Pennsylvania Museum Selling Edward Hopper Painting to Raise Acquisition Funds

August 29th, 2013

The Pennsylvania Academy of the Fine Arts in Philadelphia has announced its intent to sell East Wind Over Weehawken, a 1934 canvas by Edward Hopper, to raise funds for the purchase of new, contemporary works for its museum.  The sale, set for Christie’s December auction, is estimated to earn between $22 and $28 million, marks a return to the museum’s tradition of buying contemporary art.  Harry Philbrick, the museum’s director, remarks:  “We had a very strong tradition of doing that until the 1950s when we pulled back.  In recent years, we have been trying to be more active.”Read more at The New York Times