From the Multi-Billion Dollar Auction Week to the Most Expensive Art Fairs: The Best and Worst of the Art World This Week

Catch up on this week's news, fast.

Sotheby’s auctioneer Oliver Barker fields bids during the Macklowe Collection auction. Photo courtesy of Sotheby's.
Sotheby’s auctioneer Oliver Barker fields bids during the Macklowe Collection auction. Photo courtesy of Sotheby's.

BEST👍

Macklowe Trove Makes History – The second part of the Macklowe trove sale at Sotheby’s unseated the Rockefeller auction as the priciest private art collection sale in history.

Phillips Marks Biggest-Ever Sale Thanks to Basquiat – The boutique auction house brought in $225 million, setting a record for its most lucrative sale ever.

Independent Launches a New Fair – The beloved art fair is opening a new edition this fall dedicated to under-appreciated artists of the 20th century.

Frieze Frame – See the best of Frieze New York at the Shed in pictures.

What’s On Your Walls – Art dealer and collector Fabienne Lévy tells Artnet News what work she wishes she scooped up when she had the chance.

Free for All – Snapchat founder Evan Spiegel and his wife, model Miranda Kerr, just donated $10 million to pay the student debt of the Otis College of Art’s 2022 graduating class.

Meet the OG Drip Artist – Years before Jackson Pollock began splashing paint, Ukrainian artist Janet Sobel was pioneering her own drip method.

Michelangelo Sets Auction Record – A drawing by the Old Master sold for $21 million, a new high price for the artist at auction.

Parthenon Talks Move Ahead – In a major breakthrough, officials from Greece and the U.K. have agreed to formal talks about returning the Parthenon Marbles.

Sotheby’s Strikes It Big – From Monets and Picassos to new records for emerging female artists, Sotheby’s netted impressive sums at the spring sales.

Ukraine Soldiers Find Ancient Greek Urns – While digging trenches in Odessa, Ukrainian soldiers unearthed ancient Greek amphorae.

WORST👎

Egg On Her Face – A new statue of Margaret Thatcher was erected in the late politician’s hometown—and just hours later it was egged.

A Big Price to Pay – Most conversations about art fairs are around how much works are selling for, but to even get in to Frieze, visitors have to fork over a lot of money.

Whitney Workers Get “Lowball” Offer – Members of the Whitney Museum union staged a protest outside the museum’s annual gala, criticizing the museum’s wage offer.


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