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Iowa Lawmakers Move To Sell Pollock Painting To Fund Scholarships02:33
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(University of Iowa Museum of Art, Gift of Peggy Guggenheim, 1959.6)
(University of Iowa Museum of Art, Gift of Peggy Guggenheim, 1959.6)

Iowa legislators are considering a bill that would force the University of Iowa to sell its Jackson Pollock "Mural" painting, valued at $140 million, which was donated to the state-owned University in 1959. The proceeds from the sale would go into a trust fund to give scholarships to art students.

But museum associations have criticized the move, arguing that treating works of art as a source of cash is a violation of museum ethics.

We speak with Christopher Knight, art critic of the Los Angeles Times.

This segment aired on February 17, 2011.

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