@@eamonnbeahan5611 I worked at GVA Airport for a while some years back. We had a Fine Arts freight packaging and transport service and needless to say that the prices for handling and moving wooden cases were ludicrous. This place is so expensive that my director at the time decided to keep a prestigious painting ON his desk in the Airport rather than store it a few days before sending it off somewhere. He told me the day it left. He got fired a few months later because the top circles of the company got wind of it ! The company this guy created, bought the company I worked for specialising in high value freight (and security).
This is incredible. That storage facility has hundreds of pieces of possibly stolen art. That's why there's no real accounting; it's to keep people away so no one questions what's really inside that facility.
Yeh it seems it's a great money laundering tool... I know the gallery system for living artists at the highest level is capitalism at its most corrupt and ruthless worst. Market manipulation, artist exploitation... etc
Well... what did you expect? Safeguarding criminal's asses and assets has been Switzerland's job for 500 years now. That's why they are neutral. The criminals in power will never touch the place where their precious assets are.
You are not totally wrong! In fact la Belle Époque in Paris, between the two big wars, was awash with money laundered through art. Suddenly, the art pieces (specially) paintings reached enormous prices and many small art movements like dada became all the rage!
So incredibly depressing that these works of art are hidden away in places like this, seen as framed money instead of something beautiful to be seen and enjoyed.
no, no. The theft must be in the distant past. They will not allow thugs who do hands-on crime with guns, ladders and crobars now. If you steal ten billion dollars with sophisticated methods, that is okay. If you steal one million or ten millions with crude methods and violence, you are not welcome.
Agree you ask a price if you don't want to pay it then don't buy. It would not surprise me if he sold those works of art he would more than likely make a profit.
@Bainsworth was he, really? From what we know they know each other for short time. I would call friend in trust someone whom I know for many years. For me it was just a biz transaction between two of them. Russian billionaire was surprisingly naive to trust him. How he became a billionaire with this metality is the biggest surprise for me.
@Bainsworth The Russian is getting fleeced. First by his art dealer, then by some lawyer who convinced him he has a legal leg to stand on, which he probably doesn't. Poor guy, all he wanted to do was launder some rubles.
I feel terrible for this art dealer - he's had FIFTY bank accounts closed down , life must be so hard for him , he can obviously barely survive , we must do something to help these poor people
At some point the art world has got to either collapse or top off. These ridiculous prices are so out of hand. No you don’t want great works discounted to such low levels, the pieces would be lost, destroyed, etc forever. But there has to be an even ground somewhere. IMHO, governments need to only collect tax one time on a piece of art....or anything for that fact. It’s ludicrous for any country to keep profiting off of gift tax or sales tax on the same item. This is the main reason, Freeport’s exist. From there out and out theft is the second reason. I would not want to own art I could not enjoy or look at.
mark lewis how to make money?! Get something for nothing and sell it to some unsuspecting idiot for millions, not too much, just under a billion. 👍🏻, and put the money in a trust account -- whatever that is -- in an off-shore haven -- whatever that is -- and hang out with your fat friends drinking green tea. What a life?! Cover me, I'm going in.
Ah, the irony of a Russian oligarch suing an art dealer for excessive profiteering. I personally wish all great works of art were in museums or other venues accessible to everyone.
I don’t mind ppl owning art, but as you say what good does it do if no one ever sees it? How will new great artists be inspired if it’s all locked up in a “storage facility “ ?😕
Pick some other inspirational , living perhaps ! , artists. Then this bunch of dark hearted theives would lose credibility and money too !? Just an idea from a skilled portrait artist in Wales !
@@ms.christian7792 Not really. At Art Basel you see thousands of works of art which museums would love to buy and exhibit, but they do not have the money to do it. Museums also lack the secrecy and infrastructure. Museums acquire or get loaned what they can, and put it on display, their job is to show to the public what they can.
Maybe Portrait of a Young Man by Raphael is in Geneva freeport. During the Second World War the painting was stolen by Germans from Poland. Many historians regard it as the most important painting missing since World War II.It is suggested that, if found, the painting would be worth in excess of 100 million US dollars
The billionaire chisels. If the dealer buys for himself and then offers to the collector, there is no fiduciary duty to the collector. The dealer takes the risk of buying and had the risk that he must stand behind the work for authenticity. The collector could have paid for an agent if he wanted to take those risks for himself. And, if chosen, his agent might not have the same access to art works
This is fascinating and disturbing at the same time. Very well done. The greed is saddening. I may just scrape by each day, but I sleep well each night. I feel sorry for how shallow these people are; it must be stressful.
