Live: Can Detroit sell its artwork?

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French artist Nicholas Poussin's masterpiece "Selene and Endymion" (c. 1630) at the Detroit Institute of Art. Detroit filed for Chapter 9 bankruptcy protection July 18.

French artist Nicholas Poussin’s masterpiece “Selene and Endymion” (c. 1630) at the Detroit Institute of Art. Detroit filed for Chapter 9 bankruptcy protection July 18.

The value of the treasures at the Detroit Institute of Arts, which the city of Detroit owns, are coming under scrutiny Wednesday during a Detroit bankruptcy hearing, marking the first time in the case that the city’s prized collection is discussed at length in open court.

Those who desire to sell the paintings, sculptures and other artifacts to raise money to help lift Detroit from its bankruptcy will find that donors of some of the artwork have put restrictions on their gifts, those in the courtroom learned.

Courtesy of USA Today

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