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The 20 Most Expensive Artworks Hitting the Auction Block This Season

The May 2026 New York auctions at Christie’s, Sotheby’s, and Phillips will feature 20 high-value lots priced at $30 million or more, including works by Andy Warhol, Jasper Johns, Pablo Picasso, Piet Mondrian, Jackson Pollock, Willem de Kooning, Cy Twombly, Gerhard Richter, and others. The sales are staggered around the Venice Biennale and Frieze New York, with Sotheby’s holding its contemporary evening auction on May 14 and Christie’s its 20th-century sale on May 18. Notable consignments come from the estates of S.I. Newhouse, former MoMA board president Agnes Gund, and dealer Marian Goodman.

Maurizio Cattelan Opens Up About Sin, Silence, and Stealing: ‘I’m Guilty Too’

Italian artist Maurizio Cattelan directed the Renaissance Society’s annual benefit gala, titled "The Silent Party!", held at the Chicago Athletic Club during the week of Expo Chicago. The event subverted traditional gala expectations by requiring guests to remain silent for two hours, communicating only via handwritten notes while navigating a labyrinth of performances. The evening featured contributions from artists including Jacob Ryan Renolds, Davide Balula, and Isabelle Frances McGuire, culminating in a dinner that raised approximately $600,000 for the non-profit institution.

vet sothebys gagosian book history art market 1234777759

Valentina Castellani, a veteran of Sotheby’s and Gagosian, is releasing a new book titled 'Trading Beauty: Art Market Histories from the Altar to the Gallery'. The publication aims to fill a pedagogical gap Castellani discovered while teaching at New York University, providing a comprehensive chronological overview of the art market from the Renaissance to the post-pandemic era. Published by Gagosian and distributed by Rizzoli, the book features a cover by Maurizio Cattelan and an introduction by Massimiliano Gioni.

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Phillips New York's modern and contemporary evening sale on Tuesday night generated $52 million, a 40 percent drop from the $86 million achieved in the same sale last year. The auction exactly met its pre-sale estimate, but five lots failed to sell and four were withdrawn. Despite the overall downturn, five new records were set for women artists, including Kiki Kogelnik, Ilana Savdie, Olga de Amaral, and Grace Hartigan. The top lot was Jean-Michel Basquiat's *Untitled* (1984) at $6.6 million, followed by works by Ed Ruscha and Donald Judd. Bidding was active for several works, with many going to US buyers, and a painting by Yu Nishimura, newly represented by David Zwirner, sold for more than double its estimate.

Shoptalk: New Guggenheim Director Melissa Chiu on How She Got the Job

Melissa Chiu has been appointed as the new director of the Solomon R. Guggenheim Museum in New York, transitioning from her long-standing leadership at the Smithsonian’s Hirshhorn Museum and Sculpture Garden. The appointment was the result of a confidential search led by Mariët Westermann, the Guggenheim’s overall director and CEO, who determined that the expanding global "constellation" of museums required a dedicated leader for the New York flagship. Chiu will officially assume the role in September, just ahead of the highly anticipated opening of the Guggenheim Abu Dhabi in 2025.

what defined 2025 curators pick the years best art 2717370

Several international curators and museum directors, including Connie Butler of MoMA PS1, Carolyn Christov-Bakargiev, Julieta Gonzalez of the Wexner Center for the Arts, and Madeleine Grynsztejn of MCA Chicago, selected artworks that they believe define 2025. Highlights include Ayoung Kim's video installation 'Delivery Dancer’s Arc: 0º Receiver' (2024), Beeple's 'Regular Animals' premiered at Art Basel Miami Beach, and Kerry James Marshall's painting 'Haul' (2025) from his retrospective at the Royal Academy of Arts. Julieta Gonzalez also pointed to a broader constellation of practices emphasizing collectivity, ecological thinking, and Indigenous cosmologies rather than a single emblematic work.

7 yayoi kusama works to know 2637394

Artnet News profiles seven key works by Yayoi Kusama, tracing her career from the 1960s to the present. The article highlights her iconic pieces such as *Narcissus Garden* (1966), a guerrilla installation at the Venice Biennale where she sold mirrored spheres, and *Death of a Nerve* (1976), a soft sculpture reflecting her emotional struggles after returning to Japan. It also notes her early life, including her traumatic childhood, move to New York, and friendships with artists like Georgia O'Keeffe and Joseph Cornell.

consignors revealed new york auctions may 2025 2637611

The article reports on the upcoming May 2025 marquee auctions in New York at Christie’s, Sotheby’s, and Phillips, which carry a combined low estimate of about $1.2 billion—similar to last year. However, the market faces headwinds from U.S. trade wars, stock market volatility, high interest rates, and ongoing global conflicts. Major consignors include estates (Len Riggio, Anne Bass), living patrons (Tiqui Atencio, Norman Braman), dealers (Daniella Luxembourg, Barbara Gladstone, Enrico Navara), and institutions (SFMOMA, Virginia Museum of Fine Arts, Phillips Collection). Notable lots include Sheldon Solow’s $70 million Alberto Giacometti at Sotheby’s and Riggio’s $50 million Mondrian at Christie’s. Collector Peter M. Brant is revealed as the seller of Basquiat’s Baby Boom (1982) and a John Currin painting at Christie’s.

