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Parisot Claims last auctioned Modigliani is a fake

March 2012

EXTRACT:

The Modigliani Institut (Archives legales Amedeo Modigliani), located in Paris-Rome......... Claims that the recently auctioned work at Bonhams, London is a fake.

Thanks Edmea.
Parisot/Archives Legales say that last auctioned Modigliani in Bonhams is a fake
Il Giornale dell'Arte, n° 318, March 2012.

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We don’t own that Modigliani

FEBRUARY 2012

EXTRACT:

The news that the billionaire New York art dealers David Nahmad and his son Helly were being sued for the return of a 1918 work by Modigliani allegedly looted by the Nazis made it to the British and American tabloid press in November.

Now, in a legal twist, lawyers acting on behalf of the Nahmad family say that the case is unfounded because the Manhattan-based Helly Nahmad Gallery does not own the work.

In court papers, the Nahmads’ legal team says instead that an organisation called the International Art Center (IAC) possesses the piece and that “Helly Nahmad Gallery never owned the painting [which] is not in New York State… the plaintiff has sued the wrong defendant.” But lawyers for Philippe Maestracci, who is claiming Modigliani’s Seated Man with a Cane, contend that the “International Art Center is an offshore entity used by the Nahmad defendants as an instrumentality to hold their interests in works, around 90% of which are held in an art storage facility at the free port of Geneva.

” They add that the art centre’s holdings are estimated at between $3bn and $4bn.

Nahmads say the contested painting, Seated Man with a Cane, 1918, belongs to another organization.
The Art Newspaper, 02.2012

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Auction

BONHAMS

Jeune fille aux cheveux noirs
circa 1918-1919
Oil on canvas
65 x 49.4 cm

Bonhams / London 7-Feb-2012 Sale 19954 -Lot 10 -
Estimate: US$ 1,100,000 - 1,600,000

This work will be included in the forthcoming Modigliani Catalogue raisonné de l'oeuvre peint being prepared by Monsieur Marc Restellini under the sponsorship of the Wildenstein Institute.

Sold for 1,311,871. USD inclusive Buyer's Premium
Real auction price (no buyer's premium): 1,112,749 USD

This means it didn't not even got estimated high price (only one bid), a similar work (in size) in Ceroni gets minimum 5 millions.

The market has "amortized" or "devaluated" his opinion as Modigliani expert ( probably the future of his catalogue is none...)

So with this in mind we must assume that the option of seeing Restellini as the main possible heir of Ceroni is now impossible...

The final result is "The market don't trust him", Evil comments I have received say that the buyer is part of its support group in the Wildenstein net in a desperate try to avoid a bought-in result. I prefer to remain naive and do not give them credit.

Using one of his metaphorical titles given to Modigliani, he was like "a meteor" (unfortunately now bordering pre crash in Siberia).


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Auction- Modigliani

FEBRUARY 2012

bABUINO CASA D'ASTE, ROMA, FEBRUARY 21-22-23

Ritratto di Albertina Olfer, 1904
Olio su tavoletta, cm. 19 x 24
Firmato e situato Venezia, al retro

Il dipinto riporta al retro una etichetta con la seguente iscrizione:
'Eseguito a Venezia nel 1904, autenticato dal pittore Gino Romiti in quell'epoca compagno di lavoro di Modigliani, pubblicato su giornali e riviste fra cui l'autorevole 'XIX Sieclè' di Gualtiero di San Lazzaro'

PROVENIENZA
Collezione Carlo Cardazzo, Milano
Galleria del Naviglio, Milano (timbro al retro)
Collezione privata, Roma

PUBBLICAZIONI: Nello Ponente e Palma Bucarelli a cura di, Modigliani. Ed. Editalia 1959, pag. 37, fig. 3

ESPOSIZIONI: Amedeo Modigliani, Kunsthalle Berna, 1955, n. 0779 (etichetta al retro), Amedeo Modigliani. Palazzo Reale, Milano, dicembre 1958, cat. mostra, a cura di F. Russoli, fig. n. 2 (etichetta al retro), A, Modigliani, Soprintendenza alla Galleria Nazionale d'Arte Moderna, Milano 1959

CONDIZIONI DEL DIPINTO: Lieve scheggiatura della tavoletta all'angolo in alto a sinistra. Accumuli di grasso sulla superficie pittorica. Il dipinto è in buono stato di conservazione.

Autentica su foto Archives Legales A. Modigliani, Paris - Rome

L'opera è notificata dalla Soprintendenza alla Galleria nazionale d'arte moderna e contemporanea di Roma

ESTIMATED: € 150000-200000 (UNKNOWN RESULT)

 


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Pushkin Museum accused of displaying a fake

NOVEMBER 2011

EXTRACT:

The allegations come from a Russian collector that considered buying the picture in 2006 for $3m, but first made scientific testing at the Swiss Institute for Art Research.

