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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.

New £5.5m record for Islamic glass leads London sales

The spring Islamic and Indian art auctions in London, held at Sotheby's and Christie's in late April, achieved strong results despite geopolitical tensions. Sotheby's Arts of the Islamic World & India sales totaled £14.8m, while Christie's Art from the Islamic and Indian Worlds sale and the Mary and Cheney Cowles collection brought in £17.6m. The top lot was a rare 14th-century Mamluk gilded glass bowl from the Toledo Museum of Art, which sold for £5.5m—a new auction record for Islamic glass. Other highlights included a 17th-century Mughal astrolabe that sold for £2m at Sotheby's, setting a record for an Islamic scientific instrument, and strong sales of Iznik ceramics from two old English collections.

A Smaller Art Brussels Represents a Shift in the Fair Ecosystem Toward a ‘Quality-First’ Approach

Art Brussels, now in its 42nd edition (April 23–26), has downsized from 164 to 138 participating galleries, a 15% reduction that allows the fair to fit entirely within one hall of Brussels Expo. Director Nele Verhaeren openly acknowledged the shift, framing it as a deliberate move toward a 'quality-first' approach that prioritizes visitor experience over sheer scale. The fair introduces a new section called Horizons, curated by Devrim Bayar of the upcoming Kanal-Pompidou museum, featuring seven large-scale works in the freed-up space. Dealers like Xavier Hufkens and Nadja Vilenne support the strategy, noting that galleries must now carefully choose which fairs to attend amid rising costs and geopolitical tensions.

New York Is About to Sell $3 Billion in Art. Who’s Buying?

Vanity Fair's Nate Freeman reports on New York's spring art season, where auction houses are poised to sell at least $2.6 billion in art alongside major museum exhibitions (Raphael at the Met, Duchamp at MoMA, Matisse at Acquavella) and the opening of Frieze New York at The Shed. The article follows the social and commercial frenzy, highlighting a David Shrigley gong installation at Anton Kern Gallery's booth and the enduring dominance of New York, where nearly 90% of U.S. art sales occur.

Christie’s S. I. Newhouse Sale Totals $630.8 M., Bringing Cumulative Total to $1 B.

Christie’s evening auction of 16 works from media magnate S.I. Newhouse’s collection totaled $630.8 million with fees, setting multiple records. The top lot was Jackson Pollock’s *Number 7A, 1948*, which sold for $181.2 million after a 10-minute bidding war, more than doubling Pollock’s previous auction record. Other highlights included Constantin Brâncuși’s *Danaïde* (ca. 1913), which set a new record for the artist at an undisclosed price above $82 million, and strong results for works by Joan Miró, Jasper Johns, and Pablo Picasso.

Star-Studded Doc on Auction Icon Simon de Pury Heads to Cannes

A new feature-length documentary titled "The Hammer" will premiere at this spring's Cannes Film Market, chronicling the five-decade career of Swiss auctioneer and art advisor Simon de Pury. Produced by Simon Wallon, who previously made a documentary on casting director Bonnie Timmermann, the film features cameos from artists Marina Abramović, Jeff Koons, Ai Weiwei, and Chloe Wise, and includes executive producer Catherine Quantschnigg. Filming took place in New York, Tokyo, London, Cannes, Miami, and Monaco between July 2023 and February 2025.

Three Filipino artists make the Sovereign Asian Art Prize 2026 shortlist

The Sovereign Asian Art Prize, now in its 22nd year, has announced its 2026 shortlist of 30 artists from 12 Asia-Pacific countries and territories. Among the finalists are three Filipino artists: Joey Cobcobo, Josephine Turalba, and Alvin Zafra. Cobcobo's nominated work, "Ika-8 Utos: Wag Kang Kukurap (Thou Shall Not Steal)," addresses corruption in the Philippines using a recycled canvas walked on by the public. Turalba, a transdisciplinary artist, has exhibited at Art Basel Hong Kong 2025 and serves as director of the Artistic Research Center at Philippine Women's University. The prize is run by the Sovereign Art Foundation, with proceeds from shortlisted works supporting its Make It Better charity program for children in Hong Kong.

