Caroline Ashleigh Appraisers & Auctioneers is an appraisal, auction, and consulting firm that provides services for private and corporate collectors, museums, galleries, law firms, insurance companies, and auction houses throughout the United States Our Distinguished Clients: Celebrity Clients: Diana, Princess of Wales Debby Reynolds American Actress Anna Moffo American Opera Singer Betty Buckley American Broadway Actress/Singer Nudie Cohn Celebrity Tailor Al Capone Estate - American Gangster James Dean Memorabilia Wynton Marsalis Jazz Musician Corporate Clients: Forbes Corporation Art Collection Kellogg Corporation Art Collection Dominos Corporation Art Collection Libby Glass Corporation Art and Glass Collection Fetzer Foundation Art, Antiques, and Sports Memorabilia Collection Kmart Corporation Art Collection Levi Strauss Corporation Dupont Museum Clients: Hollywood Motion Picture Museum - Los Angeles, C
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Several months ago the news media was abuzz with predictions that a flag--found at Little Bighorn after the massacre of General Custer and his men--may net up to $5,000,000 at auction. On December 10, 2010, Sotheby's auctioned the historic flag, which had been in the possession of the Detroit Museum of Art, now known as the Detroit Art Institute (DIA). While the flag didn't meet with the media's typically sensationalist projections, it did fetch $2,210,500 US (hammer price with buyer's premium), an amount not to be taken lightly for a flag that was purchased 115 years ago for $45. Related Stories Custer's Last Flag at Little Bighorn Sells for $2,210,500 m Custer's Last Flag at Little Bighorn - Will it fetch $5M?
I've recently read that high-profile celebrity collectors Steve Martin, Robert De Niro, and Steven Spielberg have been victims of art fraud. These are serious collectors of art that do their due diligence, yet have still been "had" by sophisticated art fraud schemes. A colleague of mine, Robert Wittman, founder of the FBI Art Crime Team, has likened it to the wild, wild west; the art world is unregulated and art fraud runs rampant. During his 20-year FBI career, Wittman has rescued stolen Rembrandts, Rodins, and Rockwells, and investigated several major art scams - most notable, the Antiques Roadshow television scandal hatched by con artist Russell Pritchard III. Wittman recounts the full Antiques Roadshow case in a chapter of his New York Times best-selling memoir Priceless , which came out in paperback this week. For more information, read the full post at the Caroline Ashleigh Auction blog .