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Most Fine Art Insurance professionals will agree that the best way to ensure that an insured loss is settled quickly and fairly is by properly documenting your art collection. Available Cloud-Based Collections Programs: There are many cloud-based programs that will catalogue collection images and data.
Desantis Should You Consider Insurance? Surprisingly, many collectors of “passion assets” don’t think to protect these valuables with insurance. Often the misconception is that only blue-chip collections worth millions of dollars require this kind of specialized protection. What happens when a piece is damaged while being moved?
Value matters, and when it is time to find a qualified art appraiser for your collection or an individual work of art, there are ways to help you find the right fit for your needs and types of art. Art appraisals are a crucial step in determining the value of your art, whether for insurance, donation, resale, or estate planning.
Photo courtesy of Architectural Digest Protecting Your Art Collection from Extreme Weather Events Art collections, whether personal or institutional, represent cultural, historical, and financial investments that require careful protection. Pumpkin by Yayoi Kusama moments before being swept into the sea.
At WorthPoint, the world’s largest online resource for researching, valuing, and preserving antiques, art, and collectibles, we have introduced another product for our subscribers. Users can share a link to their collections if they wish, but they have control over who sees their Vault.
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Please do not underestimate the importance of a proper frame for your painting or fine print. This frame visually refocuses the viewer’s attention to the sunflowers, that make up the central part of the composition, making the painting feel far less chaotic. Installation of Modernist paintings at the Philadelphia Museum.
Written by Kirsten Rabe Smolensky, JD, ISA CAPP As an appraiser, I have worked on a lot of insurance claims , including losses due to fire, theft, transit damage, and flood. The number one mistake most insureds make is not being prepared in advance. The insurance company requests an inventory of EVERYTHING inside.
Antiques, collectibles, and vintage items can all make beautiful additions to your home decor or help you complete a collection you have been working on for many years, but it is important to understand what you are looking for when you are searching for old items. What Makes an Antique a Collectible?
Designing a place to store the parts of your collection that you do not currently have on display is not as difficult as it may sound. Artist’s studio converted into a living space but adding large painting storage as a design element. These storage solutions have served us well and can be adapted to fit most any circumstance.
These archaeologists pointed out that the compass looks nearly the same as the one depicted in the 1873 painting of Copernicus produced by Polish artist Jan Matejko. In this painting , Copernicus is standing on a balcony of the Archcathedral of Frombork and has a similar compass in his left hand. WorthPoint—Discover.
Art Peritus recently sat down with Katja Zigerlig, Vice President, Art, Wine and Collectibles Advisory at Berkley One, a Berkley Company (WRB) to discuss the nuances of collecting and insuring Fine Art. B: Do you discuss this kind of art collection care with your clients? These types of valuations are not accepted.
Upon presenting his paintings, ‘Philosophy’, ‘Medicine’ and ‘Jurisprudence’, Klimt came under attack for ‘pornography’ and ‘perverted excess’ in the paintings. None of the paintings would go on display in the university.
In August 2023, Skic had the opportunity to view Hernstadt’s art collection and said he was “shocked” to see the sketch hanging in her bedroom. The other is a 1782 painting created by American-French military engineer Pierre Charles L’Enfant depicting a woman serving troops food at American encampments.
Despite preventative conservation and environmental controls, museum collections are subject to agents of deterioration and on occasion, require professional treatment or repair. In the absence of in-house conservation staff, collections managers, registrars, and curators are left weighing the pros and cons of engaging with a specialist.
A collection of unbranded jewelry that has no celebrity provenance may sell at a local or regional auction house. For insurance replacement purposes, appraisers should consider where the client typically shops, which, in most cases, falls under the retail market. For instance, Elizabeth Taylor’s jewelry (i.e.,
The camera pictured above actually looks a lot like the one I use in my own appraisal firm for photographing client collections but your phone will be fine if that is what you have available. Provenance Paint? To add a few notes of my own, I’d like to reassure readers that you don’t need to have a fancy camera to do this. FURNITURE: A.
Knowledge of American History, significant historical documents and collections Prior professional framing design experience Working knowledge of paper and painting conservation methods Qualified candidates should provide a cover letter and resume and reply by email ONLY to: Bill@archivalartservices.com.
The intent of the activists involved (according to their messaging) was not to damage the painting that was protected behind glass, but instead to call attention to their climate-centered mission and encourage society to question what we value on the whole. Both sides feel the stakes are high. Or is it possible to care about both?
Recently, a client contacted us for an insurance appraisal. She was remodeling her home and wanted to make sure that her paintings were insured to the proper value in case there was any damage during the remodel. An insurance appraisal serves several purposes, and thinking ahead provides peace of mind.
Winter’s most common catastrophe requires swift action to mitigate damage and minimize any loss of value to your art collection and valuables. Burst Pipes: What to Do When Water Seeps In As the coldest winter temperatures set in, the potential for weather-related damage to homes and art collections increases significantly.
Winter’s most common catastrophe requires swift action to mitigate damage and minimize any loss of value to your art collection and valuables. Burst Pipes: What to Do When Water Seeps In As the coldest winter temperatures set in, the potential for weather-related damage to homes and art collections increases significantly.
This antique mechanical bank resembles Salvator Mundi —a long-lost artwork reportedly by Leonardo da Vinci and the world’s most expensive painting—and was recently found at an arts and crafts fair in Louisiana. In March 2024, over 150 vendors sold antiques, collectibles, arts, and crafts at the 18th edition of the fair.
