Landracing Forum
Misc Forums => NON LSR Posting => Topic started by: Dean Los Angeles on July 18, 2013, 11:34:54 AM
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No member of the Petersen family is alive to stop this travesty.
http://jalopnik.com/the-petersen-is-selling-hot-rods-to-buy-motorcycles-and-815730807 (http://jalopnik.com/the-petersen-is-selling-hot-rods-to-buy-motorcycles-and-815730807)
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We will have to see how this pans out. Not so sure, sounds like some board members are not into hotrods?
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Everything I've read said Jalopnik is wrong.
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http://www.latimes.com/business/autos/petersen-car-sales-20130716,0,5054449.story
http://www.auctionsamerica.com/events/overview.cfm?SaleCode=BB13
http://www.latimes.com/business/autos/la-fi-hy-petersen-sales-ethics-20130720,0,7179182.story
August 1st is not very far off. Time will tell.
Tom G.
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according to Sally Yerkovitch, quoted in the Times article.
Now, nothing the Petersen is doing is technically illegal, but there are some ethical issues to consider here, especially since the Petersen is a non-profit institution who's stated goals are to serve the public interest. To help clarify, I contacted a friend in the museum world, and while they'd prefer to remain anonymous, what they told me helped put things in perspective.
Essentially, the issue is that the public, while they don't really get a say in things, as such, should be able to see and access the collection. That's what many of the donors had in mind specifically when they donated their vehicles. But when cars go on the auction block, they could easily end up in private collections, and the public will never get to see or encounter them, which goes against both the public interest and the desires of the original donor.
Also, when a work of art (or in this case, an important car) is donated, they get a tax break because the public gains access to the work. So if the work is then sold to a private collector, that invalidates the original intent of the tax break, since the public no longer has access to the car.
It's tricky. The Petersen's not part of an overarching regulating body, and in the end they can do what they please. The end result may in fact be a much stronger museum as well, with an improved collection. But that still doesn't change that these decisions were made without any public notice, and for an institution designed to server the public, that could be problematic. People will disagree with some of the cars being sold — there's no way around that.
http://jalopnik.com/why-is-the-petersen-selling-part-of-its-collection-a-bi-873738607 (http://jalopnik.com/why-is-the-petersen-selling-part-of-its-collection-a-bi-873738607)
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The new facade looks like it was designed for the LaBrea tar pits.
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"The new facade looks like it was designed for the LaBrea tar pits."
All the better to catch stray dinosaurs, Stan. Gotta watch out for 'em, you know. . . :roll:
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After reading more about it those two j.cka.ses in charge should be hung up by their balls.