Yet Another Appraisal Of Detroit Institute Of Arts’ Collection (And Its Big)

“The new appraisal, conducted by Victor Wiener Associates, a New York firm, was commissioned by the Financial Guaranty Insurance Company, a bond insurer that stands to lose hundred of millions of dollars in the bankruptcy. The insurer has called for the masterpieces from the museum to be sold or monetized in some other way, such as being used as collateral for a loan.”

source ArtsJournal http://ift.tt/UGVJm4

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