The state bank of Germany's North Rhine-Westphalia has decided against selling two Sigmar Polke works of art following a countrywide controversy over the deaccessioning of two Andy Warhol works of art - reported by "Monopol."
The German casino conglomerate Westspiel, which is a wholly-owned subsidiary of the bank, announced the decision to sell the pair of works, estimated at €100 million or £78 million, in September. The works will be up at auction at Christie's New York and have generated considerable controversy in Germany, the story has even graced the front pages of German newspapers. The bank has now subsequently dropped plans to sell the pair of Polke works, in a move, which some have seen as an effort by the state to avoid yet further criticism from the public.