Andy Warhol Estate Accused Of Defacing Authentic Warhol Artwork To Limit The Market
from the who-has-the-right-to-what-now? dept
Now, the article linked above only gives one side of the story, so perhaps there's more to it, but the woman claims that the Foundation purposely defaces the artwork and greatly lowers the value of it in order to create additional scarcity for the artwork which the Foundation itself owns (and sometimes sells for significant sums). Of course, that's a pretty extraordinary claim that probably requires additional proof. The woman suing says that the Foundation requires people to sign a form with an indemnity clause which would stop those who own the works from suing the Foundation.
The article also notes that "the board's stamp of approval is necessary for anyone in the world to sell a Warhol work," but that's the part that confuses me. Why? I know that, in the art world, it is important to be able to prove that a particular work is an original, so I'm guessing that's a part of it. But I don't see how the Foundation could totally bar a sale without the "stamp of approval" (or disapproval, as the case may be). But if it's true that the Foundation is purposely defacing (and disparaging) legitimate works owned by others, that seems like a particularly obnoxious way to represent Warhol -- though, given Warhol's oddities and history of putting his name on the paintings of others, perhaps it's just a modern version of a Warhol art project to insist that legitimate works are fakes.