The ARTCHIVAL - Joe Simon vs. The Warhol Foundation

The ARTCHIVAL
« Joe Simon vs. The Warhol Foundation »

Welcome Guest. Please Login or Register.
May 22, 2013, 7:19pm

The ARTCHIVAL :: The Market :: Economics/Business of Art :: Joe Simon vs. The Warhol Foundation

Author

Topic: Joe Simon vs. The Warhol Foundation (Read 251 times)

khoi
Full Member

member is offline

[avatar]

Joined: Oct 2009
Gender: Male

Posts: 105
Location: Southern California
Karma: 12

Joe Simon vs. The Warhol Foundation
« Thread Started on Oct 24, 2010, 6:21pm »

Recommended reading: http://www.artinfo.com/news/story/36126/....authentication/

Huge "example of how money, power, and legal expertise can often dictate the course of lawsuits in the U.S. justice system."

It gives you an idea of how powerful The Warhol Foundation is and how a simple sanction by a committee on the authenticity of an artwork can affect millions in value.

Link to Post - Back to Top IP:

Logged

sleepboy
Administrator

member is offline

[avatar]

Joined: Mar 2008
Gender: Male

Posts: 11,687
Location: Southern Cal
Karma: 261

Re: Joe Simon vs. The Warhol Foundation
« Reply #1 on Oct 26, 2010, 8:33pm »

Man, after reading that, I don't trust these authentication organizations as much. Seems like politics has as much to do with what we really want to know - is the work done or endorsed by the artist.

Link to Post - Back to Top IP:

Logged

astrogirl
Full Member

member is offline

Joined: Dec 2009
Posts: 136
Karma: 11

Re: Joe Simon vs. The Warhol Foundation
« Reply #2 on Oct 26, 2010, 10:43pm »

Oct 26, 2010, 8:33pm, sleepboy wrote:

Man, after reading that, I don't trust these authentication organizations as much. Seems like politics has as much to do with what we really want to know - is the work done or endorsed by the artist.

I'm all for them authenticating work, where I think they're really f'ed up is when they actually stamp the art work in a red "DENIED" - just don't give them the authentication papers - why vandalize the owner's art work?

http://www.courthousenews.com/2010/01/19/23814.htm

Link to Post - Back to Top IP:

Logged

steveinca
Art God

member is offline

[avatar]

Joined: Apr 2008
Gender: Male

Posts: 719
Location: los angeles
Karma: 75

Re: Joe Simon vs. The Warhol Foundation
« Reply #3 on Oct 26, 2010, 10:45pm »

That's terrible. You'd think that one of the owners of the questionable Warhol portraits would foot the bill for the case. I'm sure one of the many owners of these pieces are extremely wealthy. The payoff, although risky, would be well worth the few million it would cost at most.

edit-how is there no organization/group/body to oversee the Warhol Foundation? That makes absolutely no sense. Their approval is the only legitimate way to authenticate a Warhol, and they own $500 million worth of Warhol artwork. Conflict of interest, anyone?

« Last Edit: Oct 26, 2010, 10:52pm by steveinca »

Link to Post - Back to Top IP:

Logged

Click Here To Make This Board Ad-Free