A legal dispute has emerged over the ownership of high-value artworks by renowned artists Jean-Michel Basquiat and Andy Warhol, following a failed art-backed loan application. This multimillion-dollar case highlights the complexities of art ownership and valuation, as illustrated by various anecdotes, including one involving a guest on Antiques Roadshow who was astonished to discover the significant value of inherited paintings. The situation raises questions about the financial implications for individuals who own artworks they believe could yield substantial returns.
Antiques Roadshow guest 'genuinely gobsmacked' as she learns value of 'phenomenal' paintings she inherited that 'belong in a gallery' https://t.co/sRzjfsGU9V
Do you own an artwork that you suspect might provide a windfall? @hchuaeoan had those expectations. Here's the lesson he learned https://t.co/GU3K5sVoKz via @opinion
Do you own an artwork that you suspect might provide a windfall? @hchuaeoan had those expectations. Here's the lesson he learned https://t.co/hX7RQpdGdp