Home » Entertainment » An art collector from Toledo allegedly tried to sell three counterfeit works by Goya, El Greco and Modigliani for 12.5 million euros – Toledo and Province News

An art collector from Toledo allegedly tried to sell three counterfeit works by Goya, El Greco and Modigliani for 12.5 million euros – Toledo and Province News

An art collector from Toledo allegedly tried to sell three counterfeit works by Goya, El Greco and Modigliani for 12.5 million euros – Toledo and Province News

The Historical Heritage group of the Generalitat Police has intervened in a precautionary manner three false works attributed to the painters Amedeo Modigliani, Domenikos Theotokópoulos El Greco and Francisco de Goya. Their owner was trying to market them, presumably for a value of 12,500,000 euros. He is a non-specialist art collector from the province of Toledo.

The collector had started selling his collections as if they were originals, with the collaboration of dealers who tried to sell the works through emails between collectors, in exchange for ten percent of the price. Modigliani’s painting was accompanied by documents that were allegedly forged to prove their authenticity with the intention of marketing them in Switzerland, Mexico and Germany for a value of 8,500,000 euros.

The Valencian Institute of Conservation, Restoration and Research (IVCR + I) has determined that this is not an original work by Modigliani but a fake painting in which the style and theme with an apocryphal signature has been copied.

The other paintings by El Greco, which were trying to sell for 2,500,000 euros, and Goya, on sale for 1,500,000 euros, also had allegedly false documentation to prove their originality and promote their commercialization. In this case, experts from the Sephardic Museum of Toledo and the Museo Nacional del Prado have issued technical reports that show that these are counterfeit works.

The operation has been carried out by the Police Unit Attached to the Generalitat and has had the collaboration of the historical heritage brigade of the National Police Corps and has allowed the three works to be removed from the black market. The facts have been sent to the Court of Instruction number 2 of Ocaña (Toledo) together with the allegedly false authentications and the pertinent scientific and physical studies of the intervened works of art.

The head of the Group of Historical Heritage of the Police of the Generalitat, Antonio López, warns that “the resale of forgeries is a persistent problem in the art market that worries police agencies, but also collectors, dealers of art and the families heirs of the artists, who see with how the illegal circuits of commerce increase ”.

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