Certain dealers are claiming 50% of art sold at actions could be fakes. A situation that is no doubt somewhat caused by the clandestine practices of supper wealthy collectors.
modern art is a vehicle designed specifically to launder money. Many art owners don't know squat about art, what matters to them is the resale value and the bragging rights when their guests see famous paintings hanging on their walls.
Art ! Some of it so breathtakingly beautiful. But what a high price to pay for that beauty. And the art of body language says that some look worried and scared.
Watching this, I start to feel some empathy with the forgers who fake the work of great artists and sell the fakes for fabulous sums to super-rich crooks.
Why on earth would you knowingly but a fake, when it could be exposed by an expert (which it usually is, whenever you try to sell it on, as buyers always get an expert to check it's authenticity). It's these 'artists' that are the crooks, who can't make s living selling their own work, so they just fake other artist's work- for money! The buyers are victims!
I cannot finds words to say how wrong this is, ART is not about this or shouldn't be. There was a time when artists considered amongst the most valuable today, were Simply considered as artisan decorators. None of these 'owners' actually love art, know about art, Simply it's so called Worth. To treat art like this morally lowers the owners although they in some twisted way think that it raises them. They are wrong.
I am a fine artist painter. I consider myself an artisan decorator. It is a trade, like laying brick or setting pipe. We are manufacturers of moral and cultural packets, which are stored and displayed on viewers walls. They are built with precise materials and in the correct order to last many centuries without needing restoration. Living on a wall also helps, as it is out of the way of the drunk. Their value, is their proximity to living people and their affect on those people's souls. Stored in a dark swiss storage complex is the same as in the bottom of a shaft in Pompeii.
I can't find words to say how stupid you must be. Since when do art owners have to love art or know anything about it and who says that morals have to be considered with materialistic possessions? You are just so stupid.
@@Splatterpunk_OldNewYork I would say a graphic artist is like a trade person. I am an artist as well, I definitely don’t consider it a blue collar job.
People with aspiration complex need to understand that happiness remains relative. Richer or poorer, people are on average the same, they just worry about different things. But being rich doesn't make you happy. There's plenty on research on the topic and the happiness indexes of different countries on the world are very revealing. Make the best of wherever you are and above all, make love & friendship your priority 👍
When seeing the letters ' s.a.' on that building, it told me how this whole thing was going. Those letters are an abbreviation for the term "anonymous society". Business conducted in countries with this s.a. mark denotes that most, if not all, transactions are a private matter between those concerned and are usually secret in nature.
I live in Delaware which is corporation heaven and plenty of folks have hidden behind corporations mainly because the owners of said corporations did not legally have to be publicly named until just recently for transparency purposes of course. Here’s an interesting fact on Delaware and corporations - there are more corporations incorporated in Delaware than the actual population of Delaware. Actually, 66% of Fortunate 500 companies are incorporated here.
it's called hoarding. Imagine how many of these works could be shown to the world, how many lives could be changed by exhibiting to the public. It's so sad that so many rich people do this. They will never understand Art or the human experience without the concept of ownership and commodity
@@jonathangoldrick8279 “hoarding” implies what they’re doing is wrong. It isn’t. It’ll end when governments stop stealing an individual’s wealth with taxes.
The so called stolen painting titled "Portrait of a Man" could be another painting. The painting in question, that was displayed, had the name of the painting on the label on the back of the painting/frame, and it was not Portrait of a Man, it was however "Portrait of M. X". Modigliani did many other portraits of men, so the detectives claim is far from proof that this is the painting he is trying to recover.
En el mundo del arte a estos niveles prima la especulación y la sugestión, de ahí lo exorbitante de los precios, y uno se pregunta realmente valen tanto ,,,gracias por subir el video
I can’t understand what is the pleasure to keep paintings in secret for decades? This people have moneys, have a luxorious life and they are happy to have something value somewhere hidden!
Art not shared is art lost. At the very least a catalog or coffee table book series made affordable so the world can at least see them. Otherwise, what's the point? Stored away, not even the owners get to enjoy them... human life is so short,...
Ars longa, vita brevis. Money in the millions is similar to pesticide to organic food destroys the purity & goodness of art. That very pesticide should be sprayed on those snooty lot, with their highfalutin opions they're nothing but protentious sycophants.
