Economy
Why authenticating art can get experts sued
HERE’S THE INTERESTING PART
Being an expert in historical paintings is a great way to get sued into oblivion. When foundations and authenticators declare a piece fake, the furious owners—who just lost their multi-million dollar meal ticket—sue them for destroying the artwork's market value. The legal threat is so severe that many prominent authentication boards have completely dissolved, allowing forgeries to flourish unchecked.
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