Tuesday, June 29, 2010

Detroit Institute of Arts Prepares to Deaccession Little Bighorn Flag

Detroit Institute of Arts has revived the talk with news that they're planning to auction off a flag that was at General Custer's Little Bighorn battle. Held by the museum since 1895, it's believed that the flag could fetch somewhere between $2 million to $5 million when it goes on the block sometime this fall at Sotheby's. The flag was originally purchased for $54.

Via The Detroit Free Press.

Friday, June 25, 2010

Art as Philanthropy

Art collectors are starting to donate their art work for philanthropy again. Via Forbes.com