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.â€Read more at The New York Times
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Pennsylvania Museum Selling Edward Hopper Painting to Raise Acquisition Funds