The one third acquisition policy

March 15 2011

A legal dispute between the contemporary art dealer Larry Gagosian and one of his clients has revealed a potentially novel approach to museum acquisitions. The collector Robert Wylde thought he was buying all of Mark Tansey's 1981 painitng The Innocent Eye Test in 2009, for $2.5m, only to find out later that the Met Museum in New York owns 1/3 of it.

More here.

Share This

Notice to "Internet Explorer" Users

You are seeing this notice because you are using Internet Explorer 6.0 (or older version). IE6 is now a deprecated browser which this website no longer supports. To view the Art History News website, you can easily do so by downloading one of the following, freely available browsers:

Internet Explorer 8.0 (for XP and Vista Users)
Internet Explorer 9.0 (for Windows 7 Users Only)
Mozilla Firefox (Latest Version, for Windows XP, Vista & Windows 7)
Google Chrome (Latest Version, for Windows XP, Vista & Windows 7)

Once you have upgraded your browser, you can return to this page using the new application, whereupon this notice will have been replaced by the full website and its content.