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Title : Should Art Museums Sell Artwork to Keep the Lights On?
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Should Art Museums Sell Artwork to Keep the Lights On?

After a financially challenging year, the Metropolitan Museum has announced that it is considering selling pieces from its collection to cover some of its losses, making an exception to its normal rule against deaccessioning for operating expenses. 

The Association of Art Museum Directors relaxed their rules on the practice, making it OK to do so without censure.  

This decision will have long range consequences, affecting the willingness of collectors to donate. When donors offer their collections, they often include a lot of works that are of lesser quality or inauthentic. 

 Source: New York Times

The Met in particular has a huge number of works in storage that it will never show, either because the works are on paper or they're not authentic or they're out of fashion.. 

Which works should be prioritized for sale? Some museum curators, such as the Indianapolis Museum of Art, have assigned letter grades to all the works in their collection to decide which ones are first in line for sale. 

Read more: 

New York Times: Facing Deficit, Met Considers Selling Art to Help Pay the Bills

Clean House to Survive? Museums Confront Their Crowded Basements

ArtForum: Met Contemplates Deaccessioning to Cover Deficit

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