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A New High, A New Roar: Auction Nights That Shoved the Art Market Back Into Orbit

Klimt, Kahlo and a gold toilet sent the New York salesrooms into a delirious sprint, pushing prices into territory that stunned even veterans.

Crowded Sotheby’s salesroom in New York with bidders raising paddles as the auctioneer drives the price higher.
Bidding surged inside Sotheby’s New York saleroom as record-level prices sent the night into overdrive. Courtesy of Sotheby's

The air in Manhattan felt electric the moment the Klimt hit the block. A room full of people who pretend not to gasp… gasped. Bidders pushed Gustav Klimt’s full-length portrait into the stratosphere, landing at $236.4 million and turning a quiet market into a street-corner thunderclap. It wasn’t just a sale. It was a detonation.

Barely caught breath before Sotheby’s rolled out Maurizio Cattelan’s gold toilet — a surreal bit of American satire that buyers treated like a sports trophy. One bid. Twelve-point-one million. The crowd laughed, winced, filmed, whispered. It was spectacle fused with commerce, and nobody pretended otherwise.

Then came the quake from the surrealist sale: Frida Kahlo’s dream-bed self-portrait hammered at $54.7 million, a new record for any female artist. Four minutes of bidding felt like a controlled burn — short, hot, unforgettable. The painting, long tucked out of public view, became the week’s emotional high point: raw, fearless, alive.

By week’s end, the numbers told one story — more than a billion moved between two houses — but the faces in the rooms told another. The market wanted adrenaline again. It got it. Klimt delivered gravitas. Kahlo delivered fire. Cattelan delivered theater. Together they cracked open a market many thought had gone cold.

New York hadn’t held a night like this in years. And everyone leaving those rooms walked into the chill carrying the same thought in their gut:
The art world is never quiet for long.

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