Buffalo Gallery To Sell Off Old Masters

“After six years of strategic planning and review, the Albright-Knox Art Gallery in Buffalo has decided to sell artworks and objects that fall outside the institution’s mission ‘to acquire, exhibit and preserve both Modern and contemporary art.’ The works, which include everything from antiquities to old master paintings and other European art, will be auctioned at Sotheby’s in 2007 and early 2008. The proceeds, expected to be around $15 million, will be used to acquire works that will strengthen the gallery’s holdings.”