AAMD tries to preserve museum art collections during financial crunch

The Association of Art Museum Directors (AAMD) has become increasingly concerned that museum institutions have been selling pieces from their entrusted collections to fund general museum expenses. The ultimate fear is that a board of trustees will see the museum as a bank.  In response, the AAMD has approved a policy that will strictly prohibit…

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Missing Richard Serra sculpture “returned” and on-view at Madrid’s Reina Sofia Contemporary Art Museum.

Richard Serra    Equal-Parallel/Guernice-Bengasi    1986 Artist Richard Serra agreed to re-fabricate the piece Equal-Parallel/Guernica-Bengasi (1986) several years back, which had gone missing from The Reina Sofia Contemporary Art Museum’s collection sometime in the the early 1990s. The 38-ton steel sculpture which, according to all museum records, had been in storage since the 1990s had somehow…

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