One of the most disappointing though empowering movements on the modern art market is an effort to diversify collections with works by women and previously underrepresented artists of different ethnic backgrounds. To this end, many museums all over the US from MoMA to SFMoMA reconfigure their exhibitions and even art collections to fill that historical, ethnic and gender gaps in their unique collections.
Thus, the San Francisco Museum of Modern Art announced its decision to sell Mark Rothko’s rich white-maroon sample of “painting of color fields” at Sotheby’s in May this year. This action is justified by the pursuit of a more diversified and thus inclusive collection. According to estimations, this lot can be gone for 35-50 million dollars which would add a significant budget to the museum expansion plans. Another Rothko’s piece of the same 1960 – “No. 14” – will remain in the permanent exhibition of the museum.
It Is All About Diversity
According to the museum director, the museum’s leadership has been working on a new strategy for “diversification” since last year. Mainly, it aims to “deal with the gaps in the history of art”. With an annual budget of only $ 3 million for the purchase of exhibits and the inflated prices that are offered on the art market, it is rather difficult. Therefore, it was decided to sell one of the works by Rothko by still preserving some of his masterpieces in house.
A few interesting facts about Mark Rothko and his story as an artist:
- Russian origin: as already seen from the name, Rothko was not a born-American. He was actually born in Dvinsk, Russia, now Daugavpils, Latvia. Mark moved to the USA at the age of 10 together with the family and lived the rest of his life;
- elite education: after graduating with honors from Lincoln High School, a promising artist got a government grant for studies at Yale University;
- abstract expressionism starter: he was one of the first discoverers of abstract expressionism as well as the color field. Works in this field gained incredible recognition all over the world;
- depression and suicide: unfortunately, Mark did not live long and took his own life at the age of 66. After battling depression, alcoholism, and poor health for quite some time, Rothko decided to end his life with suicide in his own studio.
To wrap it up, by selling one of the amazing works by Mark Rothko, SFMoMA is trying to diversify its collection.