Monthly archive
34 headlines
Source-linked reporting
news.artnet.com
Henri Matisse Odalisque (1920/1921) in the Stedelijk Museum collection is being returned to the heirs of Albert Stern, a Jewish textile manufacturer who was forced to sell the work during Nazi persecution. The Restitutions Committee found it plausible that Stern was compelled to sell to escape Nazi occupation, and the painting was sold to the Stedelijk Museum in July 1941.
theartnewspaper.com
Titian’s early painting The Rest on the Flight into Egypt (1508-1510) is being prepared for sale at Christie's in London with an estimated £15 million to £25 million. The work’s history includes a famous theft from Longleat House in 1995 and its recovery from a bus stop in Richmond seven years later. The article highlights the painting’s documented provenance and its significance in Titian’s career.
classicalite.com
The Museo del Violino in Cremona has appointed Riccardo Angeloni as its new curator. Angeloni is the first graduate of the University of Pavia’s Conservation and Restoration of Cultural Heritage program to take the post, after previously earning a degree from the International School of Violin Making.
news.artnet.com
Jean-Michel Basquiat’s Portrait of the Artist as a Young Derelict (1982) was the top seller at Sotheby’s London Modern and Contemporary Evening Auction, selling for £16 million ($20.3 million) including fees. Other notable results included a Paul Klee on paper Hitze (Heat), 1940, selling for £456,000 ($576,680) and Piero Manzoni’s Achrome (1958–59) selling for £3 million ($4 million). Total sales after fees were £83,618,832 ($105,748,556) and the hammer total was £71,860,000 ($91,165,647).
news.artnet.com
The U S Department of Justice recovers assets linked to Jho Low, including a Monet and a Warhol located in Switzerland, and a Paris apartment, totaling about $35 million in value. The assets are to be transferred to Malaysia as part of a civil forfeiture settlement related to the 1MDB fraud.
theartnewspaper.com
The Stedelijk Museum in Amsterdam will return Henri Matisse, Odalisque (1920-21), to the heirs of Albert Stern, a Jewish textiles manufacturer who sold the painting under duress in Nazi-occupied Amsterdam and died in a Nazi camp in 1945. The Dutch Restitutions Committee notes the sale occurred under measures against Jewish people and out of necessity; Stern’s wife Marie Stern led the family collection, and Stern and his two sons died in the Holocaust.
theartnewspaper.com
The Art Newspaper reports Sotheby’s London modern and contemporary evening sale totaled £83.6m with fees (£71.8m hammer), against a pre-sale estimate of £76.4m–£108.1m. Basquiat’s £15m work and the collection of Ralph I. Goldenberg are noted as bright spots; the sale involved withdrawals by Loie Hollowell, Emily Kame Kngwarreye, and Tamara de Lempicka, and featured around half of lots guaranteed by Sotheby’s with about 30% backed by third-party irrevocable bids.
smithsonianmag.com
Peter Paul Rubens, St. Gregory of Nazianzus (1621), from Friedenstein Castle in Gotha, Germany, vanishes after World War II and is returned to Friedenstein Castle following a private sales agreement; the work ended up at the Buffalo AKG Art Museum in New York before being repatriated to Gotha.
codart.nl
Peter Paul Rubens, Saint Gregory of Nazianzius, 1621, is returning to Friedenstein Castle in Gotha, Germany. The oil sketch was part of a six-decade dispersion after World War II and is one of the Gotha series created around 1620 for the Jesuit Church in Antwerp. The return involved Buffalo AKG Art Museum, Friedenstein Stiftung Gotha, Christie’s, and the Ernst von Siemens Kunststiftung.
hidersine.com
Hidersine, in collaboration with ESTA UK, launches a new suite of violin technique video resources for students and teachers. Nicole Wilson and Joanne Green lead the instructional videos, forming part of a four-instrument library and building on previous Hidersine/ESTA UK videos with over 2.5 million views.
theartnewspaper.com
Peter Paul Rubens’s Saint Gregory of Nazianzus (1621) has been restituted to the Friedenstein Foundation in Gotha, Germany. The oil sketch was illegally sold after World War II along with other works; two others remain missing. The piece will be on permanent display at the Ducal Museum within the Friedenstein palace complex.
classical2journey.blogspot.com
Ahmet Adnan Saygun composed the Cello Concerto, Op. 74, and the Viola Concerto, Op. 59, as reviewed on Magical Journey 2. The performers are Tim Hugh (cello) and Mirjam Tschopp (viola) with the Bilkent Symphony Orchestra conducted by Howard Griffiths, in a 2007 recording released by CPO.
