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Giuseppe Panza
Giuseppe Panza di Biumo (23 March 1923 – 24 April 2010) was a collector of modern art. He lived in Milan and Varese, Italy.
Giuseppe Panza was born on March 23, 1923, in Milan. His father, Ernesto, was a wine distributor who invested in real estate and in 1940 was given the title of count by King Vittorio Emanuele III. He earned a law degree at the University of Milan in 1948 but never practiced. Instead, he built his career in the family businesses of wine distribution and property.
Panza died on 24 April 2010 in Milan.
Along with his wife Rosa Giovanna, Panza began building an art collection in 1956, when he bought a work by Antoni Tàpies. Initially, they focused on European and American painting and sculpture of the mid-1940s through early 1960s, purchasing works by European postwar artists such as Jean Fautrier and Tàpies, and American Abstract Expressionists such as Franz Kline and Mark Rothko. They were also among the first patrons of Pop art, purchasing 11 of Robert Rauschenberg’s “combines” of the mid-1950s, as well as works by Roy Lichtenstein, Claes Oldenburg, and James Rosenquist.
In 1966 the Panzas turned their attention to Minimalist and Conceptual Art. They were among the first to acquire the works of Hanne Darboven, Brice Marden, Robert Morris, Bruce Nauman, Robert Ryman, Richard Serra, James Turrell, Lawrence Weiner, Joseph Kosuth, and many other major artists.
In a 1989 article titled “Una stanza per Panza,” Donald Judd accused Panza of fabricating Judd works from sketches he owned without the artist's permission — let alone participation — and then installing them at his ancestral home at Villa Varese. Other conceptual artists, including Flavin and Nauman, also took issue with some of the pieces that Panza had constructed from sketches.[citation needed]
When Panza began disposing of some of his collection in the 1980s, he first tried to do so in his homeland, Italy. After Turin had rejected it on the grounds of its American content, he turned to other international museums. In 1982, plans with Werner Schmalenbach of selling his collection to the Kunstsammlung Nordrhein-Westfalen failed due to cuts in the museum's budget.
Panza then arranged important gift and loan deals that greatly enhanced the collections of several American museums. In 1984, Panza sold 80 abstract Expressionist and pop works to the Museum of Contemporary Art, Los Angeles, whose founding director Pontus Hultén he had known since 1963 and at which he served as a trustee. The works were acquired for $11 million and formed the core of the museum's permanent collection soon after it opened in 1983. In 1994, Panza donated 70 items to MOCA by 10 young, local artists, including major sculptures by internationally known artist Robert Therrien.
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Giuseppe Panza
Giuseppe Panza di Biumo (23 March 1923 – 24 April 2010) was a collector of modern art. He lived in Milan and Varese, Italy.
Giuseppe Panza was born on March 23, 1923, in Milan. His father, Ernesto, was a wine distributor who invested in real estate and in 1940 was given the title of count by King Vittorio Emanuele III. He earned a law degree at the University of Milan in 1948 but never practiced. Instead, he built his career in the family businesses of wine distribution and property.
Panza died on 24 April 2010 in Milan.
Along with his wife Rosa Giovanna, Panza began building an art collection in 1956, when he bought a work by Antoni Tàpies. Initially, they focused on European and American painting and sculpture of the mid-1940s through early 1960s, purchasing works by European postwar artists such as Jean Fautrier and Tàpies, and American Abstract Expressionists such as Franz Kline and Mark Rothko. They were also among the first patrons of Pop art, purchasing 11 of Robert Rauschenberg’s “combines” of the mid-1950s, as well as works by Roy Lichtenstein, Claes Oldenburg, and James Rosenquist.
In 1966 the Panzas turned their attention to Minimalist and Conceptual Art. They were among the first to acquire the works of Hanne Darboven, Brice Marden, Robert Morris, Bruce Nauman, Robert Ryman, Richard Serra, James Turrell, Lawrence Weiner, Joseph Kosuth, and many other major artists.
In a 1989 article titled “Una stanza per Panza,” Donald Judd accused Panza of fabricating Judd works from sketches he owned without the artist's permission — let alone participation — and then installing them at his ancestral home at Villa Varese. Other conceptual artists, including Flavin and Nauman, also took issue with some of the pieces that Panza had constructed from sketches.[citation needed]
When Panza began disposing of some of his collection in the 1980s, he first tried to do so in his homeland, Italy. After Turin had rejected it on the grounds of its American content, he turned to other international museums. In 1982, plans with Werner Schmalenbach of selling his collection to the Kunstsammlung Nordrhein-Westfalen failed due to cuts in the museum's budget.
Panza then arranged important gift and loan deals that greatly enhanced the collections of several American museums. In 1984, Panza sold 80 abstract Expressionist and pop works to the Museum of Contemporary Art, Los Angeles, whose founding director Pontus Hultén he had known since 1963 and at which he served as a trustee. The works were acquired for $11 million and formed the core of the museum's permanent collection soon after it opened in 1983. In 1994, Panza donated 70 items to MOCA by 10 young, local artists, including major sculptures by internationally known artist Robert Therrien.