Art grows, so the need for insurance policies for collectors

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???? As the global art community grows, so does the need for insurance policies for collectors. by Alicja Grzadkowska/insurancebusinessmag.com Growth in art market means insurance opportunities abound. With the rebound in financial markets following the financial crisis in 2009, art sales have likewise taken off. New auction records made by paintings and other works are now a common occurrence, seen recently with the record-breaking sale of Leonardo da Vinci’s Salvator Mundi in December. As the global art … Read More

Art Net: A Long-Lost Klimt Drawing Just Turned Up

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???? Art: A Long-Lost Klimt Drawing Just Turned Up in a Former Museum Secretary’s Cupboard The ex-museum employee described the artwork’s location in her will. A Gustav Klimt drawing that disappeared from an Austrian museum has turned up in the cupboard of a recently deceased former secretary of the institution. The woman, who reportedly took and hid the work years ago, left a will describing the drawing’s location and asking for it to be returned upon her death. … Read More

Art Net: Dalí’s Melting Clock in Melbourne

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???? The Museum of Modern Art’s collection is hitting the road — again. In June 2018, around 200 works, including many of the museum’s best-known objects, will travel to the National Gallery of Victoria in Melbourne The show is a wide-ranging display of the museum’s greatest hits, from a 1957 Fender electric guitar to a series of portraits of Marilyn Monroe by Andy Warhol. Works that rarely venture outside MoMA’s galleries will be shown in Australia for the … Read More

Modigliani Paintings: Fakes in Italy

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Modigliani Paintings Declared Fakes in Italy A collection of Modigliani paintings exhibited last spring in Genoa’s Palazzo Ducale, Italy have been declared fake. The 21 paintings, which included reclining nudes in the Italian artist’s inimitable style, may now be destroyed. Experts noted that Modigliani is one of the most copied artists in the world, whose distinctive portraits were characterized by elongated necks, almond eyes, and oval faces. Carlo Pepi, an art expert from Tuscany, raised … Read More

Artnet: Biennale of Sydney opens on March 16

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???? Biennale of Sydney 2018 Gives Sneak Peek of Participating Artists. From Ai Weiwei to Semiconductor, the 21st edition of the event will feature a wide range of artists. Artnet/Amah-Rose Abrams, April Ai Weiwei, Haegue Yang, Eija-Liisa Ahtila, Anya Gallaccio, and Oliver Beer are some of the artists who are participating in the 21st Biennale of Sydney, slated to open to the public on March 16, 2018. Biennale curator Mami Kataoka has revealed a diverse preliminary list of 21 participating … Read More

Hubert Scheibl: first exhibition in Australia

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???? Hubert Scheibl: ‚Riffs of Real Time‘. Hubert Scheibl’s first exhibition in Australia. Dominik Mersch Gallery, Sydney, is delighted to host Hubert Scheibl‘s first exhibition in Australia. Based in Vienna, Hubert Scheibl has exhibited internationally since the 1980s including the Venice and Sao Paolo Biennale. His work is held in major institutions such as the Albertina Collection (Austria), Centre Pompidou (France), and National Museum Beijing (China). With his distinctive style, Hubert Scheibl occupies a prominent position … Read More

Santa makes stunning interventions in famous paintings throughout the ages…

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???? Santa proves he really IS a timeless classic: Father Christmas makes stunning interventions in famous paintings throughout the ages. Santa Classics is a series of images created by artist, photographer Ed Wheeler. He imagines Santa entering into the great masterworks of art, with humor and reverence for the originals. The painting: Santa strikes the same pose held by Jesus in Caravaggio’s 1601 masterpiece The Supper At Emmaus. “Ed Wheeler steps into famous masterpieces for Santa Classics.” … Read More

Art Insurance is a matter of trust

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Mr. Barta interviewed by “profil”, Austrias leading weekly news magazine. Nikolaus S. Barta founded art insurance-consulting-company Barta & Partner in 1996, filling a gap in the market. In Austria it is the only company exclusively specialised in art and private ownership. He has a network of specialists in areas such as storage, transport and restauration. “Insurance is a matter of trust” Nikolaus Barta, founder and chief executive of an art insurance company, on the value of … Read More

Artnet: Think Your Art Is Adequately Insured?

Think Your Art Is Adequately Insured?

Think Your Art Is Adequately Insured? Here Are a Few Insider Strategies to Help Minimize Your Risk Ronald D. Spencer/artnet.com/Spencer’s Art Law Journal This essay originally appeared in Spencer’s Art Law Journal. The journal is published three times a year and aims to offer insight into pressing art-related legal issues for lawyers and non-lawyers alike. What you may not know about assessing loss or damage to art for an insurance claim. This essay addresses the valuation … Read More

5 Things every collector needs to know about Art Insurance

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▶️ For many of us, amassing a robust collection of works by the artists we love is more a dream than a reality (though startups like Art Money are working to provide interest-free loans that should make buying art more manageable). ARTSY EDITORIAL BY ISAAC KAPLAN But for emerging collectors and seasoned vets alike, the actual purchase of a piece is only the beginning of what it means to actually own art. Though not flashy, art insurance is a crucial … Read More