In China seized more than 1,000 fake works by Qi Baishi and other
ARTinvestment.RU   19 января 2018

Chinese police busted three criminal gangs that produced and disseminated (including through auctions) forgery of works of famous and expensive Chinese artists — Qi Baishi, Xu Bahuna, fan Zeng, etc.

the scale of the activities of the Chinese counterfeiters, the majority of the Western crooks never dreamed of. Moreover, the group took more of a quantity than quality. For example, one of the arrested members of the gang, surnamed Wang, has created over 300 forgeries, of which 87 were successfully sold through auctions for a total of 60 million yuan ($9,375 million).

in the context of a large-scale RAID conducted by the police in the city district Zunyi, South-западной Guizhou province, arrested 24 people from three groups, including staff authentication of commissions and auction houses. The suspects were seized more than 26 million yuan (about us $4 million) and 1 165 imitations of famous Chinese artists and calligraphers — Qi Baishi (Qi Baishi), Bahuna Xu (Xu Beihong), fan Zeng (Fan Zeng) and Qi Gong (Qi Gong). Gang members controlled the whole way fakes — from creation to receiving fake "certificates of authenticity" and subsequent sale by auction.

Government news Agency Xinhua published the news about the fakes, criticized the auction houses, not conducting due diligence on the proposed auction of the works and allowed the fakes to flood the art-рынок. Xinhua writes that the production and the implementation of fraud violated the rules of work of Chinese art-рынка and adversely affects the image of Chinese artists and calligraphers in the international arena.

it is difficult not to agree. Momentum and record sales at auction in China is still perceived by many experts as speculative and not entirely objective. However, the records there are often very loud. For example, recently a series of works by Qi Baishi was sold for $144 million. The sale was a record for all Chinese art-рынка and the fourth the sum of the auction transaction with the art world.


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