Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Hirst and Serpentine Spar for Gallery Building

November 2, 2010 by Marion Maneker

The Evening Standard reports that the Serpentine Gallery‘s purchase of a new gallery space that was once a munitions depot was provoked by Damien Hirst’s interest in buying the building for his own collection:

Hirst had intended to use the Magazine Building in Kensington Gardens to exhibit his collection of other artists’ work, which includes pieces by Francis Bacon, Andy Warhol and Jeff Koons.

But he was pipped at the post by the Serpentine Gallery, whose director Julia Peyton-Jones described the new space as “a once-in-a-lifetime opportunity”.

She said the bid had been made possible after the gallery received the largest single donation in its 40-year history from The Dr Mortimer and Theresa Sackler Foundation, an education charity.

The new gallery will be called the Serpentine Sackler Gallery.

Ms Peyton-Jones said: “It’s a building we’ve known about for many years. The timing is as it is, but we felt we had no option but to toss our hats in the ring and make our case in they best possible way.”

Serpentine Gallery outbids Damien Hirst for new space in Kensington (Evening Standard)

More from Art Market Monitor

  • Restituted Malevich to Star at Sotheby’s in LondonRestituted Malevich to Star at Sotheby’s in London
  • Why Do Critics Think the Market Taints a Curator?Why Do Critics Think the Market Taints a Curator?
  • Honey, I Shrunk the BoteroHoney, I Shrunk the Botero
  • Phillips Moves Up a Weight Class with $110m White Glove SalePhillips Moves Up a Weight Class with $110m White Glove Sale
  • Diamonds Are a Lender’s Best FriendDiamonds Are a Lender’s Best Friend
  • The Mayor of Verona Thinks Dr. No Ordered An Art Heist of 17 Works at CastelvecchioThe Mayor of Verona Thinks Dr. No Ordered An Art Heist of 17 Works at Castelvecchio

Filed Under: General

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor