The Spanish Ministry of Culture has confirmed that it will be buying the 120,000 objects in the collection of Spanish businessman José María Lafuente.
The massive collection of Lafuente Archive boasts 120,000 avant-garde artworks. 19,000 of these objects are original artworks, while the rest are archival in nature. The news of the deal was first reported by El País. The exact amount of the deal has yet not been revealed, though the ministry has confirmed that they will not be purchasing the collection at its market value. Miquel Iceta (Minister of Culture, Spain) remarked: “If we had to pay what those pieces are worth, there would be no money left in the General State Budgets.”
José María Lafuente is a major producer of mozzarella and other cheese in Spain. Lafuente first started collecting art in 1992 when he bought a screenprint by Eduardo Arroyo. This led him to collect artworks by other prominent Spanish artists. But a chance meeting with journalist Miguel Logroño prompted Lafuente to also collect archival materials like letters, sketches and posters. His collection, which soon grew huge, boasted of one of the largest collections of avant-garde artworks and objects. Speaking about the transfer, he said: “It is a private file with a public vocation,” Lafuente told El País. “And the time has come for the transfer to the hands of the State. This is the moment.”
Currently, the collection is stored at one of Lafuente’s cheese factories in Heras. After the transfer, it will be managed by the Reina Sofía museum.
David Guido Pietroni is the founder of The Art Insider.
He is an Italian music and film producer and he has been in the art world his entire life representing the famous art critic Vittorio Sgarbi as his agent for over 30 years.
Since 2004, he has been a member of the Recording Academy for the Grammy Awards and is also a part of the Tribeca Film Center, the realized vision of Robert De Niro bring together and support the New York City Film Community.
Reach him at david@art-insider.com.
Prev Post

Next Post

Most Popular
Manhattan DA Raids The Met, Seizes Antiquities For Repatriation
AI-Generated Work Wins Colorado State Fair, Causes Backlash
National Portrait Gallery, UK Raises Funds To Acquire $58M Joshua Reynolds Work
Bored Ape NFTS Worth $13.5M Stolen Since Launch, Reveals Reports
At $12.6M, Mickey Mantle Baseball Card Become Most Expensive Sports Memorabilia
Prominent Russian Museum Director Arrested For Criticizing War in Ukraine
Email: info@art-insider.com

source

Shop Sephari