View RSS Feed

Antique

Sotheby's Contends Painting That Sold For $842,500 Is A Fake

Rate this Entry
by , 01-21-2017 at 04:40 AM (2486 Views)
      
   


St. Jerome was previously thought to have been painted by a 16th century Italian artist. According to a complaint filed by Sotheby's auction house, it is actually a modern fake, painted in the 20th century.

Sotheby's says a 16th century Italian painting sold by the auction house for $842,500 in 2012 is actually a modern fake, according to a complaint filed in U.S. District Court in New York on Tuesday.

The auction house is suing the collector who consigned the painting, arguing that he must pay back at least the $672,000 he personally made on the sale. Sotheby's says its contract with the man, Lionel de Saint Donat-Pourrieres, allows the company to rescind the sale if a painting turns out to be a counterfeit.

The painting, titled St. Jerome, had previously passed through the hands of an art dealer under investigation for allegedly trafficking multiple forged works.

more...

Submit "Sotheby's Contends Painting That Sold For $842,500 Is A Fake" to Google Submit "Sotheby's Contends Painting That Sold For $842,500 Is A Fake" to del.icio.us Submit "Sotheby's Contends Painting That Sold For $842,500 Is A Fake" to Digg Submit "Sotheby's Contends Painting That Sold For $842,500 Is A Fake" to reddit

Tags: sotheby Add / Edit Tags
Categories
Uncategorized

Comments