In 2011, the Andy Warhol Foundation for the Visual Arts dissolved its controversial authentication board after a string of legal challenges. Now the equivalent foundations for both Keith Haring and Jean-Michel Basquiat have cut their ties with the art market and will no longer authenticate works.
The Haring Foundation announced it would
disband its authentication board and redirect the funds toward its
education and HIV/AIDS-related programmes. The Foundation will
honour requests for review received before September 1, 2012 but
not requests submitted thereafter.
It is "exploring the development" of a
catalogue raisonné for the artist. The Authentication Committee
representing the estate of Basquiat also disbands this month. It
was announced earlier this year that the Committee, the recipient
of over 2000 works of art for consideration during its 18-year
existence, would no longer accept applications for approval after
As reported last week, the Warhol
Foundation, much criticised after spending $7m alone fighting a
lawsuit brought by Joe Simon-Whelan, owner of the 'double denied'
Warhol self-portrait, who accused the board of attempting to
monopolise demand for the artist's work, has struck an exclusive
deal with Christie's to sell its enormous holdings of works from
the artist's estate.