Short of $55 M. Goal, Berkshire Museum Earmarks Nine More Works for Sale
Art Business

Short of $55 M. Goal, Berkshire Museum Earmarks Nine More Works for Sale

Thomas Moran, The Last Arrow, 1867. SOTHEBY’S Today the Berkshire Museum said that it will sell nine more works from its collection through Sotheby’s as part of a controversial deaccessioning plan to raise $55 million that the museum has said is essential for its survival and that museum groups have criticized as damaging to the industry. So far, the Pittsfield, Massachusetts institution has raised $47 million from the sale of 13 pieces. This next batch of works includes an Alexander Calder sculpture and paintings by Albert Bierstadt, Thomas Moran, and Benjamin West, as well as two Qing Dynasty pieces. Last fall, when Sotheby’s marketed the full set of 40 works that the Berkshire Museum said it was willing to sell, eight of the nine pieces in the group announced today carried a total estimate of between $5.01 million and $7.67 million. If those works sell for within their estimates, they could potentially bring the museum within the realm of reaching its $55 million goal. (The Calder, a 1932 piece titled Dancing Torpedo Shape , did not have a figure attached to it by the auction house in its initial publicity push, but it would of course increase the total […]

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