Andrew Salgado confronts concepts of identity face-on in his spectacular, large-scale works. The London-based Canadian artist is playful with media, effectively producing emotive, engaging images. We’re proud to have Andrew as part of the Tagsmart community!
It’s not often that you’ll find a world-renowned artist roaming the halls of an international art fair. But for Idris Khan, the experience can be enriching.
“Art fairs are necessarily not for artists,” says Khan, whose work combines painting, photography and sculpture.
“What it does is it opens art to the masses a lot more. Not everyone goes to museums, not everyone can go and buy in galleries, so I think it opens up people’s minds in a much more global way.”
The Ministry of Culture, Sports and Tourism announced Thursday that it will legislate a new law regarding artwork distribution in an effort to root out the distribution of counterfeit works, recover public trust in Korea’s art market, and establish a healthy trading platform for creative crafts. The law will be implemented in August 2017.
The new law will divide art distribution into three major categories: art galleries, which will be subject to a registration system; art auctions, to a permit system; and other sales of artworks, to a reporting system.
Currently, art galleries or art auction houses can operate with only a business license, and without official registration or approval, which led to criticism that they lacked transparency and engaged in unfair practices in their art distribution process.
With the new law, however, art galleries will have to submit plans to prevent counterfeit artworks as well as a list of all of their affiliate artists. Auction firms will also have to provide counterfeit prevention measures, while possessing certain qualifications including at least 200 million won in capital, an official auctioneer, and an auction house.
Furthermore, artwork distributors will be obliged to maintain records for each of their artworks, and issue an official warranty when they’re sold. Failure to do so will also be result in fines and cancelled business licenses.
The law will implement stronger punishment for counterfeit crimes as well, by stipulating that these types of crimes be punishable by up to five years in prison or 50 million won in fines. The ministry will also consider the potential implementation of special judicial police specific to artwork fraud.
Meanwhile, the ministry is to establish a national body for artwork authentication, which will function as the official agency responsible for developing new authentication technology and professionals in related fields.
“The institute will be operated not as a government agency but as a public one, and will help improve Korea’s art authentication technology, as well as aiding with crimes, investigations, and trials related to counterfeit artwork,” said Jung. “It will be staffed by professional researchers and appraisers.”
The full details of the law are to be revealed in the first half of 2017.
A Manhattan art gallery is being sued for selling inauthentic sculptures by the renowned art deco artist Demétre Chiparus. The cost? Over US$100,000.
Christopher Rouse claims Elliot Stevens gallery attempted to convince him that the statues were made using original molds which was acquired after the sculptor died in the luxurious Waldorf Astoria Hotel.
Rouse maintains to have been told that the statues were for sale at a 75% markdown because the gallery owners were retiring. In reality, however, the Romanian sculptor lived and died in Paris, and an expert witness at the trial in a Manhattan federal court testified that the statues were most likely Chinese-made forgeries copied from photographs.
The gallery denies that it mislead Rouse, insisting that his version of events are not true. According to documents, the gallery describes the artworks as having been “cast and carved from an original model by DH Chiparus.”
Elliot Stevens CEO Steven Shalom was scheduled to appear in court on Wednesday but was forced to postpone his testimony due to illness. Shalom will testify in October, when the trial continues.
Artist Lee Ufan will finally have a look at the paintings that the National Forensic Service confirmed as counterfeits of his works next Monday.
One of the largest art forgery cases in Korea seems to be nearing its end as a 66-year-old art forger surnamed Hyun, who allegedly created fake works of Lee Ufan, was arrested in May and has been put on trial. All 13 works seized by police from galleries accused of distributing the counterfeits were confirmed to be fake.