Art Investment

Fake Pollock for 17 million

Zdanie
The building is closed down Knoedler Gallery in Manhattan
Source: galleristny.com

Just a few days ago after the sudden closure existed 165 years of Manhattan gallery Knoedler & Co, Pierre Lagrange (Pierre Lagrange), co-founder of London-based GLG Partners Inc., sued the gallery and its former director Ann Friedman (Ann Freedman), accusing the institution to sell him a fake paintings of Jackson Pollock (Jackson Pollock).

According to a statement filed by the plaintiff in federal court in Manhattan in November 2007, La Grange paid $ 17 million per picture "Untitled 1950", which gave out a gallery of work of Pollock.

When in 2010, Lagrange turned to auction houses Sotheby's and Christie's, wanting to sell the work, both companies refused to cooperate with him because of doubts about the authenticity of paintings. Then the LaGrange case has attracted the kind of consulting company, which last November concluded that the picture is actually - a fake.

«Allegations that the work of a fake, completely unfounded, "- said, in turn, Kathleen Blomquist (Kathleen Blomquist), spokesman for the gallery closed down. She also assured that the closure of Knoedler & Co has nothing to do with the claim of Lagrange. Gallery, founded in 1846 by Michael Knodlerom (Michael Knoedler), closed on November 30, and the reason for its closure of the owners is not specified. In the materials of a lawsuit filed by Lagrange, emphasizes that the gallery was closed for the day after she got the report of the expert to recognize a fake picture.

picture of pseudo-Pollock, purchased Lagrange, was not in existence at the time the catalog-Raisonné of the artist, but the gallery has convinced the buyer that the directory is processed and the new version will definitely include a reproduction of the acquired his work. In fact, says Pierre Lagrange in his claim, no reissue catalog-Raisonné Pollock was not planned, and the lack of jobs in the current edition was the reason for the auction house refused to take it to the auction.

Pierre Lagrange, requires that the gallery reimburse him for the work received 15.3 million dollars (it's LaGrange paid 17 million, but 1.7 million received as commission brokers), and paid the fine, which was not specified.

The last few months the name of the picture often flickers in the news headlines in connection with other litigation related to fake a painting by Robert Motherwell (Robert Motherwell).

's long history, the gallery Knoedler & Co exhibited in its halls of many important American artists, among whom were representatives of the Hudson River and New York schools. In recent years the gallery presents the work of Milton Avery (Milton Avery), Helen Frankentaler (Helen Frankenthaler) and James Castle (James Castle).

Prepared by Mary Estrova, AI

Source : artinvestment.ru


Permanent link to:
https://artinvestment.ru/en/news/artnews/20111206_pollock.html
https://artinvestment.ru/news/artnews/20111206_pollock.html

When quoting reference to the https://artinvestment.ru without fail

© artinvestment.ru, 2024

Attention! All materials of the site and database of auction results ARTinvestment.RU, including illustrated reference information about the works sold at auctions, are intended for use exclusively for informational, scientific, educational and cultural purposes in accordance with Art. 1274 of the Civil Code. Use for commercial purposes or in violation of the rules established by the Civil Code of the Russian Federation is not allowed. ARTinvestment.RU is not responsible for the content of materials submitted by third parties. In case of violation of the rights of third parties, the site administration reserves the right to remove them from the site and from the database on the basis of an application from an authorized body.

Услуги ARTinvestment

Арт-консалтинг

Индивидуальные консультации от опытных искусствоведов по любым вопросам в сфере искусства

Составление Инвестиционного Портфеля

Подбор предметов искусства для инвестирования под любую инвестиционную стратегию

Индивидуальная оценка

Наши эксперты проведут профессиональную оценку вашего предмета искусства, учитывая его состояние, авторство, историю и другие факторы

500+

Проведенных аукционов

8 800+

Зарегистрированных пользователей на аукционе

343 000+

Записей в базе

16 000+

Художников в базе

This site uses cookies, it can collect data about IP addresses and users. N 152-FZ «On Personal Data» and continue working with this site, you confirm your consent to the processing of personal data in accordance with the law N 152-FZ «On Personal Data» and «The policy of LTD «ArtIn» with regard to the processing of personal data».