Phillips Modern & Contemporary Sale Nets $115.2 M., With Strong Results for Women Artists

Phillips’ modern and contemporary art evening sale on Tuesday achieved $115.2 million against a presale estimate of $84.2 million, its highest since 2022. All 40 lots sold, with standout results for works by living artists like Joseph Yaeger, whose painting fetched $477,300 against a $60,000 estimate, and Anna Weyant, whose work sold for $980,400. Works by 20th-century female artists including Lee Bontecou, Olga de Amaral, and Helen Frankenthaler also exceeded expectations, with Bontecou’s pastel setting a record for a two-dimensional work by the artist at $4.3 million.

Christie’s Kiran Nadar Exhibition Is the Latest Indicator of the South Asian Art Market’s Growing Importance

Christie’s London will host “The Meeting Ground,” a non-selling exhibition of works from the Kiran Nadar Museum of Art (KNMA) in New Delhi, from July 16 to August 21, 2025. The show features Indian modernists such as M.F. Husain, S.H. Raza, K.G. Subramanyan, and F.N. Souza, alongside contemporary South Asian artists, Indigenous art practitioners, and diaspora artists. Admission is free. The exhibition follows a series of record-breaking auction sales for South Asian art, including Husain’s *Untitled (Gram Yatra)* (1954) sold at Christie’s New York for $13.8 million in March 2025 and Raja Ravi Varma’s *Yashoda and Krishna* (ca. 1890s) sold at Saffronart for $17.9 million.

India's Kiran Nadar Museum to take over Christie's London headquarters this summer

The Kiran Nadar Museum of Art (KNMA) in New Delhi will take over Christie’s London headquarters this summer for a month-long non-selling exhibition titled "The Meeting Ground: Scenes from the KNMA Collection" (16 July-21 August). The show will feature 180 works by 60 Indian, Pakistani, and Bangladeshi artists from the 1950s to the present, drawn from billionaire collector Kiran Nadar’s vast collection of South Asian Modern art. The exhibition anticipates the delayed relocation of KNMA to a new 100,000 sq. m building near Delhi airport, designed by David Adjaye and now about 60% complete, with former Louvre Abu Dhabi director Manuel Rabaté appointed to run the museum.

Chanel Expands Support for Centre Pompidou Amid $535 Million Renovation

Chanel has announced a new five-year partnership with the Centre Pompidou in Paris, expanding its support for the museum during its landmark €460 million ($535 million) renovation. The fashion house, which has backed the Pompidou since 2019, will help preserve access to modern and contemporary art while the museum is closed to the public until its scheduled reopening in 2030. This follows a separate three-year deal in 2025 to grow the museum's collection of contemporary Chinese art by 30 percent, with a focus on women artists, and a 2024 acquisition of 21 works by 15 Chinese artists tied to an exhibition co-organized with Shanghai's West Bund Museum.

How Did Phillips Pull Off a $115.2 Million ‘White Glove’ Sale? Here’s What the Numbers Say

Phillips achieved a $115.2 million 'white glove' evening sale in New York on Tuesday night, with 41 of 43 lots sold and a 100% sell-through rate after withdrawals. The auction more than doubled last year's $52 million total, led by Andy Warhol's *Sixteen Jackies* (1964) at $16.2 million. Only three records were set—for P.S. Krøyer, Pat Passlof, and Joseph Yaeger—but the sale's success was driven by third-party guarantees on 21 lots and newly launched priority bids.

Phillips Posts $115.2 Million ‘White Glove’ Sale, Big Gain Over Last Year

Phillips’s evening sale of modern and contemporary art on Tuesday achieved a 'white glove' result, selling all 41 lots for a total of $115.2 million with fees, near the $121.7 million top estimate. The sale marked a 119 percent increase over the same sale last year, driven by strong bidding on works by Salman Toor, Lee Bontecou, P.S. Krøyer, Joseph Yaeger, Helen Frankenthaler, Anna Weyant, and Pat Passlof. Two works were withdrawn before the sale, and about half of the lots had third-party guarantees. Despite some lots hammering below their low estimates, including works by Andy Warhol, Francis Picabia, Henri Matisse, and a Jackson Pollock at the center of a lawsuit, the overall result signals renewed market confidence.

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.

