Detroit’s Art Worth Up To $4.6 Billion

Thursday, 10 July 2014 | by Pat's Picks

The art from the city-owned collection at the Detroit Institute of Arts is worth as much as $4.6 billion, according to a new audit. But as any viewer of Pawn Stars can tell you, it’s not what the art is worth, it’s how much you can sell it for. The audit says if the art was actually liquidated to help solve Detroit’s bankruptcy crisis, it would likely bring in somewhere between $1.1 billion and $1.8 billion. The Detroit Free Press says the fate of the museum’s collection will be decided in a bankruptcy trial next month.

SOURCE: Detroit Free Press