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Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared BP pegs spill at worst-case 100,000 bpd | Video 10:58am EDT New Jersey battles over tax on millionaires 20 Jun 2010 Factbox: Winners and losers from a firmer yuan 4:14am EDT Verizon offers FiOS try-out 12:24am EDT China unshackles currency ahead of G20 meeting | Video 11:37am EDT Miley Cyrus "no underwear" photo is fake, blogger says 15 Jun 2010 BP restarts drillship system after 10-hour lapse 19 Jun 2010 Music business badly needs Eminem's "Recovery" 11:00am EDT Wall Street rises as China move boosts resource shares | Video 10:10am EDT Putin boasts new jet fighter better than U.S. plane 17 Jun 2010 BP pegs spill at worst-case 100,000 bpd | Video 10:58am EDT Dell in talks with Google over Chrome OS 3:37am EDT Verizon offers FiOS try-out 12:24am EDT China unshackles currency ahead of G20 meeting | Video 11:37am EDT Factbox: Winners and losers from a firmer yuan 4:14am EDT New Jersey battles over tax on millionaires 20 Jun 2010 Shot grizzly tied to hiker death near Yellowstone 20 Jun 2010 German student attacks Hell's Angels with puppy 15 Jun 2010 Wall Street rises as China move boosts resource shares | Video 10:10am EDT Facebook '09 revenue neared $800 million 18 Jun 2010 Internet, technology change high-end art dealing Bernd Debusmann, Jr. NEW YORK Mon Jun 21, 2010 9:53am EDT NEW YORK (Reuters) - When Philip Mold began as a professional art dealer 22 years ago, the buying and selling of high-end artwork was confined to a small group of well-versed art historians who scoured the globe in search of masterpieces. Technology | Arts But the timeless world of art has changed in the age of the Internet and technology. Once limited to examining 15 to 20 works per day, Mold and his staff can now judge the value of between 50 and 100 works of art per day. "There are more possibilities, more discoveries. But there is also more competition. There is a new generation that likes the adrenaline rush, and buys indiscriminately," Mold said. Mould's new book, "The Art Detective," explores the once-shadowy but now widely accessible world of art dealing and restoration. "Knowledge is more democratized now," he said. Mold once had to use low-quality photographs to judge a work of art being offered by a seller. Now he is able to closely examine every inch of a painting by using modern digital imagery. "Photography has transformed the art world," he said. His book is subtitled "Fakes, Frauds, and Finds and the Search for Lost Treasures." Among the best of his stories: the discovery of a Rembrandt self-portrait. Originally attributed to a follower of Rembrandt, the painting once was valued at between $2,000 and $4,000. Later, having been authenticated as a lost self-portrait, it sold at auction for $5.2 million. It is now valued at an estimated $40 million. Mold, 50, is an expert on British portraiture and a presenter for the television series "Antiques Roadshow," in which appraisers judge the value of antiques purchased across Britain. The show has been duplicated in several countries, including the United States, Canada, Australia and Germany. 'MOST EXCITING MOMENT' Mold says he is drawn to the art itself and to the excitement of the chase. "The most exciting moment is when the painting is taken out to be improved and restored," he said. "It's the artistic equivalent of open-heart surgery. Sometimes I can't even watch. Emotions are extreme, especially when you've paid for it yourself." Mold uses his expertise to expose fraud. British police have estimated that 50 percent of the art sold on eBay, for example, is fraudulent. "There are more fakes now. A lot of fakes come from China, for example. But one can never recreate the effects of time. Even the smell is important," Mold said. "It's very exciting. Old-fashioned connoisseurship is greatly assisted by modern science," he said. Sophisticated fingerprint technology allows buyers to authenticate art by finding the sometimes centuries-old fingerprint of the artist. "A fingerprint is better than a signature in establishing whether something is authentic or not. Unlike a signature, a fingerprint cannot be faked." (Editing by Daniel Trotta) Technology Arts Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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