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Detroit Institute of Arts artwork evaluation delayed

DETROIT (WKZO) -- 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.