Art News. Vasari Codex

trending_up market schedule May 1, 2026 visibility 41 link 36 artists, 1 gallery

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.

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Jennifer Gilbert selling art worth millions to aid Detroit nonprofit

Detroit philanthropist and entrepreneur Jennifer Gilbert is selling major artworks from her personal collection at Sotheby’s this spring, with proceeds going to Lumana, a new Detroit-based arts nonprofit she founded. The collection will be offered across multiple sales, including The Now and Contemporary Evening Auction and Contemporary Day Auction in May, followed by Important Design in June. Highlights include Kenneth Noland’s 1958 painting “Circle” (estimated $4–6 million, a record for the artist) and Joan Mitchell’s 1976 painting “Loom II” (estimated $5–7 million).