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uk government slaps export ban on howard hodgkin work after bonhams sold it for a record 1 7 m

The UK government has issued a temporary export ban on Howard Hodgkin’s painting "Mrs Acton in Delhi" (1967–71) following its record-breaking £1.7 million sale at Bonhams. The Department for Culture, Media, and Sport (DCMS) intervened after the buyer applied for an export license, triggering a deferral period that allows British museums or galleries until June 4 to match the auction price and keep the work within the country.

Renowned Mexican art collection to be managed by Spanish bank

Banco Santander announced on 21 January that it will manage 160 works from the Gelman Collection of 20th-century Mexican art, following a long-term agreement with the Zambrano family, which acquired the collection in 2023. The newly branded Gelman Santander Collection will debut this summer at Faro Santander, the bank's new venue in Cantabria, Spain. The collection, started by Russian-born film producer Jacques Gelman and his wife Natasha, includes major works by Frida Kahlo, Diego Rivera, Rufino Tamayo, and others, but has been largely out of public view since 2008 amid inheritance disputes. The agreement is complicated by Mexican law, which designates many works as National Artistic Monuments, restricting their permanent export and requiring oversight by the Instituto Nacional de Bellas Artes y Literatura (INBAL).

australian police arrest thief egyptian artifacts heist

Police in Queensland, Australia, arrested a 52-year-old man suspected of stealing ancient Egyptian artifacts from the Abbey Museum of Art and Archaeology in Caboolture. The suspect was apprehended on Russell Island after police found part of the stolen haul, including a 2,600-year-old wooden cat figure, a 3,300-year-old necklace, and a mummy mask, in a camper van at a ferry terminal. The items were recovered and returned to the museum within two days of the brazen break-in.