The article discusses rising prices for St Ives School artists led by Barbara Hepworth and Ben Nicholson, with note of price increases for Peter Lanyon, Roger Hilton, Patrick Heron, Alfred Wallis, and Christopher Wood; mentions Sotheby’s Seager sale in 2001 and several record prices.
The XV century icon of the Transfiguration, an ancient Russian icon, was returned to the lawful owner, the Rogozhskaya Old Believer community in Moscow. The icon had been stolen in 1957, exported abroad, and was later recovered and restored before being handed over by Russia’s Culture Minister to Metropolitan Alimpiy.
Esther Koplowitz is mentioned as the owner of the artworks; the article reports that the police recovered 7 of the 17 paintings stolen in August 2001 from her Madrid residence, including works by Goya and Juan Gris. The operation involved police from Colombia, Switzerland, and the United Kingdom, and also led to the recovery of 18 stolen statuettes; prior recoveries in June included works by Goya, Sorolla, and Gutiérrez Solana.
La policía española, con apoyo colombiano, recupera siete cuadros robados el 8 de agosto de 2001 de Esther Koplowitz. Las obras recuperadas son La caída del burro, de Goya; Guitarra sobre una silla, de Juan Gris; La casita de muñecas, de Foujita; Porto D'Anzio, de Francisco Pradilla; Claro de sol sobre nubes de primavera en la Sierra de Guadarrama, de Carlos Haes; Paisaje Marino, de Lucas Villamil; L'Avenue du bois de Bologne, de Loir Luigi; además de 18 figurillas de estética oriental. En junio anterior ya se habían recuperado diez obras y detenido a tres sospechosos, entre ellos Ángel Suárez, alias Casper, y Luis Miguel del Mazo. El valor estimado de La caída del Burro es de unos 12 millones de euros y Guitarra sobre una silla puede alcanzar los tres millones de euros.
The article discusses John Myatt, who was jailed for his role in a large-scale modern art fraud masterminded by John Drewe. It notes that Myatt is opening his first exhibition of genuine fakes in Warwick, with works that imitate renowned artists and include signed back labels and computer chips. The piece mentions the fraud’s scope, the false provenances at Tate Gallery and Victoria & Albert Museum, Drewe’s conviction, and the gallery show running in Warwick with prices from £200 to £3,500.