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trending_up market schedule May 21, 2026 visibility 27 link 4 artists, 1 gallery

Sotheby’s Buoyant $303.4 Million Modern Art Evening Sale: By the Numbers

Sotheby’s modern art evening sale on Tuesday night generated $303.4 million, with a 97.6% sell-through rate and a hammer total of $256.5 million. The top lot was Henri Matisse’s *La Chaise Lorraine* (circa 1919), which sold for $48.4 million after a prolonged bidding war. The house withdrew three lots before the sale to improve optics, and 85% of the lots were guaranteed, mostly by third parties. Asian collectors were active at seven-figure price points, contrasting with sparse high-end bidding at Christie’s the previous night.

newspaper Artnet News open_in_new Read original
trending_up market schedule May 20, 2026 visibility 17 link 16 artists, 2 galleries

Sotheby’s Hauls In $304 Million at Modern Art Auction, as Market Momentum Continues

Sotheby’s achieved $303.9 million in its modern art auction in New York, led by Henri Matisse’s *La Chaise Lorraine* (circa 1919) at $48.4 million and Pablo Picasso’s *Arlequin (Buste)* at $42.6 million. The sale included an auction record for a painted bottle, René Magritte’s *Femme-bouteille* (1955), which sold for $974,000. The auction featured conservatively priced material from smaller estates, with a 97.6% sell-through rate and a 63% increase over a similar sale last year.

newspaper Artnet News open_in_new Read original
trending_up market schedule May 26, 2026 visibility 2 link 4 artists

Taiwanese Pop Star Is the Buyer of $20 M. Matisse Painting at Sotheby’s

Taiwanese pop star Jay Chou revealed himself as the buyer of Henri Matisse's 1924 painting *La Séance du Matin* at Sotheby's modern art evening sale, where it sold for $20 million before fees ($21.2 million with fees). Chou, who guaranteed the work, received an $800,000 rebate and shared his emotional connection to the piece on Instagram, recalling visits to Matisse's home in Nice. The sale was part of a larger auction that also featured another Matisse, *La Chaise lorraine* (ca. 1919), which sold for $48.4 million.

newspaper ARTnews open_in_new Read original

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