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Art Forgery Trial Asks: Were Dealers Duped, Or Did They Turn A Blind Eye?

11 Feb

“Art Forgery Trial Asks: Were Dealers Duped, Or Did They Turn A Blind Eye?”

by Joel Rose via “NPR

The Knoedler & Company art gallery, shown here in 2010, had been in business  since before the Civil War. The gallery permanently closed its doors in 2011.

The New York art world was shocked when the city’s oldest gallery abruptly closed its doors more than four years ago. A few days later, news broke that Knoedler & Company was accused of selling paintings it now admits were forgeries for millions of dollars each. The gallery and its former president face several lawsuits by angry collectors and the first trial began this week.

The forgeries at the center of the scandal look like masterpieces by Jackson Pollock, Willem de Kooning and other prominent abstract expressionists. They were good enough to fool experts, and even Ann Freedman, then-president of Knoedler & Company, says she was duped.

Her lawyer, Luke Nikas, says, “Ann Freedman believed in these paintings. She showed them to the whole art world. She showed them to experts. And she has piles and piles of letters from all of these experts informing her that the works are real.”

Nikas says Freedman even bought some of the paintings for her own personal collection. But the plaintiffs in this case and other pending lawsuits say Freedman overlooked glaring problems with the paintings’ backstories. The art dealer who sold the paintings to the gallery, a woman named Glafira Rosales, pleaded guilty to fraud and money laundering charges in 2013. According to Freedman, Rosales told an elaborate story involving a European collector (known only as “Mr. X”) who bought the paintings with cash in the 1950s, when he was having an affair with an assistant at two top New York galleries.

“It’s quite a tale, and people bought it,” says Amy Adler, who teaches art law at New York University. “I suppose the temptation would be there — not just for buyers, but, yes, even for sellers — to think they’d happened upon these magnificent, undisclosed masterpieces.”

In the end, Rosales admitted to selling Knoedler 40 counterfeit paintings over more than a decade. The plaintiffs argue that Freedman knew — or at least should have known — that something was amiss. It’s hardly the first time an art dealer has been accused of deliberately looking the other way.

Ken Perenyi is a professional art forger who wrote about his career in the book Caveat Emptor. “From over 30 years’ experience with art dealers,” he says, “I would say there most certainly are individuals out there in the trade that will turn a blind eye.” . . .

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Open Mind is one Thing, and Empty Mind is Another

10 Feb

“The trouble with having an open mind, of course, is that people will insist on coming along and trying to put things in it.”

**Terry Pratchett

“Every Woman . . . “

9 Feb

“Every Woman”
by Pamela Redmond Satran

A WOMAN SHOULD HAVE
Enough money within her control to move out
And rent a place of her own
even if she never wants to or needs to
Something perfect to wear if the employer
or date of her dreams wants to See Her in an hour

A WOMAN SHOULD HAVE
A youth she’s content to leave behind
A past juicy enough that she’s looking forward to
retelling it in her Old Age

A WOMAN SHOULD HAVE
A set of screwdrivers,
a cordless drill, and a black lace bra
One friend who always makes her laugh
And one Who lets her cry

A WOMAN SHOULD HAVE
A good piece of furniture not previously owned
by anyone else in her Family
Eight matching plates,
wine glasses with stems,
And a recipe for a meal that will make
her guests feel Honored
A feeling of control over her destiny

EVERY WOMAN SHOULD KNOW
How to fall in love without losing herself
HOW TO QUIT A JOB,
BREAK UP WITH A LOVER,
AND CONFRONT A FRIEND WITHOUT
RUINING THE FRIENDSHIP
When to try harder
And WHEN TO WALK AWAY

EVERY WOMAN SHOULD KNOW
That she can’t change the length of her calves,
The width of her hips,
or the nature of her parents
That her childhood may not have been perfect
But it’s over

EVERY WOMAN SHOULD KNOW
What she would and wouldn’t do for love or more
How to live alone
Even if she doesn’t like it

EVERY WOMAN SHOULD KNOW
Whom she can trust,
Whom she can’t,
And why she shouldn’t take it personally

EVERY WOMAN SHOULD KNOW
Where to go
Be it to her best friend’s kitchen table
Or a charming inn in the woods
When her soul needs soothing

EVERY WOMAN SHOULD KNOW
What she can and can’t accomplish in a day
A month
And a year.

