Monday, April 11, 2005
NYPL to Deaccession Artworks
The New York Times reports today on the New York Public Library's plans to sell 19 significant pieces of art to fund it future collections activity.
The cache of works includes two Gilbert Stuart portraits of George Washington and one of Asher Durand's most well-known paintings, Kindred Spirits (at right). The sale, to be handled through Sotheby's, is expected to bring $50M-75M.
The library has stated its intention to give preferential pricing terms to any New York museum interested in purchasing pieces from the collection.
Let's hope the Met has enough left in its special acquisition coffers after the Duccio Madonna and Child purchase to step up to the plate for a couple of these pieces.
The cache of works includes two Gilbert Stuart portraits of George Washington and one of Asher Durand's most well-known paintings, Kindred Spirits (at right). The sale, to be handled through Sotheby's, is expected to bring $50M-75M.
The library has stated its intention to give preferential pricing terms to any New York museum interested in purchasing pieces from the collection.
Let's hope the Met has enough left in its special acquisition coffers after the Duccio Madonna and Child purchase to step up to the plate for a couple of these pieces.