Christies Estimate Delayed

(Detroit, MI) -- A highly anticipated evaluation of thousands of pieces of artwork at the Detroit Institute of Arts by New York-based Christie's auction house has been delayed. Detroit officials had previously said the evaluation would be completed in October or November, however that's been pushed back to mid-December. The report is expected to have a major impact on the fate of the museum's world-class collection and will likely influence negotiations between Detroit Emergency Manager Kevyn Orr and creditors. Christie's estimate is expected to reach several-billion dollars.