Thursday, 20 March 2008

Bought A Fake Lately?

Fake Miro (photo: Catalan police)Would you pay £25,000 for this tripe, even if it were a genuine Miro? And would you expect to buy the real thing on eBay? Hundreds did! It appears that US and Spanish police mounted a joint operation to collar a gang of international fraudsters doing a roaring trade in fake Miros, Picassos, Dalis and Chagalls, some of them sold on eBay, others sold in galleries and at art shows. The forgeries - mostly copies of original limited-edition prints plus forged signatures and fake certificates of authenticity - were sold between July 1999 and October 2007. The US prosecutor claims that 2,500 counterfeit Alexander Calder prints were sold and that the gang raked in $5m. (A conservative estimate, I suspect.) Three of the seven charged are US art dealers. Hint from Coxsoft Art: you'll notice the gang didn't sell any fake Caravaggios. That's because even the most gormless art buyer might twig that Caravaggio didn't sign limited-edition prints! So stick with the old masters and avoid modern tripe.


At 13/5/08, Anonymous Anonymous said...

I "think" there was only ONE sold for 50K, most sold for $100s, maybe a few 1000. There is a website dedicated to art fraud in prints and talks a little about this case. www.Art-Fraud.ORG

At 13/5/08, Blogger Coxsoft Art said...

Thanks for the link. I'll check it out. These news items are quite often garbled and exact figures are difficult to come by. I do my best, but don't always succeed.

I'd lost track of this story. The problem is that criminal prosecutions take so long to come to trial that you've forgotten about them by the time they pop up.


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