The Mating Dance Of Art Acquisition

“Today, buying art with income from endowments is next to impossible for most museums, even in the world of contemporary art, which used to be considered affordable. As a result, museums that want to grow their holdings must rely on collectors.” But the collector targeted by one museum is likely being wooed by several others as well, and the result of this complicated dance is a curious blend of hypercompetitive gladhanding and subtle begging. Some in the art world bemoan this state of affairs, and long for a return to the days when museums could afford to simply buy the pieces they wanted to display. But some curators seem to live for the thrill of the gentrified chase.