Art July, 1 2010

Saatchi Gallery to become Museum of Contemporary Art, London

Billionaire advertising man and art collector Charles Saatchi has announced that, on his retirement, he will gift his collection to the nation. The Saatchi Gallery will become MOCA, London, and the gift amounts to nearly twenty five million pounds worth of seminal contemporary works. The Guardian has the full story.

Included is Tracy Emin’s My Bed (1998), shown above.