Christie’s $1.1 Billion Night Signals a Stunning Rebound for the Art Market

Christie’s achieved $1.1 billion in sales during a single evening auction on Monday, marking a dramatic rebound from the previous year when the three major New York auction houses combined sold that amount over the entire May season. The sale featured trophy works from the collections of S.I. Newhouse and Agnes Gund, with Jackson Pollock’s *Number 7A (1948)* selling for $181.2 million and Mark Rothko’s *No. 15 (Two Greens and Red Stripe)* fetching $98.4 million. Despite the strong overall results, seven of the 16 works in the Newhouse sale hammered below their low estimates, and Constantin Brancusi’s *Danaïde* failed to reach its $100 million estimate, indicating price resistance even for top-tier art.

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.

Robert Mnuchin's $85.7m Rothko leads Sotheby's $407.5m auction in New York

Sotheby's evening auction in New York on May 13, 2025, realized $407.5 million ($433.1m with fees), led by Mark Rothko's "Brown and Blacks in Reds" (1957) from the collection of the late dealer Robert Mnuchin, which sold for $74m ($85.7m with fees). The sale opened with all eleven lots from Mnuchin's collection achieving a 'white glove' result, totaling $140.7m ($166.3m with fees), and continued with a mixed-vendor contemporary section that added $223m ($266.8m with fees), setting four new artist records.

The Most Expensive Jean-Michel Basquiat Works Ever Sold at Auction

ARTnews published a listicle ranking the most expensive Jean-Michel Basquiat works ever sold at auction, updated as of May 15, 2026. The article traces Basquiat's rise from street artist under the moniker SAMO to a major figure in the downtown New York scene, highlighting key relationships with Keith Haring, Diego Cortez, and curator Henry Geldzahler. It notes that Basquiat's entire mature output was created between 1981 and 1984, and that his 1983 painting *Museum Security (Broadway Meltdown)* sold at Sotheby's in May 2026 for $52.7 million, placing it among his top sales. The piece also details earlier top sales, including *Untitled* (1982) for $29.3 million at Christie's in 2013 and *Flesh and Spirit* (1982–83) for $30.7 million at Sotheby's in 2018.

Frieze New York, the Cranach in Hitler’s Munich apartment, Ajamu X—podcast

This episode of The Art Newspaper's podcast covers several art-world stories. Ben Sutton and Kabir Jhala discuss the current edition of Frieze New York, alongside other concurrent fairs like Esther and Tefaf, and preview the upcoming New York auctions. Ben Luke interviews Martin Bailey about a Lucas Cranach the Elder painting, 'Cupid Complaining to Venus' (1526-27), which once hung in Adolf Hitler's Munich apartment, with a newly published photograph from the 1940s. The episode also features a segment on Ajamu X's 'Glamour Posse' series from the early 1990s, part of the touring exhibition 'Gender Stories' opening at the Walker Art Gallery in Liverpool, with comments from gallery head Charlotte Keenan.

Marian Goodman’s $35.1 M. Richter ‘Candle’ Leads Christie’s Tepid $162.7 M. Trio of Postwar and Contemporary Sales

Christie’s New York held a trio of postwar and contemporary art evening sales on Wednesday night, totaling $162.7 million with fees, just meeting expectations. The auction was led by a Gerhard Richter painting, *Kerze (Candle)*, which sold for $35.1 million, and featured a collection of eight Richter works from the estate of revered dealer Marian Goodman, which collectively hammered at $66 million. Other highlights included a Donald Judd stack from the estate of collector Henry S. McNeil, selling for $12.8 million, and a Richter *Mohn (Poppy)* that achieved $20.1 million. Only one lot, an Ed Ruscha canvas, failed to sell.

The Top Collections Leading the May Marquee Auctions

The article reports that the May 2025 marquee auctions at Christie's and Sotheby's are being driven by a resurgence of major single-owner collections, reversing a period of trophy scarcity in the secondary market. Key collections include the $130 million Robert E. Mnuchin collection at Sotheby's, the personal collection of gallerist Marian Goodman at Christie's, and the S.I. Newhouse collection expected to generate around $450 million, featuring Jackson Pollock's 'Number 7A (1948)' and Constantin Brancusi's 'Danaïde (1913)'. The article notes that the ultra-high tier above $10 million rose 30% year-on-year, and single-owner collections in New York auctions totaled $730.9 million, an 89.9% increase from Q1 2025.

New York auctions, James McNeill Whistler at Tate Britain, Edvard Munch—podcast

This episode of The Art Newspaper's podcast 'The Week in Art' covers three major stories: the spring auction results in New York, which saw record prices for works by Jackson Pollock, Constantin Brancusi, and Mark Rothko; the opening of the largest James McNeill Whistler exhibition in Europe in over 30 years at Tate Britain in London, which will later travel to the Van Gogh Museum and The Mesdag Collection in the Netherlands; and a feature on Edvard Munch's 1922 frieze from the Freia Chocolate Factory, currently on loan to the Munch museum in Oslo for the exhibition 'Edvard Munch and the Chocolate Factory.'

