In Marchig v. Christie's, 11-461-cv (July 12, 2011)(summary order), a plaintiff consigned an artwork to Christie's in 1997 she thinks it was painted by Michelangelo's tutor. Christie's tells her it is a nineteenth-century German work. Christie's advises her to change the frame, then sell it. She ok's the sale, but says nothing about the frame. Christie's sells the painting in 1998 for $21,850. In 2009 Christie's tells her it is probably a work by Leonardo da Vinci. She sues in 2010, claiming the work is worth $150 million.
A short, informative and Solomonic opinion on the law of consignments, sales, and authentication claims.
Marchig v Christie's
Result: claim against the painting is time-barred, but the Second Circuit reversed and remanded, holding that the claim for the return of the frame was timely.
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Purchase Copyright Litigation Handbook 2010 by Raymond J. Dowd from West here
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