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Has the Art Market Become an Unwitting Partner in Crime?

The New York Times | Graham Bowley & William K. Rashbaum:

When you sell your home the paperwork details the sale, including your name, and the title search lists the names of the people who owned the property before you. But when someone sells an artwork at auction — even something worth $100 million, much more than your house — the identity is typically concealed.

Oh, the paperwork might identify the work as coming from “a European collection.” But the buyer usually has no clue with whom he or she is really dealing. Sometimes, surprisingly, even the auction house may not know who the seller is… Read more

Image: The sale of Henri Toulouse-Lautrec’s “Au Lit: Le Baiser” is at the center of a dispute

2018-10-29T11:05:31+00:00