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Rare ‘Ocean Dream’ Diamond Sells for Record $17.3 Million at Christie’s

A rare 5.5-carat blue-green diamond known as the 'Ocean Dream' sold for $17.3 million at Christie’s Geneva jewelry sale, setting a record for a fancy vivid blue-green diamond at auction. The sale far exceeded its presale estimate of $9 million to $13 million after a 20-minute bidding battle. In other auction news, Sotheby’s New York sold over $433 million worth of art in its contemporary art sales, including 11 pieces from the Robert Mnuchin collection. Meanwhile, London’s Wellcome Collection agreed to return around 2,000 sacred Jain manuscripts to the Jain religious community under a new restitution framework, acknowledging they were acquired unethically. Several art fairs were announced, including Zero 10 curated by Trevor Paglen at Art Basel in Switzerland, CAN Art Fair Ibiza’s fifth edition, and Art-o-rama’s 20th edition in Marseille. Notable gallery news includes the bankruptcy and closure of French gallery Air de Paris after 36 years, and Carine Karam becoming director of Opera Gallery’s New York outpost. Hong Kong’s M+ and Paris’s Centre Pompidou announced a multi-year strategic alliance, and New York’s Frick Collection entered a three-year partnership with Louis Vuitton.

In a new home, Photo London gets down to business

Photo London opened its 2025 edition at a new venue, Olympia’s Grand Hall in West Kensington, on 13 May, moving from its previous decade-long home at Somerset House. Despite a hailstorm, the preview day saw lively sales: Paris-B Gallery sold three works for £100,000, including pieces by Yang Yongliang; In Camera sold both a vintage and modern print of Jane Everlyn Atwood's *Auto Portrait (Serpent)*; and Radius Publishing moved 40% of its stock by Thursday lunchtime. The fair runs until 17 May, with prices ranging from £100 to £400,000.

Queer eyes in focus, sculpture hits pay dirt and Whistler’s world – the week in art

This week's art roundup from The Guardian highlights a major exhibition of James McNeill Whistler at Tate Britain, showcasing the American artist's impact on Victorian Britain with avant-garde influences from Paris and Japan. Other notable exhibitions include "Gender Stories" at the Walker Art Gallery in Liverpool, featuring works by David Hockney and Grayson Perry; Delcy Morelos's earthy sculptures at the Barbican Centre; and Henry Moore's sculptures at Kew Gardens. The article also covers news of a Nazi-looted portrait found in the home of a Dutch SS leader's family, protests at the Venice Biennale over Israel's inclusion, and the unveiling of Zineb Sedira's film installation at Tate Britain.

Rene Matić wins 2026 Deutsche Börse Photography Foundation Prize

Rene Matić has won the 2026 Deutsche Börse Photography Foundation Prize, becoming the first British winner in over a decade. The announcement was made at The Photographers’ Gallery in London on May 14, 2025, where Matić received £30,000 for their exhibition *AS OPPOSED TO THE TRUTH*, which uses photography, installation, and sound to explore identity and belonging. Matić was nominated for the show at the Center for Contemporary Arts Berlin (CCA Berlin) and is also a recent Turner Prize nominee. The prize exhibition runs at The Photographers’ Gallery until June 7, alongside works by fellow shortlisted artists Jane Evelyn Atwood, Weronika Gęsicka, and Amak Mahmoodian.

Mounting Rene Matić’s snapshots in Perspex isn’t really enough to make them interesting | Charlotte Jansen

Rene Matić, at 29, became the youngest winner of the £30,000 Deutsche Börse Photography Foundation prize, nominated for their solo exhibition "As Opposed to the Truth" at CCA Berlin. A smaller version of that show is now at the Photographers’ Gallery in London. Matić was also the youngest Turner Prize nominee last year. The article critiques Matić's work, praising their 2022 piece "Upon This Rock" for exploring masculinity, fatherhood, and British identity, but dismissing much of their other output—like the snapshot installation "Feelings Wheel"—as immature, mediocre, and reliant on display gimmicks rather than photographic substance.