Very interesting documentary. Bouvier is the poster child of all that is wrong with the art world. So for him to be this open and cooperative does make me think about why is he doing this. Or if the documentary was funded by him?
Socalled "free ports" exists because they are condoned by governments. Governments control the legislative process and thereby the regulatory framework that makes "free ports" a viable option. "Free ports"......"free" from what? If governments allow "free ports" in their teritory, governments are part of the problem, not part of the solution.
The waste. Art is meant to be seen and appreciated. Even if it is one wealthy person who looks at it in their home. To think that the "owners" of these priceless works of art don't truly enjoy their possessions, but keep them locked away in a storage facility, is just pathetic. But it's all about the money to them.
only 2min in: there’s something disappointing about things like wine and art that could be enjoyed but instead is sitting in some crate. it’s like the billionaire version of buying a toy and not opening it
Why am I am thinking of the greatest art heist in history, the Isabella Stuart Gardner Museum job in Boston? One of the stolen works was Rembrandt's " Storm On the Sea of Galilee. " Another was a Vermeer. Why do I think this guy has both of them? The Swiss lead the world in tax evasion, money laundering and fencing stolen goods, that's why. I'm from Boston and I want those paintings returned to Boston, "toute suite" . That's a little french lingo.
James Bond It’s “toute DE suite”. And PS, nobody cares who you are, where you’re from, and what you want. You’re not a power broker in this world of art. If you were, you wouldn’t waste your time on YT - you’d be in Switzerland, London, New York, Paris, or Tokyo, stressing over how to spend your millions to make more millions
Really DON'T have enough room here to speak honestly about this. Value? Ownership? Currency value? Politics? Importance of the work? Safety of the work? Very, very complicated. There are so many things that I wish was part of MY life . . . but the people I live with are extremely difficult . . . vandals . . . hate . . . speculators. . .goes on and on.
Picasso did so many drawings, it was possible to buy one for just 100£! But after he died, there were more and more keep being discovered but honestly, they could've been done by anyone.
Whats the value at the time of purchase? If he git a deal, a fair market value minus buddy deal .20% ... So if he paid 1 million you also shouldnt pay just under market?
This Painting has Stettiner's name on it with the price..he was a Dealer..it was for sale..what does that tell you. It was most likely sold. Its not like it was hanging on the wall of a Doctors home and walla ! Even that that may have been sold. We knew an old lady who was a professional Classical Piano Player in New York City in the 90's she was Greek I don't know where in Europe they lived. She remembers the family's Bechenstein Piano being rolled out of the house..the father had traded it to get food for the family. Hardships of War.
OMGosh, she touched the marble with her bare hand!! shows what they DON'T know... you NEVER EVER touch marble... it imparts the oil of your skin which yellows it... Ugh. They don't know THAT much.
that's funny. Art reeeeealy shows what's going on inside the painter. Most of the impressionists and after are a bit... well, a bit... self centered? it's okay, I mean to each his own... but 'why' of what they paint is certainly interesting.
the Russian billionaire stole all his money from the Russian people anyway... but he's just a thief, (a good thief), not a negotiator. He paid way too much for the art works.
I know a famous actor who had bought some art for his home. I once said, it's not even your taste, he laughed and said, doesn't matter, now that I've owned it, it's worth more. (he was advised and he took it)
Daniel Kovács True, I think it's funny. Talk about buyer's remorse. If you spent 50 million dollars on a board with three stripes of color and then regretted it. It reminds me of when Jack from Jack and the Bean Stalk brought back magic beans.
-"How much for the Chagall?" -"I can't tell you that" She knows he is no billionaire that will bring prestige to their gallery. Therefore, even if he does have the money, she will say it's not for sale. The price also varies depending on the buyer.
Breaking into this place would make a really good heist movie.
Not sure if you are joking... But in case you're not, the film 'Tenet' by Christopher Nolan features such a heist.
@@eamonnbeahan5611 I worked at GVA Airport for a while some years back.
We had a Fine Arts freight packaging and transport service and needless to say that the prices for handling and moving wooden cases were ludicrous.
This place is so expensive that my director at the time decided to keep a prestigious painting ON his desk in the Airport rather than store it a few days before sending it off somewhere.
He told me the day it left.
He got fired a few months later because the top circles of the company got wind of it !
