According to Daniel Grant in the Observer.com, museum demand is driving sales of African American art. Here’s a partial list of potentially big institutional buyers:
Next year, the Smithsonian will be opening a national museum devoted to such art, while the Brooklyn-based Museum of Contemporary African Diasporan Arts is in the process of moving to a larger space within the borough. The Baltimore Museum of Art recently renovated and expanded galleries for African art. The Studio Museum of Harlem is planning a new, larger building for its collection, and a retired phone company executive with a multi-million dollar collection of African art, Eric Edwards, is looking to open his own African art museum.