Report: Detroit art valued at more than $4.6B

By Corey Williams

Published July 9, 2014 10:09pm ET

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Report: Detroit art valued at more than $4.6B — DETROIT (AP) — Treasures in the Detroit Institute of Arts eyed for sale by some creditors in the city’s historic bankruptcy could be worth more than $4.6 billion, but likely would fetch a quarter of that or less in a forced liquidation, according to a new report. The evaluation given this week to the DIA […]

DETROIT (AP) — Treasures in the Detroit Institute of Arts eyed for sale by some creditors in the city’s historic bankruptcy could be worth more than $4.6 billion, but likely would fetch a quarter of that or less in a forced liquidation, according to a new report.

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