Bruno Bischofberger, Swiss Art Dealer and Early Backer of Basquiat, Dies at 86

Bruno Bischofberger, the influential Swiss art dealer, collector, and historian, died on Saturday at age 86. He opened his first galleries in Zurich and St. Moritz in 1963, championed American Pop artists like Andy Warhol and Roy Lichtenstein, and became an early backer of Jean-Michel Basquiat, representing him from 1982. Bischofberger also helped found Interview magazine with Peter Brant and was a longtime exhibitor at Art Basel.

met gala 2025 looks artworks 2640024

The 2025 Met Gala, officially the Costume Institute Benefit, was held at the Metropolitan Museum of Art, launching the exhibition “Superfine: Tailoring Black Style.” The event drew a star-studded guest list, with celebrities channeling the theme of Black dandyism through tailored silhouettes, bold patterns, and luxurious fabrics. Several attendees, including Cardi B, Alicia Keys and Swizz Beatz, Colman Domingo, and Janelle Monáe, wore outfits that directly referenced specific artworks, such as Dante Gabriel Rossetti’s *Veronica Veronese*, Frank Stella’s *Rectangular Orange Painting with Diagonal Pattern*, and Hyacinthe Rigaud’s portrait of Louis XIV.

john chamberlain foil sculptures rockefeller center 2631056

Three large-scale aluminum foil sculptures by John Chamberlain have been installed at Rockefeller Center in New York City, marking their first U.S. appearance. The works—BALMYWISECRACK (2011), FIDDLERSFORTUNE (2010), and RITZFROLIC (2008)—were scaled up from Chamberlain's original palm-sized foil sculptures with the help of fabricator Ernest Mourmans, whose workshop solved the structural challenges of recreating foil's texture in monumental form. The installation is presented by Mnuchin Gallery and coincides with a mini Chamberlain festival at Rockefeller Center this spring, with Christie's also exhibiting related works.

basquiat ruscha sothebys now contemporary art sale may 2025 1234742440

Sotheby's three-part evening sale in New York on Thursday generated $186.1 million across 68 lots, landing near the high end of its $141 million to $204.9 million estimate. The sale included a focused 12-lot offering from the collection of late gallerist Barbara Gladstone, which sold all works without guarantees and totaled $18.5 million, and a 15-work guaranteed sale from dealer Daniella Luxembourg featuring postwar Italian artists, where Lucio Fontana's 'Concetto spaziale, La fine di Dio' (1963) achieved $14.5 million and Michelangelo Pistoletto's 'Maria Nuda' (1969) sold for $2.7 million after a five-minute bidding war.

Frank Stella’s Personal Collection of Navajo Textiles Goes on View for the First Time

A selection of Navajo textiles from the personal collection of minimalist artist Frank Stella is being exhibited and sold for the first time. The 55 textiles, dating from the late 19th and early 20th centuries, will be on view at Arader Galleries in New York from May 15 to June 10, then travel to Peter Pap Rugs in New Hampshire in June. Priced between $6,500 and $25,000, the collection includes a large 19th-century blanket that Stella lent to a seminal 1972 exhibition at LACMA. Stella began collecting these works in the mid-1960s after being introduced to Navajo art by Donald Judd and Tony Berlant.

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Artnet News published an alphabetical in memoriam list commemorating art world figures who died in 2024, including printmaker Norman Ackroyd, museum director Hope Alswang, sculptor Carl Andre, curator and writer David Anfam, painter Frank Auerbach, and gallerist Patti Astor. Each entry includes a brief tribute highlighting their key achievements and contributions, such as Ackroyd's meticulous printmaking techniques, Alswang's diversification of the Norton Museum of Art's collection, Andre's foundational role in Minimalism, Anfam's influential scholarship on Abstract Expressionism, Auerbach's distinctive painterly style, and Astor's pioneering East Village gallery.

