CBS Sunday Morning: Alice Walton’s Crystal Bridges (11/06/11)

Crystal Bridges Museum of American Art, founded by Walmart heiress Alice Walton, will open on Friday, November 11th in Bentonville, Arkansas. This video clip gives an excellent look at the Moshe Safdie-designed building as well as some of the most notable (and talked about) pieces in the collection. The museum focuses on American Art from 1650 through the present and houses over 1,000 objects, at least one hundred of which come directly from the home of Alice Walton herself. Having developed her personal collection over a 20-year period, Ms. Walton is undoubtedly one of the most sought-after collectors amongst art industry professionals. However, her decision to move significant examples of world-class art to Bentonville has been met with an unusual amount of controversy during the last five years. There was uproar when Ms. Walton purchased Asher B. Durand’s Kindred Spirits painting for $35 million from the New York Public Library, and an equal (and arguably more successful) outcry from Philadelphians when she attempted to purchase Thomas Eakin’s Gross Anatomy from a local medical school for $68 million. The museum is home to works by well-known artists including Andy Warhol and Alexander Calder and also shows works by lesser-known and emerging artists including Roxy Paine. As Ms. Walton considers the debut of the museum to represent the beginning of the institution’s collecting, Artvest is eager to follow the cultural implications as important works of American Art make their way to Arkansas.

Click here to access the Crystal Bridges website.

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