There have been numerous reports about cruise ships selling art at so called discount prices. Don't believe it.
I was the victim of one of these works. I was told that I was purchasing an original Salvidor Dali at below market retail value. This piece is from the purgatory collection from the private Albaretto collection.
When I arrived home I stared to do extensive research on this piece. To my horror I found out that this was not an original piece and that there were over 300 of these so called original works out there. I found the same work through two other gallery's at an average price that was 60 percent less that what I paid for the piece.
When I contacted the gallery, after providing them with the documentation of my claims, the gallery dismissed these as innacurate and accused these other gallerys of not knowing the market value. I my mind the market value is exactly that. The value a piece would bring on the open market. The gallery went on further to say that there overhead was much higher that these other gallery's and therefore the reason why there prices were so much higher. This is a far different story than I was told on the cruise ship. The huge below market value that the cruise ship stated was in fact inaccurate.
Bottom line, I paid way over retail for the piece !
Mark
Lake Orion, Michigan
U.S.A.