For Museums, “Deaccession” Ia A Dirty Word. Should It Be?

“The principle,” says the president of the AAMD, “is that works of art shouldn’t be considered liquid assets to be converted into cash. They’re records of human creativity that are held in the public trust.” On ther other hand (says the other side), “Once you’ve decided to sell a work of art, what you end up with is money. And money is fungible. And saying that that money has to be cordoned off and only used for art doesn’t address the realities of running any sort of museum.”