Dear colleagues,
I am reaching out to you in search for some advice.
A museum donor is in need of downsizing and he has offered us to sell his art, which is not valuable enough for us to acquire, and keep the proceeds from the sale.
I have a few questions:
1- Does this pose any problem from an ethical point of view if we are a non-profit museum?
2- If you have done this in the past, have you insured the artwork while it was being sold?
3 - How to solve the conflict of interest? The Museum is interested in keeping the donor happy but at the same time is worried about its standing (we have never sold anything of this nature).
Thank you,
Silvia Perea
Art, Design & Architecture Museum
University of California Santa Barbara