Art Investment

Deutsche Bank agreed to pay the Frankfurt Museum of 600 works

They include works by renowned German artist Anselm Kifer, Gerhard Richter, Joseph Beuys, Georg Baselitz and Martin Kippenbergera. Some of these works can be seen in the museum now

As you know, the largest bank of Germany Deutsche Bank has one of the most powerful in the world of corporate art collections, with more than 53 thousand works. Recently, the bank has decided to share their treasures with the people of Frankfurt and transferred to local Städel Museum entire 600 works of postwar art. These 60 paintings and sculptures and 161 works on paper and 379 prints 45 artists, including Anselm Kifer (Anselm Kiefer), Gerhard Richter (Gerhard Richter), Joseph Beuys (Joseph Beuys), Georg Baselitz (Georg Baselitz) and Martin Kippenberger (Martin Kippenberger). Some work can be seen in a museum now, at the exhibition «First choice: Deutsche Bank Collection in the Städel Museum», which will last until November 9. The rest of the exhibits will move to the museum later on, when will open a new wing of the museum. It was expected that work on it is completed in late 2010 - early 2011.

Städel Museum is considered one of the best museums in Germany. His collection includes, in particular the famous «Melancholia» Albrecht Dürer (Albrecht Dürer), as well as works by Sandro Botticelli (Sandro Botticelli), Lucas Cranach the Elder (Lucas Cranach the Elder), Gustave Courbet (Gustave Courbet), Franz Marc (Franz Marc "), Jean Dyubyuffe (Jean Dubuffet), and other artists. Thanks «indefinite loan» from Deutsche Bank, a collection of postwar art museum has added to.

Deutsche Bank has long «friends» with the art. Last year, he spent 20 million euros in various cultural projects. The Bank supports, and Russian artists. He recently became a sponsor of exhibition of contemporary Russian artists - nominees and winners of prizes Kandinsky , which opened in Berlin, September 20.

Material prepared Yulia Maksimova

Sources: db.com , bloomberg.com , staedelmuseum.de , artinvestment.ru


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