Advice to collectors

“I sent this collector a letter that said, ‘We’ve worked together for three years. Here is a list of the pieces you have in your collection and another list of the pieces that you’ve turned down. Unfortunately, the collection you could have had of pieces that you refused is a much better collection than the one you have.’”
Hard-line art advisor and now curator of photography at the New Orleans Museum of Modern Art, Diego Cotez, talking to Mike Sperlinger in The Price of Everything: Perspectives on the art market, published by Yale for the Whitney. Cortez has just gifted his own 250 piece collection of contemporary photography, including Cindy Sherman, Nan Golden, Richard Prince to the New Orleans museum.
Image: Diego Cortez, seated