Morning session : Presentations focused on contracting essentials, legal entity setup, business insurance, and taxation. Morning Sessions: Casey Wigglesworth Vice President Fine Art Insurance with Huntington Block Casey Wigglesworth is Vice President of Programs at Huntington T. Block Insurance Agency. Anna holds an M.A.
Diversify Your Collection Diversification is an essential strategy when investing in art. This can involve collecting works from emerging artists alongside established names and investing in a range of mediums, including painting, sculpture, and photography.
In his speech, former President Obama stressed the importance of representation and praised Wiley, who paints subjects he meets and paints them in the context of royal portraiture, to recognize those who “make this country work but are so often out of sight and out of mind.” Last year, a painting by Marshall sold for $21.1
When it comes to acquiring fine art, antiques and collectibles, understanding the nuances of quality, age, historical values, craftsmanship, and condition is vital. Case in point is the artist’s painting “Femme à la Montre,” 1932 that just sold at Sotheby’s for close to $140 million dollars.
Excerpt: Most people are collectors of one thing or another, and the number of people who are serious collectors with valuable collections is growing rapidly. In fact, paintings, stamps, coins, and other items of tangible personal property have increased in value at a much greater rate than have most stocks and bonds.
In all these scenarios, the owners know the paid and historical value of things, but it often happens that, by inheriting these collections of objects, little by little the objectivity of the real / current value of said pieces is lost. In this area, the collections are usually analyzed by our ART specialists at VALUEPROS. Contact Us!
Busiakiewicz saw several paintings in the photo’s background. He produces content across a wide range of industries, including antiques, insurance, and real estate. The photo, published on X by Tim Cox, a lieutenant in Warwickshire, England, was taken at a reception in a room in Warwick’s Shire Hall. WorthPoint—Discover.
The market value of artworks can fluctuate, making periodic appraisals essential to ensure that your collection is adequately insured. Expertise Across Diverse Categories: Art comes in various forms, from paintings and sculptures to prints and installations.
Whereas a traditional commercial gallery is (at least ideally) managed by a fine art professional who has both curatorial acumen as well as sales and networking ability, a cooperative might be run collectively by dozens of artists, each with their own goals and objectives.
Schulman sought help from art historians to confirm that the painting was indeed created by Degas. He produces content across a wide range of industries, including antiques, insurance, and real estate. This drawing, produced in 1876, depicts a brothel scene and has been missing since 1952. WorthPoint—Discover.
Three Insurance Experts Explain the Intricacies of Insuring Your Art Collection I am often asked by clients if they should cover their art under their homeowner’s insurance (HO) or if they should investigate insuring their art with a separate fine art collectors’ policy.
Appraisals are usually necessary for estate planning, estate distribution and insurance. However, with NFTs the chance of destruction or damage is unlikely and insurance is a moot point. Nonetheless, an appraisal is still an essential part of collection stewardship, ensuring that you are making a sound investment and estate planning.
These may include imagery, goldsmithing and painting or even more modern items such as automobiles, collectibles or residential contents. This is also pivotal to present insurance claims if the situation arises. Extra tip: Never use flash to take photos of antiques, as it may damage some pieces.
While your jewelry and cars are appraised for insurance (high) or estate (low) valuations, antiques are valued according to the dealer's business model—is it for wholesale, retail, or auction—making it difficult for the novice to determine value accurately. John is the resident art expert and will show you how to authenticate paintings.
Founded in 2007 by Jennifer Garland Ross, Art Peritus is an Art Appraisal, Advisory, and Collection Management firm serving clients worldwide, with offices in New York, Los Angeles, Florida, Colorado, and London. We are also well known for the damage and loss appraisal work we perform for insurance claims.
When you're planning to sell items from an estate, whether it's a collection of antiques, art, or other valuable belongings, knowing their true worth is crucial. They can look at an old painting or a piece of jewelry and tell you how much it's worth. This is where personal property appraisers step in.
If your insurance provider has asked you to get your artwork professionally appraised, or you need it evaluated for some other reason, How Do I Get My Art Appraised will help you find a qualified appraiser, fully understand all aspects of the appraisal process, and prepare you for what a professional fine art appraisal is likely to cost.
One such hobbyist found her “white whale” on Facebook Marketplace, and while it was a free painting, the experts at Antiques Roadshow let her know that it was worth much more. Photos courtesy: Ardrea Sanders A SECONDHAND MARKETPLACE SCORE WorthPoint spoke with Ardrea Sanders, who acquired a painting from a Facebook Marketplace post.
The painting is 95.3 Oudry produced mainly portraits, but devoted his creative life and the still life with fruit and animal painting. His painting “The White Duck” was part of the Walpole collection, which was exhibited at the country house Houghton Hall. His father was a painter and art dealer.
First sold in 1897 by Van Gogh’s sister-in-law for 300 francs, the painting was subsequently bought and sold until being acquired by Siegfried Kramarsky, who fled to Lisbon in November 1939 and arrived January 1940 in New York. Paul Gachet who took care of Van Gogh during the final months of his life. paid US$82.5 paid US$82.5
Your insurance agent has suggested that you need your art or jewelry appraised in order to put them under rider coverage. You just moved across the country and your favorite painting arrived with a gash through the canvas. Your client has a large collection of art and wishes to include the art in a trust for his heirs.
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