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.Read More
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.Read More
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.Read More
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.Read More
McDonald’s recently prevailed on personal jurisdiction grounds in a closely-watched case in California about the use of street art as décor for restaurants in the United Kingdom, but the issue has quickly arisen again.Read More
(Boston, MA June, 2017) Disputes over fine art looted by the Nazis have received renewed attention the past twenty-five years. While some of those disputes have been resolved through negotiations, many others have ended up in court. In a new book published by Ankerwycke Books, A Tragic Fate—Law and Ethics in the Battle Over Nazi-Looted Art, author Nicholas M. O’Donnell provides the first comprehensive study of the legal battles in the United States over art stolen in Europe before and during World War II.Read More
Congratulations on your new adventure! Collecting art is fun and exciting. I have no doubt that you’ll find your journey in the art world very rewarding. Before you start touring the art fairs and galleries, however, I’d like to provide you with some practical pointers on how to find your way around.Read More
"I often receive questions from aspiring art advisors on the best way to handle the relationship with their clients. Topics include how to charge and how to manage expectations. New art collectors ask me questions along the same lines. ‘What value does an art advisor bring to the table?’ and ‘What questions should I ask an advisor before hiring them?’. I decided to write this Ebook in response: discussing the relationship between art advisors and collectors from both perspectives."Read More
Market Art + Design returns to the center of Bridgehampton this July 6th through 9th for its seventh edition, with compelling presentations of modern and contemporary art enhanced by a striking design component pulling from dealers and designers from around the world.Read More
The 2nd edition of The Care of Prints and Drawings provides practical, straightforward advice to those responsible for the preservation of works on paper, ranging from curators, facility managers, conservators, registrars, collection care specialists, private collectors, artists, or students of museum studies, visual arts, art history, or conservation.Read More
Provenance is an important concept in the art market. It relates to the ownership history of an artwork. In addition to examining clues in the actual artwork, such as brushstrokes or the signature, the documentation describing its ownership history can help art experts to determine whether the work is authentic or not.Read More
One of the key finds of the report: online art market sales reached an estimated $3.75 billion in 2016, up 15% from 2015. This gives the online art market an 8.4% share of the overall art market, up from 7.4% in 2015Read More
Family offices and (U)HNWI’s may consider investing in works of art to diversify their portfolio’s or to use their art collections as a financial tool (i.e. as collateral for a loan). If you are a family office about to dip your toe in the art market there are two things you need to keep in mind. Firstly, don’t underestimate the unusual characteristics of the art market. Secondly, in order to navigate the market successfully, you’ll need to set clear expectations with your art advisors.Read More
1. Not considering how you are classified – are you a creator, a dealer, an investor or a collector?
Creators, dealers, investors and collectors are all treated differently for tax purposes. Make sure you know how you are classified.