A painting can be genuine and still function like a stranded asset. That is the uncomfortable answer to the question, can a genuine painting be unsellable? In the upper tier of the art market, authenticity is necessary, but it is not sufficient. If a work cannot withstand scrutiny on attribution, provenance, condition, legal title, or market recognition, buyers may step back regardless of whether the object itself is original. This is where many owners make an expensive mista
The Reserve Price Dilemma: A Conflict of Interest in the Auction World In the high-stakes world of art auctions, reserve prices play a crucial role. They are the confidential minimum prices that sellers are willing to accept for their works of art. If bidding fails to reach the reserve, the piece goes unsold. While reserve prices protect sellers, they also create a potential conflict of interest for auction houses like Sotheby's and Christie's. Auction houses have a dual rol