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UV-protective glass or acrylic can prevent sun damage, while airtight backing can help guard against moisture and pollutants. Collectors should consider separate art insurance coverage instead of relying solely on traditional homeowners insurance. Sculptures and mixed-media pieces should be placed on stable surfaces.
Chapter 11 in the Core Course Manual discusses insurance coverage and claims. It is missing the glass inserts. Since all of the similar pieces offered for sale included the glass components, should I cite a Hypothetical Condition that the piece is being appraised as if it was complete?
I’ve seen martini glasses placed on a Donald Judd sculpture by unaware party guests. B: When considering insurance, what is the difference between Blanket and Scheduled insurance coverage for collectibles? K: Scheduled coverage separately describes individual collectibles to be insured at a specific value.
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. The incident was originally reported via Artnet.
A provider evaluates the risk, provides a quote, issues coverage, and, in the event of a covered loss, pays the coverage set forth in the policy. Of the two, the “All-Risk” policy usually provides broader coverage for a homeowner. In the event of any covered loss, a deductible will be applied.
After 28 months of speculation and media coverage, The Mona Lisa finally returned to the Louvre, where it remains the most visited painting in the museum and rests safely in a case made of bulletproof glass. How Carel Fabritius’ The Goldfinch Became Famous Carel Fabritius, “ The Goldfinch ,” oil on panel, 1654.
Your insurance agent has suggested that you need your art or jewelry appraised in order to put them under rider coverage. Fine Art appraisers normally handle all paintings, prints, photographs, drawings, sculpture, tapestries and art glass. There are many reasons you might need an appraisal of personal property.
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