A $35 M. Warhol, a $45 M. Basquiat, and More: Who’s Selling The Top Works in the May Sales?

The article reports on the upcoming May marquee sales at Christie’s and Sotheby’s, detailing high-value consignments from major collections. Christie’s will offer works from the estates of S. I. Newhouse (including a Brâncuși sculpture and a Jackson Pollock painting, each estimated at $100 million), former MoMA board president Agnes Gund (a Rothko estimated at $80 million), and the late dealer Marian Goodman (a Gerhard Richter estimated at $50 million). Sotheby’s counters with a Rothko from the collection of the late Robert Mnuchin (estimated at $100 million) and works from David and Shoshanna Wingate, including a Giacometti sculpture. The article also reveals previously unnamed consignors for top lots, such as collector John Sayegh-Belchatowski for a $45 million Basquiat and the Moore family for an Elizabeth Peyton painting.

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.

German artist Georg Baselitz dies aged 88

German artist Georg Baselitz has died at age 88, as confirmed by the Thaddaeus Ropac gallery. Known for his expressive paintings and sculptures, Baselitz rose to prominence in the 1960s after a scandal over sexually symbolic works led to a high-profile court case. He pioneered painting canvases upside down from 1969 onward, a technique he used to grapple with German history and collective guilt. His work spanned six decades and included notable sculptures, such as a wooden figure at the 1980 Venice Biennale that appeared to perform a Nazi salute, which he later clarified was inspired by an African artifact. Baselitz achieved international acclaim in the 1980s and became one of Germany's highest-priced living artists, alongside Gerhard Richter.

The Prototype of an Artist

Der Prototyp eines Künstlers

Timm Ulrichs, the self-proclaimed "Totalkünstler" (total artist) known for his boundary-pushing performances—tattooing himself, locking himself inside a hollowed boulder, and running naked in thunderstorms—has died at age 86 in Berlin. A pioneer of Land Art, Body Art, concrete poetry, and endoscopic imaging, Ulrichs created works that anticipated later artists like Isa Genzken, and was invited to Documenta 6 in 1977. Despite his prolific output and influence on younger generations, he often lamented being overlooked by the international art market compared to peers like Georg Baselitz and Gerhard Richter.

The Great Lone Wolf of Art

Der große Einzelgänger der Kunst

Georg Baselitz, the German painter known for his radical, figurative works and iconic upside-down motifs, has died at age 88. Born Hans-Georg Kern in 1938 in Deutschbaselitz, Saxony, he fled East Germany for West Berlin in 1957 after being expelled from art school for "socio-political immaturity." Baselitz rose to international fame with his expressive, fractured depictions of the human figure, famously inverting his compositions starting with "Der Wald auf dem Kopf" (1969). He also worked as a stage and costume designer for operas by Harrison Birtwistle, György Ligeti, and Richard Wagner.

The Major Exhibitions at LUMA Arles in France: Zaha Hadid, Gerhard Richter and Patti Smith

Le grandi mostre al LUMA di Arles in Francia: Zaha Hadid, Gerhard Richter e Patti Smith

LUMA Arles in France will launch a new exhibition cycle on May 1, 2026, followed by a second series starting July 4. The program, presented by CEO Mustapha Bouhayati and artistic director Vassilis Oikonomopoulos, includes a major show of Gerhard Richter's "Overpainted Photographs" in the Frank Gehry-designed tower, a Zaha Hadid retrospective titled "I Think There Should Be No End to Experimentation" marking the tenth anniversary of her death, and a centennial celebration of the influential art magazine Cahiers d'Art. The exhibitions aim to bridge visual arts with music, performance, and live events, bringing together voices from diverse geographies and disciplines.

Art Formes Presents A multi-disciplinary group exhibition curated by Jean Dreyer

Art Formes presents a multi-disciplinary group exhibition curated by Jean Dreyer at The Old Biscuit Mill in Cape Town, running from 16 April to 11 June 2026. The show features 21 artists including Maja Marx, Katherine Glenday, Gerhard Marx, and others, with works that explore themes of soil, text, and interconnection through painting, ceramics, and sculpture. The exhibition emphasizes dialogue between works and the gallery's architecture, with a press release highlighting the gallery's focus on contemporary African sculpture.