korean ceramics. The Art Institute of Chicago is hosting a tribute to the late Lucas Samaras, showcasing his experimental Polaroid self-portraiture, while the Museum of Contemporary Art Chicago (MCA) launches an ambitious group show examining the political and cultural impact of dancehall and reggaetón.

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Mnuchin Gallery, a blue-chip art gallery on Manhattan's Upper East Side, will close at the end of February after 34 years, following the death of its founder Robert Mnuchin in December at age 91. The gallery, known for museum-quality exhibitions of Modern and postwar art, concluded its final show—a survey of Julian Schnabel's plate paintings—on Saturday. Partner Michael McGinnis said the decision to close was made to end on a high note, honoring Mnuchin's passion and vision.

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Artnet News recaps the defining trends of 2025 in the art world, highlighting five key stories. These include the resurgence of elaborate frames in contemporary art ("Bordercore"), the rise of "red-chip art" favored by a new breed of flashy collectors, a "para-pastoral" movement that twists idyllic rural scenes into unsettling visions, and the growing popularity of small-scale paintings driven by intimacy and market shifts.

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The estate of Robert Colescott, the influential American painter who died in 2009, has signed with Gladstone Gallery for representation. Gladstone will debut Colescott's work at Art Basel Miami Beach next month and mount its first solo exhibition for the artist in 2025. Colescott is best known for satirical, large-scale paintings like "George Washington Carver Crossing the Delaware: Page from an American History Textbook" (1975), which critiques the exclusion and caricaturing of Black figures in American history and art. The estate sought new representation after its longtime gallery, Blum, closed this summer. Gladstone senior partner Max Falkenstein said the gallery had long admired Colescott and that the partnership felt like a natural fit given the gallery's focus on identity and politics.

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The United States Pavilion at the upcoming Venice Biennale faces an uncertain future after a proposal by artist Robert Lazzarini and independent curator John Ravenal collapsed. The proposal, selected by the US State Department in early September, fell through when the University of South Florida’s Contemporary Art Museum declined to sign the contract, citing a shortened timeline and financial obligations. Ravenal attributed the breakdown to bureaucratic misalignment rather than ideological disagreement, while the State Department declined to comment. The selection process also shifted this year, with the National Endowment for the Arts excluding itself due to staffing transitions, leaving the State Department to handle it alone.

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A major survey of Donald Locke's work, titled "Resistant Forms," has opened at Spike Island in Bristol, England, in collaboration with Ikon Gallery in Birmingham and Camden Art Centre in London. Featuring over 80 works spanning five decades, the exhibition includes early biomorphic ceramics, monochromatic black paintings from the 1970s, collage paintings, mixed-media sculptures, and personal writings and photographs. Highlights include the black paintings series addressing colonial subjugation, such as "The Cage" (1976–79), and later whimsical works like "Reconstructed Bottle with Pearls #11 (Pearls for Mahalia)" (2008). The show traces Locke's journey from his birth in Guyana, his time in the UK as part of the Windrush Generation, and his eventual move to the US, where he lived until his death in 2010.

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Gordon Robichaux, a gallery located on the ninth floor of a high-rise in New York's Union Square, has opened two exhibitions dedicated to the late artist and curator Jenni Crain, who died suddenly from Covid-19 in 2021 at age 30. The shows feature an unrealized floor sculpture by Crain, completed by her foundation and collaborators, and an untitled exhibition including works by artists who influenced her, such as Tee Corinne, March Avery, and Kate Millett. The gallery is also dedicating its booth at Frieze New York to Crain, highlighting her role as a friend, curator, and salesperson during the gallery's early years.

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Tony Bechara, a Puerto Rican-born artist known for his intricate multicolored grid paintings and his long tenure as board chair of El Museo del Barrio, died on his 83rd birthday. His death was confirmed by the museum, though no cause was given. Bechara spent decades creating labor-intensive canvases built from thousands of hand-painted quarter-inch squares, exploring randomness and controlled chaos. Beyond his studio practice, he served as board chair of El Museo del Barrio for 18 years, was a trustee at the Brooklyn Academy of Music and the Brooklyn Rail, and championed the work of painter Carmen Herrera, helping to secure her a Whitney Museum survey in 2016.

‘What a fascinating challenge for an artist’: how Monet captured Venice in his twilight years

A major exhibition at San Francisco's de Young Museum, titled 'Monet and Venice,' brings together over 100 works, focusing on the two dozen paintings Claude Monet created during his only visit to the city in 1908. The show contextualizes his Venetian output with works by contemporaries like J.M.W. Turner, John Singer Sargent, and Pierre-Auguste Renoir, revealing that the trip was almost cancelled and was initially planned as a brief holiday.

The 5 Best Booths at Frieze New York 2026

Frieze New York 2026 opened its VIP day at The Shed on May 13, following the Venice Biennale's opening week. Now in its 15th edition, the fair anchors New York Art Week, a series of concurrent fairs, gallery openings, auctions, and parties that take over the city each May. The article highlights the five best booths at the fair, curated by Artsy Editorial.

Frieze New York Is an Assembly-Line Salad

At Frieze New York, curator Lucien Zayan searches for artworks exploring the relationship between food and art, finding a piece by Aki Goto at Europa gallery that reflects on sugar, colonization, and cavities. The fair features works like David Lamelas's "To Pour Milk into a Glass" (1972) from Dia Art Foundation and Mungo Thomson's "Snowman" (2023) at Karma, while a performance by Kite (Oglála Lakȟóta) at the Counterpublic triennial booth offers a reprieve from the monotonous fair experience.

