32 Results

7 Mistakes Rookie Art Collectors Make

Sep 30, 2019

By: Adrienne Reid, Vice President at Huntington T. Block Insurance Agency, Inc., a division of Aon
Making your first art purchase is an exciting moment. You may not even have realized that it was your personal starting point of a lifelong love of collecting. Each new purchase brings life to your collection and continues to shape your vision. And before you know it, you have an art collection. However, new collectors, by virtue of being new, are prone to making mistakes when they first start out, especially if they aren’t knowledgeable about the process. 
Here are seven common mistakes new  collectors make – that are easy to avoid – if you know what to ...

Could That Be a $3 Million Vase in Your Attic?

Sep 30, 2019

Technology and tenacity are helping turn up undiscovered items whose value might surprise even their owners. 
For years, there was a maxim that the auction market was fueled by the three D’s: death, divorce and debt. Natural upheavals powered the supply side of the business, the thinking went. But these days, auction houses are working much harder — and, by their own accounts, smarter — to find material to sell. They are using technology in new ways and staking out new territory to see if local collectors would like to part with that charming painting, that lovely old watch, that intriguing antique porcelain bowl.
 Read full article via The New York Times

Online Art Collectors Look More Like Traditional Collectors than You Think

Sep 30, 2019

The art industry is at a crossroads. Never before have more people been engaged with art, thanks to the rise of digital channels and social media. Yet the market has largely stagnated over the past decade, and the number of artworks trading hands has decreased. As value has concentrated at the top of the market and costs have risen, galleries and auction houses are looking for new ways to ensure their businesses survive and thrive, to support artists, and to help connect collectors with artworks they love.
Read full article via Artsy

4 Key Challenges the Art Industry Faces Attract New Buyers

Sep 25, 2019

The art industry is at a crossroads. Never before have more people been engaged with art. Yet over the past decade, the market has largely stagnated and the number of artworks trading annually has decreased. Galleries and auction houses are looking for new ways to survive and thrive, with online sales receiving increased attention, given the significant opportunity to connect with and cultivate new collectors. Read Full Story via Artsy

7 Things to Look for When Hiring an Art Consultant

Aug 21, 2019

The art world is notorious for its lack of regulation and transparency and the global market is full of complexities; it can help to have someone on your side - an art advisor, or consultant - to help you make sense of it all and make the right purchasing decisions as a collector. However, even choosing a consultant can be a daunting task! The Clarion List has more than 800 listings for art consultants, and there are certainly many more globally.
We asked three art consultants with different backgrounds, experience and interests what advice they have for collectors who would like to hire a professional to help navigate the market to purchase art. Leslie Rankow of Leslie Rankow Fine Arts, Te ...

What Lessons Can the Art World Learn From the Last Recession?

Aug 21, 2019

Lessons from 2008 provide insight into what happens to the art market during a recession. Were a new one to hit, here’s what the art world should expect.
Source: Observer

How the rich get spending money: Locking fine art in storage and borrowing against it

Aug 13, 2019

Give them your fine art, and they'll lend you money -- seven figures and maybe more.
Source: Los Angeles Times

Galleries That Moonlight: How Dealers Are Making Money in Nontraditional Ways, From Advising Hotels

Jul 29, 2019

To increase revenue in a crowded field, galleries are developing side hustles as event venues and corporate art advisors.
Source: artnet News

The Changing Role of the Art Advisor

Jul 29, 2019

The line between dealing and advising on purchases of art is growing increasingly blurred – so can we still expect advisers to act solely on their clients’ behalf?
Source: Apollo Magazine

Comparative Analysis: A New First Step in the Art Authentication Process

Jul 06, 2019

By Lindsey Bourret, Head of Authentication Services, Mearto
[Sponsored Post]
The history of art forgery is nearly as ancient as the history of art. Roman sculptors frequently passed off their works as made by earlier Greek artists. Even the great Michelangelo falsely aged a sculpture to make it appear older and more valuable. In the 16th century, Albrecht Dürer was so plagued by forgers that he inscribed "Be cursed, plunderers and imitators of the work and talent of others" on one of his engravings.
Though it’s certainly not a new phenomenon, the previous decade has seen a number of major forgery scandals, from the arrest of notorious forger Wolfgang Beltracchi,  ...