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.

A $15M De Kooning Leads Lévy Gorvy Dayan’s New Auction-Style Sales Experiment

Lévy Gorvy Dayan is launching LGD Hammer, a new live-bidding platform that blends private sales with auction dynamics. The inaugural sale on May 16 will feature a 1984 Willem de Kooning painting estimated at $10–15 million, led by co-founder Brett Gorvy, a former auction veteran. The article also reports on gallery closures (Stephen Friedman Gallery, Galerie Philipp Zollinger, Astor Gallery), artist moves (Zoe Leonard to Maxwell Graham, Kehinde Wiley among creditors), and Sotheby’s upcoming single-owner sale of Joe Lewis’s collection expected to exceed $200 million.

The Venice Biennale’s Polite Fiction of Being ‘Above the Market’ Is Wearing Thin

The 61st Venice Biennale is underway, with art world figures flocking to Venice for the opening. While the Biennale is officially a non-selling curatorial platform, commercial interests are increasingly visible: galleries are funding artists' projects to recoup investments, auction houses like Christie's are hosting private selling exhibitions (including a 'Ghost Pavilion' at the Ca' Dario Palazzo), and fashion houses such as Bottega Veneta and Chanel are sponsoring events. Sotheby's has pulled support for the U.S. Pavilion, which is now crowdfunding, while Frieze is bankrolling the British Pavilion for a second time.

Los Angeles County Museum of Art’s new David Geffen Galleries reframe 6,000 years of history

The Los Angeles County Museum of Art (LACMA) is preparing to open its new $720m David Geffen Galleries, a massive undulating concrete structure designed by Pritzker Prize-winning architect Peter Zumthor. Spanning Wilshire Boulevard, the new building adds 110,000 square feet of gallery space and 3.5 acres of public parkland, marking the completion of a two-decade capital project led by Director Michael Govan. The facility will house the museum’s permanent collection, which has been largely out of public view for seven years, and features innovative exhibition strategies such as hanging artworks directly onto concrete walls.

British billionaire's £200m art collection most expensive ever offered in UK

British billionaire Joe Lewis will sell a tranche of his art collection in a standalone sale at Sotheby’s in London this June, estimated at £150m–£200m. This makes it the most valuable single-owner collection ever offered in the UK, surpassing the Pauline Karpidas collection which totalled £101m. Highlights include Gustav Klimt’s *Bildnis Gertrud Loew* (est £20m–£30m), Amedeo Modigliani’s *Homme à la pipe* (est £12m–£18m), and Francis Bacon’s *Two Studies for Self-Portrait* (est £8m–£12m). The sale follows a smaller March auction of four works from the Lewis collection that focused on School of London artists.

13 Nudes That Changed Western Art History

The article presents a curated list of 13 seminal Western artworks featuring the nude form, highlighting how each piece shifted artistic conventions and cultural perceptions. It begins with the Paleolithic Venus of Willendorf and moves chronologically through works by artists including Sandro Botticelli, Leonardo da Vinci, Lavinia Fontana, and Édouard Manet, analyzing their groundbreaking approaches to depicting the human body.

The New Exhibitions of the Pinacoteca Agnelli and the New Public Works on the Lingotto Park-Track: The Photos

Le nuove mostre della Pinacoteca Agnelli e le nuove opere pubbliche sulla pista-parco del Lingotto: le foto

The Pinacoteca Agnelli in Turin has launched a new exhibition program that includes the first major institutional retrospective in Italy dedicated to Swiss photographer Walter Pfeiffer, titled "In Good Company," running until September 13, 2026. Curated by Nicola Trezzi and Simon Castets, the show features over 100 photographs from the 1970s to today, blending iconic and unseen works that explore queer eroticism, everyday artifice, and collaborative image-making. Concurrently, the museum presents "Modigliani sottopelle. Quattro capolavori" as part of its "Beyond the Collection" series, placing four masterpieces by Amedeo Modigliani—including a loan from the Staatsgalerie Stuttgart and works from the Centre Pompidou—in dialogue with the permanent collection. Curated by Pietro Rigolo and Beatrice Zanelli, the exhibition takes an interdisciplinary approach combining art history, diagnostics, and scientific research, using an algorithm to analyze canvas weaves and propose a new dating for the iconic "Nu couché" acquired by Giovanni and Marella Agnelli in 1960.

Roma accoglie all’Ara Pacis 52 importanti opere dell’Impressionismo provenienti da Detroit

The Museo dell'Ara Pacis in Rome is hosting an exhibition titled 'Impressionismo e oltre' (Impressionism and Beyond), featuring 52 masterpieces on loan from the Detroit Institute of Arts. Curated by Ilaria Miarelli Mariani and Claudio Zambianchi, the show spans from the 1840s to the early 20th century, tracing the evolution of European painting through Impressionism, Post-Impressionism, and the avant-garde. Works by Degas, Renoir, Cézanne, Van Gogh, Picasso, Matisse, Modigliani, and others are displayed across thematic sections that explore the shift from academic tradition to modern visual language.

Max Mara will stage next cruise show in Shanghai’s Long Museum West Bund - FashionNetwork

Max Mara has announced that its next cruise show, the Resort 2027 collection, will take place at the Long Museum West Bund in Shanghai on June 16, 2026. The event will also mark the opening of a public exhibition titled 'The Max,' curated by French fashion expert Olivier Saillard, celebrating the brand's 75th anniversary. The show continues Max Mara's tradition of staging cruise collections in museums, following previous shows at Berlin's Neues Museum and Venice's Doge Palace.

