JUST IN: New York art sales should favor safe values
According to recent reports, the following story has emerged from the international scene.
Andy Warhol’s work “Brigitte Bardot” is presented at a preview organized by Sotheby’s in view of its May auctions in New York, on May 1, 2026. TIMOTHY A. CLARY/AFP When we publish an article on the art market, and particularly on that of modern and contemporary art, some of our readers have the scathing comment: “speculation”, even “laundering” come up frequently, not to mention a few bird names for the most atrabilar among them. The news of the May auctions in New York will give them food for thought. Along with those organized in November, they are one of the biggest sales of the year. Between 1 and 2 billion dollars (between 850 million and 1.7 billion euros) of works of art were sold there in a little over a week, in auctions organized by the big names in the profession, Christie’s, Sotheby’s, Phillips, Bonhams and a few other more modest or discreet houses. However, those of this month bring some new scents to what some readily describe as a backwater. With a direction of the wind that will delight many: the most contemporary art is no longer popular. The trend began in November 2025, where speculation previously focused on young artists underwent an unprecedented correction. It was not a crisis of the entire market, but a refocusing on safe values. These have reached new heights. You have 79.28% of this article left to read. The rest is reserved for subscribers.
Analysis and Perspective:
This report highlights significant developments in the international landscape that could reshape diplomatic relations in the coming weeks.
The implications of this story extend beyond borders and could affect millions of people globally.
Stay tuned for more updates as this story continues to unfold.
Source: This article was originally published in another language by International : Toute l’actualité sur Le Monde.fr. and has been translated and adapted for our global English-speaking audience. Read the original article here.