At important auction sales this over-courteous personage is far more dangerous than the man who does his work systematically and as a profession, likely to be spotted by the public.
One of these art slanderers came very near inflicting a deadly blow to the successful sale of a Donatello bronze put up to auction in London at a well-known art sale-room. On the day the objects were on view, the work—which by the way belonged to an Italian antiquary who enjoys the reputation of being one of the best of connoisseurs—was much admired by English art lovers and possible buyers. A French art writer and connoisseur posed before the bronze and remarked that it was a clever fake, possibly an imitation of the eighteenth century. The comment passed from mouth to mouth, and as the French critic was known to understand the Italian Renaissance, those present expressed doubts as to its authenticity. To counteract this unexpected check the antiquary hurriedly threw himself into a cab and visited the most serious frequenters of the auction room during the few hours preceding the sale and thus had time to convince them. A new atmosphere soon prevailed and the Donatello reached the record price of £6000. It was afterwards discovered that the French critic had had a quarrel with the Italian antiquary, hence the spiteful comment.
Some of these misrepresenters are not content with going about the sale-room in search of opportunities to injure by running down a work or praising rubbish to the disadvantage of good things. They pass judgment, favourable or the reverse, at the very moment a certain object is offered for sale, an act which, strictly speaking, is against the law—but the hidden practices of auction room intriguers are more or less baffling to protective laws, like all the worthy members of the “black band,” whose chief purpose in attending auction sales is to promote what is called the “knock-out.” This is a scheme of combined forces to hamper the natural course of bidding and to oblige the unwary to renounce competition or to pay an exaggerated price.
In its simplest and most schematic form the knock-out works as follows. A certain number of dealers, go-betweens or other promiscuous plotters, band together in a secret society for the purpose of discouraging buyers not belonging to their set. Though secret because of the law, the society is in fact notorious among many of the regular frequenters of auction rooms as being both imperious and obnoxious.
This is not only carried on in Paris but in other cities too, where auction sale parasites manage to evade regulations and escape the vigilant eye of the law.
By this system the way is opened to any member of the society to “cure” an outsider of ambition or hope to buy advantageously at a sale. If X., a new-comer, offers for some object its value, or even a trifle more, he will nevertheless lose the object or be forced to bid to a foolish figure, as one of the conspirators will bid against him and if he happens to be obstinate he will pay dearly, but if by mischance the object is left to his opponent after the fever of bidding has inflated the price, the society makes good the loss sustained by its member.
Dividing the money losses among the members of the society, considerably lessens the loss of the bidder who has run the price up to an extravagant figure, in order to “punish” some one they consider an invader.
The division of “damages” is generally effected as follows: After the sale all the objects bought by the partners are put up to auction a second time among the members of the society. At this second sale the goods are likely to be disposed of at their real commercial value. If, as is sometimes the case, the total returns of this second sale are inferior to those of the auction room, the difference, paid to keep in force the rule of “punishing,” is jointly borne by the co-operators, and thus the cost of this “chastisement” game amounts to a small tax that each partner of the “black band” very willingly pays. The “black band,” as it is called in Paris, is so powerful that many not belonging to the society often consent to deal with the members. Sometimes they ask one of them to buy on their behalf. There may, of course, be a trifling commission to pay, a certain percentage, but in the end it comes considerably cheaper. Such transactions are naturally against the disposition of the laws on auction sales, and are invariably made without the consent or knowledge of the directors of the sale-room, and it must be understood that if discovered there may be repression and an unexpected and brusque recall to the strict observance of the law. Hence the fluctuating success of such societies, which, however, notwithstanding the trammels of regulations, appear to prosper.
One way of faking reputations, as it might be called, by which an object is sold at a higher price than it would reach under ordinary conditions, is to list it in the catalogue of a forthcoming sale of some noted collection. The “faked reputation” here consists in the fact that the name and reputation of the collector who had formed the collection bestows lustre upon the object inserted in the sale. This illegal proceeding, which well-known and reputable sale-rooms will not countenance, has occasioned endless lawsuits with the usual uncertain results, as the illegitimacy of the object is not always easy to prove.
Another method of faking the reputation of a certain work of art is the following. Suppose a dealer possesses a very mediocre picture of little value and wishes to have documentary proof that the work has cost him a good price, instead of a low sum, he has only to send the painting to the auction room and ask his comrades to run the bidding up to a certain figure, then by buying in his own property and paying the percentage due to the auctioneer he withdraws the picture with the receipt, the document he desired. By this trick, when an opportunity presents itself to sell the work, he is able to produce what looks like a convincing proof of his honesty and square dealing. “You see, sir, I am going to be very candid and sincere with you. Here, let me show you what I myself paid for this painting,” he will say, and show the receipt of the public auction sale.