Monday 30 July 2012

Ripping off the Collectors

Those who have access might like to tune in to "Ripping Off The Rich" on  CNBC (scheduled to run this Monday, July 30th at 8PM EST) about the high value of art and the rising epidemic of art crime facilitated by the unacceptable no-questions-asked manner in which the art market currently functions.

UPDATE 1.08.12

Jessica Joseph, 'Stolen Art And Collectibles Create A Billion-Dollar Black Market', CNBC Business Insider,August 1, 2012

"There are now 11 million millionaires in the world and growing, but there are only so many bottles of 1945 Mouton Rothschild that they’ve made,” said Frank. “So you have a growing number of buyers, a shrinking number of collectibles, prices are going to keep going up.”

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