Is Sotheby’s Trading In Forgeries?

This year, Sotheby’s came within hours of auctioning off what it claimed was an authentic painting by the Russian artist Ivan Shishkin. The asking price was £700,000, a huge number, especially when it turned out that the painting was actually a forgery created on a £5,000 work by an obscure Dutchman. The backstage fallout from the near-auction has been swift and cutting. “Behind the scenes there are growing recriminations in the secretive world of Bond Street dealers. One accuses Sotheby’s, which dominates the market, of lack of competence.” Others are alleging that this is hardly the first time the auction house has been duped.