An estimated $110 million of art was lost in the September 11 attacks: $100 million in private art[1] and $10 million in public art.[2] Much of the art was not insured for its full value.[1]
In October 2001, a spokesperson for insurance specialists AXA Art described the attacks as "the biggest single disaster ever to affect the [art] industry".[3]
The Port Authority held an estimated 100 pieces of art work at the World Trade Center Complex, in addition to the seven public works of art that had been created for the World Trade Center, all of which were destroyed or severely damaged. The offices of brokerage house Cantor Fitzgerald reportedly contained 300 Rodin sculptures.
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