At TEFAF New York, the Masterpiece Market Had Plenty to Celebrate

TEFAF New York returned to the Park Avenue Armory with record attendance on its Collector Preview day, May 14, featuring 90 exhibitors showcasing modern and contemporary masterpieces, antiques, decorative arts, and jewelry. Dealers reported strong sales across price tiers, including an Andy Warhol Mao sold by ML Fine Art within the first hour, a Lucio Fontana *Concetto Spaziale* for $2.3 million at Mennour, and works by Giorgio Morandi, Giosetta Fioroni, and Meret Oppenheim sold by Galleria d’Arte Maggiore g.a.m. A new secondary-market partnership, Pace Di Donna Schrader Galleries, debuted with a booth anchored by a 1956 Rothko, signaling renewed confidence in the market.

Dansaekhwa has taken over the modern art world. But the story of how that happened is up for debate.

The article examines the global rise of Dansaekhwa, a Korean monochrome painting style that has achieved record auction prices and widespread collector interest over the past decade. It traces key milestones, including two pivotal 2014 exhibitions at Kukje Gallery in Seoul and Blum & Poe in Los Angeles, and the surge in auction prices for artists like Kim Whan-ki, Park Seo-bo, and Chung Sang-hwa, culminating in a $13 million sale in 2019.

UAE art guide: 11 museum and gallery exhibitions to see, from Picasso to the Baghdad Modern Art Group

The article presents a guide to 11 current museum and gallery exhibitions across the UAE, following the conclusion of Art Dubai 2026. Highlights include "Picasso, The Figure" at Louvre Abu Dhabi, which examines Pablo Picasso's reinvention of the human body through works from the Musée National Picasso–Paris; "From the Perspective of Language" at The Third Line, featuring Sara Naim's paintings and video work; and "Move, pause, return" at Gallery Isabelle, marking its 20th anniversary with daily unveilings by artists including Hassan Sharif and Mohammed Kazem. Other notable shows include "Reflections: Modern and Contemporary Art from the Villain Collection" at Bassam Freiha Art Foundation.

Art Basel Qatar Announces Artistic Director and Theme for 2027 Edition

Art Basel Qatar has appointed Iraqi curator Wassan Al-Khudhairi as artistic director for its second edition, scheduled for January 28–30, 2027, in Doha. The fair will be themed “between / بين,” exploring states of betweenness and fluid cultural encounters, and will feature a scaled-up Special Projects sector with large-scale, site-specific works, alongside solo gallery presentations. Al-Khudhairi, a specialist in modern and contemporary Arab art, previously served as founding director of Mathaf: Arab Museum of Modern Art in Doha and held curatorial roles at the Contemporary Art Museum St. Louis.

Texas Vignette announces call for women artists to join 2026 Vignette Art Fair Sept. 30-Oct. 3 at On The Levee

Texas Vignette has announced an open call for Texas women artists to participate in the eighth annual Vignette Art Fair, scheduled for September 30 to October 3, 2026, at On The Levee in the Dallas Design District. Alison de Lima Greene, the Isabel Brown Wilson Curator of Modern and Contemporary Art at the Museum of Fine Arts, Houston, will curate the juried exhibition. Submissions open May 26 through June 26, with a $36 fee, and selected artists will be notified by August 17. The fair is free to the public on October 2-3, with ticketed preview events including a Patron Welcome Dinner and a Preview Benefit.

Early David Hockney piece expected to fetch thousands at upcoming auction

A rare early artwork by David Hockney, created when he was just 19, is heading to auction at Tennants Auctioneers' Modern and Contemporary Art Sale on June 13. The mixed media piece, titled *Bolton Junction Eccleshill, Bradford*, depicts scenes from Hockney's hometown and is expected to fetch between £7,000 and £10,000. Originally purchased by Hockney's tutor Malcolm Riley at the artist's end-of-year show, the work reflects the perspective lessons Hockney learned at Bradford Regional College of Art. The sale also features works by other notable northern artists, including two drawings by L.S. Lowry, pieces by mining artists Norman Cornish and Tom McGuinness, and ceramics by Pablo Picasso, alongside lots by Damien Hirst and David Bailey.

Who Won New York’s $2.1 Billion Auction Week?

New York City's spring auction week generated approximately $2.1 billion in sales across Christie's, Sotheby's, and Phillips, more than doubling the $1 billion total from May 2024. Christie's led with a $1.3 billion haul, driven by the $630.8 million S.I. Newhouse collection and record prices for works by Jackson Pollock ($181.2 million) and Constantin Brancusi ($107.6 million). Sotheby's netted around $737 million, including a Rothko from the Robert Mnuchin collection, while Phillips rebounded with $115.2 million in a white-glove sale, its strongest New York spring result since 2022.

