Sellers at the May Marquee Auctions Revealed, Bogotá’s MAMBO Museum Loses Its Director, and More: Morning Links for May 4, 2026

The spring auction season is underway, with ARTnews revealing that Jean-Michel Basquiat's 1983 painting *Museum Security (Broadway Meltdown)* is headed to Sotheby's contemporary art sale on May 14 with a $45 million estimate, consigned by Joahn Sayegh-Belchatowski. Christie's postwar and contemporary day sale includes a collection dubbed "A Matter of Seeing" from Ronald Lauder. Meanwhile, Lévy Gorvy Dayan is testing a new auction-gallery hybrid model, and British billionaire Joe Lewis plans to sell another $200 million in art at Sotheby's in June. In other news, Martha Ortiz has left the Museo de Arte Moderno de Bogotá (MAMBO) following harassment allegations, after the earlier dismissal of artistic director Eugenio Viola. The article also covers a planned Derrick Adams portrait of Koyo Kouoh in Venice, the death of cartoonist Nicole Hollander, a free-entry stunt by Maurizio Cattelan at Fondation Beyeler, a Christo installation at Gagosian London, and a report on Italian Prime Minister Giorgia Meloni's political interference in cultural institutions, including the Venice Biennale.

The $53 M. Wingate Collection Comes to Sotheby’s, Led by a $25 M. Giacometti

The collection of modern and contemporary art assembled by David and Shoshanna Wingate over seven decades will be sold at Sotheby's in New York and London on May 19 and 20. The sale, comprising over 50 works by artists like Alberto Giacometti, Mark Rothko, and Wassily Kandinsky, is estimated to fetch between $37 million and $53 million, led by Giacometti's sculpture "La Clairière (Composition avec neuf figures)" with an estimate of $18 million to $25 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.

Art Basel Curbs Pre-Fair Sales—and More Art Industry News

Art Basel has launched a "Basel Exclusive" initiative to curb pre-fair PDF sales, encouraging galleries to withhold works from previews to drive in-person discovery at its flagship Swiss event (June 16–21). Around 170 of 232 exhibitors have opted in. Meanwhile, Volta returns to Basel with a new "5,000 Edit" section for works under CHF 5,000 to attract younger collectors, and the alternative fair Esther will hold its third edition in New York during Frieze Week. In other news, Sotheby's set a U.S. record for design auctions with the Jean and Terry de Gunzburg collection totaling $96 million, and billionaire collector Mitchell P. Rales pledged $116 million to the National Gallery of Art to fund loans to smaller museums. The Smithsonian American Art Museum named Lynda Roscoe Hartigan as its new director, and Gladstone Gallery plans a new Seoul space for 2026.

Tate Britain will Exhibit ‘90s Art and Fashion, and Other News.

Tate Britain will stage "The 90s: Art and Fashion" in autumn 2026, guest curated by Edward Enninful, featuring nearly 70 artists, designers, and photographers including Steve McQueen, Damien Hirst, Alexander McQueen, and Vivienne Westwood. The exhibition explores how the decade reshaped British cultural identity through art, fashion, and social commentary, highlighting DIY anti-fashion aesthetics and themes of identity, race, class, and representation. Separately, Gagosian opened a new ground-floor flagship at 980 Madison Avenue in New York, replacing its longtime sixth-floor space after 37 years. A rare 17th-century Mughal astrolabe is heading to Sotheby's London with a £1.5–2.5 million estimate. Fondazione Sozzani launched an award for emerging creative talent. A Manhattan federal jury ordered art publisher Michael McKenzie to pay $102.2 million in damages to the Morgan Art Foundation for producing unauthorized works by Robert Indiana.

Private Sales Are Surging as Auction Houses Lean into Exclusive, Experience-Led Selling

Sotheby's and Christie's are increasingly turning to private, invitation-only sales to move high-value artworks, bypassing the traditional auction model. Sotheby's recent "The Apartment" exhibition in London, featuring works by David Hockney, George Condo, and Jean-Michel Basquiat, sold half its $40 million inventory before the public even saw it. Christie's reported that its three most expensive paintings sold in 2025 were all private transactions, with the house trading $1.5 billion privately last year—nearly a quarter of its global sales.

