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Word: collectionitis (lookup in dictionary) (lookup stats)
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Money has always been an obsession in the art world, but lately it's at the heart of constant disputes over "deaccessioning"--what museums and other institutions do when they liquidate part of their collections. Though as a practice deaccessioning is nothing new, the outlandishly overheated art market of recent...

Author: /time Magazine | Title: Art: The Impermanent Collection | 4/13/2007 | See Source »

All the same, while the Albright-Knox is mainly a contemporary collection, it's also the only significant art museum in Buffalo. The local Museum of Science also has examples of Greek, Roman and Egyptian artifacts, but for anyone in that city hoping to see a range of art, the...

Author: /time Magazine | Title: Art: The Impermanent Collection | 4/13/2007 | See Source »

In its defense, Jefferson University can offer that it's a university, not an art gallery. Its first responsibility is to the needs of its medical college. Fisk president O'Leary argues something similar. "The major collection we're investing in," she says, "is our students." Still, channeling any money...

Author: /time Magazine | Title: Art: The Impermanent Collection | 4/13/2007 | See Source »

No doubt, the temptation offered by the hypertrophic art market can also promote institutional laziness. Why come up with other ways to raise money when whatever paintings you have in hand are a potential and easily accessed gold mine? Jock Reynolds, director of the Yale University Art Gallery, says Fisk...

Author: /time Magazine | Title: Art: The Impermanent Collection | 4/13/2007 | See Source »

Meanwhile, the Albright-Knox auctions will continue over the next several weeks. At least some of what's sold in them will go back up on public display, though not in Buffalo. The buyer of a circa 10th century granite statue of the Hindu god Shiva that went for just...

Author: /time Magazine | Title: Art: The Impermanent Collection | 4/13/2007 | See Source »

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