Page 107 - C.T. Loo A paper about his impact and activities in the Chinese art Market
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                       T. Loo and museums. 225  In 1945, K. Tomita, informed Loo that he found in the


                       museum’s collection about 20 pieces, which might be applied toward an exchange with

                                       226
                       Loo’s collection.

                                                               Loans

                           It was common that museums borrowed objects from dealers who amassed a large


                       collection of antiquities. As the RISD was planning to have an exhibition of furniture,

                       paintings, and ceramics of the Ming through the Qing Dynasties, Loo was asked to lend a

                                                  227
                       number of the late paintings.  In response, Loo boasted, “We can surely loan you

                       anything you want…either paintings or porcelains or potteries and we can always gather


                       a nice selection for you to examine before we send them over for your exhibition. As you

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                       know, we have many things in nearly all the fields in Chinese arts!”  Loan
                       arrangements between the dealer and the museum created a situation beneficial to both


                       sides. The museum did not have to make an immediate decision to purchase the loans

                       while having the benefit of displaying them in the museum. Loo’s collection of Ancient




                       225  Another mode of transaction between dealers and museums is illustrated by the
                       MFA’s acquisition of the Offering shrine with engraved figures and inscriptions (MFA
                       37.340) from Yamanaka & Co. partly in exchange and partly in cash. "Voted: To
                       recommend to the Trustees that a Chinese stone sarcophagus, A.D. 527, offered by
                       Yamanaka and Company, New York, for $20,000.00, be acquired by the exchange of a
                       Chinese peach-bloom bottle (Reg. no 35.733, exchange value $10,000.00) and of three
                       stone heads (Reg. Nos. 10.330, 10.322, 10.335, exchange value $300.00) and a cash
                       payment of $9,700.00." (April 1, 1937, Collections Committee minutes, curatorial file,
                       MFA, Joseph Scheier-Dolberg, email message to author, October 11, 2007)
                       226   K. Tomita to C. T. Loo, May 10, 1945, Folder C. T. Loo, box: I to L, 1936-1947,
                       AAOA-MFA.
                       227
                          G.B. Washburn to C. T. Loo, April 20, 1948, C. T. Loo & Co. folder 1945-1949,
                       RISDA.
                       228  C. T. Loo to G.B.Washburn, April 27, 1948, C. T. Loo & Co. folder 1945-1949,
                       RISDA.
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