We're in the thick of a slimmed-down summer season.

Sotheby's has brought on the Hong Kong-based Christie's veteran Elaine Holt as head of Modern and Contemporary Art team in Asia

Works by Zao Wou-Ki, Yoshitomo Nara, Yayoi Kusama, and Andy Warhol were the top lots at both Phillips and Christie's sales.

Another Basquiat was the most expensive work sold during Phillips's May auctions in New York.

There have been a few highlights so far.

A bidding war ensued over a $3.6 million Helen Frankenthaler painting.

More than a couple Top 200 collectors are selling work.

The Grey's Anatomy actor loaned the Noah Davis portrait for an exhibition at Seattle's Frye Museum in 2016.

Now, all three major auction houses offering Basquiats in their big May sales.

Leading a New York sale in May is a nearly eight-foot-wide canvas that could sell for as much as $60 million.