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BS: Flea Market Renoir Painting,,, Stolen???
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BS: Flea Market Renoir Painting,,, Stolen??? |
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Subject: BS: Flea Market Renoir Painting,,, Stolen??? From: Bobert Date: 28 Sep 12 - 09:15 AM By now, everyone has heard the story about a Renoir painting that was found and purchased for $7 at a flea market in West Virginia but... ....seems that the painting, "On the Shore of the Seine" was stolen from a museum back in 1951... Needless to say, the auction house, the Potomack Company, has cancelled the upcoming sale of the painting... Very strange story here... How did the painting end up at a flea market is at the top of my questions list... Stay tuned... B~ |
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Subject: RE: BS: Flea Market Renoir Painting,,, Stolen??? From: olddude Date: 28 Sep 12 - 10:51 AM I did it Bobster and I wondered what happened to it. My kids were cleaning the last time they came home. Musta took my Renoir to the flea market ... dang :-) |
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Subject: RE: BS: Flea Market Renoir Painting,,, Stolen??? From: EBarnacle Date: 28 Sep 12 - 11:54 AM I hope the buyer gets a reward from the museum for bringing it back to public view. Apparently the piece was not registered as stolen even though an insurance company had paid $2500 on the loss. There are sure to be lawsuits. |
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Subject: RE: BS: Flea Market Renoir Painting,,, Stolen??? From: Richard Bridge Date: 28 Sep 12 - 12:56 PM Does the market overt rule (an exception to nemo dat) apply in Wes Ginny? |
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Subject: RE: BS: Flea Market Renoir Painting,,, Stolen??? From: Bobert Date: 28 Sep 12 - 04:07 PM Actually, EBarn, the lady who bought it was trying to sell it at auction and make a couple hundred grand... It's when the auction house advertised it it was found to be stolen... The story is going to get more interesting as folks squabble over who owns it... The insurance company paid $2500 to the museum back in 1951 but the piece was on loan at the time??? The lawyers are licking their chops... B~ |
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Subject: RE: BS: Flea Market Renoir Painting,,, Stolen??? From: frogprince Date: 28 Sep 12 - 11:26 PM I'm trying to make sense of an insurance payment of just $2500. I know we're talking 60 years ago, but for a Renoir? |
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Subject: RE: BS: Flea Market Renoir Painting,,, Stolen??? From: GUEST,999 Date: 29 Sep 12 - 08:07 AM That went for 100 million, dollars, US. |
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Subject: RE: BS: Flea Market Renoir Painting,,, Stolen??? From: Bobert Date: 29 Sep 12 - 08:54 AM Well, f-prince, European held art was real cheap after WW II... My very first art teacher was in Europe back then working for the US Government and the Marshall Plan and was able to buy not only 2 Durer wood cut prints but an original Bosch oil painting... And he wasn't wealthy... Plus, this was way before all the super wealth that we see today... I kinda think the insurance company (or its heirs) have the strongest case... B~ |
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Subject: RE: BS: Flea Market Renoir Painting,,, Stolen??? From: Pete Jennings Date: 29 Sep 12 - 10:44 AM You sure about that, Bobs? Surely Renoir is in a different league to Durer and Bosch - both 15/16th century artists with, I would argue, limited appeal to a wide audience. Whilst European art was undoubtedly in the doldrums in 1930s and 1940s, especially after the European avant-garde decamped to England and the US, Renoir was still a pretty big name with work in major galleries including the Louvre. He would have been known in the US as well following the Armory show (NYC 1913)and the introduction to America of Modern art and the French Impressionists et al. Pete |
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Subject: RE: BS: Flea Market Renoir Painting,,, Stolen??? From: Bobert Date: 29 Sep 12 - 11:17 AM The point is that post war prices for art in Europe were severely depressed... I wasn't trying to compare Renoir to Bosch or Durer or vice versa... B~ |
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Subject: RE: BS: Flea Market Renoir Painting,,, Stolen??? From: Pete Jennings Date: 29 Sep 12 - 11:31 AM Yes I know, but frogprince still has a point. $2500 dollars in 1951 would equate to about $20k today and even in those days that wouldn't have been much in the USA for a Renoir. |
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Subject: RE: BS: Flea Market Renoir Painting,,, Stolen??? From: GUEST,leeneia Date: 29 Sep 12 - 11:01 PM Just because something is in the paper or on TV doesn't mean we have to believe it. I find it quite hard to believe that anybody bought that in a flea market for $7. I've been antiquing today, and no oil painting, no matter how bad, is that cheap. If it was still in a frame, the frame alone would be worth more than that. Now, suppose (just as a for instance) that somebody knew her grandfather had stolen a painting back in 1951, and after the grandfather dies, she wants to sell it. How will she explain where she got it? Hmm... "I know, I'll say I bought it in a flea market two years ago! Don't have a receipt, don't remember where exactly, don't want to reveal my name..." =========== We don't know for sure, of course, but I'd assign the flea market story a likelihood of about 7%. More importantly, we don't have to believe what's in the news; we can say "I'm reserving judgment on this till more info comes along." |
