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Donation of Bill Morrow sculpture "Insane Cycle" stalls after appraisal lowers value
Summary
A planned donation of Bill Morrow’s large piece "Insane Cycle" to Carbondale has stalled after an independent appraisal valued the work at $8,000, far below the caretaker’s expectation of $100,000; the caretaker has not signed donation paperwork.
A proposed donation of multiple sculptures by the late Bill Morrow — including a large piece known as Insane Cycle — remains uncertain after an independent appraisal valued the work at $8,000, well below a caretaker’s expectation of $100,000, commissioners said on Aug. 6.
Commissioners said the appraisal was ordered at the town attorney’s direction to provide an independent fair-market value and to protect the town against…
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