A painting sold by Christie’s for $3 million as Boris Kustodiev’s Odalisque was recently identified as a fake. Odalisque, unfortunately, is just one of a large number of fakes infiltrating the Russian art market. James Butterwick, a Russian art dealer in London, told Bloomberg News, “Every month, I’m asked to look at 10 paintings, and nine are fakes. Many Russian collectors buy without asking competent experts. If a work is credible, then it has a provenance that can be easily checked out.” Thankfully, “The Catalog of Fraudulent Artworks,” a guide to 900 fakes, has been published by the Russian government. The fifth volume of the set, which contains 100 paintings, including Odalisque, was released last month.
For more information see Bloomberg’s recent article on the issue