Editor’s note:This story originally appeared in On Balance,art newsNewsletter about the art market and beyond. Register here Receive it every Wednesday.
Hope you enjoyed this week’s New York sales. Here’s an overview of the art trade:
Tina Kim Gallery represents the estate of Kim Lim: The gallery will present the work of the Singapore-based British sculptor and printmaker at Art Basel in June, followed by a solo exhibition in 2027, the first time her work has been shown in the United States.
Yinka Shonibare joins Mennour: The Paris gallery will host the interdisciplinary British artist’s first solo exhibition in October.
Pace Gallery represents the Brancusi Estate: The gallery will serve as a global representation of the estate and host an exhibition of work by Romanian modernists in London this autumn. Berlin’s Neues Nationalgalerie is currently investigating Brancusi’s work Art.
Clarissa Morales Named Chief Operating Officer of Museum of Modern Art Fort Worth: She joins from the Carnegie Museum of Art in Pittsburgh, where she has served as associate director since 2023, and helped lead the 58th and 59th Carnegie International Exhibitions. She began serving as the first chief operating officer in the museum’s history on July 1.
The big number: $181.2 million.
Will there be anything else? Here’s the total price of Jackson Pollock’s 1948 drip painting (including fees) No. 7A, 1948once owned by media giant SI Newhouse. The sale broke the artist’s previous auction record of $61 million, set at Sotheby’s New York in 2021, and was the highest auction price of the week so far. After a fierce 10-minute bidding war, Christie’s global president Alex Rotter won the bid on behalf of an unnamed buyer.
Read this article
In “blink and you’ll miss it” news, Elon Musk’s X proved it’s still capable of stirring up the internet’s ire earlier this week. A user named SHLOMS posted a cropped image of a Monet painting with the caption: “I just used AI to generate an image in the style of a Monet painting. Please describe in as much detail as possible what makes this image inferior to a real Monet painting.” The inflammatory bait had the desired effect and went viral when the user explained why the Monet’s work was not, in fact, a Monet painting. Perhaps unsurprisingly, a number of eagle-eyed art historians spotted this strategy and called it out, but they were not believed. anyway, futuristicMaggie Harrison Dupré’s comprehensive summary of Tempest in a Teapot brings together all the best posts from the fracas in one place.


