this is how it REALLY works: Owner of many pieces of art of one artist, say Warhol, gives one (estimated value, appraisal worked out with museum and lawyers for owner, Owner gets tax benefit (we pay), new value for rest of paintings in owners collection now appreciate, owner gets rich, we pay. It gets even better when a New artist is “recognized” in a museum collection and suddenly the value of all of their art sky rockets. Museum raises funds from the new wealth class they created, while the “value of their collection is uncalcuable. By the way, artist chooses to donate to a museum, she can deduct the cost of materials on her tax form. Get real, and better.

this is how it REALLY works: Owner of many pieces of art of one artist, say Warhol, gives one (estimated value, appraisal worked out with museum and lawyers for owner, Owner gets tax benefit (we pay), new value for rest of paintings in owners collection now appreciate, owner gets rich, we pay. It gets even better when a New artist is “recognized” in a museum collection and suddenly the value of all of their art sky rockets. Museum raises funds from the new wealth class they created, while the “value of their collection is uncalcuable. By the way, artist chooses to donate to a museum, she can deduct the cost of materials on her tax form. Get real, and better.