Exhibitions marking 250th anniversary of the US open in New York

Several New York museums have opened exhibitions marking the 250th anniversary of the United States, which falls on 4 July 2026. The New-York Historical Society presents "Old Masters, New Amsterdam," drawn from the Leiden Collection, focusing on the lives of Dutch colonists. The Hispanic Society Museum & Library offers "Goya and the Age of Revolution," linking the American Revolution to European upheavals and Goya's depictions of war. The Metropolitan Museum of Art has installed "Revolution!" in its American Wing, reexamining the nation's founding through art. A rare copy of the Declaration of Independence handwritten by Thomas Jefferson will also be on view at the New York Public Library.

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Rembrandt van Rijn's drawing *Young Lion Resting* (ca. 1638–42) sold for a record $17.9 million at Sotheby's New York on Wednesday, the highest price ever paid for a drawing by the Dutch master. The work, which toured Paris, Abu Dhabi, Tokyo, and New York before the sale, was offered from the Leiden Collection, the renowned private trove of 17th-century Dutch Golden Age art assembled by Thomas Kaplan and his wife Daphne. All proceeds from the sale will benefit Panthera, the wild cat conservation charity co-founded by Kaplan and Jon Ayers.

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Billionaire investor Thomas S. Kaplan, owner of the Leiden Collection—the largest private holding of Rembrandt paintings and other Dutch/Flemish Old Masters—has announced plans to fractionalize his art holdings, potentially offering shares on a public stock exchange. In an interview with the Art Newspaper, Kaplan cited his children's lack of interest in the collection and a desire to democratize art ownership, inspired by the NFT craze of the early 2020s. The collection includes Vermeer's *Young Woman Seated at a Virginal* (ca. 1670–75) and works by Frans Hals, Gerard ter Borch, and others, and is regularly loaned to major museum exhibitions.

This Masterpiece by Rembrandt’s Star Pupil Has a New Owner

This Masterpiece by Rembrandt’s Star Pupil Has a New Owner

Willem Drost's 1654 painting *Man With a Plumed Red Beret* has been acquired by the Leiden Collection, a private museum focused on Dutch Golden Age art. The sale was conducted privately through Agnews Gallery at the TEFAF Maastricht fair for an undisclosed sum, with the collection's founder calling it a "capstone acquisition."

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A Rembrandt drawing titled 'Young Lion Resting' (ca. 1638–43) sold for $18 million at Sotheby's New York on February 4, setting a new auction record for a work on paper by the artist. The sale price fell within the pre-sale estimate of $15–20 million and far surpassed the previous record of $3.7 million for a Rembrandt drawing.

One Fine Show: “Michael Rakowitz, Proxies for Poets and Palaces” at the Stavanger Art Museum

Iraqi-American artist Michael Rakowitz has opened his first major survey exhibition in Norway, titled "Proxies for Poets and Palaces," at the Stavanger Art Museum. The show features eight new reliefs from his long-running series *The Invisible Enemy Should Not Exist*, which recreates artifacts looted from Baghdad's Iraq Museum using cardboard, Arabic newspapers, and food packaging, alongside older works like the 2017 film *The Ballad of Special Ops Cody*.

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Sotheby's hosted a lunch in Paris for billionaire collector Thomas S. Kaplan, who is selling a Rembrandt drawing titled *Young Lion Resting* (ca. 1638–42) from his Leiden Collection. The drawing, with a high estimate of $20 million, will be auctioned in New York in February, with all proceeds donated to Panthera, the wild cat conservation charity Kaplan founded. Kaplan acquired the work in 2005 from the Herring gallery and has kept much of his collection anonymous, but is now stepping forward to support conservation and public access.

Comment | Latest auctions prove Old Masters are not ‘out of fashion’

Recent Old Master auctions in New York have defied narratives of market decline, totaling over $185 million across Sotheby’s and Christie’s. High-profile sales included a newly discovered Michelangelo drawing for $27.2 million, a Canaletto masterpiece for $30.5 million, and a record-breaking Rembrandt drawing sold for $17.8 million. These results, alongside the Italian state's $14.9 million acquisition of an Antonello da Messina, suggest that historical masterpieces remain premier "civilisational assets" and stable financial havens during periods of economic volatility.

An Artemisia Gentileschi self-portrait and Judy Chicago’s Scottish queen: our pick of the February auctions

A series of significant artworks are heading to auction in February, led by an early Artemisia Gentileschi self-portrait making its auction debut at Christie's New York with an estimate of $2.5m-$3.5m. Other highlights include Rembrandt's last privately-held animal drawing, 'Young Lion Resting', at Sotheby's New York ($15m-$20m estimate), a Judy Chicago print of Mary, Queen of Scots at Phillips, and an Odilon Redon work on paper at Artcurial Paris.