Vasari Art Codex

article news schedule Jul 28, 2025 visibility 6 link 13 artists, 2 galleries

art worlds lifestyle competition art detective 2671494

The article examines the seductive and often corrupting influence of extreme wealth in the art world, detailing how high-end dealers, advisors, and collectors indulge in lavish lifestyles involving private jets, couture, and exclusive parties. It highlights recent scandals, including the imprisonment of art dealer Inigo Philbrick and advisor Lisa Schiff for defrauding clients, and a new legal battle between prominent art advisors Barbara Guggenheim and Abigail Asher, who accuse each other of misappropriating millions to fund luxury expenses.

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trending_up market schedule Oct 7, 2025 visibility 10 link 1 artist, 4 galleries

wade guyton artwork inigo philbricks flops at sothebys 1234755862

A Wade Guyton artwork (2007) that was forfeited by Inigo Philbrick's business partner Robert Newland failed to sell at Sotheby's New York in late March 2025, carrying an estimate of $200,000 to $300,000. The same piece had previously sold for $208,000 at a U.S. Marshals Service auction in Texas in August 2023, a steep decline from its $490,000 sale at Sotheby's in 2015. Another Guyton from the same forfeiture—a 2018 piece owned by Philbrick himself—sold for $215,100 at the Texas auction, representing a 65% drop from its 2018 Christie's Paris sale of €535,500 (about $625,000). The article also notes a curious discrepancy: the Texas auction catalog listed a Phillips auction house label on the 2007 Guyton, but Phillips does not appear in the work's provenance, and Philbrick was known to do business with Phillips.

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article news schedule Aug 22, 2025 visibility 6 link 1 artist, 3 galleries

inigo philbrick bbc documentary 1234749781

Inigo Philbrick, the disgraced art dealer who defrauded investors and dealers out of millions of dollars, appears on camera in a forthcoming BBC documentary titled "The Great Art Fraud." Philbrick was sentenced in 2022 to seven years in US prison for wire fraud and identity theft, ordered to forfeit $86 million and two paintings, and was released early in 2024. The two-part documentary, previewed by The Guardian, features Philbrick expressing remorse but also boasting about his past deals and ambition to return to the art trade. It explores his background—son of a former museum director and a Harvard-educated writer—his internship at White Cube, and his life with socialite Victoria Baker-Harber, with whom he hid in Vanuatu before FBI arrest.

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