More than ever it’s buyer beware when art buyers look to the courts for remedies when they faces challenges ownership to art they purchased in good faith, discovery that work is inauthentic or the buyer believes they were duped into overpaying. Click hereto read more. This Artsy article confirms what we at Chartwell continually warn our clients about. To read Chartwell Bulletin click here.
Before purchasing art, do your homework, consult an independent advisor who knows the market and can provide guidance on value and consider the purchase of title insurance.