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Art museum sell art (Counter: The city government has the right and…
Art museum sell art
Counter: The city government has the right and responsibility to act rationally for the financial well-being of its citizens
The DIA is unusual among major civic museums in that the city retains ownership of the building and collection" (Gallagher & Stryker 2013)
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Should not sell
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The deal should not go through due to uncertainty regarding the cash value of many works within the collection
Thats a guess as to what it would bring on the open market, the only way you would test the value would be on the open market through an auctionist depending on what collectors are willing to pay
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can not give an exact value on the collection it is because works like Van Gogh and Rembrandt dont exactly hit the market everyday. There isn't an exact value on the works. (Facebook)
While the city has ownership, it cannot sell the collection, for risk of breaking contract
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To be fair a lot of the works within have been donated and likely hold stipulations as to what may be done with them. (Facebook)
Many of the holdings were given to the museum under legal agreements that they not be sold. (Gallagher & Stryker 2013)
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