MUSEUM directors are 'haunted by the unhappy examples set by many of their elders, who, if they had had sagacity, could have bought a fortune in paintings hot off the easels of their contemporaries. Mid-20th century U.S. painting offers just such a challenge. Will posterity view the volcanic eruption of abstract art as one of the U.S.'s most dynamic periods? Museums all over the country are now hedging their bets by cautiously buying contemporary abstractions. One museum that has decided to buy as if there were no doubt is Buffalo's 52-year-old Albright Art...

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