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Liz Dawson

NEW YORK - Inside Art Auction Slump Has Silver Lining for MoMA

Posted on November 22, 2008 at 3:50 PM.

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After the recent drop in auction prices, artworks that were once out of reach for museums have suddenly become affordable again. This fall the Museum of Modern Art was able to buy a sculpture by the Arte Povera artist Pino Pascali (1935-68) and a floor piece by the Minimalist sculptor Carl Andre for less than their auction estimates.

Inside Art Auction Slump Has Silver Lining for MoMA (The New York Times)

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