Art Market Monitor

Obviously not in the literal sense of knowing that Brandeis would consider closing its museum and selling the contents, but Donn Zaretsky did post this excerpt from an email by Libby Ellis of AEA Consulting on December 17:

“The AAMD position is increasingly untenable considering the strain on budgets and storage space. There needs to be a reality check. My sense is that most people have no idea how bad things are out there today. The idea of ‘perpetuity’ itself may be under threat at this point. Things are really, really bad, and sticking to that AAMD policy and banking on perpetuity today sorta feels like the UAW sticking to the jobs bank.”

More on Deaccessioning (The Art Law Blog)

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