Christie’s $1.1 B. Double-Header Shows Growing US Market Strength, Basque Government Snubbed Reina Sofía in ‘Guernica’ Loan Request, and More: Morning Links for May 19, 2026
Christie’s evening sales on Monday reached $1.1 billion, driven by top lots including a Jackson Pollock drip painting ($181.2 million), a Constantin Brâncuși bronze head ($107 million), and a Mark Rothko abstraction ($98.4 million). The sales revealed strong bidding in the under-$20 million segment, with most activity from US buyers, while European and Asian clients remained cautious. Separately, Reina Sofía Museum director Manuel Segade stated that the Basque government never formally requested to borrow Picasso’s ‘Guernica’ from the museum, only approaching Spanish political leaders, who lack authority to lend the work. The UK’s shadow culture secretary urged an investigation into antisemitism allegations against Southbank Centre chairman Misan Harriman.
