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Report: #163276

Complaint Review: Park West Gallery - Southfield, Michigan

  • Submitted:
  • Updated:
  • Reported By: Beverly Hills California
  • Park West Gallery 29469 Northwestern Southfield,, Michigan U.S.A.
  • Phone: 800-521 9654
  • Web:
  • Category: Auctions

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I purchased several lithographs and cells from Park West Gallery as an investment whilst on a cruise ship traveling on a round trip from Miami, Florida in January 2001 spending over $10,000. I made this investment based on the authorship of the pieces and the announcements about the same and their Park West appraised values made during the auction on board that ship.

The appraisal and the artwork were sent to me on February 8, 2001 through the mail system. These pieces sat in storage until earlier this year, when I decided to pull them out and get them reappraised. Based on the new appraisals I have had, or have not had, due to the fact that no one wants to touch these, I have found that I was misled and lied to at the auction and in the appraisals. One is a Salvador Dali worth $13300, according to Park West Gallery, but paid a bit over $9100 for this piece. On seeking an updated appraisal recently I was shocked and disheartened to be advised that the pieces were questionable by several art dealers.

And received a letter from Sotheby's stating that the piece in question would not be suitable for sale at Sotheby's as this property would not reach our consignment minimum of $5000. Even if I pay the authenticator of the Dali, he will not give me his appraisal! Park West appraisal were misleading and incorrect and I have therefore been taken for a ride. They appraise their own work. I was induced to buy based on Park West's appraisal.

I spoke to Bill Smith on October 18th, and he was going to call me back but has not. That seems to be the thing with Mr. Smith! It's funny, on one piece I was told by the auctioneer, that the other 12 were in museums around the worldbut Bill Smith would not confirm that over the phone with me. Like the rest of you, I feel pretty stupid! I just want to return these pieces and get my money back! This amount does not include the interest that I have been paying. I say we start a class action suit. I am working to get a great story out to the public so that this can be stopped. Has anyone had any luck getting their money back? What do I need to do. Bill wont talk to me anymore :(

Joey
Beverly Hills, California
U.S.A.

This report was posted on Ripoff Report on 11/03/2005 08:37 PM and is a permanent record located here: https://www.ripoffreport.com/reports/park-west-gallery/southfield-michigan-48034/park-west-gallery-ripoff-fraudulent-appraisalquestionable-art-pieces-southfield-michigan-163276. 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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#1 Consumer Comment

get your money back from Park West Gallery

AUTHOR: Bill - (U.S.A.)

POSTED: Monday, November 28, 2005
Victims of Park West Gallery,

I have read all of the Rip Off Reports and it is sad to see this happening.

Everyone needs to write to every tv show DATELINE (20/20, 60 min, cnn, abc, fox, nbc, cbs), every newspaper (ny post, la times), radio station, art appraisal, congress, local police, fbi, FTC and send out mass e mails to everyone they know around the world. This has hurt the art industry and every artist is now paying for what PWG has done. GET THE WORD OUT!!!!! That will bring everyone together so that we as a team can fight this!
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