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Home > News, Articles & Multimedia > Worth Points > Weekly News Roundup: January 11 to January 16

Weekly News Roundup: January 11 to January 16

by WorthPoint Staff (01/12/10).

In art, antiques and collectibles news, we find a couple of bad acts and a really good sculpture.

From The Independent UK:
Auction house porters accused of carrying out more than their jobs

They are known as Les Savoyards. For 150 years, men from the French Alps have worked carting precious cargo at the Drouot auction house in Paris. Eight of them were recently accused of spiriting away high-end items to sell on the side—diamonds, a Chagall, a Courbet. The president of the 158-year-old house said, “It is not because we have eight black sheep that all the flock is sick. We are also victims. These disgraceful thefts have nothing to do with Drouot.”

From The Los Angeles Times:
West Hollywood antiques dealer accused of selling fake Picasso for $2 million

In more miscreant news, the owner of Chateau Allegre has been accused of hiring someone to forge Picasso’s “La Femme Au Chapeau Blue.” The forger apparently was not aware that Tatiana Khan would try to pass off the pastel drawing as the real thing. Khan could be slammed with a 45-year prison term if convicted.

From CBC News:
Rare Giacometti sculpture on block for $19.8M

An almost six-foot bronze from Alberto Giacometti’s walking man series that was in a bank’s collection will be auctioned in London next month. Another bank, Chase Manhattan, commissioned the series as a public-works project.

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