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Frida Kahlo's painting *El sueño (La cama)* (1940) sold at Sotheby's New York for $54.7 million on Thursday night, setting a new auction record for any artwork by a female artist. The sale, which lasted under five minutes, exceeded the previous record held by Georgia O'Keeffe's *Jimson Weed/White Flower No. 1* ($44.4 million in 2014). The painting was backed by an irrevocable bid and came from the collection of Selma Ertegun, offered as part of a Surrealist group titled "Exquisite Corpus." Anna Di Stasi, Sotheby's head of Latin American art, placed the winning bid on behalf of a client.

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The article reports multiple art-world developments: the heirs of German Jewish banker Paul von Mendelssohn-Bartholdy are appealing a court dismissal of their lawsuit to recover a Van Gogh Sunflowers painting, claiming it was sold under Nazi duress. Japan's Kawamura Memorial DIC Museum of Art is selling major works including a Monet Nymphéas (1907) through Christie's as its parent company, DIC Corporation, downsizes and relocates the museum. A man was killed unloading an Andy Warhol-painted BMW Art Car in Washington, D.C., and a newly discovered Picasso portrait of Dora Maar will be auctioned in Paris. Sotheby's will sell a Surrealist collection led by a Frida Kahlo painting estimated at $40–60 million. The article also asks whether Uzbekistan is becoming a major art hub.

Inside Pauline Karpidas’s Legendary Surrealist Collection Bound for Auction

The legendary Surrealist collection of the late Pauline Karpidas, a renowned art patron and collector, will be auctioned at Sotheby's London in September 2025. The sale spans approximately 250 lots from her eccentric London home, featuring masterworks by René Magritte, Leonora Carrington, Salvador Dalí, Max Ernst, and Les Lalannes. The collection is expected to fetch over £60 million ($81 million), the highest estimate ever placed on a single collection at Sotheby's Europe. Highlights include Magritte's 'La Statue volante' (1940–41), estimated at £9–12 million, and works acquired directly from the estates of Surrealist figures like André Breton and Paul Éluard.

Introducing the Intelligence Report: The Year Ahead 2026

The art auction market showed signs of recovery in 2025, with total sales increasing for the first time since 2021, driven by a strong late-season surge in New York. The U.K. market grew by 11.3%, aided by major sales like the $136 million dispersal of Pauline Karpidas's Surrealist collection, while the ultra-contemporary sector declined for a fourth year as investment flowed to established Impressionist and Modern works.