The art collection at the DIA is estimated to be valued at $2.5 billion but, as The Washington Post reported, the exact value is impossible to determine because it is rare for so many valuable works to hit the auction block.
They would probably get much less than expected because as is said that many valuable works dont go up for sale at one time, so there just wouldnt be the money available to pay normal market prices for all of the collection.
It would be a fire sale which is appropriate; Detroit is burning down around the city governments ears while they fight over the ashes.
posted on 09/01/2013 4:43:53 AM PDT
(The welfare state must fail because it is contrary to human nature and diminishes the human spirit.)
It would be a fire sale which is appropriate . . . .
Something like this?
posted on 09/01/2013 6:52:56 AM PDT
by Mr Ramsbotham
(I'll retire to Bedlam.)
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