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morning links october 1 2025 1234755006

Christie's, Sotheby's, and Phillips reported their first-half 2025 auction sales, with Christie's leading at nearly $1.5 billion (down 1.9% year-over-year), Sotheby's at $1.2 billion (down 14%), and Phillips at $190.1 million (down 24.5%). The top lot was Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922), sold for $47.6 million from Len Riggio's collection. Separately, the British Museum announced its inaugural ball on October 18, promoted by director Nicholas Cullinan, and Sotheby's opened its first public art exhibition in Abu Dhabi featuring works by van Gogh, Kahlo, and others. UNESCO launched a Virtual Museum of Stolen Cultural Objects, and Heritage Auctions sold part of Guillermo del Toro's "Bleak House" collection for $1.65 million.

meet the 20 collectors joining artnews top 200 collectors list 1234757486

ARTnews has added 20 new collectors to its prestigious Top 200 Collectors list for 2025, reflecting the expanding global reach of serious art collecting. The new cohort includes figures from Latin America, the Gulf region, Southeast Asia, and the United States, such as Catherine Petitgas, Ariel Marcelo Aisiks, Sara Alireza, Faisal Tamer, Basma Al Sulaiman, Sheikh Hamad bin Abdullah Al Thani, Purat “Chang” Osathanugrah, Belinda Tanoto, Andreas Teoh, artist Rashid Johnson, Solomon R. Guggenheim Foundation president Wendy Fisher, Napster cofounder Sean Parker, Fanatics founder Michael Rubin, and Oscar L. Tang and Agnes Hus-Tang, who donated $125 million to the Metropolitan Museum of Art. Several new additions are second-generation collectors, and many have built private spaces to show their collections, such as Alexander Petalas’s Perimeter in London, Osathanugrah’s upcoming Dib Bangkok, and Basma Al Sulaiman’s virtual museum BASMOCA.

Inside the museum that doesn’t exist

California-born artist Matt Mullican has created 'THAT NOTHING SHOULD EXIST: 55 Years of Work', the largest exhibition of his career, which will inaugurate the Roarington Art Center—a virtual museum in the metaverse. The museum, designed by Italian architect Benedetto Camerana, is embedded in the City of Roarington, a digital dreamland launched by Liechtenstein-based entrepreneur Fritz Kaiser through his non-profit The Classic Car Trust (TCCT). The exhibition is scheduled to open to the public in February next year, with viewers navigating the space like an immersive three-dimensional video game.

unesco launches museum looted cultural objects 1234755082

UNESCO has launched the world's first virtual museum of stolen cultural objects, featuring thousands of artifacts viewable in 3D. The initiative debuted at UNESCO's World Conference on Cultural Policies and Sustainable Development in Barcelona, designed by architect Francis Kéré in collaboration with Interpol and funded by Saudi Arabia. The museum is organized by geographic region and includes sections like an auditorium explaining the fight against illicit trafficking, a gallery of stolen objects (such as a Ming Dynasty bronze Buddha and a Syrian gold pendant looted from Palmyra Museum), and a restitution room highlighting recovered items like a trilobite fossil repatriated to Morocco.

unesco launches museum looted cultural objects 1234755082

UNESCO has launched the world's first virtual museum of stolen cultural objects, featuring thousands of artifacts viewable in 3D. The initiative was announced at UNESCO's World Conference on Cultural Policies and Sustainable Development in Barcelona, designed by architect Francis Kéré in collaboration with Interpol, with funding from Saudi Arabia. The museum is organized by geographic region and includes sections like the "stolen cultural objects gallery" and a "return and restitution room" that highlights recovered items, such as a bronze Buddha statue from China's Ming Dynasty and a Syrian gold pendant looted from the Palmyra Museum.