NWR: NYTimes article about Art Auctions in China

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Tom In DC
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NWR: NYTimes article about Art Auctions in China

Post by Tom In DC »

An amazing article about fake art being auctioned in China - hopefully everyone can see it.

Some high points:
But art is also used in more elaborate bribery schemes. In some cases, an official will receive a work of art with instructions to put it up for auction; a businessman will use it as the currency for a bribe, purchasing the art at an inflated price and giving the official a tidy profit.
“I’ve seen 700 to 800 people in a painting workshop, with a clear division of labor, making the works of Qi Baishi,” says Zhang Jinfa, a professional arts authenticator based in Beijing.

A study last year by Artron, an art data company based in China, estimated that as many as 250,000 people in about 20 Chinese cities may be involved in producing and selling fakes. Visits to several of these cities in recent months documented that such production centers are thriving.
Makes fake wine seem like amateur hour.
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Nicklasss
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Re: NWR: NYTimes article about Art Auctions in China

Post by Nicklasss »

It seems that there is a hidden factory, that since a long time, is specialized in making fake 1989 Chateau Lynch Bages and fake 2002 Left Bank wines, made with beet juice and rice alcohol, for the New England wine lovers market...

Nic
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DavidG
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Re: NWR: NYTimes article about Art Auctions in China

Post by DavidG »

:lol: :lol: :lol:
Well done Nic!
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