Do not buy pre-Hispanic antiquities (arbitrage)

Almost all of the artifacts described as the oldest in the permanent collection of the Mexican Museum are either forgeries or cannot be authenticated to display in a national museum.

That’s the finding of a report commissioned by the museum board and submitted in late June by Eduardo Pérez de Heredia Puente, an associate of the National Institute of Anthropology and History in Mexico City.

According to the report, only 83 of 2,000 artifacts from the pre-Hispanic, or pre-Columbian, era could be certified as museum-quality by an independent team of museum curators who came from Mexico City to conduct the test. The other 1,917 are considered “decorative,” and will probably be given to schools or smaller museums before the museum moves from its temporary Fort Mason site to a permanent home in a luxury condo tower being constructed near SFMOMA.

Here is the full story.  Or should I just say “do not buy antiquities?”

Hat tip goes to Ted Gioia.

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