BEST

Doris Salcedo Wins Big – The Colombian artist is
the first-ever recipient of the $1 million Nomura Art Award, the world’s largest cash
prize for an artist. 

Get the Gossip – In
this week’s “Wet Paint”
column, Nate Freeman
dishes on the artists who cut ties with their gallery on Twitter,
dueling art fairs, and some big-ticket purchases. 

A Peek Into Tut’s Tomb – Treasures from the
tomb of King Tut are being displayed at London’s Saatchi Gallery as part of an
international tour leading up to their permanent return to
Egypt. 

The Basquiat Headlining Phillips – Jean Michel Basquiat’s painting of a
fighter, The
Ring, could fetch up to
$15 million at Phillips this fall. 

Anna Delvey, the TV Show – Shonda Rhimes is bringing her soapy brand of TV brilliance to the
saga of Anna Delvey, casting Julia Garner as the titular
grifter in the upcoming Netflix series. 

The Marc Jacobs Collection – The designer is teaming
up with Sotheby’s to
auction off his entire art collection, featuring gems like a $3
million Ed Ruscha painting. 

A Hollywood Heist – Actors Helen Mirren and Jim Broadbent will star
in an upcoming film
detailing the 1961 heist of a Goya painting from London’s National
Gallery.  

WORST

Another Blow to Jho Low – The Malaysian financier is embroiled in
what is being
described as the largest civil forfeiture deal
ever, and paintings by
Picasso and Basquiat are part of the settlement.

Wildfires Threaten Getty Center – Yet another rash of wildfires are licking at
California cities, and though museums like the
Getty Center are closing their doors, they are confident the art is not in
danger. 

Sotheby’s New Head Honcho – New Sotheby’s owner Patrick Drahi
replaced Tad
Smith as CEO this week
with Charles Stewart, previously the president of Altice
USA. 

A Culture Czar Steps Down- After five years as New York City’s
commissioner of the city’s cultural affairs, Tom Finkelpearl is
leaving his post. 

A Leonardo Loser – An
equestrian sculpture that some say was by Leonardo da Vinci
flopped at
auction, despite
carrying an estimate of up to $50 million.

Shane Campbell Closes – The long-running
Chicago gallery announced the abrupt closure
on Instagram, citing the influx of
“unbridled capital” in the art market.

Karachi Nixes a Critical Show – The Pakistani government has shut
down an exhibition in
the Karachi Biennial because it highlighted state-sponsored
violence. 

The post From Doris Salcedo’s Million-Dollar Prize to Jho
Low’s High-Profile Art Settlement: The Best and Worst of the Art
World This Week appeared first on artnet News.