The Sale of Misattributed Artworks and Antiques at Auction

The Sale of Misattributed Artworks and Antiques at Auction

Anne L. Bandle

The glamour and mystery of the art auction, gathering interested buyers from across the globe, makes it one of the most fascinating marketplaces in existence. ‘Sleepers’, artworks or antiques that have been undervalued and mislabelled due to an expert’s oversight and consequently undersold, appear regularly. This fascinating new book provides the first extensive study of the phenomenon of sleepers through an in-depth analysis of the contractual relationships, liability and remedies that arise in the context of auction sales.

Chapter 9: Interim conclusion

Anne L. Bandle

Subjects: law - academic, arbitration and dispute resolution, commercial law, law of obligations, private international law, law -professional, commercial law


On balance, the analysis of the law and practice concerning the sale of sleepers at auction leads to three main conclusions. First, under the jurisdictions of Switzerland, England and the United States, the contractual relationships governing art auction sales are not clearly defined by the law and are subject to scholarly debate.

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