Wednesday, February 10, 2016

Art – the “Investment Asset” That's Easy to Fake

Can you tell a painting by Rothko, worth many millions, from a fake, one of the forged works sold by Kneoedler Gallery?

The second painting is the forgery, and it was good enough to fool the chairman of Sotheby's. Domenico De Sole and his wife paid over $8 million for the fraudulent asset in 2004. They just settled their suit against Knoedler's.

1 comment:

Jim Gust said...

The differences in these two "paintings" is far too subtle for my untrained eye. They are both pointless.

An illustration of the "greater fool" theory of investing in art.