The Iran War Is Already Tanking Luxury Sales in the Gulf—Could Art Be Next?

Escalating military conflict between the US, Israel, and Iran, which has included strikes on Gulf states, is disrupting the region's burgeoning art market. Major events like Art Dubai have been postponed and scaled back significantly due to exhibitor withdrawals, and planned fairs like Frieze Abu Dhabi face uncertainty. The instability has also caused a sharp spike in shipping and insurance costs for artworks moving through the region.

Claude Lalanne Mirror Ensemble Sells for $33.5 M., Breaking Design Auction Records

A custom ensemble of 15 mirrors by Claude Lalanne sold for $33.5 million at Sotheby's New York, shattering the artist's previous auction record and setting a new global benchmark for the most expensive design work ever sold at auction. The piece, commissioned in 1974 for Yves Saint Laurent and Pierre Bergé's Paris home, far exceeded its $10-15 million estimate.

Claude Lalanne’s set of bronze mirrors shatters artist's auction record at Sotheby's

A set of 15 bronze and copper mirrors by Claude Lalanne sold for $33.5 million at Sotheby's in New York, shattering the artist's previous auction record and surpassing the record price for works by her late husband and collaborator, François-Xavier Lalanne. The ensemble, which far exceeded its $15 million high estimate, drew fierce competition from five bidders over ten minutes.

The Art Trade Is Taking Calculated Risks With A.I.

The article examines how the art trade is cautiously experimenting with artificial intelligence, noting that while AI tools are being developed to attract newer collectors, the industry remains heavily reliant on trust and personal relationships that technology cannot replicate. It also reports on Fair Warning's new 'No Warning' sealed-bidding auction format, reflecting a rise in private auctions, and highlights a Sotheby's New York sale of the Jean and Terry de Gunzburg collection that set a U.S. record for design auctions at $96 million, led by a set of 15 mirrors by Claude Lalanne for Yves Saint Laurent that sold for $33.5 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.

KAWS | ALONG THE WAY (2013) | Art & Prints

This article is a detailed listing for KAWS's sculpture *ALONG THE WAY* (2013), a wood piece measuring 96 7/8 × 75 × 51 1/4 inches, held in the collection of the Modern Art Museum of Fort Worth. It includes the work's exhibition history, the artist's biography (born Brian Donnelly, 1974), his key solo exhibitions at institutions such as the Brooklyn Museum and Yorkshire Sculpture Park, and his high auction record of HK$116 million at Sotheby's in 2019. The listing also features a series of related KAWS works available at auction houses including Christie's, Phillips, and Heritage Auctions.

KAWS | BEAUTIFUL LOSERS EXHIBITION POSTER (2004) | Art & Prints

An auction listing for KAWS's "Beautiful Losers Exhibition Poster" (2004) is featured on a digital marketplace, with bidding having ended. The work is an offset lithograph in color, measuring 17 × 11 inches, published by the Contemporary Arts Center, Cincinnati. The listing includes a detailed biography of KAWS (born Brian Donnelly), highlighting his career from street art subversion in the 1990s to high-profile brand collaborations with Nike, Uniqlo, and Dior, and his record auction sale of $14.8 million at Sotheby's in 2019.

Which Auction House Led the Pack in 2025?

Christie's led the global fine-art auction market in 2025 with $3.5 billion in sales, a 10.1% increase from 2024. Its top lot was Mark Rothko's 'No. 31 (Yellow Stripe), 1958,' which sold for $62.1 million. Sotheby's followed closely with $3.3 billion in sales, a 31% annual increase, highlighted by the record-breaking $54.7 million sale of Frida Kahlo's 'El sueño (La cama).' Phillips placed a distant third with $390.9 million in sales, a 14.2% decline.

Cy Twombly | Untitled | Art & Prints

This article is a listing for Cy Twombly's artwork "Untitled" (1960-61), a graphite and wax crayon on paper piece offered at Christie's. It provides a detailed biography of the artist, noting his birth in Lexington, Virginia, his studies at the School of the Museum of Fine Arts, Boston, the Art Students League of New York, and Black Mountain College, and his permanent move to Rome in 1957. The listing includes his major exhibitions, such as retrospectives at MoMA and the Whitney Museum, and highlights his high auction record of $70.5 million for "Untitled" (1970) at Sotheby's in 2015.

