Should Art “Belong” To Its Home City?

There has been much discussion lately about the trend of museums selling off their art to balance the budget. But museums aren’t the only ones divesting themselves of great works: Alan Artner points out that private collectors do it all the time, and the effect on a city’s artistic reputation can be drastically changed by such actions. “In the past it was thought that artworks collected in a city should stay in the city, for in a sense, they belonged to it. People rich enough to have significant collections made their money in particular cities and leaving art to them was a way of giving something back.” But beginning in the 1980s, when art really became a financial investment as well as an aesthetic one, this view began to change.