Christies To Apppraise DIA Art

Detroit — Emergency Manager Kevyn Orr announced Monday that he has contracted with Christie’s Appraisals, the New York-based international auction house, to appraise the collections of the Detroit Institute of Arts.  The city of Detroit is in $18 billion dollars worth of debt and Christies will have the appraisal completed by fall.  Sources estimate the DIA holdings to be worth close to $2 billion.

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