In this panel, we will detail how the auction houses and galleries have adjusted their practices to facilitate the consignment process and sales. .. Read more This panel will explore art institution deaccessioning from an ethical, governance and legal standpoint as it relates to contemporary demands and realities faced by art museums, including operational expenses, diversity and inclusion efforts and diversifying collections. What many small museums are left with are valuable collections on the one hand but little money for operations and institutional advancement on the other. If museums start monetizing their art what will be left? Art appraisals come in a variety of shapes, sizes and purposes. This panel will look at the appraisal process from a variety of perspectives, including the appraiser, the auction house, the museum and in litigation. The educational content will include copies and summaries of the laws, rules, and ethical considerations governing appraisals, key court decisions concerning appraisals, and a slide show to guide and accompany the panel discussion about appraisals in the art world.
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