The company this guy created, bought the company I worked for specialising in high value freight (and security).
They should cast a list actors. It would be a hit!
>>>>>>>>>>>> IDIOT !!!!!!!!!!!!!!!!!!!!!!!!!!
I'd be up for helping out with the heist. Who wants to join me? 🤑
This is incredible. That storage facility has hundreds of pieces of possibly stolen art. That's why there's no real accounting; it's to keep people away so no one questions what's really inside that facility.
fascinating and disturbing at the same time
The model that runs Swiss economy.
Yeh it seems it's a great money laundering tool... I know the gallery system for living artists at the highest level is capitalism at its most corrupt and ruthless worst. Market manipulation, artist exploitation... etc
Naziz Descendants
@@OptimisticSatellite-zn1yn What are you talking about? The Nahmad brothers are Jewish!!
Well... what did you expect? Safeguarding criminal's asses and assets has been Switzerland's job for 500 years now. That's why they are neutral. The criminals in power will never touch the place where their precious assets are.
That's... annoying, but really clever.
Whenever I hear or think about money laundering and tax evasion, art market comes to mind first
Really? Mine goes to mattress dealers.
Yeah, the way to move enormous amounts of money around legally and avoid tax, that's what I think; a scam!
You are not totally wrong! In fact la Belle Époque in Paris, between the two big wars, was awash with money laundered through art. Suddenly, the art pieces (specially) paintings reached enormous prices and many small art movements like dada became all the rage!
I’ve heard that the art world is among the top 5 criminal enterprises. After guns and drugs and something else which escapes me.
grimtt Religion, the mother of crime!
So incredibly depressing that these works of art are hidden away in places like this, seen as framed money instead of something beautiful to be seen and enjoyed.
Lol most pieces are ugly and are valuable only because of the game....
Naziz Descendants
Seems the perfect place for the stolen art pieces from the Gardner museum in Boston to hide.
The world should raid Switzerland to see what's inside. You could be right; the Vermeer, Rembrandt's sole seascape, etc. could be there.
no, no. The theft must be in the distant past. They will not allow thugs who do hands-on crime with guns, ladders and crobars now. If you steal ten billion dollars with sophisticated methods, that is okay. If you steal one million or ten millions with crude methods and violence, you are not welcome.
@@kurtilein3 This! The Swiss have standards, so long as those standards come in the form of billions. But they still have standards!
Hugely informative and revealing documentary!
that ain't the real tea. even.
The luxury version of storage wars
Bahahaha
that's your take-away? Really? There's a reason they are wealthy and you are not.
hey, I resent that 😂😂😂😂
Can't stop laughing now 🤣
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I've been driving almost on a daily basis by it and never imagined what could be inside. Thought it was just a regular import/export facility.
He has the right to give any price he wants and the buyer should make a research if this is worth the price or not. End of the story
Agree you ask a price if you don't want to pay it then don't buy. It would not surprise me if he sold those works of art he would more than likely make a profit.
@Bainsworth was he, really? From what we know they know each other for short time. I would call friend in trust someone whom I know for many years. For me it was just a biz transaction between two of them. Russian billionaire was surprisingly naive to trust him. How he became a billionaire with this metality is the biggest surprise for me.
agree
@Bainsworth The Russian is getting fleeced. First by his art dealer, then by some lawyer who convinced him he has a legal leg to stand on, which he probably doesn't. Poor guy, all he wanted to do was launder some rubles.
I believe one concern was money laundering, esp involving Russian oligarchs. 🌈
There's always been something very fishy to me about art prices in general.
It's often money laundering, especially the crappy, abstract "art" pieces.
I feel terrible for this art dealer - he's had FIFTY bank accounts closed down , life must be so hard for him , he can obviously barely survive , we must do something to help these poor people
Hahaha 😂
At some point the art world has got to either collapse or top off. These ridiculous prices are so out of hand. No you don’t want great works discounted to such low levels, the pieces would be lost, destroyed, etc forever. But there has to be an even ground somewhere. IMHO, governments need to only collect tax one time on a piece of art....or anything for that fact. It’s ludicrous for any country to keep profiting off of gift tax or sales tax on the same item. This is the main reason, Freeport’s exist. From there out and out theft is the second reason. I would not want to own art I could not enjoy or look at.
It will but prob won’t be for 100 years
Well, I made a painting in imitation of moderrn styles, and no one has offered me a single penny for it. 🤗
Oh the Swiss, over the years they have mastered the art of hiding valuables.
