Another College To Sell Art To Raise Money

Randolph College has decided “to sell the prized Bellows canvas and three other paintings from its art collection this fall at Christie’s in New York. The auction house estimates that the Bellows alone, which goes on the block on Nov. 29, could bring in $25 million to $35 million — at least 10,000 times what the students paid in 1920. The college’s goal is to raise at least $32 million over all to shore up its endowment and reduce a steep operating deficit.”