Your guide to Christie's 20/21 auction week in New York

Christie's is holding its 20/21 auction week in New York from May 9–22, 2026, featuring seven live auctions and two online sales at its Rockefeller Center galleries. Highlights include the dedicated sale "MASTERPIECES: The Private Collection of S.I. Newhouse" (led by Constantin Brancusi's *Danaïde* and Jackson Pollock's *Number 7A, 1948*), the Impressionist and Modern Art Day Sale, and "Defined Space: The Collection of Henry S. McNeil, Jr.," which focuses on Minimalist works by Donald Judd and Dan Flavin. Other consignors include prominent collectors Agnes Gund, Marian Goodman, and Joanna Carson. The public can view works for free from May 9–21.

Online Auctions Continue to Draw in First-Time Art Buyers as Sales Grow

Online-only sales of fine art at Christie’s, Sotheby’s, Phillips, Bonhams, and Artnet Auctions reached $423.9 million in 2025, an 8 percent increase from 2024. The number of lots sold remained steady at 29,623, but the average price per work rose 8.6 percent to $14,309. Sales were 270 percent higher than in 2019, before the pandemic accelerated the shift to digital auctions. Christie’s reported that 63 percent of new buyers in 2025 made their first purchase online.

Online-Only Art Auctions Overwhelmingly Succeed in 2025

A new report from Artnet reveals that online-only auctions at Sotheby’s, Christie’s, Phillips, Bonhams, and Artnet Auctions generated $423.9 million in 2025, an 8% increase from 2024. The average price of artworks sold online also rose 8.6% to $14,309, with some platforms like Fair Warning finding success through hyper-specific sales, such as one centered on Andy Warhol’s 1974 portrait of Brigitte Bardot. Christie’s reported that 63% of new buyers made their first purchase online in 2025, where the average price point was $22,700.

Rare art lands in new downtown Calgary gallery ahead of auction

Cowley Abbott Fine Art, a Toronto-based auction house, has opened its first permanent western Canada gallery in Calgary's East Village. The new space launches with a three-day public preview of museum-quality artworks heading to its Spring Live Auction on May 27 at the Globe and Mail Centre in Toronto. Highlights include rare works by Pierre-Auguste Renoir, Vincent van Gogh, Emily Carr, and members of the Group of Seven such as Lawren Harris and A.Y. Jackson. Among the standout pieces is Emily Carr's 1936 canvas "Wind," estimated at $500,000 to $700,000, and a Lawren Harris painting valued similarly. The gallery aims to attract both collectors and casual visitors, with Peter Ohler, Western Canada Representative and Director of Private Sales, emphasizing that the space is open to anyone interested in art.

Art Market Auctions Recovered Late 2025, But Not A "Comeback" – Citi Wealth

Citi Wealth's report, "State of the Art Market 2026: Don’t Call It A Comeback," finds that the global art market entered 2026 with renewed optimism, but confidence is highly selective and concentrated at the high and accessible ends. The November 2025 Modern and Contemporary Art auctions in New York surged 77% year-on-year to $2.2 billion, driven by the record-breaking $236.4 million sale of Gustav Klimt's *Portrait of Elisabeth Lederer* from the Leonard Lauder collection. However, numerous galleries closed in 2025, including BLUM gallery and Venus Over Manhattan, and traditional hubs like London and New York face slow growth while emerging regions gain influence.

miart’s Three-Tier Experiment Reflects a Changing Milan

The 30th edition of the miart art fair in Milan took place from April 17-19 at a new venue, the Allianz MiCo conference hall. The fair introduced a disruptive three-tiered layout across three floors, dividing its offerings into Emergent and Established sections, and featured a mix of early 20th-century modern masters and contemporary works, distinguishing it from Italy's other major fair, Artissima.

TikTok Shop adds ‘fine art’ category—will it disrupt the art market?

TikTok Shop has launched a new "fine art" category within its collectibles section, allowing artists to sell original artworks directly through shoppable videos, photographs, and livestreams. The category debuted with a three-hour live sale by artist Sophie Tea, who created a series of 20 oil paintings titled *Bric-a-Brac* and sold them for £2,800 each. The sale faced technical glitches—items added to baskets were prematurely marked as sold, causing confusion—and required workarounds for TikTok's pricing caps, automatic discounts, and shipping policies.

Korean modern masters lead K Auction’s May sale

K Auction will hold its May sale on May 27 at its headquarters in Sinsa-dong, Seoul, offering 83 works by Korean modern and contemporary masters with a combined estimated value of around 10.4 billion won. Highlights include Suh Do-ho's large-scale installation "Cause & Effect" (estimated 280 million to 600 million won), Kim Whan-ki's untitled 1969 painting from his New York period (estimated 780 million to 1.5 billion won), and Yoo Young-kuk's abstract landscape "Mountain" from 1988 (estimated 400 million to 800 million won). The sale also features works by Dansaekhwa artists Yun Hyong-keun, Park Seo-bo, and Lee Ufan, alongside contemporary artists Angel Otero, Anna Park, and Woo Kuk-won.

