The increasing popularity and value of modern and contemporary artwork and collectable items has made the industry a major target for forgers. Fraudulent art and collectable items are frequent problems for both buyers and sellers. Thomas Hoving, the former director of the Metropolitan Museum of Art, estimated that approximately 40% of all sales are for counterfeits. Art Basel estimates the global art and collectables market is worth around $65 billion, which would mean a total of $26 billion being spent on fakes each year.
Identifying forged artwork and collectables can often be difficult due to the absence of established provenance and documentation proving the authenticity of items. This creates opportunities for counterfeit sellers to provide false documents alongside their fake items. Auction houses and reputable sellers can only do so much to combat forgeries, and counterfeit items can slip through the cracks if care is not taken.
With the rise of artificially generated art, the creativity and expression of artists has been seriously threatened and millions in revenue is lost each year as a result of illegal copying algorithms. Buyers can quickly lose confidence and trust that their art is real, further impacting the financial and social situations of many artists and brands. It is becoming more important than ever to protect buyers from the sale of fraudulent art and counterfeit collectable items.
Whilst collectors and sellers do their best to ensure no counterfeit pieces reach the market, is it becoming increasingly difficult to protect against replica and fake items. The measures currently in place, such as QR-codes and holograms, only have a limited effect, and providence documents can easily be faked, copied, or cloned.
To protect against counterfeit items, Quantum Base has invented a revolutionary anti-counterfeiting solution which is 100% unbreakable and cannot be copied or cloned. Our Q-ID® Optical tags use random quantum materials imprinted on the atomic level to create an invisible ‘Quantum Signature’ on the surface of an item. This technology can be implemented onto existing art pieces and collectables, or easily integrated into the production of new pieces.
Authenticating a Q-ID® Optical tag is instant, and can be achieved with just a standard smartphone camera. The tag will provide all relevant historical information about the product, ensuring only genuine pieces make it to market, providing both the buyer and seller with peace of mind.
Provide artists, craftsmen, and collectors with the assurance that they deserve by utilising our Q-ID® Optical tags.
Our quantum solution is leading the way in anti-counterfeit protection systems. If you would like to know more about our Q-ID® Optical tags, please get in contact with us today, and help protect your customers from counterfeit art and collectables.