To receive Morning Links in your inbox every weekday, sign up for our Breakfast with ARTnews newsletter. Good morning! A $30 million T. rex reignites a debate over whether fossils belong in private collections. Felix Art Fair will change its format for the 2027 edition.  A forgotten Andy Warhol artwork made on a restaurant table has resurfaced in Austria. The Headlines DINO DRAMA. A nearly complete Tyrannosaurus rex skeleton is currently begin offered by Sotheby’s New York as part of Geek Week, where it is expected to fetch north of $30 million. However, the Guardian reports that scientists are warning that selling major fossils to private collectors could put important research material out of public reach. The 67-million-year-old specimen, nicknamed “Gus,” was discovered in South Dakota and is among the largest T. rex fossils ever found. While the sale is reportedly legal under US property laws, paleontologists argue that such discoveries belong in museums, where they can be studied and accessed by researchers rather than hidden in private collections. Related Articles LESS IS MORE. For its 2027 edition, the Felix Art Fair in Los Angeles will change its format, centering entirely around the iconic Hollywood Roosevelt Hotel’s two-story cabana …

To receive Morning Links in your inbox every weekday, sign up for our Breakfast with ARTnews newsletter. Good morning! The London branch of the Artist Pension Trust is closing to the dismay of participating artists. “Combative” former head of the Barnes Foundation has died at 79. Historians rebut White House attack against the National Museum of American History. The Headlines ARTIST PENSION DISTRUST. The London chapter of the New York–founded Artist Pension Trust (APT) is shuttering, and now participating artists claim the trust that promised a “mutual assurance program” by pooling and selling their art is in fact “unlawful,” the Financial Times reported. Over 40 artists allege APT London Inc has likely been operating as an unregulated investment scheme, and they are now demanding all of their artwork be returned, along with compensation for any financial losses incurred. As ARTnews reported in 2009, APT was presented as “a pension program for contemporary artists,” to which participants would contribute art instead of money, over 20 years. But even in that 2009 story, the multi-investor-supported program meant to pay artists upon art sales was characterized as “speculative” by private art dealer Clarissa Dalrymple, who told ARTnews “there …

Good Morning! The Manhattan District Attorney’s office seized dozens of ancient artifacts from the Metropolitan Museum of Art in June, bringing the total value of looted objects recovered from the New York institution to $95 million. Christie’s Old Masters sale in London totaled $48.7 million on Tuesday. A Canadian politician has accused the country’s heritage minister of interfering in a museum exhibition about Palestinian displacement. The Headlines BEATEN TO THE PUNCH. The Manhattan District Attorney‘s office seized dozens of ancient artifacts in June from the Metropolitan Museum of Art, bringing the total value of looted objects recovered from the New York institution to $95 million, the New York Times reports. Paradoxically, the museum has characterized the seizures as a collaborative effort in sharing provenance information with investigators, pointing to the fact that it agreed to part with the items rather than categorically refuse an official demand to hand over stolen art. The Met has also expanded its in-house provenance research team. Yet, as Matthew Bogdanos, head of the Antiquities Trafficking Unit, noted in a statement, the museum’s “collaborative” framing contradicts the very …