Thursday, January 12, 2012

Huff Post says Park West Gallery is the most overt example of alleged deception

by Theresa Franks, for Fine Art Registry®

Timing is everything! The article we published yesterday titled, Park West Gallery customer's desperate cry for help--how do we get our money back? is punctuated by an excellent article also published yesterday on the Huffington Post web site, titled  What Is an Original Print (and How Do Art Fairs Define Originality)?, authored by Daniel Grant. 

The article sheds brilliant light on the prolific abuse of multiples or "prints" in the art market. Many promoters of art shows, art fairs and the like are cracking down on those that sell multiples as "original" works of art when they are not. Here is a quote from the article which references Park West Gallery as the most "overt" offender. 
The most overt example of alleged deception has involved Park West Gallery of Southfield, Mich., which provides artwork that is auctioned on cruise ships (as part of their entertainment programming), and has been the object of a series of lawsuits for selling giclees that are described as original and "investment-grade" art with over-inflated valuations. Royal Caribbean, Celebrity, Norwegian, Carnival, Disney, Holland America, Regent and Oceania lines all hold on-board auctions that have netted Park West up to $300 million annually, selling works by such artists as Salvador Dali, Joan Miro, Pablo Picasso and Peter Max.
 Thank you for this insightful article, Huff Post. We couldn't agree more. 

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