The Paradoxical Delights of South America’s Biggest Art Fair

The 22nd edition of SP-Arte has opened at the Oscar Niemeyer Pavilion in São Paulo, featuring 180 exhibitors. As Latin America’s largest art fair, the event continues to serve as a critical bridge for 'South-South' artistic relationships, drawing international curators like the Met’s Brinda Kumar. Despite a slightly smaller footprint than previous years, the fair showcases a robust selection of Brazilian talent alongside international galleries navigating the country's complex market.

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A symposium organized by Anonymous Was A Woman, an arts nonprofit, was held at New York University to discuss findings from a new survey on the status of women artists. The survey, commissioned by the nonprofit and compiled by Julia Halperin and Charlotte Burns with SMU Data Arts, revealed that women artists face significant challenges including financial precarity, lack of studio space, and limited time to create art. Over 300 attendees heard panel discussions featuring artists like Coco Fusco, Steffani Jemison, and Judith Bernstein, followed by roundtables where 40 women professionals in the arts anonymously shared insights on community and resource gaps.

What’s Gone Wrong in the Glasgow Art Scene?

Rachel Ashenden surveys the precarious state of Glasgow's visual arts scene in March 2026, following the liquidation and closure of the Centre for Contemporary Arts (CCA) after years of mismanagement, a winter shutdown in 2024, and a protest by Arts Workers for Palestine Scotland that led to arrests. She visits artists and organizers across the city, including Rae-Yen Song's exhibition at Tramway, which evolved from a research show at the now-closed CCA, and speaks with Transmission co-founder Alastair Strachan about the city's artist-led legacy.

10 Must-See Shows During the Venice Biennale 2026

The 2026 Venice Biennale is embroiled in multiple controversies, including the cancellation and reinstatement of Australia's representative artist Khaled Sabsabi, ongoing calls to bar Israel from participating, criticism over allowing Russia to participate, and mounting voices to exclude the U.S. in response to President Donald Trump's actions in Iran. Despite these disputes, the article highlights that many of the city's most exciting shows will take place away from the main Biennale venues.

At the Guggenheim, Carol Bove Bends Metal—and Minimalism—to Her Will

At the Guggenheim, Carol Bove Bends Metal—and Minimalism—to Her Will

A major new exhibition of Carol Bove's work has opened at the Guggenheim Museum in New York. Titled "Carol Bove: The séance isn't over," the show features over two dozen of the artist's large-scale sculptures, many crafted from delicately arranged steel tubing and precariously balanced metal plates. The installations are strategically placed within the museum's iconic rotunda, creating a dynamic conversation with the Frank Lloyd Wright-designed spiral.

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The National Endowment for the Arts (NEA) has announced funding cuts to arts organizations across the U.S. as part of broader government spending reductions under the Trump administration. These cuts disproportionately affect Black-led art institutions, including the Museum of Contemporary African Diasporan Art (MoCADA), Museum Hue, and the Billie Holiday Theatre, which rely heavily on federal grants for programming and operations. While some organizations received final payments or avoided returning funds, they face an uncertain future as critical funding streams are terminated or made ineligible for renewal.

New York institutions offer nuanced and inclusive views of US’s 250th birthday

New York institutions are presenting nuanced exhibitions for the US's 250th birthday, offering both patriotic and critical perspectives on the American Revolution. The Grey Art Museum at NYU displays one of the 26 surviving Dunlap broadsides of the Declaration of Independence alongside over 100 contextual documents in "The Declaration of Independence: Long Trail to Liberty," while the Museum of the City of New York's "The Occupied City" immerses visitors in the British occupation of New York, featuring interactive elements like toppling a digital effigy of King George III.

The 5 Best Booths at miart 2026

The 30th edition of miart opened its doors at the Allianz MiCo convention center in Milan, marking a significant milestone for Italy’s premier international modern and contemporary art fair. As the city continues its ascent as a global art capital, the 2026 fair attracted a diverse continental crowd of collectors and professionals ahead of the upcoming Venice Biennale.

Latin American galleries dominate at Frieze New York

Frieze New York 2025 features a surge of 14 Latin American galleries from Mexico, Argentina, and Brazil, reversing a trend of withdrawal seen during the first 100 days of Donald Trump’s second presidency. Non-profit support from organizations like Latitude, which helped all eight Brazilian exhibitors, and a concerted effort by Frieze’s Americas team have enabled this increased presence, despite ongoing challenges such as high shipping costs, tariffs, and visa denials—exemplified by Mexican artist Dr Lakra being unable to attend his own show at Kurimanzutto.

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Spielzeug Gallery, a nomadic curatorial project founded by Evan Karas, opened a temporary brick-and-mortar space at 131 Chrystie Street in New York through a collaboration with 1 Day at a Time, an enterprise that helps nomadic creatives secure footholds in the city. The inaugural exhibition, “TOYS! TOYS! TOYS!”, featured works by Thomas Liu Le Lann, Josh Rabineau, and Michelle Im, exploring themes of control, psychosexuality, and the interplay of objects and space. The gallery’s model, described as an “itinerant fantasy,” has previously staged shows in venues including a Czech bunker, a party bus, and a Bushwick apartment.

Frieze New York 2026 Reports Major Sales and Acquisitions

Frieze New York 2026 closed its 15th edition at The Shed on May 17, drawing 25,000 visitors from 75 countries and featuring 68 galleries from 26 countries. The fair reported strong sales across market levels, including seven-figure transactions such as El Anatsui's *LuwVor I* sold by White Cube for $2.2 million and Georg Baselitz's *Stunde der Nachtigall* sold by Thaddaeus Ropac for €1.4 million. The inaugural Sherman Family Foundation Acquisition Fund enabled acquisitions by the Brooklyn Museum and the Baltimore Museum of Art, with works by Bettina, Reika Takebayashi, Seba Calfuqueo, and Joanne Burke. Several galleries, including Johyun Gallery and James Cohan, reported sold-out or near-sell-out booths.