Art News. Vasari Codex

trending_up market schedule May 15, 2026 visibility 14 link 31 artists, 2 galleries

Sotheby’s $433 Million Contemporary Evening and Mnuchin Sales Kicked Off New York’s May Marquee Auctions

Sotheby's held two major evening sales in New York—the Mnuchin collection sale and The Now & Contemporary Evening Auction—generating a combined $433.1 million. The Mnuchin sale achieved a white-glove result of $166.3 million, led by Mark Rothko's *Brown and Blacks in Reds* (1957) which sold for $85.8 million, while the contemporary auction reached $266.8 million, with Jean-Michel Basquiat's *Museum Security (Broadway Meltdown)* as the top lot. The results fell within presale estimates but marked a 133% increase over last May's contemporary sales.

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trending_up market schedule May 12, 2026 visibility 21 link 68 artists, 3 galleries

The Top Collections Leading the May Marquee Auctions

The article reports that the May 2025 marquee auctions at Christie's and Sotheby's are being driven by a resurgence of major single-owner collections, reversing a period of trophy scarcity in the secondary market. Key collections include the $130 million Robert E. Mnuchin collection at Sotheby's, the personal collection of gallerist Marian Goodman at Christie's, and the S.I. Newhouse collection expected to generate around $450 million, featuring Jackson Pollock's 'Number 7A (1948)' and Constantin Brancusi's 'Danaïde (1913)'. The article notes that the ultra-high tier above $10 million rose 30% year-on-year, and single-owner collections in New York auctions totaled $730.9 million, an 89.9% increase from Q1 2025.

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article news schedule May 11, 2026 visibility 13 link 9 artists

"Man besitzt Kunst nicht, man ist nur ihr Verwalter"

The 61st Venice Biennale opened on Saturday without ceremony or an opening celebration, amid political turmoil over the participation of Russia and Israel. Italy's Culture Minister Alessandro Giuli criticized Biennale director Pietrangelo Buttafuoco for not informing the government about Russia's participation request, suggesting it could have been used as leverage for a ceasefire in Ukraine. The entire jury resigned after attempting to exclude both Russia and Israel from prize awards, leading to the cancellation of the traditional jury decision in favor of a public vote, which over 70 participating artists have protested by withdrawing from this year's prizes. Separately, a rare photograph from the early 1940s has surfaced showing Lucas Cranach the Elder's painting "Venus with Cupid as Honey Thief" in Adolf Hitler's Munich apartment, raising unresolved questions about whether the work was looted from Jewish owners before 1935.

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