This is a brief excerpt from the document you requested from IFAR’s Art Law & Cultural Property Database.
Case Summary
Nacht v. Sotheby’s Holdings Inc.
Nacht v. Sotheby’s Holdings, Inc., No. 100938-98, (N.Y. Sup. Ct. 1999).
Précis
At a Sotheby’s auction in November 1981, Eva Leclair Nacht purchased what was purported to be a Francis Picabia painting, completed in Paris circa 1930, for $23,815. Nacht received a five year warranty of
authenticity
The genuineness or truth of something; in art, the determination or judgment that a work is by the artist to whom it has been attributed.
authenticity for the painting from Sotheby’s. In 1996, a vice-president of Sotheby’s appraised the painting at $225,000. Shortly thereafter . . . .
Associated Legal Decision(s)
Associated Statutes and/or Legislation
Click here to subscribe to IFAR's Art Law & Cultural Property Database to access this and other documents about U.S. and international legislation and case law concerning the acquisition, authenticity, export, ownership, and copyright of art objects.