jean michel basquaits 45 m crowns peso neto to headline sothebys fall auctions in new york 1234756255

Sotheby's will offer Jean-Michel Basquiat's 1981 painting *Crowns (Peso Neto)* as the headline lot of its contemporary evening sale in New York this fall, carrying a high estimate of $45 million. The work, which has never been auctioned before, debuted at Basquiat's landmark 1982 solo show at Annina Nosei Gallery and later appeared at Documenta 7. It will be exhibited in London during Frieze Week, then in Paris coinciding with Art Basel Paris, before arriving at Sotheby's new Breuer Building headquarters in New York ahead of the November 8 sale.

Diane Keaton’s Iconic Wardrobe and Art Collection Head to Auction

Bonhams auction house, in collaboration with the Fine Art Group, is organizing a four-part, 550-lot sale of Diane Keaton's personal belongings. The sales, taking place online and in New York from late May to mid-June, will include her iconic wardrobe, Hollywood memorabilia, home furnishings, and a significant portion of her art collection, featuring works by artists like Robert Rauschenberg and Ed Ruscha, as well as her own mixed-media collages.

dear ivanka trump moving protest 819011

The activist collective Halt Action Group (HAG) organized a second 'Dear Ivanka' protest in New York City as Ivanka Trump prepared to move to Washington, D.C. Protesters marched from Grand Army Plaza to Trump’s Park Avenue residence, carrying symbolic moving boxes labeled with social and political concerns such as women's rights, affordable healthcare, and freedom of the press. The event featured prominent art world figures and utilized visual metaphors, including a disavowed Richard Prince artwork, to urge Trump to act as a moderate influence on her father’s administration.

Katherine El-Salahi, anti-apartheid activist, anthropologist and publisher, 1945–2026

Katherine El-Salahi, an anti-apartheid activist, anthropologist, and publisher, has died at age 81. Born Katherine Levine, she studied at Cambridge and SOAS before joining the clandestine group London Recruits in 1970, carrying out leaflet bomb propaganda and running guns into South Africa. She later became instrumental in the career of her husband, Sudanese painter Ibrahim El-Salahi, organizing his landmark 2013 retrospective at Tate Modern, building his archive, and securing gallery representation with Vigo Gallery.

First US Survey of Mexican Artist Teresa Margolles Coming This Fall

MoMA PS1 in New York City will host the first United States survey of Mexican artist Teresa Margolles this fall. Trained as a forensic pathologist, Margolles creates works using organic and bodily materials from homicide victims, morgues, and crime scenes. The exhibition will feature pieces confronting murder and violence along the US-Mexico border, including a 2026 evolution of her ongoing series "Air" (2003–), where a gallery will be humidified with water carrying degradable material from homicide sites. The Museum of Modern Art will also present a new experiential installation, "Aproximación al lugar de los hechos (Approaching the Scene)" (2026), starting September 17, which drips water carrying evidence of violent death onto heated steel plates.

banksys walled off hotel in bethlehem reopens for the first time since october 7 attacks 1234766810

Banksy's Walled Off Hotel in Bethlehem has reopened for the first time since the October 7 attacks on Israel and the subsequent war in Gaza. The hotel, which opened in 2017 across from the West Bank barrier, functions as a guesthouse, museum, art gallery, bookstore, and spray-paint shop, with nearly every window facing the 30-foot-high concrete wall. Manager Wisam Salsaa described the reopening as a symbol of hope and a cultural platform carrying the narrative of Palestine, featuring more than 20 original Banksy works and accommodation ranging from $70 bunk beds to a $495 presidential suite.

wade guyton artwork inigo philbricks flops at sothebys 1234755862

A Wade Guyton artwork (2007) that was forfeited by Inigo Philbrick's business partner Robert Newland failed to sell at Sotheby's New York in late March 2025, carrying an estimate of $200,000 to $300,000. The same piece had previously sold for $208,000 at a U.S. Marshals Service auction in Texas in August 2023, a steep decline from its $490,000 sale at Sotheby's in 2015. Another Guyton from the same forfeiture—a 2018 piece owned by Philbrick himself—sold for $215,100 at the Texas auction, representing a 65% drop from its 2018 Christie's Paris sale of €535,500 (about $625,000). The article also notes a curious discrepancy: the Texas auction catalog listed a Phillips auction house label on the 2007 Guyton, but Phillips does not appear in the work's provenance, and Philbrick was known to do business with Phillips.

sbi art auction modern legacy bloom now 2749779

SBI Art Auction is set to host a major two-day auction event in Tokyo this March, coinciding with Art Fair Tokyo. The first sale, "Modern Legacy," features a prestigious single-owner Japanese collection including masterpieces by Léonard Tsuguharu Foujita, Edvard Munch, and Egon Schiele. The second sale, "Bloom Now," focuses on contemporary and Pop art, highlighting works by Roy Lichtenstein and Takeda Teppei, with the combined events carrying a low estimate of JPY 1.25 billion ($7.9 million).

