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More Museum Works Hit The Market

April 18, 2018
warhol_oxidation_painting-238x300

Warhol

There have been many recent articles about the Berkshire’s and La Salle University’s decision to sell works for the wrong reasons.  Well, the Baltimore Museum of Art’s recent press release highlights one of the right reasons … to strengthen a collection.  According to their release, the funds raised will be used exclusively for the acquisition of works created from 1943 or later, allowing the museum to strengthen and fill gaps within its collection.

The works being sold are:

Franz Kline’s Green Cross, 1956, oil on canvas (est. $6-8M)
Kenneth Noland’s Lapis Lazuli, 1963, acrylic on canvas
Kenneth Noland’s In-Vital, 1982, acrylic on canvas
Jules Olitski’s Before Darkness II, 1973, acrylic on canvas
Robert Rauschenberg’s Bank Job, 1979, mural consisting of solvent transfer images and fabric collage with colored mirror
Andy Warhol’s Oxidation Painting, 1978, acrylic paint containing metallic pigment with portions oxidized by urine (est. $2-3M)
Andy Warhol’s Hearts, 1979, synthetic polymer paint and silkscreen ink on canvas.

At first, I thought it was odd that a museum would sell works by Kline, Rauschenberg or Warhol.  Then I discovered that the museum’s collection contains over 90 works by Warhol, about a dozen by Kline and almost twice that by Rauschenberg.  Selling off some of the less important works will allow them to add a little diversity to their collection.  To that end, they also approved a number of purchases … included are works by Mark Bradford, John T. Scott and Jack Whitten, who are African-American, and Zanele Muholi, who is South African.

Source: Baltimore Museum of Art to sell works by masters such as Andy Warhol, will aim to improve artist diversity

Source: The BMA Diversifies Its Collection, Strengthening Its Holdings to Enhance Visitor Experience | R+A

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