Rent-a-Rose: Sotheby’s Persuades Brandeis to Lend Collection for Profit

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Cover of catalogue for Rose Art Museum's "permanent" collection

In a detailed, thoroughly reported story for today's Boston Globe, Geoff Edgers' dropped this pre-holiday weekend bombshell: Brandeis to Loan Art to Boost Budget. In his account, Edgers repeatedly uses the "loan" euphemism, but what's really contemplated is renting the Rose Art Museum's collection for big bucks:

Brandeis University, which stirred controversy last year by proposing to close its Rose Art Museum, now plans to hire Sotheby's auction house as a broker to raise money by loaning out artworks, the school confirmed yesterday.
Is this better than selling the collection, as had been initially contemplated? Yes. At least the art would not be irretrievably lost to Brandeis and, quite possibly, the public.

But the fact that this is the lesser of two evils doesn't make it good. (More about my negative take on rental shows, whereby art-rich institutions exploit art-poor sister institutions, rather than cooperating collegially, is here.) A fundraising dispersal of the Rose trove to big-money borrowers would remove the art from the academic community that should be able to use it as a cultural and educational resource, as was intended by the donors.

Particularly problematic is the role of Sotheby's in brokering this deal, as reported by Edgers and confirmed by me by spokespersons for both Brandeis and Sotheby's:

Sotheby's approached the university [emphasis added] about a year ago suggesting the new plan. The university will sign a contract with the auction house sometime next month and hopes to begin fielding specific proposals as soon as this fall.

When asked whether the Brandeis trustees might consider reversing their early vote to consider selling works, [Brandeis President Jehuda] Reinharz reiterated that the board voted twice to keep the option open.

This means that a borrowing museum exhibiting the Rose works may, in effect, be mounting a very prestigious presale exhibition, enhancing the marketability and eventual price of a collection that Brandeis still says it reserves the right to sell. Not a pretty prospect.

What's in this for Sotheby's? Edgers says that "the university has a deal in place, if it decides to sell art, to put the works up for auction through Christie's." Christie's had appraised the collection (scroll down) at the behest of the Rose's former director, Michael Rush. Whether or not Sotheby's gets a fee for brokering Rose rentals, or an eventual chance to auction Rose art, it might get the satisfaction of scuttling a big potential payday for its competitor. Neither Brandeis nor Sotheby's would tell me the details of their agreement nor what kinds of renters (private or public) they are contemplating.

Here are my own suggested guidelines to be followed when exploiting the Rose collection as a cash cow, directed towards making a dicey situation somewhat less problematic:

---Preference should be given to Boston-area museums or educational institutions, so that the collection remains accessible to the Brandeis community for whom it was intended.

---Under no circumstances should Rose works be lent for private use by collectors or corporations.

---A core collection of important works from the Rose's "permanent" collection should remain on campus, with the right to borrow back works from renters for educational or exhibition purposes.

Here's Brandeis' press release on the subject. At least we have this commitment:

The university has not sold any art since that vote [by Brandeis' board, to authorize sales], and will not do so while it examines non-sale alternatives [emphasis added].

May 28, 2010 1:23 PM | |

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LEE ROSENBAUM I'm a veteran cultural journalist with many pieces in the New York Times, Wall Street Journal and major art magazines. I have been a cultural contributor on New York Public Radio (WNYC and WQXR) and have provided arts commentary on NPR and public radio stations in Philadelphia and Los Angeles. I am a HuffPost Arts writer. I've been profiled on the PBS NewsHour with Jim Lehrer's Art Beat and in the Chicago Reader. I've appeared as an art-market commentator on BBC-TV and have published numerous Op-Ed pieces in the New York Times and Los Angeles Times. I am author of The Complete Guide to Collecting Art (Knopf) and have lectured on cultural property issues at the New Acropolis Museum and the University of Pennsylvania, on deaccessioning at at Investigative Reporters and Editors 2011 Annual Meeting, Columbia Law School, the University of Iowa and a conference of the Museum Association of New York, on museum governance and cultural property issues at Seton Hall University, on arts blogging at American University and on Smithsonian exhibition controversies at Rutgers University.

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About this Entry

This page contains a single entry by CultureGrrl published on May 28, 2010 1:23 PM.

My Q&A with Richard Rossello: Will the Real Johns "Flag" Buyer Please Salute? was the previous entry in this blog.

LA MOCA’s Dennis Hopper Retrospective Becomes a Memorial Show is the next entry in this blog.

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