<art market minute feb 16 2745962 — Art News
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art market minute feb 16 2745962

Chinese authorities have concluded a major investigation into the Nanjing Museum, revealing decades of alleged mismanagement and corruption that led to nationally significant artworks being funneled into the private market.

Separately, three Modern masterpieces from the collection of arts patron Agnes Gund—works by Mark Rothko, Cy Twombly, and Joseph Cornell—are set to headline Christie's marquee New York sales in May, with a combined estimate of at least $123 million. Additionally, choreographer Florentina Holzinger has joined Galerie Thaddaeus Ropac, signaling growing commercial interest in performance art.