The Greats by Wolfgang Beltracchi

2021.10.11

Wolfgang Beltracchi is responsible for a notorious art collection released by the NFT. It’s quite fitting that the artist made 4,608 versions of Leonardo da Vinci’s Salvator Mundi in a variety ofThe series, called the Greats, began with the High Renaissance, followed by Da Vinci, before moving to Vincent van Gogh. Wolfgang Beltracchi, originally Wolfgang Fischer was born on February 4, 1951, in Höxter, North Rhine–Westphalia, Germany. It is believed to be the most successful art forger of all time. The world’s most expensive painting Salvator Mundi, is recreated by Beltracchi in the form of 4,608 NFT. Wolfgang Beltracchi entered a world of nonfungible tokens. Beltracchi created a new project called The Greats, which includes 4,608 NFTs. The works resemble Salvator Mundi, the world’s most expensive painting, and one of the most controversial ones. John Myatt, the former art forger, forged many masterworks in the 1980s, then sold them to institutions after. Recent events imply that the point is provable. James Stunt made a revelation in late 2019 that he was involved in a massive art scandal. The forged Dutch Old Master was embroiled by auction house Sotheby’s and was worth $10.

 

 

Helene Beltracchi’s NFT Market:

The final set is a reference to the era of Beltracchi with a forger finally forging his artistic style. Beltracchi was attracted to the NFT market because it offers artists a platform to market themselves independently and makes them independent from traditional art. The 1970 year old German artist created 40 years of the work of famous artists before being caught in 2010. He was convicted in 2011, but he only served half of his six year sentence before his release from prison. Beltracchi, by using Salvator Mundi as the basis for his NFT debut, reminds the art world that even after his unmasThe authenticity of any so called masterpiece is covered by suspicions. Otto Schulte-Kellinghaus became a business partner and is charged with being a participant in their criminal scheme. Helene Beltracchi met by Beltracchi in 1992. They married the following year (he changed her name), and subsequently became partners in crime. The Beltracchis invented a story about a recent inheritance of a preWorld War II art collection in 1995. The grandfather of Helene was influenced by the story of Werner Jägers, who lived in Cologne and became friends with a Jewish artA group of works was sold by the gallery owner to Jäger for a nominal fee. According to the story, the collection came into Helene Beltracchi’s possession after Jäger died, along with photographs proving provenance. Cubism is a musical form of the genre. cPop Art is1950-1970, Roy Lichtenstein’s Factory Art. According to The Greats website. Famous paintings are refurbished by the forger’s forger every three decades.  He has remade them and sold them in their names as originalBeltracchi was involved in a fraud of estimated 35 million euros from 1980 to 2011. The sentence to be released in 2011 was six years in jail, and he was released in 2015.  He served three years in jail. The wife was sentenced as a accomplice to four years in jail. Since Beltracchi’s arrest, art museums, galleries, and auction houses have barred him from exhibiting and selling his art. The artist is 70 years old and has found inspiration in the NFT space. However, with the forger, Wolfgang was unappealing sitting in the office for a long period of time. Out of work and money, he turned to his small time forgery racket and scaled it. It was a strategic decision to abandon older masters and focus on early-20th century French and German artists. The volume of his work was determined by his motivation and his financial need. He sometimes paints ten works a month, and then he doesn’t paint them for six months. He replayed some of the same artists over and over again. He sold a dozen fake Molzahns for $45,000, including one to his widow. Helene Beltracchi was an occasional antique dealer who worked for a movie production company and met his accomplice in 1992.

 

 

Artnet News on Facebook:

Replicas of famous painters’ work have been fooled by him hundreds of times. A handful of NFTs have been revealed to date, and the full set of artworks will reportedly be available soon. They will be available on the Ethereum blockchain, but through a “hidden sale” function whereby buyers will mint a randomly selected NFT withFind Artnet News on Facebook. Fifth Million by Daniel Filipacchi, a French media mogul and art collectorIt was authenticated by a forensic specialist, who detected a paint that included titanium white, a pigment that was not yet in use inSeveral more paintings from the Flechtheim Collection were examined, tested, and the Beltracchis’ scheme unraveled. They said, ‘The Greats will make a hidden sale. ‘That means that the NFT they are minting will not be known by buyers. The Greats has specified that it is using Chainlink’s Verifiable Random Function. The purpose of using the Chainlink VRF is to ensure that NFTs do not get exploited by parties such as a miner. The analysis was damning and the Beltracchis have been able to contain it due to their prudish courting of experts. It exhibited a pigment called titanium white, which did not exist in 1914.