Art Industry News: Hilma af Klint’s Relative Says Pharrell Williams’s Plan to NFT Her Art ‘Goes Completely Against’ Her Will + Other Stories, δημοσίευση Artnet News [16/11/2022]Marilena Pateraki
Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know on this Wednesday, November 16.
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Cologne Wants to Restitute Its Benin Bronzes – A total of 90 bronzes, known to have been stolen during a late 19th century raid in the former Kingdom of Benin, may be restituted to Nigeria. The Rautenstrauch-Joest-Museum is advocating for their return; the city of Cologne will vote on the matter on December 8. (Zeit)
Hilma af Klint Relative Condemns NFTs – The granddaughter of af Klint’s nephew disapproves of the more than 160 NFTs being dropped by Acute Art and Pharrell Williams’s platform GODA. “Hilma af Klint’s paintings … being monetized, and itemized, and sold as NFTs—this completely goes against the will of Hilma af Klint,” Hedvig Ersman said. (Hyperallergic)
That Mondrian Record Wasn’t What It Seemed – Piet Mondrian’s work, which sold during Sotheby’s evening sale on Monday for $51 million, didn’t actually demonstrate deep demand from the market. There was no bidding war—instead, the record price was the result of a third-party guarantee from an Asian buyer who received a discount on buyer’s fees in exchange for offsetting the auction house’s risk. (New York Times)
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