Own art

10 tips for protecting and preserving your art

Buying a work of art is just the beginning of your relationship with it. It you want it to last, to retain its value and to be safe from theft, there are certain steps you need to take. Here is Private Art Investor’s advice:   Make sure you get your …

READ MORE →
Own art

Art collecting: the value of professional advice

Art collecting is a highly absorbing activity because it has an added dimension that distinguishes it from other types of investment: that of connoisseurship. This presents an enormous opportunity for learning, but also presents a hurdle for the ill-informed. “I have seen so many clients make the mistake of buying …

READ MORE →
Art InsuranceOwn art

How to protect your collection from summer heat damage

As the heat rises, art collectors need to take extra measures to help protect their valuables from the effects of high temperatures and humidity. “Paintings and other works of art on paper expand and contract in response to changes in temperature and humidity, and canvasses can become looser or tighter, …

READ MORE →
Art InsuranceArt RiskOwn art

Risk management for your art collection

An art collection has both financial value and sentimental or emotional worth, so when thinking about risk management for art and other collections, it is helpful to consider both physical and financial loss. That is the advice of John Sims, Head of AIG Private Client Group, UK. He says it …

READ MORE →
Art LawArt RiskOwn art

Regulations boost need for due diligence

An effect of the recession that hit the US in 2007 was that as other assets foundered, a growing number of investors considered turning to visual art. Diana Wierbicki, a US-based art specialist for law firm Withers Worldwide, says that as the appetite for art increases, the art world should …

READ MORE →
Art InsuranceArt RiskOwn art

Is your collection at risk from flood damage?

The insurance market used to provide broad coverage for the peril of flood with little to no deductibles. However, after seeing losses from Superstorm Sandy and other storms, flood coverage is much more restricted in fine art and other policies, so homeowners and collectors have to be wary as to …

READ MORE →
Buy artOwn art

Internet and emerging artists offer rich pickings

The most exciting major change in the art market in recent years is the development of internet. It has the potential to dramatically expand the art world, giving many more artists all over the world the opportunity to sell their work and opening up the art market to millions of …

READ MORE →
Art BusinessBuy artOwn art

Shared art ownership scheme launches in London

A unique trading platform that claims to make owning world-famous artworks art accessible to all through a share-based trading system has launched its international arm in London, having run successfully for three years in France. My Art Invest works by dividing work into shares, which can be traded on a …

READ MORE →
Art BusinessBuy artOwn art

Make art collecting an education

The art market currently presents plenty of opportunities for buyers, with trading volumes increasing and an influx of new buyers from all over the world. However, it would appear that there is a slight decline in connoisseurship among collectors and a corresponding reduction in successful art investment. That is the …

READ MORE →
Own art

New study: many find buying art more intimidating than buying real estate

Nearly 70 percent of people have never purchased artwork for their home, with almost 50 percent citing cost as the barrier, according to a newly commissioned study by Toluna Research Group on behalf of UGallery, an online art gallery, reveals that. Yet many of the obstacles noted seem to favour …

READ MORE →