Art: Palming Off the Palmers

Gentlemanly and discreet, with faces like silver teapots, the better art dealers and auctioneers around London's Bond Street have long maintained their immunity from the scandals of the art world. Circumspection is the motto, coupled with a standing policy—among members of the British Antique Dealers Association—to refund the price of any fake. Therefore, when the biggest art forgery scandal in years came to a head in London last fortnight, the embarrassment was acute. At a press conference, a rubicund, white-bearded cockney painter and restorer named Tom Keating, 59, revealed that over the past...

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