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The Gray Market: Why Art Dealers Need to Focus on New Audiences or Risk Irrelevance (and Other Insights)

January 27, 2020

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‘He Had Lying, Scamming, and Stealing Down to a Fine Art’: Disgraced Dealer Timothy Sammons Is Sentenced to 4 to 12 Years in Prison

July 31, 2019

Marc Chagall, Reverie. Photo: Manhattan District Attorney's Office.

 

 

 

British art dealer Timothy Sammons was sentenced to four to twelve years in a New York state prison after pleading guilty earlier this month to grand larceny, a scheme to defraud, and numerous other criminal counts.

 

Sammons stole between $10 million and $30 million from victims in the US, UK, and New Zealand through the scheme, which involved multiple famous works of art including Buste de Femme by Pablo Picasso, Reverie by Marc Chagall, and Calanque de Canoubier (Pointe de Bamer) by Paul Signac, among others, according to the indictment.

 

“When brokering the sales of high-priced, one-of-a-kind paintings, Timothy Sammons had lying, scamming, and stealing down to a fine art,” D