An art collector of the Indian born British sculptor Anish Kapoor was recently awarded £350,000 in damages after an art storage company mistook a work for rubbish and threw it away.
Ofir Scheps left the 1984 sculpture “Hole and Vessel II” with Fine Art Logistics Ltd of London. Scheps paid £20,000 for the Anish Kapoor work in 2004, but the value of the artist’s work has increased dramatically in recent years.
£350,000 damages for ‘binned’ art
“It’s an important work in terms of what I was up to then. I only made seven or eight works that year and it’s a shame to lose one of them,” said the Indian-born artist, who won the Turner Prize in 1991. BBC