so this 71 year old dude tries to authenticate nearly 300 Picasso works (real) and then gets sued by the Picasso family for stealing stuff they didnt know existed until this week.
estimated value @ $78,000,000… that might be euros actually.
Depends on if he can explain how he obtained them. The family didn’t even seem to know they existed, so pending proof I think they are just trying to keep them off the open market.
If they were obtained legitly I don’t think he’d have needed authentication. I cant imagine 200+ works of valuable art being bought/sold on speculation. Plus his claim to have known the artist in his final years is suspect cause if they were given to him directly as a gift or whatever, he wouldn’t really need to have them verified. I hope he gets away with it though.
He would if he was planning on selling them. You can’t just drop a bunch of unknown works on the market without being authenticated if you want them to fetch any kind of money. You know, like 78 million worth.
Nah i think he could get 80% value without authentication.
Think of it as a rare car or Watch. The kind of guys that collect will know enough to authenticate the works themselves. And collectors are always looking for sitautions like this to scoop up. they’ll get a speculation discount and then go get them authenticated themselves afterwards or bring an expert with them.
There is a fantastic documentary on a watch broker in Europe that does this… flies all over looking at Rolex collections. Unofficial authentication is enough.
LoL I would if the family tried to screw me and the courts tried to take them from me. Boo yah how you like those apples?
Seriously though what if he befriend Picasso right before he died? Old people do crazy things all the time. What if Picasso said hey buddy you want all my old art shit? Yah sure Picasso I’ll take that junk. Now it is his word against Picasso’s family’s. How can you prove anything its all subjective and his word verse yours.
My wife’s old timer neighbor gave me an AWESOME boat engine for no reason. Its a super old school outboard probably worth a good buck. Something like this but blue and chrome. If the family sued me for it I wouldn’t have any proof except that I took him for a ride in my corvette and he gave me a boat engine. LoL
Did you even read the article? It clearly states when asked how he got the works he had no answer. You’d seriously BURN the works of a world renowned (deceased) artist? You don’t like art do you?
bing, there are a lot more forgeries in the art world, no way in hell he’d get 80%.
I think the family is going to win unfortunately. Art is cool and all, but so much snobby BS and politics surround it. Finders keepers, losers weepers in my opinion.