Word: guggenheim
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...equipped with a detachable phallus that is respectfully removed whenever the Patriarch of Venice floats by to bless the city. Inside the palazzo, behind a 12-ft., barbed-wire-topped wall, lies more than $2,000,000 worth of modern art works, the lifetime collection of U.S. Expatriate Peggy Guggenheim...
Collector Guggenheim's vast private museum embraces, as British Critic Sir Herbert Read once put it, "all the major movements which since about 1910 have transformed the very concept of art." Items: Marcel Duchamp's Lonely Boy on Train, from the same period as his famed Nude Descending a Staircase; examples of the 1913 Moscow Suprematist movement by Founder Malevitch and Follower Lissitzky; key works by Mondrian, Kandinsky, Braque, Picasso and Pollock. So famous is her collection that Venice's international Biennale once gave her a pavilion all to herself. Says Peggy: "It was wonderful...
Bequest to Venice. Now 59, with her hair died raven black and fingernails painted silver, Peggy Guggenheim is a flamboyant yet somehow regal character, whom Venetians call "L'Ultima Dogaressa" (The Last Duchess). Gondoliers have made a fortune ferrying her guests and visitors (Peggy herself travels in her own private gondola or fast speedboat), who come to sit on her zebra-striped couches, gaze at the display of modern paintings, constructions and sculptures. Infectiously gay and gossipy, Peggy Guggenheim has made her palazzo not only one of Venice's institutions but a crossroads of the artistic world...
Last week Peggy Guggenheim moved to keep it that way, and by so doing dashed the hopes of museum directors round the world. After long pondering the future of her collection (she once offered to will it to famed Renaissance Specialist Bernard Berenson, now 92, and was laughingly refused), Peggy called in her attorneys to set up a foundation that would permanently preserve her palazzo collection, thus in effect bequeathing it to the Venetians...
Spree in Paris. Peggy Guggenheim, member of the wealthy copper clan, had a conventional Manhattan upbringing before she married into the lost generation. With her dilettante first husband Author Laurence Vail, she gave some of Paris' wildest parties, posed for Photographer Man Ray in a cloth-of-gold, fringed sheath, balancing a foot-long cigarette holder. Her yen for art and artists did not come until after her divorce, when she started her own London gallery, soon decided to found her own museum of modern art. At the outbreak of World War II, she took the proposed museum...