Another Failing in Serota’s Head?
May 28th, 2006Everybody Has To Sometimes Break The Rules - Part 2
“We have a simple policy, which is not to show private collections” - Sir Nicholas Serota - 2000
“A new display of works from The UBS Art Collection opens at Tate Modern” - Tate Press Release - 2006
What am I missing here? Could it be this?
“When UBS comes to the point of managing this asset - that is, selling it - it will record in the provenance the line ‘On long-term loan to Tate Modern’, a line that amounts to a guarantee of importance, worth at least another five per cent in price.” - Brian Sewell.
Here we go again, another scandal brewing at Tate Modern. 10 out of 10 for Chris Hastings and Beth Jones in the Telegraph this morning for their piece on the Tate’s giving over three rooms to the private collection of Swiss bank UBS during the major rehang of its collection - UBS being the new sponsors at the Tate.
It would appear that commercial interests and personal agendas overide ethics at our beautiful Tate. After last years controversy over the Chris Offili “Upper Room” purchase, you’d have thought that that would have learned something - or are they so arrogant as to believe they can do no wrong?
Me? I’d have given one room to Hirst, one room to Emin and the third to the Stuckists.
Read it here
Unseen for 24 years by the public, three self portraits by Francis Bacon will go under the hammer at Christie’s next month. Entitled Three Studies, the triptych was sold by Bacon in the 1980s and is expected to to fetch over £5m.
Short piece in today’s Independent about how Damien Hirst is collaborating with a Bond Street jeweller to produce a diamond encrusted skull.
Dropped across an article today in the Houston Chronicle about Frida Khalo’s “Roots” coming up for auction at Sotheby’s, New York next week. Estimates range from $5m to $7m with one opinion that it “could in fact bring as much as $14 million.” In the light of her recent universal popularity, this figure would not surprise me at all.
In an auction of impressionist and modern art at Sotheby’s in New York, “Dora Maar au Chat” by Picasso sold for 95m USD.