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Following World War II Peggy closed The Art of This Century Gallery, Chicago, in 1947, & returned to Europe; deciding to live in Venice, Italy. In 1948, she was invited to exhibit her collection in the disused Greek Pavilion of the Venice Biennaleand in 1949 & established herself in the Palazzo Venier dei Leone on the Grand Canal.[4]
Her collection became one of the few European collections of modern art to promote a significant number of works by Americans. In the 1950s she promoted the art of two local painters, Edmondo Bacci & Tancredi Parmeggiani. By the early 1960s, Guggenheim had almost stopped collecting art & began to concentrate on presenting what she already owned. She loaned out her collection to museums in Europe & in 1969 to the Solomon R. Guggenheim Museum in New York City, which was named after her uncle. Eventually, she decided to donate her home & collection in Venice to the Solomon R. Guggenheim Foundation, a gift which was concluded inter vivos in 1976, before her death in 1979.
Grave of Peggy Guggenheim, next to a plaque remembering her Lhasa Apsos (dogs).
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