Knoedler Gallery Inventory to be Sold at Auction

  • September 11, 2012 23:12

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A allegedly forged “Elegy” painting by Robert Motherwell sold by Knoedler to an Irish gallery that now is demanding a refund.

With lawsuits still pending from former clients, defunct art gallery Knoedler & Co. will auction off its inventory this fall.

Thirty-four works by modern masters such as Robert Rauschenberg, Helen Frankenthaler, Jules Olitski, Milton Avery, and Walker Evans will be offered at Doyle New York on Nov. 13.

Knoedler is under investigation by the F.B.I. and is being sued for $40 million by clients who allege that the New York gallery sold them fakes by such artists as Jackson Pollack, Willem de Kooning and Mark Rothko.

The provenance of works offered at Doyle will be carefully researched, said an auction house official.

Read more at New York Times

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