According to this article, the Brooklyn Museum has canceled plans to hold an exhibition of graffiti art, citing financial constraints.
According to the article, the show, “Art in the Streets,” is currently in Los Angeles, where it has drawn large crowds but has also attracted criticism for prompting an increase in graffiti in the surrounding neighborhood.
According to this article, international art dealer Michael Zabrin has been selling forged works by artists like Marc Chagall, Salvador Dali, Pablo Picasso and Joan Miro. Zabrin was a “member of a ring that earned millions of dollars selling phony art online through tony galleries in Paris, Tokyo, Barcelona, and Chicago” for more than two decades.
The gallerist was sentenced to nine years in prison. In 1992, he pleaded guilty to selling more than $800,000 in counterfeit art, for which he served a prison sentence, so this will be his second time in jail for similar charges.
Two of his associates, James Kennedy and Leon Amiel Jr. have pleaded guilty and are awaiting sentences in the next month. John Donnelly, a postal inspector in Chicago commented “people will be dealing with the ones that are out there for many years to come.”
This case provides another reason to properly investigate provenance when purchasing a work of art, as often discussed in this blog.
(This entry was created with the assistance of Nicole Dornbusch.)
The artist Sharyl Davis is now attempting to prove rightful title of a Pissaro print she purchased 25 years ago from a San Antonio art gallery.
According to this article, she purchased the print, “Le Marche,” for $8,500 and then displayed it in her homes over the years until she recently attempted to sell it at Sotheby’s for $60,000-80,000.
The Art Loss Register saw the work in an auction catalogue and contacted the auction house to make it aware that this work was previously stolen from the Musee Faure in Aix-les-Baines. The United States government then seized the work as contraband.
A New York Federal Appeals court is weighing the case between prosecutors from the Southern District of New York and Ms. Davis. Interestingly, Sotheby’s sold a more valuable Renoir painting, “Buste de Femme” in 1987 that, according to defense, was stolen from the same museum on the same day.
(This entry was created with the assistance of Nicole Dornbusch.)
Interestingly, ARTNews occasionally publishes a list of the Top 200 Art Collectors in the world.
For example, the 2009 list can be found here.
Certain names are already household names, at least in the art world,, such as Stephen Cohen, the hedge fund manager, or Charles Saatchi.
Even though some names are perhaps less familiar, no one can deny the list represents the elite in the art world.
Enter keywords:
