Albright-Knox wins battle to sell artefacts
The Albright-Knox Art Gallery in Buffalo, New York, US, has won its battle in the State Supreme Court to sell non-Western antiquities.
The board of governors decided to sell the ancient art works, because they are not considered central to the gallery’s mission “to acquire, exhibit and preserve modern and contemporary art”.
The 207 objects are of Indian, south east Asian, African, Oceanic, pre-Columbian, Chinese and American Indian origins.
A series of six auctions will shortly be held at Sotheby’s auction house in New York City.
All proceeds from the sale, anticipated to be more than US$15m (£7.7m, 11.3m euro), will be placed in a restricted endowment fund, and investment proceeds from the fund will support the gallery’s annual art acquisitions budget. Details: www.albrightknox.org
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