Thursday, March 15, 2007

Stay Tuned

The decision on the motion for preliminary injunction blocking the Albright-Knox deaccessioning will be announced tomorrow. Story here. Lindsay Pollock has a reminder in Bloomberg of what's at stake:

"Sotheby's auctions next week could raise as much as $12.1 million for Albright-Knox. One of the standout lots is a bronze Chinese ceremonial wine vessel from about the 12th century, decorated with unusual owl- like eyes, that Albright-Knox purchased for $10,000 in 1953. It is estimated to sell for as much as $3 million."