Cherchez les Catalogues Raisonné
The success of the art market depends largely on confidence in the authenticity of artists’ works. Traditionally, a work in an artist’s “catalogue raisonné” has been key to confirming the authenticity, and thus value. To that point, a recent lawsuit filed in the U.S. District Court for the Southern District of New York (“S.D.N.Y.”) regarding a purported Jackson Pollock work underscores the importance of the catalogue raisonné in pre-purchase due diligence, and shows that omission from the catalogue could be potentially disastrous to the value of a work. See Lagrange v. Knoedler Gallery, LLC, 11-cv-8757 (S.D.N.Y.) (filed Dec. 1, 2011).
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Untitled by Michael Goldberg, 1986 Oil and pastel on paper 29.25 x 27.75 inches
Spannocchia – NY XV by Michael Goldberg, 1986 Oil on canvas 79 x 79 inches
Spannocchia – NY IV by Michael Goldberg , 1986 Oil on canvas 86.5 x 85.5 inches
Untitled by Michael Goldberg, 1951-2 Oil on canvas 57 x 50.25 inches