There was a cultural difference between pre-boomer collectors, motivated by "connoisseurship and aesthetic appreciation," and subsequent generations, who had "more of an awareness of the financial component of art." As a result, boomer collectors have been less inclined to donate art to museums, either public or private, and lose a leverageable asset. " The New […]
SOURCE: ArtsJournal at 08:06PM on December 19, 2019