They make good jews.
Where is ze Nazi gold
Mikel, it’ not THE SWISS. It’s one person at the time and mostly, they are not Swiss citizens. There are right- as well as wrong-doers everywhere.
This is mystery at its finest!
A hidden marketplace for art deals
Very good video, I was impressed with the last chap known for his integrity fighting the good fight, gives hope .
“No filming or photography”. decides to make a documentary
JeanFrançois Turenne: somethings fraudulent going on there?! The money people are a bunch of arseholes.
..makes a doc worth watching.
mark lewis how to make money?! Get something for nothing and sell it to some unsuspecting idiot for millions, not too much, just under a billion. 👍🏻, and put the money in a trust account -- whatever that is -- in an off-shore haven -- whatever that is -- and hang out with your fat friends drinking green tea. What a life?! Cover me, I'm going in.
Jef ier , " GO ...GO ...GO..!!! "
.. asked not to use a footage .. uses them ... ah .. tasteless Americans. .. P.S.: with a tiny bit of talent you could have worked around it.
Ah, the irony of a Russian oligarch suing an art dealer for excessive profiteering. I personally wish all great works of art were in museums or other venues accessible to everyone.
You can bet Romes is in the mess somewhere.
I don’t mind ppl owning art, but as you say what good does it do if no one ever sees it? How will new great artists be inspired if it’s all locked up in a “storage facility “ ?😕
Pick some other inspirational , living perhaps ! , artists. Then this bunch of dark hearted theives would lose credibility and money too !? Just an idea from a skilled portrait artist in Wales !
ah yes, but! But museums are the really BIG guns in setting values, selling, exchanging, maneuvering... it's the world, what can anyone expect!
@@ms.christian7792 Not really. At Art Basel you see thousands of works of art which museums would love to buy and exhibit, but they do not have the money to do it. Museums also lack the secrecy and infrastructure. Museums acquire or get loaned what they can, and put it on display, their job is to show to the public what they can.
Maybe Portrait of a Young Man by Raphael is in Geneva freeport. During the Second World War the painting was stolen by Germans from Poland. Many historians regard it as the most important painting missing since World War II.It is suggested that, if found, the painting would be worth in excess of 100 million US dollars
Thank you so much for showing this BEST DOCUMENTARY.... Enjoyed immensely....😮🤔
That video was AWESOME. GREAT narration and tons of really cool information.
The billionaire chisels. If the dealer buys for himself and then offers to the collector, there is no fiduciary duty to the collector. The dealer takes the risk of buying and had the risk that he must stand behind the work for authenticity. The collector could have paid for an agent if he wanted to take those risks for himself. And, if chosen, his agent might not have the same access to art works
A very good video documentary about art. Thank you for sharing.
Yes, yes, a great Doc, but what separates this one from all the rest, and I mean all the rest, is the narrator mastering several languages. Loved it!
This is fascinating and disturbing at the same time. Very well done.
The greed is saddening. I may just scrape by each day, but I sleep well each night. I feel sorry for how shallow these people are; it must be stressful.
Buy an art piece you can enjoy. It will take your stress away. Purchase from a local artist for a minimal fee. Choose a piece you enjoy looking at.
I am sure that their nights sleeping in their mansions must really eat at them night, and day.
@@spookywanker 🤣😂🤣
They worked hard for their money.
The only shallow one here is you.
@@spookywanker LL
I may have been offered that Modigliani early 2000’s … from another well known dealer family in NY
Certain dealers are claiming 50% of art sold at actions could be fakes. A situation that is no doubt somewhat caused by the clandestine practices of supper wealthy collectors.
Seems like they could just compare it from a picture?
@@carissafisher7514the forgers are even more talented that most of the artists that’s why they have to date the materials to find out fakes now
modern art is a vehicle designed specifically to launder money. Many art owners don't know squat about art, what matters to them is the resale value and the bragging rights when their guests see famous paintings hanging on their walls.
Oh! Rich people bitcoin!
Ok, I get it now
Classic arts, and poparts created by CIA. Most modern arts are worthless both financially and artistically.
Sad but true
There is nothing quite like excessive greed!
The artists would be turning in their graves.
Art ! Some of it so breathtakingly beautiful. But what a high price to pay for that beauty.
And the art of body language says that some look worried and scared.
