fromThe Art Newspaper - International art news and events
2 weeks agoJapanese museum's collection of Western art could bring $60m at auction
The Kawamura Memorial DIC Museum of Art, a private museum created on the outskirts of Tokyo in 1990, is cashing in on its collection of canonical Western Modernism. The museum, which was owned by the chemicals giant DIC Corporation and ceased operations at the end of March, has consigned its treasures to Christie's. They are collectively expected to bring in at least $60m across several sales this autumn in New York.