Okay, not necessarily an art scandal but it does illustrate the point where media hype helps influence direct the mainstream public's exposure to art and what to think about art's literal value.
Great article about the rut that contemporary art is in. This lack innovation has led to the art world bubble (overpriced mediocre works flooding the market). Wonder if and when the bubble will pop....
I reckon it was melted down pretty much straight away.
It can always be recast, so it's not lost forever, just the gold.
Going back even further.
Quote:
US authorities have returned a stolen coffin to Egypt, two years after it was acquired by the Metropolitan Museum of Art in New York City.
The 2,100-year-old coffin of a priest called Nedjemankh was featured in an exhibit housing artefacts from Egypt.
The stolen antique was sold to the museum by a global art trafficking network, which used fraudulent documents, officials said.
The gilded coffin was looted and smuggled out of Egypt in 2011.
"Thus far our investigation has determined that this coffin is just one of hundreds of antiquities stolen by the same multinational trafficking ring," Manhattan District Attorney Cyrus Vance said, quoted by Reuters news agency, at a repatriation ceremony in New York on Wednesday, adding that there could be more similar seizures.
The coffin, which dates back to the 1st Century BC, was bought by the prestigious museum for $4m (£3.2m) from a Parisian art dealer.
It was first shipped to Germany where it was restored before being transported to France.
The museum was given a forged 1971 Egyptian export licence, among other false documents, prosecutors told US local media.
Officials said the grand and ornate coffin had been buried in the country's Minya region for 2,000 years before it was stolen in 2011.
"This is not only for Egyptians but this is for our common human heritage," Egyptian Minister of Foreign Affairs Sameh Hassan Shoukry said, quoted by Reuters.
on a scale from 0 to 10, (10 being thebiggest heist), Its gotta be Sonderauftrag Linz, (filling Hitlers museum of Art with stolen art treasures from countries and individuals). Nothing comes close to this massive theft .
