{"id":12365,"date":"2015-04-09T09:00:19","date_gmt":"2015-04-09T13:00:19","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=12365"},"modified":"2015-04-09T08:17:50","modified_gmt":"2015-04-09T12:17:50","slug":"europe-is-selling-its-family-silverware","status":"publish","type":"post","link":"https:\/\/www.Centives.net\/S\/2015\/europe-is-selling-its-family-silverware\/","title":{"rendered":"Europe Is Selling Its Family Silverware"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2015\/04\/040915_1214_EuropeIsSel1.jpg\" alt=\"\" width=\"642\" height=\"482\" \/><\/p>\n<p>To deal with its debt problems European governments are looking to sell works of art writes Doreen Carvaljalapril:<\/p>\n<ul>\n<li>In light of government budget cuts a British museum sold a 4,500 year old Egyptian statue for $27 million to create a new endowment to fund the museum.<\/li>\n<li>Germany is selling its national treasures to finance a state owned casino.<\/li>\n<li>Another German museum&#8217;s collection may be used to pay back the debts of a failed bank.<\/li>\n<li>Critics point out that once these works are sold to private collectors they may never be seen by the public again.<\/li>\n<li>Defenders retort that museums can typically only display 10% of their art anyway, and all the stuff stored in inventory should probably just be sold to help in a time of crisis.<\/li>\n<li>On the plus side, news of the sale of works of arts drives up museum visitors as people flock to see famous works for one last time.<\/li>\n<\/ul>\n<p>Read about some American museums that have resorted to the same tactics, the use of ethical guidelines in sales, and more over <a href=\"http:\/\/www.nytimes.com\/2015\/04\/05\/arts\/design\/seeing-a-cash-cow-in-museums-precious-art.html?hp&amp;action=click&amp;pgtype=Homepage&amp;module=second-column-region&amp;region=top-news&amp;WT.nav=top-news&amp;_r=0\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.nytimes.com\/2015\/04\/05\/arts\/design\/seeing-a-cash-cow-in-museums-precious-art.html?hp&amp;action=click&amp;pgtype=Homepage&amp;module=second-column-region&amp;region=top-news&amp;WT.nav=top-news&amp;_r=0\">The New York Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>To deal with its debt problems European governments are looking to sell works of art writes Doreen Carvaljalapril: In light of government budget cuts a British museum sold a 4,500 year old Egyptian statue for $27 million to create a new endowment to fund the museum. Germany is selling its national treasures to finance a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12365","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"https:\/\/www.Centives.net\/S\/wp-content\/uploads\/2015\/04\/040915_1214_EuropeIsSel1.jpg","_links":{"self":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/12365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=12365"}],"version-history":[{"count":2,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/12365\/revisions"}],"predecessor-version":[{"id":12367,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/12365\/revisions\/12367"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/12364"}],"wp:attachment":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=12365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=12365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=12365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}