Sotheby’s has announced that it will offer a group of works from the collection of The Israel Museum across a series of sales throughout the upcoming autumn and winter auction seasons, in both New York and London. The group will be led by works in the New York sales of Impressionist and Modern Art this November, including canvases by Marc Chagall, René Magritte, Camille Pissarro, Chaïm Soutine and Georges Braque, among others.
In July 2010, the Israel Museum completed a three-year renewal project that included the first comprehensive re-evaluation of its nearly 500,000 object collection since its founding, together with the complete re-installation of its collection galleries, which, in turn, catalyzed a carefully focused process of collection refinement. Proceeds from the works on offer will benefit future acquisitions.
According to James Snyder, Director of the israel Museum, “The Museum is implementing a carefully focused de-accessioning plan. This plan will eliminate redundancies and generate funds for the targeted acquisition of works that will enrich the collections and their presentation in the galleries, by amplifying focal points and filling gaps where they exist.”