The Art Market Post-Pollock
Hyperallergic
A Hyperallergic analysis of spring marquee auctions argues that headline results—such as a Jackson Pollock selling for $181.2 million and a Constantin Brancusi for $107.6 million at Christie’s—mask...
Stories tagged
Sotheby's
25 stories
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‘Prediction Markets’ Come to Art Auctions: Now You Can Bet on Basquiat and Monet, Courtesy of Kalshi
ARTnews.com
Kalshi, a “prediction market” platform that frames its offerings as regulated derivatives trading, launched a new category allowing users to bet on art-auction outcomes, including the prices of...
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Christie’s S. I. Newhouse Sale Totals $630.8 M., Bringing Cumulative Total to $1 B.
ARTnews.com
Christie’s held a 16-lot evening sale in May of works from the collection of media magnate S. I. Newhouse, totaling $630.8 million with fees and pushing cumulative Newhouse sales at Christie’s to...
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Robert Mnuchin's $85.7m Rothko leads Sotheby's $407.5m auction in New York
The Art Newspaper - International art news and events
Sotheby’s New York staged a two-part evening sale led by works from the late dealer and former Wall Street executive Robert Mnuchin (died December 2025, aged 92), totaling $407.5 million ($433.1...
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Independent Art Fair Trades Downtown for the World
Hyperallergic
The Independent art fair opened at Pier 36 on the Lower East Side waterfront, running through Sunday, May 17, marking its first time in the large warehouse-like venue. Hyperallergic reports that the...
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Art Collectors Bet on Known Quantities Amid Market Reset
Artnet News
Artnet News, citing the Artnet Intelligence Report: Year Ahead 2026, reports that collectors in 2025 favored blue-chip artists and trophy lots as speculative ultra-contemporary art continued to cool....
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France Passes Landmark Restitution Law for Looted Art
Artnet News
Artnet News reported on 10 May 2026 that the Aspen Art Fair will return to Hotel Jerome from 29 July to 1 August 2026 for its third edition, featuring more than 35 exhibitors including Albertz Benda,...
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This month’s blockbuster auctions in New York could bring upwards of $2.5bn
The Art Newspaper - International art news and events
The Art Newspaper reported that New York’s May 2026 auctions at Christie’s, Sotheby’s, Phillips, and Bonhams are cumulatively estimated at $1.8 billion to $2.6 billion, as the market seeks to build...
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A $35 M. Warhol, a $45 M. Basquiat, and More: Who’s Selling The Top Works in the May Sales?
ARTnews.com
ARTnews previews major May auction sales amid a market that returned to 4 percent growth last year, reaching $59.6 billion, according to the Art Basel & UBS Art Market Report. Christie’s will offer...
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Art Basel Curbs Pre-Fair Sales—and More Art Industry News
Artnet News
Artnet News reported on April 27, 2026, that Art Basel has introduced a “Basel Exclusive” initiative to curb PDF pre-fair sales by encouraging galleries to hold back works from previews and...
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The Art Trade Is Taking Calculated Risks With A.I.
Artnet News
In an Artnet News “Art Market Minute” item, writers Sonia Manalili and Margaret Carrigan reported that art-world uses of A.I. remain cautious because trust and relationships still drive many...
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Art Show in London Canceled Over Allegations of Antisemitism from Pro-Israel Group
ARTnews.com
ARTnews reported that a London exhibition at Delta House Gallery was canceled after UK Lawyers for Israel objected to drawings by artist Matthew Collings that the Telegraph described as “dripping...
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Yves Saint Laurent’s Lalanne Mirrors Sell for Record-Shattering $33.5 Million
Artnet News
Two gilt-bronze botanical mirrors by French sculptor Claude Lalanne, commissioned by fashion designer Yves Saint Laurent beginning in 1974 for his Paris apartment, sold at Sotheby’s on April 22, 2026...
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Sotheby’s Debt, Delays, and the Drahi Playbook
Artnet News
In an Artnet News “Back Room” recap published April 18, 2026, Sotheby’s faces scrutiny over liquidity amid multiple developments, including a lawsuit by a New York real estate broker seeking a $10.2...
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The Met is Finally Treating Lee Krasner as Pollock’s Equal—Will the Market Follow?
ARTnews.com
The Metropolitan Museum of Art’s upcoming exhibition “Krasner and Pollock: Past Continuous,” opening in October, will present Jackson Pollock and Lee Krasner as a “story of equals,” bringing together...
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Rare Wifredo Lam Portrait Lands in New York
Hyperallergic
The Hispanic Society Museum and Library in New York has acquired Wifredo Lam’s Portrait of a Boy (1927), marking the first painting by a Cuban artist to enter the institution’s permanent collection....
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Record-Breaking $110.5 M. Basquiat Painting, Now Owned by Ken Griffin, to Go on View in Miami This Summer
ARTnews.com
The Pérez Art Museum Miami (PAMM) will present “Basquiat: Figures, Signs, Symbols,” an exhibition of about 10 Jean-Michel Basquiat works owned by collector Kenneth C. Griffin, opening June 25....
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Two Monet Paintings, Unseen for a Century, Resurface at Auction
Artnet News
Artnet News reported on 2 April 2026 that two Claude Monet paintings, unseen publicly for around a century, have resurfaced and are headed to auction at Sotheby’s. The story centers on the works’...
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Hong Kong Marquee Art Sales Total $164.9 M., Up 18 Percent From Equivalent 2025 Auctions
ARTnews.com
Christie’s, Phillips, and Sotheby’s generated a combined $164.9 million from their modern and contemporary evening sales in Hong Kong timed to Art Basel Hong Kong week, an 18% increase over...
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Ex-Sotheby’s CEO Tad Smith Banks on NFTs, Agrees to Buy Collectibles Platform Candy Digital
ARTnews.com
Tad Smith, former Sotheby’s CEO and current chairman of Doodles, has agreed to buy most assets of the digital collectibles platform Candy Digital and said on X that he will become CEO when the...
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Art Basel Names 290 Exhibitors for Its Flagship Swiss Fair—and More Art Industry News
Artnet News
Artnet News reported that Art Basel has named 290 exhibitors for its flagship fair in Basel, Switzerland. The roundup also notes that Sotheby’s has increased its buyer’s premium, raising the total...
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Saudi woman painter outshines Picasso at Sotheby’s second sale in Diriyah
The Art Newspaper - International art news and events
At Sotheby’s “Origins II” auction in Diriyah, Saudi Arabia, held on 31 January 2026, Saudi painter Safeya Binzagr set a $2.1 million record when her 1968 work Coffee Shop in Madina Road sold,...
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Sotheby’s Second Sale in Saudi Arabia Tops $19.6 M., Sets Record for Saudi Artist
ARTnews.com
ARTnews reported that Sotheby’s second sale in Saudi Arabia totaled $19.6 million, signaling continued growth in the kingdom’s auction market. The sale set a record for a Saudi artist, according to...
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How the Met Opera Turned Beloved Murals Into Financial Tools
Artnet News
Artnet News reported on January 30, 2026, that the Metropolitan Opera has explored monetizing two monumental Marc Chagall murals—The Sources of Music and The Triumphs of Music—installed at Lincoln...
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Sotheby’s Achieves Highest Sale Total for Modern and Contemporary Art in Singapore Since 2023
ARTnews.com
Sotheby’s recorded its highest total for a modern and contemporary art sale in Singapore since 2023, according to ARTnews.com. The result was presented as a sign of renewed strength in the city’s...