Picasso Takes Centerstage at Auction
(June 21st, 2006 under Announcements)
Since emerging from bankruptcy and selling its Michigan headquarters in 2005, the discount retailer Kmart begins auctioning fine artwork, including a rare Picasso tapestry, estimated $25,000, and a 15-century Ming Dynasty lotus-flower watercolor on silk. "They purchased most of the art back in the 1970's when the market didn't command such pricey price tags," said Michael Weissman of National Retail Equipment Liquidators.
Link to the full article:
http://money.cnn.com/2006/06/21/news/companies/kmart/index.htm
Michelle
This entry was posted on Wednesday, June 21st, 2006 at 11:31 am and is filed under Announcements.
