Banksy’s tribute painting to the NHS has sold at auction for a staggering £16.8 million with premium. The UK health service will receive almost all the money from Christie’s charitable sale, which set a new auction record for the anonymous graffiti artist.
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The UK’s National Crime Agency (NCA) has issued UK art galleries with an “amber alert” following concerns that potentially hundreds of millions of pounds are being laundered through art sales.
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One of the most important artists of the twentieth century, Gerhard Richter, has agreed to permanently loan over 100 works to a Berlin museum in order to keep them off the market. Richter said he was looking forward to “a great beginning of cooperation with Berlin.”
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After 80 years, the French government will return a Gustav Klimt (1862-1918) painting to its rightful owners – the heirs of a Jewish family who were forced to sell the piece under duress during the Nazi era.
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Bristolian locals were blown away in December 2020 when a Banksy mural of a sneezing woman appeared on a semidetached house in Totterdown. Now they have bid the elderly woman and her flying false teeth a fond farewell as it was announced the artwork is set to be auctioned online.
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Christie’s first ever purely digital auction has set a new world record for digital art, selling an NFT (Non-Fungible Token) by Beeple for a staggering US$69 million (£50 million). Afterwards the auction house declared Beeple, real name Mike Winkelmann, “among the top three most valuable living artists.”
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An original Banksy art print has gone up in smoke, only to be replaced with a digital facsimile that was sold for an impressive $380,000 (£274,000). This is thought to be the first time a physical artwork has been replaced by a unique digital asset.
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Once a shopping Mecca, London’s Oxford Street might soon become the capital’s newest destination to get your culture fix.
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For almost 200 years, a parish church in Herefordshire has unwittingly harboured a Renaissance masterpiece after it suffered a botched restoration in the 1800’s. Experts now believe the enormous painting was made by the workshop of Titian (1488/90-1576), one of the most renowned Venetian artists of the sixteenth century.
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Chancellor Rishi Sunak has announced £408 million in additional funding for museums, theatres and galleries in England to boost their recovery once coronavirus restrictions ease this summer. The budget statement, released on 3 March 2021, comes after the chancellor committed the government to doing “whatever it takes to support the British people and businesses through this moment of crisis“.
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