Art News. Vasari Codex

trending_up market schedule May 15, 2026 visibility 3 link 11 artists, 2 galleries

Sotheby’s Posts $433 Million Haul, as Trophy Lots Continue to Carry the Market

Sotheby's May 2025 evening auctions in New York generated $433.1 million, a 132.7% increase over the same sales last spring, despite offering fewer lots. The evening featured an 11-lot sale from the collection of the late banker-turned-dealer Robert Mnuchin, which alone brought in $166.3 million, led by Mark Rothko's "Brown and Blacks in Reds" (1957) selling for $85.8 million. The main contemporary art auction, including "The Now" sale, totaled $266.8 million, with over 80% of lots guaranteed. Four works went unsold and one was withdrawn, yielding a 91% sell-through rate.

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trending_up market schedule May 14, 2026 visibility 9 link 15 artists, 2 galleries

Coveted Rothko From Robert Mnuchin’s Collection Nets $85.8 Million in New York

A major Mark Rothko painting, *Brown and Blacks in Reds* (1957), from the collection of the late financier and dealer Robert Mnuchin, sold for $85.8 million at Sotheby’s New York, becoming the second-highest price ever achieved for the artist at auction. The work, estimated at $70–100 million, was part of an 11-lot sale dedicated to Mnuchin’s collection, which also includes works by Willem de Kooning, Pablo Picasso, and Franz Kline. A phone bidder won the painting, with Helena Newman, chairman of Sotheby’s Europe, handling the bid.

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article news schedule May 15, 2026 source 2 sources visibility 4 link 2 artists

UK artist defends pro-Palestine drawings after show cancellation

UK artist Matthew Collings has condemned the cancellation of his art exhibition "Drawings Against Genocide" in Margate, England, after UK Lawyers for Israel (UKLFI) accused the show of being antisemitic. The exhibit featured 130 drawings depicting Israeli military, political officials, and business leaders, which Collings describes as artistic metaphors for Zionism, brutality, and violence. Collings insists the work is against genocide, not against Jews, and criticizes the conflation of antisemitism with pro-Palestine activism.

newspaper The New Arab open_in_new Read original