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...needed money. Hoving proposed to get it through "deaccessioning" pictures-the barbaric museum jargon for preparing to sell. Last September, the Met revealed that it had deaccessioned a major work from the De Groot bequest, Henri Rousseau's The Tropics, and secretly sold it, along with Vincent Van Gogh's The Olive Pickers, to Marlborough Fine Art galleries. No price was given, but the reliable figure was $1.5 million for the two. This is well below their market value; the Rousseau alone was resold only days later to a Japanese collector for $2,000,000. Everett Fahy...

Author: /time Magazine | Title: Art: The Met: Beleaguered but Defiant | 2/26/1973 | See Source »

...relatively low price? One possible reason involves the offer of both the Rousseau and the Van Gogh to Italian Auto Tycoon Giovanni Agnelli. Agnelli also happens to have an interest in Marlborough, a firm that -under the guidance of Frank Lloyd, a dealer of legendary if unloved astuteness-has in the past decade become the world's richest gallery complex, with main offices in New York, London and Rome, a branch in Tokyo and a network of holding companies in Liechtenstein. Fiat had agreed to design and build four air-conditioned "Artmobiles" equipped to carry shows all over...

Author: /time Magazine | Title: Art: The Met: Beleaguered but Defiant | 2/26/1973 | See Source »

...couldn't have gotten a better price," said Director Thomas P. Moving, struggling to defend the clandestine sale of the Metropolitan Museum's major Rousseau, The Tropics, which-together with a Van Gogh-went out the back door to a dealer for a rumored total of $1.5 million. He might have tried Japan first. Last week Tokyo Art Dealer Tokushichi Hasegawa took delivery of the Rousseau, which he had bought from Marlborough Fine Art in London and resold to an Osaka businessman (anonymous, for "tax reasons") for $2,000,000. Said Hasegawa who, at 33, is vice president...

Author: /time Magazine | Title: Art: Japan's Picture Boom | 1/1/1973 | See Source »

...slapstick parody. Yet, to judge from his publicity, Russell believes that his erratic mediation between Vasari and Groucho Marx tells some truth about the creative processes of his hero. But it does not, and so Gaudier-Brzeska joins the line of artists - Gauguin, Michelangelo, Van Gogh - whom the movies have turned into silhouettes of the romantic outsider...

Author: /time Magazine | Title: Cinema: Erratic Bust | 11/20/1972 | See Source »

...A.D.A.'s chief objection was to the secrecy of the Rousseau-Van Gogh sale. Its statement urged that, when a museum sells a work, other American museums should have "ample opportunity" to buy it, and that if they do not, the work should be "offered widely in the market so that the maximum proceeds are assured to the selling institution." Neither of these conditions was met by the sale to Marlborough, the dealers insist. Finally, said the A.D.A., "if a museum does not subscribe to the foregoing principles and offers works ...privately or secretly," dealers were wholly entitled...

Author: /time Magazine | Title: Art: Breach of Trust | 10/16/1972 | See Source »

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