Repugnant sales of art: deaccessioning, in Switzerland

 "Deaccessioning" is a repugnant transaction in the art world, in which it's often considered acceptable to sell art only to finance the purchase of other art, and not to keep a museum from going bankrupt.  I've written about this in the U.S. context, but it's an international phenomenon.

The NY Times has the story, from Switzerland:

Swiss Museum in Financial Straits Sells Three Cézannes for $53 Million. Museum Langmatt said the sales were necessary to keep its doors open. Critics had said they violated industry guidelines on when a museum should sell off parts of its collection.

"The Foundation Langmatt’s decision to sell the Cézannes earned wide criticism before the auction. The Swiss branch of the International Council of Museums, which said the sale was a clear breach of its guidelines for de-accessioning from museum collections, called for the paintings to be withdrawn.