Gotta Love Creative Accounting … Except When You Get Caught.
It was revealed today that art dealer Mary Boone pled guilty to falsifying her 2011 tax return to the tune of $1.6M! In 2011, Boone reported a business loss of over $52K when, in fact, there was a $3.7M profit. … More…
When Will Jho Low Go Away?
Jho Low’s antics have been hitting the airwaves and art world since 2014. Now, Malaysia has charged him with money laundering and is asking Interpol to help locate the “criminal”. You might wonder why we are covering this one? Well, … More…
19th Century European – Christie’s London
Let’s wrap up those July sales over in London… the last of the bunch was Christie’s 19th Century European and Orientalist Art on July 12th, and the results weren’t great… I could have told you that before I even looked … More…
More Victorian Art – Sotheby’s, London
Now that our show hattrick (oh wait, we do have one more next week) is over and we’re back in the gallery, it’s time to get back to some auction reviews… following Christie’s Victorian sale in early July, Sotheby’s took … More…
Watch Your Step – Danger At The Museum
We all know that artists want the viewer to connect with their work, but this work (and a viewer) went a bit too far. Anish Kapoor created an 8-foot hole titled Descent Into Limbo at the Serralves Foundation in Porto, Portugal. … More…
Chowaiki – The Fun Never Ends
Earlier this year, Ezra Chowaiki pleaded guilty to defrauding collectors and dealers to the tune of $16 million between 2015 and 2017. Chowaiki now faces up to 20 years in prison. On August 15th, The Art Collection Inc. filed a … More…
The Saga Continues – The Berkshire Museum
And just when we thought the Berkshire saga was over, we learn that one lawsuit is still trying. Last October, James and Kristin Hatt along with Elizabeth Weinberg sued the Berkshire Museum in an attempt to stop the sale of … More…
Adam & Eve – Still In Limbo
In 2007, Marei von Saher filed a suit claiming she is the rightful heir to a pair of life-size portraits of Adam and Eve by Lucas Cranach the Elder. According to von Saher, the works were forcibly purchased by the … More…
The Demolition … Man
Ai Weiwie has been documenting the demolition of his Bejing studio over the past 4 days on Instagram. His first post, exceeding 21,000 views, captures the first moments of the deconstruction, which Weiwei claims he had not been given any … More…
Comments on the Art Market – Volume 212
We are pleased to announce that Volume 212 of our Comments on the Art Market was just released. This month we cover our upcoming Nantucket and Baltimore shows, Stocks & Crypto, The Dark Side of the Art World, Really (other … More…