300magazine.com
The June 2024 ruling by a New York federal judge resolved the restitution claim over Picasso's La repasseuse, owned by the Solomon R. Guggenheim Foundation, brought by the heirs of Karl and Rosi Adler. The Adlers had sought return or compensation under the Holocaust Expropriated Art Recovery Act, but the court dismissed their claims, affirming the Guggenheim Foundation's lawful acquisition.
news.artnet.com
Claude Monet, L’homme à l’ombrelle (1865/1867) is to be sold by Kunsthaus Zurich after an agreement with the heirs of Carl Sachs and his wife Margarete. The painting was lent to the museum in 1934 and sold under duress after the couple fled Nazi Germany; the sale proceeds will support the museum’s acquisitions fund. The settlement follows a provenance research project and aims to address works confiscated during Nazi persecution.
artnews.com
The Monet painting L’homme à l’ombrelle (Man with Umbrella), 1865/67, from the Kunsthaus Zurich collection will be sold following a settlement with the heirs of Carl Sachs. Carl Sachs and his wife Margarete had loaned the work to the museum in 1934 after fleeing Nazi Germany, and the sale proceeds will be reinvested into the collection.
thetimes.com
The article reports that a New York judge ruled in favor of the Guggenheim Museum and against the heirs of the couple who sold Woman Ironing in 1938, a Picasso valued at about $200 million.
theartnewspaper.com
Karl and Rosi Adler’s heirs claimed Pablo Picasso’s La repasseuse (Woman Ironing, 1904) was sold under duress during their flight from Nazi persecution and sought restitution or compensation. A New York judge dismissed the claim in June 2024, ruling the heirs failed to prove duress and that the Holocaust Expropriated Art Recovery Act did not apply because the painting’s location had been known for over 40 years.
dw.com
The Kunsthaus Zürich is selling Claude Monet's painting L'Homme à l'ombrelle (Man with a Parasol) acquired from Carl Sachs, a Jewish entrepreneur who fled Nazi-occupied Europe in 1939. Sachs was forced to sell the work under duress during World War II, and the proceeds will be shared between the museum and Sachs' descendants; the sale is part of a provenance transparency effort. The museum's leadership emphasizes a commitment to transparency and a provenance strategy, with heirs welcoming the sale as a just solution.
the-artinsight.com
Monet painting from the Zurich Kunsthalle is set to be sold after the museum reached a settlement with the heirs of Jewish textile manufacturer Carl Sachs, who fled Nazi Germany to Switzerland. The painting was among works Sachs sent to Switzerland and was sold after his arrival; no decision has been made on sale timing or location, and proceeds must be reinvested in the collection under ICOM rules.
sfmoma.org
The press release from SFMOMA states that the museum has acquired works by more than 65 artists, including Virgil Abloh, Farah Al Qasimi, Yael Bartana, Merikokeb Berhanu, JB Blunk, Beverly Buchanan, rafa esparza, Vaginal Davis, Rachel Harrison, Tyler Hobbs, Ulysses Jenkins, Rashid Johnson, Isaac Julien, Yayoi Kusama, Doyle Lane, Mire Lee, Glenn Ligon, Christian Marclay, Oscar Murillo, Philippe Parreno, Paul Pfeiffer, Ron Rael and Virginia San Fratello, Isabel Rower, Niki de Saint Phalle, Amy Sherald, soft geometry, Kunié Sugiura, teenage engineering, Apichatpong Weerasethakul, Martin Wong and Christopher Wool. The acquisitions aim to broaden representation of women, artists of color, and those from California and the Bay Area; Yayoi Kusama’s Dreaming of Earth’s Sphericity, I Would Offer My Love (2023) is highlighted among the works.
artnews.com
Pablo Picasso, Woman Ironing (1904) at the Guggenheim Foundation was the subject of a restitution lawsuit filed in January 2023 by Thomas Bennigson, a relative of Karl Adler. The suit claimed the painting was sold under duress in 1938 to fund escape from the Nazi regime, but the case was dismissed for lack of actionable duress; the painting remains with the Guggenheim. The work is valued at an estimated $150 million to $200 million.