Tutto venduto e il doppio del ricavo rispetto all’anno scorso. A New York fa boom anche l’asta di Phillips

Phillips held its Modern & Contemporary Art Evening Sale in New York on May 19, 2026, achieving a complete sell-out with a total of $115.2 million. All 41 lots were sold, doubling the result from May 2025 ($52 million). Top lots included Andy Warhol's *Sixteen Jackies* ($16.2 million), Claude Monet's *La Route de Vétheuil, effet de neige* ($9.9 million), and Jackson Pollock's *Untitled* (1948) ($9.2 million). New auction records were set for Lee Bontecou, Pat Passlof, P.S. Krøyer, and Joseph Yaeger, while works by Salman Toor and Cecily Brown also sold above estimates.

Modern and Contemporary Middle Eastern Art: Online - Christie's

Christie's is presenting an online sale titled "Modern and Contemporary Middle Eastern Art: Online" from June 2–16, 2026, in London. The auction features 62 lots by leading modern and contemporary artists from the Gulf, the Levant, Iraq, Iran, and North Africa, including works by Samia Halaby, Saliba Douaihy, Baya, Parviz Tanavoli, Mohamed Melehi, and Abdul Halim Radwi. The sale marks 20 years since Christie's inaugural Middle Eastern art auction in the UAE in 2006.

SFMOMA is hosting a free admission day this weekend, including a new Matisse exhibition

SFMOMA is hosting a free community day on Sunday, May 24, 2026, offering free admission to all visitors. The event includes access to the museum's permanent collections and a newly opened temporary exhibition titled "Matisse’s Femme au chapeau: A Modern Scandal," centered on Henri Matisse's iconic painting. The museum also features the recently reimagined Fisher Collection, with nearly 250 works on view, and a year-round free gallery space spanning 45,000 square feet.

The Kiran Nadar Museum of Art and Christie's Unveil 'The Meeting Ground: Scenes from the KNMA Collection' - Christie's

The Kiran Nadar Museum of Art (KNMA) in New Delhi and Christie's London have announced a major institutional exhibition titled 'The Meeting Ground: Scenes from the KNMA Collection,' running from 16 July to 21 August 2026 at Christie's King Street. The show brings together modern and contemporary works alongside folk and indigenous art from South Asia, curated by Akansha Rastogi with a team of curators. It features artists such as M.F. Husain, S.H. Raza, Zarina Hashmi, and Jangarh Singh Shyam, and is part of KNMA's ongoing international programme.

India’s Kiran Nadar Museum to stage major South Asian art exhibition at Christie’s London.

The Kiran Nadar Museum of Art (KNMA) will present a major exhibition from its collection at Christie’s London this summer, running from July 16th through August 21st at Christie’s King Street headquarters. Titled “The Meeting Ground: Scenes from the KNMA Collection,” the exhibition marks the first time Christie’s annual exhibition series has been dedicated to a South Asian institution, featuring works from the New Delhi-based museum’s holdings.

Early David Hockney artwork to be sold at auction

A previously unseen early artwork by David Hockney is being offered at auction through Tenants Auctioneers. The piece was purchased directly from Hockney's end-of-year student show by a buyer named Riley and has remained in the same family ever since. Francesca Young, a modern and contemporary art specialist at the auction house, described the consignment as a rare and exciting discovery.

Phillips’ Evening Sale of Modern & Contemporary Art More than Doubles Auction Total from the Previous Year

Phillips’ Evening Sale of Modern & Contemporary Art achieved a total that more than doubled the previous year's auction result, driven by strong demand for works spanning the 19th to 21st centuries. The sale opened with three lots exceeding their high estimates, including record prices for Lee Bontecou's rare 'Untitled' (1985-2001), which set a new record for any two-dimensional work by the artist after nearly five minutes of bidding. Other records were set for Pat Passlof, P.S. Krøyer, and Joseph Yaeger. Top lots included Andy Warhol's 'Sixteen Jackies' ($16.2 million), Claude Monet's 'La Route de Vétheuil, effet de neige' ($9.9 million), and Jackson Pollock's 'Untitled' ($9.2 million). The sale also featured works from The Collection of Ambassador John L. Loeb, Jr., which achieved a combined $8.4 million, with two Vilhelm Hammershøi works acquired by prominent institutions.

