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Tate Receives 'Transformational' Gift From Us Donors
Tate Modern has announced it has received a major gift from a couple of art collectors in the form of a painting by the US modern artist Joan Mitchell.
It was unveiled on Thursday as one of a group of works being donated by the Miami-based philanthropists, Jorge M and Darleen Pérez.
The six-metre-long triptych, entitled Iva 1973, can now be viewed for free at the London gallery next to Mark Rothko's Seagram Murals.
Tate director Maria Balshaw said the gift was "one of the most important" it has received, describing the donation as "transformational".
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I can't say it does much for me.
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For more on marking an answer as the "Best Answer", please visit our FAQ.What a mess, still if someone likes it...
The Tate do host some odd things, remember the crack? And there was an exhbition of 💩 once where people were sitting on stools pndering it. 'Er indoors came along and commented it looked like our back garden (we had two boxers at the time) and got some very disaproving looks.
This whole International art market is only about one thing - money; moving it (and often laundering it) around the world.
In this case, I suspect this couple have several of this artists works, the price of which is heading south because abstract expressionism is passé. The main exponent whose prices will remain high is Jackson Pollock because he is a household name, was the first in the field & died spectacularly a long time ago in an automobile accident.
What are they to do about it ? Well, why not give one away to the Tate London & gain massive amount of publicity for theselves & the artist, thereby potentially increasing the value of her work?
Next: in the coming years sell the others for increased prices - win-win.
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