Marc Chagall | Sujet Biblique (1956) | For Sale

A limited-edition lithograph by Marc Chagall, titled *Sujet Biblique* (1956), is being offered for sale through Palm Beach Modern Auctions. The work is signed, bears a blind stamp, and is edition 2/15. It was originally published by Antoine Teriade in Paris for the Verve Vol. III art review, and its provenance includes a previous sale at Phi Auctions in 2021–2022. The lot is listed with a buyer's premium of 28% and is sold "AS IS" under the auction house's standard terms.

Victor Vasarely | Pink Composition (1980) | For Sale

Victor Vasarely's 1980 serigraph "Pink Composition" is being offered for sale through Palm Beach Modern Auctions. The limited-edition print, signed and numbered 183/300, is executed on Arches paper and measures approximately 70 × 51 cm. The listing provides detailed condition notes, bidding terms, and a 28% buyer's premium, with the auction house encouraging in-person inspection and advance shipping quotes.

Louisiana reunites Basquiat's 'Heads' for the first time

The Louisiana Museum of Modern Art in Denmark is hosting "Headstrong," the first museum exhibition in Scandinavia dedicated to Jean-Michel Basquiat. The show reunites 49 works on paper created between 1981 and 1984 that focus on the artist's depiction of the head—works Basquiat originally kept for himself and which were only discovered after his death. The exhibition includes the record-breaking 1982 "Untitled" painting, which previously sold for $110.5 million.

Luminous Tiffany Window Poised to Net $2 Million at Auction

A late 19th-century Tiffany stained-glass window, known as the Boyd Family Memorial Window (The Falls), is set to be auctioned at Christie's in June with an estimated price of $2 million. The window, depicting a waterfall and sunset landscape, has been installed in the Second Congregational Church in Winsted, Connecticut, for 125 years and was commissioned by Ellen Wright Boyd in memory of her parents.

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.

This 17th-Century ‘Supercomputer’ Could Set a New Auction Record

A rare 17th-century Mughal astrolabe, crafted in Lahore in 1612 by brothers Qa'im Muhammad and Muhammad Muqim, is heading to Sotheby's London on April 29 with an estimate of £1.5 million to £2.5 million ($2 million to $3.4 million). Weighing nearly 20 pounds and measuring the diameter of a large cooking pot, it is one of only two known astrolabes by these makers—the other resides in the National Museum of Iraq. Commissioned by Aqa Afzal, a Safavid-born deputy governor of Lahore, the instrument lists 94 cities, 38 stars, zodiac signs, and includes quadrants for trigonometry and solar calculations, blending Islamic and Sanskritic astronomical traditions.

In Pictures: Prince Albert II and Princess Caroline open Monaco Art Week 2026

Prince Albert II and Princess Caroline of Hanover opened the 8th edition of Monaco Art Week on Monday evening at the New National Museum of Monaco. The event, running until May 1, transforms the Principality into an open-air art trail with fourteen participating venues, including Artcurial, Sotheby's, Almine Rech Gallery, and the Hôtel des Ventes de Monte-Carlo, spread across La Condamine, Monte-Carlo, and Larvotto. The royal siblings toured the current exhibition "The Feeling of Nature," which explores works from Nicolas Poussin to contemporary art, featuring painting, sculpture, jewellery, and design. The week will culminate with the opening of the Art Monte-Carlo fair at the Grimaldi Forum, marking its 10th edition under the artistic direction of Stefano Rabolli Pansera.

Monet auction drives Sotheby’s Paris sale to 35 million euros

Sotheby's Paris sale on April 16, 2026, achieved a total of 35 million euros, an 84% increase over the previous year's equivalent auction. The event was dominated by two rediscovered Claude Monet paintings, with 'Vétheuil, effet du matin' setting a new auction record for the artist in France at 10.2 million euros. Strong results were also posted for works by Marc Chagall, Lucio Fontana, and Gerhard Richter, with 62.5% of lots selling above their high estimates.

