/ Provenance Index / Ace Gallery (Defunct 2017)

Ace Gallery (Defunct 2017)

Defunct Gallery · Founded 1967
F

Critical (F) — Provenance Grade

Ace Gallery was one of the longest-tenured LA galleries (1967). Defunct 2017 after Douglas Chrismas bankruptcy proceedings. Cautionary example of gallery operator financial misconduct + artist non-payment issues.

15
Composite / 100
/ Subscore Breakdown · 5 Dimensions

Where this grade comes from.

Authenticity / Due Diligence
F
Pricing Transparency
F
Artist Treatment
F
Collector Service
F
Liquidity / Resale Posture
F
/ Key Events & Disclosures

Timeline & positioning.

  • Founded 1967
  • Douglas Chrismas bankruptcy proceedings
  • Closed 2017
  • Artist non-payment lawsuits

/ Best for

Not relevant. Cautionary example.

/ Watch out for

Demonstrates importance of gallery financial-conduct + artist-payment-history due diligence. Verify any gallery's litigation history before consigning.