A custom ensemble of 15 mirrors by Claude Lalanne sold for $33.5 million at Sotheby's New York, shattering the artist's previous auction record and setting a new global benchmark for the most expensive design work ever sold at auction. The piece, commissioned in 1974 for Yves Saint Laurent and Pierre Bergé's Paris home, far exceeded its $10-15 million estimate.
A set of 15 bronze and copper mirrors by Claude Lalanne sold for $33.5 million at Sotheby's in New York, shattering the artist's previous auction record and surpassing the record price for works by her late husband and collaborator, François-Xavier Lalanne. The ensemble, which far exceeded its $15 million high estimate, drew fierce competition from five bidders over ten minutes.
Sotheby's Paris achieved a new French auction record for Claude Monet on April 16, 2026, with 'Vétheuil, effet du matin' (1901) selling for €10.2 million, far above its €6-8 million estimate. The evening sale generated €35 million total, an 84% increase over the 2025 session, also featuring strong results for Marc Chagall, Lucio Fontana, and Rembrandt Bugatti. Meanwhile, Christie's Paris celebrated the 25th anniversary of its 'Thinking Italian' section with a complete sell-out of 11 lots, including a new auction record for Ettore Spalletti's 'Mobile' (1974) at €203,200. The overall Paris modern and contemporary art week reached a record €80.9 million, up 39% year-on-year.
A late 19th-century stained-glass window by Tiffany Studios, known as the Boyd Family Memorial Window (The Falls), is set to be auctioned at Christie's New York in June with an estimate of up to $2 million. The window, commissioned in 1898 and installed in 1899 at the Second Congregational Church in Winsted, Connecticut, depicts a waterfall landscape and has been in the church for about 125 years.
Escalating military conflict between the US, Israel, and Iran, which has included strikes on Gulf states, is disrupting the region's burgeoning art market. Major events like Art Dubai have been postponed and scaled back significantly due to exhibitor withdrawals, and planned fairs like Frieze Abu Dhabi face uncertainty. The instability has also caused a sharp spike in shipping and insurance costs for artworks moving through the region.
The collection of modern and contemporary art assembled by David and Shoshanna Wingate over seven decades will be sold at Sotheby's in New York and London on May 19 and 20. The sale, comprising over 50 works by artists like Alberto Giacometti, Mark Rothko, and Wassily Kandinsky, is estimated to fetch between $37 million and $53 million, led by Giacometti's sculpture "La Clairière (Composition avec neuf figures)" with an estimate of $18 million to $25 million.
Christie's led the global fine-art auction market in 2025 with $3.5 billion in sales, a 10.1% increase from 2024. Its top lot was Mark Rothko's 'No. 31 (Yellow Stripe), 1958,' which sold for $62.1 million. Sotheby's followed closely with $3.3 billion in sales, a 31% annual increase, highlighted by the record-breaking $54.7 million sale of Frida Kahlo's 'El sueño (La cama).' Phillips placed a distant third with $390.9 million in sales, a 14.2% decline.
Sotheby's Paris sale on April 16, 2026, achieved a total of 35 million euros, an 84% increase over the previous year's equivalent auction. The event was dominated by two rediscovered Claude Monet paintings, with 'Vétheuil, effet du matin' setting a new auction record for the artist in France at 10.2 million euros. Strong results were also posted for works by Marc Chagall, Lucio Fontana, and Gerhard Richter, with 62.5% of lots selling above their high estimates.
A late 19th-century Tiffany stained-glass window, known as the Boyd Family Memorial Window (The Falls), is set to be auctioned at Christie's in June with an estimated price of $2 million. The window, depicting a waterfall and sunset landscape, has been installed in the Second Congregational Church in Winsted, Connecticut, for 125 years and was commissioned by Ellen Wright Boyd in memory of her parents.
Sotheby's is under financial scrutiny due to two key developments. A New York real estate broker has filed a $10.2 million lawsuit against the auction house over commissions from the sale of its former Manhattan headquarters, a claim Sotheby's disputes. Concurrently, the company has launched a new delayed-payment program for clients, raising questions about its liquidity.
The Louisiana Museum of Modern Art in Denmark is hosting "Headstrong," the first museum exhibition in Scandinavia dedicated to Jean-Michel Basquiat. The show reunites 49 works on paper created between 1981 and 1984 that focus on the artist's depiction of the head—works Basquiat originally kept for himself and which were only discovered after his death. The exhibition includes the record-breaking 1982 "Untitled" painting, which previously sold for $110.5 million.