The art market is riddled with fakes and forgeries. Yet in most countries, those trading in genuine masterpieces are left to their own devices when it comes to monitoring art sales – creating their own ways to flag problematic objects and verify the authenticity of others.
New art laws in Greece, however, suggest the country is taking the business of art legislation more seriously.
In-depth scrutiny can be extremely lucrative for sellers of art. A reputation for selling only the highest-quality art attracts both moneyed collectors and art investors, with competitive bidding driving prices into the stratosphere.
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