Palace Hotel to auction famous Pied Piper painting

SAN FRANCISCO

The famous Maxfield Parrish Pied Piper painting that's graced the hotel's bar for more than a century has been taken down and will be sold at auction in a couple of months.

Sheraton, which now owns the Palace Hotel, says it's just not practical to have the iconic work displayed in such a public area.

The hotel hopes the auction will bring in between $3 million and $5 million.

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