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article imageCollector Wins Pay Out After Works Are Dumped In A Skip

By Michelle Duffy     Mar 16, 2007 in Entertainment
A Swiss collector has been awarded £350,000 by the High Court after storage company threw away Turner Prize Winner, Anish Kapoor's piece of work.
A judge ruled that the 1984 sculpture, Hole and Vessel II, was put in a skip during building works in 2004 and later destroyed at a waste plant.
Fine Art Logistics Ltd threw out the items with the rubbish after an art collector, Ofir Scheps gave the work to the company for safe keeping. The work was then accidentally destroyed when the company building was worked upon, letting the works be put into a skip.
Shattered Ofir Scheps will receive the award for the loss to his collection. The sculptor, Kapoor was said to be devastated over the work being destroyed. The incident happened in 2004.
Kapoor, who won the prize in 1991 said, 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,"
When the items, Hole and Vessel II, made in 1984 were discovered to be ruined beyond repair, Scheps immediately brought in an art valuer who told him that the sculptor was worth £580,000.
The defence valued the items are only £250,000. This was thrown out by the judge who said that the £350,000 reflected the value of Kapoor's work and how it had dramatically risen in value..
Scheps successfully sued the company for the damages since he had bought the item in 2004 for only £20,000, when Fine Art Logistics said that they couldn't return it to him. the company admitted liability when they had said that they had 'placed the item in the skip for disposal.'
Kapoor has also made his name more famous in recent times from creating a 150 metre sculptor which swamped the Tate Modern, in Turbine Hall. A hugre mirror was also his work which was displayed in New York.
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