Law, crime and regulation
Legal cases, stolen art, regulation and tax issues remain important part of the art and antiques sector.
This category ranges from the levy of the Artist’s Resale Right to controversies over fakes and forgeries.
Ban on rhino horn comes into force immediately
21 February 2011THE ban on selling rhino horn trophies, scheduled for introduction over the next couple of months, has been brought into force with immediate effect.
OFT acts against five scrap gold companies over ‘offers’
21 February 2011THE Office of Fair Trading has taken action against companies that offer to buy gold from consumers by post.
Bogus PayPal account scam sees shipped antiques disappear
14 February 2011A NEW scam involving a fake PayPal account has come to light after a dealer lost £1200 of stock to an ‘overseas buyer’ who never paid.
Police make arrest in fake Churchill investigation
14 February 2011OFFICERS from the Metropolitan Police Service’s Art and Antiques Unit have arrested a man in connection with the sale of fake Churchill memorabilia.
Australian trade launch fight against Resale Right
07 February 2011AUSTRALIAN dealers and auctioneers are joining forces to fight the current Artist’s Resale Right scheme introduced to the country seven months ago.
Burglary at Cotswolds centre
01 February 2011ANTIQUES including silver was stolen in a raid on a Cotswolds antiques centre in the early hours of Wednesday, January 19.
London or Birmingham – where is the export licensing unit now?
24 January 2011CONFUSION reigns over the Export Licensing Unit, whose proposed move to Birmingham from London in a bid to save money was delayed after protests from the London art market.
Hay appeal delayed again
24 January 2011ANTIQUITIES dealer Malcolm Hay must wait until February 18 for the appeal against his conviction for trafficking in illegally excavated artefacts to be heard in the Greek courts.
Warning over BACS and cheque scam
21 January 2011AUCTIONEERS and dealers should be wary of an absentee buyer who offers to pay by BACS and then have goods collected by taxi.
Benin ivory mask withdrawn from Sotheby's sale
04 January 2011Just days after Sotheby’s announced the sale of a 16th century ivory mask and five other works from the Kingdom of Benin, the auctioneers said they have been withdrawn.
Light installation is only a work of art when switched on, say European Commission
23 December 2010DO light, sound and video installations constitute works of art? Not according to the European Commission, who have unexpectedly reversed a decision made in a UK tax tribunal in 2008, and refused to classify works by established contemporary artists Dan Flavin (b.1933) and Bill Viola (b.1951) as “art”.
More Picasso problems in Paris
20 December 2010A SALE at the Hotel Drouot in Paris devoted to minor works by Picasso was called off at the last minute because of controversy over provenance.
Tiffany lose final appeal against eBay in the Supreme Court
06 December 2010THE U.S. Supreme Court in Washington has delivered a significant blow to Tiffany & Co’s bid to stop the sale of counterfeit jewellery on eBay.
Ruling gives warning to dealers not briefing clients on commissions
06 December 2010THE danger of taking commission on deals without the express knowledge of the vendor has been underlined by a High Court ruling. In it, a London dealer has been told that he was not entitled to keep a $1m commission he retained following the sale of a Leonardo da Vinci drawing in August 2007.
Dreweatts to offer John Hobbs’ stock ‘as seen’ in December auction
29 November 2010IN the week when dealer John Hobbs was due to meet his former restorer a London court, Dreweatts have announced they will be selling his stock at auction in December.
Definitions
29 November 2010Dealer facing four years in a Greek jail appeals over lack of evidence
22 November 2010It could be less than a month until the date is named when antiquities dealer Malcolm Hay will be extradited to serve a four-year jail sentence in Greece – on the strength of no credible evidence.
Amex alert as gang targets London fine art trade
22 November 2010DEALERS are being warned that they could be targeted by credit card fraud after a noticeable increase in cloned American Express cards.
Neptune buy back fake Lowry
15 November 2010YOU’D have thought he’d be glad to see the back of it. But duped art dealer David Smith of Neptune Fine Art has bought back the fake Lowry picture he originally purchased for £330,000.
Salerooms across UK hit by major credit card fraud
08 November 2010POLICE are appealing for help after a swathe of established regional salerooms were hit by a major credit card fraud last month. Victims are now recommending the adoption of a new protocol for regional auctioneers when conducting ‘cardholder not present’ credit card transactions.
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