Watching this, I start to feel some empathy with the forgers who fake the work of great artists and sell the fakes for fabulous sums to super-rich crooks.
Unfortunately what happens is if someone buys a fake, they dont tell anyone and rip off the next sucker for a profit. Repeat ad nasuaem
Why on earth would you knowingly but a fake, when it could be exposed by an expert (which it usually is, whenever you try to sell it on, as buyers always get an expert to check it's authenticity).
It's these 'artists' that are the crooks, who can't make s living selling their own work, so they just fake other artist's work- for money!
The buyers are victims!
Just recently someone stole someone else work
@@guppy0112 no creativity
@@guppy0112 Caveat Emptor. 🖤🇨🇦
I cannot finds words to say how wrong this is, ART is not about this or shouldn't be. There was a time when artists considered amongst the most valuable today, were Simply considered as artisan decorators. None of these 'owners' actually love art, know about art, Simply it's so called Worth. To treat art like this morally lowers the owners although they in some twisted way think that it raises them. They are wrong.
I am a fine artist painter. I consider myself an artisan decorator. It is a trade, like laying brick or setting pipe. We are manufacturers of moral and cultural packets, which are stored and displayed on viewers walls. They are built with precise materials and in the correct order to last many centuries without needing restoration. Living on a wall also helps, as it is out of the way of the drunk. Their value, is their proximity to living people and their affect on those people's souls. Stored in a dark swiss storage complex is the same as in the bottom of a shaft in Pompeii.
I can't find words to say how stupid you must be. Since when do art owners have to love art or know anything about it and who says that morals have to be considered with materialistic possessions? You are just so stupid.
@@nickturner2813 Why thank you honey thats the nicest thing anyone has said to me all day, have a good one.
@@Splatterpunk_OldNewYork I would say a graphic artist is like a trade person. I am an artist as well, I definitely don’t consider it a blue collar job.
People with aspiration complex need to understand that happiness remains relative. Richer or poorer, people are on average the same, they just worry about different things. But being rich doesn't make you happy. There's plenty on research on the topic and the happiness indexes of different countries on the world are very revealing.
Make the best of wherever you are and above all, make love & friendship your priority 👍
When seeing the letters ' s.a.' on that building, it told me how this whole thing was going. Those letters are an abbreviation for the term "anonymous society".
Business conducted in countries with this s.a. mark denotes that most, if not all, transactions are a private matter between those concerned and are usually secret in nature.
Crazy how easy you hide behind a corporation
I live in Delaware which is corporation heaven and plenty of folks have hidden behind corporations mainly because the owners of said corporations did not legally have to be publicly named until just recently for transparency purposes of course. Here’s an interesting fact on Delaware and corporations - there are more corporations incorporated in Delaware than the actual population of Delaware. Actually, 66% of Fortunate 500 companies are incorporated here.
Wow, we need part two of this. Very interesting to watch.
This makes me so fucking sad. Imagine manifasting your deepest feelings into your paintings just for them to be stored in some swiss vault
it's called hoarding. Imagine how many of these works could be shown to the world, how many lives could be changed by exhibiting to the public. It's so sad that so many rich people do this. They will never understand Art or the human experience without the concept of ownership and commodity
As an artist, honestly I wouldn’t care; so long as I got paid.
@@jonathangoldrick8279 “hoarding” implies what they’re doing is wrong. It isn’t. It’ll end when governments stop stealing an individual’s wealth with taxes.
The so called stolen painting titled "Portrait of a Man" could be another painting. The painting in question, that was displayed, had the name of the painting on the label on the back of the painting/frame, and it was not Portrait of a Man, it was however "Portrait of M. X". Modigliani did many other portraits of men, so the detectives claim is far from proof that this is the painting he is trying to recover.
En el mundo del arte a estos niveles prima la especulación y la sugestión, de ahí lo exorbitante de los precios, y uno se pregunta realmente valen tanto ,,,gracias por subir el video
I can’t understand what is the pleasure to keep paintings in secret for decades? This people have moneys, have a luxorious life and they are happy to have something value somewhere hidden!
It’s like putting money in the bank where it can’t be stolen it’s about it’s money value that goes up year by year not about enjoying art
Great video thank you for posting
Art not shared is art lost. At the very least a catalog or coffee table book series made affordable so the world can at least see them. Otherwise, what's the point? Stored away, not even the owners get to enjoy them... human life is so short,...
It´s ridiculous how extreme the measures to secure exchange value have become.
