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Charles Saatchi creates the Museum of Contemporary Art, London.


Photo by James King
Art collector Charles Saatchi whose patronage made household names of artists like Emin and Damien Hirst, announced Thursday he is donating his London gallery and 200 works in its collection to the nation as a new public art museum.

The gallery said the works, valued at more than 25 million pounds ($37 million), will be given to the government. The 70,000-square foot (6,500-square meter) Saatchi Gallery will be renamed the Museum of Contemporary Art, London.

The artworks being donated include Emin’s “My Bed” — the artist’s famous recreation of her boudoir, complete with empty liquor bottles, condoms and cigarette butts — and Richard Wilson’s “20:50,” an eye-dazzling room filled with oil. There are also works by Perry — best known for vases adorned with disturbing twists on classical scenes — and artists from around the world, including China’s Zhang Dali and India’s Jitish Kallat.

Saatchi’s current gallery opened in 2008 in London’s affluent Chelsea neighborhood and has mounted shows by emerging artists from India, China and the Middle East.

Saatchi’s announcement is a boost to an arts community worried about looming cuts to government funding. Britain’s Conservative-Liberal Democrat coalition government has said ministries will have to slash budgets by up to 25 percent to eliminate the country’s record deficit.

Rebecca Wilson, associate director of the Saatchi Gallery, said as well as the 200-strong core collection, the gift includes other works that can be sold to buy new acquisitions to keep the collection changing and current.

She said Saatchi “wants to give London and the country something it wouldn’t have otherwise, which is a very agile collection that can respond quickly to developments in contemporary art from all over the world.”

The owner of the building that houses the gallery on London’s King’s Road, Cadogan Estate, said it hoped the new museum would remain in the same location “for the foreseeable future.”

Wilson said the gallery’s staff and management team would stay in place, and Saatchi, who turned 67 last month, was not planning to retire anytime soon.

“He just wants to prepare things for the future and make sure the Saatchi Gallery retains its unique character,” she said.

Online: www.saatchi-gallery.co.uk

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