Monday, October 6, 2008

University of Iowa Study: "Don't Deaccession Pollock"

From The Chicago Tribune:

"Selling a prized Jackson Pollock painting would hurt the University of Iowa's chances of borrowing art from other museums and lessen the chance that the university would get future art donations. The idea of a sale was prompted by an August meeting of the Iowa Board of Regents, in which Regent Michael Gartner raised the idea of pricing out the painting to help pay for flood recovery on campus. Gartner has repeatedly said he doesn't want to sell Pollock's 'Mural,' but said he wants to know the worth of the painting and the cost to insure it. In 2007, Sotheby's told the university the painting could fetch no less than $150 million. The university's museum board strongly recommended against a sale."