Not So Rosy

permcollection2 The decision by Transracial alma mater Brandeis University to shutter its esteemed Rose Art Museum is proving troublesome to the hard-hit arts market. The Museum’s collection — totaling 6,000 to 8,000 pieces — include blue-chip works by the likes of Warhol, Lichtenstein and Max Weber (above). According to today’s New York Magazine, the collection’s sale — and suspected tiny tally — would shed light on just how low the art market has fallen. Apparently collectors and gallerists who overpaid during the good times are concerned their own collections may actually be far leaner in worth than they’d like to admit. Yikes.

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One Response to “Not So Rosy”

  1. This really pissed me off when I heard about it. Rose Art Museam is one of the few things about Brandeis that I can look back on and think positive thoughts.

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