“the evaluation from the swiss institute indicated that some of the pigments used in this painting were synthetic, produced after 1940” (modi died in 1920...)
Says he is “revolted” to see the work hanging in the Pushkin as a genuine Modigliani.
Christian Parisot, the president of the Modigliani Institute in Rome, denies all of the allegations...

Curious to see that Vladimir Goriainov, "Conservatore Museo Pushkin" is in his actual "Comitato Scientifico"???
Pushkin Museum accused of displaying a fake Growing concerns over authenticity of the Marevna portrait...
The Art Newspaper, 11.10.2011

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News on Wildenstein's the sponsors of MARC Restellinii

many dates

Prominent French Families Battle Over a Missing Monet
The New York Times March, 2012.
The state complaint against Guy Wildenstein. Possible "abuse of trust" police raided the office of Guy Wildenstein. Le Poin 10.06.2011
Ignorance Is Defense in a Case of Lost Art
The New York Times 07.20.2011.
Megadealer Guy Wildenstein Formally Charged With Harboring Stolen Artworks and Nazi Loot, By ARTINFO France 07.08.2011.
Guy Wildenstein indicted for the misuse of trust
Le Monde, 07.07.11

Billionaire dealer accused of fraud over missing art
The Independent, 07.08.2011

The Evilest Art Dealers in the World?: A Digest of the Wildenstein Allegations
ARTINFO, 04.21.2011
The case of true-false Monet, Revelations. The Wildenstein are believed to have "cleared" a Monet. The Point, 05.05.2011
Venerable Art Dealer Is Enmeshed in Lawsuits
The New York times, 04.19.2011
Wildenstein Faces Criminal Charge Over Trove of Artworks
The New York Times, 07.08.2011.
Dark story about a Monet - The battle lasted seventeen years between Wildenstein and P.Howard-Johnston. Le Point, 01.02.2011.
Did Art Dealer Guy Wildenstein Gather a Multimillion-Dollar Cache of Stolen Art?, By
ARTINFO, 02.04.2011.
Guy Wildenstein, An Art Dealer In Turmoil
Arcadia art magazine, 05.16.2011.

Guy Wildenstein, elected UMP, indicted for possession of art works
Le Parisien, 06.07.2011.
EXCLUSIVE - Thirty pieces "missing or stolen" were seized at the Wildenstein Institute,
Le Point, 01.02.2011
EXCLUSIVE - Case Wildenstein, the stepdaughter complaint
Le Point, 15.02.2011

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Elizabeth Taylor Modigliani

OCTOBER 2011

EXTRACT:


A Modigliani or Modigliani look-alike that also graced the walls of her home is not appearing in a Christie's sale because it has not been authenticated.

Marc Porter, chairman of Christie's Americas, will not go so far as to call the painting a fake.

The field of Modigliani attributions is hotly contested, he says, while a new catalogue raisonné is in the work.

But selling Taylor's painting is clearly a risk that Christie's wasn't willing to take.

Christies Informs on a Modigliani in Liz Taylor´s Collection but decides not to auction it, because of the lack of trust in any expert... Los Angeles Times, 10.04.2011

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war criminal triying to sell a ¿Modigliani?

JULY 2011

EXTRACT:

Officials traced an unexpected link between Hadzic and the more savory world of fine art.
The mystery behind the Modigliani work -- and how it came to feature in the arrest of one of the world’s most wanted men -- is now the primary focus of a team of Serbian investigators and a number of international art experts....
According to a Reuters report from September 2007, “Portrait of a Man” had been unknown to the art world before it surfaced in the Balkan country.
The report said the painting was owned by an unnamed Serbian collector and quotes Christian Parisot, the president of the Modigliani Institute, as saying that after a 17-year verification process, the painting had been deemed authentic.
The portrait could have been stolen but not reported to the Art Loss Register,
it could have been in the possession of its undetermined,
but rightful owner all along, or it could be a fake.
Even after Goran Hadzic’s modern art mystery is solved, there may be more in store.

Goran Hadzic’s Modern Art Mystery
Radio Free Europe, Radio Liberty- 07.21.2011
Is an Accused Serbian War Criminal Shopping Around a Modigliani?
Artinfo, 01.03.2011.
Hadzic tried to sell a painting by Italian painter Amedeo Modigliani.
Focus Information agency, 07.20.2011.
Serbia: Hadzic wanted to sell Modigliani work for cash
Blitz quotidiano, 07.20.2011.
A painting by Modigliani linked to the capture of Hadzic.
Diario El Mundo, 07.20.2011.
Serbia: Hadzic wanted to sell Modigliani work for cash
Blitz quotidiano, 07.20.2011.

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Incredible discovery, a Modigliani in Serbian Collection

AUGUST 2007

Experts report discovery of new painting by Modigliani
The Associated Press, 09.25.2007.
Unknown Modigliani painting surfaces in Serbia
Reuters, 09.25.2007.

 

 

 


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