In the art market, a
painting by Gerhard Richter fetched in excess of 21 million GBP. The sales
price is particularly noteworthy for a living artist and suggests that
collectors consider works by Richter a secure investment. On the other hand, on
the other side of the world, collectors shied away from investing in Aboriginal
art and left more than half the lots at Sotheby's Australia, which fell well
short of half of a low estimate of $1.3 million for the auction.
In cultural heritage,
the United States strengthened ties with Morocco with an Ambassador's Fund for
Cultural Preservation to renovate historically significant cemeteries of
various faiths (e.g. Islamic, Christian, and Jewish). In contrast, in China,
authorities in Quang Ngai took measures to prevent fishermen in Binh Chau and
Binh Son Districts from looting a 500-year-old shipwreck containing
antiquities. At the same time, an international training program of the World
Heritage Impact Assessment opened in Lijang. In the Middle East, destruction
continued in Syria where one estimate of looted antiquities reached $2 billion,
while an international conference on conserving Petra opened in Amman, Jordan.
For similar news, visit Cultural Security News.
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