joan miro constellations 3 things to know 2027830

Spanish Surrealist Joan Miró created the "Constellations" series of 23 paintings on paper between January 1940 and September 1941, during the turmoil of the Spanish Civil War and World War II. Fleeing to Normandy and later Palma de Mallorca, Miró used oil and tempera on small sheets, producing joyful, abstract works filled with floating forms reminiscent of music and the cosmos. The series was shipped to New York in 1944 and exhibited in 1945 at Pierre Matisse's gallery, where it captivated exiled European artists and may have influenced Jackson Pollock's all-over drip painting style.

diane arbus haunting new retrospective 2653004

The largest-ever exhibition of Diane Arbus's work, titled "Constellation," opens today at the Park Avenue Armory in New York City. Featuring over 450 prints—many previously unpublished—the immersive show debuted at LUMA Arles in 2023 and arrives in the U.S. with its original labyrinthine format. Curated by Matthieu Humery, the exhibition presents Arbus's iconic photographs of marginalized figures, celebrities, and everyday people without chronological or narrative order, emphasizing her equalizing gaze. The prints come from the collection of Maja Hoffmann, who acquired the complete set of printer's proofs from Neil Selkirk, the only person authorized by the Diane Arbus Estate to print from her negatives.

frieze new york 2025 museum and gallery guide 2628505

Frieze New York 2025 is approaching, and Artnet News has published a guide to must-see museum and gallery shows across the city. Highlights include dual exhibitions by Kennedy Yanko at Salon 94 and James Cohan, a solo show by Salman Toor at Luhring Augustine, two concurrent Picasso exhibitions at Gagosian and Almine Rech, and a major survey of Rashid Johnson at the Solomon R. Guggenheim Museum. The guide covers emerging and established artists, with shows running from April through July 2025.

bass house art auction christies 2634639

Christie's is offering nine artworks from the collection of Anne and Sid Bass as part of its Spring Marquee Week in May. The works, which include pieces by Mark Rothko, Agnes Martin, Frank Stella, Ellsworth Kelly, Morris Louis, and Gino Severini, were displayed in the Bass House in Fort Worth, Texas—a Modernist residence designed by architect Paul Rudolph in the early 1970s. The house was built to serve both as a home and a gallery for the couple's renowned art collection.

The Met is Finally Treating Lee Krasner as Pollock’s Equal—Will the Market Follow?

The Metropolitan Museum of Art has announced a major upcoming exhibition titled "Krasner and Pollock: Past Continuous," which aims to present Lee Krasner and Jackson Pollock as artistic equals. While the museum's narrative seeks to reframe Krasner as a formidable figure of the New York School on her own terms, the art market continues to reflect a significant valuation gap. Pollock’s auction record stands at over $61 million, while Krasner’s peak public sale remains just under $12 million, highlighting the persistent commercial struggle for female Abstract Expressionists.

christies auction anne sid bass mark rothko paul rudolph 1234739259

Christie’s will sell nine works from the Bass House, a Fort Worth, Texas home designed by architect Paul Rudolph for collectors Sid and Anne Bass, in its 20th century evening sale this May in New York. The group, with estimates totaling over $60 million, includes pieces by Mark Rothko, Alexander Calder, Ellsworth Kelly, Frank Stella, Agnes Martin, Gino Severini, and Morris Louis, with the top lot being Rothko’s *No. 4 (Two Dominants) [Orange, Plum, Black]* (1950–51) estimated at around $35 million. The works were carefully placed throughout the house, which was custom-built to prioritize art display, and most remained in their original positions after installation.

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The 28th edition of Paris Photo, which closed November 16, saw a surge in representation of women photographers, rising to 39 percent of artists on view from 20 percent in 2018. This shift is driven by the fair's Elles program, launched with France's ministry of culture, and a broader market appetite for rediscovered women artists. Notable sales included works by Ming Smith, whose vintage prints sold for up to €60,000 at M77 gallery, and offerings from Les Filles du Calvaire featuring Helena Almeida and Katalin Ladik. Richard Saltoun gallery returned after six years with a booth focused on women photographers.

olga de amaral appraisal 2653746

Art advisor Naomi Baigell recalls that when she managed Prudential's corporate art collection in the late 1980s and 1990s, executives refused to hang textile works by Colombian-born artist Olga de Amaral, preferring abstract paintings instead. Now 93 and still working, Amaral is experiencing a major market and institutional renaissance: the Institute of Contemporary Art in Miami is hosting a solo show of her work (through October 12), her pieces are included in MoMA's "Woven Histories" exhibition, and she has been represented by Lisson Gallery since 2019. In 2025, her auction performance has been stellar, with a new record of $1.16 million set in May for *Imagen perdida 27* (1996) at Phillips New York, and total sales of $4.07 million as of June.

contemporary frames 2622949

Artist Harry Gould Harvey IV and others are reclaiming the frame as an integral part of the artwork, using found wood and elaborate designs to embed narrative, memory, and place. Harvey, represented by P.P.O.W., began making frames from a fallen black walnut tree, while artists like Jenna Rothstein create ceramic frames with spiky thorns. The New Museum Los Gatos recently honored Holly Lane, a pioneer who milled Renaissance-style frames in the 1980s, challenging the minimalist norm.

rediscovered andy warhol films moma 2741801

A trove of previously undeveloped films shot by Andy Warhol and his team has been recovered and processed. The hour-long collection includes eight new Screen Test portraits, unused footage for known films, and significant pornographic footage predating his famous 'Blue Movie.' The films will premiere in a one-night-only screening at the Museum of Modern Art in New York.

