Who takes care of our cultural heritage?

Who takes care of our cultural heritage?

As an art lover you know that important treasures from the past help us to understand and celebrate our common history as well as our identity. By preserving our monuments - varying from the Statue of Liberty to the Declaration of Independence - conservators help to protect our heritage for future generations.

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The challenges of art wealth management - read now at Venu Magazine

The challenges of art wealth management - read now at Venu Magazine

Is art really a good investment option when compared to stocks and bonds? Maybe. For certain sophisticated investors. In certain circumstances. Investing in a painting or sculpture is certainly not the be-all and end-all that many art fund managers claimed it to be in the earlier years of this millennium.

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Now available for download: Chapter 4 Squeezing Lemons

Now available for download: Chapter 4 Squeezing Lemons

So far I have addressed art collectors but now it’s time to talk about you! As an aspiring art advisor you are, of course, passionate about art. You love visiting galleries and museums. You frequent as many art fairs as your schedule will allow (kudos to you: there’s a whole lot of them).

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Now available for download: Chapter 3 From passion purchase to financial instrument

Now available for download: Chapter 3 From passion purchase to financial instrument

Now that we have established your lemons problem and the ways in which art advisors can help you to circumvent it, let’s step back in time for a moment and examine the most important change that has occurred in the art market over the last century: the way in which art is perceived.

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In addition to educating collectors, how about training art advisors?

In addition to educating collectors, how about training art advisors?

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.

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Rich Man/Poor Man? The Berkshire Museum and Why Deaccessioning is so Frustrating

Rich Man/Poor Man?  The Berkshire Museum and Why Deaccessioning is so Frustrating

Two wonderful museums recently announced plans to sell major works of art.  In one case, some 40 paintings, American masterpieces among them, will be sold at auction.  In another, more than 400 photographs will also be sold. The former case has prompted a nationwide outcry, the latter…effectively nothing.

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

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

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.

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Phillips raises buyer’s premium following changes at Sotheby’s and Christie’s

Phillips raises buyer’s premium following changes at Sotheby’s and Christie’s

The new rates apply to all sales categories and follow rises recently announced by both Sotheby’s and Christie’s. The amended fees structure broadly mirrors Christie’s new charges in particular, with the only difference being the level at which 25% threshold applies (up to £180,000 at Phillips but up to £175,000 at Christie’s).

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5 Questions on Becoming an Art Advisor

5 Questions on Becoming an Art Advisor

This may come as a surprise but the opacity of the art market is not just confusing for art collectors, it’s also confusing for emerging art advisors. Annelien Bruins, CEO and Senior Art Advisor of Tang Art Advisory, shares her expertise on how to become an art advisor and the role they play.

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In the press: Best Practices in Art Advisory - The 101 Program for Art Advisors

In the press: Best Practices in Art Advisory - The 101 Program for Art Advisors

COLLECTING ART IS EXCITING, intellectually stimulating and emotionally rewarding. And if you know what you’re doing, it could also be worth your while financially. So how do you get to know the art world and make sure you buy quality art at a reasonable price?

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Sotheby’s Raises Buyer’s Premiums for Live Auctions, Does Away With Buyer’s Premiums for Online Sales

Sotheby’s Raises Buyer’s Premiums for Live Auctions, Does Away With Buyer’s Premiums for Online Sales

Sotheby’s announced in a press release that, for the third year in a row, it will increase its buyer’s premiums for its live auction sales. Tweaks to the policies for fees, which allow the house to tack an extra charge onto the price of a work sold at auction, will go into effect November 1, ahead of its sales in New York.

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Emerging Collector? Join us at the Affordable Art Fair

Emerging Collector? Join us at the Affordable Art Fair

The Affordable Art Fair NYC returns to the Metropolitan Pavilion from September 13 – 17, 2017, welcoming 67 local, national and international exhibitors, to showcase a curated collection of original contemporary work from over 400 contemporary artists.

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Five Tips for Preserving Your Fine Art Collection

Five Tips for Preserving Your Fine Art Collection

If you are a new custodian of art, then you may be wondering how to keep it looking its best and ensure its longevity. Preserving a piece of art or restoring one that has been damaged requires skill and expertise, but the good news is that you can promote the well being of your art, preserve it for future generations, and protect the value of your investment by regularly monitoring the physical condition of your art and providing it with the right environment.

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Art Advisors: Making Lemonade - Chapter 2 available for download

Art Advisors: Making Lemonade - Chapter 2 available for download

To my mind, an art advisor is your key ally in resolving your lemons problem. Whereas the role of dealers and gallerists is to bring deep expertise to the market, I believe that the purpose of the art advisor is to be your advocate, and to analyze and process this expertise to your benefit.

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The rise of art advisors: Don Thompson's new book is out in September

The rise of art advisors: Don Thompson's new book is out in September

The following is an excerpt from Chapter 10 of  The Orange Balloon Dog: Bubbles, Turmoil and Avarice in the Contemporary Art Market, the latest book from economist and art market commentator Don Thompson, out now in Canada from Douglas & McIntyre and available in the U.S.on September 9th.

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