What I Tell My Ethics Students

8 Feb

“It’s the questions we can’t answer that teach us the most. They teach us how to think. If you give a man an answer, all he gains is a little fact. But give him a question and he’ll look for his own answers.”

~ Patrick Rothfuss

Warning: Bad Mental Image Now Stuck in Brain

5 Feb

A truly wise man never plays leapfrog with a unicorn.

Nethack

Image

Hahaha! FootballCon ~ so true!

4 Feb

Words That Should Never Be True

3 Feb

“Children are dying.” Lull nodded. “That’s a succinct summary of humankind, I’d say. Who needs tomes and volumes of history? Children are dying. The injustices of the world hide in those three words.”

**Steven Erikson

Art I Love ~ Athena

2 Feb

Art World Prepares for a Challenging Year

1 Feb

“Art World Prepares for a Challenging Year”

by Scott Reyburn via “New York Times

So now it’s official: The latest art market boom has peaked, according to figures from Christie’s and Sotheby’s, the two biggest international auction houses.

In late January, the companies released their 2015 results, with each reporting a slight decrease in year-over-year sales. It was the first year since 2010 that both failed to show an increase.

Christie’s, a private company based in London, reported auctions and private sales of 4.8 billion pounds, or about $6.8 billion in 2015, a decline of about 5 percent from 2014. Equivalent sales at Sotheby’s, which is publicly traded and based in New York, were $6.6 billion, about 1 percent less than in 2014.

Those figures do not represent a burst bubble, or even a serious correction, but they do suggest that 2016 is going to be a challenging year for the art market, reflecting the volatility and uncertainty of the wider world.

“The froth has been skimmed off,” said Paul Ress, the chief executive of Right Capital, which provides loans secured by art to dealers and collectors. Mr. Ress said that the collapse in the price of oil has taken “a huge amount of cash” out of the art market.

Photo

Peter Doig’s 1991 canvas ‘‘The The Architect’s Home in the Ravine.’’ CreditPeter Doig. All Rights Reserved, DACS 2015

“There aren’t so many Russians and Brazilians involved now, and the Chinese slowdown has had a knock-on effect on the raw materials and equity markets,” he said. “The potential buyers in the art world won’t be feeling as rich as they did last year.”

An examination of Christie’s results reveals key shifts in the market in 2015. Bolstered by huge one-off prices in New York for trophy works by artists like Picasso and Modigliani , auction sales of Impressionist and modern art were up 57 percent to £1.3 billion, while those of postwar and contemporary art — the main driver of growth from 2009 to 2014 — were down 14 percent to £1.5 billion. Year-over-year sales of old master paintings and 19th-century and Russian art shrank 37 percent to £154.9 million. . . . .

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Getty Museum returns the Head of Hades to Italy

29 Jan

Sometime between 300-400B.C., an unknown artist in Morgantina, Italy carefully sculpted this terra-cotta replica of the famed god of the Underworld, the feared Hades.  The skull or head itself was carefully sculpted on its own, and later the curly hair and beard were individually added, one curl at a time, just before the final firing in the kiln. Afterwards, it was carefully painted, and some parts of the paint remain such as the red in his hair and the blue in his beard.  This beautiful artifact is an amazingly well-preserved momento of painstaking artistry.

The piece goes by both the name “Head of Hades” and “Bluebeard” and was illegally excavated from an Italian archaeological dig during the 1970s. Afterwards it was sold and ended up at the Getty Museum in the USA.  

According to the Getty Website, the work was initially believed to be a depiction of Hades’ brother, Zeus (known occasionally as Bluebeard).  However, examination of the nearby discovered artifacts and the knowledge that Morgantina worshipped Persephone (kidnapped wife of Hades), they now believe it is actually Hades instead.  The kidnapping of Persephone is thought to have occurred at a lake near the city.  

Long story short, because the work was illegally excavated, it technically still belongs to Italy and was stolen property, meaning the Getty had to repatriate the bust to its nation of origin.  Although the legal exchange happened a couple years ago, the official trade occurred recently when Italian officials arrived to take over possession.  

One of the interesting notes to me is the fact that the Getty has owned this work since 1985 (almost 20 years) according to their own website. It is unclear why it took so long for them to return the stolen relic.  

Either way, the work is finally home as Hades returns to his royal lands, protecting the good and punishing the wicked as they pass into his deadly realm.

Resources:

  1. Getty Website
  2. Yahoo! News