The shameful abuse of art for financial speculations...
yea money sucks the soul out of everything
Ars longa, vita brevis. Money in the millions is similar to pesticide to organic food destroys the purity & goodness of art. That very pesticide should be sprayed on those snooty lot, with their highfalutin opions they're nothing but protentious sycophants.
Very interesting documentary. Bouvier is the poster child of all that is wrong with the art world. So for him to be this open and cooperative does make me think about why is he doing this. Or if the documentary was funded by him?
Maybe he made the whole thing up.
Rumor has it that the Walter Keane collection is secretly held here.
Does anyone know the art piece on 28:13 ? Im just asking for a friend
I think George Condo looks a lot like his work...That would be my guess
Haha.. you,re funny indeed!!
Socalled "free ports" exists because they are condoned by governments. Governments control the legislative process and thereby the regulatory framework that makes "free ports" a viable option. "Free ports"......"free" from what? If governments allow "free ports" in their teritory, governments are part of the problem, not part of the solution.
It is not art, it is an investment. That's why they choose a painting, not sculpture. It is bulkier.
For the dealers it's not about the art itself anymore and it probably hasn't been for a long time. Truly sad.
The waste. Art is meant to be seen and appreciated. Even if it is one wealthy person who looks at it in their home. To think that the "owners" of these priceless works of art don't truly enjoy their possessions, but keep them locked away in a storage facility, is just pathetic. But it's all about the money to them.
The Lichtenstein being presented by Nahmad is priceless
The complexity of the story of the stolen Modigliani's Seated Man with a Cane blew my mind....
Things are worth what people are willing to pay for them. Don't think for a moment that friendships will ensure your bargain.
exactly, no repeat business between them for sure.
The art business operates solely on the "greater fool" theory.
Amazing documentary.
Increíble e interesante historia del arte...y sus obras d famosos.y su valor .. monetario gracias
Does Jason Bourne have access?
No, but I do.
FYI - Art dealers is just another word for scoundrels!
Very skillfully made doucumentary by a master of persuasion. Do you know who made it and who paid for it please?
Who would you guess made this?
@@juancantu6169 Jimmy Cranky
Switzerland should be abolished as a state
I wonder if the painting is Beatrice Hastings Leaning On Her Elbow. That's my guess based on the misty light and dark areas.
i think you are right
I think the painting at 04:15 is Portrait of Madame Rachele Osterlind 1919. Any other guesses?
Xopowo. Nice B.D. Many Thank you's.
Excellent Documentary!
❤❤❤
When the greatest art finds itself in the hands of ignorant private businessmen and cretinous money-sharks, you know humanity is screwed.
So this is basically a 47 minute infomercial for a storage company?
Actually, for a "slightly crooked" storage company...lol
only 2min in: there’s something disappointing about things like wine and art that could be enjoyed but instead is sitting in some crate. it’s like the billionaire version of buying a toy and not opening it
How can something be legally correct and dubious at the same time? 43:20
Now it’s clear why Clifford Still didn’t allow his work to be sold.
They still find their way to market from time to time. I've become a fan of his work.
No one wanted to buy it.
So incredible 👍
Why am I am thinking of the greatest art heist in history, the Isabella Stuart Gardner Museum job in Boston? One of the stolen works was Rembrandt's " Storm On the Sea of Galilee. " Another was a Vermeer. Why do I think this guy has both of them? The Swiss lead the world in tax evasion, money laundering and fencing stolen goods, that's why. I'm from Boston and I want those paintings returned to Boston, "toute suite" . That's a little french lingo.
James Bond It’s “toute DE suite”. And PS, nobody cares who you are, where you’re from, and what you want. You’re not a power broker in this world of art. If you were, you wouldn’t waste your time on YT - you’d be in Switzerland, London, New York, Paris, or Tokyo, stressing over how to spend your millions to make more millions
@@solooverland3666 Rich, white men walk between the raindrops.
@@JamesBond-uz2dm VERY true! The real thieves wear suits and ties, not balaclavas. See the Geneva and Zurich freeports, among others
"Nothing is better, nothing is best… Take care of your health and get plenty of rest." Bob Dylan
Trillions are in the free port. Nations and individuals wealth or net-worths are located there. Even businesses investments are there.