Inside Sotheby’s Latest Financial Maneuvers

Sotheby's is under financial scrutiny due to two key developments. A New York real estate broker has filed a $10.2 million lawsuit against the auction house over commissions from the sale of its former Manhattan headquarters, a claim Sotheby's disputes. Concurrently, the company has launched a new delayed-payment program for clients, raising questions about its liquidity.

A Struggle Between Artist and Machine

Ein Ringen zwischen Künstler und Maschine

Mario Klingemann, a pioneer of AI art, presents "Conflict of Interest," a pop-up exhibition at Sleek Art Space in Berlin during Gallery Weekend. Curated by Anika Meier and produced in collaboration with Art on Tezos, the show features works that challenge the flood of AI-generated imagery. Klingemann displays mundane landscape photographs from private slides, a series called "Weapons of Mass Distraction" where he disrupts an AI algorithm's image generation, and a haunting 2020 video in which AI-generated faces morph to music. The exhibition makes visible the struggle between human control and machine logic.

A Record for Lalanne

Un record pour Lalanne

Sotheby's New York achieved a major result with the sale of a set of fifteen mirrors by Claude Lalanne (died 2019), commissioned between 1974 and 1985 for the music room of Yves Saint Laurent and Pierre Bergé's Paris apartment. Estimated at $10–15 million, the lot—from the collection of Jean and Terry de Gunzburg after the 2009 Saint Laurent-Bergé sale—fetched $33.5 million including fees, setting a record for the artist.

Art Show in London Canceled Over Allegations of Antisemitism from Pro-Israel Group

An exhibition by artist Matthew Collings at Delta House Gallery in London was canceled after UK Lawyers for Israel raised allegations of antisemitism. The show, titled "Drawings Against Genocide," had previously been displayed in Margate, where a review in the Telegraph described the works as "dripping with Jew-hate." One drawing depicted Sotheby's owner Patrick Drahi eating babies alive, while others showed Jews with horns or standing on skulls. Tom Berglund, chairman of Pineapple Corporation, which owns Delta House, said the exhibition was arranged without consultation and expressed hope for resolution in the Middle East. Collings defended the work on Instagram, arguing it satirizes the use of art to whitewash what he called "Zionist atrocity."

Aste a Parigi: nuovo record per Claude Monet da Sotheby’s e per Ettore Spalletti da Christie’s

Sotheby's Paris achieved a new French auction record for Claude Monet on April 16, 2026, with 'Vétheuil, effet du matin' (1901) selling for €10.2 million, far above its €6-8 million estimate. The evening sale generated €35 million total, an 84% increase over the 2025 session, also featuring strong results for Marc Chagall, Lucio Fontana, and Rembrandt Bugatti. Meanwhile, Christie's Paris celebrated the 25th anniversary of its 'Thinking Italian' section with a complete sell-out of 11 lots, including a new auction record for Ettore Spalletti's 'Mobile' (1974) at €203,200. The overall Paris modern and contemporary art week reached a record €80.9 million, up 39% year-on-year.

Photography, a rapidly growing market: global auctions up 19% and increasing space for contemporary art.

The global photography market experienced a significant surge in 2025, with auction turnover at major houses like Christie's, Sotheby's, and Phillips rising 19.1% to $40.4 million. A key trend identified in the Deloitte Private report is the shift away from specialized photography-only auctions toward the integration of high-value photographic works into broader modern and contemporary art sales. This transition has helped drive the average hammer price up by nearly 39%, as seen with million-dollar results for artists like Man Ray, Cindy Sherman, and William Eggleston.

Tiffany Window From Connecticut Church Could Fetch $2 M. at Christie’s

A late 19th-century stained-glass window by Tiffany Studios, known as the Boyd Family Memorial Window (The Falls), is set to be auctioned at Christie's New York in June with an estimate of up to $2 million. The window, commissioned in 1898 and installed in 1899 at the Second Congregational Church in Winsted, Connecticut, depicts a waterfall landscape and has been in the church for about 125 years.