M+ Museum + Sigg Collection
It has just been announced that Dr. Uli Sigg’s will be donated to M+ Museum, the art museum of the new West Kowloon Cultural District, announced to open in 2017, 1463 artworks, conservatively valued at USD 163 million.
“Dr Lars Nittve, Executive Director of M+, said, M+ is “thrilled” by this donation, and added that “Given both the fact that many works, especially from the first ten years of this period, were destroyed due to lack of interest from collectors and institutions and the subsequent boom in the market for these works, it would be impossible to now build a collection similar in depth, scope and quality.””
Original article on Randian by Chris Moore