overview
experience
turnover
returns
creators
business
gatekeepers
curators
works
values
indexes
theft
insurance
finance
decay
deceit
to 1959
to 1984
to 2004
2005 -

related
Guides:
Economy
Capital &
Investment
Money
Taxation

related
Profiles:
Droit de
Suite
Dotcom
Bubble
Forgery
& Fraud
Repatriation
& Spoliation
Art
Investment
Funds
|
deceit
This page considers collectibles as commodities that may
be misrepresented or may be forged.
It covers -
In complements a more detailed discussion
of the forgery of antiquities, paintings by contemporary
and other masters, and other collectibles.
introduction
Demand
for the unique and 'imperishable' has, as discussed in
more detail elsewhere
on this site, also been addressed through deceit. Forgery
of antiquities, Old Master paintings, contemporary lithographs,
presidential letters, literary first editions and autographed
baseballs is one hazard in collecting - a hazard that
on occasion burns leading curatorial institutions.
Misrepresentation by dealers and experts of items is another
hazard, something that affects million dollar collectibles
rather than merely what you might encounter in your local
op shop.
crooks
Great art is rare (although as the following pages illustrate
recognition of greatness varies over time) and is often
valuable.
That fosters misrepresentation by dealers and other vendors,
with major auction houses and commercial galleries for
example being known to 'look on the bright side' in describing
works that range from tin toys to contemporary Australian
indigenous art. Endorsement by a dealer or exposure amid
red plush and faded gilt does not mean that an item is
what it is claimed to be. Buyer beware.
It fosters turning a blind eye to illegal exports or sale
of items with a problematical past (explored in the discussion
of spoliation and repatriation elsewhere
on this site).
It also fosters 'improvement' and outright faking
of the objects of a heart's desire - antiquities, religious
relics, rare books and manuscripts, oil paintings, lithographs,
coins, baseballs and even murderabilia.
next page (corporate
collecting)
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