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France Isn’t Going to Sell Its Art to Pay Debt

January 6, 2015 by Marion Maneker

Nike at Louvre

Somehow a sensible proposal that French museums be able to sell works that are not vital to their mission is getting hyped up into the suggestion that France sell art to cover the government’s debt.

Guillaume Cerutti, the head of Sotheby’s France, was consulted by the authors of the report for his opinion. He argues that France should move closer to a model used in the United States, where institutions like the Museum of Modern Art (MOMA) sometimes sell unused parts of their collections to free up resources for the acquisition of more relevant artworks.

Cerutti said something needed to be done to tackle the “grotesque waste” seen in national collections. In the Louvre alone, for example, some 250,000 works are currently hidden away in overflow rooms.

Museums should be given the option of selling works that have been in public collections for at least 50 years, pending a green light from an expert commission, according to Cerutti.

Could France sell off its art to pay the debts?  (The Local)

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