Jean-Michel Basquiat’s Crowns (Peso Neto)To Star in Sotheby’s Contemporary Art Evening Sale

Jean-Michel Basquiat's 1981 painting *Crowns (Peso Neto)* will headline Sotheby's Contemporary Evening Sale this November, carrying an estimate of $35–45 million—the highest ever for a Basquiat work from that year. The painting, never before offered at auction, debuted at Annina Nosei Gallery in 1982 and was later shown at documenta 7. It will be publicly exhibited in London, Paris, and New York before the sale, which coincides with the opening of Sotheby's new global headquarters in the former Whitney Museum's Breuer Building.

National Gallery of Canada receives gift of 61 works valued at $16.8m

Canadian collector and businessman Bob Rennie has donated 61 works valued at C$22.8 million ($16.8 million) to the National Gallery of Canada (NGC) in Ottawa. The gift, which took 18 months to plan, includes pieces by Yinka Shonibare, Mona Hatoum, Rodney Graham, Ai Weiwei, and others. It surpasses Rennie’s previous record donation of C$13 million in 2017 and brings his total contributions to the NGC to over C$35 million, comprising more than 260 works since 2012. Rennie, a longtime patron of the National Gallery of Canada Foundation, emphasized his approach of collecting artists in depth rather than for momentary sensation.

Has a new Banksy statue just appeared in central London?

A new statue has appeared on Waterloo Place in central London, bearing the signature of elusive street artist Banksy. The artwork depicts a suited man carrying a large flag that covers his face, stepping off a plinth, and blends with nearby bronze and granite monuments. Sightings were first reported on Wednesday 29 April, but how and when the statue was erected in this busy intersection remains unknown. Banksy has not yet posted the work on his Instagram account, his usual method of authentication, though crowds have already gathered.

What Works of Art Sank Aboard the Titanic?

Quelles sont les œuvres d’art englouties à bord du Titanic ?

The RMS Titanic, which sank in 1912, was carrying over 300 paintings, drawings, prints, and art objects according to its cargo manifest. The most famous artwork lost was the 1814 neoclassical painting 'La Circassienne au bain' by French artist Merry-Joseph Blondel, owned by Swedish businessman Mauritz Håkan Björnström-Steffansson, which was insured for $100,000. Also lost was the legendary 'Grand Omar,' a jewel-encrusted luxury edition of the Rubaiyat of Omar Khayyam, created by the London bindery Sangorski & Sutcliffe.

MFA Boston returns work by enslaved artist David Drake to his heirs, Wifredo Lam, Ghirlandaio’s Adoration of the Magi—podcast

The Museum of Fine Arts (MFA) in Boston has agreed to return two 1857 works by the enslaved potter David Drake to his descendants. One vessel will remain on loan to the museum for at least two years, while the other, known as the "Poem Jar," has been purchased back by the museum for an undisclosed sum, now carrying a certificate of ethical ownership. The episode also covers the opening of the exhibition "Wifredo Lam: When I Don’t Sleep, I Dream" at the Museum of Modern Art in New York, featuring the modernist painter of African and Chinese descent, and discusses Domenico Ghirlandaio's "Adoration of the Magi" (1488) in the context of a new book on Renaissance foundlings.

Spectral Birds Endemic to New Zealand Find New Life in Fiona Pardington’s Portraits

Spectral Birds Endemic to New Zealand Find New Life in Fiona Pardington’s Portraits

New Zealand artist Fiona Pardington will present her photographic series *Taharaki Skyside* in the Aotearoa New Zealand Pavilion at the 2026 Venice Biennale. The large-scale, spectral portraits depict preserved specimens of endemic birds, including extinct and critically endangered species like the huia and the South Island Takahe, captured from within the country's natural history collections.

Pussy Riot and FEMEN Join Forces in Punk Protest in Venice: ‘Russia Kills! Biennale Exhibits!’

