All posts tagged: Reina Sofu00edu00ada

Reina Sofía Faces Audit and Political Pressure Over Missing Artworks

Reina Sofía Faces Audit and Political Pressure Over Missing Artworks

Published by Jenni Sidey

Spain’s government is turning up the pressure on the Museo Nacional Centro de Arte Reina Sofía over longstanding problems tied to its collection inventory, with lawmakers threatening consequences that could ultimately cost museum director Manuel Segade his job. A parliamentary oversight committee in Spain recently passed a resolution demanding that the museum complete a full and updated inventory of its holdings by December 31, 2026, according to Le Journal des Arts. The measure, backed by Spain’s conservative Popular Party and supported by the far-right, passed by a vote of 20 to 13, while the ruling Socialist Party abstained. Related Articles In notably blunt language, lawmakers said that if the museum fails to comply by the deadline, Spain’s Ministry of Culture should remove Segade as director. The text also calls for a “total and absolute” audit of the museum’s holdings, including works on loan, deposited artworks, and pieces whose whereabouts remain unclear. “The artworks held in the museum—as well as those belonging to it that cannot be duly located—can no longer be allowed to remain at risk,” representatives of the Popular …

JR Talks His Homage to Christo: Morning Links

JR Talks His Homage to Christo: Morning Links

Published by José Betancourt

To receive Morning Links in your inbox every weekday, sign up for our Breakfast with ARTnews newsletter. Christie’s sold $162.7 million in postwar and contemporary art across three auctions yesterday, barely meeting expectations. Spain’s parliament has threatened to fire the director of the Reina Sofia museum if the institution doesn’t straighten out its fragmented inventory and the question of missing artworks. A Buddhist temple in Japan that housed the “eternal flame,” believed to have been lit for over 1,200 years, has burned down. THE HEADLINES LESS THAN GREAT EXPECTATIONS. Christie’s New York brought in $162.7 million for a trio of postwar and contemporary art auctions yesterday evening, led by a $35.1 million Gerhard Richter Kerze (Candle) painting from the late Marian Goodman estate. Yet these results, an improvement from last year, “barely meet expectations,” and “tepid” sales regularly closed on lower estimates, writes ARTnews’ Brian Boucher. Wednesday’s auction, with nearly a week left in the May auction season, was expected to bring between $129 million and $191 million from 42 lots. The hammer total before the house’s fees came to $133.6 million. Dealer Marian Goodman’s collection was also estimated …