{"id":26448,"date":"2017-04-20T07:28:55","date_gmt":"2017-04-20T11:28:55","guid":{"rendered":"https:\/\/rehs.com\/blog\/?p=26448"},"modified":"2019-02-28T21:54:45","modified_gmt":"2019-03-01T02:54:45","slug":"the-artist-pension-trust-withdraws-18-lots-from-sothebys","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2017\/04\/the-artist-pension-trust-withdraws-18-lots-from-sothebys\/","title":{"rendered":"The Artist Pension Trust withdraws 18 lots from Sotheby&#8217;s"},"content":{"rendered":"<div style=\"width: 158px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/www.telegraph.co.uk\/luxury\/art\/problem-selling-contemporary-art-auction-artist-pension-trust\/\"><img decoding=\"async\" alt=\"Lot-57-Bob-and-Roberta-Smith-JASPER-JOHNS-IS-A-DINOSAUR-small_trans_NvBQzQNjv4Bq4W2C4mH7Qc4lVu697Z5zpFNolwCWAhKArKDkaGlY_D4-1\" class=\"\" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2017\/04\/Lot-57-Bob-and-Roberta-Smith-JASPER-JOHNS-IS-A-DINOSAUR-small_trans_NvBQzQNjv4Bq4W2C4mH7Qc4lVu697Z5zpFNolwCWAhKArKDkaGlY_D4-1.jpg\" width=\"148\" height=\"149\" \/><\/a><p class=\"wp-caption-text\">Bob and Roberta Smith<\/p><\/div>\n<p>The Artist Pension Trust (APT) was the brainchild of Moti Shniberg (back in 2004). \u00a0I like the general idea of the APT, letting the artist benefit from price increases.\u00a0 However, when it came time to sell some of the works\u00a0the artists and their dealers were not pleased with APT&#8217;s course of action. The trust planned\u00a0on selling a group of works at auction and before a very\u00a0recent sale in London, <em>18 lots estimated to sell for as much as \u00a3200,000 were withdrawn &#8230;\u00a0<\/em><\/p>\n<p>Source: <em><a href=\"http:\/\/www.telegraph.co.uk\/luxury\/art\/problem-selling-contemporary-art-auction-artist-pension-trust\/\" target=\"_blank\">The problem with selling contemporary art at auction: The Artist Pension Trust withdraws 18 lots from Sotheby&#8217;s<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Artist Pension Trust (APT) was the brainchild of Moti Shniberg (back in 2004). \u00a0I like the general idea of the APT, letting the artist benefit from price increases.\u00a0 However, when it came time to sell some of the works\u00a0the &hellip; <a href=\"https:\/\/rehs.com\/eng\/2017\/04\/the-artist-pension-trust-withdraws-18-lots-from-sothebys\/?contemporary=N\">More&#8230;<\/a><\/p>\n","protected":false},"author":5,"featured_media":26451,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,1],"tags":[207],"class_list":["post-26448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rehs-galleries","category-rehs-contemporary","tag-auction-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.8 (Yoast SEO v28.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The Artist Pension Trust withdraws 18 lots from Sotheby&#039;s - Rehs Galleries<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2017\/04\/the-artist-pension-trust-withdraws-18-lots-from-sothebys\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Artist Pension Trust withdraws 18 lots from Sotheby&#039;s\" \/>\n<meta property=\"og:description\" content=\"The Artist Pension Trust (APT) was the brainchild of Moti Shniberg (back in 2004). \u00a0I like the general idea of the APT, letting the artist benefit from price increases.\u00a0 However, when it came time to sell some of the works\u00a0the &hellip; 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