On Wednesday morning, Pussy Riot and FEMEN led a protest outside the Russian Pavilion at the 2026 Venice Biennale, chanting slogans like “Russia kills! Biennale exhibits!” and “Blood is Russia’s art!” Dozens of protesters, some in pink balaclavas and others bare-chested with floral crowns, gathered in the Giardini under light rain, carrying guitars and blasting punk rock and hip-hop. The action was organized by Nadya Tolokonnikova and other Pussy Riot members alongside FEMEN, a Ukrainian-founded women’s movement. They released pink, yellow, and blue smoke, and Tolokonnikova criticized the Biennale for allowing Russian participation while artists who oppose the war in Ukraine are imprisoned. She proposed an alternative exhibition, “Resistance Imprisoned,” currently on view in Strasbourg, featuring incarcerated artists.

Possible new Banksy appears in London

Möglicherweise neuer Banksy in London aufgetaucht

A life-sized statue has suddenly appeared on Waterloo Place in central London, depicting a figure stepping off a pedestal into the void with a flag blowing in its face. The base bears the signature "Banksy," leading to speculation that the anonymous street artist is behind the work. However, as of the morning, Banksy had not posted the piece on Instagram as he typically does, leaving its authenticity unconfirmed.

Banksy statue appears in Central London.

A large statue mysteriously appeared in central London earlier this week and has been confirmed as the work of the street artist Banksy. The piece, bearing the artist's signature, depicts a suited man carrying a flag that obscures his face as he walks off a plinth. It was installed in Banksy's signature guerrilla style at Waterloo Place in St. James's, near statues of Edward VII and Florence Nightingale.

Nick Cave’s “Mammoth” Collection of Objects Is a Public Deep Dive Into Personal History

Nick Cave's immersive solo exhibition "Mammoth" is on view at the Smithsonian American Art Museum through January 3, 2027. The show features a vast, illuminated table covered with hundreds of everyday objects—faux fruits, bejeweled vegetables, wooden canes, glass fish, toy trucks, and leather slippers—arranged with deliberate purpose. Alongside these collected items, Cave has constructed mammoth hides and bones, and a video projection brings the ancient creatures to life. The exhibition draws deeply on Cave's personal history growing up in Missouri, with memories of his grandparents' farm and his family's traditions of making, quilting, and craftsmanship informing the assemblage.

Five forces that reshaped the art market in 2025

In 2025, the art market faced significant challenges, including gallery closures and unfavorable auction results in the first three quarters, driven by geopolitical pressures such as US President Donald Trump's tariffs. However, a rebound occurred in autumn, with buoyant fairs like Frieze London and Art Basel Paris, and strong November auctions in New York totaling over USD 2 billion, carrying momentum to Art Basel Miami Beach. Key events included Gustav Klimt's *Portrait of Elisabeth Lederer* selling for USD 236.4 million at Sotheby's, a record for a Modern work, and a Frida Kahlo self-portrait setting a new record for a work by a woman. Meanwhile, several galleries closed, including Blum, Venus Over Manhattan, Clearing, Kasmin Gallery, Tilton Gallery, and Perrotin and Pace's Hong Kong outposts, while others expanded, such as Thaddaeus Ropac in Milan and Hauser & Wirth in Sicily.

Witness a poetic dialogue between humanity and nature come alive at this exhibition in New Delhi

Artist Yashika Sugandh presents 'Vartaman,' a solo exhibition exploring the relationship between humanity and nature, at the Living Traditions Centre, Bikaner House, New Delhi, from September 27 to October 1, 2025. The show features intricate paintings and mixed-media works that blend whimsical hybrid creatures—such as snails carrying giraffes and turtles becoming tomatoes—with motifs like tree branches, reflecting Sugandh's reverence for the natural world. After its run at Bikaner House, the exhibition will continue at Black Cube Gallery, New Delhi, until October 31.

fed reserve interest rate cuts art market loans 1234752920

The Federal Reserve cut its benchmark interest rate by 0.25 percentage points, the first reduction since December, bringing rates to their lowest level since late 2022. Art finance experts Anita Heriot of the Fine Art Group and Joshua Greenberg of Bank of America Private Bank told ARTnews that while the cut is unlikely to create new art buyers, it could stimulate art lending and borrowing against collections, as lower rates reduce the cost of carrying debt. The move signals a potential trend of further rate declines, which may encourage collectors to reengage with the market, especially amid softening art prices.

In historic move, MFA Boston returns works by 19th-century enslaved artist David Drake to his heirs

The Museum of Fine Arts (MFA) Boston has agreed to return two 1857 ceramic jars by David Drake, an enslaved Black potter, to his living descendants. One vessel will remain on loan to the museum for at least two years, while the other—the "Poem Jar"—has been purchased back by the MFA from the heirs for an undisclosed sum, now carrying a "certificate of ethical ownership." The museum acknowledges that Drake created the works involuntarily and without compensation, marking the first time the MFA has resolved a claim for art wrongfully taken under U.S. slavery.

