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.
The Audain Art Museum in Whistler, British Columbia, raised a record-breaking $1.5 million at its 2026 annual gala, marking the institution's 10-year anniversary. The sold-out event, attended by over 500 guests, featured a live art auction of works by artists in the museum's permanent collection, with Stan Douglas's 1974 piece 'Coat Check' achieving a $200,000 hammer price—the highest ever for the gala.
Seoul Auction is holding its 191st art auction on April 28th at its Gangnam Center, featuring 141 works of modern, contemporary, and antique art with a combined low estimate of approximately 8.8 billion won. The highlight is Nam June Paik's 1997 video portrait installation 'Helen Kim,' estimated between 150-300 million won, alongside significant works by Lee Bae, Lee Ufan, Yoo Youngkuk, and Chang Ucchin.
The Downtown Artists Cooperative (DAC) held its Annual Live Art Auction Gala at the F&M Bank’s Franklin Room in Clarksville, Tennessee. This event marked the organization’s first in-person gala since the COVID-19 pandemic, featuring both live and silent auctions of original works donated by cooperative members. Attendees enjoyed a catered dinner and live musical performances while bidding on local art.