Artfixdaily Blog Network

Two UK Banksy Art Forgers, each enabled by eBay's lack of consumer fraud protection, received suspended sentences, even though each sold hundreds of Banksy Counterfeits, deceiving countless eBay Buyers.  These eBay Buyers now have worthless Art along with worthless Certificates of Authenticity.  Thus far, over 120 fake Banksy's sold by the two con men have been recovered, which, if genuine, are  valued in excess of $350,000. Lee Parker and Grant Champkins-Howard were convicted of selling hundreds of  Banksy Counterfeits, yet a UK judge only sentenced them to ...

A Chinese Vase expected to sell for $800. to $1,200., was sold by Sotheby's New York for an astonishing $18 million on March 22, 2011. Described as an unusual famille rose and gold decorated vase, an Anonymous Sotheby's bidder paid $18 million for this 20 century porcelain. The Chinese Vase was among 300 lots consigned by J.T. Tai and Company, a well-known  Dealer of Chinese Porcelain; the Sotheby's Sale realized $36.3 million and took nine hours to complete. Why did Sotheby's estimate the $18 million Chinese Vase at only $800-$1,200? Sotheby's felt there was no actual support to indicate ...

Buying Art is not like buying Detergent; the key is to "buy intelligently". Art buyers often make the wrong decision when comparing two examples of the same Work of Art with the objective of "saving money".  Many Buyers fall prey to buying the Work of Art with the lowest price, and often not the best. Daniel Grant wrote a WSJ Article titled Why You Can't Always Trust Art Dealers which casts a negative light on Art Dealers.  We don't condone the ethical behavior cited by Mr. Grant and agree due diligence is essential to protect financial ...