Friday, May 25, 2007

Picasso Lawsuit

The Atlanta Journal-Constitution had an article this week on a local dealer who is facing a $5 million lawsuit (and, apparently, some attention from the FBI) over a Picasso drawing the authenticity of which was rejected by the artist's daughter. It's a long story that all goes to "demonstrate how easy it is to be duped in the art world when contact is not face to face and how readily a dealer in need of money will pursue a proposition." The dealer says he's working on a memoir "about the high end of the art world, where people make statements and they have nothing to base them on."