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Is the problem of fake art assuming a grave proportion?

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Is the problem of fake art assuming a grave proportion?

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Show me one thing in this world that is not fake. Even relationships are fake. Only 15 artists command the market. Think of the millions of artists who are trying to get a toehold. The top ones sell for Rs.10 million but the lesser-known ones barely manage Rs.10. The market here has no underbelly – people deal in cash and the concept of cataloguing is yet to catch on. Works are not authenticated and art still comes without provenance certificates and receipts. This allows room for art to be faked. However, the fake market is still miniscule. People in this country do not how to authenticate the art works that they buy. Moreover, many artists like to claim that their works have been faked – they are like charlatans, seeking easy publicity. Q: Is the art market reeling under the impact of the meltdown? A: The whole system may be going through a slump but art is holding out much better. People have sold rubbish during the boom, but the meltdown has distilled the market. Saleable art has a

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