Frank Stella’s eye-dazzling collection of Navajo weavings to go on view

An exhibition of Navajo (Diné) weavings from the collection of the late artist Frank Stella opens on 15 May at Peter Pap Rugs at Arader Galleries in New York City, running until 10 June. The show features 40 weavings from the 19th and early 20th centuries, acquired by Stella over four decades for their optical effects and resonance with his own work. Organized by dealer Peter Pap in collaboration with Stella’s widow Harriet McGurk, the exhibition also includes geometric drawings by Stella from the 1960s, on loan from the Frank Stella Estate.

princeton university art museum reopening 1234759500

The Princeton University Art Museum (PUAM) reopened after nearly six years, replacing its 1969 building with a 146,000-square-foot complex designed by Adjaye Associates. The new structure features nine interlocking modernist pavilions, a 40-foot mosaic by Nick Cave, and flexible spaces like a central hall convertible into a lecture hall. The museum's collection of 117,000 objects is installed with ahistorical juxtapositions, pairing works such as Andy Warhol's Blue Marilyn (1962) with a 14th-century Virgin and Child, and Titus Kaphar's To Be Sold (2018) with a George Washington portrait. The reopening follows controversy: David Adjaye stepped back from the project in 2023 after allegations of sexual misconduct, which he denied.

sothebys newly relocated to the breuer building reintroduces itself to new york 1234760682

Sotheby's has relocated its New York headquarters to Marcel Breuer's iconic Brutalist building on Madison Avenue, formerly home to the Whitney Museum, the Met Breuer, and a Frick Collection outpost. After a renovation by Herzog & de Meuron that restored original gallery proportions and upgraded infrastructure, the auction house is inaugurating the space with a series of exhibitions featuring three major single-owner collections—Leonard A. Lauder, Cindy and Jay Pritzker, and Exquisite Corpus—estimated at over a billion dollars. Highlights include Gustav Klimts from the Lauder trove, a Van Gogh still life from the Pritzker collection, a Frida Kahlo painting expected to set a record for a woman artist, and a Basquiat work in the contemporary evening sale.

centre pompidou close renovation 1234752875

The Centre Pompidou in Paris will close on September 22 for five years of renovation work, leaving the Paris art scene without one of its major institutions. Before closing, visitors have three more days to see the photography exhibition “Wolfgang Tillmans: Nothing could have prepared us – Everything could have prepared us,” which occupies 65,580 square feet in the Bibliothèque Publique d’Information. During the closure, the Pompidou will continue its “Constellation” program, dispersing collection holdings to partner institutions including Centre Pompidou-Metz, West Bund Museum in Shanghai, H’ART Museum in Amsterdam, the Grand Palais, and the future Centre Pompidou Francilien.

barbara jakobson collector moma trustee dead 1234751166

Barbara Jakobson, a prominent art collector and longtime trustee of the Museum of Modern Art (MoMA), died at age 92 on August 25 in Manhattan due to pneumonia. Known for her extensive network of relationships with artists, dealers, and curators, she was a central figure in the New York art world for decades. Jakobson served on MoMA's board since 1974, helped found the Studio Museum in Harlem in 1968, and persuaded dealer Leo Castelli to donate Robert Rauschenberg's iconic work "Bed" (1955) to MoMA. Her Upper East Side townhouse, filled with works by artists such as Matthew Barney, Diane Arbus, and Robert Mapplethorpe, was a testament to her lifelong engagement with contemporary art.

the asia pivot recap 2025 2726775

Artnet News's 'The Asia Pivot' reflects on its 2025 coverage, highlighting the expansion of Asia's art scene beyond traditional East Asian markets into emerging regions such as the Gulf, South Asia, and Central Asia. Key developments include the debut of the Bukhara Biennial in Uzbekistan, the opening of the Almaty Museum of Arts in Kazakhstan, and the flourishing art scene in Thailand with new private museums like Dib Bangkok. The report also covers major markets like China, Japan, and South Korea, noting the impact of geopolitical dynamics and market shifts.