Berkshire Museum Case: Selling into the Teeth of Controversy
Martin Gammon, Pergamon Art Group
April 9, 2018
One of the more depressing and distressing aspects of the ongoing saga of the Berkshire Museum’s recalcitrant march to auction, is that the board appears to be wholly ignorant of the significant headwinds they might face in the current marketplace. As such, not only are they sacrificing their greatest treasures on a barely defensible and dubious mandate, but they may well find that the proceeds fall short of their lofty expectations.
Of course, no one can say for certain how the market will react to these works until the ultimate fall of the auctioneer’s gavel, but the history of deaccessions we recount in our forthcoming book illustrates that almost every prior sale that occurred under a similar cloud of controversy yielded either pretty dismal results to outright spectacular failures.