4 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