The Berlin art legend who found his calling in sneaking into other artists’ shows

Patrick Jambon, a 58-year-old French performance artist living in Berlin, has spent the past 25 years attending gallery openings as a continuous performance piece he calls his 'gallery project.' Dressed in a bright red T-shirt, cartoonish metal-framed glasses, and carrying a yellow bike helmet, he visits dozens of galleries daily, compiling opening lists from websites and social media. His project has become so embedded in the city's art scene that his handwritten lists are now exhibited in spaces like Berlin-Weekly, and artists such as Ae Hee Lee note that 'you aren't a real Berlin artist if you don't know him.'

Hyeree Ro: What Bears

Hyeree Ro is preparing for the 2026 Venice Biennale, where she will present the work "Bearing (2026)" as part of the Korean Pavilion, titled "Liberation Space: Fortress/Nest." The article follows Ro in her temporary Brooklyn studio, where she works with salvaged objects and materials that migrate across multiple works over years—such as a sheet of organza purchased in 2023 that later appeared in "Niro (2024)" and "Carry (2025)" before being repurposed as the pavilion's fabric walls. Her practice is defined by a nomadic, accumulative material logic: objects enter without a fixed destination and gain meaning through repeated reuse.

Historic Watch Recovered From Titanic’s Wealthiest Passenger Heads to Auction

A Patek Philippe pocket watch recovered from the body of John Jacob Astor IV, the wealthiest passenger aboard the RMS Titanic, is heading to auction. The watch, sold by Tiffany & Co. in 1904, will be the leading lot in a Freeman's Auction sale in Chicago on April 22, carrying an estimate of $300,000 to $500,000. A gold pencil found with it will also be sold.

france deepest shipwreck camarat 4 2659029

French archaeologists have discovered the wreck of a 16th-century merchant vessel, named Camarat 4, 1.6 miles below the Mediterranean Sea—the deepest shipwreck ever found in French waters. The French Navy first detected the site via sonar during a routine mission off the coast near Saint Tropez, then deployed an underwater drone that captured images of hundreds of ceramic pots. The Department of Underwater and Submarine Archaeological Research (DRASSM) confirmed the 98-foot-long ship sank nearly 500 years ago, carrying cargo including polychrome earthenware pitchers and plates traced to Liguria, Italy, along with cannons and iron bars.

san jose wreck found coins 2657641

Researchers have confirmed the identity of the Spanish galleon San José, which sank off the coast of Colombia in 1708 carrying billions of dollars in gold, silver, and gems. Using high-resolution photographs and digital models from remotely operated vehicle surveys, they identified hand-struck coins (cobs) minted in Lima in 1707, along with Chinese porcelain and cannon inscriptions, as key evidence. The findings were published in the journal Antiquity on June 10.

‘People power will overcome’: photographer in Gaza aid flotilla calls on arts workers to show solidarity

Dozens of arts and media professionals have set sail for Gaza aboard a flotilla called the Thousand Madleens, led by Bangladeshi photographer and curator Shahidul Alam. The group departed Otranto, Italy on 1 October and is currently in international waters, expecting to be apprehended by Israeli forces. Alam is traveling on the Conscience, the largest private vessel attempting to break the siege since October 2023, carrying 92 civilians from 26 countries, mostly medics and arts workers. The mission aims to challenge the legality of the siege and demonstrate solidarity with Palestinian journalists and medics, who Alam says have been specifically targeted by Israel.

Nasa’s Orion spaceship four days into Artemis II mission: in pictures

NASA's Orion spacecraft, carrying the four-person crew of the Artemis II mission, is four days into its journey to orbit the moon. The mission marks the first crewed lunar flyby in over 50 years and is a critical test for NASA's deep space exploration systems.

Routed West: Twentieth-Century African American Quilts in California

The exhibition 'Routed West: Twentieth-Century African American Quilts in California' will run from September 18, 2026, to January 17, 2027, at BAMPFA. It traces the flow and flourishing of quilts during the Second Great Migration (1940–1970), when approximately five million African Americans moved from the rural South to the North and West, with hundreds of thousands arriving in California carrying quilts as containers of ancestral memory and cultural survival. The show features more than 80 artworks organized across several themes, highlighting repurposed work clothes, improvisational piecing, and pattern-based quilting by migrants from Arkansas, Louisiana, Mississippi, Oklahoma, and Texas. Works by contemporary artists show how these traditions remain alive today.