David Nahmad maintains that his Modigliani was not looted by the Nazis

David Nahmad is continuing his legal battle to prove that his Modigliani painting, *Seated Man with a Cane* (1918), was not looted by the Nazis from the Jewish dealer Oscar Stettiner. Despite a recent New York ruling against him, Nahmad’s lawyers have filed a motion to review the case based on new eyewitness testimony. Two witnesses claim the painting they saw in the Van der Klip family—which bought the Nazi-looted work in 1944—is completely different from Nahmad’s painting, lacking a seated man or a cane. Nahmad’s legal team also cites a 1946 French bailiff report and a recent catalogue raisonné by Marc Restellini to argue that Mondex, the restitution firm working for Stettiner’s heirs, misidentified the work.

Nahmad Seeks to Reopen Modigliani Restitution Case With New Witnesses

David Nahmad's lawyers are asking a New York court to reconsider its April 3 decision in the restitution case over Amedeo Modigliani's *Seated Man with a Cane* (1918), which awarded the painting to the estate of dealer Oscar Stettiner. They cite new eyewitness testimony from Frédéric Allain, who recalls a different Modigliani—smaller, darker, and without a seated man or cane—hidden by the Van der Klip family in Paris during World War II, suggesting the wrong painting may have been the focus of the case. The filing also references a 1946 report describing the missing work as a self-portrait and a new catalogue raisonné by Marc Restellini that finds no link between the painting and Stettiner. Mondex, representing Stettiner's heirs, rejects the claims, asserting that *Seated Man with a Cane* bears Stettiner's name and was in the family's possession from 1944 to 1996.

New biography of Chaïm Soutine pieces together illusive artist's life and works

A new biography of Chaïm Soutine, the early 20th-century painter, has been published. The book, written by Celeste Marcus, attempts to piece together the life of the notoriously private and illusive artist, examining his journey from a Belarusian shtetl to the studios of Montparnasse, his complex relationships, and the myths that have grown around his work and persona.

Marc Restellini’s ‘atom bomb’ of a Modigliani catalogue raisonné is finally published

After nearly three decades of legal disputes and intense research, Marc Restellini has finally published his definitive catalogue raisonné of Amedeo Modigliani’s oil paintings. Released through the Institut Restellini and Yale University Press, the six-volume work utilizes forensic scientific analysis, spectrometry, and archival evidence to authenticate the artist's oeuvre. The publication includes 100 newly authenticated works while excluding 15 previously accepted paintings due to a lack of definitive evidence, marking a shift from connoisseurship to a fact-based methodology.

The Price Points Powering the Art Market

The article, part of the Artnet Intelligence Report: Year Ahead 2026, analyzes art market performance by price bracket in 2025. The $1 million-to-$10 million range was the strongest segment, with sales totaling $3.5 billion—a 20.8% increase from 2024. Sales above $10 million rose 36.1% to $2.3 billion, boosted by high-priced masterpieces at New York's November auctions. The $100,000-to-$1 million bracket saw $3.2 billion in sales, up 6%. Meanwhile, works under $10,000 and in the $10,000-to-$100,000 range grew less than 1%, indicating cautious buyer behavior.

Klimt, Modigliani, and Freud Lead $200M Lewis Collection at Sotheby’s London

Sotheby’s London will auction a collection of 50 masterpieces from billionaire Joe Lewis and his daughter Vivienne in June 2025, expected to exceed $200 million. Highlights include Gustav Klimt’s 1902 portrait of Gertha Felsőványi (estimate £20–30 million), Lucian Freud’s never-auctioned *Woman in a Grey Sweater* (1988), and Amedeo Modigliani’s *Homme à la Pipe* (1918), making its auction debut after 45 years unseen. The sale follows a successful March auction of School of London works from the same collection, which brought $47.7 million.

Masterpieces by Klimt, Matisse and Freud set for London’s most valuable auction

Sotheby's will auction a major collection of masterpieces by artists including Gustav Klimt, Henri Matisse, Lucian Freud, and Francis Bacon, consigned by Joe Lewis and his daughter Vivienne, whose family owns Tottenham Hotspur. The collection, expected to fetch over £150 million, is projected to become the most valuable ever offered in London, with highlights such as Klimt's 'Bildnis Gertrud Loew' (estimated £20-30m) and Egon Schiele's 'Danaë' (estimated £12-18m, potentially setting a new artist record). The works will be exhibited in New York and London before the June sales.

Fake Warhol, Haring and Banksy works seized in Italy

Des faux Warhol, Haring et Banksy saisis en Italie

Italian authorities have seized 143 counterfeit artworks attributed to Andy Warhol, Keith Haring, and Banksy. The works were on display in the exhibition "Pop to Street Art: Influences" in Reggio Calabria, Italy, and were provided on loan by a Belgian company. The carabinieri, in a transnational investigation extending to Liège, Belgium, identified the operation as part of a larger forgery network known as "Operation Cariatide." Eleven works remain under expert examination.

Family Tours of the Jeff Koons: Venus Lespugue Exhibition at Museum of Cycladic Art

The Museum of Cycladic Art in Athens is organizing special family tours for its ongoing 'Jeff Koons: Venus Lespugue' exhibition. The tours, scheduled for three Sundays in April, May, and June, are designed for parents and children aged 8-12 and will explore both the Koons exhibition and the museum's permanent collection of Cycladic art.