In New York, Sotheby's Exhibition-Sales Are Packed

À New York, les expositions-ventes de Sotheby’s font salle comble

Sotheby's New York has experienced an unprecedented surge in public attendance at its exhibition-sales held in the iconic Breuer Building. In just two weeks, over 25,000 visitors—a 3.8-fold increase from the previous year—queued around the block to see works by artists like Gustave Klimt, Maurizio Cattelan, and René Magritte, with total attendance from November to late January reaching 46,325. The crowds, reminiscent of a major museum show, initially overwhelmed staff, who had to manage the flow to preserve the viewing experience for high-value clients.

Series, documentaries, films… All the art to see on streaming platforms right now

Séries, documentaires, films… Tout l’art à voir sur les plateformes en ce moment

Beaux Arts Magazine has curated a comprehensive selection of art-focused films, documentaries, and series currently available on major streaming platforms like Netflix, Arte.tv, and France.tv. The selection highlights diverse narratives, including the investigative documentary regarding a rediscovered Gustav Klimt portrait of a Ghanaian prince, an AI-assisted exploration of Andy Warhol’s diaries, and the cinematic dramatization of Varian Fry’s efforts to rescue artists like Chagall and Duchamp from Nazi-occupied France.

Piacenza, Klimt's Portrait of a Lady is back at the Ricci Oddi Gallery of Modern Art

Gustav Klimt’s "Portrait of a Lady" has returned to the Ricci Oddi Gallery of Modern Art in Piacenza following a successful loan exhibition at the My Art Museum in Seoul. The masterpiece resumes its permanent display just as the gallery prepares to unveil a comprehensive renovation of its 22 exhibition rooms. Designed by Lissoni & Partners, the redevelopment project has modernized over 1,000 square meters of the institution's floor space.

On Arte, the Fascinating Odyssey of a Lost Klimt Retraced in a Documentary

Sur Arte, la fascinante odyssée d’un Klimt disparu retracée dans un documentaire

A long-lost portrait by Gustav Klimt, depicting a young Black man, has been rediscovered and is the subject of a new documentary on Arte. The film, "Gustav Klimt and the Enigma of the Ghanaian Prince," details the painting's authentication and the investigation into the identity of its sitter, who was identified in 2024 as Prince William Nii Nortey Dowuona, a member of the Ga people who was in Vienna in the late 19th century.

Reba Maybury “I Come in Peace” at Secession, Vienna

Reba Maybury presents her exhibition "I Come in Peace" at Secession in Vienna, an installation that spans four sites within the building—including the façade, foyer, and upstairs spaces. Maybury, an artist, writer, and political dominatrix, uses her multidisciplinary practice to explore themes of feminism, sexuality, labor, and power, directly engaging with the institution's history by questioning how to dominate the legacy of Gustav Klimt.

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Global fine-art auction sales reached $11.7 billion in 2025, marking a 13.3 percent increase over the previous year and the first market growth since 2021. While the first half of the year was hampered by inflation and geopolitical tensions, a surge in the second half—particularly during New York’s November marquee sales—pushed the market upward. This recovery was led by a renewed appetite for "trophy works," highlighted by the record-breaking $236.4 million sale of Gustav Klimt’s Portrait of Elisabeth Lederer at Sotheby’s.

Paint Drippings: Art Industry News November 21

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The Philadelphia Museum of Art has appointed Daniel H. Weiss, former head of the Metropolitan Museum of Art, as its new director and CEO to provide stability following the controversial dismissal of Sasha Suda. The transition occurs amid a legal battle, with the museum filing court documents alleging Suda misappropriated funds and falsified records. Meanwhile, the auction market saw a historic moment at Sotheby’s, where Gustav Klimt’s 'Portrait of Elisabeth Lederer' sold for $236.4 million, setting a new record for the artist and becoming the most expensive Modern work ever sold at auction.

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Gustav Klimt's final portrait, 'Dame mit Fächer (Lady With a Fan),' sold for £85.3 million ($108.4 million) at Sotheby's London, setting a new record for the most expensive work of art ever auctioned in Europe. The painting, which was still on Klimt's easel when he died in 1918, surpassed its pre-sale estimate of over £65 million after a ten-minute bidding war.

The Art Market Enters 2026 With Renewed Confidence and a Sharper K-Shape Divide

ArtTactic's Global Art Market Outlook 2026 report reveals renewed confidence in the art market, with 51% of participants expecting growth and 42% anticipating stability. Strong sales in London, Paris, and Miami Beach, along with multi-billion-dollar November auction results, have buoyed sentiment. The recovery is uneven but meaningful, driven by selective demand for established names: Impressionist art rose 80.4%, Modern art 19.4%, and Old Masters 68.7%. The K-shaped divide is sharpening, with robust performance at the top end (above $1 million) and accessible tiers (below $50,000), while the middle market remains sluggish. Top performers include Klimt, Picasso, Rothko, and Calder, while ultracontemporary artists like Nicolas Party and Matthew Wong have seen significant declines.

Must-see exhibitions in 2026: APAC

The article highlights a curated selection of must-see art exhibitions across the Asia Pacific region in 2026. Key shows include Zao Wou-Ki's printmaking retrospective at M+ in Hong Kong, a major Cartier jewelry exhibition at the National Gallery of Victoria in Melbourne, and a survey of Western landscape art from the Centre Pompidou collection. Other notable exhibitions feature ancient Egyptian treasures at the Hong Kong Palace Museum, as well as shows dedicated to Klimt, Van Gogh, and Vermeer in Taipei and Japan.

