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Report: #226493

Complaint Review: Park West Gallery - Southfield Michigan

  • Submitted:
  • Updated:
  • Reported By: Covington Louisiana
  • Park West Gallery 29469 Northwestern Southfield, Michigan U.S.A.

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I am loathe to write this if I am wrong, but I am deathly afraid I am not. I went on a cruise on November 4, 2006 for business. While on the cruise, I attended two art auctions for Park West at Sea. They had two Tarkay serigraphs I was interested in (I knew who Tarkay was before the cruise).

To make a long story short, I purchased one at auction. My problem is not with the Tarkay, it is with the two Chagall lithographs, which were grossly misrepresented by virtue of price asked. I believed that both Chagalls were hand signed and numbered, as I was told they were valued at approximately 3,600 and 4,700.

I asked about the artist and was satisified that if I chose to purchase, I was making a good, sound investment. I purchased two of them for between 2,200 and 2,700 each. I asked if I could see the appraisal before I bid and was told it would be sent to me after purchase. I figured they were a big company and couldn't misrepresent the value of the pieces.

After all, they had an excellent reputation. Boy, I am afraid I'm wrong. After I got home and was able to research some more (I wrote some experts and spent hours on the interent) I called Park West to ask them the number on each of my lithographs. They were signed and numbered, right?

WRONG! Not only were they not signed and numbered, I have come to find they are apparently from a book edition of 5,000 and can be bought for as little as a couple of hundred dollars. The most I have seen for a similar one, unsigned, through other retail galleries, is 700.00. The other lithograph (the expensive one) goes for as little as 3 or 4 hundred. I am absolutely sick over this.

We are talking about 6,000.00. Park West refuses to allow me a refund and are insisting I take a credit with their gallery. I don't want a credit with their gallery. I want two signed and numbered lithographs worth what I paid for them. If I can't have signed and numbered, then I want lithographs which are properly valued. I am furious. I purchased these for two reasons. One because I liked them; but more importantly for investment purposes.

I had another art expert tell me that I could purchase a whole book of Chagall lithographs from him for the price I paid for one. Meanwhile, Park West is working with me to find something I am satisified with, but frankly, I don't want to purchase anything from them after this debacle and their overinflated prices on these two lithographs. This situation has absolutely ruined the last month of my life and I have been having anxiety attacks for weeks now.

I am paying almost ten times what they are worth. If anyone has any advice, please please advise. I am sure I am comparing apples to apples. I refuse to sign Park West's form (giving me the credit) and I will not take delivery of the chagall lithographs. Has anyone else out there purchased any of the master works available? Please help.

Valerie
Covington, Louisiana
U.S.A.

This report was posted on Ripoff Report on 12/20/2006 02:15 PM and is a permanent record located here: https://www.ripoffreport.com/reports/park-west-gallery/southfield-michigan-48034/park-west-gallery-misrepresentation-overinflation-of-artwork-refusal-to-refund-money-pr-226493. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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