Russia Loaned One of the World’s Most Valuable Art Collections to a Paris Museum. Will It Be Seized? + Other Stories


Art Industry News is a daily digest of the most important developments that emerge from the world of art and the art market. Here’s what you need to know on Monday, February 28th:

Need to read

Nelson Mandela Prison Paintings Sold as NFTs – The Nelson Mandela family sells five vibrant watercolor NFTs created by the former South African president in a cell on Robben Island, as well as handwritten texts about colorful depictions of harsh island prisons. Mandela’s daughter Makajiwe Mandela Amua stated that the work represents a “victory of the human spirit” and that sales are a way to democratize his art. ((((Guardian).

How Ukraine is working to protect its heritage – Citizens monitor and map the heritage of Ukraine’s endangered country in light of the U.S. Army’s delay in the appointment of special forces to take over the men of the World War II monument. Intervened in. The Army announced its efforts over two years ago, but the program has not yet begun. Colline Wegener, director of the Smithsonian Cultural Rescue Initiative, admitted that there was “growing pain” due to the pandemic. Candidates also reported administrative deficiencies such as lost applications and delayed decision making. ((((New York Times).

The blockbuster show of the Russian collection is still in Paris – The groundbreaking exhibition of the collections of Russian brothers Mikhail and Ivan Morozov is rented by the Louis Vuitton Foundation in France until April 3. However, in the light of Russia’s invasion of Ukraine, some ask whether the French state can and should seize a collection containing the treasures of Van Gogh, Gauguin, Monet and Picasso. It is one of the most valuable contemporary art collections in the world and has never left Russia since the turn of the 20th century. ((((Artfix Daily, Le Figaro).

AP’s protest against aggressive NFTs – The Associated Press has stopped selling short video NFTs by photojournalist. This shows immigrants on rafts across the Mediterranean after public protests. It was auctioned at the agency’s NFT Marketplace and the proceeds were to be funded in the newsroom. The agency is a non-profit organization, but a spokesperson admitted that the images by Felipedana were a “bad choice” for the NFT. ((((ARTnews).

Mover & shaker

Roman Abramovich takes control of a football team fearing sanctions – The Russia-Israel oligarchs, art collectors and Chelsea football team owners have handed over the football club’s stewardship to the team’s Foundation councilors in the face of potential sanctions from the British government. Meanwhile, Abramovich is reportedly currently in Belarus, supporting peace talks at the request of Ukraine. ((((New York post, Jerusalem Post).

Michael Stipe is showing his outsider art collection – REM singer-songwriter Michael Stipe is exhibiting about 30 pieces from his collection at the Outsider Art Fair in New York this week, selling a few carefully selected pieces. His belongings include works by Southern outsider artists Howard Finster, Fanita Rogers and Reuben Aaron Miller. The fair will take place from March 3rd to 6th at the Metropolitan Pavilion in Chelsea. ((((New York Times).

Former Christie’s Expert Opens Gallery in Pittsburgh – Former Christie’s contemporary specialist Lexibi Shop opens a gallery in Pittsburgh, PA. Bishop said he chose a city with a relatively small art scene and low rent, as so many collectors are now able to buy online. The gallery will open on April 22nd with a show by Brooklyn-based painter Rebecca Lau. ((ARTnews).

$ 45 million Van Gogh is hitting the block – Van Gogh Fields near the Alpilles Made during Arles’ exile (1889), he hit the auction block for the first time in Christie’s New York in May. Once owned by Yves Saint Laurent and Pierre Bergé, the landscape is expected to bring about $ 45 million. ((((ARTnews).

For art

Landmarks turn yellow and blue in solidarity with Ukraine – Landmarks around London were lit up in blue and yellow in solidarity with Ukraine over the weekend. The London Eye, Nelson’s Column, and other places were gatherings for thousands of protesters on the streets to condemn Russia’s invasion of Ukraine. ((((Evening standard).

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