Vânia Quintão | Cold Afternoon (2023) | For Sale

Brazilian artist Vânia Quintão is offering her 2023 painting "Cold Afternoon" for sale through Inn Gallery. The acrylic-on-canvas work, sized 70 × 100 cm, depicts a suspended, cool-toned landscape under a diffuse blue sky. Quintão, a self-described cultural producer and fundraiser based in Belo Horizonte, has exhibited internationally including at the Louvre Museum in Paris and won prizes at The Holly Art Exhibition (London) and Art Connects Women (Dubai). The work is hand-signed, includes a certificate of authenticity, and is priced at US$1,500.

Venice Family Clinic’s Art Exhibition + Auction

The 47th annual Venice Family Clinic Art Exhibition + Auction will take place May 8–17, 2026, at 910 Abbot Kinney in Venice, Los Angeles. Founded in 1979 as the Venice Art Walk, it is the city’s longest-running charity art exhibition, featuring Signature Artist Alison Saar and over 150 established and emerging Los Angeles artists. Proceeds support Venice Family Clinic’s health care services for more than 45,000 patients across the Westside, Inglewood, the South Bay, and beyond.

Aude Herledan | Black Venus (2015) | For Sale

This is a sales listing for Aude Herledan's bronze sculpture "Black Venus" (2015), an editioned work from her series "Faithful To My African Roots." The piece is offered by 1831 Art Gallery in Paris, with a certificate of authenticity and price available on request. The listing also provides a biography of Herledan, a French-born artist raised in Kinshasa who studied at the École Estienne, Parsons School, École des Beaux-Arts, and École du Louvre, and who has shown at major fairs including TEFAA and Art Paris.

THE ART OF SCALE: LARGE WORKS | An Online Exclusive Exhibition

JoAnne Artman Gallery presents 'The Art of Scale: Large Works,' an online exclusive exhibition running from April 27 to June 1, 2026. The show features 11 large-scale artworks by artists including America Martin, Mandy Racine, Martin Adalian, Mary Finlayson, Greg Miller, Anja Van Herle, CRASH (John "Crash" Matos), and Chris Watts, with prices ranging from $9,500 to $72,000.

Artnet et Artsy amorcent leur intégration

Artnet and Artsy, both acquired in 2025 by British fund Beowolff Capital, are beginning their integration under a shared management structure while maintaining separate brands and websites. The reorganization has already involved job cuts and aims to more closely align market data, online visibility, and transactions amid a fragile online art sales environment.

Art on the Square returns for 24th year with art, food and entertainment

Belleville Art on the Square returns for its 24th year from May 15-17, 2026, in downtown Belleville. The festival features over 100 artists from more than 27 states and one international artist, showcasing works in multiple mediums. Highlights include artist demonstrations by the Gateway East Artists Guild, a high school art show with judged awards, a Children's Art Garden with interactive activities, live entertainment at the Wine Court, and food vendors offering a variety of cuisines. Admission is free, and the event runs Friday evening through Sunday afternoon.

New Loveland gallery celebrates motherhood with inaugural show

Sparrow Art Center, an art education company, has opened a new gallery and teaching facility in Loveland, Colorado, and is hosting its inaugural art show with a Mother's Day theme. The exhibition features work from over a dozen artists, including owner Cody Winiecki, who contributed a painting of a horse and foal. The show includes a free public reception on Saturday evening, as well as painting sessions for mothers and children. All proceeds from sales go directly to the artists, and the show will run until early June.

A unique breast cancer charity raising money through art

Belinda Gray, founder of breast cancer charity Art For Cure, shares her story ahead of the charity's latest exhibition at Wyken Vineyards. After her own breast cancer diagnosis and treatment, Gray launched Art For Cure in 2014, initially hosting an exhibition in her home and garden that drew 2,000 visitors and raised £100,000. The charity has since sold over £3 million worth of art through exhibitions and online sales, with a percentage of each sale donated by artists to fund UK breast cancer research and support services. Gray, who had no prior art-world experience, now leads a voluntary team of 10 people staging annual public exhibitions at unique venues.

