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gelman collection of mexican art surfaces at santander with plans to bring it to spain 1234770736

Banco Santander has announced it will manage roughly half of the Gelman Collection, one of the most significant collections of 20th-century Mexican art, which disappeared from public view in 2008. The Madrid-based bank now oversees 160 of approximately 300 works amassed by patrons Jacques and Natasha Gelman. The collection will anchor the new Faro Santander cultural center in Spain, set to open in June, through a long-term loan agreement with the Zambrano family, the prominent Mexican business family revealed to own the once-lost collection. The collection's whereabouts had been largely unknown, with only sporadic sightings in foreign institutions, after it was divided by executor Robert R. Littman despite the will's stipulation that it be shown intact in a private museum in Mexico.

Reynolds works acquired by Waddesdon Manor under UK's acceptance in lieu scheme

Two major paintings by 18th-century British artist Joshua Reynolds—David Garrick Between Tragedy and Comedy (1761) and Portrait of Joanna Leigh, Mrs Richard Bennett Lloyd (1775-76)—have been acquired by Waddesdon Manor in Buckinghamshire under the UK’s acceptance in lieu (AIL) scheme. The works, from the estate of Jacob Rothschild who died in February 2024, settled a combined £24.5 million in inheritance tax. Both paintings had been on loan to Waddesdon Manor, a National Trust property managed by Rothschild, since 1995.

epstein files leon black indicted dealer douglas latchford 1234774047

A newly released document from the Department of Justice’s Jeffrey Epstein files has linked billionaire collector Leon Black to a $27.7 million inventory of Southeast Asian antiquities, some of which may be looted. The records indicate that Black acquired high-value Cambodian, Thai, and Vietnamese artifacts, including a $7 million bronze Shiva sculpture that matches the description of a piece handled by the late, indicted antiquities dealer Douglas Latchford. While Black’s representatives state he never dealt with Latchford directly and acquired the works through a reputable dealer, correspondence suggests Latchford was involved in facilitating sales to Black through intermediaries.