16 Results

Curated Consignments, Bespoke Services and More: E-Commerce Platforms Demystified

Nov 14, 2017

Slowly, the online art market is expanding and converting naysayers who formerly refused to make digital purchases. Back in May, The New York Times reported that online art sales still account for less than 10% of the total market, though they’ve increased 15% since 2015. If the numbers are clear, the underlying processes are more nebulous. Though it’s easy to type in a web address and see an image of an artwork, it’s more difficult to see the history attached to the piece and how that consignment came about. Online transactions can feel impersonal, particularly compared to the intimate interactions that gallerists and collectors typically enjoy: there’s no back viewi ...

How to Make the Most of Museum Deaccessions: Three Art Consultants Weigh In

Sep 18, 2017

Collectors and museums interact in myriad ways, some more obvious than others. Institutions may be where collectors receive their first aesthetic educations, and collectors’ names often accompany the wall text as the donors of the pieces on view. Sitting on museum boards, collectors often guide major institutions, support them financially, and help plan annual benefits.
On rare occasions, however, when museums deaccession works, collectors can buy pieces directly from them. On October 10, for example, Christie’s will hold a sale to deaccession some of the duplicate photographs in MoMA’s own collection. It’s both an opportunity to purchase works once held by one of th ...

Interview of the Month with Winston Art Group

Sep 16, 2017

The Clarion List continues our series of interviews with leading art companies. Whether you are learning about these companies for the first time or are already familiar with their services, we hope this series helps shed insight into each’s distinct niche and makes the art services market in general more transparent.
This month we discussed art advisory with Marc Hajjar, Associate Director at Winston Art Group, a leading independent art advisory and appraisal firm with eight offices in the US. Learn about how the firm's large size helps their clients, how today's treatment of art as an asset class is spurring new trends in art appraisals, and about what trends they are seeing in art ...

In Addition to Educating Collectors, How About Training Art Advisors?

Sep 15, 2017

The 101 Program for Art Advisors by Tang Art Advisory and One Art Nation
By Annelien Bruins, CEO and Art Advisor, Tang Art Advisory
Even as details of the Labor Department’s Fiduciary Rule are still being debated and its implementation may be delayed for another 18 months, the writing’s on the wall. Investors want financial advisors who act in their best interest, and understandably so. There is a lesson to be learnt here. As a number of recent high-profile court cases has shown, there is much potential for misunderstanding in the relationship between collector and art advisor, particularly if potential conflicts of interest or remuneration are not discussed in advance of a col ...

The Art Collector - Dealer Relationship Examined

May 10, 2017

Important Considerations for Find A Trusting, Lasting Partnership

The relationship between art collectors and dealers is unique within the worlds of culture and commerce. In no other creative field--dance, literature, film, music--does a single buyer purchase a work from a single seller in a distinct, personal transaction. It’s an intimate, high stakes deal drastically different from buying a concert ticket or a book. If all goes well, it can lead to mutual education about the market, incredible collections, and even decades-long friendship.
With reputation, finances, and meaningful aesthetic objects at play, what should more collectors consider when working with dealers, both inde ...

Interview of the Month with Barnebys

Mar 22, 2017

The Clarion List continues our series of interviews with leading art companies. Whether you are learning about these companies for the first time or are already familiar with their services, we hope this series helps shed insight into each’s distinct niche and makes the art services market in general more transparent.

This month we discussed online listing platforms with Pontus Silfverstolpe, Founder and Editor of Barnebys. Barnebys is a listing platform that is fast expanding globally, providing a one-stop shop for sourcing art and valuables available through auction houses and dealers. Learn about why they built their site in 2011, how their email alerts work, how they drive reven ...

The Art World Goes High-Tech: Bitcoins, Blockchain and Databases

Mar 21, 2017

The Cutting Edge Technology Companies Changing How We Search for and Authenticate Art
A handful of tech-savvy companies are shaking up old-school art world ideas about certification, provenance, and registry. Online databases are offering new, centralized platforms to track artwork. These services offer digital ledgers and certificates of authenticity and some--blockchain databases--provide the opportunity for users to carry out transactions in bitcoins (a type of digital currency). The databases, with varying degrees of privacy, can both facilitate purchasing and document each time a work changes owner.
As the world becomes increasingly cash-free, records of all kinds move from the physic ...

Professional Advice for Those Fortunate to Inherit an Art Collection

Mar 20, 2017

By Bonnie Kagan of Kagan Fine Art, art advisor and appraiser in New York
You have inherited an art collection. Wonderful
You may ask:
Ok, what do I really want to do with all of this?
What are my options? How does one prepare for the secondary market?
How do you choose an art professional to help?
It is best to choose an Art Advisor and Appraiser, since this person will be able to take you through all the steps to achieve the outcome you want, they will know where to go, what you need, and what it all should cost. Besides having the obvious qualifications as an art professional, choose someone who will take the time to listen to your concerns and situation.
If the art collection has s ...

The Fine Print: 4 Times to Hire an Art Lawyer

Feb 14, 2017

Sometimes, the only thing that separates a collector from a lengthy, pricey legal battle is some good professional advice. Hiring a savvy lawyer long before things get hairy can be one of the smartest, most proactive choices you can make to ensure that your art remains rightfully yours, that when you loan it out or bequeath it to an heir, the agreements align with your wishes. Lawyer Jonathan Freiman of Wiggin and Dana LLP offers a succinct explanation of when you should hire a lawyer: “buying, selling, lending, and defending.” These activities all involve risk, and a professional can help you better understand--and minimize--this risk. Of course, only some transactions / issues ...

The Definitive Art Storage Checklist

Feb 13, 2017

By Caroline Page-Katz, Chief Operating Officer at UOVO
Art storage facilities are naturally mysterious, discreet places due to the high value of their contents, so choosing one can be a murky and confusing process. Here is a checklist to go over when you’re searching for the perfect home for your artwork, whether it’s one painting or an institutional collection:
1. Does this company specialize in art storage?
Storing art isn’t like storing seasonal items or everyday household objects. Art requires a level of care beyond what a typical self-storage facility provides. Finding a facility which specializes in art storage and whose staff has been trained to handle art is the ...