It’s time the art market got tough on fakes

THE ART NEWSPAPER | Laura Gilbert, Bill Glass:

With the Knoedler trial still fresh in people’s minds and an Old Master forgery scandal linked to works attributed to Cranach and Hals among others recently uncovered, the question of how to reduce the number of fakes—of everything from Ming vases to post-war paintings—circulating on the market is more urgent than ever. At the annual art-crime symposium held in November at New York University, participants agreed that the culprit was the market’s notorious secrecy. But discussions revealed deep divisions about what should be done. Insurers, auction houses, dealers and other players each have their own interests to protect in a market where, as one participant remarked, the “level of greed… is so great”… Read more

Image: In a court sketch from March 2016, the Knoedler legal team confers before announcing a settlement in the case brought by the collectors Domenico and Eleanore De Sole against the gallery. The De Soles had sought $25m, alleging that the gallery’s director