Gallery Art owner Kenneth Hendel holds on tightly to Picasso’s ‘Portrait de Marie-Therese’ at his gallery in Aventura on Wednesday, April 20, 2016. Hendel received a letter from a New York law firm saying that the Picasso in his gallery was stolen ten years ago from the Tisch family and they just noticed it was missing now. The gallery owner contends he bought the art from another dealer – paid $350,000 for it — and that he knows nothing about it being stolen.
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Find peace in mind knowing when you shop at GallArt.com that the artwork you purchase is genuine and always comes with a Certificate of Authenticity.
What Is a Certificate of Authenticity?
A Certificate of Authenticity is a bit like an artwork’s birth certificate, passport and quality guarantee all rolled into one.
Essentially, a COA is a document, created by the artist or someone who is an expert on the artist, which accompanies an artwork and contains all the information a collector could need to verify if the piece of art is genuine.
A Certificate of Authenticity (COA) provides a lot of concrete detail about a piece, but by existing for a particular piece, it says even more. An artwork that has a COA is one that is made by a professional practicing artist, not an amateur. It is a piece that has collectible value. The Certificate adds a tangible credibility to the work. It can help the work hold its value.
The COA is held to be an indirect promise of quality. Art pieces that have a COA have usually been made by an artist who cares about their work, its longevity and their collectors. The piece is likely to have been created from the best materials available, be designed to last and been created by an expert. Back to the concrete details, the Certificate will provide all the information on the medium(s) of the piece needed for conservation that might otherwise be lost forever.
Certificates protect the artist and the buyer by helping to prove that an artwork is original. Cheap copies sold without an artist’s knowledge or consent is unfortunately common. Without a COA attached, this situation makes it next to impossible for the buyer to be confident of the value of the piece or for the artist to maintain their credibility and their livelihood.
As an art collector, you really must only buy Fine Art pieces that are backed by a Certificate of Authenticity. This helps ensure that what you have bought at a premium is genuine and not counterfeit.
Andrew Shannon, the man who punched a hole through a Claude Monet painting worth $10 million in June 2012, has been sentenced to five years in prison, Metro reports.
The attack took place at the National Gallery of Ireland, in Dublin, where Shannon attacked a Monet painting, entitled Argenteuil Basin with a Single Sailboat (1874), and then shouted at the group of shocked gallery visitors who had witnessed the scene. The security guard who restrained Shannon shortly after found a can of paint stripper on the vandal.
In an attempt to diminish his responsibility, Shannon claimed at the Dublin Crown Court that he “felt faint” and fell into the painting. Yet, evidence suggests otherwise. The incident was recorded on the museum’s CCTV cameras, which show Shannon deliberately punching the artwork. After seeing the footage, the jury needed only 90 minutes of deliberation before finding him guilty.
Moreover, according to the Express, when police raided Shannon’s house in Dublin last April, they found 48 stolen items worth more than €100,000, including valuable artworks, books, and antiques. They were identified as having been stolen from Dublin, Belfast, and Yorkshire, some of them back in the 1980s and 1990s.
“Shannon was a big threat to society,” a source at the Dublin Crown Court told the Irish Mirror. “He has a corrupt perversion of the mind, [he is] a complete sociopath.”
The convicted criminal will not be allowed in any gallery for 15 months after his release.
Argenteuil Basin with a Single Sailboat is now back on display in the Dublin institution, after having been restored.
Former Jasper Johns assistant James Meyer, 52, has pleaded guilty to stealing the artist’s paintings from Johns’s Connecticut studio and selling them for a $3.4 million profit, reports Bloomberg News.
Meyer, who worked for Johns for more than 25 years, had been charged with a single count of transporting stolen property for stealing 22 of the artist’s works between September 2006 and February 2012. He sold the works to an unidentified gallery, claiming Johns had given him the canvases as gifts. The gallery went on to sell the paintings, which were actually unfinished pieces Johns had not authorized for sale, for $6.5 million.
In order to cover his tracks, Meyer gave each work a fake inventory number, and doctored up ledger pages from the artist’s studio, giving photos of the falsified documents to the gallery as evidence that the paintings came from the artist’s studio and had been gifted to Meyer. Those photos were then emailed to prospective buyers by the gallery. As a condition of the sales, Meyer required the artworks not to be publicly exhibited or resold for at least eight years.
The case appeared in Manhattan federal court before US District Judge Paul J. Oetken, and Meyer could have faced up to 10 years in jail. He has accepted a plea deal, and has agreed to non-binding federal sentencing guidelines that call for up to three years and 10 months in prison. Currently, Meyer is free on bail as he awaits his December 10 sentencing date. He has also agreed to forfeit more than $3.9 million, according to Courthouse News.
Another fraud case involving Johns and the operator of a foundry where he had sculptures made, Brian Ramnarine, also ended with a guilty plea. Ramnarine will be sentenced in September, according to the Guardian.