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NEWS

Michelangelo Sketch Sells for $24 Million in Paris

May 19th, 2022

A recently unearthed Michelangelo sketch, considered to be the artist’s first nude, has sold  at Christie’s Paris for a record 23 million euros ($24 million). “Michelangelo has decided to make the figure into something that corresponded more to his aesthetic by making him much more robust and monumental, while at the same time keeping the fragility of the figure, who is exposed and shivering” as he awaits baptism,” says Christie’s Old Masters expert Stijn Alsteens.
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Basquiat Work Sells for $85 Million at Phillips $224.9 Million Night

May 19th, 2022

The Jean-Michel Basquiat work from the collection of Japanese billionaire Yusaku Maezawa had a strong return to auction last night at Phillips, where it achieved $85 Million, part of a total sale of  $224.9 million, the highest in the company’s history. 
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Independent Art Fair to Launch New Fair Around 20th Century Work

May 17th, 2022

The Independent Art Fair will launch a new fair in September this year that will focus on 20th Century Works. “Over the years, there has been a shift, with next-generation dealers showing a more diverse group of artists and territories, geographically, socially, politically,” says Independent director Elizabeth Dee. “They are looking forward and looking back, saying, ‘We need to have a canon that looks like our program.’”
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REFERENCE LIBRARY

Bernardo Paz

Collector’s Birthdate: NAPaz, a Brazilian entrepreneur, is a leading Latin American collector. He is the creator of the Contemporary Art Center inhotim (CACI), a constantly evolving garden and art space located in his native Minas Gerais.

In 2004, he unveiled his “dream,” which incorporated a 300,000 square foot installation that contained his large country home, multiple gardens and 7 galleries. The collection features more than 450 Brazilian artists as well as artists from other nations.

He is a relatively new collector, having bought his first piece of Contemporary Art, a work by the Brazilian Tunga, in 1998. Many of the pieces in his collection, like Cildo Meireles’ “Inmensa” and Tunga’s “True Rouge” are exceptionally large and require considerable exhibition space.

On what intrigues him:

“I am specifically interested in artists who have ideas that go beyond what a usual private or institutional collection can contain.”

Lindemann, Adam. Collecting Contemporary: Los Angeles, Taschen GmbH 2006.