How Fake Is It?
31st October 2020
ZMan discusses some inconvenient truth.
An old expression in the collectibles world is that anything that has value will eventually be faked or stolen. Art is faked so often that certain types of art have lost all value, because no one can tell the fakes from the genuine items. It’s not just crooks trying to beat the rules of the game. The people responsible for policing the fraud are often the people perpetrating the fraud. The truth is, anything that does not have objective value, but relies on insiders, will be subject to fraud and theft.