Old Masters Academy

Posts Tagged "the Metropolitan Museum of Art"

Art Forgery. How to avoid becoming a victim of art fraud.

Art Forgery. How to avoid becoming a victim of art fraud.

Confronting the Issue of Fake Art (original version of a story I wrote for Mumbai Mirror, which was cut down to 400 words, but I will complain about that some other day) Buyer Beware How to avoid becoming a victim of art fraud by Amitabh Nanda The next time you’re approached about a fantastic investment in an Indian work of art, BEWARE, because it is more than possible that you are buying a fake. According to an alarming estimate made by Thomas Hoving, former director of the Metropolitan Museum of Art, up to 40% of all the works in circulation globally are really forgeries, and in the last few years, a massive number of fakes have seeped into the local art…

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