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

Fine Art Insurance Policies Prove Worth During Disasters…

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Fine Art Insurance Policies Prove Worth During Disasters Daniel Grant, Contributor/Arts Journalist/Huffpost The year started off badly for the Albany Museum of Art in Georgia, when a massive tornado ripped off a section of the roof and caused damage to approximately 1,500 items, many of which were sub-Saharan African art. The good news is that the museum building and its contents were fully insured, and every one of the objects is in the process of … Read More

Nikolaus Barta im Profil-Interview: Versicherung ist Vertrauenssache

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„Versicherung ist Vertrauenssache“ Nikolaus Barta, Gründer und Geschäftsführer eines Kunstversicherungsunternehmens, über den Wert von Kunst, warum eine individuelle Kunstversicherung sinnvoll ist und was Artnapping bedeutet. © profil vom 11. September 2017/Elisabeth Klokar 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. … Read More

Nikolaus S. Barta in an interview with the New York Times

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By SCOTT REYBURN/NYTIMES, SEPT. 15, 2017 ???? At the Paris Biennale, Buyers Want Antiques. Just Not Too Many. PARIS — What is the future of the grand old art and antiques fair? Back in the 1980s and ’90s, prestige events such as Tefaf in Maastricht, the Netherlands, and the Grosvenor House antiques fair in London were the fixtures around which the international collecting calendar revolved. But tastes have changed. The famously stuffy Grosvenor House fair was discontinued in 2009, and now most of … Read More

Artnews: Art Institutions Brace for Hurricane Irma Impact

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Art & Hurricane: Just days after the Gulf Coast began what is likely to be along period of reconstruction and recovery following the havoc wrecked by Hurricane Harvey, a new Category 5 storm named Hurricane Irma is barreling across the Atlantic Ocean, with damage already in the Caribbean and the prospect of direct impact on Florida forecasted for this weekend.   Many museums are once again in the line of the storm, and officials have been … Read More

SYDNEY CONTEMPORARY RETURNS FROM 7-10 SEPTEMBER

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SYDNEY CONTEMPORARY, AUSTRALASIA’S PREMIER CONTEMPORARY ART FAIR, RETURNS FROM 7-10 SEPTEMBER 2017 WITH THE COUNTRY’S LARGEST AND MOST DIVERSE GATHERING OF LOCAL AND INTERNATIONAL GALLERIES. Staged at Carriageworks, Sydney’s striking multi-disciplinary arts precinct, the Fair welcomes over 90 galleries from around the Pacific Rim with strong representation from Australia, New Zealand and South East Asia. With a thriving contemporary art scene, Sydney is a dynamic cultural destination with an international reputation for presenting the very … Read More

Violent controversy about (art) censorship through Facebook

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Ex-Sotheby’s Australia chairman writes open letter to Mark Zuckerberg following censorship of his new art auction venture. Next month, newly-launched auction house Fine Art Bourse will host their inaugural auction entitled Erotic, Fetish and Queer art. The content of the auction certainly has raised a few eyebrows, and even faced censorship from Facebook. Continue reading on blouinartinfo.com… → OPEN LETTER TO MARK ZUCKERBERG Dear Mark, On July 28th our auction house Fine Art Bourse went live … Read More

theartnewspaper: Scotland Yard’s Art Unit heading for closure

Detectives have been redeployed to work on Grenfell Tower investigation

Scotland Yard’s Art Unit: Detectives have been redeployed to work on Grenfell Tower investigation. Scotland Yard looks set to close its Art and Antiques Unit, according to a former head. Its three detectives have been reassigned to help the Metropolitan Police’s investigation into the Grenfell Tower fire, in west London, which killed more than 80 people on 14 June. Vernon Rapley, who led the Art and Antiques Unit from 2001 until 2010, told The Art Newspaper … Read More

The Art of Art Insurance: A Practical Guide for Artists, Galleries, and Collectors

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By Will Fenstermaker/artspace.com ✪ When Hurricane Sandy hit the east coast in October 2012, one of the most damaged neighborhoods in New York City was Chelsea, the art district along the Hudson River. Flooding on some streets reached five feet, and numerous ground floor galleries suffered severe damage both to the structure of the buildings themselves, and the artworks within. Now, almost five years later, many are still recovering, thanks to skyrocketing insurance premiums and reduced … Read More

MutualArt: The Most Expensive Paintings Ever Sold

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A Paul Gauguin thought to have been the world’s most expensive artwork has been revealed to have sold for $90 million less than originally thought, at $210 million. The news follows a legal battle with auctioneer Simon de Pury, who claims he is owed $10 million for his role in the deal. We look at the new world record holder — and the 10 highest prices paid for artworks in history… → The Picture shows Willem de Kooning (completed in 1955, … Read More