There is no "lemon law" in the art world, no requirement for dealers to take back artworks that don't perform -- that is, gain in value over time -- or that result in people laughing at your for having poor taste. Pay your money and take your chances. Still, there are consumer protection statutes that offer a measure of protection for those buying from, or selling through, art galleries and auction houses. For instance, the warranty of authenticity: An object has to be what the dealer says it is...
There is no "lemon law" in the art world, no requirement for dealers to take back artworks that don't perform -- that is, gain in value over time -- or that result in people laughing at your for having poor taste. Pay your money and take your chances. Still, there are consumer protection statutes that offer a measure of protection for those buying from, or selling through, art galleries and auction houses. For instance, the warranty of authenticity: An object has to be what the dealer says it is...
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