At the heart of the Rybolovlev v Bouvier dispute is a thorny issue affecting the whole art market — the difference between acting as an agent and acting as a principal. That grey area needs clarifying right across the market.Graham Bowley, 'Prosecutor in Geneva Drops Criminal Inquiry in $2 Billion Art Dispute' NYT 17th September 2021. This is just one of the cases against the dealer involving alleged so-called 'over-invoicing', but it does suggest that the collector is really at the mercy of the moral standards of the dealers here....
Sunday, 19 September 2021
Dealers, Auction Houses and Responsibilities to Clients in the Antiquities Trade
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