Brilliant 🤌🏻
Really DON'T have enough room here to speak honestly about this. Value? Ownership? Currency value? Politics? Importance of the work? Safety of the work? Very, very complicated. There are so many things that I wish was part of MY life . . . but the people I live with are extremely difficult . . . vandals . . . hate . . . speculators. . .goes on and on.
Yikes! MOVE!!
Super!👍👍👍
Sounds like the greed of the 1%. Billionaires inspiring to be trillionaires. But you must remember artists work with their hands.
Gavin Yates we work with our hearts, our souls, our lives
The problem is Artists. If they band from making " ART " we would not have this problem.
I would like that Namad guy to buy one of my pieces for millions.
Privacy is key to freedom.
Picasso did so many drawings, it was possible to buy one for just 100£!
But after he died, there were more and more keep being discovered but honestly, they could've been done by anyone.
What good are they if no one can see them?
The owners can see them whenever they wish, and "the public be damned"...
Investment, clown.
That was a staggering amount of art to give for inheritance duty.
Whats the value at the time of purchase? If he git a deal, a fair market value minus buddy deal .20% ... So if he paid 1 million you also shouldnt pay just under market?
This Painting has Stettiner's name on it with the price..he was a Dealer..it was for sale..what does that tell you.
It was most likely sold. Its not like it was hanging on the wall of a Doctors home and walla ! Even that that may have been sold.
We knew an old lady who was a professional Classical Piano Player in New York City in the 90's she was Greek I don't know where in Europe they lived.
She remembers the family's Bechenstein Piano being rolled out of the house..the father had traded it to get food for the family.
Hardships of War.
It's always nice when you hear Peter Coyote's voice.
Get him to read you a bed time story then - I'm sure he would at the right price.
one of my paintings is in there
Why should Pablo’s family have to hide inventory? It belongs to her family. The state should not be able to make her pay to much. It’s disturbing.
So what used to be swiss banks is now swiss storage ...
A Russian oligarch suing somebody for fraud is laughable
33:38, why is this portrait of a seated man so expensive?
The artist rarely painted men, the majority of his work depicts women.🖤🇨🇦
I the mid 70's I saw a Goya painting for sale for $20,000. The painting was 3' by 2'. Is what I saw possible?
OMGosh, she touched the marble with her bare hand!! shows what they DON'T know... you NEVER EVER touch marble... it imparts the oil of your skin which yellows it... Ugh. They don't know THAT much.
That is a process that takes a long time, just touching it once won't affect it.
You are wrong. Stick to playing marbles in the playground.
Call the Getty and ask about THEIR marbles... ahahaha...
Not so. It takes a long time to SHOW UP, but once the oil is there, all bets are off. Ask the Getty, they'll confirm. Best to you anyway.
that's funny. Art reeeeealy shows what's going on inside the painter. Most of the impressionists and after are a bit... well, a bit... self centered? it's okay, I mean to each his own... but 'why' of what they paint is certainly interesting.
The art dealer rips off his Russian business partner for over a 100million on one painting and then avoids paying taxes, greed greed greed.. ...
the Russian billionaire stole all his money from the Russian people anyway... but he's just a thief, (a good thief), not a negotiator. He paid way too much for the art works.
... sigh... what's new. ))
It was not a partner. It was a customer.
Art Values are Fabricated by those who sell the work, only time will prove what has enduring value
It's weird paying big money for something subjective.
they dont care about the art, just the money. i dont think its that subjective to them, just another asset
I know a famous actor who had bought some art for his home. I once said, it's not even your taste, he laughed and said, doesn't matter, now that I've owned it, it's worth more. (he was advised and he took it)
Art is subjective on one hand but not on the other.
Daniel Kovács True, I think it's funny. Talk about buyer's remorse. If you spent 50 million dollars on a board with three stripes of color and then regretted it. It reminds me of when Jack from Jack and the Bean Stalk brought back magic beans.
@@greenspringvalley Well, yes, you can see all paintings as color pigments smudged on a canvas, but do you want it tho?
-"How much for the Chagall?"
-"I can't tell you that"
She knows he is no billionaire that will bring prestige to their gallery. Therefore, even if he does have the money, she will say it's not for sale. The price also varies depending on the buyer.
She did not say it wasn't for sale, she specifically said that it is for sale, dopey.
It is normal to not have an inventory. There is not a category of storage that inventories the property across the board.
Oh art, joy timeless, immortal love.
“It’s where they do their business hidden from view.” - said the narrator of the documentary about the hidden business. 🤣