theviolinchannel.com
Two violins, three bows, and three high-end cases were stolen from Brobst Violin Shop in Alexandria, Virginia. The report lists the stolen instruments and valuables, with prices for each item, and provides contact details for tips.
tradersmagazine.com
The article discusses the tokenization of a 1708 Stradivarius violin known as Empress Caterina. Galaxy Digital Holding tokenized the instrument, using tokens as collateral for financing via Galaxy’s Global Markets, with Yat Siu of Animoca Brands as the owner.
greatreporter.com
Osmium-ART, with OwnerChip and Rarible, announces the sale of the world’s most expensive modern violin as a phygital asset. The OSmium Violin will be listed for 6.32 million USD with a digital twin on the blockchain and on-chain ownership, purchasable in $MATIC on the Polygon network. The violin is handcrafted by Edgar Russ and features 298 diamonds, sapphires, rubies, and osmium inlays.
theviolinchannel.com
The 1708 Stradivarius known as the Empress Caterina, once owned by Catherine the Great, is tokenized as an NFT to back a multimillion-dollar loan from Galaxy Digital to Yat Siu, co-founder of Animoca Brands. The physical violin will be stored by a Hong Kong custodian and reclaimed after loan repayment, marking a first in blending high-value historical instruments with digital asset technology.
theviolinchannel.com
The Violin Channel reports that the Artis Quartet, founded in 1980 and known for its unchanged lineup for over four decades, will disband at the end of 2025. The quartet consists of violinists Peter Schuhmayer and Johannes Meissl, violist Herbert Kefer, and cellist Othmar Müller, and has performed at major venues and festivals while recording extensively.
news.artnet.com
Vincent van Gogh, Sunflowers (1888). Collection of the Sompo Museum of Art, Tokyo. A federal judge in Illinois dismissed a suit by the heirs of a German Jewish collector alleging duress in the sale of Van Gogh’s Sunflowers; the court found no jurisdiction over the Japanese owner, Sompo Holdings’s Sompo Museum of Art in Tokyo, which holds the work.
christies.com
Titian’s The Rest on the Flight into Egypt (circa 1510) is discussed, noting its early Titian provenance, its journey through European collections, and its sale on 2 July 2024 for £17,560,000 at Christie’s in London.
vancelian.com
The article discusses Galaxy Digital granting a multimillion-dollar loan to Yat Siu, co-founder of Animoca Brands, secured by a tokenized 1708 Stradivarius violin and its NFT. The physical violin will be stored in Hong Kong, with the NFT facilitating the loan process; the piece has a historic provenance including ownership by Catherine the Great.
thenewscrypto.com
The article discusses Yat Siu tokenizing a 1708 Stradivarius violin to secure a loan from Galaxy Digital, with the loan described as being in the millions. Tarisio traced the violin’s pedigree to over three centuries, and the instrument was purchased by Siu in 2023 for more than $9 million.
markets.businessinsider.com
The Markets Insider article reports that Galaxy Digital tokenized an 18th-century Stradivarius violin dating to 1708, once owned by Catherine the Great, to back a multimillion-dollar loan. The tokenization creates a fungible NFT version of the instrument as collateral, with Yat Siu of Animoca Brands involved in the acquisition of the violin and Michael Novogratz as Galaxy’s CEO quoted on developing digital asset markets.
newswire.ca
Galaxy Digital Holdings Ltd. announces the tokenization of the 1708 Stradivarius violin known as Empress Caterina, owned by Yat Siu. The instrument, crafted by Antonio Stradivari and valued at about $9 million, is being tokenized to increase liquidity and enable financing uses. The tokenization was performed through GK8, Galaxy's subsidiary.
nftgators.com
Yat Siu tokenised his 316-year-old violin to secure a multi-million dollar loan facilitated by Galaxy Digital’s Global Markets business. The violin, made in 1708 and formerly owned by Catherine the Great, is being used as collateral in a blockchain-enabled loan.
inkl.com
The article discusses Galaxy Digital tokenizing a Stradivarious violin made in 1708, owned by Animoca Brands co-founder Yat Siu, valued around $9 million. The tokenization is described as using the instrument as collateral for financing via Galaxy's Global Market business, with comments from Galaxy Digital CEO Michael Novogratz about potential impacts on real-world assets in the digital economy.