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The Gray Market: Why NFTs Aren't the Solution to Museums' Deaccessioning Dilemmas or Any Other Big Problems, Either


This week, trying to distinguish between a lifeline and a live wire…
 
EVOLUTION OR DEVOLUTION?
Last week, I started hearing chatter about a new twist in the art world’s crypto-saga: some leaders at major U.S. museums had begun quietly exploring the possibility of selling NFTs of some of their most famous artworks to fundraise after more than a year in shutdown hell. But while the proposition might technically keep institutions clear of the public-relations wildfire that is deaccessioning, this alternative route might actually lead them straight into an even worse disaster.
Now, there is
a lot going on in this thought experiment, so let’s begin with the tech side. If you’re still only in the shallow end of the crypto pool, it might be a little jarring wrapping your head around a non-fungible token for a physical object. After all, the nitroglycerine in 2021’s NFT explosion has largely been digital media. But an NFT is really just a claim ticket to ....

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Editors' Picks: 11 Events for Your Art Calendar This Week, From a Celebration of Linda Nochlin to a Virtual NFT Explainer


Young Woman Drawing (1801). The painting was the cover image on 
ARTnews for the 1971 publication of Linda Nochlin’s article “Why Have There Been No Great Women Artists?” Courtesy of the Metropolitan Museum of Art, New York.
MoMA hosts a virtual forum on critic Linda Nochlin’s groundbreaking essay “Why Have There Been No Great Women Artists?,” published in 
ARTnews in 1971. On the occasion of the article’s 50th anniversary, Roxana Marcoci, the museum’s senior photography curator, and Julia Trotta, a filmmaker, curator, and writer, will look at the barriers to art world success that women have historically faced, and the recent effects of the Me Too and Black Lives Matter movements. Speakers include artists Ming Smith, Legacy Russell, and Zoe Leonard; Myriam Ben Salah, executive director of Chicago’s Renaissance Society; and Wanda Nanibush, curator of Indigenous art at the Art Gallery of Ontario, among others. ....

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Meet Orsola Maddalena Caccia, a Nun and Old Master Painter Whose Work Just Entered the Met's Collection With a Surprise Donation


Orsola Maddalena Caccia,
Fruit and Flowers (c. 1630). Courtesy of the Metropolitan Museum of Art, New York, bequest of Errol M. Rudman.
Thanks to an unexpected bequest, New York’s Metropolitan Museum of Art now boasts the largest collection of works by the Mannerist painter and nun Orsola Maddalena Caccia (1596–1676) outside the artist’s native Italy.
Upon hedge-fund manager Errol M. Rudman’s death last year, he surprised the Met with a gift that included three works by Caccia, whose art is rarely represented in US museum collections or even outside of the convent in Moncalvo, Italy, where she lived and worked. ....

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