13 Results in category collecting

Piece by Piece: The Issues with Fractional Ownership of Art

Nov 19, 2019

Billed as the next big thing, schemes to sell shares in works of art have yet to excite the market. The Art Newspaper investigates where this trend is now.
Read Full Article via The Art Newspaper

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 ...

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

How to Source & Install Art in Commercial Quantities

Jan 11, 2018

by Daria Pletneva, Creative Director at ARTI.NYC
It can often be a lengthy process to source a single work of art for a single empty wall. Sourcing art works in bulk for a commercial space can therefore seem to be an almost insurmountable, difficult task for some interior designers, architects and even new art consultants. However, with careful planning, one can create a cohesive, enjoyable art plan for a large spaces. The following article presents my advice for sourcing and installing 20+ artworks for large projects like townhomes, commercial buildings, hotel chains, restaurants, and even airports.
Plan and Discuss
This step is as evident as it is crucial and underestimated. In building ...

A Guide to Art Investment for the Uninitiated

Nov 23, 2015

Looking for an alternative form of investment? Fine art can bring great rewards, but you need to do your homework and seek advice. When Grace Cossington Smith's modernist painting The Window sold for double its pre-sale estimate at a Sotheby's Australia auction in November 2014, the local art world was aghast.

Purchasing Fine Art Is Increasingly Just a Click Away

Oct 29, 2015

Since the dawn of the web, companies have tried - and mostly failed - to sell fine art online. In 1999, for example, eBay bought Butterfield & Butterfield, one of the largest traditional auction houses, for $260 million, promising to use technology to bring fine art to the masses.
#ecommerce #collecting

Purchasing Art in a Market Full of Forgeries: Risks and Legal Remedies for Buyers

Oct 14, 2015

by Leila Amineddoleh. Since the first lawsuit against the Knoedler Gallery was filed for selling forgeries, the art world has been abuzz with stories of high-end fakes. However, forgeries are not a new phenomenon. The law of supply and demand dictates that there will be no end to the rising value of artworks done by the hands of “masters.” And with soaring market prices, art forgery will proliferate as forgers find incentive in skyrocketing sales. At the heart of forgery disputes is the determination of authenticity. Who makes these determinations? How does the market and legal world handle a battle of experts? Moreover, what remedies are available to disappointed buyers? The bes ...

Estate Planning Can Get Tricky When Art Is Concerned

Oct 02, 2015

Art investors are nearly always advised not to invest in art at all, but to collect it. Buy what you like, the conventional wisdom goes, not what you expect to increase in value. But collectors still must contemplate financial matters, especially related to inheritance, advisers say.
Source : the new york times

Navigating the Art Scene With a Wingman for Hire, With Insights from The Clarion List

Oct 02, 2015

"...An option for serious shoppers is an art adviser, who can guide collectors through the city’s galleries and auction houses. Fee structures vary, but in a common scenario, the adviser will charge a 10% commission while negotiating a trade discount to help defray costs...."
Read Full Story here

Selling an Art Collection: A 5 Step Art Market Adventure

Sep 18, 2015

If you’ve inherited an art collection and you’re considering selling all or part of it, you are in for an art market adventure! It can be an emotional and financial roller coaster ride, so it pays to take your time, consult with experts and enjoy learning about the other side of art collecting. Step One—Discover What You Have So You Can Sell The very first step is to figure out what—exactly—you now own and how much the individual pieces are worth in today’s market. This is a good time to bring in both an art appraiser (to help you get an idea of current market values) and an art conservator to assess any damage that may need to be addressed prior to sales. ...