The price of bad provenance
October 11 2011
Picture: Christie's
A picture from Bernie Madoff's collection will be sold at Christie's in New York tomorrow. Brocklesby Betty, 1718, by John Wootton has an estimate of $70,000-100,000. In the first Madoff sale in June this year it had an estimate of $140,000-169,000. Strangely, this time it is being offered in a 19th Century European Paintings sale, which is hardly the right auction.
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