Art Industry News: A purple, diamond-dusted image of Queen Elizabeth II breaks a record for Andy Warhol Prints + Other Stories

Art Industry News is a daily round-up of the most momentous developments in the art world and art market. Here’s what you need to know this Tuesday, November 29th.

MUST READ

London Museum Returns Benin Bronzes to Nigeria – Six artifacts from the 72 Benin works in the Horniman Museum collection will be repatriated to Nigeria. Her return increases the pressure on the British Museum to follow suit. (Guardian)

Restituted Bronzino Portrait to Hit the Block – The 1527 painting, which was restituted by the German government to the heirs of Jewish art collector Isle Hesselberger earlier this year, is set to go up for sale at Sotheby’s Old Masters Auction in New York in January. It has a pre-sale estimate of between $3 million and $5 million. (ARTnews)

Warhol Print of Queen Elizabeth II Sets Auction Record – Ahead of its first live audience since the pandemic began, Toronto auction house Heffel sold a diamond-dusted print from Warhol’s Reining Queens series for $853,000 including fees – almost double the high pre-sale expectations. This is an auction record for Warhol’s edition prints. (ARTnewsCanada.com)

Flood protection barriers installed in Venice – A glass wall was installed outside St. Mark’s Basilica to prevent water from entering the 1,000-year-old church, which has been threatened by rising water levels in recent decades. (The art newspaper)

movers & shakers

Warhol Museum Show goes to the Saudi desert – Next year, the exhibition “Fame Andy Warhol in AlUla” will open at the Maraya Cultural Center. The exhibition, organized by the artist’s eponymous museum in Pittsburgh, will test the conservative country’s attitude towards the openly gay artist. The director of the Andy Warhol Museum said he had “complete freedom” in deciding which works would be shown, adding that “even as a gay man, I was treated with the utmost respect and openness”. (TAN)

Pope’s old Swatch watch could fetch $100,000 A sleek black Swatch watch that belonged to Pope Francis in the 2010s is coming to the auction block as part of Chicago auction house Rago/Wright’s “Once Upon a Time Watch Project” benefit auction. It is estimated to sell for between $10,000 and $100,000. (Robb report)

Collin Sekajugo joins Blum & Poe – The Ugandan artist, whose work formed part of the Ugandan National Pavilion at the Venice Biennale, has joined the Blum & Poe stable. Sekajugo’s work will be on display at the gallery’s booth at Art Basel in Miami Beach this week, and a solo exhibition of his work at the gallery is in the works. (press release)

Skeleton of pregnant T-Rex unveiled in New Zealand The 38-foot-long predator’s skeleton was named “Barbara” after it was found by paleontologists in the Hell Creek Formation in northwestern Montana. The 66-million-year-old skeleton will be presented to the public for the first time on December 2 at the Auckland War Memorial Museum. (Daily Mail)

FOR ART

World’s largest dinosaur skeleton goes to London’s Natural History Museum The recreation of the 100-million-year-old skeleton of a 114-foot-long Patagotitan dinosaur will make its European debut at South Kensington Museum on March 31, 2023 in a show titled Titanosaur: Life as the Biggest Dinosaur. The skeleton is on loan from the Museo Paleontológico Egidio Feruglio in Argentina. (evening standard)

Patagotitan, Museo Paleontológico Egidio Feruglio (MEF) CREDIT D.Pol. Courtesy of the Natural History Museum.

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