"Founded in 1760, and based in London since the late 18th century, Colnaghi is one of the world's most prominent galleries dealing in Old Masters, antiquities and pre-20th century art. The forthcoming Riyadh gallery marks the first instance of an Old Master gallery staking a claim in the Saudi market. This will be the fourth outpost for the gallery, which also has locations in New York and Madrid."
"there are few prominent collectors of Western Old Masters in Saudi Arabia; most sales initiatives within the kingdom have been oriented towards Modern and contemporary art, both regional and international. Sotheby's maiden Saudi sale in Diriyah last February concentrated on blue-chip international modern and contemporary names, such as Magritte and Picasso, as well as Arab Modernists. Similarly Bonhams's forthcoming exhibition and event programme in Riyadh, held from 8 to 10 October, will focus on the roots of Saudi Modernism."
Colnaghi will open a gallery in Riyadh after a 10m Saudi riyals deal with Sarat Investment Holding. Founded in 1760, Colnaghi specializes in Old Masters, antiquities and pre-20th-century art. The Riyadh space will be the gallery's fourth outpost and the first Old Master gallery presence in the Saudi market. The move is surprising given few prominent local collectors of Western Old Masters and the kingdom's stronger demand for modern and contemporary works. Islamic art and artefacts are a major regional interest, and Colnaghi is expected to offer pieces in that field. The 2017 purchase of Leonardo da Vinci's Salvator Mundi for $450m remains unseen and is believed destined for a Riyadh museum.
Read at The Art Newspaper - International art news and events
Unable to calculate read time
Collection
[
|
...
]