Sunday, December 8, 2013


Detroit-owned art worth up to $866M, auction house says


Bankrupt city may seek to monetize some of nearly 3,000 works housed in Detroit Institute of Arts collection

The auction house Christie's put a price tag on one of Detroit's highest-profile city assets, its share of the Detroit Institute of Arts collection, stating that nearly 3,000 works controlled by the city are worth between $452 million and $866 million.


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