Last Year’s Art Market: Only Works by Proven Artists Survived

The Korea Art Authentication and Appraisal Institute (KAAAI) released its "2025 Art Market Analysis Report" on January 21, 2026, revealing that the Korean art market grew 5.16% in total auction sales to 142.7 billion won, despite a decline in the number of lots offered. The global market saw a similar trend: combined sales at Christie's, Sotheby's, and Phillips rose 11.1% to $4.56 billion, but the number of works sold fell by 33.3%. Demand concentrated on high-priced blue-chip works by artists like Gustav Klimt, Claude Monet, Mark Rothko, René Magritte, and Jean-Michel Basquiat, while ultra-contemporary art sales plunged 39.1%.

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Artnet News columnist reflects on the fragile state of the art market as 2025 ends, noting that global instability and troubling news have dampened buyer psychology. Despite this, major auction houses reported strong annual sales—Sotheby's at $7 billion (up 17%) and Christie's at $6.2 billion (up 6%)—and a series of high-profile sales, including the Pauline Karpidas collection auction and Leonard Lauder's Gustav Klimt portrait fetching $236.4 million, have sparked renewed momentum. The article quotes advisors and dealers who sense a market bottom has passed, with buyers returning to auctions and fairs like Art Basel Miami Beach.

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Artnet's Price Database reveals signs of recovery at the top end of the art market in 2025, following three years of contraction. The article highlights gains in high-value sales, exemplified by Gustav Klimt's "Bildnis Elisabeth Lederer" pictured at Sotheby's Marquee Sales Series in New York. It also notes a growing trend of small and emerging galleries working with artists' estates, and reports that roughly half of art-backed loans by non-bank businesses defaulted in 2024.

Art sales surge with artists like Picasso and Warhol in demand: Guggenheim

Art sales are surging after a two-year slump, according to prominent Canadian art advisor Barbara Guggenheim, CEO of Barbara Guggenheim Associates. In an interview with BNN Bloomberg, Guggenheim noted that collectors are now prioritizing quality, seeking established artists like Picasso and Warhol, and that fresh-to-market works are attracting strong bids. Recent record-breaking sales include Frida Kahlo's self-portrait for $54.7 million and Gustav Klimt's 'Portrait of Elisabeth Lederer' for $236.4 million at Sotheby's. The middle market remains robust, with works like Stuart Davis's 'Municipal' selling for $1.5 million, while lower-priced pieces under $30,000 are harder to guarantee as investments.

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The article reports that the top tier of the art auction market rebounded strongly in 2025, with the ten most expensive lots totaling $757.1 million, a 48% increase from 2024. Gustav Klimt became the top-selling artist, driven by the sale of his *Portrait of Elisabeth Lederer* (1914–16) from the collection of the late Leonard Lauder, which was the most expensive artwork of the year. The rankings saw significant shifts: René Magritte, the top artist in 2024, fell to sixth place, while blue-chip names like Pablo Picasso, Andy Warhol, and Jean-Michel Basquiat strengthened their positions. Notably, no women or living artists appeared among the top 20 sellers in 2025, a reversal from the previous year when Yayoi Kusama and Joan Mitchell were present.

The best art exhibitions in Europe in 2026

A major exhibition tracing the evolution of the European art market from Greco-Roman antiquity to the 19th century is on view, featuring loans from institutions such as the Rubenshuis and the Princely Collections of Liechtenstein, including works by Titian, Rembrandt, Klimt, and Monet. Additionally, a show by Portuguese artist Joana Vasconcelos at PM23 presents her monumental, participatory fabric sculpture *Valkyrie Venus*, created with over 200 contributors from Lisbon and Rome. A dedicated Cézanne exhibition at Fondation Beyeler in Switzerland highlights the artist's posthumous reputation, with early collectors like Rudolf Staechelin and Oskar Reinhart. Other notable exhibitions across Europe include Brancusi in Berlin, Brassaï in Stockholm, Canaletto and Bellotto in Vienna, and Hammershøi in Madrid.

In a ‘K-shaped’ economy, the art market's recovery could rely on the super-rich

Sotheby's and Christie's held a series of high-profile auctions in New York in late 2025, generating a combined $2.2 billion from major collections including the Leonard A. Lauder collection, the Cindy and Jay Pritzker collection, and the Robert F. and Patricia G. Ross Weis collection. Star lots included Gustav Klimt's portrait of Elisabeth Lederer ($236.4m), a Vincent van Gogh still life ($62.7m), a Frida Kahlo self-portrait ($54.7m), and a Mark Rothko abstract ($62.2m). Despite these strong results, the total was still 30% below the equivalent sales in 2022, and the article notes a growing number of contemporary gallery closures in 2025.

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Sotheby's announced that $1 billion worth of fine art and luxury goods will be unveiled during Abu Dhabi Collectors' Week, running from December 2 to 5. The event includes non-selling exhibitions of high-value artworks, such as a Rembrandt drawing and Gustav Klimt's 'Dame mit Fächer,' while luxury items like McLaren racing cars, a Jane Birkin handbag, diamonds, and real estate will be offered at auction or privately, with over $150 million going to auction and $100 million in private sales.

Observer’s 2025 Art Market Recap: Recovery After a Year of Recalibration

After a turbulent start marked by gallery closures and market contraction, the art market in 2025 rebounded decisively, driven by a secondary-market surge in high-quality consignments. Major auction houses reported strong year-end results: Sotheby's projects $7 billion in consolidated sales (up 17%), Christie's expects $6.2 billion (up 7%), and Phillips reported $927 million (up 10%). Key sales included the $272 million Leonard & Louise Riggio collection at Christie's, the $527.5 million Lauder collection at Sotheby's (led by a $236.4 million Gustav Klimt), and the $136 million Karpidas sales. The year began quietly but gained momentum after summer, with deep bidding and strategic pricing driving a 26% increase in Sotheby's auction revenue and an 11% overall rise in fine art sales across Old Masters, Impressionist, Modern, Post-War and Contemporary categories.