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Christie’s Must Name Bidder for a ‘Stolen’ $14.5 Million Turkish Idol, Judge Rules

In what can only be described as a highly unusual art law case, a Manhattan federal judge has ordered Christie’s auction house to identify the winning—yet ultimately unsuccessful—bidder of a 5,000-year-old artifact that Turkey is claiming as stolen cultural property.

The bizarre part? The troubled deal stemmed from an auction in late April that was never consummated. The buyer reneged and Christie’s still possesses the piece, described as an Anatolian marble female idol of Kiliya type. The artifact, known as the Guennol Stargazer, has been in the US for nearly 60 years and has already passed through the hands of several owners since it was allegedly illegally excavated and smuggled out of the country.

The Republic of Turkey filed an amended complaint on Thursday (July 27). Along with Christie’s, the complaint names collector and hedge fund manager Michael Steinhardt, who consigned the work to the April 28 auction, titled “The Exceptional Sale.”

On Wednesday, Judge Alison J. Nathan granted Turkey’s request to compel Christie’s to produce the name and contact information of the winning bidder of the work. “The Court does not order Christie’s to provide the requested information immediately,” Nathan added, but the parties must meet to negotiate “a protective order to govern that disclosure.” read more

2018-10-29T11:04:38+00:00