Museums and auction houses move closer together
‘Until recently, museums and auction houses were (and were perceived to be) opposite sorts of institutions, their values so different as to preclude cross-fertilization. But in the past decade or so the wall between museums and auction houses has become porous. The auction houses have been reaching out to the rarefied world of museums. And far from being loath to put a price tag on their treasures, museums nowadays can hardly wait to do so’, writes Eric Gibson in The Wall Street Journal (August 17, 2007)
Related posts: External wall of Tate Modern to become big canvas // Mona Lisa syndrome // Young at art // (oil) Money makes Moscow museums go round.. // Dutch Museums Auction Artwork On eBay //