A world record for Lena Cronqvist and several million-plus sales at Stockholms Auktionsverk’s spring art auctions

Stockholms Auktionsverk's spring auctions, The Modern Art Sale and The Contemporary Art Sale, achieved strong results including a world record for Lena Cronqvist's sculpture "Flicka med flätor och parasoll", which sold for nearly SEK 1.9 million. Other top sales included Andy Warhol's "Queen Elizabeth II" at SEK 2.5 million, Jean-Paul Riopelle's "Arthur" at SEK 1,875,000, and Warhol's triptych "Ingrid Bergman" at SEK 1.25 million. Karin Parrow also set a new personal record with "Kappseglingsdag" selling for SEK 231,250.

Da Carrà e de Chirico a Giorgio Morandi, ecco le nuove aste di Farsetti a Prato

Farsettiarte in Prato will hold two auctions at the end of May 2026, featuring modern and contemporary art. The Contemporary Art sale takes place on May 29, followed by the Modern Art sale on May 30, with highlights including works by Giorgio Morandi, Carlo Carrà, Giorgio de Chirico, Afro, Giuseppe Capogrossi, Piero Dorazio, and Hans Hartung. A rare Morandi still life from 1921 is estimated at €1.3-1.6 million, while de Chirico's 'Piazza d'Italia' (1963) carries an estimate of €220,000-320,000.

La grande artista Carla Accardi e l’arte italiana sono da record nell’asta da Dorotheum a Vienna

Dorotheum opened its Contemporary Week in Vienna on May 19, 2026, with modern and contemporary art sales that achieved strong results, particularly for Italian artists. Carla Accardi set a new auction record when her 1986 triptych *Fonda Notte Pieno Giorno* sold for €520,000, while works by Piero Dorazio, Emilio Vedova, Marino Marini, and Gino Severini also far exceeded their estimates. Top lots included Claude Monet’s *Waterloo Bridge* (€611,000) and Mikuláš Medek’s *Too Deep a Sleep V* (€546,000).

A historic alliance: Inside the strategic partnership between M+ and the Centre Pompidou

M+ museum in Hong Kong and the Centre Pompidou in Paris have announced a strategic partnership, marking a significant cross-cultural collaboration between two major institutions. The alliance will involve joint exhibitions, curatorial exchanges, and shared programming, aiming to deepen ties between Asian and European art scenes. The partnership is seen as a historic move to foster dialogue and knowledge-sharing across continents.

Interview with Pietro Vallone, new president of the Association of Modern and Contemporary Art Galleries in Italy

Intervista a Pietro Vallone nuovo presidente dell’Associazione delle gallerie d’arte moderna e contemporanea in Italia

Pietro Vallone, partner and financial director of Massimo De Carlo, has been elected the new president of ANGAMC (Associazione Nazionale Gallerie d'Arte Moderna e Contemporanea) for the 2026-2030 term. The election took place during the association's ordinary assembly at Triennale di Milano on May 25, 2026, where a new board of directors, including vice presidents Giovanni Bonelli and Claudia Ciaccio, was also appointed. In an interview following his election, Vallone addressed the challenges facing Italian galleries, including a structural slowdown in the global art market due to geopolitical instability, economic shifts, and changing patterns of cultural consumption and collecting.

Auctions of the week: ancient art, design and antiques

A busy week of auctions is scheduled for May 21-27, 2026, spanning Milan, New York, and other global hubs. Italian auction houses including FarsettiArte, Wannenes, Gonnelli, Finarte, Capitolium AuctionHouse, Pananti, Aste Bolaffi, Il Ponte, Maison Bibelot, Babuino Fine Art Auctions, and Pandolfini will offer paintings, drawings, sculptures, antiques, design, jewelry, and vintage fashion. International houses Christie’s, Sotheby’s, Bonhams - Cornette de Saint-Cyr, and Dorotheum also hold sales in New York, Zurich, Paris, and Vienna, covering post-war and contemporary art, handbags, fine wine, and antiques.

Saudi artists explore faith in Hajj exhibit held in car showroom

A car showroom in Jeddah, Saudi Arabia, was transformed into a Hajj-themed art gallery for the exhibition "Where the Journey Begins," held from May 4 to 14. Organized by Genesis Mohamed Yousuf Naghi Motors Co. and the Darb Al-Fann foundation, the show featured over 25 artworks selected from more than 100 entries by a committee of well-known Saudi artists. The works, created by modern and contemporary Saudi artists including Sultan Othman, Mohammed Jamal, and Majed Baswad, explore the spiritual stages of the Hajj and Umrah pilgrimages, from Makkah through ritual sites to Madinah.