Thursday, December 19, 2013

Detroit-owned Van Gogh appraised at up to $150M

FILE - In this Dec. 10, 2013 file photo visitors view the Detroit Industry Murals by the Diego Rivera at the Detroit Institute of Arts in Detroit. Christie's auction house has completed its final report on the value of about 2,800 owned by the city and reported Wednesday, Dec. 18, 2013 that the art is valued between $454 million and $867 million, which is slightly higher than a preliminary report. Christie's also has proposed possible ways in which the city may be able to avoid selling the art as it goes through the largest municipal bankruptcy in U.S. history. (AP Photo/Carlos Osorio, File) DETROIT (AP) — The fair market values of some of the most popular pieces in the Detroit Institute of Arts — including Bruegel the Elder's "The Wedding Dance" and a Van Gogh self-portrait have been released.








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