Contemporary art in museums

[Meister]

Curiously, he read that one of the leading auction houses is going to sell D. Koons, who was purchased 7 years ago for 1.1 million And now the owners plan to sell it for 23 million)) so I was curious, and museums (Western) is also buying up all this modern art, then to stand in? Well there Pollock, Basquiat, Kooning, but do they prefer to buy over 23 million Koons than Modigliani and Soutine?

[qwerty]

Meister, in the West today have a situation where appeared quite a lot of new museums, sponsored, as a rule, private foundations. This is due to the tax system in many countries, so that investments in culture, science, health, being inherently charity, helping others to save on taxes.
These new museums, forming their own exposure, with good intentions will not be able to collect entire collection of outstanding masters of past centuries, hence it makes no sense to buy some Modigliani and Soutine. But the collection of modern art is realistic and affordable. For contemporary art in the majority is quite inexpensive and infinitely many. Adding to this collection of two or three works of creators such as promoted Koons or Basque Museum is the Museum.

[Artdealer]

qwerty, you are talking about the individual museums, pro maaaaalenkie private museums. in general, these museums do not have any artistic value. In two or three works there to see nothing more. And, speaking of large museums like the Guggenheim or the major American museums, have multimillion-dollar budgets to buy things, do not they buy it modern art? I think that they are collecting it, because trying to preserve the grain from each time.

[qwerty]

Artdealer, private museums, it happens, there is even a decent size, for example, the Museum Ludwig in Cologne, and there is even something to see. Large as the state museums, of course, buy and contemporary art, but it seems to me that such a museum, having one Koons, hardly buy a second, tagda as he pleased, whenever possible, will buy eight or ten Bosch Yavlensky.

[LCR]

Two observations:

1. We must not forget that the national museums are a great number of works of modern art for free - in Europe they are often transferred as payment for inheritance tax the heirs of the artist or collector, by the United States has the ability to pay income tax by transferring to a museum of his work; in anywhere in the world the artist willingly submits them to the gift in major museums.

2. Unlike the "big" museums, which rarely sell imeyushiesya in the collection of things (actually, the state museums did not have the right to do so, they must seek permission from the government or parliament), "small" private museums often sell the purchased several decades ago, the product Artists, meanwhile, lost its "relevance"

I remember that I tried to draw your attention to the origin of Komar and Melamid, sold at auction in the autumn Mac Dougall, to quote him:

Provenance: Ludwig Museum, Vienna, Austria.
Private collection, USA

and leave you to draw conclusions themselves (in general, in auction catalogs the most interesting - not images).

[qwerty]

LCR, excuse me, I did not quite understand, curiously, in this event. Sale of private museums, some of his exhibits - not uncommon, you yourself have written about it, quite rightly, pointing out one of the reasons. Sometimes the money just need to repair, to expand, to buy something else. So what is special? Explain, please.

[Meister]

the question is whether contemporary art seen through the century just as today we are perceived by the Impressionists and Expressionists ?????

[lerm]

That did not keep, read and wanted to answer
It seems to me that just to determine what will be popular
     When the artist talent and not a good craftsman in the film that will always be something that will touch the audience, it will not pass indifferently by
That's the criterion And all Zveryevs-it will help promotion for season

[fross]

Dear LCR,

You mean that these authors have no interest for this particular meeting, or they have already reached the peak of investment attractiveness and expected to decline?

[fross]

Judging by what has recently been exhibited in the CHA, it is not surprising such an assessment of his work. Good work hard even to see. But lots of offers and prices pomoemu low quality, respectively.
Personally I also like beasts, but they think nobody is not professionally engaged and not be selected works, and the collective promotion seems more like a bean counter.