The Vancouver Sun has recently written an article “Blockbuster donation of ‘Michelangelo’ sculptures turns into multi-million-dollar bust: Sotheby’s says tiny terracotta sculptures are worth $200,000 to $300,000, a fraction of their appraised value”. The article discusses the valuation of certain sculptures donated to a Canadian registered charity and using the Cultural Property Export Review board for the donation.
You can read the full story at http://www.vancouversun.com/travel/Blockbuster+donation+Michelangelo+sculptures+turns+into+multi+million+dollar+bust/7875342/story.html
Related Posts
January 22, 2020
Another update from the Ontario government on ONCA
On January 7, 2020 I got another update from the Ontario government on ONCA. I warn you for those who read my blogs that the update does not really…
January 21, 2020
Mark Blumberg speaking at the 17th Annual Foundation, Endowment and Not for Profit Investment Summit
Mark Blumberg will be speaking on top compliance issues and transparency with investments at the 17th Annual Foundation, Endowment and Not for Profit…
January 18, 2020
Australian Wildfires and Canadian donors
We all see from the media the terrible wildfires in Australia. Some Canadian donors or charities have wanted to assist with the relief and recovery…