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.

$181.2 Million Pollock, $107.6 Brancusi Million Sell at Christie’s, as Records Fall

Christie's New York auctioned 16 works from the collection of late media magnate S.I. Newhouse for a total of $630.8 million, far exceeding the $450 million estimate. The top lot was Jackson Pollock's "Number 7A" (1948), which sold for $181.2 million, setting a new auction record for the Abstract Expressionist and making him the latest artist to join the $100 million club. Minutes earlier, Constantin Brancusi's bronze sculpture "Danaïde" (1913) achieved $107.6 million, also a record for the Romanian modernist and the second-highest price ever for a sculpture at auction.

14 artists having major museum moments in 2026

The article previews 14 artists who will have major museum exhibitions in 2026, highlighting key shows such as a long-awaited US retrospective of Marcel Duchamp, a Calder exhibition in Paris, and a Rothko show in Florence. It also details concurrent auction highlights at Christie's New York, including works from the S.I. Newhouse collection by Brancusi, Lichtenstein, Matisse, and Pollock. Specific exhibitions covered include "Krasner and Pollock: Past Continuous" at the Metropolitan Museum of Art, a Roy Lichtenstein retrospective at the Whitney Museum, and multiple European shows for Constantin Brancusi's 150th anniversary.

A New York si è svolta un’asta di oggetti di design con risultati clamorosi (specchi da 30 milioni e altro ancora)

On April 22, 2026, Sotheby's in New York auctioned the first part of the Jean and Terry de Gunzburg collection, comprising around 125 exceptional design and contemporary art pieces. The sale, held at the Breuer Building, achieved a complete sell-out and became the most valuable design auction ever in the United States, totaling $96 million. A highlight was a new auction record for Claude Lalanne: a set of fifteen mirrors originally commissioned by Yves Saint Laurent sold for over $30 million, surpassing the previous record set by her husband François-Xavier Lalanne's Hippopotame Bar.

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.

Bidding battle for Matisse leads Sotheby’s $303.3m Modern art evening sale in New York

Sotheby’s Modern evening auction on 19 May in New York achieved $303.3m with fees, falling within its pre-sale estimate of $244m to $322.8m. The standout lot was Henri Matisse’s 1919 painting *La Chaise lorraine*, which sold for $48.4m after a ten-minute bidding battle, becoming the second most valuable Matisse painting at auction. Other highlights included Alberto Giacometti’s *La Clairière (Composition avec neuf figures)* at $23.1m, Pablo Picasso’s *Arlequin (Buste, 1909)* at $42.6m, and a Mark Rothko untitled work on paper at $9.27m. The sale also saw strong demand for works by female Surrealists Leonor Fini and Leonora Carrington, while a Rodin sculpture was passed and a Gottlieb painting was withdrawn.

Who Owns the Megayachts Docked Outside the Venice Biennale?

The article examines the megayachts docked outside the Venice Biennale, focusing on the 170-foot vessel 'Private GG' owned by Giancarlo Giammetti, cofounder of the Valentino fashion house. Giammetti, a serious art collector, was in Venice for the Biennale opening, posting photos of artworks and a dinner with actress Salma Hayek and her husband François-Henri Pinault, a major art collector. The yacht, built in 2022 by CRN, features luxury amenities including a jacuzzi, cinema saloon, and beach club.

A Guillon-Lethière for Worcester

Un Guillon-Lethière pour Worcester

The Worcester Art Museum has acquired Guillaume Guillon-Lethière's painting "Lucien Bonaparte contemplant Alexandrine de Bleschamp Jouberthon" (1802), which depicts the second brother of Napoleon with his second wife. The work had been on loan to the museum from London dealers Lowell Libson and Johnny Yarker, who had purchased it at a Christie's New York auction in October 2019 after it resurfaced in a Portland sale in 2005. The painting was featured prominently in the 2024-2025 Louvre exhibition "Guillon-Lethière. Né à la Guadeloupe," where it was reunited with a portrait of its patron Lucien Bonaparte.

US Returns 337 Looted Objects to Italy in Repatriation Effort

The United States officially returned 337 looted antiquities to Italy at a ceremony held at La Marmora barracks in Rome. Of these, 221 objects were repatriated through the Manhattan District Attorney’s Office, while the remaining 116 were recovered on April 10, 2026, via joint efforts by the FBI, Homeland Security Investigations, the District Attorney’s Office, and Christie’s New York auction house. The objects span from the Villanovan era (900–700 BCE) to the Hellenistic period (323–31 BCE) and include a 1st-century CE marble head of Alexander the Great, a bronze sculpture from Herculaneum, and two Egyptian basalt sculptures.