Australian Art Sacrificed for Cezanne - artmarketblog.com The Art Gallery of New South Wales in Sydney, Australia is selling two major works by two Australian artists from it’s collection to raise the remaining funds needed to purchase a painting by Cezanne
agree that a work by Cezanne will fill a hole in the galleries collection and that Bords De La Marne does seem like a good buy but considering the economic climate and the circumstances in which the work is being purchased, I question whether the purchase of Bords De La Marne at the current time is such a good idea. Capon is quoted in an article from the Sydney Morning Herald as saying “Our timing is obviously not ideal, but there is a degree of urgency from the gallery’s point of view - we simply have to pay for the Cezanne,” If the gallery is that short of funds then should they have committed to purchasing the work in the first place or should they have waited for a better time to make such a significant purchase?
**Nicholas Forrest is an art market analyst, art critic and journalist based in Sydney, Australia. He is the founder of http://www.artmarketblog.com, writes the art column for the magazine Antiques and Collectibles for Pleasure and Profit and contributes to many other publications.
