Several national organizations, including the Ford Foundation and the John S. and James L. Knight Foundation, have united to keep Detroit’s art off the auction block.
This month, a contemporary art sale at Christie’s in New York brought in $495 million—the highest total in auction history. The sale included works by Jackson Pollock, Roy Lichtenstein and Jean-Michel Basquiat, establishing a total of 16 new world auction records, with nine works selling for more than $10 million and 23 for more than $5 million. The astounding success…
