The Art Newspaper looks at the number of museums deaccessioning works, and the issues it could cause for the market. “Museum deaccessions come in two categories,†says Marc Porter, president of Christie’s Americas. “The first is the traditional paring of a collection, which has always existed—but now is used to diversify towards works by artists of color, women artists and living artists. The second is the use of the proceeds of such sales for collection maintenance, which is a reflection of these economic times. This is absolutely a change in the market.”
Read more at Art Newspaper