"Bloom Beyond Sight" , 2026

Bonu Deji's painting "Bloom Beyond Sight" (2026) is being offered for sale through Art R us gallery in Naples, Florida. The acrylic and oil on canvas work, sized 25 × 31 inches, is priced at US$1,400 and comes with a certificate of authenticity. Deji, a Nigerian artist born in 2003 and based in Lagos, creates figurative works exploring poverty, labor, resilience, and human dignity. The piece was exhibited in 2026 at Art R us's breakout exhibition of the artist and previously in the 2025 group show "Faces of Us" at The Zebra Gallery.

Shaohua Nong | Shaohua Nong Animal Original Oil On Canvas "Twain II… (2015) | For Sale

Chinese artist Shaohua Nong (b. 1960, Linfen, Shanxi) is offering an original oil on canvas titled "Twain II" (2015) for sale at US$1,300 through the gallery Sojourner in New York. The 25 × 37 inch painting is hand-signed, includes a certificate of authenticity, and is listed on Artsy with a money-back and authenticity guarantee. Nong, a member of the Shanxi Branch of Chinese Artists Association, has exhibited widely in China and internationally, including at Hong Kong ART CENTRAL Art Fair, Shangshang Art Museum in Beijing, and the Nanjing International Art Exhibition.

Salt Lake Art Show Debuts, Bringing a Community-Centric Vision to the Rapidly Growing Western Art Market

The inaugural Salt Lake Art Show will debut May 14–17, 2026 at the Mountain America Expo Center in Sandy, Utah. Founded by father-daughter team Kevin O’Keefe and Briana Dolan of Peaks Art Fairs and the Reno Tahoe International Art Show, the fair features nearly 200 exhibitors from 20 U.S. states and five countries, organized into six segments including Galleries, Studios & Collectives, Utah Treasures, Bespoke Furniture, Sculpture Walk, and First Nations, Indigenous Peoples. The show emphasizes accessibility, interdisciplinary programming, and community engagement, building on the Reno Tahoe model that has doubled in size twice and generated millions in art sales.

Park Soo-keun's Early Recognition and Record-Breaking Art Sales

A newly discovered 1931 newspaper article reveals that the renowned Korean artist Park Soo-keun (1914–1965) received early public recognition as a teenager in the Chosun Ilbo, which described him as the "only painter in Yanggu." The article traces his artistic journey from his first selection at the Chosun Art Exhibition in 1932 with his watercolor *Spring Arrives* to his later success in the 1950s and 1960s, including winning awards at the National Art Exhibition and being appointed a judge. It also notes that his painting *The Laundry Place* recently sold for 4.7 billion won, setting a record at a domestic art auction.

Cosgrove Care spring art exhibition ends with special closing celebration

Cosgrove Care's Spring Art Exhibition concluded with a closing celebration on April 23 at Eastwood Park Theatre and Gallery in East Renfrewshire. The exhibition, which ran from April 2-23, featured works from 22 Cosgrove artists on the theme 'Awakening of the Landscape After a Cold, Harsh Winter'. Blair McDougall, MP for East Renfrewshire, attended and purchased an artwork for his parliamentary office. The event brought together artists, families, supporters, and board members, including Dr David and Mrs Carole Walton, and Kayleigh Quinn. New chief executive Carolann Lanigan praised the artists' passion and creativity, supported by Arts Tutor Susan Kennedy.

Grind – Charity Skateboard Art Exhibition Ramps Up For Its Third Year In Loganholme

FIRST Disability Support & Training Service in Loganholme, Queensland, is hosting the third annual Grind skate deck art exhibition in July 2026, with over 100 entrants from across Australia. The exhibition features custom-designed skateboard decks by members of the public, school students, and people living with disabilities, under the theme 'Myths, Monsters & Mayhem'. Judges include skateboard deck artist Brett Clifton, Skate Advantage ambassador Matilda Wilson, and metalwork artist Colleen Lavender, with a live skate demonstration by professional skater Jesse Noonan.

Art exhibits to open Sunday in Port Hadlock

A reception for artists Britt Greenland and Quimper Art will be held Sunday, May 10, 2026, from 3 p.m. to 4 p.m. at Bayside Art Gallery in Port Hadlock, Washington. The event celebrates the opening of two exhibits: Greenland's "Shimmering Light," featuring ten new oil paintings of Cascade and Puget Sound landscapes, and Quimper Arts' "Painted From Life," a group show of works in charcoal, pastel, and watercolor created through direct observation. All artwork is for sale, with proceeds benefiting Bayside Housing and Services, a local nonprofit supporting people experiencing homelessness and poverty in Jefferson County.